Nippon India Balanced Advantage Fund
Nippon India Mutual Fund·Dynamic Asset Allocation Fund·vs CRISIL Hybrid 50+50
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹176.1002 | -0.20% | — | — | — | — | — |
| Regular Growth | ₹176.1002 | -0.20% | -2.76% | -2.98% | +1.59% | +10.91% | +9.84% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
148
Top 5 Weight
18.54%
Top 10 Weight
29.93%
Active Share
—
Large Cap
51.47%
Gini
0.513
What Changed2026-03-31 → 2026-04-30
Holdings: 150 → 152+13 added−11 removed26 weight shifts ≥ 0.1%
| 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
Banks16.9%
SOVEREIGN4.8%
IT - Software4.4%
Power4.2%
Finance4.0%
Automobiles3.9%
CRISIL AAA3.9%
Realty3.5%
Petroleum Products3.2%
Retailing3.1%
Top 10 sectors by % to NAV. Excludes derivatives.