Tata Value Fund
Direct · GrowthAI Summary
Tata Value Fund has delivered strong long-term SIP returns, with a 10Y XIRR of 17.23% and 12Y XIRR of 16.97%, outpacing the category average SIP XIRR of 16.65% and 16.44% respectively. It has consistently beaten its benchmark (NIFTY50 VALUE 20) across all periods, with the fund's 15Y CAGR of 14.71% versus the benchmark's 10.5%. The 1Y XIRR of 12.58% trails the category average of 17.71%, indicating recent relative softness despite strong 3Y (20.13%) and 5Y (17.78%) figures.
The fund exhibits a defensive risk profile, with beta below 1 across all periods (0.84-0.96) and downside capture consistently well below 100% (77.5%-87%), meaning it falls less than the benchmark in weak markets. Positive alpha across all horizons (3.17% to 8.97%) confirms meaningful risk-adjusted outperformance. However, the maximum drawdown duration of 574 days with a 228-day recovery suggests investors may need patience during prolonged corrections.
The portfolio is concentrated in financials, with Banks (17.2%) and Finance (12.8%) together accounting for roughly 30% of assets, led by ICICI Bank (8.9%) and Shriram Finance (6.3%). With 38 total holdings and the top position at just 8.9%, single-stock risk is well contained. Exposure spans value-oriented sectors including power (8.3%), capital markets (6.4%), and consumable fuels (4.9%), consistent with the fund's value mandate.
The fund beats category average SIP XIRR over 3Y (20.13% vs 17.43%), 5Y (17.78% vs 16.74%), 10Y (17.23% vs 16.65%), and 12Y (16.97% vs 16.44%) horizons, demonstrating durable long-term consistency. Its only lag is the 1Y period (12.58% vs 17.71%), suggesting a recent stretch of underperformance against peers. Calendar year returns show strong upside years (70.29% in 2014, 40.56% in 2017, 37.52% in 2023) but also negative years like -5.71% in 2018 and -2.45% in 2026 YTD.
This fund suits investors with a long-term horizon of 7+ years who believe in value investing and can tolerate multi-year drawdown periods, as evidenced by the 574-day maximum drawdown duration. Its low downside capture and below-market beta make it appropriate for moderately conservative equity investors seeking smoother rides than pure large-cap index funds. SIP investors in particular have benefited, given the fund's consistent category-beating XIRR over 3Y and longer horizons.
- Consistent positive alpha versus the NIFTY50 VALUE 20 benchmark across all periods, ranging from 3.17% (10Y) to 8.97% (1Y)
- Strong downside protection with downside capture of 77.5%-87% and beta below 1 in every measured period
- Category-beating SIP XIRR over 3Y (20.13% vs 17.43%), 5Y (17.78% vs 16.74%), 10Y (17.23% vs 16.65%), and 12Y (16.97% vs 16.44%) horizons
- Recent 1Y XIRR of 12.58% trails the category average of 17.71%, indicating short-term underperformance versus peers
- Heavy financial sector concentration, with Banks and Finance together comprising roughly 30% of the portfolio
- Prolonged recovery times during corrections, with a maximum drawdown duration of 574 days and 228 days needed for recovery
Generated on 03-09-2026, 3:07 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.86 L | 21.7% | -58.5% | 127.7% |
| 3 Years | ₹36.00 L | ₹47.04 L | 17.4% | -24.2% | 38.6% |
| 5 Years | ₹60.00 L | ₹87.53 L | 16.5% | -8.2% | 31.8% |
| 7 Years | ₹84.00 L | ₹1.45 Cr | 16.0% | 1.1% | 25.0% |
| 10 Years | ₹1.20 Cr | ₹2.87 Cr | 17.1% | 13.9% | 21.1% |
| 12 Years | ₹1.44 Cr | ₹4.23 Cr | 16.7% | 14.1% | 20.0% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY50 VALUE 20 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 21.7% | 15.2% | 17.7% | +6.5% |
| 3 Years | 17.4% | 13.1% | 17.4% | +4.3% |
| 5 Years | 16.5% | 13.7% | 16.7% | +2.8% |
| 7 Years | 16.0% | 13.4% | 16.1% | +2.6% |
| 10 Years | 17.1% | 13.7% | 16.6% | +3.4% |
| 12 Years | 16.7% | 14.2% | 16.4% | +2.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 20.7% | 14.0% | -33.5% | 91.7% | 0.59 | 2.16 | 82% | — | — |
| 3 Years | 18.0% | 18.6% | -7.3% | 37.4% | 1.45 | 6.27 | 98% | — | — |
| 5 Years | 16.7% | 16.0% | 0.8% | 30.9% | 1.73 | 25.04 | 100% | — | — |
| 10 Years | 17.4% | 17.0% | 13.5% | 21.4% | 5.96 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +8.97 | 0.96 | 96.8% | 84.0% | 4.0% | -5.5% |
| 3 Years | +8.77 | 0.94 | 98.8% | 87.0% | 14.8% | 6.0% |
| 5 Years | +8.16 | 0.86 | 90.2% | 79.6% | 14.8% | 6.7% |
| 7 Years | +5.07 | 0.87 | 86.3% | 79.3% | 16.8% | 12.5% |
| 10 Years | +3.17 | 0.84 | 83.5% | 78.1% | 14.4% | 12.1% |
| 12 Years | +5.55 | 0.86 | 85.5% | 77.7% | 15.2% | 10.2% |
| 15 Years | +4.85 | 0.84 | 84.9% | 77.5% | 14.7% | 10.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | ICICI BANK LTD | 8.90% |
| 2 | SHRIRAM FINANCE LTD | 6.30% |
| 3 | MOTILAL OSWAL FINANCIAL SERVICE LTD | 5.01% |
| 4 | COAL INDIA LTD | 4.93% |
| 5 | MUTHOOT FINANCE LTD | 4.53% |
| 6 | INDUS TOWERS LTD | 4.52% |
| 7 | BHARAT PETROLEUM CORPORATION LTD | 3.90% |
| 8 | ITC LTD | 3.53% |
| 9 | NTPC LTD | 3.46% |
| 10 | HERO MOTOCORP LTD | 3.39% |