Tata Small Cap Fund: With the changing times, nowadays many types of investment options have come. One such investment option is Mutual Fund Scheme. In the last few years, investors have got strong returns through Systematic Investment Plan in Mutual Fund Scheme. Today we are giving you information about such a scheme which is an open-ended equity scheme which mainly invests investors’ money in small-cap stocks. The name of this scheme is Tata Small Cap Fund. This fund was started in the year 2018 on 12 November. In such a situation, this fund has completed four years. By doing SIP of Rs 10,000 in this fund, investors have so far created a fund of Rs 8.39 lakh. The special thing about this fund is that it has given an annual return of about 30.65 percent.
Has given strong returns in the last three years-
Let us tell you that Tata Small Cap Fund has started giving returns of about 29.75 per cent in the last 3 years in Nifty Smallcap 250 TRI Index. In such a situation, those who have done SIP of Rs 10,000 in the last three years, their total investment has been Rs 3.60 lakh. In such a situation, this fund has become 5.90 on the return of about 30 percent. On the other hand, if we talk about the last 4 years, a total return of Rs 8.39 lakh has been received on the investment of Rs 4.70.
Details of Tata Small Cap Fund-
Significantly, Chandraprakash Padiyar, the fund manager of Tata Small Cap Fund, is managing this fund since October 19, 2018. At the same time, Satish Chandra Mishra is the assistant manager of this fund. He is managing this fund from number 1, 2019. In such a situation, he has 15 years of experience in this work. Talking about the figures till October 31, 2022, the set under management of this fund is Rs 2664.24 crore. At the same time, its MUV for the month is Rs 2623.36 crore.
Where is investment done through this fund?
Tata Small Cap Fund An open-ended equity scheme that invests majority of investor’s corpus in small-cap stocks. Through this mutual fund, many schemes such as chemical, healthcare, automobile, textiles, construction materials, automobile, consumer durables, media, information technology, construction materials, etc. invest money in many profitable sectors. It is worth noting that 94.26 percent of the money of Tata Small Cap Fund has been invested in small-cap stocks and the rest in mid-cap stocks.
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Disclaimer: The information provided here is being given for information only. It is important to mention here that investment in Mutual Funds is subject to market risks. Always take expert advice before investing money as an investor. It is never advised here to invest money on behalf of ABPLive.com.