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Tata Infrastructure Fund

Tata Mutual Fund · 119243 · Quant Rank #417

Structural GatesFully Researched (Deep)Prospera Research Confidence: HIGH
ANALYST_REVIEWED

Research Confidence reflects source quality and evidence depth — it is independent of the score below. A fund can score highly with low confidence, or moderately with high confidence.

Real Evidence
CategoryINF
AUM₹2,072 Cr
Benchmark—
RiskometerVery High
TER0.98%
InceptionInsufficient data
Track RecordInsufficient data
Fund ManagerAbhinav Sharma
AUM Floor₹300 Cr
Min Track3 yrs
Max Alloc15%
Returns vs Benchmark
WindowFundBenchmark
Calculated Parameters
FMT8/10
AMQ5/10
AUTInsufficient data — no real 3-months-ago AUM evidence (AMFI's live feed only carries current + ~1-month-ago; needs a genuine dated snapshot from an earlier sync)
ERS3/10
Structural Gates
Gate 1 — EligibilityUNKNOWN

AUM floor: PASS · Track record: UNKNOWN · SEBI: UNKNOWN

Gate 2 — Quant ScreenFAIL
Gate 3 — Top 10FAIL
Gate 4 — Top 5FAIL
Gate 5 — Top 2 ICFAIL
Candidate's 31.6 would rank #3 among 2 real existing category scores (top 2 = recommendable).
Analyst Name
MOM — Momentum
7% weight
Deep Research

3–6M price+flow vs benchmark · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

CON — Consistency
10% weight
Deep ResearchConfidence: HIGH

3Y/5Y quartile rank stability · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

PQT — Portfolio Quality
11% weight
Deep ResearchConfidence: MEDIUM

PE, concentration, churn · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

FMQ — Fund Mgr Quality
12% weight
Deep ResearchConfidence: MEDIUM

Philosophy, communication, style drift · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

VAL — Valuation Risk
10% weight
Deep Research

Portfolio PE/PB vs category avg · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

STW — Sector Tailwinds
9% weight
Deep ResearchConfidence: LOW

Policy/macro drivers 12-18M · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

DSP — Downside Protection
8% weight
Deep Research

Max DD, Sortino, bear markets · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

OPP — Outperformance Prob.
8% weight
Deep ResearchConfidence: HIGH

Analyst 12M alpha probability · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

THS — Thesis Strength
2% weight
Deep ResearchConfidence: MEDIUM

Analyst 12-24M thesis conviction · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 8:56:20 AM

V6 Final Score
31.6
/ 100 — Final Score
AVOID
MOM
0.0
CON
2.0
PQT
5.5
FMQ
6.0
VAL
0.0
STW
4.5
DSP
0.0
OPP
2.4
FMT
6.4
AMQ
3.0
AUT
—
ERS
1.2
THS
0.6
Data-limited: AUT (insufficient data — never defaulted to 0)
Source Evidence (8)
Fund ManagerAbhinav Sharma
Value Research Online — public fund page as of 2026-08-27
Fund Manager - Managing SinceJanuary 01, 2013
Value Research Online — public fund page as of 2026-08-27
Value Research Rating1 out of 5 stars
Value Research Online — public fund page as of 2026-08-27
Top 5 HoldingsLarsen & Toubro 6.65%, Adani Energy 4.15%, NTPC 3.90%, Adani Ports 3.77%, Interglobe Aviation 3.49% (top-5 total 21.96%)
Value Research Online — public fund page as of 2026-08-27
AUM (Cr.)2072
Value Research Online — public fund page as of 2026-08-27
Total Expense Ratio - Direct Plan (%)0.98
Value Research Online — public fund page as of 2026-08-27
Riskometer (Scheme)Very High
Value Research Online — public fund page as of 2026-08-27
AMC Total AUM (Lakh Cr.)2.29
AMFI quarterly AAUM disclosure (Apr–Jun 2026), via RightAdvise aggregation of official AMFI figures as of 2026-06-30
Audit Log
MOM ∅ → 0 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH] No real return-vs-benchmark figure collected. Scored 0 (N/A).”
CON ∅ → 2 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH — MAJOR CORRECTION] Real Value Research rating is 1 out of 5 stars — the LOWEST possible rating — confirmed directly on the fund's own VR page, despite a 13-year manager tenure. Approved substitution: 1★ = 2.”
PQT ∅ → 5 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH] Real top-5 holdings: Larsen & Toubro 6.65%, Adani Energy 4.15%, NTPC 3.90%, Adani Ports 3.77%, Interglobe Aviation 3.49% (top-5 total 21.96%) — real, low concentration, but real exposure to Adani-group names carries documented governance-scrutiny history.”
FMQ ∅ → 5 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH] Real manager: Abhinav Sharma, managing since January 1, 2013 (~13.5 years) — a genuinely long tenure, but the real 1-star rating is direct evidence that this long tenure has not translated into strong independent results. Scored at neutral rather than high.”
VAL ∅ → 0 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH] No PE/PB evidence found. Scored 0 (N/A).”
STW ∅ → 5 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH] Real portfolio spans EPC, power transmission, ports, and aviation — a genuine infrastructure exposure, but the fund's own poor real rating tempers the tailwind read to neutral.”
DSP ∅ → 0 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH] No real drawdown evidence found. Scored 0 (N/A).”
OPP ∅ → 3 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH — MAJOR CORRECTION, analyst judgment] A real, credible, independent 1-star VR rating despite a long manager tenure is strong, unambiguous disconfirming evidence against a favorable forward view — scored accordingly, not defaulted to a mid-scale placeholder.”
THS ∅ → 3 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 8:56:20 AM
“[DEEP RESEARCH — MAJOR CORRECTION] The real, credible 1-star rating after 13 years under the same manager is genuine evidence that this fund's real execution of its infrastructure thesis has been weak relative to peers.”