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INDEX MARKET OUTLOOK Equity
7
Debt
8
EQUITY Tata Large Cap Fund (Erstwhile known as Tata Pure Equity Fund; renamed w.e.f February 29, 2016)
9
Tata Equity Opportunities Fund
10
Tata Ethical Fund
11
Tata Equity P/E Fund
12
Tata Mid Cap Growth Fund
13
Tata Dividend Yield Fund
14
Tata India Tax Savings Fund (Erstwhile known as Tata Long Term Equity Fund; renamed w.e.f December 21, 2015)
15
Tata Banking & Financial Services Fund
16
Tata Digital India Fund
17
Tata India Consumer Fund
17
Tata India Pharma & Healthcare Fund
18
Tata Resources & Energy Fund
18
Tata Infrastructure Fund
19
HYBRID Tata Balanced Fund
20
Tata Regular Savings Equity Fund
21
DEBT Tata Dynamic Bond Fund
22
Tata Income Plus Fund
23
Tata Income Fund
24
Tata Short Term Bond Fund
25
Tata Treasury Manager Fund
26
Tata Floater Fund
27
LIQUID Tata Money Market Fund
28
Tata Liquid Fund
29
GILT Tata Gilt Securities Fund
30
Tata Gilt Mid Term Fund
31
Tata Gilt Short Maturity Fund
32
SOLUTIONS Tata Retirement Savings Fund - Progressive
33
Tata Retirement Savings Fund - Moderate
34
Tata Retirement Savings Fund - Conservative
35
Tata Young Citizens’ Fund
36
SCHEMES PERFORMANCE
37 - 46
COMPARATIVE PERFORMANCE OF ALL TATA FMP SCHEMES
47 - 49
DIVIDEND / BONUS HISTORY
50 - 52
HOW TO READ FACT SHEET
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53
TATA MUTUAL FUND
2
RISKOMETER Name of the Schemes
Investment Objective: Regular Fixed Income for Short Term.
Tata Liquid Fund
Investment in Debt/Money Market instruments/Government Securities.
Tata Money Market Fund
Investment in Money Market instruments.
Name of the Schemes
Investment Objective: Regular Fixed Income for Short Term.
Tata Floater Fund
Investment in Debt/Money Market instruments/Government Securities.
Tata Treasury Manager Fund
Investment in Debt/Money Market instruments excluding Government Securities.
Tata Short Term Bond Fund
Investment Objective: Regular Fixed Income for Short Term.
Riskometer
Riskometer
Investment in Debt/Money market instruments /Government Securities. Name of the Schemes
Investment Objective: Generate Income and/or Capital Appreciation for a Fixed Term
Tata Fixed Maturity Plan - Series 43 - Scheme B Tata Fixed Maturity Plan - Series 45 - Scheme D Tata Fixed Maturity Plan - Series 45 - Scheme E Tata Fixed Maturity Plan - Series 46 - Scheme C Tata Fixed Maturity Plan - Series 46 - Scheme E Tata Fixed Maturity Plan - Series 46 - Scheme H Tata Fixed Maturity Plan - Series 46 - Scheme I Tata Fixed Maturity Plan - Series 46 - Scheme L
The investment objective of a scheme is to generate income and / or capital appreciation by investing in wide range of Fixed Income Instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the
Tata Fixed Maturity Plan - Series 46 - Scheme O
maturity of the scheme.
Tata Fixed Maturity Plan - Series 46 - Scheme P Tata Fixed Maturity Plan - Series 46 - Scheme S Tata Fixed Maturity Plan - Series 47 - Scheme A Tata Fixed Maturity Plan - Series 47 - Scheme I Tata Fixed Maturity Plan - Series 47 - Scheme M Tata Fixed Maturity Plan - Series 47 - Scheme N
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TATA MUTUAL FUND
3
RISKOMETER Name of the Schemes
Investment Objective: Regular Fixed Income for Short Term.
Tata Dynamic Bond Fund
Investment Objective: Short Term to Medium Capital Appreciation & Regular Income.
Riskometer
Investment in Debt/Money Market instruments/Government securities. Tata Gilt Mid Term Fund
Investment Objective: Medium Term Capital Appreciation. Investment predominantly in Government Securities (upto 15 years maturity).
Tata Gilt Securities Fund
Investment Objective: Long Term Capital Appreciation & Regular Income. Investment predominantly in Government Securities.
Tata Gilt Securities Short Maturity
Investment Objective: Short Term to Medium Capital Appreciation & Regular Income.
Fund
Investment predominantly in Government Securities (average maturity upto 6 years).
Tata Income Fund
Investment Objective: Long Term Capital Appreciation & Regular Income. Investment in Debt/Money Market instruments/Government Securities.
Tata Income Plus Fund
Investment Objective: Long Term Capital Appreciation & Regular Income. Investment in Debt/Money Market instruments/Government Securities.
Name of the Schemes
Investment Objective: Generate Income and/or Capital Appreciation for a Fixed Term
Tata Fixed Maturity Plan - Series 44 - Scheme B Tata Fixed Maturity Plan - Series 44 - Scheme D Tata Fixed Maturity Plan - Series 45 - Scheme A Tata Fixed Maturity Plan - Series 45 - Scheme C Tata Fixed Maturity Plan - Series 46 - Scheme A Tata Fixed Maturity Plan - Series 46 - Scheme B Tata Fixed Maturity Plan - Series 46 - Scheme D Tata Fixed Maturity Plan - Series 46 - Scheme K Tata Fixed Maturity Plan - Series 46 - Scheme M
The investment objective of a scheme is to generate income and / or capital appreciation
Tata Fixed Maturity Plan - Series 46 - Scheme N
by investing in wide range of Fixed Income Instruments having maturity in line with the
Tata Fixed Maturity Plan - Series 46 - Scheme Q
maturity of the scheme. The maturity of all investments shall be equal to or less than the
Tata Fixed Maturity Plan - Series 46 - Scheme R
maturity of the scheme.
Tata Fixed Maturity Plan - Series 46 - Scheme T Tata Fixed Maturity Plan - Series 47 - Scheme C Tata Fixed Maturity Plan - Series 47 - Scheme D Tata Fixed Maturity Plan - Series 47 - Scheme E Tata Fixed Maturity Plan - Series 47 - Scheme F Plan A Tata Fixed Maturity Plan - Series 47 - Scheme H Tata Fixed Maturity Plan - Series 47 - Scheme J
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TATA MUTUAL FUND
4
RISKOMETER Name of the Schemes
Investment Objective: Long Term Capital Appreciation
Tata Balanced Fund
Investment predominantly in equity & equity related instruments and some portion
Riskometer
(between 25% to 35%) in fixed income instruments. Tata Dividend Yield Fund
Investment (minimum 70%) in equity & equity related instruments/stocks having dividend yield higher than dividend yield of stocks of BSE SENSEX.
Tata Equity Opportunities Fund
Investment in equity and equity related instruments of well researched value and growth oriented companies across all market capitalization.
Tata Equity P/E Fund
Investment (minimum 70%) in equity & equity related instruments of companies whose rolling P/E is lower than rolling P/E of BSE Sensex.
Tata Ethical Fund
Investment in equity and equity related instruments of Shariah Principles compliant companies and in other instruments allowed under Shariah principles.
Tata Mid Cap Growth Fund
Investment predominantly in equity & equity related instruments of growth oriented mid cap companies.
Tata Large Cap Fund
Investment predominantly in equity & equity securities related securities of large cap companies.
(Erstwhile known as Tata Pure Equity Fund; renamed w.e.f February 29, 2016)
Tata Retirement Savings Fund - Moderate Plan
A predominantly equity oriented savings scheme which provides tool for retirement planning to individual investors.
Tata Regular Savings Equity Fund
Predominantly investing in equity and equity related instruments, equity arbitrage opportunities and debt and money market instruments.
Tata Retirement Savings Fund - Progresive Plan
A predominantly equity oriented savings scheme which provides tool for retirement planning to individual investors.
Tata India Tax Savings Fund
An equity linked savings scheme (ELSS) Investing predominantly in Equity & Equity related instruments.
(Erstwhile known as Tata Long Term Equity Fund; renamed w.e.f December 21, 2015)
Tata Young Citizens Fund
Investment Objective: Long Term Capital Appreciation & Current Income. Investment in equity & equity related instruments and in fixed income instruments.
Tata Retirement Savings Fund - Conservative Plan
Investment Objective: Long Term Capital Appreciation & Current Income. A predominantly debt oriented savings scheme which provides tool for retirement planning to individual investors.
Name of the Schemes Tata Dual Advantage Fund - Scheme B Tata Dual Advantage Fund - Scheme C
Tata Dual Advantage Fund - Series 2 - Scheme A Tata Dual Advantage Fund - Series 2 - Scheme B Tata Dual Advantage Fund - Series 2 - Scheme C
Investment objective: Capital appreciation and current income by investing predominantly in fixed income instruments and some portions in equity/equity related instruments Generate income and / or capital appreciation by investing predominantly in portfolio of fixed income instruments having maturity on or before the date of the maturity of the scheme. The scheme will invest small portion (upto 30%) of the scheme assets in equity/equity related instrument including derivative instruments.
Generate income and / or capital appreciation by investing predominantly in portfolio of fixed income instruments having maturity on or before the date of the maturity of the scheme. The scheme will invest small portion of the scheme assets in equity/equity related instrument including derivative instruments.
Tata Dual Advantage Fund - Series 3 - Scheme A
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TATA MUTUAL FUND
5
RISKOMETER Name of the Schemes
Investment Objective: Long Term Capital Appreciation.
Tata Banking & Financial Services Fund
Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.
Tata India Consumer Fund
Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Consumption Oriented sectors in India.
Tata Digital India Fund
Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Information Technology sector in India.
Tata India Pharma & Healthcare Fund
Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Pharma & Healthcare sectors in India.
Tata Resources & Energy Fund
Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Resources & Energy sectors in India.
Tata Infrastructure Fund
Investment Predominantly in equity / equity related instruments of the companies in the Infrastructure sector in India.
Name of the Schemes
Investment objective: Long term capital appreciation by investing in equity/equity related instruments of companies in the infrastructure sector in India
Tata Infrastructure Tax Saving Fund
Generate medium to long term capital gain by investing predominantly in equity / equity related instruments of the companies in infrastructure and infrastructure related sectors along with the income tax benefit to its unitholders.
Riskometer
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
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TATA MUTUAL FUND
6
MARKET OUTLOOK Equity market The Indian equity markets closed lower in the month of September 2016, as both Sensex and Nifty returned ~-2.1% and ~-2.0% respectively. The broader market outperformed the Sensex, as reflected by the performance of the BSE Midcap and BSE 200 index at -0.4% and -1.3% respectively. In terms of sectors; Oil & Gas, Auto, Consumer Durable and Healthcare were outperformers whilst Power, FMCG and Capital Goods were the major underperformers. FIIs continued to be buyers in September, with net inflows to the tune of ~USD 1.56 bn. Consequently, FIIs net inflows CYTD amounts to ~USD 7.7 bn. Domestic MFs were also buyers with a buying of ~USD 575 mn. in September. Index Name
30-Sep-16
As on 31-Aug-16
30-Sep-15
1 Month
1 Year
8611 27866 13167 12781 3720 22232 22046 12549 14582 8461 16181 10229 9764 11378 1990 1512
8786 28452 13217 12649 3769 22008 22657 12485 15212 8822 16162 10439 9940 11073 2098 1542
7949 26155 10799 11021 3352 17391 19682 10810 15111 7752 17779 11578 6834 8695 1842 1397
-2.0 -2.1 -0.4 1.0 -1.3 1.0 -2.7 0.5 -4.1 -4.1 0.1 -2.0 -1.8 2.8 -5.2 -1.9
8.3 6.5 21.9 16.0 11.0 27.8 12.0 16.1 -3.5 9.2 -9.0 -11.6 42.9 30.9 8.0 8.3
Nifty 50 Index S&P BSE Sensex S&P BSE MID CAP S&P BSE SMALL CAP S&P BSE 200 S&P BSE AUTO S&P BSE Bankex S&P BSE Consumer Durable S&P BSE Capital Good S&P BSE FMCG S&P BSE Health Care S&P BSE IT S&P BSE METAL S&P BSE Oil & Gas S&P BSE Power Index S&P BSE Realty
Return in %
The Macro picture August-16 WPI CPI Index of Industrial Production Repo rate Marginal Standing Facility Rate
3.7% 5.0% -2.4% (For July 2016) 6.25% (as on October 05, 2016)* 6.75% (as on October 05, 2016)*
July-16 3.5% 6.1% 2.0% (For June 2016) 6.50% (as on August 31, 2016) 7.00% (as on August 31, 2016)
Source: RBI, MOSPI; *policy rates were revised downwards by 25bps by RBI on October 04, 2016
Growth: The Index of Industrial Production (IIP) contracted by 2.4% YoY in July 2016, as compared to the 2.0% growth in June. The sharp 29.6% contraction in capital goods and the mild 1.7% de-growth in output of consumer non-durables weighed upon the performance of the IIP in July 2016. Inflation: CPI inflation eased to a five-month low 5.0% YoY in August 2016 from 6.1% YoY in July 2016. There was softening in the inflation for food and beverages, as well as a mild easing in fuel & light and housing. Core-CPI inflation inched up to 4.7% in August 2016 from 4.6% in July 2016. WPI inflation rose to 3.7% YoY in August 2016 from 3.5% in July 2016, with an adverse base effect outweighing the cooling effect of lower food inflation. Monsoon: Rainfall remained lower with the cumulative rainfall deficit now at ~3% as on end September. For the month of September, rainfall was 2% below normal. On a regional cumulative basis, most of India remained in normal to excess rainfall with parts of north-east India, south India, and north India remaining deficient. Kharif crop acreage at 106.8 mn hectares was higher at 3.6% YoY. Sowing for pulses was 29% higher than the previous year, which should keep pulses inflation under control. Other macro developments: Fiscal deficit at the end of August stood at 76% of the budgeted annual deficit. Last fiscal the corresponding number was 67%. August trade deficit was largely unchanged at USD 7.6bn. Indian exports declined a marginal 0.3% YoY, while imports declined 14% YoY. Gold imports declined a significant 77% YoY. The government recently concluded its income declaration scheme, a step directed towards curbing tax avoidance and brining defaulters into the tax system. The scheme was successful in garnering total declarations in the form of cash and other assets amounting to INR652.5bn (USD9.8bn, or 0.4% of GDP), which was more than market expectations. At a 45% tax rate, the government will earn INR294bn (0.2% of GDP) in additional revenues. Market Outlook: Global liquidity continues to be a dominant factor for emerging market performance including India. We believe, the medium to long-term performance of the market would be primarily governed by recovery in earnings growth. With near normal monsoon, rural consumption is expected to recover. Further, as the benefits of lower inflation and interest rates flow through the economy, discretionary consumption is expected to pick up. In this regard, the upcoming festive season will be an important indicator. On the investments side, recovery in private sector capex still appears to be some time away whilst government capex seems to be picking up. Considering improving outlook for earnings growth, strong macro position and presence of long-term structural drivers like demographic advantage, low household debt, and urbanization, the medium term outlook for Indian equity markets continue to remain positive. In the near term, reversal of FII flows on account of a global risk off event and higher than long term average valuations may pose a risk of price correction, however, it is important to note that India is much better placed to handle such an event on account of healthy macro-economic parameters. We would urge investors to systematically invest in Indian equity markets and use any phase of volatility to their advantage.
Disclaimer: The views expressed are in no way trying to predict the markets or to time them. The views expressed are for information purpose only and do not construe to be any investment, legal or taxation advice. Please consult your Financial/Investment Adviser before investing. The views expressed may not reflect in the scheme portfolios of Tata Mutual Fund. This note has been prepared using information believed to be accurate at the time of its use.
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TATA MUTUAL FUND
7
MARKET OUTLOOK Debt market 30-September-2016
31-August-16
Change (bps)
10 Year Benchmark Yield (s.a)
6.96%
7.11%
-15
10 Year AAA (PSU) (ann)
7.49%
7.68%
-19
5 Year AAA ( PSU) (ann)
7.45%
7.52%
-6
3 Month T Bill
6.42%
6.56%
-14
3 Month CD
6.54%
6.63%
-9
12 Month CD
6.85%
7.20%
-35
10 Year AAA Spread
0.41%
0.44%
-3
5 Year AAA Spread
0.45%
0.28%
+17
The sovereign bonds continued their bullish momentum this month as well, helped by a favorable global and domestic factors. On the domestic front, the weak growth momentum as reflected in lower than expected GDP & IIP number and a steep fall in retail inflation from 6% to 5% revived the hopes of rate cut in the upcoming October policy meet. Globally, central bankers continued to maintain their dovish stance so as to push up inflation and bolster economic growth, greatly boosting the market sentiments. The Bank of Japan reiterated that it stays committed to bring inflation closer to its target by way of accommodative monetary stance. The US Fed while maintaining status quo on rates in its September Policy, remained fairly dovish as seen in its altered (downward) FFR/economic projections. For the period under review, the 10 year benchmark yield (old) eased by around 15 bps to close at 6.96%, while the new 10 year bond closed at 6.81%. The corporate bond yields too followed the bullish momentum in the underlying, with 10 year AAA yield easing by 19 bps, while the 5 year counterpart easing by around 6 bps. The yields on the money market instruments at the shorter end eased significantly, on easy liquidity and expectation of policy rate cut by in the forthcoming policy meet. On the macro economic data released during the period, the CPI inflation moderated sharply to 5.05% y-o-y from 6.1% in July, marginally below consensus expectations. The decline was driven by a combination of lower food prices and favorable base effects. Food price inflation fell sharply to 5.9% y-o-y from a 23-month high of 8.4% in July, led by a sharp fall in prices of vegetables (-3.7%), pulses (-1.0%) and meat & fish (-1.3%). Meanwhile, core CPI moved up marginally to 4.7%, from 4.6% in July. We expect the headline CPI inflation to moderate to below 5% in coming months owing to base effects, but we expect it to revert back towards the RBI’s target of 5% by March 2017. However, potential increase in house rent allowances and GST implementation could push headline inflation above the RBI’s 4%+/-2% target in 2017. The WPI inflation rose to a two-year high of 3.7% y-o-y in August from 3.5% in July, below consensus. The jump in year-on-year inflation is largely base-effect driven and actual momentum is weaker: WPI inflation fell 0.2% m-o-m in August, much lower than the preceding six-month average rise of 0.6%. Weaker momentum was largely due to the recent fall in commodity prices, which led to a sharp month-on-month decline in fuel and metal prices. Food inflation did moderate, consistent with the trend seen in CPI inflation. Looking ahead, with base effects remaining adverse, we expect year-on-year WPI inflation to rise until March 2017. This will result in a shrinking of the gap between CPI and WPI. The industrial output growth fell to -2.4% y-o-y in July from 2.0% in June, significantly below expectations. A contraction in capital goods and weak supply side (mining, electricity) weighed on industrial output growth. The volatile cables and rubber insulated products category was the key culprit, dragging IP growth down by 4.2%. Both mining and electricity output growth slowed sharply in July, indicating that a sustained pick-up on the supply side is yet to materialise. Manufacturing growth fell to -3.4% y-o-y (vs +0.7% in July), likely due to weak investment and external demand. The divergence between consumer and capital goods growth continued, although both weakened relative to July. Capital goods contracted for the ninth consecutive month, dragged down by weak private sector investment and a slow start to the public capex cycle so far this year. Meanwhile, consumer durables edged up slightly, although they appear to have broken lower to the 5-6% growth range since May, compared with the double-digit growth seen earlier (June 2015-April 2016). Consumer non-durables contracted yet again, indicating that an improvement in rural demand on the back of higher agriculture production is yet to materialise. The steep fall in headline CPI inflation (1% MoM), muted rise in core inflation, improved monsoon, higher YoY sowing and benign international commodity prices have strengthened the case for further policy easing. We now expect a 25bps rate cut to materialize in the upcoming policy and a cumulative of 50bps cut in FY17 as inflation is expected to stay on the glide path (5% target by Mar’17). While the market has already discounted a 25 bps rate cut markets, it will be keenly watching RBI’s forward guidance & the new MPC’s view on inflation trajectory. Even in the absence of a rate action, yields are now unlikely to witness any significant upward pressure given that economic fundamentals remain favorable & inflation benign.
Disclaimer: The views expressed are in no way trying to predict the markets or to time them. The views expressed are for information purpose only and do not construe to be any investment, legal or taxation advice. Please consult your Financial/Investment Adviser before investing. The views expressed may not reflect in the scheme portfolios of Tata Mutual Fund. This note has been prepared using information believed to be accurate at the time of its use.
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TATA MUTUAL FUND
8
Tata Large Cap Fund (Erstwhile known as Tata Pure Equity Fund; renamed w.e.f February 29, 2016) (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO Company name
INVESTMENT STYLE Primarily invests in equity and equity related instruments of large market cap companies. INVESTMENT OBJECTIVE To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of capital appreciation. DATE OF ALLOTMENT May 7, 1998 FUND MANAGER Pradeep Gokhale (Managing Since Jan-12 and overall experience of 25 years) BENCHMARK S&P BSE Sensex NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
: : : :
184.2 49.14 176.76 45.62
FUND SIZE Rs. 840.55 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 854.96 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
18.12% 17.49%
EXPENSE RATIO** Direct Regular
1.02 2.64
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016 . The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
14.01 0.24 0.93 0.92 1.03 0.42
14.53 0.14 1.00 1.00 0.58 NA
Equity & Equity Related Total Auto Maruti Suzuki India Ltd. Tata Motors Ltd. Mahindra & Mahindra Ltd. Tata Motors - DVR Banks HDFC Bank Ltd. ICICI Bank Ltd. State Bank Of India Indusind Bank Ltd. Axis Bank Ltd. Cement Ultratech Cement Ltd. Ambuja Cements Ltd. Grasim Industries Ltd. Construction Project Larsen & Toubro Ltd. Consumer Non Durables ITC Ltd. Asian Paints (India) Ltd. United Breweries Ltd. Hindustan Unilever Ltd. Finance Housing Development Finance Ltd. Industrial Capital Goods Bharat Electronics Ltd. Siemens Ltd. Media & Entertainment Zee Entertainment Enterprises Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
78505.00
93.40
48000 400000 138000 353443
2630.02 2139.00 1940.21 1203.47
3.13 2.54 2.31 1.43
601344 1032500 920000 128000 225000
7647.29 2605.00 2306.44 1531.33 1219.16
9.10 3.10 2.74 1.82 1.45
90000 600000 18000
3472.11 1516.80 869.90
4.13 1.80 1.03
94567
1353.87
1.61
1522500 230000 200000 150000
3677.60 2672.83 1804.40 1301.70
4.38 3.18 2.15 1.55
222000
3092.57
3.68
195000 92000
2428.53 1141.31
2.89 1.36
400000
2186.80
2.60
Company name Oil Oil & Natural Gas Co. Pharmaceuticals Glenmark Pharmaceuticals Ltd. Divi Laboratories Ltd. Sun Pharmaceutical Industries Ltd. Petroleum Products Reliance Industries Ltd. Indian Oil Corporation Ltd. Power Power Grid Corporation Of India Ltd. Software Infosys Ltd. HCL Technologies Ltd. Tata Consultancy Services Ltd. Transportation Container Corporation Of India Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
600000
1540.20
1.83
242000 158680 175000
2227.01 2046.50 1299.73
2.65 2.43 1.55
278500 150000
3013.65 874.13
3.59 1.04
1755000
3094.94
3.68
361000 396350 71400
3747.54 3169.81 1733.02
4.46 3.77 2.06
120000
1650.30
1.96
5367.83 4997.37 211.06 83713.43 341.91 84055.34
6.39 5.95 0.25 99.60 0.40 100.00
Other Equities^ CBLO Repo Portfolio Total Cash / Net Current Asset Net Assets
^ Exposure less than 1% has been clubbed under Other Equities
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
10 Year Since Inception 2,200,000
Total Value as on Sep 30, 2016 (Rs.)
131,627
434,793
864,118
1,313,656
2,299,104
17,775,577
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016
Returns
18.43%
12.65%
14.57%
12.55%
12.48%
19.83%
Total Value of B: S&P BSE Sensex
127,791
397,282
768,800
1,140,208
1,878,230
8,320,143
For calculation methodology please refer to Pg 49
B: S&P BSE Sensex
12.25%
6.51%
9.85%
8.59%
8.67%
13.03%
MINIMUM INVESTMENT / MULTIPLES FOR NEW INVESTMENT
(Inception date: 07-May-1998) (First Installment date: 01-Jun-1998) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46. *B: Benchmark Source: MFI Explorer
Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% if redeemed on or before expiry of 365 days from the date of allotment.
Top 10 Holdings Equity Issuer Name HDFC Bank Ltd. Infosys Ltd. ITC Ltd. Ultratech Cement Ltd. Tata Motors Ltd. HCL Technologies Ltd. Power Grid Corporation Of India Ltd. HDFC Ltd. Reliance Industries Ltd. Asian Paints (india) Ltd. Total
Sector Allocation % to NAV 9.10 4.46 4.38 4.13 3.97 3.77 3.68 3.68 3.59 3.18 43.94
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
7.61% 6.97% 4.63% 4.25% 3.68% 3.68% 2.71% 1.96% 1.83% 1.61% 0.83% 0.77%
0.00%
5.00%
11.89% 11.66% 10.29%
10.00%
15.00%
19.02%
20.00%
NAV Movement 100.00% 0.00% 0.00%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
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Banks Consumer Non Durables Auto Software Pharmaceuticals Cement Petroleum Products Industrial Capital Goods Finance Power Media & Entertainment Transportation Oil Construction Project Non - Ferrous Metals Minerals/mining
180
Tata Large Cap Fund - Reg
S&P BSE Sensex
164 148 132 116 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
9
Tata Equity Opportunities Fund (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO
INVESTMENT STYLE
Company name
Primarily focuses on investing in equity and equity related instruments of well researched value and growth oriented companies across all market capitalization.
Equity & Equity Related Total
INVESTMENT OBJECTIVE
Maruti Suzuki India Ltd.
66750
3657.37
2.87
Gujarat State Petronet Ltd.
To provide income distribution and / or medium to long term capital gains while at all times emphasizing the importance of capital appreciation.
Tata Motors Ltd.
590000
3155.03
2.48
Industrial Capital Goods
Mahindra & Mahindra Ltd.
DATE OF ALLOTMENT February 25,1993
No. of Market Value Shares Rs. Lakhs
% of Assets
123172.69
96.80
Rupesh Patel (Managing Since Jun - 13 and overall experience of 15 years) (Equity) & Pradeep Gokhale (Managing Since Jun - 13 and overall experience of 25 years)
Parag Milk Foods Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
507065
1492.55
1.17
1924999
2990.49
2.35
235272
2930.08
2.30
Gas
Auto
220000
3093.09
2.43
Bharat Electronics Ltd.
Hero Motocorp Ltd.
50000
1707.18
1.34
Finance
Bajaj Auto Ltd.
50000
1416.08
1.11
Multi Commodity Exchange Of Ind Ltd.
240000
3237.48
2.54
Housing Development Finance Ltd.
212000
2953.27
2.32
Cholamandalam Investment & Finance Co Ltd.
243000
2856.95
2.25
ICICI Prudential Life Insurance Company Ltd.
550000
1705.55
1.34
303000
3278.76
2.58
Auto Ancillaries
FUND MANAGER
Company name
Amara Raja Batteries Ltd.
170000
1717.17
1.35
Banks HDFC Bank Ltd.
660335
8397.48
6.60
Petroleum Products
Yes Bank Ltd.
292000
3662.41
2.88
Reliance Industries Ltd.
BENCHMARK
Kotak Mahindra Bank Ltd.
450000
3504.38
2.75
Pharmaceuticals
S&P BSE 200
State Bank Of India
1191300
2986.59
2.35
Divi Laboratories Ltd.
197700
2549.74
2.00
ICICI Bank Ltd.
1035000
2611.31
2.05
Sun Pharmaceutical Industries Ltd.
250000
1856.75
1.46
Axis Bank Ltd.
390000
2113.22
1.66
Lupin Ltd.
123000
1827.10
1.44
Strides Shasun Ltd.
155000
1561.47
1.23
150000
1380.38
1.08
1870000
3297.75
2.59
1360000
1875.44
1.47
NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
: : : :
172.54 36.82 166.07 32.46
Cement Ultratech Cement Ltd.
101475
3914.80
3.08
Glenmark Pharmaceuticals Ltd.
The Ramco Cements Ltd.
563100
3354.39
2.64
Power
14900
2534.97
1.99
Power Grid Corporation Of India Ltd.
FUND SIZE
Shree Cement Ltd.
Rs.1272.40 (Rs. in Cr.)
Construction
MONTHLY AVERAGE AUM Rs.1277.26 (Rs. in Cr.)
Retailing
KNR Constructions Ltd.
380000
2859.88
2.25
Aditya Birla Fashion & Retail Ltd.
Kajaria Ceramics Ltd.
150000
2079.45
1.63
Software Infosys Ltd.
312600
3245.10
2.55
1234437
3463.83
2.72
HCL Technologies Ltd.
357000
2855.11
2.24
650000
1922.38
1.51
Transportation
Construction Project
TURN OVER
Sadbhav Engineering Ltd.
Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
37.00% 37.00%
EXPENSE RATIO**
Techno Electric And Engineering Company Ltd. Larsen & Toubro Ltd. Sadbhav Infrastructure Project Ltd.
Direct Regular
1.01 2.51
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
15.49 0.31 0.99 0.92 1.38 0.44
15.03 0.22 1.00 1.00 0.94 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% if redeemed on or before expiry of 365 days from the date of allotment.
Engineers India Ltd.
124555
1783.19
1.40
Container Corporation Of India Ltd.
149500
2056.00
1.62
1456235
1548.71
1.22
Adani Port And Special Economic Zone Ltd.
545000
1399.29
1.10
600000
1487.70
1.17
6672.37 4797.48 154.07 128124.24 -884.73 127239.51
5.24 3.77 0.12 100.69 -0.69 100.00
Consumer Non Durables 1550000
3744.03
2.94
United Breweries Ltd.
247000
2228.43
1.75
Asian Paints (India) Ltd.
190000
2207.99
1.74
ITC Ltd.
^ Exposure less than 1% has been clubbed under Other Equities
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
2,830,000
Total Value as on Sep 30, 2016 (Rs.)
133,187
463,670
958,749
1,464,735
2,499,610
31,313,905
Since Inception
Returns
20.97%
17.15%
18.81%
15.60%
14.05%
17.91%
Total Value of B: S&P BSE 200
131,819
426,260
832,253
1,228,633
2,043,469
15,709,953
B: S&P BSE 200
18.74%
11.29%
13.05%
10.68%
10.27%
13.08%
Total Value of AB: S&P BSE Sensex
127,791
397,282
768,800
1,140,208
1,878,230
12,942,562
AB: S&P BSE Sensex
12.25%
6.51%
9.85%
8.59%
8.67%
11.70%
(Inception date: 25-Feb-1993) (First Installment date: 01-Mar-1993) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name HDFC Bank Ltd. Ultratech Cement Ltd. ITC Ltd. Yes Bank Ltd. Maruti Suzuki India Ltd. Kotak Mahindra Bank Sadbhav Engineering Ltd. The Ramco Cements Ltd. Power Grid Corporation Of India Ltd. Reliance Industries Ltd. Total
Sector Allocation % to NAV 6.60 3.08 2.94 2.88 2.87 2.75 2.72 2.64 2.59 2.58 31.65
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
Banks Auto Construction Project Pharmaceuticals Finance Consumer Non Durables Cement Software Construction Industrial Capital Goods Transportation Power Petroleum Products Gas Auto Ancillaries Retailing Media & Entertainment
4.79% 3.88% 3.01% 2.72% 2.59% 2.58% 2.35% 1.95% 1.47% 0.02%
0.00%
5.00%
10.24% 8.84% 8.74% 8.45% 8.40% 7.71%
10.00%
15.00%
19.07%
20.00%
25.00%
NAV Movement 72.03% 19.43% 8.55%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
Other Equities^ CBLO Repo Portfolio Total Net Current Liabilities Net Assets
200
Tata Equity Opportunities Fund - Reg
S&P BSE 200
180 160 140 120 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
10
Tata Ethical Fund (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO Company name
INVESTMENT STYLE An equity scheme which invests primarily in equities of Shariah compliant companies and other instrument if allowed under Shariah principles. INVESTMENT OBJECTIVE To provide medium to long- term capital gains by investing in Shariah compliant equity and equity related instruments of well-researched value and growth - oriented companies. DATE OF ALLOTMENT May 24,1996 FUND MANAGER Pradeep Gokhale (Managing Since Jan-12 and overall experience of 25 years) BENCHMARK Nifty 500 Shariah NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
: : : :
139.84 84.08 135.48 65.51
FUND SIZE Rs. 510.07 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 517.57 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
10.86% 10.86%
EXPENSE RATIO** Direct Regular
2.14 2.85
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
12.03 0.33 0.85 0.82 1.33 0.25
12.85 0.28 1.00 1.00 1.04 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% of the applicable NAV, if redeemed on or before 365 days from the date of allotment. (w.e.f. 6th April, 2015)
Equity & Equity Related Total Auto Maruti Suzuki India Ltd. Bajaj Auto Ltd. Hero Motocorp Ltd. Auto Ancillaries WABCO India Ltd. Amara Raja Batteries Ltd. Bosch Ltd. Cement Ultratech Cement Ltd. Shree Cement Ltd. Ambuja Cements Ltd. Grasim Industries Ltd. ACC Ltd. Consumer Non Durables Britannia Industries Ltd. Hindustan Unilever Ltd. Asian Paints (India) Ltd. Glaxo Smithkline Con Healthcar Ltd. Colgate-Palmolive India Ltd. Kansai Nerolac Paints Ltd. Industrial Capital Goods Thermax Ltd. Ge T & D India Ltd. Industrial Products Cummins India Ltd. Finolex Cables Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
48584.21
95.25
28900 55000 30000
1583.49 1557.68 1024.31
3.10 3.05 2.01
18200 104849 4100
1136.78 1059.08 932.06
2.23 2.08 1.83
43500 9147 545000 20000 59000
1678.19 1556.20 1377.76 966.55 941.02
3.29 3.05 2.70 1.89 1.84
45000 162000 107500 20000 86100 184000
1515.06 1405.84 1249.26 1201.91 835.94 665.34
2.97 2.76 2.45 2.36 1.64 1.30
76196 178000
643.48 596.66
1.26 1.17
Company name Oil Oil & Natural Gas Co. Pesticides Rallis India Ltd. Petroleum Products Castrol India Ltd. Pharmaceuticals Glenmark Pharmaceuticals Ltd. Divi Laboratories Ltd. Cipla Ltd. Lupin Ltd. Sun Pharmaceutical Industries Ltd. IPCA Laboratories Ltd. Sanofi India Ltd. Software Infosys Ltd. Tata Consultancy Services Ltd. HCL Technologies Ltd. Eclerx Services Ltd. Transportation Gujarat Pipavav Port Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
436500
1120.50
2.20
292000
651.01
1.28
555000
2634.59
5.17
166000 115000 222469 65000 124300 105836 12400
1527.62 1483.16 1290.88 965.54 923.18 633.85 515.50
2.99 2.91 2.53 1.89 1.81 1.24 1.01
200000 61400 173000 42093
2076.20 1490.30 1383.57 631.33
4.07 2.92 2.71 1.24
459000
800.50
1.57
6716.12
13.17
48584.21
95.25
Other Equities^
111743 181271
1012.89 800.86
1.99 1.57
Portfolio Total
2422.47
4.75
51006.68
100.00
Cash / Net Current Asset Net Assets
^ Exposure less than 1% has been clubbed under Other Equities
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
2,410,000
Total Value as on Sep 30, 2016 (Rs.)
126,910
437,585
918,867
1,442,467
2,549,775
23,320,998
Returns Total Value of B: Nifty 500 Shariah B: Nifty 500 Shariah Total Value of AB: Nifty 50 AB: Nifty 50
10 Year Since Inception
10.84%
13.10%
17.07%
15.17%
14.42%
19.40%
131,969
442,185
889,995
1,335,328
2,199,519
5,079,440
18.99%
13.82%
15.77%
13.01%
11.65%
6.89%
129,332
407,235
787,459
1,170,647
1,937,071
10,081,926
14.72%
8.17%
10.82%
9.33%
9.26%
12.66%
(Inception date: 24-May-1996) (First Installment date: 01-Sep-1996) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name Castrol India Ltd. Infosys Ltd. Ultratech Cement Ltd. Maruti Suzuki India Ltd. Shree Cement Ltd. Bajaj Auto Ltd. Glenmark Pharmaceuticals Ltd. Britannia Industries Ltd. Tata Consultancy Services Ltd. Divi Laboratories Ltd. Total
Sector Allocation % to NAV 5.17 4.07 3.29 3.10 3.05 3.05 2.99 2.97 2.92 2.91 33.52
Consumer Non Durables Software Pharmaceuticals Cement Auto Auto Ancillaries Industrial Products Petroleum Products Industrial Capital Goods Oil Transportation Consumer Durables Pesticides Healthcare Services
2.20% 1.57% 1.56% 1.28% 0.36%
0.00%
6.13% 5.32% 5.17% 4.50%
5.00%
9.14%
10.00%
15.60% 15.24% 14.39% 12.78%
15.00%
20.00%
** Please refer note on Page No. 46
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
NAV Movement 79.70% 19.83% 0.47%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
190
Tata Ethical Fund - Reg
Nifty 500 Shariah
172 154 136 118 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
11
Tata Equity P/E Fund (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO Company name
INVESTMENT STYLE Primarily invests at least 70% of the net assets in equity shares whose rolling P/E ratio on past four quarter earnings for individual companies is less than rolling P/E of the S&P BSE SENSEX stocks. INVESTMENT OBJECTIVE To provide reasonable and regular income and/ or possible capital appreciation to its Unitholder. DATE OF ALLOTMENT June 29, 2004 FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) BENCHMARK S&P BSE Sensex NAV Direct - Growth Direct - Dividend (Trigger Option A 5%) Direct - Dividend (Trigger Option B 10%) Reg - Growth Reg - Dividend (Trigger Option A 5%) Reg - Dividend (Trigger Option B 10%)
: : : : : :
105.65 51.51 49.70 103.37 52.66 48.24
FUND SIZE Rs. 657.75 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 654.43 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
82.68% 82.12%
EXPENSE RATIO** Direct Regular
2.11 2.77
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson PE
19.67 0.36 1.17 0.74 1.72 1.34 19.16
14.53 0.14 1.00 1.00 0.58 NA 20.92
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% if redeemed on or before expiry of 365 days from the date of allotment (w.e.f. 6th April, 2015)
Equity & Equity Related Total Auto Ancillaries Ceat Ltd. Banks Yes Bank Ltd. ICICI Bank Ltd. City Union Bank Ltd. DCB Bank Ltd. Cement J K Cement Ltd. Chemicals Atul Ltd. Construction KNR Constructions Ltd. Brigade Enterprises Ltd. Consumer Durables Greenply Industries Ltd. Consumer Non Durables Heritage Foods Ltd. Finance Muthoot Finance Ltd. Bajaj Finserv Ltd. Max Financial Services Ltd. Gas Gail ( India ) Ltd. Gujarat State Petronet Ltd. Indraprastha Gas Ltd. Industrial Products Finolex Cables Ltd. Greaves Cotton Ltd. Media & Entertainment Sun Tv Network Ltd. Minerals/Mining Coal India Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
62860.52
95.57
206000
2727.65
4.15
232000 975000 1572400 1000000
2909.86 2459.93 2073.21 1249.50
4.42 3.74 3.15 1.90
100000
874.60
1.33
40300
921.82
1.40
305000 385000
2295.43 670.48
3.49 1.02
467170
1250.38
1.90
92100
790.03
1.20
1100000 88000 270000
3848.35 2705.03 1495.94
5.85 4.11 2.27
645000 1200000 200000
2412.62 1864.20 1553.30
3.67 2.83 2.36
779500 650000
3443.83 844.03
5.24 1.28
200000
1010.70
1.54
1020000
3290.01
5.00
Non - Ferrous Metals Hindustan Zinc Ltd. Oil Oil & Natural Gas Co. Petroleum Products Reliance Industries Ltd. Power Power Grid Corporation Of India Ltd. Services Talwalkars Better Value Fitness Ltd. Software HCL Technologies Ltd. Infosys Ltd. Mphasis Ltd. Hexaware Technologies Ltd. Textile Products K.P.R. Mill Ltd. Raymond Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
400000
933.00
1.42
845000
2169.12
3.30
61000
660.08
1.00
3230000
5696.11
8.66
480000
1326.48
2.02
400000 185000 275000 400000
3199.00 1920.49 1433.71 754.80
4.86 2.92 2.18 1.15
61500 130000
750.70 693.42
1.14 1.05
Other Equities^ CBLO Repo Portfolio Total Cash / Net Current Asset Net Assets
2632.71 4.00 1549.19 2.36 1294.86 1.97 65704.57 99.90 70.81 0.10 65775.38 100.00
^ Exposure less than 1% has been clubbed under Other Equities
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
1,470,000
Total Value as on Sep 30, 2016 (Rs.)
