Mumbai, September 12th, 2025: Tata Asset Management, one of India’s leading fund houses, further expands its passive offering with the launch of the Tata Nifty Next 50 Index Fund, an open-ended scheme that aims to track & replicate the performance of the Nifty Next 50 Index (TRI). The New Fund Offer (NFO) opens on September 12, 2025, and closes on September 26, 2025.
The Nifty Next 50 Index represents companies ranked 51–100 by free-float market capitalisation within the Nifty 100 universe. These are firms often seem to have a potential to become the blue chips of tomorrow,” with the possibility to graduate into the Nifty 50 over time. The index has historically offered investors exposure to emerging leaders across diverse industries such as power, capital goods, consumer services, healthcare, FMCG, realty, and specialty chemicals, many of which are underrepresented in the Nifty 50 index.
On the occasion, Anand Vardarajan, Chief Business Officer, Tata Asset Management said, “Nifty Next 50 represents a well-diversified set of large-cap companies that complement exposure to the Nifty 50. Through Tata Nifty Next 50 Index Fund, we aim to offer investors a transparent way to participate in the probable growth of such businesses that are shaping new opportunities across diverse sectors of the economy, which aim to strengthen their position in India’s capital markets.”
Nifty Next 50 provides more diversification at stock and basic industry level and has a well-rounded portfolio, where the top three sectors account for ~40% of the total index weight. In Nifty 50 however, the top three sectors account for ~60%. Nifty Next 50 index covers 19 unique industries among top 100 stocks. (Source: NSE | Data as on Aug 29, 2025).
Over the long term, Nifty Next 50 has delivered higher rolling returns compared to Nifty 50 and Nifty 100. The average 10-year rolling returns of Nifty Next 50 TRI was 15.94% (Source: NSE, ICRA-MFI | Data from 1st Jan 2003 to 1st Sep 2025), higher than the Nifty 50 TRI (14.09%) and Nifty 100 TRI (13.56%). (Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments)
The entry load is not applicable for Tata Nifty Next 50 Index fund, and an exit load of 0.25% if redeemed within 15 days from the date of allotment. The minimum subscription amount is Rs. 5,000 and in multiples of Re. 1 thereafter.