Tata Nifty MidSmall Healthcare Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 04-10-2024
₹ 12.27
1D
Inception Returns
22.7%
/yr
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 ₹90 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Tata Nifty MidSmall Healthcare Index Fund Direct Growth has given a CAGR return of 22.70% since inception.
Holdings
Tata Nifty MidSmall Healthcare Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health. Its top holdings are Max Healthcare Institute Ltd Ordinary Shares, Lupin Ltd, Aurobindo Pharma Ltd, Alkem Laboratories Ltd, Fortis Healthcare 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Tata Nifty MidSmall Healthcare Index Fund Direct Growth
The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty MidSmall Healthcare 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 100.00. Tata Nifty MidSmall Healthcare Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.34% |
Benchmark | Nifty MidSmall Healthcare Index (TRI) |
| AUM | ₹90 Cr |
| Inception Date | 26 April, 2024 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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 |
Fund Distribution
as on (31-Aug-24)
Top Growth Drivers | 1M Return |
|---|---|
 Max Healthcare Institute Ltd | 4.6% |
 Piramal Pharma Ltd | 4.4% |
 Fortis Healthcare Ltd | 3.6% |
Tata Nifty MidSmall Healthcare Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.34%
Frequently Asked Questions
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.86% | -0.86% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
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Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |