We always hear this annoying announcement, Mutual fund investments are subject to market risks. Please read the offer documents carefully before investing in the advertisements. But, what do such disclaimers actually mean? Well, their meaning is quite obvious and though annoying, they are the fundamental principles of investments in mutual funds. When your money is stationed in any scheme, it gets open to the market risks and if something goes wrong, you may have to bade goodbye to your dear money. However, fund houses like TATA Mutual Fund have emerged to gauge the public wealth against such uncertainties and reward them well for the risk that they take by investing. Let’s find out more about this AMC.
TATA Mutual Fund The Origin
With its establishment dating way back to 15th March 1994, Tata Mutual Fund is among the oldest and most trusted brands in India with its network stretching to overseas lands. It currently ranks on the 12th position in the list of the largest fund houses in terms of asset size and is moving with full force to create a position in the list of the top 10 AMCs in the nation.
One-Stop Solutions to All Your Problems:
� Retirement Savings Fund: Retirement planning is one of the most important concerns of the future. Thus, you can head on with your retirement planning with TATA MF and lead stress-free life.
� Young Citizen’s Fund: We, as a parent, consider the future of our children before ours. Thus, you can give yourself a head start in planning your child’s future by investing in schemes of TATA Mutual Fund.
� Systematic Investment Plan: Through the TATA SIP Planner, you can start investing in mutual funds every month systematically. Invest as much as you can, or as little as Rs 500.
TATA Mutual Fund has been shaping the financial market by introducing seamless products that have constantly beat the benchmark and have always set the bar higher. A couple of such schemes are discussed below:
� TATA India Tax Saving Fund (G): It is an open-ended ELSS scheme that has been labelled as one of the best tax-saving mutual fund schemes by CRISIL. With its NAV standing at Rs. 17.67 as on 1st December 2017, and asset under management worth Rs. 803.15 crore, it has been successful in yielding lucrative returns soaring up to 37.03% and 17.64% in a 1 yr and 3 yr plan, respectively.
� TATA Equity P/E Fund (G): It is rare that a fund gets recommended by the experts and earns the highest ranking of CRISIL. But, this fund has earned them both. A star performer in the diversified equity category, the NAV of this scheme stood at Rs. 133.48 as on 1st December 2017, with assets under its watch to the tune of Rs. 464.59 crore. The return stream has also been quite impressive tuning up to 31.54% and 16.08% in a 1 yr and 3 yr investment period.
Thus, TATA Mutual Fund holds a flawless record of delivering indelible performances through different market scenarios. The fund sailed smoothly even through the most hostile market conditions and successfully provided lucrative returns overtime.