The Tata Nifty Midcap 150 Momentum 50 Index Fund offers an opportunity for investors to capitalize on the growth potential of midcap stocks. This passively managed index fund aims to replicate the performance of the Nifty Midcap 150 Momentum 50 Index, providing a diversified exposure to the top 50 midcap stocks based on their momentum scores
Understanding the Fund
Fund Summary: The Tata Nifty Midcap 150 Momentum 50 Index Fund aims to provide returns, before expenses that commensurate with the performance of the scheme’s benchmark, subject to tracking errors. The scheme will invest at least 95% of the net assets in all the stocks in the same weightage that they represent in the underlying Index.
Asset Allocation: The fund predominantly invests 95%-100% in equity and equity-related instruments of companies forming part of the Nifty Midcap 150 Momentum 50 Index. A small portion 0%-5% of the net assets may be allocated to debt and money market instruments for liquidity purposes.
Why Consider the Tata Nifty Midcap 150 Momentum 50 Index Fund?
- Midcap Exposure with Momentum Strategy:
- The fund focuses on midcap companies that exhibit strong momentum, providing an opportunity to potentially benefit from the growth potential of midcap stocks with robust performance trends.
- Diversified Portfolio:
- Investing in a diversified portfolio of 50 midcap stocks helps mitigate risks associated with individual stock performance, ensuring a balanced approach to midcap investing.
- Cost-Effective Investment:
- With a low expense ratio, the fund offers a cost-effective way to gain exposure to the midcap segment, aim to maximizing returns by minimizing costs.
How to Invest?
Investing in the Tata Nifty Midcap 150 Momentum 50 Index Fund is straightforward and accessible. Here are the steps:
- Minimum Lumpsum Investment:
- ₹5,000 for the initial lumpsum investment, with additional investments in multiples of ₹1,000.
- Systematic Investment Plan (SIP):
- Start a SIP with as low as ₹150 per month to aim building wealth gradually over time.
- Exit Load:
- 0.25% if redeemed within 90 days from the date of allotment.
The Tata Nifty Midcap 150 Momentum 50 Index Fund provides an opportunity for investors to tap into the growth potential of midcap stocks through a systematic and disciplined investment approach. With its focus on momentum-driven midcap companies, diversified portfolio, and cost-effective management, this fund offers a compelling investment option for those looking to enhance their portfolio's growth prospects.
Consider Investing Now and Explore the Potential of Midcap Growth with Tata Nifty Midcap 150 Momentum 50 Index Fund
Scheme Details
| Scheme Name | Tata Nifty Midcap 150 Momentum 50 Index Fund |
| Investment Objective | The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of NIFTY Midcap 150 Momentum 50 Index (TRI), subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns. |
| Type of Scheme | An open-ended scheme replicating/tracking NIFTY Midcap 150 Momentum 50 Index |
| Fund Managers | Sailesh Jain & Kapil Menon |
| Benchmark | NIFTY Midcap 150 Momentum 50 Index (TRI) |
| Load Structure | |
| Entry Load | Not Applicable (Pursuant to provision no. 10.4.1.a of SEBI Master Circular on Mutual Fund dated May 19, 2023, no entry load will be charged by the Scheme to the investor) |
| Exit Load | 0.25 % of the applicable NAV, if redeemed on or before 90 days from the date of allotment |
This product is suitable for investors who are seeking*
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*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
