ReviewDirect · GrowthPrefer peers first
Tata Flexi Cap Fund
Tata Mutual FundEquity Scheme - Flexi Cap Fund8.1 years
The Scheme aims to generate capital appreciation by investing in a diversified portfolio of equity & equity related instruments across market capitalization. The scheme will predominantly invest in equity and equity related instruments of well researched and growth oriented companies.
- NAV
- 24.9836
- 28 Oct 2026
- 1Y
- -10.5%
- Trailing CAGR
- Upside capture
- +85%
- Vs NIFTY 500 TRI
- Downside capture
- +77%
- Lower is better
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 28 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer ITI Flexi Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
8.1 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.89% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -33.5%. Ask whether you can hold through a similar fall.
Vs category
Fail
20% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Anand V Sharma · 1.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 37.3% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 33%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-10.5%
- 3Y+9.0%
- 5Y+7.7%
- 10Yn/a
- SI+11.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-10.6%
- 3Y+0.3%
- 5Y+7.1%
- 10Yn/a
- Since inception
- +11.9%
- Calendar-day CAGR
- Excess 1Y
- -5.5%
- Category median, same plan and option
- 3Y win rate
- +20%
- Windows beating the median
- 3Y percentile
- 17
- Vs comparable share classes
- SIP 3Y XIRR
- +0.3%
- Simulated monthly SIP
- Worst rolling 3Y
- +7.9%
- 1264 daily-ending windows
- Median rolling 3Y
- +16.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 770 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 29 Oct 2026.
- 1Y excess
- -2.6%
- Fund minus TRI
- 3Y excess
- -1.0%
- Fund minus TRI
- Upside capture
- +85%
- Benchmark-up months
- Downside capture
- +77%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -33.5%
- Worst peak-to-trough
- Current
- -11.1%
- Below last peak
- Current spell
- 299 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 97 recovered episodes
- Longest recovery
- 358 days
- Trough to prior peak
13 Feb 2020 – 8 Oct 2020
Trough 23 Mar 2020 · recovered in 199 days
-33.5%
18 Oct 2021 – 13 Jun 2023
Trough 20 Jun 2022 · recovered in 358 days
-18.1%
26 Sept 2024 – 9 Jun 2025
Trough 3 Mar 2025 · recovered in 98 days
-14.6%
2 Jan 2026 – open
Trough 31 Mar 2026 · not recovered
-14.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
17
Vs category
16
Consistency
29
Risk-adjusted
47
Drawdown
16
Mean
25
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 71 holdings · top 10 are 37.3%.
- Top 5
- 24.3%
- Top 10
- 37.3%
- Largest holding
- 6.3%
- Effective holdings
- 42.6
HDFC Bank Ltd
Financial
6.3%
ICICI Bank Ltd
Financial
6.1%
Reliance Industries Ltd
Energy & Utilities
4.2%
Axis Bank Ltd
Financial
3.9%
Bharti Airtel Ltd
Technology
3.8%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
DECISION
Status moved from MONITOR to REVIEW.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ITI Flexi Cap Fund
ITI Mutual Fund
- 1Y
- +6.0%
- 3Y
- +18.2%
- Vol
- 15.4%
- Max DD
- -21.4%
- Sharpe
- 0.98
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Nippon India Flexi Cap Fund
Nippon India Mutual Fund
- 1Y
- -7.9%
- 3Y
- +9.2%
- Vol
- 14.8%
- Max DD
- -19.8%
- Sharpe
- 0.35
- 3Y win
- +60%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Parag Parikh Flexi Cap Fund
PPFAS Mutual Fund
- 1Y
- -7.0%
- 3Y
- +12.5%
- Vol
- 11.9%
- Max DD
- -31.2%
- Sharpe
- 0.96
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Bajaj Finserv Flexi Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- -0.5%
- 3Y
- +15.6%
- Vol
- 13.1%
- Max DD
- -17.5%
- Sharpe
- 0.68
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Baroda BNP Paribas Flexi Cap Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- -4.2%
- 3Y
- +11.6%
- Vol
- 13.9%
- Max DD
- -20.4%
- Sharpe
- 0.46
- 3Y win
- +78%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER