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 |
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| NAV | ₹19.98 (as of 2026-10-01) |
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| AUM | ₹8,539 Cr |
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| Expense ratio | 1.51% |
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| Riskometer | Very High |
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| Fund manager | Rahul Singh |
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| Exit load | 0.5% for redemption within 30 days |
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Performance & risk
| 5-year annualised return | 6.67% |
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| Sharpe ratio | 0.31 |
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| Standard deviation | 8.36% |
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| Max drawdown | −20.29% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 102.2% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 93.2% of its downside.
Market cap allocation
| Large cap | 67.5% |
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| Mid cap | 16.0% |
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| Small cap | 16.6% |
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Concentration
| Top 5 holdings | 14.5% |
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| Top 10 holdings | 23.6% |
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| Total holdings | 66 |
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Top holdings
- Reliance Industries Ltd — 4.2%
- HDFC Bank Ltd. — 2.9%
- Bharti Airtel Ltd. — 2.9%
- ICICI Bank Ltd. — 2.5%
- REPO — 2.5%
- GOI - 7.34% (22/04/2064) — 2.1%
- Larsen & Toubro Limited — 2.0%
- Apollo Hospitals Enterprises Ltd. — 2.0%
- Shriram Finance Limited — 2.0%
- Net Receivable / Payable — 1.9%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −5.1% | Q3 | #26 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 |