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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.

As of 31 March 2022, Tata Asset Management Ltd has an asset under management (AuM) of Rs. 86713.21 Crore.

List of undefined in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Tata Money Market FundDebtModerate4.1%5₹7,643
Tata Arbitrage FundHybridLow3.9%5₹8,386
Tata S&P BSE Sensex Index FundOtherVery High9.2%4₹137
Tata Balanced Advantage FundHybridModerately High8.0%4₹5,100
Tata Banking and Financial Services FundEquityVery High0.9%4₹933
Tata Medium Term FundDebtModerate3.8%4₹77
Tata Dynamic Bond FundDebtModerate5.0%4₹144
Tata Ultra Short Term FundDebtLow to Moderate4.1%4₹1,327
Tata Small Cap FundEquityVery High5.4%3₹2,034
Tata Midcap Growth FundEquityVery High5.4%3₹1,462
Tata Infrastructure FundEquityVery High16.6%3₹790
Tata Large & Mid Cap FundEquityVery High10.1%3₹2,846
Tata India Tax Savings FundEquityVery High10.5%3₹2,743
Tata Flexi Cap FundEquityVery High4.8%3₹2,004
Tata Nifty 50 Index FundOtherVery High9.1%3₹263
View All

Key information about Tata Asset Management Ltd.

Mutual fund nameTata Mutual Fund
Asset management company nameTata Asset Management Ltd.
AMC Setup Date30 June 1995
AMC Incorporation Date15 March 1994
Sponsor nameTata Sons Ltd.Tata Investment Corp. Ltd.
Trustee organisationTata 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
Compliance OfficerMr. Upesh Shah
Investor Service OfficerMs. Kashmira Kalwachwala

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How can you invest in ?

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 Money Market Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.26% & 4.78%. 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₹7,643Cr
1Y Returns4.1%

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 ₹150.

Min Investment Amt₹5,000
AUM₹8,386Cr
1Y Returns3.9%

Tata S&P BSE Sensex Index Direct

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.08% & 13.8%. The Tata S&P BSE Sensex Index Fund comes under the Other category of Tata Mutual Funds.

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

Min Investment Amt₹5,000
AUM₹137Cr
1Y Returns9.2%

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₹5,100Cr
1Y Returns8.0%

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 12.27% & 9.58%. 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 ₹150.

Min Investment Amt₹5,000
AUM₹933Cr
1Y Returns0.9%

Tata Medium Term Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.37% & 3.27%. The Tata Medium Term Fund comes under the Debt category of Tata Mutual Funds.

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

Min Investment Amt₹5,000
AUM₹77Cr
1Y Returns3.8%

Tata Dynamic Bond Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.62% & 6.32%. 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₹144Cr
1Y Returns5.0%

Tata Ultra Short Term Fund Direct Growth

Fund Performance: 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₹1,327Cr
1Y Returns4.1%

Tata Small Cap Fund Direct Growth

Fund Performance: 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 ₹150.

Min Investment Amt₹5,000
AUM₹2,034Cr
1Y Returns5.4%

Tata Midcap Growth Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 24.6% & 14.22%. 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 ₹150.

Min Investment Amt₹5,000
AUM₹1,462Cr
1Y Returns5.4%

Tata Infrastructure Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 23.43% & 12.59%. 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 ₹150.

Min Investment Amt₹5,000
AUM₹790Cr
1Y Returns16.6%

Tata Large & Mid Cap Fund Direct Plan Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.9% & 13.77%. The Tata Large & Mid Cap Fund comes under the Equity category of Tata Mutual Funds.

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

Min Investment Amt₹5,000
AUM₹2,846Cr
1Y Returns10.1%

Tata India Tax Savings Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.25% & 13.03%. The Tata India Tax Savings Fund comes under the Equity category of Tata Mutual Funds.

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

Min Investment Amt₹500
AUM₹2,743Cr
1Y Returns10.5%

Tata Flexi Cap Fund Direct Growth

Fund Performance: 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 ₹150.

Min Investment Amt₹5,000
AUM₹2,004Cr
1Y Returns4.8%

Tata Nifty 50 Index Direct

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.61% & 12.93%. The Tata Nifty 50 Index Fund comes under the Other category of Tata Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Tata Nifty 50 Index Fund is ₹5,000 and for SIP, it is ₹150.

Min Investment Amt₹5,000
AUM₹263Cr
1Y Returns9.1%

FAQs on Tata Mutual Fund

How to Start Tata Mutual Fund SIP Online?

One can start investing in Tata Mutual Fund online through Groww without any hassles. Alternatively, they can also invest through the respective fund houses’ website. One can also make use of any other online platform or mobile application to invest in Tata Mutual Funds.

How to Calculate Tata Mutual Fund SIP?

To calculate Tata Mutual Fund SIP, one needs to take into account certain things such as:

  1. the investment amount
  2. the tenure of SIP
  3. the number of your Tata Mutual Fund SIPs (if there's any) already paid
  4. expected interest rate

How to redeem Tata Mutual Fund?

To redeem Tata Mutual Funds through offline mode, one can visit the nearest fund house and submit a form. Alternatively, an investor can also visit the official website and redeem the investment by signing in with the folio number. They can also withdraw their Tata Mutual Fund investments from any online portal where they have invested.

How to increase SIP amount in axis mutual fund?

An Tata Mutual Fund sip amount can be increased with the help of Step-up or top-up SIPs. Earlier, this facility was provided by very few fund houses. Now, however, most of them offer it but it is advisable to check with the fund house first. If the facility is available, it is advisable to check with Step-up Calculator to calculate the SIP Amount and then take any decision.

How to stop a SIP in an Tata Mutual Fund online?

Yes, you can stop your SIP online at any time by just placing a Cancel SIP request. To stop or cancel your SIP, you can either log in to the Tata Mutual Funds website with a folio number or contact your agent or check the steps on the online investment platform where you have invested.

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