Tata Multi Asset Allocation Fund
The fund maintains a defensive multi-asset posture with two-thirds in equities but anchored by substantial precious metals (19.2% combined) and near-cash repo holdings, signaling caution despite market exposure. Banking sector dominance at nearly 16% reflects conviction in financial stability, though recent additions in commodities and power suggest the manager is gradually rotating toward inflation-resilient inflation plays. The consolidation of gold positions and trimming of ICICI Bank indicate selective pruning rather than aggressive repositioning.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹27.7457 | — | — | — | — |
| Regular Growth | ₹25.0496 | +0.76% | +8.96% | +14.58% | +13.21% |
| Direct IDCW | ₹27.7457 | — | — | — | — |
| Direct IDCW | ₹27.7457 | — | — | — | — |
| Regular IDCW | ₹25.0496 | — | — | — | — |
| Regular IDCW | ₹25.0496 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| MALCO ENERGY LTD | 0.26% |
| VEDANTA ALUMINIUM METAL LTD | 0.26% |
| VEDANTA IRON AND STEEL LTD | 0.26% |
| TALWANDI SABO POWER LTD | 0.26% |
| GOI - 6.36% (16/02/2031) | 0.98% |
| GOI - 6.48% (06/10/2035) | 0.48% |
| (C) TREPS | 1.73% |
| D) REPO | 5.79% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | GOLD (1 KG-1000 GMS) COMMODITY | 7.08% |
| 2 | D) REPO | 5.79% |
| 3 | TATA GOLD EXCHANGE TRADED FUND INF277KA1976 | 4.01% |
| 4 | HDFC BANK LTD INE040A01034 | 4.00% |
| 5 | RELIANCE INDUSTRIES LTD INE002A01018 | 3.82% |
| 6 | SILVER (30 KG) COMMODITY^ | 3.58% |
| 7 | BHARTI AIRTEL LTD INE397D01024 | 2.79% |
| 8 | AXIS BANK LTD INE238A01034 | 2.52% |
| 9 | ICICI BANK LTD INE090A01021 | 2.39% |
| 10 | SGS MAHARASHTRA 6.77% (30/04/2037) IN2220250053 | 2.23% |
| 11 | SILVER (30 KG) COMMODITY | 2.08% |
| 12 | SILVER MINI (5 KGS) COMMODITY^ | 1.99% |
| 13 | STATE BANK OF INDIA INE062A01020 | 1.83% |
| 14 | (C) TREPS | 1.73% |
| 15 | FEDERAL BANK LTD INE171A01029 | 1.63% |
| 16 | KOTAK MAHINDRA BANK LTD INE237A01036 | 1.41% |
| 17 | NIVA BUPA HEALTH INSURANCE COMPANY LTD INE995S01015 | 1.40% |
| 18 | LARSEN & TOUBRO LTD INE018A01030 | 1.38% |
| 19 | TATA MOTORS PASSENGER VEHICLES LTD INE155A01022 | 1.31% |
| 20 | TATA STEEL LTD INE081A01020 | 1.23% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Tata Multi Asset Allocation Fund hold?
Tata Multi Asset Allocation Fund holds 104 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 22.49% of NAV.
What is the largest holding in Tata Multi Asset Allocation Fund?
The largest position in Tata Multi Asset Allocation Fund is GOLD (1 KG-1000 GMS) COMMODITY, accounting for 7.08% of NAV in the Precious Metals sector.
Is Tata Multi Asset Allocation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.472, Tata Multi Asset Allocation Fund is moderately concentrated. The HHI concentration index is 19,259 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 22.49% of the portfolio.
What is the market cap allocation of Tata Multi Asset Allocation Fund?
Based on SEBI's AMFI classification, Tata Multi Asset Allocation Fund's equity portfolio is split as: Large Cap: 39.56%, Mid Cap: 10.74%, Small Cap: 12.57%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Tata Multi Asset Allocation Fund invest in most?
Tata Multi Asset Allocation Fund has the highest allocation to Banks (15.79%), Precious Metals (14.73%), CAPITAL MARKETS (4.63%). The fund is invested across 35 sectors in total.
How actively managed is Tata Multi Asset Allocation Fund compared to other Multi Asset Allocation funds?
Tata Multi Asset Allocation Fund has an Active Share of 56.55%, classifying it as "Active Stock Picker" among 32 Multi Asset Allocation peers. This indicates a moderate level of differentiation from category peers.
What changed in Tata Multi Asset Allocation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Tata Multi Asset Allocation Fund added 8 new stocks (including MALCO ENERGY LTD) and exited 7 stocks (including SILVER MINI (5 KGS) COMMODITY). Total holding count increased from 107 to 108 stocks.