Tata NIFTY Midcap 150 Momentum 50 Index Fund vs Tata Nifty200 Alpha 30 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Tata NIFTY Midcap 150 Momentum 50 Index Fund is an Index fund and Tata Nifty200 Alpha 30 Index Fund is an Index fund. In the year to 30-10-2026, Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) returned −4.8% and Tata Nifty200 Alpha 30 Index Fund (Direct) returned −3.2%. Tata NIFTY Midcap 150 Momentum 50 Index Fund charges 0.77% a year and Tata Nifty200 Alpha 30 Index Fund 0.82% (Direct plans). Their portfolios overlap 56.6%: they hold 21 of the same securities.
Tata NIFTY Midcap 150 Momentum 50 Index Fund
Index
- 1 year return
- −4.8%
- Expense ratio
- 0.77%
- NAV
- ₹17.48
Tata Nifty200 Alpha 30 Index Fund
Index
- 1 year return
- −3.2%
- Expense ratio
- 0.82%
- NAV
- ₹8.40
Which is better, Tata NIFTY Midcap 150 Momentum 50 Index or Tata Nifty200 Alpha 30 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Nifty200 Alpha 30 Index returned more over 1 year: −3.2% against −4.8%.
- Tata NIFTY Midcap 150 Momentum 50 Index costs less: 0.77% a year against 0.82% (Direct plans).
- Tata NIFTY Midcap 150 Momentum 50 Index fell less in its worst fall since 11-09-2024: −25.9% against −29.5%.
- Tata Nifty200 Alpha 30 Index holds more in large companies: 49.1% of the fund in large caps against 20.6%.
- Tata NIFTY Midcap 150 Momentum 50 Index is the larger fund: ₹1,206 Cr against ₹199 Cr.
- Their portfolios overlap 56.6%: 21 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Tata NIFTY Midcap 150 Momentum 50 Index Fund | Tata Nifty200 Alpha 30 Index Fund |
|---|---|---|
| Fund house | Tata Mutual Fund | Tata Mutual Fund |
| Category | Index | Index |
| AUM | ₹1,206 Cr (30-09-2026) | ₹199 Cr (30-09-2026) |
| NAV | ₹17.48 (Direct) | ₹8.40 (Direct) |
| Expense ratio (Direct) | 0.77% | 0.82% |
| Expense ratio (Regular) | 1.30% | 1.37% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY Midcap 150 Momentum 50 TRI | Nifty 200 Alpha 30 TRI |
| Launch date | 20-10-2022 | 05-09-2024 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nitin Sharma, Rakesh Prajapati | Nitin Sharma, Rakesh Prajapati |
| Exit load | Exit load of 0.50%, if redeemed within 30 days. | Exit Load: 0.25% of the applicable NAV, if redeemed on or before 15 days from the date of allotment. |
Tata NIFTY Midcap 150 Momentum 50 Index vs Tata Nifty200 Alpha 30 Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | −2.15% | −4.28% | −2.82% | −4.81% | +12.75% | -- | -- |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | −2.55% | −4.61% | −1.32% | −3.23% | -- | -- | -- |
Tata NIFTY Midcap 150 Momentum 50 Index vs Tata Nifty200 Alpha 30 Index: Year-wise Returns
| Year | NIFTY Midcap 150 Momentum 50Tata NIFTY Midcap 150 Momentum 50 Index | Nifty200 Alpha 30Tata Nifty200 Alpha 30 Index |
|---|---|---|
| 2026to date | −4.02% | −1.48% |
| 2025 | −4.20% | −5.68% |
| 2024 | +30.89% | -- |
| 2023 | +49.84% | -- |
Tata NIFTY Midcap 150 Momentum 50 Index vs Tata Nifty200 Alpha 30 Index: Rolling Returns
Every holding period of both funds, against Nifty Midcap150 Momentum 50 TRI, the benchmark of Tata NIFTY Midcap 150 Momentum 50 Index Fund
Rolling returns
Every 1-year holding period, 278 of them, one for each trading day from 11-09-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct)
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
to
Oct 2025Dec 2024
to
Dec 2025Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tata NIFTY Midcap 150 Momentum 50 Index | 41.4 | 31.3 | 15.1 | 7.6 | 4.7 | 0.0 | 0.0 | 1.6% | 1.3% | −13.3% | 19.2% | 0% |
| Tata Nifty200 Alpha 30 Index | 35.6 | 29.5 | 20.1 | 9.4 | 5.0 | 0.4 | 0.0 | 2.1% | 2.7% | −17.8% | 21.2% | 49% |
| Nifty Midcap150 Momentum 50 TRI | 35.6 | 31.7 | 18.3 | 8.6 | 5.4 | 0.4 | 0.0 | 2.5% | 2.2% | −12.6% | 20.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Midcap150 Momentum 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 11-09-2024. Past returns do not promise future returns.
