Tata Balanced Advantage Fund Direct Growth+0.15%

4
9.68%
1 Year Return
Hybrid
Balanced Advantage
4.0star
6M
1Y
All

Fund Details

Tata Balanced Advantage Fund Direct Growth

RiskModerately High
Min SIP Amount₹150
Expense Ratio0.86%
NAV11.39 (31 Jul 2020)
Fund Started23 Jan 2019
Fund Size1,021 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Tata Balanced Advantage Fund Direct Growth
9.7%
NA
NA
9.0%
Category Average
-2.6%
2.6%
5.3%
-
Rank within category
7
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 9.7% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    Cons
    1. Age is less than 3 years

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity7.1%
    ICICI Bank Ltd.FinancialEquity4.5%
    Bharti Airtel Ltd.CommunicationEquity4.0%
    HDFC Bank Ltd.FinancialFixed Deposits3.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.4%
    HDFC Bank Ltd.FinancialEquity3.2%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD3.0%
    REC Ltd.FinancialNCD2.5%
    Bank Of BarodaFinancialCD2.4%
    Infosys Ltd.TechnologyEquity2.2%
    See All

    Fund Managers

    addSonam Udasi
    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).
    Funds Managed
    addRahul Singh
    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.
    Funds Managed

    Tata Balanced Advantage Fund Direct Growth Details

    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 23 Jan 2019. 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 ₹1,021 Cr and the Latest NAV as of 31 Jul 2020 is ₹11.39.

    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.

    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.

    Tax Implications

    Returns 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
    Exit Load

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    About Tata Mutual Fund

    Address
    Mafatlal Centre, 9th Floor, Nariman Point Mumbai 400021
    Phone
    022 6657 8282
    Launch Date
    30 Jun 1995
    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,
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