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Mutual Funds
NJ Balanced Advantage Fund Direct Growth

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NJ Balanced Advantage Fund Direct Growth

NJ Balanced Advantage Fund Direct Growth

  • Low Risk
  • Allocation
  • Dynamic Asset Allocation
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NAV as on Mar 31, 2025
i
Price per unit of the scheme.
₹ 13.4200 0.00% 1 Day Change
2.44%
Minimum Investment ₹500
Expense Ratio 0.58%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

FUND PERFORMANCE

(As On --)
Compare fund’s performance against category average across different time periods
1M 3M 6M 1Y 3Y 5Y
-- Out of -- funds in the category
Category Avg Return
--
Fund Return
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

This Fund
NJ Balanced Advantage Fund Direct Growth
VS
Allocation: Dynamic Asset Allocation Average NAV
Topper in Allocation: Dynamic Asset Allocation
All Fund
*For the other fund, rescaled NAVs are used
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RETURN CALCULATOR

Check the return on your investment in the fund
NJ Balanced Advantage Fund Direct Growth
Investment Type
MONTHLY SIP ONE -TIME
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    ₹0
  • Return
    ₹0
  • Current Value
    ₹0

FUND SUMMARY

Benchmark
Nifty 50 Hybrid Composite Debt 50:50
Expense Ratio
0.58 %
Category Avg Expense Ratio
0.76%
Minimum Investment (Lumpsum/SIP)
₹500/₹500
Lock In (Years)
No Lock-in
Fund Size
₹ 3,630.92 Cr(As on Feb, 2025)
Inception Date
Oct 29, 2021
Turnover
27.00 %
Exit Load
NIL Exit load – for 5% of the units upto completion of 30 days The “First In First Out (FIFO)” logic will be applied while selecting the units for redemption. All units redeemed /switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1.00% - if Units are redeemed/switched-out on or before 30 days from the date of allotment , Nil - if redeemed after 30 days from the date of allotment.

ABOUT THE FUND

Objective: The investment objective of the Scheme is to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

NJ Balanced Advantage Fund Direct Growth is an Allocation - Dynamic Asset Allocation fund. The fund was launched in Oct 29, 2021. Its risk level is Low. The NAV of the fund as on Mar 31, 2025 is ₹13.42. Its expense ratio is 0.58 %. The fund has an AUM of ₹3,630.92 Cr.The fund is managed by Viral Shah, Dhaval Patel, Vishal Ashar. The minimum initial investment is ₹500 in Lumpsum mode.

