Tata Mutual Fund

Tata Mutual Fund

Tata Asset Management Ltd. (TAML) is part of the Tata Group that manages Tata Mutual Fund. The company was established in 1994 and offers diverse investment options to investors based on their risk appetite, financial objectives, and income.

According to the company, their business is based on the 3 most significant aspects – performance, service, and trust. Its vision is to deliver a better quality of life to their investors by securing their financial future.

Tata Asset Management Ltd. currently offers hybrid funds, equity funds, and fixed income funds. The funds have received various awards over the years some of which include –

  • CNBC TV 18 Mutual Fund Awards awarded the Tata Equity P/E Fund as the Best Value/Contra Fund.
  • CNBC TV 18 Mutual Fund Awards also awarded the Tata Treasury Advantage Fund as the Best Low Duration Debt Fund.
  • Thomson Reuters Lipper India 2018 Fund Awards awarded the Tata Retirement Savings-Moderate (3 years & 5 years) in the Mixed Asset INR Aggressive category.
  • Business Today-Money Today Financial Awards awarded the Tata Balanced Fund as the Best Long-Term Balanced Fund in its category.

Tata Asset Management Ltd. is registered as a mutual fund with SEBI under the registration code MF/023/95/9. The company registered itself as a portfolio manager in 14 September 2004 with the registration code INP000001058. It also operates a Foreign Institutional Investor (FII) – Tata Asset Management (Mauritius) Private Ltd., registered with SEBI under the registration code INMUFD161207.

While Tata Sons Ltd. holds 67.91% shares in TAML, 32.09% shares are held by Tata Investment Corporation Ltd.

As of 31 March 2022, Tata Asset Management Ltd has an asset under management (AuM) of Rs. 86713.21 Crore.