Tata Banking & PSU Debt Fund Direct Growth
Debt
Direct
Banking & Psu
NAV: ₹ 13.42 as on 16-05-2024
About the Fund
Tata Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on 11 October, 2019. The fund is managed by Amit Somani. This fund is suitable to keep your money safe.
Key Parameters
- Tata Banking & PSU Debt Fund Direct Growth has ₹213 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
21 people have invested ₹ 35.3K in Tata Banking & PSU Debt Fund Direct Growth in the last three months
Overview
 | 0.25% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹213 Cr |
 | 11 October, 2019 |
 | --/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 170.41% |
Tata Banking & PSU Debt Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
51.8%
Government
42.2%
Cash Equivalent
6%
Top Holdings of Tata Banking & PSU Debt Fund Direct Growth as on (30-Apr-24)
Debt Holdings12
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 07.82 KA Sdl 2027 | 11.89% | 0% | |
Indian Railway Finance Corporation Limited | 11.81% | 0% | |
Power Finance Corporation Ltd. | 11.75% | 0% | |
National Bank For Agriculture And Rural Development | 11.74% | 0% | |
Small Industries Development Bank Of India | 11.69% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 213 Cr as of Apr'24
- AUM decreased by 4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Amit Somani
Fund Manager of Tata Banking & PSU Debt Fund Direct Growth, since 11 October 2019
Top funds managed
Tata Banking & PSU Debt Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.55% since inception which is more than its category average return of 5.48%
AUM size ₹213 Cr
This fund has AUM of ₹213 Cr which is less than its category average of ₹ 3677 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of Tata Banking & PSU Debt Fund Direct Growth is ₹13.42 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Tata Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.92% | 3.92% |
1 Year Returns | 6.89% | 6.89% |
3 Years Returns | 17.31% | 5.46% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.25% as on April 2024
₹213 Cr as on April 2024
07.82 KA Sdl 2027(11.89%), Indian Railway Finance Corporation Limited(11.81%), Power Finance Corporation Ltd.(11.75%), National Bank For Agriculture And Rural Development(11.74%), Small Industries Development Bank Of India(11.69%) as on April 2024
Corporate(51.78%), Government(42.2%), Cash Equivalent(6.02%) as on April 2024
Yield to Maturity is 7.7 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.19 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Amit Somani is the fund manager of Tata Banking & PSU Debt Fund Direct Growth
The Exit load of Tata Banking & PSU Debt Fund Direct Growth is 0%