Should I invest in Tata M I P Plus Fund - Monthly Dividend?

We don't give personal investment advice. Tata M I P Plus Fund - Monthly Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 9.4%. 5-year CAGR: 2.81%.

Tata

Tata M I P Plus Fund - Monthly Dividend

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.06%	-9.99%	+10.05	73 / 1129	Q1
1W	-0.68%	-13.04%	+12.36	537 / 1151	Q2
2W	-0.69%	-13.18%	+12.49	534 / 1149	Q2
1M	0.00%	-13.26%	+13.26	391 / 1137	Q2
3M	-0.82%	-13.15%	+12.33	754 / 1116	Q3
6M	-1.83%	-15.45%	+13.62	600 / 906	Q3
YTD	+1.33%	-15.77%	+17.11	308 / 952	Q2
1Y	+7.11%	-13.09%	+20.20	243 / 820	Q2
2Y	+9.30%	-12.72%	+22.02	28 / 446	Q1
3Y	+4.99%	-11.01%	+16.00	120 / 385	Q2
4Y	+4.53%	-6.52%	+11.05	112 / 339	Q2
5Y	+2.81%	-7.36%	+10.17	116 / 314	Q2
7Y	+3.51%	+2.53%	+0.98	101 / 234	Q2
10Y	—	—	—	—	—
Inception	+2.28%	-13.63%	+15.91	359 / 1199	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2015 YTD	+1.33%	+2.22%	-0.89	115 / 216
2014	+12.14%	+5.51%	+6.63	32 / 240
2013	-2.00%	-1.95%	-0.04	228 / 276
2012	+9.34%	+1.38%	+7.96	86 / 295
2011	-5.76%	-3.16%	-2.60	287 / 317
2010	+1.16%	-5.78%	+6.94	175 / 377
2009	+10.02%	-12.86%	+22.88	90 / 713
2008	-11.23%	-2.02%	-9.21	341 / 380
2007	+8.30%	+4.84%	+3.46	51 / 142
2006	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+2.90%

103 windows

min -14.7% · max 17.8%

62% positive

3-Year rolling

+2.37%

79 windows

min -1.5% · max 6.5%

92% positive

5-Year rolling

+2.04%

53 windows

min 0.6% · max 3.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+2.12%

30 windows

min 1.1% · max 3.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

5.63%

3-year · annualised

Sharpe ratio

-0.26

vs risk-free 6.5%

Sortino ratio

-0.42

Downside-only deviation

Max drawdown

-9.37%

May 2013 → Aug 2013

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
28 Aug 2015	₹13.1032
27 Aug 2015	₹13.0948
26 Aug 2015	₹13.0304
25 Aug 2015	₹13.0388
24 Aug 2015	₹12.9968
21 Aug 2015	₹13.1923
20 Aug 2015	₹13.2104
19 Aug 2015	₹13.2357
17 Aug 2015	₹13.1876
14 Aug 2015	₹13.1945

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Tata M I P Plus Fund - Monthly Dividend is a Income from Tata (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Tata M I P Plus Fund - Monthly Dividend has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Tata M I P Plus Fund - Monthly Dividend is managed by Tata. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Tata M I P Plus Fund - Monthly Dividend has delivered a absolute return of 7.11% — +20.2 pp ahead of the Income category average of -13.09%. The fund ranks #243 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Tata M I P Plus Fund - Monthly Dividend has delivered a CAGR of 4.99% — +16 pp ahead of the Income category average of -11.01%. The fund ranks #120 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Tata M I P Plus Fund - Monthly Dividend has delivered a CAGR of 2.81% — +10.17 pp ahead of the Income category average of -7.36%. The fund ranks #116 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in Tata M I P Plus Fund - Monthly Dividend exactly 5 years ago would be worth approximately ₹114,841 today — a multiplier of 1.15×, based on the 5-year CAGR of 2.81%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in Tata M I P Plus Fund - Monthly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹675,461 today. That's an XIRR (money-weighted annualised return) of 4.68%.

Tata M I P Plus Fund - Monthly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹969,849 — XIRR 4.05%.

On a 5-year basis, Tata M I P Plus Fund - Monthly Dividend ranks #116 out of 314 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -7.36%; this fund delivered 2.81%.

The worst peak-to-trough decline Tata M I P Plus Fund - Monthly Dividend has experienced over the last 5-year window is 9.37% — its NAV fell from a high on 15 May 2013 to a low on 19 Aug 2013. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Tata M I P Plus Fund - Monthly Dividend averaged 2.04% (best 3.78%, worst 0.55%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.70 — negative risk-adjusted performance.

In calendar year 2014, Tata M I P Plus Fund - Monthly Dividend returned 12.14% — beating the Income category average of 5.51% by 6.63 pp. It ranked #32 of 240 in its category that year.

Tata M I P Plus Fund - Monthly Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Tata M I P Plus Fund - Monthly Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 9.4%. 5-year CAGR: 2.81%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.