Tata Nifty Midcap 150 Momentum 50 Index Fund
Mid Cap IndexVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹17.89-1.60%1 day
- Return since launch
- 15.9%
- 52-week range
- ₹15.63 — ₹18.67
- AUM
- ₹1,274 Cr
Tata Nifty Midcap 150 Momentum 50 Index Fund is a Mid Cap Index equity fund from Tata Mutual Fund with ₹1,274 Cr under management, launched in 2022. Over three years it has returned 4.2% a year, against 12.7% for its category. The expense ratio is 1.46% and the SEBI riskometer reading is Very High.
Performance
Tata Nifty Midcap 150 Momentum 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.4% against +2.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.6% | −2.2 pts | 3.8% | 1.6% |
| 2Y | 1.6% | −2.4 pts | 3.9% | 3.8% |
| 3Y | 4.2% | −8.5 pts | 12.7% | 6.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.1% | +1.1 pts | -4.1% | -4.5% |
| 3M | -1.9% | −0.7 pts | -1.3% | -1.2% |
| 6M | 8.4% | −1.6 pts | 10.0% | 10.2% |
| 1Y | 3.4% | −0.5 pts | 3.8% | 2.8% |
| 2Y | -4.8% | −3.4 pts | -1.4% | -1.2% |
| 3Y | 13.2% | +0.4 pts | 12.7% | 13.1% |
Since launch (4 Oct 2022): 15.9%
Calendar-year returns
Category average48.7%
29.7%
-4.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -4.8% | −8.1 pts | 3.3% |
| 2024 | 29.7% | +5.6 pts | 24.1% |
| 2023 | 48.7% | +5.9 pts | 42.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.35%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.89%
- Brokerage
- 0.04%
- Transaction charges
- 0.01%
- Statutory levies
- 0.41%
- Exit load
- Exit load of 0.50%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Midcap 150 Moment 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 3.21 | -0.30 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.16 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.57 | 0.64 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.74 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 19.88 | 18.02 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Tata Nifty Midcap 150 Momentum 50 Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.0%
Market cap split
- Large21.0%
- Mid79.0%
- P/E
- 23.13
- P/B
- 4.35
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Laurus Labs Ltd. | Healthcare | 6.32% | ₹80.58 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 5.75% | ₹73.24 Cr | — | — | — |
| The Federal Bank Ltd. | Financial | 4.81% | ₹61.34 Cr | +4.38% | +4.68% | +1.92% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 4.42% | ₹56.36 Cr | — | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 4.23% | ₹53.83 Cr | +3.81% | +2.93% | — |
| BSE Ltd. | Services | 4.06% | ₹51.67 Cr | +7.56% | +5.07% | +3.95% |
| Bharat Forge Ltd. | Automobile | 3.98% | ₹50.65 Cr | — | — | — |
| Hitachi Energy India Ltd. | Capital Goods | 3.63% | ₹46.21 Cr | +2.54% | +1.73% | +2.32% |
| National Aluminium Company Ltd. | Metals & Mining | 3.35% | ₹42.65 Cr | +1.87% | +1.61% | — |
| Polycab India Ltd. | Capital Goods | 3.32% | ₹42.32 Cr | +1.84% | +1.72% | — |
| AU Small Finance Bank Ltd. | Financial | 2.68% | ₹34.19 Cr | +4.38% | +4.38% | +2.10% |
| Vodafone Idea Ltd. | Communication | 2.55% | ₹32.46 Cr | +1.71% | +1.33% | — |
| Aurobindo Pharma Ltd. | Healthcare | 2.25% | ₹28.66 Cr | — | — | — |
| Indusind Bank Ltd. | Financial | 2.25% | ₹28.61 Cr | — | — | — |
| Lupin Ltd. | Healthcare | 2.21% | ₹28.21 Cr | +1.46% | +1.53% | +1.77% |
| Marico Ltd. | Consumer Staples | 2.16% | ₹27.52 Cr | +1.27% | +1.25% | +2.27% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 2.13% | ₹27.07 Cr | +1.99% | +1.92% | — |
