About Tata Index Nifty Direct
Tata Index Nifty Direct is a Equity
mutual fund scheme from Tata Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Sonam Udasi
. It has an AUM of ₹24.46 Crores and the latest NAV decalared is ₹56.266 as on 27 Mar 2020 at 12:00 am.
Tata Index Nifty Direct scheme return performance in last 1 year is -22.84%, in last 3 years is -0.50% and 51.80% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
The scheme aims to provide medium to long term capital gains, by investing in equity shares of only those companies comprised in the Nifty 50 Index and in the same proportion as that of the index, regardless of their investment merit.