Kotak Balanced Advantage Fund vs Tata Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Balanced Advantage Fund and Tata Balanced Advantage Fund are both Balanced Advantage funds. In the 3 years to 30-10-2026, Kotak Balanced Advantage Fund (Direct) returned 9.2% a year and Tata Balanced Advantage Fund (Direct) returned 7.4% a year. Kotak Balanced Advantage Fund charges 0.82% a year and Tata Balanced Advantage Fund 0.69% (Direct plans). Their portfolios overlap 34.9%: they hold 38 of the same securities.
Kotak Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 9.2%
- Expense ratio
- 0.82%
- NAV
- ₹22.45
Tata Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 7.4%
- Expense ratio
- 0.69%
- NAV
- ₹22.27
Which is better, Kotak Balanced Advantage or Tata Balanced Advantage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Balanced Advantage returned more over 5 years: 8.4% a year against 7.9%.
- Kotak Balanced Advantage returned more over 3 years: 9.2% a year against 7.4%.
- Tata Balanced Advantage costs less: 0.69% a year against 0.82% (Direct plans).
- Tata Balanced Advantage swung less over 3 years: a standard deviation of 7.5% a year against 8.0%.
- Tata Balanced Advantage fell less in its worst fall since 29-01-2019: −20.0% against −26.3%.
- Kotak Balanced Advantage is the larger fund: ₹16,618 Cr against ₹8,005 Cr.
- Their portfolios overlap 34.9%: 38 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Kotak Balanced Advantage Fund | Tata Balanced Advantage Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Tata Mutual Fund |
| Category | Balanced Advantage | Balanced Advantage |
| AUM | ₹16,618 Cr (30-09-2026) | ₹8,005 Cr (30-09-2026) |
| NAV | ₹22.45 (Direct) | ₹22.27 (Direct) |
| Expense ratio (Direct) | 0.82% | 0.69% |
| Expense ratio (Regular) | 1.88% | 1.86% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid composite debt 50:50 Index (Total Return | CRISIL Hybrid 50+50 - Moderate Index |
| Launch date | 03-08-2018 | 28-01-2019 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Rohit Tandon, Hiten Shah, Abhishek Bisen | Rahul Singh, Sailesh Jain, Murthy Nagarajan, Amit Somani |
| Exit load | Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 180 days | Exit load of 0.50%, if redeemed within 30 days. |
Kotak Balanced Advantage vs Tata Balanced Advantage: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak Balanced Advantage Fund (Direct) | −0.31% | −3.11% | +0.22% | −1.56% | +9.18% | +8.44% | -- |
| Tata Balanced Advantage Fund (Direct) | −1.59% | −6.19% | −2.95% | −4.29% | +7.38% | +7.88% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Kotak Balanced Advantage vs Tata Balanced Advantage: Year-wise Returns
| Year | KotakKotak Balanced Advantage | TataTata Balanced Advantage |
|---|---|---|
| 2026to date | −2.17% | −5.05% |
| 2025 | +7.13% | +7.38% |
| 2024 | +15.67% | +12.27% |
| 2023 | +17.42% | +18.70% |
| 2022 | +5.06% | +7.14% |
| 2021 | +14.43% | +18.43% |
Kotak Balanced Advantage vs Tata Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,169 of them, one for each trading day from 31-01-2022 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Kotak Balanced Advantage Fund (Direct)
Tata Balanced Advantage Fund (Direct)
to
Jun 2022Apr 2020
to
Apr 2023Jan 2021
to
Jan 2024Nov 2021
to
Nov 2024Sept 2022
to
Sept 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Balanced Advantage | 0.0 | 0.0 | 3.3 | 88.4 | 8.0 | 0.4 | 0.0 | 12.7% | 12.5% | 8.5% | 22.4% |
| Tata Balanced Advantage | 0.0 | 0.0 | 4.9 | 73.7 | 21.0 | 0.4 | 0.0 | 13.6% | 13.9% | 6.9% | 21.9% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 29-01-2019. Past returns do not promise future returns.
Kotak Balanced Advantage vs Tata Balanced Advantage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-01-2019 to 30-10-2026: 94 instalments, ₹9,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Balanced AdvantageKotak Balanced Advantage Fund (Direct) | ₹9,40,000 | ₹13,83,159 | ₹4,43,159 | 9.7% |
| Tata Balanced AdvantageTata Balanced Advantage Fund (Direct) | ₹9,40,000 | ₹13,56,408 | ₹4,16,408 | 9.2% |
Kotak Balanced AdvantageKotak Balanced Advantage Fund (Direct)
Tata Balanced AdvantageTata Balanced Advantage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Balanced Advantage vs Tata Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Balanced Advantage Fund (Direct) | Tata Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.56% | −4.29% |
| Standard deviation | 8.92% | 8.99% |
| Sharpe ratio | -0.76 | -1.06 |
| Sortino ratio | -1.02 | -1.40 |
| Maximum drawdown | −8.4% (30-03-2026) | −8.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Balanced Advantage Fund (Direct) | Tata Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.18% | +7.38% |
| Standard deviation | 7.95% | 7.55% |
| Sharpe ratio | 0.40 | 0.18 |
| Sortino ratio | 0.55 | 0.24 |
| Maximum drawdown | −9.1% (28-02-2025) | −8.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Balanced Advantage Fund (Direct) | Tata Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.44% | +7.88% |
| Standard deviation | 7.33% | 7.13% |
| Sharpe ratio | 0.36 | 0.29 |
| Sortino ratio | 0.49 | 0.40 |
| Maximum drawdown | −9.1% (28-02-2025) | −8.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Balanced Advantage Fund (Direct) | Tata Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.31% | +10.87% |
| Standard deviation | 9.51% | 8.79% |
| Sharpe ratio | 0.53 | 0.65 |
| Sortino ratio | 0.70 | 0.88 |
| Maximum drawdown | −26.3% (23-03-2020) | −20.0% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 10-08-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Kotak Balanced Advantage Fund (Direct)
Tata Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Balanced Advantage Fund (Direct) | −26.3% | 12-02-2020 | 23-03-2020 | 21-07-2020 | 4 months | −4.4% |
| Tata Balanced Advantage Fund (Direct) | −20.0% | 24-01-2020 | 23-03-2020 | 17-07-2020 | 4 months | −7.4% |
From daily values since 29-01-2019, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Balanced Advantage Fund (Direct)
Tata Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Balanced Advantage Fund (Direct)
Tata Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Balanced Advantage Fund (Direct)
Tata Balanced Advantage Fund (Direct)
Kotak Balanced Advantage vs Tata Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Balanced Advantage Fund, September 2026; Tata Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 34.9%
- Held by both
- 38
- Only in Kotak Balanced Advantage
- 152
- Only in Tata Balanced Advantage
- 72
| Security | % of Kotak Balanced Advantage | % of Tata Balanced Advantage |
|---|---|---|
| RELIANCE INDUSTRIES LTD. | 3.36% | 4.21% |
| HDFC BANK LTD. | 3.16% | 3.07% |
| ICICI BANK LTD. | 4.93% | 2.44% |
| BHARTI AIRTEL LTD. | 2.38% | 3.01% |
| Central Government - 2064 | 5.67% | 2.26% |
| Larsen and Toubro Ltd. | 1.99% | 2.00% |
| STATE BANK OF INDIA. | 3.64% | 1.56% |
| Adani Ports and Special Economic Zone Limited | 1.40% | 1.55% |
| AXIS BANK LTD. | 1.30% | 1.35% |
| Mahindra & Mahindra Ltd. | 1.29% | 1.45% |
| BAJAJ FINANCE LTD. | 1.75% | 1.26% |
| Infosys Ltd. | 1.48% | 1.22% |
| BROOKFIELD REIT | 1.16% | 1.74% |
| Adani Enterprises Ltd | 1.02% | 1.26% |
| Tech Mahindra Ltd. | 0.81% | 0.99% |
| Central Government - 2054 | 0.77% | 1.75% |
| NTPC LTD | 0.70% | 1.26% |
| BHARAT PETROLEUM CORPORATION LTD. | 0.65% | 0.88% |
| SUN PHARMACEUTICAL INDUSTRIES LTD. | 0.64% | 1.47% |
| Hindustan Unilever Ltd. | 0.62% | 1.20% |
| ICICI Lombard General Insurance Company Ltd | 0.59% | 0.88% |
| SHRIRAM FINANCE LIMITED | 0.53% | 1.87% |
| AMBUJA CEMENTS LTD. | 0.49% | 0.95% |
| BROOKFIELD REIT | 0.44% | 0.61% |
| VEDANTA ALUMINIUM METAL LTD | 0.43% | 0.73% |
| Life Insurance Corporation Of India | 0.37% | 0.75% |
| Power Grid Corporation of India Ltd. | 0.70% | 0.35% |
| Oil And Natural Gas Corporation Ltd. | 0.31% | 1.01% |
| HDFC Life Insurance Company Ltd | 0.29% | 0.90% |
| Apollo Hospitals Enterprise Ltd. | 0.28% | 1.96% |
| ADANI ENERGY SOLUTIONS LTD. | 0.26% | 0.82% |
| GODREJ PROPERTIES LIMITED | 0.25% | 1.57% |
| PB Fintech Ltd. | 0.17% | 1.01% |
| Bharat Electronics Ltd. | 0.40% | 0.15% |
| Cummins India Ltd. | 0.07% | 1.43% |
| Varun Beverages Limited | 0.03% | 0.91% |
| Tata Steel Ltd. | 0.01% | 1.29% |
| Bajaj Finserv Ltd. | 0.01% | 1.42% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.9% means 34.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Kotak Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Solar Industries India Limited | 1.67% |
| Ultratech Cement Ltd. | 1.55% |
| Power Finance Corporation Ltd. | 1.49% |
| ETERNAL LIMITED | 1.35% |
| JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) | 1.30% |
Largest holdings only in Tata Balanced Advantage Fund
| Security | % of fund |
|---|---|
| GOI - 6.54% (17/01/2032) | 1.96% |
| DR. LAL PATH LABS LTD | 1.52% |
| FEDERAL BANK LTD | 1.46% |
| TATA CAPITAL LTD | 1.32% |
| NEXUS SELECT TRUST | 1.26% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Balanced Advantage | Tata Balanced Advantage |
|---|---|---|
| Equity | 70.2% | 65.6% |
| Debt | 20.3% | 27.8% |
| Cash and others | 9.5% | 6.6% |
Market cap of stocks
| Market cap | Kotak Balanced Advantage | Tata Balanced Advantage |
|---|---|---|
| Large Cap | 51.1% | 46.1% |
| Mid Cap | 9.0% | 10.2% |
| Small Cap | 9.6% | 8.2% |
| Not on AMFI's list | 0.5% | 1.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Kotak Balanced Advantage | Tata Balanced Advantage |
|---|---|---|
| Banks | 14.6% | 9.9% |
| Finance | 3.5% | 5.9% |
| Petroleum Products | 4.0% | 5.1% |
| Insurance | 1.3% | 4.8% |
| IT - Software | 4.3% | 2.2% |
| Healthcare Services | 1.7% | 3.9% |
| Automobiles | 3.5% | 1.4% |
| Auto Components | 3.1% | 1.9% |
| Telecom - Services | 2.9% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Balanced Advantage vs Tata Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Balanced Advantage Fund | Tata Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.82% | 0.69% |
| Base expense ratio (Direct) | 0.54% | 0.50% |
| Total expense ratio (Regular) | 1.88% | 1.86% |
| Base expense ratio (Regular) | 1.44% | 1.52% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Kotak Balanced Advantage with
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Compare Tata Balanced Advantage with
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Kotak Balanced Advantage Fund vs Tata Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Kotak Balanced Advantage Fund and Tata Balanced Advantage Fund?
Both are Balanced Advantage funds, run by Kotak Mahindra Mutual Fund and Tata Mutual Fund. Their portfolios overlap 34.9%. Kotak Balanced Advantage Fund charges 0.82% a year and Tata Balanced Advantage Fund 0.69%.
Which has given higher returns, Kotak Balanced Advantage Fund or Tata Balanced Advantage Fund?
Over 1 year: Kotak Balanced Advantage Fund −1.56%, Tata Balanced Advantage Fund −4.29%. Over 3 years: Kotak Balanced Advantage Fund +9.18% a year, Tata Balanced Advantage Fund +7.38% a year. Over 5 years: Kotak Balanced Advantage Fund +8.44% a year, Tata Balanced Advantage Fund +7.88% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Balanced Advantage Fund or Tata Balanced Advantage Fund?
Tata Balanced Advantage Fund charges less: 0.69% a year against 0.82%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Balanced Advantage Fund and Tata Balanced Advantage Fund overlap?
34.9%. They hold 38 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Kotak Balanced Advantage Fund or Tata Balanced Advantage Fund?
On SEBI's riskometer, Kotak Balanced Advantage Fund is rated Very High and Tata Balanced Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 7.95% and 7.55% a year.
Which is better for SIP, Kotak Balanced Advantage Fund or Tata Balanced Advantage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,41,532 in Kotak Balanced Advantage Fund (XIRR 7.6% a year) and ₹7,12,542 in Tata Balanced Advantage Fund (XIRR 6.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Balanced Advantage Fund and Tata Balanced Advantage Fund?
Yes. 34.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Balanced Advantage Fund and Tata Balanced Advantage Fund?
Kotak Balanced Advantage Fund: Rohit Tandon, Hiten Shah, Abhishek Bisen. Tata Balanced Advantage Fund: Rahul Singh, Sailesh Jain, Murthy Nagarajan, Amit Somani.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.