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

Updated: 10 Sept 2026 • 1:23 pm

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

Tata Large Cap Fund Direct Growth Plan has a NAV of ₹579.756 as of 09 Sep 2026 and a scheme AUM of ₹2,764 Cr. Its 1-year, 3-year and 5-year returns are 1.89%, 10.38% and 9.92%, and the fund sits in the High Risk category. Our view is that this is a large-cap portfolio for investors who can accept sharp short-term swings in exchange for steadier longer-term compounding than the recent one-year figure suggests.

The fund has stayed below its benchmark over 5 years, but the gap is less severe over 3 years, while the latest year looks weak. That mix, along with a concentrated top-holding profile and a 47-stock portfolio, points to a fund that may suit long-horizon investors who understand that large-cap portfolios can still move unevenly even when the underlying mandate is relatively broad.

Table of Contents

Quick facts

Particular	Details
NAV	₹579.756 as of 09 Sep 2026
AUM	₹2,764 Cr
Expense Ratio	0.97%
Launch Date	01 Jan 2013
Min SIP	₹100
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	0.50% on or before 30D, Nil after 30D
Fund Managers	Abhinav Sharma, Hasmukh Vishariya

The fund is managed by Abhinav Sharma and Hasmukh Vishariya.

Source data date: as of 09 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-3.77%	-4.69%
3M	2.98%	0.93%
1Y	1.89%	-7.16%
3Y	10.38%	6%
5Y	9.92%	5.87%

Over the latest month, the fund fell, but it still held up better than the benchmark. The three-month return was stronger than the index, which suggests the fund recovered through the quarter more effectively than the benchmark.

The one-year picture is more striking because the fund produced a positive return while the benchmark was negative. That tells us the fund has handled a difficult year for the benchmark better than the index itself, even though its own recent path has not been smooth.

The longer view is also constructive. The 3-year and 5-year returns both stay ahead of the benchmark, which means the fund has created more value than the index over those horizons. At the same time, the recent weakness in the 1-month figure shows that shorter stretches can still be volatile and can differ meaningfully from the longer trend.

Overall, the pattern is not one of steady monthly strength, but of better medium- and long-term compounding than the benchmark. For investors, that makes the fund more relevant as a patient large-cap allocation than as a short-term return story.

Source data date: as of 09 Sep 2026

Should you BUY or HOLD Tata Large Cap?

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 Large Cap Fund Direct Growth Plan	1.89%	10.38%	9.92%
Quant Large Cap Fund Direct Growth Plan	8.13%	13.11%	Data not available
Taurus Large Cap Fund Direct Growth Plan	6.99%	12.61%	10.27%
Bank of India Large Cap Fund Direct Growth Plan	6.82%	12.8%	9.84%
Invesco India Largecap Fund Direct Growth Plan	3.91%	13.77%	11.79%
ITI Large Cap Fund Direct Growth Plan	3.08%	11%	9.6%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

Tata Large Cap Fund Direct Growth Plan’s one-year return is softer than the stronger recent figures shown by several peer funds, especially Quant Large Cap Fund Direct Growth Plan, Taurus Large Cap Fund Direct Growth Plan and Bank of India Large Cap Fund Direct Growth Plan. The 3-year and 5-year numbers look more balanced, because the fund stays in line with the mid-pack of the peer set on those longer horizons and even edges some funds on the 5-year measure. The short-term comparison therefore looks weaker than the medium-term one, which makes the fund’s recent stretch less convincing than its longer record.

Source data date: as of 09 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
ICICI Bank Ltd	Bank	9.26%
HDFC Bank Ltd	Bank	5.57%
Bharti Airtel Ltd	Telecom	5.54%
Reliance Industries Ltd	Crude Oil	4.85%
Bajaj Finance Ltd	Finance	3.25%
State Bank of India	Bank	3.15%
Infosys Ltd	IT	3.11%
Kotak Mahindra Bank Ltd	Bank	3.03%
Samvardhana Motherson International Ltd	Automobile & Ancillaries	2.99%
Axis Bank Ltd	Bank	2.92%

The top 10 holdings account for approximately 43.67% of the portfolio.

To see all holdings, visit the Tata Large Cap Fund Direct Growth Plan page

The largest holding, ICICI Bank Ltd, sits at 9.26%, which is large enough to matter for the portfolio’s near-term movement. The drop from the first holding to the tenth is noticeable, but not extreme, so the fund does not look dominated by a single position alone.

Even so, the top 10 holdings together make up 43.67% of the portfolio, which suggests a meaningful share of assets is focused in a relatively small set of stocks. With 47 holdings disclosed in total, the rest of the portfolio appears spread across a longer tail, which may help diversify company-specific risk even if the leading names still carry greater influence.

That mix can be useful for investors who want large-cap exposure with clear conviction in the biggest names, but it also means the portfolio may not behave like a very evenly spread basket. In our view, the concentration is moderate rather than extreme.

Source data date: as of 09 Sep 2026

Who should invest

This fund is better aligned with investors who are comfortable with High Risk exposure and can stay invested through uneven short-term moves. The 1-year return is much weaker than the 3-year and 5-year record, so the fund fits a longer horizon better than a short trading mindset.

The benchmark comparison shows that the fund has done better than the Nifty 50 over 3 years and 5 years, but the recent one-year period has been less compelling. The main trade-off is that investors may accept volatility and occasional short-term weakness in exchange for a large-cap portfolio that has still delivered better medium-term compounding than the index.

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 units sold on or before 30 days; nil after 30 days.

Source data date: as of 09 Sep 2026

Frequently asked questions

What is the current NAV of Tata Large Cap Fund Direct Growth Plan?
The current NAV is ₹579.756 as of 09 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 1.89% for 1 year, 10.38% for 3 years and 9.92% for 5 years.

How does the fund compare with the Nifty 50?
It has beaten the benchmark over 3 years and 5 years, while also holding up better than the benchmark over 1 month, 3 months and 1 year.

How does it compare with peer funds on recent returns?
Its 1-year return is lower than several peers, but its 3-year and 5-year figures are more balanced and stay competitive with the peer group on the longer horizon.

Is there a minimum SIP amount?
No minimum SIP amount is listed here, so we are not stating one.

Who manages the fund and what is the exit load?
The fund is managed by Abhinav Sharma and Hasmukh Vishariya. The exit load is 0.50% on units sold on or before 30 days and nil after 30 days.

Bottom line

Tata Large Cap Fund Direct Growth Plan looks uneven in the short run but more constructive over longer holding periods. The recent 1-year result is much softer than its 3-year and 5-year record, and the benchmark comparison points to better medium-term outcomes than the Nifty 50. Against peers, the recent year is less competitive, but the longer-horizon numbers remain usable. The portfolio is anchored by large bank and blue-chip positions, which may help stability, though the top holdings still carry meaningful influence.

Published on 10 September 2026 at 1:21 PM IST

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.