Tata Ethical Fund is a Thematic fund run by Tata Mutual Fund. On 30-09-2026, it managed ₹3,619 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 5.4% a year and its Regular plan returned 4.1% a year. Its benchmark, Nifty500 Shariah TRI, returned 7.1% a year over the same 3 years.
NAV (Direct plan)
₹403.18
▼ 0.06% · 30-10-2026
NAV (Regular plan)
₹347.64
▼ 0.07% · 30-10-2026
Expense ratio
0.84%Direct1.97%Regular
0.84%
A year
Riskometer
Very High
Set by the fund house
3 year return
5.4%Direct4.1%Regular
5.4%
A year
Tata Ethical Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹403.18 (down 0.06% that day); Regular Plan Growth ₹347.64 (down 0.07% that day).
This fund (Direct plan)
₹403.1795
Tata Ethical Fund Returns vs Nifty500 Shariah TRI
Returns as on 30-10-2026. 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)
+1.66%
−5.67%
−2.80%
−8.64%
+5.40%
+6.37%
+11.26%
This fund (Regular)
+1.56%
−5.96%
−3.38%
−9.74%
+4.11%
+5.07%
+9.98%
Nifty500 Shariah TRI
+0.23%
−5.85%
−2.61%
−6.97%
+7.10%
+6.11%
+12.06%
Thematic average
−2.09%
−4.52%
+0.86%
−1.22%
+13.76%
+11.62%
+13.76%
Best in Thematic
+11.54%
+11.27%
+22.16%
+75.71%
+54.78%
+21.14%
+19.31%
Worst in Thematic
−16.05%
−11.74%
−13.97%
−22.44%
−4.46%
+3.65%
+7.72%
Rank in Thematic
13/235
126/232
157/232
167/215
126/133
86/96
50/63
Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.
Tata Ethical Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty500 Shariah TRI
2026to date
−9.74%
−10.64%
−6.98%
2025
−0.09%
−1.33%
−2.84%
2024
+14.61%
+13.17%
+17.62%
2023
+28.27%
+26.74%
+24.99%
2022
−5.36%
−6.53%
−4.36%
2021
+46.56%
+44.91%
+39.90%
Tata Ethical 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 2,666 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−10%0%10%20%30%40%
Tata Ethical Fund (Direct)
Nifty500 Shariah TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Tata Ethical Fund (Direct)Nifty500 Shariah TRI
0%
0%
Below 0%
6%
3%
0-5%
25%
13%
5-10%
23%
34%
10-15%
20%
31%
15-20%
20%
16%
20-25%
6%
4%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,154
11.7%
−22.0%
85.8%
24%
12.0%
53%
2 years
2,912
13.0%
−10.4%
54.3%
7%
14.9%
46%
3 years
2,666
13.3%
−2.6%
32.6%
0%
15.0%
41%
5 years
2,173
14.8%
−0.7%
25.9%
0%
15.3%
41%
7 years
1,684
14.3%
8.8%
18.4%
0%
15.1%
30%
10 years
941
14.2%
10.6%
17.2%
0%
15.3%
13%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
11.7%
−29.5%
68.7%
25%
11.0%
53%
2 years
142
11.2%
−15.8%
49.4%
11%
12.8%
44%
3 years
130
12.6%
−9.7%
37.3%
5%
14.0%
36%
5 years
106
14.6%
−2.6%
26.3%
1%
15.6%
42%
7 years
82
15.5%
2.8%
22.4%
0%
15.7%
41%
10 years
46
14.5%
10.3%
18.7%
0%
14.8%
15%
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. "Beat benchmark" counts the periods in which the fund did better than Nifty500 Shariah TRI over the same days. Past returns do not promise future returns.
