Tata Mutual Fund

Below mentioned are the mutual funds offered by Tata Mutual Fund:

• Solution Based
• Equity
• Debt
• Hybrid
• Close Ended

The following are the solution based funds offered by Tata Mutual Fund:

1. Child Savings Plan – Tata Young Citizens’ FundTata Young Citizens’ Fund is for children who are 3 months to 18 years old. It is an open-ended balanced scheme that helps guardians, parents, and well-wishers to systematically save for the needs of the growing children.Fund TypeOpen-ended balanced schemeEntry LoadNAExit LoadLock-in option compulsory for 5 years or till the child attains the age of 18 years (whichever is earlier).1% – In case it is redeemed before the child attains the age of majority.BenchmarkCrisil Hybrid 25+75 – Aggressive IndexFund ManagerSonam Udasi, Ennette Fernandes, and Akhil MittalRisk FactorModerately highInvestment Objective of Tata Young Citizens’ FundThe fund is aimed at generating long term capital growth.Who is Tata Young Citizens’ Fund Ideal For?Parents and guardians planning for the future needs of their children by investing in a mix of debt and equity instruments.
2. Retirement Solution – Tata Retirement Savings FundTata Retirement Savings Fund is an open-ended retirement solution oriented scheme which has been designed to help investors who are looking to secure funds for their post-retirement life. The scheme offers asset allocation choice to investors based on their risk preference and stage of life.Fund TypeOpen-ended retirement solution oriented schemeEntry LoadNAExit LoadBenchmarkProgressive Plan – S&P BSE SENSEXModerate Plan – CRISIL Hybrid 25+75 Aggressive IndexConservative Plan – CRISIL Short Term Debt Hybrid 75+25 Fund IndexFund ManagerSonam Udasi, Ennette Fernandes, and Murthy NagarajanRisk FactorModerately highInvestment Objective of Tata Retirement Savings FundTo help investors generate medium to long-term capital gains while emphasising on the significance of capital appreciation.Who is Tata Retirement Savings Fund Ideal For?Ideal for investors who wish to save for their retirement and are looking for alternative to traditional retirement saving options.
   1. Nil – If opted-out or redeemed after attaining the age of retirement (60 years)
   2. Nil – In case there is Auto switch-out of units due to an ‘Auto-switch trigger event’
   3. 1% in case it is redeemed before the attainment of 60 years of age

The following are the equity funds offered by Tata Mutual Funds in India:

1. Tata Large Cap FundTata Large Cap Fund is an open-ended equity scheme that primarily invests in undervalued large cap companies and fundamentally strong companies. The large cap biased fund has a top-down and bottom-up approach when it comes to picking stocks.Fund TypeOpen-ended equity schemeEntry LoadNAExit Load1% if redeemed on or before within 1 year from the allotment date.BenchmarkS&P BSE India Infrastructure IndexFund ManagerRupesh Patel (Fund Manager) and Ennettee Fernandes (Assistant Fund Manager)Risk FactorModerately highInvestment ObjectiveTo facilitate income distribution and achieve medium to long-term capital gains while Keeping the focus around capital appreciation.Who is Tata Large Cap Fund Ideal For?Ideal for investors who wish to diversify across market capitalization and prefer investments in large-cap companies.

Below are the diversified funds offered by Tata Mutual Funds:

1. Tata Equity P/E FundTata Equity P/E Fund is an open-ended equity scheme that aims to invest the least of 70% of its assets in companies that have a lower 12-month P/E ratio compared to the 12-month P/E ratio of the BSE Sensex. It uses a range of qualitative and quantitative factors to buy good stocks at cheap valuation.Fund TypeOpen-ended equity schemeEntry LoadNilExit Load1% – if redeemed on or before 1.5 years from the date of allotmentBenchmarkS&P BSE SENSEXFund ManagerSonam Udasi (Fund Manager) and Amey Sathe (Assistant Fund Manager)Risk FactorModerately highInvestment ObjectiveTo achieve consistent income and capital appreciation for its unitholders.Who is Tata Equity P/E Fund Ideal For?Suitable for investors who believe in value style of investing and wish to invest ingood stocks at cheap valuations.
2. Tata Equity Savings FundTata Equity Savings Fund is an open-ended scheme investing primarily in debt, equity, and arbitrage. The scheme is tax efficient as the arbitrage exposure ensures that 65% of the assets are invested in equity. It mainly invests in equity arbitrage options, equity and equity related instruments, and debt and money market instruments.Fund TypeOpen-ended scheme investing in equity, arbitrage, and debtEntry LoadN/AExit LoadNilBenchmark35% in Nifty 5035% of Crisil Short Term Bond Index30% of Nifty 50 Arbitrage IndexFund ManagerDanesh Mistry (Fund Manager for Equity Portfolio) and Murthy Nagarajan – Fund Manager (for Debt Portfolio)Risk FactorModerately highInvestment ObjectiveThe primary objective of the fund is to provide income distribution and long-term capital appreciation to the investors.Who is Tata Equity Savings Fund Ideal For?Ideal for those investors who are looking to invest in a hybrid yet tax-efficient portfolio to achieve regular income and relative stability.
3. Tata Large And Mid Cap FundTata Large And Mid Cap Fund is an open-ended equity scheme that invests in both mid cap and large cap stocks. The fund engages in extensive market research to identify potential capital appreciation opportunities that may emerge with changing economic fundamentals.Fund TypeOpen-ended equity scheme investing in both large cap and mid cap stocksEntry LoadN/AExit LoadIf redeemed on or before the expiry of 1 year from the allotment date, 1% of the applicable NAV will be charged as exit loadBenchmarkS&P BSE 200Fund ManagerRupesh Patel (Fund Manager)Risk FactorModerately highInvestment ObjectiveThe scheme aims to provide medium to long term capital gains and income distribution to investors while emphasizing the capital appreciation at all times.Who is Tata Large And Mid Cap Fund Ideal For?Tata Large And Mid Cap Fund is suitable for those investors who are looking for opportunities in equity markets over medium to long terms. It is for those who invest in companies that are undergoing re-rating or turnaround, or are benefiting from change in economic scenario.
4. Tata Mid Cap Growth FundTata Mid Cap Growth Fund primarily invests in equity related instruments of growth oriented mid cap companies.Fund TypeOpen-ended equity schemeEntry LoadN/AExit LoadIf redeemed on or before the expiry of 1 year from the date of allotment, 1% exit load will be chargedBenchmarkNifty Midcap 100 TRIFund ManagerRupesh Patel (Fund Manager) and Ennette Fernandes (Assistant Fund Manager)Risk FactorModerately highInvestment ObjectiveThe scheme aims to provide income distribution and facilitate medium to long term capital gains for the investors with focus on investing in mid cap stocks.Who is Tata Mid Cap Growth Fund Ideal For?Tata Mid Cap Growth Fund is ideal for those investors who are looking for income opportunities by investing in high growth companies that are categorised in the mid cap segment.

The following are the sectoral funds offered by Tata Mutual Funds:

1. Tata Banking & Financial Services FundTata Banking & Financial Services Fund primarily invests in equity and equity related instruments of banking and financial services companies. The open-ended equity fund invests not less than 80% of its net assets in equity and equity related instruments of BFSI companies.Fund TypeOpen-ended equity schemeEntry LoadN/AExit LoadIf redeemed on or before the expiry of 3 months from the allotment date, 0.25% of NAV will be charged as exit loadBenchmarkNifty Financial ServicesFund ManagerSonam Udasi (Fund Manager) and Amey Sathe (Assistant Fund Manager)Risk FactorHighInvestment ObjectiveThe main objective of the scheme is to provide long term capital appreciation to investors by investing the least of 80% of net assets in equity and equity based securities of companies in the Banking and Financial Services Sector in India. However, the fund does not guarantee any returns.Who is Tata Banking & Financial Services Fund Ideal For?Tata Banking & Financial Services Fund is ideal for those investors who are looking for capital appreciation opportunities in the Banking & Financial Services sector in India as a result of economic growth. It is apt for investors with high risk-taking capabilities.
2. Tata Digital India FundTata Digital India Fund is an open-ended equity scheme that invests in equity and equity based instruments in the Information Technology sector in India.Fund TypeOpen-ended equity schemeEntry LoadN/AExit LoadIf redeemed on or before the expiry of 3 months from the allotment date, 0.25% of NAV will be charged as exit loadBenchmarkS&P BSE IT IndexFund ManagerDanesh MistryRisk FactorHighInvestment ObjectiveThe primary objective of the scheme is to invest at least 80% of its net assets in equity related securities in the Information Technology sector in India. However, there is no guarantee of any returns.Who is Tata Digital India Fund Ideal For?The fund is ideal for those investors who are looking for opportunities for capital appreciation in the Indian IT sector. It is apt for investors who have a high risk profile.
3. Tata Ethical FundTata Ethical Fund invests in diversity equity funds based on the principles Shariah. It is an open ended equity fund that aims to provide medium to long-term capital gains to investors by making investments in equity related securities that comply with Shariah.Fund TypeOpen-ended equity schemeEntry LoadNILExit Load1% exit load will be charged if redeemed on or before the completion of 1 year from the allotment dateBenchmarkNifty 500 ShariahFund ManagerPradeep GokhaleRisk FactorHighInvestment ObjectiveThe scheme aims to invest in equity related securities of well-researched growth-oriented companies that offer medium to long term capital gains.Who is Tata Ethical Fund Ideal For?Tata Ethical Fund is ideal for those investors who are looking to invest in Shariah compliant stocks.
4. Tata India Consumer FundTata India Consumer Fund primarily invests in equity and equity related securities of the companies that come under the consumption oriented industry category in India. The scheme aims to attain long term capital appreciation by investing the least of 80% of its net assets in equity and equity related securities. These industries may be media and entertainment, textiles, consumer durables and FMCG, automobiles, amongst others.Fund TypeOpen-ended equity schemeEntry LoadN/AExit Load1% will be charged as exit load if the fund redeemed on or before 1.5 years from the allotment date.BenchmarkNifty India ConsumptionFund ManagerSonam Udasi (Fund Manager) and Ennette Fernandes (Assistant Fund Manager)Risk FactorHighInvestment Objective:The primary objective of the scheme is to invest a minimum of 80% of the net assets in equity and equity related securities of the consumer and consumption related industries in India. However, the scheme does not guarantee or assure any returns.Who is Tata India Consumer Fund Ideal For?Tata India Consumer Fund is suitable for individuals looking for capital appreciation in the consumption oriented sector that has potential for growth resulting from the growth in Indian economy. It is ideal for those investors who have a higher risk profile and want to invest in theme based funds.
5. Tata India Pharma & Healthcare FundTata India Pharma & Healthcare Fund primarily invests in equity and equity related stocks of growth oriented companies in the pharma and healthcare industry in India. These may include pharmaceutical and healthcare service companies.Fund TypeOpen-ended equity schemeEntry LoadN/AExit Load0.25% of NAV will be charged as exit load if redeemed on or before the expiry of 90 days from the allotment dateBenchmarkNifty Pharma IndexFund ManagerDanesh Mistry (Fund Manager)Risk FactorHighInvestment ObjectiveThe main objective of Tata India Pharma & Healthcare Fund is to attain long-term capital appreciation by investing a minimum 80% of the NAV in equity and equity related securities in the pharma and healthcare service sector in India. The fund, however, does not guarantee any returns.Who is Tata India Pharma & Healthcare Fund Ideal For?Tata India Pharma & Healthcare Fund is ideal for those investors who are looking for capital appreciation opportunities by investing in pharma and healthcare service sector in India. Investors with a higher risk profile can invest in this theme oriented scheme.
6. Tata Infrastructure FundLaunched in 2004, Tata Infrastructure Fund is an open-ended equity scheme that aims to capitalise on the growth of the Indian economy and its positive effects on the infrastructure sector. The open-ended equity scheme aims to create long term value by investing in infrastructure oriented segments.Fund TypeOpen-ended equity schemeEntry LoadN/AExit Load0.25% of NAV is charged as exit load if the fund is redeemed on or before 3 months from the allotment dateBenchmarkS&P BSE India Infrastructure IndexFund ManagerRupesh Patel (Fund Manager) and Abhinav Sharma (Assistant Fund Manager)Risk FactorHighInvestment ObjectiveThe primary objective of Tata Infrastructure Fund is to facilitate income distribution and generate medium to long term capital gains by making investments in equity and equity related securities of companies in the infrastructure category.Who is Tata Infrastructure Fund Ideal For?Tata Infrastructure Fund is ideal for those investors who are looking to gain from capital appreciation by investing in the growth-oriented companies in the infrastructure segment.
7. Tata Resources & Energy FundTata Resources & Energy Fund is an open-ended equity scheme that invests in energy and resources sector which is one of the important enablers of the Indian economy. The fund invests a minimum of 80% of its net assets in the resources and energy sectors including metal, energy, cement, fertilisers, chemicals, paper, and more.Fund TypeOpen-ended equity schemeEntry LoadN/AExit Load0.25% of NAV will be charged as exit load if the investment is redeemed on or before 3 months from the allotment date.BenchmarkNifty Commodities IndexFund ManagerDanesh MistryRisk FactorHighInvestment ObjectiveTata Resources & Energy Fund aims to gain long-term capital appreciation by investing in equity and equity related instruments in the resources and energy industry segment in India. The scheme, however, does not guarantee any returns.Who is Tata Resources & Energy Fund Ideal For?Tata Resources & Energy Fund is ideal for those who are looking for capital appreciation as a result of growth in the energy and resources sectors in India. The scheme is for those with a higher risk-taking capacity.

The Tata India Tax Savings Fund aims to generate returns from long term investments in equity market. The open-ended equity linked tax saving scheme has a lock-in period of 3 years. It helps investors make considerable tax savings under Section 80C of the Income Tax Act. Due to a 3-year lock-in period, the fund has better stability in terms of performance.

Investment Objective

The primary objective of the Tata India Tax Savings Fund is to generate medium to long term capital gains and facilitate income distribution while focusing on capital appreciation.

Who is Tata India Tax Savings Fund Ideal For?

The Tata India Tax Savings Fund is beneficial for those investors who are looking to save tax up to Rs.1,50,000 under section 80C of the Income Tax Act 1961. The scheme is ideal for those looking for medium to long term capital gains. However, it is recommended to take advice from a tax expert to know the implications of investing in the scheme.

Tata Index Fund is an open-ended equity scheme that adopts a ‘passive investment’ approach. It focuses on generating returns that correspond with the average returns of the SENSEX/NIFTY. The scheme reduces the risk of active investment management by emphasising on low portfolio trading and portfolio diversification.

Investment Objective

The objective of Tata Index Fund is to achieve the market returns by minimising the tracking error.

Who is Tata Index Fund Ideal For?

The scheme is ideal for those who wish to keep the risk factor to a minimum and gain from low portfolio trading and portfolio diversification.

Liquid Funds

1. Tata Liquid FundTata Liquid Fund invests in short term securities for investors who wish to get their money back within a short span. The money deposited in savings account often yields low returns and thus investing in liquid funds can be a good option to earn tax-efficient returns.Fund TypeOpen-ended liquid schemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerAmit SomaniRisk FactorLowInvestment ObjectiveTata Liquid Fund aims to generate considerable returns with greater liquidity to the investors.Who is Tata Liquid Fund Ideal For?Tata Liquid Fund is ideal for those with idle cash savings who wish to earn greater returns than the interest received on savings account.
2. Tata Money Market FundTata Money Market Fund serves the need of investors who wish to invest in short term money market instruments with lower risk.Fund TypeOpen-ended debt schemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Money Market IndexFund ManagerAmit SomaniRisk FactorModerately LowInvestment ObjectiveTata Money Market fund aims to generate reasonable returns that have greater liquidity.Ideal for InvestorsTata Money Market fund is ideal for those investors who are looking for funds with lower volatility and lower risk. The fund is suitable for those investors who seek to invest in money-market instruments that have a lower rate of interest and higher liquidity.

