Tata Ethical Fund
Tata Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund maintains a heavy IT concentration at nearly a quarter of assets, reflecting confidence in software services as an ethical growth play, complemented by meaningful pharma and auto-component exposure. The manager recently trimmed utilities and energy stocks while adding battery technology, signaling a shift toward cleaner industrial narratives. Modest cash cushioning and moderate portfolio concentration suggest a balanced conviction level, though the IT tilt leaves the fund vulnerable to sector rotation risks.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹410.2320 | +1.11% | — | — | — | — | — |
| Regular Growth | ₹355.7097 | +1.01% | -4.70% | -7.75% | -5.28% | +7.40% | +9.48% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
60
Top 5 Weight
23.02%
Top 10 Weight
35.45%
Active Share
—
Large Cap
50.70%
Gini
0.358
What Changed2026-03-31 → 2026-04-30
Holdings: 63 → 61+1 added−3 removed19 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| EXIDE INDUSTRIES LTD | 1.33% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | INFOSYS LTD INE009A01021 | 7.88% |
| 2 | CASH / NET CURRENT ASSET | 6.62% |
| 3 | TATA CONSULTANCY SERVICES LTD INE467B01029 | 5.19% |
| 4 | TECH MAHINDRA LTD INE669C01036 | 3.52% |
| 5 | HINDUSTAN UNILEVER LTD INE030A01027 | 3.46% |
| 6 | JINDAL STEEL LTD INE749A01030 | 2.97% |
| 7 | ULTRATECH CEMENT LTD INE481G01011 | 2.57% |
| 8 | FORTIS HEALTHCARE LTD INE061F01013 | 2.49% |
| 9 | SRF LTD INE647A01010 | 2.48% |
| 10 | DR REDDYS LABORATORIES LTD INE089A01031 | 2.46% |
| 11 | BHARAT HEAVY ELECTRICALS LTD INE257A01026 | 2.43% |
| 12 | HERO MOTOCORP LTD INE158A01026 | 2.38% |
| 13 | HCL TECHNOLOGIES LTD INE860A01027 | 2.37% |
| 14 | HINDALCO INDUSTRIES LTD INE038A01020 | 2.24% |
| 15 | ALKEM LABORATORIES LTD INE540L01014 | 2.19% |
| 16 | BHARAT PETROLEUM CORPORATION LTD INE029A01011 | 2.11% |
| 17 | CROMPTON GREAVES CONSUMER ELECTRICALS LTD INE299U01018 | 2.11% |
| 18 | NESTLE INDIA LTD INE239A01024 | 2.09% |
| 19 | CIPLA LTD INE059A01026 | 1.89% |
| 20 | CUMMINS INDIA LTD INE298A01020 | 1.78% |
Sector Allocation
IT - Software23.4%
Pharmaceuticals & Biotechnology9.9%
Auto Components7.7%
Chemicals & Petrochemicals4.6%
Consumer Durables4.4%
Food Products3.6%
Healthcare Services3.5%
Diversified FMCG3.5%
Industrial Products3.4%
Personal Products3.2%
Top 10 sectors by % to NAV. Excludes derivatives.