Tata Corporate Bond Fund Direct Growth
Debt
Direct
Corporate Bond
NAV as on 27-11-2024
₹ 11.98
Inception Returns
6.2%
/yr
About Tata Corporate Bond Fund Direct Growth
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 ₹2753 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.
Returns
Tata Corporate Bond Fund Direct Growth has given a CAGR return of 6.23% since inception. Over the last 1 year the fund has given a CAGR return of 8.97%.
Holdings
Tata Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, National Housing Bank, National Bank For Agriculture And Rural Development, 7.34% Govt Stock 2064, Indian Railway Finance Corporation Limited
Taxation
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Tata Corporate Bond Fund Direct Growth
The investment objective of the scheme is to generate returns over short to medium term by investing predominantly in corporate debt instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Tata Corporate Bond Fund Direct Growth has no lock in period.
Historical NAV & Returns
Tata Corporate Bond Fund Direct Growth Overview
| Expense ratio | 0.32% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹2753 Cr |
| Inception Date | 1 December, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 192.18% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (27-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 2.8K Cr as of Oct'24
- AUM increased by 529.6 Cr between Oct'24 and Sep'24
Top 2 Sectors in October were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2034 | 5.77% | -24.9% | |
National Housing Bank | 4.56% | 0% | |
National Bank For Agriculture And Rural Development | 3.63% | 100% | |
7.34% Govt Stock 2064 | 3.08% | 0% | |
National Bank for Agriculture and Rural Development | 2.75% | 0% |
Tata Corporate Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹2753 Cr
Expense Ratio 0.32%
Frequently Asked Questions for Tata Corporate Bond Fund Direct Growth
Tata Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.5% | 0.5% |
6 Month Returns | 4.43% | 4.43% |
1 Year Returns | 8.97% | 8.97% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
AAA | 88.62 |
AA | 11.38 |