Equity
Direct
Mid-Cap
NAV as on 06-09-2024
₹ 506.65
1D
Inception Returns
22.1%
/yr
Tata Mid Cap Growth Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Satish Mishra. The fund could potentially beat inflation in the long-run.
Tata Mid Cap Growth Fund Direct Growth has given a CAGR return of 22.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.75%, 24.64% and 30.08% respectively.
Tata Mid Cap Growth Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Health, Consumer Cyclical, Basic Materials, Real Estate, Tech, Communication, Consumer Defensive, Utilities, Energy. Its top holdings are Aurobindo Pharma Ltd, Cummins India Ltd, Alkem Laboratories Ltd, Muthoot Finance Ltd, Max Financial Services Ltd
As it is a mid-cap 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.
To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata Mid Cap Growth Fund Direct Growth has no lock in period.
Expense ratio | 0.73% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹4467 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 37.22% |
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 (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Industrial, Financial Services & Health
Tata Mid Cap Growth Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.08% | 5.08% |
6 Month Returns | 24.72% | 24.72% |
1 Year Returns | 44.75% | 44.75% |
3 Years Returns | 93.62% | 24.64% |
5 Years Returns | 272.5% | 30.08% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Mid Cap Growth Fund Direct Growth | 3.88 | 0.94 | 1.17 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Mid Cap Growth Fund Direct Growth | 0.85 | 0.84 | 0.87 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata Mid Cap Growth Fund Direct Growth | 2.78 | 1.36 | 1.21 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata Mid Cap Growth Fund Direct Growth | 12.2 | 13.35 | 19.22 |