About Nippon India Balanced Advantage Fund Direct-Dividend Reinvestment
Nippon India Balanced Advantage Fund Direct-Dividend Reinvestment is a Balanced
mutual fund scheme from Nippon India Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Ashutosh Bhargava
and Manish Gunwani
. It has an AUM of ₹2,494.75 Crores and the latest NAV decalared is ₹30.930 as on 11 Nov 2019 at 9:00 pm.
Nippon India Balanced Advantage Fund Direct-Dividend Reinvestment scheme return performance in last 1 year is 10.16%, in last 3 years is 36.83% and 116.47% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
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.