September 10, 2025
RA Jainee
Tata Nifty Next 50 Index Fund
Tata Nifty Next 50 Index Fund snapshot
| NFO opens on | 12 September 2025 |
| NFO Closes on | 26 September 2025 |
| Min. Investment | Rs. 5000 |
| Plans | Growth, IDCW |
| Sahifund Concise Verdict (?) | This NFO may suit investors with a Very high risk appetite and 5+ year horizon, who are comfortable with all-cap, thematic equity exposure. Conservative investors or those seeking proven performance may be better served with established Flexicap funds. |
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Tata Nifty Next 50 Index Fund Open Date, Close Date?
NFO opens on September 12, 2025
NFO will close on September 26, 2025
Investment Strategy for this NFO?
The scheme seeks to passive investment in equity and equity related securities replicating the composition of the Nifty Next 50 Index, subject to tracking errors.
Basic Details
| Fund House | Tata Mutual Fund |
| Issue Open | 12 September 2025 |
| Issue Close | 26 September 2025 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
| Riskometer | Very High |
| Benchmark | NIFTY Next 50 TRI |
About Benchmark Index for this NFO?
The Nifty Next 50 Index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies.
Nifty Next 50 is computed using free float market capitalization method wherein the level of the index reflects total free float market value of all the stocks in the index relative to a particular base market capitalization value. Nifty Next 50 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Next 50 Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 50 |
| Launch Date | December 24, 1996 |
| Base Date | November 04, 1996 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Tata Nifty Next 50 Index Fund
1) Nitin Sharma
Education: MFM, BAF (Bachelor of Commerce Accounting & Finance)
Experience: Mr. Nitin Sharma joined Tata Asset Management in March 2025 as an Investment Dealer. He brings strong expertise in equity and ETF trading, gained from his previous roles at Share India Securities Ltd and Sharekhan Ltd, where he was part of their equity and ETF dealing teams.
He holds a master’s in financial management from Mumbai University and has a deep understanding of financial markets. From July 2025, he has also taken on the additional responsibility of Fund Manager – Index Funds.
2) Rakesh Prajapati
Education: Mr. Prajapati has done B.Com
Experience: Mr. Rakesh Prajapati is Assistant Fund Manager for Index Funds. He joined Tata Asset Management in June 2023 as a Senior Manager – Derivatives Dealer. He brings extensive experience in derivatives trading, having previously worked with ICICI Securities Ltd, Edelweiss Securities Ltd, and IDFC Securities Ltd, where he held key roles on the derivatives dealing desk.
With a strong background in market analysis and risk management, Rakesh plays a crucial role in optimizing derivative strategies. He holds a Bachelor of Commerce degree from Mumbai University and brings a deep understanding of financial markets to his role.
AMC
Tata Asset Management Private Ltd
Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai – 400021
Website: http://www.tatamutualfund.com
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for Tata Nifty Next 50 Index Fund @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Next 50 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -4.71 | -3.30 | -12.66 | 19.64 | 15.62 |
| Total Return | -4.35 | -2.57 | -11.84 | 20.62 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 19.02 | 17.78 | 25.57 |
| Beta (NIFTY 50) | 1.17 | 1.00 | 0.96 |
| Correlation (NIFTY 50) | 0.81 | 0.81 | 0.85 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 20.34 | 3.48 | 1.53 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| InterGlobe Aviation Ltd. | 4.89 |
| Hindustan Aeronautics Ltd. | 3.63 |
| Divi’s Laboratories Ltd. | 3.43 |
| TVS Motor Company Ltd. | 3.39 |
| Vedanta Ltd. | 3.15 |
| Avenue Supermarts Ltd. | 3.09 |
| Britannia Industries Ltd. | 3.03 |
| Indian Hotels Co. Ltd. | 2.94 |
| Varun Beverages Ltd. | 2.88 |
| Tata Power Co. Ltd. | 2.77 |
[A] Review of Benchmark Index – NIFTY Next 50 TRI
X
Insight:
Past Performance of Nitin Sharma
| Fund | Tata BSE Quality Index Fund | It’s Benchmark | Tata BSE Select Business Groups Index Fund | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 10-9-2025
Past Performance of Rakesh Prajapati
| Fund | Tata BSE Sensex Index Fund | It’s Benchmark | Tata Nifty200 Alpha 30 Index Fund | It’s Benchmark |
| 1 Year | -0.03 | -0.30 | — | — |
| 3 Year | 11.32 | 13.90 | — | — |
| 5 Year | 16.59 | 19.56 | — | — |
| 7 Year | 11.68 | 13.29 | — | — |
| 10 Year | 12.56 | 14.09 | — | — |
As on 10-9-2025
[B] Review of Fund Managers
Nitin Sharma
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Background: MFM, BAF (Bachelor of Commerce Accounting & Finance), He holds a master’s in financial management from Mumbai University and has a deep understanding of financial markets. From July 2025, he has also taken on the additional responsibility of Fund Manager – Index Funds.
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Track Record:
Rakesh Prajapati
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Background: B.Com, With a strong background in market analysis and risk management, Rakesh plays a crucial role in optimizing derivative strategies. He holds a Bachelor of Commerce degree from Mumbai University and brings a deep understanding of financial markets to his role.
-
Track Record:
Insight:
[C] Final Verdict – Should You Invest?
The fund will be a passive replication of the Nifty Next 50 Index — i.e., invest in securities in the same proportion as the index, subject to tracking error.
Taking a look at the Return Profile (historical for Nifty Next 50 funds in general), average returns have been in the neighborhood of 15% for 3 years, 27–28% over 5 years for this segment. Of course past returns are no guarantee.
Because it’s an index fund tracking Nifty Next 50, there’s no active selection of stocks beyond what the index mandates.
This tends to lead to lower transaction costs, lesser manager risk, and more transparency.
The Next 50 consists of companies that are not yet in the top 50 but often many of them have growth potential. If some of them move up into the top 50 or scale well, there could be good upside. For someone looking beyond the very largest companies, this offers an interesting exposure.
Although, during market corrections, they may fall more sharply.
Although this is a passive fund, replication is not perfect.
Cash holdings, delays in rebalancing, slippage, costs, transaction costs etc., will cause some deviation.
Taking a look at peers, DSP Nifty Next 50 Index Fund has given 3-year: return ~ 15.51% , 5-year: ~ 19.97%.
Navi Nifty Next 50 Index Fund has given 1-year return of -7.96% / -8.46%
This fund is suitable for someone who has a moderate to high risk tolerance and can stay invested for 5-7 years or more – wanting growth more than stability.
Sahifund Verdict:
X
Peer Comparison (?)
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Before diving into the fund, it is important to understand what Nifty Next 50 is.
1. The *Nifty Next 50 Index represents companies ranked 51 to 100 in terms of free-float market capitalization within the Nifty 100 universe.
2. These companies are potential candidates to enter the Nifty 50 in the future.
3. Think of them as “challengers” to the current market leaders.
4. They span across diverse industries—many of which are not part of the Nifty 50—offering broader exposure.
Is it good to invest in Tata Nifty Next 50 Index Fund NFO?
This Fund Full Details Link + Risk-o-meter
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