Tata Money Market Fund Regular Growth is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was introduced to investors on 22 May 2003. Amit Somani is the Current Fund Manager of Tata Money Market Fund Regular Growth.The fund currently has an Asset Under Management(AUM) of ₹524 Cr and the Latest NAV as of 20 Jan 2020 is ₹3398.44.
The Tata Money Market Fund Regular Growth is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
Targeted at providing high liquidity and reasonable returns with capital preservation by primarily investing in money market instruments issued by high rated corporate sectors.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment