Tata Mid Cap Fund
Mid CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹453.74+0.06%1 day
- Return since launch
- 12.9%
- 52-week range
- ₹396.87 — ₹472.78
- AUM
- ₹5,860 Cr
Tata Mid Cap Fund is a Mid Cap equity fund from Tata Mutual Fund with ₹5,860 Cr under management, launched in 1994. Over three years it has returned 6.2% a year, against 14.8% for its category. The expense ratio is 2.02% 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 +2.0% against +2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.4% | −0.2 pts | 3.6% | 3.6% |
| 2Y | 5.6% | −0.8 pts | 6.3% | 5.2% |
| 3Y | 6.2% | −8.6 pts | 14.8% | 6.6% |
| 5Y | 12.8% | +0.1 pts | 12.8% | 12.7% |
| 7Y | 16.3% | −1.0 pts | 17.3% | 16.2% |
| 10Y | 15.9% | +0.8 pts | 15.1% | 15.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.8% | +2.0 pts | 2.8% | 2.5% |
| 3M | -3.1% | +0.3 pts | -3.4% | -4.2% |
| 6M | 0.6% | −1.7 pts | 2.3% | 0.9% |
| 1Y | 2.0% | −1.6 pts | 3.6% | 2.1% |
| 2Y | 2.9% | −0.9 pts | 3.9% | 3.4% |
| 3Y | 12.8% | −2.0 pts | 14.8% | 13.6% |
| 5Y | 12.4% | −0.4 pts | 12.8% | 11.9% |
| 7Y | 18.4% | −0.9 pts | 19.3% | 17.8% |
| 10Y | 15.2% | +0.1 pts | 15.1% | 13.8% |
Since launch (15 Jun 1994): 12.9%
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
1.99%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.56%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.38%
- 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 | -0.75 | 5.01 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.91 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.43 | 0.72 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.56 | 0.96 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.97 | 19.25 | 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 30 Sep 2026
Asset allocation
- Equity97.4%
- Other2.6%
Market cap split
- Large16.9%
- Mid76.5%
- Small6.6%
- P/E
- 34.70
- P/B
- 4.03
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Mankind Pharma Ltd. | Healthcare | 3.42% | ₹200 Cr | +3.47% | +3.21% | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 3.20% | ₹188 Cr | +3.19% | +1.29% | +1.00% |
| One 97 Communications Ltd. | Services | 3.15% | ₹185 Cr | +2.14% | +2.11% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 2.96% | ₹173 Cr | +1.09% | — | — |
| L&T Finance Ltd. | Financial | 2.94% | ₹172 Cr | +2.12% | +1.92% | +2.22% |
| AU Small Finance Bank Ltd. | Financial | 2.93% | ₹172 Cr | +2.65% | +2.53% | +2.47% |
| Indusind Bank Ltd. | Financial | 2.92% | ₹171 Cr | +2.68% | +2.56% | — |
| Max Financial Services Ltd. | Financial | 2.81% | ₹165 Cr | +2.70% | +2.84% | +2.34% |
| Max Healthcare Institute Ltd. | Healthcare | 2.75% | ₹161 Cr | +1.44% | +1.45% | +1.66% |
| The Federal Bank Ltd. | Financial | 2.71% | ₹159 Cr | +3.37% | +3.12% | +1.72% |
