| Launch date | 02 Jun 2025 |
| Allotment date | 19 Jun 2025 |
| End date | 16 Jun 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
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 | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Kapil MenonJun 2025 - PresentView details
Rakesh PrajapatiJun 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #14 in India |
|---|---|
| Total AUM | ₹1,93,944.43Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Tata Nifty Midcap 150 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 Midcap 150 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,93,944 Cr and the Latest NAV as of 02 Jun 2025 is ₹10.00. The Tata Nifty Midcap 150 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. 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 Midcap 150 Index (TRI), subject to tracking error. ;
| Fund benchmark | NIFTY Midcap 150 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Mid Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Motilal Oswal Midcap Fund Direct Growth | 5 | 9.4% | 37.5% | 30,401.09 |
HDFC Mid Cap Opportunities Fund Direct Growth | 5 | 6.2% | 34.1% | 79,717.67 |
Nippon India Growth Fund Direct Growth | 4 | 7.1% | 33.0% | 36,836.07 |
Sundaram Mid Cap Fund Direct Growth | 4 | 7.6% | 31.7% | 12,344.49 |
SBI Magnum Mid Cap Direct Plan Growth | 4 | 0.3% | 24.6% | 22,406.12 |