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NAV as of ( Sep 09, 2022 )
₹ 15.15 0.05 % 1-D Change
Earn upto 1.52% extra returns with Direct Plan
ET Money Rank
Not yet ranked
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||Not yet ranked|
|Expense ratio||1.83% As on May 31, 2022|
|AUM (Fund Size)||₹ 5,712 Crs|
|Age||3 yrs 8 m Since Jan 09, 2019|
|Benchmark||CRISIL Hybrid 50+50 Moderate Index|
|Min. Investment||This scheme is currently not buyable|
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You would have earned ₹ 1,001 in Direct Plan of this scheme
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 41.71%
Mid Cap 5.5%
Small Cap 1.42%
Other Cap 0%
Consumer Staples 6.4%
Housing Development Finance Corpn. Ltd. 1.75%
Rural Electrification Corpn. Ltd. 1.47%
Bajaj Finance Ltd. 1.12%
Cash & Call Money 2.7%
Bifurcation by Instrument is not available for this fund
Tata Ultra Short Term Fund Direct - Growth 2.98%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|HDFC Balanced Advantage Fund||18.83%|
|Baroda BNP Paribas Balanced Advantage Fund||18.39%|
|Edelweiss Balanced Advantage Fund||18.13%|
|Aditya Birla Sun Life Asset Allocator FoF||15.97%|
|Tata Balanced Advantage Fund||15.73%|
|ICICI Prudential Balanced Advantage Fund||14.47%|
|Tata Balanced Advantage Fund||13.8%|
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|Period||Trailing returns||Category average||Rank within category|
|1 month||1.13%||1.51%||14 / 20|
|3 months||8.04%||9.23%||15 / 19|
|6 months||5.1%||5.59%||12 / 19|
|1 year||5.07%||4.34%||6 / 19|
|3 years||13.8%||12.41%||5 / 17|
Level of Risk in the Scheme
Investors understand that their principal will be at Moderately High risk
HYBRID DYNAMIC ASSET ALLOCATION
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Mr. Jain is a Commerce Graduate and an MBA.
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.
Mr. 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.
As on Jun 30, 2022
The Tata Balanced Advantage Fund is a 3 yrs 8 m old fund and has delivered average annual returns of 12.13% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Tata Balanced Advantage Fund for Sep 09, 2022 is 15.15 .
Tata Balanced Advantage Fund Regular - Growth is the regular plan of the fund. For this plan of you pay 1.83% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.31%. That's 1.52% less.
Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.
So, the lower annual cost of the direct plan means you will earn 1.52% if you opt for direct plan of Tata Balanced Advantage Fund
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Tata Balanced Advantage Fund is 1.83%. .
Redeeming your investments in Tata Balanced Advantage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Tata Balanced Advantage Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Tata Balanced Advantage Fund is ₹5,712 Crs.
The Tata Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies
|Company||Percentage of Portfolio|
|ICICI Bank Ltd.||4.21%|
|Reliance Industries Ltd.||3.8%|
|Housing Development Finance Corpn. Ltd.||2.58%|
|Larsen & Toubro Ltd.||2.39%|
|Tata Consultancy Services Ltd.||2.3%|
|Axis Bank Ltd.||2.18%|
|HDFC Bank Ltd.||2.15%|
|Bharti Airtel Ltd.||2.01%|
|State Bank of India||1.89%|
|Grasim Industries Ltd.||1.85%|
The Tata Balanced Advantage Fund's equity portion is primarily invested in the following sectors -
|Sector||Percentage of Portfolio|
The credit rating of the instruments in which the fund invests represents the quality of the borrower.The Tata Balanced Advantage Fund's debt portion's allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
The top 3 debt holdings of Tata Balanced Advantage Fund are as follows
|Holding Name||Percentage of Portfolio|
|Housing Development Finance Corpn. Ltd.||1.75%|
|Rural Electrification Corpn. Ltd.||1.47%|