Tata NIFTY Midcap 150 Momentum 50 Index vs Tata Nifty200 Alpha 30 Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-09-2024 to 30-10-2026: 26 instalments, ₹2,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Tata NIFTY Midcap 150 Momentum 50 IndexTata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | ₹2,60,000 | ₹2,53,192 | −₹6,808 | −2.4% |
| Tata Nifty200 Alpha 30 IndexTata Nifty200 Alpha 30 Index Fund (Direct) | ₹2,60,000 | ₹2,55,997 | −₹4,003 | −1.4% |
Tata NIFTY Midcap 150 Momentum 50 IndexTata NIFTY Midcap 150 Momentum 50 Index Fund (Direct)
Tata Nifty200 Alpha 30 IndexTata Nifty200 Alpha 30 Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Tata NIFTY Midcap 150 Momentum 50 Index vs Tata Nifty200 Alpha 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | Tata Nifty200 Alpha 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.81% | −3.23% |
| Standard deviation | 18.70% | 19.69% |
| Sharpe ratio | -0.54 | -0.43 |
| Sortino ratio | -0.73 | -0.58 |
| Maximum drawdown | −14.6% (31-03-2026) | −15.3% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.82% | −1.18% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | Tata Nifty200 Alpha 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.36% | −6.37% |
| Standard deviation | 18.10% | 19.86% |
| Sharpe ratio | 0.45 | -0.61 |
| Sortino ratio | 0.61 | -0.81 |
| Maximum drawdown | −25.9% (13-03-2025) | −29.5% (28-02-2025) |
| Beta | 0.99 | 1.00 |
| Alpha | −1.32% | −1.02% |
From daily NAVs, 31-10-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct)
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | −25.9% | 24-09-2024 | 13-03-2025 | Not yet | -- | −13.7% |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | −29.5% | 27-09-2024 | 28-02-2025 | Not yet | -- | −16.1% |
| Nifty Midcap150 Momentum 50 TRI | −25.5% | 24-09-2024 | 13-03-2025 | Not yet | -- | −12.1% |
From daily values since 11-09-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct)
Tata Nifty200 Alpha 30 Index Fund (Direct)
Nifty Midcap150 Momentum 50 TRI
Against Nifty Midcap150 Momentum 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Tata NIFTY Midcap 150 Momentum 50 Index Fund (Direct) | 98% | 101% | 0.27% |
| Tata Nifty200 Alpha 30 Index Fund (Direct) | 101% | 108% | 3.74% |
From month-end values since 11-09-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Tata NIFTY Midcap 150 Momentum 50 Index vs Tata Nifty200 Alpha 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Tata NIFTY Midcap 150 Momentum 50 Index Fund, September 2026; Tata Nifty200 Alpha 30 Index Fund, September 2026
Holdings in common
- Overlap
- 56.6%
- Held by both
- 21
- Only in Tata NIFTY Midcap 150 Momentum 50 Index
- 29
- Only in Tata Nifty200 Alpha 30 Index
- 9
| Security | % of Tata NIFTY Midcap 150 Momentum 50 Index | % of Tata Nifty200 Alpha 30 Index |
|---|---|---|
| MULTI COMMODITY EXCHANGE OF IND LTD | 5.99% | 5.10% |
| LAURUS LABS LTD | 7.01% | 5.07% |
| BHARAT HEAVY ELECTRICALS LTD | 4.45% | 5.10% |
| FEDERAL BANK LTD | 4.60% | 4.15% |
| BHARAT FORGE LTD | 3.90% | 4.35% |
| HITACHI ENERGY INDIA LTD | 3.53% | 3.71% |
| NATIONAL ALUMINIUM CO. LTD | 3.21% | 4.62% |
| GE VERNOVA T&D INDIA LTD | 4.28% | 3.03% |
| BSE LTD | 4.10% | 3.01% |
| AU SMALL FINANCE BANK LTD | 2.68% | 2.71% |
| VODAFONE IDEA LTD | 2.47% | 4.67% |
| AUROBINDO PHARMA LTD | 2.35% | 3.06% |
| STEEL AUTHORITY INDIA LTD | 2.06% | 3.21% |
| ONE 97 COMMUNICATIONS LTD | 1.87% | 2.45% |
| FSN E COMMERCE VENTURES LTD | 1.65% | 2.57% |
| ADITYA BIRLA CAPITAL LTD | 1.65% | 2.67% |
| ASHOK LEYLAND LTD | 1.63% | 2.27% |
| POLYCAB INDIA LTD | 3.03% | 1.62% |
| L&T FINANCE LTD | 1.08% | 2.57% |
| INDIAN BANK | 1.07% | 2.04% |
| BANK OF MAHARASHTRA | 1.05% | 3.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 56.6% means 56.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Tata NIFTY Midcap 150 Momentum 50 Index Fund
