3 Year return

14.44%
Launched on January 2019 (5 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹8943.06 Cr.

Expense Ratio

0.29% (inclusive of GST)

Exit Load

On or before expiry of 90 Days from the date allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment: Nil On or before expiry of 90 Days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment: 1% Redemption after expiry of 90 Days from the date of allotment: Nil

Ratings

ARQ Rating
3.5

Ratings by other agencies

4
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Tata Mutual Fund Managers

R

RahulSingh

Fund Manager since Apr 2022

Fund House Details

Tata Mutual Fund

Tata Mutual Fund Asset management company

AUM ₹147,271.50 Cr.
No. of Schemes 165
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Tata Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

TATA Balanced Advantage Fund Direct Plan Growth

14.44%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

TATA Balanced Advantage Fund Direct Plan Payout of IDCW Payout

14.44%
6.26%

About Tata Balanced Advantage Fund Direct Plan Growth

The Tata Balanced Advantage Fund — Direct Plan Growth is an open-ended scheme offered by Tata Mutual Fund. It follows the dynamic asset allocation strategy, where the mix of assets in its portfolio is regularly readjusted in accordance with market movements and economic developments or trends. This mutual fund scheme recognises the CRISIL Hybrid 50+50 - Moderate Index (TRI) as its benchmark. This is an open-ended scheme, meaning the investor can invest at any time.

Investment Objective of the Scheme

The primary aim of the Tata Balanced Advantage Fund is to generate income and capital appreciation over the medium to long term. The mutual fund plans to achieve its objective by constructing a balanced portfolio of equity, equity-related instruments, money market and debt instruments using an active asset allocation strategy.

Key Features of The Fund

5-year return 14.31%
Expense Ratio 0.29%
Fund Manager RahulSingh
Fund Size ₹8943.06 Cr
Risk Profile Moderately High

Is This Scheme Right for Me?

The Tata Balanced Advantage Fund Direct Plan Growth could be a good option if you wish to invest in a mutual fund that dynamically adjusts its asset allocation based on the prevailing market conditions. Adding the fund to your portfolio could be a good way to diversify since the fund invests in equity, debt and arbitrage instruments across different sectors and market capitalisation. Nonetheless, before taking any investment decisions, make sure of your personal financial goals and tolerance of risk.

AMC Contact Details

Name Tata Mutual Fund
Launch Date March 1994
Addresss Mulla House, Ground Floor, 51, M.G. Road, Near Flora Fountain, Mumbai – 400 001 Maharashtra
Contact (022) 6282 7777
Email service@tataamc.com
Website https://www.tatamutualfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of TATA Balanced Advantage Fund Direct Plan Growth?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of TATA Balanced Advantage Fund Direct Plan Growth Apr 18 2024 is 20.339

What is the AUM of TATA Balanced Advantage Fund Direct Plan Growth?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of TATA Balanced Advantage Fund Direct Plan Growth is 8943.06 crore.

What is the expense ratio of TATA Balanced Advantage Fund Direct Plan Growth?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of TATA Balanced Advantage Fund Direct Plan Growth is 0.29%

What are the returns of TATA Balanced Advantage Fund Direct Plan Growth since inception?

The TATA Balanced Advantage Fund Direct Plan Growth was launched on Jan 09 2019. The fund has delivered a CAGR of 14.62 since inception.

What is the minimum SIP amount to invest in TATA Balanced Advantage Fund Direct Plan Growth?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for TATA Balanced Advantage Fund Direct Plan Growth is 100.

How do I invest in TATA Balanced Advantage Fund Direct Plan Growth?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in TATA Balanced Advantage Fund Direct Plan Growth?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in TATA Balanced Advantage Fund Direct Plan Growth?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in TATA Balanced Advantage Fund Direct Plan Growth?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.