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Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
---|---|---|
0.63 | 38.58 | 1.40 |
No LabelNo Label | No LabelNo Label | No LabelNo Label |
---|---|---|
1.32 | 41.10 | 1.60 |
PlanPlan | Lock inLock in | Exit LoadExit Load |
---|---|---|
IDCW | 0 yrs | 1.00% |
SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
---|---|
Allowed | ₹ 500 |
BenchmarkBenchmark |
---|
NIFTY 50 Hybrid Composite Debt 50:50 Index |
Balanced advantage funds are equity mutual funds that have equity allocation between 30% and 80% depending on the PE ratio and market valuation
Returns
Scheme
Ratios
Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
---|---|---|---|
NJ Balanced Advantage Fund(IDCW) | 17.90% | 12.78% | 12.04% |
HDFC Balanced Advantage Fund(IDCW) | 16.32% | 13.86% | 3.77% |
ICICI Pru Balanced Advantage Fund(M-IDCW Payout) | 13.24% | 9.37% | 8.22% |
SBI Balanced Advantage Fund(IDCW) | 19.21% | 14.85% | 14.10% |
Actual
Target
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Equity
Debt
Others
Holdings
7.71 %
Holdings
3.37 %
Holdings
3.26 %
NJ Asset Management Private Limited has a strong lineage, as a part of the NJ Group. NJ India Invest Private Limited(NJ), the flagship company of the group, was started in 1994 to cater to the growing needs in the financial services industry. NJ today is one of the leading distributors of investment products and providers of financial services in India. NJ is amongst the largest distributors of mutual funds in India and has over Rs. 1,19,190 * of mutual fund assets under management. NJ also has one of the largest network of financial products distributors in India, numbering over 23,377 * engaged in distribution of financial products.
No.of Schemes
5
Total AUM
₹ 6,713.84 Cr.
Viral Shah
AUM: ₹6,713.84 Cr.
|
Exp: 9yrs
Dhaval Patel
AUM: ₹6,713.84 Cr.
|
Exp: —
Manager Performance (0)
Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
You make
Invested period < 1 year
Gains are treated as short-term capital gains and taxed at 20%
Invested period > 1 year
Gains are treated as long-term capital gains and taxed at 12.5%