| Bharti Hexacom Ltd. | Communication | 2.67% | ₹157 Cr | +1.77% | +2.12% | +2.06% |
| Others | Others | 2.61% | ₹151 Cr | +1.16% | +2.58% | +2.42% |
| Marico Ltd. | Consumer Staples | 2.55% | ₹149 Cr | +2.49% | +2.58% | +1.00% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 2.39% | ₹140 Cr | +2.25% | +2.56% | +2.32% |
| Abbott India Ltd. | Healthcare | 2.31% | ₹136 Cr | +1.77% | — | — |
| Indus Towers Ltd. | Communication | 2.23% | ₹131 Cr | +2.34% | +2.60% | +1.05% |
| JK Cement Ltd. | Materials | 2.04% | ₹120 Cr | +2.14% | +1.76% | +2.00% |
| Sona BLW Precision Forgings Ltd. | Automobile | 2.03% | ₹119 Cr | +1.52% | — | — |
| UNO Minda Ltd. | Automobile | 2.00% | ₹117 Cr | +1.86% | +2.07% | +2.58% |
| Gujarat Fluorochemicals Ltd. | Chemicals | 1.88% | ₹110 Cr | +1.01% | — | — |
| Mphasis Ltd. | Technology | 1.84% | ₹108 Cr | +1.85% | +1.61% | +1.86% |
| Bharat Forge Ltd. | Automobile | 1.81% | ₹106 Cr | +2.01% | +1.84% | +1.32% |
| Persistent Systems Ltd. | Technology | 1.80% | ₹106 Cr | +1.47% | +1.17% | +1.15% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 1.74% | ₹102 Cr | — | — | — |
| JSW Infrastructure Ltd. | Services | 1.70% | ₹99.85 Cr | +1.54% | +1.35% | +1.75% |
| BSE Ltd. | Services | 1.58% | ₹92.76 Cr | +2.58% | +1.61% | — |
| Indian Bank | Financial | 1.58% | ₹92.36 Cr | +2.55% | +3.11% | +2.75% |
| Oberoi Realty Ltd. | Construction | 1.51% | ₹88.29 Cr | +1.51% | +1.42% | +1.57% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.41% | ₹82.76 Cr | +1.55% | +0.66% | — |
| Jubilant FoodWorks Ltd. | Services | 1.40% | ₹82.21 Cr | +1.28% | +1.57% | +2.20% |
| UPL Ltd. | Chemicals | 1.38% | ₹80.96 Cr | +1.46% | +2.62% | +2.21% |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 1.36% | ₹79.43 Cr | +1.48% | +1.56% | +1.45% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.35% | ₹79.39 Cr | +1.23% | — | — |
| Hero Motocorp Ltd. | Automobile | 1.34% | ₹78.62 Cr | — | — | — |
| Premier Energies Ltd. | Energy | 1.32% | ₹77.07 Cr | +1.59% | — | — |
| The Phoenix Mills Ltd. | Construction | 1.32% | ₹77.40 Cr | +1.33% | +1.21% | +0.93% |
| Adani Energy Solutions Ltd. | Energy | 1.27% | ₹74.38 Cr | +1.44% | — | — |
| PB Fintech Ltd. | Services | 1.27% | ₹74.47 Cr | +1.67% | — | — |
| Linde India Ltd. | Chemicals | 1.22% | ₹71.72 Cr | +0.75% | +0.82% | +0.51% |
| Bosch Ltd. | Automobile | 1.19% | ₹69.66 Cr | +1.01% | +0.85% | +1.12% |
| Solar Industries India Ltd. | Chemicals | 1.18% | ₹68.95 Cr | — | — | — |
| Voltas Ltd. | Consumer Discretionary | 1.10% | ₹64.20 Cr | +1.31% | +1.53% | +1.07% |
| HDB Financial Services Ltd. | Financial | 1.09% | ₹63.84 Cr | +1.31% | +1.15% | +0.30% |
| GE Vernova T&D India Ltd | Capital Goods | 1.08% | ₹63.02 Cr | +0.97% | — | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.08% | ₹63.06 Cr | +1.21% | +1.21% | +1.58% |
