Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal

Hybrid
Direct
Dynamic Asset Allocation
Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal

About the Fund

Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal is a hybrid fund. This fund was started on 29 January, 2019. The fund is managed by Akhil Mittal, Sailesh Jain, Rahul Singh. This fund gives you the benefit of diversification.

Key Parameters

  1. Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal has ₹9276 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal has given a CAGR return of 15.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.45%, 14.60% and 15.18% respectively.

Holdings

Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Industrial, Basic Materials, Utilities, Tech, Consumer Defensive, Energy, Health, Consumer Cyclical, Communication, Real Estate, Securitize.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal

The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
19 people have invested ₹ 40.7K in Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal in the last three months

Fund Overview

Expense ratio0.36%
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM₹9276 Cr
Inception Date29 January, 2019
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
56.3%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (31-May-24)

  • Equity 44.8%

  • Debt & Cash 55.2%

Large cap
60.3%

Mid cap
5.4%

Small cap
1.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
28%
Industrial
12.1%
Basic Materials
9.4%
Utilities
8.5%
Tech
7.6%
Consumer Defensive
7%
Energy
7%
Health
6.3%
Consumer Cyclical
5.7%
Communication
4.6%
Real Estate
3.9%
All changes are between Oct'69 and Dec'69

Akhil Mittal
Akhil Mittal
Fund Manager of Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal, since 29 January 2019
Sailesh Jain
Sailesh Jain
Fund Manager of Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal, since 29 January 2019
Rahul Singh
Rahul Singh
Fund Manager of Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal, since 29 January 2019

Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.12% since inception which is more than its category average return of 12.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 44.83% in Equity, 24.45% in Debt and 30.72% in Cash related instruments
AUM size ₹9276 Cr

AUM size ₹9276 Cr

This fund has AUM of ₹9276 Cr which is more than its category average of ₹ 8445 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal is ₹21.36 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
2.65%
2.65%
6 Month Returns
10.53%
10.53%
1 Year Returns
23.45%
23.45%
3 Years Returns
50.51%
14.6%
5 Years Returns
102.7%
15.18%
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.
0.36% as on May 2024
₹9276 Cr as on May 2024
Reliance Industries Ltd(4.3%), HDFC Bank Ltd(3.82%), State Bank of India(3.25%), ICICI Bank Ltd(3.14%), Larsen & Toubro Ltd(3.06%) as on May 2024
Cash Equivalent(30.45%), Corporate(14.16%), Financial Services(12.56%) as on May 2024
AAA
88.46
AA
11.54
Akhil Mittal, Sailesh Jain, Rahul Singh are the fund managers of Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal
The Exit load of Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal is 1%