Tata Money Market Fund Direct Growth

Tata Money Market Fund Direct Growth

NAV as on 28-03-2025

₹ 4713.76

0.2%

1D

Inception Returns

6.7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
686 people have invested ₹ 11.4Cr in Tata Money Market Fund Direct Growth in the last three months

About Tata Money Market Fund Direct Growth

Tata Money Market Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Amit Somani. This fund is suitable to keep your money safe.

Key Parameters

  1. Tata Money Market Fund Direct Growth has ₹26845 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Tata Money Market Fund Direct Growth has given a CAGR return of 6.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.99%, 7.24% and 6.37% respectively.

Holdings

Tata Money Market Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government, Health, Basic Materials. Its top holdings are 5.22% Govt Stock 2025, Federal Bank Ltd., Axis Bank Ltd., Bank Of India, Union Bank Of India

Taxation

As it is a money market mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Tata Money Market Fund Direct Growth

The investment objective is to generate returns with reasonable liquidity to the unitholders by investing in money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Tata Money Market Fund Direct Growth has no lock in period.

Tata Money Market Fund Direct Growth Overview

Expense ratio0.16%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹26845 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
373.05%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (28-Mar-25)

Period
Tata Money Market Fund Direct Growth
Money Market Index
1M
0.8%
0.6%
3M
2.2%
1.6%
6M
4%
3.1%
1Y
8%
6.6%
3Y
7.2%
6.4%
5Y
6.4%
5.6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
42.7%
Cash Equivalent
35.6%
Government
21.7%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 28.2K Cr
₹ 27.2K Cr
₹ 24.8K Cr
  • AUM of the fund stands at 28.2K Cr as of Feb'25
  • AUM increased by 973.4 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Axis Bank Ltd.'s allocation increased from 0.86% to 2.85%
Axis Bank Ltd.'s allocation increased from 0.86% to 2.85%
Cash allocation has gone up from 86.2% to 86.8%
Cash allocation has gone up from 86.2% to 86.8%
Debt allocation has gone down from 13.5% to 13%
Debt allocation has gone down from 13.5% to 13%

Top 3 Sectors in February were Financial Services, Corporate & Government

Feb'25
Financial Services
94%
Corporate
43%
Government
22%
Jan'25
Financial Services
94%
Corporate
41%
Government
11%
  • Debt & Cash

Holdings
Weight%
1M Change
5.22% Govt Stock 2025
5.22% Govt Stock 2025
4.64%
66.7%
Federal Bank Ltd.
Federal Bank Ltd.
4.15%
100%
Axis Bank Ltd.
Axis Bank Ltd.
3.47%
100%
Bank Of India
Bank Of India
3.23%
-7.5%
Union Bank Of India
Union Bank Of India
3.14%
0%
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Amit Somani
Amit Somani
Fund Manager of Tata Money Market Fund Direct Growth, since 16 October 2013
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.91L Cr
as on 28-Feb-2025
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Website
kiran@tataamc.com

Mutual Fund Insights

Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.16% which is lower than the category average expense ratio of 0.31%.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
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Over the last 1 month, this fund has experienced a 7.3% drop in AUM moving from 28.96K Cr to 26.84K Cr.
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Over the last 1 year, this fund has decreased expense ratio by 5.9% moving from 0.17 to 0.16.
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In the last 3 years, this fund has outperformed all funds in its category.

Tata Money Market Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.74% since inception which is more than its category average return of 5.5%
AUM size ₹26845 Cr

AUM size ₹26845 Cr

This fund has AUM of ₹26845 Cr which is more than its category average of ₹ 10722 Cr
Expense Ratio 0.16%

Expense Ratio 0.16%

This fund has an expense ratio of 0.16% which is less than its category average expense ratio of 0.33%

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Frequently Asked Questions for Tata Money Market Fund Direct Growth

The current NAV of Tata Money Market Fund Direct Growth is ₹4713.76 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Tata Money Market Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.84%
0.84%
6 Month Returns
4.04%
4.04%
1 Year Returns
7.99%
7.99%
3 Years Returns
23.32%
7.24%
5 Years Returns
36.2%
6.37%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.16% as on March 2025
₹26845 Cr as on March 2025
5.22% Govt Stock 2025(4.64%), Federal Bank Ltd.(4.15%), Axis Bank Ltd.(3.47%), Bank Of India(3.23%), Union Bank Of India(3.14%) as on March 2025
Corporate(51.29%), Cash Equivalent(26.83%), Government(21.88%) as on March 2025
Yield to Maturity is 7.45 as on March 2025. 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 7.74 as on March 2025. 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 Money Market Fund Direct Growth
The Exit load of Tata Money Market Fund Direct Growth is 0%