Tata Nifty200 Alpha 30 Index Fund Review – Tata Nifty200 Alpha 30 Index Fund Direct NFO Open on 19 August 2024 and Close on 02 Sept 2024. Tata Nifty200 Alpha 30 Index Fund Direct NFO Allotment Date is 05 September 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹5,000. The Minimum SIP Investment Amount is 100.
Type of the Scheme
An open-ended scheme replicating / tracking Nifty200 Alpha 30 Index (TRI).
Scheme Benchmark : Nifty200 Alpha 30 Index (TRI).
Benchmark Selection Rationale: As per the investment objective of the scheme, the investment would primarily be in securities which are forming part of the Nifty200 Alpha 30 Index. Thus, the composition of the aforesaid benchmark index is such that it is most suited for comparing performance of the Scheme.
Tata Nifty200 Alpha 30 Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| REC Ltd. | 5.77 |
| Power Finance Corporation Ltd. | 5.38 |
| Trent Ltd. | 5.11 |
| Bharat Heavy Electricals Ltd. | 5.01 |
| Bharat Electronics Ltd. | 4.45 |
| Dixon Technologies (India) Ltd. | 4.37 |
| Hindustan Aeronautics Ltd. | 4.28 |
| Indus Towers Ltd. | 4.13 |
| Lupin Ltd. | 3.92 |
| Zydus Lifesciences Ltd. | 3.57 |
Tata Nifty200 Alpha 30 Index Fund Nfo Important Date
| Scheme Offer | Tata Nifty200 Alpha 30 Index Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 19 Aug 2024 |
| Close Date | 02 Sept 2024 |
| Allotment Date | 05 Sep 2024 |
| Category | Other Schemes - Index Fund |
| Min Inv ₹ | 5,000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty200 Alpha 30 Index (TRI) |
Investment Objective of the Scheme ?
The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty200 Alpha 30 Index (TRI), subject to tracking error.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.
Tata Nifty200 Alpha 30 Index Fund Other Details
| Exit Load | 0.25% |
|---|---|
| Exit Load Details | Exit load of 0.25%, if redeemed within 15 days. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 5,000 |
| Min. SIP | Rs. 100 |
Tata Nifty200 Alpha 30 Index Fund Review Asset Allocation
| Instruments | Allocation Min | Allocation Max | Risk Profile |
|---|---|---|---|
| Securities covered by Nifty200 Alpha 30 Index | 95% | 100% | Very High |
| Debt / Money Market Instruments^ including units of Mutual Funds | 0% | 5% | Low |
Manager Manage the Scheme?
- Fund Manger : Kapil Menon
- Qualification : B.Com
- Experience : From April, 2024, Kapil is designated as a Fund Manager in addition to his duties as a Dealer- Equities at Tata Asset Management Pvt. Ltd, and reports to Chief Investment Officer – Equities From June 2021 – till date with Tata Asset Management Pvt Ltd as Dealer, reporting to Chief Investment Officer – Equities. From September 2006 to May 2021 with Tata Asset Management Pvt Ltd as Senior Manager – Investments. Reports to Chief Investment Officer – Equities.
Tata Nifty200 Alpha 30 Index Fund Sector Representation
| Sector | Weightage |
|---|---|
| Capital Goods | 24.49 |
| Financial Services | 17.30 |
| Healthcare | 10.36 |
| Automobile and Auto Components | 9.81 |
| Oil, Gas & Consumable Fuels | 7.34 |
| Telecommunication | 6.30 |
| Services | 5.15 |
| Consumer Services | 5.11 |
| Consumer Durables | 4.37 |
| Metals & Mining | 3.42 |
| Information Technology | 3.27 |
| Power | 3.08 |
Tata Nifty200 Alpha 30 Index Fund Review Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 5.05 | 39.40 | 76.95 | 32.96 | 19.03 |
| Total Return | 5.13 | 40.17 | 78.52 | 34.19 | 20.39 |
How Will The Scheme Allocate Its Assets?
- Equity and equity related instruments and/ or equity derivatives.
- Debt and money market instruments.
- Units of Domestic Mutual Funds.
Also Read: DSP Nifty Top 10 Equal Weight Index Fund Review
Tata Nifty200 Alpha 30 Index Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
Email: enq_h@camsonline.com
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