Tata Equity Savings Fund
The scheme aims to provide long term capital appreciation by investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments.
Growthvine rating: 3/5 — ranked #7 of 25 in category.
Fund basics
| Category | Hybrid: Equity Savings |
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| NAV | ₹56.36 (as of 2026-02-20) |
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| AUM | ₹285 Cr |
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| Expense ratio | 1.14% |
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| Riskometer | Moderately High |
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| Fund manager | Tapan Patel |
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| Exit load | 0.25% for redemption within 7 days |
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Performance & risk
| 5-year annualised return | 8.31% |
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| Sharpe ratio | 1.02 |
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| Standard deviation | 3.38% |
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| Max drawdown | -13.95% |
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| Alpha | 1.38 |
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| Beta | 0.45 |
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Over 5 years, captured 105.2% of NIFTY 50 Hybrid Short Duration Debt 25:75 Index's upside and 108.2% of its downside.
Market cap allocation
| Large cap | 89.6% |
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| Mid cap | 8.9% |
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| Small cap | 1.6% |
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Concentration
| Top 5 holdings | 30.3% |
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| Top 10 holdings | 50.4% |
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| Total holdings | 53 |
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Top holdings
- Net Receivable / Payable — 51.1%
- GOI - 7.10% (08/04/2034) — 10.8%
- REPO — 9.6%
- HDFC Bank Limited — 7.1%
- State Bank of India — 6.1%
- Bharti Airtel Limited — 5.8%
- ICICI Bank Limited — 5.8%
- Axis Bank Limited — 5.5%
- Larsen & Toubro Limited — 4.5%
- Reliance Industries Limited — 4.3%
Top sectors
- Banking & Financial — 24.9%
- Construction — 7.9%
- Telecom — 5.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | -0.4% | Q4 (Bottom) | #25 of 25 |
| 2025 | 6.6% | Q2 | #11 of 22 |
| 2024 | 11.2% | Q2 | #9 of 22 |
| 2023 | 12.5% | Q3 | #13 of 21 |
| 2022 | 3.1% | Q3 | #12 of 19 |