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tata multi asset allocation fund directgrowth
Tata Mutual Fund

Tata Multi Asset Allocation Fund Direct-Growth

Hybrid: Multi Asset Allocation - Growth (Open ended)
Risk levelCategoryBenchmark
Copyright © 2026 sharpely. All rights reserved.
Factsheet
SEBI Riskometer: Very HighCategory: Hybrid: Multi Asset AllocationCheck Portfolio Overlap →
NAV: ₹28.27+0.22%
07 Sept 2026
1 Week returns: -0.89 %
Category rank: 17/33
1 Month returns: -0.34 %
Category rank: 50/33
1 Year CAGR: 9.56 %
Category rank: 33/27
3 Years CAGR: 14.01 %
Category rank: 16/10
5 Years CAGR: 12.80 %
Category rank: 9/7
52 week high/low
₹25.54
₹28.74
AUM
5234.08
Expense Ratio
0.64
Inception
1583971.00
P/E
19.29
P/B
2.97
Credit Risk
Medium
IR Risk
Medium
YTM
7.84
Duration
1.65
Maturity
2.22
Return 3Y
14.01
Return 5Y
12.80

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Relatively low expense ratio

Expense ratio of the scheme (0.64%) is lower than average expense ratio of the category (1.29%), excluding index funds and ETFs

This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Negative
3-year performance is in the bottom 25th percentile

3-year CAGR of 14.01% is in the bottom 25th percentile in its category - Hybrid: Multi Asset Allocation

This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category

What is CAGR (3Y)?

Relatively high volatility

Volatility of scheme returns is significantly higher than average volatility of the category

This measures the volatility of monthly returns of the scheme (in the last 3 years) with respect to average volatility of the category. Higher number implies that scheme has been riskier that average category risk

What is Volatility (3Y)?

Neutral
Moderate performance consistency

The scheme was a top-quartile (25%) performer in 7.0 out of last 12 quarters

This is measured as the number of quarters, in the last 12 quarters, that the scheme was in the top quartile (25th percentile). Higher number implies that scheme has been a consistent performer

What is Consistency (quarterly)?

Scheme Overview

The scheme seeks to generate long term capital appreciation.

Scheme Category Overview →

Plan Variants

Tata Multi Asset Allocation Fund Direct-IDCW
Plan
IDCW
Payout
Irregular

Fund Managers

Murthy Nagarajan
Since: 14 Feb 2020
View details
Education
Mr. Nagarajan is a M.Com, ICWA and PGPMS.
Past Experience
Prior to joining Tata AMC he has worked with Quantum AMC as head fixed income, Mirae Asset Global Investment India Ltd..
Funds managed (14)
1.Tata Aggressive Hybrid Fund1 Apr 2017 – Present
2.Tata Retirement Savings Fund - Moderate Plan1 Apr 2017 – Present
3.Tata Retirement Savings Fund - Conservative Plan1 Apr 2017 – Present
4.Tata Retirement Savings Fund - Progressive Plan1 Apr 2017 – Present
5.Tata Balanced Advantage Fund1 Jun 2026 – Present
6.Tata Medium Term Fund Segregated Portfolio 115 Jun 2019 – Present
7.Tata Multi Asset Allocation Fund14 Feb 2020 – Present
8.Tata Dividend Yield Fund3 May 2021 – Present
9.Tata Business Cycle Fund16 Jul 2021 – Present
10.Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60:40 Index Fund1 Jun 2026 – Present
11.Tata Housing Opportunities Fund16 Aug 2022 – Present
12.Tata Nifty G-Sec Dec 2029 Index Fund1 Jun 2026 – Present
13.Tata Multicap Fund16 Jan 2023 – Present
14.Tata Income Plus Arbitrage Active FoF15 Oct 2025 – Present
Sailesh Jain
Since: 14 Feb 2020
View details
Education
Mr. Jain is a Commerce Graduate and an MBA.
Past Experience
Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.
Amit Somani
Since: 1 Jun 2026
View details
Education
Mr.Somani is a B.Com, PGDBM and CFA.
Past Experience
Prior to joining Tata Asset Management Ltd in 2010 he has worked with Fidelity Investments Netscribes Pvt. ltd, SPA Capital and Khandwala Securities.
Rahul Singh
Since: 14 Feb 2020
View details
Education
Mr. Singh is B.Tech & PGDBM
Past Experience
Prior to Tata AMC, he has worked with Ampersand Capital Investment Advisors LLP, Standard Chartered Securities and Citigroup Global Markets India.
Tapan Patel
Since: 11 Aug 2023
View details
Education
Mr. Patel has done BBA, CFA and MFA from ICFAI
Past Experience
Prior to joining Tata Mutual Fund, he has worked with HDFC Securities Ltd, LKP Securities Ltd, Kotak Commodity Services Pvt. Ltd and Edelweiss Comtrade Ltd.

