Tata Banking & PSU Debt Fund - Direct (IDCW)


Banking and PSU Fund
  • NAV 13.49 (0.02%)
  • Fund Size (Cr) ₹207.53
  • Expense Ratio 0.26
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹150
  • Minimum Withdrawal ₹500
  • Exit Load 0%
  • Return Since Launch 6.60%

Basic Details

Scheme Manager
Amit Somani
Bench Mark
CRISIL Banking and PSU Debt A-II Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 05-Jun-24
  • 10022.82
  • 0.23%
  • -
  • 0.25%
  • 148/178
  • 1 Month
  • 10-May-24
  • 10073.28
  • 0.73%
  • -
  • 0.72%
  • 99/178
  • 3 Month
  • 12-Mar-24
  • 10185.65
  • 1.86%
  • -
  • 1.60%
  • 9/178
  • 6 Month
  • 12-Dec-23
  • 10407.32
  • 4.07%
  • -
  • 3.93%
  • 48/178
  • 1 Year
  • 12-Jun-23
  • 10695.89
  • 6.96%
  • 6.96%
  • 6.68%
  • 45/172
  • 3 Year
  • 11-Jun-21
  • 11730.37
  • 17.30%
  • 5.46%
  • 5.22%
  • 37/168
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 10-Oct-19
  • 13485.70
  • 34.86%
  • 6.60%
  • 6.73%
  • 119/178

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 120000
  • 124430.35
  • 3.69%
  • 3.69%
  • 3 Year
  • 01-Jul-21
  • 360000
  • 395770.24
  • 9.94%
  • 3.21%
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    0.32%
  • Beta
    0.04%
  • Sharpe Ratio
    -1.32%
  • Treynor’s Ratio
    1.05%
  • Jension’s Alpha
    -1.80%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • I R F C
  • 12.12%
  • 250
  • 25.16
  • NCD
  • Debt Others
  • N A B A R D
  • 12.07%
  • 2500
  • 25.04
  • NCD
  • Debt Others
  • Power Fin.Corpn.
  • 12.07%
  • 2500
  • 25.04
  • NCD
  • Debt Others
  • S I D B I
  • 12.01%
  • 2500
  • 24.92
  • NCD
  • Debt Others
  • REC Ltd
  • 11.99%
  • 2500
  • 24.89
  • NCD
  • Debt Others
  • ONGC Petro Add.
  • 10.11%
  • 210
  • 20.98
  • NCD
  • Debt Others
  • Karnataka 2027
  • 12.24%
  • 2500000
  • 25.40
  • Govt. Securities
  • Govt. Securities
  • RAJASTHAN SDL 2025
  • 1.36%
  • 280000
  • 2.83
  • Govt. Securities
  • Govt. Securities
  • KARNATAKA 2025
  • 0.41%
  • 85000
  • 0.86
  • Govt. Securities
  • Govt. Securities
  • Tamil Nadu 2025
  • 0.2%
  • 41300
  • 0.42
  • Govt. Securities
  • Govt. Securities

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Tata Banking & PSU Debt Fund - Direct (IDCW)
  • Stars
  • 207.53
  • 0.73%
  • 1.86%
  • 4.07%
  • 6.96%
  • 5.46%
  • TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI
  • Stars
  • 229.68
  • 0.92%
  • 2.50%
  • 4.95%
  • 9.72%
  • 7.64%
  • HSBC Banking and PSU Debt Fund - Direct (IDCW-D)
  • Stars
  • 4731.55
  • 0.65%
  • 1.75%
  • 4.92%
  • 7.81%
  • 4.77%
  • ICICI Pru Banking & PSU Debt Fund - Direct (G)
  • Stars
  • 9403.8
  • 0.79%
  • 1.78%
  • 4.04%
  • 7.67%
  • 6.24%
  • ICICI Pru Banking & PSU Debt Fund-Direct (IDCW-Q)
  • Stars
  • 9403.8
  • 0.79%
  • 1.79%
  • 4.02%
  • 7.64%
  • 6.04%
  • ITI Banking and PSU Debt Fund - Direct (G)
  • Stars
  • 30.38
  • 0.82%
  • 1.62%
  • 4.29%
  • 7.45%
  • 5.95%

News

  • Tata MF Announces Income Distribution cum capital withdrawal (IDCW) under two schemes Tata Mutual Fund has announced 05 June 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option and under the Periodic IDCW Periodic-Payout/Reinvestment) of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    Tata Hybrid Equity Fund ? Regular Plan & Direct Plan: 0.35 each.

    Tata Equity Savings Fund ? Regular Plan & Direct Plan: 0.055 each.

    Powered by Capital Market - Live News

  • Tata Mutual Fund Announces merger of Tata Banking & PSU Debt Fund Merger into Tata Corporate Bond Fund Tata Mutual Fund has approved the merger of Tata Banking & PSU Debt Fund Merger into Tata Corporate Bond Fund, with effect from 15 June 2024.

    Powered by Capital Market - Live News

  • TATA MF Announces change in fund managers under its schemes TATA Mutual Fund has announced change in fund managers under the following schemes, with effect from 26 April 2024.

    Change in Fund Management Responsibilities:

    Scheme Name Fund Manager (Existing) Fund Manager (From effective date)
    Tata S&P BSE Sensex Index Fund Sonam Udasi Kapil Menon
    Tata Nifty 50 Index Fund Sonam Udasi Kapil Menon
    Tata Nifty Midcap 150 Momentum 50 Index Fund Sailesh Jain Kapil Menon
    Tata Nifty 50 Exchange Traded Fund Sailesh Jain Kapil Menon
    Tata Nifty India Digital Exchange Traded Fund Meeta Shetty Kapil Menon
    Tata Nifty Private Bank Exchange Traded Fund Sailesh Jai Kapil Menon
    Tata Gold Exchange Traded Fund Tapan Patel 1) Tapan Patel *
    2) Kapil Menon
    Tata Silver Exchange Traded Fund Tapan Patel 1) Tapan Patel *
    2) Kapil Menon

    * Lead Fund Manager

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 19-Sep-2019
  • Total AUM (Cr) ₹207.53

Tata Banking & PSU Debt Fund - Direct (IDCW) is an Banking and PSU Fund-oriented fund from the renowned AMC, Tata Mutual Fund. Launched in Sep 2019, this fund is managed by Amit Somani. With assets under management (AUM) worth ₹207.53 (Cr), as of 13-Jun-2024, Tata Banking & PSU Debt Fund - Direct (IDCW) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 6.60% since its launch.
The current NAV of Tata Banking & PSU Debt Fund - Direct (IDCW) is ₹13.49, as on 13-Jun-2024. The fund’s benchmark index is CRISIL Banking and PSU Debt A-II Index. You can invest in Tata Banking & PSU Debt Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹150 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 5.46% and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 96.76% in Debt and 3.24% in cash and cash equivalents

FAQs on Tata Banking & PSU Debt Fund - Direct (IDCW)

Tata Banking & PSU Debt Fund - Direct (IDCW) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 6.60% since inception. Looking to invest in Tata Banking & PSU Debt Fund - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Tata Banking & PSU Debt Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Tata Banking & PSU Debt Fund - Direct (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Tata Banking & PSU Debt Fund - Direct (IDCW) today and reap the benefits of this Banking and PSU Fund fund!

In the short term, i.e., 1 year, Tata Banking & PSU Debt Fund - Direct (IDCW) has generated annualised return of 6.96%. In the long-term, the fund has generated 5.46% and - in 3 and 5 years respectively. Since its inception, the fund has generated 6.60% returns.

The expense ratio of Tata Banking & PSU Debt Fund - Direct (IDCW) Direct Growth is 0.26%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Tata Banking & PSU Debt Fund - Direct (IDCW) is ₹207.53 (Cr) as of 13 June 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Tata Banking & PSU Debt Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Tata Banking & PSU Debt Fund - Direct (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Tata Banking & PSU Debt Fund - Direct (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Tata Banking & PSU Debt Fund - Direct (IDCW). Minimum lumpsum investment Tata Banking & PSU Debt Fund - Direct (IDCW) is ₹5000 and minimum SIP amount is ₹150. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Tata Banking & PSU Debt Fund - Direct (IDCW) is ₹13.49 as on 13 June 2024.

The 5 biggest stock holdings of Tata Banking & PSU Debt Fund - Direct (IDCW) are:
I R F C (12.12%), N A B A R D (12.07%), Power Fin.Corpn. (12.07%), S I D B I (12.01%), REC Ltd (11.99%)

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