NJ Balanced Advantage Fund Direct Growth NAV today
AMFI: 149264ISIN: INF0J8L01040MUTF_IN: NJ_BALA_ADVA_1YNXJFQNJ Mutual FundDynamic Asset Allocation or Balanced Advantage funds
NAV ₹14.1100up ₹0.03 (0.21%)
NAV for 29 Oct 2026, against 27 Oct 2026. Declared once a day.
Other plans: Regular IDCW ₹13.2200 · Direct IDCW ₹14.1100 · Regular Growth ₹13.2200, 0.15%
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹3,242 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. Total expense ratio: how it is worked out
- 1.10%22 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 pull the fund's P/E down. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted. P/E in the glossary
- 23.230 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. Riskometer in the glossary
- 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. Holdings in the glossary
- 14130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 29 Oct 2021
NJ Balanced Advantage Fund returns
Direct Growth plan
Over each window to 29 Oct 2026
| Over | Direct GrowthTrailing 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). Trailing return: how it is worked out | Regular Growth | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary | 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. Rank in category in the glossary | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. Category median in the glossary | 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. Middle half of the category in the glossary |
|---|---|---|---|---|---|---|
| 1 week | +0.36% | +0.30% | – | – | – | – |
| 1 month | −0.63% | −0.75% | – | 25 of 37 | −0.44% | −0.8% to +0.1% |
| 3 months | −3.69% | −3.99% | – | 27 of 37 | −2.78% | −3.8% to −2.0% |
| 6 months | +0.14% | −0.53% | – | 13 of 37 | −0.30% | −1.9% to +0.6% |
| 1 year | −2.08% | −3.36% | −2.65%to 30 Sep 2026 | 18 of 36 | −2.13% | −4.6% to −0.7% |
| 3 years | +7.63% | +6.24% | +6.04%to 30 Sep 2026 | 26 of 30 | +9.30% | +7.9% to +10.6% |
| 5 years | Needs 5 years | – | – | – | +8.38% | +7.2% to +9.3% |
| 10 years | Needs 10 years | – | – | – | +9.69% | +8.0% to +10.6% |
₹10,000 put in on 1 Nov 2021 is ₹14,096 at the NAV of 29 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. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate. Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Dynamic Asset Allocation or Balanced Advantage funds, each fund's return to its latest NAV on or before 29 Oct 2026.
At the month end, 30 Sep 2026
| Over | Fund | 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. Benchmark return in the glossary |
|---|---|---|
| 1 year | −0.49% | −2.65% |
| 3 years | +7.68% | +6.04% |
| Since launch | +7.38% | +6.02% |
Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2023, +24.5%; lowest year to Dec 2022, +1.1%
NJ Balanced Advantage Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 29 Oct 2026SIP calculator
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. Amount invested in the glossary | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. Value today in the glossary | 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. SIP return (XIRR) in the glossary | 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. SIP return after stamp duty in the glossary | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. Stamp duty paid in the glossary |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,18,927₹1,18,921 after stamp duty | −1.67% | −1.68% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,67,222₹3,67,204 after stamp duty | +1.30% | +1.30% | ₹18 | |
| Since Nov 202160 instalments | ₹6,00,000 | ₹7,03,219₹7,03,184 after stamp duty | +6.30% | +6.30% | ₹30 |
5 years: Launched 29 Oct 2021, needs 5 years of history.
A SIP that rises every year: Step-up SIP calculator
Rolling returns
Per cent a year, every window from 1 Nov 2021 to 29 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The lowest yearly return of any window of this length in the fund's history, one window starting on each day it priced. Lowest rolling return in the glossaryAverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history. Average rolling return in the glossaryHighestHighest rolling return. The highest yearly return of any window of this length in the fund's history. Highest rolling return in the glossaryEnded higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started. Windows that ended higher in the glossary
1 year984 windows−5.2%+10.6%+36.0%85.2%
3 years490 windows+7.1%+11.8%+15.9%100.0%
5 yearsLaunched 29 Oct 2021, needs 6 years of history
Every 3-year window ended higher than it started.
NJ 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. Direct and regular plan cost gap in the glossary
- 1.29 ptsA year, on 22 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. Expense ratio, 30-day average in the glossary
- 1.11%Over the last 30 days filed
- Regular, 30-day average
- 2.39%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.21%, Jun 2026.Direct plan lowest 0.48%, Jan 2024.
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. Base expense ratio in the glossary | 0.57% | 1.66% |
| Brokerage | 0.06% | 0.06% |
| Transaction costs | 0.02% | 0.02% |
| Statutory levies | 0.45% | 0.65% |
Per cent of assets a year, filed for 22 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
In respect of each purchase of Units:- 1. NIL Exit load – for 5% of the units upto completion of 30 days The “First In First Out (FIFO)” logic will be applied while selecting the units for redemption Waiver of Exit load is calculated for each inflow transaction separately on FIFO basis and not on the total units through multiple inflows The load free units from purchases made subsequent to the initial purchase will be available only after redeeming all units from the initial purchase 2. All units redeemed /switched-out in excess of the 5% load free units will be subject to the below mentioned exit load. 1.00% - if Units are redeemed/switched-out on or before 30 days from the date of allotment Nil - if redeemed after 30 days from the date of Allotment.MoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹500
- Minimum top-up
- ₹500
- Minimum redemption
- ₹1
- SIP
- Accepted
- SIP instalments, at least
- 6
- 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. Lock-in in the glossary
- None
- SIP minimum
- Rs. 500/- and in multiple of Rs. 1/- thereafter
- SIP dates
- Any date between 1 to 28* * Next business day if the date falls on non-business day.
As listed for this plan on 29 Oct 2026.
How NJ Balanced Advantage Fund is taxed
Tax depends on the fund's own mix. With 65% or more in shares of listed Indian companies, gains on units held over 12 months are taxed at 12.5% above ₹1.25 lakh a year, and gains on units held 12 months or less at 20%; with more than 65% in debt and money market instruments, gains on units bought on or after 1 Apr 2023 are taxed at the income tax slab rate however long they are held, and on units bought earlier at 12.5% after 24 months; otherwise, gains on units held over 24 months are taxed at 12.5%, and gains on units held 24 months or less at the income tax slab rate.
IDCW payouts are added to the holder's income and taxed at the income tax slab rate. The fund deducts 10% tax at source for a resident when its payouts to them in a year counted from April to March are above ₹10,000.
Rules in force from 1 Apr 2025, checked 27 Oct 2026. Surcharge and cess are not included.
NJ 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.
- ₹3,375 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. Share of assets in the direct plans in the glossary
- 25.0%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹5,247 Cr, quarter to Mar 2022.
Assets at each month end
Highest ₹4,700 Cr, Nov 2022.The latest month end is the lowest since Nov 2022.
NJ 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. Large, mid and small cap in the glossary | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | 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. Held since in the glossary | ||||
|---|---|---|---|---|---|---|
| HDFC BankBanks | Shares | Large cap2nd | 5.60% | 181.52 | 25,61,319 | Sep 2024 |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 4.63% | 150.04 | 12,64,000 | Nov 2021 |
| ICICI BankBanks | Shares | Large cap5th | 4.14% | 134.24 | 10,15,678 | Dec 2024 |
| Torrent PharmaceuticalsPharmaceuticals & Biotechnology | Shares | Large cap61st | 3.61% | 117.15 | 2,44,069 | Apr 2026 |
| BoschAuto Components | Shares | Mid cap101st | 3.55% | 115.12 | 24,442 | Oct 2024 |
| Dr. Lal Path LabsHealthcare Services | Shares | Small cap309th | 3.18% | 103.24 | 5,19,598 | Oct 2024 |
| MaricoAgricultural Food & other Products | Shares | Mid cap110th | 3.17% | 102.80 | 13,07,849 | Nov 2021 |
| Eicher MotorsAutomobiles | Shares | Large cap43rd | 2.74% | 88.85 | 1,24,260 | Oct 2024 |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | Shares | Large cap13th | 2.64% | 85.69 | 4,71,690 | Oct 2024 |
| Britannia IndustriesFood Products | Shares | Large cap71st | 2.47% | 80.13 | 1,65,891 | Nov 2021 |
| CiplaPharmaceuticals & Biotechnology | Shares | Large cap99th | 2.45% | 79.32 | 5,89,325 | Oct 2024 |
| ITCDiversified FMCG | Shares | Large cap17th | 2.36% | 76.59 | 29,15,086 | Nov 2021 |
| Alkem LaboratoriesPharmaceuticals & Biotechnology | Shares | Mid cap164th | 2.22% | 71.84 | 1,39,138 | Apr 2026 |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | Shares | Mid cap104th | 2.17% | 70.23 | 5,69,611 | Oct 2025 |
| Oil & Natural Gas CorporationOil | Shares | Large cap24th | 1.92% | 62.22 | 27,55,539 | Oct 2025 |
Weight is per cent of the fund's net assets; value in ₹ crore. 9 lines filed with no weight are listed without one.
