VR Logo

Unrated

Tata Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.42 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.38 -0.35 -0.42 4.93 10.87 15.59 17.10 -- -- -- --
VR Balanced TRI 3.75 -0.31 -0.01 8.08 19.00 26.15 19.03 -- -- -- --
Hybrid: Dynamic Asset Allocation 1.86 -0.26 -0.43 4.33 10.55 14.54 13.00 -- -- -- --
Rank within category 7 22 15 8 12 12 5 -- -- -- --
Number of funds in category 25 25 25 25 25 25 24 16 12 7 7

As on 21-Jan-2021

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 17.10 -- -- 2.21 1,420
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 12.89 8.70 11.82 1.74 28,546
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 15.35 8.16 12.84 2.10 2,596
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
Feb-14 12.96 8.65 10.04 2.01 2,251
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 24.76 10.70 11.95 2.05 2,221

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 17.76 (08-Jan-2020 - 07-Jan-2021) -13.13 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 11.89 18.30 0.39 0.46 -- --
Hybrid: Dynamic Asset Allocation* 6.78 12.40 0.16 0.19 0.62 -2.41
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 31-Dec-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 62
Top 10 Holdings (%) 32.15
Top 5 Holdings (%) 20.18
Top 3 Sectors (%) 24.94
Portfolio P/B Ratio 2.87
Portfolio P/E Ratio 25.32
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal HDFC Bank Fixed Deposits -- 0.00 - 4.02 2.95
equal 6.44% Indian Oil Corp. 14/04/2023 Debenture AAA 0.00 - 2.92 2.20
new 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 2.16 2.16
new 6.92% REC 22/04/2023 Non Convertible Debenture AAA 0.00 - 1.84 1.84
equal 8.71% HDB Financial Services 17/05/2021 Bonds/NCDs AAA 0.00 - 2.02 1.79
equal 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 0.00 - 1.91 1.48
equal 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 2.41 1.15
new 7.70% Bajaj Finance 28/12/2022 Debenture AAA 0.00 - 1.11 1.11
new 7.10% Bajaj Finance 2023 Debenture AAA 0.00 - 1.10 1.10
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.28 1.06
equal Federal Bank Fixed Deposits -- 0.00 - 1.94 0.91
equal 8.13% GOI 21/09/2022 Central Government Loan SOV 0.00 - 0.92 0.75
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.00 - 1.01 0.73
equal Sundaram Finance 2022 Zero Coupon Bonds AAA 0.00 - 0.93 0.73
equal 6.67% HDFC Life Insurance 29/07/2030 Debenture AAA 0.00 - 0.91 0.70
equal Tata Medium Term Direct-G Mutual Fund -- 0.00 - 0.59 0.47
equal 6.59% IRFC 14/04/2023 Debenture AAA 0.00 - 0.63 0.44
equal 6.97% GOI 2026 GOI Securities SOV 0.00 - 0.54 0.38
equal 10.21% Bajaj Finance 22/08/2022 Debenture AAA 0.00 - 0.50 0.38
equal 7.55% REC 26/09/2023 Debenture AAA 0.38 - 0.55 0.38
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 0.42 0.38
equal 7.65% Jamnagar Utilities and Power 29/08/2022 Non Convertible Debenture AAA 0.37 - 0.53 0.37
equal 7.13% NHPC 2028 Debenture AAA 0.00 - 0.54 0.37
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 0.51 0.36
new 5.32% National Housing Bank 2023 Non Convertible Debenture AAA 0.00 - 0.36 0.36

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

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Bank Financial 27.41 5.48 2.54 5.15
down Infosys Technology 30.69 4.98 1.75 4.29
down Reliance Industries Energy 34.81 7.11 2.45 3.76
up Bharti Airtel Communication -- 4.36 0.00 3.57
down HDFC Financial 29.66 5.39 1.12 3.39
down HDFC Bank Financial 26.48 4.89 2.04 2.45
down State Bank of India Financial 11.21 3.91 0.75 2.22
down Larsen & Toubro Construction 16.93 3.51 0.52 1.84
equal HCL Technologies Technology 20.40 2.65 0.74 1.70
down Tata Consultancy Services Technology 39.33 5.92 0.00 1.37
down Sun Pharmaceutical Inds. Healthcare 95.11 1.87 0.00 1.37
equal Mahindra & Mahindra Automobile -- 1.96 0.00 1.33
equal Tata Power Energy 24.84 1.29 0.00 1.28
down Adani Ports and Special Economic Zone Services 29.04 1.19 0.00 1.19
up Tata Steel Metals -- 1.19 0.00 1.19
down Tata Consumer Products FMCG 87.25 2.15 0.00 1.18
down Maruti Suzuki India Automobile 60.07 1.86 0.00 1.17
up Tech Mahindra Technology 24.38 2.25 0.00 1.15
equal Ultratech Cement Construction 26.73 2.58 0.00 1.14
down Dr. Reddy's Lab Healthcare 52.21 1.91 0.00 1.07
equal Power Grid Corporation Energy 10.86 1.67 0.00 1.01
up Cipla Healthcare 35.62 1.01 0.00 1.01
down BPCL Energy 20.95 1.62 0.00 1.01
equal Amber Enterprises Cons Durable 130.64 1.07 0.00 0.94
equal ABB Engineering 125.28 0.92 0.00 0.91

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 31-Dec-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:


-0.35%

Change from previous, NAV as on 21-Jan-2021

Growth: ₹ 12.7692

Dividend: ₹ 12.7692


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: 13.12%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,420 Cr (As on 31-Dec-2020)
Expense: 2.21% (As on 31-Dec-2020)
Risk Grade: --
Return Grade: --
Turnover: 138.50%

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

Upcoming Video

VR Helpline

Will this bull run continue?

dateSaturday, 23-Jan-2021
time04:00 PM - 04:30 PM