TATA Nifty G SEC Dec 2029 Index Fund Direct Growth

TATA Nifty G SEC Dec 2029 Index Fund Direct Growth is a debt fund. This fund was started on 18 January, 2023. The fund is managed by Amit Somani. This fund is suitable to keep your money safe.

1. TATA Nifty G SEC Dec 2029 Index Fund Direct Growth has ₹178 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.1.
   

TATA Nifty G SEC Dec 2029 Index Fund Direct Growth has given a CAGR return of 8.57% since inception. Over the last 1 year the fund has given a CAGR return of 10.33%.

TATA Nifty G SEC Dec 2029 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.10% Govt Stock 18042028, 6.79% Govt Stock 2029

As it is a index funds - fixed income 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.

The investment objective of the scheme is to track and provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. 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 for lump sum payment is INR 5000.00 and for SIP is INR 500.00. TATA Nifty G SEC Dec 2029 Index Fund Direct Growth has no lock in period.