Tata Large & Mid Cap Fund
This is the Direct plan of Tata Large & Mid Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★☆☆☆2/5 vs 26 of 35 Large & Mid Cap Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Large & Mid Cap Fund (same plan and option). 26 of the 35 Large & Mid Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +5.65% · ranks 26 of 26 Large & Mid Cap Funds
Volatility 14.2% vs 14.7% category avg
0.8% expense vs 1.2% category avg
99% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (0.77%) vs the Large & Mid Cap Fund average of 1.19%
- Consistent — positive in 99% of rolling 3-year windows
Concerns
- Trails the Large & Mid Cap Fund average on 3M/6M/1Y — 1Y by 8.31pp
- 3-year return (+5.65%) trails the Large & Mid Cap Fund average (+12.84%)
- 5-year return (+8.61%) trails the Large & Mid Cap Fund average (+12.05%)
- Ranks #33 of 33 on 1-year return in its Large & Mid Cap Fund cohort
- Weaker risk-adjusted returns — Sharpe -0.06 below the Large & Mid Cap Fund average of 0.41
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Large & Mid Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.96% | -5.93% | +0.97% |
| 3M abs | -5.57% | -3.52% | -2.05% |
| 6M abs | +6.38% | +9.09% | -2.71% |
| 1Y CAGR | -7.62% | +0.69% | -8.31% |
| 3Y CAGR | +5.65% | +12.84% | -7.19% |
| 5Y CAGR | +8.61% | +12.05% | -3.44% |
Category average across peers in Large & Mid Cap Fund (up to 35 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 35 peers in Large & Mid Cap Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Tata Large & Mid Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty Midcap 150 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -9.98% | -2.32% | -7.66% | |
| 2025 | +3.28% | +6.24% | -2.96% | |
| 2024 | +16.82% | +24.74% | -7.92% | |
| 2023 | +24.18% | +45.27% | -21.09% | |
| 2022 | +12.45% | +4.09% | +8.36% | |
| 2021 | +29.91% | +48.31% | -18.40% | |
| 2020 | +15.10% | +26.10% | -11.00% | |
| 2019 | +15.43% | — | — | |
| 2018 | -3.92% | — | — | |
| 2017 | +33.87% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity94.53%
- Cash & Equivalents5.47%
AMC Profile
Tata Mutual Fund is run by Tata Asset Management, part of the Tata Group, and has been in business since 1995. It runs a broad line-up across equity, debt and hybrid, including several long-running thematic schemes.
Fund Managers
CPChandraprakash PadiyarManaging since 03 Sep 2018
Senior Fund Manager
25 Mr. Chandraprakash Padiyar is Senior Fund Manager. He is with Tata Asset Management Pvt Ltd. since September 2018. Reports to Chief Investment Officer- Equities. From April 2007 to August 2018 with Alchemy Capital Management Pvt. Ltd. where he was & Portfolio for their onshore long only strategies. Reporting to Chief Investment Officer.
KMKapil MalhotraManaging since 01 Nov 2019
MBA (PGPEM) from Indian Institute of Management, Bangalore, B.Sc (Hons) in Business and Administration, Brunel University, London, U.K
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Tata in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
‘Mutual Funds Speak The Language of Culture’
IMPACT Magazine · 4h ago
#MutualFundSummit2026 | "There's an inflationary environment across the world, and it's picking up pace. In this kind of environment, equities tend to do very well. Indian equities will do well in the coming years." Chandraprakash Padiyar of Tata Mutual Fund s
LinkedIn · 6d ago
Tata debt fund NAV delayed on AMFI website: What investors should know
CNBC TV18 · 6d ago
Tata Mutual Fund launches Titanium Active Asset Allocator Long-Short Fund; check NFO details
Upstox · 12d ago
NFO Alert: Tata Mutual Fund announces launch of Titanium Active Asset Allocator Long-Short Fund
The Economic Times · 12d ago
Fedbank Financial holds meets with HDFC and Tata Mutual Funds
scanx.trade · 13d ago
NFOs this week: Tata’s short term debt fund, Invesco’s defence and chemical funds at a glance
Business Today · 20d ago
Tata MF launches short-term debt fund tracking CRISIL-IBX benchmark
CNBC TV18 · 20d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Large & Mid Cap funds
Large & mid cap funds keep at least 35% each in large-cap and mid-cap stocks. They aim to blend the stability of big companies with the higher growth — and higher swings — of mid caps.
From the blog
Large & mid-cap funds: a flat year and a wide spread
02 Oct 2026
The median large & mid-cap fund made 0.91% in the year to 1 October 2026; 19 of 33 gained. Three, five and ten-year returns, best, worst and falls.
Large & mid cap funds: halfway between large and mid
11 Jun 2026
The median large & mid cap fund returned 15.59% a year over 3 years to 10 June 2026, almost exactly halfway between large caps (11.35%) and mid caps (19.75%).
The equity funds that fell least in March 2026
09 Apr 2026
From 27 February to 30 March the Nifty 50 fell 11.31%. 215 of 311 diversified equity funds fell less, and Quant Mid Cap lost only 4.00%. Who held up best.
Frequently asked questions
What is the NAV of Tata Large & Mid Cap Fund?
As of 01 Oct 2026, the NAV of Tata Large & Mid Cap Fund is ₹541.59 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Tata Large & Mid Cap Fund delivered?
Tata Large & Mid Cap Fund has returned -7.62% over 1 year, +5.65% per year over 3 years, +8.61% per year over 5 years and +14.03% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Tata Large & Mid Cap Fund?
Tata Large & Mid Cap Fund charges an expense ratio of 0.77% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Tata Large & Mid Cap Fund?
Tata Large & Mid Cap Fund's largest holdings are HDFC BANK LTD (7.9%), STATE BANK OF INDIA (5.8%), IDFC FIRST BANK LTD (5.4%), GODREJ PROPERTIES LTD (4.5%) and ICICI BANK LTD (4.3%). Holdings are disclosed monthly and change over time.
How risky is Tata Large & Mid Cap Fund?
Tata Large & Mid Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.2% and its worst peak-to-trough fall in our sample was -35.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -0.06 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Large & Mid Cap Fund's -0.06 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of Tata Large & Mid Cap Fund?
Tata Large & Mid Cap Fund is benchmarked against the NIFTY Large Midcap 250 TRI. Its alpha and beta on this page are measured against that index.
Who manages Tata Large & Mid Cap Fund?
Tata Large & Mid Cap Fund is managed by Chandraprakash Padiyar and Kapil Malhotra at Tata.
How is Tata Large & Mid Cap Fund taxed?
Tata Large & Mid Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.