Established in 1994, Tata Asset Management Private Limited (TAMPL) is part of Tata Group, one of India’s largest business houses. With a track record of 30 years in investment management, TAMPL manages investments of Tata Mutual Fund, a mutual fund registered with SEBI. Tata Sons hold 67.91% shares in the AMC, while Tata Investment Corporation Limited holds the remaining shares. As of July 31, 2024, the company had a folio base of approx. over 61,70,000 and an AUM of approx. Rs. 1,76,521.34 Cr.
Tata Mutual Fund offers around 74 mutual fund schemes to investors.
Apart from mutual funds, the AMC also offers portfolio management services and advisory services for Indian and overseas investors.
To invest in Tata Mutual Fund schemes, there is no physical documentation required. You need to upload the following KYC documents online:
Proof of Identity (PAN, Aadhaar)
Proof of Address (Aadhaar)
How to Invest in Tata Mutual Fund
Step 1: Download the Rupeezy App if you do not have an account.
Step 2: If you are a first-time user, you need to submit your KYC documents like PAN, Aadhaar, add personal details, and complete the account verification.
Step 3: Select Tata Mutual Fund and review the scheme list in each category.
Step 4: Assess the funds' performance and risk parameters.
Step 5: Select the appropriate category as per your financial goal and risk appetite.
Step 6: Compare the selected fund with other funds in its category using Smart Explore on a visual graph.
Step 7: Check fund portfolio overlap among all funds in your portfolio. Check the fund impact on your overall portfolio with the Impact Analysis feature.
Step 8: Select the fund, add lumpsum, or SIP, and set up payment with UPI or net banking.
Tata Mutual Fund FAQs
Ans: Yes, Tata Mutual Fund mutual fund schemes are considered safe investments. In India, all Asset Management Companies (AMC), including Tata Mutual Fund, are regulated by SEBI (Securities and Exchange Board of India) and AMFI (Association of Mutual Funds in India). The mutual fund industry operates under strict regulations to safeguard investors' interests. However, it's crucial for investors to conduct thorough research to ensure that the specific fund schemes align with their financial goals and risk tolerance.
Ans: Tata Mutual Fund Mutual Fund schemes are not tax free. Mutual fund capital gains are subject to capital gains tax. In the case of equity mutual funds, mutual fund units sold within a year of purchase will attract a 20% tax on profits. Gains from mutual funds held for more than a year are taxed at 12.5%. For debt funds, the debt fund units sold within three years will be taxed as per the income tax slab. For debt funds held for over three years, the tax rate is 12.5% without indexation benefits.
Here are some of the best-performing funds from Tata Mutual Fund AMC based on past 5-year returns:
Fund Name
5-Year Return (%)
Tata Overnight Fund
4.79%
Tata Ultra Short Term Fund
5.06%
Tata Liquid Fund - Rgular
5.27%
Tata Treasury Advantage Fund
5.83%
Tata Arbitrage Fund
5.42%
Ans: Yes, Tata Mutual Fund AMC is good for long-term capital appreciation. The equity schemes under the AMC have performed well over the long term and delivered returns above the category average. Visit the Rupeezy Invest App to check Tata Mutual Fund AMC fund performance.
Ans: You can log in to your Rupeezy app and view your portfolio which will show you the current value as per the prevailing NAV on the last closing business day.
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