Tata Large & Mid Cap Fund Direct Plan - Payout of IDCW Option

Tata Large & Mid Cap Fund Direct Plan - Payout of IDCW Option sits in the middle of the pack for Large & MidCap funds, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.

Cost: At 0.75%, the expense ratio is meaningfully cheaper — about 21% below the Large & MidCap category average of 0.95% (based on 168 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 -1.04 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 16.37% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.