Tata Multi Asset Allocation Gr

All Cap

Diversified

Hybrid

India Multi Asset

Others

Emotionally driven

Investor Profile

4–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Tata Multi Asset Opportunities Fund Growth mixes stocks and bonds for balanced growth and stability.

What This Strategy Does

Tata Multi Asset Allocation Reg Gr is an equity flexi-cap fund which captures India's ₹200+ trillion diversified opportunity through dynamic asset allocation, deploying capital across financials, industrials, and energy to achieve broad-based earnings growth.

CW Expert Research Notes

Resilient Downside Protection

The fund has demonstrated consistent downside protection across market cycles, outperforming its benchmark in 10 of the past 12 years.

Balanced Multi-Asset Approach

The fund's differentiated multi-asset allocation strategy, with a 64.8% equity tilt complemented by 14.9% cash and 8.1% bonds, provides a balanced risk-return profile.

Cyclical Earnings Tailwinds

The fund's overweight exposure to financials (35.7%), industrials (13.0%), and energy (7.8%) positions it to benefit from potential earnings revisions amid an economic recovery.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+14.4% vs +11.5% benchmarkSince Inception

+10.5% vs +5.7% benchmark3Y Annualized

+9.4% vs +4.7% benchmark5Y Annualized

Tata Multi Asset Allocation Gr

Benchmark Index

Benchmark Performance Comparison

Tata Multi Asset Opportunities Fund

NIFTY 50 + FD Returns

Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.

Risk Profile

Standard Deviation11.6%

Maximum Drawdown-9.4% | Oct 2024

Sharpe Ratio0.36

Detailed Risks

Market Risk

Potential recession in India driven by high inflation could dampen consumer demand, impacting fund holdings.

Liquidity Risk

Volatility spikes in mid-cap stocks could strain liquidity, hindering rebalancing or exits.

Concentration Risk

Significant exposure to mid-cap stocks amplifies risks from earnings misses or competitive pressures.

Specific Strategy Risk

Regulatory changes to asset allocation rules could disrupt multi-asset strategy execution.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Delivers dynamic asset allocation across equities, bonds, and cash to navigate varying market conditions. This multi-asset approach aims to capture upside in rising markets while providing downside protection during volatility. The impact is a smoother return profile with lower drawdowns compared to single-asset class investing.

Broader Market View

Market Outlook

Equity markets appear to be entering a mid-cycle phase, with an attractive entry point supported by consumption recovery, earnings normalization, and capex revival. While risks such as margin pressures exist, the fund's tilt towards consumer, financial services, and technology positions it to capitalize on these trends.

Why This Strategy is Attractive Now

This strategy seems well-positioned given its balanced exposure across consumer cyclicals, defensives, financials, and technology. The portfolio's diversification across around 70 holdings, including market leaders, coupled with moderate risk metrics, aligns it with the current environment and differentiates it from passive strategies.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their long-term potential.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach can provide exposure to companies with resilient business models and pricing power, potentially mitigating downside risk while participating in secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to focus on companies with strong franchises, sustainable competitive advantages, and attractive growth runways, sourced through rigorous fundamental research and analysis. Selection: The selection process suggests a preference for businesses with consistent profitability, robust cash flow generation, and reasonable valuations relative to their growth prospects and quality characteristics. Construction: Portfolio construction is consistent with a diversified, conviction-weighted approach, balancing risk management with the ability to capitalize on high-conviction opportunities across market capitalizations and sectors.

Portfolio Holdings Overview

SectoralAllocation

Utilities5.32%

Technology4.14%

Financial Services35.75%

Services12.78%

Consumers9.73%

Capital Goods22.02%

Energy & Infra10.26%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

Cash Offsets For Shorts & DerivativesUtilities9.84%

I) RepoUtilities8.65%

Tata Gold ETFUtilities6.02%

Silver (30 Kg) Commodity^Utilities5.58%

Gold (1 Kg-1000 Gms) Commodity^Utilities4.26%

Reliance Industries LtdEnergy & Infra3.70%

HDFC Bank LtdFinancial Services3.42%

ICICI Bank LtdFinancial Services3.30%

Bharti Airtel LtdServices2.56%

Tata Silver ETFUtilities2.29%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Rahul Singh

Lead Portfolio Manager

Mr. Rahul Singh has experience of 21 years. Manages 122 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹4,617 Cr Holds a PGDM degree.

Tapan Patel

Co-Portfolio Manager

Tapan Patel has experience of 3 years. Manages 28 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹4,617 Cr

Murthy Nagarajan

Co-Portfolio Manager

Mr. Murthy Nagarajan has experience of 30 years. Manages 80 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹4,617 Cr Holds a PGPMS degree.

Sailesh Jain

Co-Portfolio Manager

Mr. Sailesh Jain has experience of 19 years. Manages 52 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹29,566 Cr Holds a M.B.A. degree.

Amit Somani

Co-Portfolio Manager

Mr. Amit Somani has experience of 23 years. Manages 113 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹165 Cr Holds a PGDBM degree.

Tapan Patel

Co-Portfolio Manager

Tapan Patel has experience of 3 years. Manages 28 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹4,617 Cr

Murthy Nagarajan

Co-Portfolio Manager

Mr. Murthy Nagarajan has experience of 30 years. Manages 80 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹4,617 Cr Holds a PGPMS degree.

Sailesh Jain

Co-Portfolio Manager

Mr. Sailesh Jain has experience of 19 years. Manages 52 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹29,566 Cr Holds a M.B.A. degree.

Amit Somani

Co-Portfolio Manager

Mr. Amit Somani has experience of 23 years. Manages 113 funds at Tata Asset Management Pvt Ltd with an AUM of approximately ₹165 Cr Holds a PGDBM degree.

CW Expert Take

Tata AMC reflects the group's values-based approach to business. Their investment process emphasizes ESG integration and governance quality alongside financial metrics. The fund house takes measured positions, avoiding excessive concentration while maintaining conviction in quality franchises across equity and credit portfolios.

95 years

Combined Team Experience

₹ 43,582 Cr

Assets Under Management

Firm Overview

AMCTata Asset Management Pvt Ltd

Investment Professionals49+

Global Offices250 Cities

Investment Philosophy & Approach

Disciplined Approach

Tata AMC follows a disciplined investment approach focused on rigorous research.

Risk Management

Risk management is embedded in the investment process through diversification.

Long-Term Perspective

Tata AMC maintains a long-term perspective in portfolio construction.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)1.95%

Exit Load1

Regulatory & Tax Information

INF277K012Z5

ISIN

DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)