Tata Mid Cap Fund
Tata Mutual Fund·Mid Cap Fund·vs Nifty Midcap 150 TRI
The fund is heavily tilted toward financials and pharmaceuticals, betting on India's credit growth and domestic consumption recovery. The manager significantly increased conviction in infrastructure plays, notably BHEL, while building defensive cash positions through repo holdings—signaling caution despite maintaining nearly 94% equity exposure. The concentrated top-10 structure and selective exits suggest a quality-focused approach navigating near-term volatility in midcaps.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹441.5657 | +2.70% | -0.47% | -1.37% | +8.36% | +20.08% | +17.42% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
62
Top 5 Weight
14.75%
Top 10 Weight
27.79%
Active Share
—
Large Cap
8.90%
Gini
0.260
What Changed2026-03-31 → 2026-04-30
Holdings: 66 → 65+2 added−3 removed24 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| (A) TREPS | 2.01% |
| B) REPO | 2.44% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | MANKIND PHARMA LTD INE634S01028 | 3.21% |
| 2 | FEDERAL BANK LTD INE171A01029 | 3.07% |
| 3 | BHARAT HEAVY ELECTRICALS LTD INE257A01026 | 2.90% |
| 4 | INDIAN BANK INE562A01011 | 2.79% |
| 5 | INDUSIND BANK LTD INE095A01012 | 2.78% |
| 6 | AU SMALL FINANCE BANK LTD INE949L01017 | 2.72% |
| 7 | MAX FINANCIAL SERVICES LTD INE180A01020 | 2.69% |
| 8 | UPL LTD INE628A01036 | 2.63% |
| 9 | GLENMARK PHARMACEUTICALS LTD INE935A01035 | 2.58% |
| 10 | B) REPO | 2.44% |
| 11 | MARICO LTD INE196A01026 | 2.42% |
| 12 | INDUS TOWERS LTD INE121J01017 | 2.27% |
| 13 | ONE 97 COMMUNICATIONS LTD INE982J01020 | 2.15% |
| 14 | MPHASIS LTD INE356A01018 | 2.04% |
| 15 | (A) TREPS | 2.01% |
| 16 | L&T FINANCE LTD INE498L01015 | 2.00% |
| 17 | UNO MINDA LTD INE405E01023 | 1.99% |
| 18 | BSE LTD INE118H01025 | 1.95% |
| 19 | CASH / NET CURRENT ASSET | 1.92% |
| 20 | BHARTI HEXACOM LTD INE343G01021 | 1.90% |
Sector Allocation
Banks12.2%
Pharmaceuticals & Biotechnology9.0%
Auto Components7.2%
Insurance4.6%
Finance4.4%
Electrical Equipment4.3%
Telecom - Services4.2%
Fertilizers & Agrochemicals4.0%
Agricultural Food & other Products4.0%
IT - Software4.0%
Top 10 sectors by % to NAV. Excludes derivatives.