Name: Tata Balanced Advantage Fund Direct Growth
Brand: Tata Mutual Fund

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Tata Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Moderately High Risk
27.91%
1Y return
+0.39% 1D
1M
6M
1Y
All
NAV: 02 Aug 2021₹14.58
Min. SIP Amount₹150
Rating4star
Fund Size₹2,873.23 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns27.9%NANA16.2%
Category average24.8%9.3%9.1%NA
Rank with in category8NANANA
Understand termsinfo
Holdings (116)NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity3.3%
ICICI Bank Ltd.FinancialEquity3.3%
Infosys Ltd.TechnologyEquity3.2%
State Bank of India
FinancialEquity2.8%
Bharti Airtel Ltd.CommunicationEquity2.7%
National Bank For Agriculture & Rural Development
FinancialNCD2.6%
Housing Development Finance Corpn. Ltd.FinancialEquity2.5%
Larsen & Toubro Ltd.ConstructionEquity2.2%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity1.9%
LIC Housing Finance Ltd.FinancialDebenture1.7%
See All
Pros and consCategory: Hybrid Dynamic Asset Allocation
Pros1Y Returns are higher than the category average returns
Lower expense ratio - 0.38%
ConsAge is less than 3 years
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 0.38%Inclusive of GST
Exit loadFor units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹150
Fund managementSailesh Jain
Jan 2019 - Present
View Details
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Education
Mr. Jain is a Commerce Graduate and an MBA.
Experience
Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.
Also manages these schemes
Tata Equity Savings Fund Regular IDCW Monthly
Tata Equity Savings Fund Regular Growth
Tata Equity Savings Fund Regular IDCW
Tata Equity Savings Fund Direct IDCW Monthly
Tata Equity Savings Fund Direct IDCW
Tata Equity Savings Fund Direct Growth
Tata Digital India Fund Direct IDCW
Tata Digital India Fund Regular IDCW
Tata Digital India Fund Regular Growth
Tata Digital India Fund Direct Growth
Tata India Pharma & HealthCare Fund Direct IDCW
Tata India Pharma & HealthCare Fund Regular IDCW
Tata India Pharma & HealthCare Fund Direct Growth
Tata India Pharma & HealthCare Fund Regular Growth
Tata Resources & Energy Fund Direct Growth
Tata Resources & Energy Fund Regular IDCW
Tata Resources & Energy Fund Regular Growth
Tata Resources & Energy Fund Direct IDCW
Tata Arbitrage Fund Regular Growth
Tata Arbitrage Fund Direct Growth
Tata Nifty Exchange Traded Fund Regular Growth
Tata Balanced Advantage Fund Regular Growth
Tata Balanced Advantage Fund Direct Growth
Tata Nifty Private Bank Exchange Traded Fund Regular Growth
Tata Quant Fund Direct Growth
Tata Quant Fund Regular Growth
Tata Quant Fund Regular IDCW
Tata Quant Fund Direct IDCW
Tata Multi Asset Opportunities Fund Direct IDCW
Tata Multi Asset Opportunities Fund Regular Growth
Tata Multi Asset Opportunities Fund Direct Growth
Tata Dividend Yield Fund Direct Growth
Tata Dividend Yield Fund Regular Growth
Akhil Mittal
Jan 2019 - Present
View Details
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Education
Mr. Mittal is B.Com (H) and MBA from University Business School.
Experience
Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.
