Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl

Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl

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Equity
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Index Funds
NAV: ₹ 10.07 as on 17-05-2024

About the Fund

Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 26 April, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹33 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 10K in Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
IISL Nifty Financial Services TR INR
AUM
AUM
₹33 Cr
Inception Date
Inception Date
26 April, 2024
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Size breakup

Large cap
91.9%
Mid cap
7.5%
Small cap
0.4%
Sector Allocation

Apr'24

Mar'24

Financial Services
100%

Top Holdings of Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl as on (30-Apr-24)

  • Equity

Equity Holdings20

Gainers & Losers Returns for the month of Dec

Top Growth Drivers
1M Return
Axis Bank Ltd
Axis Bank Ltd
11.5%
ICICI Bank Ltd
ICICI Bank Ltd
7.1%

Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 0.67% since inception (26nd Apr 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 99.89% in Equity, 0% in Debt and 0.11% in Cash related instruments
AUM size ₹33 Cr

AUM size ₹33 Cr

This fund has AUM of ₹33 Cr which is less than its category average of ₹ 723 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹10.07 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.34% as on April 2024
₹33 Cr as on April 2024
HDFC Bank Ltd(31.09%), ICICI Bank Ltd(21.96%), Axis Bank Ltd(9%), State Bank of India(8.62%), Kotak Mahindra Bank Ltd(6.5%) as on April 2024
The alpha ratio for the Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on April 2024
The alpha for Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against IISL Nifty Financial Services 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 Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on April 2024
The Beta for Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty Financial Services 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 Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on April 2024
The sharpe ratio for Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty Financial Services 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 Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on April 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.
The Exit load of Tata Nifty Financial Services Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0.25%