Tata Multicap Fund Regular IDCW NAV today
AMFI: 151236ISIN: INF277KA1711MUTF_IN: TATA_MULT_REG_UTRY3LTata Mutual FundMulti Cap funds
NAV ₹14.1046
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹3,409 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 2.17%14 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- 0.50%if sold within 30 days
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 24.430 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 7830 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 2 Feb 2023
Tata Multicap Fund returns
Read from the regular plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −4.17% | −4.45% | – | – | – |
| 1 month | −6.95% | −7.61% | 3 of 33 | −8.34% | −9.2% to −7.5% |
| 3 months | −7.13% | −6.80% | 28 of 32 | −5.84% | −6.5% to −4.3% |
| 6 months | −3.61% | −4.59% | 24 of 32 | −1.83% | −3.7% to +0.1% |
| 1 year | −3.55% | −7.56% | 14 of 32 | −4.54% | −7.8% to −0.7% |
| 3 years | +7.04% | +10.41% | 22 of 22 | +11.23% | +9.7% to +13.4% |
| 5 years | Needs 5 years | – | – | +9.68% | +8.6% to +11.1% |
| 10 years | Needs 10 years | – | – | +12.19% | +12.1% to +13.3% |
₹10,000 put in on 9 Feb 2023 is ₹14,025 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: NIFTY 500 Multicap 50:25:25 Total Return Index, over the same days as the fund. Rank, median and middle half among the Regular plans of Multi Cap funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +4.06% | +0.40% |
| 3 years | +7.66% | +10.95% |
| Since launch | +11.02% | +15.18% |
Benchmark: NIFTY 500 Multicap 50:25:25 Total Return Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- NIFTY 500 Multicap 50:25:25 Total Return IndexBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer.
Highest year to Dec 2024, +12.4%; lowest year to Dec 2025, +3.1%
Tata Multicap Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,15,041₹1,15,035 after stamp duty | −7.89% | −7.90% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,63,925₹3,63,907 after stamp duty | +0.72% | +0.71% | ₹18 | |
| Since Feb 202344 instalments | ₹4,40,000 | ₹4,68,881₹4,68,858 after stamp duty | +3.46% | +3.46% | ₹22 |
5 years: Launched 2 Feb 2023, needs 5 years of history.
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 9 Feb 2023 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year667 windows−9.8%+11.4%+35.5%77.7%
3 yearsLaunched 2 Feb 2023, needs 4 years of history
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Tata Multicap Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.35 ptsA year, on 14 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.80%Over the last 29 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.16%Over the last 29 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.85%, Jan 2021.Direct plan lowest 0.27%, Mar 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.48% | 1.65% |
| Brokerage | 0.08% | 0.08% |
| Transaction costs | 0.01% | 0.01% |
| Statutory levies | 0.25% | 0.44% |
Per cent of assets a year, filed for 22 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
1. On or before 30 days from the date of allotment: 0.50%. 2. After 30 days from the date of allotment: NIL.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹500
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP minimum
- 150.00/1,000.00/1,000.00/1,500.00/150.00/150.00
- SIP instalments, at least
- 12 Instalments/6 instalments/6 instalments/4 instalments/12 instalments/12 instalments
- SIP dates
- Any day/Any day/Any day/Any day/Monday-Friday/All Business Days
As listed for this plan on 24 Oct 2026.
Tata Multicap Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹3,532 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 7.7%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Jun 2022.
Assets at each month end
Highest ₹3,576 Cr, Aug 2026.Lowest ₹2,661 Cr, Feb 2025.
Tata Multicap Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|---|
| HDFC BankBanks | Large cap2nd | 7.22% | 246.27 | 34,75,000 | Feb 2023or earlier |
| Adani Ports and Special Economic ZoneTransport Infrastructure | Large cap21st | 3.69% | 125.88 | 7,00,000 | Aug 2025 |
| Reliance IndustriesPetroleum Products | Large cap1st | 2.44% | 83.09 | 7,00,000 | Feb 2023or earlier |
| NTPCPower | Large cap20th | 2.20% | 75.04 | 23,25,000 | Feb 2023or earlier |
| Pearl Global IndustriesTextiles & Apparels | Small cap658th | 2.18% | 74.37 | 5,80,044 | Jul 2024 |
| Axis BankBanks | Large cap15th | 2.16% | 73.56 | 6,00,000 | Feb 2023or earlier |
| ICICI BankBanks | Large cap5th | 2.00% | 68.07 | 5,15,000 | Dec 2025 |
| Dr. Lal Path LabsHealthcare Services | Small cap309th | 1.98% | 67.51 | 3,39,738 | Feb 2025 |
| Kotak Mahindra BankBanks | Large cap16th | 1.83% | 62.55 | 15,00,000 | May 2026 |
| Bharti AirtelTelecom - Services | Large cap3rd | 1.80% | 61.50 | 3,50,000 | Feb 2023or earlier |
| Dixon Technologies (India)Consumer Durables | Mid cap159th | 1.76% | 60.05 | 45,842 | Mar 2026 |
| Maruti Suzuki IndiaAutomobiles | Large cap12th | 1.76% | 59.84 | 50,000 | May 2026 |
| Vishal Mega MartRetailing | Mid cap189th | 1.75% | 59.64 | 59,05,110 | Dec 2024 |
| Metropolis HealthcareHealthcare Services | Small cap557th | 1.74% | 59.37 | 10,95,916 | Jul 2025 |
| Mahindra & MahindraAutomobiles | Large cap14th | 1.69% | 57.53 | 1,95,000 | Nov 2025 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Dixon Technologies (India)Consumer Durables | −0.15% | −4.99 | −3,800 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| CASH / NET CURRENT ASSET | 3.85% | 132.50 |
| REPO | 2.07% | 70.54 |
| MARGIN MONEY DEPOSITS TOTAL | 0.00% | 0.00 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 7.22%HDFC Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 17.73%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 27.50%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 50.5Taken over 94.08% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares94.08%
- Cash and receivables5.92%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−0.15%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.0.15%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap42.02%Category 37.37%
- Mid cap28.31%Category 28.65%
- Small cap29.68%Category 31.70%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 33 Multi Cap funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.16sectors
- Financial Services26.58%Category 24.70%
- Automobile And Auto Components10.97%Category 8.56%
- Healthcare10.82%Category 10.22%
- Services6.74%Category 2.52%
- Consumer Services5.08%Category 6.30%
- Capital Goods5.07%Category 11.82%
- Information Technology4.26%Category 3.87%
- Consumer Durables4.00%Category 4.46%
- Fast Moving Consumer Goods3.77%Category 3.54%
- Metals & Mining3.38%Category 2.68%
- Power3.21%Category 1.78%
- Telecommunication3.17%Category 2.32%
- Oil Gas & Consumable Fuels2.44%Category 2.51%
- Textiles2.18%Category 1.06%
- Realty1.38%Category 1.18%
- Chemicals0.88%Category 3.00%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 33 Multi Cap funds. Category average. The sector's weight, less the futures sold on it, averaged over the 33 Multi Cap funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services18 companies | 26.58% | 28.19% | 29.02% | 29.21% | 26.92% | 26.13% | 26.94% | 31.33% | 30.93% | 29.86% | 28.38% | 27.77% | |
| Automobile And Auto Components9 companies | 10.97% | 12.21% | 11.34% | 10.11% | 8.83% | 7.58% | 7.34% | 7.47% | 7.54% | 6.85% | 8.10% | 6.63% | |
| Healthcare10 companies | 10.82% | 9.50% | 9.00% | 9.04% | 9.68% | 9.02% | 9.53% | 9.03% | 8.52% | 8.38% | 8.30% | 7.89% | |
