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NAV as of ( Sep 09, 2022 )
₹ 11.97 0.01 % 1-D Change
You get upto 0.49% extra returns
Sorry! A report card for this scheme is not available because it has been in existence for less than 3 years.
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|ET Money Rank||Not yet ranked|
|Expense ratio||0.23% As on May 31, 2022|
|AUM (Fund Size)||₹ 309 Crs|
|Age||2 yrs 11 m Since Sep 19, 2019|
|Benchmark||CRISIL Banking and PSU Debt|
SIP ₹ 1000 &
Lumpsum ₹ 5000
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Bifurcation by Holding is not available for this fund
Large Cap 0%
Mid Cap 0%
Small Cap 0%
Other Cap 0%
Bifurcation by Sector is not available for this fund
Power Finance Corpn. Ltd. 8.16%
Rural Electrification Corpn. Ltd. 8.1%
National Thermal Power Corp. Ltd. 8.09%
Indian Oil Corpn. Ltd. 8.09%
Cash & Call Money 14.59%
Non Convertible Debenture 31.11%
State Development Loan 12.63%
|Fund name||Annual Return %||Consistency||Value Research Rating|
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|Period||Trailing returns||Category average||Rank within category|
|1 month||0.47%||0.57%||10 / 18|
|3 months||1.8%||2.03%||11 / 18|
|6 months||1.15%||1.8%||15 / 18|
|1 year||2.7%||3.17%||12 / 18|
Level of Risk in the Scheme
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DEBT BANKING AND PSU
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.
Mr.Somani is a B.Com, PGDBM and CFA.
Prior to joining Tata Asset Management Ltd in 2010 he has worked with Fidelity Investments Netscribes Pvt. ltd, SPA Capital and Khandwala Securities.
As on Jun 30, 2022
The Tata Banking & PSU Debt Fund is a 2 yrs 11 m old fund and has delivered average annual returns of 6.31% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Tata Banking & PSU Debt Fund for Sep 09, 2022 is 11.97 .
On ET Money, Investing in Tata Banking & PSU Debt Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Tata Banking & PSU Debt Fund is 0.23%. .
Redeeming your investments in Tata Banking & PSU Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Tata Banking & PSU Debt Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Tata Banking & PSU Debt Fund is ₹309 Crs.
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The Tata Banking & PSU Debt Fund allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||14.59%|
The top 3 debt holdings of Tata Banking & PSU Debt Fund are as follows
|Holding Name||Percentage of Portfolio|
|Power Finance Corpn. Ltd.||8.16%|
|Rural Electrification Corpn. Ltd.||8.1%|
|National Thermal Power Corp. Ltd.||8.09%|