|Min SIP Amount||₹500|
|NAV||₹1114.39 (02 Dec 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,093 Cr|
|Reserve Bank of India||Financial||T-Bills||5.9%|
|ICICI Bank Ltd.||Financial||CD||4.5%|
|Network 18 Media & Investments Ltd.||Services||CP||4.5%|
|Reliance Retail Ventures Ltd.||Services||CP||4.5%|
|Tata Motors Finance Ltd.||Financial||CP||4.5%|
|Power Finance Corpn. Ltd.||Financial||CP||4.5%|
|Axis Bank Ltd.||Financial||CD||4.4%|
|Sundaram Home Finance Ltd.||Financial||CP||3.2%|
Tata Money Market Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amit Somani is the Current Fund Manager of Tata Money Market Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹1,093 Cr and the Latest NAV as of 02 Dec 2020 is ₹1114.39.
The Tata Money Market Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate returns with reasonable liquidity to the unit holders by investing in money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.