How to Invest in Tata Midcap Growth Direct Plan IDCW?

You can easily invest in Tata Midcap Growth Direct Plan IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Tata Midcap Growth Direct Plan IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Tata Midcap Growth Direct Plan IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Tata Midcap Growth Direct Plan IDCW provide?

The Tata Midcap Growth Direct Plan IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is -0.15% since its inception.

How much expense ratio is charged by Tata Midcap Growth Direct Plan IDCW?

The term Expense Ratio used for Tata Midcap Growth Direct Plan IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Tata Midcap Growth Direct Plan IDCW is 0.98% as of 27 Mar 2023...

What is the AUM of Tata Midcap Growth Direct Plan IDCW?

The AUM, short for Assets Under Management of Tata Midcap Growth Direct Plan IDCW is ₹1,759.67Cr as of 27 Mar 2023.

How to Redeem Tata Midcap Growth Direct Plan IDCW?

If you want to sell your Tata Midcap Growth Direct Plan IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Tata Midcap Growth Direct Plan IDCW?

You can select either SIP or Lumpsum investment of Tata Midcap Growth Direct Plan IDCW based on your investment objective and risk tolerance.

What is the NAV of Tata Midcap Growth Direct Plan IDCW?

The NAV of Tata Midcap Growth Direct Plan IDCW is ₹85.89 as of 24 Mar 2023.

What is the PE and PB ratio of Tata Midcap Growth Direct Plan IDCW?

The PE ratio ratio of Tata Midcap Growth Direct Plan IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Tata Midcap Growth Direct Plan IDCW - NAV, Mutual Fund Performance & Portfolio

