Funds similar to NJ Balanced Advantage Fund Direct-Growth in the Hybrid: Dynamic Asset Allocation category include HDFC Balanced Advantage Fund Direct-Growth, ICICI Prudential Balanced Advantage Direct-Growth, and SBI Balanced Advantage Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

What is the rank of NJ Balanced Advantage Fund Direct-Growth in its category?

On a 3-year return basis NJ Balanced Advantage Fund Direct-Growth is ranked 22 out of 30 funds in the Hybrid: Dynamic Asset Allocation category as of 16 Jul 2026. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

How does NJ Balanced Advantage Fund Direct-Growth's expense ratio compare to similar funds?

NJ Balanced Advantage Fund Direct-Growth has an expense ratio of 1.12%. The peers HDFC Balanced Advantage Fund Direct-Growth has an expense ratio of 0.77% and ICICI Prudential Balanced Advantage Direct-Growth has 1.06%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

How does NJ Balanced Advantage Fund Direct-Growth's AUM compare to similar funds?

NJ Balanced Advantage Fund Direct-Growth has an AUM of ₹3,393.51 crore. The peers HDFC Balanced Advantage Fund Direct-Growth has an AUM of ₹1,06,456 crore and ICICI Prudential Balanced Advantage Direct-Growth has ₹72,486.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Which fund has the best 3-year returns in the Hybrid: Dynamic Asset Allocation?

The top performing fund in the Hybrid: Dynamic Asset Allocation category on a 3-year basis is Quant Dynamic Asset Allocation Fund Direct-Growth with a CAGR of 16.11% as of 16 Jul 2026. NJ Balanced Advantage Fund Direct-Growth has delivered 9.99% CAGR over the same period, ranking 22 out of 30 funds. You can view and compare the full category ranking on sharpely.

How does NJ Balanced Advantage Fund Direct-Growth rank in risk-adjusted returns vs peers?

On a risk-adjusted basis, NJ Balanced Advantage Fund Direct-Growth has a Sharpe ratio of 0.43 compared to the Hybrid: Dynamic Asset Allocation average of 0.57 as of 16 Jul 2026. It ranks 26 out of 33 funds in its category on Sharpe ratio.