Tata Nifty MidSmall Healthcare Index Fund Direct -...
NAV as of Aug 30, 2024
12.241.39%
(Earn upto 0.75% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Pharma
Expense Ratio:
0.34%(0.76% Category
average)Fund Size:
Rs. 67.01 Cr(0.26% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Tata Nifty MidSmall Healthcare Index Fund Direct - IDCW
NAV as of Aug 30, 2024
12.241.39%
Expense Ratio:
0.34%
Fund Size:
Rs. 67.01 Cr
Fund Category:
Equity: Sectoral-Pharma
1. Current NAV: The Current Net Asset Value of the Tata Nifty MidSmall Healthcare Index Fund - Direct Plan as of Aug 30, 2024 is Rs 12.24 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 21.09% (since launch). Whereas, Category returns for the same time duration are: 51.51% (1yr), 18.32% (3yr) and 29.3% (5yr).
3. Fund Size: The Tata Nifty MidSmall Healthcare Index Fund - Direct Plan currently holds Assets under Management worth of Rs 67.01 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.34% for Direct plan as on Aug 06, 2024.
5. Exit Load: Tata Nifty MidSmall Healthcare Index Fund - Direct Plan shall attract an Exit Load, "Exit load of 0.25%, if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Tata Nifty MidSmall Healthcare Index Fund Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 7.15 24.04 - - - - Category Avg 6.48 23.72 23.19 54.67 17.70 28.44 Rank within Category 5 7 - - - - No. of funds within Category 20 20 19 15 10 7 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkS&P BSE Sensex
Choose from Benchmarks
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Tata Nifty MidSmall Healthcare Index Fund Direct - IDCW Fund Details
Investment Objective - The scheme seeks to provide returns, before expenses, that are in line with the performance of Nifty MidSmall Healthcare Index (TRI), subject to tracking error.
Fund House | Tata Mutual Fund |
Launch Date | Apr 26, 2024 |
Benchmark | Nifty MidSmall Healthcare Total Return Index |
Return Since Launch | 22.37% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Tata Nifty MidSmall Healthcare Index Fund Direct - IDCW 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 Exit load of 0.25%, if redeemed within 15 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | |
---|---|---|---|---|
Number of Holdings | 31 | 31 | 30 | 30 |
Top 5 Company Holdings | 41.03% | 41.29% | 40.66% | 41.09% |
Top 10 Company Holdings | 59.34% | 58.72% | 58.8% | 59.8% |
Company with Highest Exposure | Max Healthcare Institute (13.48%) | Max Healthcare Institute (14.91%) | Max Healthcare Institute (12.83%) | Max Healthcare Institute (14.06%) |
Number of Sectors | 1 | 1 | 1 | 1 |
Top 3 Sector Holdings | 100.04% | 98.7% | 99.48% | 99.7% |
Top 5 Sector Holdings | 100.04% | 98.7% | 99.48% | 99.7% |
Sector with Highest Exposure | Healthcare (100.04%) | Healthcare (98.7%) | Healthcare (99.48%) | Healthcare (99.7%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Max Healthcare Institute Healthcare 13.48 - - - Lupin Healthcare 9.13 45.13 49.64 99.85 Aurobindo Pharma Healthcare 7.98 26.11 60.10 88.60 Alkem Laboratories Healthcare 5.27 35.91 171.81 62.05 Fortis Healthcare Healthcare 5.17 63.79 8.65 61.08 Glenmark Pharmaceuticals Healthcare 4.34 -37.27 -46.47 123.55 Mankind Pharma Healthcare 3.7 - - - Laurus Labs Healthcare 3.61 171.03 2.75 17.07 Ipca Laboratories Healthcare 3.48 60.91 22.73 53.93 Biocon Healthcare 3.18 27.27 13.17 37.16
![Discover Mutual Funds](/https/economictimes.indiatimes.com/photo/msid-100097201,quality-100/discover-mf.jpg)
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 Nifty MidSmall Healthcare Index Fund Direct - IDCW 12.24 Unrated 67.01 7.15 - - - SBI Healthcare Opportunities Fund Direct Plan-IDCW 318.04 2,979.52 5.47 46.46 21.18 30.98 ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct-IDCW 26.69 4,500.25 7.07 62.56 22.19 33.14 Tata India Pharma & Healthcare Fund Direct-IDCW 35.49 1,056.02 7.09 58.11 21.01 30.51 UTI Healthcare Fund Direct-IDCW 242.84 1,088.63 7.44 57.14 19.57 30.25
