GMP IPO Watch
Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
Nippon India Balanced Advantage Fund
Direct Plan · Growth Option · Nippon India Mutual Fund
Risk: Very High Risk
★★★★★
Morningstar
52W Low ₹192.41 30 Mar 2026
52W High ₹213.57 3 Aug 2026
₹207.8399
NAV as of 4 Nov 2026
+0.68% day change
Other Plans of This Fund
ISININF204K01G94
Scheme Code118736
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹1,192.36 Cr
Expense Ratio (as of 29 Oct 2026)0.89%
Min. Investment₹5,000
Inception Date16 Oct 2004
BenchmarkCRISIL Hybrid 50+50 - Moderate Index · NA
Portfolio Turnover279.92%
NFO Period16-Oct-2004 – 11-Nov-2004
Returns
1Y
+0.97%
3Y
+10.66%
5Y
+9.41%
7Y
+11.39%
10Y
+11.11%
Since Inception
+11.59%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +2.83% | +3.13% | 28 of 37 |
| 1M | +2.17% | +2.43% | 26 of 36 |
| 3M | -2.31% | -2.01% | 25 of 36 |
| 6M | +1.82% | +1.12% | 19 of 36 |
| YTD | +0.39% | -2.04% | 14 of 37 |
| 1Y | +0.97% | -1.75% | 15 of 35 |
| 2Y | +4.69% | +0.87% | 10 of 34 |
| 3Y | +10.66% | +6.80% | 10 of 29 |
| 5Y | +9.41% | +5.92% | 7 of 20 |
| 7Y | +11.39% | +8.11% | 6 of 16 |
| 10Y | +11.11% | +6.35% | 4 of 10 |
| INCEPTION | +11.59% | — | — |
Ranked among: Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.15% | +23.34% | -19.94% | 72% | 29% |
| 6M | +6.33% | +35.52% | -20.49% | 79% | 32% |
| 1Y | +13.53% | +58.68% | -19.67% | 91% | 39% |
| 2Y | +12.75% | +34.79% | -3.03% | 98% | 43% |
| 3Y | +12.32% | +21.78% | +0.49% | 100% | 44% |
| 5Y | +12.03% | +18.89% | +3.05% | 100% | 44% |
| 7Y | +11.75% | +14.91% | +8.47% | 100% | 44% |
| 10Y | +12.21% | +14.55% | +9.68% | 100% | 45% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity76.97%
- Debt18.63%
- Cash4.40%
- Other0.00%
Market Cap Split
- Large Cap52.55%
- Mid Cap12.10%
- Small Cap12.32%
- Others23.03%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 23.64 | 23.35 |
| P/B | 2.97 | 3.19 |
| Price / Sales | 3.21 | 3.06 |
| Price / Cash Flow | 15.04 | 16.87 |
| Dividend Yield (%) | 1.64 | 1.49 |
Holdings143
Top 5 Stocks19.48%
Top 10 Stocks30.26%
Top 3 Sectors28.66%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| HDFC Bank | Banks | 6.33% | +0.64% |
| ICICI Bank | Banks | 5.56% | -0.44% |
| Axis Bank | Banks | 2.58% | -0.05% |
| State Bank of India | Banks | 2.52% | -0.16% |
| Reliance Industries | Petroleum Products | 2.49% | -0.09% |
| Triparty Repo | Reverse Repo / TREPS | 2.34% | — |
| Bharti Airtel | Telecom - Services | 2.32% | +0.02% |
| Infosys | IT - Software | 2.30% | -0.22% |
| Kotak Bank | Banks | 2.27% | +0.23% |
| Mahindra & Mahindra | Automobiles | 2.03% | -0.14% |
| Eternal | Retailing | 1.86% | +0.03% |
| Larsen & Toubro | Construction | 1.81% | -0.07% |
| NTPC | Power | 1.60% | +0.04% |
| Bajaj Finance | Finance | 1.56% | -0.09% |
| Cube Highways Trust | Transport Infrastructure | 1.56% | +0.04% |
View all 147 holdings
| 7.48% National Bank For Agriculture and Rural Development | Debt | 1.56% | +0.05% |
| Muthoot Finance Limited** | Debt | 1.31% | +0.06% |
| Samvardhana Motherson International | Auto Components | 1.24% | +0.00% |
| Mindspace Business Parks REIT | Realty | 1.15% | -0.14% |
| Cash Margin - Derivatives | Net Current Assets | 1.05% | — |
| Nykaa | Retailing | 1.02% | -0.05% |
| Hindustan Unilever | Diversified FMCG | 1.01% | +0.23% |
| Net Current Assets | Net Current Assets | 1.00% | — |
| ITC | Diversified FMCG | 0.99% | +0.07% |
| Interglobe Aviation | Transport Services | 0.99% | -0.01% |
| Pine Labs | Financial Technology (Fintech) | 0.98% | +0.16% |
| CG Power & Industrial Solutions | Electrical Equipment | 0.94% | -0.03% |
| TVS Motors | Automobiles | 0.90% | -0.02% |
| Cholamandalam Investment | Finance | 0.89% | -0.09% |
| Sai Life Sciences | Pharmaceuticals & Biotechnology | 0.89% | +0.07% |
| Pidilite Industries | Chemicals & Petrochemicals | 0.88% | +0.02% |
| Star Health Insurance | Insurance | 0.85% | -0.02% |
| Godrej Consumer Products | Personal Products | 0.85% | -0.01% |
| IPCA Laboratories | Pharmaceuticals & Biotechnology | 0.85% | +0.01% |
| Hindustan Aeronautics | Aerospace & Defense | 0.84% | +0.01% |
| Piramal Finance | Finance | 0.80% | +0.09% |
| 8.15% Tata Capital Limited** | Debt | 0.79% | +0.03% |
| 5% GMR Airports Limited** | Debt | 0.78% | — |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.77% | -0.04% |
| 7.79% Bajaj Finance Limited** | Debt | 0.76% | +0.02% |
| 8.08% Suryapet Khammam Road Ltd** | Debt | 0.72% | +0.03% |
| Maruti Suzuki | Automobiles | 0.71% | -0.06% |
| SBI Life Insurance | Insurance | 0.71% | +0.01% |
| Tata Power | Power | 0.71% | +0.05% |
| Jubilant FoodWorks | Leisure Services | 0.69% | +0.06% |
| 9.5% Vedanta Aluminium Metal Limited** | Debt | 0.69% | +0.03% |
| Varun Beverages | Beverages | 0.68% | +0.16% |
| SDL AP 7.67% 2031 | Debt | 0.66% | +0.02% |
| LG Electronics | Consumer Durables | 0.65% | +0.04% |
| Bharat Heavy Electricals | Electrical Equipment | 0.65% | -0.02% |
| AU Small Finance Bank | Banks | 0.63% | -0.03% |
| Tech Mahindra | IT - Software | 0.63% | -0.14% |
| Swiggy | Retailing | 0.63% | -0.05% |
| NTPC Green Energy | Power | 0.62% | +0.06% |
| 7.28% REC Limited** | Debt | 0.62% | +0.02% |
| AWL Agri Business | Agricultural Food & other Products | 0.61% | -0.02% |
| Devyani International | Leisure Services | 0.61% | -0.01% |
| GE Vernova T&D | Electrical Equipment | 0.60% | -0.01% |
| 7.29% Small Industries Dev Bank of India** | Debt | 0.60% | +0.02% |
| Vedanta Aluminium Metal | Non - Ferrous Metals | 0.58% | -0.01% |
| United Breweries | Beverages | 0.55% | -0.06% |
| Avenue Supermarts DMart | Retailing | 0.55% | +0.10% |
| Nexus Select Trust REIT | Realty | 0.55% | +0.02% |
| PNB Housing Finance | Finance | 0.53% | +0.41% |
| Gillette | Personal Products | 0.53% | -0.01% |
| Brookfield India Real Estate Trust | Realty | 0.53% | +0.01% |
| GOI LOAN 7.17% 2030 | Debt | 0.53% | +0.02% |
| Trent | Retailing | 0.52% | +0.07% |
| 8.15% JIO Credit Limited** | Debt | 0.52% | +0.02% |
| 9.5% DMI Finance Private Limited** | Debt | 0.52% | — |
| Mphasis | IT - Software | 0.51% | -0.04% |
| 7.87% Bajaj Housing Finance Limited** | Debt | 0.51% | +0.01% |
| 7.55% L&T Metro Rail (Hyderabad) Limited** | Debt | 0.51% | +0.02% |
| Mankind Pharma | Pharmaceuticals & Biotechnology | 0.50% | +0.16% |
| PB FinTech | Financial Technology (Fintech) | 0.47% | -0.32% |
| Raajmarg Infra Investment Trust | Transport Infrastructure | 0.46% | +0.01% |
| Balkrishna Industries | Auto Components | 0.45% | +0.22% |
| United Spirits | Beverages | 0.45% | -0.02% |
| 3M India | Diversified | 0.44% | +0.00% |
| Page Industries | Textiles & Apparels | 0.44% | +0.02% |
| IndiGrid Infrastructure Trust | Power | 0.44% | +0.01% |
| ABB | Electrical Equipment | 0.43% | -0.04% |
| 8.45% Adani Airport Holdings Limited** | Debt | 0.42% | +0.02% |
