Nippon India Balanced Advantage Fund Regular IDCW NAV today
AMFI: 102848ISIN: INF204K01570MUTF_IN: NIPP_INDI_BALA_F2STHRNippon India Mutual FundDynamic Asset Allocation or Balanced Advantage funds
Formerly Reliance Balanced Advantage Fund
NAV ₹29.5552
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹9,532 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 1.99%19 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 24.630 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 14330 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 15 Nov 2004
Nippon India Balanced Advantage Fund returns
Read from the regular plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −2.48% | – | – | – | – |
| 1 month | −4.35% | – | 22 of 37 | −4.25% | −5.7% to −3.6% |
| 3 months | −3.70% | – | 19 of 37 | −3.70% | −4.4% to −2.9% |
| 6 months | −2.60% | – | 21 of 37 | −2.48% | −4.3% to −1.5% |
| 1 year | −3.41% | +0.23%to 30 Sep 2026 | 12 of 36 | −4.27% | −6.8% to −2.6% |
| 3 years | +8.28% | +7.83%to 30 Sep 2026 | 11 of 30 | +7.40% | +5.9% to +8.5% |
| 5 years | +7.31% | +7.20%to 30 Sep 2026 | 8 of 22 | +6.63% | +5.2% to +7.7% |
| 10 years | +9.02% | +9.99%to 30 Sep 2026 | 5 of 13 | +8.06% | +6.7% to +9.1% |
₹10,000 put in on 3 Apr 2006 is ₹91,587 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: CRISIL Hybrid 50+50 - Moderate Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Regular plans of Dynamic Asset Allocation or Balanced Advantage funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +0.65% | +0.23% |
| 3 years | +8.57% | +7.83% |
| 5 years | +7.90% | +7.20% |
| 10 years | +9.55% | +9.99% |
| Since launch | +14.06% | +11.10% |
Benchmark: CRISIL Hybrid 50+50 - Moderate Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Loss
Highest year to Dec 2009, +96.8%; lowest year to Dec 2008, −53.7%
Nippon India Balanced Advantage Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,16,797₹1,16,792 after stamp duty | −5.12% | −5.13% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,72,369₹3,72,350 after stamp duty | +2.24% | +2.24% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,06,110₹7,06,075 after stamp duty | +6.50% | +6.50% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹18,83,425₹18,83,376 after stamp duty | +8.76% | +8.76% | ₹38 | |
| Since Apr 2006246 instalments | ₹24,60,000 | ₹82,13,390₹82,13,342 after stamp duty | +10.59% | +10.59% | ₹38 |
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 3 Apr 2006 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year4,815 windows−58.5%+14.1%+130.2%83.5%
3 years4,322 windows−0.9%+12.0%+36.3%99.5%
5 years3,829 windows+2.0%+11.6%+25.9%100.0%
10 years2,602 windows+7.8%+11.7%+19.5%100.0%
Every 5 and 10-year window ended higher than it started.From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Nippon India Balanced Advantage Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.10 ptsA year, on 19 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.89%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.99%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.29%, Feb 2021.Direct plan lowest 0.08%, Mar 2022.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.56% | 1.51% |
| Brokerage | 0.06% | 0.06% |
| Transaction costs | 0.01% | 0.01% |
| Statutory levies | 0.26% | 0.41% |
Per cent of assets a year, filed for 19 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
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.MoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹100
- Minimum top-up
- ₹100
- Minimum redemption
- ₹100
- SIP
- Accepted
- SIP dates
- 1st to 31st of a month
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP minimum
- Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years)
- SIP instalments, at least
- 60 months for Rs. 100 per month 12 months for Rs. 500 per month 6 months for Rs. 1,000 per month 12 quarters for Rs. 500 per quarter 4 quarters for Rs. 1500 per quarter 2 years for Rs. 5000 per Year
As listed for this plan on 24 Oct 2026.
Nippon India Balanced Advantage Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹9,855 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 12.3%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Jun 2010.
Assets at each month end
Highest ₹9,918 Cr, Aug 2026.Lowest ₹1,505 Cr, Jan 2019.
