Tata Money Market Fund Direct Plan Growth
Debt
Direct
Money Market
NAV: ₹ 4386.82 as on 18-04-2024
Fund Performance
360 people have invested ₹ 2.4Cr in Tata Money Market Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 1 month, this fund has experienced a 15.1% drop in AUM moving from 16.51K Cr to 14.01K Cr.
This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.15% which is lower than the category average expense ratio of 0.33%.
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 1 month, this fund has decreased expense ratio by 11.8% moving from 0.17 to 0.15.
In the last 3 years, this fund has outperformed all funds in its category.
About the Tata Money Market Fund Direct Plan Growth
Tata Money Market Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Amit Somani. This fund is suitable to keep your money safe.
Key Parameters
- Tata Money Market Fund Direct Plan Growth has ₹14015 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Tata Money Market Fund Direct Plan Growth Overview
 | 0.15% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹14015 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 451.6% |
Tata Money Market Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
41.2%
Cash Equivalent
38.4%
Government
20.4%
Top Holdings of Tata Money Market Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings60
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Punjab National Bank | 5.03% | 0% | |
LIC Housing Finance Ltd. | 4.83% | 0% | |
Icici Securities Limited | 4.68% | -3.4% | |
LIC Housing Finance Ltd. | 4.65% | 100% | |
Small Industries Development Bank Of India | 3.68% | -8.3% |
See all
Tata Money Market Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 14K Cr as of Mar'24
- AUM decreased by 2.5K Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Tata Money Market Fund Direct Plan Growth Fund Manager
Amit Somani
Fund Manager of Tata Money Market Fund Direct Plan Growth, since 16 October 2013
Top funds managed
Tata Money Market Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.65% since inception which is more than its category average return of 4.97%
AUM size ₹14015 Cr
This fund has AUM of ₹14015 Cr which is more than its category average of ₹ 6049 Cr
Expense Ratio 0.15%
This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 0.33%
Frequently Asked Questions
The current NAV of Tata Money Market Fund Direct Plan Growth is ₹4386.82 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Tata Money Market Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.86% | 0.86% |
6 Month Returns | 4.06% | 4.06% |
1 Year Returns | 7.93% | 7.93% |
3 Years Returns | 19.28% | 6.05% |
5 Years Returns | 35.61% | 6.28% |
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.
0.15% as on March 2024
₹14015 Cr as on March 2024
Punjab National Bank(5.03%), LIC Housing Finance Ltd.(4.83%), Icici Securities Limited(4.68%), LIC Housing Finance Ltd.(4.65%), Small Industries Development Bank Of India(3.68%) as on March 2024
Corporate(41.16%), Cash Equivalent(38.42%), Government(20.42%) as on March 2024
Yield to Maturity is 7.67 as on March 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 0.61 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Amit Somani is the fund manager of Tata Money Market Fund Direct Plan Growth
The Exit load of Tata Money Market Fund Direct Plan Growth is 0%