Nippon India Balanced Advantage Fund Direct Growth

Nippon India Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Meenakshi Dawar is the Current Fund Manager of Nippon India Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,13,160 Cr and the Latest NAV as of 22 Oct 2024 is ₹190.81. The Nippon India Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. ;

Investment Objective

The scheme seeks 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. ;