ReviewDirect · GrowthPrefer peers first
Tata Focused Fund
- NAV
- 23.6636
- 30 Oct 2026
- 1Y
- -10.3%
- Trailing CAGR
- AUM
- ₹1,624.93 Cr
- 30 Sept 2026
- Volatility
- High
- 17.7% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 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 · Three-year return sits below the 25th percentile of comparable share classes.
Prefer peers if · Prefer Edelweiss Focused Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
6.9 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.93% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -37.3%. Ask whether you can hold through a similar fall.
Vs category
Pass
73% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
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 ≈ 53.2% 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 37%. 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-10.3%
- 3Y+8.4%
- 5Y+8.5%
- 10Yn/a
- SI+13.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-11.5%
- 3Y-1.6%
- 5Y+6.4%
- 10Yn/a
- Since inception
- +13.3%
- Calendar-day CAGR
- Excess 1Y
- -7.1%
- Category median, same plan and option
- 3Y win rate
- +73%
- Windows beating the median
- 3Y percentile
- 6
- Vs comparable share classes
- SIP 3Y XIRR
- -1.6%
- Simulated monthly SIP
- Worst rolling 3Y
- +7.4%
- 962 daily-ending windows
- Median rolling 3Y
- +18.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 471 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -37.3%
- Worst peak-to-trough
- Current
- -14.6%
- Below last peak
- Current spell
- 764 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 81 recovered episodes
- Longest recovery
- 231 days
- Trough to prior peak
6 Feb 2020 – 9 Nov 2020
Trough 23 Mar 2020 · recovered in 231 days
-37.3%
26 Sept 2024 – open
Trough 13 Mar 2025 · not recovered
-19.6%
17 Jan 2022 – 1 Nov 2022
Trough 20 Jun 2022 · recovered in 134 days
-17.1%
14 Dec 2022 – 7 Jun 2023
Trough 28 Mar 2023 · recovered in 71 days
-10.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
6
Vs category
6
Consistency
67
Risk-adjusted
49
Drawdown
7
Mean
27
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.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 73% of rolling 3-year windows.
Portfolio
30 Sept 2026 · 30 holdings · top 10 are 53.2%.
- Top 5
- 32.0%
- Top 10
- 53.2%
- Largest holding
- 8.0%
- Effective holdings
- 23.4
HDFC Bank Ltd
Financial
8.0%
ICICI Bank Ltd
Financial
7.6%
Axis Bank Ltd
Financial
6.3%
Ultratech Cement Ltd
Materials
5.2%
Reliance Industries Ltd
Energy & Utilities
4.9%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
30 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
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
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Edelweiss Focused Fund
Edelweiss Mutual Fund
- 1Y
- -7.6%
- 3Y
- +11.8%
- Vol
- 13.8%
- Max DD
- -17.1%
- Sharpe
- 0.51
- 3Y win
- +90%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
ITI Focused Fund
ITI Mutual Fund
- 1Y
- -0.7%
- 3Y
- +15.8%
- Vol
- 15.6%
- Max DD
- -18.4%
- Sharpe
- 0.65
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Quant Focused Fund
quant Mutual Fund
- 1Y
- +1.8%
- 3Y
- +13.5%
- Vol
- 16.7%
- Max DD
- -36.4%
- Sharpe
- 0.65
- 3Y win
- +78%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Kotak Focused Fund
Kotak Mahindra Mutual Fund
- 1Y
- -2.6%
- 3Y
- +14.1%
- Vol
- 16.7%
- Max DD
- -36.3%
- Sharpe
- 0.61
- 3Y win
- +64%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Old Bridge Focused Fund
Old Bridge Mutual Fund
- 1Y
- +5.3%
- 3Y
- n/a
- Vol
- 16.2%
- Max DD
- -18.9%
- Sharpe
- 0.31
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns