Overview
Summary
Tata Nifty Next 50 Index Fund endeavours to replicate Nifty Next 50 Index that represents the balance 50 stocks from Nifty 100 after excluding the Nifty 50 companies. The weights of the stocks in the index are based on their free float market capitalization. These set of companies are more diverse both at industry and stock level and provides an opportunity to invest in the unique and upcoming themes.
Investment Philosophy
The Tata Nifty Next 50 Index Fund seeks to replicate the Nifty Next 50 Index.
Portfolio Positioning and construction
The fund aims to replicate the Nifty Next 50 Index. The Index methodology is as follows:
- Eligible universe for the index entails Top 100 companies based on full market cap from Nifty 500
- Selection is basis exclusion of the top 50 Large cap based on free-float Market cap from Nifty 100. Other considerations: Impact Cost, and Derivatives contracts availability. The balance of 50 stocks constitute Nifty Next 50 Index.
- Market weights are realigned, and Index updated quarterly basis last trading day of March, June, September and December by taking into account closing prices as on T-3 basis. Other considerations: Non-F&O stocks capped at 10% in the index and Non-F&O stocks in the index are individually capped at 4.5% on quarterly rebalance dates.
Exit Load
0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment.
Minimum Investment Amount
Fund Managers
Rakesh Prajapati
Managing since 12 Sept 2025
Nitin Sharma
Managing since 12 Sept 2025
Riskometer
This product is suitable for investors who are seeking* :
- Long term Capital Appreciation.
- Investment in domestic mutual funds including debt oriented mutual fund schemes & arbitrage-based equity mutual fund schemes.
Investors understand that their principal will be at Very High
Matrix data is not available.