Tata Value Fund
Direct · GrowthAI Summary
Tata Value Fund has delivered strong SIP XIRR across horizons, including 18.88% over 3Y and 16.99% over 10Y, beating category averages at 1Y, 3Y, 10Y, and 12Y while matching the 7Y category average of 16.0%. Against the NIFTY50 VALUE 20 benchmark, the fund shows consistent positive alpha across all periods, ranging from 2.86% over 10Y to 9.49% over 3Y. The fund's CAGR has exceeded the benchmark CAGR in every measured window, with the widest gap of 9.72 percentage points over 1Y.
The fund exhibits a defensive risk profile, with downside capture consistently below 88% (as low as 77.52% over 12Y) while upside capture ranges from 83% to 99%, indicating it protects capital in declines at some cost to full upside participation. Beta below 1 across all periods (0.84 to 0.96) confirms lower volatility than the benchmark. However, the fund has experienced 5 drawdown events exceeding 10%, with the maximum drawdown lasting 574 days and taking 228 days to recover, which highlights meaningful interim losses despite favorable Calmar ratios of 0.41 to 0.54.
The portfolio is concentrated in financials, with Banks (17.2%) and Finance (12.8%) together forming 30% of assets, led by ICICI Bank at 8.9% and Shriram Finance at 6.3%. With only 38 total holdings and the top 10 accounting for roughly 48.5% of NAV, the fund runs a focused portfolio with meaningful single-stock exposure. Other significant allocations include Power (8.3%), Capital Markets (6.4%), and value-oriented names like Coal India, BPCL, and ITC.
The fund outperforms the category average SIP XIRR at 1Y (12.88% vs 11.89%), 3Y (18.88% vs 17.11%), 10Y (16.99% vs 16.52%), and 12Y (16.5% vs 16.16%), though it trails slightly at 5Y (17.68% vs 17.11% is actually ahead) — the only true lag is marginal and the fund is competitive across all horizons. Long-term consistency is a hallmark, with calendar-year returns positive in 11 of the last 14 years and strong years like 2014 (70.29%) and 2017 (40.56%). Recent performance has softened, with 2026 at -6.17% and 2025 at 4.33%, reflecting the current value-cycle downturn.
This fund suits investors with a long time horizon of 7 years or more who can tolerate multi-year drawdown periods, as evidenced by the 574-day maximum drawdown duration. It is appropriate for those seeking value-style exposure with below-benchmark volatility and who believe in the long-term mean reversion of undervalued Indian stocks. Investors should be comfortable with sector concentration in financials and the inherent cyclicality of value investing, using SIPs to smooth entry points.
- Consistent positive alpha over the NIFTY50 VALUE 20 benchmark across all measured periods from 1Y to 15Y, peaking at 9.49% over 3Y
- Strong downside protection with downside capture of 77-87% and beta below 1 in every period, cushioning market declines
- SIP XIRR above category averages at 1Y (12.88% vs 11.89%), 3Y (18.88% vs 17.11%), 10Y (16.99% vs 16.52%), and 12Y (16.5% vs 16.16%)
- Heavy sector concentration in financials, with Banks and Finance together comprising 30% of the portfolio
- Recent performance weakness, with calendar-year returns of -6.17% in 2026 and just 4.33% in 2025, and a maximum drawdown that took 574 days before recovery began
Generated on 09-10-2026, 3:18 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 | ₹12.83 L | 21.4% | -58.5% | 127.7% |
| 3 Years | ₹36.00 L | ₹46.92 L | 17.2% | -24.2% | 38.6% |
| 5 Years | ₹60.00 L | ₹87.13 L | 16.4% | -8.2% | 31.8% |
| 7 Years | ₹84.00 L | ₹1.45 Cr | 16.0% | 1.1% | 25.0% |
| 10 Years | ₹1.20 Cr | ₹2.86 Cr | 16.9% | 13.3% | 21.1% |
| 12 Years | ₹1.44 Cr | ₹4.20 Cr | 16.5% | 13.7% | 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 | 21.4% | 14.9% | 11.7% | +6.5% |
| 3 Years | 17.2% | 12.9% | 17.0% | +4.3% |
| 5 Years | 16.4% | 13.5% | 17.0% | +2.9% |
| 7 Years | 16.0% | 13.3% | 16.0% | +2.7% |
| 10 Years | 16.9% | 13.6% | 16.5% | +3.4% |
| 12 Years | 16.5% | 14.1% | 16.1% | +2.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 20.4% | 13.4% | -33.5% | 91.7% | 0.59 | 2.12 | 82% | — | — |
| 3 Years | 17.9% | 18.5% | -7.3% | 37.4% | 1.45 | 6.28 | 98% | — | — |
| 5 Years | 16.7% | 15.9% | 0.8% | 30.9% | 1.73 | 25.11 | 100% | — | — |
| 10 Years | 17.3% | 16.9% | 13.4% | 21.4% | 5.61 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY50 VALUE 20
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +7.38 | 0.95 | 95.3% | 85.2% | -2.5% | -10.7% |
| 3 Years | +8.55 | 0.94 | 98.5% | 87.1% | 12.0% | 3.3% |
| 5 Years | +6.95 | 0.86 | 90.2% | 80.9% | 11.3% | 4.1% |
| 7 Years | +4.96 | 0.87 | 86.8% | 80.1% | 15.9% | 11.6% |
| 10 Years | +2.66 | 0.84 | 83.2% | 78.5% | 13.8% | 12.0% |
| 12 Years | +5.04 | 0.85 | 84.5% | 77.5% | 14.6% | 10.1% |
| 15 Years | +4.80 | 0.84 | 84.9% | 77.6% | 14.5% | 10.3% |
| # | 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% |