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 245 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹16.57 (as of 2026-10-22) |
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| AUM | ₹1,206 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 | 0.36 |
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| Standard deviation | 20.36% |
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| Max drawdown | −26.14% |
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| Alpha | 2.27 |
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| Beta | 1.17 |
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Market cap allocation
| Large cap | 20.8% |
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| Mid cap | 79.2% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 26.3% |
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| Top 10 holdings | 44.1% |
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| Total holdings | 49 |
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Top holdings
- Laurus Labs Limited — 7.0%
- Multi Commodity Exchange of India Ltd — 6.0%
- Federal Bank Ltd. — 4.6%
- Bharat Heavy Electricals Ltd. — 4.4%
- GE Vernova T&D India Limited — 4.3%
- BSE Ltd. — 4.1%
- Bharat Forge Ltd — 3.9%
- HITACHI ENERGY INDIA LIMITED — 3.5%
- National Aluminium Co. Ltd. — 3.2%
- Polycab India Limited — 3.0%
Top sectors
- Banking & Financial — 23.2%
- Pharma & Biotech — 15.6%
- Electricals — 15.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.8% | — | — |
| 2025 | −4.8% | — | — |
| 2024 | 30.0% | — | — |
| 2023 | 48.7% | — | — |