June 6, 2025
mayank
Tata Nifty Midcap 150 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Tata Nifty Midcap 150 Index Fund Open Date, Close Date?
NFO opens on June 02, 2025
NFO will close on June 16, 2025
Investment Strategy for this NFO?
The scheme seeks to provide returns, before expenses, that commensurate with the performance of Nifty Midcap 150 Index (TRI), subject to tracking error.
Basic Details
| Fund House | Tata Mutual Fund |
| Issue Open | 02 June 2025 |
| Issue Close | 16 June 2025 |
| Type | Open-ended |
| Category | Equity: Mid 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 Midcap 150 TRI |
About Benchmark Index for this NFO?
Nifty Midcap 150 represents the next 150 companies (companies ranked 101-250) based on full market capitalisation from Nifty 500. This index intends to measure the performance of mid market capitalisation companies.
The Nifty Midcap 150 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Midcap 150 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Midcap 150 Total Returns Index
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 150 |
| Launch Date | April 01, 2016 |
| Base Date | April 01, 2005 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Tata Nifty Midcap 150 Index Fund
1) Kapil Menon
Education: Mr. Kapil holds a Bachelor of Commerce degree (B.Com) from Mumbai University.
Experience: Mr. Kapil Menon is a seasoned investment professional who has been with Tata Asset Management since 2006, starting his journey in the Investment Team.
Demonstrating his expertise and versatility, he was entrusted with the additional responsibilities of an Equity Dealer in 2021.
Further from April 2024 he was assigned the role as Fund Manager for Index Funds. Prior to his tenure at Tata Asset Management, Mr. Kapil worked at CRISIL Ltd, where he contributed to the Financial Sector Ratings team.
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 Midcap 150 Index Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY Midcap 150 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 3.94 | -6.00 | 5.19 | 31.01 | 16.04 |
| Total Return | 3.96 | -5.88 | 5.73 | 31.98 | 17.41 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 20.21 | 17.33 | 21.09 |
| Beta (NIFTY 50) | 1.11 | 0.91 | 0.84 |
| Correlation (NIFTY 50) | 0.82 | 0.80 | 0.84 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 34.01 | 4.93 | 0.81 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| BSE Ltd. | 2.63 |
| Max Healthcare Institute Ltd. | 2.49 |
| Suzlon Energy Ltd. | 2.04 |
| Dixon Technologies (India) Ltd. | 1.93 |
| Persistent Systems Ltd. | 1.73 |
| Indus Towers Ltd. | 1.65 |
| PB Fintech Ltd. | 1.64 |
| Lupin Ltd. | 1.54 |
| Coforge Ltd. | 1.48 |
| Federal Bank Ltd. | 1.47 |
Note on Benchmark Performance:
The scheme seeks to provide returns that commensurate with the performance of Nifty Midcap 150 Index. Nifty Midcap 150 represents the next 150 companies (companies ranked 101-250) based on full market capitalisation from Nifty 500. This index intends to measure the performance of mid market capitalisation companies. This midcap focused index has provided return of 31.98% p.a. during last 5 years. and the index has strong potential of high returns in the coming months.
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Kapil Menon
| Fund | Tata Nifty Realty Index Fund | It’s Benchmark | Tata BSE Sensex Index Fund | It’s Benchmark |
| 1 Year | -7.16 | 7.09 | 8.93 | 8.56 |
| 3 Year | — | — | 14.93 | 17.40 |
| 5 Year | — | — | 21.13 | 23.60 |
| 7 Year | — | — | 13.63 | 14.46 |
| 10 Year | — | — | 12.37 | 13.36 |
As on 29-05-2025
Past Performance of Rakesh Prajapati
| Fund | Tata Nifty Auto Index Fund | It’s Benchmark | Tata Nifty 50 Index Fund | It’s Benchmark |
| 1 Year | -1.89 | 7.09 | 8.60 | 8.56 |
| 3 Year | — | — | 15.37 | 17.40 |
| 5 Year | — | — | 21.63 | 23.60 |
| 7 Year | — | — | 13.30 | 14.46 |
| 10 Year | — | — | 12.01 | 13.36 |
As on 29-5-2025
Note on Fund Managers’ Performance
Fund managers play a critical role in steering investment strategies, much like pilots navigating through varying market conditions. This NFO is managed by three experienced professionals; however, the historical performance of the schemes previously managed by them has been relatively modest. While their experience is notable, past outcomes have not been particularly strong. Investors should factor this into their decision-making, while also considering that this ETF offers limited scope for active fund management, as it primarily tracks an index.
[ C ] My Review
For the investors, who prefer to take some risk and invest in growth oriented midcap stocks, can invest in this NFO. The fund managers will have limited discretion in stock selection, as the portfolio will mirror the underlying index. Given the promising outlook for the midcap stocks and the passive nature of the index, we believe this New Fund Offer (NFO) presents a compelling investment opportunity. We recommend considering this NFO with a medium-term investment horizon of at least 3 years.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Tata Nifty Midcap 150 Index Fund NFO?
NFO PPT – Tata Nifty Midcap 150 Index Fund
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