Tata Equity Savings Fund

Equity SavingsDirect and Regular plans, Growth and IDCW options

Data as on 20-02-2026

Tata Equity Savings Fund is a mutual fund run by Tata Mutual Fund. On 31-01-2026, it managed ₹285 Cr of investors' money. In the 3 years to 20-02-2026, its Direct plan returned 10.6% a year and its Regular plan returned 9.8% a year. Its benchmark, NIFTY Equity Savings Index, returned 7.1% a year over the same 3 years.

This fund is closed. It has not published a NAV since 20-02-2026. The page shows its last portfolio.

NAV (Direct plan): ₹63.75; 20-02-2026
NAV (Regular plan): ₹56.36; 20-02-2026
Expense ratio: 0.60%Direct1.15%Regular; 0.60%; A year
Riskometer: Low to Moderate; Set by the fund house
3 year return: 10.6%Direct9.8%Regular; 10.6%; A year

Tata Equity Savings Fund NAV Today

NAV on 20-02-2026: Direct Plan Growth ₹63.75; Regular Plan Growth ₹56.36.

This fund (Direct plan)

₹63.7493

Tata Equity Savings Fund Returns vs NIFTY Equity Savings Index

Returns as on 20-02-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.39%	+0.03%	+2.15%	+7.54%	+10.58%	+8.92%	+9.11%
This fund (Regular)	+0.34%	−0.11%	+1.84%	+6.88%	+9.85%	+8.02%	+8.08%
NIFTY Equity Savings Index	−1.78%	−0.90%	+2.77%	+1.54%	+7.06%	+6.63%	--
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. The benchmark row is as on 30-09-2026, as NSE published it.

Tata Equity Savings Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−0.30%	−0.37%
2025	+7.28%	+6.62%
2024	+11.89%	+11.15%
2023	+13.39%	+12.53%
2022	+4.09%	+3.07%
2021	+12.19%	+10.83%

Tata Equity Savings Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,494 periods, one for each trading day from 08-01-2016 to 20-02-2026.

0%5%10%15%

Oct 2013
to
Oct 2016Jul 2015
to
Jul 2018Apr 2017
to
Apr 2020Dec 2018
to
Dec 2021Sept 2020
to
Sept 2023Apr 2022
to
Apr 2025

Tata Equity Savings Fund (Direct)

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	2,973	8.2%	−7.8%	30.5%	4%
2 years	2,737	9.0%	−1.0%	19.3%	0%
3 years	2,494	9.0%	0.9%	13.7%	0%
5 years	2,001	8.2%	2.9%	13.4%	0%
7 years	1,512	8.2%	5.6%	10.1%	0%
10 years	768	8.5%	7.7%	9.2%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	146	8.6%	−14.0%	24.8%	5%
2 years	134	8.4%	−4.4%	16.7%	1%
3 years	122	8.6%	−1.5%	13.6%	1%
5 years	98	8.8%	1.8%	12.1%	0%
7 years	74	8.5%	3.7%	10.9%	0%
10 years	38	9.2%	7.7%	9.7%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.

Tata Equity Savings Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Tata Equity Savings Fund (Direct)This fund
Return (CAGR)	+7.54%
Standard deviation	2.70%
Sharpe ratio	0.72
Sortino ratio	1.11
Maximum drawdown	−1.1% (23-01-2026)

From daily NAVs, 20-02-2025 to 20-02-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Tata Equity Savings Fund (Direct)This fund
Return (CAGR)	+10.58%
Standard deviation	3.54%
Sharpe ratio	1.19
Sortino ratio	1.65
Maximum drawdown	−2.5% (04-06-2024)

From daily NAVs, 20-02-2023 to 20-02-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Tata Equity Savings Fund (Direct)This fund
Return (CAGR)	+8.92%
Standard deviation	4.22%
Sharpe ratio	0.81
Sortino ratio	1.11
Maximum drawdown	−4.4% (17-06-2022)

