Tata Nifty MidSmall Healthcare Index Fund - Direct Plan - Growth
Benchmark: Nifty MidSmall Healthcare TRI · Riskometer: Very High
Tata Nifty MidSmall Healthcare Index Fund is a Index mutual fund managed by Tata Asset Management Limited, benchmarked against Nifty MidSmall Healthcare TRI. Riskometer: Very High.
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LEARN: Growth of ₹100 · NAV · CAGR
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Tata Nifty MidSmall Healthcare Index Fund - growth of ₹100
Growth of ₹100 invested on 2026-05-03, not raw NAV - the standard way to compare fund performance regardless of NAV level. Daily resolution for the last 90 days, weekly up to 2 years, monthly beyond that.
NAV History - Last 30 Days(exact daily NAV)
| Date | NAV (₹) | 1D Change |
|---|---|---|
| 2026-10-28 | 14.9412 | +0.2386 (+1.6%) |
| 2026-10-27 | 14.7026 | +0.4078 (+2.9%) |
| 2026-10-26 | 14.2948 | +0.306 (+2.2%) |
| 2026-10-25 | 13.9888 | +0 (+0%) |
| 2026-10-23 | 13.9888 | -0.1689 (-1.2%) |
| 2026-10-22 | 14.1577 | -0.0529 (-0.4%) |
| 2026-10-21 | 14.2106 | -0.1363 (-1%) |
| 2026-10-20 | 14.3469 | +0 (+0%) |
| 2026-10-19 | 14.3469 | -0.1268 (-0.9%) |
| 2026-10-18 | 14.4737 | +0 (+0%) |
| 2026-10-16 | 14.4737 | -0.076 (-0.5%) |
| 2026-10-15 | 14.5497 | -0.0235 (-0.2%) |
| 2026-10-14 | 14.5732 | -0.1047 (-0.7%) |
| 2026-10-13 | 14.6779 | -0.0274 (-0.2%) |
| 2026-10-12 | 14.7053 | -0.037 (-0.3%) |
| 2026-10-11 | 14.7423 | +0 (+0%) |
| 2026-10-09 | 14.7423 | +0.1635 (+1.1%) |
| 2026-10-08 | 14.5788 | -0.4037 (-2.7%) |
| 2026-10-07 | 14.9825 | -0.0161 (-0.1%) |
| 2026-10-06 | 14.9986 | +0.203 (+1.4%) |
| 2026-10-05 | 14.7956 | -0.1672 (-1.1%) |
| 2026-10-04 | 14.9628 | +0 (+0%) |
| 2026-10-01 | 14.9628 | -0.0058 (+0%) |
| 2026-09-30 | 14.9686 | - |
Punji Fund Health Score - percentile-within-category. See methodology.
CATEGORY COMPARISON
Tata Nifty MidSmall Healthcare Index Fund returns
Lumpsum returns: full range of outcomes across every overlapping window in the fund's history for each holding period, not one trailing number.
| Holding period | Min rolling CAGR | Median rolling CAGR | Max rolling CAGR |
|---|---|---|---|
| 1Y | -2% | +11.5% | +25.8% |
Actual point-to-point CAGR for the single best and single worst overlapping window of each holding period in the fund's history - historical fact, not a forecast. Independent of the lumpsum/SIP toggle above - always CAGR-based.
| Holding period | Best window | Worst window |
|---|---|---|
| 1Y | +25.8% (2024-06-04 → 2025-06-04) | -2.0% (2024-12-30 → 2025-12-30) |
Tata Nifty MidSmall Healthcare Index Fund category rank vs peers
| Metric | Value | Rank | Category median |
|---|---|---|---|
| Total Expense Ratio | 0.59% | #75 of 381 (lower is better) | 0.36% |
| AUM | ₹224 Cr | #174 of 381 | ₹176 Cr |
Tata Nifty MidSmall Healthcare Index Fund risk metrics
This fund tracks an index, so measuring alpha against that same index would only report its tracking error.
Tata Nifty MidSmall Healthcare Index Fund holdings
Portfolio as of 2026-09-30
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Top sector holdings
Share of portfolio (% to NAV) in each of the top sectors.
