Equity
Direct
Index Funds
NAV as on 02-12-2024
₹ 19.09
▲1.1%
1D
Inception Returns
35.7%
/yr
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.
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%.
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
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 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.
Expense ratio | 0.43% |
Benchmark | Nifty Midcap 150 Momentum 50 |
AUM | ₹633 Cr |
Inception Date | 20 October, 2022 |
Min Lumpsum/SIP | ₹5000/₹150 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 238.58% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (31-Oct-24)
Top 3 Sectors in October were Industrial, Financial Services & Real Estate
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | 22.82 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | 0.07 | - | - |
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 | - | - |
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 | - | - |