How to Invest in Tata Balanced Advantage Fund Direct Growth?

You can easily invest in Tata Balanced Advantage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Tata Balanced Advantage Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Tata Balanced Advantage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Tata Balanced Advantage Fund Direct Growth provide?

The Tata Balanced Advantage Fund Direct Growth has been there from 28 Jan 2019 and the average annual returns provided by this fund is 6.56% since its inception.

How much expense ratio is charged by Tata Balanced Advantage Fund Direct Growth?

The term Expense Ratio used for Tata Balanced Advantage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Tata Balanced Advantage Fund Direct Growth is 0.28% as of 29 Jan 2023...

What is the AUM of Tata Balanced Advantage Fund Direct Growth?

The AUM, short for Assets Under Management of Tata Balanced Advantage Fund Direct Growth is ₹6,365.57Cr as of 29 Jan 2023.

How to Redeem Tata Balanced Advantage Fund Direct Growth?

If you want to sell your Tata Balanced Advantage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Tata Balanced Advantage Fund Direct Growth?

You can select either SIP or Lumpsum investment of Tata Balanced Advantage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Tata Balanced Advantage Fund Direct Growth?

The NAV of Tata Balanced Advantage Fund Direct Growth is ₹16.23 as of 27 Jan 2023.

What is the PE and PB ratio of Tata Balanced Advantage Fund Direct Growth?

The PE ratio ratio of Tata Balanced Advantage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Tata Balanced Advantage Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

