Tata Corporate Bond Fund Direct Growth
Debt
Direct
Corporate Bond
NAV: ₹ 11.44 as on 16-05-2024
About the Fund
Tata Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 December, 2021. The fund is managed by Abhishek Sonthalia. This fund is suitable to keep your money safe.
Key Parameters
- Tata Corporate Bond Fund Direct Growth has ₹1106 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
117 people have invested ₹ 6.7L in Tata Corporate Bond Fund Direct Growth in the last three months
Overview
 | 0.3% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹1106 Cr |
 | 1 December, 2021 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 283.41% |
Tata Corporate Bond Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
87.7%
AA
12.3%
Sector Allocation
Corporate
55%
Government
33.7%
Cash Equivalent
11.2%
Top Holdings of Tata Corporate Bond Fund Direct Growth as on (30-Apr-24)
Debt Holdings53
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Jamnagar Utilities And Power Private Limited | 4.54% | 0% | |
7.18% Govt Stock 2033 | 4.52% | 66.7% | |
LIC Housing Finance Limited | 4.51% | 0% | |
National Bank for Agriculture and Rural Development | 4.51% | 0% | |
Power Finance Corp Ltd. | 4.51% | 100% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.1K Cr as of Apr'24
- AUM increased by 71.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Abhishek Sonthalia
Fund Manager of Tata Corporate Bond Fund Direct Growth, since 1 December 2021
Top funds managed
Tata Corporate Bond 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 5.59% since inception which is more than its category average return of 5.47%
AUM size ₹1106 Cr
This fund has AUM of ₹1106 Cr which is less than its category average of ₹ 6116 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of Tata Corporate Bond Fund Direct Growth is ₹11.44 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Tata Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 4.08% | 4.08% |
1 Year Returns | 7.27% | 7.27% |
3 Years Returns | 0% | 0% |
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.
0.3% as on April 2024
₹1106 Cr as on April 2024
Jamnagar Utilities And Power Private Limited(4.54%), 7.18% Govt Stock 2033(4.52%), National Bank for Agriculture and Rural Development(4.51%), LIC Housing Finance Limited(4.51%), Power Finance Corp Ltd.(4.51%) as on April 2024
Corporate(55.02%), Government(33.74%), Cash Equivalent(11.24%) as on April 2024
Yield to Maturity is 7.84 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 3.66 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 87.66 |
AA | 12.34 |
Abhishek Sonthalia is the fund manager of Tata Corporate Bond Fund Direct Growth
The Exit load of Tata Corporate Bond Fund Direct Growth is 0%