| Bharat Electronics Ltd. | Capital Goods | 1.06% | ₹62.13 Cr | +1.12% | +1.28% | +1.28% |
| Ashok Leyland Ltd. | Automobile | 1.05% | ₹61.68 Cr | +1.07% | +1.23% | +1.13% |
| IDFC First Bank Ltd. | Financial | 1.04% | ₹61.00 Cr | +1.01% | +0.83% | — |
| Adani Enterprises Ltd. | Services | 1.03% | ₹60.42 Cr | — | — | — |
| Navin Fluorine International Ltd. | Chemicals | 0.98% | ₹57.72 Cr | +0.92% | +1.11% | +1.19% |
| Jindal Steel Ltd. | Metals & Mining | 0.97% | ₹56.75 Cr | +0.90% | +1.11% | +1.05% |
| Hexaware Technologies Ltd. | Technology | 0.95% | ₹55.82 Cr | +0.99% | +0.96% | +0.93% |
| Muthoot Finance Ltd. | Financial | 0.93% | ₹54.74 Cr | +1.02% | +1.27% | +1.53% |
| K.P.R. Mill Ltd. | Textiles | 0.90% | ₹52.86 Cr | +0.96% | +0.80% | +1.01% |
| GR Infraprojects Ltd. | Construction | 0.86% | ₹50.47 Cr | +0.98% | +0.61% | +0.92% |
| Thermax Ltd. | Capital Goods | 0.82% | ₹48.08 Cr | +1.25% | +1.25% | +1.21% |
| PI Industries Ltd. | Chemicals | 0.79% | ₹46.20 Cr | +0.87% | +1.36% | +1.74% |
| Page Industries Ltd. | Textiles | 0.62% | ₹36.39 Cr | +0.70% | +0.64% | +0.81% |
| 3M India Ltd. | Consumer Staples | 0.58% | ₹33.81 Cr | +0.59% | +0.63% | +0.61% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -0.11% | 2.05% | +2.16% |
| company:1308 | 1.33% | 0.00% | -1.33% |
| Apollo Hospitals Enterprise Ltd. | 1.05% | 0.00% | -1.05% |
| Cummins India Ltd. | 0.65% | 0.00% | -0.65% |
| Linde India Ltd. | 0.61% | 1.22% | +0.61% |
| PB Fintech Ltd. | 1.80% | 1.27% | -0.53% |
| AU Small Finance Bank Ltd. | 2.61% | 2.93% | +0.32% |
| Mankind Pharma Ltd. | 3.10% | 3.42% | +0.32% |
| Max Healthcare Institute Ltd. | 2.50% | 2.75% | +0.25% |
| Abbott India Ltd. | 2.07% | 2.31% | +0.24% |
| Multi Commodity Exchange Of India Ltd. | 2.72% | 2.96% | +0.24% |
| Max Financial Services Ltd. | 3.03% | 2.81% | -0.22% |
| Dr. Reddy's Laboratories Ltd. | 1.53% | 1.74% | +0.21% |
| Indusind Bank Ltd. | 3.10% | 2.92% | -0.18% |
| JSW Infrastructure Ltd. | 1.53% | 1.70% | +0.17% |
| Sona BLW Precision Forgings Ltd. | 1.87% | 2.03% | +0.16% |
| Premier Energies Ltd. | 1.47% | 1.32% | -0.15% |
| The Federal Bank Ltd. | 2.86% | 2.71% | -0.15% |
| Bharti Hexacom Ltd. | 2.53% | 2.67% | +0.14% |
| One 97 Communications Ltd. | 3.03% | 3.15% | +0.12% |
| L&T Finance Ltd. | 2.83% | 2.94% | +0.11% |
| Mphasis Ltd. | 1.95% | 1.84% | -0.11% |
| JK Cement Ltd. | 1.94% | 2.04% | +0.10% |
| The Phoenix Mills Ltd. | 1.22% | 1.32% | +0.10% |
| Dixon Technologies (India) Ltd. | 1.44% | 1.35% | -0.09% |
| Adani Enterprises Ltd. | 0.95% | 1.03% | +0.08% |
| Ashok Leyland Ltd. | 1.13% | 1.05% | -0.08% |
| Thermax Ltd. | 0.89% | 0.82% | -0.07% |
| Indian Bank | 1.65% | 1.58% | -0.07% |
| Bharat Forge Ltd. | 1.86% | 1.81% | -0.05% |
