Tata Balanced Advantage Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Dynamic Asset Allocation or Balanced Advantage

Fund House : Tata Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 15.9813 -0.53%
(as on 19th August, 2022)

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Crisil Rank

Not Ranked

Rank not available for the fund

Fund Size

: ₹ 5465.95 Cr

(2.96% of Investment in Category)

Expense Ratio

: 0.3%

(0.66% Category average)

Risk-O-Meter

Very High

Dynamic Asset Allocation or Balanced Advantage :Dynamic Asset Allocation or Balanced Advantage : The fund has 65.49% investment in domestic equities of which 49.86% is in Large Cap stocks, 8.2% is in Mid Cap stocks, 2.15% in Small Cap stocks.The fund has 27.12% investment in Debt, of which 7.46% in Government securities, 19.66% is in Low Risk securities.

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This Scheme

VS

Nifty 50

5.27%

7.97%

2.86%

6.48%

15.66%

10.79%

9.63%
NA
4.73%

7.55%

3.93%

6.76%

14.72%

9.31%

9.74%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 18th August, 2022)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	11-Aug-22	10102.00	1.02%	-	1.14%	18/24
1 Month	18-Jul-22	10492.10	4.92%	-	5.73%	20/24
3 Month	18-May-22	10634.60	6.35%	-	6.98%	18/24
6 Month	18-Feb-22	10488.90	4.89%	-	4.62%	7/24
YTD	31-Dec-21	10503.20	5.03%	-	3.77%	6/24
1 Year	18-Aug-21	10881.30	8.81%	8.81%	7.52%	4/20
2 Year	18-Aug-20	13871.20	38.71%	17.78%	15.20%	3/19
3 Year	16-Aug-19	15509.90	55.10%	15.71%	13.42%	4/18
Since Inception	28-Jan-19	16066.50	60.66%	14.26%	9.96%	2/24

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 18th August, 2022)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	18-Aug-21	12000	12684.37	5.7 %	10.74 %
2 Year	18-Aug-20	24000	27533.82	14.72 %	13.82 %
3 Year	16-Aug-19	36000	45736.75	27.05 %	16.17 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 31st Jul,2022)

Portfolio Turnover Ratio : 60.00% | Category average turnover ratio is 411.15%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 65.49% | F&O Holdings : 1.78%| Foreign Equity Holdings : 0.00%| Total : 67.27%

No of Stocks : 76 (Category Avg - 79.80) | Large Cap Investments : 49.86%| Mid Cap Investments : 8.2% | Small Cap Investments : 2.15% | Other : 7.06%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Reliance Industries Ltd.	Refineries/marketing	2048.8	3.75%	-0.41%	4.28% (May 2022)	2.42% (Nov 2021)	8.16 L	0.00
ICICI Bank Ltd.	Banks	1850.9	3.39%	0.33%	4.32% (Aug 2021)	2.53% (Nov 2021)	22.61 L	54.13 k
Larsen & Toubro Ltd.	Engineering, designing, construction	1422.5	2.60%	0.64%	2.6% (Jul 2022)	1.5% (Nov 2021)	7.87 L	1.44 L
Housing Development Finance Corporation Ltd.	Housing finance	1370.6	2.51%	0.20%	3.18% (Feb 2022)	1.22% (Dec 2021)	5.76 L	33.00 k
Tata Consultancy Services Ltd.	Computers - software	1285.9	2.35%	0.32%	2.86% (Dec 2021)	1.54% (Sep 2021)	3.89 L	73.20 k
- Axis Bank Ltd.	Banks	1160.7	2.12%	0.00%	2.25% (Jan 2022)	0.5% (Aug 2021)	16.02 L	-0.96 L
HDFC Bank Ltd.	Banks	1160.4	2.12%	-0.07%	2.34% (May 2022)	0.05% (Jul 2022)	8.09 L	-0.37 L
Bharti Airtel Ltd.	Telecom - services	1077.8	1.97%	-0.10%	3.03% (Aug 2021)	0% (Jun 2022)	15.90 L	46.90 k
State Bank Of India	Banks	1075.2	1.97%	0.11%	3.31% (Oct 2021)	1.67% (Apr 2022)	20.35 L	0.00
Infosys Ltd.	Computers - software	1065.1	1.95%	-0.22%	2.73% (Mar 2022)	1.8% (Apr 2022)	6.87 L	-0.70 L

