Tata BSE Sensex Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 06-09-2024
₹ 214.2
1D
Inception Returns
13.7%
/yr
About the Fund
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.
Key Parameters
- Tata BSE Sensex Index Fund Direct Growth has ₹369 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
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.
Holdings
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
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 BSE Sensex Index Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Annualised
▲
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1240 people have invested ₹ 40.3L in Tata BSE Sensex Index Fund Direct Growth in the last three months
INDmoney Rank
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IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
3Y returns in the bottom 25% of the category
Fund Overview
| 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 |
Fund Distribution
as on (31-Jul-24)
Large cap
99.7%
Sector Allocation
Financial Services
36.1%
Tech
14.9%
Energy
10.9%
Consumer Defensive
8.4%
Consumer Cyclical
8.3%
Industrial
6%
Basic Materials
5.3%
Communication
4.3%
Utilities
3.8%
Health
2%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.48% whereas the fund’s underlying benchmark Nifty 50 returns stands at 3.35% as on Jul'24
- This fund outperformed Nifty 50 by 0.13% in Jul'24
- AUM of the fund stands at 354.6 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 6.22% to 7.22%
ITC Ltd's allocation increased from 4.32% to 4.89%
Tata Consultancy Services Ltd's allocation increased from 4.35% to 4.75%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 14.03 % to 13.03 %
Reliance Industries Ltd's allocation decreased from 11.72 % to 10.9 %
ICICI Bank Ltd's allocation decreased from 9.33 % to 9.14 %
Cash allocation has gone down from 0.5% to 0.3%
Top 3 Sectors in July were Financial Services, Tech & Energy
Jul'24
Financial Services
36%
Tech
15%
Energy
11%
Jun'24
Financial Services
38%
Tech
13%
Energy
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 13.03% | 0.5% | |
 Reliance Industries Ltd | 10.9% | 0.5% | |
 ICICI Bank Ltd | 9.14% | 0.5% | |
 Infosys Ltd | 7.22% | 1.1% | |
 ITC Ltd | 4.89% | 1% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 10.4% |
 Tata Consultancy Services Ltd | 7.3% |
 Bharti Airtel Ltd | 7.2% |
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Sonam Udasi
Fund Manager of Tata BSE Sensex Index Fund Direct Growth, since 1 April 2016
Top funds managed
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.04L Cr
as on 31-Jul-2024
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Website
kiran@tataamc.com
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 20.7% growth in AUM moving from 305.36 Cr to 368.52 Cr.
In the last 1 year, Motilal Oswal BSE Enhanced Value Index Fund Direct Growth has given 74.14% return, outperforming this fund by 49.83%.
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 19.4% return, outperforming this fund by 6.69% per annum.
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 23.59% return, outperforming this fund by 5.72% per annum.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.27% which is lower than the category average expense ratio of 0.34%.
Tata BSE Sensex 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 an average annual returns of 13.74% since inception which is less than its category average return of 22.57%
Fund Allocations
This fund has an allocation of 99.71% in Equity, 0% in Debt and 0.29% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 839 Cr
Expense Ratio 0.27%
This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.52%
Frequently Asked Questions
The current NAV of Tata BSE Sensex Index Fund Direct Growth is ₹214.2 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
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% |
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0.27% as on August 2024
₹369 Cr as on August 2024
HDFC Bank Ltd(13.03%), Reliance Industries Ltd(10.9%), ICICI Bank Ltd(9.14%), Infosys Ltd(7.22%), ITC Ltd(4.89%) as on August 2024
Financial Services(35.96%), Tech(14.86%), Energy(10.9%) as on August 2024
The alpha ratio for the Tata BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata BSE Sensex Index Fund Direct Growth | -0.34 | -0.34 | -0.29 |
As on August 2024
The alpha for Tata BSE Sensex Index Fund Direct Growth is calculated against S&P BSE SENSEX TR INR. 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 BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata BSE Sensex Index Fund Direct Growth | 1 | 0.99 | 0.98 |
As on August 2024
The Beta for Tata BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX TR INR. 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 BSE Sensex 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 BSE Sensex Index Fund Direct Growth | 1.72 | 0.66 | 0.73 |
As on August 2024
The sharpe ratio for Tata BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX TR INR. 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 BSE Sensex 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 BSE Sensex Index Fund Direct Growth | 10.91 | 11.91 | 18.08 |
As on August 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.
Sortino ratio is 1.19 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sonam Udasi is the fund manager of Tata BSE Sensex Index Fund Direct Growth
The Exit load of Tata BSE Sensex Index Fund Direct Growth is 0.25%