August 18, 2023
mayank
Tata Midcap Growth Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 333.5081
NAV IDCW: Rs 110.0883
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide income distribution and / or medium to long term capital gains. Investment would be focused towards mid cap stocks.
Fund Manager:
2) 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.
2) Satish Chandra Mishra
Education: Mr. Mishra has done B.tech & PGDM
Experience: Prior to joining TATA Mutual Fund, he has worked with HDFC Securities Ltd. and PINC Research.
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) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 12% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of Tata Midcap Growth Fund
| Fund House | Tata Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 19.66% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,315 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.93% |
| (As on 31-Jul-2023) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 68.25% |
Tata Midcap Growth Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Tata Midcap Growth Dir | 22.27 | 0.42 | 5.73 | 16.54 | 23.34 | 22.85 | 30.94 | 18.44 | 16.96 | 22.94 |
| S&P BSE 150 MidCap TRI | 19.73 | 0.26 | 4.44 | 16.04 | 21.99 | 20.86 | 32.31 | 16.15 | 16.99 | 21.71 |
| Equity: Mid Cap | 18.15 | 0.26 | 3.04 | 14.28 | 19.95 | 18.62 | 30.28 | 16.26 | 15.89 | 22.26 |
| Rank within category | 5 | 9 | 2 | 7 | 4 | 5 | 13 | 6 | 8 | 6 |
| Number of funds in category | 38 | 39 | 39 | 39 | 38 | 31 | 25 | 21 | 19 | 17 |
Tata Midcap Growth 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 Midcap Growth Dir | 3 star | 22.85 | 30.94 | 18.44 | 0.93 | 2,315 | 19.66 | 1.00 (365) | 10Y 7M | 68.25 |
| HDFC Mid-Cap Opp Dir | 4 star | 29.18 | 34.49 | 17.29 | 0.88 | 45,449 | 20.46 | 1.00 (365) | 10Y 7M | 12.16 |
| Kotak Emrgng Eqt Dir | 4 star | 17.19 | 32.57 | 18.77 | 0.38 | 31,389 | 20.28 | 1.00 (365) | 10Y 7M | 2.28 |
| Nippon Ind Growth Dir | 4 star | 22.31 | 32.61 | 19.17 | 1.02 | 17,350 | 17.49 | 1.00 (30) | 10Y 7M | 39.00 |
| SBI Magnum Midcap Dir | 4 star | 15.84 | 34.39 | 18.50 | 0.90 | 11,809 | 19.52 | 1.00 (365) | 10Y 7M | 12.00 |
Portfolio Analysis of Tata Midcap Growth Fund
| No. of Stocks | 58 |
| Top 10 Stocks | 30.17% |
| Top 5 Stocks | 16.96% |
| Top 3 Sectors | 45.59% |
| Portfolio P/B Ratio | 3.10 |
| Portfolio P/E Ratio | 27.47 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 33,818 | 38,181 |
| Giant (%) | 2.93 | 3.27 |
| Large (%) | 21.16 | 27.48 |
| Mid (%) | 71.15 | 66.73 |
| Small (%) | 4.76 | 5.73 |
| Tiny (%) | — | 0.31 |
Chanakya’s Mutual Fund Guidance For Tata Midcap Growth Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
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