Tata Balanced Advantage Fund
Dynamic Asset Allocation or Balanced Advantage · Tata Asset Management Limited
Among the 135 funds in its category, this one has grown money a bit faster than average. ₹1 lakh invested 5 years ago would be about ₹1.5 lakh today. Investing ₹10,000 every month for the last 5 years would have put in ₹6.1 lakh and grown it to about ₹7.4 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹79,980. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Tata Balanced Advantage Fund is a Dynamic Asset Allocation or Balanced Advantage fund from Tata Asset Management Limited. It has a track record of about 7.6 years. As of the latest data it carries an RS rating of 55/99 (its recent momentum versus category peers) and a King Score of 66/100 (a long-term quality composite). The current NAV is ₹23.05 (as of 2026-09-16).
Growth of ₹100 - last 5 years
Tata Balanced Advantage Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -3.47% | -2.55% |
| 3 months | -1.07% | 0.65% |
| 6 months | 2.4% | 3.72% |
| 1 year | 1.4% | 1.46% |
| 3 years (CAGR) | 7.82% | 8.91% |
| 5 years (CAGR) | 8.67% | 8.8% |
The last 5 years return is 8.67% a year (₹1 lakh → ₹1.5 lakh), and the last 3 years return is 7.82% - behind its category's 8.91% average by 1.1 points. Its trailing one-year return is 1.4%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Tata Balanced Advantag | Benchmark |
|---|---|---|
| 2020 | +17.6% | +16.7% |
| 2021 | +18.4% | +30.2% |
| 2022 | +7.1% | +3.0% |
| 2023 | +18.7% | +25.8% |
| 2024 | +12.3% | +15.2% |
| 2025 | +7.4% | +6.7% |
| 2026 | -1.7% | -5.8% |
Tata Balanced Advantage Fund beat its benchmark in 4 of the last 7 calendar years. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in Tata Balanced Advantage Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹395,377 | 4.36% |
| 5 years | ₹610,000 | ₹742,792 | 7.81% |
Over 5 years, ₹610,000 invested in monthly instalments would have grown to about ₹742,792 - an XIRR of 7.81%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -20.02% | -16.31% |
| Worst drawdown (3Y) | -8.43% | -9.91% |
| Volatility (1Y) | 10.69% | 10.51% |
| Sharpe (3Y) | 0.17 | 0.28 |
| Sortino (3Y) | 0.33 | 0.47 |
| Beta (3Y) | 0.52 | 0.55 |
| Alpha (3Y) | 0.35% | 1.16% |
| Up capture | 57.0% | 60.22% |
| Down capture | 48.9% | 50.55% |
| Bull-market return | 19.2% | 18.15% |
| Bear-market return | -9.9% | -14.83% |
Timing matters more than people admit: the best possible 1-year stretch in Tata Balanced Advantage Fund (starting 2020-03-23) gained 52.1%, while the worst (starting 2019-03-22) lost 11.5%. The worst peak-to-bottom fall Tata Balanced Advantage Fund has ever put investors through is -20.02% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -9.9% annualised, versus 19.2% in rising markets. It has captured roughly 57.0% of its benchmark's up-moves and 48.9% of its down-moves.
How Tata Balanced Advantage Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Tata Balanced Advantage Fund has historically returned about -9.9% annualised, versus roughly 19.2% when the market is rising. Its deepest fall on record is -20.02%. Right now it sits about 3.92% below its all-time high (last hit 2026-08-10). The real question isn't the average year - it's whether you could hold on through the worst one.
How Tata Balanced Advantage Fund ranks in its category
Percentile versus its ~135 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
| Measure | Value |
|---|---|
| Median 3Y rolling CAGR | 14.0% |
| 3Y windows positive | 100.0% |
| Worst 3Y window | 9.86% |
| 3Y windows beating Nifty 500 | 3.0% |
| Median 5Y rolling CAGR | 14.63% |
Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Tata Balanced Advantage Fund returned a median of 14.0% a year, and 100.0% of those windows were positive.
What Tata Balanced Advantage Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 24.4% of the portfolio, across 64 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
Tata Balanced Advantage Fund shares WhiteOak Capital Balanced Advantage Fund (0%), Mirae Asset Balanced Advantage Fund (0%), SBI Balanced Advantage Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.
Who manages Tata Balanced Advantage Fund - and how good are they?
