Tata Large & Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
About the Fund
Tata Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Chandraprakash Padiyar, Meeta Shetty. The fund could potentially beat inflation in the long-run.
Key Parameters
- Tata Large & Mid Cap Fund Direct Growth has ₹7968 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Tata Large & Mid Cap Fund Direct Growth has given a CAGR return of 17.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.74%, 21.03% and 22.08% respectively.
Holdings
Tata Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Health, Communication, Energy, Tech, Utilities. Its top holdings are HDFC Bank Ltd, Varun Beverages Ltd, Reliance Industries Ltd, State Bank of India, ICICI Bank Ltd
Taxation
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Tata Large & Mid Cap Fund Direct Growth
To provide income distribution and / or medium to long term capital gains while at all times emphasizing the importance of capital appreciation. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata Large & Mid Cap Fund Direct Growth has no lock in period.
Fund Performance
3091 people have invested ₹ 1.9Cr in Tata Large & Mid Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
19
/21
38% Performance
43% Risk Management
67% Cost
19 out of 21 among large & mid-cap
Lower volatility within category
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Underperforms benchmarks during bull run
Fund Overview
| Expense ratio | 0.72% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹7968 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 10.58% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
42.9%
Mid cap
40.5%
Small cap
11.8%
Sector Allocation
Financial Services
31.8%
Industrial
14.4%
Consumer Cyclical
11.9%
Basic Materials
11.5%
Consumer Defensive
8.1%
Health
6.3%
Communication
5.2%
Energy
5.2%
Tech
4.8%
Utilities
0.8%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 LIC Housing Finance Ltd | 5% |
Chandraprakash Padiyar
Fund Manager of Tata Large & Mid Cap Fund Direct Growth, since 3 September 2018
Top funds managed
Meeta Shetty
Fund Manager of Tata Large & Mid Cap Fund Direct Growth, since 1 November 2019
Top funds managed
Mutual Fund Insights
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.68% return, outperforming this fund by 9.6% per annum.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.72% which is lower than the category average expense ratio of 1.2%.
Over the last 1 year, this fund has decreased expense ratio by 18.2% moving from 0.88 to 0.72.
Over the last 6 months, this fund has experienced a 28.8% growth in AUM moving from 6.18K Cr to 7.96K Cr.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.57% return, outperforming this fund by 10.54% per annum.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 63.99% return, outperforming this fund by 32.25%.
Tata Large & Mid Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.78% since inception which is less than its category average return of 17.98%
Fund Allocations
This fund has an allocation of 95.15% in Equity, 0% in Debt and 4.85% in Cash related instruments
AUM size ₹7968 Cr
This fund has AUM of ₹7968 Cr which is more than its category average of ₹ 7161 Cr
Expense Ratio 0.72%
This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Tata Large & Mid Cap Fund Direct Growth is ₹591.33 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Tata Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.44% | 1.44% |
6 Month Returns | 18.87% | 18.87% |
1 Year Returns | 31.74% | 31.74% |
3 Years Returns | 77.3% | 21.03% |
5 Years Returns | 171.15% | 22.08% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.72% as on June 2024
₹7968 Cr as on June 2024
HDFC Bank Ltd(9.09%), Varun Beverages Ltd(5.55%), Reliance Industries Ltd(4.91%), State Bank of India(4.37%), ICICI Bank Ltd(3.84%) as on June 2024
Financial Services(30.25%), Industrial(13.66%), Consumer Cyclical(11.37%) as on June 2024
The alpha ratio for the Tata Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Large & Mid Cap Fund Direct Growth | -6.02 | 1.2 | -0.55 |
As on June 2024
The alpha for Tata Large & Mid Cap Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Tata Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Large & Mid Cap Fund Direct Growth | 0.96 | 0.84 | 0.92 |
As on June 2024
The Beta for Tata Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Tata Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata Large & Mid Cap Fund Direct Growth | 2.06 | 1.24 | 0.83 |
As on June 2024
The sharpe ratio for Tata Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Tata Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata Large & Mid Cap Fund Direct Growth | 11.49 | 11.86 | 18.82 |
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.48 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Chandraprakash Padiyar, Meeta Shetty are the fund managers of Tata Large & Mid Cap Fund Direct Growth
The Exit load of Tata Large & Mid Cap Fund Direct Growth is 1%