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Tata Balanced Advantage Fund

Tata Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

11.80

as on 31 Jan 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,977 today.

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NAV Performance

Tata Balanced Advantage Fund performance graph for last 3 years
Performance of Tata Balanced Advantage Fund for last 3 Years

Fund Information

Highlights of this fund

Tata Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 28 Jan 2019. This fund is offered by one of the top AMC (Assets Management Company) Tata Mutual Fund. You can also view here all other Hybrid funds offered by Tata Mutual Fund.

Latest NAV of the fund is ₹ 15.186 as on 31 Jan 2023.

This fund has 4 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.1%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 150. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.

List of Fund Managers of Tata Balanced Advantage Fund

  • About Akhil Mittal

    Picture of Akhil MittalMr. Mittal is B.Com (H) and MBA from University Business School. Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.
  • About Sailesh Jain

    Picture of Sailesh JainSailesh Jain carries a rich experience of more than 16 years in both fund management and broking, He joined Tata Asset Management in November 2018 as the Fund Manager (Equities). He holds an MBA degree in Finance from Queensland University of Technology in Australia.
  • About Rahul Singh

    Picture of Rahul SinghMr. Singh is B.Tech & PGDBM Prior to Tata AMC, he has worked with Ampersand Capital Investment Advisors LLP, Standard Chartered Securities and Citigroup Global Markets India.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 1.04% 3.92% 8.41% 25.12% 22.09% 17.48% 10.60% 12.84% 15.65% 16.12% 22.24% 16.40% 14.05%
Category Average -0.97% -0.61% 2.68% 4.53% 8.73% 9.14% 7.15% 10.76% 4.15% 4.93% 8.92% 8.60% 9.95%
Tata Balanced Advantage Fund -0.89%₹ 9,910 -0.64%₹ 9,935 2.98%₹ 10,298 4.17%₹ 10,417 4.91%₹ 12,318 10.27%₹ 12,166 6.21%₹ 25,574 11.80%₹ 13,977 10.69%₹ 42,275 - - - -
Edelweiss Balanced Advantage Fund -1.31%₹ 9,869 -1.23%₹ 9,877 2.23%₹ 10,223 0.98%₹ 10,097 2.73%₹ 12,178 9.75%₹ 12,051 4.37%₹ 25,103 12.93%₹ 14,406 10.35%₹ 42,066 9.57%₹ 15,796 11.15%₹ 79,443 11.05%₹ 28,541 10.62%₹ 2,08,281
ICICI Prudential Balanced Advantage Fund -0.68%₹ 9,931 -0.15%₹ 9,984 3.63%₹ 10,363 6.21%₹ 10,621 6.76%₹ 12,437 11.37%₹ 12,411 7.87%₹ 25,999 11.21%₹ 13,757 12.14%₹ 43,176 9.42%₹ 15,685 11.15%₹ 79,448 11.69%₹ 30,224 10.98%₹ 2,12,326
Aditya Birla Sun Life Balanced Advantage Fund -0.94%₹ 9,906 -0.27%₹ 9,973 3.36%₹ 10,335 3.57%₹ 10,356 5.21%₹ 12,338 8.82%₹ 11,847 5.20%₹ 25,315 10.36%₹ 13,445 10.07%₹ 41,891 8.09%₹ 14,754 9.72%₹ 76,669 - -
HDFC Balanced Advantage Fund -0.69%₹ 9,930 1.56%₹ 10,156 8.41%₹ 10,840 12.91%₹ 11,290 15.65%₹ 12,999 22.09%₹ 14,923 16.12%₹ 28,156 17.48%₹ 16,223 22.24%₹ 49,831 10.60%₹ 16,551 16.40%₹ 90,449 12.84%₹ 33,497 14.05%₹ 2,50,195
Union Balanced Advantage Fund -0.72%₹ 9,928 -0.33%₹ 9,967 2.07%₹ 10,207 2.48%₹ 10,248 3.63%₹ 12,236 5.79%₹ 11,195 3.68%₹ 24,928 11.01%₹ 13,682 8.37%₹ 40,858 8.92%₹ 15,331 9.42%₹ 76,088 - -

Portfolio Holdings

Portfolio holdings pattern of Tata Balanced Advantage Fund as on 02 Feb 2023 are listed below:

  • Equity Holdings:

    67.37%
  • Debt Holdings:

    26.60%
  • Others Holdings:

    4.56%

Top Sector Holdings of Tata Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 10.01% ₹ 420.46 Cr.
Computers - Software 6.95% ₹ 291.95 Cr.
Pharmaceuticals 6.39% ₹ 267.77 Cr.
Cement 5.49% ₹ 230.64 Cr.
Refineries/Marketing 3.35% ₹ 140.75 Cr.
Others 67.81% -

Top Stock Holdings of Tata Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
State Bank Of India 2.97% ₹ 124.83 Cr.
Tata Consultancy Services Ltd. 2.86% ₹ 120.13 Cr.
ICICI Bank Ltd. 2.66% ₹ 111.65 Cr.
Reliance Industries Ltd. 2.46% ₹ 103.35 Cr.
Sun Pharmaceutical Industries Ltd. 2.43% ₹ 102.02 Cr.
Others 86.62% -

Top Debt Instrument Type holdings of Tata Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 15.96% ₹ 670.02 Cr.
GOI 8.64% ₹ 362.80 Cr.
CD 1.18% ₹ 49.72 Cr.
CP 0.58% ₹ 24.20 Cr.
T-Bills 0.24% ₹ 9.98 Cr.
Others 73.40% -

Top Debt Holdings of Tata Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 8.64% ₹ 362.80 Cr.
Bond - National Bank for Agriculture & Rural Development 3.21% ₹ 135.25 Cr.
Bond - Power Finance Corporation Ltd. 1.87% ₹ 78.58 Cr.
Bond - Muthoot Finance Pvt. Ltd. 1.82% ₹ 76.07 Cr.
Bond - Rural Electrification Corporation Limited 1.45% ₹ 61.02 Cr.
Others 83.01%

Other Holdings

Holding TypeHolding Percentage
TREPS 2.98%
MF Units 2.18%
InvITs 0.60%
Repo 0.50%
FD 0.04%