Nj Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 21
Rating
Growth Option 11-04-2025
NAV ₹12.64(R) +1.04% ₹13.22(D) +0.99%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -% 8.19% -% -% -%
Direct -% 9.61% -% -% -%
Benchmark
SIP (XIRR) Regular -24.98% 6.12% -% -% -%
Direct -24.06% 7.56% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.27 0.13 0.39 -1.27% 0.02
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
9.38% -11.84% -13.92% 1.12 6.74%
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
Axis Balanced Advantage Fund 2
Dsp Dynamic Asset Allocation Fund 3
Icici Prudential Balanced Advantage Fund 4
SBI Balanced Advantage Fund 5

NAV Date: 11-04-2025

Scheme Name NAV Rupee Change Percent Change
NJ Balanced Advantage Fund - Regular Plan - IDCW Payout Option 12.64
0.1300
1.0400%
NJ Balanced Advantage Fund - Regular Plan - Growth Option 12.64
0.1300
1.0400%
NJ Balanced Advantage Fund - Direct Plan - Growth Option 13.22
0.1300
0.9900%
NJ Balanced Advantage Fund - Direct Plan - IDCW Payout Option 13.22
0.1300
0.9900%

Review Date: 11-04-2025

Beginning of Analysis

NJ Balanced Advantage Fund is the 21st ranked fund in the Dynamic Asset Allocation or Balanced Advantage Mutual Funds category. The category has total 24 funds. The 1 star rating shows a very poor past performance of the NJ Balanced Advantage Fund in Dynamic Asset Allocation or Balanced Advantage Mutual Funds. The fund has a Jensen Alpha of -1.27% which is lower than the category average of 0.3%, showing poor performance. The fund has a Sharpe Ratio of 0.27 which is lower than the category average of 0.41.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Dynamic Asset Allocation or Balanced Advantage Mutual Funds

NJ Balanced Advantage Fund Return Analysis

  • The fund has given a return of 0.08%, -3.99 and -10.19 in last one, three and six months respectively. In the same period the category average return was 1.64%, -0.78% and -5.02% respectively.
  • The fund has given a return of 9.61% in last three years and ranked 18.0th out of 24 funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 10.84%.
  • The fund has given a SIP return of -24.06% in last one year whereas category average SIP return is -17.35%. The fund one year return rank in the category is 31st in 34 funds
  • The fund has SIP return of 7.56% in last three years and ranks 19th in 24 funds. Hdfc Balanced Advantage Fund has given the highest SIP return (15.61%) in the category in last three years.

NJ Balanced Advantage Fund Risk Analysis

  • The fund has a standard deviation of 9.38 and semi deviation of 6.74. The category average standard deviation is 8.5 and semi deviation is 6.03.
  • The fund has a Value at Risk (VaR) of -11.84 and a maximum drawdown of -13.92. The category average VaR is -9.92 and the maximum drawdown is -9.62. The fund has a beta of 1.12 which shows that fund is more volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Very Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category


    • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nj Balanced Advantage Fund NAV Regular Growth Nj Balanced Advantage Fund NAV Direct Growth
    11-04-2025 12.64 13.22
    09-04-2025 12.51 13.09
    08-04-2025 12.54 13.11
    07-04-2025 12.38 12.95
    04-04-2025 12.6 13.18
    03-04-2025 12.8 13.38
    02-04-2025 12.82 13.41
    01-04-2025 12.75 13.33
    28-03-2025 12.84 13.42
    27-03-2025 12.88 13.47
    26-03-2025 12.88 13.46
    25-03-2025 12.91 13.49
    24-03-2025 12.95 13.54
    21-03-2025 12.86 13.45
    20-03-2025 12.8 13.38
    19-03-2025 12.75 13.32
    18-03-2025 12.71 13.28
    17-03-2025 12.62 13.19
    13-03-2025 12.58 13.14
    12-03-2025 12.63 13.19
    11-03-2025 12.64 13.21

    Fund Launch Date: 29/Oct/2021
    Fund Category: Dynamic Asset Allocation or Balanced Advantage
    Investment Objective: 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.
    Fund Description: An open-ended dynamic asset allocation fund
    Fund Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.