Tata Midcap Growth Direct Plan IDCW
Equity
Mid Cap
Very High Risk
Payout
34.27%
3Y annualised
-1.14% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 24 Mar 2023₹85.89
Min. SIP amount₹150
Rating3
Fund size₹1,759.67Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-0.1%34.3%13.7%17.6%
Category average0.8%35.3%11.3%NA
Rank with in category251510NA
Understand terms
Holdings (54)NameSectorInstrumentAssets
Thermax Ltd.Capital GoodsEquity3.6%
AIA Engineering Ltd.Metals & MiningEquity3.4%
Indian BankFinancialEquity3.2%
RBL Bank Ltd.FinancialEquity3.1%
Cummins India Ltd.Capital GoodsEquity3.0%
IDFC First Bank Ltd.FinancialEquity3.0%
The Federal Bank Ltd.FinancialEquity2.9%
PI Industries Ltd.ChemicalsEquity2.9%
Eicher Motors Ltd.AutomobileEquity2.8%
Navin Fluorine International Ltd.ChemicalsEquity2.5%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Mid Cap
Pros
Cons
5Y and 10Y annualised returns higher than category average
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.98%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
0.98%
31 Jan 2023 - 28 Feb 2023
0.98%
31 Dec 2022 - 31 Jan 2023
0.98%
31 Dec 2022 - 31 Dec 2022
0.98%
30 Nov 2022 - 31 Dec 2022
0.97%
30 Nov 2022 - 30 Nov 2022
0.97%
30 Nov 2022 - 30 Nov 2022
0.97%
31 Oct 2022 - 30 Nov 2022
0.98%
31 Oct 2022 - 31 Oct 2022
0.98%
31 Oct 2022 - 31 Oct 2022
0.98%
31 Oct 2022 - 31 Oct 2022
0.98%
31 Oct 2022 - 31 Oct 2022
0.98%
30 Sep 2022 - 31 Oct 2022
0.98%
30 Sep 2022 - 30 Sep 2022
0.98%
30 Sep 2022 - 30 Sep 2022
0.98%
31 Aug 2022 - 30 Sep 2022
0.98%
31 Aug 2022 - 31 Aug 2022
0.98%
31 Jul 2022 - 31 Aug 2022
1.00%
31 Jul 2022 - 31 Jul 2022
1.00%
30 Jun 2022 - 31 Jul 2022
1.02%
30 Jun 2022 - 30 Jun 2022
1.02%
31 May 2022 - 30 Jun 2022
1.01%
31 May 2022 - 31 May 2022
1.01%
30 Apr 2022 - 31 May 2022
1.00%
30 Apr 2022 - 30 Apr 2022
1.00%
31 Mar 2022 - 30 Apr 2022
1.05%
31 Mar 2022 - 31 Mar 2022
1.05%
28 Feb 2022 - 31 Mar 2022
1.06%
28 Feb 2022 - 28 Feb 2022
1.06%
31 Jan 2022 - 28 Feb 2022
1.06%
31 Dec 2021 - 31 Jan 2022
1.06%
30 Nov 2021 - 31 Dec 2021
1.07%
31 Oct 2021 - 30 Nov 2021
1.06%
30 Sep 2021 - 31 Oct 2021
1.07%
31 Aug 2021 - 30 Sep 2021
1.07%
31 Jul 2021 - 31 Aug 2021
1.08%
30 Jun 2021 - 31 Jul 2021
1.10%
31 May 2021 - 30 Jun 2021
1.12%
30 Apr 2021 - 31 May 2021
1.13%
31 Mar 2021 - 30 Apr 2021
1.17%
28 Feb 2021 - 31 Mar 2021
1.15%
31 Jan 2021 - 28 Feb 2021
1.18%
31 Dec 2020 - 31 Jan 2021
1.18%
30 Nov 2020 - 31 Dec 2020
1.17%
31 Oct 2020 - 30 Nov 2020
1.21%
30 Sep 2020 - 31 Oct 2020
1.27%
31 Aug 2020 - 30 Sep 2020
1.23%
31 Jul 2020 - 31 Aug 2020
1.26%
30 Jun 2020 - 31 Jul 2020
1.27%
31 May 2020 - 30 Jun 2020
1.29%
30 Apr 2020 - 31 May 2020
1.29%
31 Mar 2020 - 30 Apr 2020
1.40%
29 Feb 2020 - 31 Mar 2020
1.31%
31 Jan 2020 - 29 Feb 2020
1.30%
31 Dec 2019 - 31 Jan 2020
1.34%
30 Nov 2019 - 31 Dec 2019
1.35%
31 Oct 2019 - 30 Nov 2019
1.36%
30 Sep 2019 - 31 Oct 2019
0.84%
31 Aug 2019 - 30 Sep 2019
0.85%
31 Jul 2019 - 31 Aug 2019
0.84%
30 Jun 2019 - 31 Jul 2019
0.82%
31 May 2019 - 30 Jun 2019
0.83%
30 Apr 2019 - 31 May 2019
0.83%
31 Mar 2019 - 30 Apr 2019
1.71%
28 Feb 2019 - 31 Mar 2019
1.69%
31 Jan 2019 - 28 Feb 2019
1.70%
31 Dec 2018 - 31 Jan 2019
1.70%
30 Nov 2018 - 31 Dec 2018
1.70%
31 Oct 2018 - 30 Nov 2018
1.72%
30 Sep 2018 - 31 Oct 2018
1.62%
31 Aug 2018 - 30 Sep 2018
1.72%
31 Jul 2018 - 31 Aug 2018
1.47%
30 Jun 2018 - 31 Jul 2018
1.72%
31 May 2018 - 30 Jun 2018
1.90%
30 Apr 2018 - 31 May 2018
1.90%
31 Mar 2018 - 30 Apr 2018
1.90%
31 Jan 2018 - 31 Mar 2018
1.87%
31 Dec 2017 - 31 Jan 2018
1.87%
30 Nov 2017 - 31 Dec 2017
1.87%
31 Oct 2017 - 30 Nov 2017
1.87%
Expense ratio, exit load and taxExpense ratio: 0.98%Inclusive of GST
Exit loadFor units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹150
Fund managementAbhinav Sharma
Mar 2021 - Present
View details
Education
Mr. Sharma holds B.Tech degree from IIT Kharagpur & PGDCM from IIM Calcutta.
Experience
