nippon india balanced advantage fund directgrowth

Nippon India Balanced Advantage Fund Direct-Growth

Hybrid: Dynamic Asset Allocation - Growth (Open ended)

Nippon India Balanced Advantage Fund Direct-GrowthNAV: 210.41 as on 09 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Very HighCategory: Hybrid: Dynamic Asset AllocationBenchmark: CRISIL Hybrid 50+50 Moderate Index

NAV: ₹210.41+0.62%

10 Jul 2026

1 Week returns: 0.34 %

Category rank: 14/42

1 Month returns: 4.36 %

Category rank: 11/42

1 Year CAGR: 4.83 %

Category rank: 8/38

3 Years CAGR: 12.40 %

Category rank: 10/31

5 Years CAGR: 10.97 %

Category rank: 8/23

52 week high/low

₹192.41

₹210.88

AUM

9796.34

Expense Ratio

0.85

Inception

1356998.00

P/E

24.47

P/B

3.52

Credit Risk

Low

IR Risk

High

YTM

7.86

Duration

2.46

Maturity

3.64

Return 3Y

12.40

Return 5Y

10.97

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.

Positive

Not enough talking points with positive stance

Negative

Not enough talking points with negative stance

Neutral

Not enough talking points with neutral stance

Scheme Overview

The scheme seeks to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives.

Scheme Category Overview →

Plan Variants

Nippon India Balanced Advantage Fund Direct-IDCW

Nippon India Balanced Advantage Fund Direct-Bonus

Fund Managers

Kinjal Desai

Since: 25 May 2018

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Education

Ms. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1

Past Experience

She has been working with Nippon India Mutual Fund since year, 2012

Funds managed (45)

1.Nippon India Banking & Financial Services Fund11 Mar 2026 – Present

2.Nippon India Power & Infra Fund11 Mar 2026 – Present

3.Nippon India Dynamic Bond Fund11 Mar 2026 – Present

4.Nippon India Multi Cap Fund5 Sep 2025 – Present

5.Nippon India Floater Fund11 Mar 2026 – Present

6.Nippon India Gilt Fund11 Mar 2026 – Present

7.Nippon India Growth Mid Cap Fund25 May 2018 – Present

8.Nippon India Ultra Short Duration Fund11 Mar 2026 – Present

9.Nippon India Liquid Fund11 Mar 2026 – Present

10.Nippon India Money Market Fund11 Mar 2026 – Present

11.Nippon India Focused Fund25 May 2018 – Present

12.Nippon India Consumption Fund25 May 2018 – Present

13.Nippon India Corporate Bond Fund11 Mar 2026 – Present

14.Nippon India Conservative Hybrid Fund11 Mar 2026 – Present

15.Nippon India Pharma Fund11 Mar 2026 – Present

16.Nippon India Quant Fund5 Sep 2025 – Present

17.Nippon India Credit Risk Fund11 Mar 2026 – Present

18.Nippon India Value Fund11 Mar 2026 – Present

19.Nippon India Short Duration Fund11 Mar 2026 – Present

20.Nippon India Small Cap Fund11 Mar 2026 – Present

21.Nippon India ELSS Tax Saver Fund11 Mar 2026 – Present

22.Nippon India Large Cap Fund11 Mar 2026 – Present

23.Nippon India Vision Large & Mid Cap Fund25 May 2018 – Present

24.Nippon India Medium to Long Duration Fund11 Mar 2026 – Present

25.Nippon India Low Duration Fund11 Mar 2026 – Present

26.Nippon India Balanced Advantage Fund25 May 2018 – Present

27.Nippon India Quarterly Interval Series II Direct11 Mar 2026 – Present

28.Nippon India Medium Duration Fund25 May 2018 – Present

29.Nippon India Japan Equity Fund25 May 2018 – Present

30.Nippon India Retirement Fund - Wealth Creation Scheme25 May 2018 – Present

31.Nippon India Retirement Fund - Income Generation Scheme25 May 2018 – Present

32.Nippon India Banking and PSU Fund25 May 2018 – Present

33.Nippon India Equity Savings Fund25 May 2018 – Present

34.Nippon India US Equity Opportunities Fund25 May 2018 – Present

35.Nippon India Nivesh Lakshya Long Duration Fund18 Jun 2018 – Present

36.Nippon India Equity Savings Fund - Segregated Portfolio 125 Sep 2019 – Present

37.Nippon India Medium Duration Fund - Segregated Portfolio 117 Feb 2020 – Present

38.Nippon India Equity Savings Fund - Segregated Portfolio 26 Mar 2020 – Present

39.Nippon India Medium Duration Fund - Segregated Portfolio 26 Mar 2020 – Present

40.Nippon India Multi Asset Allocation Fund7 Aug 2020 – Present

41.Nippon India Flexi Cap Fund26 Jul 2021 – Present

42.Nippon India Taiwan Equity Fund22 Nov 2021 – Present

43.Nippon India Innovation Fund9 Aug 2023 – Present

44.Nippon India Active Momentum Fund10 Feb 2025 – Present

45.Nippon India MNC Fund2 Jul 2025 – Present

Sushil Budhia

Since: 31 Mar 2021

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Education

Mr. Budhia has done CA

Past Experience

Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.

Funds managed (18)

1.Nippon India Conservative Hybrid Fund1 Feb 2020 – Present

2.Nippon India Aggressive Hybrid Fund1 Feb 2020 – Present

3.Nippon India Credit Risk Fund1 Feb 2020 – Present

4.Nippon India Short Duration Fund31 Mar 2021 – Present

5.Nippon India Balanced Advantage Fund31 Mar 2021 – Present

6.Nippon India Medium Duration Fund1 Feb 2020 – Present

7.Nippon India Equity Savings Fund1 Feb 2020 – Present

8.Nippon India Equity Savings Fund - Segregated Portfolio 11 Feb 2020 – Present

9.Nippon India Credit Risk Fund - Segregated Portfolio 117 Feb 2020 – Present

10.Nippon India Conservative Hybrid Fund - Segregated Portfolio 117 Feb 2020 – Present

11.Nippon India Medium Duration Fund - Segregated Portfolio 117 Feb 2020 – Present

12.Nippon India Credit Risk Fund - Segregated Portfolio 26 Mar 2020 – Present

13.Nippon India Equity Savings Fund - Segregated Portfolio 26 Mar 2020 – Present

14.Nippon India Conservative Hybrid Fund - Segregated Portfolio 26 Mar 2020 – Present

15.Nippon India Medium Duration Fund - Segregated Portfolio 26 Mar 2020 – Present

16.Nippon India Multi Asset Allocation Fund31 Mar 2021 – Present

17.Nippon India Multi - Asset Omni FoF31 Mar 2021 – Present

18.Nippon India Income Plus Arbitrage Active FoF2 Jun 2025 – Present

Bhavik Dave

Since: 1 Jan 2026

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Education

Mr. Dave is a BBA and PGDM

Past Experience

Prior joining to Nippon India Mutual Fund he has worked with Motilal Oswal Securities Limited - Research Associate (Institutional Equities), Crisil Global Analytics Centre - Credit Analyst – US Oil & Gas Sector, Grantham Mayo, Van Otterloo & Co. - Research Associate Internship.

Funds managed (3)

1.Nippon India Banking & Financial Services Fund18 Jun 2021 – Present

2.Nippon India Large Cap Fund19 Aug 2024 – Present

3.Nippon India Balanced Advantage Fund1 Jan 2026 – Present

Amber Singhania

Since: 11 Mar 2026

View details

Education

MMS Finance (Mumbai University)

Past Experience

Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.

Funds managed (43)

1.Nippon India Banking & Financial Services Fund11 Mar 2026 – Present

2.Nippon India Power & Infra Fund11 Mar 2026 – Present

3.Nippon India Dynamic Bond Fund11 Mar 2026 – Present

4.Nippon India Multi Cap Fund11 Mar 2026 – Present

5.Nippon India Floater Fund11 Mar 2026 – Present

6.Nippon India Gilt Fund11 Mar 2026 – Present

7.Nippon India Growth Mid Cap Fund11 Mar 2026 – Present

8.Nippon India Ultra Short Duration Fund11 Mar 2026 – Present

9.Nippon India Liquid Fund11 Mar 2026 – Present

10.Nippon India Money Market Fund11 Mar 2026 – Present

11.Nippon India Focused Fund11 Mar 2026 – Present

12.Nippon India Consumption Fund11 Mar 2026 – Present

13.Nippon India Corporate Bond Fund11 Mar 2026 – Present

14.Nippon India Conservative Hybrid Fund11 Mar 2026 – Present

15.Nippon India Pharma Fund11 Mar 2026 – Present

16.Nippon India Quant Fund11 Mar 2026 – Present

17.Nippon India Aggressive Hybrid Fund11 Mar 2026 – Present

18.Nippon India Credit Risk Fund11 Mar 2026 – Present

19.Nippon India Value Fund11 Mar 2026 – Present

20.Nippon India Short Duration Fund11 Mar 2026 – Present

21.Nippon India Small Cap Fund11 Mar 2026 – Present

22.Nippon India ELSS Tax Saver Fund11 Mar 2026 – Present

23.Nippon India Large Cap Fund11 Mar 2026 – Present

24.Nippon India Vision Large & Mid Cap Fund11 Mar 2026 – Present

25.Nippon India Medium to Long Duration Fund11 Mar 2026 – Present

26.Nippon India Low Duration Fund11 Mar 2026 – Present

27.Nippon India Arbitrage Fund11 Mar 2026 – Present

28.Nippon India Balanced Advantage Fund11 Mar 2026 – Present

29.Nippon India Quarterly Interval Series II Direct11 Mar 2026 – Present

30.Nippon India Medium Duration Fund11 Mar 2026 – Present

31.Nippon India Japan Equity Fund11 Mar 2026 – Present

32.Nippon India Retirement Fund - Wealth Creation Scheme11 Mar 2026 – Present

33.Nippon India Retirement Fund - Income Generation Scheme11 Mar 2026 – Present

34.Nippon India Banking and PSU Fund11 Mar 2026 – Present

35.Nippon India Equity Savings Fund11 Mar 2026 – Present

36.Nippon India US Equity Opportunities Fund11 Mar 2026 – Present

37.Nippon India Nivesh Lakshya Long Duration Fund11 Mar 2026 – Present

38.Nippon India Multi Asset Allocation Fund11 Mar 2026 – Present

39.Nippon India Flexi Cap Fund11 Mar 2026 – Present

40.Nippon India Taiwan Equity Fund11 Mar 2026 – Present

41.Nippon India Innovation Fund11 Mar 2026 – Present

42.Nippon India Active Momentum Fund11 Mar 2026 – Present

43.Nippon India MNC Fund11 Mar 2026 – Present

Key Scheme Details

Inception

31 Dec 2012

Expense Ratio

0.85%

AUM

₹9,796.34 Cr

Lock in

No lock in

Taxation

Equity

Min. Investment

₹100

Min. Addl Investment

Min. SIP Investment

₹100

Exit load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.

AMC Overview

Nippon India Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:

