Tata Multi Asset Allocation Fund
Tata Mutual Fund·Multi Asset Allocation·vs Nifty 200 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹27.5541 | — | — | — | — | — | — |
| Regular Growth | ₹24.8775 | +1.65% | -1.54% | -0.01% | +9.34% | +14.41% | +13.06% |
| Direct IDCW | ₹27.5541 | — | — | — | — | — | — |
| Direct IDCW | ₹27.5541 | — | — | — | — | — | — |
| Regular IDCW | ₹24.8775 | — | — | — | — | — | — |
| Regular IDCW | ₹24.8775 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
104
Top 5 Weight
22.49%
Top 10 Weight
34.50%
Active Share
—
Large Cap
39.56%
Gini
0.472
What Changed2026-03-31 → 2026-04-30
Holdings: 107 → 108+8 added−7 removed21 weight shifts ≥ 0.1%
| 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
Banks15.8%
Precious Metals14.7%
CAPITAL MARKETS4.6%
Petroleum Products4.4%
Telecom - Services3.6%
Automobiles3.4%
Insurance3.3%
Power3.2%
Healthcare Services3.2%
Construction2.9%
Top 10 sectors by % to NAV. Excludes derivatives.