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NJ Balanced Advantage Fund Direct Growth

NJ Balanced Advantage Fund Direct Growth

HybridDynamic Asset AllocationVery High Risk

Direct

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NAV (20-Dec-24)

₹13.98-0.99%1D

Returns (Since Inception)

11.25%
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Fund Overview

Fund Size

Fund Size

₹3,988 Cr

Expense Ratio

Expense Ratio

0.63%

ISIN

ISIN

INF0J8L01040

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

29 Oct 2021

About this fund

NJ Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by NJ Mutual Fund. This fund has been in existence for 3 years, 1 months and 23 days, having been launched on 29-Oct-21.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹13.98, Assets Under Management (AUM) of 3988.46 Crores, and an expense ratio of 0.63%.
  • NJ Balanced Advantage Fund Direct Growth has given a CAGR return of 11.25% since inception.
  • The fund's asset allocation comprises around 52.98% in equities, 8.56% in debts, and 38.46% in cash & cash equivalents.
  • You can start investing in NJ Balanced Advantage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+13.47%

+15.05% (Cat Avg.)

3 Years

+12.96%

+12.63% (Cat Avg.)

Since Inception

+11.25%

— (Cat Avg.)

Portfolio Summaryas of 30th November 2024

Equity₹2,113.13 Cr52.98%
Debt₹341.38 Cr8.56%
Others₹1,533.95 Cr38.46%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset₹569.24 Cr14.27%
Future on Reliance Industries LtdEquity - Future₹-318.93 Cr8.00%
Reliance Industries LtdEquity₹316.85 Cr7.94%
Clearing Corporation Of India LtdCash - Repurchase Agreement₹311.39 Cr7.81%
HCL Technologies LtdEquity₹141.72 Cr3.55%
Ajanta Pharma LtdEquity₹129.51 Cr3.25%
Alkem Laboratories LtdEquity₹127.76 Cr3.20%
Torrent Pharmaceuticals LtdEquity₹114.53 Cr2.87%
Coal India LtdEquity₹114.09 Cr2.86%
HDFC Asset Management Co LtdEquity₹111.83 Cr2.80%
Bosch LtdEquity₹107.26 Cr2.69%
Bajaj Auto LtdEquity₹103.52 Cr2.60%
Hero MotoCorp LtdEquity₹96.2 Cr2.41%
Colgate-Palmolive (India) LtdEquity₹87.89 Cr2.20%
Gillette India LtdEquity₹62.48 Cr1.57%
Divi's Laboratories LtdEquity₹61.64 Cr1.55%
Future on Bajaj Finance LtdEquity - Future₹-60.44 Cr1.52%
Bajaj Finance LtdEquity₹60.09 Cr1.51%
Tech Mahindra LtdEquity₹57.08 Cr1.43%
UTI Asset Management Co LtdEquity₹56.98 Cr1.43%
Tata Consultancy Services LtdEquity₹53.96 Cr1.35%
Infosys LtdEquity₹52.85 Cr1.33%
Eicher Motors LtdEquity₹52.67 Cr1.32%
Petronet LNG LtdEquity₹52.45 Cr1.32%
Sun Pharmaceuticals Industries LtdEquity₹50.24 Cr1.26%
08.07 GJ Sdl 2025Bond - Gov't/Treasury₹50.12 Cr1.26%
364 DTB 05122024Bond - Gov't/Treasury₹49.96 Cr1.25%
182 DTB 12122024Bond - Gov't/Treasury₹49.9 Cr1.25%
182 Day T-Bill 19.12.24Bond - Gov't/Treasury₹49.84 Cr1.25%
Pidilite Industries LtdEquity₹49.82 Cr1.25%
182 DTB 26122024Bond - Gov't/Treasury₹49.78 Cr1.25%
182 DTB 09012025Bond - Gov't/Treasury₹49.66 Cr1.25%
364 DTB 02052024Bond - Gov't/Treasury₹49.54 Cr1.24%
364 Day T-Bill 30.01.25Bond - Gov't/Treasury₹49.47 Cr1.24%
364 Days T - Bill- 06/02/2025Bond - Gov't/Treasury₹49.41 Cr1.24%
182 DTB 20022025Bond - Gov't/Treasury₹49.29 Cr1.24%
364 DTBBond - Gov't/Treasury₹49.23 Cr1.23%
182 DTB 18102024Bond - Gov't/Treasury₹49.17 Cr1.23%
India (Republic of)Bond - Short-term Government Bills₹48.92 Cr1.23%
364 DTB 18042025Bond - Gov't/Treasury₹48.79 Cr1.22%
182 DTB 24042025Bond - Gov't/Treasury₹48.74 Cr1.22%
182 DTB 01052025Bond - Gov't/Treasury₹48.67 Cr1.22%
182 DTB 08052025Bond - Gov't/Treasury₹48.61 Cr1.22%
182 Days Tbill Red 23-05-2025Bond - Gov't/Treasury₹48.48 Cr1.22%
Dr. Lal PathLabs LtdEquity₹47.65 Cr1.19%
Havells India LtdEquity₹46.55 Cr1.17%
Indian Energy Exchange LtdEquity₹45.82 Cr1.15%
05.80 MH Sdl 2025Bond - Gov't/Treasury₹44.92 Cr1.13%
Britannia Industries LtdEquity₹41.52 Cr1.04%
Future on Bank of BarodaEquity - Future₹-35.91 Cr0.90%
Bank of BarodaEquity₹35.68 Cr0.89%
07.26 KA Sgs 2025Bond - Gov't/Treasury₹35.01 Cr0.88%
Mahanagar Gas LtdEquity₹33.72 Cr0.85%
Future on IndusInd Bank LtdEquity - Future₹-19.03 Cr0.48%
IndusInd Bank LtdEquity₹18.92 Cr0.47%
Indian Railway Catering And Tourism Corp LtdEquity₹16.06 Cr0.40%
Future on State Bank of IndiaEquity - Future₹-16 Cr0.40%
State Bank of IndiaEquity₹15.92 Cr0.40%
Net Receivables / (Payables)Cash - Collateral₹15.17 Cr0.38%
ITC LtdEquity₹12.09 Cr0.30%
Future on Adani Enterprises LtdEquity - Future₹-12.05 Cr0.30%
Adani Enterprises LtdEquity₹11.97 Cr0.30%
Coforge LtdEquity₹11.32 Cr0.28%
Hdfc Bank Limited December 2024 FutureEquity - Future₹-11.21 Cr0.28%
HDFC Bank LtdEquity₹11.16 Cr0.28%
CRISIL LtdEquity₹10.72 Cr0.27%
Future on Kotak Mahindra Bank LtdEquity - Future₹-10.65 Cr0.27%
Kotak Mahindra Bank LtdEquity₹10.59 Cr0.27%
07.74 TN UDAY 2025Bond - Gov't Agency Debt₹10.02 Cr0.25%
Page Industries LtdEquity₹9.75 Cr0.24%
Future on Axis Bank LtdEquity - Future₹-9.72 Cr0.24%
Axis Bank LtdEquity₹9.66 Cr0.24%
Oracle Financial Services Software LtdEquity₹9.51 Cr0.24%
Birlasoft LtdEquity₹9.22 Cr0.23%
L&T Technology Services LtdEquity₹9.18 Cr0.23%
Mphasis LtdEquity₹9.16 Cr0.23%
LTIMindtree LtdEquity₹9.15 Cr0.23%
Future on Vodafone Idea LtdEquity - Future₹-9.13 Cr0.23%
Vodafone Idea LtdEquity₹9.06 Cr0.23%
Cyient LtdEquity₹9 Cr0.23%
Abbott India LtdEquity₹8.88 Cr0.22%
Apollo Hospitals Enterprise LtdEquity₹8.87 Cr0.22%
Procter & Gamble Hygiene and Health Care LtdEquity₹8.82 Cr0.22%
Marico LtdEquity₹8.64 Cr0.22%
Sona BLW Precision Forgings LtdEquity₹8.53 Cr0.21%
Happiest Minds Technologies Ltd Ordinary SharesEquity₹8.34 Cr0.21%
Grindwell Norton LtdEquity₹8.09 Cr0.20%
Tata Elxsi LtdEquity₹7.99 Cr0.20%
Future on Indian Railway Catering And Tourism Corp LtdEquity - Future₹-7.97 Cr0.20%
Dabur India LtdEquity₹7.91 Cr0.20%
Future on Tata Power Co LtdEquity - Future₹-7.71 Cr0.19%
Nestle India LtdEquity₹7.67 Cr0.19%
Tata Power Co LtdEquity₹7.66 Cr0.19%
Alkyl Amines Chemicals LtdEquity₹7.57 Cr0.19%
Kajaria Ceramics LtdEquity₹7.57 Cr0.19%
Berger Paints India LtdEquity₹7.4 Cr0.19%
Future on Larsen & Toubro LtdEquity - Future₹-7.24 Cr0.18%
Larsen & Toubro LtdEquity₹7.21 Cr0.18%
Asian Paints LtdEquity₹7.03 Cr0.18%
Future on Granules India LtdEquity - Future₹-6.98 Cr0.17%
Granules India LtdEquity₹6.95 Cr0.17%
Future on Bandhan Bank LtdEquity - Future₹-5.58 Cr0.14%
Bandhan Bank LtdEquity₹5.54 Cr0.14%
Future on Canara BankEquity - Future₹-5.13 Cr0.13%
Canara BankEquity₹5.1 Cr0.13%
Future on Container Corporation of India LtdEquity - Future₹-4.66 Cr0.12%
Container Corporation of India LtdEquity₹4.64 Cr0.12%
Future on Steel Authority Of India LtdEquity - Future₹-4.57 Cr0.11%
Steel Authority Of India LtdEquity₹4.54 Cr0.11%
Future on Hindustan Unilever LtdEquity - Future₹-3.98 Cr0.10%
Hindustan Unilever LtdEquity₹3.97 Cr0.10%
Itc Limited December 2024 FutureEquity - Future₹-3.53 Cr0.09%
Future on Ambuja Cements LtdEquity - Future₹-2.6 Cr0.07%
Ambuja Cements LtdEquity₹2.58 Cr0.06%
182 DTB 17012025Bond - Gov't/Treasury₹1.98 Cr0.05%
Future on Adani Ports & Special Economic Zone LtdEquity - Future₹-1.25 Cr0.03%
Adani Ports & Special Economic Zone LtdEquity₹1.24 Cr0.03%
Future on RBL Bank LtdEquity - Future₹-0.82 Cr0.02%
RBL Bank LtdEquity₹0.81 Cr0.02%
Future on Exide Industries LtdEquity - Future₹-0.65 Cr0.02%
Exide Industries LtdEquity₹0.65 Cr0.02%
Future on Godrej Properties LtdEquity - Future₹-0.63 Cr0.02%
Godrej Properties LtdEquity₹0.62 Cr0.02%
L&T Finance Limited December 2024 FutureEquity - Future₹-0.51 Cr0.01%
L&T Finance LtdEquity₹0.51 Cr0.01%
Future on Bharat Heavy Electricals LtdEquity - Future₹-0.46 Cr0.01%
Bharat Heavy Electricals LtdEquity₹0.46 Cr0.01%
Cipla Limited December 2024 FutureEquity - Future₹-0.4 Cr0.01%
Cipla LtdEquity₹0.4 Cr0.01%
Future on Crompton Greaves Consumer Electricals LtdEquity - Future₹-0.37 Cr0.01%
Crompton Greaves Consumer Electricals LtdEquity₹0.37 Cr0.01%
Future on Bharti Airtel LtdEquity - Future₹-0.31 Cr0.01%
Bharti Airtel LtdEquity₹0.31 Cr0.01%
Rec Limited December 2024 FutureEquity - Future₹-0.21 Cr0.01%
REC LtdEquity₹0.21 Cr0.01%
Future on GMR Airports LtdEquity - Future₹-0.19 Cr0.00%
GMR Airports LtdEquity₹0.19 Cr0.00%
Future on DLF LtdEquity - Future₹-0.14 Cr0.00%
DLF LtdEquity₹0.14 Cr0.00%
Abb India Limited December 2024 FutureEquity - Future₹-0.09 Cr0.00%
ABB India LtdEquity₹0.09 Cr0.00%
Future on Zydus Lifesciences LtdEquity - Future₹-0.09 Cr0.00%
Zydus Lifesciences LtdEquity₹0.09 Cr0.00%
Future on Pidilite Industries LtdEquity - Future₹-0.08 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

