Tata Multicap Fund Direct Growth performance review analysis for January: Tata Multicap Fund Direct Growth, managed by the seasoned fund managers Murthy Nagarajan,Rahul Singh,Tejas Gutka,Kapil Malhotra, remains a prominent player in the Multi-Cap. Tata Multicap Fund boasts an impressive AUM of ₹3172.18 crore. Under the guidance of Murthy Nagarajan,Rahul Singh,Tejas Gutka,Kapil Malhotra, the fund adheres to its objective of 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. This detailed review of Tata Multicap Fund evaluates its recent performance, comparing it to the NIFTY 500 index, and analyzes key metrics such as sharpe ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
Performance Analysis:
Over the past week, Tata Multicap Fund returned -3.35%, showing a negative delta of -2.43% with respect to NIFTY 500. The one-month performance shows a negative trend, with the fund delivering -8.05% against the NIFTY 500’s -6.48%.
The performance over the longer durations is mentioned below:
Period | Mutual Fund Returns | NIFTY 500 Performance | Performance Difference |
---|---|---|---|
6 Months | -6.95% | -6.94% | -0.01% |
1 Year | 6.25% | 10.83% | -4.58% |
3 Years | 0.00% | 36.86% | -36.86% |
5 Years | 0.00% | 113.45% | -113.45% |
Below is the list of top holdings in the fund:
Holding Name | Percentage of Portfolio |
---|---|
HDFC Bank | 3.93% |
Bharti Airtel | 3.14% |
State Bank Of India | 3.12% |
Axis Bank | 2.53% |
NTPC | 2.46% |
Sector Name | Weightage (%) |
---|---|
Regional Banks | 15.29% |
Construction Services | 8.58% |
Software & Programming | 6.79% |
Auto & Truck Parts | 6.38% |
Consumer Financial Services | 5.89% |
Misc. Capital Goods | 3.76% |
Electric Utilities | 3.19% |
Communications Services | 3.14% |
Biotechnology & Drugs | 3.03% |
Chemical Manufacturing | 2.52% |
Oil & Gas Operations | 2.31% |
Iron & Steel | 2.09% |
Construction - Raw Materials | 2.01% |
Natural Gas Utilities | 1.88% |
Electronic Instr. & Controls | 1.77% |
Misc. Financial Services | 1.74% |
Constr. - Supplies & Fixtures | 1.68% |
Investment Services | 1.6% |
Tires | 1.57% |
Coal | 1.46% |
Metal Mining | 1.46% |
Real Estate Operations | 1.45% |
Apparel/Accessories | 1.44% |
Insurance (Prop. & Casualty) | 1.35% |
Trucking | 1.22% |
Beverages (Alcoholic) | 1.19% |
Healthcare Facilities | 1.16% |
Personal & Household Prods. | 1.08% |
Motion Pictures | 0.99% |
Auto & Truck Manufacturers | 0.91% |
Appliance & Tool | 0.85% |
Restaurants | 0.81% |
Hotels & Motels | 0.73% |
Broadcasting & Cable TV | 0.6% |
Food Processing | 0.59% |
Retail (Department & Discount) | 0.46% |
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund's Sharpe Ratio stands at 0.62, while the three-year and five-year ratios are 0.00 and 0.00, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 11.64% for one year, 0.00% for three years, and 0.00% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
In the last month, the fund acquired new positions in the following stocks:
Stock Name | Holding (%) | No of shares | Holding Value (in Cr) |
---|---|---|---|
Senco Gold | 1.21% | 355555 | 38.14 |
Vishal Mega Mart | 1.08% | 3205110 | 34.12 |
The fund has increased its position in the following stocks:
Stock Name | No of shares (Before purchase) | No of shares (After purchase) | Holding Value (in Cr) |
---|---|---|---|
HDFC Bank | 800000.0 | 700000.0 | 124.10 |
Balkrishna Industries | 189500.0 | 170000.0 | 49.48 |
Gravita India | 217666.0 | 211558.0 | 46.11 |
Shriram Pistons & Rings | 173152.0 | 146576.0 | 32.03 |
The fund has reduced its holding in the following stocks:
Stock Name | No of shares (Before reduction) | No of shares (After reduction) | Holding Value (in Cr) |
---|---|---|---|
Federal Bank | 2975000.0 | 2300000.0 | 46.01 |
Brigade Enterprises | 375000.0 | 324652.0 | 40.36 |
Uno Minda | 440000.0 | 365000.0 | 38.45 |
Radico Khaitan | 169637.0 | 144637.0 | 37.70 |
Disclaimer: This is an AI-generated live story and has not been edited by LiveMint staff.
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