Tata Balanced Advantage Fund is managed by Murthy Nagarajan, Amit Somani and Rahul Singh. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Murthy Nagarajan's full record
Murthy Nagarajan currently runs 7 funds, across Dynamic Asset Allocation or Balanced Advantage, FoF Domestic, Index Funds, Multi Cap Fund and more, with about ₹16,084 Cr under management. The book's average King Score is 59.5/100. Their strongest fund by King Score is Tata Nifty G-Sec Dec 2029 Index Fund (77/100); Tata Balanced Advantage Fund ranks #3 of 7 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tata Nifty G-Sec Dec 2029 Index Fund | 60 | 77 | 0.7% | 2.1% | 5.1% | 7.6% | n/a | n/a | 0.62 | 7.8% | -1.1% |
| 2 | Tata Nifty SDL Plus AAA PSU Bond Dec 6040 Index Fund | 76 | 75 | 1.5% | 2.7% | 5.7% | 7.4% | n/a | n/a | 0.93 | 7.8% | -2.3% |
| 3 | Tata Balanced Advantage Fund (this page) | 55 | 66 | -1.1% | 2.4% | 1.4% | 7.8% | 8.7% | n/a | 0.17 | 14.0% | -20.0% |
| 4 | Tata Business Cycle Fund | 42 | 64 | -1.2% | 6.8% | 0.6% | 11.0% | 14.1% | n/a | 0.3 | 20.3% | -20.0% |
| 5 | Tata Multicap Fund | 42 | 42 | -1.3% | 8.6% | 6.2% | 9.4% | n/a | n/a | 0.19 | 14.1% | -22.4% |
| 6 | Tata Housing Opportunities Fund | 30 | 33 | -1.2% | 5.6% | -3.4% | 6.8% | n/a | n/a | 0.03 | 15.8% | -24.2% |
| 7 | Tata Income Plus Arbitrage Active FOF | 52 | n/a | 1.4% | 2.8% | 5.8% | n/a | n/a | n/a | -1.06 | n/a | -0.3% |
Amit Somani's full record
Amit Somani currently runs 8 funds, across Corporate Bond Fund, Dynamic Asset Allocation or Balanced Advantage, FoF Domestic, Index Funds and more, with about ₹45,670 Cr under management. The book's average King Score is 74.0/100. Their strongest fund by King Score is Tata Corporate Bond Fund (85/100); Tata Balanced Advantage Fund ranks #7 of 8 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tata Corporate Bond Fund | 79 | 85 | 1.2% | 2.7% | 5.3% | 7.3% | n/a | n/a | 0.6 | 7.8% | -1.7% |
| 2 | Tata Nifty G-Sec Dec 2029 Index Fund | 60 | 77 | 0.7% | 2.1% | 5.1% | 7.6% | n/a | n/a | 0.62 | 7.8% | -1.1% |
| 3 | Tata Money Market Fund | 96 | 76 | 2.0% | 3.6% | 6.8% | 7.5% | 6.8% | 6.1% | 1.79 | 6.1% | -6.6% |
| 4 | Tata Nifty SDL Plus AAA PSU Bond Dec 6040 Index Fund | 76 | 75 | 1.5% | 2.7% | 5.7% | 7.4% | n/a | n/a | 0.93 | 7.8% | -2.3% |
| 5 | Tata Nifty G Sec Dec 2026 Index Fund | 76 | 72 | 1.4% | 2.8% | 5.9% | 7.2% | n/a | n/a | 0.94 | 7.2% | -0.6% |
| 6 | Tata Short Term Bond Fund | 82 | 67 | 1.3% | 2.9% | 5.5% | 7.2% | 6.3% | 6.5% | 0.68 | 6.7% | -5.1% |
| 7 | Tata Balanced Advantage Fund (this page) | 55 | 66 | -1.1% | 2.4% | 1.4% | 7.8% | 8.7% | n/a | 0.17 | 14.0% | -20.0% |
| 8 | Tata Income Plus Arbitrage Active FOF | 52 | n/a | 1.4% | 2.8% | 5.8% | n/a | n/a | n/a | -1.06 | n/a | -0.3% |
Rahul Singh's full record
Rahul Singh currently runs 10 funds, across Banking and PSU Fund, Children s Fund, Dynamic Asset Allocation or Balanced Advantage, Gilt Fund and more, with about ₹29,296 Cr under management. The book's average King Score is 70.9/100. Their strongest fund by King Score is LIC MF Banking & PSU Fund (89/100); Tata Balanced Advantage Fund ranks #7 of 10 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | LIC MF Banking & PSU Fund | 88 | 89 | 1.4% | 3.0% | 5.5% | 7.3% | 6.3% | 7.0% | 0.68 | 7.8% | -2.8% |
| 2 | LIC MF Liquid Fund | 89 | 88 | 1.6% | 3.5% | 6.6% | 7.0% | 6.3% | 6.1% | 1.27 | 6.9% | -0.2% |
