Tata Mutual Fund

Overview

Tata Mutual Fund is supported by most trusted and reputed brand in India which is ‘Tata’. This mutual fund has gained the immense trust of lakhs of investors through its consistent performance and world-class service.

Tata Mutual Fund provides investment avenues for everyone, whether you are a businessman or a salaried employee, a retired person or housewife, an aggressive investor or a conservative capital builder.

The Tata Asset Management philosophy rests upon generating continual and long-term results. Tata Asset Management focusses towards overall excellence, within the composition of transparent and stringent risk controls.

Moreover, Tata Sons Limited & Tata Investment Corp. Ltd. Acts as the sponsor of the company whereas Tata Trustee Company Pvt Limited acts as the trustee of the company.

Board of Directors for Tata Asset Management Ltd.

The list of board of directors are as under:

1. AMC Directors

  • Mr. F. N. Subedar (Chairman)
  • Mr. R. Ganesh(CEO and Managing Director)
  • Mr. Keki Manchersha Elavia(Independent Director)
  • Mr. Mehernosh B Kapadia(Independent Director)

2. Trustee Directors

  • Mr. Pratip Kar(Chairman)
  • Mr. Nowroze J. N. Vazifdar (Independent Director)
  • Mr. K. A. Chaukar(Associate Director)
  • Mr. Cyrus F Vachha(Independent Director)

Registrar

The registrar of Tata Asset Management Ltd. is Computer Age Management Services popularly known as CAMS.

Fund Managers

The fund managers are classified as follows:

  • Pradeep Gokhale(Fund Manager-Equity)
  • Sonam Udasi(Fund Manager-Equity)
  • Rupesh Patel (Fund Manager-Equity)
  • Gopal Agrawal(Fund Manager-Equity)
  • Amit Somani (Fund Manager-Debt)
  • Murthy Nagarajan(Head-Fixed Income)
  • Naresh Kumar (Fund Manager-Gilt)
  • Akhil Mittal(Senior Fund Manager-Debt)

Products offered by Tata Mutual Fund

1. Equity Funds

Large Cap

Large cap funds are those mutual funds which aim for capital growth by investing predominately in stocks of large blue chip companies that have more growth potential and higher profit over medium to long term duration. Tata Large Cap Fund is offered in this category.

Diversified

Diversified funds invest across the entire range of stocks, starting from large-caps all the way down to small-caps. Their directives are flexible enough which helps them in selecting the winners from across market capitalizations. The following products are offered by Tata Mutual Fund under the diversified category.

  • Tata Equity P/E Fund
  • Tata Dividend Yield Fund
  • Tata Ethical Fund
  • Tata Equity Opportunities Fund
  • Tata Regular Savings Equity Fund

Mid Cap

Mid-cap funds are those mutual funds which invest in medium to small-sized companies. Small and mid-sized companies tend to remain under-researched and thus, they offer you the opportunity to invest in a company that is yet to be recognized by the market. Such companies provide higher growth potential and therefore offers the opportunity to gain from higher than average valuations over medium to long term horizon. Tata Mid Cap Growth Fund is offered in this category by Tata Mutual Fund.

Sectoral

A Sectoral Fund is one such mutual fund that limits its investments in stocks of a specific sector as per the directives offered to this scheme. The following sectoral funds are offered by Tata Mutual Fund:

  • Tata Banking & Financial Services Fund
  • Tata India Consumer Fund
  • Tata Digital India Fund
  • Tata India Pharma & HealthCare Fund
  • Tata Resources & Energy Fund
  • Tata Infrastructure Fund

ELSS

Equity Linked Savings Schemes are tax saving schemes that primarily invest in a diversified portfolio of stocks. The lowest lock-in period of ELSS funds is of three years among all other tax saving securities available under section-80 C. These funds give you an opportunity to derive capital growth over the medium to long-term investment horizon along with tax benefits. Tata India Tax Savings Fund is offered in this category.

Index

Index schemes aim to mirror the performance of a specific index such as the BSE Sensex or the NSE Nifty. The portfolio of these schemes comprises of only those stocks that constitute the index. The percentage of each stock to the total holding will be similar to the stocks index weightage. However, the returns from such schemes would be more or less equivalent to those of the Index. Tata Index Fund is offered in this category.

2. Debt Funds

Liquid

Liquid Funds are those mutual funds which invest in a very short-term debt and money market securities. This is one of the suitable options for those investors who would like to invest idle savings with their respective liquidity and stability as against Bank Savings account. There are only two liquid funds offered by Tata Mutual Fund:

  • Tata Liquid Fund
  • Tata Money Market Fund

Short-Term

These funds predominately invest in short-term debt instruments. These funds are appropriate for those investors who aim to benefit from short-term interest rates and have short- term investment horizon. There are only two short-term funds offered by Tata Mutual Fund:

  • Tata Corporate Bond Fund
  • Tata Short Term Bond Fund
  • Tata Ultra Short Term Fund

Dynamic

The exposure of these funds gets changed to short and long-term papers subject to the expected interest rate environment in the near future with an emphasis of earning capital gains. These funds are considered most when a volatile interest rate environment is expected. Tata Dynamic Bond Fund is offered in this category.

Income

This fund category invests predominately in debt instruments with an emphasis to derive regular and consistent flow of income by investing in medium to long term debt and money market securities. These funds generally have higher average maturities of the portfolio and look towards gaining from falling interest rates environment subject to price appreciation opportunities. There are only two income funds offered by Tata Mutual Fund:

  • Tata Long Term Debt Fund
  • Tata Medium Term Fund

Gilt

Gilt funds predominately invest in the government securities which are preferred to have the least credit risk as they are supported by the Government. These are Gilt Funds which invest in short, medium and long-term maturity papers issued by Government. There are only two Gilt funds offered by Tata Mutual Fund:

  • Tata Gilt Mid Term Fund
  • Tata Gilt Securities Fund

3. Hybrid Funds

These funds invest in a mixed proportion of debt and equity securities. These are appropriate for investors who aims to invest in a combination of equity and debt to gain optimum returns and manage volatility at the same time. The following category of funds are further sub-categorized into:

Equity Oriented

This type of fund, also known as balanced funds invest at least 65% in the equity securities and invests the remaining portion of their investments into debt category. These are appropriate for investors who can take the medium risk. Tata Balanced Fund is offered in this category.

4. Close Ended Funds

Equity

Equity funds primarily invest in equity securities are appropriate for long-term wealth generation objectives. It is highly suited for those investors who has medium to long-term horizon while investing in equities. There are two equity funds which are classified as :

  • Tata Infrastructure Tax Saving Fund
  • Tata Tax Advantage Fund-1

Debt

Debts funds primarily invest in debt and money market instruments which are highly appropriate for short to medium term objectives. These are preferred by those investors who are keen to derive regular or steady income. The following debt funds are offered in this category.

  • Tata Dual Advantage Fund-Scheme A
  • Tata Dual Advantage Fund-Scheme B
  • Tata Dual Advantage Fund-Scheme B(1127 Days)
  • Tata Dual Advantage Fund-Scheme C
  • Tata Dual Advantage Fund Series 2 Scheme A
  • Tata Dual Advantage Fund Series 2 Scheme B
  • Tata Dual Advantage Fund Series 2 Scheme C
  • Tata Dual Advantage Fund Series 3 Scheme A
  • Tata Fixed Maturity Plans

(Data taken from AMC Website)

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