Tata Corporate Bond Fund Direct Growth
About the Fund
Tata Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 December, 2021. The fund is managed by Abhishek Sonthalia. This fund is suitable to keep your money safe.
Key Parameters
- Tata Corporate Bond Fund Direct Growth has ₹1572 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Tata Corporate Bond Fund Direct Growth has given a CAGR return of 5.89% since inception. Over the last 1 year the fund has given a CAGR return of 7.78%.
Holdings
Tata Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are National Housing Bank, Indian Railway Finance Corporation Limited, National Bank for Agriculture and Rural Development, 7.1% Govt Stock 2034, Power Finance Corp Ltd.
Taxation
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Tata Corporate Bond Fund Direct Growth
The investment objective of the scheme is to generate returns over short to medium term by investing predominantly in corporate debt instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Tata Corporate Bond Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.32% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹1572 Cr |
| Inception Date | 1 December, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 283.41% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Housing Bank | 7.97% | 100% | |
Indian Railway Finance Corporation Limited | 4.81% | 200% | |
National Bank for Agriculture and Rural Development | 4.78% | 0% | |
7.1% Govt Stock 2034 | 3.53% | 0% | |
Power Finance Corp Ltd. | 3.19% | 0% |
Tata Corporate Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹1572 Cr
Expense Ratio 0.32%
Frequently Asked Questions
Tata Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 4.39% | 4.39% |
1 Year Returns | 7.78% | 7.78% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 86.45 |
AA | 13.55 |