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

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 Sailesh Jain, Akhil Mittal, Rahul Singh. This fund gives you the benefit of diversification.

1. Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal has ₹10154 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal has given a CAGR return of 13.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.67%, 14.33% and 17.09% respectively.

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

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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.

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.