Fundalysisby DARKHORSESTOCKS

Scheme

Tata Multicap Fund

Holds 78 companies worth ₹3,206 Cr in Sept 2026.

  • Fund house

    TataThe fund house that runs this scheme.

  • AUM

    ₹3,409 CrTata Multicap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.7% on Aug 2026, ₹3,576 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 7.2% of this scheme's NAV.

  • Fund manager

    Murthy NagarajanRuns it since 16 Jan 2023, as the fund house dates it. With Meeta Shetty (fund manager), Hasmukh Vishariya (fund manager).

Overview(9 Oct 2026)

Fund managers3

  1. Murthy NagarajanFund manager, debt · Jan 2023 · 29y · CMA M.Com B.Com
  2. Meeta ShettyFund manager, equity · Jan 2025 · 19y · CFA
  3. Hasmukh VishariyaFund manager · Mar 2025 · 8y · CA

    Key facts

    Benchmark
    Nifty 500 Multicap 50:25:25 TRI
    Risk
    Very High
    Expense
    Regular 2.15% · Direct 0.8%
    Exit load
    0.5% within 30 days
    Started
    2 Feb 2023
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

    What changed(7 changes)

    Sept 2026

    1 change
    1. Expense ratio
      11 SeptRegular 2.16% → 2.15%Direct 0.77% → 0.78%

    Aug 2026

    1 change
    1. Expense ratio
      13 AugRegular 1.95% → 2.16%Direct 0.56% → 0.77%

    Apr 2026

    1 change
    1. Expense ratio
      29 AprRegular 1.89% → 1.95%Direct 0.47% → 0.56%

    Source.Its filings at NSE, since Mar 2025.

    Fund managers over time(Feb 2023 – now)

    1. Murthy Nagarajan
    2. Meeta Shetty
    3. Hasmukh Vishariya
    MainCoSlice202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Mar 2025 – Oct 2026)

    Every change to the expense ratio, newest first.
    7 changesRegularDirectΔ pt
    11 Sept 20262.15%0.78%0.01
    13 Aug 20262.16%0.77%0.21
    29 Apr 20261.95%0.56%0.09
    27 Feb 20261.89%0.47%0.08
    31 Aug 20251.87%0.39%0.01
    30 Jun 20251.86%0.38%0.02
    31 Mar 20251.88%0.40%–
    Direct plan, 11 Sept 2026
    0.78%
    Regular plan 2.15% · Exit load 0.5% within 30 days
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(9 Oct 2026)

    Objective

    The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended equity scheme investing across large cap, mid cap, small cap stocks.
    Benchmark
    Nifty 500 Multicap 50:25:25 TRI

    Asset allocation it may hold% of NAV

    1. Equity & Equity related instruments of Large Cap companies
      Allowed25–50%
    2. Equity & Equity related instruments of Mid Cap companies
      Allowed25–50%
    3. Equity & Equity related instruments of Small Cap companies
      Allowed25–50%
    4. Money market instruments, and other liquid instruments**, gold and/or silver instruments/ETF as permitted by SEBI
      Allowed0–25%
    5. Units of InvITs
      Allowed0–10%Holds0.0%
    6. ADR/GDR/Foreign securities/Overseas ETFs
      Allowed0–20%Holds0.0%

    Holds in Sept 2026.94.1% equity · 5.9% debt and cash

    How to invest(9 Oct 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    Most
    Not Applicable.
    Systematic
    SIP-- Monthly/Monthly/Quarterly/Quarterly/Weekly/Daily (Business Days) ;STP --Monthly/Quarterly/Weekly/Daily (Business Days) ;SWP --Monthly/Quarterly/Half-yearly/Yearly
    Dates
    SIP-- Any day/Any day/Any day/Any day/Monday-Friday/All Business Days ;STP --Any day/Any day/Monday-Friday/All Business Days ;SWP --Any day/Any day/Any day/Any day
    Minimum
    SIP-- 150.00/1,000.00/1,000.00/1,500.00/150.00/150.00 ;STP --500.00/500.00/500.00/500.00 ;SWP --500.00/500.00/500.00/500.00, then sIP-- 1.00/1.00/1.00/1.00/1.00/1.00 ;STP --1.00/1.00/1.00/1.00 ;SWP --1.00/1.00/1.00/1.00
    Instalments
    SIP-- 12 Instalments/6 instalments/6 instalments/4 instalments/12 instalments/12 instalments ;STP --500.00 to 999.00 - 12 instalments; 1,000.00 to 1,999.00 - 6 instalments; 2,000.00 and more - 3 instalments ;SWP --1.00/1.00/1.00/1.00
    Most
    SIP-- 999.00/Not Applicable/Not Applicable/Not Applicable/Not Applicable/Not Applicable ;STP --Not Applicable/Not Applicable/Not Applicable/Not Applicable ;SWP --Not Applicable/Not Applicable/Not Applicable/Not Applicable

    Selling and switching

    To redeem
    ₹500 or 50 units
    Minimum balance
    No mimimum balance required or No mimimum unit balance required units
    Switch minimum
    For all units there is no minimum switch amount. or For all units there is no minimum switch units. units
    Switch multiples
    Not Applicable. or Not Applicable. units
    Switch most
    Not Applicable. or Not Applicable. units

    Scheme details(9 Oct 2026)

    What it is

    Category
    Multi Cap Fund
    Offer
    16 Jan 2023 to 30 Jan 2023
    Started
    2 Feb 2023
    Reopened
    9 Feb 2023
    Plans
    TATA MULTICAP FUND -DIRECT PLAN · TATA MULTICAP FUND -DIRECT PLAN-IDCW REINVESTMENT · TATA MULTICAP FUND -DIRECT PLAN-IDCW PAYOUT · TATA MULTICAP FUND -REGULAR PLAN · TATA MULTICAP FUND -REGULAR PLAN-IDCW REINVESTMENT · TATA MULTICAP FUND -REGULAR PLAN-IDCW PAYOUT.
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    Yes
    Custodian
    Standard Chartered Bank
    Auditor
    S.R. Batliboi & CO. LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    TATA/O/E /MCF/22/10/0053