Tata Resources & Energy Fund
Tata Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund maintains a concentrated bet on India's infrastructure and energy transition, with power and metals commanding nearly half the portfolio. The manager's recent swap—exiting Vedanta's conglomerate structure while adding its focused subsidiary plays—signals conviction in operational simplicity and direct commodity exposure. This tactical reshuffling, paired with steady positions in cement majors and PSU power, positions the portfolio for sustained demand from India's capex cycle.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹58.1369 | — | — | — | — | — | — |
| Regular Growth | ₹48.9267 | +4.87% | +4.84% | +5.79% | +12.21% | +18.95% | +14.46% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
49
Top 5 Weight
22.23%
Top 10 Weight
36.92%
Active Share
—
Large Cap
48.42%
Gini
0.294
What Changed2026-03-31 → 2026-04-30
Holdings: 46 → 51+5 added−0 removed29 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| HINDUSTAN ZINC LTD | 1.33% |
| TALWANDI SABO POWER LTD | 1.22% |
| VEDANTA IRON AND STEEL LTD | 1.22% |
| VEDANTA ALUMINIUM METAL LTD | 1.22% |
| MALCO ENERGY LTD | 1.22% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ULTRATECH CEMENT LTD INE481G01011 | 6.04% |
| 2 | TATA STEEL LTD INE081A01020 | 4.72% |
| 3 | NTPC LTD INE733E01010 | 4.16% |
| 4 | ADANI POWER LTD INE814H01029 | 3.67% |
| 5 | AMBUJA CEMENTS LTD INE079A01024 | 3.64% |
| 6 | JINDAL STEEL LTD INE749A01030 | 3.28% |
| 7 | NAVIN FLUORINE INTERNATIONAL LTD INE048G01026 | 3.04% |
| 8 | A) REPO | 2.85% |
| 9 | ADANI ENERGY SOLUTIONS LTD INE931S01010 | 2.82% |
| 10 | JSW STEEL LTD INE019A01038 | 2.82% |
| 11 | VEDANTA LTD INE205A01025 | 2.73% |
| 12 | AARTI INDUSTRIES LTD INE769A01020 | 2.64% |
| 13 | UPL LTD INE628A01036 | 2.39% |
| 14 | BHARAT PETROLEUM CORPORATION LTD INE029A01011 | 2.35% |
| 15 | OIL & NATURAL GAS CO. INE213A01029 | 2.34% |
| 16 | NHPC LTD INE848E01016 | 2.17% |
| 17 | DEE DEVELOPMENT ENGINEERS LTD INE841L01016 | 2.17% |
| 18 | COAL INDIA LTD INE522F01014 | 2.15% |
| 19 | RELIANCE INDUSTRIES LTD INE002A01018 | 2.13% |
| 20 | MOIL LTD INE490G01020 | 2.07% |
Sector Allocation
Power19.1%
Cement & Cement Products13.8%
Ferrous Metals13.0%
Petroleum Products8.8%
Chemicals & Petrochemicals7.6%
Fertilizers & Agrochemicals5.0%
Non - Ferrous Metals4.1%
Minerals & Mining3.8%
Oil3.5%
Consumable Fuels3.4%
Top 10 sectors by % to NAV. Excludes derivatives.