3 Year return

25.94%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹3348.4 Cr.

Expense Ratio

0.79% (inclusive of GST)

Exit Load

On or before expiry of 365 days from the date allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment: Nil On or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment: 1% Redemption after expiry of 365 days from the date of allotment: Nil

Ratings

ARQ Rating
1

Ratings by other agencies

3
2
4

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Tata Mutual Fund Managers

SM

Satish Chandra Mishra

Fund Manager since Jun 2017

Fund House Details

Tata Mutual Fund

Tata Mutual Fund Asset management company

AUM ₹147,271.50 Cr.
No. of Schemes 165
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Tata Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

TATA Balanced Advantage Fund Direct Plan Growth

14.36%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

TATA Balanced Advantage Fund Direct Plan Payout of IDCW Payout

14.36%
6.28%

About TATA Mid Cap Growth Fund Direct Plan-Growth

TATA Mid Cap Growth Fund Direct Plan-Growth is an open-ended equity mutual fund made available by the TATA Mutual Fund. The fund is included in the category of mid-cap funds as it mainly invests in mid-cap company equities. These may be medium-sized businesses that could possibly show growth in the future. The fund also invests in a smaller percentage of large-cap and small-cap stocks. Being an open-ended fund, the investor can buy or sell fund units at any time.

Investment Objective of the Scheme

The investment objective of the TATA Mid Cap Growth Fund Direct Plan-Growth is to reach long-term capital appreciation by equity investment in stocks of mid-cap companies with a strong prospect for growth. The aim of the fund is to select stocks of mid-cap companies that are relevant enough and may perform better than some large-cap companies.

Key Features of The Fund

5-year return 23.48%
Expense Ratio 0.79%
Fund Manager Satish Chandra Mishra
Fund Size ₹3348.4 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you are an investor searching for a fair amount of exposure to mid-sized companies with strong growth prospects, you may want to consider the TATA Mid Cap Growth Fund Direct Plan-Growth fund. If you are an investor with a substantial tolerance for risk and willing to bet on mid-cap stocks that may surpass certain established large-caps in the future, this may be a good fund to think about. However, before deciding, ensure that your investments align with your financial requirements and related goals.

AMC Contact Details

Name Tata Mutual Fund
Launch Date March 1994
Addresss Mulla House, Ground Floor, 51, M.G. Road, Near Flora Fountain, Mumbai – 400 001 Maharashtra
Contact (022) 6282 7777
Email service@tataamc.com
Website https://www.tatamutualfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of TATA Mid Cap Growth Fund Direct Plan Growth?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of TATA Mid Cap Growth Fund Direct Plan Growth Apr 19 2024 is 419.9796

What is the AUM of TATA Mid Cap Growth Fund Direct Plan Growth?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of TATA Mid Cap Growth Fund Direct Plan Growth is 3348.4 crore.

What is the expense ratio of TATA Mid Cap Growth Fund Direct Plan Growth?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of TATA Mid Cap Growth Fund Direct Plan Growth is 0.79%

What are the returns of TATA Mid Cap Growth Fund Direct Plan Growth since inception?

The TATA Mid Cap Growth Fund Direct Plan Growth was launched on Jan 01 2013. The fund has delivered a CAGR of 20.86 since inception.

What is the minimum SIP amount to invest in TATA Mid Cap Growth Fund Direct Plan Growth?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for TATA Mid Cap Growth Fund Direct Plan Growth is 100.

How do I invest in TATA Mid Cap Growth Fund Direct Plan Growth?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in TATA Mid Cap Growth Fund Direct Plan Growth?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in TATA Mid Cap Growth Fund Direct Plan Growth?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in TATA Mid Cap Growth Fund Direct Plan Growth?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.