The Tata Nifty Midcap 150 Index Fund seeks to replicate the Nifty Midcap 150 Index (TRI).

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.

0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment.