Tata Pure Equity Fund: Resulting Growth

The Tata Mutual Fund is among the top-performing AMCs in India. It has been providing various investment solutions to the investors to cater their varying needs since its establishment. Among the different schemes that it offers, Tata Pure Equity Fund(G) is the most prominent one. It has helped many investors in fulfilling their desires. We at MySIPonline are providing you with the platform to take a review of this plan and decide on a selection of the same for your portfolio.

Tata Pure Equity - History

This plan was launched on 7th May 1998, with an objective to provide long-term capital appreciation to the investors. Later, w.e.f., 1st March 2003, Tata Equity Management Fund got merged with this scheme and gained a significant market possession. Now, it has been renamed to Tata Large Cap Fund, w.e.f., 29th February 2016. It falls under the large cap mutual funds category and offers open-ended and growth-oriented investment plans.

Tata Pure Equity Fund (Growth) - Performance Evaluation

The overall reviews of a strategy help us a lot in making a better choice. Here we are providing you with a brief about the performance of this scheme:

  • It holds 3rd rank in the large-cap category as per CRISIL rating structure for the quarter ended June 2016.
  • One can compute the value of his/her investment in this scheme by considering the Tata Pure Equity Fund NAV, which amounted to Rs. 176.21 as on 19th August 2016.
  • It has been concluded that this plan’s performance as compared to the average performance of its category is appreciable.
  • It provides high returns on the long-term investments and thus helps in growing up the monies.
  • The last dividend declared under this plan amounted to Rs.2 per unit as on 31st July 2000, since then it is aimed at accumulating the yields to provide better growth in the future.
  • An investment held for 5 years in this scheme shows a return percentage of 14.60%.

Peer Comparison

If we take into consideration the overall market position of this scheme, it has been well proved that it is among the most preferable ones in the large-cap category. It holds three star rating which shows its better holding in the investment market.

Portfolio Analysis

The Tata Pure Equity plans a growth-oriented strategy which aims to cater the needs of every investor.

  1. It holds an asset size amounted to Rs.849 crores as on 31st July 2016 which is majorly invested in the stocks of such corporates that have large market capitalisation.
  2. Some of the assets are also allocated into debt and other instruments to provide diversification.
  3. The data available shows the asset allocation of this scheme in automotive, banking/finance, technology, pharmaceuticals, cement and other industries.
  4. The top five holdings of this plan as on 31st July 2016 include HDFC Bank Ltd., Infosys Ltd., ITC Ltd., Ultratech Cement Ltd., and Power Grid Corpn. Of India Ltd.

The Tata Pure Equity is thus the best strategy for an investor who is desirous of attaining high-yielding returns and capital appreciation. One can invest in this plan through SIP mode as well and compute the returns prior to investing by using the SIP calculator.

We at MySIPonline provide you with the best platform for mutual fund investments by offering different solutions and tools that would help you to take the best decision.