Tata Large & Mid Cap Fund
The fund maintains a pronounced banking sector tilt at 23 percent, betting on financial services strength as India's growth story unfolds. With top-10 holdings consuming 47 percent of assets, the manager favors quality franchises over diversification, signaling conviction in large-cap durability alongside selective mid-cap exposure through names like Varun Beverages and Godrej Properties. The modest cash buffer and recent shift toward money market instruments suggest tactical caution, though the concentrated positioning indicates confidence in the chosen portfolio anchors to weather near-term volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹474.2849 | +1.45% | -5.66% | -9.88% | -7.03% | +8.91% | +11.48% |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| (A) TREPS | 1.37% |
| B) REPO | 1.99% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC BANK LTD INE040A01034 | 8.51% |
| 2 | STATE BANK OF INDIA INE062A01020 | 5.75% |
| 3 | VARUN BEVERAGES LTD INE200M01039 | 4.61% |
| 4 | IDFC FIRST BANK LTD INE092T01019 | 4.31% |
| 5 | RELIANCE INDUSTRIES LTD INE002A01018 | 4.22% |
| 6 | PI INDUSTRIES LTD INE603J01030 | 4.15% |
| 7 | BHARTI AIRTEL LTD INE397D01024 | 4.06% |
| 8 | GODREJ PROPERTIES LTD INE484J01027 | 4.00% |
| 9 | SBI CARDS AND PAYMENT SERVICES LTD INE018E01016 | 3.80% |
| 10 | ICICI BANK LTD INE090A01021 | 3.72% |
| 11 | TEGA INDUSTRIES LTD INE011K01018 | 2.56% |
| 12 | BHARAT FORGE LTD INE465A01025 | 2.49% |
| 13 | TATA COMMUNICATIONS LTD INE151A01013 | 2.33% |
| 14 | MAHINDRA AND MAHINDRA FINANCIAL SERVICES LTD INE774D01024 | 2.29% |
| 15 | GODREJ INDUSTRIES LTD INE233A01035 | 2.15% |
| 16 | ACC LTD INE012A01025 | 2.04% |
| 17 | B) REPO | 1.99% |
| 18 | UNITED BREWERIES LTD INE686F01025 | 1.98% |
| 19 | THERMAX LTD INE152A01029 | 1.88% |
| 20 | LARSEN & TOUBRO LTD INE018A01030 | 1.87% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.