Prior to joining Tata Mutual Fund he has worked with Taurus mutual fund, ING Vysya Life Insurance as Sr. Manager (Investments), Edelweiss Securities as Manager (Research & Investments) & ICICI Lombard General Insurance as Investment Manager.
Also manages these schemes
Tata Ethical Fund Regular Growth
Tata Infrastructure Fund Regular Growth
Tata Ethical Fund Regular IDCW
Tata Infrastructure Fund Regular IDCW
Tata Midcap Growth Fund Regular IDCW
Tata Midcap Growth Fund Regular Growth
Tata Ethical Direct Plan IDCW
Tata Ethical Direct Plan Growth
Tata Midcap Growth Direct Plan IDCW
Tata Midcap Growth Direct Plan Growth
Tata Infrastructure Direct Plan Growth
Tata Infrastructure Direct Plan IDCW
Tata Flexi Cap Fund Regular IDCW
Tata Flexi Cap Fund Direct Growth
Tata Flexi Cap Fund Direct IDCW
Tata Flexi Cap Fund Regular Growth
Satish Chandra Mishra
Mar 2021 - Present
View details
Education
Mr. Mishra has done B.tech & PGDM
Experience
Prior to joining TATA Mutual Fund, he has worked with HDFC Securities Ltd. and PINC Research.
Also manages these schemes
Tata Hybrid Equity Fund Regular Growth
Tata Hybrid Equity Fund Regular IDCW
Tata Midcap Growth Fund Regular IDCW
Tata Midcap Growth Fund Regular Growth
Tata Hybrid Equity Fund Regular IDCW Monthly
Tata Hybrid Equity Fund Direct Plan Growth
Tata Hybrid Equity Fund Direct Plan IDCW Monthly
Tata Hybrid Equity Fund Direct Plan IDCW
Tata Midcap Growth Direct Plan IDCW
Tata Midcap Growth Direct Plan Growth
Tata Resources & Energy Fund Direct Growth
Tata Resources & Energy Fund Regular IDCW
Tata Resources & Energy Fund Regular Growth
Tata Resources & Energy Fund Direct IDCW
Tata Small Cap Fund Direct Growth
Tata Small Cap Fund Regular Growth
Tata Small Cap Fund Direct IDCW
Tata Small Cap Fund Regular IDCW
Fund house & investment objective
Tata Mutual Fund
Rank (total assets)#14 in India
Total AUM₹86,582.73Cr
Date of Incorporation30 Jun 1995
 Tata Midcap Growth Direct Plan IDCW is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Rupesh Patel, Danesh Mistry is the Current Fund Manager of Tata Midcap Growth Direct Plan IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹86,583 Cr and the Latest NAV as of 24 Mar 2023 is ₹85.89.
The Tata Midcap Growth Direct Plan IDCW is rated Very High risk. Minimum SIP Investment is set to ₹150. Minimum Lumpsum Investment is ₹5,000. For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
;
Investment ObjectiveThe scheme seeks to provide income distribution and / or medium to long term capital gains. Investment would be focussed towards mid cap stocks.
;
Fund benchmarkNIFTY Midcap 150 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
9th Floor, Mafatlal Centre,Nariman Point, Mumbai 400021
Phone
1800-209-0101
Launch Date
30 Jun 1995
E-mail
[email protected]
Website
NA
Tata Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Tata Midcap Growth Direct Plan IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	-0.1%	34.3%	13.7%	17.6%
Category average	0.8%	35.3%	11.3%	NA
Rank with in category	25	15	10	NA

Name	Sector	Instrument	Assets
Thermax Ltd.	Capital Goods	Equity	3.6%
AIA Engineering Ltd.	Metals & Mining	Equity	3.4%
Indian Bank	Financial	Equity	3.2%
RBL Bank Ltd.	Financial	Equity	3.1%
Cummins India Ltd.	Capital Goods	Equity	3.0%
IDFC First Bank Ltd.	Financial	Equity	3.0%
The Federal Bank Ltd.	Financial	Equity	2.9%
PI Industries Ltd.	Chemicals	Equity	2.9%
Eicher Motors Ltd.	Automobile	Equity	2.8%
Navin Fluorine International Ltd.	Chemicals	Equity	2.5%

Rank (total assets)	#14 in India
Total AUM	₹86,582.73Cr

Date of Incorporation	30 Jun 1995

Fund benchmark	NIFTY Midcap 150 Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹1,759.67Cr

Tata Midcap Growth Direct Plan IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (54)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.98%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Abhinav SharmaMar 2021 - PresentView details

Satish Chandra MishraMar 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Abhinav Sharma
Mar 2021 - Present
View details

Satish Chandra Mishra
Mar 2021 - Present
View details