Futures and options on 30 Sep 2026
| Reliance Industries Limited October 2026 Future | −4.38% | −142.12 | −11,92,500 |
| HDFC Bank Limited October 2026 Future | −4.06% | −131.72 | −18,40,800 |
| Axis Bank Limited October 2026 Future | −1.58% | −51.26 | −4,17,500 |
| ICICI Bank Limited October 2026 Future | −1.45% | −46.89 | −3,52,800 |
| State Bank of India October 2026 Future | −0.98% | −31.85 | −3,29,250 |
| Bharti Airtel Limited October 2026 Future | −0.90% | −29.12 | −1,64,825 |
| HDFC Asset Management Company Limited October 2026 Future | −0.68% | −22.16 | −96,300 |
| Bajaj Finance Limited October 2026 Future | −0.62% | −20.06 | −2,07,750 |
| Kotak Mahindra Bank Limited October 2026 Future | −0.56% | −18.26 | −4,38,000 |
| Wipro Limited October 2026 Future | 0.56% | 18.26 | 11,49,000 |
| Aditya Birla Capital Limited October 2026 Future | −0.52% | −16.74 | −4,37,100 |
| Vodafone Idea Limited October 2026 Future | −0.50% | −16.33 | −1,25,79,600 |
| Yes Bank Limited October 2026 Future | −0.50% | −16.14 | −76,50,600 |
| Canara Bank October 2026 Future | −0.49% | −15.78 | −13,09,500 |
| Marico Limited October 2026 Future | −0.43% | −14.00 | −1,76,400 |
Weight is per cent of the fund's net assets; value in ₹ crore. 9 lines filed with no weight are listed without one.
Cash and receivables on 30 Sep 2026
| Clearing Corporation of India Ltd | 4.57% | 148.10 |
| Net Receivables / (Payables) | 0.56% | 18.05 |
Weight is per cent of the fund's net assets; value in ₹ crore. 9 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. Largest holding in the glossary
- 5.60%HDFC Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions. Top 5 holdings in the glossary
- 21.53%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions. Top 10 holdings in the glossary
- 35.75%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights. Effective number of holdings in the glossary
- 44.1Taken over 94.87% 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. Asset allocation in the glossary- Indian shares90.35%
- Bonds and bills4.52%
- Cash and receivables5.13%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds. Futures and options, net in the glossary−26.49%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces. Futures and options, gross in the glossary27.61%
Per cent of the fund's net assets.
Large, mid and small cap
- Large cap62.73%Category 68.10%
- Mid cap24.56%Category 16.88%
- Small cap11.85%Category 13.11%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 0.78% of the fund. 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. Sector weight in the glossary14sectors
- Healthcare17.53%Category 5.93%
- Fast Moving Consumer Goods11.04%Category 3.14%
- Financial Services10.37%Category 19.92%
- Automobile And Auto Components9.35%Category 4.63%
- Information Technology4.50%Category 3.54%
- Oil Gas & Consumable Fuels2.54%Category 3.68%
- Consumer Durables2.50%Category 1.74%
- Chemicals1.71%Category 1.38%
- Textiles1.55%Category 0.24%
- Capital Goods1.13%Category 4.42%
- Services0.91%Category 1.51%
- Consumer Services0.76%Category 3.61%
- Realty0.00%Category 0.58%
- Power0.00%Category 1.51%
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 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Healthcare11 companies | 17.53% | 17.50% | 17.63% | 18.06% | 17.50% | 16.67% | 6.24% | 6.10% | 5.85% | 6.37% | 6.38% | 6.23% | |
| Fast Moving Consumer Goods9 companies | 11.04% | 11.33% | 11.94% | 12.36% | 12.53% | 13.05% | 10.68% | 11.05% | 10.84% | 11.49% | 11.35% | 11.94% | |
| Financial Services31 companies | 10.37% | 10.82% | 10.79% | 11.31% | 11.01% | 11.23% | 14.38% | 15.67% | 15.85% | 17.27% | 17.54% | 17.36% | |
