Tata Balanced Advantage Fund - Direct Plan - Growth Option
The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
- Current NAV₹22.6338
- Fund Size (AUM)₹ 8,005 Cr.
- Expense Ratio0.69 %
- 1Y Return-1.65%
- 3Y Return (CAGR)+7.41%
- 5Y Return (CAGR)+7.95%
- Category Rank (3Y)—
- RiskometerVery High Risk
- Min. SIP / Lump sum₹ 100 / ₹ 5,000
More figures (11)
- Since Launch (CAGR)+11.17%
- Benchmark—
- Volatility (3Y)7.60 %
- Sharpe Ratio (3Y)0.12
- Beta (3Y)—
- 52-week High / Low₹24.0549 / ₹21.6439
- Max Drawdown-20.0 %
- Launched29 Jan 2019
- Lock-inNone
- Portfolio Turnover25 %
- Fund ManagersMurthy Nagarajan, Amit Somani, Rahul Singh +1
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 8.0% a year.
- Volatility over 3 years was 7.6% a year, with a Sharpe ratio of 0.12.
- Its biggest fall from a peak was 20.0% (24 Jan 2020 to 23 Mar 2020).
- Across all 3-year periods since launch, yearly returns ranged from 7.2% to 21.5% and were positive 100% of the time.
- Expense ratio 0.69%, fund size ₹8,005 crore.
Pros
AI- Every 3-year period since launch gave a positive return (lowest 7.2% a year).
- Expense ratio of 0.69% is below the category median of 1.01%.
Cons
AINo standout weaknesses in its record so far.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +1.00% | -1.82% | -4.63% | -1.38% | -3.49% | -1.65% | +0.79% | +7.41% | +7.95% | +11.38% | — | +11.17% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Balanced Advantage Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| This fund | -3.49% | +7.38% | +12.27% | +18.70% | +7.14% | +18.43% | +17.58% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.7 | 1.0 | -7.0 | 6.0 | 0.3 | 2.2 | 1.3 | -0.9 | -4.2 | 0.0 | |||
| 2025 | -1.2 | -3.7 | 4.0 | 1.6 | 1.8 | 2.0 | -0.9 | -1.2 | 0.8 | 3.0 | 1.0 | 0.1 | 7.4 |
| 2024 | 1.8 | 2.0 | 0.8 | 1.3 | 1.2 | 3.5 | 2.5 | 0.5 | 1.5 | -2.8 | 0.0 | -0.5 | 12.3 |
| 2023 | -0.8 | -0.4 | 0.8 | 2.6 | 2.2 | 2.4 | 2.8 | -0.4 | 1.6 | -1.4 | 3.5 | 4.6 | 18.7 |
| 2022 | 0.5 | -1.3 | 2.0 | -0.1 | -1.2 | -2.3 | 5.0 | 2.3 | -0.9 | 2.6 | 1.8 | -1.3 | 7.1 |
| 2021 | 0.2 | 4.2 | 0.9 | 0.2 | 3.2 | 1.5 | 1.7 | 3.0 | 1.5 | 0.4 | -0.9 | 1.3 | 18.4 |
| 2020 | 0.8 | -2.3 | -11.3 | 10.0 | -1.0 | 4.4 | 4.3 | 1.6 | 0.7 | 1.1 | 5.3 | 4.2 | 17.6 |
| 2019 | -0.2 | 1.5 | 2.7 | 1.6 | 0.3 | -2.5 | 0.2 | 2.3 | 2.0 | 1.3 | -0.1 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 66 of 93 months shown (71%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 7.60% | 7.18% |
| Sharpe ratio ? | 0.12 | 0.20 |
| Sortino ratio ? | 0.16 | 0.27 |
| Maximum drawdown | -8.43% | -8.43% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 24 Jan 2020 | 23 Mar 2020 | -20.0% | 17 Jul 2020 | 4 months |
| 26 Sep 2024 | 28 Feb 2025 | -8.4% | 26 Jun 2025 | 4 months |
| 2 Jan 2026 | 30 Mar 2026 | -8.3% | 1 Jul 2026 | 3 months |
| 3 Aug 2026 | 8 Oct 2026 | -7.7% | Not yet | — |
| 5 Apr 2022 | 17 Jun 2022 | -6.7% | 1 Aug 2022 | 45 days |
| 17 Jan 2022 | 7 Mar 2022 | -5.2% | 4 Apr 2022 | 28 days |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,17,124 | ₹-2,876 | -4.40% |
| 3Y | ₹3,60,000 | ₹3,74,186 | ₹14,186 | +2.52% |
| 5Y | ₹6,00,000 | ₹7,11,686 | ₹1,11,686 | +6.76% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Balanced Advantage Funds (38)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund | ₹128.0000 | — | — | — | — | — | 0.90 | 9,836 | Moderately High Risk |
| 2. | Axis Balanced Advantage FundAxis Mutual Fund | ₹23.8100 | — | — | — | — | — | 1.06 | 3,651 | Moderately High Risk |
| 3. | Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund | ₹11.9230 | — | — | — | — | — | 1.01 | 1,207 | Very High Risk |
| 4. | BANDHAN Balanced Advantage FundBandhan Mutual Fund | ₹29.3180 | — | — | — | — | — | 1.08 | 2,235 | Very High Risk |
| 5. | BANK OF INDIA BALANCED ADVANTAGE FUNDBank of India Mutual Fund | ₹27.8257 | — | — | — | — | — | 1.40 | 174 | Very High Risk |
| 6. | Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund | ₹27.6047 | — | — | — | — | — | 0.73 | 5,162 | Very High Risk |
| 7. | Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund | ₹10.3500 | — | — | — | — | — | 1.00 | 1,007 | Very High Risk |
| 8. | DSP Dynamic Asset Allocation FundDSP Mutual Fund | ₹32.8670 | — | — | — | — | — | 1.09 | 3,704 | Very High Risk |
| 9. | Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | ₹60.1000 | — | — | — | — | — | 0.96 | 12,880 | Very High Risk |
| 10. | Franklin India Balanced Advantage FundFranklin Templeton Mutual Fund | ₹14.9259 | — | — | — | — | — | 0.76 | 2,687 | High Risk |
| 11. | HDFC Balanced Advantage FundHDFC Mutual Fund | ₹553.2880 | — | — | — | — | — | 0.77 | 1,02,534 | Very High Risk |
| 12. | Helios Balanced Advantage FundHelios Mutual Fund | ₹11.7200 | — | — | — | — | — | 1.30 | 265 | Very High Risk |
| 13. | HSBC Balanced Advantage FundHSBC Mutual Fund | ₹51.2183 | — | — | — | — | — | 1.16 | 1,474 | Very High Risk |
| 14. | ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | ₹86.3700 | — | — | — | — | — | 1.04 | 71,913 | High Risk |
| 15. | Invesco India Balanced Advantage FundInvesco Mutual Fund | ₹63.1000 | — | — | — | — | — | 1.14 | 903 | Moderately High Risk |
| 16. | ITI Balanced Advantage FundITI Mutual Fund | ₹15.9001 | — | — | — | — | — | 1.68 | 320 | Very High Risk |
| 17. | JioBlackRock Balanced Advantage FundJio BlackRock Mutual Fund | ₹10.1486 | — | — | — | — | — | — | — | — |
| 18. | Kotak Balanced Advantage FundKotak Mahindra Mutual Fund | ₹22.6200 | — | — | — | — | — | 0.83 | 16,618 | Very High Risk |
| 19. | LIC MF Balanced Advantage FundLIC Mutual Fund | ₹14.5142 | — | — | — | — | — | 1.52 | 653 | Very High Risk |
| 20. | Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund | ₹15.7608 | — | — | — | — | — | 0.85 | 879 | Very High Risk |
| 21. | Mirae Asset Balanced Advantage FundMirae Asset Mutual Fund | ₹15.2870 | — | — | — | — | — | 0.95 | 2,109 | Moderately High Risk |
| 22. | Motilal Oswal Balanced Advantage FundMotilal Oswal Mutual Fund | ₹21.7606 | — | — | — | — | — | 1.60 | 712 | Very High Risk |
| 23. | Nippon India Balanced Advantage FundNippon India Mutual Fund | ₹205.9260 | — | — | — | — | — | 0.88 | 9,532 | Very High Risk |
| 24. | NJ Balanced Advantage FundNJ Mutual Fund | ₹14.2300 | — | — | — | — | — | 1.14 | 3,242 | Very High Risk |
| 25. | Parag Parikh Dynamic Asset Allocation FundPPFAS Mutual Fund | ₹11.7209 | — | — | — | — | — | 0.40 | 2,533 | Moderately High Risk |
| 26. | PGIM India Balanced Advantage FundPGIM India Mutual Fund | ₹16.1200 | — | — | — | — | — | 0.94 | 681 | Moderately High Risk |
| 27. | quant Dynamic Asset Allocation Fundquant Mutual Fund | ₹16.7417 | — | — | — | — | — | 1.56 | 810 | Very High Risk |
| 28. | Samco Dynamic Asset Allocation FundSamco Mutual Fund | ₹10.4200 | — | — | — | — | — | 2.05 | 157 | Very High Risk |
| 29. | SBI Balanced Advantage FundSBI Mutual Fund | ₹16.2005 | — | — | — | — | — | 0.89 | 40,545 | Very High Risk |
| 30. | Shriram Balanced Advantage FundShriram Mutual Fund | ₹18.4854 | — | — | — | — | — | 0.94 | 41 | Very High Risk |
| 31. | Sundaram Dynamic Asset Allocation Fund (Formerly Known as Sundaram Balanced Advantage Fund)Sundaram Mutual Fund | ₹40.5881 | — | — | — | — | — | 1.13 | 1,596 | High Risk |
