3 Tata Mutual Funds That Delivered Highest Absolute Returns Upto 54% In 3 Years SIP

Three equity funds from the house of Tata Mutual Fund namely Tata Small Cap Fund, Tata Digital India Fund, and Tata Infrastructure Fund have delivered the highest absolute returns in 3 years of SIP under the Direct Plan-Growth option of the fund. These funds are highly risky as they are equity category funds with major investments in Indian equities.

Tata Small Cap Fund

Tata Small Cap Fund is a small-cap equity mutual fund. The fund has been rated 5 star by Value Research. The fund has delivered 53.36% absolute return in 3 years of SIP, whereas, for the same period, it has delivered a 29.86% annualised return. As on March 31st 2023, its asset under management is Rs 3,512 crore.

This fund has 86.15% investments in equity followed by 13.49% in cash and equivalents and 0.36% in real estate. The fund has a majority of investments in the Services (15.39%), Capital Goods (12.42%), Financial (12.20%), Consumer Staples (8.45%), and Chemicals (8.0%) sectors. Among its top holdings includes IDFC (4.01%), Radico Khaitan (3.98%), Redington (3.32%), Gujarat Pipavav Port (3.32%), and DCB Bank (3.19%).

To begin investment in this fund, the minimum required amount is Rs 5,000 for lump-sum investment and Rs 000 for additional investment. While for SIP, the minimum required amount is Rs 500.

Tata Infrastructure Fund

This is a Sectoral-Infrastructure fund, rated 3 star by Value Research. It is a highly risky equity fund. The fund has given a robust 44.35% absolute return and 25.37% annualised returns in 3 years of SIP. The fund has Rs 973 crore as on 31st March 2023.

This fund has the majority of investments in equities around 95.57% followed by 3.54% in cash and cash equivalent and 0.88% in real estate. The fund has the majority of investments in Capital Goods (30.96%), Construction (16.98%), Materials (15.26%), Energy (14.21%), and Metals & mining (7%). The top 5 stocks hold 23.53% investments, which include Larsen & Toubro (8.62%), NTPC (4.31%), Siemens (3.64%), Cummins India (3.55%), Grindwell Norton (3.41%).

You can begin investing in this fund with a minimum required amount of Rs 5000 for lumpsum investments and Rs 1000 for additional investments. To begin SIP in this fund, the minimum required amount is Rs 150.

Tata Large & Midcap Fund

This is a large & midcap fund category fund, rated 5 star by Value Research. It is a highly risky equity fund. It has given a 28.78% absolute return and 17.15% annualised return in 3 years of SIP. Its asset under management as on 31st March 2023 is Rs 3,798 crore.

It has the majority of exposure in equities around 93.61% followed by 6.39% in cash and cash equivalents. With the majority of investments in equity, its top sectors include Financial (28.46%), Services (9.21%), Consumer Staples (8.47%), Capital Goods (7.54%) and energy (7.04%). It has 28.41% holdings in the top 5 stocks, which include ICICI Bank (7.6%), Reliance (5.68%), HDFC Bank (5.51%), Varun Beverages (5.37%), and State Bank Of India (4.69%).

With a minimum required amount of Rs 5000, you can begin lumpsum investment in this fund, and for additional investments, the minimum required amount is Rs Rs 1000. Whereas for SIP, the minimum required amount in this fund is Rs 150.

Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.