Tata Mid Cap Fund
Mid CapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹449.91-0.32%1 day
- Return since launch
- 13.1%
- 52-week range
- ₹396.87 — ₹472.78
- AUM
- ₹6,240 Cr
Tata Mid Cap Fund is a Mid Cap equity fund from Tata Mutual Fund with ₹6,240 Cr under management, launched in 1994. Over three years it has returned 6.9% a year, against 15.6% for its category. The expense ratio is 2.04% and the SEBI riskometer reading is Very High.
Performance
Tata Mid Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.3% against +7.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.7% | −5.4 pts | 8.1% | 5.9% |
| 2Y | 4.9% | −2.2 pts | 7.1% | 6.2% |
| 3Y | 6.9% | −8.8 pts | 15.6% | 8.4% |
| 5Y | 13.5% | −0.6 pts | 14.1% | 14.0% |
| 7Y | 17.0% | −1.3 pts | 18.3% | 17.3% |
| 10Y | 16.2% | +1.1 pts | 15.1% | 15.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.7% | −0.7 pts | -4.0% | -4.3% |
| 3M | -0.2% | −0.8 pts | 0.6% | 0.1% |
| 6M | 10.6% | −4.7 pts | 15.3% | 13.8% |
| 1Y | 6.4% | −1.8 pts | 8.1% | 7.0% |
| 2Y | -1.0% | −1.8 pts | 0.8% | 0.3% |
| 3Y | 13.4% | −2.3 pts | 15.6% | 14.4% |
| 5Y | 13.5% | −0.6 pts | 14.1% | 13.3% |
| 7Y | 18.2% | −1.3 pts | 19.6% | 18.1% |
| 10Y | 14.9% | −0.1 pts | 15.1% | 13.8% |
Since launch (15 Jun 1994): 13.1%
Calendar-year returns
Category average24.3%
40.0%
0.6%
40.5%
22.5%
5.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.8% | +2.8 pts | 3.1% |
| 2024 | 22.5% | −7.8 pts | 30.3% |
| 2023 | 40.5% | +1.9 pts | 38.7% |
| 2022 | 0.6% | −3.1 pts | 3.8% |
| 2021 | 40.0% | −5.8 pts | 45.8% |
| 2020 | 24.3% | −1.3 pts | 25.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.03%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.56%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.41%
- Exit load
- Exit load of 0.50%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Midcap 150 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.63 | 5.13 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.90 | 0.99 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.61 | 0.91 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.77 | 1.17 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.27 | 18.53 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Tata Mid Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.8%
- Other1.2%
Market cap split
- Large18.5%
- Mid74.8%
- Small6.7%
- P/E
- 37.24
- P/B
- 4.35
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bharat Heavy Electricals Ltd. | Capital Goods | 3.20% | ₹200 Cr | +2.99% | +1.02% | +0.63% |
| Indusind Bank Ltd. | Financial | 3.10% | ₹193 Cr | +2.71% | +2.61% | — |
| Mankind Pharma Ltd. | Healthcare | 3.10% | ₹194 Cr | +3.32% | +2.97% | — |
| Max Financial Services Ltd. | Financial | 3.03% | ₹189 Cr | +2.77% | +2.47% | +3.56% |
| One97 Communications Ltd. | Services | 3.03% | ₹189 Cr | +2.15% | +2.19% | — |
| The Federal Bank Ltd. | Financial | 2.86% | ₹178 Cr | +3.02% | +3.27% | +1.74% |
| L&T Finance Ltd. | Financial | 2.83% | ₹177 Cr | +2.00% | +2.06% | +1.76% |
| Multi Commodity Exchange Of India Ltd. | Services | 2.72% | ₹170 Cr | +0.90% | — | — |
| AU Small Finance Bank Ltd. | Financial | 2.61% | ₹163 Cr | +2.58% | +2.61% | +2.47% |
