Nj Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 29-10-2024
NAV ₹13.65(R) -0.07% ₹14.2(D) 0.0%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 23.75% -% -% -% -%
LumpSum (D) 25.44% -% -% -% -%
SIP (R) 11.01% -% -% -% -%
SIP (D) 12.55% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
Icici Prudential Balanced Advantage Fund 2
Axis Balanced Advantage Fund 3
SBI Balanced Advantage Fund 4
Nippon India Balanced Advantage Fund 5

NAV Date: 29-10-2024

Scheme Name NAV Rupee Change Percent Change
NJ Balanced Advantage Fund - Regular Plan - IDCW Payout Option 13.65
-0.0100
-0.0700%
NJ Balanced Advantage Fund - Regular Plan - Growth Option 13.65
-0.0100
-0.0700%
NJ Balanced Advantage Fund - Direct Plan - Growth Option 14.2
0.0000
0.0000%
NJ Balanced Advantage Fund - Direct Plan - IDCW Payout Option 14.2
0.0000
0.0000%

Review Date: 29-10-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It signifies the growth in the investment's value over a specific period, presented either as a percentage or a monetary figure. Our analysis focused on four return parameters of this fund. The return parameters have been categorized into three performance groups: the top 25%, those below the top 25% but above average, and those below average. Now, let's take a look at how each parameter has performed.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: One return parameter of the NJ Balanced Advantage Fund is above average but below the top 25% in the category, as shown below:
      • 1Y Return %
    3. Below Average: NJ Balanced Advantage Fund has three return parameters that are below average in the category, which are listed below:
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed zero risk parameters of NJ Balanced Advantage Fund, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: NJ Balanced Advantage Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: NJ Balanced Advantage Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: NJ Balanced Advantage Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.47
-2.92
-7.25 | -0.61 32 | 34 Poor
3M Return % -4.08
-0.46
-6.30 | 2.30 31 | 34 Poor
6M Return % 5.90
6.77
-0.24 | 11.37 23 | 34 Average
1Y Return % 23.75
23.60
16.96 | 44.28 10 | 30 Good
1Y SIP Return % 11.01
15.16
5.56 | 21.59 28 | 30 Poor
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.33 -2.82 -7.16 | -0.58 32 | 34
3M Return % -3.73 -0.14 -5.95 | 2.48 31 | 34
6M Return % 6.61 7.47 0.68 | 12.06 22 | 34
1Y Return % 25.44 25.21 17.80 | 46.44 11 | 30
1Y SIP Return % 12.55 16.68 7.56 | 23.07 28 | 30
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.07 ₹ 9,993.00 0.00 ₹ 10,000.00
1W -0.94 ₹ 9,906.00 -0.91 ₹ 9,909.00
1M -5.47 ₹ 9,453.00 -5.33 ₹ 9,467.00
3M -4.08 ₹ 9,592.00 -3.73 ₹ 9,627.00
6M 5.90 ₹ 10,590.00 6.61 ₹ 10,661.00
1Y 23.75 ₹ 12,375.00 25.44 ₹ 12,544.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 11.01 ₹ 12,703.74 12.55 ₹ 12,800.60
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nj Balanced Advantage Fund NAV Regular Growth Nj Balanced Advantage Fund NAV Direct Growth
29-10-2024 13.65 14.2
28-10-2024 13.66 14.2
25-10-2024 13.68 14.22
24-10-2024 13.73 14.28
23-10-2024 13.78 14.33
22-10-2024 13.78 14.33
21-10-2024 13.92 14.47
18-10-2024 13.96 14.51
17-10-2024 13.98 14.53
16-10-2024 14.16 14.72
15-10-2024 14.15 14.71
14-10-2024 14.16 14.71
11-10-2024 14.16 14.72
10-10-2024 14.11 14.67
09-10-2024 14.18 14.74
08-10-2024 14.12 14.68
07-10-2024 14.02 14.56
04-10-2024 14.12 14.67
03-10-2024 14.22 14.77
01-10-2024 14.45 15.01
30-09-2024 14.44 15.0

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.