TATA MID CAP FUND

LET US KNOW HOW TATA MID CAP FUND WORKS

Market capitalization is the total market value of a company, it shows the size and values of a company. Marketcapitalisation is calculated as the product of a total number of outstanding shares of that company with its current market price(per share) where outstanding shares do not include the shares that the company owner has owned individually.
However, it does not matter here what is the total share price of that company since multiplying it with outstanding shares makes it a larger value.

Companies having a market capitalization of more than 5000 crores are termed as small capital companies, between 5000 cr to 20,000 crores are mid-cap and those greater than 20,000 crores are termed as large-cap companies.

A Mid-cap fund is a mutual fund that focuses on companies with a market capitalization in the middle range of listed stocks. It offers greater growth than a large-cap but when invested for a long time, and risks less than small-cap funds.

Tata mid-cap fund invests in mid-cap companies some of its features are enlisted below:

• Tata midcap growth fund is the regular plan, Mid Cap Equity scheme which belongs to Tata Mutual Fund House.
• Type – Open-ended
• Launched Date – July 01, 1994
• Objective- seeks to provide income medium to long-term capital gains. 65% Investment towards mid-cap stocks.
• Regular plan managed by Satish Chandra Mishra(since March 09, 2021) and Abhinav Sharma(since March 09, 2021)
• It’s a long-term investment with high risk and high profit simultaneously.
• Mid-cap companies can promote to large-cap after large growing investments year by year.
• Number of stocks – 61
• Stocked companies – Pi Industries Ltd., Navin Fluorine International Ltd., Cummins India Ltd., Alkem Lab ltd., VoltasLtd., Bharat Forge Ltd., etc.
• The current net asset value of the Midcap growth fund-regular plan (as of 10 June 2022) is Rs 221.6176
• Returns :

1 year-5.19%
3 years-17.05%
5years-11.92%
• Asset under management – Rs 1555.65 crore (as of April 30, 2022)
• Expense ratio – 2.33%
• The minimum investment you need – Is Rupees 5000
• Minimum additional investment – Rs1000
• Minimum SIP investment – Rs150
• Asset allocation – Equity 98.02%, debt 0.00%, others 1.98%
• Turnover – 53.78%
• Riskometer – average
• Suitable for – Investors looking to invest money for at least 3-4 years and looking for a high return at the same time they should be ready for the possibility of moderate losses in their investments.
• Tata Mid-cap Fund is good since investors are attracted by the trust and consistent record of the company across India.