August 18, 2023
mayank
Tata Nifty Midcap 150 Momentum 50 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 11.6291
NAV IDCW: Rs 11.6291
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 is seeks to provide returns, before expenses, that commensurate with the performance of NIFTY Midcap 150 Momentum 50 Index (TRI), subject to tracking error.
Fund Manager:
1) Sailesh Jain
Education: Mr. Jain is a Commerce Graduate and an MBA.
Experience: Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt. Ltd. as Vice President and IIFL(India Infoline) as Vice President.
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 | 0.25% for redemption Within 90 days |
Basic Details
| Fund House | Tata Mutual Fund |
| Launch Date | 20-Oct-22 |
| Return Since Launch | 16.29% |
| Benchmark | NIFTY Midcap 150 Moment 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 136 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.32% |
| (As on 31-Jul-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 117.73% |
Tata Nifty Midcap 150 Momentum 50 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Tata Nifty Midcap 150 Momentum 50 Index Dir | 20.01 | 0.63 | 5.10 | 14.98 | 22.55 | — | — | — | — | — |
| S&P BSE 150 MidCap TRI | 19.73 | 0.26 | 4.44 | 16.04 | 21.99 | — | — | — | — | — |
| Equity: Mid Cap | 18.15 | 0.26 | 3.04 | 14.28 | 19.95 | — | — | — | — | — |
| Rank within category | 9 | 2 | 5 | 18 | 11 | — | — | — | — | — |
| Number of funds in category | 38 | 39 | 39 | 39 | 38 | 31 | 25 | 21 | 19 | 17 |
Tata Nifty Midcap 150 Momentum 50 Index 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 Nifty Midcap 150 Momentum 50 Index Dir | Unrated | — | — | — | 0.32 | 136 | 16.29 | 0.25 (90) | 9M | 117.73 |
| 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 Nifty Midcap 150 Momentum 50 Index Fund
| No. of Stocks | 50 |
| Top 10 Stocks | 43.06% |
| Top 5 Stocks | 23.92% |
| Top 3 Sectors | 56.89% |
| Portfolio P/B Ratio | 2.37 |
| Portfolio P/E Ratio | 18.93 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 47,540 | 38,181 |
| Giant (%) | — | 3.27 |
| Large (%) | 56.52 | 27.48 |
| Mid (%) | 43.48 | 66.73 |
| Small (%) | — | 5.73 |
| Tiny (%) | — | 0.31 |
Chanakya’s Mutual Fund Guidance For Tata Nifty Midcap 150 Momentum 50 Index 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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