NJ Balanced Advantage Fund

A managed mix of asset classes or strategies

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.

How the money may be invested

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

SEBI category

Dynamic Asset Allocation or Balanced Advantage

Fund type

An open ended dynamic asset allocation fund

Primary benchmark

NIFTY 50 Hybrid Composite Debt 50:50 Index

Secondary benchmark

-

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Manager and scheme tenure

Fund manager(s)

Mr. Viral Shah

Manager tenure on this scheme

Since 20-10-2022

Role / co-management

Primary

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

What you pay and how money moves

Stated expense ratio

Regular 2.41%, Direct 1.13%

Exit load

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.

Minimum application

500 · multiples of 1

SIP frequency

Monthly

Minimum SIP amount

Rs. 500/- and in multiple of Rs. 1/- thereafter

Minimum instalments

6

How a mutual-fund investment is paid

1. Complete KYCIdentity, PAN, bank and contact verification are required.
2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.