Tata Money Market Fund Direct Growth+0.05%

1Groww
0.95%
1 Year Return
Debt
Money Market
1.0 star
6M
1Y
3Y
5Y
All

Fund Details

Tata Money Market Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.22%
NAV3330.1 (19 Aug 2019)
Fund Started01 Jan 2013
Fund Size375 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Tata Money Market Fund Direct Growth
0.9%
5.0%
6.3%
7.0%
Category Average
7.6%
7.1%
7.7%
-
Rank within category
14
13
13
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 0.9% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. Exit load is zero
    Cons
    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. Risk is higher compared to the benchmark
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Housing & Urban Development Corpn. Ltd.FinancialCP6.6%
    REC Ltd.FinancialCP6.6%
    Housing Development Finance Corpn. Ltd.FinancialCP6.5%
    Axis Bank Ltd.FinancialCD6.5%
    HDFC Bank Ltd.FinancialCD6.5%
    National Bank For Agriculture & Rural DevelopmentFinancialCP6.5%
    Small Industries Devp. Bank of India Ltd.FinancialCP6.5%
    Kotak Mahindra Prime Ltd.FinancialCP6.5%
    Oriental Bank of CommerceFinancialCD6.4%
    HDFC Credila Financial Services Pvt. Ltd.FinancialCP6.4%
    See All

    Other Details

    Tata Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Amit Somani is the Current Fund Manager of Tata Money Market Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹375 Cr and the Latest NAV as of 19 Aug 2019 is ₹3330.1.

    The Tata Money Market Fund Direct 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
    Nil
    Exit Load

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    About Tata Mutual Fund

    Address
    Mafatlal Centre, 9th Floor, Nariman Point Mumbai 400021
    Phone
    022 6657 8282
    Launch Date
    29 Jun 1995
    Website
    NA
    Tata Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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