Tata Balanced Advantage Fund

Review Date: 09-05-2025

Beginning of Analysis

In the Dynamic Asset Allocation or Balanced Advantage Fund category, Tata Balanced Advantage Fund is the 16th ranked fund. The category has total 24 funds. The 2 star rating shows a poor past performance of the Tata Balanced Advantage Fund in Dynamic Asset Allocation or Balanced Advantage Fund. The fund has a Jensen Alpha of 0.98% which is higher than the category average of 0.3%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.43 which is higher than the category average of 0.41.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Dynamic Asset Allocation or Balanced Advantage Mutual Funds

Tata Balanced Advantage Fund Return Analysis

• The fund has given a return of 3.04%, 1.42 and -0.56 in last one, three and six months respectively. In the same period the category average return was 3.82%, 1.67% and -0.54% respectively.
• Tata Balanced Advantage Fund has given a return of 6.73% in last one year. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 8.31%.
• The fund has given a return of 12.94% in last three years and ranked 14.0th out of 24 funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 13.59%.
• The fund has given a return of 16.36% in last five years and ranked 8th out of 18 funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 15.96%.
• The fund has given a SIP return of 1.97% in last one year whereas category average SIP return is 2.44%. The fund one year return rank in the category is 23rd in 34 funds
• The fund has SIP return of 11.21% in last three years and ranks 17th in 24 funds. Hdfc Balanced Advantage Fund has given the highest SIP return (18.06%) in the category in last three years.
• The fund has SIP return of 12.35% in last five years whereas category average SIP return is 12.37%.

Tata Balanced Advantage Fund Risk Analysis

• The fund has a standard deviation of 7.23 and semi deviation of 5.16. The category average standard deviation is 8.5 and semi deviation is 6.03.
• The fund has a Value at Risk (VaR) of -8.79 and a maximum drawdown of -8.35. The category average VaR is -9.92 and the maximum drawdown is -9.62. The fund has a beta of 0.95 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.

Very Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category

Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category

Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category

Very Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category