Tata Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (17-May-24)
₹4409.620.02%1D
Returns (Since Inception)
6.65%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹17,288 Cr
Expense Ratio
0.15%
ISIN
INF277K01PR6
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Tata Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 11 years, 4 months and 19 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹4409.62, Assets Under Management (AUM) of 17287.51 Crores, and an expense ratio of 0.15%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹4409.62, Assets Under Management (AUM) of 17287.51 Crores, and an expense ratio of 0.15%.
- Tata Money Market Fund Direct Growth has given a CAGR return of 6.65% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 38.38% in debts, and 61.39% in cash & cash equivalents.
- You can start investing in Tata Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.77%
+5.95% (Cat Avg.)
3 Years
+6.11%
+5.23% (Cat Avg.)
5 Years
+6.26%
+5.24% (Cat Avg.)
10 Years
+6.28%
+5.67% (Cat Avg.)
Since Inception
+6.65%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹6,634.93 Cr | 38.38% |
| Others | ₹10,652.59 Cr | 61.62% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Punjab National Bank | Bond - Gov't Agency Debt | ₹780.54 Cr | 4.52% |
| India (Republic of) | Bond - Short-term Government Bills | ₹692.17 Cr | 4.00% |
| LIC Housing Finance Ltd. | Bond - Corporate Bond | ₹657.42 Cr | 3.80% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹585.01 Cr | 3.38% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹567 Cr | 3.28% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹518.18 Cr | 3.00% |
| Net Current Liabilities | Cash - Collateral | ₹-516.56 Cr | 2.99% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹495.85 Cr | 2.87% |
| Icici Securities Limited | Cash - Commercial Paper | ₹472.23 Cr | 2.73% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹469.63 Cr | 2.72% |
| Punjab & Sind Bank | Bond - Corporate Bond | ₹468.4 Cr | 2.71% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹450.86 Cr | 2.61% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹450.42 Cr | 2.61% |
| National Bank for Agriculture and Rural Development | Cash - CD/Time Deposit | ₹446.71 Cr | 2.58% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹446.09 Cr | 2.58% |
| India (Republic of) | Bond - Short-term Government Bills | ₹394.11 Cr | 2.28% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹378.48 Cr | 2.19% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹376.04 Cr | 2.18% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹355.79 Cr | 2.06% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹355.72 Cr | 2.06% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹339.89 Cr | 1.97% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹329.27 Cr | 1.90% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹327.57 Cr | 1.89% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹305.35 Cr | 1.77% |
| India (Republic of) | Bond - Short-term Government Bills | ₹302.62 Cr | 1.75% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹285.83 Cr | 1.65% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹281.04 Cr | 1.63% |
| Barclays Investments & Loans (India) Private Limited | Cash - Commercial Paper | ₹280.62 Cr | 1.62% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹275.85 Cr | 1.60% |
| Icici Securities Limited | Cash - Commercial Paper | ₹235.82 Cr | 1.36% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹235.5 Cr | 1.36% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹235.23 Cr | 1.36% |
| IIFL Home Finance Limited | Cash - Commercial Paper | ₹234.51 Cr | 1.36% |
| 182 DTB 29082024 | Bond - Gov't/Treasury | ₹215.04 Cr | 1.24% |
| Canara Bank | Cash - CD/Time Deposit | ₹213.3 Cr | 1.23% |
| India (Republic of) | Bond - Short-term Government Bills | ₹213.15 Cr | 1.23% |
| Bank of Baroda | Bond - Corporate Bond | ₹211.89 Cr | 1.23% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹194.48 Cr | 1.12% |
| Tata Teleservices Ltd | Bond - Corporate Bond | ₹188 Cr | 1.09% |
| Axis Securities Limited | Cash - Commercial Paper | ₹187.49 Cr | 1.08% |
| Motilal Oswal Finvest Limited | Cash - Commercial Paper | ₹187.17 Cr | 1.08% |
| India (Republic of) | Bond - Short-term Government Bills | ₹159.82 Cr | 0.92% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹145.68 Cr | 0.84% |
| 182 DTB 20062024 | Bond - Gov't/Treasury | ₹143.63 Cr | 0.83% |
| Deutsche Investments India Private Limited | Cash - Commercial Paper | ₹141.22 Cr | 0.82% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹140.72 Cr | 0.81% |
| Tata Teleservices Ltd | Bond - Corporate Bond | ₹134.1 Cr | 0.78% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹127.62 Cr | 0.74% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹124.37 Cr | 0.72% |
| 08.14 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹120.75 Cr | 0.70% |
| Nuvama Wealth and Investment Ltd. | Cash - Commercial Paper | ₹119.34 Cr | 0.69% |
| Nuvama Wealth Finance Limited | Cash - Commercial Paper | ₹118.49 Cr | 0.69% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹117.34 Cr | 0.68% |
| 182 DTB 27062024 | Bond - Gov't/Treasury | ₹98.93 Cr | 0.57% |
| 182 DTB 26102024 | Bond - Gov't/Treasury | ₹98.27 Cr | 0.57% |
| 364 DTB 05122024 | Bond - Gov't/Treasury | ₹95.98 Cr | 0.56% |
| Tata Teleservices Ltd | Cash - Commercial Paper | ₹95.78 Cr | 0.55% |
| Barclays Investments & Loans (India) Limited | Cash - Commercial Paper | ₹95.01 Cr | 0.55% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹94.78 Cr | 0.55% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹94.26 Cr | 0.55% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹94.08 Cr | 0.54% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹93.89 Cr | 0.54% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹93.82 Cr | 0.54% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹93.72 Cr | 0.54% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹93.47 Cr | 0.54% |
| Deutsche Investments India Private Limited | Cash - Commercial Paper | ₹71.6 Cr | 0.41% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹63.26 Cr | 0.37% |
| 08.13 MH Sdl 2025 | Bond - Gov't/Treasury | ₹50.31 Cr | 0.29% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹47.38 Cr | 0.27% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹47.22 Cr | 0.27% |
| Tmf Holdings Limited | Cash - Commercial Paper | ₹46.79 Cr | 0.27% |
| SBIMF AIF - CAT II (CDMDF)27/10/2038 | Mutual Fund - Open End | ₹40.17 Cr | 0.23% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹23.63 Cr | 0.14% |
| 08.99 MH Sdl 2024 | Bond - Gov't/Treasury | ₹16.39 Cr | 0.09% |
| 09.01 MH Sdl 2024 | Bond - Gov't/Treasury | ₹10.06 Cr | 0.06% |
| 08.83 MH Sdl 2024 | Bond - Gov't/Treasury | ₹5.01 Cr | 0.03% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.85 Cr | 0.03% |
| (C) Treps | Cash - Repurchase Agreement | ₹2.07 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹6,224.77 Cr | 36.01% |
| Cash - Commercial Paper | ₹4,638.19 Cr | 26.83% |
| Bond - Corporate Bond | ₹3,169.68 Cr | 18.34% |
| Bond - Short-term Government Bills | ₹1,766.73 Cr | 10.22% |
| Bond - Gov't Agency Debt | ₹1,108.12 Cr | 6.41% |
| Bond - Gov't/Treasury | ₹854.36 Cr | 4.94% |
| Cash - Collateral | ₹-516.56 Cr | 2.99% |
| Mutual Fund - Open End | ₹40.17 Cr | 0.23% |
| Cash - Repurchase Agreement | ₹2.07 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
0.58%
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
1.48
Cat. avg.
-0.30
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.08
Higher the better
Fund Managers
Amit Somani
Since October 2013
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF277K01PR6 | Expense Ratio | 0.15% | Exit Load | No Charges | Fund Size | ₹17,288 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Money Market B-I TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹485.28 Cr | 6.6% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹168.68 Cr | 7.1% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹168.68 Cr | 6.3% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹96.02 Cr | 7.2% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹96.02 Cr | 7.0% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹20.44 Cr | 6.9% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹20.44 Cr | 6.5% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹17287.51 Cr | 7.5% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1511.50 Cr | 7.4% |
| HDFC Money Market Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹21260.52 Cr | 7.4% |
About the AMC
Total AUM
₹1,43,432 Cr
Address
Mafatlal Centre, 9th Floor, Mumbai, 400 021
Other Funds by Tata Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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We're here to help.
What is the current NAV of Tata Money Market Fund Direct Growth?
The NAV of Tata Money Market Fund Direct Growth, as of 17-May-2024, is ₹4409.62.
What are the returns of Tata Money Market Fund Direct Growth?
The fund has generated 7.77% over the last 1 year and 6.11% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Tata Money Market Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 38.38% in bonds, and 61.39% in cash and cash equivalents.
Who manages the Tata Money Market Fund Direct Growth?
The fund managers responsible for Tata Money Market Fund Direct Growth are:-
- Amit Somani
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.