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Tata Balanced Advantage Fund

Tata Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

17.07

as on 26 May 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,044 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

  • ₹ 15.855

    as on 26 May 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 6,473 Cr.

    as on 31 Mar 2023
  • 1.77%

  • 28 Jan 2019

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • Tata Mutual Fund

    Show All Funds

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 ₹ 15.855 as on 26 May 2023.

This fund has 4 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.77%. 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.
  • 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.
  • 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.
  • 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 Very 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 4.13% 5.42% 6.22% 25.12% 15.89% 30.25% 13.17% 14.32% 18.13% 15.81% 20.88% 17.21% 14.27%
Category Average 2.40% 3.69% 2.21% 11.69% 7.62% 14.87% 8.19% 11.47% 10.94% 7.13% 9.31% 9.50% 10.09%
Tata Balanced Advantage Fund 2.50%₹ 10,249 4.68%₹ 10,468 2.73%₹ 10,272 11.64%₹ 11,164 11.70%₹ 12,741 8.69%₹ 11,813 8.32%₹ 26,102 17.07%₹ 16,044 10.82%₹ 42,327 - - - -
HDFC Balanced Advantage Fund 2.18%₹ 10,217 5.42%₹ 10,541 3.64%₹ 10,364 19.88%₹ 11,988 18.13%₹ 13,139 15.89%₹ 13,429 15.81%₹ 28,048 30.25%₹ 22,094 20.88%₹ 48,836 13.17%₹ 18,574 17.21%₹ 92,169 14.32%₹ 38,192 14.27%₹ 2,52,973
ICICI Prudential Balanced Advantage Fund 2.24%₹ 10,223 3.56%₹ 10,356 2.99%₹ 10,299 11.32%₹ 11,131 10.71%₹ 12,680 9.13%₹ 11,909 8.84%₹ 26,236 19.03%₹ 16,865 11.54%₹ 42,775 10.20%₹ 16,260 11.58%₹ 80,248 12.19%₹ 31,622 10.98%₹ 2,12,232
Edelweiss Balanced Advantage Fund 3.36%₹ 10,335 4.32%₹ 10,432 1.94%₹ 10,193 11.38%₹ 11,137 11.58%₹ 12,734 7.94%₹ 11,651 6.97%₹ 25,757 18.28%₹ 16,545 10.46%₹ 42,105 10.81%₹ 16,713 11.96%₹ 81,004 11.12%₹ 28,726 10.90%₹ 2,11,338
Kotak Balance Advantage Fund 2.77%₹ 10,276 4.09%₹ 10,408 3.85%₹ 10,385 11.66%₹ 11,165 12.41%₹ 12,786 7.69%₹ 11,597 8.03%₹ 26,027 17.02%₹ 16,025 9.79%₹ 41,695 - - - -
Union Balanced Advantage Fund 2.27%₹ 10,226 3.40%₹ 10,340 2.46%₹ 10,246 9.42%₹ 10,941 9.38%₹ 12,596 5.63%₹ 11,158 5.83%₹ 25,465 16.28%₹ 15,721 7.95%₹ 40,580 9.61%₹ 15,831 9.82%₹ 76,814 - -

Portfolio Holdings

Portfolio holdings pattern of Tata Balanced Advantage Fund as on 28 May 2023 are listed below:

  • Equity Holdings:

    66.73%
  • Debt Holdings:

    30.92%
  • Others Holdings:

    2.35%

Top Sector Holdings of Tata Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 15.65% ₹ 1,013.41 Cr.
Computers - Software 4.64% ₹ 300.49 Cr.
Refineries/Marketing 4.57% ₹ 295.95 Cr.
Cement 4.25% ₹ 275.57 Cr.
Pharmaceuticals 3.50% ₹ 226.33 Cr.
Others 67.39% -

Top Stock Holdings of Tata Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 4.63% ₹ 299.98 Cr.
Reliance Industries Ltd. 3.94% ₹ 255.23 Cr.
Housing Development Finance Corporation Ltd. 3.36% ₹ 217.42 Cr.
HDFC Bank Ltd. 3.08% ₹ 199.39 Cr.
State Bank Of India 2.67% ₹ 172.94 Cr.
Others 82.32% -

Top Debt Instrument Type holdings of Tata Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 22.19% ₹ 1,434.11 Cr.
GOI 8.00% ₹ 517.86 Cr.
CD 0.73% ₹ 47.51 Cr.
Others 69.08% -

Top Debt Holdings of Tata Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 8.00% ₹ 517.86 Cr.
Bond - National Bank for Agriculture & Rural Development 3.04% ₹ 196.53 Cr.
Bond - Rural Electrification Corporation Limited 2.22% ₹ 142.57 Cr.
Bond - Housing Development Finance Corporation Ltd. 2.21% ₹ 143.37 Cr.
Bond - Power Finance Corporation Ltd. 2.11% ₹ 136.24 Cr.
Others 82.42%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 1.06%
Repo 1.06%
MF Units 0.23%