March 27, 2024
mayank
Tata Nifty Realty Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Tata Nifty Realty Index Fund Open Date, Close Date?
NFO opens on April 08, 2024
NFO will close on April 22, 2024
What is the Investment Strategy?
The scheme seeks to provide returns, before expenses, that commensurate with the performance of Nifty Realty (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.
Basic Details
| Fund House | Tata Mutual Fund |
| Issue Open | 08 April 2024 |
| Issue Close | 22 April 2024 |
| Type | Open-ended |
| Category | Equity: Thematic |
| 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 Realty TRI |
What is the Benchmark Index of Tata Nifty Realty Index Fund?
Nifty Realty Index is designed to reflect the behaviour and performance of Real Estate companies. The Index comprises of 10
companies listed on National Stock Exchange of India (NSE).
Nifty Realty 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 Realty 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 Realty Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 16.28 | 16.28 | 131.57 | 31.65 | -0.54 |
| Total Return | 16.30 | 16.30 | 132.4 | 32.19 | 0.03 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 21.68 | 30.21 | 39.92 |
| Beta (NIFTY 50) | 1.16 | 1.10 | 1.40 |
| Correlation (NIFTY 50) | 0.53 | 0.70 | 0.75 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 56.97 | 5.79 | 0.25 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| DLF Ltd. | 29.17 |
| Macrotech Developers Ltd. | 14.13 |
| Godrej Properties Ltd. | 13.75 |
| Phoenix Mills Ltd. | 12.90 |
| Prestige Estates Projects Ltd. | 8.23 |
| Oberoi Realty Ltd. | 7.87 |
| Brigade Enterprises Ltd. | 6.28 |
| Sobha Ltd | 2.84 |
| Swan Energy Ltd. | 2.67 |
| Mahindra Lifespace Developers Ltd. | 2.16 |
Performance Review of the Fund Manager of Tata Nifty Realty Index Fund?
1) Kapil Menon
Education: Mr. Menon has done B.Com
Experience: He has been working with Tata Mutual Fund since 2006.
Past Performance of his Schemes
Which Company Owns Tata Nifty Realty Index Fund?
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
Is it good to invest in Tata Nifty Realty Index Fund NFO?
Guidance for Tata Nifty Realty Index Fund by Paresh Gordhandas, C.A., Research Analyst.
After a decade of lacklustre performance, India’s real estate sector is seeing an uprising due to a variety of factors like increasing urbanisation, affordability, government initiatives, availability of finance etc.
The Tata Nifty Realty Index Fund is based on the Nifty Realty Index which was launched in 2007. The performance of this Index has been very volatile with deep troughs and turbulent highs. What needs to be kept in mind is that the Index comprises of only ten companies. Real estate as a sector is cyclical. And while currently the cycle is in a good phase you need to be ready to get out before it enters its downswing. Keeping that in mind, we recommend you can invest a very small amount of your portfolio in this fund.
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks