Tata Asset Management Ltd. (TAML) is part of the Tata Group that manages Tata Mutual Fund. The company was established in 1994 and offers diverse investment options to investors based on their risk appetite, financial objectives, and income.
According to the company, their business is based on the 3 most significant aspects – performance, service, and trust. Its vision is to deliver a better quality of life to their investors by securing their financial future.
Tata Asset Management Ltd. currently offers hybrid funds, equity funds, and fixed income funds. The funds have received various awards over the years some of which include –
Tata Asset Management Ltd. is registered as a mutual fund with SEBI under the registration code MF/023/95/9. The company registered itself as a portfolio manager in 14 September 2004 with the registration code INP000001058. It also operates a Foreign Institutional Investor (FII) - Tata Asset Management (Mauritius) Private Ltd., registered with SEBI under the registration code INMUFD161207.
While Tata Sons Ltd. holds 67.91% shares in TAML, 32.09% shares are held by Tata Investment Corporation Ltd.
As of 31 March 2024, Tata Asset Management Ltd has an asset under management (AuM) of Rs. 147169.65 Crores.
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
Tata Money Market Fund | Debt | Moderate | 8.4% | 5 | ₹32,550 |
Tata Arbitrage Fund | Hybrid | Low | 7.7% | 5 | ₹15,922 |
Tata Small Cap Fund | Equity | Very High | 5.0% | 4 | ₹11,163 |
Tata Large Cap Fund | Equity | Very High | 1.1% | 4 | ₹2,701 |
Tata Balanced Advantage Fund | Hybrid | Very High | 4.5% | 4 | ₹10,353 |
Tata Gilt Securities Fund | Debt | Moderate | 10.2% | 4 | ₹1,149 |
Tata Ultra Short Term Fund | Debt | Moderate | 8.1% | 4 | ₹4,370 |
Tata Overnight Fund | Debt | Low | 6.4% | 4 | ₹3,941 |
Tata Midcap Growth Fund | Equity | Very High | 1.3% | 3 | ₹4,701 |
Tata India Pharma & Healthcare Fund | Equity | Very High | 13.9% | 3 | ₹1,281 |
Tata Banking and Financial Services Fund | Equity | Very High | 16.8% | 3 | ₹2,957 |
Tata Mid Cap Fund | Equity | Very High | 0.2% | 3 | ₹4,985 |
Tata Equity PE Fund | Equity | Very High | 1.2% | 3 | ₹8,506 |
Tata Value Fund | Equity | Very High | -1.1% | 3 | ₹8,839 |
Tata Focused Equity Fund | Equity | Very High | 2.8% | 3 | ₹1,795 |
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| Mutual fund name | Tata Mutual Fund | ||
| Asset management company name | Tata Asset Management Ltd. | ||
| AMC Setup Date | 30 June 1995 | ||
| AMC Incorporation Date | 15 March 1994 | ||
| Sponsor name | Tata Sons Ltd. | Tata Investment Corp. Ltd. | |
| Trustee organisation | Tata Trustee Company Private Ltd. | ||
| Name of trustees | Mr. Pratip Kar(Chairman) | Mr. Cyrus F Vachha(Independent Director) | Mr. Shuva Mandal(Associate Director) |
| MD and CEO | Mr. Prathit Bhobe | ||
| Chairman | Mr. Rajiv Sabharwal | ||
| CIO | Mr. Rahul Singh | ||
| Compliance Officer | Mr. Upesh Shah | ||
| Investor Service Officer | Ms. Kashmira Kalwachwala |
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You can invest in Tata Mutual Fund online simply by following the few steps mentioned below:
Step 1. Log-in to your Groww account or register yourself if you don’t have one.
Step 2. Upload your proof of identity documents like Aadhaar, Voter ID, PAN, Driving License, Passport, Central or State Government ID card, etc.).
Step 3. Upload your proof of address documents like any identity proof documents with your permanent address, etc.
Step 4. Select the period you want to invest your funds.
Step 5. Choose your risk appetite - low, mid, or high.
Step 6. Select your preferred Tata Mutual Fund.
Step 7. Click on “Invest One Time” is you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
The Tata Mutual Fund in India you have invested in will appear in your Groww account within 3 to 4 working days.
1. Mr. Akhil Mittal
Mr. Akhil Mittal holds a B.Com degree from the Panjab University and an MBA degree from the University Business School.
Mr. Mittal was the Assistant Manager at Rallis India Ltd. back in 2004. He became the Senior Manager of Edelweiss Capital Ltd. in 2006. In 2008, he moved to Canara Robeco Mutual Fund as the Fund Manager of Fixed Income. Two years later, he became the Fund Manager of Principal PNB Mutual Fund. He re-joined Canara Robeco Mutual Fund as the Fund Manager of Fixed Income in 2011.
Mr. Mittal joined Tata Mutual Fund in 2014 as the Senior Fund Manager of Fixed Income. He manages an AuM of Rs. 4,102 invested in 18 schemes including Tata Dynamic Bond, Tata Income Fund, Tata Treasury Advantage, Tata Balanced Advantage Fund, etc.
2. Mr. Sonam Udasi
Mr.Sonam Udasi holds a Post Graduate Diploma in Business Administration with specialisation in Finance.
He joined Prime Securities back in 2007 as the Director of Research. A year later, he became the VP Research and Group Head of Consumers at Brics Securities. In 2010, he was appointed as the Senior Vice President and Head of Research at IDBI Capital.
Mr. Udasi joined Tata Asset Management Ltd. in 2014. He manages an AuM of Rs. 12,863 Crore invested in 19 schemes like Tata Banking and Financial Services Fund, Tata India Consumer Fund, Tata Retirement Savings Fund, Tata Equity PE Fund, etc.
