Nj Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 14
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹13.4(R) +0.22% ₹13.95(D) +0.29%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 16.83% 10.39% -% -% -%
LumpSum (D) 18.42% 11.85% -% -% -%
SIP (R) -10.43% 12.89% -% -% -%
SIP (D) -9.15% 14.42% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.42 0.21 0.58 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
9.04% -10.04% -8.69% - 6.44%
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
SBI Balanced Advantage Fund 2
Axis Balanced Advantage Fund 3
Icici Prudential Balanced Advantage Fund 4
Invesco India Balanced Advantage Fund 5

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
NJ Balanced Advantage Fund - Regular Plan - IDCW Payout Option 13.4
0.0300
0.2200%
NJ Balanced Advantage Fund - Regular Plan - Growth Option 13.4
0.0300
0.2200%
NJ Balanced Advantage Fund - Direct Plan - Growth Option 13.95
0.0400
0.2900%
NJ Balanced Advantage Fund - Direct Plan - IDCW Payout Option 13.95
0.0400
0.2900%

Review Date: 19-11-2024

NJ Balanced Advantage Fund has shown poor performance in the Dynamic Asset Allocation or Balanced Advantage Mutual Funds category. The fund has rank of 14 out of 21 funds in the category. The fund has delivered return of 16.83% in 1 year and 10.39% in 3 years. The category average for the same periods is 18.45% and 10.56% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 9.04, VaR of -10.04, Average Drawdown of -4.69, Semi Deviation of 6.44 and Max Drawdown of -8.69. The category average for the same parameters is 7.84, -8.21, -2.86, 5.41 and -6.58 respectively. The fund has average risk in the category.
  • standard deviation of 9.04 and based on VaR one can expect to lose more than -10.04% of current value of fund in one year.
  • Sharpe ratio of the fund is 0.42 which shows average performance of fund in the dynamic asset allocation or balanced advantage mutual funds category.


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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -3.74
    -2.52
    		-5.71 | -0.47 30 | 34 Poor
    3M Return % -6.62
    -1.70
    		-8.33 | 0.98 32 | 34 Poor
    6M Return % 2.60
    4.44
    		-3.86 | 8.16 29 | 34 Poor
    1Y Return % 16.83
    18.45
    		11.88 | 31.82 19 | 30 Average
    3Y Return % 10.39
    10.56
    		5.91 | 20.54 13 | 22 Average
    1Y SIP Return % -10.43
    -6.07
    		-16.14 | -0.41 28 | 30 Poor
    3Y SIP Return % 12.89
    12.49
    		8.45 | 21.87 7 | 22 Good
    Standard Deviation 9.04
    7.84
    		5.26 | 12.00 17 | 21 Average
    Semi Deviation 6.44
    5.41
    		3.75 | 7.82 18 | 21 Average
    Max Drawdown % -8.69
    -6.58
    		-10.90 | -2.66 18 | 21 Average
    VaR 1 Y % -10.04
    -8.21
    		-13.51 | -4.14 16 | 21 Average
    Average Drawdown % -4.69
    -2.86
    		-4.69 | -1.31 21 | 21 Poor
    Sharpe Ratio 0.42
    0.51
    		-0.08 | 1.36 13 | 21 Average
    Sterling Ratio 0.58
    0.69
    		0.36 | 1.50 15 | 21 Average
    Sortino Ratio 0.21
    0.27
    		-0.02 | 0.76 14 | 21 Average
    Return data last Updated On : Nov. 19, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -3.59 -2.41 -5.57 | -0.44 30 | 34
    3M Return % -6.31 -1.37 -7.99 | 1.16 33 | 34
    6M Return % 3.33 5.12 -2.97 | 8.80 30 | 34
    1Y Return % 18.42 19.99 13.29 | 33.82 18 | 30
    3Y Return % 11.85 11.96 6.70 | 21.32 12 | 22
    1Y SIP Return % -9.15 -4.79 -14.48 | 0.85 28 | 30
    3Y SIP Return % 14.42 13.92 9.24 | 22.66 7 | 22
    Standard Deviation 9.04 7.84 5.26 | 12.00 17 | 21
    Semi Deviation 6.44 5.41 3.75 | 7.82 18 | 21
    Max Drawdown % -8.69 -6.58 -10.90 | -2.66 18 | 21
    VaR 1 Y % -10.04 -8.21 -13.51 | -4.14 16 | 21
    Average Drawdown % -4.69 -2.86 -4.69 | -1.31 21 | 21
    Sharpe Ratio 0.42 0.51 -0.08 | 1.36 13 | 21
    Sterling Ratio 0.58 0.69 0.36 | 1.50 15 | 21
    Sortino Ratio 0.21 0.27 -0.02 | 0.76 14 | 21
    Return data last Updated On : Nov. 19, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
    KPIs: Key Performance Indicators

    Investment Period Regular Direct
    Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
    1D 0.22 ₹ 10,022.00 0.29 ₹ 10,029.00
    1W -0.59 ₹ 9,941.00 -0.57 ₹ 9,943.00
    1M -3.74 ₹ 9,626.00 -3.59 ₹ 9,641.00
    3M -6.62 ₹ 9,338.00 -6.31 ₹ 9,369.00
    6M 2.60 ₹ 10,260.00 3.33 ₹ 10,333.00
    1Y 16.83 ₹ 11,683.00 18.42 ₹ 11,842.00
    3Y 10.39 ₹ 13,454.00 11.85 ₹ 13,992.00
    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 -10.43 ₹ 11,308.60 -9.15 ₹ 11,394.73
    3Y ₹ 36000 12.89 ₹ 43,649.68 14.42 ₹ 44,623.15
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date Nj Balanced Advantage Fund NAV Regular Growth Nj Balanced Advantage Fund NAV Direct Growth
    19-11-2024 13.4 13.95
    18-11-2024 13.37 13.91
    14-11-2024 13.41 13.95
    13-11-2024 13.38 13.93
    12-11-2024 13.48 14.03
    11-11-2024 13.58 14.13
    08-11-2024 13.62 14.17
    07-11-2024 13.67 14.22
    06-11-2024 13.75 14.31
    05-11-2024 13.61 14.16
    04-11-2024 13.58 14.12
    31-10-2024 13.64 14.18
    30-10-2024 13.66 14.21
    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

    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.