| 3 | LIC MF Overnight Fund | 90 | 83 | 1.3% | 2.6% | 5.3% | 6.1% | 5.7% | n/a | -1.66 | 5.5% | 0.0% |
| 4 | LIC MF Short Duration Fund | 89 | 83 | 1.2% | 3.0% | 5.8% | 7.5% | 6.3% | n/a | 0.91 | 5.8% | -2.3% |
| 5 | LIC MF Ultra Short Duration Fund | 97 | 79 | 1.9% | 3.7% | 6.8% | 7.2% | 6.3% | n/a | 1.42 | 5.7% | -1.3% |
| 6 | LIC MF Balanced Advantage Fund | 86 | 67 | 2.2% | 4.6% | 0.2% | 7.3% | n/a | n/a | 0.09 | 11.2% | -9.4% |
| 7 | Tata Balanced Advantage Fund (this page) | 55 | 66 | -1.1% | 2.4% | 1.4% | 7.8% | 8.7% | n/a | 0.17 | 14.0% | -20.0% |
| 8 | Tata Business Cycle Fund | 42 | 64 | -1.2% | 6.8% | 0.6% | 11.0% | 14.1% | n/a | 0.3 | 20.3% | -20.0% |
| 9 | LIC MF Gilt Fund | 75 | 63 | 1.6% | 2.4% | 2.8% | 5.5% | 4.9% | 6.5% | -0.27 | 7.4% | -7.4% |
| 10 | Tata Childrens Fund | 17 | 27 | -3.0% | -0.1% | -10.5% | 3.6% | 5.9% | 10.0% | -0.21 | 13.5% | -33.8% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.46% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹8,770 Cr |
| Age | 7.6 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Tata Balanced Advantage Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| WhiteOak Capital Balanced Advantage Fund | 97 | 94 | 11.3% |
| Mirae Asset Balanced Advantage Fund | 82 | 89 | 9.6% |
| SBI Balanced Advantage Fund | 52 | 87 | 9.2% |
| Axis Balanced Advantage Fund | 63 | 87 | 10.8% |
| HSBC Balanced Advantage Fund | 83 | 85 | 9.1% |
| Franklin India Balanced Advantage Fund | 65 | 83 | 9.3% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Tata Balanced Advantage Fund review: the bottom line
Related
Frequently asked questions
Is Tata Balanced Advantage Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Tata Balanced Advantage Fund scores 66/100 on our King Score and RS 55/99 within its category, has compounded 7.82% a year over three years, and its worst drawdown was -20.02%. Compare those against your needs and the peer table above.
What is the NAV of Tata Balanced Advantage Fund today?
The latest NAV is ₹23.05 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Tata Balanced Advantage Fund?
The Direct-plan expense ratio is 0.46% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Tata Balanced Advantage Fund?
Tata Balanced Advantage Fund is managed by Murthy Nagarajan; Amit Somani; Rahul Singh; Sailesh Jain.
Is Tata Balanced Advantage Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -20.02% - ₹1 lakh briefly becoming about ₹79,980. As a hybrid fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Tata Balanced Advantage Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 5 years grew ₹6.1 lakh into about ₹7.4 lakh (XIRR 7.81%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of Tata Balanced Advantage Fund?
A ₹10,000/month SIP over 5 years would have grown to about ₹742,792 (an XIRR of 7.81%) on ₹610,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does Tata Balanced Advantage Fund rank among similar funds?
On 3-year returns it sits around the 65th percentile of its category, and its consistency ranks 81th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is Tata Balanced Advantage Fund tax-efficient / what about capital gains?
As a hybrid fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Tata Balanced Advantage Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.