| Kei Industries Ltd. | Capital Goods | 2.09% | ₹26.60 Cr | — | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | 2.06% | ₹26.23 Cr | — | — | — |
| Indus Towers Ltd. | Communication | 1.89% | ₹24.10 Cr | +1.79% | +1.89% | +1.90% |
| Fortis Healthcare Ltd. | Healthcare | 1.86% | ₹23.70 Cr | +2.97% | +3.09% | +3.07% |
| Apar Industries Ltd. | Consumer Staples | 1.80% | ₹22.96 Cr | — | — | — |
| One97 Communications Ltd. | Services | 1.78% | ₹22.73 Cr | +3.00% | +3.02% | +3.47% |
| Ashok Leyland Ltd. | Automobile | 1.73% | ₹22.00 Cr | +2.83% | +3.96% | — |
| FSN E-Commerce Ventures Ltd. | Services | 1.68% | ₹21.45 Cr | +2.69% | +2.80% | +1.98% |
| Aditya Birla Capital Ltd. | Financial | 1.65% | ₹21.04 Cr | +2.87% | +2.79% | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.54% | ₹19.64 Cr | — | — | — |
| JSW Energy Ltd. | Capital Goods | 1.48% | ₹18.82 Cr | — | — | — |
| NMDC Ltd. | Metals & Mining | 1.43% | ₹18.26 Cr | — | — | — |
| Lloyds Metals & Energy Ltd. | Metals & Mining | 1.36% | ₹17.31 Cr | — | — | +1.73% |
| Oracle Financial Services Software Ltd. | Technology | 1.34% | ₹17.08 Cr | — | — | — |
| Biocon Ltd. | Healthcare | 1.24% | ₹15.84 Cr | +0.96% | +0.90% | +0.55% |
| Thermax Ltd. | Capital Goods | 1.23% | ₹15.64 Cr | — | — | — |
| L&T Finance Ltd. | Financial | 1.22% | ₹15.55 Cr | +3.24% | +3.30% | +0.96% |
| Max Financial Services Ltd. | Financial | 1.19% | ₹15.11 Cr | +2.89% | +3.22% | +4.93% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.18% | ₹14.97 Cr | +0.80% | +1.00% | +1.82% |
| Indian Bank | Financial | 1.12% | ₹14.23 Cr | +2.35% | +2.87% | +0.92% |
| Nippon Life India Asset Management Ltd. | Financial | 1.10% | ₹14.05 Cr | +0.81% | +0.71% | — |
| Bank of Maharashtra | Financial | 1.01% | ₹12.87 Cr | — | — | — |
| Oil India Ltd. | Energy | 1.01% | ₹12.83 Cr | — | — | — |
| GMR Airports Ltd. | Construction | 0.91% | ₹11.55 Cr | +2.28% | +2.35% | — |
| AIA Engineering Ltd. | Metals & Mining | 0.78% | ₹9.95 Cr | +0.66% | +0.58% | — |
| Tata Communications Ltd. | Communication | 0.71% | ₹9.05 Cr | — | — | — |
| Adani Total Gas Ltd. | Energy | 0.67% | ₹8.49 Cr | — | — | — |
| Ajanta Pharma Ltd. | Healthcare | 0.64% | ₹8.21 Cr | — | — | — |
| NLC India Ltd. | Energy | 0.60% | ₹7.64 Cr | — | — | — |
| Linde India Ltd. | Chemicals | 0.49% | ₹6.27 Cr | — | — | — |
| Bank of India | Financial | 0.46% | ₹5.86 Cr | +0.88% | +1.14% | — |
| Jindal Stainless Ltd. | Metals & Mining | 0.46% | ₹5.85 Cr | +0.85% | +0.99% | — |
| 3M India Ltd. | Consumer Staples | 0.24% | ₹3.03 Cr | +0.38% | +0.44% | — |
| Others | Others | -0.05% | ₹-0.48 Cr | -0.34% | -0.32% | -0.06% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Multi Commodity Exchange Of India Ltd. | 4.73% | 5.75% | +1.02% |
| BSE Ltd. | 4.68% | 4.06% | -0.62% |
| Bharat Forge Ltd. | 4.32% | 3.98% | -0.34% |
| Lupin Ltd. | 2.54% | 2.21% | -0.33% |
| One97 Communications Ltd. | 1.45% | 1.78% | +0.33% |
| Apar Industries Ltd. | 1.52% | 1.80% | +0.28% |
| Lloyds Metals & Energy Ltd. | 1.61% | 1.36% | -0.25% |
| The Federal Bank Ltd. | 5.03% | 4.81% | -0.22% |
| Marico Ltd. | 2.38% | 2.16% | -0.22% |
| Steel Authority Of India Ltd. | 1.85% | 2.06% | +0.21% |
| Kei Industries Ltd. | 1.89% | 2.09% | +0.20% |
| Bharat Heavy Electricals Ltd. | 4.23% | 4.42% | +0.19% |
| APL Apollo Tubes Ltd. | 1.00% | 1.18% | +0.18% |
| Thermax Ltd. | 1.41% | 1.23% | -0.18% |
| National Aluminium Company Ltd. | 3.19% | 3.35% | +0.16% |
| JSW Energy Ltd. | 1.64% | 1.48% | -0.16% |
| Others | -0.25% | -0.10% | +0.15% |
| GMR Airports Ltd. | 1.06% | 0.91% | -0.15% |
| Vodafone Idea Ltd. | 2.40% | 2.55% | +0.15% |