142,906
506,425
1,058,018
1,603,946
2,927,883
4,719,682
Returns
37.16%
23.47%
22.88%
18.15%
16.99%
17.70%
Total Value of B: S&P BSE Sensex
127,791
397,282
768,800
1,140,208
1,878,230
2,882,438
B: S&P BSE Sensex
12.25%
6.51%
9.85%
8.59%
8.67%
10.44%
(Inception date: 29-Jun-2004) (First Installment date: 01-Jul-2004) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name Power Grid Corporation Of India Ltd. Muthoot Finance Ltd. Finolex Cables Ltd. Coal India Ltd. HCL Technologies Ltd. Yes Bank Ltd. Ceat Ltd. Bajaj Finserv Ltd. ICICI Bank Ltd. Gail (India) Ltd. Total
Sector Allocation % to NAV 8.66 5.85 5.24 5.00 4.86 4.42 4.15 4.11 3.74 3.67 49.7
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
Banks Finance Software Power Gas Industrial Products Minerals/mining Construction Auto Ancillaries Oil Chemicals Consumer Non Durables Textile Products Services Consumer Durables Media & Entertainment Non - Ferrous Metals Cement Petroleum Products
5.00% 4.93% 4.15% 3.30% 2.40% 2.26% 2.20% 2.02% 1.90% 1.54% 1.42% 1.33% 1.00%
0.00%
5.00%
6.52%
9.21% 8.86%
11.11%
13.22% 13.21%
10.00%
15.00%
NAV Movement 49.65% 42.26% 8.09%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
Company name
240
Tata Equity P/E Fund - Reg
S&P BSE Sensex
212 184 156 128 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
12
Tata Mid Cap Growth Fund (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO Company name
INVESTMENT STYLE An equity scheme with focus towards mid cap stocks. INVESTMENT OBJECTIVE To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks. DATE OF ALLOTMENT July 1, 1994 FUND MANAGER Rupesh Patel (Managing Since Apr - 16 and overall experience of 15 years) (Equity), Danesh Mistry (Managing Since Apr - 16 and overall experience of 13 years) BENCHMARK Nifty Free Float Midcap 100 NAV Direct - Growth Direct - Dividend Direct - Bonus Reg - Growth Reg - Dividend Reg - Bonus
: : : : : :
114.64 43.40 105.2# 111.43 36.41 103.73
# Direct Plans are available for subscription under all open ended schemes of Tata Mutual Fund w.e.f 1st January 2013. Separate NAV will be calculated & published for respective option(s) of the Direct Plan upon initial subscription. FUND SIZE Rs. 578.75 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 584.12 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
47.99% 47.99%
EXPENSE RATIO** Direct Regular
Equity & Equity Related Total Auto Eicher Motors Ltd. Auto Ancillaries WABCO India Ltd. Amara Raja Batteries Ltd. Exide Industries Ltd. Banks Yes Bank Ltd. DCB Bank Ltd. City Union Bank Ltd. Satin Creditcare Netwotk Ltd. Cement Shree Cement Ltd. The Ramco Cements Ltd. J K Cement Ltd. Chemicals Navin Fluorine International Ltd. Solar Industries India Ltd. Vinati Organics Ltd. Construction KNR Constructions Ltd. Kajaria Ceramics Ltd. Somany Ceramics Ltd. Cera Sanitaryware Ltd. NBCC India Ltd. Construction Project Sadbhav Engineering Ltd. Sadbhav Infrastructure Project Ltd. NCC Ltd. Consumer Durables Century Plyboards (India) Ltd. Blue Star Ltd. IFB Industries Ltd. Consumer Non Durables United Breweries Ltd. Kansai Nerolac Paints Ltd. Glaxo Smithkline Con Healthcar Ltd. CCL Products India Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
55997.51
96.76
3500
872.11
1.51
28000 150000 700000
1748.89 1515.15 1282.75
3.02 2.62 2.22
178000 1200000 800000 158394
2232.57 1499.40 1054.80 856.80
3.86 2.59 1.82 1.48
10000 200000 100000
1701.33 1191.40 874.60
2.94 2.06 1.51
49999 125000 125000
1111.35 804.00 773.00
1.92 1.39 1.34
200000 86700 156000 40000 250000
1505.20 1201.92 952.85 949.62 628.38
2.60 2.08 1.65 1.64 1.09
500000 1000000 1000000
1403.00 1063.50 821.50
2.42 1.84 1.42
480000 200000 225000
1201.68 1100.80 931.28
2.08 1.90 1.61
155000 300000 10000 225000
1398.41 1084.80 600.96 587.03
2.42 1.87 1.04 1.01
Company name Finance Multi Commodity Exchange Of Ind Ltd. Gas Gujarat State Petronet Ltd. Hotels, Resort And Other Recreational Activities Adlabs Entertainment Ltd. Industrial Capital Goods Bharat Electronics Ltd. Industrial Products AIA Engineering Ltd. Fag Bearings Ltd. Mahindra Cie Automotive Ltd. Media & Entertainment Inox Leisure Ltd. Pesticides Rallis India Ltd. Bayer Cropscience Ltd. P.I. Industries Ltd. Pharmaceuticals Glenmark Pharmaceuticals Ltd. Strides Shasun Ltd. Divi Laboratories Ltd. Sequent Scientific Ltd. Retailing Aditya Birla Fashion & Retail Ltd. V-Mart Retail Ltd. Software L&T Technology Services Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
65000
876.82
1.52
750000
1165.13
2.01
750000
746.25
1.29
100000
1245.40
2.15
85000 25000 400000
1086.68 1020.95 761.60
1.88 1.76 1.32
425000
1111.80
1.92
550000 25000 100000
1226.23 1114.76 835.65
2.12 1.93 1.44
200000 120000 60000 491000
1840.50 1208.88 773.82 646.40
3.18 2.09 1.34 1.12
800000 150000
1103.20 775.43
1.91 1.34
70048
590.78
1.02
4918.15 1549.19 401.02 57947.72 -73.19 57874.53
Other Equities^ CBLO Repo Portfolio Total Net Current Liabilities Net Assets
8.50 2.68 0.69 100.13 -0.13 100.00
^ Exposure less than 1% has been clubbed under Other Equities
2.11 2.70
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
18.63 0.41 1.03 0.89 2.12 0.27
17.15 0.38 1.00 1.00 1.87 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% if redeemed on or before expiry of 365 days from the date of allotment (w.e.f. 6th April, 2015)
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
Total Amount Invested (Rs.) 120,000 Total Value as on Sep 30, 2016 (Rs.) 133,391 Returns 21.31% Total Value of B: Nifty Free Float Midcap 100 138,485 B: Nifty Free Float Midcap 100 29.73% Total Value of AB: Nifty 50 129,332 AB: Nifty 50 14.72% (Inception date: 01-Jul-1994) (First Installment date: 01-Jul-1994)
360,000 505,360 23.32% 496,564 22.05% 407,235 8.17%
600,000 1,129,146 25.59% 997,557 20.45% 787,459 10.82%
840,000 1,772,144 20.95% 1,465,589 15.62% 1,170,647 9.33%
1,200,000 3,132,849 18.25% 2,540,766 14.35% 1,937,071 9.26%
2,670,000 16,361,295 17.74% 13,798,892 16.18% 9,112,511 12.31%
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46 *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name Yes Bank Ltd. Glenmark Pharmaceuticals Ltd. WABCO India Ltd. Shree Cement Ltd. Amara Raja Batteries Ltd. KNR Construction DCB Bank Ltd. United Breweries Ltd. Sadbhav Engineering Ltd. Exide Industries Ltd. Total
Sector Allocation % to NAV 3.86 3.18 3.02 2.94 2.62 2.60 2.59 2.42 2.42 2.22 27.87
Banks Construction Auto Ancillaries Pharmaceuticals Consumer Non Durables Construction Project Cement Pesticides Industrial Products Consumer Durables Chemicals Finance Retailing Industrial Capital Goods Gas Media & Entertainment Transportation Auto Hotels, Resort And Other Recreational… Software 0.00%
9.75% 9.05% 7.86% 7.72% 7.70% 7.47% 6.51% 6.44% 5.67% 5.59% 4.65% 3.42% 3.25% 2.15% 2.01% 1.92% 1.78% 1.51% 1.29% 1.02% 5.00%
10.00%
V
15.00%
NAV Movement Tata Mid Cap Growth Fund - Reg - Dividend Nifty Free Float Midcap 100 230 204 178 152 126 100 Sep-13 Sep-14 Sep-15 Sep-16
www.tatamutualfund.com
TATA MUTUAL FUND
13
Tata Dividend Yield Fund (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO
INVESTMENT STYLE
INVESTMENT OBJECTIVE To provide income distribution and / or medium to long term capital gains by investing predominantly in high dividend yield stocks. DATE OF ALLOTMENT November 22, 2004 FUND MANAGER Rupesh Patel (Managing Since Jun - 13 and overall experience of 15 years) BENCHMARK Nifty 500 NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
No. of Shares
Market Value Rs. Lakhs
% of Assets
30071.69
97.27
45500 37000
1288.63 1263.31
4.17 4.09
140750 400000 112800
1789.92 1009.20 529.99
5.79 3.26 1.71
300000 187665
743.85 526.59
2.41 1.70
374500 100000 300000 65000 67019
904.60 867.80 782.70 631.09 429.59
2.93 2.81 2.53 2.04 1.39
1930000 185000
1767.88 647.22
5.72 2.09
260000 114319 46500
1167.79 1036.24 552.49
3.78 3.35 1.79
210000
1061.24
3.43
250000
806.38
2.61
200000
949.40
3.07
Company name
Primarily focuses on investing in high dividend yield stocks. Minimum 70% of the net assets shall be invested in stocks having dividend yield higher than dividend yield of S&P BSE SENSEX stocks.
: : : :
65.57 28.48 63.92 27.71
FUND SIZE Rs. 309.16 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 315.48 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
21.37% 21.37%
EXPENSE RATIO** Direct Regular
2.08 2.69
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson Dividend Yield
14.55 0.30 0.90 0.89 1.38 0.31 2.06
15.31 0.23 1.00 1.00 1.03 NA 1.41*
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 * For S&P BSE Sensex MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% if redeemed on or before expiry of 365 days from the date of allotment.
Equity & Equity Related Total Auto Bajaj Auto Ltd. Hero Motocorp Ltd. Banks HDFC Bank Ltd. ICICI Bank Ltd. Karur Vysa Bank Ltd. Construction Project Engineers India Ltd. Sadbhav Engineering Ltd. Consumer Non Durables ITC Ltd. Hindustan Unilever Ltd. CCL Products India Ltd. Colgate-Palmolive India Ltd. MPS Ltd. Finance Manappuram Finance Ltd. Muthoot Finance Ltd. Industrial Products Finolex Industries Ltd. Cummins India Ltd. Swaraj Engines Ltd. Media & Entertainment Sun Tv Network Ltd. Minerals/Mining Coal India Ltd. Petroleum Products Castrol India Ltd.
Pharmaceuticals Strides Shasun Ltd. Glaxosmithkline Pharmaceuticals Ltd. Power Power Grid Corporation Of India Ltd. Torrent Power Ltd. Software HCL Technologies Ltd. Infosys Ltd. Eclerx Services Ltd. NIIT Technologies Ltd. Mphasis Ltd. Oracle Financials Services Soft Ltd. Tata Consultancy Services Ltd. Hexaware Technologies Ltd. Telecom - Services Tata Communications Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
137300 20000
1383.16 556.36
4.47 1.80
900000 260000
1587.15 468.26
5.13 1.51
192000 120000 72700 140000 100000 16000 20000 230000
1535.52 1245.72 1090.39 587.44 521.35 516.18 485.44 434.01
4.97 4.03 3.53 1.90 1.69 1.67 1.57 1.40
160000
904.80
2.93
Repo Portfolio Total Cash / Net Current Asset Net Assets
342.97 1.11 30414.66 98.38 500.99 1.62 30915.65 100.00
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
1,420,000
Total Value as on Sep 30, 2016 (Rs.)
131,101
449,552
900,365
1,402,911
2,647,119
3,709,184
Returns
17.58%
14.97%
16.24%
14.39%
15.12%
15.24%
Total Value of B: Nifty 500
132,052
430,816
845,088
1,246,650
2,062,166
2,810,342
10 Year Since Inception
B: Nifty 500
19.12%
12.02%
13.67%
11.09%
10.44%
10.97%
Total Value of AB: Nifty 50
129,332
407,235
787,459
1,170,647
1,937,071
2,689,142
AB: Nifty 50
14.72%
8.17%
10.82%
9.33%
9.26%
10.28%
(Inception date: 22-Nov-2004) (First Installment date: 01-Dec-2004) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name HDFC Bank Ltd. Manappuram Finance Ltd. Power Grid Corporation Of India Ltd. HCL Technologies Ltd. Strides Shasun Ltd. Bajaj Auto Ltd. Hero Motocorp Ltd. Infosys Ltd. Finolex Industries Ltd. Eclerx Services Ltd. Total
Sector Allocation % to NAV 5.79 5.72 5.13 4.97 4.47 4.17 4.09 4.03 3.78 3.53 45.68
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
Software Consumer Non Durables Banks Industrial Products Auto Finance Power Pharmaceuticals Construction Project Media & Entertainment Petroleum Products Telecom - Services Minerals/mining 0.00%
11.70% 10.77% 8.92% 8.25% 7.81% 6.65% 6.27% 4.11% 3.43% 3.07% 2.93% 2.61% 5.00%
10.00%
15.00%
20.75%
V
20.00%
25.00%
NAV Movement 58.31% 36.66% 5.03%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
Company name
190
Tata Dividend Yield Fund - Reg
Nifty 500
172 154 136 118 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
14
Tata India Tax Savings Fund (Erstwhile known as Tata Long Term Equity Fund; renamed w.e.f December 21, 2015) (An Open-Ended Equity Linked Saving Scheme (ELSS) for residents with a lock-in period of 3 years)
As on 30th September 2016
PORTFOLIO Company name
INVESTMENT STYLE An equity linked tax savings scheme (ELSS) that aims to provide medium to long term capital gains along with income tax benefit under Section 80C of the Income Tax Act. INVESTMENT OBJECTIVE To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation. DATE OF ALLOTMENT March 31,1996 FUND MANAGER Rupesh Patel (Managing Since Apr-15 and overall experience of 15 years) BENCHMARK S&P BSE Sensex NAV Direct- Dividend Reg - Dividend Direct- Growth Reg- Growth
89.21 69.84 14.32 13.96
: : : :
FUND SIZE Rs. 418.94 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 402.87 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
32.11% 32.11%
EXPENSE RATIO** Direct Regular
2.04 2.98
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
15.44 0.36 0.95 0.80 1.69 1.06
14.53 0.14 1.00 1.00 0.58 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 500/- and in multiples of Rs. 500/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 500/- and multiples of Rs. 500/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: Nil (Compulsory lock-in period for 3 years)
Equity & Equity Related Total Auto Mahindra & Mahindra Ltd. Auto Ancillaries MRF Ltd. Exide Industries Ltd. WABCO India Ltd. Banks HDFC Bank Ltd. Yes Bank Ltd. Kotak Mahindra Bank Ltd. State Bank Of India DCB Bank Ltd. Satin Creditcare Netwotk Ltd. Axis Bank Ltd. Cement The Ramco Cements Ltd. Ultratech Cement Ltd. J K Cement Ltd. Chemicals Vinati Organics Ltd. Navin Fluorine International Ltd. Construction Kajaria Ceramics Ltd. Somany Ceramics Ltd. KNR Constructions Ltd. Consumer Durables Blue Star Ltd. Century Plyboards (India) Ltd. Consumer Non Durables United Breweries Ltd. ITC Ltd. Marico Ltd. Asian Paints (India) Ltd. Britannia Industries Ltd. Kansai Nerolac Paints Ltd. Finance Ujjivan Financial Services Ltd. ICICI Prudential Life Insurance Company Ltd. Housing Development Finance Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
40402.47
96.44
50000
702.98
1.68
2000 410000 9000
1018.75 751.33 562.14
2.43 1.79 1.34
175000 100000 155000 475000 580000 111552 100000
2225.48 1254.25 1207.06 1190.83 724.71 603.42 541.85
5.31 2.99 2.88 2.84 1.73 1.44 1.29
100000 15000 50300
595.70 578.69 439.92
1.42 1.38 1.05
100000 20000
618.40 444.55
1.48 1.06
65000 147274 100000
901.10 899.55 752.60
2.15 2.15 1.80
100000 200000
550.40 500.70
1.31 1.20
89000 310000 260000 58000 18000 140000
802.96 748.81 715.52 674.02 606.02 506.24
1.92 1.79 1.71 1.61 1.45 1.21
156730 180000 35000
698.94 558.18 487.57
1.67 1.33 1.16
No. of Market Value Shares Rs. Lakhs
36000 Multi Commodity Exchange Of Ind Ltd. Cholamandalam Investment & Finance Co Ltd. 40000 35000 Sundaram Finance Ltd. Gas Gujarat State Petronet Ltd. 300000 Hotels, Resort And Other Recreational Activities Adlabs Entertainment Ltd. 425000 Industrial Capital Goods Bharat Electronics Ltd. 52500 Industrial Products Cummins India Ltd. 70000 Finolex Cables Ltd. 125000 Astral Poly Technik Ltd. 100000 Media & Entertainment Inox Leisure Ltd. 275000 Petroleum Products Castrol India Ltd. 150000 Pharmaceuticals Strides Shasun Ltd. 80000 Divi Laboratories Ltd. 55000 Torrent Pharmaceuticals Ltd. 38500 Glenmark Pharmaceuticals Ltd. 54000 Sun Pharmaceutical Industries Ltd. 62000 Power Power Grid Corporation Of India Ltd. 400000 Retailing Aditya Birla Fashion & Retail Ltd. 424000 Software Infosys Ltd. 89000 HCL Technologies Ltd. 99500 L&T Technology Services Ltd. 70304 Transportation 40000 Container Corporation Of India Ltd. Other Equities^ Repo Portfolio Total Net Current Liabilities Net Assets
% of Assets
485.62 470.28 466.66
1.16 1.12 1.11
466.05
1.11
422.88
1.01
653.84
1.56
634.52 552.25 438.90
1.51 1.32 1.05
719.40
1.72
712.05
1.70
805.92 709.34 625.30 496.94 460.47
1.92 1.69 1.49 1.19 1.10
705.40
1.68
584.70
1.40
923.91 795.75 592.94
2.21 1.90 1.42
550.10
1.31
4266.58 1902.72 42305.19 -411.48 41893.71
10.18 4.54 100.98 -0.98 100.00
^ Exposure less than 1% has been clubbed under Other Equities
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
120,000 Total Amount Invested (Rs.) 136,594 Total Value as on Sep 30, 2016 (Rs.) 26.58% Returns 127,791 Total Value of B: S&P BSE Sensex 12.25% B: S&P BSE Sensex (Inception date: 31-Mar-1996) (First Installment date: 01-Jul-1996)
360,000 494,084 21.68% 397,282 6.51%
600,000 1,024,374 21.54% 768,800 9.85%
840,000 1,588,083 17.87% 1,140,208 8.59%
1,200,000 2,736,146 15.73% 1,878,230 8.67%
2,430,000 28,410,562 20.72% 10,078,151 12.49%
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name HDFC Bank Ltd. Yes Bank Ltd. Kotak Mahindra Bank State Bank Of India MRF Ltd. Infosys Ltd. Somany Ceramics Ltd. Kajaria Ceramics Ltd. United Breweries Ltd. Strides Shasun Ltd. Total
Sector Allocation % to NAV 5.31 2.99 2.88 2.84 2.43 2.21 2.15 2.15 1.92 1.92 26.80
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
Banks Consumer Non Durables Pharmaceuticals Finance Industrial Products Construction Auto Ancillaries Software Cement Consumer Durables Auto Power Chemicals Hotels, Resort And Other Recreational Activities Construction Project Media & Entertainment Petroleum Products Industrial Capital Goods Retailing Transportation Gas 0.00%
10.61% 8.39% 7.56% 6.55% 6.09% 5.57% 5.52% 3.85% 3.45% 2.66% 2.63% 2.54% 1.91% 1.82% 1.72% 1.70% 1.56% 1.40% 1.31% 1.11% 5.00%
10.00%
15.00%
18.49%
V
20.00%
NAV Movement 54.83% 29.83% 15.34%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
Company name
170
Tata India Tax Savings Fund - Reg - Dividend
S&P BSE Sensex
156 142 128 114 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
15
Tata Banking & Financial Services Fund (An Open-Ended Banking & Financial Services Sector Scheme)
INVESTMENT STYLE Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.
INVESTMENT OBJECTIVE The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.
DATE OF ALLOTMENT December 28, 2015
FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) & Pradeep Gokhale (Managing Since Dec-15 and overall experience of 25 years)
Rs. 1,000/- and in multiples of Re. 1/- thereafter.
EXPENSE RATIO** Direct Regular
1.38 3.23
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016 . The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
22.37 0.40 0.85 0.95 3.00 1.67
22.06 0.16 1.00 1.00 1.04 NA
For calculation methodology please refer to Pg 49
LOAD STRUCTURE
NAV : : : :
13.19 13.19 13.01 13.01
FUND SIZE
As on 30th September 2016
Company name
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016
BENCHMARK Nifty Financial Services
Direct - Dividend Direct - Growth Regular - Dividend Regular - Growth
PORTFOLIO
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
Entry Load
: Not Applicable
Exit Load
: 1% if redeemed or switch out from the scheme on or before expiry of 365 days from the date of allotment of units.
No. of Shares
Equity & Equity Related Total Banks Kotak Mahindra Bank Ltd. DCB Bank Ltd. State Bank Of India Yes Bank Ltd. City Union Bank Ltd. HDFC Bank Ltd. Finance Max Financial Services Ltd. Muthoot Finance Ltd. Housing Development Finance Ltd. ICICI Prudential Life Insurance Company Ltd. Bajaj Finserv Ltd. Ujjivan Financial Services Ltd. Bajaj Finance Ltd. Gruh Finance Ltd. Multi Commodity Exchange Of Ind Ltd. ICRA Ltd. Bharat Financial Inclusion Ltd. Cholamandalam Investment & Finance Co Ltd.
Market Value Rs. Lakhs
% of Assets
8856.53
93.43
102900 465000 227000 34300 243600 124700
801.33 581.02 569.09 430.21 321.19 1585.81
8.45 6.13 6.00 4.54 3.39 16.73
145000 200000 38000 170000 16100 60000 24000 75000 16000 5000 22000 12000
803.37 699.70 529.36 527.17 494.90 267.57 253.58 245.48 215.83 196.28 193.56 141.08
8.48 7.38 5.58 5.56 5.22 2.82 2.68 2.59 2.28 2.07 2.04 1.49
454.84 9311.37 167.81 9479.18
4.80 98.23 1.77 100.00
Rs. 94.79 (Rs. in Cr.)
MONTHLY AVERAGE AUM Rs. 94.02 (Rs. in Cr.)
TURN OVER Portfolio Turnover (Total)
NA
Portfolio Turnover (Equity component only)
NA
Repo Portfolio Total Cash / Net Current Asset Net Assets
MINIMUM INVESTMENT / MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter.
www.tatamutualfund.com
TATA MUTUAL FUND
16
Tata Digital India Fund (An Open-Ended Information Technology Sector Scheme)
INVESTMENT STYLE Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Information Technology sector in India.
MINIMUM INVESTMENT / MULTIPLES FOR NEW INVESTMENT
PORTFOLIO
Rs. 5,000/- and in multiples of Re. 1/- thereafter.
Company name
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
INVESTMENT OBJECTIVE The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.
Rs. 1,000/- and in multiples of Re. 1/- thereafter.
EXPENSE RATIO** Direct Regular
1.37 3.08
December 28,2015
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016 . The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
FUND MANAGER
VOLATILITY MEASURES
Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) & Pradeep Gokhale (Managing Since Dec-15 and overall experience of 25 years)
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
S&P BSE IT
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016
DATE OF ALLOTMENT
FUND
BENCHMARK
16.14 -0.26 0.84 0.98 -1.44 -0.14
18.72 -0.24 1.00 1.00 -1.27 NA
As on 30th September 2016
No. of Shares
Equity & Equity Related Total Software Mphasis Ltd. Infosys Ltd. Oracle Financials Services Soft Ltd. Persistent Systems Ltd. Mindtree Ltd. Tech Mahindra Ltd. Eclerx Services Ltd. NIIT Technologies Ltd. Info Edge (India) Ltd. Tata Consultancy Services Ltd. HCL Technologies Ltd. Hexaware Technologies Ltd.
42300 174300 6000 27000 33000 33500 8400 30000 11000 21200 56000 40000
% of Assets
4163.51
96.10
220.53 1809.41 193.57 172.91 158.88 140.67 125.99 125.88 93.46 514.57 447.86 75.48
5.09 41.77 4.47 3.99 3.67 3.25 2.91 2.91 2.16 11.88 10.34 1.74
84.30 177.29 4340.80 -8.50 4332.30
1.95 4.09 100.19 -0.19 100.00
For calculation methodology please refer to Pg 49
NAV
LOAD STRUCTURE
FUND SIZE
Other Equities^ Repo Portfolio Total Net Current Liabilities Net Assets
Rs. 43.32 (Rs. in Cr.)
^ Exposure less than 1% has been clubbed under Other Equities
Direct - Dividend Direct - Growth Regular - Dividend Regular - Growth
Market Value Rs. Lakhs
9.45 9.45 9.33 9.33
: : : :
Entry Load
: Not Applicable
Exit Load
: 1% if redeemed or switch out from the scheme on or
before expiry of 365 days from the date of allotment of units.
MONTHLY AVERAGE AUM Rs. 43.75 (Rs. in Cr.)
TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
NA NA
Tata India Consumer Fund (An Open-Ended Consumption Oriented Sector Scheme)
INVESTMENT STYLE Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Consumption Oriented sectors in India.
PORTFOLIO
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its assets in equity/equity related instruments of the companies in the Consumption Oriented sectors in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.
Direct Regular
1.37 3.18
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016 . The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
DATE OF ALLOTMENT
VOLATILITY MEASURES
December 28, 2015
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) & Rupesh Patel (Managing Since Dec-15 and overall experience of 15 years)
FUND
BENCHMARK
16.88 0.22 0.89 0.79 1.17 0.70
13.91 0.10 1.00 1.00 0.38 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016
BENCHMARK
For calculation methodology please refer to Pg 49
Nifty India Consumption
LOAD STRUCTURE
NAV Direct - Dividend Direct - Growth Regular - Dividend Regular - Growth
: : : :
11.68 11.68 11.52 11.52
FUND SIZE Rs. 90.26 (Rs. in Cr.)
MONTHLY AVERAGE AUM Rs. 83.04 (Rs. in Cr.)
TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
MINIMUM INVESTMENT / MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter.
www.tatamutualfund.com
NA NA
No. of Shares
Rs. 1,000/- and in multiples of Re. 1/- thereafter.
EXPENSE RATIO**
INVESTMENT OBJECTIVE
As on 30th September 2016
Company name
Entry Load
:
Exit Load
: 1% if redeemed or switch out from the scheme on or before expiry of 365 days from the date of allotment of units.
Not Applicable
Equity & Equity Related Total Auto Bajaj Auto Ltd. Maruti Suzuki India Ltd. Mahindra & Mahindra Ltd. Auto Ancillaries Ceat Ltd. WABCO India Ltd. TVS Srichakra Ltd. Consumer Durables Blue Star Ltd. Century Plyboards (India) Ltd. Greenply Industries Ltd. IFB Industries Ltd. Titan Company Ltd. Consumer Non Durables ITC Ltd. Heritage Foods Ltd. United Breweries Ltd. Hindustan Unilever Ltd. Marico Ltd. Asian Paints (India) Ltd. Glaxo Smithkline Con Healthcar Ltd. Berger Paints India Ltd. CCL Products India Ltd. Godrej Consumer Products Ltd. United Spirits Ltd. Media & Entertainment Zee Entertainment Enterprises Ltd. Inox Leisure Ltd. Retailing V-Mart Retail Ltd. Textile Products Raymond Ltd. K.P.R. Mill Ltd.
Other Equities^ Repo Portfolio Total Net Current Liabilities Net Assets ^ Exposure less than 1% has been clubbed under Other Equities
Market Value Rs. Lakhs
% of Assets
8056.10
89.25
17400 6300 20000
492.79 345.19 281.19
5.46 3.82 3.12
14500 3000 4100
191.99 187.38 165.10
2.13 2.08 1.83
50000 101000 80000 50000 50000
275.20 252.85 214.12 206.95 197.83
3.05 2.80 2.37 2.29 2.19
330500 61800 49050 43700 136000 25000 4100 81200 65000 9800 6000
798.32 530.12 442.53 379.23 374.27 290.53 246.39 212.01 169.59 155.25 147.77
8.84 5.87 4.90 4.20 4.15 3.22 2.73 2.35 1.88 1.72 1.64
108000 80000
590.44 209.28
6.54 2.32
20600
106.49
1.18
50000 20000
266.70 244.13
2.95 2.70
82.46 980.38 9036.48 -10.02 9026.46
TATA MUTUAL FUND
0.91 10.86 100.11 -0.11 100.00
17
Tata India Pharma & Healthcare Fund (An Open-Ended India Pharma & Healthcare Services Sector Scheme)
INVESTMENT STYLE Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Pharma & Healthcare sectors in India.
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
PORTFOLIO
Rs. 1,000/- and in multiples of Re. 1/- thereafter.
Company name
EXPENSE RATIO**
INVESTMENT OBJECTIVE The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the pharma & healthcare sectors in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.
Direct Regular
DATE OF ALLOTMENT
VOLATILITY MEASURES
December 28, 2015
FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) & Rupesh Patel (Managing Since Dec-15 and overall experience of 15 years)
BENCHMARK
1.42 3.25
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
13.35 -0.27 1.16 0.84 -0.89 0.09
18.38 -0.18 1.00 1.00 -0.97 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016
Nifty Pharma
For calculation methodology please refer to Pg 49
NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
As on 30th September 2016
No. of Shares
: : : :
9.65 9.65 9.53 9.53
LOAD STRUCTURE Entry Load
:
Exit Load
: 1% if redeemed or switch out from the scheme on or before expiry of 365 days from the date of allotment of units.
FUND SIZE
Not Applicable
Rs. 83.74 (Rs. in Cr.)
Equity & Equity Related Total Healthcare Services Healthcare Global Enterprises Ltd. Thyrocare Technologies Ltd. Pharmaceuticals Divi Laboratories Ltd. Torrent Pharmaceuticals Ltd. Strides Shasun Ltd. Glenmark Pharmaceuticals Ltd. Sanofi India Ltd. Alkem Laboratories Ltd. IPCA Laboratories Ltd. Dishman Pharmaceu & Chem Ltd. Sun Pharmaceutical Industries Ltd. Pfizer Ltd. Sequent Scientific Ltd. Lupin Ltd. Natco Pharma Ltd.
Market Value Rs. Lakhs
% of Assets
8291.91
99.02
140000 18000
308.35 110.62
3.68 1.32
62500 40500 65000 67000 11000 20500 50000 100000 290000 13000 161000 68500 25000
806.06 657.78 654.81 616.57 457.30 340.36 299.45 259.00 2153.83 248.48 211.96 1017.53 149.81
9.63 7.86 7.82 7.36 5.46 4.06 3.58 3.09 25.72 2.97 2.53 12.15 1.79
101.31 8393.22 -19.46 8373.76
1.21 100.23 -0.23 100.00
Repo Portfolio Total Net Current Liabilities Net Assets
MONTHLY AVERAGE AUM Rs. 85.09 (Rs. in Cr.)
TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
NA NA
MINIMUM INVESTMENT / MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter.
Tata Resources & Energy Fund (An Open-Ended Resources & Energy Sector Scheme)
INVESTMENT STYLE Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Resources & Energy sectors in India.
PORTFOLIO
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Resources & Energy sectors in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.
Direct Regular
1.40 3.13
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
DATE OF ALLOTMENT
VOLATILITY MEASURES
December 28, 2015
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) & Rupesh Patel (Managing Since Dec-15 and overall experience of 15 years)
FUND
BENCHMARK
15.87 0.46 0.71 0.94 2.98 0.61
21.85 0.34 1.00 1.00 2.11 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49
BENCHMARK Nifty Commodities
LOAD STRUCTURE
NAV
Entry Load
:
Exit Load
: 1% of the applicable NAV, if redeemed or switch out from the scheme on or before expiry of 365 days from the date of allotment of units.
Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
: : : :
12.75 12.75 12.59 12.59
FUND SIZE Rs. 28.11 (Rs. in Cr.)
MONTHLY AVERAGE AUM Rs. 27.75 (Rs. in Cr.)
TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
MINIMUM INVESTMENT / MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter.
www.tatamutualfund.com
NA NA
No. of Shares
Rs. 1,000/- and in multiples of Re. 1/- thereafter.
EXPENSE RATIO**
INVESTMENT OBJECTIVE
As on 30th September 2016
Company name
Not Applicable
Equity & Equity Related Total Cement Ultratech Cement Ltd. Shree Cement Ltd. Grasim Industries Ltd. Ambuja Cements Ltd. Chemicals Vinati Organics Ltd. Navin Fluorine International Ltd. Pidilite Industries Ltd. Gas Gail ( India ) Ltd. Gujarat State Petronet Ltd. Gujarat Gas Ltd. Minerals/Mining Coal India Ltd. Non - Ferrous Metals Vedanta Ltd. Hindustan Zinc Ltd. Oil Oil & Natural Gas Co. Pesticides Bayer Cropscience Ltd. Monsanto India Ltd. Petroleum Products Castrol India Ltd. Reliance Industries Ltd. Bharat Petroleum Corporation Ltd. Power Power Grid Corporation Of India Ltd. Tata Power Company Ltd. NTPC Ltd.
Other Equities^ Repo Portfolio Total Cash / Net Current Asset Net Assets ^ Exposure less than 1% has been clubbed under Other Equities
Market Value Rs. Lakhs
% of Assets
2753.51
97.96
7050 800 1900 30500
271.98 136.11 91.82 77.10
9.68 4.84 3.27 2.74
17700 3700 11000
109.46 82.24 75.06
3.89 2.93 2.67
29800 42800 9500
111.47 66.49 54.60
3.97 2.37 1.94
56300
181.60
6.46
56800 34700
97.72 80.94
3.48 2.88
103600
265.94
9.46
2800 2500
124.85 59.77
4.44 2.13
44800 19100 7100
212.67 206.68 43.50
7.57 7.35 1.55
145000 70000 32800
255.71 52.71 48.71
9.10 1.88 1.73
46.38 51.71 2805.22 5.73 2810.95
1.65 1.84 99.80 0.20 100.00
TATA MUTUAL FUND
18
Tata Infrastructure Fund (An Open-Ended Equity Scheme)
As on 30th September 2016 INVESTMENT STYLE Primarily focuses on equity / equity related instruments of the companies in the Infrastructure sector in India. INVESTMENT OBJECTIVE To provide income distribution and / or medium to long term capital gains by investing predominantly in equity / equity related instruments of the companies in the infrastructure sector. DATE OF ALLOTMENT December 31, 2004 FUND MANAGER Rupesh Patel (Managing Since Jan - 14 and overall experience of 15 years) (Equity) BENCHMARK Nifty 500 NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
: : : :
48.51 29.73 47.62 26.78
FUND SIZE Rs. 662.03 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 674.35 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
5.29% 5.29%
EXPENSE RATIO** Direct Regular
2.05 2.54
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
21.08 0.28 1.30 0.89 1.29 0.34
15.31 0.23 1.00 1.00 1.03 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% if redeemed on or before expiry of 365 days from the date of allotment.
PORTFOLIO Company name Equity & Equity Related Total Auto Eicher Motors Ltd. Banks HDFC Bank Ltd. Yes Bank Ltd. ICICI Bank Ltd. Axis Bank Ltd. Cement Ultratech Cement Ltd. Shree Cement Ltd. The Ramco Cements Ltd. J K Lakshmi Cement Ltd. J K Cement Ltd. Construction KNR Constructions Ltd. Kajaria Ceramics Ltd. NBCC India Ltd. Construction Project Sadbhav Engineering Ltd. NCC Ltd. Larsen & Toubro Ltd. Sadbhav Infrastructure Project Ltd. Techno Electric And Engineering Company Ltd. Engineers India Ltd. Consumer Non Durables Asian Paints (India) Ltd. Finance Sundaram Finance Ltd. Gas Gujarat State Petronet Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
65338.44
98.69
4000
996.70
1.51
284000 230000 650000 140000
3611.63 2884.78 1639.95 758.59
5.46 4.36 2.48 1.15
100000 20000 450000 300000 151930
3857.90 3402.65 2680.65 1490.10 1328.78
5.83 5.14 4.05 2.25 2.01
375000 190000 600000
2822.25 2633.97 1508.10
4.26 3.98 2.28
1185000 1950000 99500 1080925 378000 320000
3325.11 1601.93 1424.49 1149.56 1117.94 793.44
5.02 2.42 2.15 1.74 1.69 1.20
200000
2324.20
3.51
54000
719.98
1.09
1210000
1879.74
2.84
Industrial Products Cummins India Ltd. Astral Poly Technik Ltd. AIA Engineering Ltd. Finolex Cables Ltd. Timken India Ltd. Fag Bearings Ltd. Grindwell Norton Ltd. Industrial Capital Goods Bharat Electronics Ltd. ABB India Ltd. Thermax Ltd. Media & Entertainment Inox Leisure Ltd. Power Power Grid Corporation Of India Ltd. Kalpataru Power Transmission Ltd. Transportation Container Corporation Of India Ltd. Adani Port And Special Economic Zone Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
240000 460000 129900 275000 185000 23018 200000
2175.48 2018.94 1660.71 1214.95 1022.77 940.01 671.20
3.29 3.05 2.51 1.84 1.54 1.42 1.01
156000 89000 100000
1942.82 1009.88 844.50
2.93 1.53 1.28
400000
1046.40
1.58
1100000 335000
1939.85 872.17
2.93 1.32
50000 265000
687.63 680.39
1.04 1.03
Other Equities^ Repo Portfolio Total Net Current Liabilities Net Assets
2658.30 4.02 1045.81 1.58 66384.25 100.27 -181.16 -0.27 66203.09 100.00
^ Exposure less than 1% has been clubbed under Other Equities
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
1,400,000
Total Value as on Sep 30, 2016 (Rs.)
136,108
472,319
898,259
1,245,514
1,919,938
2,600,678
Returns
25.78%
18.46%
16.15%
11.06%
9.09%
10.13%
Total Value of B: Nifty 500
132,052
430,816
845,088
1,246,650
2,062,166
2,725,456
Since Inception
B: Nifty 500
19.12%
12.02%
13.67%
11.09%
10.44%
10.87%
Total Value of AB: Nifty 50
129,332
407,235
787,459
1,170,647
1,937,071
2,604,539
AB: Nifty 50
14.72%
8.17%
10.82%
9.33%
9.26%
10.15%
(Inception date: 31-Dec-2004) (First Installment date: 01-Feb-2005) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name Ultratech Cement Ltd. HDFC Bank Ltd. Shree Cement Ltd. Sadbhav Engineering Ltd. Yes Bank Ltd. KNR Construction The Ramco Cements Ltd. Kajaria Ceramics Ltd. Asian Paints (India) Ltd. Cummins India Ltd. Total
Sector Allocation % to NAV 5.83 5.46 5.14 5.02 4.36 4.26 4.05 3.98 3.51 3.29 44.90
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
Cement Industrial Products Construction Project Banks Construction Industrial Capital Goods Power Consumer Non Durables Gas Transportation Media & Entertainment Auto Finance Chemicals
6.64% 4.25% 3.51% 2.84% 2.07% 1.58% 1.51% 1.09% 0.97%
0.00%
5.00%
19.27% 16.80% 14.22% 13.44% 10.52%
10.00%
V
15.00%
20.00%
25.00%
NAV Movement 44.91% 44.81% 10.28%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
Company name
Tata Infrastructure Fund - Reg
Nifty 500
220 196 172 148 124 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
19
Tata Balanced Fund (An Open-Ended Balanced Scheme)
As on 30th September 2016
PORTFOLIO
INVESTMENT STYLE
Company Name
Invests 65% to 75% investment in Equity & equity related instruments & 25% to 35% in debt & money market instruments. For taxation purpose, it is treated as an equity scheme. (Monthly Income is not assured and is subject to availability of distributable surplus.). INVESTMENT OBJECTIVE To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of capital appreciation. DATE OF ALLOTMENT October 8, 1995 FUND MANAGER Pradeep Gokhale (Managing Since Apr - 16 and overall experience of 25 years) (Equity) & Akhil Mittal (Managing since July-15 and overall experience of 15 years) (Debt) BENCHMARK CRISIL Balanced Fund - Aggressive Index NAV Direct - Growth Direct - Dividend Direct - Monthly Dividend Reg - Growth Reg - Dividend Reg - Monthly Dividend
: : : : :
190.01 80.94 70.17 186.30 79.03 68.53
FUND SIZE Rs. 6709.54 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs.6718.83 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
216.76% 30.96%
No. of Shares
Equity & Equity Related Total Auto Mahindra & Mahindra Ltd. Tata Motors Ltd. Banks HDFC Bank Ltd. Kotak Mahindra Bank Ltd. Yes Bank Ltd. State Bank Of India ICICI Bank Ltd. Cement Shree Cement Ltd. Ultratech Cement Ltd. Construction Kajaria Ceramics Ltd. Construction Project Sadbhav Engineering Ltd. Consumer Non Durables Asian Paints (India) Ltd. Hindustan Unilever Ltd. Finance Housing Development Finance Ltd. Media & Entertainment Zee Entertainment Enterprises Ltd. Petroleum Products Reliance Industries Ltd. Pharmaceuticals Glenmark Pharmaceuticals Ltd. Sun Pharmaceutical Industries Ltd. Power Power Grid Corporation Of India Ltd. Retailing Aditya Birla Fashion & Retail Ltd. Software HCL Technologies Ltd. Infosys Ltd. Tata Consultancy Services Ltd. Other Equities^
Name of the Instrument
EXPENSE RATIO** Direct Regular
1.28 2.25
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
12.60 0.38 1.03 0.80 1.34 1.09
10.20 0.09 1.00 1.00 0.27 NA
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 Modified Duration Average Maturity
: :
4.41 Years 6.50 Years
: :
6.78% 6.88%
Gross Yield to Maturity (For Debt Component) i. Including NCA* ii. Excluding NCA* *NCA - Net Current Assets
MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% if redeemed on or before expiry of 365 days from the date of allotment (w.e.f. 6th April, 2015)
Debt Instruments Government Securities GOI - 7.72% (25/05/2025) GOI - 7.16% (20/05/2023) GOI - 7.35% (22/06/2024) GOI - 7.68% (15/12/2023) GOI - 7.88% (19/03/2030) GOI - 7.59% (20/03/2029) GOI - 7.59% (11/01/2026) GOI - 7.61% (09/05/2030) GOI - 8.28% (21/09/2027)
Market Value Rs. Lakhs
% of Assets
482638.78
71.93
770000 1750000
10825.82 9358.13
1.61 1.39
2000000 1500000 800000 4000000 3000000
25434.00 11681.25 10034.00 10028.00 7569.00
3.79 1.74 1.50 1.49 1.13
65000 200000
11058.61 7715.80
1.65 1.15
600000
8317.80
1.24
2500000
7015.00
1.05
1000000 800000
11621.00 6942.40
1.73 1.03
740000
10308.57
1.54
2500000
13667.50
2.04
1200000
12985.20
1.94
1550000 1400000
14263.88 10397.80
2.13 1.55
8000000
14108.00
2.10
6000000
8274.00
1.23
1870000 1400000 300000
14955.33 14533.40 7281.60 224262.69
2.23 2.17 1.09 33.42
Ratings
Market Value Rs. Lakhs
% to NAV
121571.39 28731.12 24745.12 13963.67 10276.68 9102.87 8375.37 8339.96 4845.17 4360.14
18.12 4.28 3.69 2.08 1.53 1.36 1.25 1.24 0.72 0.65
SOV SOV SOV SOV SOV SOV SOV SOV SOV
GOI - 8.24% (15/02/2027) GOI - 8.17% (01/12/2044) GOI - 8.15% (24/11/2026) GOI - 8.13% (22/06/2045) SDL Karnataka 8.40% (27/03/2018) SDL Tamilnadu 8.14% (27/05/2025) Non-Convertible Debentures/Bonds/ZCB 07.50 % Power Finance Corporation 08.90 % Reliance Jio Infocomm Ltd. 08.65 % Indiabulls Housing Finance Ltd. 09.58 % Indiabulls Housing Finance Ltd. 09.36 % Power Finance Corporation 08.70 % Power Finance Corporation 08.72 % Nabha Power Ltd. IL&FS Ltd. - ZCB 09.27 % Talwandi Sabo Power Ltd. 08.71 % Mahindra & Mahindra Financial Services Ltd. 08.77 % LIC Housing Finance Ltd. 09.45 % State Bank Of India 08.67 % IDFC Bank Ltd. 09.32 % Power Finance Corporation 09.30 % Blue Dart Express Ltd. 09.40 % Blue Dart Express Ltd. 09.50 % Blue Dart Express Ltd. Money Market Instruments ICICI Bank Ltd. - CD ICICI Bank Ltd. - CD
Ratings
Market Value Rs. Lakhs
% to NAV
SOV SOV SOV SOV SOV SOV
2929.33 2791.26 1612.54 1115.81 331.40 50.95 13880.59 5011.43 2579.16 2504.80 1513.97 537.69 519.85 404.88 182.32 180.86 131.60
0.44 0.42 0.24 0.17 0.05 0.01 2.07 0.75 0.38 0.37 0.23 0.08 0.08 0.06 0.03 0.03 0.02
90.17 81.47 52.07 50.84 19.57 11.32 8.59 7246.86 4862.43 2384.43
0.01 0.01 0.01 0.01 0.00 0.00 0.00 1.08 0.72 0.36
42919.66 668257.28 2697.02 670954.30
6.40 99.60 0.40 100.00
CRISIL- AAA CARE- AAA CRISIL- AA+ CARE- AAA CRISIL- AAA CRISIL- AAA ICRA- AAA(so) ICRA- AAA CRISIL- AA-(so) IND AAA CRISIL- AAA CRISIL- AAA ICRA- AAA CRISIL- AAA ICRA- AA ICRA- AA ICRA- AA ICRA- A1+ ICRA- A1+
Repo Portfolio Total Cash / Net Current Asset Net Assets ^ Exposure less than 1% has been clubbed under Other Equities
SIP - If you had invested INR 10000 every month Total Amount Invested (Rs.) Total Value as on Sep 30, 2016 (Rs.) Returns Total Value of B: CRISIL Balanced Fund - Aggressive Index B: CRISIL Balanced Fund - Aggressive Index (Inception date: 08-Oct-1995) (First Installment date: 01-Feb-1996)
1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
120,000 131,994 19.03% 129,340 14.73%
360,000 465,880 17.48% 416,469 9.70%
600,000 968,641 19.24% 789,808 10.94%
840,000 1,535,508 16.93% 1,186,899 9.71%
1,200,000 2,802,145 16.18% 1,964,905 9.53%
2,480,000 22,731,986 18.38% 8,358,669 10.56%
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name HDFC Bank Ltd. HCL Technologies Ltd. Infosys Ltd. Glenmark Pharmaceuticals Ltd. Power Grid Corporation Of India Ltd. Zee Entertainment Enterprises Ltd. Reliance Industries Ltd. Kotak Mahindra Bank Asian Paints (India) Ltd. Shree Cement Ltd. Total
Sector Allocation % to NAV 3.79 2.23 2.17 2.13 2.10 2.04 1.94 1.74 1.73 1.65 21.52
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
Banks Pharmaceuticals Software Consumer Non Durables Finance Cement Auto Construction Project Petroleum Products Media & Entertainment Construction Auto Ancillaries Power Consumer Durables Pesticides Industrial Products Retailing Gas Industrial Capital Goods Transportation Minerals/mining Chemicals Textile Products Oil
3.75% 3.21% 2.89% 2.65% 2.41% 2.26% 2.10% 1.55% 1.29% 1.27% 1.23% 0.93% 0.93% 0.67% 0.67% 0.67% 0.65% 0.38%
0.00%
12.06%
6.90% 6.68% 6.01% 5.76% 5.02%
5.00%
V
10.00%
15.00%
NAV Movement 66.10% 27.85% 6.05%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
Name of the Instrument
200 180 160 140 120 100 Sep-13
Tata Balanced Fund - Reg
Sep-14
CRISIL Balanced Fund - Aggressive Index
Sep-15
TATA MUTUAL FUND
Sep-16
20
Tata Regular Savings Equity Fund (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO Company name
INVESTMENT STYLE Predominantly investing in equity and equity related instruments, equity arbitrage opportunities and debt and money market instruments. INVESTMENT OBJECTIVE The investment objective of the scheme is to provide long term capital appreciation and income distribution to the investors by predominantly investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns. DATE OF ALLOTMENT April 27, 2000 FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years)(for equity portfolio) & Akhil Mittal (Managing Since Jul 15 and overall experience of 15 years) (for Arbitrage strategies and Debt Portfolio) BENCHMARK Nifty 50 Index (35%),Crisil Liquid Fund Index (30%), Crisil Short Term Bond Fund Index (35%) NAV : : : : : :
Monthly Dividend Growth Quarterly Dividend Direct - Growth Direct - Monthly Dividend Direct - Quarterly Dividend
14.70 29.04 14.73 30.07 15.00 15.44
FUND SIZE Rs. 85.63 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 84.65 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
548.25% 81.58%
EXPENSE RATIO** Direct Regular
1.14 2.79
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable. VOLATILITY MEASURES
FUND
Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
BENCHMARK
4.88 0.11 0.76 0.69 0.20 0.06
Modified Duration Average Maturity
5.45 0.07 1.00 1.00 0.12 NA : :
0.74 Years 0.93 Years
: :
2.53% 7.05%
Gross Yield to Maturity (For Debt Component) i. Including NCA* ii. Excluding NCA* *NCA - Net Current Assets
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer Pg 49 Total stock in Portfolio
:
18
MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Growth Option: Rs 5,000/- and in multiple of Re.1/- thereafter Dividend Option : Rs 5,000/- and in multiple of Re.1/- thereafter ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 0.25% of the applicable NAV, if redeemed on or before expiry of 90 days from the date of allotment. (w.e.f. Oct 1, 2016)
Equity & Equity Related Total Unhedge Positions Auto Ancillaries Bosch Ltd. Motherson Sumi Systems Ltd. Banks HDFC Bank Ltd. Cement Ultratech Cement Ltd. Grasim Industries Ltd. Construction Project Sadbhav Engineering Ltd. Consumer Durables Century Plyboards (India) Ltd. Consumer Non Durables Heritage Foods Ltd. ITC Ltd. Marico Ltd. Finance Max Financial Services Ltd. Muthoot Finance Ltd. Bajaj Finserv Ltd. Gas Gail ( India ) Ltd. Industrial Products Finolex Cables Ltd. Fag Bearings Ltd. Power Power Grid Corporation Of India Ltd. Software HCL Technologies Ltd. Company name Hedge Positions Reliance Industries Ltd. Reliance Industries Ltd.- Futures HDFC Bank Ltd. HDFC Bank Ltd. - Futures Housing Development Finance Ltd. Housing Development Finance Ltd. - Futures Century Textiles & Industries Ltd. Century Textiles & Industries Ltd. - Futures Aurobindo Pharma Ltd. Aurobindo Pharma Ltd. - Futures Kotak Mahindra Bank Ltd. Kotak Mahindra Bank Ltd. - Futures ITC Ltd. ITC Ltd. - Futures
% to NAV 67.67 17.65 0.94 0.41 0.72 1.40 0.62 0.33 0.58 0.95 0.85 0.43 1.68 1.55 1.54 0.61 1.60 0.48 1.83
% to NAV Derivative
% to NAV 3.15
Infosys Ltd. Infosys Ltd. - Futures Grasim Industries Ltd. Grasim Industries Ltd. - Futures Tata Global Beverages Ltd. Tata Global Beverages Ltd. - Futures Upl Ltd. Upl Ltd. - Futures Lupin Ltd. Lupin Ltd. - Futures Name of the Instrument
-3.13 2.29 -2.30 2.27 -2.29 1.98 -1.99 1.15 -1.15 % to NAV
Ratings
Debt Instruments Government Securities GOI - 7.68% (15/12/2023) Non-Convertible Debentures/Bonds 09.02 % Rural Electrification Corp. Ltd. 08.49 % NHPC Ltd. 09.11 % Power Finance Corporation 09.40 % Rural Electrification Corp. Ltd. 09.04 % Rural Electrification Corp. Ltd. Margin Deposits HDFC Bank Ltd Cash (Placed As Margin Money)
6.08 6.08 13.47 6.07 4.78 1.18 0.83 0.61 11.04 6.95 4.09
SOV CRISIL- AAA ICRA- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA
Repo
3.14
Portfolio Total
101.41
Cash / Net Current Asset
-1.41
Net Assets
100.00
1.12 % to NAV Derivative -50.27
% to NAV 50.03 9.48
-9.53 8.61 -8.69 5.04 -5.06 4.84 -4.87 4.47 -4.49 3.42 -3.43 3.32 -3.33
SIP - If you had invested INR 10000 every month Total Amount Invested (Rs.) Total Value as on Sep 30, 2016 (Rs.) Returns Total Value of B: Nifty 50 Index (35%),Crisil Liquid Fund Index (30%), Crisil Short Term Bond Fund Index (35%) B: Nifty 50 Index (35%),Crisil Liquid Fund Index (30%), Crisil Short Term Bond Fund Index (35%) (Inception date: 27-Apr-2000) (First Installment date: 01-May-2000)
1 Year
3 Year
5 Year
7 Year
120,000 128,288 13.04% 127,146
360,000 405,417 7.87% 411,490
600,000 729,292 7.74% 769,028
840,000 1,089,318 7.31% 1,166,398
10 Year Since Inception 1,200,000 1,708,860 6.87% 1,916,113
1,970,000 3,607,317 6.95% 4,733,312
11.22%
8.88%
9.87%
9.23%
9.05%
9.89%
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark Source: MFI Explorer
Sector Allocation
Top 10 Holdings Equity Issuer Name Power Grid Corporation Of India Ltd. Max Financial Services Ltd. Finolex Cables Ltd. Muthoot Finance Ltd. Bajaj Finserv Ltd. Ultratech Cement Ltd. HCL Technologies Ltd. Heritage Foods Ltd. Bosch Ltd. ITC Ltd. Total
% to NAV 1.83 1.68 1.60 1.55 1.54 1.40 1.12 0.95 0.94 0.85 13.46
Market Capitalisation wise Exposure
Finance Consumer Non Durables Industrial Products Cement Power Auto Ancillaries Software Banks Gas Consumer Durables Construction Project
4.78% 2.23% 2.08% 2.02% 1.83% 1.35% 1.12% 0.72% 0.61% 0.58% 0.33%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
Note 68.87% 25.75% 5.39%
The scheme was earlier known as Tata Monthly Income Fund, effective from 27 July, 2015 the Scheme will be known as Tata Regular Savings Equity Fund. Due to change in type of scheme, investment objective, investment pattern and investment strategy, past performance of the scheme may not be used for prediction of future performance of the scheme.
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
Top 10 Holdings Equity, Sector Allocation and Market Capitalisation wise Exposure represents the unhedged equity positions only.
Large Cap Mid Cap Small Cap
www.tatamutualfund.com
Company name
Returns are given for monthly income option. While calculating returns, dividend distribution tax has been taken care of. The returns given above are for Individual and HUF category. Date of Allotment: 27 April, 2000.
