TATA AIA is launching a New Fund Offering (NFO) from 16th to 30th September 2024. The TATA AIA Nifty Alpha 50 Index Fund will track the Nifty Alpha 50 Index. This fund aims to replicate the performance of the index by investing in the same stocks as the index. It is a passive investment strategy, meaning the fund manager does not actively select stocks but simply follows the index. Investors in this fund can expect returns that closely correlate with the performance of the Nifty Alpha 50 Index.
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Plans starting from₹1000/month
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Investment Plans
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
The TATA Nifty Alpha 50 Index Fund is a New Fund Offering (NFO) that tracks the Nifty Alpha 50 Index. This means that the fund aims to replicate the performance of the top 50 stocks selected from the Nifty 50 Index based on their alpha generation potential. By investing in the TATA Nifty Alpha 50 Index Fund, you are essentially investing in a basket of these high-quality stocks. This diversification can help reduce risk and potentially generate returns that align with the performance of the Nifty Alpha 50 Index. The fund is professionally managed by TATA Mutual Fund, a well-established and reputable asset management company in India. The fund's investment objective is to provide investors with long-term capital appreciation by tracking the performance of the Nifty Alpha 50 Index.
Highlights of TATA Nifty Alpha 50 Index Fund
Particulars
Details
Benchmark Index
NIFTY Alpha 50 Index
Benchmark Index Returns
10-Year Returns: 25.1% p.a.
Risk Profile
High
NFO Launch Date
16th September 2024
NFO Duration
16th to 30th September 2024
Current NAV
₹ 10
Minimum Investment
₹ 2,000 per month
Reasons Why You Should Invest in the TATA Nifty Alpha 50 Index Fund
Below are the reasons why you should invest in the TATA Nifty Alpha 50 Index Fund:
Best Performing Index: The TATA Nifty Alpha 50 Index Fund tracks one of the top-performing indices in the market, offering the potential for high returns by investing in a selection of companies with strong growth potential.
Diverse Product Availability: This fund is available across various product categories, allowing you to tailor your investments based on your specific needs and preferences, whether you're looking for short-term gains or long-term wealth accumulation.
Low-Cost Investment: As a passively managed fund, the TATA Nifty Alpha 50 Index Fund comes with lower management fees compared to actively managed funds, making it a cost-effective choice for investors.
Risk Diversification: By investing in a broad range of top-performing companies within the Nifty Alpha 50 Index, the fund helps reduce risk through diversification, spreading your investment across multiple sectors and industries.
Market Expertise: Managed by Tata AIA, a trusted and established financial institution, this fund benefits from years of market expertise, providing reliable and well-researched investment options.
What is the NIFTY Alpha 50 Index?
The Nifty Alpha 50 Index is a benchmark index that tracks the performance of the top 50 stocks from the Nifty 50 Index. These stocks are selected based on their alpha generation potential, which measures their ability to outperform the overall market. The Nifty Alpha 50 Index is designed to provide investors with exposure to high-quality stocks that have a strong track record of delivering superior returns. It is a popular choice for investors seeking to build a diversified portfolio with a focus on growth and outperformance.
NIFTY Alpha 50 Index Performance With Other Indices
Index Name
5-Year Returns
10-Year Returns
NIFTY Alpha 50
35.9%
25.1%
NIFTY 50
19.2%
13.2%
NIFTY 100
19.8%
13.7%
NIFTY Midcap 150
31.3%
19.9%
NIFTY Smallcap 50
29.5%
13.3%
NIFTY 200
21.3%
14.3%
NIFTY Smallcap 250
33.1%
17.3%
Sector Representation of the Nifty Alpha 50 Index
Top Sectors
Weightage of Invested Assets
Financial Services
27.71%
Capital Goods
22.30%
Power
11.14%
Construction
7.08
Healthcare
6.62
Consumer Durables
6.11
Consumer Services
5.42
Metals & Mining
4.02
Realty
3.71
Automobile and Auto Components
2.60
Information Technology
2.34
Fast Moving Consumer Goods
0.94
[Source: nseindia.com] Data updated as of August 30, 2024.
Companies of NIFTY Alpha 50 Index
How to Buy TATA Nifty Alpha 50 Index Fund from Policybazaar?
To buy the TATA Nifty Alpha 50 Index Fund from Policybazaar, follow these steps:
Step 1: Fill in your name and contact number in the form on this page to get started.
Note: Your details are kept confidential and will only be used to customize your benefits.
Step 2: You can also visit the plans just by clicking view plans below
Step 3: Once logged in, you'll be prompted to fill in your city, age, and annual income in the provided form. This information will be used to check the personalised benefits of the plans.
Step 4: After providing your personal information, you'll be presented with Tata AIA Investment Plans on a blue and red card. Select the TATA Nifty Alpha 50 Index Fund option that best suits your needs from the following options:
Tata AIA Smart SIP
Tata AIA-Waiver of Premium (WOP)
Tata AIA SSR Flexi
Tata AIA SSR Param Rakshak
Step 5: In the TATA Nifty Alpha 50 Index Fund, click the "Get Details" tab for more information.
You can also get FREE expert consultation; just click on the talk to an expert button.
Step 6: Review the details of the plan carefully. Once satisfied, click on the "Proceed" button and follow the prompts on the screen to move forward with the purchase.
Step 7: You will be prompted to enter essential details and specify the amount you want to invest. Select the preferred mode of payment for your investment.
Step 8: Provide your required KYC (Know Your Customer) details. This step is essential for regulatory compliance.
Step 9: Complete the payment process. Upon successful payment, you will receive confirmation of your purchase.
What are the Benefits of Purchasing the TATA Nifty Alpha 50 Index Fund From Policybazaar?
Investing through Policybazaar offers a range of valuable benefits:
Convenience: Invest online in the TATA Nifty Alpha 50 Index Fund via Policybazaar, avoiding physical bank or agent visits.
Comparison: Compare multiple investment plans, including new funds, to make informed decisions and find the best market deals.
Expert Guidance: Access financial experts who help select the right NFO plan based on your needs and goals.
Tax Benefits: Maximize tax advantages under Section 80C and Section 10(10D) of the Income Tax Act through investments with Policybazaar.
FAQs
What are the tax benefits under the TATA Nifty Alpha 50 Index Fund?
You can avail of the following tax benefits of investing in the TATA Nifty Alpha 50 Index Fund:
Section 80C: You can claim tax benefits under Section 80C of the Income Tax Act, 1961. It allows a deduction of up to ₹1.5 lakhs from taxable income for the invested amount in Tata AIA.
Section 10(10D): You can utilize Section 10(10D) benefits for your investments in Tata AIA New Fund Offering (NFO). This benefit is applicable if the annual premium paid is below ₹ 2.5 lakh.
What is the investment objective of the TATA Nifty Alpha 50 Index Fund?
The investment objective of the TATA Nifty Alpha 50 Index Fund is to track the performance of 50 well-diversified NSE-listed stocks with high alphas. These stocks are selected based on liquidity and market capitalization, with weights assigned according to their alpha values. This strategy aims to provide investors with exposure to high-performing securities, offering the potential for higher returns compared to traditional indices.
What is the minimum investment amount required to invest in TATA Nifty Alpha 50 Index Fund?
The minimum investment amount is ₹ 2,000. However, this may vary depending on the investment plan you choose.
What is the Nifty Alpha 50 Index Fund performance history?
Index Returns (%)
QTD
YTD
1 year
5 years
Since Inception
Price Returns
7.03
42.47
73.58
38.54
21.92
Total Returns
7.19
43.10
74.75
39.46
23.05
# QTD, YTD and 1-year returns are absolute returns. Returns for greater than one year are CAGR returns
Who should invest in the TATA Nifty Alpha 50 Index?
Seek exposure to high-quality stocks: The fund tracks the top 50 stocks from the Nifty 50 Index, which are selected based on their alpha generation potential.
Prefer a passive investment strategy: The fund follows a passive approach, meaning the fund manager does not actively select stocks but simply tracks the index.
Have a long-term investment horizon: The fund is designed for long-term investors who believe in the potential of the Nifty Alpha 50 Index to outperform the market over time.
Growth-oriented investors: The index aims to capture the growth potential of leading companies.
Those seeking diversification: While focused on momentum, the index still offers some diversification.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in *Past 10 Year annualised returns as on 01-12-2024 *All savings plans are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs. **Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
When investing in Unit-Linked Insurance Plans (ULIPs), it’s important to understand the various charges
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Fund Reviews & Ratings
4.6 / 5 (Based on 30 Reviews)
(Showing Newest 10 reviews)
Deepak
Agra, October 03, 2024
★★★★★
Looking Forward to the Returns
I am looking forward to seeing how the TATA Nifty Alpha Fifty Index Fund NFO performs It is a solid choice for anyone seeking growth opportunities.
Komal
Coimbatore, October 02, 2024
★★★★★
Investing in the Future
The TATA Nifty Alpha Fifty Index Fund NFO is a great way to invest in future market leaders I am glad I joined in on this exciting NFO
Sameer
Bhubaneswar, October 01, 2024
★★★★★
A New Opportunity
It is always good to catch a promising fund early The TATA Nifty Alpha Fifty Index Fund NFO offers a great opportunity to be part of a new market strategy.
Ritu
Ranchi, September 30, 2024
★★★★★
Strong Start for a New Fund
I have just started with the TATA Nifty Alpha Fifty Index Fund NFO and I already feel like I have made a good decision Looking forward to positive returns.
Snehal
Gwalior, September 29, 2024
★★★★★
Unique Investment Strategy
The TATA Nifty Alpha Fifty Index Fund NFO has a unique strategy focusing on high performing stocks It is an exciting new fund for my investment portfolio.
Vikram
Chandigarh, September 28, 2024
★★★★★
Early Days but Positive
I am happy to have invested early in the TATA Nifty Alpha Fifty Index Fund NFO. It is still early days but the funds strategy gives me confidence in its long term potential.
Aarti
Raipur, September 27, 2024
★★★★★
Inspiring Confidence
The NFO looks like a winner TATA has introduced a great fund with a focus on the Alpha Fifty Index I am confident in its future growth.
Harish
Jodhpur, September 24, 2024
★★★★★
Great New Addition
I love that the TATA Nifty Alpha Fifty Index Fund NFO gives exposure to top performing stocks. As a new fund it is shaping up to be a great addition to my portfolio.
Anita
Varanasi, September 24, 2024
★★★★★
Strong Market Focus
The TATA Nifty Alpha Fifty Index Fund NFO is a well timed launch It gives access to some of the best performing stocks in the market and I am excited to be part of it.
Kavya
Meerut, September 23, 2024
★★★★★
New Fund New Opportunities
I am always looking for fresh investment opportunities and the TATA Nifty Alpha Fifty Index Fund NFO is perfect for my portfolio Excited to see its performance.
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
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