Tata Balanced Advantage Fund
Tata Mutual Fund·Dynamic Asset Allocation Fund·vs CRISIL Hybrid 50+50
The fund has shifted decisively toward cyclical and infrastructure plays, exiting tech and defensive staples like TCS and UltraTech to add commodity and power stocks. The 80% equity allocation signals confidence in the current rally, while the concentrated positioning in financials and energy reflects conviction that rate cycles and commodity demand will drive returns. The tactical additions suggest the manager expects infrastructure momentum and industrial recovery to outpace IT and consumer discretionary headwinds.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹22.8478 | — | — | — | — | — | — |
| Regular Growth | ₹20.4186 | +0.72% | -2.32% | -2.35% | +1.83% | +9.09% | +9.18% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
126
Top 5 Weight
17.34%
Top 10 Weight
25.80%
Active Share
—
Large Cap
46.62%
Gini
0.467
What Changed2026-03-31 → 2026-04-30
Holdings: 143 → 133+10 added−20 removed18 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| VEDANTA ALUMINIUM METAL LTD | 0.18% |
| MALCO ENERGY LTD | 0.18% |
| TALWANDI SABO POWER LTD | 0.18% |
| VEDANTA IRON AND STEEL LTD | 0.18% |
| SDL GUJARAT 8.14% (20/03/2029) | 0.56% |
| ** JSW KALINGA STEEL LTD - 24/03/2031 - ZCB | 0.54% |
| ** 07.45 % TORRENT PHARMACEUTICALS LTD - 19/01/2028 | 0.16% |
| ** - NABARD - CD - 17/03/2027 | 1.54% |
| (D) TREPS | 0.78% |
| E) REPO | 0.90% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | RELIANCE INDUSTRIES LTD INE002A01018 | 4.93% |
| 2 | HDFC BANK LTD INE040A01034 | 4.90% |
| 3 | BHARTI AIRTEL LTD INE397D01024 | 2.92% |
| 4 | LARSEN & TOUBRO LTD INE018A01030 | 2.55% |
| 5 | ICICI BANK LTD INE090A01021 | 2.04% |
| 6 | GOI - 7.34% (22/04/2064) IN0020240035 | 1.99% |
| 7 | GOI - 6.54% (17/01/2032) IN0020210244 | 1.72% |
| 8 | APOLLO HOSPITALS ENTERPRISE LTD INE437A01024 | 1.64% |
| 9 | SHRIRAM FINANCE LTD INE721A01047 | 1.56% |
| 10 | GOI - 7.09% (05/08/2054) IN0020240118 | 1.55% |
| 11 | GODREJ PROPERTIES LTD INE484J01027 | 1.55% |
| 12 | ** - NABARD - CD - 17/03/2027 INE261F16AP5 | 1.54% |
| 13 | CUMMINS INDIA LTD INE298A01020 | 1.54% |
| 14 | STATE BANK OF INDIA INE062A01020 | 1.52% |
| 15 | MAHINDRA & MAHINDRA LTD INE101A01026 | 1.49% |
| 16 | BROOKFIELD INDIA REAL ESTATE TRUST INE0FDU25010 | 1.48% |
| 17 | ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD INE742F01042 | 1.47% |
| 18 | HINDUSTAN UNILEVER LTD INE030A01027 | 1.47% |
| 19 | BAJAJ FINSERV LTD INE918I01026 | 1.40% |
| 20 | NTPC LTD INE733E01010 | 1.37% |
Sector Allocation
Banks11.7%
Petroleum Products5.7%
Finance5.3%
Realty4.8%
Telecom - Services3.8%
Insurance3.6%
Power3.2%
Construction3.2%
Healthcare Services3.0%
Cement & Cement Products2.6%
Top 10 sectors by % to NAV. Excludes derivatives.