Tata Short Term Bond Fund Direct Growth

Debt
Direct
Short Duration
Tata Short Term Bond Fund Direct Growth

About the Fund

Tata Short Term Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Sonthalia, Murthy Nagarajan. This fund is suitable to keep your money safe.

Key Parameters

  1. Tata Short Term Bond Fund Direct Growth has ₹2209 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Tata Short Term Bond Fund Direct Growth has given a CAGR return of 7.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.48%, 5.86% and 6.75% respectively.

Holdings

Tata Short Term Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.32% Govt Stock 2030, 7.1% Govt Stock 2034, 7.18% Govt Stock 2033, Bajaj Finance Limited, National Bank For Agriculture And Rural Development

Taxation

As it is a short duration 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 Short Term Bond Fund Direct Growth

The investment objective is to generate regular income/appreciation over a short term period. There can be no assurance that the investment objective of the Scheme will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Tata Short Term Bond Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
30 people have invested ₹ 17.3L in Tata Short Term Bond Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.36%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹2209 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
142.01%
Risk
Risk meter
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Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Corporate
50%
Government
43.6%
Cash Equivalent
6.3%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.32% Govt Stock 2030
7.32% Govt Stock 2030
6.2%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
5.83%
24.3%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
4.68%
95.2%
Bajaj Finance Limited
Bajaj Finance Limited
3.39%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.38%
0%

Abhishek Sonthalia
Abhishek Sonthalia
Fund Manager of Tata Short Term Bond Fund Direct Growth, since 6 February 2020
Murthy Nagarajan
Murthy Nagarajan
Fund Manager of Tata Short Term Bond Fund Direct Growth, since 1 April 2017

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has increased expense ratio by 9.1% moving from 0.33 to 0.36.
Insights icon
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.36% which is lower than the category average expense ratio of 0.7%.
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In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.79% return, outperforming this fund by 1.94% per annum.
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In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 8.13% return, outperforming this fund by 1.37% per annum.
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In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.09% return, outperforming this fund by 0.61%.
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Over the last 3 months, this fund has experienced a 4.9% drop in AUM moving from 2.32K Cr to 2.20K Cr.

Tata Short Term 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 7.51% since inception which is more than its category average return of 5.67%
AUM size ₹2209 Cr

AUM size ₹2209 Cr

This fund has AUM of ₹2209 Cr which is less than its category average of ₹ 3586 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions

The current NAV of Tata Short Term Bond Fund Direct Growth is ₹48.83 as on 16-Jul-2024.
Existing (Absolute + CAGR) as on 16-Jul-2024.
Tata Short Term Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.7%
0.7%
6 Month Returns
3.97%
3.97%
1 Year Returns
7.48%
7.48%
3 Years Returns
18.62%
5.86%
5 Years Returns
38.64%
6.75%
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.
0.36% as on June 2024
₹2209 Cr as on June 2024
7.32% Govt Stock 2030(6.2%), 7.1% Govt Stock 2034(5.83%), 7.18% Govt Stock 2033(4.68%), Bajaj Finance Limited(3.39%), National Bank For Agriculture And Rural Development(3.38%) as on June 2024
Corporate(50.04%), Government(43.62%), Cash Equivalent(6.33%) as on June 2024
Yield to Maturity is 7.63 as on June 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 2.66 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Abhishek Sonthalia, Murthy Nagarajan are the fund managers of Tata Short Term Bond Fund Direct Growth
The Exit load of Tata Short Term Bond Fund Direct Growth is 0%