SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • NFO News Tata Mutual Fund launches Tata Balanced Advantage Fund

    Tata Mutual Fund launches Tata Balanced Advantage Fund

    NFO opens on January 09, 2019 and closes on January 23, 2019.
    Team Cafemutual Jan 10, 2019

    Tata Mutual Fund has launched its open ended dynamic asset allocation fund - Tata Balanced Advantage Fund. The scheme aims to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.

    The fund will follow an in-house model to decide scheme allocation. In a press release, the fund house said, “Usually, various models are used for asset allocation like PE based model and PE + PB model. We have come up with an in-house model called the PE plus model, which would factor in other market dynamics other than intrinsic value.”

    The model allows 10% variation to the basic PE based equity allocation; driven by:

    • Correlation to select global markets (relevant to Indian equities)

    • Implied volumes (to identify extremes – fear vs. complacency)

    • Momentum indicators (price based indicators to avoid early entry/exit

     in a directional market)

    Rahul Singh, CIO-equities, Tata Mutual Fund said, "The basic goal of the strategy is to be able to manoeuver the investment allocation as per prevailing market conditions to make money work harder. The fund would make use of various alternative models depending upon macro, fundamental factors and fund manager outlook to determine the unhedged equity allocation."

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.