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FUND MANAGER

Viral Shah
i
Lead Fund Manager.
Oct 20, 2022- Present
  • Schemes managed 4
  • Total AUM ₹ 4,337.97 Cr
  • Highest Return In 1 Yr 7.34 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
6.67%
5.97%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
0.52%
--
Low Risk
₹178.49Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
2.44%
3.63%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
-9.06%
-7.63%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
1.56%
--
Low Risk
₹178.49Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
-4.42%
-3.24%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
-16.72%
-13.46%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
3.20%
--
Low Risk
₹178.49Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
-10.53%
-6.80%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
₹13.75
2.23%
6.12%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
₹1,182.53
6.55%
--
Low Risk
₹178.49Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
₹13.42
1.51%
5.25%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
--
14.91%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
--
--
Low Risk
₹178.49Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
10.93%
11.03%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
--
25.36%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
--
--
Low Risk
₹178.49Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
--
15.55%
Low Risk
₹3,630.92Cr
1M 3M 6M 1Y 3Y 5Y
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return 6.67%
Category Return 5.97%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return 0.52%
Category Return --
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return 2.44%
Category Return 3.63%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return -9.06%
Category Return -7.63%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return 1.56%
Category Return --
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return -4.42%
Category Return -3.24%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return -16.72%
Category Return -13.46%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return 3.20%
Category Return --
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return -10.53%
Category Return -6.80%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return 2.23%
Category Return 6.12%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return 6.55%
Category Return --
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return 1.51%
Category Return 5.25%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return --
Category Return 14.91%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return --
Category Return --
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return 10.93%
Category Return 11.03%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return --
Category Return 25.36%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return --
Category Return --
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return --
Category Return 15.55%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
Dhaval Patel
Mar 8, 2023- Present
  • Schemes managed 4
  • Total AUM ₹ 4,337.97 Cr
  • Highest Return In 1 Yr 7.34 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
6.67%
5.97%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
0.52%
--
Low Risk
₹178.49Cr
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
0.57%
0.50%
Low Risk
₹301.35Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
-9.06%
-7.63%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
1.56%
--
Low Risk
₹178.49Cr
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
1.71%
1.48%
Low Risk
₹301.35Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
-16.72%
-13.46%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
3.20%
--
Low Risk
₹178.49Cr
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
3.53%
3.21%
Low Risk
₹301.35Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
₹13.75
2.23%
6.12%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
₹1,182.53
6.55%
--
Low Risk
₹178.49Cr
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
₹12.04
7.34%
6.80%
Low Risk
₹301.35Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
--
14.91%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
--
--
Low Risk
₹178.49Cr
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
--
6.48%
Low Risk
₹301.35Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
--
25.36%
Very High Risk
₹227.21Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
--
--
Low Risk
₹178.49Cr
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
--
5.34%
Low Risk
₹301.35Cr
1M 3M 6M 1Y 3Y 5Y
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return 6.67%
Category Return 5.97%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return 0.52%
Category Return --
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return 0.57%
Category Return 0.50%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return -9.06%
Category Return -7.63%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return 1.56%
Category Return --
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return 1.71%
Category Return 1.48%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return -16.72%
Category Return -13.46%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return 3.20%
Category Return --
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return 3.53%
Category Return 3.21%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return 2.23%
Category Return 6.12%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return 6.55%
Category Return --
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return 7.34%
Category Return 6.80%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return --
Category Return 14.91%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return --
Category Return --
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return --
Category Return 6.48%
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
Very High Risk --
  • NAV ₹13.75
  • Fund Size ₹227.21Cr
Fund Return --
Category Return 25.36%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
Low Risk --
  • NAV ₹1,182.53
  • Fund Size ₹178.49Cr
Fund Return --
Category Return --
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return --
Category Return 5.34%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
Vishal Ashar
Mar 8, 2023- Present
  • Schemes managed 2
  • Total AUM ₹ 3,932.27 Cr
  • Highest Return In 1 Yr 7.34 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
0.57%
0.50%
Low Risk
₹301.35Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
2.44%
3.63%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
1.71%
1.48%
Low Risk
₹301.35Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
-4.42%
-3.24%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
3.53%
3.21%
Low Risk
₹301.35Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
-10.53%
-6.80%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
₹12.04
7.34%
6.80%
Low Risk
₹301.35Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
₹13.42
1.51%
5.25%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
--
6.48%
Low Risk
₹301.35Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
10.93%
11.03%
Low Risk
₹3,630.92Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
--
5.34%
Low Risk
₹301.35Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
--
15.55%
Low Risk
₹3,630.92Cr
1M 3M 6M 1Y 3Y 5Y
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return 0.57%
Category Return 0.50%
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return 2.44%
Category Return 3.63%
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return 1.71%
Category Return 1.48%
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return -4.42%
Category Return -3.24%
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return 3.53%
Category Return 3.21%
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return -10.53%
Category Return -6.80%
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return 7.34%
Category Return 6.80%
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return 1.51%
Category Return 5.25%
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return --
Category Return 6.48%
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return 10.93%
Category Return 11.03%
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
Low Risk --
  • NAV ₹12.04
  • Fund Size ₹301.35Cr
Fund Return --
Category Return 5.34%
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
Low Risk --
  • NAV ₹13.42
  • Fund Size ₹3,630.92Cr
Fund Return --
Category Return 15.55%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Feb 2025
EQUITY (48.45%)
DEBT (14.95%)
CASH (36.61%)
Allocation by Market Cap

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
    --
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    --
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
    --

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    --
    This Fund
    VS
    --
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    --
    This Fund
    VS
    --
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    0.79
    This Fund
    VS
    0.81
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    --
    This Fund
    VS
    --
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    0.51
    This Fund
    VS
    0.48
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    9.45
    This Fund
    VS
    8.43
    Category Avg
Benchmark used in calculation : --