| Services4 companies | 6.74% | 6.09% | 6.83% | 5.74% | 6.01% | 7.63% | 7.21% | 6.78% | 7.84% | 7.77% | 7.36% | 7.38% | |
| Consumer Services4 companies | 5.08% | 5.15% | 4.66% | 5.09% | 4.40% | 4.57% | 4.61% | 4.38% | 4.27% | 3.36% | 2.43% | 2.30% | |
| Capital Goods6 companies | 5.07% | 5.19% | 5.32% | 7.86% | 8.57% | 7.29% | 6.83% | 6.80% | 6.38% | 7.51% | 9.38% | 9.38% | |
| Information Technology6 companies | 4.26% | 4.27% | 3.23% | 2.85% | 3.18% | 3.13% | 3.44% | 4.38% | 8.16% | 10.14% | 9.79% | 9.31% | |
| Consumer Durables4 companies | 4.00% | 4.72% | 5.54% | 5.48% | 2.86% | 2.48% | 1.33% | 0.88% | 0.89% | 0.86% | 0.94% | 1.72% | |
| Fast Moving Consumer Goods4 companies | 3.77% | 3.45% | 3.82% | 3.71% | 3.56% | 3.31% | 3.16% | 2.48% | 2.44% | 2.65% | 2.00% | 2.00% | |
| Metals & Mining4 companies | 3.38% | 3.58% | 2.82% | 2.96% | 3.53% | 3.78% | 4.60% | 3.44% | 3.24% | 1.22% | 1.20% | 1.10% | |
| Power2 companies | 3.21% | 3.17% | 3.50% | 3.53% | 4.25% | 4.31% | 4.22% | 3.72% | 3.46% | 3.30% | 3.23% | 3.32% | |
| Telecommunication2 companies | 3.17% | 3.13% | 3.05% | 3.27% | 3.53% | 3.62% | 3.97% | 2.37% | 2.51% | 3.60% | 4.07% | 4.00% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 52.97% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 75.39% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 3
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 6
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 65
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 2.97%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 9.70%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| HDFC Bank | Added | 7.22% | 5.11% | +2.11 pts | +9,00,000 |
| Power Finance Corporation | Sold out | – | 1.56% | −1.56 pts | −16,61,428 |
| REC | Sold out | – | 1.13% | −1.13 pts | −12,50,000 |
| SBI Cards and Payment Services | New | 1.09% | 0.00% | +1.09 pts | +6,44,588 |
| Bank of Baroda | Sold out | – | 0.99% | −0.99 pts | −14,82,299 |
| Dr. Reddy's Laboratories | New | 0.99% | 0.00% | +0.99 pts | +2,75,000 |
| Healthcare Global Enterprises | Added | 1.33% | 0.41% | +0.92 pts | +4,78,662 |
| Laurus Labs | Sold out | – | 0.59% | −0.59 pts | −1,10,000 |
| PB Fintech | Sold out | – | 0.52% | −0.52 pts | −1,00,000 |
| State Bank of India | Trimmed | 0.96% | 1.45% | −0.49 pts | −1,50,000 |
| ITC | New | 0.46% | 0.00% | +0.46 pts | +6,00,000 |
| Vinati Organics | Sold out | – | 0.46% | −0.46 pts | −1,23,888 |
| Craftsman Automation | Trimmed | 0.92% | 1.31% | −0.39 pts | −11,700 |
| L&T Technology Services | New | 0.28% | 0.00% | +0.28 pts | +29,304 |
| Samvardhana Motherson International | Trimmed | 1.05% | 1.29% | −0.24 pts | −5,00,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 1 futures, options or cash line that changed is not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 HDFC Bank | 3.99% | 4.06% | 4.01% | 2.81%Cut | 2.66% | 2.44% | 2.28% | 2.13% | 4.27%Added | 5.39%Added | 5.11%Added | 7.22%Added |
 Adani Ports and Special Economic Zone | 3.05%Added | 3.17% | 3.54%Added | 3.62%Added | 3.84% | 3.68% | 4.12% | 2.71%Cut | 2.62% | 3.35%Added | 3.12% | 3.69% |
 Reliance Industries | 3.24% | 3.40% | 3.42% | 3.11% | 3.08% | 3.30% | 3.11% | 2.78% | 2.62% | 2.58% | 2.50% | 2.44% |
 NTPC | 2.44% | 2.35% | 2.38% | 2.64% | 2.80% | 3.02% | 2.89% | 2.71% | 2.40% | 2.28% | 2.13% | 2.20% |
 Pearl Global Industries | 1.26% | 1.61% | 1.54% | 1.53% | 1.41%Cut | 1.38% | 1.39% | 1.44% | 1.69% | 1.69% | 2.00% | 2.18% |
 Axis Bank | 3.45% | 3.57% | 3.55% | 3.93% | 3.93% | 3.66% | 2.37%Cut | 2.32% | 2.34% | 2.08% | 2.18% | 2.16% |
 ICICI Bank | – | – | 1.25%Bought | 1.79%Added | 1.81% | 1.75% | 1.63% | 1.57% | 2.05%Added | 2.09% | 2.09% | 2.00% |
 Dr. Lal Path Labs | 2.11% | 2.04% | 2.13%Added | 2.41%Added | 2.37% | 2.47% | 2.28% | 2.60% | 1.62%Cut | 1.83%Cut | 1.84% | 1.98% |
