Skip to content

Launch offerPay once, own it forever. Lifetime plans from ₹4,999, capped at the first 200 members.See lifetime plans →

Popular

    Tata NIFTY Midsmall Healthcare Index Fund

    Direct and Regular plans, Growth and IDCW options

    Data as on 30-10-2026

    Compare this fundTrack this fund

    Tata NIFTY Midsmall Healthcare Index Fund is a mutual fund run by Tata Mutual Fund. On 30-09-2026, it managed ₹221 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 16.7% and its Regular plan returned 16.0%. Its benchmark, Nifty MidSmall Healthcare TRI, returned 17.4% over the same year.

    NAV (Direct plan)
    ₹15.24
    ▲ 1.34%30-10-2026
    NAV (Regular plan)
    ₹15.00
    ▲ 1.34%30-10-2026
    Expense ratio
    0.58%Direct1.14%Regular
    Riskometer
    Not available
    Set by the fund house
    1 year return
    16.7%Direct16.0%Regular

    Tata NIFTY Midsmall Healthcare Index Fund NAV Today

    NAV on 30-10-2026: Direct Plan Growth ₹15.24 (up 1.34% that day); Regular Plan Growth ₹15.00 (up 1.34% that day).

    Tata NIFTY Midsmall Healthcare Index Fund Returns vs Nifty MidSmall Healthcare TRI

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Trailing returns
    Period1M3M6M1Y3Y5Y10Y
    This fund (Direct)+1.83%+0.14%+15.38%+16.74%------
    This fund (Regular)+1.78%−0.01%+15.04%+16.04%------
    Nifty MidSmall Healthcare TRI+1.84%+0.24%+15.70%+17.37%+26.58%----
    Category average--------------
    Best in category--------------
    Worst in category--------------
    Rank in category--------------

    No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.

    Tata NIFTY Midsmall Healthcare Index Fund Year-wise Returns

    Return of each calendar year
    YearDirectRegularNifty MidSmall Healthcare TRI
    2026to date+18.20%+17.61%+18.73%
    2025−0.92%−1.53%−0.37%

    Tata NIFTY Midsmall Healthcare Index Fund Rolling Returns

    The return of every holding period in the fund's history, not only the one that ends today

    Rolling returns

    Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 371 periods, one for each trading day from 30-04-2025 to 30-10-2026.

    −5%0%5%10%15%20%25%30%
    Jun 2024
    to
    Jun 2025    Sept 2024
    to
    Sept 2025    Dec 2024
    to
    Dec 2025    Mar 2025
    to
    Mar 2026    Jun 2025
    to
    Jun 2026    Sept 2025
    to
    Sept 2026
    Tata NIFTY Midsmall Healthcare Index Fund (Direct)Nifty MidSmall Healthcare TRI

    Every holding period at a glance

    PeriodPeriodsMedianLowestHighestWith a lossBenchmark medianBeat benchmark
    1 year37113.0%−2.0%25.8%5%13.7%0%
    2 years12415.5%7.0%20.3%0%16.3%0%

    Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty MidSmall Healthcare TRI over the same days. Past returns do not promise future returns.

    Tata NIFTY Midsmall Healthcare Index Fund Risk

    How much it swings, and the falls an investor had to sit through

    Risk and return

    MeasureTata NIFTY Midsmall Healthcare Index Fund (Direct)This fundNifty MidSmall Healthcare TRI
    Return (CAGR)+16.74%+17.37%
    Standard deviation15.36%15.25%
    Sharpe ratio0.750.80
    Sortino ratio1.111.18
    Maximum drawdown−10.4% (23-10-2026)−10.4% (23-10-2026)
    Beta1.001.00
    Alpha−0.64%0.00%

    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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

    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.

    −20%−15%−10%−5%0%
    20252026
    Tata NIFTY Midsmall Healthcare Index Fund (Direct)Nifty MidSmall Healthcare TRI
    Worst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Tata NIFTY Midsmall Healthcare Index Fund (Direct)−17.5%07-01-202528-02-202515-07-20255 months−2.4%
    Nifty MidSmall Healthcare TRI−17.5%07-01-202528-02-202515-07-20255 months−2.4%

    From the Direct plan's daily NAV since 30-04-2024, adjusted for unit splits, and Nifty MidSmall Healthcare TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

    Tata NIFTY Midsmall Healthcare Index Fund Expense Ratio and Costs

    What each plan charges a year, in force from 01-10-2026

    PlanBase expense ratioBrokerageTransaction costsLevies and GSTTotal expense ratio
    Direct0.37%0.02%0.00%0.19%0.58%
    Regular0.90%0.02%0.00%0.22%1.14%

    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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

    Direct vs Regular: what the gap cost

    Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

    Over the lastRegularDirectDirect earned more by₹1 lakh became (Regular)₹1 lakh became (Direct)
    1 year16.04%16.74%0.70%₹1,16,040₹1,16,740

    Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

    Tata NIFTY Midsmall Healthcare Index Fund SIP Calculator

    What a one-time or monthly investment in this fund would be worth today, from its own NAV history

    Growth of an investment

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 30-04-2024 to 30-10-2026: 31 instalments, ₹3,10,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Direct planTata NIFTY Midsmall Healthcare Index Fund (Direct) ₹3,10,000 ₹3,80,959 ₹70,959 16.3%
    Regular planTata NIFTY Midsmall Healthcare Index Fund (Regular) ₹3,10,000 ₹3,77,699 ₹67,699 15.6%
    Nifty MidSmall Healthcare TRI ₹3,10,000 ₹3,84,103 ₹74,103 17.0%
    ₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L
    20252026
    Direct planTata NIFTY Midsmall Healthcare Index Fund (Direct)Regular planTata NIFTY Midsmall Healthcare Index Fund (Regular)Nifty MidSmall Healthcare TRIAmount invested

    From each plan's published NAV (Growth option), the benchmark's TRI, 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 Midsmall Healthcare Index Fund Asset Allocation

    Asset allocation as on 30-09-2026

    What the fund holds

    100.1%Equity

    AssetFund
    Equity100.1%
    Cash and others−0.1%

    Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.

    Market cap of stocks

    Market capFund
    Large Cap0.0%
    Mid Cap67.9%
    Small Cap32.2%

    Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

    Tata NIFTY Midsmall Healthcare Index Fund Sector Allocation

    Sector allocation of the fund's stocks as on 30-09-2026

    Largest sectors

    1. Pharmaceuticals & Biotechnology79.9%

    2. Healthcare Services19.3%

    3. Healthcare Equipment & Supplies1.0%

    Sector changes

    SectorJuly 2026August 2026September 2026Change
    Pharmaceuticals & Biotechnology77.8%78.9%79.9%+2.1%
    Healthcare Services21.3%20.3%19.3%−2.0%
    Healthcare Equipment & Supplies1.0%1.0%1.0%0.0%

    Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

    Tata NIFTY Midsmall Healthcare Index Fund Portfolio Holdings

    As on 30-09-2026 · 30 holdings · from the fund house's monthly portfolio

    HoldingsSectorWeight%Holdings trend1M change
    LAURUS LABS LTDPharmaceuticals & Biotechnology11.84%+2.8%
    LUPIN LTDPharmaceuticals & Biotechnology7.57%+2.7%
    AUROBINDO PHARMA LTDPharmaceuticals & Biotechnology7.09%+2.5%
    FORTIS HEALTHCARE LTDHealthcare Services6.16%+2.6%
    GLENMARK PHARMACEUTICALS LTDPharmaceuticals & Biotechnology5.40%+2.6%
    ALKEM LABORATORIES LTDPharmaceuticals & Biotechnology4.78%+5.8%
    MANKIND PHARMA LTDPharmaceuticals & Biotechnology4.36%+2.7%
    IPCA LABORATORIES LTDPharmaceuticals & Biotechnology4.11%+2.7%
    BIOCON LTDPharmaceuticals & Biotechnology3.96%+0.3%
    GLAND PHARMA LTDPharmaceuticals & Biotechnology3.55%+2.7%

    Tata NIFTY Midsmall Healthcare Index Fund Stocks Bought and Sold

    All changes are between August 2026 and September 2026

    More
    Stocks bought and sold in September 2026
    LAURUS LABS LTDAdded+2.8%11.84%
    LUPIN LTDAdded+2.7%7.57%
    AUROBINDO PHARMA LTDAdded+2.5%7.09%
    FORTIS HEALTHCARE LTDAdded+2.6%6.16%
    GLENMARK PHARMACEUTICALS LTDAdded+2.6%5.40%
    ALKEM LABORATORIES LTDAdded+5.8%4.78%
    BIOCON LTDAdded+0.3%3.96%
    MANKIND PHARMA LTDAdded+2.7%4.36%
    IPCA LABORATORIES LTDAdded+2.7%4.11%
    GLAND PHARMA LTDAdded+2.7%3.55%

