Tata Mutual Fund has announced fundamental changes to several of its schemes, with the modifications taking effect from August 26, 2026. According to reports from Tata Mutual Fund, the changes include renaming multiple schemes to better reflect their investment objectives. The Tata ELSS Fund will be renamed to Tata ELSS - Tax Saver Fund, while the Tata Floating Rate Fund will be rebranded as Tata Floating Interest Rates Fund. Additionally, Tata GSF will be renamed to Tata Gilt Fund, and Tata Short Term Bond Fund will be changed to Tata Short Term Fund.
The fund house has significantly increased the equity allocation across all schemes to 80-100% from the previous range of 65-100%. As reported by Tata Mutual Fund, this represents a substantial shift toward equity investments. The Tata Treasury Advantage Fund will see its equity allocation increased from 65-100% to 80-100%, while the Tata Short Term Bond Fund will see its equity allocation rise from 65-100% to 80-100%. The Tata GSF scheme will maintain its existing equity allocation of 65-100%.
The fund house has reduced the debt and money market instrument allocation across all schemes. According to Tata Mutual Fund, the Tata ELSS - Tax Saver Fund will see its debt allocation reduced from 0-35% to 0-20%, while the Tata Floating Interest Rates Fund will maintain its debt allocation at 0-20%. The Tata Treasury Advantage Fund will eliminate its debt allocation entirely, moving from 0-35% to 0%. Additionally, the Tata Treasury Advantage Fund will introduce commodities allocation of 0-20% in its revised structure.
The scheme changes will become effective from August 26, 2026, as reported by Tata Mutual Fund. These modifications represent a strategic shift toward higher equity exposure across the fund house's scheme portfolio, with the fund house stating that these changes are designed to better align with investor expectations and market conditions.
