INVESTMENT STYLE:

An equity scheme which invests primarily in equities of Shariah compliant companies and other instrument if allowed under Shariah principles.

INVESTMENT OBJECTIVE:

To provide medium to long- term capital gains by investing in Shariah compliant equity and equity related instruments of well-researched value and growth - oriented companies. Tata Ethical Fund aims to generate medium to long term capital growth by investing in equity and equity related instruments of shariah compliant companies.

DATE OF ALLOTMENT:

May 24,1996

FUND MANAGER(S)

Abhinav Sharma (Managing Since 06-Sep-21 and overall experience of 22 years)

BENCHMARK:

Nifty 500 Shariah TRI

NAV

Direct - Growth	: 419.4073
Direct - IDCW	: 230.2351
Reg - Growth	: 372.5439
Reg - IDCW	: 151.8413
FUND SIZE
Rs.2566.59 (Rs. in Cr.)
MONTHLY AVERAGE AUM
Rs.2558.15 (Rs. in Cr.)
TURN OVER
Portfolio Turnover (Equity component only)	14.12%
EXPENSE RATIO**
Direct	0.75
Regular	1.98
**Note: The rates specified are actual month end expenses charged as on May 31, 2024. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, borrowing cost, wherever applicable.

VOLATILITY MEASURES^	FUND	BENCHMARK
Std. Dev (Annualised)	12.50	13.36
Sharpe Ratio	0.72	0.63
Portfolio Beta	0.88	NA
R Squared	0.93	NA
Treynor	0.86	NA
Jenson	0.13	NA
^Risk-free rate based on the FBIL Overnight MIBOR rate of 6.76% as on May 31, 2024 For calculation methodology

MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTMENT:

Rs. 5,000/- and in multiples of Re. 1/- thereafter.

ADDITIONAL INVESTMENT/
MULTIPLES FOR EXISTING INVESTORS:

Rs. 1,000/- and multiples of Re. 1/- thereafter.

LOAD STRUCTURE:

ENTRY LOAD	Not Applicable
EXIT LOAD	0.50% of NAV if redeemed/switched out on or before 90 days from the date of allotment.

Please refer to our Tata Mutual Fund website for fundamental changes, wherever applicable