| Fortis Healthcare Ltd. | 2.01% | 1.86% | -0.15% |
| Glenmark Pharmaceuticals Ltd. | 1.99% | 2.13% | +0.14% |
| Aurobindo Pharma Ltd. | 2.15% | 2.25% | +0.10% |
| Biocon Ltd. | 1.34% | 1.24% | -0.10% |
| Oracle Financial Services Software Ltd. | 1.24% | 1.34% | +0.10% |
| Indus Towers Ltd. | 1.98% | 1.89% | -0.09% |
| AIA Engineering Ltd. | 0.87% | 0.78% | -0.09% |
| NLC India Ltd. | 0.69% | 0.60% | -0.09% |
| Laurus Labs Ltd. | 6.23% | 6.32% | +0.09% |
| Indusind Bank Ltd. | 2.32% | 2.25% | -0.07% |
| Adani Total Gas Ltd. | 0.73% | 0.67% | -0.06% |
| Linde India Ltd. | 0.54% | 0.49% | -0.05% |
| Aditya Birla Capital Ltd. | 1.69% | 1.65% | -0.04% |
| Hitachi Energy India Ltd. | 3.59% | 3.63% | +0.04% |
| Indian Bank | 1.08% | 1.12% | +0.04% |
| Tata Communications Ltd. | 0.75% | 0.71% | -0.04% |
| Jindal Stainless Ltd. | 0.50% | 0.46% | -0.04% |
| Nippon Life India Asset Management Ltd. | 1.14% | 1.10% | -0.04% |
| GE Vernova T&D India Ltd | 4.27% | 4.23% | -0.04% |
| Ashok Leyland Ltd. | 1.70% | 1.73% | +0.03% |
| 3M India Ltd. | 0.26% | 0.24% | -0.02% |
| Max Financial Services Ltd. | 1.17% | 1.19% | +0.02% |
| Oil India Ltd. | 0.99% | 1.01% | +0.02% |
| Polycab India Ltd. | 3.33% | 3.32% | -0.01% |
| FSN E-Commerce Ventures Ltd. | 1.67% | 1.68% | +0.01% |
| L&T Finance Ltd. | 1.23% | 1.22% | -0.01% |
| NMDC Ltd. | 1.44% | 1.43% | -0.01% |
| Radico Khaitan Ltd. | 1.55% | 1.54% | -0.01% |
| Bank of India | 0.47% | 0.46% | -0.01% |
| AU Small Finance Bank Ltd. | 2.69% | 2.68% | -0.01% |
| Ajanta Pharma Ltd. | 0.64% | 0.64% | 0.00% |
| Bank of Maharashtra | 1.01% | 1.01% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,912 Cr | 0.99% | 3.4% | 7.7% | 14.6% |
 Motilal Oswal Nifty Midcap 150 Index Fund | ₹4,151 Cr | 1.09% | 3.0% | 7.5% | 14.6% |
 Nippon India Nifty Midcap 150 Index Fund | ₹2,845 Cr | 0.88% | 3.2% | 7.6% | 14.7% |
 SBI Nifty Midcap 150 Index Fund | ₹1,292 Cr | 0.89% | 3.3% | 7.6% | — |
 Axis Nifty Midcap 50 Index Fund | ₹772 Cr | 1.10% | 4.5% | 8.6% | — |
 Aditya Birla Sun Life Nifty Midcap 150 Index Fund | ₹503 Cr | 1.00% | 3.0% | 7.5% | 14.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Rakesh PrajapatiMr. Prajapati has done B.ComPrior to joining Tata Mutual Fund, he was working with ICICI Securities Ltd., JM Financial, Edelweiss Securities Ltd. and IDFC Securities Ltd
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months8.40% absolute | ₹60,000 | ₹65,040 | 8.40% | |
| 1 year3.35% annualised | ₹1,20,000 | ₹1,22,200 | 1.83% | |
| 3 years13.15% annualised | ₹3,60,000 | ₹4,43,249 | 23.12% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Tata Nifty Midcap 150 Momentum 50 Index Fund?
The NAV of Tata Nifty Midcap 150 Momentum 50 Index Fund is ₹17.89 as on 24 Sep 2026.
What is the expense ratio of Tata Nifty Midcap 150 Momentum 50 Index Fund?
The expense ratio of Tata Nifty Midcap 150 Momentum 50 Index Fund is 1.46% per year.
What is the minimum SIP amount for Tata Nifty Midcap 150 Momentum 50 Index Fund?
You can start a SIP in Tata Nifty Midcap 150 Momentum 50 Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on Tata Nifty Midcap 150 Momentum 50 Index Fund?
Lock-in: None. Exit load: Exit load of 0.50%, if redeemed within 30 days..
How risky is Tata Nifty Midcap 150 Momentum 50 Index Fund?
Tata Nifty Midcap 150 Momentum 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Mid Cap Index category.
Which fund house manages Tata Nifty Midcap 150 Momentum 50 Index Fund?
Tata Nifty Midcap 150 Momentum 50 Index Fund is managed by Tata Mutual Fund, which runs 61 schemes with ₹2,31,388 Cr under management.