| Kirloskar Oil Engines | Industrial Products | 0.39% | +0.04% |
| Prestige Estates Projects | Realty | 0.39% | -0.19% |
| Brigade Enterprises | Realty | 0.39% | -0.03% |
| LTM | IT - Software | 0.38% | -0.03% |
| Coforge | IT - Software | 0.37% | -0.33% |
| 718GS2033 | Debt | 0.37% | +0.01% |
| National Highways Infra Trust** | Debt | 0.37% | +0.01% |
| Dr Reddys Laboratories | Pharmaceuticals & Biotechnology | 0.35% | +0.04% |
| Knowledge Realty Trust | Realty | 0.34% | +0.02% |
| JSW Energy | Power | 0.31% | +0.10% |
| 8.75% Vastu Finserve India Private Limited** | Debt | 0.31% | +0.02% |
| Global Health | Equity | 0.30% | +0.10% |
| Kaynes Technology India | Industrial Manufacturing | 0.30% | +0.00% |
| 9% Aptus Finance India Private Limited** | Debt | 0.30% | -0.02% |
| 741GOI36 | Debt | 0.27% | +0.01% |
| Hero Fincorp Limited** | Debt | 0.26% | — |
| Muthoot Finance Limited** | Debt | 0.26% | +0.01% |
| Mahindra & Mahindra Financial Services Limited** | Debt | 0.26% | +0.01% |
| Tata Capital Limited** | Debt | 0.26% | +0.01% |
| 71GOI2034 | Debt | 0.26% | +0.00% |
| 8.75% Vedanta Limited** | Debt | 0.26% | — |
| 9.25% Vastu Finserve India Private Limited** | Debt | 0.26% | +0.01% |
| 8.9% Veritas Finance Private Limited** | Debt | 0.26% | +0.01% |
| 7.75% Bharti Telecom Limited** | Debt | 0.26% | +0.01% |
| 9.1% SK Finance Limited** | Debt | 0.26% | — |
| 709GOI54 | Debt | 0.25% | +0.01% |
| HDFC AMC | Capital Markets | 0.24% | -0.02% |
| Lupin | Pharmaceuticals & Biotechnology | 0.24% | -0.01% |
| 690GOI65 | Debt | 0.24% | — |
| Tata Steel | Ferrous Metals | 0.23% | +0.01% |
| LIC Housing Finance | Finance | 0.23% | -0.20% |
| Bagmane Prime Office REIT | Realty | 0.23% | +0.01% |
| 8.28% Suryapet Khammam Road Ltd** | Debt | 0.22% | +0.01% |
| 8.65% Torrent Power Limited** | Debt | 0.21% | +0.00% |
| 10.4% Muthoot Fincorp Ltd** | Debt | 0.21% | +0.01% |
| Finolex Cables | Industrial Products | 0.20% | — |
| SMRTST-9.11%-14-8-28-PTC | Debt | 0.20% | -0.04% |
| 9.5% Incred Financial Services Limited** | Debt | 0.16% | +0.01% |
| 9.4% Vedanta Aluminium Metal Limited | Debt | 0.16% | +0.01% |
| 9.95% IndoStar Capital Finance Limited** | Debt | 0.16% | +0.01% |
| Blue Star | Consumer Durables | 0.15% | +0.01% |
| 9.45% Vedanta Limited** | Debt | 0.15% | +0.01% |
| GOI LOAN 7.29% 2033 | Debt | 0.14% | +0.00% |
| National Highways Infra Trust** | Debt | 0.14% | +0.01% |
| PNC Infratech | Construction | 0.13% | -0.02% |
| L&T Finance | Finance | 0.11% | -0.02% |
| 718GS2037 | Debt | 0.11% | +0.00% |
| 7.47% India Infrastructure Fin Co Ltd** | Debt | 0.10% | +0.00% |
| 8.95% Vastu Finserve India Private Limited** | Debt | 0.10% | +0.00% |
| SDL TN 7.03% 2030 | Debt | 0.05% | +0.00% |
| 8.5% Nirma Limited** | Debt | 0.05% | +0.00% |
| 7.62% National Bank For Agriculture and Rural Development** | Debt | 0.05% | +0.00% |
| 8.55% Aditya Birla Real Estate Limited** | Debt | 0.05% | +0.00% |
| 8.95% Vedanta Limited** | Debt | 0.05% | +0.00% |
| SDL MH 7.91% 2039 | Debt | 0.04% | +0.00% |
| PFCL-7.85%-3-4-28-PVT | Debt | 0.04% | +0.00% |
| 7.89% Bajaj Housing Finance Limited** | Debt | 0.02% | +0.00% |
| 6.17% Government of India | Debt | 0.01% | +0.00% |
| Cash Margin - CCIL | Net Current Assets | 0.01% | — |
| National Highways Infra Trust | Transport Infrastructure | 0.00% | -0.90% |
| 830GOI2042 | Debt | 0.00% | — |
