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 ₹2,611.79 Crores and the latest NAV decalared is ₹97.907 as on 12 Dec 2019 at 10:10 pm.
Nippon India Balanced Advantage Fund Direct-Growth scheme return performance in last 1 year is 9.32%, in last 3 years is 39.35% and 114.84% 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.