Tata Mutual Fund – Latest Mutual Funds Schemes, Performance

• 21 July 2020 | 1543 Views | By Mansi Jain

To give a sensible storage to your growing money or to provide a way for you to plant your money in the right area so that you can use them in a better way as well as according to your needs and usage; we provide you a way which is “Mutual funds”.

How do I find the best mutual funds?

As technical it might sound it is the best way you can invest your money to treat yourself for a hassle-free economic mental condition. Well, one can think of it as a constitutional way of putting your money in some sort of account but instead, it is a sober way of putting your money in a safe which is convenient for you. Mutual funds have a history from the 1890s and since then they are providing various small investors an opportunity to diversify. There is one such sort of mutual fund which is known as “Tata Mutual Fund”.

With an experience of over 24 years ‘Tata Mutual Fund’ has been working with the zenith of excellence to provide the ultimate experience to their investors and by far succeeding in it completely. They offer a range of investment solutions for financial planning and wealth creations and manage funds across the entire risk bandwidth. According to the company, the business is based on consistency, flexibility, stability, and services often defined by the fund managers as tenets of performance of the fund.

Every investor has a reason to invest depending upon their needs. Various types of mutual fund categories are designed in order to cater and cradle the requirements of an investor. This allows investors to choose a scheme based on different criteria such as the risks they are willing to take, the investable amount, their goals, the investment term, etc. The Tata Mutual Funds provides you with a versatile range of mutual funds you can choose depending on the type of investment you are looking for i.e., short term or long-term investment.

Which is the best Tata Mutual Fund?

Tata Asset Management Ltd. currently offers a wide range of funds which include hybrid funds, equity funds, and fixed income funds. Also, the Tata Retirement Savings fund is a new addition to the funds offered by the Tata group. 

Let us take a look at some of the top-performing Tata Mutual Funds. 

As on March 31, 2019, Tata Asset Management Ltd. offers 202 schemes and has an asset under management (AUM) of 54,193 crores. 

Invest or not: Is Tata Mutual Fund good?

If you are reading this with an investor perspective, then the main thing you are looking for is the benefits of investing in Tata Mutual Funds. Some of the best features of Tata Mutual Funds are that it provides investors with flexibility, stability, consistency, leadership & trust and services. Let us discuss these in detail: –

Flexibility

It gives investors an option to choose from a wide range of investment options across various asset classes. They can be availed for varying amounts and for short-term or long-term depending on the investor’s needs. 

Stability

Tata Mutual Funds is a well-established fund with 67.91% shares held By Tata Sons Ltd. and 32.09% shares held by Tata Investment Corporation Ltd. It also provides investors with premium quality services along with returns over a period of time. 

Consistency

Over a period of time, the fund has consistently followed its value investment strategy and has generated consistent results.

Leadership & trust

As you all know that Tata Group is known for its ethical values in the market which has helped the fund to be recognized as a trusted leader. 

Services

The fund provides a wide range of services to its customers depending on their requirements. It also provides a quality service with a complete focus on product offerings, which is in line with the requirements and appetite of each investor.

As we discussed the benefits of investing in the funds, the next question which makes us scratch our brain is in which scheme to invest? This mainly depends on the investor’s needs and the willingness to take risks. If an investor is willing to take high risk then Equities is a good option, while debt funds are a favorable option for investors who are risk-averse. Investors who prefer to invest in a combination of equity and debt can go for hybrid funds. The Tata Mutual Funds also offers its investors with the solution-based plans like child savings plan and retirement- savings plans, to meet specific client requirements.

Tata Mutual Funds provide the investors with a number of benefits but some of the financial planners and advisors suggest the investors to wait till the management of the fund stabilizes. There has been a frequent churn in the top management as well as fund management of Tata Mutual Fund which is a cause of worry for the investors. As the investor is putting its trust and money in the hands of the fund management an investor should look out for stable fund management before investing in it. 

Covid-19: the new normal?

As we are witnessing the world is struggling with pandemic caused by the coronavirus, we can also witness its effects clearly in some industries. During this time Tata Mutual Funds also faced a diverse effect, but still, the return interest rates of most of their schemes are on the profit side. This is because the fund managers have invested the money of investors in a diversified portfolio rather than investing in one security and are thus able to keep the investors’ money safe and secure. The fund Manager Rahul Singh also assured investors that the fund will bounce back in the rest of the sectors and we will soon see the market flying high. 

Find out Why do Investors Lose Money In Mutual Funds?

As per the Fund Manager Sonam Udasi of Tata Mutual Fund, you should continue with your plans and investments. The Tata Mutual Fund has a great track record. The fund is planning to focus on domestic companies as they will be playing a major role in India’s growth story and hopefully Tata Mutual Fund will create more wealth for their investors.

Being in a world where everything is falling apart, you may be stuck between a decision whether to invest or not. The one advice which we would like to give is that you should always invest even if it is a small amount, but it has to be frequent. Whether you are investing for retirement or for your child’s future you should be disciplined while investing.