April 4, 2024
mayank
Tata Nifty500 Multicap Infrastructure 50:30:20 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 Nifty500 Multicap Infrastructure 50:30:20 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 is to provide returns, before expenses, that are in line with the performance of Nifty500 Multicap Infrastructure 50:30:20 Index (TRI), subject to tracking error.
Basic Details
| Fund House | Tata Mutual Fund |
| Issue Open | 08 April 2024 |
| Issue Close | 22 April 2024 |
| Type | Open-ended |
| Category | Equity: Sectoral-Infrastructure |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | |
| Riskometer | Very High |
| Benchmark | Nifty500 Multicap Infrastructure 50:30:20 TRI |
What is the Benchmark Index?
The Nifty500 Multicap Infrastructure 50:30:20 Index aims to track the performance of select large cap, mid cap and small cap stocks from the Nifty 500 index that represent the infrastructure theme. The weight of the stocks is based on each stock’s free-float market capitalization with overall weight to the large cap segment fixed at 50%, mid cap segment fixed at 30% and small cap segment fixed at 20%. Stock weights are capped at 10% at the time of index rebalancing
Nifty500 Multicap Infrastructure 50:30:20 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty500 Multicap Infrastructure 50:30:20 Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 9.98 | 9.98 | 59.83 | 23.63 | 14.29 |
| Total Return | 10.14 | 10.14 | 61.14 | 25.23 | 15.82 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 11.29 | 19.12 | 22.46 |
| Beta (NIFTY 50) | 0.88 | 0.89 | 0.96 |
| Correlation (NIFTY 50) | 0.78 | 0.89 | 0.92 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 23.87 | 3.65 | 1.04 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Reliance Industries Ltd. | 10.02 |
| Larsen & Toubro Ltd. | 9.67 |
| Bharti Airtel Ltd. | 6.68 |
| NTPC Ltd. | 3.75 |
| Power Grid Corporation of India Ltd. | 3.03 |
| Max Healthcare Institute Ltd. | 2.91 |
| UltraTech Cement Ltd. | 2.69 |
| Indian Hotels Co. Ltd. | 2.56 |
| Oil & Natural Gas Corporation Ltd. | 2.43 |
| Adani Ports and Special Economic Zone Ltd. | 2.28 |
Performance Review of the Fund Manager of Tata Nifty500 Multicap Infrastructure 50:30:20 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 Nifty500 Multicap Infrastructure 50:30:20 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 Nifty500 Multicap Infrastructure 50:30:20 Index Fund NFO?
Guidance for Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund by Paresh Gordhandas, C.A., Research Analyst.
Based on the same principal as the Tata Nifty 500 Multicap Manufacturing 50:30:20 Index Fund. But if you have not read that article, explaining the same below :
The name seems long and complicated. But let’s break it up for you.
1. Based on India’s manufacturing sector.
2. 50% weightage to large cap stocks, 30% weightage to midcap stocks and 20% weightage to small cap stocks.
3. This selection is done from the Nifty 500 Index that represent the infrastructure theme.
The Index comprises of companies like Reliance Industries, L&T, ONGC, Bharti Airtel, PowerGrid etc. All companies which are the bedrock for the development of the Indian economy.
This is also a passive fund and the Fund Manager does not have to select the stocks. He only has to mirror the stock selection and weightage of the Benchmark Index.
We recommend you invest a small percentage of your portfolio in this Fund if you have not already invested in any other Infra sector fund.
The other funds in this category include the HDFC Infrastructure Fund, ICICI Prudential Infrastructure Fund, ABSL Infrastructure Fund, Invesco India Infrastructure Fund, Quant Infrastructure Fund etc. However, these are not Index Funds.
>> 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
https://sahifund.com/tata-nifty500-multicap-india-manufacturing-503020-index-fund/