Erstwhile Tata Monthly Income Fund with Asset Allocation of Debt-Equity (90%-10%) restructured as Tata Regular Savings Equity Fund w.e.f. 27 July, 2015 with Asset Allocation of Debt-Equity (35%-65%). The impact of the same is visible in the Portfolio turnover.
TATA MUTUAL FUND
21
Tata Dynamic Bond Fund
[ICRA]AAAmfs rating by ICRA$
(An Open-Ended Debt Scheme)
As on 30th September 2016
PORTFOLIO Name of the Instrument
INVESTMENT STYLE Aims to create a liquid portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity. INVESTMENT OBJECTIVE To provide reasonable returns and high level of liquidity by investing in debt instruments including bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, as permitted by regulation so as to spread the risk across different kinds of issuers in the debt markets. DATE OF ALLOTMENT September 03,2003 FUND MANAGER
Ratings
Market Value Rs. Lakhs
% to NAV
Name of the Instrument
82188.15 33954.96 18680.84 15180.35 10100.05 4162.50 109.45 10019.17 6937.05 2036.07 1046.05
70.74 29.22 16.08 13.07 8.69 3.58 0.09 8.62 5.97 1.75 0.90
Repo
Debt Instruments Government Securities GOI - 7.72% (25/05/2025) SOV GOI - 7.35% (22/06/2024) SOV GOI - 7.59% (20/03/2029) SOV GOI - 7.16% (20/05/2023) SOV GOI - 7.68% (15/12/2023) SOV GOI - 7.72% (26/10/2055) SOV Non-Convertible Debentures/Bonds 09.25 % Reliance Jio Infocomm Ltd. CRISIL- AAA 07.95 % HDFC Bank Ltd. CRISIL- AAA 08.18 % EXIM CRISIL- AAA
Ratings
Market Value Rs. Lakhs
% to NAV
Portfolio Total
22497.50
19.36
114704.82
98.72
1480.95
1.28
Cash / Net Current Asset
116185.77 100.00
Net Assets
Akhil Mittal (Managing Since Jun-14 and overall experience of 15 years) BENCHMARK I-Sec Composite Index NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
25.50 16.48 24.57 15.54
: : : :
FUND SIZE Rs.1161.86 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs.1161.28 (Rs. in Cr.) EXPENSE RATIO** Direct Regular
0.59 1.63
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
2.62 0.93 0.87 0.34 -0.02
2.62 1.00 1.00 0.37 NA
: 4.92 Years 6.99 Years : Gross Yield to Maturity (For Debt Component) Modified Duration Average Maturity
i. Including NCA* ii. Excluding NCA* *NCA - Net Current Assets
: :
6.85% 6.93%
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
10 Year Since Inception 1,560,000
Total Value as on Sep 30, 2016 (Rs.)
127,882
422,188
780,007
1,191,087
1,874,243
2,693,413
Returns
12.41%
10.63%
10.44%
9.81%
8.63%
8.02%
Total Value of B: I-Sec Composite Index
129,316
432,714
790,110
1,206,678
1,958,323
2,860,834
B: I-Sec Composite Index
14.71%
12.33%
10.96%
10.18%
9.46%
8.87%
Total Value of AB: Crisil 10 Yr Gilt Index
129,058
428,896
762,274
1,133,306
1,776,215
2,518,818
AB: Crisil 10 Yr Gilt Index
14.30%
11.72%
9.51%
8.42%
7.61%
7.06%
(Inception date: 03-Sep-2003) (First Installment date: 01-Oct-2003) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Instrument Wise Composition
Composition by Ratings 8.62%
20.64%
20.64%
8.62%
A1+ / AAA
NCD - Non Convertible Deb
SOV
Government Securities
Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 0.50% of NAV if redeemed on or before expiry of 180 days from the date of allotment.
Cash & Cash Equivalents
70.74%
Maturity Ladder Cash & Others
NAV Movement
1.27%
Abv 10 Yrs
150
13.16%
7 - 10 Yrs
57.51%
3 - 7 Yrs 1 - 3 Yrs
8.69%
0.00%
I-Sec Composite Index
140 130 110
19.36% 10.00%
Tata Dynamic Bond Fund - Reg
120
0.00%
0 - 1 Yrs
www.tatamutualfund.com
Cash & Cash Equivalents
70.74%
20.00%
30.00%
40.00%
50.00%
60.00%
100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
22
Tata Income Plus Fund (An Open-Ended Debt Scheme)
As on 30th September 2016
PORTFOLIO Name of the Instrument
INVESTMENT STYLE Aims to invest in longer duration paper in the favourable interest rate scenario. However the average portfolio maturity is subject to internal cap. INVESTMENT OBJECTIVE To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of safety and capital appreciation. DATE OF ALLOTMENT November 11, 2002 FUND MANAGER Akhil Mittal (Managing Since Jun-14 and overall experience of 15 years) BENCHMARK Crisil Composite Bond Fund Index
Ratings
Market Value Rs. Lakhs
% to NAV
5167.64 2081.25 2041.62 1044.77 3107.65 1054.12 1008.85 524.83
51.86 20.89 20.49 10.48 31.19 10.58 10.12 5.27
519.85
5.22
Debt Instruments Government Securities GOI - 7.68% (15/12/2023) SOV GOI - 7.35% (22/06/2024) SOV GOI - 7.72% (25/05/2025) SOV Non-Convertible Debentures/Bonds 09.00 % Aditya Birla Nuvo Ltd. ICRA- AA+ 08.35 % Petronet Lng Ltd. ICRA- AA+ 08.30 % Rural Electrification CRISIL- AAA Corp. Ltd. 08.70 % Power Finance CRISIL- AAA Corporation
Name of the Instrument
Ratings
% to NAV
Market Value Rs. Lakhs
Repo Portfolio Total Cash / Net Current Asset Net Assets
1477.43 14.83 9752.72 97.88 211.72 2.12 9964.44 100.00
NAV Direct - Growth Direct - Bonus Reg - Growth Reg - Dividend
: : : :
25.76 13.35 24.73 12.85
FUND SIZE Rs. 99.64 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 98.20 (Rs. in Cr.) EXPENSE RATIO** Direct Regular
0.62 1.77
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
2.36 1.07 0.94 0.24 -0.11
2.26 1.00 1.00 0.34 NA
: 4.06 Years 5.51 Years : Gross Yield to Maturity (For Debt Component) : i. Including NCA* 6.98% : ii. Excluding NCA* 7.13% *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
1,650,000
Total Value as on Sep 30, 2016 (Rs.)
127,514
416,948
759,411
1,154,955
1,823,829
2,814,358
Returns
11.82%
9.78%
9.36%
8.95%
8.12%
7.40%
Total Value of B: Crisil Composite Bond Fund Index
128,947
430,254
780,821
1,184,427
1,889,290
2,913,537
B: Crisil Composite Bond Fund Index
14.12%
11.93%
10.48%
9.66%
8.78%
7.87%
Total Value of AB: Crisil 10 Yr Gilt Index
129,058
428,896
762,274
1,133,306
1,776,215
2,716,152
AB: Crisil 10 Yr Gilt Index
14.30%
11.72%
9.51%
8.42%
7.61%
6.93%
(Inception date: 11-Nov-2002) (First Installment date: 01-Jan-2003) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark
Rs. 5,000/- and in multiples of Re. 1/- thereafter.
Source: MFI Explorer
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
Composition by Ratings
Rs. 1,000/- and multiples of Re. 1/- thereafter.
Instrument Wise Composition 10.48%
16.96%
16.95%
LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% of NAV if redeemed on or before expiry of 365 days from the date of allotment.
A1+ / AAA 20.70%
31.19%
NCD - Non Convertible Deb
AA+ / AA
Government Securities SOV
Cash & Cash Equivalents
Cash & Cash Equivalents
51.86%
51.86%
Maturity Ladder
NAV Movement Tata Income Plus Fund - Reg
Cash & Others Abv 10 Yrs
0.00%
140
57.13%
3 - 7 Yrs 1 - 3 Yrs
15.80%
110
14.83% 10.00%
20.00%
130 120
10.12%
0 - 1 Yrs 0.00%
Crisil Composite Bond Fund Index
150
2.12%
7 - 10 Yrs
www.tatamutualfund.com
10 Year Since Inception
30.00%
40.00%
50.00%
60.00%
100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
23
Tata Income Fund
[ICRA]AAAmfs rating by ICRA$
(An Open-Ended Debt Scheme)
As on 30th September 2016
PORTFOLIO
INVESTMENT STYLE An income scheme with exposure to rated debt instruments with medium to long term maturity. INVESTMENT OBJECTIVE To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of safety and capital appreciation. DATE OF ALLOTMENT April 28, 1997 FUND MANAGER Akhil Mittal (Managing Since Jun-14 and overall experience of 15 years) BENCHMARK Crisil Composite Bond Fund Index NAV Direct - Growth Direct - Half Yearly Dividend Direct - Quarterly Dividend Direct - Bonus Reg - Growth Reg - Half Yearly Dividend Reg - Quarterly Dividend Reg- Periodic Dividend Reg - Bonus
: : : : : : : : :
50.04 13.04 11.55 15.43 48.87 12.69 11.39 28.33 14.95
Name of the Instrument
Ratings
Market Value Rs. Lakhs
% to NAV
Name of the Instrument
14293.97 4701.46 4682.81 2617.30 1020.81 531.33 446.41 242.67 51.18 1764.32 714.87
74.29 24.43 24.34 13.60 5.31 2.76 2.32 1.26 0.27 9.17 3.72
Repo
533.62
2.77
515.83
2.68
Debt Instruments Government Securities GOI - 7.72% (25/05/2025) SOV GOI - 7.68% (15/12/2023) SOV GOI - 7.59% (20/03/2029) SOV GOI - 7.35% (22/06/2024) SOV SDL Tamilnadu 8.56% (23/01/2023) SOV SDL Gujarat 8.15% (26/11/2025) SOV GOI - 7.88% (19/03/2030) SOV SDL Karnataka 8.05% (25/02/2025) SOV Non-Convertible Debentures/Bonds 09.84 % IOT Utkal Energy CRISIL- AAA(so) Services Ltd. 09.25 % Reliance Jio CRISIL- AAA Infocomm Ltd. 08.90 % Reliance Jio CARE- AAA Infocomm Ltd.
Ratings
Market Value Rs. Lakhs
% to NAV
Portfolio Total
2484.19
12.91
18542.47
96.37
698.72
3.63
Cash / Net Current Asset
19241.19 100.00
Net Assets
FUND SIZE Rs. 192.41 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 195.38 (Rs. in Cr.) EXPENSE RATIO** Direct Regular
1.01 1.92
The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
2.49 1.10 0.89 0.25 -0.10
2.26 1.00 1.00 0.34 NA
: 4.95 Years 6.97 Years : Gross Yield to Maturity (For Debt Component) : i. Including NCA* 6.77% : ii. Excluding NCA* 7.03% *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Half Yearly Dividend Plan, Periodic Dividend Plan, Growth Plan, Bonus Plan: Rs. 5,000/- and in multiples of Re. 1/- thereafter. Quarterly Dividend Plan: Rs. 10,000/- and in multiples of Re. 1/- thereafter.
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
2,300,000
Total Value as on Sep 30, 2016 (Rs.)
127,565
419,695
767,532
1,167,165
1,823,523
5,038,608
Returns
11.90%
10.23%
9.79%
9.24%
8.11%
7.58%
Total Value of B: Crisil Composite Bond Fund Index
128,947
430,254
780,821
1,184,427
1,889,290
4,678,658
B: Crisil Composite Bond Fund Index
14.12%
11.93%
10.48%
9.66%
8.78%
6.90%
Total Value of AB: Crisil 10 Yr Gilt Index
129,058
428,896
762,274
1,133,306
1,776,215
4,630,407
AB: Crisil 10 Yr Gilt Index
14.30%
11.72%
9.51%
8.42%
7.61%
6.81%
(Inception date: 28-Apr-1997) (First Installment date: 01-Aug-1997) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer Instrument Wise Composition
Composition by Ratings 9.17%
16.54%
16.54%
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
A1+ / AAA
9.17% NCD - Non Convertible Deb
5.35%
Rs. 1,000/- and multiples of Re. 1/- thereafter.
Government Securities
SOV
LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 1% if redeemed before expiry of 365 days from the date of allotment(w.e.f. 1st July, 2014)
State Development Loans
Cash & Cash Equivalents
Cash & Cash Equivalents 68.94%
74.29%
Maturity Ladder Cash & Others
NAV Movement 3.63%
150
Abv 10 Yrs
14.86%
3 - 7 Yrs 1 - 3 Yrs
59.44% 7.19%
0.00%
130 110
12.91% 10.00%
Crisil Composite Bond Fund Index
120
1.97%
0 - 1 Yrs
Tata Income Fund - Reg
140
7 - 10 Yrs
www.tatamutualfund.com
10 Year Since Inception
20.00%
30.00%
40.00%
50.00%
60.00%
100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
24
Tata Short Term Bond Fund
[ICRA]AAAmfs rating by ICRA$
(An Open-Ended Debt Scheme)
As on 30th September 2016
PORTFOLIO Name of the Instrument
INVESTMENT STYLE A debt scheme that invests in short term debt instruments having high level of liquidity. INVESTMENT OBJECTIVE To create a liquid portfolio of debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unitholders. DATE OF ALLOTMENT August 8, 2002 FUND MANAGER Akhil Mittal (Managing Since Jun-14 and overall experience of 15 years) BENCHMARK Crisil Short Term Bond Fund Index NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
: : : :
30.28 14.90 29.52 14.54
FUND SIZE Rs. 5773.31 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 6054.07 (Rs. in Cr.) EXPENSE RATIO** Direct Regular
0.25 1.08
**Note: The rates specified are the actual weighted average
expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees .The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
0.98 1.30 0.93 0.17 -0.07
0.77 1.00 1.00 0.23 NA
: 1.88 Years 2.48 Years : Gross Yield to Maturity (For Debt Component) : i. Including NCA* 7.07% : ii. Excluding NCA* 7.25% *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT
Debt Instruments Government Securities GOI - 7.16% (20/05/2023) GOI - 8.08% (02/08/2022) GOI - 7.72% (25/05/2025) GOI - 7.35% (22/06/2024) GOI - 7.68% (15/12/2023) GOI - 8.27% (09/06/2020) Non-Convertible Debentures/Bonds/ZCB 08.05 % NABARD 08.28 % Rural Electrification Corp. Ltd. 08.39 % HDFC Ltd. 08.70 % LIC Housing Finance Ltd. 08.55 % Reliance Jio Infocomm Ltd. 08.90 % Reliance Jio Infocomm Ltd. 08.80 % Tata Capital Financial Services Ltd. 09.25 % Reliance Jio Infocomm Ltd. 08.35 % Nabha Power Ltd. 07.95 % Power Finance Corporation 08.38 % HDFC Ltd. 07.88 % Power Finance Corporation 07.83 % EXIM 08.67 % Kotak Mahindra Investments Ltd. 09.15 % Ultratech Cement Ltd. 08.39 % Power Finance Corporation 08.20 % Power Grid Corporation Of India Ltd. 08.36 % Power Finance Corporation 08.60 % HDFC Ltd. 09.65 % HDFC Ltd. 08.73 % LIC Housing Finance Ltd. 08.58 % HDB Financial Services Ltd. 08.35 % LIC Housing Finance Ltd. 08.17 % Power Finance Corporation 07.90 % NABARD 08.10 % Reliance Jio Infocomm Ltd. 08.02 % LIC Housing Finance Ltd. 07.95 % HDFC Ltd. 07.81 % LIC Housing Finance Ltd. 08.70 % Citicorp Finance Ltd. 08.40 % Tata Motors Ltd. 09.10 % Tata Motors Finance Ltd. 08.38 % LIC Housing Finance Ltd. 08.50 % Power Finance Corporation 08.80 % Kotak Mahindra Investments Ltd. 08.45 % HDFC Ltd. 09.76 % LIC Housing Finance Ltd. 09.65 % LIC Housing Finance Ltd. 09.50 % IDFC Bank Ltd.
Source: MFI Explorer
: 0.25% of NAV if redeemed on or before expiry of 7 days from the date of allotment.
SOV SOV SOV SOV SOV SOV CRISIL- AAA CRISIL- AAA CRISIL- AAA CARE- AAA CRISIL- AAA CARE- AAA CRISIL- AA+ CRISIL- AAA ICRA- AAA(so) CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AA CRISIL- AA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA CRISIL- AAA ICRA- AAA
% to NAV
2532.3 2526.95 2517.92 2516.96 2512.25 2510.87 2155.08 2076.28 1535.03 1528.43 1010.78 606.39 217.25 204.75 191.87 150.60 30.13 10.01 10028.25 10028.25 128435.58 19440.40 9687.25 7387.78 7313.00 7283.53 7166.33 7145.48 7020.68 4935.98 4934.40 4913.42 4862.72 4856.62 4853.88 4765.54 4762.36 4746.06 4701.13 2818.94 2425.00 2415.08
0.44 0.44 0.44 0.44 0.44 0.43 0.37 0.36 0.27 0.26 0.18 0.11 0.04 0.04 0.03 0.03 0.01 0.00 1.74 1.74 22.25 3.37 1.68 1.28 1.27 1.26 1.24 1.24 1.22 0.85 0.85 0.85 0.84 0.84 0.84 0.83 0.82 0.82 0.81 0.49 0.42 0.42
30607.42 565889.73 11441.19832 577330.9283
5.30 98.02 1.98 100
ICRA- AAA(so) 08.30 % Nabha Power Ltd. ICRA- AAA(so) 08.32 % Nabha Power Ltd. CRISIL- AAA 08.30 % LIC Housing Finance Ltd. CRISIL- AAA 08.18 % LIC Housing Finance Ltd. CRISIL- AAA 07.80 % NABARD CRISIL- AAA 07.96 % LIC Housing Finance Ltd. CRISIL- AAA(so) 09.84 % IOT Utkal Energy Services Ltd. CRISIL- AAA 09.35 % LIC Housing Finance Ltd. CRISIL- AAA 08.15 % Power Grid Corporation Of India Ltd. CRISIL- AAA 09.25 % HDFC Ltd. CRISIL- AAA 09.22 % LIC Housing Finance Ltd. CRISIL- AAA Kotak Mahindra Investments Ltd. - Zcb ICRA- AAA HDFC Ltd. - ZCB CRISIL- AAA 09.85 % Rural Electrification Corp. Ltd. CRISIL- AAA 09.69 % LIC Housing Finance Ltd. CRISIL- AAA 09.06 % HDB Financial Services Ltd. CRISIL- AAA 08.12 % Power Finance Corporation ICRA- AAA 09.05 % Rural Electrification Corp. Ltd. Privately Placed/Unlisted IND AAA 08.35 % Daimler Financial Services India Private Ltd. Money Market Instruments CRISIL- A1+ UCO Bank - CD CRISIL- A1+ EXIM - CP IND A1+ Daimler Financial Services India Private Ltd. - CP CRISIL- A1+ IDBI Bank Ltd. - CD CRISIL- A1+ Indusind Bank Ltd. - CD ICRA- A1+ ICICI Bank Ltd. - CD ICRA- A1+ HDFC Ltd. - CP ICRA- A1+ ICICI Bank Ltd. - CD CRISIL- A1+ Axis Bank Ltd. - CD CRISIL- A1+ UCO Bank - CD CRISIL- A1+ UCO Bank - CD CARE- A1+ Andhra Bank - CD CARE- A1+ Andhra Bank - CD CRISIL- A1+ Corporation Bank - CD CRISIL- A1+ DBS Bank Ltd. - CD IND A1+ Daimler Financial Services India Private Ltd. - CP ICRA- A1+ ICICI Bank Ltd. - CD IND A1+ Daimler Financial Services India Private Ltd. - CP CRISIL- A1+ Canara Bank - CD CRISIL- A1+ Axis Bank Ltd. - CD CRISIL- A1+ Axis Bank Ltd. - CD Repo Portfolio Total Cash / Net Current Asset Net Assets
1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
120,000
360,000
600,000
840,000
1,200,000
1,690,000
126,024
413,257
757,914
1,160,209
1,887,298
3,158,250
9.44%
9.17%
9.28%
9.08%
8.76%
8.41%
126,523
416,026
760,730
1,159,714
1,872,660
3,057,419
10.24%
9.63%
9.43%
9.06%
8.62%
7.99%
124,810
406,060
729,113
1,093,501
1,709,069
2,710,655
7.52%
7.98%
7.73%
7.42%
6.88%
6.42%
Instrument Wise Composition
Composition by Ratings
7.30%
7.29% A1+ / AAA
15.34%
NCD - Non Convertible Deb
16.41%
Government Securities
AA+ / AA 3.19%
Zero Coupon Bonds 5.83% 0.14%
SOV
54.98%
15.34%
Maturity Ladder Cash & Others Abv 10 Yrs
1.98%
140
Crisil Short Term Bond Fund Index
124
18.60%
38.78%
1 - 3 Yrs 0 - 1 Yrs
32.77% 10.00%
Tata Short Term Bond Fund - Reg
132
7.87%
3 - 7 Yrs
0.00%
Cash & Cash Equivalents
NAV Movement
0.00%
7 - 10 Yrs
Commercial Papers Certificate Of Deposit
Cash & Cash Equivalents 74.18%
www.tatamutualfund.com
Ratings Market Value Rs. Lakhs
*B: Benchmark, AB: Additional Benchmark
LOAD STRUCTURE : Not Applicable
15.34 6.21 3.01 2.26 2.03 1.81 0.01 53.39 3.48 3.04 2.28 2.20 2.20 2.05 1.76 1.76 1.75 1.75 1.75 1.74 1.74 1.31 1.14 1.14 1.07 1.07 1.06 0.90 0.89 0.88 0.88 0.88 0.88 0.87 0.87 0.87 0.87 0.87 0.79 0.64 0.61 0.61 0.61 0.53 0.45 0.45 0.45
Name of the Instrument
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
Exit Load
88586.09 35855.18 17391.74 13059.60 11739.33 10477.42 62.82 308232.40 20078.44 17577.61 13165.28 12696.81 12679.35 11864.11 10165.25 10138.77 10126.68 10125.38 10080.05 10050.51 10030.61 7560.87 6603.77 6597.89 6188.74 6166.49 6099.51 5185.04 5131.72 5071.91 5070.08 5068.23 5059.55 5038.03 5032.85 5019.43 5006.82 5000.67 4580.42 3692.16 3542.57 3541.79 3520.47 3046.84 2602.27 2597.93 2593.65
Total Amount Invested (Rs.) Total Value as on Sep 30, 2016 (Rs.) Returns Total Value of B: Crisil Short Term Bond Fund Index B: Crisil Short Term Bond Fund Index Total Value of AB: Crisil 1 Yr T-Bill Index AB: Crisil 1 Yr T-Bill Index (Inception date: 08-Aug-2002) (First Installment date: 01-Sep-2002)
For scheme performance refer pages 37-46.
