Markets / Mutual funds / Balanced Advantage
NJ Mutual Fund · Hybrid fund · Direct plan · IDCW
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.
Bars: this plan; the thin mark is the Balanced Advantage average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.7 | |||||||||||
| 2025 | -2.0 | -4.7 | +2.4 | +2.1 | +2.3 | +2.1 | -0.6 | +0.7 | -0.3 | +0.2 | +0.7 | +0.1 |
| 2026 | -1.6 | +0.1 | -6.2 | +5.4 | +0.1 | +1.4 | +3.1 | -0.2 | -3.2 | -0.5 | +3.5 |
Each month's change in NAV (the current month to the latest NAV).
Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.
| Share of fund | 30 Sept 2026 | 31 Aug 2026 | Change |
|---|---|---|---|
| Stocks held | 90.4% | 92.7% | -2.37 |
| Short positions | -27.1% | -28.4% | +1.36 |
| Derivatives (long) | 0.6% | 1.4% | -0.79 |
| Debt | 0.2% | 0.3% | -0.15 |
| Money market | 4.4% | 3.5% | +0.92 |
| Cash & others | 5.1% | 3.5% | +1.60 |
| Top 10 stocks | 35.8% | 36.4% | -0.64 |
| Number of stocks | 119 | 120 | -1 |
Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.
| Holding | % of fund |
|---|---|
| HDFC Bank Limited INE040A01034 | 5.60% |
| Reliance Industries Limited INE002A01018 | 4.63% |
| ICICI Bank Limited INE090A01021 | 4.14% |
| Torrent Pharmaceuticals Limited INE685A01028 | 3.61% |
| Bosch Limited INE323A01026 | 3.55% |
| Dr. Lal Path Labs Limited INE600L01024 | 3.18% |
| Marico Limited INE196A01026 | 3.17% |
| Eicher Motors Limited INE066A01021 | 2.74% |
| Sun Pharmaceutical Industries Limited INE044A01036 | 2.64% |
| Britannia Industries Limited INE216A01030 | 2.47% |
| Cipla Limited INE059A01026 | 2.45% |
| ITC Limited INE154A01025 | 2.36% |
| Alkem Laboratories Limited INE540L01014 | 2.22% |
| Dr. Reddy's Laboratories Limited INE089A01031 | 2.17% |
| Oil & Natural Gas Corporation Limited INE213A01029 | 1.92% |
| Nestle India Limited INE239A01024 | 1.84% |
| Kotak Mahindra Bank Limited INE237A01036 | 1.84% |
| Pidilite Industries Limited INE318A01026 | 1.76% |
| Hero MotoCorp Limited INE158A01026 | 1.61% |
| Ajanta Pharma Limited INE031B01049 | 1.58% |
| Axis Bank Limited INE238A01034 | 1.58% |
| Page Industries Limited INE761H01022 | 1.55% |
| Bajaj Finance Limited INE296A01032 | 1.52% |
| HDFC Asset Management Company Limited INE127D01025 | 1.44% |
| State Bank of India INE062A01020 | 0.97% |
| Colgate Palmolive (India) Limited INE259A01022 | 0.91% |
| The Great Eastern Shipping Company Limited INE017A01032 | 0.90% |
| Emami Limited INE548C01032 | 0.90% |
| Bharti Airtel Limited INE397D01024 | 0.89% |
| Endurance Technologies Limited INE913H01037 | 0.85% |
| Havells India Limited INE176B01034 | 0.81% |
| Tech Mahindra Limited INE669C01036 | 0.80% |
| National Stock Exchange Of India Ltd INE721I01024 | 0.78% |
| Bajaj Auto Limited INE917I01010 | 0.78% |
| Indiamart Intermesh Limited INE933S01016 | 0.76% |
| Hindustan Aeronautics Limited INE066F01020 | 0.75% |
| Aptus Value Housing Finance India Limited INE852O01025 | 0.75% |
| Muthoot Finance Limited INE414G01012 | 0.72% |
| Mahindra & Mahindra Limited INE101A01026 | 0.70% |
| Mphasis Limited INE356A01018 | 0.70% |
| Infosys Limited INE009A01021 | 0.70% |
| Kajaria Ceramics Limited INE217B01036 | 0.68% |
| Tata Technologies Limited INE142M01025 | 0.65% |
| Castrol India Limited INE172A01027 | 0.64% |
| UTI Asset Management Company Limited INE094J01016 | 0.62% |
| Berger Paints (I) Limited INE463A01038 | 0.57% |
| HCL Technologies Limited INE860A01027 | 0.54% |
| ABB India Limited INE117A01022 | 0.52% |
| Crompton Greaves Consumer Electricals Limited INE299U01018 | 0.52% |
| Aditya Birla Capital Limited INE674K01013 | 0.51% |
| Vodafone Idea Limited INE669E01016 | 0.50% |
| Yes Bank Limited INE528G01035 | 0.49% |
