Nippon India Balanced Advantage Fund
The fund is aggressively positioned for equity upside at nearly 75%, signaling confidence in market strength despite the hybrid mandate. Banking sector concentration exceeds 16%, reflecting conviction in financial stocks, while tactical shifts toward liquidity instruments suggest the manager is hedging near-term volatility. The rotation away from insurance and telecom infra into pharmaceuticals and healthcare names indicates a subtle pivot toward defensive growth plays.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹176.9771 | -0.90% | — | — | — |
| Regular Growth | ₹176.9771 | -0.90% | +1.15% | +11.01% | +9.95% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| LIC Housing Finance Limited | 0.58% |
| Sun Pharmaceutical Industries Limited | 0.56% |
| Voltas Limited | 0.44% |
| Krishna Institute Of Medical Sciences Limited | 0.33% |
| Brigade Enterprises Limited | 0.29% |
| Piramal Finance Limited | 0.27% |
| Vedanta Aluminium Metal Limited** | 0.11% |
| Talwandi Sabo Power Limited** | 0.01% |
| Malco Energy Limited** | 0.01% |
| Vedanta Iron And Steel Limited** | 0.01% |
| 7.91% State Government Securities | 0.15% |
| 7.04% Small Industries Dev Bank of India** | 0.77% |
| 7.44% National Bank For Agriculture and Rural Development | 0.52% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 5.27% |
| 2 | HDFC Bank Limited INE040A01034 | 5.19% |
| 3 | Triparty Repo | 3.29% |
| 4 | Reliance Industries Limited INE002A01018 | 2.75% |
| 5 | State Bank of India INE062A01020 | 2.68% |
| 6 | Bharti Airtel Limited INE397D01024 | 2.65% |
| 7 | Infosys Limited INE009A01021 | 2.46% |
| 8 | Axis Bank Limited INE238A01034 | 2.45% |
| 9 | NTPC Limited INE733E01010 | 2.27% |
| 10 | Mahindra & Mahindra Limited INE101A01026 | 2.11% |
| 11 | Larsen & Toubro Limited INE018A01030 | 2.10% |
| 12 | Bajaj Finance Limited INE296A01032 | 1.81% |
| 13 | 7.48% National Bank For Agriculture and Rural Development INE261F08EO7 | 1.55% |
| 14 | Cube Highways Trust-InvIT Fund INE0NR623014 | 1.48% |
| 15 | Kotak Mahindra Bank Limited INE237A01036 | 1.32% |
| 16 | Eternal Limited INE758T01015 | 1.25% |
| 17 | Mindspace Business Parks REIT INE0CCU25019 | 1.25% |
| 18 | Net Current Assets | 1.24% |
| 19 | FSN E-Commerce Ventures Limited INE388Y01029 | 1.20% |
| 20 | ITC Limited INE154A01025 | 1.17% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Nippon India Balanced Advantage Fund hold?
Nippon India Balanced Advantage Fund holds 148 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 18.54% of NAV.
What is the largest holding in Nippon India Balanced Advantage Fund?
The largest position in Nippon India Balanced Advantage Fund is ICICI Bank Limited, accounting for 5.27% of NAV in the Banks sector.
Is Nippon India Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.513, Nippon India Balanced Advantage Fund is moderately concentrated. The HHI concentration index is 14,965 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 18.54% of the portfolio.
What is the market cap allocation of Nippon India Balanced Advantage Fund?
Based on SEBI's AMFI classification, Nippon India Balanced Advantage Fund's equity portfolio is split as: Large Cap: 51.47%, Mid Cap: 12.48%, Small Cap: 4.61%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Nippon India Balanced Advantage Fund invest in most?
Nippon India Balanced Advantage Fund has the highest allocation to Banks (16.91%), SOVEREIGN (4.77%), IT - Software (4.36%). The fund is invested across 51 sectors in total.
How actively managed is Nippon India Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Nippon India Balanced Advantage Fund has an Active Share of 54.02%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Nippon India Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Nippon India Balanced Advantage Fund added 13 new stocks (including LIC Housing Finance Limited) and exited 11 stocks (including Nippon India Liquid Fund-Direct Growth Plan). Total holding count increased from 150 to 152 stocks.