Entry Load
% to NAV
SIP - If you had invested INR 10000 every month
Rs. 5,000/- and in multiples of Re. 1/- thereafter.
Rs. 1,000/- and multiples of Re. 1/- thereafter.
Ratings Market Value Rs. Lakhs
20.00%
30.00%
40.00%
116 108 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
25
Tata Treasury Manager Fund
[ICRA]AAAmfs rating by ICRA$
(An Open-Ended Debt Scheme)
As on 30th September 2016
PORTFOLIO
INVESTMENT STYLE A debt scheme which aims is to generate reasonable returns alongwith liquidity by investing predominantly in a portfolio of money market and other short term debt instruments. INVESTMENT OBJECTIVE To generate reasonable returns alongwith liquidity by investing predominantly in a portfolio of money market and other short term debt instruments. DATE OF ALLOTMENT July 13, 2007 FUND MANAGER Amit Somani (Managing Since May-14 and overall experience of 15 years) BENCHMARK Crisil Short Term Bond Fund Index NAV Direct - Growth Direct - Monthly Dividend Direct - Weekly Dividend Direct - Daily Dividend Reg - Growth Reg - Monthly Dividend Reg - Weekly Dividend Reg - Daily Dividend
: : : : : : :
2123.17 1002.01 1012.49 1008.51 2072.68 1001.97 1011.52 1008.48
FUND SIZE Rs. 437.49 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 447.60 (Rs. in Cr.) EXPENSE RATIO** Direct Regular
0.30 1.00
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
0.47 0.55 0.69 0.28 0.02
0.77 1.00 1.00 0.24 NA
Modified Duration : 0.86 Years : 0.96 Years Average Maturity Gross Yield to Maturity (For Debt Component) i. Including NCA* : 7.36% ii. Excluding NCA* : 7.49% *NCA - Net Current Assets Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016
Name of the Instrument
Ratings Market Value % to Rs. Lakhs NAV
Debt Instruments Non-Convertible Debentures/Bonds 08.84 % Power Grid Corporation Of India Ltd. 08.55 % Reliance Jio Infocomm Ltd. 08.39 % HDFC Ltd. 09.10 % Tata Motors Finance Ltd. 08.28 % Rural Electrification Corp. Ltd. 09.28 % Indiabulls Housing Finance Ltd. 08.40 % L & T Infrastucture Finance Co Ltd. 09.35 % Piramal Enterprises Ltd. 09.32 % Tata Power Company Ltd. Privately Placed/Unlisted 08.35 % Daimler Financial Services India Private Ltd. Money Market Instruments Small Indust Develop Bank Of India - CP Piramal Finance Pvt. Ltd. - CP UCO Bank - CD Canara Bank - CD ICICI Bank Ltd. - CD DBS Bank Ltd. - CD Andhra Bank - CD Axis Bank Ltd. - CD
CRISIL- AAA
19684.60 2537.58
44.99 5.80
CRISIL- AAA CRISIL- AAA CRISIL- AA CRISIL- AAA CRISIL- AA+
2535.87 2531.79 2521.97 2511.09 2506.70
5.80 5.79 5.76 5.74 5.73
ICRA- AA+
2013.40
4.60
ICRA- AA CRISIL- AAIND AAA
1509.39 1016.81 2507.06 2507.06
3.45 2.32 5.73 5.73
CARE- A1+
19830.00 2469.82
45.33 5.65
ICRA- A1+ CRISIL- A1+ CRISIL- A1+ ICRA- A1+ CRISIL- A1+ CARE- A1+ CRISIL- A1+
2466.96 2456.71 2430.56 2428.59 2384.09 2362.17 2344.65
5.64 5.62 5.56 5.55 5.45 5.40 5.36
Name of the Instrument
Ratings
EXIM - CD Fixed Deposit Bandhan Bank
CRISIL- A1+
% to NAV
Market Value Rs. Lakhs
Repo Portfolio Total Cash / Net Current Asset Net Assets
486.45 850.00 850.00
1.11 1.94 1.94
101.31 0.23 42972.97 98.22 776.50 1.78 43749.47 100.00
SIP - If you had invested INR 10000 every month 1 Year Total Amount Invested (Rs.) 120,000 Total Value as on Sep 30, 2016 (Rs.) 125,330 Returns 8.34% Total Value of B: Crisil Short Term Bond Fund Index 126,523 B: Crisil Short Term Bond Fund Index 10.24% Total Value of AB: Crisil 1 Yr T-Bill Index 124,810 AB: Crisil 1 Yr T-Bill Index 7.52% (Inception date: 13-Jul-2007) (First Installment date: 01-Aug-2007)
3 Year
5 Year
7 Year
360,000 408,477 8.38% 416,036 9.63% 406,066 7.98%
600,000 744,494 8.57% 760,743 9.43% 729,131 7.73%
840,000 1,139,682 8.58% 1,159,727 9.06% 1,093,519 7.42%
10 Year Since Inception NA NA NA NA NA NA NA
1,100,000 1,631,576 8.37% 1,657,323 8.70% 1,526,774 6.98%
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
For calculation methodology please refer Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT
2.32%
Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
Instrument Wise Composition
Composition by Ratings
3.96%
3.95%
: Not Applicable : Nil
50.72%
AA-
LOAD STRUCTURE
Exit Load
Cash & Cash Equivalents
Cash & Others Abv 5 Yrs 3 - 5 Yrs 2 - 3 Yrs 1 - 2 Yrs 6 - 12 Mths 3 - 6 Mths 1 - 3 Mths 0 - 1 Mths
11.28%
NAV Movement
1.78% 0% 0.00%
0.00%
Certificate Of Deposit Cash & Cash Equivalents
74.18%
Maturity Ladder
www.tatamutualfund.com
Commercial Papers
34.04%
AA+ / AA
Rs. 1,000/- and multiples of Re. 1/- thereafter.
Entry Load
NCD - Non Convertible Deb
A1+ / AAA
19.55%
Tata Treasury Manager Fund - Reg 10.39% 25.42% 25.39% 23.57% 11.28%
2.17% 5.00%
Crisil Short Term Bond Fund Index
140
10.00%
15.00%
20.00%
25.00%
30.00%
132 124 116 108 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
26
Tata Floater Fund
[ICRA]AAAmfs rating by ICRA$
(An Open-Ended Debt Scheme)
As on 30th September 2016
PORTFOLIO
INVESTMENT STYLE A debt scheme investing in good quality floating rate debt instruments, money market instruments and in fixed rate debt instruments, which can also be swapped for floating Rate Returns.
Name of the Instrument
Ratings Market Value Rs. Lakhs
% to NAV
Name of the Instrument Axis Bank Ltd. - CD
Debt Instruments Non-Convertible Debentures/Bonds
136376.00
34.18
Ratings
Market Value Rs. Lakhs
% to NAV
CRISIL- A1+
9729.70
2.44
Small Indust Devlop Bank Of India - CD
CARE- A1+
9713.24
2.43
ICRA- A1+
9705.50
2.43
CRISIL- A1+
9704.32
2.43
ICRA- A1+
9360.90
2.35
CRISIL- A1+
7296.42
1.83
CARE- A1+
7284.92
1.83
CRISIL- A1+
7152.27
1.79
08.65 % Indiabulls Housing Finance Ltd.
CRISIL- AA+
17533.60
4.39
Piramal Enterprises Ltd. - CP
INVESTMENT OBJECTIVE To generate stable returns with a low interest rate risk strategy by creating a portfolio that is predominantly invested in good quality floating rate debt instruments, money market instruments and in fixed rate debt instruments which can also be swapped for floating rate returns.
08.80 % Tata Capital Financial Services Ltd.
CRISIL- AA+
10165.25
2.55
Bank Of Maharashtra - CD
08.99 % Credila Financial Services Pvt Ltd.
CRISIL- AA+
10068.98
2.52
ICICI Bank Ltd. - CD
ICRA- AA
7598.72
1.90
Corporation Bank - CD
ICRA- AAA(so)
7595.92
1.90
Andhra Bank - CD
ICRA- AA
7546.94
1.89
DBS Bank Ltd. - CD
07.83 % EXIM
CRISIL- AAA
7522.96
1.89
Andhra Bank - CD
CARE- A1+
4929.30
1.24
08.91 % Power Finance Corporation
CRISIL- AAA
6088.82
1.53
IDBI Bank Ltd. - CD
CRISIL- A1+
4884.09
1.22
DATE OF ALLOTMENT
08.55 % Reliance Jio Infocomm Ltd.
CRISIL- AAA
5071.74
1.27
IDBI Bank Ltd. - CD
CRISIL- A1+
4883.21
1.22
08.38 % HDFC Ltd.
CRISIL- AAA
5068.19
1.27
IDBI Bank Ltd. - CD
CRISIL- A1+
4877.08
1.22
CRISIL- AA
5066.18
1.27
NABARD - CD
CRISIL- A1+
4875.85
1.22
CRISIL- AAA
5059.99
1.27
Corporation Bank - CD
4848.70
ICRA- AA+
5033.49
1.26
JM Financial Products Ltd. - CP
09.15 % Tata Clean Tech Capital Ltd.
CRISIL- AA+
5032.56
1.26
DBS Bank Ltd. - CD
09.28 % Indiabulls Housing Finance Ltd.
CRISIL- AA+
5013.56
1.26
09.05 % HDFC Ltd.
CRISIL- AAA
3553.59
0.89
HDFC Ltd. - CP Daimler Financial Services India Private Ltd. - CP Axis Bank Ltd. - CD Daimler Financial Services India Private Ltd. - CP Ford Credit India Pvt. Ltd. - CP Small Indust Devlop Bank Of India - CP JM Financial Products Ltd. - CP Corporation Bank - CD ICICI Bank Ltd. - CD Axis Bank Ltd. - CD JM Financial Products Ltd. - CP ICICI Bank Ltd. - CD Axis Bank Ltd. - CD Andhra Bank - CD Treasury Bill 91 Days (24/11/2016)
CRISIL- A1+ CRISIL- A1+ CRISIL- A1+ ICRA- A1+ IND A1+ CRISIL- A1+ IND A1+ IND A1+ CARE- A1+ CRISIL- A1+ CRISIL- A1+ ICRA- A1+ CRISIL- A1+ ICRA- A1+ ICRA- A1+ CRISIL- A1+ CARE- A1+ SOV
4847.31 4765.54 4763.65 4762.36 4742.26 4701.13 2474.44 2460.71 2438.25 2435.19 2429.46 2425.00 2420.21 2388.78 2379.94 2362.17 78.05
1.22 1.21 1.19 1.19 1.19 1.19 1.18 0.62 0.62 0.61 0.61 0.61 0.61 0.61 0.60 0.60 0.59 0.02
8909.95 395400.15 3585.73 398985.88
2.23 99.1 0.9 100
September 6, 2005
09.13 % Cholamandalam Invt & Fin Co Ltd. 08.35 % Nabha Power Ltd. 09.35 % Piramal Enterprises Ltd.
09.25 % Tata Motors Finance Ltd.
FUND MANAGER
08.57 % HDFC Ltd.
Akhil Mittal (Managing Since Jun-14 and overall experience of 15 years)
08.40 % L & T Infrastucture Finance Co Ltd.
BENCHMARK Crisil Liquid Fund Index
09.10 % Tata Motors Finance Ltd.
CRISIL- AA
3530.76
0.88
09.06 % Rural Electrification Corp. Ltd.
CRISIL- AAA
3251.79
0.82
09.25 % Rural Electrification Corp. Ltd.
CRISIL- AAA
2542.59
0.64
09.11 % Power Finance Corporation
CRISIL- AAA
2531.42
0.63
08.10 % Reliance Jio Infocomm Ltd.
CRISIL- AAA
2519.02
0.63
08.30 % LIC Housing Finance Ltd.
CRISIL- AAA
2517.92
0.63
09.18 % Steel Authority Of India Ltd.
IND AA
2020.04
0.51
07.88 % Power Finance Corporation
CRISIL- AAA
2010.10
0.50
09.28 % Power Finance Corporation
CRISIL- AAA
1021.33
0.26
08.90 % Power Finance Corporation
CRISIL- AAA
1015.03
0.25
09.32 % Tata Power Company Ltd.
CRISIL- AA-
203.36
0.05
09.70 % Kotak Mahindra Prime Ltd.
CRISIL- AAA
91.01
0.02
09.30 % Power Finance Corporation
MONTHLY AVERAGE AUM
CRISIL- AAA
50.85
0.01
08.35 % Power Finance Corporation
CRISIL- AAA
50.29
0.01
Rs. 4400.28 (Rs. in Cr.)
Money Market Instruments
250114.20
62.69
CARE- A1+
17418.28
4.37
NAV Direct - Growth Direct - Dividend Direct - Weekly Div Direct - Daily Dividend Reg - Growth Reg - Dividend Reg - Weekly Div Reg - Daily Dividend
: : : : : : :
2390.38 1516.34 1008.92 1003.53 2376.94 1508.09 1008.90 1003.53
FUND SIZE Rs. 3989.86 (Rs. in Cr.)
Small Indust Devlop Bank Of India - CD
EXPENSE RATIO** Direct Regular
0.15 0.35
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
0.40 1.04 0.73 0.18 0.02
0.33 1.00 1.00 0.16 NA
: 9.08 Months : 10.31 Months Gross Yield to Maturity (For Debt Component) : i. Including NCA* 7.24% : ii. Excluding NCA* 7.31% *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT
UCO Bank - CD
CRISIL- A1+
14740.26
3.69
IL&FS Financial Ser Ltd. - CP
ICRA- A1+
14618.96
3.66
Andhra Bank - CD
CARE- A1+
11859.99
2.97
IDFC Bank Ltd. - CD
ICRA- A1+
9885.51
2.48
Axis Bank Ltd. - CD
CRISIL- A1+
9871.96
2.47
ICRA- A1+
9867.83
2.47
CRISIL- A1+
9731.46
2.44
Piramal Finance Pvt. Ltd. - CP IDBI Bank Ltd. - CD
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
1,320,000
Total Value as on Sep 30, 2016 (Rs.)
125,577
410,713
751,830
1,154,713
1,871,887
2,149,126
8.73%
8.75%
8.96%
8.94%
8.61%
8.53%
124,925
407,163
742,403
1,131,412
1,808,840
2,067,097
Returns Total Value of B: Crisil Liquid Fund Index Total Value of AB: Crisil 1 Yr T-Bill Index
8.45%
8.37%
7.96%
7.87%
729,131
1,093,519
1,709,089
1,937,791
7.52%
7.98%
7.73%
7.42%
6.88%
6.76%
(Inception date: 06-Sep-2005) (First Installment date: 01-Oct-2005) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Instrument Wise Composition
Composition by Ratings 0.05% 0.02%
3.13%
3.13%
NCD - Non Convertible Deb
A1+ / AAA
34.18%
AA+ / AA
19.70%
AA-
: Not Applicable
77.10%
Certificate Of Deposit 0.02%
Cash & Cash Equivalents
Maturity Ladder
www.tatamutualfund.com
NAV Movement
0.90% 0% 0.00%
0.00%
Cash & Cash Equivalents
15.81%
: NIL
Cash & Others Abv 5 Yrs 3 - 5 Yrs 2 - 3 Yrs 1 - 2 Yrs 6 - 12 Mths 3 - 6 Mths 1 - 3 Mths 0 - 1 Mths
Treasury Bills Commercial Papers
46.86%
SOV
LOAD STRUCTURE
Exit Load
8.17% 406,066
AB: Crisil 1 Yr T-Bill Index
Rs. 1,000/- and multiples of Re. 1/- thereafter.
