Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 19-12-2024
₹ 19.24
1D
Inception Returns
37.1%
/yr
About Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is an equity fund. This fund was started on 20 October, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has ₹686 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has given a CAGR return of 37.14% since inception. Over the last 1 year the fund has given a CAGR return of 35.50%.
Holdings
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Real Estate, Basic Materials, Health, Tech, Utilities, Consumer Cyclical, Energy, Communication. Its top holdings are BSE Ltd, Dixon Technologies (India) Ltd, Cummins India Ltd, Lupin Ltd, PB Fintech 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 Midcap 150 Momentum 50 Index Fund Direct Growth
The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of NIFTY Midcap 150 Momentum 50 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 150.00. Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Overview
| Expense ratio | 0.43% |
Benchmark | Nifty Midcap 150 Momentum 50 |
| AUM | ₹686 Cr |
| Inception Date | 20 October, 2022 |
| Min Lumpsum/SIP | ₹5000/₹150 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 238.58% |
| 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 |
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 1.12% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 1.83% in Nov'24
- AUM of the fund stands at 632.7 Cr as of Nov'24
- AUM increased by 13.9 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Industrial, Financial Services & Real Estate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 BSE Ltd | 5.76% | 9% | |
 Dixon Technologies (India) Ltd | 5.4% | 9% | |
 Cummins India Ltd | 4.32% | 8.8% | |
 Lupin Ltd | 3.72% | 8.8% | |
 PB Fintech Ltd | 3.41% | 9% |
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 27.2% |
PB Fintech Ltd | 25.4% |
 BSE Ltd | 19.2% |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹686 Cr
Expense Ratio 0.43%
Frequently Asked Questions for Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.36% | 8.36% |
6 Month Returns | 6.01% | 6.01% |
1 Year Returns | 35.5% | 35.5% |
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 Midcap 150 Momentum 50 Index Fund Direct Growth | 22.82 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | 0.07 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | 2.01 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth | 13.32 | - | - |