Tata Short Term Bond Fund Direct Growth

Tata Short Term Bond Fund Direct Growth

Debt

Direct

Short Duration

NAV as on 28-10-2024

₹ 49.98

Inception Returns

7.5%

/yr

About Tata Short Term Bond Fund Direct Growth

Tata Short Term Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Murthy Nagarajan, Abhishek Sonthalia. This fund is suitable to keep your money safe.

Key Parameters

  1. Tata Short Term Bond Fund Direct Growth has ₹2908 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Tata Short Term Bond Fund Direct Growth has given a CAGR return of 7.55% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.64%, 6.29% and 6.77% respectively.

Holdings

Tata Short Term Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.10%Goi 08/04/2034, 07.32 Goi 2030, Export-Import Bank of India, Bajaj Finance Limited, National Bank For Agriculture And Rural Development

Taxation

As it is a short duration 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 Short Term Bond Fund Direct Growth

The investment objective is to generate regular income/appreciation over a short term period. There can be no assurance that the investment objective of the Scheme will be realised.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
35 people have invested ₹ 7.7L in Tata Short Term Bond Fund Direct Growth in the last three months

Tata Short Term Bond Fund Direct Growth Overview

Expense ratio0.36%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹2908 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
129.48%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (28-Oct-24)

Period
Tata Short Term Bond Fund Direct Growth
Short Duration Index
1M
0.5%
0.3%
3M
2.1%
1.7%
6M
4.5%
3.8%
1Y
8.6%
7.6%
3Y
6.3%
5.9%
5Y
6.8%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Corporate
49.5%
Government
43.1%
Cash Equivalent
7.4%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 2.8K Cr
₹ 2.4K Cr
₹ 2.3K Cr
  • AUM of the fund stands at 2.8K Cr as of Sep'24
  • AUM increased by 395.4 Cr between Sep'24 and Aug'24
Cash allocation has gone up from 6.9% to 12.4%
Cash allocation has gone up from 6.9% to 12.4%
Debt allocation has gone down from 92.8% to 87.4%
Debt allocation has gone down from 92.8% to 87.4%

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

Sep'24
Financial Services
100%
Corporate
49%
Government
43%
Aug'24
Financial Services
100%
Corporate
51%
Government
44%
  • Debt & Cash

Holdings
Weight%
1M Change
7.10%Goi 08/04/2034
7.10%Goi 08/04/2034
12.35%
15.5%
07.32 Goi 2030
07.32 Goi 2030
7.78%
-15.6%
Export-Import Bank of India
Export-Import Bank of India
3.38%
0%
Bajaj Finance Limited
Bajaj Finance Limited
2.58%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
2.58%
0%
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Murthy Nagarajan
Murthy Nagarajan
Fund Manager of Tata Short Term Bond Fund Direct Growth, since 1 April 2017
Abhishek Sonthalia
Abhishek Sonthalia
Fund Manager of Tata Short Term Bond Fund Direct Growth, since 6 February 2020
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.77L Cr
as on 30-Sep-2024
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, Aditya Birla Sun Life Short Term Fund Direct Plan Growth has given 8.94% return, outperforming this fund by 0.3%.
Insights icon
In the last 3 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.06% return, outperforming this fund by 0.77% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.36% which is lower than the category average expense ratio of 0.71%.
Insights icon
Over the last 6 months, this fund has increased expense ratio by 9.1% moving from 0.33 to 0.36.
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Over the last 3 months, this fund has experienced a 30.7% growth in AUM moving from 2.22K Cr to 2.90K Cr.
Insights icon
In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 8.07% return, outperforming this fund by 1.3% per annum.

Tata Short Term Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.55% since inception which is more than its category average return of 5.82%
AUM size ₹2908 Cr

AUM size ₹2908 Cr

This fund has AUM of ₹2908 Cr which is less than its category average of ₹ 3861 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions for Tata Short Term Bond Fund Direct Growth

The current NAV of Tata Short Term Bond Fund Direct Growth is ₹49.98 as on 28-Oct-2024.
Existing (Absolute + CAGR) as on 28-Oct-2024.
Tata Short Term Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.5%
0.5%
6 Month Returns
4.49%
4.49%
1 Year Returns
8.64%
8.64%
3 Years Returns
20.08%
6.29%
5 Years Returns
38.72%
6.77%
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.
0.36% as on September 2024
₹2908 Cr as on September 2024
7.10%Goi 08/04/2034(12.35%), 07.32 Goi 2030(7.78%), Export-Import Bank of India(3.38%), Bajaj Finance Limited(2.58%), National Bank For Agriculture And Rural Development(2.58%) as on September 2024
Corporate(46.73%), Government(44.26%), Cash Equivalent(9.01%) as on September 2024
Yield to Maturity is 7.44 as on September 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 2.8 as on September 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Murthy Nagarajan, Abhishek Sonthalia are the fund managers of Tata Short Term Bond Fund Direct Growth
The Exit load of Tata Short Term Bond Fund Direct Growth is 0%