Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Corporate Bond
Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl 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 Quarterly Reinvestment Inc Dist cum Cap Wdrl has ₹1068 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 Quarterly Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 5.78% since inception. Over the last 1 year the fund has given a CAGR return of 7.59%.

Holdings

Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are National Bank for Agriculture and Rural Development, Jamnagar Utilities And Power Private Limited, Power Finance Corp Ltd., 7.34% Govt Stock 2064, National Bank For Agriculture And Rural Development

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 Quarterly Reinvestment Inc Dist cum Cap Wdrl

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 Quarterly Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.31%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹1068 Cr
Inception Date1 December, 2021
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
283.41%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
85.5%

AA
14.5%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
56.4%
Government
36.6%
Cash Equivalent
7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
National Bank for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
7.02%
50%
Jamnagar Utilities And Power Private Limited
Jamnagar Utilities And Power Private Limited
4.7%
0%
Power Finance Corp Ltd.
Power Finance Corp Ltd.
4.68%
0%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
4.67%
0%
Godrej Properties Limited
Godrej Properties Limited
4.66%
42.9%

Abhishek Sonthalia
Abhishek Sonthalia
Fund Manager of Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl, since 1 December 2021

Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl 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 5.78% since inception which is more than its category average return of 5.48%
AUM size ₹1068 Cr

AUM size ₹1068 Cr

This fund has AUM of ₹1068 Cr which is less than its category average of ₹ 6169 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl is ₹11.54 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.89%
0.89%
6 Month Returns
4.3%
4.3%
1 Year Returns
7.59%
7.59%
3 Years Returns
0%
0%
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.
0.31% as on May 2024
₹1068 Cr as on May 2024
National Bank for Agriculture and Rural Development(7.02%), Jamnagar Utilities And Power Private Limited(4.7%), Power Finance Corp Ltd.(4.68%), 7.34% Govt Stock 2064(4.67%), National Bank For Agriculture And Rural Development(4.66%) as on May 2024
Corporate(56.38%), Government(36.62%), Cash Equivalent(7%) as on May 2024
Yield to Maturity is 7.81 as on May 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 4.14 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
85.48
AA
14.52
Abhishek Sonthalia is the fund manager of Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Tata Corporate Bond Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl is 0%