 Kotak Mahindra Bank | – | – | – | – | – | – | – | 1.44%Bought | 1.70%Added | 1.65% | 1.76% | 1.83% |
 Bharti Airtel | 4.00% | 4.07% | 3.60%Cut | 2.51%Cut | 2.37% | 2.50% | 2.35% | 2.20% | 2.14% | 1.95%Cut | 1.77% | 1.80% |
 Dixon Technologies (India) | – | – | – | – | – | 0.51%Bought | 1.11%Added | 1.59%Added | 1.58% | 1.82% | 1.90% | 1.76% |
 Maruti Suzuki India | – | – | – | – | – | – | – | 0.99%Bought | 2.04%Added | 2.01% | 1.89% | 1.76% |
 Vishal Mega Mart | 1.44% | 1.35% | 1.36% | 1.29% | 1.64%Added | 1.63% | 1.68% | 1.61% | 1.74%Added | 1.79%Added | 1.83% | 1.75% |
 Metropolis Healthcare | 1.46%Added | 1.64%Added | 1.64% | 1.64% | 1.65% | 1.67% | 1.62% | 1.83% | 1.71% | 1.80% | 1.78% | 1.74% |
 Mahindra & Mahindra | – | 1.16%Bought | 1.15% | 2.13%Added | 2.09% | 2.02% | 1.88% | 1.79% | 1.73% | 1.87% | 1.79% | 1.69% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 47.0% in Apr 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Multi Cap funds (22 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.15.96%
14.42%Lowest16.57%Average18.17%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.10.67%
8.76%Lowest10.44%Average11.96%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.17
0.17Lowest0.44Average0.71Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.24
0.24Lowest0.65Average1.06Highest
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Against NIFTY 500 Multicap 50:25:25 Total Return Index
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.0.93
0.83Lowest0.95Average1.03Highest
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.−2.93 pts
−2.93 ptsLowest+1.82 ptsAverage+6.79 ptsHighest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.95.5
87.6Lowest94.1Average98.5Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.98
0.94Lowest0.97Average0.99Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.86.7%
85.2%Lowest101.4%Average118.0%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.96.3%
75.2%Lowest94.1%Average109.3%Highest
Information ratioInformation ratio. The fund's return above its benchmark, divided by how much that difference varied, as stated by the fund house.To 30 Sep 2026−0.92
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −13.32% | 5 Jan 2026 | 31 Mar 2026 | 7 May 2026 |
| 3 years and since Feb 2023 | −22.86% | 27 Sep 2024 | 28 Feb 2025 | 3 Aug 2026 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Feb 2023 to Aug 202643 months | Very High | Very HighNIFTY 500 Multicap 50:25:25 Total Return Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Tata Multicap Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Meeta ShettyPrimary(Equity) | Jan 2025 | +7.75%a year | +6.08% | +1.68 pts | 19.9% | 11.0% | 3 | ₹13,930 Cr |
| Murthy NagarajanPrimary(Debt) | Jan 2023 | – | – | – | – | – | 13 | ₹29,804 Cr |
| Hasmukh VishariyaFund Manager & Research Analyst | Mar 2025 | +13.13%a year | +10.59% | +2.54 pts | 11.4% | 18.3% | 8 | ₹22,084 Cr |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Tata Digital India FundMeeta Shetty | Nov 2018 | +14.72%a year | +12.63% | +2.08 pts | ₹9,276 Cr |
| Tata India Innovation FundMeeta Shetty | Nov 2024 | −2.08%a year | −1.39% | −0.69 pts | ₹1,245 Cr |
| Tata Balanced Advantage FundMurthy Nagarajan | Jun 2026 | −1.44%over 137 days | – | – | ₹8,005 Cr |
| Tata Multi Asset Allocation FundMurthy Nagarajan | Mar 2020 | +15.28%a year | – | – | ₹5,000 Cr |
| Tata Aggressive Hybrid FundMurthy Nagarajan | Apr 2017 | +8.54%a year | – | – | ₹3,983 Cr |
| Tata Business Cycle FundMurthy Nagarajan | Aug 2021 | +11.75%a year | +10.65% | +1.11 pts | ₹2,416 Cr |
| Tata Retirement Savings Fund- ModerateMurthy Nagarajan | Apr 2017 | +10.50%a year | – | – | ₹2,115 Cr |
