NJ Balanced Advantage Fund - Regular Plan - Growth Option
Beginner-friendly💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Strong capital defense: downside capture of 55% limits losses during market corrections.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +4.55% | +5.51% | -0.96% |
| 3 Months | -0.72% | +1.29% | -2.01% |
| 6 Months | +2.76% | +5.25% | -2.49% |
| 1 Year | +1.85% | +2.38% | -0.53% |
| 3 Years CAGR | +7.01% | +9.06% | -2.05% |
| 5 Years CAGR | +6.62% | +7.86% | -1.24% |
| Since Inception | +6.58% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in NJ Balanced Advantage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +0.88% | +1.91% | -1.03% |
| 2025 | +1.48% | +5.68% | -4.20% |
| 2024 | +10.05% | +12.82% | -2.77% |
| 2023 | +23.02% | +18.07% | +4.95% |
| 2022 | -0.20% | +2.58% | -2.78% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -6.39% | +9.09% | +3.09% | +34.38% | 74.0% | 39.1% |
| 3-Year Rolling | +5.85% | +10.36% | +10.59% | +14.57% | 100.0% | 10.6% |
| 5-Year Rolling | +5.86% | +6.31% | +6.37% | +6.62% | 100.0% | 0.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-03 | 2025-04-07 | -15.4% | 7 months | Not yet recovered |
| 2022-01-13 | 2022-06-20 | -11.1% | 5 months | 6 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Instruments Indicative allocations (% of total assets) Equity & Equity related instruments including Derivatives Minimum 0% - Maximum 100% Risk Profile – Medium to High Specified Debt Securities - Minimum 0% - Maximum 100% Risk Profile - Low to Medium | Per Scheme Mandate |
Investment Objective & Strategy
NJ Balanced Advantage Fund is an an open ended dynamic asset allocation fund The investment objective of the Scheme is to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 3,335 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Balanced Advantage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Balanced Advantage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| PGIM India Balanced Advantage Fund | 2.9 | +7.25% | 2.48% | 73.5% | Rs 714 cr | Compare → |
| Shriram Balanced Advantage Fund | 2.3 | +5.54% | 2.57% | 71.7% | Rs 43.4 cr | Compare → |
| ITI Balanced Advantage Fund | 2.5 | +7.46% | 3.22% | 41.6% | Rs 319 cr | Compare → |
| Motilal Oswal Balanced Advantage Fund MOFDYNAMIC | 0.7 | +3.17% | - | 88.2% | Rs 738 cr | Compare → |
| Tata Balanced Advantage Fund | 4.8 | +7.58% | 1.85% | 52.0% | Rs 8,166 cr | Compare → |
Frequently Asked Questions about NJ Balanced Advantage Fund
What is the expense ratio of NJ Balanced Advantage Fund?
NJ Balanced Advantage Fund has a total expense ratio (TER) of 2.4% with a base expense ratio of 1.65%, compared to the Balanced Advantage category median of 2.40%.
Who manages NJ Balanced Advantage Fund?
NJ Balanced Advantage Fund is managed by Viral Shah.
What are the historical returns of NJ Balanced Advantage Fund?
NJ Balanced Advantage Fund delivered a 3-year CAGR of 7.01% and a 5-year CAGR of 6.62%. Its 1-year return stands at +1.85%.
How large is NJ Balanced Advantage Fund?
NJ Balanced Advantage Fund manages assets of Rs 3,335 cr, placing it in the 'comfortable' size band relative to Balanced Advantage peers.
How is NJ Balanced Advantage Fund scored on MFIQ?
NJ Balanced Advantage Fund holds an MFIQ Score of 3.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is NJ Balanced Advantage Fund?
NJ Balanced Advantage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 8.38% with a maximum historical drawdown of -15.44%.