Tata Fixed Maturity Series 61 Scheme D 91 Days Fund Direct Growth

Tata Fixed Maturity Series 61 Scheme D 91 Days Fund Direct Growth is a debt fund. This fund was started on 5 December, 2024. The fund is managed by Akhil Mittal. This fund is suitable to keep your money safe.

1. Tata Fixed Maturity Series 61 Scheme D 91 Days Fund Direct Growth has ₹210 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Tata Fixed Maturity Series 61 Scheme D 91 Days Fund Direct Growth has given a CAGR return of 1.78% since inception.

Tata Fixed Maturity Series 61 Scheme D 91 Days Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are Kotak Securities Ltd, Axis Bank Limited, Union Bank Of India, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), Indian Bank

As it is a fixed maturity ultrashort 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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to generate income and / or capital appreciation by investing in Fixed Income Instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the maturity of the scheme.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Tata Fixed Maturity Series 61 Scheme D 91 Days Fund Direct Growth has no lock in period.