| Tata Retirement Savings Fund-ProgressiveMurthy Nagarajan | Apr 2017 | +11.23%a year | +12.46% | −1.24 pts | ₹2,104 Cr |
| Tata Dividend Yield FundMurthy Nagarajan | May 2021 | +12.50%a year | +11.55% | +0.95 pts | ₹1,109 Cr |
| Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index FundMurthy Nagarajan | Jun 2026 | +2.29%over 137 days | +2.57% | −0.27 pts | ₹645 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| HDFC Multi Cap FundHDFC Mutual Fund | 32.76% | 30 |
| Canara Robeco Multi Cap FundCanara Robeco Mutual Fund | 32.58% | 32 |
| Nippon India Multi Cap FundNippon India Mutual Fund | 30.16% | 27 |
| Edelweiss Multi Cap FundEdelweiss Mutual Fund | 28.51% | 29 |
| Axis Multicap FundAxis Mutual Fund | 26.79% | 32 |
| Bandhan Multi Cap FundBandhan Mutual Fund | 26.14% | 18 |
| Mirae Asset Multicap FundMirae Asset Mutual Fund | 25.99% | 21 |
| UTI Multi Cap FundUTI Mutual Fund | 24.89% | 19 |
| Union Multicap FundUnion Mutual Fund | 24.46% | 22 |
| ITI Multi Cap FundITI Mutual Fund | 23.78% | 19 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Asset allocation
- Equity and Equity related instruments as follows: Equity & Equity related instruments of Large Cap companies - 25% - 50%, Equity & Equity related instruments of Mid Cap companies - 25% - 50%, Equity & Equity related instruments of Small Cap companies - 25% - 50%, Money market instruments, and other liquid instruments**, gold and/or silver instruments/ETF as permitted by SEBI 0% - 25%, Units of InvITs - 0% - 10%, ADR/GDR/Foreign securities/Overseas ETFs 0% -20%. The scheme may invest in another scheme under the same asset management company or any other mutual fund without charging any fees, provided that aggregate inter-scheme investment made by all schemes under the same management or in schemes under the management of any other asset management company shall not exceed 5% of the net asset value of the mutual fund. Such investments shall be made in the schemes which are permitted by SEBI from time to time.
** Other liquid instruments include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI. Units of Equity Mutual funds will be considered under allocation for Equity and Equity related instruments
Type of scheme
An open ended equity scheme investing across large cap, mid cap, small cap stocks.
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- Nifty 500 Multicap 50:25:25 TRI
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High
- New fund offer
- 16 Jan 2023 to 30 Jan 2023
- Units first allotted
- 2 Feb 2023
- Open for sale again
- 9 Feb 2023
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 151232 | INF277KA1679 | TATA_MULT_DIR_PKWGE | 9 Feb 2023 | |
| Regular Growth | 151235 | INF277KA1703 | TATA_MULT_REG_114EPVG | 9 Feb 2023 | |
| Direct IDCW | 151233 | INF277KA1687 | TATA_MULT_DIR_1D8R7OS | 9 Feb 2023 | |
| Regular IDCW | 151236 | INF277KA1711 | TATA_MULT_REG_UTRY3L | 9 Feb 2023 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet September 2026 (opens in a new tab)Tata Mutual Fund, Sep 2026
Statement of additional information
- SAI Tata Mutual Fund (opens in a new tab)Tata Mutual Fund, Oct 2026
Annual report
- Annual Report Annexures for F.Y. 2025-2026 (opens in a new tab)Tata Mutual Fund, Mar 2026
- Annual Report for Debt and Cash Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
- Annual Report for Equity Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
- Abridged Annual Report for Debt Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
Riskometer disclosure
- Risk Parameters in respect of Mid Cap and Small Cap equity schemes for FY-2026-27 (opens in a new tab)Tata Mutual Fund, Sep 2026
Portfolio overlap disclosure
- Portfolio Overlap Report as on September 2026 (opens in a new tab)Tata Mutual Fund, Sep 2026