Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal
NAV: ₹ 15.2 as on 01-12-2021
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, Rahul Singh, Sailesh Jain. This fund gives you the benefit of diversification.
1) Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal has a NAV of 15.1541 as on 02-Dec-2021.
2) Tata Balanced Advantage Fund Direct Payout of Income Distribution cum Capital Withdrawal has 3849 Cr worth of assets under management (AUM) as on 02-Dec-2021 and is less than category average.
3) The fund has an expense ratio 0.3 %.
Fund Overview
Expense ratio | 0.3% | |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR | |
AUM | ₹3849 Cr | |
Inception Date | 29 January, 2019 | |
Min Lumpsum/SIP | ₹5000/₹0 | |
Exit Load | 1% | |
Lock In | No Lock-in | |
TurnOver | 74.3% |
Fund Distribution
| Financial Services | 20.5% |
| Basic Materials | 17.9% |
| Tech | 11% |
| Health | 9.4% |
| Cyclical | 9.1% |
| Defensive | 8.3% |
| Industrial | 7.4% |
| Utilities | 6.8% |
| Energy | 6% |
| Communication | 2.5% |
| Real Estate | 1.1% |
Top Holdings
Fund Highlights
About the fund
Fund Allocations
AUM size ₹3849 Cr
Expense Ratio 0.3%
Akhil Mittal is B. Com, MBA (Finance)
15 Years experience
Total experience - 7 years. Details: 1. Fund Manager - Fixed Income with Principal PNB Asset Management Company Private Limited (November 2010 to February 2011) 2. Fund Manager - Fixed Income with Canara Robeco Asset Management Company Limited (September 2008 to February 2011) 3. Senior Manager - Corporate Treasury with Edelweiss Securities Limited (June 2006 to August 2008) 4. Asst. Manager - Corporate Treasury with Rallis India Limited (June 2004 to May 2006)
Rahul Singh is B.Tech (Mechanical); PGDM, IIM Lucknow
23 Years experience
Sailesh Jain is B.Com; MBA (Finance) from Queensland University of Technology, Australia
15 Years experience
AMC details
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