Which funds are similar to Tata BSE Sensex Index Direct?
Funds similar to Tata BSE Sensex Index Direct in the Equity: Large Cap category are listed in the Similar Funds tab, selected based on same category and benchmark index.
How does Tata BSE Sensex Index Direct compare to the category average?
The comparison of Tata BSE Sensex Index Direct against the Equity: Large Cap category average — returns, alpha, beta and Sharpe — is shown in the Category vs Scheme Returns section at the top of the Similar Funds tab.
What is the rank of Tata BSE Sensex Index Direct in its category?
The rank of Tata BSE Sensex Index Direct within the Equity: Large Cap category is shown in the Trailing Returns section on the Performance tab and the Similar Funds tab.
What are the alternatives to Tata BSE Sensex Index Direct?
Top alternatives to Tata BSE Sensex Index Direct in the Equity: Large Cap category, sorted by AUM, are listed in the Similar Funds tab. Funds tracking the same benchmark — BSE Sensex Total Return Index — are also listed separately.
How does Tata BSE Sensex Index Direct's expense ratio compare to similar funds?
The expense ratio of Tata BSE Sensex Index Direct is 0.33%. Over a 20-year investment, a 0.5% difference in expense ratio on a ₹10 lakh corpus can amount to lakhs in additional wealth creation.
How does Tata BSE Sensex Index Direct's AUM compare to similar funds?
Tata BSE Sensex Index Direct has an AUM of ₹ 373.72 Cr. AUM reflects investor confidence. For small cap funds, very large AUM can limit portfolio flexibility.
Which fund has the best 3-year returns in the Equity: Large Cap category?
The top-performing funds by 3-year returns in the Equity: Large Cap category can be found by sorting the Similar Funds comparison table by the 3Y column.
Is Tata BSE Sensex Index Direct better than index funds in the same category?
Whether Tata BSE Sensex Index Direct beats index funds in the Equity: Large Cap category can be assessed by comparing its trailing returns against the benchmark returns in the Performance tab. Tata BSE Sensex Index Direct has an alpha of -3.31%, indicating underperformance vs the benchmark. Historically, active funds in India have shown mixed results vs index funds — large cap active funds tend to underperform index funds over 10 years, while mid/small cap active managers have often added alpha.
How does Tata BSE Sensex Index Direct rank in risk-adjusted returns vs peers?
Tata BSE Sensex Index Direct has a Sharpe ratio of 0.11 and alpha of -3.31%. A Sharpe of 0.11 means the fund generates moderate returns per unit of risk. Risk-adjusted comparison across category peers — Sharpe, alpha and beta — is shown in the Alpha, Beta & Sharpe section of the Performance tab.
Are there any funds tracking BSE Sensex Total Return Index with lower costs?
Funds tracking the same benchmark as Tata BSE Sensex Index Direct — BSE Sensex Total Return Index — are listed in the Similar Funds tab. Compare their expense ratios to find the most cost-efficient option for the same index exposure.
