Fund Details
Tata Money Market Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.25% |
| NAV | ₹3719.39 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,864 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. 3Y Returns are lower than the category average returns
2. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 11.2% |
| GOI | Sovereign | CGL | 6.0% |
| GOI | Sovereign | CGL | 6.0% |
| IDFC First Bank Ltd. | Financial | CD | 5.0% |
| Axis Bank Ltd. | Financial | CD | 4.4% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 3.8% |
| Axis Finance Ltd. | Financial | CP | 3.2% |
| Indusind Bank Ltd. | Financial | CD | 3.2% |
| Network 18 Media & Investments Ltd. | Services | CP | 3.1% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.6% |
Fund Managers
Tata Money Market Fund Direct Growth Details
Tata Money Market 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. Amit Somani is the Current Fund Manager of Tata Money Market Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,864 Cr and the Latest NAV as of 23 Jul 2021 is ₹3719.39.
The Tata Money Market Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to generate returns with reasonable liquidity to the unit holders by investing in money market instruments.
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.