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Quant Dynamic Asset Allocation Fund Direct Growth Quant Dynamic Asset Allocation Fund Direct Growth
--
₹15.88
7.51%
3.63%
Moderately High risk
₹1,140.21 Cr
Baroda BNP Paribas Balanced Advantage Fund Direct Growth Baroda BNP Paribas Balanced Advantage Fund Direct Growth
₹24.74
6.65%
3.63%
Very High Risk
₹3,832.93 Cr
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
--
₹13.91
6.00%
3.63%
Very High Risk
₹719.51 Cr
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option
₹113.40
5.43%
3.63%
Very High Risk
₹6,988.25 Cr
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option Motilal Oswal Balance Advantage Fund Direct Plan Growth Option
₹19.83
5.35%
3.63%
Very High Risk
₹890.56 Cr
Edelweiss Balanced Advantage Fund Direct Plan Growth Edelweiss Balanced Advantage Fund Direct Plan Growth
₹54.79
5.12%
3.63%
Very High Risk
₹11,696.63 Cr
Quant Dynamic Asset Allocation Fund Direct Growth Quant Dynamic Asset Allocation Fund Direct Growth
MODERATELY HIGH RISK --
  • NAV ₹15.88
  • Fund Size ₹1,140.21 Cr
Fund Return 7.51%
Category Return 3.63%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth Baroda BNP Paribas Balanced Advantage Fund Direct Growth
VERY HIGH RISK
  • NAV ₹24.74
  • Fund Size ₹3,832.93 Cr
Fund Return 6.65%
Category Return 3.63%
LIC MF Balanced Advantage Fund Direct Growth LIC MF Balanced Advantage Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹13.91
  • Fund Size ₹719.51 Cr
Fund Return 6.00%
Category Return 3.63%
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option
VERY HIGH RISK
  • NAV ₹113.40
  • Fund Size ₹6,988.25 Cr
Fund Return 5.43%
Category Return 3.63%
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option Motilal Oswal Balance Advantage Fund Direct Plan Growth Option
VERY HIGH RISK
  • NAV ₹19.83
  • Fund Size ₹890.56 Cr
Fund Return 5.35%
Category Return 3.63%
Edelweiss Balanced Advantage Fund Direct Plan Growth Edelweiss Balanced Advantage Fund Direct Plan Growth
VERY HIGH RISK
  • NAV ₹54.79
  • Fund Size ₹11,696.63 Cr
Fund Return 5.12%
Category Return 3.63%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y
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Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
--
₹13.75
6.67%
5.97%
Very High Risk
₹227.21 Cr
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
--
₹13.42
2.44%
3.63%
Low Risk
₹3,630.92 Cr
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
--
₹12.04
0.57%
0.50%
Low Risk
₹301.35 Cr
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
--
₹1,182.53
0.52%
--
Low Risk
₹178.49 Cr
NJ ELSS Tax Saver Scheme Direct Growth NJ ELSS Tax Saver Scheme Direct Growth
VERY HIGH RISK --
  • NAV ₹13.75
  • Fund Size ₹227.21 Cr
Fund Return 6.67%
Category Return 5.97%
NJ Balanced Advantage Fund Direct Growth NJ Balanced Advantage Fund Direct Growth
LOW RISK --
  • NAV ₹13.42
  • Fund Size ₹3,630.92 Cr
Fund Return 2.44%
Category Return 3.63%
NJ Arbitrage Fund Direct Growth NJ Arbitrage Fund Direct Growth
LOW RISK --
  • NAV ₹12.04
  • Fund Size ₹301.35 Cr
Fund Return 0.57%
Category Return 0.50%
NJ Overnight Fund Direct Growth NJ Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹1,182.53
  • Fund Size ₹178.49 Cr
Fund Return 0.52%
Category Return --
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

NJ Asset Management Private Limited
NJ Asset Management Private Limited manages assets worth ₹ 6,181.62 crores. It’s current offering of mutual fund schemes includes 2 equity, 1 hybrid schemes.
Phone
022 68940000
Email
complianceamc@njgroup.in
AUM
₹ 6,181.62 Cr (
As on Feb 2025
)
Address
Unit No. 101A, 1st Floor ,Mumbai ,400051

FAQ’S

What is the category of NJ Balanced Advantage Fund Direct Growth ?
The category of NJ Balanced Advantage Fund Direct Growth is Allocation - Dynamic Asset Allocation
What is the current NAV of NJ Balanced Advantage Fund Direct Growth ?
The current NAV of NJ Balanced Advantage Fund Direct Growth (as on Mar 31, 2025) is ₹ 13.42
How safe is NJ Balanced Advantage Fund Direct Growth?
The risk level of NJ Balanced Advantage Fund Direct Growth is Low .
What are short term returns given by NJ Balanced Advantage Fund Direct Growth?
The return given by NJ Balanced Advantage Fund Direct Growth in 1 month is 2.44%, 3 months is -4.42%, 6 months is -10.53%, and 1 year is 1.51%.
What are the long term returns given by NJ Balanced Advantage Fund Direct Growth?
The return given by NJ Balanced Advantage Fund Direct Growth in 3 years is 10.93% and 5 years is --.
What is the expense ratio of NJ Balanced Advantage Fund Direct Growth?
The expense ratio of NJ Balanced Advantage Fund Direct Growth is 0.58 %
What is the AUM of NJ Balanced Advantage Fund Direct Growth
The assets under Management (AUM) of NJ Balanced Advantage Fund Direct Growth is Rs 3,630.92 crores.
What is the minimum investment in NJ Balanced Advantage Fund Direct Growth?
The minimum Lumpsum investment in NJ Balanced Advantage Fund Direct Growth is ₹500 and the minimum SIP investment in NJ Balanced Advantage Fund Direct Growth is ₹500
What is the asset allocation of NJ Balanced Advantage Fund Direct Growth?
The NJ Balanced Advantage Fund Direct Growth has an exposure of 48.45% in Equity, 14.95% in Debt and 36.61% in Cash & Money Market Securities

CALCULATORS

Income Tax Calculator SIP Calculator FD Calculator Dividend Yield Calculator Lump-Sum Calculator CAGR Calculator Top-Up Calculator Latte Factor Calculator

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