Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl has ₹323 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 46.01% since inception. Over the last 1 year the fund has given a CAGR return of 73.06%.

Holdings

Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Basic Materials, Real Estate, Consumer Cyclical, Tech, Utilities, Communication. Its top holdings are REC Ltd, Power Finance Corp Ltd, Aurobindo Pharma Ltd, Bharat Heavy Electricals Ltd, Lupin 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 Payout Inc Dist cum Cap Wdrl

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 0.00 and for SIP is INR 0.00. Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
46 people have invested ₹ 1.7L in Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.31%
Benchmark
Nifty Midcap 150 Momentum 50
AUM₹323 Cr
Inception Date20 October, 2022
Min Lumpsum/SIP--/--
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
51.83%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.2%

  • Debt & Cash 0.8%

Mid cap
78.1%

Large cap
21%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
28.6%
Health
18.8%
Industrial
14.9%
Basic Materials
13.5%
Real Estate
9.3%
Consumer Cyclical
6.4%
Tech
4.1%
Utilities
3.9%
Communication
0.5%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Sailesh Jain
Sailesh Jain
Fund Manager of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl, since 20 October 2022

Tata Nifty Midcap 150 Momentum 50 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 an average annual returns of 46.01% since inception which is more than its category average return of 21.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.16% in Equity, 0% in Debt and 0.84% in Cash related instruments
AUM size ₹323 Cr

AUM size ₹323 Cr

This fund has AUM of ₹323 Cr which is less than its category average of ₹ 747 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹18.82 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.75%
4.75%
6 Month Returns
31.14%
31.14%
1 Year Returns
73.06%
73.06%
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 May 2024
₹323 Cr as on May 2024
REC Ltd(5.12%), Power Finance Corp Ltd(5.01%), Aurobindo Pharma Ltd(4.45%), Bharat Heavy Electricals Ltd(4.42%), Lupin Ltd(4.32%) as on May 2024
Financial Services(27.99%), Health(17.42%), Industrial(15.74%) as on May 2024
The alpha ratio for the Tata Nifty Midcap 150 Momentum 50 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 Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The alpha for Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl 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 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 Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The Beta for Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl 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 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 Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
3.6
-
-
As on May 2024
The sharpe ratio for Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl 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 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 Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
13.46
-
-
As on May 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 Payout Inc Dist cum Cap Wdrl
The Exit load of Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0.25%