Tata Ethical Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Tata Ethical Fund (Direct)This fund
Nifty500 Shariah TRI
Return (CAGR)
−8.64%
−6.97%
Standard deviation
12.95%
13.59%
Sharpe ratio
-1.07
-0.90
Sortino ratio
-1.41
-1.19
Maximum drawdown
−15.2%
(31-03-2026)
−14.7%
(23-03-2026)
Beta
0.92
1.00
Alpha
−2.61%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. 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. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Ethical Fund (Direct)This fund
Nifty500 Shariah TRI
Return (CAGR)
+5.40%
+7.10%
Standard deviation
12.67%
13.78%
Sharpe ratio
-0.05
0.08
Sortino ratio
-0.07
0.11
Maximum drawdown
−21.8%
(31-03-2026)
−23.6%
(23-03-2026)
Beta
0.90
1.00
Alpha
−1.59%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. 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. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Ethical Fund (Direct)This fund
Nifty500 Shariah TRI
Return (CAGR)
+6.37%
+6.11%
Standard deviation
12.92%
13.85%
Sharpe ratio
0.04
0.02
Sortino ratio
0.06
0.03
Maximum drawdown
−21.8%
(31-03-2026)
−23.6%
(23-03-2026)
Beta
0.91
1.00
Alpha
+0.29%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. 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. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Ethical Fund (Direct)This fund
Nifty500 Shariah TRI
Return (CAGR)
+11.26%
+12.06%
Standard deviation
13.85%
14.80%
Sharpe ratio
0.42
0.45
Sortino ratio
0.57
0.61
Maximum drawdown
−29.5%
(23-03-2020)
−31.2%
(23-03-2020)
Beta
0.91
1.00
Alpha
−0.21%
0.00%
From daily NAVs, 28-10-2016 to 30-10-2026. 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. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Tata Ethical Fund (Direct)This fund
Nifty500 Shariah TRI
Return (CAGR)
+13.05%
+13.63%
Standard deviation
13.15%
14.46%
Sharpe ratio
0.53
0.52
Sortino ratio
0.73
0.71
Maximum drawdown
−29.5%
(23-03-2020)
−31.2%
(23-03-2020)
Beta
0.87
1.00
Alpha
+0.38%
0.00%
From daily NAVs, 02-01-2013 to 30-10-2026. 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. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
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.
−40%−30%−20%−10%0%
Tata Ethical Fund (Direct)
Nifty500 Shariah TRI
2014201620182020202220242026
Tata Ethical Fund (Direct)Nifty500 Shariah TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Tata Ethical Fund (Direct)
−29.5%
13-02-2020
23-03-2020
17-08-2020
5 months
−18.2%
Nifty500 Shariah TRI
−31.2%
08-01-2018
23-03-2020
31-07-2020
4 months
−18.0%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and Nifty500 Shariah TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Tata Ethical Fund vs Other Thematic Funds
The five Thematic funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Tata Ethical Fund Expense Ratio and Costs
What each plan charges a year, in force from 21-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Thematic median
Cost rank (1 = cheapest)
Direct
0.61%
0.04%
0.00%
0.19%
0.84%
1.18%
15/235
Regular
1.63%
0.04%
0.00%
0.30%
1.97%
2.41%
23/235
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. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
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
−9.74%
−8.64%
1.10%
₹90,260
₹91,360
3 years
4.11%
5.40%
1.29% a year
₹1,12,844
₹1,17,091
5 years
5.07%
6.37%
1.30% a year
₹1,28,054
₹1,36,175
10 years
9.98%
11.26%
1.28% a year
₹2,58,903
₹2,90,664
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 Ethical 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
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Direct planTata Ethical Fund (Direct)Regular planTata Ethical Fund (Regular)Nifty500 Shariah TRICategory averageCategory average, 235 Thematic fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Ethical Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
93.5%Equity
Asset
Fund
Category
Equity
93.5%
94.5%
Cash and others
6.5%
4.0%
Market cap of stocks
Market cap
Fund
Category
Large Cap
52.7%
45.7%
Mid Cap
27.2%
19.6%
Small Cap
13.6%
24.1%
Share of the whole fund. Category: the average of the Thematic funds that hold stocks. 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.
Tata Ethical Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
IT - Software25.7%
Auto Components12.0%
Pharmaceuticals & Biotechnology11.9%
Chemicals & Petrochemicals5.3%
Food Products3.9%
Consumer Durables3.9%
Industrial Products3.6%
Healthcare Services3.3%
Diversified FMCG3.0%
Electrical Equipment2.9%
The ten largest of 22 sectors. The other 12 add up to 17.9%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
IT - Software
26.9%
27.4%
25.7%
−1.2%
Auto Components
8.9%
9.2%
12.0%
+3.1%
Pharmaceuticals & Biotechnology
11.5%
11.4%
11.9%
+0.4%
Chemicals & Petrochemicals
5.8%
5.8%
5.3%
−0.5%
Food Products
4.2%
4.1%
3.9%
−0.3%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Tata Ethical Fund Portfolio Holdings
As on 30-09-2026 · 54 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
INFOSYS LTD
IT - Software
6.79%
0.0%
TATA CONSULTANCY SERVICES LTD
IT - Software
5.26%
0.0%
TECH MAHINDRA LTD
IT - Software
3.73%
0.0%
DR REDDYS LABORATORIES LTD
Pharmaceuticals & Biotechnology
3.37%
0.0%
HCL TECHNOLOGIES LTD
IT - Software
3.17%
0.0%
HINDUSTAN UNILEVER LTD
Diversified FMCG
2.95%
0.0%
BHARAT HEAVY ELECTRICALS LTD
Electrical Equipment
2.93%
0.0%
JINDAL STEEL LTD
Ferrous Metals
2.82%
0.0%
SRF LTD
Chemicals & Petrochemicals
2.49%
0.0%
ULTRATECH CEMENT LTD
Cement & Cement Products
2.49%
0.0%
CIPLA LTD
Pharmaceuticals & Biotechnology
2.36%
0.0%
SUN PHARMACEUTICAL INDUSTRIES LTD
Pharmaceuticals & Biotechnology
2.34%
0.0%
ALKEM LABORATORIES LTD
Pharmaceuticals & Biotechnology
2.14%
0.0%
FORTIS HEALTHCARE LTD
Healthcare Services
2.13%
0.0%
LTM LTD
IT - Software
2.12%
0.0%
EXIDE INDUSTRIES LTD
Auto Components
2.12%
0.0%
MPHASIS LTD
IT - Software
2.08%
0.0%
HINDALCO INDUSTRIES LTD
Non - Ferrous Metals
2.08%
0.0%
BRITANNIA INDUSTRIES LTD
Food Products
2.00%
0.0%
NESTLE INDIA LTD
Food Products
1.92%
0.0%
GUJARAT FLUOROCHEMICALS LTD
Chemicals & Petrochemicals
1.69%
0.0%
CROMPTON GREAVES CONSUMER ELECTRICALS LTD
Consumer Durables
1.66%
0.0%
CUMMINS INDIA LTD
Industrial Products
1.65%
0.0%
SWIGGY LTD
Retailing
1.65%
0.0%
PERSISTENT SYSTEMS LTD
IT - Software
1.63%
0.0%
IPCA LABORATORIES LTD
Pharmaceuticals & Biotechnology
1.54%
0.0%
SAMVARDHANA MOTHERSON INTERNATIONAL LTD
Auto Components
1.47%
0.0%
INDUS TOWERS LTD
Telecom - Services
1.34%
0.0%
CARBORUNDUM UNIVERSAL LTD
Industrial Products
1.34%
0.0%
ENDURANCE TECHNOLOGIES LTD
Auto Components
1.32%
0.0%
AMARA RAJA ENERGY & MOBILITY LTD
Auto Components
1.25%
New
MOTHERSON SUMI WIRING INDIA LTD
Auto Components
1.23%
+36.5%
SONA BLW PRECISION FORGINGS LTD
Auto Components
1.22%
New
TATA GOLD EXCHANGE TRADED FUND
CAPITAL MARKETS
1.19%
SYNGENE INTERNATIONAL LTD
Healthcare Services
1.19%
0.0%
COLGATE-PALMOLIVE INDIA LTD
Personal Products
1.15%
0.0%
ASIAN PAINTS LTD
Consumer Durables
1.14%
0.0%
TATA CHEMICALS LTD
Chemicals & Petrochemicals
1.10%
0.0%
BHARAT PETROLEUM CORPORATION LTD
Petroleum Products
1.09%
−50.0%
DIXON TECHNOLOGIES (INDIA) LTD
Consumer Durables
1.09%
0.0%
SUNDRAM FASTENERS LTD
Auto Components
0.98%
0.0%
UNO MINDA LTD
Auto Components
0.94%
0.0%
GUJARAT STATE FERTILIZERS &CHEM LTD
Fertilizers & Agrochemicals
0.93%
0.0%
BIRLASOFT LTD
IT - Software
0.90%
0.0%
GODREJ CONSUMER PRODUCTS LTD
Personal Products
0.90%
0.0%
MRF LTD
Auto Components
0.85%
0.0%
AVENUE SUPERMARTS LTD
Retailing
0.77%
0.0%
HYUNDAI MOTOR INDIA LTD
Automobiles
0.70%
0.0%
CYIENT LTD
IT - Services
0.69%
