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Tata Short Term Bond Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.68 0.07 0.30 0.78 2.04 4.30 10.11 5.64 7.12 8.07 --
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 --
Debt: Short Duration 0.50 0.06 0.28 0.60 1.47 3.34 5.41 6.07 7.24 7.92 --
Rank within category 16 7 11 15 8 16 11 17 17 15 --
Number of funds in category 29 29 29 29 29 29 28 26 26 24 0

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.04 (19-Aug-2013 - 26-Aug-2013) -3.16 (22-Oct-2018 - 29-Oct-2018)
Month 2.41 (20-Aug-2013 - 19-Sep-2013) -2.83 (27-Aug-2018 - 26-Sep-2018)
Quarter 4.09 (19-Aug-2013 - 18-Nov-2013) -4.60 (01-Aug-2018 - 31-Oct-2018)
Year 12.36 (19-Aug-2013 - 19-Aug-2014) -1.15 (31-Oct-2017 - 31-Oct-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.54 2.95 -0.06 -0.05 4.36 6.99
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Short Duration 6.13 3.00 0.63 1.30 3.48 6.13
Rank within category 18 18 18 18 24 16
Number of funds in category 27 27 27 27 27 27

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 96 96 74 57
Modified Duration (yrs) 2.43 2.67 1.52 2.04
Average Maturity (yrs) 3.07 3.80 2.00 2.49
Yield to Maturity (%) 7.03 8.41 6.77 7.45

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal ONGC Petro Additions 27/03/2021 Debenture AAA 6.39 - 7.87 6.53
equal REC 13/12/2022 Debenture AAA 0.00 - 6.02 6.02
equal 7.42% Power Finance Corp. 19/11/2024 Non Convertible Debenture AAA 0.00 - 4.81 4.81
equal 8.30% SBI Cards & Payments Services 17/05/2023 Bonds/Debentures AAA 4.25 - 5.45 4.38
down 7.27% GOI 2026 GOI Securities SOV 0.00 - 12.40 4.16
equal 7.69% National Bank Agr. Rur. Devp 29/05/2024 Non Convertible Debenture AAA 0.00 - 4.95 4.12
equal 7.79% LIC Housing Fin. 18/10/2024 Debenture AAA 0.00 - 4.61 4.04
equal Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 3.83 3.83
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 3.49 3.03
up 8.10% SBI Cards & Payments Services 17/10/2023 Debenture AAA 2.31 - 2.80 2.58
down 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 4.33 2.51
up 8.75% Nabha Power 28/02/2020 Debenture AAA 1.98 - 5.28 2.23
equal 8.50% LIC Housing Fin. 20/06/2022 Non Convertible Debenture AAA 0.00 - 2.50 2.07
equal 8.71% HDB Financial Services 18/02/2021 Bonds/Debentures AAA 0.00 - 2.64 2.04
equal 7.60% Grasim Industries 2024 Non Convertible Debenture AAA 0.00 - 2.46 2.02
new 7.35% Bajaj Finance 2022 Non Convertible Debenture AAA 0.00 - 2.01 2.01
equal 6.90% REC 30/06/2022 Debenture AAA 0.00 - 2.00 2.00
equal Kotak Mahindra Investments 356-D 30/04/2020 Commercial Paper A1+ 0.00 - 2.35 1.97
equal ICICI Bank 14/09/2020 Certificate of Deposit A1+ 0.00 - 2.30 1.94
new ICICI Bank 2020 Certificate of Deposit A1+ 0.00 - 1.91 1.91
new ICICI Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 1.91 1.91
new Axis Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 1.90 1.90
equal 9.25% Reliance Jio Infocomm 16/06/2024 Debenture AAA 1.25 - 2.11 1.26
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 1.21 - 1.54 1.22
up 6.45% GOI 2029 GOI Securities SOV 0.00 - 1.19 1.19

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Murthy Nagarajan since 01-Apr-2017

Education: Mr. Nagarajan is a M.Com, ICWA and PGPMS.

Experience: Prior to joining Tata AMC he has worked with Quantum AMC as head fixed income, Mirae Asset Global Investment India Ltd..

Funds Managed:


0.07%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 36.7499

Dividend Monthly: ₹ 16.7651

Dividend: ₹ 19.4698


Investment Strategy

The scheme seeks to generate regular income/appreciation over a short term period.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.13%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 2,481 Cr (As on 31-Dec-2019)
Expense: 0.28% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly30-Dec-20190.0317

 27-Nov-20190.0317
 29-Oct-20190.0317
 26-Sep-20190.0303
 28-Aug-20190.0303
 29-Jul-20190.0303
 26-Jun-20190.0310
 29-Aug-20180.0324
 30-Jul-20180.0324
 27-Jun-20180.0324
 25-Apr-20180.0324
 26-Mar-20180.0311
 26-Feb-20180.0311
 29-Jan-20180.0311
 27-Dec-20170.0303
 28-Nov-20170.0311
 27-Oct-20170.0303
 27-Sep-20170.0303
 29-Aug-20170.0289
 27-Jul-20170.0144
 14-Jul-20170.0144
 28-Jun-20170.0144
 14-Jun-20170.0152
 29-May-20170.0144
 15-May-20170.0159

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: www.tatamutualfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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