VR Logo

3 star

Tata Midcap Growth Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.61 Lakh

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -6.76 -0.70 -1.57 3.29 16.43 -9.47 -2.66 0.82 5.55 17.14 --
S&P BSE 150 MidCap TRI -6.70 -0.18 -0.72 6.56 22.66 -9.06 -1.97 -0.97 6.27 14.71 --
Equity: Mid Cap -6.49 -0.13 -0.14 6.10 18.73 -8.43 -2.09 -0.57 5.56 16.82 --
Rank within category 14 26 27 27 23 16 13 6 10 8 --
Number of funds in category 26 27 27 27 27 26 23 21 19 17 0

As on 13-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Midcap Growth Fund - Direct Plan  | Invest Online
3 star
Jan-13 -2.66 0.82 5.55 1.29 766
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.96 2.41 8.84 1.00 6,962
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.05 0.52 8.05 0.63 6,449
L&T Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 -4.62 -2.53 7.55 0.75 5,699
Axis Midcap Fund - Direct Plan  | Invest Online
5 star
Jan-13 7.60 9.06 8.77 0.56 5,511

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.72 (15-May-2014 - 22-May-2014) -18.82 (16-Mar-2020 - 23-Mar-2020)
Month 21.83 (07-May-2014 - 06-Jun-2014) -34.89 (20-Feb-2020 - 23-Mar-2020)
Quarter 39.22 (07-Apr-2014 - 07-Jul-2014) -28.27 (23-Dec-2019 - 23-Mar-2020)
Year 106.58 (30-Jan-2014 - 30-Jan-2015) -26.62 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.01 24.37 -0.01 -0.01 0.93 2.46
S&P BSE 150 MidCap TRI 2.33 25.56 -0.12 -0.13 -- --
Equity: Mid Cap 2.63 23.14 -0.11 -0.12 0.88 -0.05
Rank within category 5 19 5 5 19 3
Number of funds in category 22 22 22 22 22 22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 44
Top 10 Stocks (%) 37.40
Top 5 Stocks (%) 21.53
Top 3 Sectors (%) 48.66
Portfolio P/B Ratio 3.18
Portfolio P/E Ratio 23.70

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 15,921 18,097
Giant (%) 2.25 8.21
Large (%) 8.53 9.62
Mid (%) 77.77 74.80
Small (%) 11.44 11.00
Tiny (%) -- 0.43

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal PI Industries Chemicals 56.33 6.59 1.13 5.70
equal Bata India FMCG 48.93 8.39 0.00 4.52
equal Voltas Cons Durable 35.45 5.27 0.00 4.14
equal Trent Services 177.61 3.97 0.00 3.62
equal Navin Fluorine International Chemicals 20.21 3.70 1.60 3.55
equal Jubilant FoodWorks Services 77.07 3.84 0.00 3.38
equal Gujarat Gas Chemicals 17.78 3.33 0.00 3.33
equal Muthoot Finance Financial 14.18 3.31 1.15 3.31
equal United Breweries FMCG 62.33 5.34 0.00 3.05
up Amara Raja Batteries Engineering 18.04 2.80 0.00 2.80
equal Torrent Power Energy 13.48 2.74 0.00 2.50
equal Indraprastha Gas Energy 22.74 2.86 0.00 2.48
equal Akzo Nobel India Chemicals 35.51 3.59 0.00 2.46
new Tata Power Energy 13.19 2.34 0.00 2.34
equal AIA Engineering Metals 26.35 3.16 1.72 2.20
equal Shree Cement Construction 52.41 2.93 1.71 2.17
equal Eris Lifesciences Healthcare 20.90 2.56 1.13 2.17
equal ICICI Bank Financial 23.93 3.28 0.00 2.16
down Cholamandalam Invest. & Fin. Financial 15.96 2.79 0.00 1.98
equal Ipca Laboratories Healthcare 34.22 3.08 0.00 1.97
new Pfizer Healthcare 37.14 1.97 0.00 1.97
equal Vinati Organics Chemicals 30.74 3.27 1.45 1.96
equal V-Mart Retail Services 67.31 2.02 0.00 1.93
equal Supreme Industries Chemicals 30.29 2.23 0.00 1.91
equal Tata Elxsi Technology 21.95 1.89 0.72 1.89

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Ennette Fernandes since 18-Jun-2018

Education: Ms. Fernandes is B.com & PGDBM

Experience: Prior to joining TATA Mutual Fund she has worked with Phillip Capital India Pvt. Limited as Junior Research Analyst on FMCG sector.

Funds Managed:

— Rupesh Patel since 27-Jun-2017

Education: Mr. Rupesh is a B.E.(Civil) and MBA (Finance)

Experience: He served as the Tata Asset Management Limited's Principal Officer of PMS from January 2012 to June 2013. Mr. Patel was the Deputy General Manager of Investments at the Tata Asset Management Limited from May 2008 to January 2012. Prior to this, he served as an Assistant Vice President of Investments at Indiareit Fund Advisors Pvt. Ltd. from August 2007 to April 2008. He was a Deputy General Manager at Credit Analysis & Research Ltd. until August 2007. Mr. Patel served as an Analyst and Manager at the Credit Analysis & Research. He had joined the Credit Analysis & Research in November 2001.

Funds Managed:


-0.70%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 139.8645

Dividend: ₹ 46.1853


Investment Strategy

The scheme seeks to provide income distribution and / or medium to long term capital gains. Investment would be focussed towards mid cap stocks.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 150
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load For units in excess of 12% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 14.79%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 766 Cr (As on 30-Jun-2020)
Expense: 1.29% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 30.52%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend18-Jan-20192.8333

 21-Dec-20173.8000
 30-Dec-20150.2500
 28-Nov-20131.0000

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: http://www.tatamutualfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM