Tata Balanced Advantage Fund vs UTI - Unit Linked Insurance Plan
Direct Plan, Growth option · Data as on 30-10-2026
Tata Balanced Advantage Fund and UTI - Unit Linked Insurance Plan are both Balanced Advantage funds. In the 3 years to 30-10-2026, Tata Balanced Advantage Fund (Direct) returned 7.4% a year and UTI - Unit Linked Insurance Plan (Direct) returned 7.8% a year. Tata Balanced Advantage Fund charges 0.69% a year and UTI - Unit Linked Insurance Plan 1.11% (Direct plans). Their portfolios overlap 12.6%: they hold 15 of the same securities.
Tata Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 7.4%
- Expense ratio
- 0.69%
- NAV
- ₹22.27
UTI - Unit Linked Insurance Plan
Balanced Advantage
- 3 year return
- 7.8%
- Expense ratio
- 1.11%
- NAV
- ₹45.91
Which is better, Tata Balanced Advantage or UTI - Unit Linked Insurance Plan? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Balanced Advantage returned more over 5 years: 7.9% a year against 5.7%.
- UTI - Unit Linked Insurance Plan returned more over 3 years: 7.8% a year against 7.4%.
- Tata Balanced Advantage costs less: 0.69% a year against 1.11% (Direct plans).
- UTI - Unit Linked Insurance Plan swung less over 3 years: a standard deviation of 5.6% a year against 7.5%.
- UTI - Unit Linked Insurance Plan fell less in its worst fall since 29-01-2019: −17.9% against −20.0%.
- Tata Balanced Advantage holds more in large companies: 46.1% of the fund in large caps against 23.8%.
- Tata Balanced Advantage is the larger fund: ₹8,005 Cr against ₹4,930 Cr.
- Their portfolios overlap 12.6%: 15 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 | Tata Balanced Advantage Fund | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Fund house | Tata Mutual Fund | UTI Mutual Fund |
| Category | Balanced Advantage | Balanced Advantage |
| AUM | ₹8,005 Cr (30-09-2026) | ₹4,930 Cr (30-09-2026) |
| NAV | ₹22.27 (Direct) | ₹45.91 (Direct) |
| Expense ratio (Direct) | 0.69% | 1.11% |
| Expense ratio (Regular) | 1.86% | 1.60% |
| Riskometer | Very High | High |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 28-01-2019 | 01-10-1971 |
| Minimum investment | ₹5,000 | Minimum target amount under the scheme is 15000 which is required to be invested over 10/15 year period. |
| Lock in | None | None |
| Fund managers | Rahul Singh, Sailesh Jain, Murthy Nagarajan, Amit Somani | Anurag Mittal FM 1, Ajay Tyagi FM 2, Kamal Gada FM 3 Mr. Akash Shah FM 4 |
| Exit load | Exit load of 0.50%, if redeemed within 30 days. | If withdrawn prematurely – 2% On or after maturity – Nil |
Tata Balanced Advantage vs UTI - Unit Linked Insurance Plan: 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 |
|---|---|---|---|---|---|---|---|
| Tata Balanced Advantage Fund (Direct) | −1.59% | −6.19% | −2.95% | −4.29% | +7.38% | +7.88% | -- |
| UTI - Unit Linked Insurance Plan (Direct) | −0.03% | −2.17% | +3.96% | −0.53% | +7.84% | +5.73% | +7.58% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | +9.91% |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Tata Balanced Advantage vs UTI - Unit Linked Insurance Plan: Year-wise Returns
| Year | Tata Balanced AdvantageTata Balanced Advantage | UTI - Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan |
|---|---|---|
| 2026to date | −5.05% | +0.38% |
| 2025 | +7.38% | +5.12% |
| 2024 | +12.27% | +12.24% |
| 2023 | +18.70% | +12.76% |
| 2022 | +7.14% | −1.60% |
| 2021 | +18.43% | +15.42% |
Tata Balanced Advantage vs UTI - Unit Linked Insurance Plan: 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.
Tata Balanced Advantage Fund (Direct)
UTI - Unit Linked Insurance Plan (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| UTI - Unit Linked Insurance Plan | 0.0 | 0.0 | 69.7 | 30.3 | 0.0 | 0.0 | 0.0 | 9.4% | 8.9% | 6.5% | 14.9% |
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.
Tata Balanced Advantage vs UTI - Unit Linked Insurance Plan: 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 29-01-2019 to 30-10-2026: 94 instalments, ₹9,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Tata Balanced AdvantageTata Balanced Advantage Fund (Direct) | ₹9,40,000 | ₹13,56,408 | ₹4,16,408 | 9.2% |
| UTI - Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan (Direct) | ₹9,40,000 | ₹12,71,347 | ₹3,31,347 | 7.6% |
Tata Balanced AdvantageTata Balanced Advantage Fund (Direct)
UTI - Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan (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.
Tata Balanced Advantage vs UTI - Unit Linked Insurance Plan: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Tata Balanced Advantage Fund (Direct) | UTI - Unit Linked Insurance Plan (Direct) |
|---|---|---|
| Return (CAGR) | −4.29% | −0.53% |
| Standard deviation | 8.99% | 6.39% |
| Sharpe ratio | -1.06 | -0.90 |
| Sortino ratio | -1.40 | -1.23 |
| Maximum drawdown | −8.4% (23-10-2026) | −8.2% (30-03-2026) |
| 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 | Tata Balanced Advantage Fund (Direct) | UTI - Unit Linked Insurance Plan (Direct) |
|---|---|---|
| Return (CAGR) | +7.38% | +7.84% |
| Standard deviation | 7.55% | 5.63% |
| Sharpe ratio | 0.18 | 0.32 |
| Sortino ratio | 0.24 | 0.46 |
| Maximum drawdown | −8.4% (23-10-2026) | −8.2% (30-03-2026) |
| 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 | Tata Balanced Advantage Fund (Direct) | UTI - Unit Linked Insurance Plan (Direct) |
|---|---|---|
| Return (CAGR) | +7.88% | +5.73% |
| Standard deviation | 7.13% | 5.69% |
| Sharpe ratio | 0.29 | -0.01 |
| Sortino ratio | 0.40 | -0.02 |
| Maximum drawdown | −8.4% (23-10-2026) | −9.7% (17-06-2022) |
| 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 | Tata Balanced Advantage Fund (Direct) | UTI - Unit Linked Insurance Plan (Direct) |
|---|---|---|
| Return (CAGR) | +10.87% | +7.05% |
| Standard deviation | 8.79% | 7.17% |
| Sharpe ratio | 0.65 | 0.14 |
| Sortino ratio | 0.88 | 0.17 |
| Maximum drawdown | −20.0% (23-03-2020) | −17.9% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-01-2019 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.
Tata Balanced Advantage Fund (Direct)
UTI - Unit Linked Insurance Plan (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Tata Balanced Advantage Fund (Direct) | −20.0% | 24-01-2020 | 23-03-2020 | 17-07-2020 | 4 months | −7.4% |
| UTI - Unit Linked Insurance Plan (Direct) | −17.9% | 12-02-2020 | 23-03-2020 | 16-09-2020 | 6 months | −3.4% |
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.
Tata Balanced Advantage Fund (Direct)
UTI - Unit Linked Insurance Plan (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.
Tata Balanced Advantage Fund (Direct)
UTI - Unit Linked Insurance Plan (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.
Tata Balanced Advantage Fund (Direct)
UTI - Unit Linked Insurance Plan (Direct)
Tata Balanced Advantage vs UTI - Unit Linked Insurance Plan: Portfolio Overlap
From each fund's latest monthly portfolio: Tata Balanced Advantage Fund, September 2026; UTI - Unit Linked Insurance Plan, September 2026
Holdings in common
- Overlap
- 12.6%
- Held by both
- 15
- Only in Tata Balanced Advantage
- 95
- Only in UTI - Unit Linked Insurance Plan
- 93
| Security | % of Tata Balanced Advantage | % of UTI - Unit Linked Insurance Plan |
|---|---|---|
| ICICI BANK LTD | 2.44% | 2.53% |
| HDFC BANK LTD | 3.07% | 2.03% |
| BHARTI AIRTEL LTD | 3.01% | 1.46% |
| BAJAJ FINANCE LTD | 1.26% | 2.34% |
| MAHINDRA & MAHINDRA LTD | 1.45% | 1.04% |
| DR. LAL PATH LABS LTD | 1.52% | 0.98% |
| GOI - 7.32% (13/11/2030) | 0.95% | 4.12% |
| SGS ANDHRA PRADESH 6.82% (04/06/2036) | 1.16% | 0.94% |
| ** 08.20 % INDIA UNIVERSAL TRUST AL1 - 20/09/2030 | 0.48% | 0.65% |
| GOI - 6.94% (11/05/2036) | 0.29% | 1.00% |
| SHREE CEMENT LTD | 1.20% | 0.21% |
| GOI - 6.48% (06/10/2035) | 0.18% | 0.29% |
| ** 08.20 % ADANI POWER LTD - 25/01/2029 | 0.93% | 0.16% |
| POLYCAB INDIA LTD | 0.11% | 0.77% |
| ** 07.14 % EXIM - 13/12/2029 | 0.03% | 0.50% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 12.6% means 12.6% 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 Tata Balanced Advantage Fund
| Security | % of fund |
|---|---|
| RELIANCE INDUSTRIES LTD | 4.21% |
| GOI - 7.34% (22/04/2064) | 2.26% |
| LARSEN & TOUBRO LTD | 2.00% |
| GOI - 6.54% (17/01/2032) | 1.96% |
| APOLLO HOSPITALS ENTERPRISE LTD | 1.96% |
Largest holdings only in UTI - Unit Linked Insurance Plan
| Security | % of fund |
|---|---|
| 07.18% GSEC MAT -24/07/2037 | 8.09% |
| EQ - ETERNAL LIMITED | 2.89% |
| 7.24% GSEC MAT- 18/08/2055 | 2.60% |
| NCD MAHINDRA AND MAHINDRA FINANCIAL SERVICES LTD | 2.53% |
| NCD INDIAN RAILWAY FINANCE CORPORATION LIMITED | 2.01% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Tata Balanced Advantage | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Equity | 65.6% | 38.0% |
| Debt | 27.8% | 53.3% |
| Cash and others | 6.6% | 8.7% |
Market cap of stocks
| Market cap | Tata Balanced Advantage | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Large Cap | 46.1% | 23.8% |
| Mid Cap | 10.2% | 10.7% |
| Small Cap | 8.2% | 3.5% |
| Not on AMFI's list | 1.0% | 0.0% |
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 | Tata Balanced Advantage | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Banks | 9.9% | 6.5% |
| Retailing | 1.5% | 6.7% |
| Finance | 5.9% | 2.6% |
| Petroleum Products | 5.1% | 0.0% |
| Insurance | 4.8% | 0.0% |
| Consumer Durables | 0.0% | 4.3% |
| IT - Software | 2.2% | 4.0% |
| Healthcare Services | 3.9% | 1.0% |
| Pharmaceuticals & Biotechnology | 1.5% | 3.4% |
| Telecom - Services | 3.0% | 1.5% |
| Automobiles | 1.4% | 2.8% |
The six largest sectors of each fund's stocks, % of the fund.
Tata Balanced Advantage vs UTI - Unit Linked Insurance Plan: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Tata Balanced Advantage Fund | UTI - Unit Linked Insurance Plan |
|---|---|---|
| Total expense ratio (Direct) | 0.69% | 1.11% |
| Base expense ratio (Direct) | 0.50% | 0.92% |
| Total expense ratio (Regular) | 1.86% | 1.60% |
| Base expense ratio (Regular) | 1.52% | 1.37% |
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 Tata Balanced Advantage with
- Tata Balanced Advantage vs quant Dynamic Asset Allocation
- Tata Balanced Advantage vs Aditya Birla Sun Life Balanced Advantage
- Tata Balanced Advantage vs Baroda BNP Paribas Balanced Advantage
- Tata Balanced Advantage vs Axis Balanced Advantage
- Tata Balanced Advantage vs WhiteOak Capital Balanced Advantage
Compare UTI - Unit Linked Insurance Plan with
- UTI - Unit Linked Insurance Plan vs quant Dynamic Asset Allocation
- UTI - Unit Linked Insurance Plan vs Aditya Birla Sun Life Balanced Advantage
- UTI - Unit Linked Insurance Plan vs Baroda BNP Paribas Balanced Advantage
- UTI - Unit Linked Insurance Plan vs Axis Balanced Advantage
- UTI - Unit Linked Insurance Plan vs WhiteOak Capital Balanced Advantage
Tata Balanced Advantage Fund vs UTI - Unit Linked Insurance Plan: Frequently Asked Questions
What is the difference between Tata Balanced Advantage Fund and UTI - Unit Linked Insurance Plan?
Both are Balanced Advantage funds, run by Tata Mutual Fund and UTI Mutual Fund. Their portfolios overlap 12.6%. Tata Balanced Advantage Fund charges 0.69% a year and UTI - Unit Linked Insurance Plan 1.11%.
Which has given higher returns, Tata Balanced Advantage Fund or UTI - Unit Linked Insurance Plan?
Over 1 year: Tata Balanced Advantage Fund −4.29%, UTI - Unit Linked Insurance Plan −0.53%. Over 3 years: Tata Balanced Advantage Fund +7.38% a year, UTI - Unit Linked Insurance Plan +7.84% a year. Over 5 years: Tata Balanced Advantage Fund +7.88% a year, UTI - Unit Linked Insurance Plan +5.73% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Tata Balanced Advantage Fund or UTI - Unit Linked Insurance Plan?
Tata Balanced Advantage Fund charges less: 0.69% a year against 1.11%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Tata Balanced Advantage Fund and UTI - Unit Linked Insurance Plan overlap?
12.6%. They hold 15 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Tata Balanced Advantage Fund or UTI - Unit Linked Insurance Plan?
On SEBI's riskometer, Tata Balanced Advantage Fund is rated Very High and UTI - Unit Linked Insurance Plan High. Over 3 years, the standard deviation of daily returns was 7.55% and 5.63% a year.
Which is better for SIP, Tata Balanced Advantage Fund or UTI - Unit Linked Insurance Plan?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,12,542 in Tata Balanced Advantage Fund (XIRR 6.1% a year) and ₹7,14,591 in UTI - Unit Linked Insurance Plan (XIRR 6.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Tata Balanced Advantage Fund and UTI - Unit Linked Insurance Plan?
Yes. 12.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Tata Balanced Advantage Fund and UTI - Unit Linked Insurance Plan?
Tata Balanced Advantage Fund: Rahul Singh, Sailesh Jain, Murthy Nagarajan, Amit Somani. UTI - Unit Linked Insurance Plan: Anurag Mittal FM 1, Ajay Tyagi FM 2, Kamal Gada FM 3 Mr. Akash Shah FM 4.
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.