August 16, 2023
mayank
Tata Ethical Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 348.0437
NAV IDCW: Rs 191.0600
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The fund aims to provide medium to long term capital gains by investing in Sharia compliant equity and equity related instruments of well researched value and growth oriented companies.
Fund Manager:
1) Abhinav Sharma
Education: Mr. Sharma holds B.Tech degree from IIT Kharagpur & PGDCM from IIM Calcutta.
Experience: Prior to joining Tata Mutual Fund he has worked with Taurus mutual fund, ING Vysya Life Insurance as Sr. Manager (Investments), Edelweiss Securities as Manager (Research & Investments) & ICICI Lombard General Insurance as Investment Manager.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 150 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption Within 90 days |
Basic Details of Tata Ethical Fund
| Fund House | Tata Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 15.70% |
| Benchmark | NIFTY 500 Shariah TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,804 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.90% |
| (As on 30-Jun-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 9.19% |
Tata Ethical Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Tata Ethical Dir | 14.43 | -0.29 | 1.46 | 9.05 | 13.46 | 12.57 | 24.25 | 15.46 | 14.00 | 16.40 |
| S&P BSE 500 TRI | 9.61 | -0.19 | 0.54 | 9.22 | 13.16 | 12.02 | 23.77 | 13.03 | 14.06 | 15.79 |
Tata Ethical Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Tata Ethical Dir | Unrated | 12.57 | 24.25 | 15.46 | 0.90 | 1,804 | 15.70 | 0.50 (90) | 10Y 7M | 9.19 |
| ICICI Pru Business Cycle Dir | Unrated | 19.62 | — | — | 0.63 | 6,407 | 21.51 | 1.00 (30) | 2Y 6M | 50.00 |
| Sundaram Services Dir | Unrated | 15.63 | 30.72 | — | 0.78 | 2,754 | 21.24 | 1.00 (365) | 4Y 10M | 26.00 |
| HDFC Business Cycle Dir | Unrated | — | — | — | 0.55 | 2,721 | 11.65 | 1.00 (365) | 8M | — |
Portfolio Analysis of Tata Ethical Fund
| No. of Stocks | 55 |
| Top 10 Stocks | 37.25% |
| Top 5 Stocks | 24.51% |
| Top 3 Sectors | 51.40% |
| Portfolio P/B Ratio | 6.76 |
| Portfolio P/E Ratio | 39.49 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 92,399 | 1,19,685 |
| Giant (%) | 33.78 | 43.35 |
| Large (%) | 25.86 | 24.47 |
| Mid (%) | 39.02 | 25.73 |
| Small (%) | 1.33 | 11.47 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Tata Ethical Fund
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
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