Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 16.39 as on 24-04-2024
Fund Performance
2920 people have invested ₹ 2.9Cr in Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth in the last three months
About the Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is an equity fund. This fund was started on 20 October, 2022. The fund is managed by Sailesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has ₹216 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Overview
 | 0.31% |
 Benchmark | Nifty Midcap 150 Momentum 50 |
 | ₹216 Cr |
 | 20 October, 2022 |
 | ₹5000/₹150 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 51.83% |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Mid cap
97.2%
Small cap
1.8%
Sector Allocation
Financial Services
28.2%
Health
19.6%
Industrial
14.2%
Basic Materials
13.2%
Real Estate
9%
Consumer Cyclical
6.7%
Tech
4.9%
Utilities
3.8%
Communication
0.5%
Top Holdings of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth as on (31-Mar-24)
Equity Holdings50
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.48% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty 50 by 1.53% in Mar'24
AUM Change
- AUM of the fund stands at 196.8 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 39.2% |
 Max Healthcare Institute Ltd | 16.9% |
 Solar Industries India Ltd | 16.1% |
Top Losers | 1M Return |
|---|---|
 Persistent Systems Ltd | -2.1% |
Power Finance Corporation Ltd | 1.4% |
 NMDC Ltd | 16.3% |
Peer Analysis
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Fund Manager
Sailesh Jain
Fund Manager of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth, since 20 October 2022
Top funds managed
Tata Nifty Midcap 150 Momentum 50 Index 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 37.67% since inception which is more than its category average return of 19.5%
Fund Allocations
This fund has an allocation of 98.92% in Equity, 0% in Debt and 1.08% in Cash related instruments
AUM size ₹216 Cr
This fund has AUM of ₹216 Cr which is less than its category average of ₹ 689 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is ₹16.39 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.5% | 4.5% |
6 Month Returns | 33.04% | 33.04% |
1 Year Returns | 69.81% | 69.81% |
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.
0.31% as on March 2024
₹216 Cr as on March 2024
Lupin Ltd(4.96%), REC Ltd(4.83%), Aurobindo Pharma Ltd(4.59%), Power Finance Corp Ltd(4.46%), Bharat Heavy Electricals Ltd(4.11%) as on March 2024
Financial Services(27.89%), Health(19.39%), Industrial(14.03%) as on March 2024
The alpha ratio for the Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | - | - | - |
As on March 2024
The alpha for Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is calculated against Nifty Midcap 150 Momentum 50. 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 Midcap 150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | - | - | - |
As on March 2024
The Beta for Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Momentum 50. 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 Midcap 150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | 3.58 | - | - |
As on March 2024
The sharpe ratio for Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Momentum 50. 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 Midcap 150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | 13.23 | - | - |
As on March 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.
Sailesh Jain is the fund manager of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
The Exit load of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is 0.25%