TOP HOLDINGS
Funds similar to Tata Nifty MidSmall Healthcare Index Fund
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Tata Nifty MidSmall Healthcare Index Fund Punji analytics
42.2691
0.3625
3602.0000000000005
3602.0000000000005
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Asset Allocation
As of Sep-2026
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Market Cap Split
As of Sep-2026
Portfolio analytics as of Sep-2026.
Frequently asked questions
How risky is Tata Nifty MidSmall Healthcare Index Fund?
Tata Nifty MidSmall Healthcare Index Fund carries a "Very High" risk rating on SEBI's mandated riskometer scale, the same standardized classification every Indian mutual fund must disclose. This rating reflects the fund's underlying portfolio composition and historical volatility, and is set independently of any single AMC's own marketing - it's meant to give investors a comparable, at-a-glance sense of how much the fund's value can swing before deciding whether it matches their own risk appetite and investment horizon. A higher-risk rating isn't inherently bad; it typically correlates with higher long-term return potential, but also with larger short-term drawdowns, so it should be read alongside the fund's category and your own time horizon rather than in isolation.
What is Tata Nifty MidSmall Healthcare Index Fund's expense ratio?
Tata Nifty MidSmall Healthcare Index Fund's direct-plan expense ratio is 0.59% per year - the annual fee the AMC deducts from the fund's assets to cover management and operating costs, already reflected in the NAV you see (it isn't billed separately). Direct plans skip the distributor commission built into Regular plans, which is why a direct-plan expense ratio is almost always lower than the same scheme's Regular-plan version. Over long holding periods, even a difference of a few basis points compounds into a meaningfully different final corpus, which is why expense ratio is one of the few fund attributes an investor can compare with total certainty before investing, unlike future returns.
How does Tata Nifty MidSmall Healthcare Index Fund's expense ratio compare to its category?
Tata Nifty MidSmall Healthcare Index Fund's expense ratio of 0.59% ranks #75 of 381 funds in the Index Funds category (lower is better) - the category median is 0.36%. Expense ratio is deducted from the fund's assets every year regardless of performance, so a lower ratio is a real, certain cost advantage rather than a projection, unlike future returns.
How big is Tata Nifty MidSmall Healthcare Index Fund, and how does that compare to its category?
Tata Nifty MidSmall Healthcare Index Fund manages ₹224 Cr in assets, ranking #174 of 381 funds by size in the Index Funds category - the category median is ₹176 Cr. A larger fund generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but in categories with a smaller investable universe (like small or mid cap), a very large fund can also face more difficulty entering and exiting positions without moving the price.
What's the best and worst 1-year holding period for Tata Nifty MidSmall Healthcare Index Fund historically?
Looking at every overlapping 1-year window in Tata Nifty MidSmall Healthcare Index Fund's history, the best-performing window ran from 2024-06-04 to 2025-06-04, delivering a 25.8% CAGR. The worst-performing window ran from 2024-12-30 to 2025-12-30, delivering a -2.0% CAGR. This is a historical record of actual past outcomes, not a prediction - it shows the real range of results an investor holding for exactly 1 years could have seen depending on entry timing, which is why rolling returns (median across all windows, shown above) are a more representative single number than either extreme.
How concentrated are Tata Nifty MidSmall Healthcare Index Fund's top holdings?
Tata Nifty MidSmall Healthcare Index Fund's single largest disclosed holding, LAURUS LABS LTD, accounts for 11.84% of NAV. Its top 5 holdings together make up 38.1% of the portfolio, and its top 10 disclosed holdings make up 58.8% - as of 2026-09-30. A higher concentration in the top few names means the fund's returns lean more heavily on those specific bets paying off, while a flatter spread means no single holding drives outcomes as much either way.
Who manages Tata Nifty MidSmall Healthcare Index Fund, and what category does it belong to?
Tata Nifty MidSmall Healthcare Index Fund is managed by Tata Asset Management Limited and is classified under the Index Funds category, the SEBI-defined scheme categorization that groups funds by their investment mandate (market-cap focus, sector, or asset mix) so investors can compare like-for-like funds rather than across unrelated strategies. The AMC (asset management company) is the regulated entity legally responsible for the fund's operations, portfolio decisions, and disclosures, though day-to-day investment calls are made by a designated fund manager within the mandate set by the scheme's category and stated objective.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.