| SDL RJ 7.84% 2041 | Debt | 0.00% | — |
| 704TAMSDL30 | Debt | 0.00% | — |
| 8.3% Mahindra & Mahindra Financial Services Limited** | Debt | 0.00% | — |
Sector Allocation · Sep 2026
View all 33 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 8.88 | 9.20 | Low Volatility |
| 3Y | 8.10 | 8.98 | Low Volatility |
| 5Y | 7.53 | 8.47 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.60 | -0.81 | Above Average |
| 3Y | 0.52 | 0.10 | Above Average |
| 5Y | 0.44 | 0.02 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.22 | 0.42 | Below Average |
| 3Y | 1.87 | 1.14 | Above Average |
| 5Y | 1.77 | 1.08 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.08 | 1.06 | Poor Risk Adjusted Returns |
| 3Y | 1.05 | 1.09 | Good Risk Adjusted Returns |
| 5Y | 0.98 | 1.02 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
UNIFI DYNAMIC ASSET ALLOCATION FUND
Direct Plan · GROWTH
|
+8.57% | — | — | +8.47% |
|
Mirae Asset Balanced Advantage Fund
Direct Plan · Growth
|
+3.10% | +10.79% | — | +10.95% |
|
ICICI Prudential Balanced Advantage Fund
Regular Plan · Growth
|
+2.77% | +10.67% | +9.66% | +10.93% |
|
Edelweiss Balanced Advantage Fund
Regular Plan · Growth
|
+2.47% | +9.96% | +8.03% | +10.20% |
|
WhiteOak Capital Balanced Advantage Fund
Direct Plan · Growth Option
|
+1.98% | +11.98% | — | +12.76% |
|
Parag Parikh Dynamic Asset Allocation Fund
Regular Plan · Growth
|
+1.94% | — | — | +5.99% |
|
Bajaj Finserv Balanced Advantage Fund
Direct Plan · Growth
|
+1.44% | — | — | +7.01% |
|
Helios Balanced Advantage Fund
Direct Plan · Growth
|
+1.43% | — | — | +7.10% |
|
Baroda BNP Paribas Balanced Advantage Fund
Regular Plan · Growth Option
|
+1.35% | +11.08% | +9.26% | +12.42% |
|
Axis Balanced Advantage Fund
Direct Plan · Growth Option
|
+1.17% | +12.19% | +9.53% | +9.98% |
More From Nippon Life India Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Direct Plan · Growth Option
|
+61.78% | +49.40% | — | +24.96% |
|
Nippon India Silver ETF
Direct Plan
|
+26.05% | +36.23% | — | +25.08% |
|
Nippon India Silver ETF FOF
Direct Plan · IDCW Option
|
+24.99% | +35.38% | — | +24.09% |
|
Nippon India Nifty Pharma ETF
Direct Plan
|
+22.83% | +22.93% | +15.06% | +13.35% |
|
Nippon India Japan Equity Fund
Direct Plan · IDCW Option
|
+20.27% | +21.27% | +9.63% | +9.56% |
|
Nippon India ETF Gold BeES
Direct Plan
|
+16.58% | +30.82% | +23.10% | +15.30% |
|
Nippon India Gold Savings Fund
Direct Plan · Growth Option
|
+16.51% | +30.76% | +22.97% | +10.34% |
|
Nippon India US Equity Opportunities Fund
Direct Plan · IDCW Option
|
+11.90% | +18.73% | +10.93% | +14.93% |
|
Nippon India Pharma Fund
Direct Plan · Growth Option
|
+10.54% | +18.85% | +14.53% | +17.34% |
|
Nippon India Fixed Maturity Plan - XLV - Series 5
Direct Plan · Growth Option
|
+7.36% | +8.43% | — | +8.54% |
About This Scheme
Investment Objective
The investment objective of the scheme is 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. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Equity & Equity Related Instruments – 65%-100%, Debt Instruments & Money Market Instruments – 0%- 35% & Units issued by REITs and InvITs – 0%-10%
Exit Load
10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter.
Fund Managers
Bhavik Dave FM 1, Sushil Budhia FM 2
Primary FM 1,Primary FM 2
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Nippon Life India Asset Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.