How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

Nippon India Balanced Advantage Fund-Growth Plan-Bonus Option - Investment Information

About This Fund

Nippon India Balanced Advantage Fund-Growth Plan-Bonus Option The scheme aims to generate optimal returns by investing in equity & equity related instruments of Indian companies primarily drawn from BSE 200.

Investment Details

Fund size

₹9,597.81 Cr.

Min. Investment

₹100

Min. Sip Inv.

₹100

Min. Addl Inv.

₹100

Expense Ratio

1.76%

Turn over

334%

Exit Load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.

Basic Details

AMC Information

All Funds from Nippon

AMC

Nippon India Mutual Fund

customercare@nipponindiaim.in

Office No

022-6808 7000

Website

https://mf.nipponindiaim.com

Address

Registered Office: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400 013

All Funds from Nippon

Monthly SIP

One Time

SIP Amount

₹

Monthly SIP Date

Fund Suspended: Currently this fund is not available for Investments.

Nippon India Balanced Advantage Fund-Growth Plan-Bonus Option

Suitabilty Test For Finding this Fund is Suitable or Not for User.

Is This Mutual Fund Right for You?

+10k investors used our Suitability Test to get better returns

Fund Suitability Test

Let's Get Started.

Need Help? Let’s Connect

Frequently Asked Questions

Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.