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Unrated

Tata Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.30 Lakh

Suitability:

When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.89 -0.55 -0.74 1.17 2.73 14.17 7.87 -- -- -- --
VR Balanced TRI -1.24 -1.10 -1.32 3.97 3.54 21.32 3.08 -- -- -- --
Hybrid: Dynamic Asset Allocation 3.17 -0.55 -0.46 2.11 2.72 14.33 5.47 -- -- -- --
Rank within category 7 13 20 23 14 14 8 -- -- -- --
Number of funds in category 23 25 25 25 25 25 23 15 12 7 6

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Balanced Advantage Fund - Regular Plan  | Invest Online
Unrated
Jan-19 7.87 -- -- 2.25 1,123
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 4.31 5.52 7.83 1.73 26,175
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
5 star
Feb-14 6.64 5.94 7.45 2.14 1,633
IDFC Dynamic Equity Fund - Regular Plan
4 star
Oct-14 8.71 6.21 7.10 2.34 1,018
L&T Balanced Advantage Fund  | Invest Online
5 star
Feb-11 9.93 6.91 6.00 2.40 764

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.50 (01-Apr-2020 - 09-Apr-2020) -10.72 (16-Mar-2020 - 23-Mar-2020)
Month 13.46 (23-Mar-2020 - 22-Apr-2020) -19.57 (20-Feb-2020 - 23-Mar-2020)
Quarter 21.71 (24-Mar-2020 - 23-Jun-2020) -18.98 (23-Dec-2019 - 23-Mar-2020)
Year 12.48 (19-Sep-2019 - 18-Sep-2020) -13.13 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 7.52 17.40 0.14 0.16 -- --
Hybrid: Dynamic Asset Allocation* 4.39 11.87 -0.06 -0.05 0.62 -2.21
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Holdings (%) 35.42
Top 5 Holdings (%) 22.46
Top 3 Sectors (%) 23.77
Portfolio P/B Ratio 2.33
Portfolio P/E Ratio 21.80
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal HDFC Bank Fixed Deposits -- 0.00 - 4.02 3.91
equal 6.44% Indian Oil Corp. 14/04/2023 Debenture AAA 0.00 - 2.92 2.76
new 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 2.41 2.41
equal 5.47% Power Finance Corp. 19/08/2023 Debenture AAA 0.00 - 2.29 2.22
equal HDFC Securities 180-D 19/01/2021 Commercial Paper A1+ 0.00 - 2.29 2.20
new 5.77% GOI 2030 GOI Securities SOV 0.00 - 2.19 2.19
new 6.65% Motherson Sumi Systems 14/09/2023 Non Convertible Debenture AAA 0.00 - 1.96 1.96
equal 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 0.00 - 1.91 1.85
equal Federal Bank Fixed Deposits -- 0.00 - 1.94 1.15
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.00 - 1.01 0.92
equal Sundaram Finance 2022 Zero Coupon Bonds AAA 0.00 - 0.93 0.91
equal 6.67% HDFC Life Insurance 29/07/2030 Debenture AAA 0.00 - 0.91 0.89
equal RBL Bank Fixed Deposits -- 0.00 - 0.81 0.67
equal Tata Medium Term Direct-G Mutual Fund -- 0.00 - 0.59 0.58
equal 6.59% IRFC 14/04/2023 Debenture AAA 0.00 - 0.63 0.55
equal 10.21% Bajaj Finance 22/08/2022 Debenture AAA 0.00 - 0.50 0.48
equal 6.97% GOI 2026 GOI Securities SOV 0.00 - 0.54 0.47
equal 7.55% REC 26/09/2023 Debenture AAA 0.45 - 0.55 0.47
equal 7.65% Jamnagar Utilities and Power 29/08/2022 Non Convertible Debenture AAA 0.44 - 0.53 0.46
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 0.51 0.46
equal 7.13% NHPC 2028 Debenture AAA 0.00 - 0.54 0.46
equal 7.13% NHPC 2030 Debenture AAA 0.00 - 0.54 0.46
equal 8.46% Maharashtra State 2021 State Development Loan SOV 0.00 - 0.48 0.45
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 0.48 0.45
equal 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 0.00 - 0.29 0.28

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Reliance Industries Energy 32.26 7.11 2.45 5.80
up ICICI Bank Financial 27.12 5.20 2.54 4.76
up Infosys Technology 25.66 4.98 1.75 4.19
up Bharti Airtel Communication -- 4.36 0.00 3.80
down HDFC Financial 15.82 5.39 1.12 2.93
up State Bank of India Financial 7.80 3.91 0.75 2.56
down HDFC Bank Financial 22.10 4.89 2.04 2.30
down Tata Consultancy Services Technology 32.26 5.92 0.00 2.08
equal HCL Technologies Technology 18.70 2.65 0.74 1.75
up Tata Consumer Products FMCG 89.47 2.15 0.00 1.64
up Mahindra & Mahindra Automobile -- 1.96 0.00 1.47
down Ultratech Cement Construction 21.94 2.58 0.00 1.44
up Power Grid Corporation Energy 10.54 1.67 0.00 1.39
up BPCL Energy 21.38 1.62 0.00 1.31
up Larsen & Toubro Construction 11.54 3.51 0.52 1.26
up Persistent Systems Technology 24.37 1.23 0.00 1.23
down PI Industries Chemicals 55.08 1.58 0.57 1.17
equal Gujarat State Petronet Energy 6.86 1.33 0.00 1.14
equal Tata Power Energy 15.75 1.29 0.00 1.14
down NTPC Energy 14.84 1.83 0.00 1.08
up Laurus Labs Healthcare 42.98 1.03 0.00 1.03
up Amber Enterprises Cons Durable 98.87 1.03 0.00 1.03
down Crompton Greaves Consumer Electricals Cons Durable 38.07 1.22 0.00 0.99
equal Sun Pharmaceutical Inds. Healthcare 151.82 1.87 0.00 0.95
equal Cipla Healthcare 37.34 1.00 0.00 0.92

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Rahul Singh since 09-Jan-2019

Education: Mr. Singh is B.Tech & PGDBM

Experience: Prior to Tata AMC, he has worked with Ampersand Capital Investment Advisors LLP, Standard Chartered Securities and Citigroup Global Markets India.

Funds Managed:

— Sailesh Jain since 09-Jan-2019

Education: Mr. Jain is a Commerce Graduate and an MBA.

Experience: Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.

Funds Managed:

— Akhil Mittal since 09-Jan-2019

Education: Mr. Mittal is B.Com (H) and MBA from University Business School.

Experience: Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.

Funds Managed:


-0.55%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 11.4314

Dividend: ₹ 11.4314


Investment Strategy

The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 150
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load For units in excess of 12% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 28-Jan-2019
Return Since Launch: 7.94%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,123 Cr (As on 30-Sep-2020)
Expense: 2.25% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: 150.19%

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: http://www.tatamutualfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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