Tata Mutual Fund

Tata Mutual Fund is managed by Tata Asset Management Limited which is a part of the Tata Group, One of India's largest and well-known multinational conglomerates. Tata Mutual Fund was established in 1994 with a vision to secure the financial future of investors and provide them with a better quality of life.

Tata Mutual Fund has always stayed on the path of its vision and has been recognised as one of the leading mutual fund investment companies in India. Backed by the strong business ethics of Tata Group, Tata Mutual Fund leads with its core strengths that stems from its intellectual capital and robust risk management framework.

Tata Mutual Fund offers a wide array of investment solutions - equity funds, hybrid funds, debt funds, tax saving funds, solution based funds, etc to cater to investors across the entire risk-return spectrum. The company also offers portfolio management services to high net worth individuals and advisory services to offshore investors.

Tata Mutual Fund has a nationwide presence with 36 scheme offerings and assets under management of ₹48,202 crores as on 30th June 2020.

Tata Mutual Fund caters to a diverse customer base with varying investment requirements, time horizon, return expectations and risk profiles.

As of now, the investors can choose from a bouquet of 36 Tata Mutual Fund schemes across different fund categories. Here is a list of top-performing Tata Mutual Funds across various fund categories.

Equity Funds of Tata Mutual Fund have a goal to generate long-term capital appreciation for the investors by primarily investing the same in equity or equity-related instruments. These instruments usually have a high potential to generate good returns, as compared to the other categories. However, the quotient of risk usually ranges from moderately high to high as equity mutual funds are associated with volatility.

Presently, there are 18 open-ended Equity schemes by Tata Mutual Funds. These equity funds of Tata Mutual Fund vary depending on their investment strategy - large-cap, mid-cap, small-cap, sectoral, thematic, multi-cap, etc. The total AUM of all these 18 schemes is ₹19758.59 Crores as on 31st July 2020.

Here is a list of the top performing Tata Mutual Funds in the equity category.

Debt Mutual Funds primarily invest in debt markets as well as money market instruments like Commercial Deposits, Treasury Bills, secured Government Bonds and Guarantees, Commercial Papers, Corporate bonds, etc. The element of risk associated with Tata Debt Mutual Fund usually ranges from low to moderately risky and is thus quite suitable for risk averse or conservative investors. Presently, Tata Mutual Fund offers 11 open-ended schemes in this category.

The debt category mutual funds consist of some of the funds with large AUM like Tata Liquid Fund (AUM ₹20,068 Crores, as on 31st July 2020), Tata Short-Term Bond Fund (AUM ₹2,977 crores, as on 31st July 2020), Tata Overnight Fund (AUM ₹2, 338 crores, as on 31st July 2020) and Tata Gilt Securities Fund (AUM ₹199 Crores, as on 31st July 2020), etc.

Here is a list of the top-performing funds of Tata Mutual Fund in the debt category.

Hybrid Funds of Tata Mutual Fund or Tata Hybrid Mutual Funds invest in both equity as well as debt instruments in order to offer investors a combination of capital appreciation and income. The investment proportion of debt and equity component depends on the scheme's investment objective.

There are multiple hybrid funds offered by Tata Mutual Fund which ranges from moderately high to moderately low risk categories. As of right now, there are seven Hybrid schemes offered by Tata Mutual funds.

Here is a list of five top performing funds of Tata Mutual Fund in the hybrid category.

Tax Saving Funds of Tata Mutual Fund are a part of the ELSS (Equity Linked Savings Scheme). category which provides manifold benefits to its investors. Tata Tax Saving Mutual Fund being an equity mutual fund scheme provides the benefit of capital appreciation through equity investment. Also, the investment done in Tata ELSS Fund upto ₹1.5 lakhs per annum can be used to save tax for the investor under section 80C of the Income Tax Act, 1961. However, ELSS investments are subject to a mandatory locked-in period of 3 years, which is the least when compared to the lock-in periods of other 80C investments. An investor can invest in Tata Mutual Fund online with as low as ₹500 only.

