Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth

Tata Nifty500 Multicap India Manufacturing 50:30:20 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.

1. Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth has ₹115 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth has given a CAGR return of -4.21% since inception.

Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Health, Industrial, Basic Materials, Energy, Tech. Its top holdings are Reliance Industries Ltd, Mahindra & Mahindra Ltd, Sun Pharmaceuticals Industries Ltd, Maruti Suzuki India Ltd, Tata Motors Ltd

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to provide returns, before expenses, that is commensurate with the performance of Nifty500 Multicap India Manufacturing 50:30:20 Index (TRI), subject to tracking error. 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 Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth has no lock in period.