Axis Balanced Advantage Fund vs Tata Balanced Advantage Fund
Axis Balanced Advantage Fund and Tata Balanced Advantage Fund are both Balanced Advantage funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.93% vs +8.81%, 5-year CAGR +10.10% vs +8.79%, volatility 9.04% vs 9.08%, maximum drawdown −17.16% vs −20.02%. Their portfolios overlap by 21.6% (35 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| Fund house | Axis Mutual Fund | Tata Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹24.9200 | ₹23.3908 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 7 Aug 2017 | 29 Jan 2019 |
| Track record | 9.2 yrs | 7.8 yrs |
| Fund size (AUM) | ₹3,651 Cr | ₹7,906 Cr |
| Securities held | 155 | 116 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| 1 month | +5.55% | +3.95% |
| 3 months | +1.38% | −2.25% |
| 6 months | +4.44% | +0.32% |
| 1 year | +4.14% | +1.11% |
| 3 years (CAGR) | +12.93% | +8.81% |
| 5 years (CAGR) | +10.10% | +8.79% |
| 7 years (CAGR) | +11.39% | +11.52% |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +10.29% | +11.55% |
| SIP return (XIRR, 5 years) ⓘ | +10.95% | +7.90% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| 2026 (year to date) | +2.72% | −0.26% |
| 2025 | +8.16% | +7.38% |
| 2024 | +18.99% | +12.27% |
| 2023 | +21.46% | +18.70% |
| 2022 | +0.91% | +7.14% |
| 2021 | +17.23% | +18.43% |
Risk
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| Volatility (annualised) ⓘ | 9.04% | 9.08% |
| Downside volatility ⓘ | 5.93% | 6.55% |
| Sharpe ratio ⓘ | 0.71 | 0.25 |
| Sortino ratio ⓘ | 1.09 | 0.35 |
| Maximum drawdown ⓘ | −17.16% | −20.02% |
| Recovery from that fall | 7 months | 4 months |
| Current fall from peak | 0.00% | −2.76% |
| Rolling 1-year return: worst | −9.59% | −11.52% |
| Rolling 1-year return: median | +8.37% | +10.55% |
| Rolling 1-year return: best | +34.09% | +52.07% |
| Share of 1-year periods with a loss | 5.94% | 4.49% |
Against each fund's benchmark
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| Beta ⓘ | 0.59 | 0.58 |
| Alpha (Jensen's, annualised) ⓘ | +3.26% | −0.53% |
| R² ⓘ | 95.42 | 94.89 |
| Upside capture | 76.60% | 66.14% |
| Downside capture | 47.73% | 56.32% |
| Tracking error | 6.41% | 6.51% |
| Information ratio | 0.48 | -0.16 |
| Treynor ratio | 8.59 | 1.58 |
Portfolio
Asset mix
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| Equity | 73.79% | 57.22% |
| Debt | 22.04% | 27.79% |
| REITs / InvITs | 2.08% | 0.00% |
| Cash & equivalents | 2.04% | 2.45% |
Market-cap split (share of fund assets)
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| Large Cap | 58.24% | 34.89% |
| Mid Cap | 9.12% | 8.94% |
| Small Cap | 5.29% | 11.24% |
| Unclassified | 1.14% | 2.15% |
Concentration
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| Top 10 holdings | 32.16% | 22.06% |
| Effective number of stocks ⓘ | 57.1 | 88 |
| Securities held | 155 | 116 |
Portfolio overlap: 21.6%
35 companies are held by both funds; by weight, 21.6% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Axis Balanced Advantage | Tata Balanced Advantage |
|---|---|---|
| HDFC Bank Limited | 5.65% | 3.07% |
| ICICI Bank Limited | 5.81% | 2.44% |
| Bharti Airtel Limited | 2.38% | 3.01% |
| Larsen & Toubro Limited | 2.20% | 2.00% |
| Apollo Hospitals Enterprise Limited | 1.83% | 1.96% |
| Axis Bank Limited | 1.53% | 1.35% |
| NTPC Limited | 1.56% | 1.26% |
| Infosys Limited | 2.20% | 1.22% |
| Sun Pharmaceutical Industries Limited | 1.19% | 1.47% |
| Shriram Finance Limited | 0.91% | 1.87% |
| Varun Beverages Limited | 0.63% | 0.91% |
| HDFC Life Insurance Company Limited | 0.60% | 0.90% |
| Tata Steel Ltd. | 0.57% | 1.29% |
| Bharat Petroleum Corporation Ltd. | 0.36% | 0.88% |
| Tata Capital Limited | 0.36% | 1.32% |
Top 10 holdings
Axis Balanced Advantage
- ICICI Bank Limited5.81%
- HDFC Bank Limited5.65%
- Reliance Industries Limited4.43%
- State Bank of India3.26%
- Kotak Mahindra Bank Limited2.39%
- Bharti Airtel Limited2.38%
- Infosys Limited2.20%
- Larsen & Toubro Limited2.20%
- Mahindra & Mahindra Limited2.01%
- Apollo Hospitals Enterprise Limited1.83%
Tata Balanced Advantage
- HDFC Bank Limited3.07%
- Bharti Airtel Limited3.01%
- ICICI Bank Limited2.44%
- 7.34% GOI MAT 2204642.26%
- Larsen & Toubro Limited2.00%
- 6.54% GOVT OF INDIA RED 17-01-20321.96%
- Apollo Hospitals Enterprise Limited1.96%
- Shriram Finance Limited1.87%
- 7.09% Government of India (05/08/2054)1.75%
- Brookfield India Real Estate Trust1.74%
Sector exposure
| Axis Balanced Advantage | Tata Balanced Advantage | |
|---|---|---|
| Banks | 19.31% | 8.32% |
| Sovereign | 4.08% | 9.28% |
| CRISIL AAA | 6.44% | 2.61% |
| CRISIL AA+ | 6.17% | 0.93% |
| Realty | 2.25% | 5.46% |
| Insurance | 1.31% | 4.81% |
| Petroleum Products | 4.79% | 0.88% |
| Finance | 4.29% | 4.58% |
| Automobiles | 4.19% | -0.05% |
| Telecom - Services | 2.79% | 4.13% |
| Healthcare Services | 2.73% | 3.93% |
| IT - Software | 3.62% | 2.21% |
| SOVEREIGN | 0.03% | 3.58% |
| ICRA AA+ | 3.16% | 1.63% |
Questions people ask
What is the difference between Axis Balanced Advantage and Tata Balanced Advantage returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +4.14% vs +1.11%; 3-year CAGR +12.93% vs +8.81%; 5-year CAGR +10.10% vs +8.79%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Axis Balanced Advantage and Tata Balanced Advantage compare on risk?
Volatility (36 monthly returns, annualised) 9.04% vs 9.08%; Sharpe ratio 0.71 vs 0.25; Sortino ratio 1.09 vs 0.35; maximum drawdown −17.16% vs −20.02%; beta 0.59 vs 0.58.
How much do Axis Balanced Advantage and Tata Balanced Advantage overlap?
By weight, 21.6% of the two portfolios is invested in the same companies; 35 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, Bharti Airtel Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Axis Balanced Advantage and Tata Balanced Advantage?
Axis Balanced Advantage: large cap 58.2%, mid cap 9.1%, small cap 5.3%. Tata Balanced Advantage: large cap 34.9%, mid cap 8.9%, small cap 11.2% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.