Also manages these schemes
Tata Income Fund Regular Growth
Tata Income Fund Regular IDCW Annually
Tata Dynamic Bond Fund Regular IDCW Monthly
Tata Young Citizens Regular
Tata Dynamic Bond Regular Growth
Tata Treasury Advantage Fund Regular IDCW Weekly
Tata Treasury Advantage Fund Regular Growth
Tata Treasury Advantage Fund Regular IDCW Daily
Tata Treasury Advantage Fund Regular IDCW
Tata Dynamic Bond Direct Growth
Tata Dynamic Bond Direct IDCW Monthly
Tata Treasury Advantage Direct Plan Growth
Tata Treasury Advantage Fund Direct IDCW Daily
Tata Treasury Advantage Fund Direct IDCW Weekly
Tata Income Fund Direct Growth
Tata Income Fund Direct IDCW Half Yearly
Tata Treasury Advantage Fund Direct IDCW
Tata Fixed Maturity Plan Series 53 Scheme A Direct Growth
Tata Fixed Maturity Plan Series 53 Scheme B Direct Growth
Tata Fixed Maturity Plan Series 54 Scheme A Direct Growth
Tata Fixed Maturity Plan Series 54 Scheme A Regular Growth
Tata Fixed Maturity Plan Series 54 Scheme A Direct IDCW
Tata Fixed Maturity Plan Series 55 Scheme E Regular Growth
Tata Fixed Maturity Plan Series 55 Scheme E Direct Growth
Tata Fixed Maturity Plan Series 55 Scheme F Regular Growth
Tata Fixed Maturity Plan Series 55 Scheme F Direct Growth
Tata Fixed Maturity Plan Series 55 Scheme G Direct Growth
Tata Fixed Maturity Plan Series 55 Scheme H Direct Growth
Tata Fixed Maturity Plan Series 55 Scheme J Direct Growth
Tata Fixed Maturity Plan Series 55 Scheme J Direct IDCW
Tata Fixed Maturity Plan Series 56 Scheme A Regular Growth
Tata Fixed Maturity Plan Series 56 Scheme C Direct Growth
Tata Fixed Maturity Plan Series 56 Scheme D Regular Growth
Tata Fixed Maturity Plan Series 56 Scheme D Direct Growth
Tata Fixed Maturity Plan Series 56 Scheme F Regular Growth
Tata Fixed Maturity Plan Series 56 Scheme F Direct Growth
Tata Balanced Advantage Fund Regular Growth
Tata Balanced Advantage Fund Direct Growth
Tata Ultra Short Term Fund Direct IDCW Monthly
Tata Ultra Short Term Fund Regular Growth
Tata Ultra Short Term Fund Direct Growth
Tata Treasury Advantage Fund Segregated Portfolio 1 Direct Growth
Tata Treasury Advantage Fund Segregated Portfolio 1 Direct IDCW Daily
Tata Treasury Advantage Fund Segregated Portfolio 1 Direct IDCW
Tata Treasury Advantage Fund Segregated Portfolio 1 Regular Growth
Tata Treasury Advantage Fund Segregated Portfolio 1 Regular IDCW Daily
Tata Treasury Advantage Fund Segregated Portfolio 1 Regular IDCW
Sonam Udasi
Jan 2019 - Present
View Details
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Education
Mr. Udasi is a B.Com and also holds PGDM(Finance).
Experience
Prior to joining Tata AMC he was associated with ASK Raymond James (Jun 2005-Jan 2006) as Lead Analyst (Reporting to Head Research), JM Financial AMC (Feb 2006-June 2007) as Senior Analyst (Reporting to CIO), Prime Securities (Aug 2007-Oct 2008) as Head Research (Reporting to President), BRICS Securities (Nov 2008-Apr 2010) as Consumer Vertical (Reporting to Head Equities) and IDBI Capital Market Services Ltd (Jun 2010-March 2014) as Head Research (Reporting to Executive VP).