30.21%

Mid Cap Stocks

15.74%

Small Cap Stocks

7.43%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Healthcare₹556.53 Cr13.95%
Energy₹495.36 Cr12.42%
Financial Services₹399.54 Cr10.02%
Technology₹379.46 Cr9.51%
Consumer Cyclical₹378.95 Cr9.50%
Consumer Defensive₹240.98 Cr6.04%
Industrials₹101.09 Cr2.53%
Basic Materials₹78.94 Cr1.98%
Utilities₹41.38 Cr1.04%
Communication Services₹9.37 Cr0.23%
Real Estate₹0.76 Cr0.02%

Risk & Performance Ratios

Standard Deviation

This fund

9.06%

Cat. avg.

7.73%

Lower the better

Sharpe Ratio

This fund

0.70

Cat. avg.

0.81

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.50

Higher the better

Fund Managers

VS

Viral Shah

Since October 2022

DP

Dhaval Patel

Since March 2023

Additional Scheme Detailsas of 30th November 2024

ISIN
INF0J8L01040
Expense Ratio
0.63%
Exit Load
1.00%
Fund Size
₹3,988 Cr
Age
3 years 1 month
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
NIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1145.14 Cr12.2%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1145.14 Cr13.6%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1341.13 Cr28.1%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.1%1.0%₹1341.13 Cr26.2%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹2283.37 Cr17.3%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

2.0%1.0%₹2283.37 Cr15.8%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹904.25 Cr16.5%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹904.25 Cr18.5%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1774.80 Cr14.2%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1774.80 Cr12.6%

About the AMC

NJ Mutual Fund

NJ Mutual Fund

phone022 68940000
e-mailhttps://www.njmutualfund.com/

Total AUM

₹6,716 Cr

Address

Unit No. 101A, 1st Floor, Mumbai, 400051

Other Funds by NJ Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
NJ Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1966.51 Cr19.5%
NJ Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹210.75 Cr6.6%
NJ Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹330.12 Cr7.8%
NJ Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹3988.46 Cr13.5%
NJ ELSS Tax Saver Scheme Direct Growth

Very High Risk

0.5%0.0%₹250.67 Cr17.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of NJ Balanced Advantage Fund Direct Growth, as of 20-Dec-2024, is ₹13.98.
The fund has generated 13.47% over the last 1 year and 12.96% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 52.98% in equities, 8.56% in bonds, and 38.46% in cash and cash equivalents.
The fund managers responsible for NJ Balanced Advantage Fund Direct Growth are:-
  1. Viral Shah
  2. Dhaval Patel
info
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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