Fund Details
Tata Index Nifty Direct
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹150 |
| Expense Ratio | 0.05% |
| NAV | ₹95.09 (12 May 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹132 Cr |
Returns
Comparison
1. Lower expense ratio - 0.05%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.3% |
| Reliance Industries Ltd. | Energy | Equity | 10.2% |
| Infosys Ltd. | Technology | Equity | 7.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.7% |
Fund Managers
Tata Index Nifty Direct Details
Tata Index Nifty Direct is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sonam Udasi is the Current Fund Manager of Tata Index Nifty Direct fund.The fund currently has an Asset Under Management(AUM) of ₹132 Cr and the Latest NAV as of 12 May 2021 is ₹95.09.
The Tata Index Nifty Direct is rated Very High risk. Minimum SIP Investment is set to 150. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 7 days
Investment Objective
The scheme aims to provide medium to long term capital gains, by investing in equity shares of only those companies comprised in the Nifty 50 Index and in the same proportion as that of the index, regardless of their investment merit.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
