Tata Money Market Fund - Regular Plan

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Value Research Rating

4 star

Analyst’s Choice

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Riskometer

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Low to Moderate

₹4,267.9747 0.02%

As on 29-Feb-2024

Returns

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Calculate SIP Returns of Tata Money Market Fund - Regular Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Low to Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Tata Money Market Fund - Regular Plan

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Tata Money Market Fund - Regular Plan

Assets info

₹17,030 Cr

Exit Load (Days) info

--

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

1,000

Min. SIP Investment (₹)

500

Min. No of Cheques

12

Investment Strategy

The scheme seeks to generate returns with reasonable liquidity to the unit holders by investing in money market instruments.

Suitability

"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."

Taxation

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

FAQ for Tata Money Market Fund - Regular Plan

Tata Money Market Fund - Regular Plan is mandated to invest in bonds having maturity of up to one year and therefore, it is suitable to invest in for a similar time frame.

Mutual funds can be bought directly from the website of the fund house. For instance, Tata Money Market Fund - Regular Plan fund can be purchased from the website of Tata Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Tata Money Market Fund - Regular Plan is ₹4,267.9747 as of 01-Mar-2024.

The AUM of Tata Money Market Fund - Regular Plan Fund is ₹17,030 Cr as of 31-Jan-2024

The riskometer level of Tata Money Market Fund - Regular Plan is Low to Moderate. See More

Company Percentage of Portfolio

Larsen & Toubro Ltd CP 55-D 29/02/2024

7.30

ICICI Securities Ltd CP 365-D 23/01/2025

4.06

Small Industries Devp. Bank of India Ltd CP 06/06/2024

2.86

Reserve Bank of India T-Bills 182-D 20/06/2024

2.83

Axis Bank Ltd CD 14/01/2025

2.73
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As of 31-Jan-2024, Tata Money Market Fund - Regular Plan had invested 99.01% in Debt and 0.99% in Cash & Cash Eq. See More

Tata Money Market Fund - Regular Plan is 20 years 9 months old. It has delivered 6.69% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.63%
5.60%
6.04%
5.30%
6.15%
6.69%

No, There is no lock in period in Tata Money Market Fund - Regular Plan.

The expense ratio of Tata Money Market Fund - Regular Plan is 0.42.

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