| Automobile And Auto Components9 companies | 9.35% | 9.86% | 9.06% | 8.93% | 8.93% | 8.75% | 9.42% | 10.60% | 9.98% | 10.58% | 10.67% | 10.74% | |
| Information Technology8 companies | 4.50% | 4.94% | 4.87% | 4.65% | 5.11% | 5.05% | 7.58% | 7.56% | 9.08% | 9.53% | 9.26% | 9.00% | |
| Oil Gas & Consumable Fuels6 companies | 2.54% | 2.42% | 2.57% | 2.67% | 2.96% | 3.28% | 1.70% | 1.71% | 1.72% | 1.71% | 1.67% | 1.74% | |
| Consumer Durables8 companies | 2.50% | 2.74% | 2.80% | 2.94% | 2.90% | 2.97% | 2.02% | 2.07% | 1.98% | 2.32% | 2.44% | 2.44% | |
| Chemicals3 companies | 1.71% | 1.92% | 1.82% | 1.93% | 1.82% | 1.68% | 2.16% | 2.25% | 2.16% | 2.31% | 2.32% | 2.33% | |
| Textiles1 company | 1.55% | 1.49% | 1.67% | 1.83% | 1.71% | 1.65% | 1.40% | 1.32% | 1.35% | 1.53% | 1.64% | 1.76% | |
| Capital Goods7 companies | 1.13% | 1.18% | 1.13% | 1.14% | 1.16% | 1.17% | 0.07% | 0.08% | 0.08% | 0.08% | 0.09% | 0.09% | |
| Services5 companies | 0.91% | 0.73% | 0.76% | 0.89% | 0.86% | 0.96% | 2.55% | 2.25% | 2.02% | 1.97% | 1.92% | 1.89% | |
| Consumer Services2 companies | 0.76% | 0.80% | 0.82% | 0.92% | 0.99% | 1.03% | 0.00% | 0.00% | 0.01% | 0.00% | −0.01% | 0.00% |
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.
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. New positions in the glossary
- 7512.91% 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. Sold out in the glossary
- 8927.35% 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. Matured in the glossary
- 7
- 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. Added to in the glossary
- 7
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 75
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 74
- 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. Traded at least in the glossary
- 12.91%
- 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. Weight that moved in the glossary
- 32.33%
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). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| National Stock Exchange of India | New | 0.78% | 0.00% | +0.78 pts | +1,43,696 |
| HDFC Bank | Added | 5.60% | 5.19% | +0.41 pts | +83,324 |
| Power Grid Corporation of India | Trimmed | 0.00% | 0.33% | −0.33 pts | −4,18,000 |
| Dabur India | Trimmed | 0.00% | 0.33% | −0.32 pts | −2,88,750 |
| 182 Days Tbill (MD 31/12/2026) | Added | 0.37% | 0.06% | +0.31 pts | +10,00,000 |
| 364 Days Tbill (MD 10/12/2026) | New | 0.31% | 0.00% | +0.31 pts | +10,00,000 |
| 182 Days Tbill (MD 17/12/2026) | New | 0.30% | 0.00% | +0.30 pts | +10,00,000 |
| 364 Days Tbill (MD 17/09/2026) | Matured | – | 0.29% | −0.29 pts | – |
| 364 Days Tbill (MD 24/09/2026) | Matured | – | 0.29% | −0.29 pts | – |
| 364 Days Tbill (MD 07/01/2027) | New | 0.24% | 0.00% | +0.24 pts | +8,00,000 |
| Eicher Motors | Trimmed | 2.74% | 2.98% | −0.24 pts | −2,658 |
| Shriram Finance | Trimmed | 0.05% | 0.28% | −0.24 pts | −70,950 |
| 364 Days Tbill (MD 29/10/2026) | Added | 0.58% | 0.35% | +0.23 pts | +7,00,000 |
| Pidilite Industries | Trimmed | 1.76% | 1.98% | −0.22 pts | −8,086 |
| Bosch | Trimmed | 3.55% | 3.77% | −0.22 pts | −1,073 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 174 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 | 4.46%Added | 4.56%Cut | 4.50%Cut | 4.68%Added | 6.01%Added | 6.32%Added | 6.22%Cut | 6.13%Added | 6.50%Cut | 4.61%Cut | 5.19%Added | 5.60%Added |
 Reliance Industries | 9.13%Cut | 9.28%Cut | 9.40% | 8.48%Cut | 8.57% | 3.97%Cut | 4.33%Added | 4.34%Added | 4.25% | 4.49%Added | 4.77%Added | 4.63% |
 ICICI Bank | 2.92%Added | 3.01%Cut | 2.91%Cut | 3.00%Cut | 2.10%Cut | 2.54%Added | 3.20%Added | 3.32%Added | 3.69%Added | 3.87%Added | 4.25%Added | 4.14%Added |
 Torrent Pharmaceuticals | Sold out | – | – | – | – | – | 2.38%Bought again | 2.52%Cut | 2.60%Cut | 3.75%Added | 3.73%Cut | 3.61%Cut |
 Bosch | 3.20%Cut | 3.07%Cut | 3.05%Cut | 2.97%Cut | 2.97%Cut | 2.51%Cut | 2.98%Cut | 3.04%Cut | 3.18%Cut | 3.08%Cut | 3.77%Cut | 3.55%Cut |
 Dr. Lal Path Labs | 1.72%Added | 1.69% | 1.64%Cut | 1.50%Cut | 1.49%Cut | 1.50%Cut | 2.30%Added | 2.71%Cut | 2.74%Cut | 2.97%Cut | 3.03%Cut | 3.18%Cut |
 Marico | 3.08%Added | 3.07%Cut | 3.20%Cut | 3.16%Cut | 3.23%Cut | 3.24%Cut | 3.24%Cut | 3.45%Cut | 3.47%Cut | 3.40%Cut | 3.23%Cut | 3.17%Cut |
 Eicher Motors | 3.29%Added | 3.28%Cut | 3.38%Cut | 3.35%Cut | 3.77%Cut | 3.33%Cut | 3.48%Added | 3.52%Cut | 2.82%Cut | 2.92%Cut | 2.98%Cut | 2.74%Cut |
 Sun Pharmaceutical Industries | 0.71%Cut | 0.76%Cut | 0.71%Cut | 0.57%Cut | 0.62%Cut | 0.69%Added | 2.48%Added | 2.48%Cut | 2.55%Cut | 2.58%Cut | 2.82%Added | 2.64%Cut |
 Britannia Industries | 2.94%Added | 2.91%Cut | 2.99%Cut | 2.95%Cut | 3.03%Cut | 2.91%Cut | 3.22%Added | 2.80%Cut | 2.78%Added | 2.74%Cut | 2.63%Cut | 2.47%Cut |
 Cipla | 0.61%Added | 0.62%Cut | 0.60%Cut | 0.54%Cut | 0.54%Cut | 0.54%Added | 2.46%Added | 2.64%Cut | 2.73%Cut | 2.71%Cut | 2.61%Cut | 2.45%Cut |
 ITC | 1.16%Cut | 1.27%Added | 1.27%Cut | 0.46%Cut | 0.46%Added | 0.50%Added | 2.84%Added | 2.59%Cut | 2.56%Cut | 2.45%Cut | 2.24%Cut | 2.36%Cut |
 Alkem Laboratories | Sold out | – | – | – | – | – | 2.33%Bought again | 2.38%Cut | 2.38%Cut | 2.39%Cut | 2.24%Cut | 2.22%Cut |
 Dr. Reddy's Laboratories | 1.72%Bought again | 1.79%Cut | 1.80%Cut | 1.66%Cut | 1.75%Cut | 1.83%Cut | 2.45%Added | 2.41%Cut | 2.48%Cut | 1.96%Cut | 1.98%Cut | 2.17%Cut |
 Oil & Natural Gas Corporation | 0.64%Bought again | 0.61%Cut | 0.60%Cut | 0.64%Cut | 0.67%Cut | 0.75%Added | 2.70%Added | 2.39%Cut | 2.09%Cut | 2.01%Cut | 1.93%Cut | 1.92%Cut |
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. Portfolio turnover in the glossary
Highest 32.0% in Jul 2026
Risk ratios
NAV to 29 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct 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. Standard deviation in the glossary9.84%
6.92%Lowest9.61%Average16.41%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure. Downside deviation in the glossary6.12%
3.75%Lowest6.01%Average10.75%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. Sharpe ratio in the glossary0.20
−0.17Lowest0.33Average0.57Highest
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. Sortino ratio in the glossary0.29
−0.21Lowest0.48Average0.85Highest
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. Largest fall in the glossary | 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. Back at the high in the glossary |
|---|---|---|---|---|
| 1 year | −8.70% | 7 Jan 2026 | 30 Mar 2026 | 29 Jul 2026 |
| 3 years and since Nov 2021 | −14.75% | 3 Sep 2024 | 7 Apr 2025 | Not yet |
Risk level by month
| Months | Fund | 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. Benchmark's risk level in the glossary |
|---|---|---|
| Dec 2022 to Aug 202645 months | Very High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
NJ 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. Return in the manager's time in the glossary | 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. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | 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 after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | 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. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| Viral ShahPrimary | Oct 2022 | +9.13%a year | – | – | 60.1% | 26.1% | 6 | ₹4,767 Cr₹3,875 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Managers before