Tata Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
High Risk
13.28%
3Y annualised
-0.73% 1D
1M
6M
1Y
3Y
All
 NAV: 27 Jan 2023₹16.23
Min. SIP amount₹150
Rating4
Fund size₹6,365.57Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
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
6M1Y3YAll
Fund returnsNA6.6%13.3%12.9%
Category averageNA2.8%9.2%NA
Rank with in categoryNA66NA
Understand terms
Holdings (121)NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity4.6%
Reliance Industries Ltd.EnergyEquity3.8%
Housing Development Finance Corporation Ltd.FinancialEquity3.2%
Larsen & Toubro Ltd.ConstructionEquity2.9%
HDFC Bank Ltd.FinancialEquity2.5%
GOI
SovereignGOI Sec2.4%
Bharti Airtel Ltd.CommunicationEquity2.2%
State Bank of IndiaFinancialEquity2.1%
Tata Consultancy Services Ltd.TechnologyEquity2.0%
Infosys Ltd.TechnologyEquity1.7%
See All
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. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2022 - Present
0.28%
31 Dec 2022 - 31 Dec 2022
0.28%
30 Nov 2022 - 31 Dec 2022
0.28%
30 Nov 2022 - 30 Nov 2022
0.28%
30 Nov 2022 - 30 Nov 2022
0.28%
31 Oct 2022 - 30 Nov 2022
0.29%
31 Oct 2022 - 31 Oct 2022
0.29%
31 Oct 2022 - 31 Oct 2022
0.29%
31 Oct 2022 - 31 Oct 2022
0.29%
31 Oct 2022 - 31 Oct 2022
0.29%
30 Sep 2022 - 31 Oct 2022
0.29%
30 Sep 2022 - 30 Sep 2022
0.29%
30 Sep 2022 - 30 Sep 2022
0.29%
31 Aug 2022 - 30 Sep 2022
0.29%
31 Aug 2022 - 31 Aug 2022
0.29%
31 Jul 2022 - 31 Aug 2022
0.30%
31 Jul 2022 - 31 Jul 2022
0.30%
30 Jun 2022 - 31 Jul 2022
0.31%
30 Jun 2022 - 30 Jun 2022
0.31%
31 May 2022 - 30 Jun 2022
0.31%
31 May 2022 - 31 May 2022
0.31%
30 Apr 2022 - 31 May 2022
0.32%
30 Apr 2022 - 30 Apr 2022
0.32%
31 Mar 2022 - 30 Apr 2022
0.27%
31 Mar 2022 - 31 Mar 2022
0.27%
28 Feb 2022 - 31 Mar 2022
0.28%
28 Feb 2022 - 28 Feb 2022
0.28%
31 Jan 2022 - 28 Feb 2022
0.28%
31 Dec 2021 - 31 Jan 2022
0.29%
30 Nov 2021 - 31 Dec 2021
0.29%
31 Oct 2021 - 30 Nov 2021
0.30%
30 Sep 2021 - 31 Oct 2021
0.31%
31 Aug 2021 - 30 Sep 2021
0.32%
31 Jul 2021 - 31 Aug 2021
0.34%
30 Jun 2021 - 31 Jul 2021
0.38%
31 May 2021 - 30 Jun 2021
0.40%
30 Apr 2021 - 31 May 2021
0.38%
31 Mar 2021 - 30 Apr 2021
0.39%
28 Feb 2021 - 31 Mar 2021
0.71%
31 Jan 2021 - 28 Feb 2021
0.75%
31 Dec 2020 - 31 Jan 2021
0.78%
30 Nov 2020 - 31 Dec 2020
0.79%
31 Oct 2020 - 30 Nov 2020
0.81%
30 Sep 2020 - 31 Oct 2020
0.68%
31 Aug 2020 - 30 Sep 2020
0.83%
31 Jul 2020 - 31 Aug 2020
0.84%
30 Jun 2020 - 31 Jul 2020
0.86%
31 May 2020 - 30 Jun 2020
0.87%
30 Apr 2020 - 31 May 2020
0.86%
31 Mar 2020 - 30 Apr 2020
0.84%
29 Feb 2020 - 31 Mar 2020
0.81%
31 Jan 2020 - 29 Feb 2020
0.79%
31 Dec 2019 - 31 Jan 2020
0.79%
30 Nov 2019 - 31 Dec 2019
0.80%
31 Oct 2019 - 30 Nov 2019
0.80%
30 Sep 2019 - 31 Oct 2019
0.82%
31 Aug 2019 - 30 Sep 2019
0.83%
31 Jul 2019 - 31 Aug 2019
0.84%
30 Jun 2019 - 31 Jul 2019
0.86%
31 May 2019 - 30 Jun 2019
0.89%
30 Apr 2019 - 31 May 2019
0.91%
31 Mar 2019 - 30 Apr 2019
0.64%
28 Feb 2019 - 31 Mar 2019
0.68%
31 Jan 2019 - 28 Feb 2019
1.09%
Expense ratio, exit load and taxExpense ratio: 0.28%Inclusive of GST
Exit loadFor units in excess of 12% of the investment,1% will be charged for redemption within 90 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 terms
Check past data
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
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 India Tax Savings Fund IDCW
Tata Equity Savings Fund Regular IDCW Monthly
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Tata Equity Savings Fund Direct Growth
Tata India Tax Savings Fund Direct Growth
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Tata Digital India Fund Direct IDCW
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Tata India Pharma & HealthCare Fund Direct IDCW
Tata India Pharma & HealthCare Fund Regular IDCW
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Tata Resources & Energy Fund Direct Growth
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Tata Nifty Midcap 150 Momentum 50 Index Fund Regular IDCW
Akhil Mittal
Jan 2019 - Present
View details
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 IDCW Half Yearly
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Tata Gilt Securities Fund Regular Growth
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Tata Gilt Retirement Plan310304 Growth
Tata Income Fund Regular IDCW Annually
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Tata Gilt Retirement Plan280208 Growth
Tata Young Citizens Regular
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Tata Gilt Retirement Plan280206 IDCW
Tata Gilt Retirement Plan280207 IDCW
Tata Gilt Retirement Plan280208 IDCW
Tata Gilt Retirement Plan310304 IDCW
Tata Gilt Retirement Plan280210 Growth
Tata Gilt Retirement Plan280225 IDCW
Tata Gilt Retirement Plan280211 IDCW
Tata Gilt Retirement Plan280205 Growth
Tata Gilt Retirement Plan280209 Growth
Tata Gilt Retirement Plan280211 Growth
Tata Gilt Retirement Plan280206 Growth
Tata Gilt Retirement Plan280207 Growth
Tata Gilt Retirement Plan280209 IDCW
Tata Gilt Retirement Plan280210 IDCW
Tata Gilt Retirement Plan280214 Growth
Tata Gilt Retirement Plan280216 Growth
Tata Gilt Retirement Plan280218 IDCW
Tata Gilt Retirement Plan280215 Growth
Tata Treasury Advantage Fund Regular IDCW Weekly
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Tata Dynamic Bond Direct Growth
Tata Dynamic Bond Direct IDCW Monthly
Tata Young Citizens Direct
Tata Treasury Advantage Direct Plan Growth
Tata Treasury Advantage Fund Direct IDCW Daily
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Tata Income Fund Direct IDCW Annually
Tata Income Fund Direct Growth
Tata Income Fund Direct IDCW Half Yearly
Tata Gilt Securities Fund Direct Growth
Tata Gilt Securities Fund Direct IDCW Quarterly
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 Regular IDCW
Tata Fixed Maturity Plan Series 56 Scheme F Direct Growth
Tata Fixed Maturity Plan Series 56 Scheme F Direct IDCW
Tata Fixed Maturity Plan Series 56 Scheme G Regular Growth
Tata Fixed Maturity Plan Series 56 Scheme G Direct Growth
Tata Fixed Maturity Plan Series 56 Scheme G Regular IDCW
Tata Fixed Maturity Plan Series 56 Scheme G Direct IDCW
Tata Fixed Maturity Plan Series 56 Scheme H Regular IDCW
Tata Fixed Maturity Plan Series 56 Scheme H Regular Growth
Tata Fixed Maturity Plan Series 56 Scheme H Direct IDCW
Tata Fixed Maturity Plan Series 56 Scheme H Direct Growth
Tata Balanced Advantage Fund Regular IDCW
Tata Balanced Advantage Fund Direct IDCW
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Tata Ultra Short Term Fund Direct IDCW Weekly
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Tata Ultra Short Term Fund Regular IDCW Weekly
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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
Tata Floating Rate Fund Direct IDCW Monthly
Tata Floating Rate Fund Direct IDCW Quarterly
Tata Floating Rate Fund Direct IDCW Periodic
Tata Floating Rate Fund Regular Growth
Tata Floating Rate Fund Regular IDCW Monthly
Tata Floating Rate Fund Regular IDCW Quarterly
Tata Floating Rate Fund Regular IDCW Periodic
Tata Floating Rate Fund Direct Growth
Rahul Singh
Jan 2019 - Present
View details
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 Young Citizens Direct
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 IDCW
Tata Balanced Advantage 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 Multi Asset Opportunities Fund Regular IDCW
Tata Dividend Yield Fund Direct Growth
Tata Dividend Yield Fund Regular Growth
Tata Dividend Yield Fund Regular IDCW
Tata Dividend Yield Fund Direct IDCW
Tata Business Cycle Fund Direct IDCW
Tata Business Cycle Fund Regular Growth
Tata Business Cycle Fund Regular IDCW
Tata Business Cycle Fund Direct Growth
Fund house & investment objective
Tata Mutual Fund
Rank (total assets)#14 in India
Total AUM₹86,582.73Cr
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 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 ₹86,583 Cr and the Latest NAV as of 27 Jan 2023 is ₹16.23.
The Tata Balanced Advantage Fund Direct Growth is rated High risk. Minimum SIP Investment is set to ₹150. 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 ObjectiveThe scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
;
Fund benchmarkCRISIL Hybrid 50+50 Moderate Index
Scheme Information Document(SID)
Fund house contact details
Address
9th Floor, Mafatlal Centre,Nariman Point, Mumbai 400021
Phone
1800-209-0101
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
Compare funds
Tata Balanced Advantage Fund Direct Growth
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Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	6.6%	13.3%	12.9%
Category average	NA	2.8%	9.2%	NA
Rank with in category	NA	6	6	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	4.6%
Reliance Industries Ltd.	Energy	Equity	3.8%
Housing Development Finance Corporation Ltd.	Financial	Equity	3.2%
Larsen & Toubro Ltd.	Construction	Equity	2.9%
HDFC Bank Ltd.	Financial	Equity	2.5%
GOI	Sovereign	GOI Sec	2.4%
Bharti Airtel Ltd.	Communication	Equity	2.2%
State Bank of India	Financial	Equity	2.1%
Tata Consultancy Services Ltd.	Technology	Equity	2.0%
Infosys Ltd.	Technology	Equity	1.7%

Rank (total assets)	#14 in India
Total AUM	₹86,582.73Cr

Date of Incorporation	30 Jun 1995

Fund benchmark	CRISIL Hybrid 50+50 Moderate Index

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

Rating	4
Fund size	₹6,365.57Cr

Tata Balanced Advantage Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (121)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.28%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Sailesh JainJan 2019 - PresentView details

Akhil MittalJan 2019 - PresentView details

Rahul SinghJan 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Sailesh Jain
Jan 2019 - Present
View details

Akhil Mittal
Jan 2019 - Present
View details

Rahul Singh
Jan 2019 - Present
View details