Tata Mutual Fund Review
Launched by one of the most trusted brands of India, the Tata Mutual Fund is regarded as a reliable form of investment and among top 10 mutual funds that has managed to win the hearts of several investors because of its best in class services and consistent performance. There are over 21,963,000 crores managed by the AMU of this venture per month. Amazing thing about this mutual fund is that it has something in store for everyone, whether you are a businessmen working to sort out your finances, a salaried employee, retired worker or even a housewife, you are always going to find a type of investment option that would match up to your requirements, and at the same time offer the returns that you are looking for.
Taking an account of the challenges faced by the investor, these funds come up with operational flexibility, which would allow the investors to manage their funds in a perfect manner.
Out of the total sum of capital that is managed by the Tata Group’s Mutual Fund two-thirds of the equity are in trusts that hosts numerous institutions such as medical care, energy, natural sciences, education, arts and many more. Hence, the trusts of Tata Mutual Fund provides the endowment to the professionals in area of research, social uplift, and healthcare.
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Different Types of Tata Mutual Fund
The Tata group offers 496 schemes under its mutual funds program, as on 15th of December, 2015. The funds are divided into various types depending upon the resource on which you are investing, and they are
The solution based mutual funds can be considered as a basic approach towards fruitful financial planning. This can be for wedding, education, purchase of property, starting your business and even retirement plan. The solution based funds are further classified into Child Savings Plan and Retirement Solution.
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With child saving plan parents can secure the future of their child for the essentialities of their life such as education and marriage. This plan is better known as the Tata Young Citizen Plan that ensures that you can satisfy the desires of your child to study abroad or let them having the dream wedding that they always wanted to have. It is an open-end based scheme that stands appropriate for child aged from 3 months to 18 years.
Next is the retirement solution that covers the Tata Retirement Saving Fund. This saving fund is offered in three schemes which are Progressive- Higher risk, Conservative Plan- Medium Risk, Moderate Plan- Higher Risk. Therefore, these schemes are properly structured to match up to the age and risk demands of the investors.
It is one of the potent Tata Mutual Fund that incorporates liquidity, income, short term schemes, dynamic bonds, income and gilt.
There are many advantages of debt based mutual funds, such as
- They are tax efficient and thus is an ideal option for investors who are in the heed of capital appreciation.
- Offers wide range of short term funds with minimal risk allowing the investors to make the most of it
- Offers accrual returns to investors who want to go with those markets whose value would be more predictable.
The equity based funds by Tata Mutual Fund is yet another interesting form of investment that comprises of 4 forms of investment and they are Tata Equity Opportunities Funds, Tata Ethical Funds, Tata Dividend Yield Funds and Tata Equity P/E Funds. These diversified funds offer large cap, mid cap investment opportunities and are designed for both large scale and small scale businesses. Every scheme is associated with ELSS ensuring optimal tax saving benefits.
This is a different style of investment option that helps the investor for investing on both debts and equity at once. Hence, it is categorized into two types which are
Equity Oriented: In every investment, 65% of the value is made on the equity instruments and the rest is based on debt. So, this is designed for those investors who are ready to handle moderate risk. The Tata Balanced Fund is ideal for this type of investment program, allowing investors to have a balance of equity and debt in a single fund.
Debit Oriented: Here, the debt based instruments tend to dominate the funds and thus are best for those who want to deal with little or no risks.