3. Ms. Ennette Fernandes
Ennette Fernandes is a B.Com graduate, holding a PGDM in Finance from the Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE).
She initially joined Phillip Capital India in 2009 as a Research Analyst on FMCG sector. Ms. Fernandes became the Research Analyst at Tata Mutual Fund in 2014. Her areas of concentration were FMCG, textile, consumer durables, retail, media, and building products.
She became the Assistant Fund Manager in the company in 2018. Ms. Fernandes manages an AuM of Rs. 6,827 invested in 14 schemes like Tata India Consumer Fund, Tata Retirement Savings Fund Progressive Plan, Tata Large Cap, Tata Midcap, Tata India Tax Savings Fund, etc.
4. Mr. Amey Sathe
Mr. Amey Sathe holds a B.Com and M.Com degree from the Mulund College of Commerce. He is an MMS in Finance from the SIES College of Management Studies. Mr. Sathe is also a Chartered Financial Analyst from the USA.
He was initially an Analyst in Bank of America in 2006. From there, he moved to HDFC Securities as an Analyst of Institutional Equities in 2008. A year later, he joined CARE Ratings where he headed the Credit Ratings of banks, NBFCs, and HFCs. The same year, he became the Assistant Vice President of Equity Research of JM Financial Institutional Securities Ltd.
Mr. Sathe joined Tata Asset Management Ltd. as a Research Analyst in 2015. He became an Assistant Fund Manager in 2018. Currently, he manages an AuM of Rs. 5,911 Crore invested in 8 schemes like Tata Banking and Financial Services, Tata Equity PE Fund, Tata Equity PE Fund Dividend Trigger Option A, etc.
5. Mr. Rupesh Patel
Mr. Rupesh Patel holds a Civil Engineering degree and an MBA degree from the Sardar Patel University.
Mr. Patel began his career as a Project Manager at Gujarat State Road Development Corporation Ltd. in 1999. He joined CARE Ratings in 2001 as a Deputy General Manager of Corporate Sector Ratings. In 2007, he became the Assistant Vice President of Investments at IndiaReit Fund Advisors Ltd.
Mr. Patel joined Tata Mutual Fund as a Deputy General Manager of Investments in 2008. He became the Head of PMS in 2012. A year later, he became a Fund Manager. Mr. Patel manages an AuM of Rs. 4,506 Crore invested in 14 schemes like Tata Large Cap, Tata Midcap, Tata Infrastructure, Tata Ethical, Tata India Tax Savings Fund, etc.
6. Mr. Sailesh Jain
Mr. Sailesh Jain has a B.Com degree from the Jai Hind College and is an MBA in Finance and Strategy from the Queensland University of Technology.
Mr. Jain was the Assistant Vice President of Derivatives at Brics Securities in 2004. He became the Fund Manager of Derivatives at Lotus India Mutual Fund in 2006. In 2008, he joined India Infoline Ltd. (IIFL Ltd.) as the as the Vice President of Derivatives. Two years later, he became the Vice President of Derivatives & Equities at Quant Capital Private Ltd. He joined IDFC Ltd. as the Senior Vice President of Equity Derivatives in 2016.
MR. Sailesh Jain joined Tata Asset Management Ltd. as the Fund Manager of Equities in 2018. He currently manages an AuM of Rs. 1,782 Crore invested in 15 schemes like Tata Digital India Fund, Tata Resources & Energy Fund, Tata India Pharma & HealthCare Fund, Tata Equity Savings Fund, etc.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.76% & 6.33%. The Tata Money Market Fund comes under the Debt category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Money Market Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹32,550Cr |
| 1Y Returns | 8.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.72% & 6.38%. The Tata Arbitrage Fund comes under the Hybrid category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Arbitrage Fund is ₹5,000 and for SIP, it is ₹150.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹15,922Cr |
| 1Y Returns | 7.7% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 29.21% & 36.11%. The Tata Small Cap Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Small Cap Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹11,163Cr |
| 1Y Returns | 5.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.57% & 21.84%. The Tata Large Cap Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Large Cap Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,701Cr |
| 1Y Returns | 1.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 14.5% & 15.44%. The Tata Balanced Advantage Fund comes under the Hybrid category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Balanced Advantage Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹10,353Cr |
| 1Y Returns | 4.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 9.11% & 6.12%. The Tata Gilt Securities Fund comes under the Debt category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Gilt Securities Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,149Cr |
| 1Y Returns | 10.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.49% & 6.09%. The Tata Ultra Short Term Fund comes under the Debt category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Ultra Short Term Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹4,370Cr |
| 1Y Returns | 8.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.46% & 5.2%. The Tata Overnight Fund comes under the Debt category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Overnight Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹3,941Cr |
| 1Y Returns | 6.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 27.41% & 28.57%. The Tata Midcap Growth Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Midcap Growth Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹4,701Cr |
| 1Y Returns | 1.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.95% & 23.62%. The Tata India Pharma & Healthcare Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata India Pharma & Healthcare Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,281Cr |
| 1Y Returns | 13.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.95% & 23.8%. The Tata Banking and Financial Services Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Banking and Financial Services Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,957Cr |
| 1Y Returns | 16.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.91% & 29.15%. The Tata Mid Cap Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Mid Cap Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹4,985Cr |
| 1Y Returns | 0.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.79% & 25.01%. The Tata Equity PE Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Equity PE Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹8,506Cr |
| 1Y Returns | 1.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.48% & 24.63%. The Tata Value Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Value Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹8,839Cr |
| 1Y Returns | -1.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.88% & 24.54%. The Tata Focused Equity Fund comes under the Equity category of Tata Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Tata Focused Equity Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,795Cr |
| 1Y Returns | 2.8% |
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