1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.56 | 0.01 | 0.06 | 0.29 | 0.83 | 1.92 | 5.93 | 4.54 | 5.52 | 6.38 | 7.25 |
CCIL T Bill Liquidity Weight | 0.31 | 0.01 | 0.04 | 0.19 | 0.48 | 1.05 | 2.85 | 3.72 | 3.95 | 4.39 | 4.68 |
Debt: Money Market | 0.63 | 0.01 | 0.05 | 0.27 | 0.87 | 1.82 | 5.30 | 6.67 | 6.87 | 7.36 | 7.95 |
Rank within category | 5 | 11 | 10 | 6 | 5 | 3 | 3 | 13 | 12 | 12 | 12 |
Number of funds in category | 19 | 19 | 19 | 19 | 19 | 18 | 17 | 13 | 12 | 12 | 12 |
As on 03-Mar-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Tata Money Market Fund - Regular Plan | Invest Online | May-03 | 5.93 | 4.54 | 5.52 | 0.44 | 1,874 | |
HDFC Money Market Fund | Invest Online | Nov-99 | 6.05 | 7.13 | 7.02 | 0.35 | 10,530 | |
ICICI Prudential Money Market Fund | Invest Now | Mar-06 | 5.78 | 7.04 | 7.05 | 0.33 | 10,355 | |
Aditya Birla Sun Life Money Manager Fund | Invest Online | Oct-05 | 6.05 | 7.32 | 7.25 | 0.33 | 10,189 | |
Axis Money Market Fund - Regular Plan | Aug-19 | 5.75 | -- | -- | 0.31 | 1,971 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 1.74 | 24-Mar-2020 - 31-Mar-2020 | -5.89 | 25-Oct-2018 - 01-Nov-2018 |
Month | 2.46 | 24-Mar-2020 - 23-Apr-2020 | -5.46 | 05-Oct-2018 - 06-Nov-2018 |
Quarter | 3.98 | 24-Mar-2020 - 24-Jun-2020 | -5.90 | 07-Aug-2018 - 06-Nov-2018 |
Year | 9.82 | 24-Aug-2011 - 23-Aug-2012 | -0.72 | 01-Nov-2017 - 01-Nov-2018 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 4.52 | 3.61 | -0.02 | -0.01 | 0.36 | 0.25 |
CCIL T Bill Liquidity Weight | 3.68 | 0.37 | -2.46 | -5.24 | -- | -- |
Debt: Money Market | 6.63 | 1.11 | 2.57 | 4.93 | 1.44 | 3.36 |
Rank within category | 14 | 14 | 14 | 14 | 1 | 14 |
Number of funds in category | 14 | 14 | 14 | 14 | 14 | 14 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 28-Feb-2021
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 39 | 39 | 9 | 37 |
Modified Duration (yrs) | 0.25 | 0.79 | 0.25 | -- |
Average Maturity (yrs) | 0.25 | 0.79 | 0.25 | -- |
Yield to Maturity (%) | 3.69 | 6.13 | 3.47 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Reserve Bank of India 364-D 29/04/2021 | Treasury Bills | SOV | 0.00 - 13.24 | 13.24 |
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Reserve Bank of India 182-D 29/07/2021 | Treasury Bills | SOV | 0.00 - 6.56 | 6.56 |
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7.94% GOI 24/05/2021 | Central Government Loan | SOV | 0.00 - 6.68 | 5.41 |
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Export-Import Bank 22/04/2021 | Certificate of Deposit | A1+ | 0.00 - 5.30 | 5.30 |
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Reserve Bank of India 91-D 29/04/2021 | Treasury Bills | SOV | 0.00 - 5.29 | 5.29 |
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Bank of Baroda 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 6.47 | 5.28 |
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7.80% GOI 2021 | Central Government Loan | SOV | 0.00 - 13.90 | 5.11 |
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National Bank Agr. Rur. Devp 364-D 18/02/2021 | Commercial Paper | A1+ | 0.00 - 7.77 | 4.00 |
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Reliance Retail Ventures 61-D 10/02/2021 | Commercial Paper | A1+ | 0.00 - 3.27 | 2.67 |
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Kotak Mahindra Prime 10-D 01/02/2021 | Commercial Paper | A1+ | 0.00 - 2.67 | 2.67 |
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Reliance Retail Ventures 200-D 15/03/2021 | Commercial Paper | A1+ | 0.00 - 7.78 | 2.66 |
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Network 18 Media & Inv 167-D 25/02/2021 | Commercial Paper | A1+ | 0.00 - 7.79 | 2.66 |
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Tata Motors Finance 198-D 13/05/2021 | Commercial Paper | A1+ | 0.00 - 4.46 | 2.64 |
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National Bank Agr. Rur. Devp 27/01/2022 | Certificate of Deposit | A1+ | 0.00 - 2.57 | 2.57 |
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Tata Teleservices 363-D 01/12/2021 | Commercial Paper | A1+ | 0.00 - 2.92 | 2.39 |
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Tata Teleservices (Mah) 19/02/2021 | Commercial Paper | A1+ | 0.00 - 3.10 | 2.13 |
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Sundaram Home Finance 174-D 08/03/2021 | Commercial Paper | A1+ | 0.00 - 5.44 | 1.86 |
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Birla Group Holdings 26/02/2021 | Commercial Paper | A1+ | 0.00 - 1.63 | 1.33 |
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Deutsche Investments 169-D 09/03/2021 | Commercial Paper | A1+ | 0.00 - 3.86 | 1.33 |
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Larsen & Toubro 100-D 25/03/2021 | Commercial Paper | A1+ | 0.00 - 1.63 | 1.33 |
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Indusind Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 4.33 | 1.33 |
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Standard Chartered Invest&Loan 283-D 15/02/2021 | Commercial Paper | A1+ | 0.00 - 8.29 | 1.33 |
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Tata Power 272-D 25/03/2021 | Commercial Paper | A1+ | 0.00 - 5.63 | 1.33 |
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Aditya Birla Money 44-D 26/02/2021 | Commercial Paper | A1+ | 0.00 - 1.33 | 1.33 |
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Tata Teleservices (Mah) 88-D 12/03/2021 | Commercial Paper | A1+ | 0.00 - 1.63 | 1.33 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2021
— Amit Somani since 16-Oct-2013
Education: Mr.Somani is a B.Com, PGDBM and CFA.
Experience: Prior to joining Tata Asset Management Ltd in 2010 he has worked with Fidelity Investments Netscribes Pvt. ltd, SPA Capital and Khandwala Securities.
Funds Managed:
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The scheme seeks to generate returns with reasonable liquidity to the unit holders by investing in money market instruments.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 12 |
Minimum Withdrawal (₹) | 1,000 |
Minimum Balance (₹) | -- |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | Tata Mutual Fund |
Launch Date: | 22-May-2003 |
Return Since Launch: | 6.87% |
Benchmark: | CRISIL Money Market Index |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 1,874 Cr (As on 31-Jan-2021) |
Expense: | 0.44% (As on 31-Jan-2021) |
Risk Grade: | -- |
Return Grade: | Above Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 03-Mar-2021 | 0.0732 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 27-Oct-2017 | 3.7642 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 24-Oct-2017 | 0.8471 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 16-Apr-2018
Fund News - 27-Sep-2017
Fund News - 20-Jul-2017
Fund News - 30-May-2016
Category Watch - 17-Jun-2011
AMC: Tata Asset Management Private Ltd
Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021
Phone: 1800-209-0101
Email: [email protected]
Website: http://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