Tata Mid Cap Growth Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 31-01-2025
₹ 454.9
▲1.6%
1D
Inception Returns
20.2%
/yr
About Tata Mid Cap Growth Fund Direct Growth
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.
Key Parameters
- Tata Mid Cap Growth Fund Direct Growth has ₹4529 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Tata Mid Cap Growth Fund Direct Growth has given a CAGR return of 20.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.77%, 19.80% and 23.16% respectively.
Holdings
Tata Mid Cap Growth Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Health, Consumer Cyclical, Basic Materials, Tech, Real Estate, Communication, Utilities, Energy, Consumer Defensive. Its top holdings are Muthoot Finance Ltd, Max Financial Services Ltd, Alkem Laboratories Ltd, Aurobindo Pharma Ltd, Jubilant Foodworks Ltd
Taxation
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.
Investment objective of Tata Mid Cap Growth Fund Direct Growth
To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks.
Minimum Investment and lockin period
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.
Historical NAV & Returns
Absolute
▲
▼
3806 people have invested ₹ 2.5Cr in Tata Mid Cap Growth Fund Direct Growth in the last three months
INDmoney Rank for Tata Mid Cap Growth Fund Direct Growth
Powered by IND quant engine
13
/19
32% Performance
44% Risk Management
71% Cost
13 out of 19 among mid-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Tata Mid Cap Growth Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹4529 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 37.22% |
| STCG | Selling mutual fund 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 |
Trailing Returns
as on (31-Jan-25)
Fund Distribution
as on (30-Nov-24)
Mid cap
70%
Small cap
18.9%
Large cap
5.5%
Sector Allocation
Industrial
26.1%
Financial Services
19.3%
Health
14.2%
Consumer Cyclical
11.6%
Basic Materials
9.1%
Tech
6.1%
Real Estate
5.6%
Communication
3.1%
Utilities
1.9%
Energy
1.9%
Consumer Defensive
1.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.28% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -0.54% as on Nov'24
- This fund outperformed Nifty Midcap 150 by 0.26% in Nov'24
- AUM of the fund stands at 4.5K Cr as of Dec'24
- AUM increased by 85.5 Cr between Dec'24 and Nov'24
Top Stocks sold last month
Jubilant Foodworks Ltd's allocation decreased from 5.26 % to 2.07 %
Mid Cap allocation has gone up from 68.8% to 70%
Large Cap allocation has gone down from 7.9% to 5.5%
Small Cap allocation has gone down from 19.2% to 18.9%
Cash allocation has gone up from 3.7% to 5.1%
Top 3 Sectors in December were Industrial, Financial Services & Health
Dec'24
Industrial
26%
Financial Services
19%
Health
14%
Nov'24
Industrial
26%
Financial Services
19%
Health
14%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Muthoot Finance Ltd | 3.4% |
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Satish Mishra
Fund Manager of Tata Mid Cap Growth Fund Direct Growth, since 9 March 2021
Top funds managed
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.9L Cr
as on 29-Nov-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 3 months, this fund has experienced a 2.3% drop in AUM moving from 4.63K Cr to 4.52K Cr.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.66% which is lower than the category average expense ratio of 1.12%.
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 31.17% return, outperforming this fund by 18.4%.
Over the last 1 year, this fund has decreased expense ratio by 24.1% moving from 0.87 to 0.66.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 29.69% return, outperforming this fund by 9.9% per annum.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 31.94% return, outperforming this fund by 8.78% per annum.
Tata Mid Cap Growth 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 20.19% since inception which is less than its category average return of 20.22%
Fund Allocations
This fund has an allocation of 94.88% in Equity, 0% in Debt and 5.12% in Cash related instruments
AUM size ₹4529 Cr
This fund has AUM of ₹4529 Cr which is less than its category average of ₹ 13276 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.23%
Frequently Asked Questions for Tata Mid Cap Growth Fund Direct Growth
The current NAV of Tata Mid Cap Growth Fund Direct Growth is ₹454.9 as on 31-Jan-2025.
Existing (Absolute + CAGR) as on 31-Jan-2025.
Tata Mid Cap Growth Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.51% | -5.51% |
6 Month Returns | -10.8% | -10.8% |
1 Year Returns | 12.77% | 12.77% |
3 Years Returns | 71.93% | 19.8% |
5 Years Returns | 183.35% | 23.16% |
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.
0.66% as on January 2025
₹4529 Cr as on January 2025
Muthoot Finance Ltd(3.3%), Max Financial Services Ltd(3.2%), Alkem Laboratories Ltd(3.11%), Aurobindo Pharma Ltd(2.95%), Jubilant Foodworks Ltd(2.85%) as on January 2025
Industrial(24.74%), Financial Services(18.28%), Health(13.44%) as on January 2025
The alpha ratio for the Tata Mid Cap Growth Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Mid Cap Growth Fund Direct Growth | 1.25 | 0.4 | 0.23 |
As on January 2025
The alpha for Tata Mid Cap Growth Fund Direct Growth is calculated against S&P BSE Midcap 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 Mid Cap Growth Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Mid Cap Growth Fund Direct Growth | 0.95 | 0.88 | 0.87 |
As on January 2025
The Beta for Tata Mid Cap Growth Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid Cap Growth Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata Mid Cap Growth Fund Direct Growth | 0.43 | 0.9 | 0.9 |
As on January 2025
The sharpe ratio for Tata Mid Cap Growth Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid Cap Growth Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata Mid Cap Growth Fund Direct Growth | 14.51 | 14.57 | 19.68 |
As on January 2025
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 1.65 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Satish Mishra is the fund manager of Tata Mid Cap Growth Fund Direct Growth
The Exit load of Tata Mid Cap Growth Fund Direct Growth is 1%