Investing in Tata: Here are 3 mutual funds with a strong focus on Tata stocks
To navigate this, a list of Mutual Funds with significant Tata Group stock allocations has been curated. Here are a few notable contenders:
In the words of Shri Ratan Tata, 'I don't believe in taking right decisions. I take decisions and then make them right.' This mantra seems to resonate with the enduring success of the Tata Group. According to the Brand Finance India 100 2023 report, Tata Group has smashed the USD 25 billion brand value threshold for the first time, marking an impressive 10.3 per cent growth to reach USD 26.4 billion. This milestone not only cements its position as India's most valuable brand but also sets a precedent as the first Indian brand to break this impressive value mark.
This achievement is further highlighted by Tata Group's presence in the top 100 of the Brand Finance Global 500 2023, surging up 7 ranks from the previous year. Established in 1868 by Jamsetji Tata, this global powerhouse operates across ten verticals and encompasses 30 companies, leaving its mark in over 100 countries on six continents. Driven by a mission to 'improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust,' Tata Group has become a true emblem of success.
The conglomerate's key players, such as Tata Consultancy Services, Tata Motors, Tata Steel, and more, have become household names. Impressively, Tata Consultancy Services stands as a titan with a market capitalization of about 12.5 lakh crore, showcasing its influence and significance. Surprises continue within the Tata Group, with Benares Hotels emerging as the top-performing stock, delivering multibagger returns over the past year.
Yet, investors seeking sustained appreciation recognize the challenge of picking the next star among Tata Group's stocks. To navigate this, a list of Mutual Funds with significant Tata Group stock allocations has been curated. Here are a few notable contenders:
- Tata Digital India Fund- Growth
|
Fund Size Rs in Cr
|
Nav in Rs
|
Expense Ratio in %
|
SIP Returns absolute in 3Yrs in %
|
|
7573.98
|
34.98
|
1.7
|
19.68
|
Data as of July 31, 2023.
As per data of July 31, 2023, the overall exposure to Tata stocks accounts for 18.78 per cent of the total fund size.
- ICICI Prudential Technology Fund- Growth
As per data of July 31, 2023, the overall exposure to Tata stocks accounts for a little over 15 per cent of the total fund size. Here are the details
|
Fund Size Rs in Cr
|
Nav in Rs
|
Expense Ratio in %
|
SIP Returns absolute in 3Yrs in %
|
|
10722.32
|
147
|
1.76
|
19.11
|
| |
|
|
|
| |
|
|
|
|
Stock Name
|
Value Rs in Cr
|
% of Total Holdings
|
1 Yr Highest Holding in %
|
|
Tata Consultancy Services
|
1600.5
|
14.93
|
18.38
|
|
Tata Communications
|
25.1
|
0.23
|
0.62
|
- SBI Technology Opportunities Fund- Growth
As per data of July 31, 2023, the overall exposure to Tata stocks accounts for a little over 14 per cent of the total fund size. Here are the details
|
Fund Size Rs in Cr
|
Nav in Rs
|
Expense Ratio in %
|
SIP Returns absolute in 3Yrs in %
|
|
3080.82
|
172.15
|
0.88
|
26.76
|
| |
|
|
|
| |
|
|
|
|
Stock Name
|
Value Rs in Cr
|
% of Total Holdings
|
1 Yr Highest Holding in %
|
|
Tata Consultancy Services
|
438
|
14.22
|
14.82
|
Remember, while these funds offer exposure to Tata stocks, it's essential to conduct thorough research and consider your risk tolerance before investing. Past performance is not a guarantee of future results, so diversification and a long-term perspective remain crucial in your investment journey.