Is it Good to Invest in TATA Multi-Asset Allocation Fund? Reviews 2023

The current NAV is RS. 18.02 (as of Oct 20, 2023) for the growth option. It also has impressive trailing returns of 13.18% (1yr), 17.22% (3yr), and 17.62% (since launch), and its Expense ratio is 2.01%.’

To check how well a fund has been doing, we look at things like how much money it has made in the past, how risky it is, and other important factors. The first thing we do in this process is

Return Analysis

To understand how well the fund has done and if it’s good at making money, we calculate something called “rolling returns.” This helps us to see if the fund is consistent and how it stacks up against similar funds.

Examining the graph, it becomes evident that the fund’s performance has been commendable, outperforming its benchmark returns. Over the past year, the fund outperformed the benchmark returns. Over the past year, the fund outperformed the benchmark, delivering a return of 13.97% compared to the benchmark’s 11.32%. In the 3-year category, while the benchmark return stood at 16.34%, the fund exceeded expectations with returns of 19.12%.

Now let’s have a look at its recent performance:

The graph above reveals that the fund’s performance is noteworthy. It has outperformed the category average in 3-year returns, delivering an impressive 18.57% return compared to the category’s 17.4%. However, in the 1-year performance, the fund’s returns were slightly below the category average, with the fund generating 13.01% while the category average stood at 14.3%.

Risk Analysis

From the above graph we come to know that:

Phase 1. (March 2015 – March 2017)

Here in the first phase Nifty 50 (a stock market index) experienced a maximum decline of (-25.00%) while Tata Multi-Asset Allocation fund had a smaller decline (-18.98%) which describes that the fund showed rapid improvement that closely matched its benchmark.

Phase 2. (12 Feb 2020 – 10 Nov 2020)

In the second phase max fall by Nifty 50 had a substantial fall of (-39.09) while the Tata multi-asset allocation fund experienced a somewhat milder decline of (-29.29).  However, it took the fund longer to recover due to the pandemic impact.

Phase 3. (18 Oct 2021 – 27 July 2022)

In the third phase, the max fall by Nifty 50 saw a maximum decline of (-18.00%) and the Tata multi-asset allocation fund had a smaller decline of (-8.76%) again in the third phase it recovered very fast compared to its benchmark. This remarkable ability of the fund to recover quickly indicates that the fund is managed properly and has good risk tolerance ability.

Overall, the Tata Multi-asset allocation fund remains a reliable choice for investors seeking stability and consistency in dynamic market conditions.

Tata Multi-Asset Opportunities fund portfolio