| Bharti Hexacom Ltd. | Communication | 2.53% | ₹158 Cr | +1.83% | +1.83% | +2.25% |
| Marico Ltd. | Consumer Staples | 2.50% | ₹156 Cr | +2.51% | +2.15% | — |
| Max Healthcare Institute Ltd. | Healthcare | 2.50% | ₹156 Cr | +1.26% | +1.49% | +1.75% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 2.38% | ₹149 Cr | +2.38% | +2.33% | +1.56% |
| Indus Towers Ltd. | Communication | 2.18% | ₹136 Cr | +2.39% | +2.07% | +1.05% |
| Abbott India Ltd. | Healthcare | 2.07% | ₹129 Cr | +1.53% | — | — |
| UNO Minda Ltd. | Automobile | 2.05% | ₹128 Cr | +1.92% | +2.16% | +2.59% |
| Mphasis Ltd. | Technology | 1.95% | ₹122 Cr | +1.99% | +1.63% | +1.99% |
| JK Cement Ltd. | Materials | 1.94% | ₹121 Cr | +1.56% | +1.64% | +2.25% |
| Gujarat Fluorochemicals Ltd. | Chemicals | 1.88% | ₹117 Cr | — | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.87% | ₹117 Cr | +1.17% | — | — |
| Bharat Forge Ltd. | Automobile | 1.86% | ₹116 Cr | +1.88% | +1.91% | +1.23% |
| PB Fintech Ltd. | Services | 1.80% | ₹113 Cr | +1.04% | — | — |
| Persistent Systems Ltd. | Technology | 1.79% | ₹112 Cr | +1.09% | +1.03% | +1.29% |
| Indian Bank | Financial | 1.65% | ₹103 Cr | +2.67% | +3.30% | +2.44% |
| BSE Ltd. | Services | 1.58% | ₹98.46 Cr | +2.84% | +0.98% | — |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 1.53% | ₹95.60 Cr | — | — | — |
| JSW Infrastructure Ltd. | Services | 1.53% | ₹95.20 Cr | +1.34% | +1.30% | +1.68% |
| Oberoi Realty Ltd. | Construction | 1.50% | ₹93.40 Cr | +1.49% | +1.38% | +1.63% |
| Premier Energies Ltd. | Energy | 1.47% | ₹91.79 Cr | +1.64% | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.44% | ₹89.99 Cr | +1.22% | — | — |
| Jubilant FoodWorks Ltd. | Services | 1.43% | ₹89.28 Cr | +1.34% | +1.70% | +2.28% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.38% | ₹86.43 Cr | +1.45% | +0.33% | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 1.38% | ₹86.00 Cr | +1.45% | +1.56% | +1.61% |
| UPL Ltd. | Chemicals | 1.35% | ₹84.34 Cr | +1.69% | +2.66% | +2.46% |
| company:1308 | Materials | 1.33% | ₹83.06 Cr | — | — | — |
| Hero Motocorp Ltd. | Automobile | 1.31% | ₹81.75 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 1.29% | ₹80.20 Cr | +1.49% | — | — |
| The Phoenix Mills Ltd. | Construction | 1.22% | ₹76.00 Cr | +1.24% | +0.90% | +0.91% |
| Others | Others | 1.19% | ₹73.52 Cr | +3.74% | +5.18% | +4.56% |
| Bosch Ltd. | Automobile | 1.19% | ₹73.95 Cr | +0.95% | +0.98% | +1.19% |
| Voltas Ltd. | Consumer Discretionary | 1.15% | ₹71.66 Cr | +1.30% | +1.70% | +1.11% |
| Ashok Leyland Ltd. | Automobile | 1.13% | ₹70.26 Cr | +1.08% | +1.53% | +1.03% |
| Solar Industries India Ltd. | Chemicals | 1.13% | ₹70.38 Cr | — | — | — |
| HDB Financial Services Ltd. | Financial | 1.12% | ₹70.11 Cr | +1.19% | +1.32% | — |
| GE Vernova T&D India Ltd | Capital Goods | 1.07% | ₹66.68 Cr | — | — | — |
| Bharat Electronics Ltd. | Capital Goods | 1.06% | ₹66.31 Cr | +1.15% | +1.29% | +1.20% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.05% | ₹65.61 Cr | +1.05% | +1.41% | +1.53% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.05% | ₹65.84 Cr | +1.24% | +1.43% | +1.37% |
| IDFC First Bank Ltd. | Financial | 1.03% | ₹64.40 Cr | +0.87% | +0.93% | — |
| Hexaware Technologies Ltd. | Technology | 1.00% | ₹62.67 Cr | +1.00% | +0.97% | +1.07% |
| Navin Fluorine International Ltd. | Chemicals | 0.97% | ₹60.73 Cr | +0.87% | +1.14% | +1.23% |
| Jindal Steel Ltd. | Metals & Mining | 0.96% | ₹59.65 Cr | +1.05% | +1.13% | +0.96% |
| Adani Enterprises Ltd. | Services | 0.95% | ₹59.50 Cr | — | — | — |
| Muthoot Finance Ltd. | Financial | 0.95% | ₹59.56 Cr | +1.17% | +1.04% | +1.33% |
| K.P.R. Mill Ltd. | Textiles | 0.90% | ₹56.42 Cr | +0.81% | +0.78% | +0.96% |
| GR Infraprojects Ltd. | Construction | 0.89% | ₹55.24 Cr | +0.99% | +0.66% | +0.96% |
| Thermax Ltd. | Capital Goods | 0.89% | ₹55.30 Cr | +1.23% | +1.09% | +1.24% |
| PI Industries Ltd. | Chemicals | 0.76% | ₹47.40 Cr | +0.97% | +1.42% | +1.87% |
| Cummins India Ltd. | Capital Goods | 0.65% | ₹40.84 Cr | +1.85% | +1.60% | +2.86% |
| Linde India Ltd. | Chemicals | 0.61% | ₹38.31 Cr | +0.75% | +0.73% | +0.53% |
| Page Industries Ltd. | Textiles | 0.57% | ₹35.80 Cr | +0.67% | +0.58% | +0.90% |
| 3M India Ltd. | Consumer Staples | 0.56% | ₹35.03 Cr | +0.60% | +0.72% | +0.65% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:1308 | 0.00% | 1.33% | +1.33% |
| Others | 0.96% | -0.11% | -1.07% |
| Indraprastha Gas Ltd. | 0.81% | 0.00% | -0.81% |
| BSE Ltd. | 2.36% | 1.58% | -0.78% |
| L&T Finance Ltd. | 2.06% | 2.83% | +0.77% |
| Multi Commodity Exchange Of India Ltd. | 1.97% | 2.72% | +0.75% |
| Max Healthcare Institute Ltd. | 1.81% | 2.50% | +0.69% |
| Metro Brands Ltd. | 0.69% | 0.00% | -0.69% |
| One97 Communications Ltd. | 2.44% | 3.03% | +0.59% |
| Mahindra Logistics Ltd. | 0.49% | 0.00% | -0.49% |
| SKF India (Industrial) Ltd. | 0.48% | 0.00% | -0.48% |
| Cummins India Ltd. | 1.00% | 0.65% | -0.35% |
| Max Financial Services Ltd. | 2.72% | 3.03% | +0.31% |
| Indusind Bank Ltd. | 2.84% | 3.10% | +0.26% |
| Adani Energy Solutions Ltd. | 1.54% | 1.29% | -0.25% |
| Marico Ltd. | 2.73% | 2.50% | -0.23% |
| PB Fintech Ltd. | 1.59% | 1.80% | +0.21% |
| Bosch Ltd. | 1.00% | 1.19% | +0.19% |
| Voltas Ltd. | 1.32% | 1.15% | -0.17% |
| Glenmark Pharmaceuticals Ltd. | 2.21% | 2.38% | +0.17% |
| Bharat Heavy Electricals Ltd. | 3.04% | 3.20% | +0.16% |
| Bharti Hexacom Ltd. | 2.37% | 2.53% | +0.16% |
| Mankind Pharma Ltd. | 3.26% | 3.10% | -0.16% |
| PI Industries Ltd. | 0.91% | 0.76% | -0.15% |
| UPL Ltd. | 1.50% | 1.35% | -0.15% |
| Bharat Forge Ltd. | 2.00% | 1.86% | -0.14% |
| JK Cement Ltd. | 2.07% | 1.94% | -0.13% |
| Jubilant FoodWorks Ltd. | 1.30% | 1.43% | +0.13% |
| Thermax Ltd. | 1.01% | 0.89% | -0.12% |
| Hindustan Petroleum Corporation Ltd. | 1.16% | 1.05% | -0.11% |
| Page Industries Ltd. | 0.67% | 0.57% | -0.10% |
| The Federal Bank Ltd. | 2.96% | 2.86% | -0.10% |
| Navin Fluorine International Ltd. | 0.87% | 0.97% | +0.10% |
| UNO Minda Ltd. | 1.95% | 2.05% | +0.10% |
| JSW Infrastructure Ltd. | 1.44% | 1.53% | +0.09% |
| Adani Enterprises Ltd. | 1.03% | 0.95% | -0.08% |
| Muthoot Finance Ltd. | 1.03% | 0.95% | -0.08% |
| Abbott India Ltd. | 1.99% | 2.07% | +0.08% |
| Gujarat Fluorochemicals Ltd. | 1.80% | 1.88% | +0.08% |
| Indus Towers Ltd. | 2.26% | 2.18% | -0.08% |
| K.P.R. Mill Ltd. | 0.83% | 0.90% | +0.07% |
| Indian Bank | 1.58% | 1.65% | +0.07% |
| Solar Industries India Ltd. | 1.06% | 1.13% | +0.07% |
