Equity
Direct
Index Funds
NAV as on 06-09-2024
₹ 214.2
1D
Inception Returns
13.7%
/yr
Tata BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sonam Udasi. The fund could potentially beat inflation in the long-run.
Tata BSE Sensex Index Fund Direct Growth has given a CAGR return of 13.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.31%, 12.71% and 17.87% respectively.
Tata BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Defensive, Consumer Cyclical, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, ITC 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 reflect/mirror the market returns with a minimum tracking error. The scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 150.00. Tata BSE Sensex Index Fund Direct Growth has no lock in period.
Expense ratio | 0.27% |
Benchmark | S&P BSE SENSEX TR INR |
AUM | ₹369 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹150 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 10.73% |
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-Jul-24)
Top 3 Sectors in July were Financial Services, Tech & Energy
Tata BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.45% | 3.45% |
6 Month Returns | 10.33% | 10.33% |
1 Year Returns | 24.31% | 24.31% |
3 Years Returns | 43.17% | 12.71% |
5 Years Returns | 127.53% | 17.87% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata BSE Sensex Index Fund Direct Growth | -0.34 | -0.34 | -0.29 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata BSE Sensex Index Fund Direct Growth | 1 | 0.99 | 0.98 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata BSE Sensex Index Fund Direct Growth | 1.72 | 0.66 | 0.73 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata BSE Sensex Index Fund Direct Growth | 10.91 | 11.91 | 18.08 |