ReviewDirect · GrowthPrefer peers first
Tata Infrastructure Fund
Tata Mutual FundEquity Scheme - Sectoral/ Thematic13.8 years
The scheme aims to provide income distribution and medium to long term capital gains by investing predominantly in equity or equity related instruments of the companies in the infrastructure sector.
- NAV
- 180.7636
- 26 Oct 2026
- 1Y
- -2.7%
- Trailing CAGR
- AUM
- ₹1,981.6 Cr
- 30 Sept 2026
- Volatility
- High
- 17.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 26 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer Kotak Business Cycle Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
1.24% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -42.5%. Ask whether you can hold through a similar fall.
Vs category
Pass
67% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Abhinav Sharma · 8.4 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 ≈ 36.3% 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 42%. 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-2.7%
- 3Y+11.3%
- 5Y+13.8%
- 10Y+13.9%
- SI+13.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-5.9%
- 3Y-0.3%
- 5Y+10.2%
- 10Y+15.5%
- Since inception
- +13.9%
- Calendar-day CAGR
- Excess 1Y
- +2.3%
- Category median, same plan and option
- 3Y win rate
- +67%
- Windows beating the median
- 3Y percentile
- 51
- Vs comparable share classes
- SIP 3Y XIRR
- -0.3%
- Simulated monthly SIP
- Worst rolling 3Y
- -10.2%
- 2650 daily-ending windows
- Median rolling 3Y
- +17.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +98%
- 2157 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -42.5%
- Worst peak-to-trough
- Current
- -18.1%
- Below last peak
- Current spell
- 817 days
- Days below latest peak
- Time below peak
- +91%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 115 recovered episodes
- Longest recovery
- 291 days
- Trough to prior peak
12 Jan 2018 – 8 Jan 2021
Trough 23 Mar 2020 · recovered in 291 days
-42.5%
3 Jan 2013 – 12 May 2014
Trough 28 Aug 2013 · recovered in 257 days
-30.6%
31 Jul 2024 – open
Trough 28 Feb 2025 · not recovered
-29.8%
2 Mar 2015 – 25 Jul 2016
Trough 29 Feb 2016 · recovered in 147 days
-24.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
51
Vs category
64
Consistency
64
Risk-adjusted
51
Drawdown
0
Mean
46
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
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 67% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 54 holdings · top 10 are 36.3%.
- Top 5
- 22.0%
- Top 10
- 36.3%
- Largest holding
- 6.6%
- Effective holdings
- 40.1
Larsen & Toubro Ltd
Industrials
6.6%
Adani Ports and Special Economic Zone Ltd
Industrials
4.2%
Repo
Unspecified
3.9%
NTPC Ltd
Energy & Utilities
3.8%
Interglobe Aviation Ltd
Industrials
3.5%
What changed
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
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
18 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
17 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
15 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak Business Cycle Fund
Kotak Mahindra Mutual Fund
- 1Y
- -0.6%
- 3Y
- +15.7%
- Vol
- 12.7%
- Max DD
- -18.4%
- Sharpe
- 0.70
- 3Y win
- +98%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Nippon India Innovation Fund
Nippon India Mutual Fund
- 1Y
- -6.0%
- 3Y
- +12.6%
- Vol
- 14.3%
- Max DD
- -21.5%
- Sharpe
- 0.44
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Motilal Oswal Active Momentum Fund
Motilal Oswal Mutual Fund
- 1Y
- +12.0%
- 3Y
- n/a
- Vol
- 17.1%
- Max DD
- -16.6%
- Sharpe
- 0.91
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ICICI Prudential Commodities Fund
ICICI Prudential Mutual Fund
- 1Y
- -0.8%
- 3Y
- +14.6%
- Vol
- 23.0%
- Max DD
- -41.2%
- Sharpe
- 0.84
- 3Y win
- +90%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Baroda BNP Paribas Innovation Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +2.7%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -22.3%
- Sharpe
- 0.40
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns