Tata Balanced Advantage Fund Direct IDCW

Tata Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Sailesh Jain is the Current Fund Manager of Tata Balanced Advantage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹1,36,020 Cr and the Latest NAV as of 26 Apr 2024 is ₹20.54. The Tata Balanced Advantage Fund Direct IDCW is rated High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. For units in excess of 12% of the investment,1% will be charged for redemption within 90 days ;

Investment Objective

The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments. ;