0.0%
TATA CONSUMER PRODUCTS LTD
Agricultural Food & other Products
0.68%
0.0%
SCHAEFFLER (I) LTD
Auto Components
0.66%
0.0%
3M INDIA LTD
Diversified
0.62%
0.0%
SUPREME INDUSTRIES LTD
Industrial Products
0.60%
0.0%
SANOFI INDIA LTD
Pharmaceuticals & Biotechnology
0.19%
0.0%
Tata Ethical Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
BHARAT PETROLEUM CORPORATION LTD
↓Reduced
−50.0%
1.09%
AMARA RAJA ENERGY & MOBILITY LTD
↑New
New
1.25%
MOTHERSON SUMI WIRING INDIA LTD
↑Added
+36.5%
1.23%
SONA BLW PRECISION FORGINGS LTD
↑New
New
1.22%
HAVELLS INDIA LTD
↓Sold out
−100%
was 1.07%
LINDE INDIA LTD
↓Sold out
−100%
was 0.61%
EMAMI LTD
↓Sold out
−100%
was 0.57%
CASTROL INDIA LTD
↓Sold out
−100%
was 0.56%
KPIT TECHNOLOGIES LTD
↓Sold out
−100%
was 0.48%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
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 Ethical Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.84%
Expense ratio (Regular)
1.97%
Category
Thematic
Risk
Very High
Benchmark
Nifty 500 Shariah TRI
Launch date
05-08-1996
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹3,618.53 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
119172
ISIN (Direct)
INF277K01NG4
Scheme code (Regular)
100415
ISIN (Regular)
INF277K01956
NAV history
From 02-01-2013, 13.8 years
Exit load
0.50% of NAV if redeemed/switched out on or before 90 days from the date of allotment
Tax on Tata Ethical Fund returns
Tata Ethical Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
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
₹403.1795
30-10-2026
direct
Payout IDCW
₹215.5737
30-10-2026
regular
Growth
₹347.6447
30-10-2026
regular
Payout IDCW
₹135.9754
30-10-2026
About Tata Ethical Fund
Tata Ethical Fund is a mutual fund from Tata Mutual Fund. Its category is Thematic. It was launched on 05-08-1996. Its benchmark is Nifty 500 Shariah TRI. At the end of September 2026 it held 54 securities.
Fund Manager
Abhinav Sharma
Fund manager of Tata Ethical Fund, since 06-09-2021
The Direct plan NAV is ₹403.1795. The Regular plan NAV is ₹347.6447, as on 30-10-2026.
What are the returns of Tata Ethical Fund?
The Direct plan returned −8.64% in 1 year, +5.40% a year over 3 years, +6.37% a year over 5 years. The Regular plan returned −9.74% in 1 year, +4.11% a year over 3 years, +5.07% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Tata Ethical Fund?
The Direct plan charges 0.84% a year. The Regular plan charges 1.97% a year. This is the figure the fund house reported to AMFI, in force from 21-10-2026.
What is the AUM of Tata Ethical Fund?
Tata Ethical Fund managed ₹3,618.53 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Tata Ethical Fund?
At the end of September 2026 the largest holdings were INFY (6.79%), TCS (5.26%), TECHM (3.73%), DRREDDY (3.37%), HCLTECH (3.17%). The fund held 54 securities in all.
What did Tata Ethical Fund buy and sell in September 2026?
It bought 2 new stocks: SONA BLW PRECISION FORGINGS LTD, AMARA RAJA ENERGY & MOBILITY LTD. It sold out of 5: KPIT TECHNOLOGIES LTD, CASTROL INDIA LTD, HAVELLS INDIA LTD, LINDE INDIA LTD, EMAMI LTD. It added shares in 1. It reduced 1.
How do I invest in Tata Ethical 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 Ethical Fund?
Abhinav Sharma (since 06-09-2021).
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.
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