Nippon India Balanced Advantage Fund - Investment Information
- Hybrid
- Dynamic Asset Allocation
- Very High
-
₹171.61
(0.42%)
Current NAV 03-12-2024
-
19.54%
Returns
-
Min. SIP ₹100
Min. Investment ₹100
Investment Objective
The scheme aims to generate optimal returns by investing in equity & equity related instruments of Indian companies primarily drawn from BSE 200.
Basic Details
Key Information About Investing Details.
- CategoryDynamic Asset Allocation
- KRAKARVY
- Inv. PlanGrowth
- Launched In15-Nov-04
- BenchmarkCRISIL Hybrid 50+50 Moderate Index
- Fund TypeOpen Ended
- Fund HouseNippon India Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size8282.03 Cr.
- Min. Investment₹ 100
- Min. Sip Inv.₹ 100
- Min. Addl Inv.₹ 100
- Expense Ratio1.76%
- Turn over334%
- Exit LoadExit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Fund Managers
Details of Managers and their Experience
Fund Manage : 12
Total AUM. : ₹121,448 Cr.
Fund Manage : 11
Total AUM. : ₹29,447 Cr.
Fund Manage : 4
Total AUM. : ₹19,671 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCNippon India Mutual Fund
- Emailcustomercare@nipponindiaim.in
- Office No022-6808 7000
- Websitehttps://mf.nipponindiaim.com
- Address Registered Office: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400 013
Frequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.