Tata Nifty MidSmall Healthcare Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 10.05 as on 02-05-2024
About the Fund
Tata Nifty MidSmall Healthcare Index Fund Direct Growth is an equity fund. This fund was started on 26 April, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Tata Nifty MidSmall Healthcare Index Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Fund Performance
224 people have invested ₹ 39.9L in Tata Nifty MidSmall Healthcare Index Fund Direct Growth in the last three months
Overview
 | -- |
 Benchmark | Nifty MidSmall Healthcare Index (TRI) |
 | ₹0 Cr |
 | 26 April, 2024 |
 | ₹5000/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 0% |
Peer Analysis
Tata Nifty MidSmall Healthcare 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 returns of 0.83% since inception (26nd Apr 2024)
Frequently Asked Questions
The current NAV of Tata Nifty MidSmall Healthcare Index Fund Direct Growth is ₹10.05 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
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.
The alpha ratio for the Tata Nifty MidSmall Healthcare Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Tata Nifty MidSmall Healthcare Index Fund Direct Growth is calculated against Nifty MidSmall Healthcare Index (TRI). 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 MidSmall Healthcare Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Tata Nifty MidSmall Healthcare Index Fund Direct Growth is calculated with Nifty MidSmall Healthcare Index (TRI). 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 MidSmall Healthcare 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 MidSmall Healthcare Index Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Tata Nifty MidSmall Healthcare Index Fund Direct Growth is calculated with Nifty MidSmall Healthcare Index (TRI). 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 MidSmall Healthcare 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 MidSmall Healthcare Index Fund Direct Growth | - | - | - |
As on April 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 MidSmall Healthcare Index Fund Direct Growth is 0.25%