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Unrated

Tata Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.30 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: 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 19.24 0.03 0.14 1.38 6.52 12.93 29.83 -- -- -- --
VR Balanced TRI 27.31 -0.28 -0.16 1.84 14.04 22.02 46.34 -- -- -- --
Hybrid: Dynamic Asset Allocation 17.84 0.07 0.13 1.37 6.51 13.50 28.48 -- -- -- --
Rank within category 7 13 12 9 12 12 8 -- -- -- --
Number of funds in category 25 27 27 27 26 26 25 17 12 10 0

As on 27-Oct-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 - Direct Plan  | Invest Online
Unrated
Jan-19 29.83 -- -- 0.31% 3,610
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 28.61 15.81 12.31 1.00% 35,737
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Aug-18 23.59 16.40 -- 0.46% 11,286
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 36.15 20.18 15.20 0.42% 5,845
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 31.94 15.62 11.81 0.61% 5,485

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 6.53 01-Apr-2020 - 09-Apr-2020 -10.68 16-Mar-2020 - 23-Mar-2020
Month 13.64 23-Mar-2020 - 22-Apr-2020 -19.42 20-Feb-2020 - 23-Mar-2020
Quarter 22.22 24-Mar-2020 - 23-Jun-2020 -18.59 23-Dec-2019 - 23-Mar-2020
Year 52.07 23-Mar-2020 - 23-Mar-2021 -11.52 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 17.41 18.03 0.75 0.87 -- --
Hybrid: Dynamic Asset Allocation* 12.65 12.25 0.71 0.77 0.62 0.41
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 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 67
Top 10 Holdings (%) 27.80
Top 5 Holdings (%) 16.82
Top 3 Sectors (%) 21.54
Portfolio P/B Ratio 3.05
Portfolio P/E Ratio 21.96
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
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 4.01 4.01
up Tata Ultra Short Term Fund Direct-G Mutual Fund -- 0.00 - 2.51 2.51
equal National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 2.62 2.09
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 1.53 1.41
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.86 1.15
equal 7.15% Muthoot Finance 25/11/2022 Zero Coupon Bonds AA+ 0.00 - 1.54 1.13
equal 8.30% Muthoot Finance 2022 Debenture AA 0.00 - 1.25 0.99
equal 6.44% Indian Oil Corporation 14/04/2023 Debenture AAA 0.85 - 2.66 0.85
equal 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 2.16 0.84
equal 8.20% Power Finance Corporation 2025 Bonds AAA 0.00 - 1.19 0.75
equal 6.92% REC 22/04/2023 Non Convertible Debenture AAA 0.00 - 1.84 0.71
equal 6.83% Power Finance Corporation 24/04/2023 Debenture AAA 0.00 - 1.14 0.71
equal 6.45% L&T Finance 2024 Non Convertible Debenture AAA 0.00 - 0.95 0.70
equal 5.84% Tata Capital Financial Services 17/03/2023 Debenture AAA 0.00 - 1.11 0.70
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 1.57 0.70
equal Varanasi Sangam Expressway 29/12/2034 Non Convertible Debenture AAA 0.00 - 0.76 0.70
equal 5.35% Telesonic Network 28/04/2023 Debenture AA+ 0.00 - 0.70 0.70
equal 5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024 Debenture AAA 0.00 - 1.04 0.69
equal 4.23% HDFC 18/02/2022 Debenture AAA 0.00 - 0.75 0.69
new 4.71% HDFC 2023 Non Convertible Debenture AAA 0.00 - 0.69 0.69
equal Indusind Bank 15/02/2022 Certificate of Deposit A1+ 0.00 - 1.00 0.68
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 1.07 0.68
equal Panatone Finvest 364-D 30/08/2022 Commercial Paper A1+ 0.00 - 0.72 0.67
equal 9.25% Tata Capital Financial Services 19/12/2023 Debenture AAA 0.00 - 0.49 0.45
equal 7.68% GOI 15/12/2023 GOI Securities SOV 0.44 - 1.39 0.44

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 26.10 5.48 2.54 3.96
up State Bank of India Financial 17.89 3.91 0.75 3.14
down Reliance Industries Energy 33.64 7.11 2.20 3.10
up Sun Pharmaceutical Industries Healthcare 32.28 2.60 0.00 2.60
equal Infosys Technology 34.31 4.98 1.75 2.25
up Tata Steel Metals 7.52 2.12 0.00 2.12
down Larsen & Toubro Construction 29.16 3.51 0.52 2.01
up Mahindra & Mahindra Automobile 47.02 1.99 0.00 1.99
up ITC FMCG 19.44 4.23 0.00 1.88
up Hindalco Inds. Metals 15.14 1.88 0.00 1.88
up Tata Power Company Energy 53.11 1.87 0.00 1.87
up Grasim Industries Construction 19.69 1.71 0.00 1.71
down Bharti Airtel Communication 357.70 4.36 0.00 1.65
up Bharat Petroleum Corporation Energy 5.37 1.74 0.00 1.55
up Tata Consultancy Services Technology 34.63 5.92 0.00 1.54
up Bajaj Auto Automobile 16.53 1.54 0.00 1.54
equal HDFC Bank Financial 25.78 4.89 1.44 1.50
up HDFC Financial 26.01 5.39 1.12 1.43
up ACC Construction 20.93 1.43 0.00 1.43
up Divi's Laboratories Healthcare 66.50 1.38 0.00 1.38
up Ultratech Cement Construction 33.69 2.58 0.00 1.35
equal HCL Technologies Technology 27.14 2.65 0.74 1.23
equal National Stock Exchange Financial -- 1.26 0.00 1.20
equal Adani Ports and Special Economic Zone Services 27.52 1.40 0.00 1.01
up Tech Mahindra Technology 29.25 2.25 0.00 1.00

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-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:


0.03%

Change from previous, NAV as on 27-Oct-2021

Growth: ₹ 15.4014

IDCW: ₹ 15.4014


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: 17.02%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 3,610 Cr (As on 30-Sep-2021)
Expense: 0.31% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: --
Turnover: 58.27%

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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