Tata BSE Multicap Consumption 50:30:20 Index Fund - Direct Plan IDCW Payout Option

Tata BSE Multicap Consumption 50:30:20 Index Fund - Direct Plan IDCW Payout Option holds up reasonably well within the Index Funds category. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 72/100.

Cost: At 0.29%, the expense ratio is meaningfully cheaper — about 29% below the Index Funds category average of 0.41% (based on 857 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.29 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, with 20.75% annualised volatility, this is among the more turbulent funds in its space — expect sharp swings in both directions.

Who should invest: This fund is best suited to cost-conscious investors happy to simply match the market rather than try to beat it. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.