There is only one open-ended Tata Tax Saving fund called Tata India Tax Savings Fund with an AUM of ₹1,953 crores as on 31st July 2020.

The ELSS Fund of Tata Mutual Fund is an equity fund with multi-cap investments. This means that the Tata Tax Saving Mutual Fund can choose to invest in all types of companies in the industry with no specification on the size and sector and thus helps the investor to create a diversified portfolio.

• Tata Liquid Fund - Direct Plan

  • Investment Objective:

    The fund objective of the Tata Liquid Fund - Direct Plan is to generate reasonable profit along with providing high liquidity to the investor. The fund primarily invests into money market instruments like certificate of deposits, treasury bills and term deposits to offer high liquidity and 'low-risk' return, specifically for the short-term.

  • Fund Details:

    The fund category is 'Liquid Fund' under Debt funds. The fund had an AUM of ₹20,068.29 Crores as on 31st July 2020. The scheme was launched on 02-Jan-2013. This Tata Mutual Fund NAV for the Direct Plan, Growth was ₹3,186.45 as on 26-Aug-2020 and the same for Regular Plan, Growth was ₹3,166.24. The fund has given 7.70% average annualised return (CAGR) since inception. The benchmark for this scheme is CRISIL Liquid Fund Index and the fund managers are Mr. Amit Somani and Mr. Abhishek Sonthalia.

    The expense ratio of the Tata Liquid Fund-Direct Plan is 0.22 % and the same for regular plan is 0.33%. There would be an exit load of 0.0070% if you redeem within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days and 0.0045% if you redeem within 6 days. There would not be any exit load applicable if you redeem after 7 days.

    Tata Liquid Fund - Direct Plan mainly invests in treasury bills and commercial papers. Here is the detailed table on holding for this scheme.

    The portfolio holding as on 30-June-2020 is:

    Company	Instrument	% of Total AUM
    Reserve Bank of India 91-D 01/10/2020	Treasury Bills	12.08
    Reserve Bank of India 91-D 24/09/2020	Treasury Bills	7.24
    Reserve Bank of India 84-D 20/08/2020	Treasury Bills	6.21
    Reserve Bank of India 182-D 20/08/2020	Treasury Bills	5.99
    Reserve Bank of India 91-D 27/08/2020	Treasury Bills	3.95
    Reserve Bank of India 364-D 01/10/2020	Treasury Bills	3.06
    Indian Oil Corp. 17-D 03/08/2020	Commercial Paper	2.7
    Indian Oil Corp. 30-D 12/08/2020	Commercial Paper	2.46
    IDFC First Bank 2020	Certificate of Deposit	2.46
    Reserve Bank of India 91-D 13/08/2020	Treasury Bills	2.45
    Reserve Bank of India 364-D 10/09/2020	Treasury Bills	2.45
    Reliance Jio Infocomm 91-D 14/09/2020	Commercial Paper	2.45
    Reserve Bank of India 182-D 24/09/2020	Treasury Bills	2.35
    National Fertilizers 90-D 17/09/2020	Commercial Paper	2.3
    Reserve Bank of India 364-D 17/09/2020	Treasury Bills	2.2
    HDFC 364-D 05/08/2020	Commercial Paper	1.97
    LIC Housing Fin. 85-D 05/08/2020	Commercial Paper	1.97
    Tata Steel 89-D 31/08/2020	Commercial Paper	1.96
    Bharti Telecom 91-D 13/08/2020	Commercial Paper	1.87
    National Fertilizers 49-D 25/08/2020	Commercial Paper	1.72
    Reserve Bank of India 91-D 22/10/2020	Treasury Bills	1.64
    NTPC 91-D 03/08/2020	Commercial Paper	1.6
    Reserve Bank of India 91-D 07/08/2020	Treasury Bills	1.47
    Reserve Bank of India 91-D 03/09/2020	Treasury Bills	1.38
    Nabha Power 182-D 28/08/2020	Commercial Paper	1.35

    The minimum lump sum investment in Tata Liquid Fund - Direct Plan is ₹5,000 and for SIP it is ₹500.

