Tata Corporate Bond Fund Direct Growth

Tata Corporate Bond Fund Direct Growth

Debt

Direct

Corporate Bond

NAV as on 04-12-2024

₹ 12.03

0.1%

1D

Inception Returns

6.3%

/yr

About Tata Corporate Bond Fund Direct Growth

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

  1. Tata Corporate Bond Fund Direct Growth has ₹2753 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Tata Corporate Bond Fund Direct Growth has given a CAGR return of 6.34% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.29% and 6.36% respectively.

Holdings

Tata Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, National Housing Bank, National Bank For Agriculture And Rural Development, 7.34% Govt Stock 2064, Indian Railway Finance Corporation Limited

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
120 people have invested ₹ 15.7L in Tata Corporate Bond Fund Direct Growth in the last three months

Tata Corporate Bond Fund Direct Growth Overview

Expense ratio0.32%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹2753 Cr
Inception Date1 December, 2021
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
192.18%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (04-Dec-24)

Period
Tata Corporate Bond Fund Direct Growth
Corporate Bond Index
1M
0.8%
0.6%
3M
2.3%
1.8%
6M
4.9%
4.3%
1Y
9.3%
8.2%
3Y
6.4%
5.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.9%

AAA
88.6%

AA
11.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Corporate
62.8%
Government
34.4%
Cash Equivalent
2.8%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.8K Cr
₹ 2.2K Cr
₹ 1.8K Cr
  • AUM of the fund stands at 2.8K Cr as of Oct'24
  • AUM increased by 529.6 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 2.4% to 2.8%
Cash allocation has gone up from 2.4% to 2.8%
Debt allocation has gone down from 97.4% to 97%
Debt allocation has gone down from 97.4% to 97%

Top 2 Sectors in October were Corporate, Government

Oct'24
Corporate
63%
Government
34%
Sep'24
Corporate
58%
Government
37%
  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
5.77%
-24.9%
National Housing Bank
National Housing Bank
4.56%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.63%
100%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
3.08%
0%
National Bank for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
2.75%
0%
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Abhishek Sonthalia
Abhishek Sonthalia
Fund Manager of Tata Corporate Bond Fund Direct Growth, since 1 December 2021
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.87L Cr
as on 31-Oct-2024
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Website
kiran@tataamc.com

Tata Corporate Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.34% since inception which is more than its category average return of 5.72%
AUM size ₹2753 Cr

AUM size ₹2753 Cr

This fund has AUM of ₹2753 Cr which is less than its category average of ₹ 6823 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions for Tata Corporate Bond Fund Direct Growth

The current NAV of Tata Corporate Bond Fund Direct Growth is ₹12.03 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
Tata Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.79%
0.79%
6 Month Returns
4.9%
4.9%
1 Year Returns
9.29%
9.29%
3 Years Returns
20.33%
6.36%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.32% as on November 2024
₹2753 Cr as on November 2024
7.1% Govt Stock 2034(5.77%), National Housing Bank(4.56%), National Bank For Agriculture And Rural Development(3.63%), 7.34% Govt Stock 2064(3.08%), Indian Railway Finance Corporation Limited(2.75%) as on November 2024
Corporate(64.11%), Government(33.27%), Cash Equivalent(2.63%) as on November 2024
Yield to Maturity is 7.61 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.58 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
88.62
AA
11.38
Abhishek Sonthalia is the fund manager of Tata Corporate Bond Fund Direct Growth
The Exit load of Tata Corporate Bond Fund Direct Growth is 0%