NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Tata Mid Cap Growth Fund Growth for NRI [433.46]

Min Investment

5,000

Fund Size

4,494.44 Cr

Expense Ratio

1.9%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

433.46

0.01%

NAV as on 18 Dec 24, 12:00 AM

very high risk

mid cap

equity

NAV as on 18 Dec 24, 12:00 AM

very high risk

mid cap

equity

23.59%p.a.

Last 1Y

20.55%p.a.

Last 3Y

24.88%p.a.

Last 5Y

13.15%p.a.

Since Inception

About Tata Mid Cap Growth Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Tata Mid Cap Growth Fund Growth scheme from Tata Asset Management Limited. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Jul 1994, Tata Mid Cap Growth Fund Growth is Mid-Cap fund of its category with 4,494.44 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.

  • Tata Mid Cap Growth Fund Growth delivered 23.6% annual returns during the last year. It has delivered 13.2% average annual returns since the fund was launched.
  • Tata Mid Cap Growth Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks. 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.

Top 10 Holdings

Max Financial Services Ltd

3.75%

Alkem Laboratories Ltd

3.25%

Aurobindo Pharma Ltd

3.14%

Muthoot Finance Ltd

3.04%

Cummins India Ltd

2.91%

PI Industries Ltd

2.53%

Lupin Ltd

2.46%

Thermax Ltd

2.36%

Mphasis Ltd

2.27%

Oberoi Realty Ltd

2.21%

Fund Managers

  1. Satish Mishra (Mar 2021 - Present)

Key Information

View Scheme Document

Tata Mid Cap Growth Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Tata Mid Cap Growth Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Tata Mid Cap Growth Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Tata Mid Cap Growth Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions