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Tata Mutual Fund

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 –

  • CNBC TV 18 Mutual Fund Awards awarded the Tata Equity P/E Fund as the Best Value/Contra Fund.
  • CNBC TV 18 Mutual Fund Awards also awarded the Tata Treasury Advantage Fund as the Best Low Duration Debt Fund.
  • Thomson Reuters Lipper India 2018 Fund Awards awarded the Tata Retirement Savings-Moderate (3 years & 5 years) in the Mixed Asset INR Aggressive category.
  • Business Today-Money Today Financial Awards awarded the Tata Balanced Fund as the Best Long-Term Balanced Fund in its category.

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.

The company reported a total revenue of Rs. 2.12 billion, a profit before tax of Rs. 585 million, and a profit after tax of Rs. 386 million for the year ended March 2018.

As of 31 March 2019, Tata Asset Management Ltd. offers 202 schemes and has an asset under management (AuM) of Rs. 54,193 Crore.

Top Performing Tata Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Tata Digital India FundEquityVery High84.6%4₹3,842
Tata Flexi Cap FundEquityVery High33.3%4₹2,159
Tata Index Sensex FundOtherVery High29.5%4₹104
Tata Banking and Financial Services FundEquityVery High22.6%4₹856
Tata Retirement Savings FundSolution OrientedModerately High10.2%4₹189
Tata Dynamic Bond FundDebtModerate4.8%4₹215
Tata Money Market FundDebtModerate4.1%4₹7,126
Tata Liquid FundDebtLow to Moderate3.3%4₹8,688
Tata Multi Asset Opportunities FundHybridVery High31.3%4₹1,115
Tata Arbitrage FundHybridLow4.8%4₹11,980
Tata Balanced Advantage FundHybridModerately High22.0%4₹3,849
Tata Small Cap FundEquityVery High73.1%3₹1,721
Tata Midcap Growth FundEquityVery High44.2%3₹1,460
Tata Ethical FundEquityVery High46.0%3₹1,091
Tata Infrastructure FundEquityVery High58.7%3₹758
View All Top Performing Tata Mutual Funds

Key information about Tata Asset Management Ltd.

Mutual fundTata Mutual Fund
Asset management companyTata Asset Management Ltd.
Set up30 June 1995
Incorporated15 March 1994
SponsorsTata Sons Ltd.Tata Investment Corp. Ltd.
TrusteeTata Trustee Company Private Ltd.
Name of trusteesMr. Pratip Kar(Chairman)Mr. Cyrus F Vachha(Independent Director)Mr. Shuva Mandal(Associate Director)
ChairmanMr. Rajiv Sabharwal
MD and CEOMr. Prathit Bhobe
CIOMr. Rahul Singh
Investor Service OfficerMs. Kashmira Kalwachwala
Compliance OfficerMr. Upesh Shah

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How can you invest in Tata Mutual Funds?

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.

Top Fund Managers

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.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Tata Digital India Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 41.44% & 34.99%. The Tata Digital India Fund comes under the Equity category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Digital India Fund is ₹5,000 and for SIP, it is ₹150.

Min Investment Amt₹5,000
AUM₹3,842Cr
1Y Returns84.6%

Tata Flexi Cap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 18.36% & null%. The Tata Flexi Cap Fund comes under the Equity category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Flexi Cap Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹2,159Cr
1Y Returns33.3%

Tata Index Sensex Direct

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.26% & 17.56%. The Tata Index Sensex Fund comes under the Other category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Index Sensex Fund is ₹5,000 and for SIP, it is ₹150.

Min Investment Amt₹5,000
AUM₹104Cr
1Y Returns29.5%

Tata Banking and Financial Services Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16.56% & 17.78%. 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 ₹500.

Min Investment Amt₹5,000
AUM₹856Cr
1Y Returns22.6%

Tata Retirement Savings Fund Conservative Plan Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 10.41% & 9.55%. The Tata Retirement Savings Fund comes under the Solution Oriented category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Retirement Savings Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹189Cr
1Y Returns10.2%

Tata Dynamic Bond Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.06% & 6.38%. The Tata Dynamic Bond Fund comes under the Debt category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Dynamic Bond Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹215Cr
1Y Returns4.8%

Tata Money Market Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.49% & 5.13%. 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₹7,126Cr
1Y Returns4.1%

Tata Liquid Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 4.92% & 5.77%. The Tata Liquid Fund comes under the Debt category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Liquid Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹8,688Cr
1Y Returns3.3%

Tata Multi Asset Opportunities Fund Direct Growth

Fund Performance: The Tata Multi Asset Opportunities Fund comes under the Hybrid category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Multi Asset Opportunities Fund is ₹5,000 and for SIP, it is ₹150.

Min Investment Amt₹5,000
AUM₹1,115Cr
1Y Returns31.3%

Tata Arbitrage Fund Direct Growth

Fund Performance: 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 ₹500.

Min Investment Amt₹5,000
AUM₹11,980Cr
1Y Returns4.8%

Tata Balanced Advantage Fund Direct Growth

Fund Performance: 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 ₹150.

Min Investment Amt₹5,000
AUM₹3,849Cr
1Y Returns22.0%

Tata Small Cap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 30.32% & null%. 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 ₹500.

Min Investment Amt₹5,000
AUM₹1,721Cr
1Y Returns73.1%

Tata Midcap Growth Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.02% & 19.41%. 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 ₹500.

Min Investment Amt₹5,000
AUM₹1,460Cr
1Y Returns44.2%

Tata Ethical Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 22.69% & 18.1%. The Tata Ethical Fund comes under the Equity category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Ethical Fund is ₹5,000 and for SIP, it is ₹150.

Min Investment Amt₹5,000
AUM₹1,091Cr
1Y Returns46.0%

Tata Infrastructure Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.42% & 15.22%. The Tata Infrastructure Fund comes under the Equity category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Infrastructure Fund is ₹5,000 and for SIP, it is ₹500.

Min Investment Amt₹5,000
AUM₹758Cr
1Y Returns58.7%

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