FAQ : Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan

Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 63.38 N/A N/A N/A
Average Rolling Returns(%) 50.69 N/A N/A N/A

The Current NAV of Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan is ₹15.80.

It is better to invest in a fund with a longer track record as Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Midcap150 Momentum 50 - TRI returns, as Funds portfolio is significantly different.

Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.32%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan is currently ₹197 Crores.

The Top three stocks are Lupin, REC and Power Finance Corp and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 23% and 39% of fund’s portfolio respectively.

Top three sectors of Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan fund are BFSI, Healthcare and Construction & Infrastructure accounting for 60% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Other.

Sailesh Jain manages the Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan Fund.

Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan current PE ratio is 37.27 and PB ratio is 6.78

The asset allocation of Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan is Stocks : 99.51%, Debt : 0.51% and Gold : 0%

The minimum SIP amount for Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan is ₹150.00 and minimum lumpsum is ₹5000.00

The exit load for Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan is 0.25% on or before 90 days, Nil after 90 days

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