Overview
Fund Size (AUM)
₹287.97 Cr
as on 24 May 2026
CAGR
NA
1 Year
Expense Ratio
0.11 %
as on 30 Apr 2026
Fund Age
11 months
since 02 Jun 2025
Exit Load
NA
NAV Performance
₹10.87
as on 27 May 2026Loading chart...
Summary
The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Midcap 150 Index (TRI), subject to tracking error.
Investment Philosophy
The Tata Nifty Midcap 150 Index Fund seeks to replicate the Nifty Midcap 150 Index (TRI).
Portfolio Positioning and construction
The index aims to replicate the Nifty Midcap 150 Index with the below methodology:
Index Construct
- Constituents Selection: The Nifty Midcap 150 includes companies ranked 101 to 250 by full market capitalization from the universe of Nifty 500.
- Weighting Methodology: Larger midcap companies have higher weights, while smaller ones have lesser weights.
- Rebalancing Frequency: March & September
Portfolio Positioning
- Midcap Exposure: Investors seeking potentially higher growth than large-caps, with relatively lower volatility than small-caps.
- Sector Diversification: Generally well-diversified across sectors such as industrials, financials, consumer goods, healthcare, IT, etc. No single sector dominates the index significantly, aiding risk management.
- Growth Orientation: Constituents typically represent emerging leaders in their sectors.
