Fund Details
Tata Medium Term Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.40% |
| NAV | ₹30.43 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹79 Cr |
Returns
Comparison
1. Lower expense ratio - 0.39%
2. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 10.4% |
| Green Infra Wind Energy Ltd. | Engineering | Debenture | 7.0% |
| LIC Housing Finance Ltd. | Financial | Debenture | 6.1% |
| Power Finance Corpn. Ltd. | Financial | NCD | 6.1% |
| SBI Cards & Payments Services Ltd. | Financial | Bonds/Deb | 6.0% |
| REC Ltd. | Financial | Debenture | 5.9% |
| India Infradebt Ltd. | Construction | Debenture | 5.9% |
| ONGC Petro Additions Ltd. | Energy | NCD | 5.9% |
| NUVOCO Vistas Corp Ltd. | Construction | Debenture | 5.7% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 5.6% |
Fund Managers
Tata Medium Term Fund Direct Growth Details
Tata Medium Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Murthy Nagarajan is the Current Fund Manager of Tata Medium Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹79 Cr and the Latest NAV as of 20 Jan 2021 is ₹30.43.
The Tata Medium Term Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 1% if redeemed within 365 days.
Investment Objective
The scheme seeks to generate income and capital appreciation over a medium term.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