| Manager | |||||
|---|---|---|---|---|---|
| Dhaval Patel | Mar 2023 | Oct 2026 | +9.75%a year | – | – |
| Jaimin Ilavia | Jun 2026 | Oct 2026 | +0.79%over 123 days | – | – |
Other funds they run
| Fund | |||||
|---|---|---|---|---|---|
| NJ Overnight FundViral Shah | Oct 2022 | +6.08%a year | +6.17% | −0.09 pts | ₹398 Cr |
| NJ Momentum FundViral Shah | – | – | – | ₹365 Cr | |
| NJ ELSS Tax Saver FundViral Shah | – | – | – | ₹332 Cr | |
| NJ Arbitrage FundViral Shah | Oct 2022 | +6.91%a year | +7.44% | −0.53 pts | ₹234 Cr |
| NJ Value FundViral Shah | – | – | – | ₹196 Cr |
The ten largest by assets, by manager. Returns are the direct 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. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| UTI Balanced Advantage FundUTI Mutual Fund | 32.43% | 36 |
| Axis Balanced Advantage FundAxis Mutual Fund | 32.28% | 60 |
| Shriram Balanced Advantage FundShriram Mutual Fund | 30.77% | 36 |
| Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | 29.43% | 52 |
| PGIM India Balanced Advantage FundPGIM India Mutual Fund | 28.95% | 35 |
| Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund | 28.73% | 28 |
| Kotak Balanced Advantage FundKotak Mahindra Mutual Fund | 28.63% | 66 |
| Invesco India Balanced Advantage FundInvesco Mutual Fund | 28.30% | 24 |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 28.26% | 56 |
| Bandhan Balanced Advantage FundBandhan Mutual Fund | 28.23% | 57 |
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
| NJ Arbitrage FundNJ Mutual Fund | 36.30% |
As the fund house states it, for Sep 2026.
Changes to the fund
Newest first. A change of managers is dated by the week the fund's list first showed it.
2026
- 20 OctManagersNo longer listed as a manager: Dhaval Patel, Jaimin Ilavia
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
NJ Balanced Advantage Fund is an an open ended dynamic asset allocation fund 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.
Asset allocation
- Instruments Indicative allocations (% of total assets) Equity & Equity related instruments including Derivatives Minimum 0% - Maximum 100%
- Risk Profile – Medium to High Specified Debt Securities - Minimum 0% - Maximum 100%
- Risk Profile - Low to Medium
Type of scheme
An open ended dynamic asset allocation fund
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
- Risk level at launch
- Moderately High
- New fund offer
- 8 Oct 2021 to 22 Oct 2021
- Units first allotted
- 29 Oct 2021
- Open for sale again
- 1 Nov 2021
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹500
Plans and codes
| Plan | AMFI code | ISIN | MUTF_IN | First NAV |
|---|---|---|---|---|
| Direct Growth | 149264 | INF0J8L01040 | NJ_BALA_ADVA_1YNXJFQ | 1 Nov 2021 |
| Regular Growth | 149266 | INF0J8L01024 | NJ_BALA_ADVA_W4GBK6 | 1 Nov 2021 |
| Direct IDCW | 149265 | INF0J8L01032 | NJ_BALA_ADVA_V1TXXM | 1 Nov 2021 |
| Regular IDCW | 149263 | INF0J8L01016 | NJ_BALA_ADVA_XC9ZDH | 1 Nov 2021 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- NJ Mutual Fund Factsheet - September 2026NJ Mutual Fund, Sep 2026
Statement of additional information
- SAI NJ Mutual FundNJ Mutual Fund, Oct 2026
Annual report
- Annual Report for the Financial Year 2025-2026NJ Mutual Fund, Mar 2026
- Abridged Annual Report for the Financial Year 2025-2026NJ Mutual Fund, Mar 2026
Riskometer disclosure
- September 2026NJ Mutual Fund, Sep 2026
Portfolio overlap disclosure
- Viewfile.phpNJ Mutual Fund, Sep 2026