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 65 (Category Avg - 26.88) | Modified Duration 1.65 Years (Category Avg - 1.54)| Yield to Maturity 6.62% (Category Avg - 6.24%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	7.46%	8.46%
CD	0.00%	1.47%
T-Bills	0.00%	4.78%
CP	0.00%	0.37%
NCD & Bonds	19.66%	7.67%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	7.46%	13.24%
Low Risk	19.66%	9.44%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
Repo	Repo	5.08%
MF Units	MF Units	3.10%
Brookfield India Real Estate Trust	InvITs	0.05%
Net Receivables	Net Receivables	-2.62%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th July, 2022)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

11.16vs11.74

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

0.97vs0.65

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.7vs0.46

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.08vs0.09

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

0.04vs-1.45

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HDFC Balanced Advantage Fund - Direct Plan - Growth	4	46130.44	5.87	10.47	9.09	18.06	17.92
Bank of India Balanced Advantage Fund - Direct Plan - Growth	NA	77.30	5.61	7.70	14.13	15.01	11.41
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth	NA	41741.89	3.24	6.56	4.64	9.70	14.20
Shriram Balanced Advantage Fund - Direct Plan - Growth	NA	50.19	4.42	6.47	4.01	7.82	12.56
Sundaram Balanced Advantage Fund - Direct Plan - Growth	NA	1607.25	5.50	9.12	4.79	7.47	10.33
Baroda BNP Paribas Balanced Advantage Fund - Direct - Growth	NA	3459.62	5.78	9.07	3.09	7.10	17.66
Kotak Balanced Advantage Fund - Direct Plan - Growth	NA	14157.16	4.66	7.66	4.06	6.82	13.56
Nippon India Balanced Advantage Fund - Direct Plan - Growth	NA	6417.11	4.49	8.16	5.43	6.71	13.42
Edelweiss Balanced Advantage Fund - Direct Plan - Growth	NA	8457.66	5.29	7.60	2.71	5.95	17.52
PGIM India Balanced Advantage Fund - Direct Plan - Growth	NA	1509.29	6.06	9.48	4.02	5.86	0.00

Detailed Comparison

More Funds from Tata Mutual Fund

Out of 44 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 2 is/are ranked 4 * , 12 is/are ranked 3 * , 5 is/are ranked 2 * , 2 is/are ranked 1 * , and 21 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Tata Liquid Fund - Direct Plan - Growth	2	16115.90	0.41	1.22	2.09	3.86	4.15
Tata Arbitrage Fund - Direct Plan - Growth	4	7984.80	0.37	0.92	1.77	3.89	5.01
Tata Money Market Fund - Direct Plan - Growth	3	7642.54	0.44	1.41	2.13	4.11	5.27
Tata Digital India Fund - Direct Plan - Growth	NA	5881.32	9.12	2.26	-8.54	-3.94	32.52
Tata Balanced Advantage Fund - Direct Plan - Growth	NA	5465.95	4.92	6.35	4.89	8.81	15.71
Tata Equity PE Fund - Direct Plan - Growth	2	5029.40	9.75	11.17	7.53	11.76	18.59
Tata Overnight Fund - Direct Plan - Growth	NA	4612.40	0.42	1.17	2.04	3.73	3.67
Tata Hybrid Equity Fund - Direct Plan - Growth	2	3190.20	8.12	11.21	6.23	9.21	16.34
Tata Large & Mid Cap Fund - Direct Plan - Appreciation	3	3102.21	10.06	14.65	9.64	11.02	20.88
Tata India Tax Savings Fund - Direct Plan - Growth	3	3014.29	9.98	12.81	5.73	12.75	20.28