Overview
Fund Size (AUM)
₹48.87 Cr
as on 24 Aug 2025
CAGR
NA
1 Year
Expense Ratio
0.34 %
as on 31 Jul 2025
Fund Age
5 months
since 17 Mar 2025
Exit Load
0.25% of NAV
Within 15 days
NAV Performance
₹ 10.81
as on 28 Aug 2025Loading chart...
Summary
The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of BSE Quality Total Return Index (TRI), subject to tracking error. However, 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.
Investment Philosophy
The Tata BSE Quality Index Fund seeks to replicate the BSE Quality Index (TRI).
Portfolio Positioning and construction
The fund aims to replicate the BSE Quality Index with the below methodology:
- The index aims to track the performance of the 30 highest quality companies in the BSE LargeMidCap, based on their quality scores.
Stock Selection Criteria:
- Companies are evaluated in terms of 3 fundamental ratios namely Return to Equity Ratio, Accruals Ratio, Financial Leverage Ratio from the investment universe of BSE LargeMidCap.
- Companies satisfying the eligibility criteria are ranked based on their quality scores.
- The top 24 companies (whether a current constituent or not) are selected for index inclusion. Existing constituents ranked 25-36 are selected in order of highest rank until the target constituent count of 30 is reached. If, after this step, the target constituent count is not achieved, then non-constituents are selected in order of highest rank until the target constituent count is reached.
- Accruals Ratio is not considered for the calculation of Quality score for the companies belonging to Financial Services and Reality Sectors.
Industry/Stock capping:
- Stock cap: lower of 5% or 20 times its float-adjusted market capitalization.
- Industry cap: 30% maximum weight of any given common India Industry Classification Structure macro-economic indicator. Index constituents that are classified as part of the Diversified sector are treated as if they are part of the Industrials sector for index purposes.
Index Rebalancing:
- The index is rebalanced semi-annually in the months of March and September.
Risk Profile: Very High – (Risk-o-Meter file has been attached in the email).
