| Launch date | 07 Oct 2024 |
| Allotment date | 24 Oct 2024 |
| End date | 21 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.34%
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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Kapil MenonOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #14 in India |
|---|---|
| Total AUM | ₹1,60,868.40Cr |
| Date of Incorporation | 30 Jun 1995 |
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Tata Nifty Capital Markets 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. Kapil Menon is the Current Fund Manager of Tata Nifty Capital Markets Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,60,868 Cr and the Latest NAV as of 12 Dec 2024 is ₹11.47. The Tata Nifty Capital Markets 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 commensurate with the performance of Nifty Capital Markets Index (TRI), subject to tracking error. ;
| Fund benchmark | Nifty Capital Markets Total Return Index |
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