HybridDynamic Asset Allocation or Balanced AdvantageRegularGrowthHigh

Tata Balanced Advantage Fund

Q: What is the NAV of Tata Balanced Advantage Fund?

As of 05 Oct 2026, the NAV of Tata Balanced Advantage Fund is ₹20.04 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Tata Balanced Advantage Fund delivered?

Tata Balanced Advantage Fund has returned -1.77% over 1 year, +6.10% per year over 3 years, +6.62% per year over 5 years and +9.46% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund charges an expense ratio of 1.86% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund's largest holdings are RELIANCE INDUSTRIES LTD (4.2%), HDFC BANK LTD (2.9%), BHARTI AIRTEL LTD (2.9%), ICICI BANK LTD (2.5%) and 7.34% (22/04/2064) (2.1%). Holdings are disclosed monthly and change over time.

Q: How risky is Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.5% and its worst peak-to-trough fall in our sample was -20.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.05 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Balanced Advantage Fund's -0.05 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund is benchmarked against the CRISIL Hybrid 50+50 - Moderate Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund is managed by Rahul Singh, Sailesh Jain, Murthy Nagarajan and Amit Somani at Tata.

Q: How is Tata Balanced Advantage Fund taxed?

Tata Balanced Advantage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Tata Mutual Fund · Best Balanced Advantage Mutual Funds

NAV

₹20.04

+0.30% 1D

as of 05 Oct 2026

This is the Regular plan of Tata Balanced Advantage Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

Compare SIP calculator

Performance

-2.28%absolute

52-week rangePrev NAV ₹19.98

Latest ₹20.04

Low ₹19.3732nd percentile of its 52-week rangeHigh ₹21.44

Scorecard

★★★☆☆3/5 vs 30 of 36 Dynamic Asset Allocation or Balanced Advantage peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Dynamic Asset Allocation or Balanced Advantage (same plan and option). 30 of the 36 Dynamic Asset Allocation or Balanced Advantage funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +6.10% · ranks 27 of 30 Dynamic Asset Allocation or Balanced Advantage funds

RiskLow

Volatility 7.5% vs 8.5% category avg

CostLow

1.9% expense vs 2.3% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Dynamic Asset Allocation or Balanced Advantage peers (7.5% vs 8.5%)
Low expense ratio (1.86%) vs the Dynamic Asset Allocation or Balanced Advantage average of 2.31%
Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the Dynamic Asset Allocation or Balanced Advantage average on 1M/3M/6M/1Y — 1Y by 1.05pp
3-year return (+6.10%) trails the Dynamic Asset Allocation or Balanced Advantage average (+7.62%)
Weaker risk-adjusted returns — Sharpe -0.05 below the Dynamic Asset Allocation or Balanced Advantage average of 0.14

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.86%

Category 2.31%▼0.45%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

22.09

Category —

Excess return per unit of total volatility (rf = 6.5%)

-0.05

Category 0.14▼0.19

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Redemption/Switch-out/SWP/STP: 1. On or before 30 days from the date of allotment: 0.50%. 2. After 30 days from the date of allotment: NIL.

Up to 0.50%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Hybrid 50+50 - Moderate Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

29 Jan 2019

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.32%

Absolute return over the last 3 months (not annualized)

-5.64%

Absolute return over the last 6 months (not annualized)

+2.68%

Absolute return since 1 Jan of this year (not annualized)

-4.81%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-1.77%

3-year annualized return (CAGR)

+6.10%

5-year annualized return (CAGR)

+6.62%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+9.46%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

7.53%

Excess return per unit of total volatility (rf = 6.5%)

-0.05

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.07

Largest peak-to-trough decline over full history

-20.29%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

-0.39%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.60

How much of the fund's movement Nifty 50 TRI explains

93.0%

Excess return per unit of beta (market risk)

-0.64

Active return over the benchmark per unit of tracking error

-0.01

Annualized std dev of fund-minus-benchmark returns

6.10%

Fund's share of benchmark gains in up months (100 = matches index)

65.8%

Fund's share of benchmark losses in down months (lower is better)

53.9%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Dynamic Asset Allocation or Balanced Advantage)

Period	Fund	Category avg.	Diff
1M abs	-4.32%	-3.03%	-1.29%
3M abs	-5.64%	-2.37%	-3.27%
6M abs	+2.68%	+4.42%	-1.74%
1Y CAGR	-1.77%	-0.72%	-1.05%
3Y CAGR	+6.10%	+7.62%	-1.52%
5Y CAGR	+6.62%	+7.11%	-0.49%

Category average across peers in Dynamic Asset Allocation or Balanced Advantage (up to 36 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 36 peers in Dynamic Asset Allocation or Balanced Advantage

1Y return

-1.77%

Beats 34.3% · rank #24

3Y return

+6.10%

Beats 10.3% · rank #27

5Y return

+6.62%

Beats 42.1% · rank #12

Sharpe

-0.05

Beats 10.3% · rank #27

Sortino

-0.07

Beats 10.3% · rank #27

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.81L

Absolute

+13.50%

XIRR

+5.17%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Tata Balanced Advantage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-4.81%	-12.85%	+8.04%
2025	+6.02%	+11.97%	-5.95%
2024	+10.76%	+10.16%	+0.60%
2023	+17.01%	+21.69%	-4.68%
2022	+5.48%	+5.68%	-0.20%
2021	+16.47%	+25.49%	-9.02%
2020	+15.54%	+16.57%	-1.03%
2019part	+7.91%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

1,891

Expense ratio

1.86%

AUM

₹8,873Cr

Portfolio turnover

85%

Exit load

Redemption/Switch-out/SWP/STP: 1. On or before 30 days from the date of allotment: 0.50%. 2. After 30 days from the date of allotment: NIL.

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

22.1

P/B ratio

4.0

Avg market cap

₹4,16,082Cr

P/E & P/B are portfolio-weighted harmonic means across 53 of 62 equity holdings (62% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Dynamic Asset Allocation or Balanced Advantage

Compare all


Tata Balanced Advantage FundThis fund Tata · Regular · Growth	★★★☆☆	-1.77%	+6.10%	+6.62%	—	1.86%	₹8,873Cr
quant Dynamic Asset Allocation Fund quant · Regular · Growth	★★★★☆	-3.35%	+11.39%	—	—	3.00%	₹902.64Cr
Aditya Birla Sun Life Balanced Advantage Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+3.36%	+9.86%	+8.32%	—	1.95%	₹9,211Cr
Baroda BNP Paribas Balanced Advantage Fund Baroda BNP Paribas · Regular · Growth	★★★★☆	+1.76%	+9.80%	+8.79%	—	2.04%	₹4,798Cr
ICICI Prudential Balanced Advantage Fund ICICI Prudential · Regular · Growth	★★★★★	+1.06%	+9.67%	+9.23%	—	1.56%	₹70,787Cr
HDFC Balanced Advantage Fund HDFC · Regular · Growth	★★★★☆	-3.14%	+9.66%	+12.25%	—	1.31%	₹1,04,783Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 94% of the equity sleeve priced.

Large cap70.2%
Mid cap16.9%
Small cap12.9%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity69.16%
Debt27.05%
Cash & Equivalents3.79%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Tata Multi Asset Allocation Fund Tata · Multi Asset Allocation	57.4% of 66% equity	★★★☆☆	0.65%	+11.98%
Kotak Large Cap Fund Kotak Mahindra · Large Cap Fund	47.5%	★★★★☆	0.76%	+9.26%
Tata Business Cycle Fund Tata · Sectoral/ Thematic	47.5%	★★★★☆	0.91%	+10.11%
Taurus Nifty 50 Index Fund Taurus · Index Funds	45.7%	★★☆☆☆	0.86%	+5.15%
Choice Nifty 50 Index Fund Choice · Index Funds	45.7%	—	0.68%	—
Bandhan Nifty 50 Index Fund Bandhan · Index Funds	45.7%	★★★☆☆	0.16%	+5.91%
HDFC Nifty 50 Index Fund HDFC · Index Funds	45.7%	★★★☆☆	0.29%	+5.84%
Tata Nifty 50 Index Fund Tata · Index Funds	45.7%	★★★☆☆	0.27%	+5.80%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 1.46% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I1.46%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-20.3%24 Jan 2020 → 23 Mar 2020
Fell over 2 months, back to the old high on 20 Jul 2020 — 4 months under water after the low.
-8.9%26 Sep 2024 → 28 Feb 2025
Fell over 5 months, back to the old high on 17 Oct 2025 — 8 months under water after the low.
-8.6%02 Jan 2026 → 30 Mar 2026
Fell over 3 months, back to the old high on 02 Jul 2026 — 3 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹8,873Cr

April - June 2026

-5%

since January - March 2026

−₹311.79Cr

est. net flow, last quarter

Down +5% from its peak of ₹9,375Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Tata Mutual Fund is run by Tata Asset Management, part of the Tata Group, and has been in business since 1995. It runs a broad line-up across equity, debt and hybrid, including several long-running thematic schemes.

Launched

29 Jun 1995

Total AUM

₹2,36,199Cr+3.4% QoQ

Avg AUM · July - September 2026

Website

tatamutualfund.com

Fund Managers

RSRahul SinghManaging since 09 Jan 2019

Role

Chief Investment Officer- Equities

Education

B.Tech, PGDBM

Experience

Management 29 Tata Balanced Mr. Rahul Singh is Chief Investment Officer-Equities. He is with Advantage Fund Tata Asset Management Ltd. since October 2018. Reporting to Chief Executive Officer and Managing Director. Tata Multi Asset Allocation Fund, From July 2015 to October 2018 with Ampersand Capital Investment Advisors LLP as Managing Partner. Tata Children’s Fund From August 2010 to March 2015 with Standard Chartered Securities Ltd. as Managing Director Reporting to CEO. From August 2005 to June 2010 with Citigroup Global Markets as Senior Research Analyst Reporting to Head of Research. Tata Arbitrage From Nov’2018 with Tata Asset Management Limited – Fund

Funds managed (1)

Tata Business Cycle Fund

All schemes Rahul Singh runs →

SJSailesh JainManaging since 09 Jan 2019

Role

Fund Manager

Education

MBA (Finance)

Funds managed (3)

All schemes Sailesh Jain runs →

MNMurthy NagarajanManaging since 01 Jun 2026

Role

Head-Fixed Income

Education

B. Com, M. Com, PGPMS, ICWA (Inter)

Experience

29 Tata Business Presently working with Tata Asset Management Pvt Ltd. since Cycle Fund, March 2017 as Head - Fixed Income, Reporting to Chief

Funds managed (6)

All schemes Murthy Nagarajan runs →

ASAmit SomaniManaging since 01 Jun 2026

Role

Senior Fund Manager

Education

B. Com, PGDBM, CFA

Experience

Sep 2012 – till date with Tata Asset Management Ltd. as a Fund Manager reporting to Head-Fixed Income. Jun 2010 – Aug 2012 with Tata Asset Management Ltd. as a Credit Analyst reporting to Head of Fixed Income. September 2006 – April 2010 with Fidelity Investments as Research Associate. July 2004 to August 2006 with Netscribes Pvt. Ltd as Research analyst. Jun 2003 to July 2004 with SPA Capital as debt market dealer. February 2001 to May 2003 with Khandwala Securities as debt market dealer.

Funds managed (6)

All schemes Amit Somani runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Sailesh Jain Murthy Nagarajan Amit Somani

Top holdings

RELIANCE INDUSTRIES LTD HDFC BANK LTD BHARTI AIRTEL LTD ICICI BANK LTD LARSEN & TOUBRO LTD APOLLO HOSPITALS ENTERPRISE LTD SHRIRAM FINANCE LTD GODREJ PROPERTIES LTD BROOKFIELD INDIA REAL ESTATE TRUST STATE BANK OF INDIA BAJAJ FINSERV LTD MAHINDRA & MAHINDRA LTD

Tata in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Balanced Advantage funds

Balanced advantage (dynamic asset allocation) funds move between equity and debt based on market valuations, adding more stocks when they look cheap and trimming when they look dear. The goal is a smoother ride.

Frequently asked questions

What is the NAV of Tata Balanced Advantage Fund?

As of 05 Oct 2026, the NAV of Tata Balanced Advantage Fund is ₹20.04 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Tata Balanced Advantage Fund delivered?

Tata Balanced Advantage Fund has returned -1.77% over 1 year, +6.10% per year over 3 years, +6.62% per year over 5 years and +9.46% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund charges an expense ratio of 1.86% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund's largest holdings are RELIANCE INDUSTRIES LTD (4.2%), HDFC BANK LTD (2.9%), BHARTI AIRTEL LTD (2.9%), ICICI BANK LTD (2.5%) and 7.34% (22/04/2064) (2.1%). Holdings are disclosed monthly and change over time.

How risky is Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.5% and its worst peak-to-trough fall in our sample was -20.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.05 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Balanced Advantage Fund's -0.05 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund is benchmarked against the CRISIL Hybrid 50+50 - Moderate Index. Its alpha and beta on this page are measured against that index.

Who manages Tata Balanced Advantage Fund?

Tata Balanced Advantage Fund is managed by Rahul Singh, Sailesh Jain, Murthy Nagarajan and Amit Somani at Tata.

How is Tata Balanced Advantage Fund taxed?

Tata Balanced Advantage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.