| 32. | Tata Balanced Advantage FundTata Mutual Fund | ₹22.6338 | — | — | — | — | — | 0.69 | 8,005 | Very High Risk |
| 33. | The Wealth Company Balanced Advantage FundThe Wealth Company Mutual Fund | ₹9.6418 | — | — | — | — | — | — | — | — |
| 34. | UNIFI DYNAMIC ASSET ALLOCATION FUNDUnifi Mutual Fund | ₹11.3765 | — | — | — | — | — | — | — | — |
| 35. | Union Balanced Advantage FundUnion Mutual Fund | ₹21.9700 | — | — | — | — | — | 1.46 | 1,158 | Very High Risk |
| 36. | UTI - Unit Linked Insurance PlanUTI Mutual Fund | ₹46.0819 | — | — | — | — | — | — | — | — |
| 37. | UTI Balanced Advantage FundUTI Mutual Fund | ₹12.8809 | — | — | — | — | — | 0.71 | 2,856 | Very High Risk |
| 38. | WhiteOak Capital Balanced Advantage FundWhiteOak Capital Mutual Fund | ₹15.3680 | — | — | — | — | — | 0.86 | 2,256 | Very High Risk |
| Median: 38 schemes | — | — | — | — | — | — | 1.01 | 2,172 | — |
Detailed comparison with another fund About Balanced Advantage Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
- Fund managers
- Murthy Nagarajan, Amit Somani, Rahul Singh, Sailesh Jain
- Fund house
- Tata Mutual Fund
- Category
- Balanced Advantage Funds · Hybrid
- Plan / option
- Direct · Growth
- AMFI scheme code
- 146010
- ISIN
- INF277K013S8
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Balanced Advantage Funds
Balanced Advantage Funds change their equity and debt mix dynamically, often using market valuations, to manage risk.
Generally used by investors who want the fund to manage the equity–debt balance for them.
Other plans of this scheme
- Tata Balanced Advantage Fund - Regular Plan - Growth Option
- Tata Balanced Advantage Fund - Direct Plan - Payout of Income Distribution cum capital withdrawal option
- Tata Balanced Advantage Fund - Direct Plan - Reinvestment of Income Distribution cum capital withdrawal option
- Tata Balanced Advantage Fund - Regular Plan - Payout of Income Distribution cum capital withdrawal option
- Tata Balanced Advantage Fund - Regular Plan - Reinvestment of Income Distribution cum capital withdrawal option
Tax on your gains
Likely tax treatment: Equity-oriented fund
- Held 12 months or less: short-term gain taxed at 20%.
- Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Tata Mutual Fund
- Tata, HDFC, ICICI Prudential mutual funds halt fresh gold FoF investments: What it means for existing and new investorsThe Economic Times · 14 h ago
- HDFC, ICICI Pru, Tata Mutual Fund halt investment in Gold ETF FoFs: What is barred?News9live · 20 h ago
- Gold ETF News: Tata Mutual Fund restricts inflows; ICICI Pru, HDFC, ABSL, DSP announce similar curbsET Now · Yesterday
- HDFC, ICICI Prudential, Tata Mutual Fund halt fresh investments in gold ETF FoFs ahead of festive seasonThe Economic Times · Yesterday
- It's not active or passive; the 'or' is in Hindi: Tata AMC's Anand VardarajanThe Economic Times · 9 Oct
- Gold isn't assured; silver is: Tata AMC's Anand Vardarajan makes the case for passivesThe Economic Times · 9 Oct
- Tata debt fund NAV delayed on AMFI website: What investors should knowCNBC TV18 · 29 Sep
- Fund performance in focus as Tata AMC looks to add AI investment talentBusiness Standard · 24 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
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What is the difference between Direct and Regular plans?
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How are gains from Tata Balanced Advantage Fund taxed?
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