• Tata Hybrid Equity Fund

  • Investment Objective:

    The fund objective of Tata Hybrid Equity Fund-Direct Plan is to generate medium to long-term capital growth by investing in equity and steady income by investing in debt. The fund is an optimum combination of debt and equity instruments.

  • Fund Details:

    The fund category is Aggressive Hybrid Fund with an AUM of ₹3,313.45 Crores as on 31-July-20. The scheme was launched on 01-Jan-2013.This Tata Mutual Fund NAV for the Direct Plan, Growth was ₹225.51 as on 25-Aug-2020 and the same for Regular Plan, Growth was ₹210.52. The fund has given 11.24% average annualised return (CAGR) since inception. The benchmark for this scheme is CRISIL Hybrid 25+75 Aggressive Index and the fund managers are Mr. Murthy Nagarajan, Mr. Chandraprakash Padiyar and Mr. Satish Mishra.

    The expense ratio of the Tata Hybrid Equity Fund is 0.95% for Direct Plans and 1.97% for regular plans. There would be an exit load of 1% if you redeem more than 12% of units before the completion 12 months from the date of investment.

    Tata Hybrid Equity Fund has a high exposure in the energy and financial sector. Here is the detailed table on holdings of this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Equity

    Company	Sector	% of Total AUM
    Reliance Industries	Energy	10
    HDFC Bank	Financial	7.81
    ICICI Bank	Financial	6.2
    Tata Consultancy Services	Technology	4.31
    State Bank of India	Financial	4.28
    Infosys	Technology	3.72
    ITC	FMCG	2.91
    HDFC	Financial	2.79
    Varun Beverages	FMCG	2.64
    Bharti Airtel	Communication	2.52
    Gujarat State Petronet	Energy	2.49
    Kotak Mahindra Bank	Financial	2.48
    Hindustan Unilever	FMCG	2.41
    Ultratech Cement	Construction	1.87
    BASF India	Chemicals	1.72
    Larsen & Toubro	Construction	1.55
    Mahindra & Mahindra	Automobile	1.47
    Maruti Suzuki India	Automobile	1.33
    Bosch	Automobile	1.25
    Natco Pharma	Healthcare	1.18
    Oracle Fin Ser Software	Technology	1.13
    Finolex Industries	Chemicals	1.01
    PI Industries	Chemicals	0.79
    Schaeffler India	Engineering	0.76
    Bajaj Auto	Automobile	0.73

    
    

    Debt

    Company	Instrument	% of Total AUM
    ONGC Petro Additions 27/03/2021	Debenture	2.27
    5.77% GOI 2030	GOI Securities	2.26
    9.65% Green Infra Wind Energy 2023	Debenture	2.13
    7.27% GOI 2026	GOI Securities	1.79
    8.23% HUDCO 15/04/2022	Non Convertible Debenture	1.37
    6.19% GOI 16/09/2034	GOI Securities	0.98
    7.41% Nabha Power 20/04/2022	Non Convertible Debenture	0.94
    7.18% Canara Bank 2030	Zero Coupon Bonds	0.93
    9.75% Jamnagar Utilities and Power 2024	Debenture	0.85
    7.44% Bank of Baroda 2030	Debenture	0.8
    6.90% REC 30/06/2022	Debenture	0.78
    6.73% IRFC 2035	Non Convertible Debenture	0.77
    7.25% Punjab National Bank 29/07/2030	Debenture	0.76
    Reserve Bank of India 364-D 29/10/2020	Treasury Bills	0.75
    Hero FinCorp 241-D 25/02/2021	Commercial Paper	0.74
    7.70% Tata Steel 13/03/2025	Debenture	0.66
    7.42% Power Finance Corp. 19/11/2024	Non Convertible Debenture	0.51
    7.55% REC 26/09/2023	Debenture	0.48
    7.95% Sikka Ports and Terminals 28/10/2026	Debenture	0.48
    7.55% REC 26/09/2022	Debenture	0.48
    7.55% REC 26/09/2021	Debenture	0.47
    5.95% HUDCO 2023	Debenture	0.47
    8.25% Bharti Telecom 17/03/2021	Debenture	0.46
    7.55% REC 26/09/2020	Debenture	0.46
    Pilani Investment & Inds. Corp. 91-D 01/09/2020	Commercial Paper	0.45