| Canara Bank INE476A01022 | 0.48% |
| Tata Consultancy Services Limited INE467B01029 | 0.44% |
| CRISIL Limited INE007A01025 | 0.42% |
| Kalyan Jewellers India Limited INE303R01014 | 0.40% |
| Hindalco Industries Limited INE038A01020 | 0.37% |
| Asian Paints Limited INE021A01026 | 0.37% |
| Tata Elxsi Limited INE670A01012 | 0.36% |
| Titan Company Limited INE280A01028 | 0.36% |
| Ambuja Cements Limited INE079A01024 | 0.35% |
| IDFC First Bank Limited INE092T01019 | 0.35% |
| Jio Financial Services Limited INE758E01017 | 0.34% |
| Adani Ports and Special Economic Zone Limited INE742F01042 | 0.34% |
| Tata Power Company Limited INE245A01021 | 0.29% |
| Maruti Suzuki India Limited INE585B01010 | 0.25% |
| Abbott India Limited INE358A01014 | 0.25% |
| NTPC Limited INE733E01010 | 0.24% |
| Punjab National Bank INE160A01022 | 0.21% |
| Divi's Laboratories Limited INE361B01024 | 0.20% |
| HDFC Life Insurance Company Limited INE795G01014 | 0.20% |
| UltraTech Cement Limited INE481G01011 | 0.20% |
| Adani Enterprises Limited INE423A01024 | 0.20% |
| Adani Power Limited INE814H01029 | 0.18% |
| Tata Steel Limited INE081A01020 | 0.18% |
| Coal India Limited INE522F01014 | 0.15% |
| SBI Life Insurance Company Limited INE123W01016 | 0.13% |
| Larsen & Toubro Limited INE018A01030 | 0.12% |
| The Phoenix Mills Limited INE211B01039 | 0.11% |
| Adani Energy Solutions Limited INE931S01010 | 0.11% |
| Indian Energy Exchange Limited INE022Q01020 | 0.10% |
| Steel Authority of India Limited INE114A01011 | 0.09% |
| Glenmark Pharmaceuticals Limited INE935A01035 | 0.09% |
| Hindustan Unilever Limited INE030A01027 | 0.09% |
| Bandhan Bank Limited INE545U01014 | 0.08% |
| UPL Limited INE628A01036 | 0.07% |
| LIC Housing Finance Limited INE115A01026 | 0.07% |
| Bank of Baroda INE028A01039 | 0.07% |
| Adani Green Energy Limited INE364U01010 | 0.06% |
| Amber Enterprises India Limited INE371P01015 | 0.06% |
| TVS Motor Company Limited INE494B01023 | 0.05% |
| IndusInd Bank Limited INE095A01012 | 0.05% |
| Shriram Finance Limited INE721A01047 | 0.05% |
| Solar Industries India Limited INE343H01029 | 0.04% |
| Life Insurance Corporation Of India INE0J1Y01017 | 0.04% |
| Bank of India INE084A01016 | 0.03% |
| Varun Beverages Limited INE200M01039 | 0.03% |
| Indus Towers Limited INE121J01017 | 0.03% |
| Wipro Limited INE075A01022 | 0.02% |
| PNB Housing Finance Limited INE572E01012 | 0.02% |
| Vedanta Limited INE205A01025 | 0.02% |
| GE Vernova T&D India Limited INE200A01026 | 0.02% |
| Indian Oil Corporation Limited INE242A01010 | 0.01% |
| Container Corporation of India Limited INE111A01025 | 0.01% |
| One 97 Communications Limited INE982J01020 | 0.01% |
| Tata Motors Passenger Vehicles Limited INE155A01022 | 0.01% |
| Bharat Heavy Electricals Limited INE257A01026 | 0.01% |
| Apollo Hospitals Enterprise Limited INE437A01024 | 0.01% |
| GMR Airports Limited INE776C01039 | 0.01% |
| The Indian Hotels Company Limited INE053A01029 | 0.01% |
| Ashok Leyland Limited INE208A01029 | 0.00% |
| InterGlobe Aviation Limited INE646L01027 | 0.00% |
| Inox Wind Limited INE066P01011 | 0.00% |
| Godrej Properties Limited INE484J01027 | 0.00% |
| SBI Cards and Payment Services Limited INE018E01016 | 0.00% |
| Hitachi Energy India Limited INE07Y701011 | 0.00% |
| Hindustan Petroleum Corporation Limited INE094A01015 | 0.00% |
| Power Grid Corporation of India Limited INE752E01010 | 0.00% |
| Dabur India Limited INE016A01026 | 0.00% |
| Holding | % of fund |
|---|---|
| Reliance Industries Limited October 2026 Future | -4.38% |
| HDFC Bank Limited October 2026 Future | -4.06% |
| Axis Bank Limited October 2026 Future | -1.58% |
| ICICI Bank Limited October 2026 Future | -1.45% |
| State Bank of India October 2026 Future | -0.98% |
| Bharti Airtel Limited October 2026 Future | -0.90% |
| HDFC Asset Management Company Limited October 2026 Future | -0.68% |
| Bajaj Finance Limited October 2026 Future | -0.62% |
| Kotak Mahindra Bank Limited October 2026 Future | -0.56% |
| Aditya Birla Capital Limited October 2026 Future | -0.52% |
| Vodafone Idea Limited October 2026 Future | -0.50% |
| Yes Bank Limited October 2026 Future | -0.50% |
| Canara Bank October 2026 Future | -0.49% |
| Marico Limited October 2026 Future | -0.43% |
| Kalyan Jewellers India Limited October 2026 Future | -0.40% |
| Sun Pharmaceutical Industries Limited October 2026 Future | -0.40% |
| Hindalco Industries Limited October 2026 Future | -0.38% |
| Mahindra & Mahindra Limited October 2026 Future | -0.38% |
| Asian Paints Limited October 2026 Future | -0.37% |
| Titan Company Limited October 2026 Future | -0.36% |
| Ambuja Cements Limited October 2026 Future | -0.35% |
| IDFC First Bank Limited October 2026 Future | -0.35% |
| Jio Financial Services Limited October 2026 Future | -0.34% |
| Adani Ports and Special Economic Zone Limited October 2026 Future | -0.34% |
| Mahindra & Mahindra Limited November 2026 Future | -0.33% |
| Tata Power Company Limited October 2026 Future | -0.29% |
| Infosys Limited October 2026 Future | -0.28% |
| Reliance Industries Limited November 2026 Future | -0.26% |
| Maruti Suzuki India Limited October 2026 Future | -0.25% |
| NTPC Limited October 2026 Future | -0.23% |
| Punjab National Bank October 2026 Future | -0.22% |
| Divi's Laboratories Limited October 2026 Future | -0.20% |
| UltraTech Cement Limited October 2026 Future | -0.20% |
| HDFC Life Insurance Company Limited October 2026 Future | -0.20% |
| Adani Enterprises Limited October 2026 Future | -0.20% |
| ITC Limited October 2026 Future | -0.18% |
| Adani Power Limited October 2026 Future | -0.18% |
| Bosch Limited October 2026 Future | -0.18% |
| Tata Steel Limited October 2026 Future | -0.17% |
| Hindustan Aeronautics Limited October 2026 Future | -0.15% |
| Coal India Limited October 2026 Future | -0.15% |
| SBI Life Insurance Company Limited October 2026 Future | -0.13% |
| Larsen & Toubro Limited October 2026 Future | -0.12% |
| The Phoenix Mills Limited October 2026 Future | -0.11% |
| Adani Energy Solutions Limited October 2026 Future | -0.11% |
| Indian Energy Exchange Limited October 2026 Future | -0.10% |
| Alkem Laboratories Limited October 2026 Future | -0.09% |
| Steel Authority of India Limited October 2026 Future | -0.09% |
| Glenmark Pharmaceuticals Limited October 2026 Future | -0.09% |
| Cipla Limited October 2026 Future | -0.09% |
| Hindustan Unilever Limited October 2026 Future | -0.09% |
| Bandhan Bank Limited October 2026 Future | -0.08% |
| UPL Limited October 2026 Future | -0.07% |
| LIC Housing Finance Limited October 2026 Future | -0.07% |
| Bank of Baroda October 2026 Future | -0.07% |
| HDFC Bank Limited November 2026 Future | -0.06% |
| Crompton Greaves Consumer Electricals Limited October 2026 Future | -0.06% |
| Adani Green Energy Limited October 2026 Future | -0.06% |
| Amber Enterprises India Limited October 2026 Future | -0.06% |
| Pidilite Industries Limited October 2026 Future | -0.05% |
| TVS Motor Company Limited October 2026 Future | -0.05% |
| IndusInd Bank Limited October 2026 Future | -0.05% |
| Shriram Finance Limited October 2026 Future | -0.05% |
| Solar Industries India Limited October 2026 Future | -0.04% |
| Life Insurance Corporation Of India October 2026 Future | -0.04% |
| Bank of India October 2026 Future | -0.03% |
| Varun Beverages Limited October 2026 Future | -0.03% |
| Indus Towers Limited October 2026 Future | -0.03% |
| PNB Housing Finance Limited October 2026 Future | -0.02% |
| Vedanta Limited October 2026 Future | -0.02% |
| GE Vernova T&D India Limited October 2026 Future | -0.02% |
| Container Corporation of India Limited October 2026 Future | -0.01% |
| Indian Oil Corporation Limited October 2026 Future | -0.01% |
| One 97 Communications Limited October 2026 Future | -0.01% |
| Tata Motors Passenger Vehicles Limited October 2026 Future | -0.01% |
| Bharat Heavy Electricals Limited October 2026 Future | -0.01% |
| Tata Steel Limited November 2026 Future | -0.01% |
| Apollo Hospitals Enterprise Limited October 2026 Future | -0.01% |
| GMR Airports Limited October 2026 Future | -0.01% |
| The Indian Hotels Company Limited October 2026 Future | -0.01% |
| Holding | % of fund |
|---|---|
| Clearing Corporation of India Ltd | 4.57% |
| 364 Days Tbill (MD 29/10/2026) IN002025Z310 | 0.58% |
| Wipro Limited October 2026 Future | 0.56% |
| Net Receivables / (Payables) | 0.56% |
| 91 Days Tbill (MD 15/10/2026) IN002026X156 | 0.40% |
| 91 Days Tbill (MD 01/10/2026) IN002026X131 | 0.37% |
| 364 Days Tbill (MD 23/10/2026) IN002025Z302 | 0.37% |
| 182 Days Tbill (MD 31/12/2026) IN002026Y139 | 0.37% |
| 182 Days Tbill (MD 08/10/2026) IN002026Y014 | 0.31% |
| 364 Days Tbill (MD 10/12/2026) IN002025Z377 | 0.31% |
| 182 Days Tbill (MD 17/12/2026) IN002026Y113 | 0.30% |
| 364 Days Tbill (MD 07/01/2027) IN002025Z401 | 0.24% |
| 5.74% Government of India (15/11/2026) IN0020210186 | 0.15% |
| 182 Days Tbill (MD 29/10/2026) IN002026Y048 | 0.15% |
| 364 Days Tbill (MD 12/11/2026) IN002025Z336 | 0.15% |
| 364 Days Tbill (MD 26/11/2026) IN002025Z351 | 0.15% |
| 182 Days Tbill (MD 14/01/2027) IN002026Y154 | 0.15% |
| 91 Days Tbill (MD 22/10/2026) IN002026X164 | 0.09% |
| 182 Days Tbill (MD 19/11/2026) IN002026Y071 | 0.09% |
| 364 Days Tbill (MD 03/12/2026) IN002025Z369 | 0.08% |
| 364 Days Tbill (MD 02/10/2026) IN002025Z278 | 0.06% |
| 364 Days Tbill (MD 25/02/2027) IN002025Z476 | 0.06% |
| 364 Days Tbill (MD 19/03/2027) IN002025Z500 | 0.06% |
| 91 Days Tbill (MD 29/10/2026) IN002026X172 | 0.03% |
| 182 Days Tbill (MD 05/11/2026) IN002026Y055 | 0.03% |
From the fund house's monthly portfolio (njmutualfund.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.
Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 30 Nov 2021).
| Fund size (average AUM, July - September 2026) | ₹3,375 cr across all plans · this plan ₹0.04 cr |
| Fund house | NJ Mutual Fund |
| Category | Hybrid · Balanced Advantage |
| Plan | Direct |
| Option | IDCW |
| Expense ratio (TER) | Direct 1.12% · Regular 2.40% (5 Nov 2026) |
| 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 investment | ₹500 · additional ₹500 |
| Scheme code (AMFI) | 149265 |
| ISIN | INF0J8L01032 |
| NAV date | 6 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹14.6200 | +2.81% |
| Regular · Growth | ₹13.7000 | +1.48% |
| Regular · IDCW | ₹13.7000 | +1.48% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| quant Dynamic Asset Allocation Fund | -0.24% | +13.91% |
| Baroda BNP Paribas Balanced Advantage Fund | +5.47% | +13.26% |
| Aditya Birla Sun Life Balanced Advantage Fund | +8.12% | +13.20% |
| WhiteOak Capital Balanced Advantage Fund | +4.85% | +12.89% |
| ICICI Prudential Balanced Advantage Fund | +6.04% | +12.23% |
| HDFC Balanced Advantage Fund | +0.90% | +12.22% |
| Edelweiss Balanced Advantage Fund | +6.75% | +12.15% |
| DSP Dynamic Asset Allocation Fund | +6.10% | +12.15% |
All Balanced Advantage funds ranked › · Compare with others ›
Information only, not investment advice.
₹14.6200 as of 6 Nov 2026, from AMFI's official NAV data.
1 year: 2.81%, 3 years: 8.52% a year
Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.