Tata Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 18.5 as on 28-11-2023
Fund Performance
2331 people have invested ₹ 2.9Cr in Tata Balanced Advantage Fund Direct Growth in the last three months
INDmoney Rank of Tata Balanced Advantage Fund Direct Growth
Powered by IND quant engine
1
/14
23% Performance
73% Risk Management
100% Cost
1 out of 14 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 Sailesh Jain, Rahul Singh, Akhil Mittal. This fund gives you the benefit of diversification.
Key Parameters
- Tata Balanced Advantage Fund Direct Growth has ₹7605 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 0.3.
Tata Balanced Advantage Fund Direct Growth Overview
 | 0.32% |
 Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
 | ₹7605 Cr |
 | 29 January, 2019 |
 | ₹5000/₹150 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 56.3% |
Tata Balanced Advantage Fund Direct Growth Distribution as on (31-Oct-23)
Size breakup
Large cap
58.4%
Mid cap
5.9%
Small cap
2.2%
Sector Allocation
Financial Services
31.3%
Basic Materials
10.7%
Industrial
8.4%
Consumer Defensive
7.8%
Tech
7.7%
Energy
6.7%
Consumer Cyclical
6.3%
Utilities
6.3%
Health
6.3%
Communication
4.9%
Real Estate
3.7%
Top Holdings of Tata Balanced Advantage Fund Direct Growth as on (31-Oct-23)
Equity Holdings69
Debt Holdings70
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 7.6K Cr as of Oct'23
- AUM decreased by 68 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
Tata Balanced Advantage Fund Direct Growth Fund Manager
Sailesh Jain
Fund Manager of Tata Balanced Advantage Fund Direct Growth, since 29 January 2019
Top funds managed
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
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 13.48% since inception which is more than its category average return of 10.6%
Fund Allocations
This fund has an allocation of 49.04% in Equity, 27.31% in Debt and 23.66% in Cash related instruments
AUM size ₹7605 Cr
This fund has AUM of ₹7605 Cr which is less than its category average of ₹ 7700 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 1.35%
Frequently Asked Questions
The current NAV of Tata Balanced Advantage Fund Direct Growth is ₹18.45 as on 28-Nov-2023.
Existing (Absolute + CAGR) as on 28-Nov-2023.
Tata Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.11% | 2.11% |
6 Month Returns | 8.73% | 8.73% |
1 Year Returns | 11.79% | 11.79% |
3 Years Returns | 48.53% | 14.1% |
5 Years Returns | 0% | 0% |
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.
0.32% as on October 2023
₹7605 Cr as on October 2023
HDFC Bank Ltd(4.85%), ICICI Bank Ltd(4.17%), Reliance Industries Ltd(3.79%), Larsen & Toubro Ltd(2.92%), Tata Consultancy Services Ltd(2.56%) as on October 2023
Cash Equivalent(23.66%), Financial Services(15.37%), Corporate(15.32%) as on October 2023
AAA | 88.64 |
AA | 11.36 |
Sailesh Jain, Rahul Singh, Akhil Mittal are the fund managers of Tata Balanced Advantage Fund Direct Growth
The Exit load of Tata Balanced Advantage Fund Direct Growth is 1%