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Unrated

Tata Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.33 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.36 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 4.80 0.25 -0.73 -0.57 2.40 14.58 33.02 -- -- -- --
VR Balanced TRI 4.08 0.19 -1.29 -1.56 1.27 20.89 52.11 -- -- -- --
Hybrid: Dynamic Asset Allocation 2.83 0.22 -0.76 -0.75 1.11 12.79 29.58 -- -- -- --
Rank within category 3 11 14 14 3 8 9 -- -- -- --
Number of funds in category 25 26 26 26 25 25 25 15 12 8 6

As on 16-Apr-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 33.02 -- -- 2.10 2,260
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 38.13 9.45 11.12 1.76 30,284
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 36.38 11.70 11.45 1.93 3,315
Nippon India Balanced Advantage Fund  | Invest Online
4 star
Nov-04 33.35 8.43 11.47 2.16 3,251
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
Feb-14 25.07 8.88 9.13 1.99 3,205

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 49.57 23-Mar-2020 - 23-Mar-2021 -13.13 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 14.30 18.13 0.54 0.62 -- --
Hybrid: Dynamic Asset Allocation* 8.41 12.35 0.31 0.36 0.63 -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 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 72
Top 10 Holdings (%) 25.68
Top 5 Holdings (%) 15.36
Top 3 Sectors (%) 22.65
Portfolio P/B Ratio 2.89
Portfolio P/E Ratio 27.00
Avg Credit Rating AA

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
new National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 2.22 2.22
up 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.86 1.86
equal 6.44% Indian Oil Corp. 14/04/2023 Debenture AAA 0.00 - 2.92 1.37
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 1.91 1.35
equal 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 2.16 1.34
new 8.20% Power Finance Corp. 2025 Bonds AAA 0.00 - 1.19 1.19
up 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 1.15 1.15
new 6.83% Power Finance Corp. 24/04/2023 Debenture AAA 0.00 - 1.14 1.14
equal 6.92% REC 22/04/2023 Non Convertible Debenture AAA 0.00 - 1.84 1.14
new 5.84% Tata Capital Financial Services 17/03/2023 Debenture AAA 0.00 - 1.11 1.11
equal 8.71% HDB Financial Services 17/05/2021 Bonds/NCDs AAA 0.00 - 2.02 1.11
equal Reserve Bank of India 13/05/2021 Treasury Bills SOV 0.00 - 1.56 1.10
new Reliance Industries 120-D 25/06/2021 Commercial Paper A1+ 0.00 - 1.10 1.10
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 1.57 1.09
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 1.07 1.07
equal 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 0.00 - 1.91 0.92
new HDFC Bank Debenture -- 0.00 - 3.74 0.82
equal 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 2.41 0.71
equal 7.70% Bajaj Finance 28/12/2022 Debenture AAA 0.00 - 1.11 0.69
equal 7.10% Bajaj Finance 2023 Debenture AAA 0.00 - 1.10 0.68
equal 7.15% Muthoot Finance 25/11/2022 Zero Coupon Bonds AA 0.00 - 0.96 0.67
new Can Fin Homes 365-D 23/06/2021 Commercial Paper A1+ 0.00 - 0.66 0.66
equal Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 0.75 0.66
equal Reserve Bank of India 26/08/2021 Treasury Bills SOV 0.00 - 0.75 0.65
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.28 0.65

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
up ICICI Bank Financial 26.57 5.48 2.54 4.20
up Infosys Technology 29.78 4.98 1.75 3.79
equal Bharti Airtel Communication -- 4.36 0.00 2.63
up Larsen & Toubro Construction 16.63 3.51 0.52 2.45
up State Bank of India Financial 13.08 3.91 0.75 2.29
up HDFC Financial 26.52 5.39 1.12 2.21
up Reliance Industries Energy 30.95 7.11 2.20 2.20
up HDFC Bank Financial 25.67 4.89 1.82 1.82
up Grasim Industries Construction 21.98 1.71 0.00 1.71
up Dr. Reddy's Lab Healthcare 37.41 1.91 0.00 1.67
down Tata Power Energy 27.30 1.75 0.00 1.51
equal Tata Steel Metals -- 1.46 0.00 1.45
up Tech Mahindra Technology 23.58 2.25 0.00 1.44
up Sun Pharmaceutical Inds. Healthcare 64.33 1.87 0.00 1.38
down Mahindra & Mahindra Automobile -- 1.96 0.00 1.36
up HCL Technologies Technology 20.79 2.65 0.74 1.32
up Power Grid Corporation Energy 10.89 1.67 0.00 1.27
equal Adani Ports and Special Economic Zone Services 37.98 1.40 0.00 1.27
down Tata Consultancy Services Technology 36.95 5.92 0.00 1.23
up BPCL Energy 22.36 1.62 0.00 1.19
up Tata Consumer Products FMCG 85.15 2.15 0.00 1.13
equal Ultratech Cement Construction 28.27 2.58 0.00 1.08
up ACC Construction 24.71 1.04 0.00 1.04
up Divi's Laboratories Healthcare 54.27 1.12 0.00 1.04
up NTPC Energy 13.22 1.83 0.00 0.99

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-Mar-2021

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:

— 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:

— 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:


0.25%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 13.0718

IDCW: ₹ 13.0718


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
Lock-in Period Not Applicable
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: 12.85%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,260 Cr (As on 31-Mar-2021)
Expense: 2.10% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --
Turnover: 122.61%

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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