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Tata Corporate Bond Fund Direct Plan Daily Dividend Reinvestment

Debt

  

Corporate Bond Fund

NAV

610.551 + 0.0585

as on (13 Dec, 2019)

RETURNS

-12.83 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.22 %

Benchmark

CRISIL Corporate Bond Index PR INR

Asset Size

55.73 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The investment objective of the scheme is to generate returns over short to medium term by investing predominantly in corporate debt instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure or guarantee any returns.

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Fund manager

Amit Somani

(since 01 May, 2014)

Exit load

N / A

Minimum sip

₹ 150

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Reliance Jio Infocomm Limited

8.46 %

Dewan Housing Finance Corporation Limited

8.36 %

Aditya Birla Finance Limited

7.81 %

Housing And Urban Development Corporation Ltd.

7.51 %

Sector Allocation

About the Scheme Type

Corporate Bond Fund

Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.

Ratings

This fund is rated 1 stars by Morning Star Ratings.

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Overview of Tata Asset Management Limited

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