|Min SIP Amount||₹500|
|NAV||₹196.96 (19 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,011 Cr|
|Voltas Ltd.||Cons Durable||Equity||4.7%|
|Navin Fluorine International Ltd.||Chemicals||Equity||4.4%|
|Bata India Ltd.||FMCG||Equity||4.3%|
|Jubilant FoodWorks Ltd.||Services||Equity||3.9%|
|PI Industries Ltd.||Chemicals||Equity||3.6%|
|Amara Raja Batteries Ltd.||Engineering||Equity||3.2%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Equity||3.2%|
|Tata Power Co. Ltd.||Energy||Equity||3.1%|
|Gujarat Gas Ltd.||Chemicals||Equity||2.9%|
Tata Midcap Growth Direct Plan Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,011 Cr and the Latest NAV as of 19 Jan 2021 is ₹196.96.
The Tata Midcap Growth Direct Plan Growth is rated Moderately 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.
The scheme seeks to provide income distribution and / or medium to long term capital gains. Investment would be focussed towards mid cap stocks.
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.