Tata Multi Asset Allocation Fund
This is the Regular plan of Tata Multi Asset Allocation Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 15 of 36 Multi Asset Allocation 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 Multi Asset Allocation (same plan and option). 15 of the 36 Multi Asset Allocation funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +10.38% · ranks 12 of 15 Multi Asset Allocation funds
Volatility 9.2% vs 9.9% category avg
1.9% expense vs 2.2% category avg
100% 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 (1.95%) vs the Multi Asset Allocation average of 2.19%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- Trails the Multi Asset Allocation average on 1M/3M/1Y — 1Y by 3.30pp
- 3-year return (+10.38%) trails the Multi Asset Allocation average (+13.15%)
- 5-year return (+9.95%) trails the Multi Asset Allocation average (+12.06%)
- Weaker risk-adjusted returns — Sharpe 0.42 below the Multi Asset Allocation average of 0.73
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Multi Asset Allocation)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.42% | -3.69% | -0.73% |
| 3M abs | -3.88% | -1.75% | -2.13% |
| 6M abs | +3.09% | +3.31% | -0.22% |
| 1Y CAGR | +1.27% | +4.57% | -3.30% |
| 3Y CAGR | +10.38% | +13.15% | -2.77% |
| 5Y CAGR | +9.95% | +12.06% | -2.11% |
Category average across peers in Multi Asset Allocation (up to 36 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 36 peers in Multi Asset Allocation
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 Multi Asset Allocation 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 50 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -4.97% | -12.85% | +7.88% | |
| 2025 | +14.90% | +11.97% | +2.93% | |
| 2024 | +14.52% | +10.16% | +4.36% | |
| 2023 | +18.30% | +21.69% | -3.39% | |
| 2022 | +6.93% | +5.68% | +1.25% | |
| 2021 | +22.40% | +25.49% | -3.09% | |
| 2020part | +31.53% | — | — |
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- Equity74.14%
- Other10.95%
- Debt9.97%
- Cash & Equivalents3.95%
- Real Estate / REITs0.99%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹5,042Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
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
RSRahul SinghManaging since 12 Mar 2020
Chief Investment Officer- Equities
B.Tech, PGDBM
Management 29 Tata Balanced Mr. Rahul Singh is Chief Investment Officer-Equities. He is with Advantage Fund Tata Asset Management Ltd. since October 2018. Reporting to Chief Executive Officer and Managing Director. Tata Multi Asset Allocation Fund, From July 2015 to October 2018 with Ampersand Capital Investment Advisors LLP as Managing Partner. Tata Children’s Fund From August 2010 to March 2015 with Standard Chartered Securities Ltd. as Managing Director Reporting to CEO. From August 2005 to June 2010 with Citigroup Global Markets as Senior Research Analyst Reporting to Head of Research. Tata Arbitrage From Nov’2018 with Tata Asset Management Limited – Fund
MNMurthy NagarajanManaging since 12 Mar 2020
Head-Fixed Income
B. Com, M. Com, PGPMS, ICWA (Inter)
29 Tata Business Presently working with Tata Asset Management Pvt Ltd. since Cycle Fund, March 2017 as Head - Fixed Income, Reporting to Chief
SJSailesh JainManaging since 12 Mar 2020
ASAmit SomaniManaging since 01 Jun 2026
Senior Fund Manager
B. Com, PGDBM, CFA
Sep 2012 – till date with Tata Asset Management Ltd. as a Fund Manager reporting to Head-Fixed Income. Jun 2010 – Aug 2012 with Tata Asset Management Ltd. as a Credit Analyst reporting to Head of Fixed Income. September 2006 – April 2010 with Fidelity Investments as Research Associate. July 2004 to August 2006 with Netscribes Pvt. Ltd as Research analyst. Jun 2003 to July 2004 with SPA Capital as debt market dealer. February 2001 to May 2003 with Khandwala Securities as debt market dealer.
TPTapan PatelManaging since 11 Aug 2023
Research Analyst - Commodities
CFA, MFA 17 from ICFAI. BBA from Gujarat University
Management Tata Equity From 11 August 2023 onwards till date with Tata Asset Management Pvt. Savings Fund Ltd. as Fund Manager reporting to Chief Investment Officer. Tata Multi Asset Allocation Fund From 27 September 2022 till 10 August 2023 with Tata Asset Management Pvt. Ltd. Reporting to Head – Commodities Strategy, (Erstwhile Tata Multi Asset Research. Opportunities Fund) From 02 May 2018 to 23 September 2022 with HDFC Securities Limited Tata Gold as Senior Manager – Research, Reporting to Deputy Head of Research. Exchange Traded Fund From 16 January 2017 to 27 April 2018 with LKP Securities Ltd as Tata Silver Associate Vice President – Research, Reporting to CEO. Exchange Traded Fund From 29 August 2013 to 13 January 2017 with Kotak Commodity Services Pvt. Ltd. as Manager (Analyst) – Research, Reporting to Head of Tata Gold ETF Fund of Fund Research. From 01 January 2008 to 20 August 2013 with Edelweiss Comtrade Ltd, as Associate – Research, Reporting to Head of Research.
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. 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.
Gold buying in October: Current prices offer better entry point than start of 2026, says Tata MF
Upstox · 5h ago
‘Mutual Funds Speak The Language of Culture’
IMPACT Magazine · 10h 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
NFO Alert: Tata Mutual Fund announces launch of Titanium Active Asset Allocator Long-Short Fund
The Economic Times · 12d ago
Tata Mutual Fund launches Titanium Active Asset Allocator Long-Short Fund; check NFO details
Upstox · 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
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 Multi Asset Allocation funds
Multi asset funds spread money across at least three asset classes — typically equity, debt and gold — each at 10% or more. The mix aims to reduce the impact of any one asset having a bad year.
Frequently asked questions
What is the NAV of Tata Multi Asset Allocation Fund?
As of 01 Oct 2026, the NAV of Tata Multi Asset Allocation Fund is ₹24.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Tata Multi Asset Allocation Fund delivered?
Tata Multi Asset Allocation Fund has returned +1.27% over 1 year, +10.38% per year over 3 years, +9.95% per year over 5 years and +15.33% 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 Multi Asset Allocation Fund?
Tata Multi Asset Allocation Fund charges an expense ratio of 1.95% 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 Multi Asset Allocation Fund?
Tata Multi Asset Allocation Fund's largest holdings are TATA GOLD EXCHANGE TRADED FUND (6.0%), SILVER (30 KG) COMMODITY (5.6%), RELIANCE INDUSTRIES LTD (3.7%), HDFC BANK LTD (3.4%) and ICICI BANK LTD (3.3%). Holdings are disclosed monthly and change over time.
How risky is Tata Multi Asset Allocation Fund?
Tata Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 9.2% and its worst peak-to-trough fall in our sample was -13.6%. 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 0.42 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Multi Asset Allocation Fund's 0.42 means it has rewarded its volatility with excess return. Higher is better.
Who manages Tata Multi Asset Allocation Fund?
Tata Multi Asset Allocation Fund is managed by Rahul Singh, Murthy Nagarajan, Sailesh Jain, Amit Somani and Tapan Patel at Tata.
How is Tata Multi Asset Allocation Fund taxed?
Tata Multi Asset Allocation 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.