Tata Aggressive Hybrid Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Tata Aggressive Hybrid Fund Direct Growth Plan has a NAV of ₹493.6915 as of 09 Sep 2026 and an AUM of ₹4,069 Cr. Its 1-year, 3-year and 5-year returns are 1.79%, 8.3% and 8.65%, and the fund sits in the High Risk category.

Our view is that this fund fits investors who can tolerate meaningful equity-led swings and want a hybrid allocation that still carries a sizable share of large-cap and financial exposure. The longer-term return pattern is steadier than the recent 1-year outcome, but the short-term run has been softer than the benchmark.

Quick facts

Particular	Details
NAV	₹493.6915 as of 09 Sep 2026
AUM	₹4,069 Cr
Expense Ratio	0.98%
Launch Date	01 Jan 2013
Min SIP	₹100
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Hybrid
Exit Load	0.50% on or before 30D, Nil after 30D
Fund Managers	Satish Chandra Mishra, Murthy Nagarajan, Amit Somani

The fund is managed by Satish Chandra Mishra, Murthy Nagarajan and Amit Somani.

Source data date: as of 09 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-2.64%	-4.69%
3M	2.85%	0.93%
1Y	1.79%	-7.16%
3Y	8.3%	6%
5Y	8.65%	5.87%

The latest short-term picture is mixed. Over one month, the fund fell less than the benchmark, which shows some cushioning in a weak market. Over three months, it held up better than the benchmark and also stayed positive, which suggests the recent path was more resilient than the index path.

The 1-year figure is more important for the current read-through. The fund is positive over one year while the benchmark is negative, so it has clearly handled the past year better than the index. That said, the 1-year return is still modest, so the recent recovery has not been especially strong in absolute terms.

Longer-term numbers look more settled. The 3-year and 5-year returns are both above the benchmark, and the gap is wider at five years. Our view is that this points to a fund that has generally compounded better than the index over fuller market cycles, even if the latest year has been softer than its longer track record.

The pattern also matters. The return path shows periods of drawdown and recovery rather than a smooth climb, which is consistent with a hybrid strategy carrying equity risk. For investors, that means the fund may be better understood as a medium-to-long horizon holding rather than a stability-first option.

Source data date: as of 09 Sep 2026

Should you BUY or HOLD Tata Aggressive Hybrid?

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Tata Aggressive Hybrid Fund Direct Growth Plan	1.79%	8.3%	8.65%
Bank of India Aggressive Hybrid Fund Direct Growth Plan	16.72%	17.24%	15.03%
HSBC Multi Asset Active FOF Direct Growth Plan	16.2%	15.61%	12.48%
Quant Aggressive Hybrid Fund Direct Growth Plan	11.83%	13%	13.19%
Navi Aggressive Hybrid Fund Direct Growth Plan	10.06%	12%	11.52%
HSBC Aggressive Hybrid Active FOF Direct Growth Plan	9.69%	12.74%	11.11%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the latest one-year numbers, this fund trails every peer listed here by a wide margin. The gap narrows on the longer view, but the 3-year and 5-year figures are still below several peer returns, so the comparison remains challenging on available numbers.

At the same time, the shorter and longer horizons do not tell the same story. The fund has done better versus the benchmark than versus peers, which suggests its relative strength is more visible against the index than against other aggressive hybrid and multi-asset strategies. That is useful context for readers who want a benchmark-aware view without treating the peer set as a simple shortcut to judgement.

Source data date: as of 09 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
I) Repo	Cash & Cash Equivalents and Net Assets	5.9%
ICICI Bank Ltd	Bank	4.65%
Bharti Airtel Ltd	Telecom	3.56%
HDFC Bank Ltd	Bank	2.96%
GOI – 6.94% (11/05/2036)	Government Securities	2.82%
Reliance Industries Ltd	Crude Oil	2.51%
Coforge Ltd	IT	2.44%
Axis Bank Ltd	Bank	2.24%
Mahindra & Mahindra Ltd	Automobile & Ancillaries	2.1%
Britannia Industries Ltd	FMCG	1.88%

The largest disclosed holding is I) Repo at 5.9%, so a noticeable part of the portfolio appears to be kept in cash and cash equivalents. The next holdings are still meaningful, but the drop from the first holding to the tenth, Britannia Industries Ltd at 1.88%, is fairly clear, which suggests no single stock dominates the visible list.

The top ten holdings together account for approximately 31.06% of the portfolio, while the total disclosed holding count is 70. That combination points to a portfolio that is not concentrated in just a handful of positions, even though the largest names may still have greater influence on near-term movement. The mix of banks, telecom, IT, consumer, government securities and repo may also help spread exposure across different return drivers.

Because only the top holdings are shown, we would treat the remaining positions as a longer tail rather than assume any specific balance beyond what is visible. The structure may support a hybrid profile where equity bets and defensive allocations coexist, but the exact effect will depend on how the undisclosed holdings are distributed.

To see all holdings, visit the Tata Aggressive Hybrid Fund Direct Growth Plan page

Source data date: as of 09 Sep 2026

Who should invest

This fund suits investors who are comfortable with High Risk and can hold through periods when short-term returns lag or fluctuate. The 1-year result is muted, but the 3-year and 5-year figures are steadier and sit ahead of the benchmark, which makes a longer horizon more relevant than a short trading-style view.

The main trade-off is clear: you get a hybrid structure with a meaningful equity tilt and some defensive support, but you still need to accept market swings. Investors who want better-than-cash potential over multiple years, and who can tolerate interim volatility, are the more natural fit. The fund is less suited to anyone who needs very smooth short-run outcomes.

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: 0.50% on or before 30D, Nil after 30D.

Source data date: as of 09 Sep 2026

Frequently asked questions

What is the current NAV of Tata Aggressive Hybrid Fund Direct Growth Plan?
The current NAV is ₹493.6915 as of 09 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The returns are 1.79% over 1 year, 8.3% over 3 years and 8.65% over 5 years.

How has the fund done versus the benchmark?
It has outperformed the benchmark over 1 year, 3 years and 5 years. The benchmark’s 1-year return is negative, while the fund remains positive.

How does it compare with peer funds on available returns?
Its 1-year, 3-year and 5-year returns are below several peer figures in the comparison table. The short-term gap is wider than the longer-term gap.

What is the minimum SIP amount?
The minimum SIP amount is ₹100.

Who manages the fund and what is the exit load?
The fund is managed by Satish Chandra Mishra, Murthy Nagarajan and Amit Somani. The exit load is 0.50% on or before 30D and nil after 30D.

Bottom line

Tata Aggressive Hybrid Fund Direct Growth Plan shows a softer recent year than its longer-run record, even though it has stayed ahead of the benchmark across the 1-year, 3-year and 5-year windows. The peer comparison is less flattering on the same return measures, but the fund still has a clearly higher-risk hybrid profile rather than a defensive one. Its top holdings include repo and a spread of large-cap names, which may help diversify the ride. It is most relevant for investors who can accept volatility in exchange for multi-year compounding potential.

Published on 10 September 2026 at 1:06 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.