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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹5000

AUM (Fund size)

₹208 Cr

Lock In Period

N/A

Expense Ratio

0.72

Benchmark

CRISIL Banking and PSU Debt A-II Index

Exit Load

Nil

Summary

Latest details for Tata Banking & PSU Debt Fund Growth include a ₹13.1836 NAV as of Jun 14,2024 and returns since inception of 15.65%. Minimum investments start at SIP ₹500. The Tata Banking & PSU Debt Fund Growth AUM is ₹208 Cr, with a lock-in of N/A years, expense ratio of 0.72%, and benchmark CRISIL Banking and PSU Debt A-II Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.66% returns, against a category average of 1.89% and a category best of 2.46%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.661.892.46
6M3.731.865.84
1Y6.496.219.60
3Y4.9716.6028.10

Portfolio Analysis

  • Equity:
  • Debt: 99.66%
  • Others
As on: 2024-05-31
View allocation % by

1. SDL KARNATAKA 7.82% (27/12/2027)12.24%
2. 07.80% NABARD - 15/03/202712.07%
3. 07.77% POWER FINANCE CORPORATION - 15/07/202612.07%
4. 07.59% SMALL INDUST DEVLOP BANK OF INDIA - 10/02/202612.01%
5. 07.44% REC LTD - 30/04/202611.99%
6. 08.00% ONGC PETRO-ADDITIONS LTD - 11/04/202510.11%
7. HDFC BANK LTD - 03/02/2025 - CD6.88%
8. TREPS5.30%
9. CASH / NET CURRENT ASSET2.90%
10. SDL RAJASTHAN 8.29% (29/07/2025)1.36%
11. SDL KARNATAKA 8.22% (09/12/2025)0.41%
12. SDL TAMILNADU 8.00% (28/10/2025)0.20%

1. 07.83% INDIAN RAILWAYS FINANCE CORPORATION LTD - 19/03/202712.12%

About Fund

Tata Banking & PSU Debt Fund Growth managed by Tata Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹208 Crore. The fund benchmarks its performance against the CRISIL Banking and PSU Debt A-II Index while maintaining an expense ratio of 0.72. Under the expert guidance of Amit Somani ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Amit Somani

Mr. Amit Somani B.Com., PGDBM and CFA. He has over 10 years of experience. Before joining tata, he was working as February 2001 to May 2003 with Khandwala Securities as debt market dealer, Jun 2003 to July 2004 with SPA Capital as debt market dealer, July 2004 to August 2006 with Netscribes Pvt. Ltd as Research analyst, September 2006 - April 2010 with Fidelity Investments as Research Associate, Jun 2010 - Aug 2012 with Tata Asset Management Ltd. as a Credit Analyst reporting to Head of Fixed Income, Sep 2012 - till date with Tata Asset Management Ltd. as a Credit analyst & Fund Manager reporting to Head of Fixed Income.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundSundaram Banking & PSU Fund - Retail Plan Growth0330.47 CR0.41
This FundTata Banking & PSU Debt Fund Growth1207.53 CR0.72
This FundFranklin India Banking & PSU Debt Fund Growth4473.03 CR0.47
This FundICICI Prudential Banking and PSU Debt Fund Growth59109.42 CR0.73
Fund Name1Y3Y
This FundSundaram Banking & PSU Fund - Retail Plan Growth6.890815.5791
This FundTata Banking & PSU Debt Fund Growth6.487715.6497
This FundFranklin India Banking & PSU Debt Fund Growth6.225123.1001
This FundICICI Prudential Banking and PSU Debt Fund Growth5.420423.2734

FAQs

Tata Banking & PSU Debt Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Tata Banking & PSU Debt Fund Growth is 0.72. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Tata Banking & PSU Debt Fund Growth’s fund performance is as follows:
  • 1 Month : 0.66%
  • 6 Months : 3.73%
  • 1 Year : 6.49%
  • 3 Years : 4.97%
Returns of Tata Banking & PSU Debt Fund Growth are updated daily based on NAV of ₹ 13.1836 as on Jun 14,2024. Since inception, the return has been 15.65%.

You can invest in Tata Banking & PSU Debt Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Tata Banking & PSU Debt Fund Growth is ₹208 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Tata Banking & PSU Debt Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500