Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

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NAV: ₹ 12.6 as on 29-09-2023

Fund Performance
zero opening, trading, fund transfer fee
897 people have invested ₹ 70.2L in Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth in the last three months

Fund Insights

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Over the last 1 month, this fund has experienced a 10.9% drop in AUM moving from 135.67 Cr to 120.87 Cr.

About the Fund

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

  1. Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has ₹121 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
  2. The fund has an expense ratio 0.3.

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Overview

Expense ratio
Expense ratio
0.32%
Benchmark
Benchmark
Nifty Midcap 150 Momentum 50
AUM
AUM
₹121 Cr
Inception Date
Inception Date
20 October, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹150
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
51.83%

Fund Distribution as on (31-Aug-23)

  • Equity 99.5%

  • Debt & Cash 0.5%

Size breakup

Mid cap
84.7%
Large cap
14.8%

Sector Allocation

Aug'23

Jul'23

Jun'23

Financial Services

27.3%

Industrial

26.7%

Consumer Cyclical

21.4%

Health

10.6%

Basic Materials

8.6%

Tech

2.8%

Utilities

1.6%

Real Estate

1%

Top Holdings of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth as on (31-Aug-23)

  • Equity

Equity Holdings50

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth: Monthly Changes Updates

All changes are between Jun'23 and Aug'23

Fund Performance

Aug'23
Jul'23
Jun'23
Fund Returns
4.02%
6.60%
4.17%
Nifty 50
-2.43%
2.23%
3.79%
  • This fund’s returns stands at 4.02% whereas the fund’s underlying benchmark Nifty 50 returns stands at -2.43% as on Aug'23
  • This fund outperformed Nifty 50 by 6.45% in Aug'23

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 120.9 Cr
₹ 135.7 Cr
₹ 75.7 Cr
  • AUM of the fund stands at 120.9 Cr as of Aug'23
  • AUM decreased by 14.8 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

Gainers & Losers in Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth portfolio Returns for the month of Aug

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Fund Manager

Sailesh Jain

Sailesh Jain

Fund Manager of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth, since 20 October 2022

Fund Highlights

Risk meter
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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 26.04% since inception (20nd Oct 2022)
Fund Allocations

Fund Allocations

This fund has an allocation of 99.51% in Equity, 0% in Debt and 0.49% in Cash related instruments
AUM size ₹121 Cr

AUM size ₹121 Cr

This fund has AUM of ₹121 Cr which is less than its category average of ₹ 554 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is ₹12.6 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.2%
6.2%
6 Month Returns
35.12%
35.12%
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.
0.32% as on August 2023
₹121 Cr as on August 2023
CG Power & Industrial Solutions Ltd(5.07%), TVS Motor Co Ltd(4.86%), Indian Hotels Co Ltd(4.84%), Power Finance Corp Ltd(4.71%), REC Ltd(4.44%) as on August 2023
Financial Services(27.19%), Industrial(26.59%), Consumer Cyclical(21.27%) as on August 2023
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 August 2023
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 August 2023
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
-
-
-
As on August 2023
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
-
-
-
As on August 2023
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%