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Alphagrep Multi Asset Allocation Fund-direct-growth vs Tata Multi Asset Allocation Fund-Direct Plan-Growth
Alphagrep Multi Asset Allocation Fund-direct-growth and Tata Multi Asset Allocation Fund- are both in the Multi Asset Allocation category, from AlphaGrep Investment Management Private Limited and Tata Asset Management Limited respectively. Tata Multi Asset Allocation Fund- has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Tata Multi Asset Allocation Fund- has the lower direct-plan expense ratio, by 0.83 percentage points.
| Alphagrep Multi Asset Allocation Fund-direct-growth | Tata Multi Asset Allocation Fund-Direct Plan-Growth | |
|---|---|---|
| Category | Multi Asset Allocation | Multi Asset Allocation |
| AMC | AlphaGrep Investment Management Private Limited | Tata Asset Management Limited |
| Benchmark | CRISIL Hybrid 50+50 - Moderate Index | 65% BSE 200 + 15% CRISIL Short Term Bond Index + 20% iCOMDEX Composite Index TRI |
| NAV | ₹10.1232 (2026-10-28) | ₹26.6214 (2026-10-28) |
| AUM | ₹122.09 Cr | ₹4,884.94 Cr |
| Expense Ratio (Direct) | 1.47% | 0.64% |
| Inception | 2026-07-06 | 2020-02-14 |
Returns
This fund is less than a year old, so there is not yet enough history to calculate rolling returns.
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
Portfolio Analytics
Tata Multi Asset Allocation Fund- carries the higher portfolio YTM.
| Alphagrep Multi Asset Allocation Fund-direct-growth | Tata Multi Asset Allocation Fund-Direct Plan-Growth | |
|---|---|---|
| P/E Ratio | 22.1387 | 25.6619 |
| P/B Ratio | - | - |
| Dividend Yield | 1.1407% | 0.9885% |
| Active Share | - | - |
| Portfolio Turnover | - | 72% |
| YTM | 6.9277% | 6.99% |
| Duration (Macaulay) | - | 2.69 yrs |
Punji Fund Health Score
Alphagrep Multi Asset Allocation Fund-direct-growth has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Alphagrep Multi Asset Allocation Fund-direct-growth or Tata Multi Asset Allocation Fund-?
Tata Multi Asset Allocation Fund-'s direct-plan expense ratio is 0.83 percentage points lower than Alphagrep Multi Asset Allocation Fund-direct-growth's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Alphagrep Multi Asset Allocation Fund-direct-growth and Tata Multi Asset Allocation Fund- show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Alphagrep Multi Asset Allocation Fund-direct-growth or Tata Multi Asset Allocation Fund-?
Tata Multi Asset Allocation Fund- has ₹4,885 Cr in assets under management, versus ₹122 Cr for Alphagrep Multi Asset Allocation Fund-direct-growth. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Alphagrep Multi Asset Allocation Fund-direct-growth or Tata Multi Asset Allocation Fund-?
Tata Multi Asset Allocation Fund-'s portfolio YTM (6.99%) is higher than Alphagrep Multi Asset Allocation Fund-direct-growth's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which fund has a longer track record, Alphagrep Multi Asset Allocation Fund-direct-growth or Tata Multi Asset Allocation Fund-?
Tata Multi Asset Allocation Fund- launched on 2020-02-14, making it older than Alphagrep Multi Asset Allocation Fund-direct-growth (launched 2026-07-06). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.