Tata Resources & Energy Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 21, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Tata Resources & Energy Fund Direct Growth Plan has a NAV of ₹57.9772 as of 18 Sep 2026 and a scheme AUM of ₹1,409 Cr. Its 1-year, 3-year and 5-year returns are 7.76%, 15.32% and 12.8% respectively. The fund sits in the High Risk category, so our view is that it fits investors who can handle sharp swings in a theme-led equity fund and are comfortable with a longer holding period.
What stands out is that the fund has stayed ahead of the benchmark over 3 years and 5 years, while the most recent 1-year return is much more modest. That mix suggests a cyclical profile rather than a smooth one, with portfolio exposure that can help in strong resource and energy phases but may lag when the theme cools.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹57.9772 as of 18 Sep 2026 |
| AUM | ₹1,409 Cr |
| Expense Ratio | 0.53% |
| Launch Date | 28 Dec 2015 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 0.25% on or before 30D |
| Fund Managers | Satish Chandra Mishra |
The fund is managed by Satish Chandra Mishra.
Source data date: as of 18 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -1.21% | -3.73% |
| 3M | -1.25% | -3.14% |
| 1Y | 7.76% | -5.31% |
| 3Y | 15.32% | 6.3% |
| 5Y | 12.8% | 5.79% |
The shorter windows have been softer than the longer ones, but the fund still held up better than the benchmark over both 1 month and 3 months. Over the past year, the fund posted a positive return while the benchmark was negative, which tells us the strategy has been able to add value in a difficult backdrop for the index.
The 3-year and 5-year numbers matter more for a fund like this, because theme exposure can move through long phases of outperformance and restraint. On those longer windows, the fund is clearly ahead of the benchmark, which supports the case that the underlying portfolio has rewarded patience even if the path was uneven.
The recent pattern is less smooth than the longer record. The 1-month and 3-month figures show mild short-term weakness, but they do not erase the stronger 3-year and 5-year compounding trend. For investors, that usually means the fund can participate in upside, but the journey is unlikely to be steady from month to month.
Source data date: as of 18 Sep 2026
Should you BUY or HOLD Tata Resources & Energy?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Tata Resources & Energy? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Tata Resources & Energy Fund Direct Growth Plan | 7.76% | 15.32% | 12.8% |
| ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan | 65.43% | 35.11% | Data not available |
| HDFC Pharma and Healthcare Fund Direct Growth Plan | 27.29% | Data not available | Data not available |
| Kotak Healthcare Fund Direct Growth Plan | 27.27% | Data not available | Data not available |
| Motilal Oswal Active Momentum Fund Direct Growth Plan | 25.8% | Data not available | Data not available |
| PGIM India Healthcare Fund Direct Growth Plan | 24.4% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The fund’s 1-year return trails several peers in the table, especially the strongest themed and sector funds, but its longer record is still constructive. On the available 3-year data, it remains ahead of the comparable peer shown there, which means the short-term picture and the multi-year picture are not telling the same story.
Source data date: as of 18 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Ultratech Cement Ltd | Construction Materials | 5.69% |
| Vedanta Aluminium Metal Ltd | Non – Ferrous Metals | 5.25% |
| Adani Energy Solutions Ltd | Power | 4.91% |
| Tata Steel Ltd | Iron & Steel | 4.32% |
| Ambuja Cements Ltd | Construction Materials | 3.99% |
| Reliance Industries Ltd | Crude Oil | 3.81% |
| Oil & Natural Gas Co. | Crude Oil | 3.62% |
| Adani Power Ltd | Power | 3.51% |
| Bharat Petroleum Corporation Ltd | Crude Oil | 3.45% |
| NTPC Ltd | Power | 3.25% |
The top 10 holdings account for approximately 41.8% of the portfolio.
To see all holdings, visit the Tata Resources & Energy Fund Direct Growth Plan page
The largest holding, Ultratech Cement Ltd, is 5.69%, so no single position dominates the book on its own. The drop from the first holding to the tenth is fairly measured, with the top positions still carrying more weight than the names lower down the list, but not in a way that suggests extreme concentration in one stock.
The mix also looks diversified across construction materials, power, crude oil, metals and steel, which may help spread stock-specific risk. At the same time, the top 10 holdings together make up 41.8% of a 46-holding portfolio, so the fund likely still depends on a meaningful number of smaller positions for its overall outcome.
That structure suggests a portfolio that is focused enough to express a theme, yet broad enough to avoid relying on only a handful of names. For investors, the key point is that returns may be driven by both the theme and the individual holdings inside it, rather than by one oversized position alone.
Source data date: as of 18 Sep 2026
Who should invest
This fund suits investors with a high tolerance for volatility and a patience level that matches a theme-driven equity strategy. The 1-year result is positive but modest, while the 3-year and 5-year record is stronger, so the natural fit is someone who can stay invested through uneven stretches rather than someone looking for a steady path.
The benchmark comparison also matters: the fund has outpaced the index over 3 years and 5 years, but recent short-term returns have been softer than the longer trend. That makes the main trade-off clear: you may get exposure to a resource-and-energy style portfolio that can outperform over time, but the ride can be choppy and periods of weaker momentum are possible.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load
0.25% applies if units are sold on or before 30 days. There is no exit load after that holding period.
Source data date: as of 18 Sep 2026
Frequently asked questions
What is the current NAV of Tata Resources & Energy Fund Direct Growth Plan?
The current NAV is ₹57.9772 as of 18 Sep 2026.
What are the 1-year, 3-year and 5-year returns?
The fund’s 1-year return is 7.76%, the 3-year return is 15.32% and the 5-year return is 12.8%.
How does the fund compare with the benchmark?
It has outperformed the benchmark over 1 year, 3 years and 5 years. The gap is widest over 3 years, where the fund’s return is 15.32% versus 6.3% for the benchmark.
How does it compare with peer funds on available return data?
Its 1-year return is below the stronger peer returns shown, but its available 3-year return is ahead of the peer with 3-year data in the table. The 5-year field is also stronger than the peers where that figure is unavailable.
What is the minimum SIP?
The minimum SIP is ₹100.
What is the risk level, and who manages the fund?
The fund is in the High Risk category and is managed by Satish Chandra Mishra. It is built for investors who can stay with a volatile equity theme through changing market phases.
Bottom line
This fund’s recent returns are softer than its longer-run record, but the 3-year and 5-year figures still show a stronger compounding pattern than the benchmark. Compared with peers on the available numbers, the short-term picture is less compelling, while the longer-term profile remains more constructive. The portfolio is spread across 46 holdings, yet the top positions still account for a meaningful share, which supports a theme-led approach without relying on one dominant stock. Overall, it looks best suited to investors who can accept high volatility in exchange for multi-year upside potential.
Published on 21 September 2026 at 12:14 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.