Tata Nifty India Tourism Index Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Portfolio Turnover Ratio : 54.95%. Category average turnover ratio is 39.76%. Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 99.98% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.98%

No of Stocks : 17 (Category Avg - 54.37) | Large Cap Investments : 19.99%| Mid Cap Investments : 23.45% | Small Cap Investments : 19.16% | Other : 37.38%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	17	76.28
Top 5 Stock Weight	71.05%	37.21%
Top 10 Stock Weight	90.41%	54.41%
Top 3 Sector Weight	73.66%	34.22%

Category - Index Funds/ETFs

Particulars	This Scheme	Category
Average mcap (Cr)	16368.37	113148.29
Holdings in large cap stocks	19.99%	50.9%
Holdings in mid cap stocks	23.45%	15.68%
Holdings in small cap stocks	19.16%	8.49%

Category - Index Funds/ETFs

Top 10 Stocks holding in Portfolio (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Indian Hotels Company Limited	Hotels & resorts	633.1	20.44%	0.36%	24.62% (Dec 2024)	18.07% (May 2025)	8.53 L	-0.59 L
InterGlobe Aviation Ltd.	Airline	619.4	19.99%	-0.13%	22.23% (Feb 2025)	18.97% (Dec 2024)	1.10 L	-7.65 k
GMR Airports Ltd.	Airport & airport services	404.5	13.06%	0.80%	14.62% (Apr 2025)	11.73% (Dec 2024)	43.05 L	-2.99 L
Jubilant Foodworks Ltd.	Restaurants	282.4	9.12%	-0.41%	12.73% (Jan 2025)	9.12% (Oct 2025)	4.72 L	-0.33 L
Indian Railway Catering and Tourism Corporation Ltd.	Tour, travel related services	261.6	8.44%	0.12%	11.75% (Jan 2025)	8.32% (Sep 2025)	3.64 L	-0.25 L
ITC Hotels Ltd	Hotels & resorts	243.8	7.87%	-0.47%	8.34% (Sep 2025)	0% (Nov 2024)	11.24 L	-0.78 L
Lemon Tree Hotels Ltd.	Hotels & resorts	99.1	3.20%	-0.06%	3.72% (Aug 2025)	2.82% (Nov 2024)	6.00 L	-0.42 L
EIH Ltd	Hotels & resorts	93.2	3.01%	0.20%	3.75% (Jan 2025)	2.81% (Sep 2025)	2.39 L	-0.17 L
Chalet Hotels Ltd.	Hotels & resorts	81.8	2.64%	-0.04%	3.26% (Aug 2025)	2.6% (Jan 2025)	86.18 k	-5.98 k
Sapphire Foods India Ltd.	Restaurants	81.7	2.64%	-0.10%	3.75% (Feb 2025)	2.64% (Oct 2025)	2.86 L	-0.20 L

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 31st Oct,2025)

None
Sector
M-Cap

Help me understand this table

Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
Indian Hotels Company Limited	Hotels & resorts	39.33	633.1	20.44%	0.36%	24.62% (Dec 2024)	18.07% (May 2025)	8.53 L	-0.59 L	Mid Cap	23.45
InterGlobe Aviation Ltd.	Airline	19.99	619.4	19.99%	-0.13%	22.23% (Feb 2025)	18.97% (Dec 2024)	1.10 L	-7.65 k	Large Cap	19.99
GMR Airports Ltd.	Airport & airport services	13.06	404.5	13.06%	0.80%	14.62% (Apr 2025)	11.73% (Dec 2024)	43.05 L	-2.99 L	Small Cap	19.16
Jubilant Foodworks Ltd.	Restaurants	14.34	282.4	9.12%	-0.41%	12.73% (Jan 2025)	9.12% (Oct 2025)	4.72 L	-0.33 L	Other	37.38
Indian Railway Catering and Tourism Corporation Ltd.	Tour, travel related services	10.36	261.6	8.44%	0.12%	11.75% (Jan 2025)	8.32% (Sep 2025)	3.64 L	-0.25 L	Other	37.38
ITC Hotels Ltd	Hotels & resorts	39.33	243.8	7.87%	-0.47%	8.34% (Sep 2025)	0% (Nov 2024)	11.24 L	-0.78 L	Other	37.38
Lemon Tree Hotels Ltd.	Hotels & resorts	39.33	99.1	3.20%	-0.06%	3.72% (Aug 2025)	2.82% (Nov 2024)	6.00 L	-0.42 L	Small Cap	19.16
EIH Ltd	Hotels & resorts	39.33	93.2	3.01%	0.20%	3.75% (Jan 2025)	2.81% (Sep 2025)	2.39 L	-0.17 L	Mid Cap	23.45
Chalet Hotels Ltd.	Hotels & resorts	39.33	81.8	2.64%	-0.04%	3.26% (Aug 2025)	2.6% (Jan 2025)	86.18 k	-5.98 k	Other	37.38
Sapphire Foods India Ltd.	Restaurants	14.34	81.7	2.64%	-0.10%	3.75% (Feb 2025)	2.64% (Oct 2025)	2.86 L	-0.20 L	Other	37.38
Devyani International Ltd.	Restaurants	14.34	80	2.58%	-0.13%	3.41% (Feb 2025)	2.58% (Oct 2025)	4.94 L	-0.34 L	Other	37.38
TBO TEK Ltd.	Tour, travel related services	10.36	59.6	1.92%	-0.08%	2.05% (Jun 2025)	0.93% (Nov 2024)	40.18 k	-2.79 k	Other	37.38
BLS International Services Ltd.	Diversified commercial services	1.48	46	1.48%	-0.06%	2.5% (Jan 2025)	1.48% (Oct 2025)	1.46 L	-0.10 L	Small Cap	19.16
D B Realty Ltd.	Residential, commercial projects	1.42	44	1.42%	-0.14%	2.53% (Jun 2025)	0% (Nov 2024)	2.95 L	-0.20 L	Small Cap	19.16
Schloss Bangalore Ltd.	Hotels & resorts	39.33	32.7	1.06%	0.04%	1.06% (Oct 2025)	0% (Nov 2024)	75.44 k	-5.24 k	Other	37.38
Ventive Hospitality Ltd.	Hotels & resorts	39.33	23	0.74%	0.03%	0.74% (Oct 2025)	0% (Nov 2024)	31.13 k	-2.16 k	Other	37.38
Advent Hotels International Pvt.Ltd.	Hotels & resorts	39.33	11.5	0.37%	-0.02%	0.39% (Sep 2025)	0% (Nov 2024)	35.66 k	0.00	Other	37.38

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No new entrants in the portfolio in the last month.

Stocks removed from Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
InterGlobe Aviation Ltd.	19.99%	20.12%	20.40%	21.09%	21.03%	20.70%	20.26%	20.68%	22.23%	19.82%	18.97%	19.19%	19.13%
Indian Hotels Company Limited	20.44%	20.08%	19.76%	19.06%	19.30%	18.07%	18.37%	19.24%	19.36%	19.07%	24.62%	23.43%	21.52%
GMR Airports Ltd.	13.06%	12.26%	13.92%	-	-	-	-	-	-	-	-	-	-
GMR Airports Infrastructure Ltd.	-	-	-	14.38%	13.42%	14.18%	14.62%	13.30%	12.79%	12.34%	11.73%	13.07%	13.42%
Jubilant Foodworks Ltd.	9.12%	9.53%	10.82%	11.16%	11.79%	11.73%	12.72%	12.38%	12.28%	12.73%	11.41%	10.78%	10.37%
Indian Railway Catering and Tourism Corporation Ltd.	8.44%	8.32%	9.46%	9.80%	10.41%	10.73%	10.60%	10.74%	10.39%	11.75%	9.88%	10.78%	11.69%
ITC Hotels Ltd	7.87%	8.34%	-	-	-	-	-	-	-	-	-	-	-
EIH Ltd	3.01%	2.81%	3.58%	3.33%	3.23%	3.45%	3.43%	3.43%	3.50%	3.75%	3.74%	3.55%	3.67%
Sapphire Foods India Ltd.	2.64%	2.74%	3.51%	3.35%	3.43%	3.53%	3.49%	3.40%	3.75%	3.23%	3.00%	3.12%	3.31%
Lemon Tree Hotels Ltd.	3.20%	3.26%	3.72%	3.32%	3.06%	3.23%	3.16%	3.10%	3.08%	3.18%	3.14%	2.82%	2.74%
Devyani International Ltd.	2.58%	2.71%	3.18%	2.94%	2.98%	3.17%	3.36%	2.93%	3.41%	3.21%	3.05%	2.91%	3.21%
Chalet Hotels Ltd.	2.64%	2.68%	3.26%	2.90%	2.90%	3.07%	2.63%	2.86%	2.69%	2.60%	2.88%	2.77%	2.92%
Westlife Development Ltd.	-	-	2.21%	2.21%	2.23%	2.14%	2.13%	2.33%	2.38%	2.33%	2.24%	2.25%	2.43%
BLS International Services Ltd.	1.48%	1.54%	2.01%	2.06%	1.97%	2.32%	2.01%	2.36%	2.11%	2.50%	2.34%	1.98%	2.18%
D B Realty Ltd.	1.42%	1.56%	1.87%	2.03%	2.53%	2.22%	1.99%	1.81%	-	-	-	-	-