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

Updated: 10 Sept 2026 • 1:09 pm

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

Tata Value Fund Direct Growth Plan had a NAV of ₹398.2251 as of 09 Sep 2026 and an AUM of ₹8,655 Cr. Its 1-year, 3-year and 5-year returns are 4.39%, 12.94% and 13.88%, and the fund sits in the High Risk category. Our view is that this is a value-oriented equity fund with a long enough track record to judge through different market phases, but the recent return profile has been much softer than the longer-term pace.

The portfolio is anchored by financials and cyclicals, with a meaningful cash buffer in the top holdings list. That mix can help explain why the fund has participated unevenly across market cycles. It may suit investors who can accept higher swings and are looking for a fund whose longer-horizon compounding has been stronger than its near-term run.

Table of Contents

Quick facts

Particular	Details
NAV	₹398.2251 as of 09 Sep 2026
AUM	₹8,655 Cr
Expense Ratio	0.81%
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	Sonam Udasi

The fund is managed by Sonam Udasi.

Source data date: as of 09 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-1.38%	-4.69%
3M	5.84%	0.93%
1Y	4.39%	-7.16%
3Y	12.94%	6%
5Y	13.88%	5.87%

The recent return pattern is mixed, but it is not weak across every window. Over one month, the fund fell less than the benchmark, which points to a relatively better short-term outcome even in a negative period. Over three months, it moved ahead of the benchmark more clearly, and that tells us the fund has been able to recover better than the index in the latest stretch.

The one-year number is more important for context because it captures a full market cycle. Here, the fund is positive while the benchmark is negative, so the gap is meaningful. That said, the one-year return is still well below the 3-year and 5-year levels, which means the last year has been a softer phase than the fund’s longer compounding path.

Across three and five years, the fund has stayed ahead of the benchmark by a wide margin. The 5-year return of 13.88% versus 5.87% for the benchmark shows that its value style has added more over a full holding period than the benchmark has. The 3-year figure points in the same direction, so the longer trend remains intact even though the latest year is less impressive than the multi-year record.

Overall, we read the pattern as one of long-run strength with uneven short-run participation. The fund has not moved in a straight line, but the longer-horizon numbers still support a case for patient investors who can tolerate periods when the recent trend looks less encouraging than the full-cycle record.

Source data date: as of 09 Sep 2026

Should you BUY or HOLD Tata Value?

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 Value? Thinking of investing now?

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Peer comparison

Fund	1Y return	3Y return	5Y return
Tata Value Fund Direct Growth Plan	4.39%	12.94%	13.88%
Quant Value Fund Direct Growth Plan	22.09%	20.52%	Data not available
LIC MF Value Fund Direct Growth Plan	22.04%	17.1%	14.06%
Aditya Birla SL Value Fund Direct Growth Plan	16.16%	14.7%	15%
Mahindra Manulife Value Fund Direct Growth Plan	13.96%	Data not available	Data not available
Axis Value Fund Direct Growth Plan	10.68%	18.03%	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 peer funds that have delivered much stronger recent gains, so the short-term picture is less compelling than the best recent peer outcomes. At the same time, its 3-year and 5-year returns are respectable and sit above some available peer figures, which tells us the longer-run case is better than the recent one-year comparison alone suggests.

The contrast matters. Some peers have outpaced it sharply over 1 year, but not every peer row has complete longer-term numbers, so the multi-year comparison is best read as directional rather than exhaustive. Even so, the fund’s longer track record still looks more balanced than its recent year, and that makes the peer story more nuanced than a simple one-window comparison.

Source data date: as of 09 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
ICICI Bank Ltd	Bank	9.37%
Shriram Finance Ltd	Finance	6.46%
Motilal Oswal Financial Service Ltd	Finance	5.3%
Cash / Net Current Asset	Cash & Cash Equivalents and Net Assets	5.19%
Coal India Ltd	Mining	4.87%
Muthoot Finance Ltd	Finance	4.46%
Indus Towers Ltd	Telecom	4.41%
Kotak Mahindra Bank Ltd	Bank	4.23%
Bharat Petroleum Corporation Ltd	Crude Oil	4.11%
Hero Motocorp Ltd	Automobile & Ancillaries	3.6%

The largest holding, ICICI Bank Ltd, carries a 9.37% weight, so no single stock dominates the portfolio on its own. The decline from the first holding to the tenth is moderate rather than steep, which suggests the exposure is spread across several ideas instead of being concentrated in one or two very large bets.

The top 10 holdings together account for approximately 52% of the portfolio, while 37 holdings are disclosed in total. That combination points to a structure that is fairly diversified at the top level, but still leaves enough room for the leading positions to matter. The financials tilt is visible through the bank and finance names in the list, and that may make the fund more sensitive to the fortunes of that segment.

Because the table shows only the largest holdings, the remaining tail can still influence outcomes, but the disclosed top positions already carry enough weight to shape the fund’s behaviour. In our view, the mix of a single mid-sized leader, several finance names and a cash sleeve may help moderate sharp one-stock dependence while still keeping the portfolio tilted toward value opportunities.

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

Source data date: as of 09 Sep 2026

Who should invest

This fund fits investors who are comfortable with High Risk equity exposure and can stay invested through periods when returns look uneven in the short run. The 3-year and 5-year numbers show that the longer holding period has been more rewarding than the latest 1-year stretch, so the fund is better suited to patient investors than to those who need steady quarter-to-quarter smoothness.

The main trade-off is that the fund’s value style and concentrated leading positions can help over longer horizons, but they may also produce stretches of underperformance versus the benchmark or faster-moving peers. Investors who want a fund with a clearer long-term compounding record than recent momentum, and who are comfortable with the swings that come with that profile, may find the structure relevant.

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 Value Fund Direct Growth Plan?

The current NAV is ₹398.2251 as of 09 Sep 2026.

How has Tata Value Fund Direct Growth Plan performed over 1, 3 and 5 years?

Its returns are 4.39% over 1 year, 12.94% over 3 years and 13.88% over 5 years. The longer numbers are clearly stronger than the latest 1-year result.

How does the fund compare with the benchmark?

It has outperformed the benchmark across the 1M, 3M, 1Y, 3Y and 5Y windows shown here. The widest gap is in the longer periods, which supports the fund’s multi-year case.

How does it compare with the peer funds listed here?

Its 1-year return trails the strongest recent peer numbers, while its 3-year and 5-year results remain competitive against the peers with available longer-term figures. The short-term and longer-term stories are therefore different.

Is there a minimum SIP for this fund?

Yes. The minimum SIP amount is ₹100.

Who manages the fund and what is the exit load?

The fund is managed by Sonam Udasi. The exit load is 0.50% on or before 30D, and Nil after 30D.

Bottom line

Tata Value Fund Direct Growth Plan looks stronger over multi-year periods than over the latest year, so the recent picture is softer than the longer-term record. Compared with the benchmark, the fund has held its edge across the periods shown, but several peers have posted much stronger recent 1-year returns. The portfolio is led by financials and includes a cash component among the top holdings, which may help explain its value-oriented profile. Overall, it is most relevant for investors who can accept High Risk equity swings and are willing to wait for the longer compounding pattern to matter.

Published on 10 September 2026 at 1:09 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.