Tata Midcap Growth Direct Plan-Growth
(Scheme Rating)
NAV as of Aug 30, 2024
506.801.11%
- Growth - Direct
(Earn upto 1.14% Extra Returns with Direct Plan)
Fund Category:
Equity: Mid Cap
Expense Ratio:
0.74%(0.62% Category
average)Fund Size:
Rs. 4,466.53 Cr(1.16% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Tata Midcap Growth Direct Plan-Growth
(Scheme Rating)
NAV as of Aug 30, 2024
506.801.11%
Expense Ratio:
0.74%
Fund Size:
Rs. 4,466.53 Cr
Fund Category:
Equity: Mid Cap
1. Current NAV: The Current Net Asset Value of the Tata Midcap Growth Fund - Direct Plan as of Aug 30, 2024 is Rs 506.80 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 48.01% (1yr), 26.11% (3yr), 29.71% (5yr) and 21.98% (since launch). Whereas, Category returns for the same time duration are: 51.46% (1yr), 25.89% (3yr) and 29.35% (5yr).
3. Fund Size: The Tata Midcap Growth Fund - Direct Plan currently holds Assets under Management worth of Rs 4466.53 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.74% for Direct plan as on Aug 19, 2024.
5. Exit Load: Tata Midcap Growth Fund - Direct Plan shall attract an Exit Load, "For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Tata Midcap Growth Direct Plan-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -0.62 12.10 24.84 48.40 25.35 29.79 Category Avg 0.76 14.49 24.74 50.04 25.09 29.35 Rank within Category 39 34 23 29 15 14 No. of funds within Category 47 47 47 45 31 25 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY Midcap 150 Total Return Index
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Tata Midcap Growth Direct Plan-Growth Fund Details
Investment Objective - The scheme seeks to provide income distribution and / or medium to long term capital gains. Investment would be focussed towards mid cap stocks.
Fund House | Tata Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | NIFTY Midcap 150 Total Return Index |
Return Since Launch | 22.07% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Below Average |
Return Grade | Average |
Tata Midcap Growth Direct Plan-Growth Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 64 | 63 | 61 | 62 | 60 | 61 |
Top 5 Company Holdings | 14.43% | 14.73% | 15.83% | 15.39% | 16.31% | 15.25% |
Top 10 Company Holdings | 26.34% | 26.94% | 27.44% | 27.44% | 28.67% | 27.93% |
Company with Highest Exposure | Aurobindo Pharma (3.21%) | Cummins India (3.5%) | Cummins India (3.43%) | Cummins India (3.42%) | Thermax (3.66%) | Thermax (3.28%) |
Number of Sectors | 17 | 16 | 16 | 16 | 16 | 16 |
Top 3 Sector Holdings | 41.4% | 43.82% | 43.49% | 43.54% | 42.84% | 44.0% |
Top 5 Sector Holdings | 58.17% | 60.07% | 60.31% | 59.46% | 58.93% | 60.08% |
Sector with Highest Exposure | Financial (17.63%) | Financial (17.39%) | Financial (16.7%) | Financial (16.74%) | Capital Goods (15.99%) | Financial (16.16%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Aurobindo Pharma Healthcare 3.21 26.11 60.10 88.60 Cummins India Capital Goods 3.19 56.79 65.94 115.88 Alkem Laboratories Healthcare 2.97 35.91 171.81 62.05 Muthoot Finance Financial 2.57 17.67 111.25 51.95 Max Financial Services Financial 2.49 97.70 11.00 11.61 PI Industries Chemicals 2.48 39.03 115.17 20.53 Thermax Capital Goods 2.47 74.20 58.93 55.42 JSW Infrastructure Services 2.35 - - - UNO Minda Automobile 2.33 74.35 15.79 85.83 AIA Engineering Metals & Mining 2.28 36.08 119.04 17.90
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Tata Midcap Growth Direct Plan-Growth 501.25 4,466.53 -0.62 48.40 25.35 29.79 Motilal Oswal Midcap Fund Direct-Growth 115.65 14,445.55 1.70 64.92 38.85 35.32 Quant Mid Cap Fund Direct-Growth 272.54 9,282.92 -2.23 57.40 33.19 39.44 Mahindra Manulife Mid Cap Fund Direct - Growth 38.52 3,165.98 0.44 57.92 30.39 33.66 Nippon India Growth Fund Direct- Growth 4,443.17 32,970.78 0.73 54.17 29.24 32.61
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
13.31VS14.20Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.87VS0.91Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.48VS1.36Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
22.72VS21.22Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
1.71VS0.33Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
25.21VS24.76Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
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Fund Manager
- S.C.Satish Chandra MishraSince Mar 20212 schemes
Mr. Mishra has done B.tech & PGDM Prior to joining TATA Mutual Fund, he has worked with HDFC Securities Ltd. and PINC Research.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Tata Hybrid Equity Fund Direct Plan-Growth Aggressive Hybrid 493.98 4,241.61 29.83 Tata Resources & Energy Fund Direct-Growth Thematic-Energy 52.98 Unrated 839.84 46.29
More Tata Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Tata Liquid Fund Direct-Growth | 21,011.58 | 0.60 | 1.87 | 3.76 | 7.37 | 5.77 | |
Tata Money Market Fund Direct-Growth | 18,756.93 | 0.65 | 2.00 | 4.05 | 7.74 | 6.22 | |
Tata Arbitrage Fund Direct - Growth | 11,828.86 | 0.72 | 2.15 | 4.44 | 8.53 | 6.37 | |
Tata Balanced Advantage Fund Direct - Growth | 9,275.70 | 2.81 | 6.10 | 10.77 | 23.10 | 14.65 | |
Tata Digital India Fund Direct-Growth | 9,223.32 | 4.40 | 1.60 | 5.97 | 34.79 | 15.62 | |
Tata Equity PE Fund Direct-Growth | 7,904.83 | 6.51 | 18.90 | 23.00 | 52.92 | 26.81 | |
Tata Large & Mid Cap Fund Direct Plan-Growth | 7,285.94 | 6.28 | 13.09 | 18.01 | 33.34 | 20.86 | |
Tata Small Cap Fund Direct - Growth | 7,083.38 | 5.53 | 23.80 | 21.50 | 46.04 | 29.63 | |
Tata ELSS Tax Saver Fund Direct-Growth | 4,199.87 | 7.90 | 14.75 | 15.66 | 37.23 | 21.06 | |
Tata Overnight Fund Direct - Growth | 3,907.60 | 0.56 | 1.67 | 3.36 | 6.84 | 5.42 |
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1. Tata Midcap Growth Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to Tata Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide income distribution and / or medium to long term capital gains. Investment would be focussed towards mid cap stocks. "
2. It is benchmarked against NIFTY Midcap 150 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.86% in equities, 0.0% in debts and 1.14% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 26.34% of the assets, the top 3 sectors constitute around 41.4% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Tata Midcap Growth Direct Plan-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Tata Midcap Growth Direct Plan-Growth
- Is it safe to invest in Tata Midcap Growth Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Tata Midcap Growth Fund - Direct Plan comes under Very High risk category.
- What is the category of Tata Midcap Growth Fund - Direct Plan?Tata Midcap Growth Fund - Direct Plan belongs to the Equity : Mid Cap category of funds.
- How Long should I Invest in Tata Midcap Growth Fund - Direct Plan?The suggested investment horizon of investing into Tata Midcap Growth Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Tata Midcap Growth Fund - Direct Plan?The Tata Midcap Growth Fund - Direct Plan is managed by Satish Chandra Mishra (Since Mar 09, 2021).
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