About Tata Mutual Fund
Tata Mutual Fund is managed by the Tata Asset Management Company (TAM), a sector of the globally renowned Tata Group. Established back in the year of 1994, TAM is one of the earliest asset management corporations in all of India, with a significant management experience of 26 years now. Tata Mutual Fund is registered with the SEBI (The Securities and Exchange Board of India).
TAM’s objective is to combine the three most important business principles- performance, service and trust- and to provide a secure investment option for investors from all backgrounds. As of the reports from March 31, 2019, TAM had an AuM (Assets under management) of INR 54,193 crore.
The various mutual fund schemes Tata Mutual Fund offers have received multiple awards, including:
- Tata Balanced Fund was named the Best Long-Term Balanced Fund at the Business Today-Money Today Financial Awards
- CNBC TV 18 Mutual Fund Awards recognized the Tata Equity PE Fund as the Best Value/Contra Fund
- CNBC TV 18 Mutual Fund Awards also presented the Tata Treasury Advantage Fund with the Best Low Duration Debt Fund award
- Tata Retirement Savings- Moderate (3 and 5 years) was awarded in the Mixed Asset INR Aggressive category at the Thomas Reuters Lipper India 2018 Fund Awards.
How to Invest in the Tata Mutual Funds Online?
To invest in a Tata Mutual Fund from the comfort of your home, just follow these quick and easy steps:
- Log in to your Mobikwik account. Sign up right now if you don’t have an account.
- Complete the KYC (Know Your Customer) verification process.
- Upload valid documentation and identity proofs as per requirements.
- Select the best Tata mutual fund scheme as per your investment horizon and risk appetite.
- If you’re making a lump sum investment, click on the ‘Buy Now’ option.
- In case you’re starting a SIP (Systematic Investment Plan), select ‘Start SIP’.
You are all set! Now only wait for your Tata Mutual Fund investment to show up on the MF dashboard of your Mobikwik account, which it should do within 4 working days tops.
Types of Tata Mutual Funds:
Based on the investors’ investment goals, income and risk-absorbing capacity, Tata Mutual Fund has a range of long-term mutual fund options on offer, including equity funds, hybrid funds and fixed income funds. While you’ll have to be the one to decide which mutual fund suits you best, here we have rounded up a list of 10 of Tata’s topmost mutual funds that will hopefully make your job easier! (All numbers as of FY 2019 closing)
Top 10 Tata Mutual Funds:
Tata Multicap Fund:
Tata Multicap Fund is an equity fund where the management team invests your funds in an assortment of companies that are anticipated to give maximum gains. The investment period for Tata Multicap Fund is 5 years and longer, so make sure you are ready to wait that long for returns before investing. Since its launch in 2018, Tata Multicap Fund has shown returns of 4.24%.
Tata Equity PE Fund:
With Tata Equity PE Fund, your money would be backing stocks that are priced quite lower than what the fund management team expects their value should be. This is also another long-term investment scheme that runs for 5 years or more. Since inception in 2004, the returns for Tata Equity PE Fund have remained 17.13%.
Tata Digital India Fund:
Tata Digital India Fund invests in shares of companies functioning in the IT (Information Technology) industry. The fund should run for seven years or more, so prepare accordingly. Tata Digital India Fund has given returns of 12.40% since it set sail in 2015.
Tata India Tax Savings Fund:
Tata India Tax Savings Fund is an open-ended ELSS or equity linked tax saving scheme running for at least three years beginning on the date of investment. Tata India Tax Savings Fund enjoys tax benefits under the Section 80C of the Indian Income Tax Act, plus the gains beat the inflation rate as well as returns from fixed income options by a considerable margin. As for the returns, they have been 17.82% since Tata India Tax Savings Fund’s launch in 1996.
Tata Small Cap Fund:
Tata Small Cap Fund invests in smaller companies. Since the usual duration of the fund is seven years or longer, you can expect good returns, however, keep in mind you’ll also be taking a fairly high risk. Tata Small Cap Fund began its journey in 2018, and has yielded returns of 4.41% since.
Tata Consumer Fund:
Tata Consumer Fund primarily invests in the shares of customer-centric organizations. Categorized as a high-risk mutual fund, the ideal run time for Tata Consumer Fund is 5 years and counting. Tata Consumer Fund has seen returns of 13.20% since it began its journey in 2015.
Tata Balanced Advantage Fund:
With Tata Balanced Advantage Fund, the management team invests your money in multiple equity shares and bonds as they see fit. Rated a moderately high mutual fund with a run time of five years and above, the returns for Tata Balanced Advantage Fund have remained 7.38% since inception in 2019.
Tata Banking And Financial Services Fund:
As the name suggests, Tata Banking and Financial Services invests in shares of banks and financial services companies. Yet another high-risk mutual fund, the investment period for this one is seven years or more. Returns since launch in 2015 have remained 12.00%
Tata Arbitrage Fund - Direct Plan:
Tata Arbitrage Fund invests your money in equity shares and derivatives, the returns come from the price distinction between a stock and its futures. A fairly low-risk fund, the returns have remained at 6.71% since its launch in 2018.
Tata Multi Asset Opportunities Fund:
Tata Multi Asset Opportunities Fund invests your money in a combination of commodities (like gold), equity shares and bonds in a way that each one has at least 10% of the funds backing it up at all times. Launched very recently in 2020, the returns have been 8.47% so far.