May 31, 2026

Total AUM: ₹ 7,48,581 Cr

Equity

₹ 4,66,389 Cr

Debt

₹ 1,45,276 Cr

Commodities

₹ 89,692 Cr

Hybrid

₹ 47,225 Cr

	May 31, 2021	Dec 31, 2021	Jan 31, 2022	Feb 28, 2022	Mar 31, 2022	Apr 30, 2022	May 31, 2022	Aug 31, 2022	Sep 30, 2022	Oct 31, 2022	Nov 30, 2022	Dec 31, 2022	Jan 31, 2023	Feb 28, 2023	Mar 31, 2023	Apr 30, 2023	May 31, 2023	Jun 30, 2023	Jul 31, 2023	Aug 31, 2023	Sep 30, 2023	Oct 31, 2023	Nov 30, 2023	Dec 31, 2023	Jan 31, 2024	Feb 29, 2024	Mar 31, 2024	Apr 30, 2024	May 31, 2024	Jun 30, 2024	Jul 31, 2024	Aug 31, 2024	Sep 30, 2024	Oct 31, 2024	Nov 30, 2024	Dec 31, 2024	Jan 31, 2025	Feb 28, 2025	Mar 31, 2025	Apr 30, 2025	May 31, 2025	Jun 30, 2025	Jul 31, 2025	Aug 31, 2025	Sep 30, 2025	Oct 31, 2025	Nov 30, 2025	Dec 31, 2025	Jan 31, 2026	Feb 28, 2026	Mar 31, 2026	Apr 30, 2026	May 31, 2026
equity	1,12,753 Cr	1,34,321 Cr	1,37,527 Cr	1,32,654 Cr	1,39,721 Cr	1,40,783 Cr	1,36,328 Cr	1,51,171 Cr	1,49,161 Cr	1,55,893 Cr	1,59,325 Cr	1,55,086 Cr	1,54,075 Cr	1,53,558 Cr	1,55,360 Cr	1,62,785 Cr	1,70,440 Cr	1,80,095 Cr	1,91,192 Cr	1,97,990 Cr	2,07,780 Cr	2,07,120 Cr	2,25,967 Cr	2,46,921 Cr	2,59,448 Cr	2,69,399 Cr	2,76,608 Cr	2,96,402 Cr	3,07,896 Cr	3,34,088 Cr	3,56,307 Cr	3,63,797 Cr	3,73,859 Cr	3,62,901 Cr	3,69,691 Cr	3,69,300 Cr	3,59,439 Cr	3,35,579 Cr	3,69,359 Cr	3,85,310 Cr	4,04,923 Cr	4,20,956 Cr	4,15,405 Cr	4,13,372 Cr	4,22,796 Cr	4,39,781 Cr	4,45,333 Cr	4,46,346 Cr	4,37,334 Cr	4,46,774 Cr	4,09,670 Cr	4,61,854 Cr	4,66,389 Cr
hybrid	21,776 Cr	22,899 Cr	23,150 Cr	22,726 Cr	21,820 Cr	22,318 Cr	22,378 Cr	21,207 Cr	20,880 Cr	20,999 Cr	20,284 Cr	20,849 Cr	20,959 Cr	20,869 Cr	19,780 Cr	20,356 Cr	21,055 Cr	21,625 Cr	22,502 Cr	23,056 Cr	24,051 Cr	24,333 Cr	25,613 Cr	26,504 Cr	27,917 Cr	28,998 Cr	29,346 Cr	30,782 Cr	31,508 Cr	32,187 Cr	33,474 Cr	34,253 Cr	34,215 Cr	34,009 Cr	34,538 Cr	33,965 Cr	33,890 Cr	33,035 Cr	33,238 Cr	34,294 Cr	35,342 Cr	36,498 Cr	37,140 Cr	37,497 Cr	38,599 Cr	40,276 Cr	41,760 Cr	42,882 Cr	44,541 Cr	45,727 Cr	43,579 Cr	46,594 Cr	47,225 Cr
debt	1,00,495 Cr	1,14,353 Cr	1,17,462 Cr	1,17,500 Cr	1,09,504 Cr	1,14,539 Cr	1,11,559 Cr	1,08,778 Cr	1,01,166 Cr	1,05,199 Cr	1,07,925 Cr	1,02,896 Cr	1,06,228 Cr	1,04,325 Cr	1,02,268 Cr	1,10,590 Cr	1,14,996 Cr	1,15,079 Cr	1,25,439 Cr	1,22,171 Cr	1,14,293 Cr	1,18,104 Cr	1,19,939 Cr	1,13,551 Cr	1,25,584 Cr	1,31,664 Cr	1,18,170 Cr	1,30,365 Cr	1,36,863 Cr	1,32,569 Cr	1,42,299 Cr	1,43,396 Cr	1,35,191 Cr	1,45,737 Cr	1,47,811 Cr	1,37,227 Cr	1,40,009 Cr	1,43,068 Cr	1,31,707 Cr	1,49,840 Cr	1,53,584 Cr	1,57,114 Cr	1,61,919 Cr	1,60,287 Cr	1,53,254 Cr	1,64,221 Cr	1,67,835 Cr	1,53,349 Cr	1,49,339 Cr	1,55,741 Cr	1,34,780 Cr	1,54,596 Cr	1,45,276 Cr
commodities	6,081 Cr	6,343 Cr	6,217 Cr	6,848 Cr	7,089 Cr	7,134 Cr	7,094 Cr	6,944 Cr	7,052 Cr	7,051 Cr	7,374 Cr	7,767 Cr	8,013 Cr	7,821 Cr	8,414 Cr	8,558 Cr	8,637 Cr	8,369 Cr	8,625 Cr	8,807 Cr	8,682 Cr	9,734 Cr	9,903 Cr	9,898 Cr	10,164 Cr	10,447 Cr	11,434 Cr	12,810 Cr	13,764 Cr	14,315 Cr	14,802 Cr	16,774 Cr	18,202 Cr	20,324 Cr	20,400 Cr	20,503 Cr	22,822 Cr	24,483 Cr	25,915 Cr	27,060 Cr	27,471 Cr	29,658 Cr	31,454 Cr	34,684 Cr	44,607 Cr	50,131 Cr	54,854 Cr	68,845 Cr	1,03,499 Cr	93,532 Cr	84,803 Cr	86,666 Cr	89,692 Cr
Total	2,41,104 Cr	2,77,915 Cr	2,84,356 Cr	2,79,728 Cr	2,78,134 Cr	2,84,775 Cr	2,77,359 Cr	2,88,100 Cr	2,78,259 Cr	2,89,142 Cr	2,94,908 Cr	2,86,598 Cr	2,89,275 Cr	2,86,573 Cr	2,85,822 Cr	3,02,289 Cr	3,15,129 Cr	3,25,167 Cr	3,47,758 Cr	3,52,024 Cr	3,54,807 Cr	3,59,291 Cr	3,81,422 Cr	3,96,875 Cr	4,23,112 Cr	4,40,507 Cr	4,35,559 Cr	4,70,360 Cr	4,90,031 Cr	5,13,160 Cr	5,46,882 Cr	5,58,221 Cr	5,61,467 Cr	5,62,971 Cr	5,72,440 Cr	5,60,996 Cr	5,56,161 Cr	5,36,166 Cr	5,60,219 Cr	5,96,505 Cr	6,21,320 Cr	6,44,226 Cr	6,45,918 Cr	6,45,840 Cr	6,59,256 Cr	6,94,410 Cr	7,09,782 Cr	7,11,423 Cr	7,34,712 Cr	7,41,774 Cr	6,72,832 Cr	7,49,710 Cr	7,48,581 Cr

AMC Details

AMC

Nippon India Mutual Fund

CEO

Sundeep Sikka(Chief Executive Officer)

CIO

Sailesh Raj Bhan(Chief Investment Officer-Equity), Amit Tripathi(Chief Investment Officer-Debt)

IRO

Milind Nesarikar

Trustee

Nippon Life India Trustee Limited

Phone

+91 022 6808 7000

Website

https://mf.nipponindiaim.com/

Address

30th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Mumbai, Mumbai

Frequently Asked Questions

What is the current NAV of Nippon India Balanced Advantage Fund Direct-Growth?

The current NAV (Net Asset Value) of Nippon India Balanced Advantage Fund Direct-Growth is ₹ 210.4100 as of 1783641. NAV is declared at the end of each business day after market close and reflects the per-unit value of the fund after deducting expenses.

What is the AUM of Nippon India Balanced Advantage Fund Direct-Growth?

The Assets Under Management (AUM) of Nippon India Balanced Advantage Fund Direct-Growth is ₹ 9.80 k Cr in the Hybrid: Dynamic Asset Allocation category. A larger AUM generally reflects higher investor confidence. For mid and small cap funds, very large AUM can sometimes limit agility in portfolio positioning.

What is the expense ratio of Nippon India Balanced Advantage Fund Direct-Growth?

The expense ratio of Nippon India Balanced Advantage Fund Direct-Growth is 0.85%. This annual fee is deducted daily from the NAV — over Nippon India Balanced Advantage Fund Direct-Growth's history, the fund has delivered a since-inception CAGR of 11.98% after expenses. Direct plans always carry a lower expense ratio than Regular plans — the difference in expense ratio directly adds to your NAV growth over time.

Who is the fund manager of Nippon India Balanced Advantage Fund Direct-Growth?

The fund manager details for Nippon India Balanced Advantage Fund Direct-Growth are available in the Scheme Overview section. The fund is managed by Nippon India Mutual Fund. Fund manager experience and tenure are important qualitative factors when evaluating a mutual fund.

What is the benchmark of Nippon India Balanced Advantage Fund Direct-Growth?

The benchmark index for Nippon India Balanced Advantage Fund Direct-Growth is CRISIL Hybrid 50+50 Moderate Index. All performance evaluation of Nippon India Balanced Advantage Fund Direct-Growth is measured relative to CRISIL Hybrid 50+50 Moderate Index. The fund manager's goal is to generate alpha (returns above the benchmark) while managing downside risk.

When was Nippon India Balanced Advantage Fund Direct-Growth launched?

The launch (inception) date of Nippon India Balanced Advantage Fund Direct-Growth is available in the Scheme Overview section. A longer track record spanning multiple bull and bear market cycles is an important criterion when evaluating a mutual fund.

What is the minimum investment in Nippon India Balanced Advantage Fund Direct-Growth?

The minimum SIP and lumpsum investment details for Nippon India Balanced Advantage Fund Direct-Growth are available in the Scheme Overview section. SIPs let you invest a fixed amount regularly, averaging your purchase cost over time and reducing market timing risk.

What is the exit load on Nippon India Balanced Advantage Fund Direct-Growth?

The exit load on Nippon India Balanced Advantage Fund Direct-Growth is 1.00%. Exit load is charged on redemption to discourage early withdrawal. Always factor in the exit load when comparing the net redemption value.

What category does Nippon India Balanced Advantage Fund Direct-Growth belong to?

Nippon India Balanced Advantage Fund Direct-Growth belongs to the Hybrid: Dynamic Asset Allocation category of mutual funds. SEBI has classified mutual funds into well-defined categories to help investors choose based on risk appetite and investment horizon. The maximum historical drawdown of Nippon India Balanced Advantage Fund Direct-Growth has been -0.23%, reflecting its worst peak-to-trough decline.

Is Nippon India Balanced Advantage Fund Direct-Growth a direct or regular plan?

Nippon India Balanced Advantage Fund Direct-Growth is available in both Direct and Regular plan variants. Direct plans always offer a lower expense ratio — the savings from no distributor commission compound meaningfully over a long investment horizon.

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