1. Tata Money Market FundsTata Money Market Fund invests in safer short term money market instruments.Fund TypeOpen-ended Debt schemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Money Market IndexFund ManagerAmit SomaniRisk FactorModerately LowInvestment ObjectiveThe investment objective of Tata Money Market fund is to generate returns that offer high liquidity to the investors.Ideal for InvestorsTata Money Market fund serves the needs of those investors who are looking to invest in securities that have lower volatility and lower risk. By investing in this fund, investors can invest in money market instruments that have lower credit risk and higher liquidity compared to other debt instruments.
2. Tata Short Term Bond FundTata Short Term Bond Fund creates a portfolio consisting of money market instruments and debt instruments to offer the investors greater liquidity.Fund TypeOpen-ended Debt schemeEntry LoadN/AExit LoadNilBenchmarkCrisil Short Term Bond Fund IndexFund ManagerMurthy NagarajanRisk FactorModerately LowInvestment ObjectiveThe primary investment objective of Tata Short Term Bond Fund is to generate income for the investors on a regular basis over a short term period.Ideal for InvestorsTata Short Term Bond Fund is ideal for those investors who wish to make accrual income in a short to medium term span. It serves the needs of those investors who are looking for better liquidity than what long term debt instruments offer.
3. Tata Treasury Advantage FundTata Treasury Advantage Fund aims to invest in different kinds of fixed income and money market securities that offer greater liquidity and offers reasonable returns. The security to invest in is measured by several parameters such as issuer credit rating history, maturity of the security, interest rate, issuer’s financial track record, issuer’s corporate governance track record, amongst others.Fund TypeOpen ended low duration debt schemeEntry LoadN/AExit LoadNilBenchmarkCrisil Low Duration Debt IndexFund ManagerAkhil MittalRisk FactorModerately LowInvestment ObjectiveThe investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of debt and money market instruments with relatively lower interest rate risk.

1. Tata Income FundTata Income Fund primarily focuses on debt funds that offer regular accrual income and provide stability to investors’ portfolio. The fund provides opportunities to investors to earn tax-efficient accrual income and capital gains in a medium to long term time horizon.Fund TypeOpen ended medium term debt schemeEntry LoadN/AExit Load1% of NAV is charged as exit load if the investment is redeemed before the expiry of 1 year from the date of issue.BenchmarkCRISIL Medium to Long Term Debt IndexFund ManagerAkhil MittalRisk FactorModerateInvestment ObjectiveThe primary objective of the Tata Income Fund is to facilitate income distribution and aim for capital appreciation over medium to long term.Ideal for Investors:Tata Income Fund is ideal for those investors who are looking for accrual returns in a high interest rate environment and capital appreciation opportunities in a low interest rate situation.
2. Tata Medium Term FundTata Medium Term Fund allocates the fund into different kinds of fixed income instruments to generate considerable returns at a moderate risk. The securities are identified using different parameters such as issuer’s financial track record, issuer’s corporate track record, issuer’s corporate governance track record, maturity of the security, liquidity, rate of interest, and more.Fund TypeOpen ended medium term debt schemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Medium Term Debt IndexFund ManagerMurthy NagarajanRisk FactorModerateInvestment ObjectiveThe primary investment objective of Tata Medium Term Fund is to maximise income and gains from medium term capital appreciation.

1. Tata Dynamic Bond FundTata Dynamic Bond Fund manages the maturities that according to the fund manager are appropriate in terms of the current interest rate scenario. In a dynamic environment when interest rates are volatile, Tata Dynamic Fund manages the assets keeping in view the future direction of the interest rates.Fund TypeOpen ended medium term debt schemeEntry LoadNilExit Load0.50% of NAV is charged as exit load if the investment is redeemed on or before the expiry of 1 month from the date of issue.BenchmarkCrisil Composite Bond Fund IndexFund ManagerAkhil MittalRisk FactorModerateInvestment ObjectiveThe primary objective of Tata Dynamic Bond Fund is to build a liquid portfolio that consists of money market instruments and debt securities to provide reasonable returns to the investors.Ideal for InvestorsTata Dynamic Bond Fund is ideal for those looking for skilful interest rate risk management to gain from capital appreciation and accrual income.

