Fund Details
Tata Midcap Growth Direct Plan IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.14% |
| NAV | ₹69.57 (16 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,129 Cr |
Returns
Comparison
1. Lower expense ratio - 1.14%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Voltas Ltd. | Cons Durable | Equity | 4.8% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 4.0% |
| Tata Power Co. Ltd. | Energy | Equity | 3.4% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.3% |
| Jubilant FoodWorks Ltd. | Services | Equity | 3.1% |
| PI Industries Ltd. | Chemicals | Equity | 3.0% |
| Gujarat Gas Ltd. | Chemicals | Equity | 2.8% |
| Page Industries Ltd. | Textiles | Equity | 2.7% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Equity | 2.6% |
| Supreme Industries Ltd. | Chemicals | Equity | 2.5% |
Fund Managers
Tata Midcap Growth Direct Plan IDCW Details
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 01 Jan 2013. 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 ₹1,129 Cr and the Latest NAV as of 16 Apr 2021 is ₹69.57.
The Tata Midcap Growth Direct Plan IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
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.
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.
