MF Gyan
otherLow risk14 years old

Tata MIP Plus Fund - Direct Plan - Growth

A specialised fund. Check the scheme details for what it invests in. From Tata Mutual Fund. It's been running since 7 Jan 2013.

Latest price per unit
₹25.3754
▲ 0.07% today
As of 28 Aug 2015 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.15 L
▲ ₹15.1k gain · 15.1% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹63.0k
Gain / loss+₹3.0k
XIRR (annualised)9.68%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹63.2k
Projected gain*+₹3.2k
*at this fund's historical rate of 9.68% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Income

Same plan
1-year return
15.07%median 4.48% (+10.59%)
Rank #56 of 501Beats 87% of peers
Bumpiness (3Y)
5.00%median 4.87% (+0.13%)
Rank #248 of 501Less risky than 50% of peers
Worst-ever drop
-7.57%median -6.75% (-0.82%)
Rank #237 of 501Less risky than 53% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 3 years were positive.

+5%
2013
+21%
2014
+6%
2015
Best year
2014 · 21.00%
Worst year
2013 · 5.19%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
5.0%

The value swings roughly 5% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-7.57%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Tata MIP Plus Fund - Direct Plan - Growth against other other funds.

Technical details (for the pros)
CAGR — 1 year15.07%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch12.05%
Volatility — 1 year (annualised)4.37%
Volatility — 3 years (annualised)5.00%
Max drawdown — 1 year-2.27%
Max drawdown — 3 years-7.57%
Sharpe ratio — 1 year (rf=6%)2.00
Sharpe ratio — 3 years (rf=6%)1.18

Fund info

Fund house
Tata Mutual Fund
Category
Income
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
119977
First price on record
7 Jan 2013 · 636 daily prices

About Tata MIP Plus Fund - Direct Plan - Growth

Tata MIP Plus Fund - Direct Plan - Growth is a Income offered by Tata Mutual Fund under the Direct plan with the Growth option. It has approximately 14 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Tata MIP Plus Fund - Direct Plan - Growth is ₹25.3754 (as of 28 Aug 2015). Historically, it has delivered 15.06% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 5.0% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 7.6%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Tata MIP Plus Fund - Direct Plan - Growth?+

The latest NAV of Tata MIP Plus Fund - Direct Plan - Growth is ₹25.3754 as of 28 Aug 2015, up 0.07% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Tata MIP Plus Fund - Direct Plan - Growth?+

Tata MIP Plus Fund - Direct Plan - Growth has delivered 1-year return 15.06%, since-inception CAGR 12.05%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Tata MIP Plus Fund - Direct Plan - Growth belong to?+

Tata MIP Plus Fund - Direct Plan - Growth is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is Tata MIP Plus Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 5.0%, Tata MIP Plus Fund - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Tata MIP Plus Fund - Direct Plan - Growth a direct plan?+

Tata MIP Plus Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Tata MIP Plus Fund - Direct Plan - Growth?+

Tata MIP Plus Fund - Direct Plan - Growth has NAV history available from 7 Jan 2013 — approximately 14 years of track record and 636 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.