From daily NAVs, 19-02-2021 to 20-02-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Tata Equity Savings Fund (Direct)This fund
Return (CAGR)	+9.11%
Standard deviation	5.04%
Sharpe ratio	0.72
Sortino ratio	0.98
Maximum drawdown	−13.8% (23-03-2020)

From daily NAVs, 19-02-2016 to 20-02-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Tata Equity Savings Fund (Direct)This fund
Return (CAGR)	+8.55%
Standard deviation	4.83%
Sharpe ratio	0.51
Sortino ratio	0.69
Maximum drawdown	−13.8% (23-03-2020)

From daily NAVs, 08-01-2013 to 20-02-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−15%−10%−5%0%

2014201620182020202220242026

Tata Equity Savings Fund (Direct)

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Tata Equity Savings Fund (Direct)	−13.8%	12-02-2020	23-03-2020	18-08-2020	5 months	−0.58%

From the Direct plan's daily NAV since 08-01-2013, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.

Tata Equity Savings Fund Expense Ratio and Costs

What each plan charges a year, in force from 18-02-2026

Plan	Base expense ratio	Total expense ratio
Direct	0.54%	0.60%
Regular	1.09%	1.15%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	6.88%	7.54%	0.66%	₹1,06,880	₹1,07,540
3 years	9.85%	10.58%	0.73% a year	₹1,32,556	₹1,35,217
5 years	8.02%	8.92%	0.90% a year	₹1,47,069	₹1,53,299
10 years	8.08%	9.11%	1.03% a year	₹2,17,497	₹2,39,136

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Tata Equity Savings Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 08-01-2013 to 20-02-2026: 158 instalments, ₹15,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planTata Equity Savings Fund (Direct)	₹15,80,000	₹28,93,208	₹13,13,208	8.8%
Regular planTata Equity Savings Fund (Regular)	₹15,80,000	₹26,98,233	₹11,18,233	7.8%

₹0₹10.0 L₹20.0 L₹30.0 L

2014201620182020202220242026

Direct planTata Equity Savings Fund (Direct)Regular planTata Equity Savings Fund (Regular)Amount invested

From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Tata Equity Savings Fund Asset Allocation

Asset allocation as on 31-01-2026

What the fund holds

69.7%Equity

Asset	Fund
Equity	69.7%
Cash and others	16.0%
Debt	14.3%

Market cap of stocks

Market cap	Fund
Large Cap	62.3%
Mid Cap	6.7%
Small Cap	0.7%
Not on AMFI's list	0.1%

Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund.

Rating	Fund
Sovereign	14.3%
Unrated	0.0%

Tata Equity Savings Fund Sector Allocation

Sector allocation of the fund's stocks as on 31-01-2026

Largest sectors

Banks24.5%
Telecom - Services5.9%
Construction4.5%
Power4.5%
Petroleum Products4.3%
Pharmaceuticals & Biotechnology4.0%
Automobiles3.8%
Transport Infrastructure3.8%
Cement & Cement Products3.4%
Insurance3.2%

The ten largest of 22 sectors. The other 12 add up to 7.9%.

