ReviewDirect · Growth
NJ Balanced Advantage Fund
NJ Mutual FundHybrid Schemes - Balanced Advantage Fund/ Dynamic Asset Allocation4.9 years
The scheme seeks to generate capital appreciation by dynamically allocating its assets between equity and specified debt securities.
- NAV
- 14.31
- 16 Sept 2026
- 1Y
- -2.1%
- Trailing CAGR
- AUM
- ₹3,385.33 Cr
- 31 Aug 2026
- Volatility
- Medium
- 8.1% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.1%
- 3Y+7.9%
- 5Yn/a
- 10Yn/a
- SI+7.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.1%
- 3Y+2.7%
- 5Yn/a
- 10Yn/a
- Since inception
- +7.6%
- Calendar-day CAGR
- Excess 1Y
- -4.6%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 9
- Vs comparable share classes
- Worst rolling 3Y
- +7.8%
- 461 daily-ending windows
- Median rolling 3Y
- +12.1%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- +2.7%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 48 recovered episodes
- Longest recovery
- 163 days
- Trough to prior peak
- Current spell
- 743 days
- Days below latest peak
- Time below peak
- +86%
- NAV observations
3 Sept 2024 – open
Trough 7 Apr 2025 · not recovered
-14.7%
13 Jan 2022 – 30 Nov 2022
Trough 20 Jun 2022 · recovered in 163 days
-10.6%
14 Dec 2022 – 4 May 2023
Trough 23 Dec 2022 · recovered in 132 days
-4.1%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-3.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
9
Vs category
21
Consistency
17
Risk-adjusted
41
Drawdown
63
Mean
30
Portfolio
31 Aug 2026 · 141 holdings · top 10 are 61.7%.
- Top 5
- 45.9%
- Top 10
- 61.7%
- Largest holding
- 27.9%
- Effective holdings
- 10.0
Net Receivables
Unspecified
27.9%
HDFC Bank Ltd
Financial
5.2%
Reliance Industries Ltd
Energy & Utilities
4.8%
ICICI Bank Ltd
Financial
4.3%
Bosch Ltd
Consumer Discretionary
3.8%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 16 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Mirae Asset Balanced Advantage Fund
Mirae Asset Mutual Fund
- 1Y
- +3.6%
- 3Y
- +9.6%
- Vol
- 7.0%
- Max DD
- -7.5%
- Sharpe
- 0.79
- 3Y win
- +69%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
WhiteOak Capital Balanced Advantage Fund
WhiteOak Capital Mutual Fund
- 1Y
- +4.2%
- 3Y
- +11.7%
- Vol
- 7.8%
- Max DD
- -9.6%
- Sharpe
- 1.02
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HSBC Balanced Advantage Fund
HSBC Mutual Fund
- 1Y
- +1.4%
- 3Y
- +9.1%
- Vol
- 6.6%
- Max DD
- -8.7%
- Sharpe
- 0.76
- 3Y win
- +1%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Mahindra Manulife Balanced Advantage Fund
Mahindra Manulife Mutual Fund
- 1Y
- +2.9%
- 3Y
- +10.4%
- Vol
- 9.5%
- Max DD
- -9.8%
- Sharpe
- 0.55
- 3Y win
- +92%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Axis Balanced Advantage Fund
Axis Mutual Fund
- 1Y
- +2.5%
- 3Y
- +11.2%
- Vol
- 8.2%
- Max DD
- -17.2%
- Sharpe
- 0.58
- 3Y win
- +46%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown