Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 02-12-2024

₹ 19.09

1.1%

1D

Inception Returns

35.7%

/yr

About 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 . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has ₹633 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has given a CAGR return of 35.67% since inception. Over the last 1 year the fund has given a CAGR return of 37.26%.

Holdings

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Real Estate, Health, Basic Materials, Utilities, Tech, Consumer Cyclical, Energy, Communication. Its top holdings are BSE Ltd, Dixon Technologies (India) Ltd, Cummins India Ltd, Lupin Ltd, PB Fintech Ltd

Taxation

As it is a index funds 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of NIFTY Midcap 150 Momentum 50 Index (TRI), subject to tracking error

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 150.00. Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
9820 people have invested ₹ 9.3Cr in Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth in the last three months

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Overview

Expense ratio0.43%
Benchmark
Nifty Midcap 150 Momentum 50
AUM₹633 Cr
Inception Date20 October, 2022
Min Lumpsum/SIP₹5000/₹150
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
238.58%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (31-Oct-24)

  • Equity 100%

Mid cap
86.6%

Large cap
13.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Industrial
25.8%
Financial Services
16.8%
Real Estate
9.9%
Health
9.6%
Basic Materials
9.3%
Utilities
7.8%
Tech
7.4%
Consumer Cyclical
5.7%
Energy
5.1%
Communication
2.6%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.02%
0.99%
1.17%
Nifty 50
-6.17%
2.11%
0.90%
  • This fund’s returns stands at -6.02% whereas the fund’s underlying benchmark Nifty 50 returns stands at -6.17% as on Oct'24
  • This fund outperformed Nifty 50 by 0.15% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 618.8 Cr
₹ 618.8 Cr
₹ 574.6 Cr
  • AUM of the fund stands at 618.8 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
BSE Ltd's allocation increased from 4.46% to 5.76%
BSE Ltd's allocation increased from 4.46% to 5.76%
Dixon Technologies (India) Ltd's allocation increased from 4.97% to 5.4%
Dixon Technologies (India) Ltd's allocation increased from 4.97% to 5.4%
PB Fintech Ltd's allocation increased from 3.05% to 3.41%
PB Fintech Ltd's allocation increased from 3.05% to 3.41%
Top Stocks sold last month
Cummins India Ltd's allocation decreased from 4.42 % to 4.32 %
Cummins India Ltd's allocation decreased from 4.42 % to 4.32 %
Bharat Heavy Electricals Ltd's allocation decreased from 3.67 % to 3.33 %
Bharat Heavy Electricals Ltd's allocation decreased from 3.67 % to 3.33 %
Voltas Ltd's allocation decreased from 3.14 % to 2.99 %
Voltas Ltd's allocation decreased from 3.14 % to 2.99 %
Mid Cap allocation has gone up from 86.3% to 86.6%
Mid Cap allocation has gone up from 86.3% to 86.6%
Large Cap allocation has gone down from 13.8% to 13.6%
Large Cap allocation has gone down from 13.8% to 13.6%
Cash allocation has gone down from -0.1% to -0.2%
Cash allocation has gone down from -0.1% to -0.2%

Top 3 Sectors in October were Industrial, Financial Services & Real Estate

Oct'24
Industrial
26%
Financial Services
17%
Real Estate
10%
Sep'24
Industrial
27%
Financial Services
15%
Real Estate
10%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
52
52
52
Top 5 Company Concentration
22.6%
21%
20.8%
Company having highest exposure
BSE Ltd (5.8%)
Dixon Technologies (India) Ltd (5%)
Dixon Technologies (India) Ltd (4.8%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
71.4%
70.7%
69.8%
Sector having highest exposure
Industrial (25.8%)
Industrial (26.9%)
Industrial (27.1%)
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Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.87L Cr
as on 31-Oct-2024
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Website
kiran@tataamc.com

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth 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 an average annual returns of 35.67% since inception which is more than its category average return of 16.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.17% in Equity, 0% in Debt and -0.17% in Cash related instruments
AUM size ₹633 Cr

AUM size ₹633 Cr

This fund has AUM of ₹633 Cr which is less than its category average of ₹ 818 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions for Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

The current NAV of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is ₹19.09 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.21%
2.21%
6 Month Returns
7.46%
7.46%
1 Year Returns
37.26%
37.26%
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.
0.43% as on November 2024
₹633 Cr as on November 2024
BSE Ltd(5.76%), Dixon Technologies (India) Ltd(5.4%), Cummins India Ltd(4.32%), Lupin Ltd(3.72%), PB Fintech Ltd(3.41%) as on November 2024
Industrial(25.85%), Financial Services(16.81%), Real Estate(9.93%) as on November 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
22.82
-
-
As on November 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
0.07
-
-
As on November 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
2.01
-
-
As on November 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
13.32
-
-
As on November 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 Midcap 150 Momentum 50 Index Fund Direct Growth is 0.25%