Best Schemes of Tata Mutual Fund in the Current Market

Tata Mutual Fund is one of the highly trusted AMCs in India which has gained popularity due to the innovations in the investment strategies which have led the investors towards financial stability by fulfilling various financial goals. Tata Asset Management Company was launched in May 1995, and today it is trusted by lacks of successful investors. Out of the 165 schemes provided, a few of them were among the portfolios of the majority of investors due to their innovative strategical approach which has added laurels to the portfolio of thousands of investors. Some of the top performing schemes of Tata Mutual Fund are described below:

Top Performing Schemes of Tata Mutual Fund

Tata Liquid Fund (G)

This liquid fund has never provided a negative return and never went behind the benchmark and category’s average in the race of trailing or rolling return of any time period which is the reason it is highly opted by the investors and has a gigantic AUM nearing Rs 20,000 crore. The secret of the success lies in the bond selection by the fund manager. Securities with very high credit quality are chosen by the fund manager with a very low rate sensitivity. A total of 95 securities are present in the portfolio with an average maturity of.09 years and yield to maturity of 7.84%. More than 92% of the corpus is invested in the securities of A1+ credit ratings.

Tata Equity P/E Fund (G)

As per the name, this value-oriented equity scheme provided by Tata Mutual Fund seeks the stocks with better PE ratio to deliver long-term capital growth. It has been a huge success since inception in 2004 and has maintained an average rolling return of 20.71% per annum. The risk to reward ratio of Tata Equity PE fund is commendable as it has been able to deliver consistent and fruitful returns at the expense of a moderate risk factor. The majority of the corpus allocation is in large-cap companies to maintain the stability in the NAV.

Tata Digital India Fund (G)

It is a remarkable late entrant in the category of technology sectoral mutual funds. Within 1 year, it has delivered a 64% return from 2017-18. It was launched in December 2015 with an aim to take advantage of the fastest developing sector in the Indian economy. It selects the equity of stocks of IT sector which has a potential to grow exponentially in the future. It is a highly volatile fund, but the returns are exceptional as compared to the benchmark and category’s average.

Tata Retirement Savings Fund - Progressive Plan (G)

It is one of the most innovative solution-oriented schemes which aims to fulfil the purpose of retirement planning with a well-structured and proven strategy. It is one of the best retirement planning schemes which gets switched to a moderate and conservative investment strategy when a fixed age is reached by the investors. It has generated a trailing return of 23.56% in last 5 years. Growth style of investment is done for the multi-cap portfolio Progressive plan of Tata Retirement Savings Fund to gather maximum corpus for moderate and conservative plans. The exit load is charged for redemption until the investor reaches the age of 60. The aim is to gather maximum corpus for the next 30 years after the retirement in the 30 years before the retirement.

Apart from these, many other schemes of Tata Mutual Fundhave performed significantly in the past. These schemes are chosen after extensive research of the strategies followed by the fund manager, trailing returns, and various other parameters. The past, as well as the future aspects of the schemes, have been deeply analysed. (data mentioned in the above schemes is as of 31st August 2018)

Read the article to get the general introduction of the top performing schemes by Tata Mutual Fund.

Dishika is well-versed with the ups and downs of the financial market and has published articles on mutual fund and SIP. She is associated with MySIPonline.com, which is an AMFI registered mutual fund company.