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2 star

Tata Banking & PSU Debt Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable 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 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.

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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 2.66 -0.11 -0.05 0.45 1.52 3.37 5.70 -- -- -- --
CCIL T Bill Liquidity Weight 1.54 0.03 0.04 0.20 0.62 1.10 2.20 -- -- -- --
Debt: Banking and PSU 2.81 -0.09 -0.02 0.51 1.42 2.99 5.27 -- -- -- --
Rank within category 15 18 18 9 7 5 6 -- -- -- --
Number of funds in category 21 22 22 22 22 22 19 17 15 13 3

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Banking & PSU Debt Fund - Regular Plan  | Invest Online
2 star
Oct-19 5.70 -- -- 0.71 396
IDFC Banking & PSU Debt Fund - Regular Plan
5 star
Mar-13 5.09 9.78 7.89 0.63 19,284
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Apr-08 5.77 9.00 7.67 0.67 18,125
Axis Banking & PSU Debt Fund
4 star
Jun-12 4.78 9.00 7.91 0.62 16,786
Nippon India Banking & PSU Debt Fund  | Invest Online
5 star
May-15 5.66 9.30 7.85 0.79 6,785

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.64 24-Mar-2020 - 31-Mar-2020 -2.69 12-Mar-2020 - 19-Mar-2020
Month 4.23 24-Mar-2020 - 23-Apr-2020 -3.62 20-Feb-2020 - 23-Mar-2020
Quarter 7.36 26-Mar-2020 - 25-Jun-2020 -1.49 24-Dec-2019 - 24-Mar-2020
Year 11.66 24-Mar-2020 - 24-Mar-2021 4.29 10-Jul-2020 - 12-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.37 0.39 -1.71 -4.34 -- --
Debt: Banking and PSU* 8.12 2.44 1.81 3.37 2.27 5.58
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 33 33 20 84
Modified Duration (yrs) 2.50 2.93 2.00 2.32
Average Maturity (yrs) 3.11 4.17 2.45 3.15
Yield to Maturity (%) 5.00 6.03 4.75 4.81
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 5.32% National Housing Bank 2023 Non Convertible Debenture AAA 0.00 - 10.25 10.25
equal 6.44% Indian Oil Corporation 14/04/2023 Debenture AAA 4.29 - 7.82 7.82
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 3.77 - 7.06 7.06
equal 7.42% Power Finance Corporation 19/11/2024 Non Convertible Debenture AAA 2.88 - 6.69 6.69
equal 6.55% NTPC 17/04/2023 Debenture AAA 3.66 - 7.16 6.52
new 6.91% NHPC 15/09/2022 Debenture AAA 0.00 - 6.50 6.50
equal 6.19% Indian Railway Finance Corporation 28/04/2023 Debenture AAA 0.00 - 6.49 6.49
equal 6.45% ICICI Bank 15/06/2028 Debenture AAA 0.00 - 6.25 6.25
equal Kotak Mahindra Bank 2022 Certificate of Deposit A1+ 0.00 - 6.14 6.14
equal ONGC Petro Additions 2025 Non Convertible Debenture AAA 3.04 - 5.87 5.53
equal 4.78% Housing & Urban Development Corporation 28/02/2024 Non Convertible Debenture AAA 0.00 - 3.78 3.78
down 4.26% GOI 17/05/2023 GOI Securities SOV 0.00 - 3.44 2.53
down 5.63% GOI 2026 GOI Securities SOV 0.00 - 5.71 2.52
equal 9.20% ICICI Bank Additional Tier 1 Bond AA+ 1.36 - 5.37 2.32
down 6.18% GOI 2024 GOI Securities SOV 1.84 - 28.61 1.84
down 9.34% REC 25/08/2024 Debenture AAA 1.40 - 4.57 1.40
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.77 - 1.51 1.36
equal 7.82% West Bengal State 19/06/2023 State Development Loan SOV 0.00 - 1.34 1.34
equal 7.13% NHPC 2026 Debenture AAA 0.75 - 1.44 1.32
equal 8.50% LIC Housing Fin. 20/06/2022 Non Convertible Debenture AAA 0.00 - 1.31 1.31
equal 7.13% NHPC 2028 Debenture AAA 0.73 - 1.42 1.30
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 6.86 1.26
equal 8.55% Uttar Pradesh State 2022 State Development Loan SOV 0.00 - 0.97 0.97
up 8.58% Gujarat State 23/01/2023 State Development Loan SOV 0.00 - 0.91 0.91
equal 8.29% Rajasthan State 26/07/2025 State Development Loan SOV 0.00 - 0.77 0.77

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-Aug-2021

Fund Manager

— Amit Somani since 19-Sep-2019

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:


-0.11%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 11.5430

IDCW: ₹ 11.5430


Investment Strategy

The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 150
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 10-Oct-2019
Return Since Launch: 7.60%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 396 Cr (As on 31-Aug-2021)
Expense: 0.71% (As on 31-Aug-2021)
Risk Grade: Above Average
Return Grade: Average

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: 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

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