Tata MF Golden Scheme : Under the leadership of Ratan Tata, Tata Group has also continuously strengthened its mutual fund business. When Ratan Tata took charge of the Tata Group in 1991, just a few months later, two schemes of Tata Mutual Fund were launched. These were launched in 1993 and 1994. Both these schemes have remained return machines since their launch. Both the oldest investment schemes of Tata Group have given golden returns to the investors. These are among the top schemes in giving returns not only in the long term but also in every phase. In these, investors doing SIP and lump sum investments have achieved bumper returns. We have given detailed information about these two oldest mutual fund schemes of Tata AMC.
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Tata Midcap Growth Fund
Those doing SIP in Tata Midcap Growth Fund continuously for 30 years since its launch are getting returns at the rate of 18.40 percent per annum. On this return, if someone had done a monthly SIP of Rs 5000 from the beginning, then the overall value of his SIP would have been more than Rs 5.63 crore.
SIP calculation
Annualized return of SIP in 30 years: 18.39%
Monthly SIP: Rs 5000
Total investment in 30 years: Rs 18,00,000
Value of SIP after 30 years: 5,63,04,510 (about Rs 5.63 crore)
return on lump sum investment
1 year return: 44.63%
3 year return: 21.40%
5 year return: 26.93%
7 year return: 18.50%
10 year return: 18.17%
15 year return: 18.03%
20 year return: 18.54%
Returns since launch: 13.80%
Mutual Fund Return: 10 mutual fund schemes which give more than 65% profit in 1 year, also champion in long term SIP returns
AUM and expense ratio
Total Assets: Rs 4514 crore (31 August 2024)
Expense ratio: 1.87% (August 31, 2024)
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 100
Launch date: July 1, 1994
Benchmark: NIFTY Midcap 150 TRI
Top Holdings
Aurobindo Pharma
Alkem Laboratories
Cummins India
Muthoot Finance
Max Financial
UNO Minda
PI Industries
Lupine
JSW Infrastructure
Thermomax
AIA Engineering
PPF Special Rule: Invest in PPF for 20 years instead of 15, then you will earn Rs 40 thousand every month, the balance in the account will remain 66 lakhs.
Tata Large & Mid Cap Fund
Those doing SIP in Tata Large and Midcap Fund continuously for 30 years since its launch are getting returns at the rate of 16.80 percent per annum. On this return, if someone had done a monthly SIP of Rs 5000 from the beginning, then now the overall value of his SIP would have been more than Rs 4.76 crore.
SIP calculation
Annualized return of SIP in 30 years: 16.80%
Monthly SIP: Rs 5000
Total investment in 30 years: Rs 18,00,000
Value of SIP after 30 years: Rs 4,75,64,747 (about Rs 4.76 crore)
return on lump sum investment
1 year return: 34.27%
3 year return: 17.76%
5 year return: 21.53%
7 year return: 16.44%
10 year return: 15.41%
15 year return: 14.59%
20 year return: 16.94%
Returns since launch: 13.51%
SIP in Top Funds: Top largecap fund turns lump sum investment of Rs 1 lakh into Rs 10 lakh, SIP of Rs 10,000 gives Rs 1 crore
AUM and expense ratio
Total Assets: Rs 8412 crore (31 August 2024)
Expense ratio: 1.76% (August 31, 2024)
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 100
Launch date: March 31, 1993
Benchmark: NIFTY Large Midcap 250 TRI
Top Holdings
HDFC Bank
Varun Beverages
Reliance Ind
PI Industries
SBI
ICICI Bank
IDFC First Bank
Bharti Airtel
Cummins India
Tata Motors
(source: value research)
(Disclaimer: We have given here only information about equity fund and its returns. This information is based on the performance of the fund, and not investment advice. If you want to invest, then definitely take expert advice.)
