Should I invest in Tata M I P Plus Fund?

We don't give personal investment advice. Tata M I P Plus Fund - Growth 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: 7.7%. 5-year CAGR: 9.53%.

Tata

Tata M I P Plus Fund - Growth

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	70 / 1129	Q1
1W	-0.68%	-13.04%	+12.36	536 / 1151	Q2
2W	-0.69%	-13.18%	+12.49	532 / 1149	Q2
1M	+0.49%	-13.26%	+13.75	180 / 1137	Q1
3M	+0.78%	-13.15%	+13.93	308 / 1116	Q2
6M	+1.33%	-15.45%	+16.78	387 / 906	Q2
YTD	+5.63%	-15.77%	+21.40	113 / 952	Q1
1Y	+14.13%	-13.09%	+27.22	5 / 820	Q1
2Y	+16.69%	-12.72%	+29.41	1 / 446	Q1
3Y	+12.03%	-11.01%	+23.04	3 / 385	Q1
4Y	+11.35%	-6.52%	+17.87	1 / 339	Q1
5Y	+9.53%	-7.36%	+16.90	10 / 314	Q1
7Y	+9.75%	+2.53%	+7.22	2 / 234	Q1
10Y	—	—	—	—	—
Inception	+8.43%	-13.63%	+22.06	165 / 1199	Q1

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	+5.63%	+2.22%	+3.41	77 / 216
2014	+19.79%	+5.51%	+14.28	4 / 240
2013	+4.99%	-1.95%	+6.95	85 / 276
2012	+15.44%	+1.38%	+14.06	4 / 295
2011	+0.52%	-3.16%	+3.68	143 / 317
2010	+7.44%	-5.78%	+13.22	17 / 377
2009	+15.68%	-12.86%	+28.53	37 / 713
2008	-7.66%	-2.02%	-5.64	315 / 380
2007	+15.32%	+4.84%	+10.49	12 / 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

+9.08%

103 windows

min -10.8% · max 24.9%

93% positive

3-Year rolling

+8.39%

79 windows

min 3.5% · max 13.4%

100% positive

5-Year rolling

+8.11%

53 windows

min 6.1% · max 10.5%

100% positive

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

7-Year rolling

+8.13%

30 windows

min 7.0% · max 9.8%

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

5.62%

3-year · annualised

Sharpe ratio

0.90

vs risk-free 6.5%

Sortino ratio

1.90

Downside-only deviation

Max drawdown

-7.73%

May 2013 → Aug 2013

% positive months

80.6%

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	₹24.7985
27 Aug 2015	₹24.7826
26 Aug 2015	₹24.6607
25 Aug 2015	₹24.6767
24 Aug 2015	₹24.5973
21 Aug 2015	₹24.9671
20 Aug 2015	₹25.0013
19 Aug 2015	₹25.0493
17 Aug 2015	₹24.9583
14 Aug 2015	₹24.9712

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 - Growth 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 - Growth 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 - Growth 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 - Growth has delivered a absolute return of 14.13% — +27.22 pp ahead of the Income category average of -13.09%. The fund ranks #5 of 820 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Tata M I P Plus Fund - Growth has delivered a CAGR of 12.03% — +23.04 pp ahead of the Income category average of -11.01%. The fund ranks #3 of 385 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Tata M I P Plus Fund - Growth has delivered a CAGR of 9.53% — +16.9 pp ahead of the Income category average of -7.36%. The fund ranks #10 of 314 in its category — the top (Q1) quartile.

₹1 lakh invested in Tata M I P Plus Fund - Growth exactly 5 years ago would be worth approximately ₹157,664 today — a multiplier of 1.58×, based on the 5-year CAGR of 9.53%. 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 - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹801,485 today. That's an XIRR (money-weighted annualised return) of 11.52%.

Tata M I P Plus Fund - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,230,567 — XIRR 10.72%.

On a 5-year basis, Tata M I P Plus Fund - Growth ranks #10 out of 314 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -7.36%; this fund delivered 9.53%.

The worst peak-to-trough decline Tata M I P Plus Fund - Growth has experienced over the last 5-year window is 7.73% — its NAV fell from a high on 20 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 - Growth averaged 8.11% (best 10.52%, worst 6.10%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.54 — reasonable risk-adjusted performance.

In calendar year 2014, Tata M I P Plus Fund - Growth returned 19.79% — beating the Income category average of 5.51% by 14.28 pp. It ranked #4 of 240 in its category that year.

Tata M I P Plus Fund - Growth 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 - Growth 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: 7.7%. 5-year CAGR: 9.53%.

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

Tata M I P Plus Fund - Growth

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

More from Tata