Tata Nifty Midcap 150 Momentum 50 Index Fund
The scheme is seeks to provide returns, before expenses, that commensurate with the performance of NIFTY Midcap 150 Momentum 50 Index (TRI), subject to tracking error.
Growthvine rating: 5/5 — ranked #23 of 244 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹18.28 (as of 2026-08-21) |
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| AUM | ₹1,217 Cr |
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| Expense ratio | 0.89% |
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| Riskometer | Very High |
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| Fund manager | Nitin Bharat Sharma |
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| Exit load | 0.5% for redemption within 30 days |
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Performance & risk
| Sharpe ratio | 0.57 |
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| Standard deviation | 19.89% |
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| Max drawdown | -26.14% |
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| Alpha | 3.51 |
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| Beta | 1.16 |
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Market cap allocation
| Large cap | 21.4% |
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| Mid cap | 78.6% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 25.0% |
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| Top 10 holdings | 43.6% |
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| Total holdings | 49 |
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Top holdings
- Laurus Labs Limited — 6.2%
- Federal Bank Ltd. — 5.0%
- Multi Commodity Exchange of India Ltd — 4.7%
- BSE Ltd. — 4.7%
- Bharat Forge Ltd — 4.3%
- GE Vernova T&D India Limited — 4.3%
- Bharat Heavy Electricals Ltd. — 4.2%
- HITACHI ENERGY INDIA LIMITED — 3.6%
- Polycab India Limited — 3.3%
- National Aluminium Co. Ltd. — 3.2%
Top sectors
- Banking & Financial — 23.2%
- Pharma & Biotech — 14.9%
- Industrial Products — 11.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 2.8% | — | — |
| 2025 | -4.8% | — | — |
| 2024 | 30.0% | — | — |
| 2023 | 48.7% | — | — |