Published: Friday, June 16, 2023, 7:54 [IST]
Three schemes from Tata mutual fund house are ranked 2 by premier rating agency Crisil based on their performance over the last three years. The details are shared for direct growth plans referring to Valueresearch and Crisil.
Each scheme from Tata mutual fund house considered is an equity scheme, hence the risk involved will be high and is suitable for investing over a long period.
1. Tata Large & Mid Cap Fund – Direct growth plan
Fund Objective: The Tata Large & Mid Cap Fund – Direct Growth Plan is an open-ended equity fund that aims to generate long-term capital appreciation by investing in a diversified portfolio of large-cap and mid-cap companies.
AUM: The assets under management (AUM) of the fund is Rs.4,348.35 crore.
Performance: The fund has delivered a good performance over the past few years. The 3-year returns of the fund are 28.33%, which is higher than the 25.60% returns of the S&P BSE Large Mid Cap TRI (benchmark).
Minimum investment: If investing lumpsum, the minimum investment in the fund is Rs 5,000 while for SIP investment, the minimum amount is Rs 150.
2. Tata Large Cap Fund – Direct growth plan
Fund Objective: The Tata Large Cap Fund – Direct Growth Plan is an open-ended equity fund that aims to generate long-term capital appreciation by investing in a diversified portfolio of large-cap companies.
AUM: The assets under management of the fund is Rs 1,494 crore.
Performance: The fund has delivered a good performance over the past few years. The 3-year returns of the fund are 26.10%, which is higher than the 25.50% returns of the S&P BSE 100 TRI (benchmark).
Minimum investment: If investing lumpsum, the minimum investment in the fund is Rs 5,000 while for SIP investment, the minimum amount is Rs 150.
3. Tata Small Cap Fund – Direct growth plan
Fund Objective & Strategy: The Tata Small Cap Fund – Direct Growth Plan is an open-ended equity fund that aims to generate long-term capital appreciation by investing in a diversified portfolio of small-cap companies across sectors. The fund manager uses a bottom-up approach to identify companies with strong fundamentals and growth potential.
AUM: The assets under management of the fund is Rs 4,458 crore.
Performance: The 3-year returns of the fund are 45.56%, which is higher than the 39.96% returns of the S&P BSE 250 Small Cap TRI (benchmark) and the average category returns of 42.95%. It is one of the top performers amongst its peers.
Minimum investment: If investing lumpsum, the minimum investment in the fund is Rs 5,000 while for SIP investment, the minimum amount is Rs 150.
If you are considering investing in these Tata schemes, you should do your own research and speak to a financial advisor to see if it is the right fund for you. Also, note that past performance is not a guarantee of future returns.
Disclaimer
Mutual fund investments are subject to market risk. This write-up is purely informational and doesn’t guarantee any return. Greynium Information Technologies or the author is not liable for any losses caused as a result of a decision based on this write-up.