Tata Midcap Growth Direct Plan Growth is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rupesh Patel, Danesh Mistry is the Current Fund Manager of Tata Midcap Growth Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹653 Cr and the Latest NAV as of 20 Aug 2019 is ₹136.0.
The Tata Midcap Growth Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 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
Aims to provide a vehicle to investors for generation of long term capital appreciation.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
Exit Load