Tata Nifty MidSmall Healthcare Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 19-12-2024
₹ 12.67
▲0.6%
1D
Inception Returns
28.4%
/yr
About Tata Nifty MidSmall Healthcare Index Fund Direct Growth
Tata Nifty MidSmall Healthcare Index Fund Direct Growth is an equity fund. This fund was started on 26 April, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Tata Nifty MidSmall Healthcare Index Fund Direct Growth has ₹123 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Tata Nifty MidSmall Healthcare Index Fund Direct Growth has given a CAGR return of 28.42% since inception.
Holdings
Tata Nifty MidSmall Healthcare Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health. Its top holdings are Max Healthcare Institute Ltd Ordinary Shares, Lupin Ltd, Aurobindo Pharma Ltd, Fortis Healthcare Ltd, Alkem Laboratories 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 MidSmall Healthcare Index Fund Direct Growth
The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty MidSmall Healthcare 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 100.00. Tata Nifty MidSmall Healthcare Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
1040 people have invested ₹ 53.1L in Tata Nifty MidSmall Healthcare Index Fund Direct Growth in the last three months
Tata Nifty MidSmall Healthcare Index Fund Direct Growth Overview
| Expense ratio | 0.48% |
Benchmark | Nifty MidSmall Healthcare Index (TRI) |
| AUM | ₹123 Cr |
| Inception Date | 26 April, 2024 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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)
Mid cap
65.1%
Small cap
30.8%
Large cap
4.4%
Sector Allocation
Health
100%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -1.55% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund underperformed Nifty 50 by 0.84% in Nov'24
- AUM of the fund stands at 121.2 Cr as of Nov'24
- AUM increased by 7.4 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Krishna Institute of Medical Sciences Ltd's allocation increased from 2.29% to 2.38%
Small Cap allocation has gone up from 29.9% to 30.8%
Mid Cap allocation has gone down from 65.7% to 65.1%
Large Cap allocation has gone down from 4.5% to 4.4%
Cash allocation has gone down from -0.1% to -0.2%
Top Sector in November was Health
Nov'24
Health
100%
Oct'24
Health
100%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Laurus Labs Ltd | 15.9% |
 Biocon Ltd | 6.4% |
 Syngene International Ltd | 1% |
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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
Tata Nifty MidSmall Healthcare 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 returns of 28.42% since inception (26th April 2024)
Fund Allocations
This fund has an allocation of 100.23% in Equity, 0% in Debt and -0.23% in Cash related instruments
AUM size ₹123 Cr
This fund has AUM of ₹123 Cr which is less than its category average of ₹ 824 Cr
Expense Ratio 0.48%
This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions for Tata Nifty MidSmall Healthcare Index Fund Direct Growth
The current NAV of Tata Nifty MidSmall Healthcare Index Fund Direct Growth is ₹12.67 as on 19-Dec-2024.
Existing (Absolute + CAGR) as on 19-Dec-2024.
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.91% | 5.91% |
6 Month Returns | 22.41% | 22.41% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.48% as on November 2024
₹123 Cr as on November 2024
Max Healthcare Institute Ltd Ordinary Shares(13.48%), Lupin Ltd(9.4%), Aurobindo Pharma Ltd(6.97%), Fortis Healthcare Ltd(5.8%), Alkem Laboratories Ltd(5.39%) as on November 2024
The alpha ratio for the Tata Nifty MidSmall Healthcare Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |
As on November 2024
The alpha for Tata Nifty MidSmall Healthcare Index Fund Direct Growth is calculated against Nifty MidSmall Healthcare Index (TRI). 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 Nifty MidSmall Healthcare Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |
As on November 2024
The Beta for Tata Nifty MidSmall Healthcare Index Fund Direct Growth is calculated with Nifty MidSmall Healthcare Index (TRI). 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 Nifty MidSmall Healthcare 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 Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |
As on November 2024
The sharpe ratio for Tata Nifty MidSmall Healthcare Index Fund Direct Growth is calculated with Nifty MidSmall Healthcare Index (TRI). 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 Nifty MidSmall Healthcare 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 Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - |
As on November 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.
The Exit load of Tata Nifty MidSmall Healthcare Index Fund Direct Growth is 0.25%