| Billionbrains Garage Ventures Ltd. | 1.44% | 1.38% | -0.06% |
| Linde India Ltd. | 0.67% | 0.61% | -0.06% |
| Hexaware Technologies Ltd. | 1.05% | 1.00% | -0.05% |
| Sona BLW Precision Forgings Ltd. | 1.82% | 1.87% | +0.05% |
| Jindal Steel Ltd. | 0.91% | 0.96% | +0.05% |
| Apollo Hospitals Enterprise Ltd. | 1.09% | 1.05% | -0.04% |
| Bharat Electronics Ltd. | 1.02% | 1.06% | +0.04% |
| Dr. Reddy's Laboratories Ltd. | 1.57% | 1.53% | -0.04% |
| Persistent Systems Ltd. | 1.83% | 1.79% | -0.04% |
| 3M India Ltd. | 0.60% | 0.56% | -0.04% |
| HDB Financial Services Ltd. | 1.16% | 1.12% | -0.04% |
| Dixon Technologies (India) Ltd. | 1.41% | 1.44% | +0.03% |
| GR Infraprojects Ltd. | 0.92% | 0.89% | -0.03% |
| Premier Energies Ltd. | 1.50% | 1.47% | -0.03% |
| The Phoenix Mills Ltd. | 1.25% | 1.22% | -0.03% |
| Ashok Leyland Ltd. | 1.10% | 1.13% | +0.03% |
| ZF Commercial Vehicle Control Systems India Ltd. | 1.35% | 1.38% | +0.03% |
| AU Small Finance Bank Ltd. | 2.59% | 2.61% | +0.02% |
| Hero Motocorp Ltd. | 1.33% | 1.31% | -0.02% |
| IDFC First Bank Ltd. | 1.05% | 1.03% | -0.02% |
| Mphasis Ltd. | 1.94% | 1.95% | +0.01% |
| Oberoi Realty Ltd. | 1.51% | 1.50% | -0.01% |
| GE Vernova T&D India Ltd | 1.07% | 1.07% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹13,775 Cr | 2.01% | 12.2% | 14.2% | 18.9% |
 Edelweiss Mid Cap Fund | ₹19,891 Cr | 1.86% | 4.9% | 10.7% | 17.2% |
 HSBC Midcap Fund | ₹17,188 Cr | 2.21% | 20.7% | 16.7% | 20.5% |
 Invesco India Mid Cap Fund | ₹15,905 Cr | 1.88% | 11.9% | 15.3% | 20.0% |
 ICICI Prudential Mid Cap Fund | ₹8,403 Cr | 1.83% | 9.8% | 13.7% | 18.0% |
 WhiteOak Capital Mid Cap Fund | ₹7,485 Cr | 2.25% | 13.6% | 14.4% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide income distribution and / or medium to long term capital gains. Investment would be focussed towards mid cap stocks.
Fund managers
- Satish Chandra MishraMr. Mishra has done B.tech & PGDMPrior to joining TATA Mutual Fund, he has worked with HDFC Securities Ltd. and PINC Research.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months10.61% absolute | ₹60,000 | ₹66,366 | 10.61% | |
| 1 year6.36% annualised | ₹1,20,000 | ₹1,24,215 | 3.51% | |
| 3 years13.37% annualised | ₹3,60,000 | ₹4,44,834 | 23.56% | |
| 5 years13.49% annualised | ₹6,00,000 | ₹8,59,678 | 43.28% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Tata Mid Cap Fund?
The NAV of Tata Mid Cap Fund is ₹449.91 as on 25 Sep 2026.
What is the expense ratio of Tata Mid Cap Fund?
The expense ratio of Tata Mid Cap Fund is 2.04% per year.
What is the minimum SIP amount for Tata Mid Cap Fund?
You can start a SIP in Tata Mid Cap Fund with ₹3,000 a month.
What returns has Tata Mid Cap Fund given?
Tata Mid Cap Fund has returned 2.7% over 1 year, 6.9% over 3 years and 13.5% over 5 years (annualised).
Is there a lock-in or exit load on Tata Mid Cap Fund?
Lock-in: None. Exit load: Exit load of 0.50%, if redeemed within 30 days..
How risky is Tata Mid Cap Fund?
Tata Mid Cap Fund is rated Very High on the SEBI riskometer and belongs to the Mid Cap category.
Which fund house manages Tata Mid Cap Fund?
Tata Mid Cap Fund is managed by Tata Mutual Fund, which runs 61 schemes with ₹2,31,388 Cr under management.