Tata AIA Top 200 Fund Delivers Consistent Outperformance Across Multiple Time Horizons, Reinforcing the Power of Long-Term Investing
For investors, the real test of any equity fund isn’t its strategy on paper — it’s what it has actually done for their money over time. On that measure, the Tata AIA Top 200 Fund has a track record worth noting: as of 31 July 2026, it has consistently outperformed its benchmark, not in a single good year, but across every major time horizon three years, five years, seven years, and since its inception in January 2009.
These numbers reflect a broader story: the Tata AIA Top 200 Fund, an actively managed equity fund available under Tata AIA Life Insurance’s Unit Linked Insurance Plans (ULIPs), has outperformed its benchmark, the S&P BSE 200, consistently not just in one good year, but across multiple time horizons. Recognising this consistent performance, global rating agency Morningstar has awarded the fund a 5-star rating.
This is not an isolated result — it reflects Tata AIA’s consistent outperformance across its broader portfolio. As of June 2026, Top Funds of Tata AIA’s rated assets under management hold a 4- or 5-star Morningstar rating, placing the overwhelming majority of its funds among the highest-rated in their category.
Performance Highlights (as of 31 July 2026)
5-Year CAGR: 16.47%, compared to the benchmark’s 10.67%
Since Inception (12 January 2009) CAGR: 18.27%, compared to the benchmark’s 14.31%
Morningstar Rating: 5-Star, – as of July 2026, Category- Equity
Consistency, not a One-Off: Rolling Returns
A single good year can happen by chance. Consistency across market cycles is harder to achieve — and it’s where the fund’s rolling returns make the stronger case:
| Rolling Period | Tata AIA Top 200 Fund | S&P BSE 200 (Benchmark) |
| 3-Year | 23.8% | 15.2% |
| 5-Year | 23.8% | 15.2% |
| 7-Year | 21.8% | 13.2% |
Because rolling returns measure performance from many different starting points rather than a single fixed date, they show whether outperformance is a genuine pattern or a one-off. Here, the fund has stayed ahead of its benchmark across every window measured.
(*Average monthly rolling rate of return over last 10 year period)
What This Has Meant for Investors
Here’s what that outperformance has looked like in rupee terms: a hypothetical investment of ₹1,00,000 made in the fund five years ago would be worth approximately ₹2,14,300 today, based on the fund’s 5-year CAGR of 16.47%. The same ₹1,00,000 invested at the fund’s inception in January 2009 would have grown to approximately ₹17.3 lakh over the fund’s ~17-year history, based on its since-inception CAGR of 18.27%.
Because rolling returns measure performance from many different starting points rather than a single fixed date, they show whether outperformance is a genuine pattern or a one-off. Here, the fund has stayed ahead of its benchmark across every window measured.
(*Average monthly rolling rate of return over last 10 year period)
What This Has Meant for Investors
Here’s what that outperformance has looked like in rupee terms: a hypothetical investment of ₹1,00,000 made in the fund five years ago would be worth approximately ₹2,14,300 today, based on the fund’s 5-year CAGR of 16.47%. The same ₹1,00,000 invested at the fund’s inception in January 2009 would have grown to approximately ₹17.3 lakh over the fund’s ~17-year history, based on its since-inception CAGR of 18.27%.
| If Invested | Period | Approx. Value Today* | Fund CAGR | Benchmark CAGR |
| At inception (Jan 2009) | ~17 years | ₹17,30,000 | 18.27% | 14.31% |
| 5 years ago | 5 years | ₹2,14,300 | 16.47% | 10.67% |
SFIN: Top 200 Fund ULIF 027 12/01/09 ITT 110
Performance Data: As of 31 July 2026. Returns above one year are calculated as CAGR.
Benchmark: S&P BSE 200.
Past performance is not indicative of future performance.
