Tata Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 20.44 as on 22-04-2024
Fund Performance
2678 people have invested ₹ 3.6Cr in Tata Balanced Advantage Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.59% return, outperforming this fund by 11.87% per annum.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 19.08% return, outperforming this fund by 4.56% per annum.
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 60.82% return, outperforming this fund by 37.06%.
Over the last 6 months, this fund has decreased expense ratio by 9.4% moving from 0.32 to 0.29.
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.29% which is lower than the category average expense ratio of 1.14%.
Over the last 6 months, this fund has experienced a 16.5% growth in AUM moving from 7.67K Cr to 8.94K Cr.
INDmoney Rank of Tata Balanced Advantage Fund Direct Growth
Powered by IND quant engine
1
/15
24% Performance
78% Risk Management
100% Cost
1 out of 15 among dynamic asset allocation
About the Tata Balanced Advantage Fund Direct Growth
Tata Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 29 January, 2019. The fund is managed by Rahul Singh, Akhil Mittal, Sailesh Jain. This fund gives you the benefit of diversification.
Key Parameters
- Tata Balanced Advantage Fund Direct Growth has ₹8943 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.3.
Tata Balanced Advantage Fund Direct Growth Overview
 | 0.29% |
 Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
 | ₹8943 Cr |
 | 29 January, 2019 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 56.3% |
Tata Balanced Advantage Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
60.3%
Mid cap
5.4%
Small cap
1.7%
Sector Allocation
Financial Services
27.3%
Industrial
11.3%
Basic Materials
9.5%
Utilities
8.2%
Tech
8%
Energy
7.4%
Consumer Defensive
7.2%
Health
6.9%
Consumer Cyclical
6.1%
Communication
4.4%
Real Estate
3.7%
Top Holdings of Tata Balanced Advantage Fund Direct Growth as on (31-Mar-24)
Equity Holdings64
Debt Holdings74
Tata Balanced Advantage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 8.9K Cr as of Mar'24
- AUM increased by 213.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Tata Balanced Advantage Fund Direct Growth Fund Manager
Rahul Singh
Fund Manager of Tata Balanced Advantage Fund Direct Growth, since 29 January 2019
Top funds managed
Akhil Mittal
Fund Manager of Tata Balanced Advantage Fund Direct Growth, since 29 January 2019
Top funds managed
Sailesh Jain
Fund Manager of Tata Balanced Advantage Fund Direct Growth, since 29 January 2019
Top funds managed
Tata Balanced Advantage Fund Direct Growth Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 14.64% since inception which is more than its category average return of 11.56%
Fund Allocations
This fund has an allocation of 48.05% in Equity, 26.69% in Debt and 25.27% in Cash related instruments
AUM size ₹8943 Cr
This fund has AUM of ₹8943 Cr which is more than its category average of ₹ 8144 Cr
Expense Ratio 0.29%
This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Tata Balanced Advantage Fund Direct Growth is ₹20.44 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Tata Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.12% | 1.12% |
6 Month Returns | 12.47% | 12.47% |
1 Year Returns | 23.76% | 23.76% |
3 Years Returns | 51.02% | 14.73% |
5 Years Returns | 97% | 14.52% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.29% as on March 2024
₹8943 Cr as on March 2024
Reliance Industries Ltd(4.61%), HDFC Bank Ltd(3.67%), Larsen & Toubro Ltd(3.26%), ICICI Bank Ltd(3.18%), State Bank of India(3.05%) as on March 2024
Cash Equivalent(25.2%), Corporate(15.27%), Financial Services(13.12%) as on March 2024
AAA | 84.26 |
AA | 15.74 |
Rahul Singh, Akhil Mittal, Sailesh Jain are the fund managers of Tata Balanced Advantage Fund Direct Growth
The Exit load of Tata Balanced Advantage Fund Direct Growth is 1%