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SEBI registration code MF/023/95/9.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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© Copyright 2026 Tata Mutual Fund. All Rights Reserved.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

    Tata Ethical Fund Direct Growth - Tata Mutual Fund
    1. Home
    2. Mutual Funds
    3. Tata Ethical Fund

    Overview

    Very High Risk
    Fund Size (AUM)
    ₹3703.39 Cr
    as on 03 May 2026
    CAGR
    -6.74%
    1 Year
    as on 31 Mar 2026
    Expense Ratio
    0.72 %
    as on 31 Mar 2026
    Fund Age
    29 years 11 months
    since 24 May 1996
    Exit Load
    0.50% of NAV
    Within 90 days

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    4.49%

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    NAV Performance

    ₹421.23

    as on 06 May 2026
    Loading chart...

    Summary

    An open ended equity scheme following Shariah principles. The investment objective of the Scheme is to provide medium to long- term capital gains by investing in Shariah compliant equity and equity related instruments of well-researched value and growth - oriented companies


    Investment Philosophy

    The scheme will adhere to the investment restrictions stipulated / advocated under Shariah principles. Shariah principles have been evolved over a period of time and are being reviewed periodically by the Shariah boards


    Portfolio Positioning and Construction

    1. The fund shall invest only in listed, to be listed securities of companies incorporated in, or operating principally from, or carrying significant operations in, or derive substantial revenue from India. Such securities may include;
      • Common Stock or Equities;
      • GDRs or
      • other instruments with equity features.
    2. The fund shall not invest in the instruments which are in form and substance not compliant with the Shariah principles, such instruments include the following:
      • Preferred Stock (preference shares or securities with such features);
      • Options
      • Conventional Money Market Instruments
      • Futures and
      • Other derivative instruments.
    3. The fund shall not leverage its assets for borrowing
    4. The fund shall not indulge in short selling

    Exit Load

    0.50% of NAV if redeemed/switched out on or before 90 days from the date of allotment.


    Minimum Investment Amount

    SIP

    ₹ 100

    Lumpsum

    ₹ 5,000

    Calculators

    ₹

    ₹100

    ₹ 10 Lakhs

    Worth of investments in last

    This Fund

    N.A.

    0%

    Nifty 500 Shariah TRI

    N.A.

    0%

    Nifty 50 TRI

    N.A.

    0%

    **Past performance may or may not be sustained in future. For performance in SEBI format please refer returns section.
    Explore More

    Rolling Return Calculator

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    Point to Point Calculator

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    Holding Analysis

    Key Measures ^

    Key Measures**FundBenchmark
    Standard Deviation14.2714.71
    Sharpe Ratio0.050.47
    Portfolio Beta0.83NA
    R Squared0.75NA
    Treynor0.09NA
    Jenson-0.41NA
    Past performance may or may not be sustained in future. Different plans have different expense structure

    Holdingsas on 31 Mar 2026

    Infosys Ltd.8.00%
    Tata Consultancy Services Ltd.5.41%
    Tech Mahindra Ltd.3.61%
    Hindustan Unilever Ltd.3.45%
    Jindal Steel Ltd.2.95%

    Sectorsas on 31 Mar 2026

    Information Technology24.77%
    Healthcare13.80%
    Fast Moving Consumer Goods11.83%
    Automobile And Auto Components9.66%
    Consumer Durables5.69%

    Returns over the years

    as on 31 Mar 2026
    Current value of ₹10,000 invested
    Annualized (%)Nifty 500 Shariah TRIBenchmark(%)Nifty 50 TRIAdditional Benchmark(%)SchemeNifty 500 Shariah TRIBenchmark(%)Nifty 50 TRIAdditional Benchmark(%)

    Since Inception

    24 May 1996

    13.32%13.73%11.83%₹52,466₹55,016₹43,989
    Last 1 Year-6.74%-6.15%-3.99%₹9,326₹9,385₹9,601
    Last 3 Years8.28%9.58%10.02%₹12,699₹13,161₹13,320
    Last 5 Years9.71%8.80%10.01%₹15,901₹15,249₹16,113
    Disclaimer:
    Past performance may or may not be sustained in future. Different plans have different expense structure
    .

    Fund Managers

    Abhinav H Sharma Image

    Abhinav H Sharma

    Managing since 06 Sept 2021

    Riskometer

    This product is suitable for investors who are seeking* :

    • Long Term Capital Appreciation. 
    • Investment predominantly in equity & equity related instruments of shariah principles compliant companies and in other instruments allowed under shariah principles.
    Scheme riskometer: Very High
    Benchmark riskometer: Very High

    ** Investors should understand that their principal will be at Very High risk

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    Tata Ethical Fund

    Tata Ethical Fund

    Direct-Growth
    EQUITY

    Benchmark

    Nifty 500 Shariah TRI

    Risk level: Very High

    NAV

    ₹421.23
    Price change indicator
    1.11%
    Day Change
    as on 06 May 2026

    Scheme Documents

    Scheme Summary Document (SSD)