Key Scheme Details

Inception
11 Mar 2020
Expense Ratio
0.64%
AUM
₹5,234.08 Cr
Lock in
No lock in
Taxation
Equity
Min. Investment
₹5,000
Min. Addl Investment
-
Min. SIP Investment
₹100
Exit load
Exit load of 0.50%, if redeemed within 30 days.

AMC Overview

Tata Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Jul 31, 2026
Total AUM: ₹ 2,31,572 Cr
Equity
₹ 91,977 Cr
Debt
₹ 83,669 Cr
Hybrid
₹ 45,056 Cr
Commodities
₹ 10,870 Cr
Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Mar 31, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Jul 31, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026
equity32,635 Cr32,836 Cr31,860 Cr33,951 Cr33,741 Cr33,012 Cr36,529 Cr36,439 Cr38,202 Cr39,808 Cr38,910 Cr38,514 Cr40,366 Cr40,921 Cr42,586 Cr45,227 Cr47,810 Cr50,416 Cr51,648 Cr52,869 Cr52,148 Cr56,210 Cr59,664 Cr61,778 Cr63,141 Cr63,520 Cr66,931 Cr67,819 Cr74,140 Cr79,278 Cr81,664 Cr84,031 Cr81,473 Cr84,243 Cr84,752 Cr80,810 Cr74,438 Cr79,588 Cr82,061 Cr86,096 Cr90,003 Cr88,678 Cr87,395 Cr88,081 Cr91,549 Cr92,101 Cr92,074 Cr88,891 Cr87,290 Cr78,290 Cr87,263 Cr87,989 Cr89,428 Cr91,977 Cr
hybrid21,780 Cr22,058 Cr21,943 Cr21,007 Cr21,387 Cr21,273 Cr19,836 Cr19,337 Cr19,441 Cr19,211 Cr18,737 Cr18,828 Cr18,841 Cr18,154 Cr19,146 Cr19,996 Cr20,598 Cr21,617 Cr21,863 Cr22,447 Cr22,553 Cr23,555 Cr25,161 Cr26,373 Cr27,279 Cr28,215 Cr29,501 Cr30,015 Cr30,387 Cr31,913 Cr32,091 Cr32,453 Cr32,820 Cr33,004 Cr33,071 Cr32,999 Cr31,834 Cr32,801 Cr33,977 Cr35,671 Cr37,039 Cr38,022 Cr39,037 Cr39,762 Cr41,276 Cr41,436 Cr41,305 Cr41,432 Cr42,200 Cr39,734 Cr42,096 Cr42,637 Cr44,152 Cr45,056 Cr
debt28,562 Cr31,689 Cr30,652 Cr32,063 Cr34,318 Cr32,702 Cr33,454 Cr31,919 Cr33,611 Cr39,164 Cr33,355 Cr35,084 Cr39,579 Cr39,557 Cr44,104 Cr47,740 Cr44,948 Cr53,425 Cr57,153 Cr46,202 Cr50,301 Cr52,384 Cr51,831 Cr56,837 Cr60,402 Cr44,168 Cr49,853 Cr55,305 Cr56,127 Cr65,083 Cr65,251 Cr58,353 Cr69,782 Cr69,666 Cr67,323 Cr70,506 Cr74,845 Cr63,491 Cr72,213 Cr71,329 Cr78,215 Cr87,750 Cr84,924 Cr80,450 Cr84,657 Cr86,536 Cr77,793 Cr79,696 Cr91,791 Cr71,660 Cr86,842 Cr83,606 Cr73,175 Cr83,669 Cr
commodities-----------------------86 Cr98 Cr117 Cr162 Cr196 Cr215 Cr248 Cr274 Cr300 Cr371 Cr412 Cr447 Cr514 Cr599 Cr678 Cr771 Cr849 Cr981 Cr1,161 Cr1,297 Cr2,220 Cr3,264 Cr3,593 Cr5,678 Cr12,474 Cr11,539 Cr10,831 Cr11,226 Cr11,275 Cr10,927 Cr10,870 Cr
Total82,976 Cr86,583 Cr84,455 Cr87,022 Cr89,447 Cr86,987 Cr89,819 Cr87,695 Cr91,254 Cr98,184 Cr91,002 Cr92,426 Cr98,786 Cr98,633 Cr1,05,836 Cr1,12,964 Cr1,13,356 Cr1,25,458 Cr1,30,664 Cr1,21,518 Cr1,25,001 Cr1,32,149 Cr1,36,656 Cr1,45,074 Cr1,50,920 Cr1,36,020 Cr1,46,447 Cr1,53,335 Cr1,60,868 Cr1,76,521 Cr1,79,280 Cr1,75,136 Cr1,84,446 Cr1,87,326 Cr1,85,592 Cr1,84,828 Cr1,81,716 Cr1,76,558 Cr1,89,022 Cr1,93,944 Cr2,06,239 Cr2,15,611 Cr2,12,653 Cr2,10,514 Cr2,20,745 Cr2,23,665 Cr2,16,851 Cr2,22,493 Cr2,32,819 Cr2,00,515 Cr2,27,427 Cr2,25,507 Cr2,17,682 Cr2,31,572 Cr

AMC Details

AMC
Tata Mutual Fund
CEO
Anand Vardarajan(Managing Director and Chief Executive Officer)
CIO
Rahul Singh(Chief Investment Officer-Equity)
IRO
Kashmira Kalwachwala
Trustee
Tata Trustee Company Private Ltd
Address
9th Floor, Mafatlal Centre,, Nariman Point,, Mumbai

Frequently Asked Questions

What is the current NAV of Tata Multi Asset Allocation Fund Direct-Growth?
The current NAV of Tata Multi Asset Allocation Fund Direct-Growth is ₹28.27 as of 6 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of Tata Multi Asset Allocation Fund Direct-Growth?
The AUM (Assets Under Management) of Tata Multi Asset Allocation Fund Direct-Growth is ₹5,234.08 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Tata Multi Asset Allocation Fund Direct-Growth?
The expense ratio of Tata Multi Asset Allocation Fund Direct-Growth is 0.64% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of Tata Multi Asset Allocation Fund Direct-Growth?
Tata Multi Asset Allocation Fund Direct-Growth is managed by Murthy Nagarajan, Sailesh Jain, Amit Somani, Rahul Singh, Tapan Patel. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Tata Multi Asset Allocation Fund Direct-Growth?
The benchmark of Tata Multi Asset Allocation Fund Direct-Growth is -. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Tata Multi Asset Allocation Fund Direct-Growth launched?
Tata Multi Asset Allocation Fund Direct-Growth was launched on 11 Mar 2020. The fund has been in existence for 6 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Tata Multi Asset Allocation Fund Direct-Growth?
The minimum investment in Tata Multi Asset Allocation Fund Direct-Growth is ₹5,000 for a lump sum and ₹100 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on Tata Multi Asset Allocation Fund Direct-Growth?
Tata Multi Asset Allocation Fund Direct-Growth has an exit load — Exit load of 0.50%, if redeemed within 30 days.. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does Tata Multi Asset Allocation Fund Direct-Growth belong to?
Tata Multi Asset Allocation Fund Direct-Growth belongs to the Hybrid: Multi Asset Allocation category. You can view other funds in this category.