Nippon India Balanced Advantage Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| HDFC BankBanks | Shares | Large cap2nd | 6.33% | 603.15 | 85,10,648 | – | Sep 2019 |
| ICICI BankBanks | Shares | Large cap5th | 5.56% | 530.00 | 40,10,000 | – | Aug 2018 |
| Axis BankBanks | Shares | Large cap15th | 2.58% | 246.35 | 20,09,348 | – | Oct 2018 |
| State Bank of IndiaBanks | Shares | Large cap4th | 2.52% | 240.54 | 25,06,879 | – | Nov 2016or earlier |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 2.49% | 237.40 | 20,00,000 | – | May 2018 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 2.32% | 221.38 | 12,60,000 | – | Aug 2018 |
| InfosysIT - Software | Shares | Large cap9th | 2.30% | 218.89 | 22,01,912 | – | Nov 2016or earlier |
| Kotak Mahindra BankBanks | Shares | Large cap16th | 2.27% | 216.60 | 51,94,155 | – | Jul 2025 |
| Mahindra & MahindraAutomobiles | Shares | Large cap14th | 2.03% | 193.73 | 6,56,709 | – | Nov 2021 |
| EternalRetailing | Shares | Large cap37th | 1.86% | 177.28 | 55,40,000 | – | Jun 2023 |
| Larsen & ToubroConstruction | Shares | Large cap8th | 1.81% | 172.97 | 4,60,017 | – | Jan 2021 |
| NTPCPower | Shares | Large cap20th | 1.60% | 152.10 | 47,12,720 | – | Mar 2021 |
| 7.48% National Bank For Agriculture and Rural DevelopmentCRISIL AAA, 7.48% coupon, repaid 15 Sep 2028 | Bonds and bills | 1.56% | 149.17 | 15,000 | 7.79% | Jun 2025 | |
| Bajaj FinanceFinance | Shares | Large cap7th | 1.56% | 148.31 | 15,45,877 | – | Oct 2024 |
| Cube Highways Trust-InvIT FundTransport Infrastructure | REIT or InvIT units | 1.56% | 148.90 | 96,00,000 | – | Apr 2023 |
Weight is per cent of the fund's net assets; value in ₹ crore. 7 lines filed with no weight are listed without one.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Interest Rate Swaps Pay Fix Receive Floating (29/09/2031) (FV 5000 Lacs) | – | −0.10 | – |
| Interest Rate Swaps Pay Floating Receive Fix (31/08/2029) (FV 2500 Lacs) | – | 0.03 | – |
Weight is per cent of the fund's net assets; value in ₹ crore. 7 lines filed with no weight are listed without one.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Triparty Repo | 2.34% | 223.26 |
| Cash Margin - Derivatives | 1.05% | 100.00 |
| Net Current Assets | 1.00% | 93.61 |
| Cash Margin - CCIL | 0.01% | 0.54 |
Weight is per cent of the fund's net assets; value in ₹ crore. 7 lines filed with no weight are listed without one.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 6.33%HDFC Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 19.48%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 30.26%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 55.8Taken over 95.60% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares71.71%
- Bonds and bills18.63%
- REIT and InvIT units5.26%
- Cash and receivables4.40%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap73.28%Category 68.10%
- Mid cap16.08%Category 16.88%
- Small cap10.64%Category 13.11%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 38 Dynamic Asset Allocation or Balanced Advantage funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.18sectors
- Financial Services27.26%Category 19.92%
- Consumer Services5.88%Category 3.61%
- Fast Moving Consumer Goods5.67%Category 3.14%
- Automobile And Auto Components5.33%Category 4.63%
- Capital Goods4.35%Category 4.42%
- Information Technology4.19%Category 3.54%
- Healthcare3.90%Category 5.93%
- Power3.24%Category 1.51%
- Oil Gas & Consumable Fuels2.49%Category 3.68%
- Telecommunication2.32%Category 2.53%
- Construction1.94%Category 1.64%
- Services0.99%Category 1.51%
- Chemicals0.88%Category 1.38%
- Metals & Mining0.81%Category 1.91%
- Consumer Durables0.80%Category 1.74%
- Realty0.78%Category 0.58%
- Textiles0.44%Category 0.24%
- Diversified0.44%Category 0.02%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 38 Dynamic Asset Allocation or Balanced Advantage funds. Category average. The sector's weight, less the futures sold on it, averaged over the 38 Dynamic Asset Allocation or Balanced Advantage funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services17 companies | 27.26% | 23.10% | 21.58% | 25.68% | 20.42% | 21.36% | 17.60% | 18.71% | 19.14% | 18.63% | 21.32% | 20.71% | |
| Consumer Services7 companies | 5.88% | 5.24% | 5.06% | 5.07% | 4.33% | 3.89% | 3.58% | 3.76% | 3.44% | 4.16% | 4.60% | 4.71% | |
| Fast Moving Consumer Goods8 companies | 5.67% | 4.96% | 5.49% | 5.59% | 4.49% | 4.65% | 4.13% | 4.67% | 4.91% | 5.44% | 5.93% | 6.04% | |
| Automobile And Auto Components5 companies | 5.33% | 4.38% | 4.57% | 5.25% | 4.34% | 4.31% | 3.83% | 4.40% | 4.88% | 5.81% | 6.51% | 6.19% | |
| Capital Goods8 companies | 4.35% | 3.76% | 3.67% | 4.62% | 4.46% | 4.52% | 4.05% | 4.69% | 4.59% | 4.76% | 5.26% | 5.14% | |
| Information Technology5 companies | 4.19% | 4.27% | 4.34% | 4.26% | 4.53% | 4.28% | 4.38% | 3.84% | 5.04% | 5.18% | 5.83% | 5.59% | |
| Healthcare7 companies | 3.90% | 3.80% | 3.76% | 3.74% | 3.45% | 3.51% | 3.01% | 2.81% | 2.68% | 2.78% | 3.08% | 2.98% | |
| Power4 companies | 3.24% | 2.58% | 2.71% | 3.23% | 3.07% | 3.28% | 2.98% | 3.00% | 2.85% | 2.84% | 3.23% | 3.41% | |
| Oil Gas & Consumable Fuels1 company | 2.49% | 2.15% | 2.20% | 3.13% | 2.72% | 2.73% | 2.43% | 2.64% | 2.60% | 3.07% | 3.53% | 3.44% | |
| Telecommunication1 company | 2.32% | 1.88% | 2.06% | 2.55% | 2.15% | 2.31% | 2.15% | 2.13% | 2.11% | 2.31% | 2.82% | 2.76% | |
| Construction2 companies | 1.94% | 1.72% | 1.53% | 1.95% | 1.63% | 1.80% | 1.33% | 1.65% | 1.35% | 1.47% | 1.90% | 1.89% | |
| Services1 company | 0.99% | 1.15% | 1.12% | 1.31% | 0.76% | 1.01% | 0.94% | 1.09% | 1.04% | 1.12% | 1.47% | 1.49% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 8.60%Lines stating a yield: 88.80% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 6.61%Regular plan
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign2.93%
- AAA8.51%
- AA7.19%
Other
- Overnight lending2.35%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month2.35%
- 1 to 3 months0.16%
- 3 to 6 months0.16%
- 6 to 12 months0.90%
- 1 to 3 years9.70%
- 3 to 5 years2.58%
- 5 to 10 years4.22%
- Over 10 years0.91%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 1.61%National Bank for Agriculture and Rural Development
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 6.02%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 9.45%
Per cent of the fund's net assets. Lent outside the government: 15.70% of the fund, to 32 borrowers; the borrower is named for 100.00% of it, its group for 21.40%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 92.52% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 4712.08% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 17
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 8
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 111
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 2.52%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 11.68%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| 8.2% Adani Power Limited | Sold out | – | 0.95% | −0.95 pts | −9,500 |
| National Highways Infra Trust | Trimmed | – | 0.90% | −0.90 pts | −52,10,240 |
| 5% GMR Airports Limited | New | 0.78% | 0.00% | +0.78 pts | +7,500 |
| HDFC Bank | Added | 6.33% | 5.69% | +0.64 pts | +5,50,000 |
| 9.5% DMI Finance Private Limited | New | 0.52% | 0.00% | +0.52 pts | +5,000 |
| ICICI Bank | Trimmed | 5.56% | 6.00% | −0.44 pts | −80,000 |
| PNB Housing Finance | Added | 0.53% | 0.12% | +0.41 pts | +3,51,458 |
| Krishna Institute of Medical Sciences | Sold out | – | 0.36% | −0.36 pts | −4,75,438 |
| Coforge | Trimmed | 0.37% | 0.70% | −0.33 pts | −1,50,000 |
| Britannia Industries | Sold out | – | 0.31% | −0.31 pts | −58,617 |
| JSW Infrastructure | Sold out | – | 0.28% | −0.28 pts | −8,14,035 |
| 7.8% State Government Securities | Sold out | – | 0.26% | −0.26 pts | −25,00,000 |
| 8.75% Vedanta Limited | New | 0.26% | 0.00% | +0.26 pts | +2,500 |
| 9.1% SK Finance Limited | New | 0.26% | 0.00% | +0.26 pts | +2,500 |
| Hero Fincorp Limited | New | 0.26% | 0.00% | +0.26 pts | +2,500 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 42 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 HDFC Bank | 4.36% | 4.41% | 4.35% | 4.13% | 3.91% | 4.99%Added | 5.19%Added | 5.39%Added | 6.01%Added | 6.02%Added | 5.69% | 6.33%Added |
 ICICI Bank | 3.62%Cut | 3.99%Added | 3.87% | 5.01%Added | 5.35%Added | 5.35%Added | 5.27% | 5.39%Added | 5.94%Added | 6.13% | 6.00%Cut | 5.56%Cut |
 Axis Bank | 1.21% | 1.25% | 1.24% | 2.27%Added | 2.41%Added | 2.17% | 2.45%Added | 2.59%Added | 2.65% | 2.40% | 2.63%Added | 2.58% |
 State Bank of India | 3.07%Added | 3.18% | 3.20% | 3.55% | 3.43%Cut | 2.78%Cut | 2.68%Cut | 2.32%Cut | 2.52%Added | 2.60%Added | 2.68% | 2.52% |
 Reliance Industries | 2.85% | 2.97% | 2.99% | 2.69% | 2.66% | 2.75% | 2.75% | 2.76%Added | 2.64% | 2.64% | 2.58% | 2.49% |
 Bharti Airtel | 2.55% | 2.59% | 2.60% | 2.46% | 2.33% | 2.66%Added | 2.65% | 2.58% | 2.55% | 2.51%Cut | 2.30% | 2.32% |
 Infosys | 2.95% | 3.08% | 2.98%Cut | 3.06% | 2.54%Added | 2.77%Added | 2.46% | 2.43% | 2.25%Added | 2.51% | 2.52% | 2.30% |
 Kotak Mahindra Bank | 1.09% | 1.09% | 1.13% | 1.06% | 1.07% | 1.30%Added | 1.32% | 1.33% | 1.45%Added | 1.43% | 2.04%Added | 2.27%Added |
 Mahindra & Mahindra | 2.37% | 2.53% | 2.50% | 2.35% | 2.30% | 2.15% | 2.11% | 2.09% | 2.06% | 2.25% | 2.17% | 2.03% |
 Eternal | 1.32% | 1.23% | 1.14% | 1.14% | 1.02% | 1.13%Added | 1.25%Added | 1.36%Added | 1.40% | 1.69%Added | 1.83% | 1.86% |
 Larsen & Toubro | 1.89% | 1.90% | 1.91% | 1.86% | 2.00% | 1.76% | 2.10%Added | 1.96%Cut | 1.95% | 1.83% | 1.88% | 1.81% |
 NTPC | 2.01% | 1.93% | 1.96% | 2.14% | 2.27% | 2.37% | 2.27%Cut | 2.11%Cut | 1.72%Cut | 1.65% | 1.56% | 1.60% |
| 7.48% National Bank For Agriculture and Rural Development | 1.37% | 1.31%Cut | 1.30% | 1.31% | 1.30% | 1.38% | 1.55%Added | 1.56% | 1.54% | 1.52% | 1.51% | 1.56% |
 Bajaj Finance | 1.71% | 1.69% | 1.61% | 1.54% | 1.90%Added | 1.74%Added | 1.81%Cut | 1.76% | 1.90% | 1.90%Cut | 1.65%Cut | 1.56% |
| Cube Highways Trust-InvIT Fund | 1.35% | 1.35% | 1.37% | 1.40% | 1.39% | 1.55% | 1.48% | 1.48% | 1.52% | 1.52% | 1.52% | 1.56% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 200.0% in May 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Dynamic Asset Allocation or Balanced Advantage funds (30 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.8.82%
6.91%Lowest9.60%Average16.39%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.5.55%
3.89%Lowest6.17%Average10.93%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.31
−0.25Lowest0.20Average0.46Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.43
−0.32Lowest0.28Average0.65Highest
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −7.90% | 11 Feb 2026 | 30 Mar 2026 | 2 Jul 2026 |
| 3 and 5 years | −9.03% | 26 Sep 2024 | 28 Feb 2025 | 26 Jun 2025 |
| 10 years | −21.92% | 20 Feb 2020 | 23 Mar 2020 | 9 Nov 2020 |
| Since Apr 2006 | −62.62% | 7 Jan 2008 | 9 Mar 2009 | 19 Aug 2010 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2025 to Aug 202611 months | Very High | HighCRISIL Hybrid 50+50 - Moderate Index |
| Sep 20251 month | Very High | Moderately HighCRISIL Hybrid 50+50 - Moderate Index |
| Aug 20251 month | Very High | HighCRISIL Hybrid 50+50 - Moderate Index |
| Jul 20251 month | Very High | Moderately HighCRISIL Hybrid 50+50 - Moderate Index |
| Jun 20251 month | Very High | HighCRISIL Hybrid 50+50 - Moderate Index |
| May 20251 month | Very High | Moderately HighCRISIL Hybrid 50+50 - Moderate Index |
| Oct 2023 to Apr 202519 months | Very High | HighCRISIL Hybrid 50+50 - Moderate Index |
| Sep 20231 month | Moderately High | Very HighCRISIL Hybrid 50+50 - Moderate Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Nippon India Balanced Advantage Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Bhavik DavePrimary | Jan 2026 | −1.42%over 288 days | – | – | 19.0% | 8.7% | 3 | ₹68,195 Cr |
| Sushil BudhiaPrimary | Mar 2021 | +9.21%a year | – | – | 17.9% | 17.2% | 11 | ₹45,641 Cr₹1,854 Cr alone |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Nippon India Large Cap FundBhavik Dave | Aug 2024 | −1.71%a year | – | – | ₹51,296 Cr |
| Nippon India Banking & Financial Services FundBhavik Dave | Jun 2021 | +12.64%a year | +9.17% | +3.46 pts | ₹7,367 Cr |
| Nippon India Multi Asset Allocation FundSushil Budhia | Mar 2021 | +14.49%a year | – | – | ₹18,044 Cr |
| Nippon India Short Term FundSushil Budhia | Mar 2021 | +6.01%a year | – | – | ₹6,364 Cr |
| Nippon India Aggressive Hybrid FundSushil Budhia | Feb 2020 | +10.49%a year | – | – | ₹3,857 Cr |
| Nippon India Multi - Asset Omni FoFSushil Budhia | Mar 2021 | +15.25%a year | – | – | ₹3,012 Cr |
| Nippon India Credit Risk FundSushil Budhia | Feb 2020 | +5.99%a year | – | – | ₹1,708 Cr |
| Nippon India Conservative Hybrid FundSushil Budhia | Feb 2020 | +5.96%a year | – | – | ₹977 Cr |
| Nippon India Equity Savings FundSushil Budhia | Feb 2020 | +5.20%a year | – | – | ₹744 Cr |
| Nippon India Income Plus Arbitrage Omni Fund of FundSushil Budhia | Sep 2026 | +0.41%over 42 days | – | – | ₹628 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Axis Balanced Advantage FundAxis Mutual Fund | 48.86% | 47 |
| PGIM India Balanced Advantage FundPGIM India Mutual Fund | 40.23% | 30 |
| Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund | 40.11% | 25 |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 40.07% | 50 |
| UTI Balanced Advantage FundUTI Mutual Fund | 39.56% | 27 |
| Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | 39.44% | 40 |
| HDFC Balanced Advantage FundHDFC Mutual Fund | 39.40% | 53 |
| Kotak Balanced Advantage FundKotak Mahindra Mutual Fund | 36.67% | 46 |
| DSP Dynamic Asset Allocation FundDSP Mutual Fund | 36.19% | 25 |
| Invesco India Balanced Advantage FundInvesco Mutual Fund | 35.20% | 22 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Nippon India Aggressive Hybrid FundNippon India Mutual Fund | 55.50% |
| Nippon India Multi Asset Allocation FundNippon India Mutual Fund | 42.14% |
| Nippon India Equity Savings FundNippon India Mutual Fund | 38.32% |
| Nippon India Arbitrage FundNippon India Mutual Fund | 27.83% |
| Nippon India Conservative Hybrid FundNippon India Mutual Fund | 15.66% |
As the fund house states it, for Sep 2026.