Tata Equity Savings Fund Portfolio Holdings

As on 31-01-2026 · 45 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%
GOI - 7.10% (08/04/2034) · Government security	SOV	10.78%
HDFC BANK LTD.	Banks	7.10%
STATE BANK OF INDIA	Banks	6.10%
ICICI BANK LTD.	Banks	5.79%
BHARTI AIRTEL LTD.	Telecom - Services	5.79%
AXIS BANK LTD.	Banks	5.51%
LARSEN & TOUBRO LTD.	Construction	4.53%
RELIANCE INDUSTRIES LTD.	Petroleum Products	4.26%
NTPC Ltd.	Power	4.21%
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD.	Transport Infrastructure	3.79%
AUROBINDO PHARMA LTD.	Pharmaceuticals & Biotechnology	3.34%
SBI LIFE INSURANCE COMPANY LTD.	Insurance	3.21%
AMBUJA CEMENTS LTD.	Cement & Cement Products	3.09%
TATA MOTORS PASSENGER VEHICLES LTD.	Automobiles	3.09%
TATA MONEY MARKET FUND	CAPITAL MARKETS	2.91%
TATA SHORT TERM BOND FUND	CAPITAL MARKETS	2.02%
GOI - 7.38% (20/06/2027) · Government security	SOV	1.80%
GOI - 5.74% (15/11/2026) · Government security	SOV	1.76%
PERSISTENT SYSTEMS LTD.	IT - Software	1.26%
SHRIRAM FINANCE LTD.	Finance	0.78%
TVS MOTOR COMPANY LTD.	Automobiles	0.73%
BAJAJ FINSERV LTD.	Finance	0.70%
TATA CONSULTANCY SERVICES LTD.	IT - Software	0.60%
UNO MINDA LTD.	Auto Components	0.56%
CUMMINS INDIA LTD.	Industrial Products	0.51%
CENTRAL DEPOSITORY SERVICES (INDIA) LTD.	Capital Markets	0.44%
INTERGLOBE AVIATION LTD.	Transport Services	0.43%
HINDUSTAN UNILEVER LTD.	Diversified FMCG	0.42%
AJANTA PHARMA LTD.	Pharmaceuticals & Biotechnology	0.35%
SUN PHARMACEUTICAL INDUSTRIES LTD.	Pharmaceuticals & Biotechnology	0.33%
JINDAL STAINLESS LTD.	Ferrous Metals	0.30%
TITAN COMPANY LTD.	Consumer Durables	0.29%
ULTRATECH CEMENT LTD.	Cement & Cement Products	0.29%
PB FINTECH LTD.	Financial Technology (Fintech)	0.26%
REC LTD.	Finance	0.25%
POWER GRID CORPORATION OF INDIA LTD.	Power	0.24%
TITAGARH RAIL SYSTEMS LTD	Industrial Manufacturing	0.23%
DIXON TECHNOLOGIES (INDIA) LTD.	Consumer Durables	0.19%
SIEMENS LTD.	Electrical Equipment	0.18%
ITC LTD.	Diversified FMCG	0.18%
SIEMENS ENERGY INDIA LIMITED	Electrical Equipment	0.15%
TATA STEEL LTD.	Ferrous Metals	0.11%
BHARTI AIRTEL LTD. (RIGHT 14/10/2021) (PARTLY PAID)	Telecom - Services	0.07%
KWALITY WALLS INDIA LTD	Diversified FMCG	0.02%
TVS MOTOR COMPANY LTD. (PREFERENCE SHARE) EX DT - 25/08/2025	Automobiles	0.01%

Tata Equity Savings Fund Stocks Bought and Sold

January 2026 is the first month we hold for this fund, so there is no earlier month to compare it with.

What Tata Equity Savings Fund bought and sold

Tata Equity Savings Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Axis BSE Sensex ETFETF · Axis	43.2%	19	Compare
Axis BSE Sensex Index FundIndex · Axis	43.2%	19	Compare
HDFC BSE Sensex ETFETF · HDFC	43.2%	19	Compare
HDFC BSE Sensex Index FundIndex · HDFC	43.2%	19	Compare
Kotak BSE Sensex ETFETF · Kotak Mahindra	43.2%	19	Compare
Nippon India ETF BSE SensexETF · Nippon India	43.2%	19	Compare
Nippon India Index Fund - BSE Sensex PlanIndex · Nippon India	43.2%	19	Compare
SBI BSE Sensex ETFETF · SBI	43.2%	19	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Tata Equity Savings Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.60%
Expense ratio (Regular): 1.15%
Category: Equity Savings
Risk: Low to Moderate
Benchmark: NIFTY Equity Savings Index
Launch date: 05-05-1997
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹284.62 Cr (31-01-2026)
Lock in: None
Scheme code (Direct): 119960
ISIN (Direct): INF277K01QH5
Scheme code (Regular): 101906
ISIN (Regular): INF277K01907
NAV history: From 08-01-2013, 13.1 years

Exit load: Redemption / Switch out / SWP / STP before expiry of 7 days from the date of allotment - 0.25% of NAV; Redemption / Switch out / SWP / STP after expiry of 7 days from the date of allotment - NIL

Tax on Tata Equity Savings Fund returns

Tata Equity Savings Fund is taxed as an equity fund: 65% or more of it is in Indian stocks, counting its hedged positions.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹63.7493	20-02-2026
direct	Monthly Payout IDCW	₹21.6849	20-02-2026
direct	Periodic Payout Idcws	₹31.1493	20-02-2026
regular	Growth	₹56.3583	20-02-2026
regular	Periodic Payout IDCW	₹26.9991	20-02-2026
regular	Monthly Payout IDCW	₹17.5712	20-02-2026

About Tata Equity Savings Fund

Tata Equity Savings Fund is a mutual fund from Tata Mutual Fund. Its category is Equity Savings. It was launched on 05-05-1997. Its benchmark is NIFTY Equity Savings Index. At the end of January 2026 it held 45 securities.

Fund Manager

Murthy Nagarajan
Fund manager of Tata Equity Savings Fund, since 01-04-2017
Sailesh Jain
Fund manager of Tata Equity Savings Fund, since 09-11-2018
Tapan Patel
Fund manager of Tata Equity Savings Fund, since 11-08-2023

See all funds of Tata Mutual Fund

AUM change

January 2026: ₹284.62 Cr; First month on file

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Tata Equity Savings Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Tata Equity Savings vs Axis BSE Sensex ETF43.2% overlap
Tata Equity Savings vs Axis BSE Sensex Index43.2% overlap
Tata Equity Savings vs HDFC BSE Sensex ETF43.2% overlap
Tata Equity Savings vs HDFC BSE Sensex Index43.2% overlap
Tata Equity Savings vs Kotak BSE Sensex ETF43.2% overlap
Tata Equity Savings vs Nippon India ETF BSE Sensex43.2% overlap
Tata Equity Savings vs Nippon India Index Fund - BSE Sensex Plan43.2% overlap
Tata Equity Savings vs SBI BSE Sensex ETF43.2% overlap

Compare with any other fund

Frequently Asked Questions for Tata Equity Savings Fund

What is the current NAV of Tata Equity Savings Fund?

The Direct plan NAV is ₹63.7493. The Regular plan NAV is ₹56.3583, as on 20-02-2026.

What are the returns of Tata Equity Savings Fund?

The Direct plan returned +7.54% in 1 year, +10.58% a year over 3 years, +8.92% a year over 5 years. The Regular plan returned +6.88% in 1 year, +9.85% a year over 3 years, +8.02% a year over 5 years. These figures are as on 20-02-2026.

What is the expense ratio of Tata Equity Savings Fund?

The Direct plan charges 0.60% a year. The Regular plan charges 1.15% a year. This is the figure the fund house reported to AMFI, in force from 18-02-2026.

What is the AUM of Tata Equity Savings Fund?

Tata Equity Savings Fund managed ₹284.62 Cr on 31-01-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Tata Equity Savings Fund?

At the end of January 2026 the largest holdings were GOI - 7.10% (08/04/2034) (10.78%), HDFCBANK (7.10%), SBIN (6.10%), ICICIBANK (5.79%), BHARTIARTL (5.79%). The fund held 45 securities in all.

How do I invest in Tata Equity Savings Fund?

Through Tata Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of Tata Equity Savings Fund?

Murthy Nagarajan (since 01-04-2017), Sailesh Jain (since 09-11-2018), Tapan Patel (since 11-08-2023).

What is the exit load of Tata Equity Savings Fund?

Redemption / Switch out / SWP / STP before expiry of 7 days from the date of allotment - 0.25% of NAV; Redemption / Switch out / SWP / STP after expiry of 7 days from the date of allotment - NIL

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.