About Nippon India Balanced Advantage Fund Direct - Growth
Nippon India Balanced Advantage Fund Direct - Growth 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 ₹2,694.45 Crores and the latest NAV decalared is ₹100.947 as on 27 Jan 2020 at 10:05 pm.
Nippon India Balanced Advantage Fund Direct - Growth scheme return performance in last 1 year is 11.77%, in last 3 years is 38.74% and 122.30% 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.