Nippon India Balanced Advantage Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.Every fund's payouts
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹0.22 a unit, Oct 2026.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 12 Oct 2026 | ₹0.22 | 0.73% | ₹30.1429 | ₹30.1522 |
| 11 Sep 2026 | ₹0.22 | 0.70% | ₹31.2794 | ₹30.7119 |
| 10 Aug 2026 | ₹0.22 | 0.68% | ₹32.1397 | ₹31.9117 |
| 10 Jul 2026 | ₹0.22 | 0.69% | ₹31.9478 | ₹31.7278 |
| 10 Jun 2026 | ₹0.22 | 0.71% | ₹30.8631 | ₹30.5486 |
| 11 May 2026 | ₹0.22 | 0.70% | ₹31.4149 | ₹30.8191 |
| 10 Apr 2026 | ₹0.22 | 0.70% | ₹31.4858 | ₹31.1359 |
| 10 Mar 2026 | ₹0.22 | 0.70% | ₹31.5409 | ₹31.0776 |
| 10 Feb 2026 | ₹0.22 | 0.67% | ₹32.8874 | ₹32.7391 |
| 9 Jan 2026 | ₹0.22 | 0.67% | ₹32.5948 | ₹32.3830 |
| 12 Dec 2025 | ₹0.22 | 0.66% | ₹33.1283 | ₹32.8281 |
| 14 Nov 2025 | ₹0.22 | 0.66% | ₹33.3642 | ₹33.2719 |
All 112 payouts since 7 Aug 2006.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2021
- 31 DecBenchmarkBenchmark: CRISIL Hybrid 35+65 - Aggressive Index to CRISIL Hybrid 50+50 - Moderate Index
Fund details
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.
Asset allocation
- Equity & Equity Related Instruments – 65%-100%, Debt Instruments & Money Market Instruments – 0%- 35% & Units issued by REITs and InvITs – 0%-10%
Type of scheme
An open-ended dynamic asset allocation fund investing in debt and equity instruments only
- Stated category
- Dynamic Asset Allocation Fund/ Balanced Advantage Fund
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- CRISIL Hybrid 50+50 - Moderate Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately High
- New fund offer
- 16 Oct 2004 to 11 Nov 2004
- Units first allotted
- 15 Nov 2004
- Open for sale again
- 16 Nov 2004
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 118736 | INF204K01G94 | NIPP_INDI_BALA_OEENL3 | 3 Jan 2013 | |
| Regular Growth | 102846 | INF204K01604 | NIPP_INDI_BALA_A8W0KP | 3 Apr 2006 | |
| Direct IDCW | 118738 | INF204K01G78 | INF204K01G86 | NIPP_INDI_BALA_C16ZFI | 3 Jan 2013 |
| Regular IDCW | 102848 | INF204K01570 | INF204K01588 | NIPP_INDI_BALA_F2STHR | 3 Apr 2006 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Fundamentals \ E-Factsheet: October 2026Nippon India Mutual Fund, Sep 2026
Statement of additional information
- SAI Nippon India Mutual FundNippon India Mutual Fund, Oct 2026
Annual report
- Abridged Scheme Account 2025-2026 - ight face intermittent issues with NetBanking payment mode during Purchase transaction on our Digital assets. Kindly use an alternative payment mode. Regret the inconvenience caused. --> --> --> Custom Title Abridged Scheme Account 2025 - 26 Page Content 1. ConsolNippon India Mutual Fund, Mar 2026
- Abridged Scheme Account 2025-2026 - 2. Consolidated Debt SchemesNippon India Mutual Fund, Mar 2026
- Abridged Scheme Account 2025-2026 - 3. Consolidated Exchange Traded FundsNippon India Mutual Fund, Mar 2026
- Abridged Scheme Account 2025-2026 - 4.Consolidate Interval Funds and Fixed Maturity PlansNippon India Mutual Fund, Mar 2026
Riskometer disclosure
- DownloadNippon India Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio OverlapNippon India Mutual Fund, Sep 2026
- Portfolio-Overlap-30-Sep-2026Nippon India Mutual Fund, Sep 2026