Fundalysisby DARKHORSESTOCKS

Fund manager · Tata

Murthy Nagarajan

Head-Fixed Income at Tata. Runs 14 schemes worth ₹29,159 Cr.

  • Fund house

    TataThey run their schemes at Tata.

  • AUM they run

    ₹29,159 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    14 now · 2 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Mar 2025.

  • Experience

    29 years29

Profile(Tata's SAI, 30 Jun 2026)

About

Role
Head-Fixed Income
Studied
B. Com, M. Com, PGPMS, ICWA (Inter)
Age
57 years
Experience
29

Schemes now14

  1. Tata Balanced Advantage Fund₹8,005 Cr
  2. Tata Multi Asset Allocation Fund₹5,000 Cr
  3. Tata Aggressive Hybrid Fund₹3,983 Cr
  4. Tata Multicap Fund₹3,409 Cr
  5. Tata Business Cycle Fund₹2,416 Cr
  6. Tata Retirement Savings Fund Moderate Plan₹2,115 Cr
  7. and 8 more, all below

AUM they run(Mar 2019 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202629,159−5.2%
Aug 202630,7440.0%
Jul 202630,743+1.2%
Jun 202630,370+44.5%
May 202621,024+0.8%
Apr 202620,851−5.5%
Mar 202622,058−11.6%
Feb 202624,964−1.0%
Jan 202625,225−2.3%
Dec 202525,8320.0%
Nov 202525,840+0.8%
Oct 202525,634+26.1%
AUM at month end, Sept 2026
₹29,159 Cr
+13.8% since Oct 2025
Fig. 1.The AUM of the schemes Murthy Nagarajan ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Apr 2017 – now)

  1. Aggressive Hybrid Fund
  2. Retirement Savings Fund Moderate Plan
  3. Retirement Savings Fund Progressive Plan
  4. Equity Savings Fund
  5. Short Term Fund The scheme has 1 segregated portfolio which was created under Corporate Bond Fund
  6. Multi Asset Allocation Fund
  7. Retirement Savings Fund Conservative Plan
  8. Dividend Yield Fund
  9. Business Cycle Fund
  10. Housing Opportunities Fund
  11. Multicap Fund
  12. Income Plus Arbitrage Active FoF
Tata201820192020202120222023202420252026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Apr 2017 – now)

Tata

14 now · since Apr 2017
  1. Tata Balanced Advantage Fund
    Fund managerJun 2026—5m₹8,005 CrBalanced AdvantageTER 0.70%
  2. Tata Multicap Fund
    Fund manager, debtJan 2023—3y 10m₹3,409 CrMulti CapTER 0.80%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(15 schemes)

Growth · Direct plans

Return as manager
+11.76%
Beat peers
5 of 11
vs peers
−0.84 pt
Longest run
9.5 years
Beat benchmark
Upcoming
Each scheme Murthy Nagarajan ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
Tata Retirement Savings Fund Progressive Plan
Apr '17–now · 9.5y
+12.91%+10.57%+2.34 pt––
Tata Short Term Fund The scheme has 1 segregated portfolio which was created under Corporate Bond Fund
Apr '17–Jun '25 · 8.2y
+6.59%+7.44%−0.84 pt––
Tata Aggressive Hybrid Fund
Apr '17–now · 9.5y
+9.64%+12.17%−2.53 pt––
Tata Retirement Savings Fund Moderate Plan
Apr '17–now · 9.5y
+12.06%+10.57%+1.49 pt––
Tata Multi Asset Allocation Fund
Mar '20–now · 6.6y
+17.15%+15.59%+1.56 pt––
Tata Retirement Savings Fund Conservative Plan
Mar '21–now · 5.6y
+7.05%+9.41%−2.35 pt––
Tata Dividend Yield Fund
May '21–now · 5.4y
+14.43%+15.49%−1.06 pt––
Tata Business Cycle Fund
Aug '21–now · 5.2y
+13.45%+12.55%+0.90 pt––
Tata Housing Opportunities Fund
Sep '22–now · 4.1y
+10.22%+13.33%−3.11 pt––
Tata Multicap Fund
Feb '23–now · 3.7y
+11.76%+16.73%−4.97 pt––
Tata Income Plus Arbitrage Active FoF
Oct '25–now · 1.0y
+5.42%+5.32%+0.10 pt––
Tata Corporate Bond Fund The scheme has 1 segregated portfolio which was created under Tata Medium Term Fund
Oct '25–Apr '26 · 0.5y
+1.65%+1.68%−0.03 pt––
Tata Nifty G Sec Dec 2029 Index Fund
Jun '26–now · 0.4y
+1.75%−1.84%+3.59 pt––
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index Fund
Jun '26–now · 0.4y
+2.46%−1.84%+4.31 pt––
Tata Balanced Advantage Fund
Jun '26–now · 0.4y
−2.22%+0.69%−2.92 pt––
Fig. 1.Each scheme Murthy Nagarajan ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(10 now)

  1. Amit SomaniBalanced Advantage Fund · Multi Asset Allocation Fund · Aggressive Hybrid Fund · Retirement Savings Fund Moderate Plan · Income Plus Arbitrage Active FoF · Retirement Savings Fund Conservative Plan · Nifty G Sec Dec 2029 Index Fund · Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index Fund8 schemes
  2. Sailesh JainBalanced Advantage Fund · Multi Asset Allocation Fund · Business Cycle Fund · Dividend Yield Fund · Income Plus Arbitrage Active FoF · Equity Savings Fund6 schemes
  3. Hasmukh VishariyaMulticap Fund · Business Cycle Fund · Dividend Yield Fund3 schemes
  4. Rahul SinghBalanced Advantage Fund · Multi Asset Allocation Fund · Business Cycle Fund3 schemes
  5. Sonam UdasiRetirement Savings Fund Moderate Plan · Retirement Savings Fund Progressive Plan · Retirement Savings Fund Conservative Plan3 schemes
  6. Tapan PatelMulti Asset Allocation Fund · Equity Savings Fund2 schemes
  7. Aditya BagulHousing Opportunities Fund1 scheme
  8. Kapil MalhotraHousing Opportunities Fund1 scheme

Career(Aug 1999 – Oct 2013)

with Quantum Asset Management Co. Pvt. Ltd. as Head – Fixed Income, Reporting to Chief Executive Officer

  1. Position not stated
    Feb 2010—Oct 20133y 9m

with Tata Asset Management Pvt Ltd. as Head -Fixed Income, Reporting to Chief Investment Officer

  1. Position not stated
    Dec 2007—Jan 20102y 2m

with Mirae Asset Global Investment India Pvt. Ltd. as Head - Fixed Income, reporting to Managing Director

  1. Position not stated
    Aug 1999—Nov 20078y 4m

Source.Tata's Statement of Additional Information, as of 30 Jun 2026.