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NJ Balanced Advantage Fund

Understanding Rule-Based Investing

  • Select Time Tested Attributes
  • Determine Criteria To Identify These Attributes
  • Specify Measures And Limits
  • Define Rules
  • Test And Validate Rules For Efficiency
  • Combine Complementary Rules To Form A Protocol
  • Use The Protocol To Allocate Assets, Select Stocks And Assign Weights
Understanding Rule Based Investing

Benefits of Rule-Based Investing

benefits of rule-based investing
Selection of securities is on a predefined set of rules, eliminating human bias
Advantage of rule-based investing
The Investment Process Is Pre-tested For Performance And Volatility In Various Scenarios
Pros of Rule-Based Investing
The portfolio stays
"True to Label" at all times

Investment Process

Rule-Based
Asset Allocation Process Allocation Process
Stock Selection Process Selection Process

Investor Asset Allocation Quandary

Asset Allocation Quandary
Asset Allocation Quandary

Why invest in NJ Balanced Advantage Fund?

  • all weather fund
    All Weather Fund
    Works Efficiently Across Various Market Cycles
  • Avoids text events
    Avoids Tax Events
    Minimal tax exposure
  • Rule based investment approach
    Adheres To The Rule-Based
    Investment Approach
    Eliminates Human Bias In Decision Making
  • Manages volatility through periodic rebalancing
    Manages Volatility
    Through Periodic Rebalancing
    Targets Better Risk Adjusted Returns

What's different about NJ BALANCED ADVANTAGE FUND?

Rule-based asset allocation

Rule-based stock selection using factor-based analysis

Disciplined and time bound rebalancing, eliminating human bias

Diversification opportunity at style and portfolio levels

Asset Allocation

Equity & Equity related instruments including Derivatives :
0% to 100%
Specified Debt Securities* :
0% to 100%
*TREPS (or any similar instrument), Government Repo / Reverse Repo (in Government Securities), Treasury bills, Government securities (Issued by both Central and State governments) and any other like instruments as specified by the Reserve Bank of India from time to time and approved by SEBI from time to time.
Asset Allocation
Fortnightly Asset Allocation for NJ BAF

Date Equity Futures - Long Arbitrage Debt Total
15-Apr-23 60.08% 0.17% 23.88% 16.04% 100%
30-Apr-23 60.05% 0.00% 21.63% 18.32% 100%
15-May-23 61.25% 0.00% 22.29% 16.46% 100%
31-May-23 61.50% 0.00% 19.82% 18.68% 100%
15-Jun-23 62.04% 0.00% 21.21% 16.75% 100%
30-Jun-23 62.20% 0.00% 19.72% 18.08% 100%
15-Jul-23 57.43% 0.00% 20.47% 22.10% 100%
31-Jul-23 57.90% 0.00% 22.27% 19.83% 100%
15-Aug-23 57.76% 0.00% 23.47% 18.77% 100%
31-Aug-23 57.91% 0.00% 24.15% 17.94% 100%
15-Sep-23 58.84% 0.00% 24.53% 16.63% 100%
30-Sep-23 57.93% 0.65% 24.97% 17.10% 100%
15-Oct-23 48.55% 1.72% 25.26% 26.19% 100%
31-Oct-23 49.79% 0.00% 21.25% 28.96% 100%
15-Nov-23 51.22% 0.00% 21.64% 27.15% 100%
30-Nov-23 51.77% 0.00% 21.55% 26.68% 100%
15-Dec-23 53.74% 0.00% 35.80% 10.46% 100%
31-Dec-23 54.02% 0.21% 37.83% 8.15% 100%
15-Jan-24 48.55% 0.00% 39.71% 11.74% 100%
31-Jan-24 48.74% 0.00% 41.53% 9.73% 100%
15-Feb-24 49.75% 0.00% 40.87% 9.38% 100%
29-Feb-24 47.37% 2.12% 37.76% 14.87% 100%
15-Mar-24 46.93% 2.25% 39.33% 13.74% 100%
31-Mar-24 47.53% 1.85% 37.75% 14.72% 100%

Date Equity Futures - Long Arbitrage Debt Total
15-Apr-22 53.09% 1.51% 29.45% 17.46% 100%
30-Apr-22 51.86% - 25.23% 22.91% 100%
15-May-22 48.15% 0.50% 23.97% 27.88% 100%
31-May-22 48.68% 0.44% 22.70% 28.62% 100%
15-Jun-22 47.96% 0.44% 22.12% 29.92% 100%
30-Jun-22 47.68% 0.30% 20.53% 31.79% 100%
15-July-22 59.44% 0.38% 21.10% 19.46% 100%
31-July-22 60.70% 0.42% 20.34% 18.96% 100%
15-Aug-22 60.71% 0.44% 21.14% 18.15% 100%
31-Aug-22 61.17% 0.44% 21.25% 17.58% 100%
15-Sep-22 61.96% 0.42% 21.96% 16.35% 100%
30-Sep-22 60.46% 0.47% 20.35% 19.19% 100%
15-Oct-22 58.02% 0.00% 23.63% 18.35% 100%
31-Oct-22 59.18% 0.00% 15.08% 25.74% 100%
15-Nov-22 59.5% 0.25% 17.93% 22.57% 100%
15-Nov-22 59.5% 0.25% 17.93% 22.57% 100%
30-Nov-22 59.63% 0.23% 16.24% 24.13% 100%
15-Dec-22 59.85% 0.21% 20.40% 19.75% 100%
31-Dec-22 59.38% 0.20% 18.76% 21.86% 100%
15-Jan-23 53.33% 0.09% 20.00% 26.67% 100%
31-Jan-23 50.07% 0.08% 21.81% 28.12% 100%
15-Feb-23 52.41% 0.07% 22.12% 25.47% 100%
28-Feb-23 51.76% 0.06% 22.08% 26.16% 100%
15-Mar-23 51.51% 0.55% 22.03% 26.46% 100%
31-Mar-23 50.17% 1.88% 22.84% 26.99% 100%

Date Equity Futures - Long Arbitrage Debt Total
15-Nov-21 26.58% - 10.09% 63.33% 100%
30-Nov-21 36.57% - 48.93% 14.50% 100%
15-Dec-21 51.43% - 37.93% 10.64% 100%
31-Dec-21 52.68% - 36.67% 10.65% 100%
15-Jan-22 56.39% - 35.02% 8.59% 100%
31-Jan-22 54.90% - 34.70% 10.40% 100%
15-Feb-22 54.43% - 33.76% 11.81% 100%
28-Feb-22 53.78% - 33.86% 12.36% 100%
15-Mar-22 70.02% - 7.70% 22.28% 100%
31-Mar-22 54.33% 15.80% 26.02% 19.65% 100%

Fund Features

Type of scheme An open-ended dynamic asset allocation fund
Plan & Options Regular Plan & Direct Plan

Each Plan offers following two Options
(i) Growth Option and
(ii) Payout of Income Distribution cum Capital withdrawal Option (IDCW)
Minimum Amount Lumpsum Investment: Rs.500/- and in multiples of Rs.1/- thereof
Additional Application: Rs.500/- and in multiples of Rs.1/- thereof
SIP Application: Rs.100/- and in multiples of Rs.1/- thereafter
Minimum Redemption Amount There is no minimum redemption criteria
Entry Load Not applicable
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.
Benchmark Index NIFTY 50 Hybrid Composite Debt 50:50 Index
Fund Manager Mr. Viral Shah
Mr. Vishal Ashar (Arbitrage)
Asst. Fund Manager Mr. Dhaval Patel

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Contact Us

Office address :
Unit No. 101A, 1st Floor, Hallmark Business Plaza, Bandra (East), Mumbai - 400051, Maharashtra.

Mail us at :
customercare@njmutualfund.com

Investors can lodge complaints as per the Online Dispute Resolution Methodology on the Online Dispute Resolution portal

Contact Number :
1860 500 2888 / 040-49763510
(Monday to Saturday from 9 am to 7 pm)

NJ Balanced Advantage Fund Riskometer

The riskometer is based on the portfolio of February 29, 2024 and is subject to periodic review and change, log onto www.njmutualfund.com for updates.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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