Tata Balanced Advantage Fund
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Growthvine rating: 3/5 — ranked #14 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
|---|
| NAV | ₹21.22 (as of 2026-08-21) |
|---|
| AUM | ₹8,834 Cr |
|---|
| Expense ratio | 1.50% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Rahul Singh |
|---|
| Exit load | 0.5% for redemption within 30 days |
|---|
Performance & risk
| 5-year annualised return | 8.97% |
|---|
| Sharpe ratio | 0.32 |
|---|
| Standard deviation | 8.33% |
|---|
| Max drawdown | -20.29% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 101.6% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 88.8% of its downside.
Market cap allocation
| Large cap | 69.5% |
|---|
| Mid cap | 14.9% |
|---|
| Small cap | 15.6% |
|---|
Concentration
| Top 5 holdings | 15.6% |
|---|
| Top 10 holdings | 24.6% |
|---|
| Total holdings | 75 |
|---|
Top holdings
- Net Receivable / Payable — 8.0%
- Reliance Industries Ltd — 4.7%
- Bharti Airtel Ltd. — 3.2%
- HDFC Bank Ltd. — 3.0%
- ICICI Bank Ltd. — 2.5%
- Larsen & Toubro Limited — 2.3%
- GOI - 7.34% (22/04/2064) — 2.1%
- Apollo Hospitals Enterprises Ltd. — 2.0%
- Godrej Properties Limited — 1.9%
- GOI - 6.54% (17/01/2032) — 1.8%
Top sectors
- Banking & Financial — 11.0%
- Retail — 6.8%
- Finance & Investments — 6.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.8% | Q3 | #20 of 35 |
| 2025 | 6.0% | Q2 | #16 of 34 |
| 2024 | 10.8% | Q3 | #23 of 30 |
| 2023 | 17.0% | Q3 | #18 of 26 |
| 2022 | 5.5% | Q1 (Top) | #4 of 21 |