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Tata Mutual Fund News
- NFO Tracker: Tata Mutual Fund launches Nifty200 Alpha 30 Index Fund
- Fund Manager Talk | Not shifting focus from active to passive, says Tata MF
- NFO Watch: Tata Nifty India Tourism Index Fund is open for subscription. Key things to know
- NFO Watch: Tata Mutual Fund launches Tata Nifty India Tourism Index Fund
Fund Manager
- K.M.Kapil MenonSince Apr 20247 schemes
Mr. Menon has done B.Com He has been working with Tata Mutual Fund since 2006
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Tata Nifty India Tourism Index Fund Direct-IDCW Thematic 10.23 Unrated 297.46 - Tata Nifty Midcap 150 Momentum 50 Index Fund Direct - IDCW Mid Cap 19.68 Unrated 505.64 63.55 Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund Direct - IDCW Sectoral-Infrastructure 11.34 Unrated 82.58 - Tata Nifty Realty Index Fund Direct - IDCW Thematic 10.90 Unrated 76.24 - Tata Nifty Financial Services Index Fund Direct - IDCW Sectoral-Banking 11.10 Unrated 40.47 - Tata Nifty Auto Index Fund Direct - IDCW Thematic 11.85 Unrated 75.78 - Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct - IDCW Thematic 11.71 Unrated 112.04 -
More Tata Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Tata Liquid Fund Direct-Growth | 29,639.40 | 0.60 | 1.85 | 3.62 | 7.29 | 5.39 | |
Tata Money Market Fund Direct-Growth | 16,515.32 | 0.74 | 1.98 | 3.78 | 7.93 | 5.91 | |
Tata Arbitrage Fund Direct - Growth | 10,151.81 | 0.67 | 2.28 | 4.09 | 8.32 | 6.18 | |
Tata Digital India Fund Direct-Growth | 10,068.22 | -1.31 | 10.59 | 17.14 | 37.16 | 20.37 | |
Tata Balanced Advantage Fund Direct - Growth | 8,729.74 | 2.27 | 6.86 | 11.33 | 25.12 | 14.16 | |
Tata Equity PE Fund Direct-Growth | 7,255.96 | 1.41 | 9.94 | 21.11 | 48.31 | 22.92 | |
Tata Large & Mid Cap Fund Direct Plan-Growth | 6,619.55 | 1.35 | 7.10 | 10.66 | 33.68 | 18.40 | |
Tata Small Cap Fund Direct - Growth | 6,289.22 | -2.00 | 1.64 | 8.52 | 36.51 | 29.58 | |
Tata ELSS Tax Saver Fund Direct-Growth | 4,016.44 | 0.67 | 4.84 | 10.43 | 32.55 | 17.11 | |
Tata Hybrid Equity Fund Direct Plan-Growth | 3,693.58 | 1.86 | 6.74 | 10.33 | 24.74 | 14.69 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Edelweiss Mutual Fund
- Tata Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
1. Tata Nifty MidSmall Healthcare Index Fund - Direct Plan is Open-ended Sectoral-Pharma Equity scheme which belongs to Tata Mutual Fund House.
2. The fund was launched on Apr 26, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns, before expenses, that are in line with the performance of Nifty MidSmall Healthcare Index (TRI), subject to tracking error. "
2. It is benchmarked against Nifty MidSmall Healthcare Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 100.04% in equities, 0.0% in debts and -0.04% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 59.34% of the assets, the top 3 sectors constitute around 100.04% 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 Nifty MidSmall Healthcare Index Fund Direct - IDCW
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.
This Might Catch Your Interest
FAQs about Tata Nifty MidSmall Healthcare Index Fund Direct - IDCW
- Is it safe to invest in Tata Nifty MidSmall Healthcare Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Tata Nifty MidSmall Healthcare Index Fund - Direct Plan comes under Very High risk category.
- What is the category of Tata Nifty MidSmall Healthcare Index Fund - Direct Plan?Tata Nifty MidSmall Healthcare Index Fund - Direct Plan belongs to the Equity : Sectoral-Pharma category of funds.
- How Long should I Invest in Tata Nifty MidSmall Healthcare Index Fund - Direct Plan?The suggested investment horizon of investing into Tata Nifty MidSmall Healthcare Index 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 Nifty MidSmall Healthcare Index Fund - Direct Plan?The Tata Nifty MidSmall Healthcare Index Fund - Direct Plan is managed by Kapil Menon (Since Apr 08, 2024).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.