    The minimum lump sum investment in Tata Hybrid Equity Fund is ₹5,000 and for SIP it is ₹500.

• Tata Short-Term Bond Fund -Direct Plan

  • Investment Objective:

    The fund objective of Tata Short-term Bond Fund - Direct Plan is to generate regular income and capital appreciation over a short-term period.

  • Fund Details:

    The fund category is Short-duration Debt Fund with an AUM of ₹2,977.68 Crores as on 31-July-20. The scheme was launched on 01-Jan-2013.This Tata Mutual Fund NAV for the Direct Plan, Growth was ₹39.28 as on 25-Aug-2020 and the same for Regular Plan, Growth was ₹37.01. The fund has given 8.42% average annualised return (CAGR) since inception. The benchmark for this scheme is CRISIL Short-Term Bond Index and the fund managers are Mr. Murthy Nagarajan and Mr. Abhishek Sonthalia.

    The expense ratio of the Tata Short-Term Bond Fund is 0.28% for direct plans and 1.20% for regular plans. There would be no exit load for this scheme.

    Tata Short-Term Bond Fund mainly invests in GOI securities. Here is the detailed table on holding for this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Company	Instrument	% of Total AUM
    6.18% GOI 2024	GOI Securities	7.44
    7.32% GOI 28/01/2024	GOI Securities	6.36
    NGC Petro Additions 27/03/2021	Debenture	5.01
    REC 13/12/2022	Debenture	4.34
    7.42% Power Finance Corp. 19/11/2024	Non Convertible Debenture	3.93
    7.68% GOI 15/12/2023	GOI Securities	3.55
    6.27% SIDBI 27/02/2023	Debenture	3.19
    5.78% Chennai Petroleum Corp. 17/07/2025	Non Convertible Debenture	3.09
    8.30% SBI Cards & Payments Services 17/05/2023	Bonds/Debentures	2.74
    5.05% Indian Oil Corp. 25/11/2022	Debenture	2.49
    7.40% LIC Housing Fin. 2024	Debenture	2.44
    5.22% GOI 15/06/2025	GOI Securities	2.33
    7.27% GOI 2026	GOI Securities	2.18
    7.79% LIC Housing Fin. 18/10/2024	Debenture	2.14
    6.64% MRPL 14/04/2023	Non Convertible Debenture	2.08
    8.10% SBI Cards & Payments Services 17/10/2023	Debenture	2.07
    7.60% Grasim Industries 2024	Non Convertible Debenture	1.64
    7.25% Larsen & Toubro 2024	Debenture	1.64
    8.23% HUDCO 15/04/2022	Non Convertible Debenture	1.63
    Reliance Industries 21/09/2023	Debenture	1.61
    HDFC Securities 180-D 19/01/2021	Commercial Paper	1.51
    7.20% Sikka Ports and Terminals 16/06/2023	Zero Coupon Bonds	1.5
    7.35% HDFC 2025	Debenture	1.47
    7.44% Bank of Baroda 2030	Debenture	1.46
    HDFC 19/05/2022	Non Convertible Debenture	1.43

    The minimum lump sum investment in Tata Short-Term Bond Fund is ₹5,000 and for SIP it is ₹500.

• Tata India Tax Savings Fund

  • Investment Objective:

    The fund objective of Tata India Tax Savings Fund is to provide long-term capital appreciation by investing majorly into equity instruments.

  • Fund Details:

    The fund category is ELSS (Equity Linked Savings Scheme) with an AUM of ₹1,953.70 Crores as on 31-July-20. The scheme was launched on 13-Oct-2014.This Tata Mutual Fund NAV for the Direct Plan, Growth was ₹19.49 as on 25-Aug-2020 and the same for Regular Plan, Growth was ₹18.05. The fund has given 12.04% average annualised return (CAGR) since inception. The benchmark for this scheme is S&P BSE TRI-Sensex and the fund managers are Mr. Rupesh Patel and Ms. Ennette Fernandes.

    The expense ratio of the Tata India Tax Savings Fund is 0.74% for direct plans and 2.10% for regular plans. With the tax benefit, the fund comes with a 3 years lock-in period and there would be no exit load.

    Tata India Tax Savings Fund has a strong exposure to consumer energy, technology and financial sector. Here is the detailed table on holding for this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Company	Sector	% of Total AUM
    Reliance Industries	Energy	14.39
    Infosys	Technology	9.53
    HDFC Bank	Financial	7.15
    ICICI Bank	Financial	7.12
    Bharti Airtel	Communication	6.39
    State Bank of India	Financial	5.11
    HDFC	Financial	5.04
    Mahindra & Mahindra	Automobile	3.04
    Divi's Laboratories	Healthcare	2.82
    Ultratech Cement	Construction	2.58
    Cipla	Healthcare	2.52
    Jubilant FoodWorks	Services	2.41
    Axis Bank	Financial	2.38
    Britannia Inds.	FMCG	2.3
    BPCL	Energy	2.28
    Eris Lifesciences	Healthcare	2.26
    Voltas	Cons Durable	2.13
    Larsen & Toubro	Construction	1.92
    Bata India	FMCG	1.91
    Kotak Mahindra Bank	Financial	1.78
    Avenue Supermarts	Services	1.76
    HPCL	Energy	1.64
    Havells India	Engineering	1.48
    Shree Cement	Construction	1.47
    Akzo Nobel India	Chemicals	1.25

    The minimum lump sum investment in Tata India Tax Savings Fund is ₹5,000 and for SIP it is ₹500.

• Tata Multicap Fund - Direct Plan

  • Investment Objective:

    The fund objective of Tata Multicap Fund-Direct Plan is to provide capital appreciation opportunities to generate potential optimum return for the investor by investing in well-researched equity instruments across the sectors.

  • Fund Details:

    The fund category is Multicap Equity Fund with an AUM of ₹1,655.06 Crores as on 31-July-20. The scheme was launched on 06-Sep-2018.This Tata Mutual Fund NAV for the Direct Plan, Growth was ₹11.40 as on 25-Aug-2020 and the same for Regular Plan, Growth was ₹10.98. The fund has given 6.91% average annualised return (CAGR) since inception. The benchmark for this scheme is S&P BSE 500 TRI and the fund managers are Mr. Sonam Udasi and Ms. Abhinav Sharma.

    The expense ratio of the Tata Multicap Fund is 0.83% for direct plan and 2.19% for regular plans. There would be an exit load of 1% if you redeem more than 12% units on or before completion of 365 days from the date of investment.

    Tata Multicap Fund has a strong exposure to the energy, financial and healthcare sector. Here is the detailed table on holding for this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Company	Sector	% of Total AUM
    Reliance Industries	Energy	9.62
    ICICI Bank	Financial	6.73
    HDFC Bank	Financial	6.41
    Dr. Reddy's Lab	Healthcare	4.42
    Hindustan Unilever	FMCG	4.29
    Kotak Mahindra Bank	Financial	3.67
    HCL Technologies	Technology	3.13
    Bharti Airtel	Communication	2.98
    United Spirits	FMCG	2.91
    Infosys	Technology	2.71
    Tata Consumer Products	FMCG	2.55
    3M India	Services	2.34
    MRF	Automobile	2.31
    Pfizer	Healthcare	2.29
    HDFC Life Insurance	Financial	2.28
    Natco Pharma	Healthcare	2.26
    PI Industries	Chemicals	2.08
    Titan Company	Cons Durable	2.07
    Voltas	Cons Durable	1.87
    Jubilant FoodWorks	Services	1.84
    Dixon Technologies	Engineering	1.76
    HDFC Asset Management Company	Financial	1.74
    ACC	Construction	1.62
    ICICI Prudential Life Insurance Co. Ltd.	Financial	1.55
    Siemens	Engineering	1.53

    The minimum lump sum investment in Tata Multicap Fund is ₹5,000 and for SIP it is ₹500.

To know more about our Tata Mutual Fund schemes, investor can contact at:

To invest in Tata Mutual Fund online you as an investor can log on to ET Money and invest in the zero commission direct plans for free. After logging in, you can go through the funds that are available and explore the same before investing. Remember to check the risk, return and the funds performance consistency.

There is also a filter option in the app to choose from, like 'Value Research Rating', 'Risk Rating', 'Consistency' and 'Fund Size'.

The Tata Mutual Fund has a team of highly qualified and experienced professionals to manage each of its schemes to provide the best investment solutions to investors. They are the financial market specialists who implement the fund's investment strategy by conducting extensive research using their expertise. Some of the key people involved in managing Tata Mutual Fund Schemes are -

• Mr Rahul Singh:

  Chief Investment Officer (CIO) Equities

  Mr Singh has over 23 years of investment experience by leading the fund management and equity research teams. Prior to joining Tata Mutual Fund in 2018, Mr. Singh has worked in Ampersand Capital Investment Advisors Ltd as managing partner. Mr. Singh has also worked at leading financial institutions like Citigroup Global Market and Standard Chartered Securities as Head of Equity Research.

  Mr Singh is a B.Tech and also holds a Master's Degree in Finance from IIM Lucknow.

• Mr Chandraprakash Padiyar:

  Senior Fund Manager

  With over 18 years of experience in research and fund management, Mr. Padiyar has vast financial market experience. Prior to joining Tata AMC, Mr. Padiyar has worked in Alchemy Capital Management Pvt Ltd as portfolio manager and in UTI Mutual Funds. Mr. Padiyar holds a Master's in Finance and CFA certification.

• Mr Soham H Udasi:

  Senior Fund Manager

  Mr Usasi carries a work experience of 21 years in equities research and manages many of the Tata Equity Schemes. Prior to joining Tata Mutual Fund, Mr. Udasi has worked in IDBI Capital Market Services Ltd and in JM Financial AMC. Mr. Udasi holds a Post Graduate Diploma in Business Administration, specializing in Finance.

• Mr Rupesh Patel:

  Senior Fund Manager

  Mr Patel brings in more than 18 years of diverse experience in private equity, real estate investments, listed equity investments and credit risk assessment. Mr. Patel has been with Tata Mutual Fund since 2008 having served in equity research, fund management and also in portfolio management services vertical. Prior to this, Mr. Patel has worked with Indiareit Fund Advisors Private Limited and with Credit Analysis & Research Limited (CARE). Mr. Patel is an engineer and MBA graduate from Sardar Patel University, Gujarat.

• Mr Sailesh Jain:

  Fund Manager

  Mr Jain brings over 15 years of experience in both fund management and broking. Prior to this, Mr. Jain has worked with IDFC Securities Ltd as a Head of Institutional Derivatives Desk. He has also worked with IIFL and Refco-Sify Securities. Mr. Jain holds a Master's degree in Finance from Queensland University of Technology from Australia.