| Launch date | 08 Apr 2024 |
| Allotment date | 25 Apr 2024 |
| End date | 22 Apr 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.50%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Nitin Bharat SharmaJul 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #14 in India |
|---|---|
| Total AUM | ₹2,06,238.57Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Tata Nifty Auto Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Rakesh Prajapati is the Current Fund Manager of Tata Nifty Auto Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,06,239 Cr and the Latest NAV as of 03 Sep 2025 is ₹11.72. The Tata Nifty Auto Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25%, if redeemed within 15 days. ;
Investment Objective
The scheme seeks to provide returns, before expenses, that are in line with the performance of Nifty Auto Index (TRI), subject to tracking error. ;
| Fund benchmark | NIFTY Auto Total Return Index |
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