1. Tata Gilt Securities FundTata Gilt Securities Fund serves the needs of investors who prefer investing in government securities and debt instruments that provide accrual income and capital appreciation at the same time. These instruments are less risky in comparison with corporate debt instruments.Fund TypeOpen ended debt schemeEntry LoadNilExit Load0.50% of NAV is charged as exit load if the fund is redeemed on or before the expiry of 1 month from the date of issueBenchmarkCrisil Dynamic Gilt IndexFund ManagerNaresh KumarRisk FactorModerateInvestment ObjectiveThe investment objective of the Tata Gilt Securities Fund is to create medium to long term capital appreciation and provide income distribution by making investments in government securities.Ideal for Investors:Tata Gilt Securities Fund is ideal for those investors looking to gain from long term accrual income and opportunities for capital appreciation. It is also apt for the investors who wish to invest in government securities.

1. Tata Hybrid Equity FundTata Hybrid Equity Fund aims to invest in a combination of debt and equity based securities. This optimises the gains from the investment portfolio and minimises the risk associated with the investments.Fund TypeOpen-ended hybrid schemeEntry LoadNilExit Load1% of NAV is charged as exit load if the fund is redeemed on or before the expiry of 1 year from the date of issue.BenchmarkCrisil Hybrid 25+75 – Aggressive IndexFund ManagerPradeep Gokhale and Murthy NagarajanRisk FactorModerately HighInvestment ObjectiveThe primary objective of Tata Hybrid Equity Fund is to offer income distribution to the investors and help them gain from medium to long term capital appreciation.Ideal for Investors The scheme is ideal for those investors who are looking for capital appreciation over a long term and seek to invest in a mix of equity and equity related instruments and fixed income instruments.

The following individuals and groups are eligible to invest in Tata Mutual Funds?

Individuals above the age of 18 years can singly or jointly invest (maximum 3 persons) in Tata Mutual Funds.

• Lawful guardians or parents on behalf of minors
• Corporate organisations, PSUs, trusts, endowments or Wakf boards, institutions, funds, group of individuals, associations of persons and societies registered under the Societies Registration Act, 1860, amongst others
• Mutual Funds including any Scheme of any other Mutual Fund or any Scheme managed by the AMC.
• Asset Management Company (AMC) in accordance with the rules and regulations formed by SEBI
• Partners of a Partnership firm
• Hindu Undivided Families (HUF) in the sole name of the Karta
• Banking and financial investment institutions
• Navy/Army/Air Force, paramilitary Units and other defence institutions
• Religious organisations and Charitable Trusts allowed to invest by law
• NRIs/individuals of Indian origin living abroad (NRIs) on a full repatriation basis
• Government approved International Multilateral Agencies
• Foreign Portfolio Investors

For KYC registration, there are different document requirements for individual investors and non-individual investors. The KYC registration can be done through KYC Registration Agencies that are registered with the SEBI. Following are the documents required by individual investors for KYC registration:

• Proof of identity (PAN card copy, Passport Copy, Driving license etc.)
• Proof of address (any of the documents listed under section B of the KYC application form for individuals)

For KYC registration by non-individual investors, a list of mandatory documents can be found in section C of the KYC application form.

Tata Mutual Funds has three options under the Transact Online facility. To avail the facility, the users must have an existing folio with Tata Mutual Fund complied with the KYC.

• Transact with PIN: With a folio number and a PIN registered with Tata Mutual Fund, users can transact online. To use the Transact with PIN facility, PIN agreement must be signed by the user and a self-attested copy of the PAN card is also required. The PIN agreement can be downloaded and submit a duly-filled form to the Investor Services Centre.
• Transact with PAN: To use the Transact with PAN facility, the user needs a folio which has all the KYC complied holders. The features available under this option are however limited.
• Transact Using Username: An individual can create his/her username and password of choice if they have their email address registered.

Tata Mutual Funds has been known for delivering consistent performance and world-class service. It offers schemes for various sects of the society including salaried professionals, businessmen, housewives, retired persons, and aggressive and conservative investors. The Tata Asset Management Company focuses on achieving consistent results on a long-term basis. It uses a transparent framework and rigorous risk control mechanisms to attain the investment objective of a scheme.