Tata Nifty MidSmall Healthcare Index Fund Direct Growth
NAV as on 17-04-2025
₹ 11.97
▲0.6%
1D
Inception Returns
19.7%
/yr
Historical NAV & Returns
Absolute
▲
▼
1017 people have invested ₹ 41.2L in Tata Nifty MidSmall Healthcare Index Fund Direct Growth in the last three months
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 ₹133 Cr worth of assets under management (AUM) as on Mar 2025 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 19.74% since inception.
Holdings
Tata Nifty MidSmall Healthcare Index Fund Direct Growth has allocated its funds majorly in Health, Cash Equivalent. Its top holdings are Max Healthcare Institute Ltd Ordinary Shares, Lupin Ltd, Fortis Healthcare Ltd, Aurobindo Pharma Ltd, Mankind Pharma 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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.
Tata Nifty MidSmall Healthcare Index Fund Direct Growth Overview
| Expense ratio | 0.47% |
Benchmark | Nifty MidSmall Healthcare Index (TRI) |
| AUM | ₹133 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 (31-Mar-25)
Mid cap
66.3%
Small cap
31.8%
Sector Allocation
Health
100%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 10.06% whereas the fund’s underlying benchmark Nifty 50 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty 50 by 3.73% in Mar'25
- AUM of the fund stands at 133.5 Cr as of Mar'25
- AUM increased by 14.5 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Krishna Institute of Medical Sciences Ltd's allocation increased from 2.29% to 2.85%
Glenmark Pharmaceuticals Ltd's allocation increased from 3.93% to 4.22%
Aster DM Healthcare Ltd Ordinary Shares's allocation increased from 1.8% to 1.98%
Top Stocks sold last month
Max Healthcare Institute Ltd Ordinary Shares's allocation decreased from 14.84 % to 14.82 %
Lupin Ltd's allocation decreased from 9.38 % to 8.9 %
Aurobindo Pharma Ltd's allocation decreased from 6.04 % to 5.9 %
Mid Cap allocation has gone down from 67% to 66.3%
Small Cap allocation has gone down from 33.1% to 31.8%
Cash allocation has gone up from -0.1% to 0.1%
Top Sector in March was Health
Mar'25
Health
100%
Feb'25
Health
100%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Max Healthcare Institute Ltd Ordinary Shares | 14.82% | -0.1% | |
 Lupin Ltd | 8.9% | 0% | |
 Fortis Healthcare Ltd | 6.62% | -0.1% | |
 Aurobindo Pharma Ltd | 5.9% | -0.1% | |
 Mankind Pharma Ltd | 4.97% | 8.5% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | - | - | - | 19.74% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 15.05% | 13.86% | 21.46% | 13.14% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 8.76% | 11.98% | 21.92% | 12.91% |
 SBI Nifty Index Fund Direct Growth | 8.73% | 11.97% | 21.85% | 12.63% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Fortis Healthcare Ltd | 8% |
 Max Healthcare Institute Ltd | 6.6% |
Loading...
We are taking more time than usual
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.85L Cr
as on 31-Mar-2025
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 19.74% since inception (26th April 2024)
Fund Allocations
This fund has an allocation of 99.93% in Equity, 0% in Debt and 0.07% in Cash related instruments
AUM size ₹133 Cr
This fund has AUM of ₹133 Cr which is less than its category average of ₹ 771 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 0.55%
More funds from Tata
5Y CAGR
▲ 36.18
5Y CAGR
▲ 23.98
5Y CAGR
▲ 31.11
5Y CAGR
▲ 24.00
3Y CAGR
▲ 19.61
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 ₹11.97 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Tata Nifty MidSmall Healthcare Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.96% | 5.96% |
6 Month Returns | -3.62% | -3.62% |
1 Year Returns | 0% | 0% |
3 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.
0.47% as on March 2025
₹133 Cr as on March 2025
Max Healthcare Institute Ltd Ordinary Shares(14.82%), Lupin Ltd(8.9%), Fortis Healthcare Ltd(6.62%), Aurobindo Pharma Ltd(5.9%), Mankind Pharma Ltd(4.97%) as on March 2025
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 March 2025
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 March 2025
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 March 2025
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 March 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.
The Exit load of Tata Nifty MidSmall Healthcare Index Fund Direct Growth is 0.25%