Nippon India Balanced Advantage Fund Growth is a Dynamic Asset Allocation mutual fund scheme from Nippon Life India Asset Management Ltd. The fund was launched on 15 November 2004 and is managed by Bhavik Dave, Amber Singhania, and Sushil Budhia. As of 15 October 2026, the fund has an AUM of ₹9,532.23 Cr and its latest NAV is ₹178.73. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹100.
The fund primarily invests in Financial Services, Consumer Cyclical, and Industrials and its top holdings include HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, and Reliance Industries Ltd. The fund has delivered -0.5% returns over the last 1 year, 8.5% annualised returns over 3 years, 7.4% annualised returns over 5 years, and 14.0% annualised returns since inception.
Nippon India Balanced Advantage Fund Growth may be suitable for investors looking for Dynamic Asset Allocation and who are comfortable with Very High Risk risk.






