NJ Balanced Advantage Fund - Regular Plan - Growth Option

NJ Balanced Advantage Fund - Regular Plan - Growth Option

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Category: Hybrid: Dynamic Asset Allocation
Launch Date: 05-10-2021
Asset Class:
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Expense Ratio: 1.89% As on (30-11-2024)
Status: Open Ended Schemes for subscription
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 398.8 Cr As on (29-11-2024)
Turn over: 525
NAV as on 20-12-2024

13.42

-0.13 (-0.9687%)

CAGR Since Inception

9.8%

NIFTY 50 Hybrid Composite debt 50:50 Index 11.66%

PERFORMANCE of NJ Balanced Advantage Fund - Regular Plan - Growth Option

Scheme Performance (%) Data as on - 20-12-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
NJ Balanced Advantage Fund - Regular Plan - Growth Option 12.02 11.47 - - 9.8
Benchmark - - - - -
Hybrid: Dynamic Asset Allocation 14.88 11.95 12.36 9.78 11.52

Yearly Performance (%)

Nav Movement

Fund Managers

Dhaval Patel, Vishal Ashar, Viral Shah

Investment Objective

The scheme seeks to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities.

RETURNS CALCULATOR for NJ Balanced Advantage Fund - Regular Plan - Growth Option

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of NJ Balanced Advantage Fund - Regular Plan - Growth Option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
NJ Balanced Advantage Fund - Regular Plan - Growth Option 9.03 0.49 1.26 1.08 6.41 0.1
Hybrid: Dynamic Asset Allocation - - - - - -

PEER COMPARISION of NJ Balanced Advantage Fund - Regular Plan - Growth Option

Period
Data as on - 20-12-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
NJ Balanced Advantage Fund - Regular Plan - Growth Option 05-10-2021 12.02 15.56 11.47 0.0 0.0
Quant Dynamic Asset Allocation Fund - Growth Option - Regular Plan 19-04-2023 26.24 0.0 0.0 0.0 0.0
Axis Balanced Advantage Fund - Regular Plan - Growth 07-08-2017 19.56 18.04 12.71 12.17 0.0
HDFC Balanced Advantage Fund - Growth Plan 01-02-1994 19.43 23.16 23.0 19.85 13.75
WhiteOak Capital Balanced Advantage Fund Regular Plan Growth 10-02-2023 18.34 0.0 0.0 0.0 0.0
Invesco India Balanced Advantage Fund - Growth 04-10-2007 18.1 17.56 14.2 11.89 10.08
Baroda BNP Paribas Balanced Advantage Fund-Regular Plan -Growth Option 04-11-2018 17.3 17.19 13.58 15.81 0.0
Franklin India Balanced Advantage Fund- Growth 06-09-2022 17.0 16.34 0.0 0.0 0.0
HSBC Balanced Advantage Fund - Regular Growth 01-01-2013 16.76 16.28 12.05 11.04 8.54
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth 30-12-2021 16.5 16.51 0.0 0.0 0.0

PORTFOLIO ANALYSIS of NJ Balanced Advantage Fund - Regular Plan - Growth Option

Asset Allocation (%)

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

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Member Code: 32262
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ARN: 160300