Also manages these schemes
Tata Young Citizens Regular
Tata Index Nifty Regular
Tata Equity PE Fund Regular Growth
Tata Index Sensex Regular
Tata Equity PE Fund IDCW Trigger Option B Regular IDCW
Tata Equity PE Fund IDCW Trigger Option A Regular IDCW
Tata Retirement Savings Fund Progressive Plan Regular Growth
Tata Retirement Savings Fund Moderate Plan Regular Growth
Tata Retirement Savings Fund Conservative Plan Regular Growth
Tata Equity PE Fund Direct Growth
Tata Equity PE Fund IDCW Trigger Option A Direct IDCW
Tata Equity PE Fund IDCW Trigger Option B Direct IDCW
Tata Retirement Savings Fund Progressive Plan Direct Growth
Tata Retirement Savings Fund Moderate Plan Direct Growth
Tata Retirement Savings Fund Conservative Plan Direct Growth
Tata Index Sensex Direct
Tata Index Nifty Direct
Tata Banking and Financial Services Fund Direct IDCW
Tata Banking and Financial Services Fund Regular IDCW
Tata Banking and Financial Services Fund Direct Growth
Tata Banking and Financial Services Fund Regular Growth
Tata India Consumer Fund Regular IDCW
Tata India Consumer Fund Regular Growth
Tata India Consumer Fund Direct Growth
Tata India Consumer Fund Direct IDCW
Tata Value Fund Series 1 Direct Growth
Tata Value Fund Series 1 Regular Growth
Tata Value Fund Series 1 Regular IDCW
Tata Value Fund Series 2 Direct IDCW
Tata Value Fund Series 2 Regular Growth
Tata Value Fund Series 2 Direct Growth
Tata Value Fund Series 2 Regular IDCW
Tata Flexi Cap Fund Direct IDCW
Tata Flexi Cap Fund Regular IDCW
Tata Flexi Cap Fund Direct Growth
Tata Flexi Cap Fund Regular Growth
Tata Balanced Advantage Fund Regular Growth
Tata Balanced Advantage Fund Direct Growth
Rahul Singh
Jan 2019 - Present
View Details
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Education
Mr. Singh is B.Tech & PGDBM
Experience
Prior to Tata AMC, he has worked with Ampersand Capital Investment Advisors LLP, Standard Chartered Securities and Citigroup Global Markets India.
Also manages these schemes
Tata Young Citizens Regular
Tata Digital India Fund Direct IDCW
Tata Digital India Fund Regular IDCW
Tata Digital India Fund Regular Growth
Tata Digital India Fund Direct Growth
Tata India Pharma & HealthCare Fund Direct IDCW
Tata India Pharma & HealthCare Fund Regular IDCW
Tata India Pharma & HealthCare Fund Direct Growth
Tata India Pharma & HealthCare Fund Regular Growth
Tata Resources & Energy Fund Direct Growth
Tata Resources & Energy Fund Regular IDCW
Tata Resources & Energy Fund Regular Growth
Tata Resources & Energy Fund Direct IDCW
Tata Balanced Advantage Fund Regular Growth
Tata Balanced Advantage Fund Direct Growth
Tata Focused Equity Fund Direct Growth
Tata Focused Equity Fund Direct IDCW
Tata Focused Equity Fund Regular Growth
Tata Focused Equity Fund Regular IDCW
Tata Multi Asset Opportunities Fund Direct IDCW
Tata Multi Asset Opportunities Fund Regular Growth
Tata Multi Asset Opportunities Fund Direct Growth
Tata Dividend Yield Fund Direct Growth
Tata Dividend Yield Fund Regular Growth
Fund house & investment objective
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Tata Mutual Fund
Rank (total assets)#14 in India
Total AUM61,612.23 Cr
Date of Incorporation30 Jun 1995
Tata Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors 
Tata Balanced Advantage Fund Direct Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹61,612 Cr and the Latest NAV as of 02 Aug 2021 is ₹14.58.
The Tata Balanced Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 150. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days....Read more
Investment Objective
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunit
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
...Read more
Fund benchmarkCRISIL Hybrid 35+65 Aggressive
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Mafatlal Centre, 9th Floor, Nariman Point Mumbai 400021
Phone
022 6657 8282
Launch Date
30 Jun 1995
E-mail
[email protected]
Website
NA
Tata Mutual Fund
Asset Management Company
Custodian
ICICI Bank Ltd
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	27.9%	NA	NA	16.2%
Category average	24.8%	9.3%	9.1%	NA
Rank with in category	8	NA	NA	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	3.3%
ICICI Bank Ltd.	Financial	Equity	3.3%
Infosys Ltd.	Technology	Equity	3.2%
State Bank of India	Financial	Equity	2.8%
Bharti Airtel Ltd.	Communication	Equity	2.7%
National Bank For Agriculture & Rural Development	Financial	NCD	2.6%
Housing Development Finance Corpn. Ltd.	Financial	Equity	2.5%
Larsen & Toubro Ltd.	Construction	Equity	2.2%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	1.9%
LIC Housing Finance Ltd.	Financial	Debenture	1.7%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	4
Fund Size	₹2,873.23 Cr

Rank (total assets)	#14 in India
Total AUM	61,612.23 Cr