    A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

    What Tata NIFTY Midsmall Healthcare Index Fund bought and sold

    Tata NIFTY Midsmall Healthcare Index Fund Portfolio Overlap

    Funds with the most similar portfolios, across every fund house and category

    FundOverlapHoldings in common
    Motilal Oswal Nifty MidSmall Healthcare Index FundIndex · Motilal Oswal100.1%30Compare
    Mirae Asset Nifty 500 Healthcare ETFETF · Mirae Asset48.4%30Compare
    Mirae Asset Healthcare FundThematic · Mirae Asset47.7%17Compare
    Nippon India Nifty Pharma ETFETF · Nippon India43.1%14Compare
    ICICI Prudential Nifty Pharma Index FundIndex · ICICI Prudential43.1%14Compare
    Baroda BNP Paribas Health and Wellness FundThematic · Baroda BNP Paribas43.0%15Compare
    ITI Pharma and Healthcare FundThematic · ITI41.1%21Compare
    Bandhan BSE Healthcare Index FundIndex · Bandhan40.8%30Compare

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

    Tata NIFTY Midsmall Healthcare Index Fund Overview

    Fund facts from the scheme summary document

    Expense ratio (Direct)
    0.58%
    Expense ratio (Regular)
    1.14%
    Category
    Not available
    Risk
    Not available
    Benchmark
    Not available
    Launch date
    Not available
    Minimum investment
    Not available
    Minimum additional investment
    Not available
    AUM
    ₹220.69 Cr (30-09-2026)
    Lock in
    Not available
    Scheme code (Direct)
    152564
    ISIN (Direct)
    INF277KA1BG3
    Scheme code (Regular)
    152567
    ISIN (Regular)
    INF277KA1BD0
    NAV history
    From 30-04-2024, 2.5 years
    Exit load
    Not available

    Tax on Tata NIFTY Midsmall Healthcare Index Fund returns

    • How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
    • A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
    • IDCW (dividend) payouts are added to your income and taxed at your slab rate.
    • A stamp duty of 0.005% is deducted when you invest.

    Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

    All plans and options

    PlanOptionNAVAs on
    directGrowth₹15.242530-10-2026
    directIDCW Payout₹15.242530-10-2026
    directIDCW Reinvestment₹15.242530-10-2026
    regularGrowth₹14.996530-10-2026
    regularIDCW Payout₹14.996530-10-2026
    regularIDCW Reinvestment₹14.996530-10-2026

    About Tata NIFTY Midsmall Healthcare Index Fund

    Tata NIFTY Midsmall Healthcare Index Fund is a mutual fund from Tata Mutual Fund. At the end of September 2026 it held 30 securities.

    Fund Manager

    Not available

    See all funds of Tata Mutual Fund

    AUM change

    September 2026
    ₹220.69 Cr
    +0.73% from August 2026
    August 2026
    ₹219.09 Cr
    +5.82% from July 2026
    July 2026
    ₹207.04 Cr
    +13.65% from June 2026

    AUM moves with money invested or taken out, and with the value of what the fund holds.

    Compare Tata NIFTY Midsmall Healthcare Index Fund with Other Funds

    Returns, risk, costs and the stocks they share, side by side

    Compare with any other fund

    Frequently Asked Questions for Tata NIFTY Midsmall Healthcare Index Fund

    What is the current NAV of Tata NIFTY Midsmall Healthcare Index Fund?

    The Direct plan NAV is ₹15.2425. The Regular plan NAV is ₹14.9965, as on 30-10-2026.

    What are the returns of Tata NIFTY Midsmall Healthcare Index Fund?

    The Direct plan returned +16.74% in 1 year. The Regular plan returned +16.04% in 1 year. These figures are as on 30-10-2026.

    What is the expense ratio of Tata NIFTY Midsmall Healthcare Index Fund?

    The Direct plan charges 0.58% a year. The Regular plan charges 1.14% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

    What is the AUM of Tata NIFTY Midsmall Healthcare Index Fund?

    Tata NIFTY Midsmall Healthcare Index Fund managed ₹220.69 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

    What are the top holdings of Tata NIFTY Midsmall Healthcare Index Fund?

    At the end of September 2026 the largest holdings were LAURUSLABS (11.84%), LUPIN (7.57%), AUROPHARMA (7.09%), FORTIS (6.16%), GLENMARK (5.40%). The fund held 30 securities in all.

    What did Tata NIFTY Midsmall Healthcare Index Fund buy and sell in September 2026?

    It bought 1 new stock: ANTHEM BIOSCIENCES LTD. It sold out of 1: PFIZER LTD. It added shares in 29.

    How do I invest in Tata NIFTY Midsmall Healthcare Index Fund?

    Through Tata Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.

    How has Tata NIFTY Midsmall Healthcare Index Fund performed against its benchmark?

    Its benchmark is Nifty MidSmall Healthcare TRI. The Direct plan returned +16.74% in 1 year. The benchmark returned +17.37% in 1 year.

    Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its 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.

    Track Tata NIFTY Midsmall Healthcare Index Fund in WealthGamma

    Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.

    PAN not required · No broker linking · No OTPs

    Start freeSee plans