| Security | % of fund |
|---|---|
| MARICO LTD | 2.22% |
| LUPIN LTD | 2.20% |
| GLENMARK PHARMACEUTICALS LTD | 2.15% |
| INDUSIND BANK LTD | 2.14% |
| INDUS TOWERS LTD | 1.95% |
Largest holdings only in Tata Nifty200 Alpha 30 Index Fund
| Security | % of fund |
|---|---|
| SHRIRAM FINANCE LTD | 4.80% |
| ADANI ENERGY SOLUTIONS LTD | 4.38% |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 4.35% |
| VEDANTA LTD | 3.75% |
| ADANI POWER LTD | 3.33% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Tata NIFTY Midcap 150 Momentum 50 Index | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Equity | 99.9% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.0% |
Market cap of stocks
| Market cap | Tata NIFTY Midcap 150 Momentum 50 Index | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Large Cap | 20.6% | 49.1% |
| Mid Cap | 79.3% | 50.8% |
| Small Cap | 0.0% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Tata NIFTY Midcap 150 Momentum 50 Index | Tata Nifty200 Alpha 30 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 15.6% | 8.1% |
| Electrical Equipment | 15.3% | 11.8% |
| Banks | 12.0% | 14.6% |
| Capital Markets | 11.2% | 8.1% |
| Finance | 2.7% | 10.0% |
| Power | 2.1% | 9.7% |
| Auto Components | 3.9% | 8.7% |
| Industrial Products | 6.8% | 3.2% |
| Telecom - Services | 5.2% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Tata NIFTY Midcap 150 Momentum 50 Index vs Tata Nifty200 Alpha 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Tata NIFTY Midcap 150 Momentum 50 Index Fund | Tata Nifty200 Alpha 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.77% | 0.82% |
| Base expense ratio (Direct) | 0.38% | 0.39% |
| Total expense ratio (Regular) | 1.30% | 1.37% |
| Base expense ratio (Regular) | 0.89% | 0.90% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Tata NIFTY Midcap 150 Momentum 50 Index Fund vs Tata Nifty200 Alpha 30 Index Fund: Frequently Asked Questions
What is the difference between Tata NIFTY Midcap 150 Momentum 50 Index Fund and Tata Nifty200 Alpha 30 Index Fund?
Tata NIFTY Midcap 150 Momentum 50 Index Fund is an Index fund, Tata Nifty200 Alpha 30 Index Fund is an Index fund, run by Tata Mutual Fund. Their portfolios overlap 56.6%. Tata NIFTY Midcap 150 Momentum 50 Index Fund charges 0.77% a year and Tata Nifty200 Alpha 30 Index Fund 0.82%.
Which has given higher returns, Tata NIFTY Midcap 150 Momentum 50 Index Fund or Tata Nifty200 Alpha 30 Index Fund?
Over 1 year: Tata NIFTY Midcap 150 Momentum 50 Index Fund −4.81%, Tata Nifty200 Alpha 30 Index Fund −3.23%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Tata NIFTY Midcap 150 Momentum 50 Index Fund or Tata Nifty200 Alpha 30 Index Fund?
Tata NIFTY Midcap 150 Momentum 50 Index Fund charges less: 0.77% a year against 0.82%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Tata NIFTY Midcap 150 Momentum 50 Index Fund and Tata Nifty200 Alpha 30 Index Fund overlap?
56.6%. They hold 21 of the same securities, the largest shared ones being MCX, LAURUSLABS, BHEL. From each fund's latest monthly portfolio.
Which is riskier, Tata NIFTY Midcap 150 Momentum 50 Index Fund or Tata Nifty200 Alpha 30 Index Fund?
On SEBI's riskometer, Tata NIFTY Midcap 150 Momentum 50 Index Fund is rated Very High and Tata Nifty200 Alpha 30 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 18.70% and 19.69% a year.
Can I invest in both Tata NIFTY Midcap 150 Momentum 50 Index Fund and Tata Nifty200 Alpha 30 Index Fund?
Yes. 56.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Tata NIFTY Midcap 150 Momentum 50 Index Fund and Tata Nifty200 Alpha 30 Index Fund?
Tata NIFTY Midcap 150 Momentum 50 Index Fund: Nitin Sharma, Rakesh Prajapati. Tata Nifty200 Alpha 30 Index Fund: Nitin Sharma, Rakesh Prajapati.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.