| Hexaware Technologies Ltd. | 1.00% | 0.95% | -0.05% |
| Page Industries Ltd. | 0.57% | 0.62% | +0.05% |
| Solar Industries India Ltd. | 1.13% | 1.18% | +0.05% |
| Indus Towers Ltd. | 2.18% | 2.23% | +0.05% |
| Marico Ltd. | 2.50% | 2.55% | +0.05% |
| UNO Minda Ltd. | 2.05% | 2.00% | -0.05% |
| Voltas Ltd. | 1.15% | 1.10% | -0.05% |
| Billionbrains Garage Ventures Ltd. | 1.38% | 1.41% | +0.03% |
| GR Infraprojects Ltd. | 0.89% | 0.86% | -0.03% |
| HDB Financial Services Ltd. | 1.12% | 1.09% | -0.03% |
| Hero Motocorp Ltd. | 1.31% | 1.34% | +0.03% |
| Hindustan Petroleum Corporation Ltd. | 1.05% | 1.08% | +0.03% |
| Jubilant FoodWorks Ltd. | 1.43% | 1.40% | -0.03% |
| PI Industries Ltd. | 0.76% | 0.79% | +0.03% |
| UPL Ltd. | 1.35% | 1.38% | +0.03% |
| Adani Energy Solutions Ltd. | 1.29% | 1.27% | -0.02% |
| 3M India Ltd. | 0.56% | 0.58% | +0.02% |
| Muthoot Finance Ltd. | 0.95% | 0.93% | -0.02% |
| ZF Commercial Vehicle Control Systems India Ltd. | 1.38% | 1.36% | -0.02% |
| Glenmark Pharmaceuticals Ltd. | 2.38% | 2.39% | +0.01% |
| GE Vernova T&D India Ltd | 1.07% | 1.08% | +0.01% |
| IDFC First Bank Ltd. | 1.03% | 1.04% | +0.01% |
| Jindal Steel Ltd. | 0.96% | 0.97% | +0.01% |
| Navin Fluorine International Ltd. | 0.97% | 0.98% | +0.01% |
| Oberoi Realty Ltd. | 1.50% | 1.51% | +0.01% |
| Persistent Systems Ltd. | 1.79% | 1.80% | +0.01% |
| BSE Ltd. | 1.58% | 1.58% | 0.00% |
| Bharat Electronics Ltd. | 1.06% | 1.06% | 0.00% |
| Bharat Heavy Electricals Ltd. | 3.20% | 3.20% | 0.00% |
| Bosch Ltd. | 1.19% | 1.19% | 0.00% |
| Gujarat Fluorochemicals Ltd. | 1.88% | 1.88% | 0.00% |
| K.P.R. Mill Ltd. | 0.90% | 0.90% | 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 | ₹13,591 Cr | 1.99% | 9.0% | 12.0% | 17.5% |
 Edelweiss Mid Cap Fund | ₹19,230 Cr | 1.87% | 3.2% | 8.7% | 15.9% |
 HSBC Midcap Fund | ₹16,800 Cr | 2.15% | 15.2% | 14.1% | 19.0% |
 Invesco India Mid Cap Fund | ₹15,832 Cr | 1.85% | 12.4% | 14.1% | 19.3% |
 WhiteOak Capital Mid Cap Fund | ₹8,400 Cr | 2.25% | 11.2% | 12.7% | — |
 ICICI Prudential Mid Cap Fund | ₹7,695 Cr | 1.83% | 2.9% | 10.3% | 15.9% |
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 months0.58% absolute | ₹60,000 | ₹60,348 | 0.58% | |
| 1 year2.00% annualised | ₹1,20,000 | ₹1,21,308 | 1.09% | |
| 3 years12.78% annualised | ₹3,60,000 | ₹4,40,599 | 22.39% | |
| 5 years12.37% annualised | ₹6,00,000 | ₹8,33,344 | 38.89% |
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 ₹453.74 as on 9 Nov 2026.
What is the expense ratio of Tata Mid Cap Fund?
The expense ratio of Tata Mid Cap Fund is 2.02% 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 3.4% over 1 year, 6.2% over 3 years and 12.8% 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 62 schemes with ₹2,39,201 Cr under management.