TATA Mutual Fund is launching Tata Dividend Yield Fund. The NFO will open on May 3rd and will close on May 17th, 2021.

Read on more to find out more in detail.

Investment Objective

The main objective of this fund is to invest in a well-diversified portfolio of equity and equity-related instruments of dividend-yielding companies to provide capital appreciation and/or distribute dividends

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Indicative Asset Allocation

Instruments Indicative allocations 

(% of net assets) 

Risk Profile
Minimum  Maximum  High/Medium/Low
Equity and equity-related instruments of Dividend Yielding Companies  65  100  High
Other Equity & Equity related Instruments of Companies other than above  35  High
Debt and money market instruments  35  Low to Medium
Units issued by REITs & InvITs  10  Medium to High

Fund Details

Scheme Name Tata Dividend Yield Fund
Type of Scheme An open-ended equity scheme predominantly investing in dividend-yielding stocks
NFO Dates May 3 to May 17, 2021
Fund Manager Mr. Sailesh Jain (lead fund manager)

Mr. Rahul Singh (co-fund manager)

Mr. Venkat Samala (fund manager-overseas investments)

Mr. Murthy Nagarajan (fund manager-debt portfolio)

Minimum Amount for Application during NFO Rs. 5,000 and in multiples of Re.1
Minimum Additional Application Amount Rs. 1,000 and in multiples of Re.1
Minimum Redemption Amount Rs.500 or 50 units or folio

balance whichever is lower.  

Minimum SIP Amount Rs 500 per month
Load Entry load: N.A

Exit Load:

  1. NIL: If the withdrawal or switched out amount is not more than 12% of the original investment amount and the investor exits the scheme before the completion of 1 year from the date of allotment of units
  2. 1%: If the withdrawal or switched out amount is more than 12% of the original investment and if the investor exits after 1 year
  3. NIL: If the investor exits after 1 year
Plans Regular and Direct
Options Growth Option 

Payout of Income Distribution Cum Capital Withdrawal Option 

Reinvestment of Income Distribution cum capital withdrawal option  

Fund Managers

The fund managers of Tata Dividend Yield Fund launched by Tata Mutual fund are:

Mr. Sailesh Jain

He is the lead fund manager with experience of 15 years. He has worked with companies like IIFL, Quant Broking, and IDFC Securities.

Other funds managed by him:

  • Tata Equity Savings Fund 
  • Tata Arbitrage  Fund
  • Tata Nifty Exchange Traded Fund
  • Tata Nifty Private Bank  Exchange Traded  Fund
  • Tata Quant Fund
  • Tata Balanced Advantage Fund
  • Tata Multi-Asset Opportunities Fund 

Mr. Rahul Singh

He is the co-fund manager with 25 years of experience. He has worked with companies like Citigroup, Standard Chartered, and Ampersand Capital.

Other funds managed by him:

  • Tata Balanced  Advantage Fund 
  • Tata  Focused Equity Fund
  • Tata Multi Asset  Opportunities Fund

Mr. Venkat Samala:

He is the dedicated fund manager for overseas investments with experience of 6 years. He has worked with Quality Engineering and Software Services before joining Tata Mutual fund.

He handles the overseas investments of the following funds:

  • Tata Focused Equity  Fund
  • Tata Digital India  Fund
  • Tata Large Cap  Fund

Mr. Murthy Nagarajan

He is the dedicated fund manager for the debt portfolio with experience of 25 years. He has worked with Mirae AMC and Quantum AMC, apart from Tata MF.

Other funds managed by him:

  • Tata Gilt Securities  Fund
  • Tata Short Term  Bond Fund
  • Tata  Medium Term Fund,  
  • Tata Hybrid Equity Fund  (Debt Portfolio)
  • Tata Equity Savings Fund (Debt Portfolio)
  • Tata Retirement Savings Fund (Debt Portfolio) – Progressive, Moderate &  Conservative Plan,
  • Debt  Portfolio of Tata Multi-Asset Opportunities Fund 

Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.