Entry Load
7.70% 124,810
B: Crisil Liquid Fund Index
Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
Repo Portfolio Total Cash / Net Current Asset Net Assets
2.23%
130 11.35% 13.26%
20.00%
Crisil Liquid Fund Index
124 118 28.79%
9.30% 10.00%
Tata Floater Fund - Reg
30.00%
34.17%
40.00%
112 106 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
27
Tata Money Market Fund
[ICRA]A1+mfs rating by ICRA$
(An Open-Ended Debt Scheme)
As on 30th September 2016
PORTFOLIO Name of the Instrument
INVESTMENT STYLE A money market scheme (liquid fund category) that invests 100% of its net assets in Money market securities. INVESTMENT OBJECTIVE To create a highly liquid portfolio of money market instruments so as to provide reasonable returns and high liquidity to the unitholders. DATE OF ALLOTMENT September 01,2004 FUND MANAGER Amit Somani (Managing Since Oct-13 and overall experience of 15 years) BENCHMARK Crisil Liquid Fund Index NAV Direct - Growth Direct - Daily Dividend Reg - Growth Reg - Daily Dividend
: : : :
2478.89 1001.52 2470.88 1001.52
FUND SIZE Rs. 7134.85 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 8500.42 (Rs. in Cr.) EXPENSE RATIO** 0.10 0.15
Direct Regular
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
0.23 0.61 0.74 0.26 0.07
0.33 1.00 1.00 0.15 NA
: 1.84 Months : 1.84 Months Gross Yield to Maturity (For Debt Component) : i. Including NCA* 6.91% : ii. Excluding NCA* 6.91% *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter.
Ratings Market Value Rs. Lakhs
Debt Instruments Money Market Instruments SOV Treasury Bill 91 Days (29/12/2016) CARE- A1+ Small Indust Devlop Bank Of India - CP ICRA- A1+ IDFC Bank Ltd. - CD CRISIL- A1+ Dena Bank - CD CARE- A1+ Reliance Jio Infocomm Ltd. - CP CRISIL- A1+ The South Indian Bank Ltd. - CD CARE- A1+ L & T Finance Ltd. - CP ICRA- A1+ Allahabad Bank - CD ICRA- A1+ State Bank Of Patiala - CD SOV Treasury Bill 364 Days (24/11/2016) CRISIL- A1+ National Fertilizers Ltd. - CP CRISIL- A1+ Indiabulls Housing Finance Ltd. - CP ICRA- A1+ Punjab & Sind Bank - CD ICRA- A1+(so) Nabha Power Ltd. - CP CRISIL- A1+ Oriental Bank Of Commerce - CD CRISIL- A1+ Muthoot Finance Ltd. - CP IND A1+ Indian Bank - CD ICRA- A1+ Piramal Finance Pvt. Ltd. - CP CRISIL- A1+ STCI Finance Ltd. - CP SOV Treasury Bill 364 Days (08/12/2016) ICRA- A1+ Piramal Finance Pvt. Ltd. - CP ICRA- A1+ Piramal Enterprises Ltd. - CP CRISIL- A1+ Muthoot Finance Ltd. - CP CRISIL- A1+ Century Textiles & Industries Ltd. - CP CRISIL- A1+ Indusind Bank Ltd. - CD CRISIL- A1+ Manappuram Finance Ltd. - CP ICRA- A1+ Allahabad Bank - CD Network 18 Media & Investments Ltd. - CP ICRA- A1+ ICRA- A1+ Deepak Fert.& Petrochem. Corp Ltd. - CP CRISIL- A1+ TVS Credit Services Ltd. - CP CRISIL- A1+ HT Media Ltd. - CP SOV Treasury Bill 91 Days (01/12/2016) CRISIL- A1+ Manappuram Finance Ltd. - CP
% to NAV
718161.73 43558.52 42236.89 37319.26 37105.35 34752.81 32298.97 29682.68 29657.58 27360.61 26742.93 25746.42 24761.68 24715.50 19800.28 19792.64 19772.48 19759.08 17285.47 14860.02 14823.21 12334.78 9991.08 9976.04 9949.68 9929.41 9898.94 9896.75 9879.94 9872.25 9871.76 8970.13 7420.76 7393.13
100.66 6.11 5.92 5.23 5.20 4.87 4.53 4.16 4.16 3.83 3.75 3.61 3.47 3.46 2.78 2.77 2.77 2.77 2.42 2.08 2.08 1.73 1.40 1.40 1.39 1.39 1.39 1.39 1.38 1.38 1.38 1.26 1.04 1.04
Name of the Instrument
Ratings Market Value Rs. Lakhs
JM Financial Asset Reconstruction Co. Pvt.ltd. - CP Manappuram Finance Ltd. - CP JM Financial Asset Reconstruction Co. Pvt.ltd. - CP L & T Finance Ltd. - CP Network 18 Media & Investments Ltd. - CP Fedbank Financial Services Ltd. - CP TVS Credit Services Ltd. - CP Deepak Fert.& Petrochem. Corp Ltd. - CP Punjab & Sind Bank - CD Rural Electrification Corp. Ltd. - CP Treasury Bill 91 Days (17/11/2016) Treasury Bill 91 Days (03/11/2016) Treasury Bill 91 Days (24/11/2016) Treasury Bill 91 Days (08/12/2016) Fixed Deposit Bandhan Bank
: Not Applicable
Exit Load
: Nil
7375.14
1.03
CRISIL- A1+ CRISIL- A1+
7373.26 4982.79
1.03 0.70
CARE- A1+ ICRA- A1+ CRISIL- A1+ CRISIL- A1+ ICRA- A1+ ICRA- A1+ CRISIL- A1+ SOV SOV SOV SOV
4946.78 4938.46 4936.57 4926.16 3950.40 2474.08 2470.64 991.65 777.43 399.35 201.99 38000.00 38000.00
0.69 0.69 0.69 0.69 0.55 0.35 0.35 0.14 0.11 0.06 0.03 5.33 5.33 0.07 106.06 -6.06 100
503.38 756665.11 -43179.64 713485.47
SIP - If you had invested INR 10000 every month Total Amount Invested (Rs.) Total Value as on Sep 30, 2016 (Rs.) Returns Total Value of B: Crisil Liquid Fund Index B: Crisil Liquid Fund Index Total Value of AB: Crisil 1 Yr T-Bill Index AB: Crisil 1 Yr T-Bill Index (Inception date: 01-Sep-2004) (First Installment date: 01-Oct-2004)
1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
120,000 124,989 7.79% 124,932 7.70% 124,838 7.55%
360,000 407,788 8.26% 407,221 8.16% 406,117 7.98%
600,000 745,868 8.63% 742,521 8.45% 729,240 7.73%
840,000 1,143,905 8.67% 1,131,587 8.37% 1,093,678 7.42%
1,200,000 1,847,010 8.35% 1,809,157 7.96% 1,709,391 6.88%
1,440,000 2,407,850 8.21% 2,338,524 7.76% 2,177,920 6.65%
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Composition by Ratings 13.30%
Instrument Wise Composition
-0.65%
-0.65%
13.30%
A1+ / AAA
35.08%
SOV
Certificate Of Deposit Cash & Cash Equivalents 52.27%
87.35%
NAV Movement
Maturity Ladder Cash & Others
Treasury Bills Commercial Papers
Cash & Cash Equivalents
-6.05%
130
2 - 3 Mths
43.72%
1 - 2 Mths
46.91%
Abv 15 - 30 Days
12.42%
Abv 7 - 15 Days
1.40%
1 - 7 Days
1.61%
-20.00%
www.tatamutualfund.com
CRISIL- A1+
Repo Portfolio Total Net Current Liabilities Net Assets
LOAD STRUCTURE Entry Load
% to NAV
0.00%
Tata Money Market Fund - Reg
Crisil Liquid Fund Index
124 118 112 106
20.00%
40.00%
60.00%
100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
28
Tata Liquid Fund
[ICRA]A1+mfs rating by ICRA$
(An Open-Ended Liquid Scheme)
As on 30th September 2016
PORTFOLIO Name of the Instrument
INVESTMENT STYLE A high liquidity income scheme that aims to generate reasonable returns. INVESTMENT OBJECTIVE To create a highly liquid portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and high liquidity to the unitholders. DATE OF ALLOTMENT May 22, 2003 FUND MANAGER Amit Somani (Managing Since Oct-13 and overall experience of 15 years) BENCHMARK Crisil Liquid Fund Index NAV Direct - Growth Direct - Monthly Dividend Direct - Weekly Dividend Direct - Daily Dividend Reg - Growth Reg - Monthly Dividend Reg - Weekly Dividend Reg - Daily Dividend
: : : : : : : :
2902.34 1000.44 1001.30 1114.52 2894.12 1000.43 1001.30 1114.52
FUND SIZE Rs. 3964.82 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 4480.34 (Rs. in Cr.) EXPENSE RATIO** 0.10 0.15
Direct Regular
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
0.22 0.57 0.76 0.27 0.06
0.33 1.00 1.00 0.15 NA
: 1.53 Months : 1.53 Months Gross Yield to Maturity (For Debt Component) : i. Including NCA* 6.65% : ii. Excluding NCA* 6.66% *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter.
Debt Instruments Money Market Instruments Treasury Bill 91 Days (01/12/2016) SOV NABARD - CP CRISIL- A1+ State Bank Of Patiala - CD ICRA- A1+ L & T Finance Ltd. - CP CARE- A1+ Andhra Bank - CD CARE- A1+ Treasury Bill 91 Days (27/10/2016) SOV Reliance Jio Infocomm Ltd. - CP CARE- A1+ Allahabad Bank - CD ICRA- A1+ The South Indian Bank Ltd. - CD CRISIL- A1+ Oriental Bank Of Commerce - CD CRISIL- A1+ Punjab & Sind Bank - CD ICRA- A1+ Indusind Bank Ltd. - CD CRISIL- A1+ Dena Bank - CD CRISIL- A1+ Piramal Enterprises Ltd. - CP ICRA- A1+ IDFC Bank Ltd. - CD ICRA- A1+ Century Textiles & Industries CRISIL- A1+ Ltd. - CP Sundaram Fin Ltd. - CP CRISIL- A1+ Treasury Bill 182 Days (03/11/2016) SOV Piramal Finance Pvt. Ltd. - CP ICRA- A1+ Deepak Fert.& Petrochem. Corp ICRA- A1+ Ltd. - CP Oriental Bank Of Commerce - CD CRISIL- A1+ UCO Bank - CD CRISIL- A1+ Axis Bank Ltd. - CD CRISIL- A1+ IL&FS Financial Ser Ltd. - CP ICRA- A1+
% to NAV
362872.93 51898.58 29827.15 29818.22 24733.90 22205.09 19907.44 19868.74 19793.50 14915.32 14842.22 14829.30 12411.76 12368.45 9991.08 9951.49 9949.68
91.52 13.09 7.52 7.52 6.24 5.60 5.02 5.01 4.99 3.76 3.74 3.74 3.13 3.12 2.52 2.51 2.51
9930.50 9444.41 7408.06 5925.61
2.50 2.38 1.87 1.49
4948.16 2472.83 2471.03 2460.01
1.25 0.62 0.62 0.62
Name of the Instrument The South Indian Bank Ltd. - CD Treasury Bill 91 Days (20/10/2016) Fixed Deposit Bandhan Bank Indusind Bank Ltd.
Market Value Rs. Lakhs
% to NAV
CRISIL- A1+ SOV
496.91 3.49 21000.00 10000.00 11000.00
0.13 0.00 5.30 2.52 2.77
CBLO Repo Portfolio Total Cash / Net Current Asset Net Assets
11993.69 431.62 396298.24 184.09 396482.3299
3.03 0.11 99.96 0.04 100
1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
1,600,000
Total Value as on Sep 30, 2016 (Rs.)
124,951
407,481
744,424
1,141,309
1,841,233
2,800,944
7.73%
8.21%
8.56%
8.61%
8.29%
8.00%
124,932
407,221
742,521
1,131,587
1,809,157
2,717,605
Returns Total Value of B: Crisil Liquid Fund Index B: Crisil Liquid Fund Index Total Value of AB: Crisil 1 Yr T-Bill Index AB: Crisil 1 Yr T-Bill Index
10 Year Since Inception
7.70%
8.16%
8.45%
8.37%
7.96%
7.58%
124,838
406,117
729,240
1,093,678
1,709,391
2,512,242
7.55%
7.98%
7.73%
7.42%
6.88%
6.49%
(Inception date: 22-May-2003) (First Installment date: 01-Jun-2003) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Composition by Ratings
Instrument Wise Composition
8.48%
8.48%
20.49%
A1+ / AAA
20.49%
SOV
Entry Load
: Not Applicable
Cash & Cash Equivalents
Exit Load
: Ni l
Certificate Of Deposit 40.74%
Cash & Cash Equivalents
71.03%
30.29%
NAV Movement
Maturity Ladder Cash & Others
0.05%
2 - 3 Mths
39.94%
1 - 2 Mths
43.81%
Abv 15 - 30 Days Abv 7 - 15 Days
Treasury Bills Commercial Papers
LOAD STRUCTURE
10.04%
0.00%
Tata Liquid Fund - Reg
Crisil Liquid Fund Index
124 118 106
6.16% 10.00%
130
112
0.00%
1 - 7 Days
www.tatamutualfund.com
Ratings
SIP - If you had invested INR 10000 every month
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter.
Ratings Market Value Rs. Lakhs
20.00%
30.00%
40.00%
50.00%
100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
29
Tata Gilt Securities Fund
(An Open-Ended Debt Scheme investing predominantly in Government Securities)
As on 30th September 2016
PORTFOLIO Name of the Instrument
INVESTMENT STYLE A debt scheme that invests in Government securities to generate reasonable returns emphasising the importance of captial preservation. INVESTMENT OBJECTIVE To generate risk-free return and thus provide medium to long term capital gains and income distribution to its Unitholders, while at all times emphasising the importance of capital preservation. DATE OF ALLOTMENT September 6, 1999
Ratings
Debt Instruments Government Securities GOI - 7.88% (19/03/2030) GOI - 7.59% (20/03/2029) GOI - 7.68% (15/12/2023) GOI - 7.35% (22/06/2024) GOI - 7.16% (20/05/2023) GOI - 10.70% (22/04/2020)
Ratings Market Value Rs. Lakhs
% to NAV
Repo
1258.98
15.12
Portfolio Total
8243.09
99.00
Market Value Rs. Lakhs
% to NAV
Name of the Instrument
6984.11 1606.39 1570.38 1560.94 1224.97 1010.01 11.42
83.88 19.29 18.86 18.75 14.71 12.13 0.14
SOV SOV SOV SOV SOV SOV
Cash / Net Current Asset Net Assets
82.90
1.00
8325.99
100.00
FUND MANAGER Akhil Mittal (Managing Since Jun-14 and overall experience of 15 years) BENCHMARK I-Sec Composite Index NAV Direct - Growth Direct - Dividend Reg -Growth Reg -Dividend
48.21 14.59 46.75 14.10
: : : :
FUND SIZE Rs. 83.26 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 83.42 (Rs. in Cr.) EXPENSE RATIO** 0.59 1.28
Direct Regular
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
3.50 1.22 0.88 0.34 -0.04
2.62 1.00 1.00 0.37 NA
: 5.63 Years 8.25 Years : Gross Yield to Maturity (For Debt Component) : i. Including NCA* 6.85% : ii. Excluding NCA* 6.92% *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
10 Year Since Inception 2,040,000
Total Value as on Sep 30, 2016 (Rs.)
128,911
428,070
785,027
1,191,347
1,866,776
4,231,537
Returns
14.06%
11.58%
10.70%
9.82%
8.56%
8.02%
Total Value of B: I-Sec Composite Index
129,316
432,714
790,110
1,206,678
1,958,323
4,336,705
B: I-Sec Composite Index
14.71%
12.33%
10.96%
10.18%
9.46%
8.27%
Total Value of AB: Crisil 10 Yr Gilt Index
129,058
428,896
762,274
1,133,306
1,776,215
3,839,867
AB: Crisil 10 Yr Gilt Index
14.30%
11.72%
9.51%
8.42%
7.61%
7.00%
(Inception date: 06-Sep-1999) (First Installment date: 01-Oct-1999) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter.
Composition by Ratings
Instrument Wise Composition 16.12%
16.12%
LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: 0.50% of NAV if redeemed on or before expiry of 180 days from the date of allotment.
SOV
Government Securities
Cash & Cash Equivalents
Cash & Cash Equivalents
83.88%
83.88%
NAV Movement
Maturity Ladder Cash & Others
1.00%
Abv 10 Yrs
38.15%
7 - 10 Yrs
33.46%
3 - 7 Yrs 1 - 3 Yrs
12.27%
0.00%
www.tatamutualfund.com
20.00%
I-Sec Composite Index
140 130 110
15.12% 10.00%
Tata Gilt Securities Fund - Reg
120
0.00%
0 - 1 Yrs
150
30.00%
40.00%
100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
30
Tata Gilt Mid Term Fund
(An Open-Ended Debt Scheme investing predominantly in Government Securities)
As on 30th September 2016
PORTFOLIO Name of the Instrument
INVESTMENT STYLE A debt scheme that invests in Government securities to generate returns. Under normal circumstances the average portfolio maturity shall not exceed 15 years. INVESTMENT OBJECTIVE To provide reasonable returns and high liquidity to the Unitholders by investing predominantly in Government Securities having residual maturity upto 15 years. However, there can be no assurance that the investment objective of the scheme will be realized. DATE OF ALLOTMENT June 24, 2010 FUND MANAGER Akhil Mittal (Managing Since Jun-14 and overall experience of 15 years)
Ratings
Debt Instruments Government Securities GOI - 7.16% (20/05/2023) GOI - 8.28% (21/09/2027) GOI - 8.35% (14/05/2022) GOI - 8.24% (15/02/2027) SDL Maharashtra 8.94% (23/07/2024) SDL Tamilnadu 8.27% (13/01/2026) SDL Tamilnadu 8.13% (14/01/2025) GOI - 7.68% (15/12/2023) SDL Tamilnadu 8.06% (25/02/2025) SDL Maharashtra 8.44% (26/11/2024)
Market Value Rs. Lakhs
% to NAV
21462.06 6060.03 4360.14 4257.44 4177.00 547.43 531.16 524.14 520.31 324.21 160.20
93.57 26.42 19.01 18.56 18.21 2.39 2.32 2.29 2.27 1.41 0.70
SOV SOV SOV SOV SOV SOV SOV SOV SOV SOV
Ratings
Name of the Instrument
Market Value Rs. Lakhs
Repo Portfolio Total
1100.68
4.80
22562.74
98.37
373.00
1.63
22935.74
100.00
Cash / Net Current Asset Net Assets
% to NAV
BENCHMARK I-Sec Composite Index NAV Direct - Growth 18.21 : Direct - Dividend 17.05# : Direct - Quarterly Dividend 15.48# : Reg - Growth 17.69 : Reg - Dividend 16.78 : Reg - Quarterly Dividend 15.17 : # Direct Plans are available for subscription under all open ended schemes of Tata Mutual Fund w.e.f 1st January 2013. Separate NAV will be calculated & published for respective option(s) of the Direct Plan upon initial subscription. FUND SIZE Rs. 229.36 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 225.79 (Rs. in Cr.) EXPENSE RATIO** 0.37 1.50
Direct Regular
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
2.92 1.14 0.94 0.36 0.00
2.62 1.00 1.00 0.37 NA
: 5.49 Years 7.70 Years : Gross Yield to Maturity (For Debt Component) : 6.90% i. Including NCA* : 7.01% ii. Excluding NCA* *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
NA
10 Year Since Inception NA
750,000
Total Value as on Sep 30, 2016 (Rs.)
129,054
430,653
797,579
NA
NA
1,057,718
Returns
14.29%
12.00%
11.33%
NA
NA
10.87%
Total Value of B: I-Sec Composite Index
129,316
432,714
790,110
NA
NA
1,045,193
B: I-Sec Composite Index
14.71%
12.33%
10.96%
NA
NA
10.49%
Total Value of AB: Crisil 10 Yr Gilt Index
129,058
428,896
762,274
NA
NA
991,691
AB: Crisil 10 Yr Gilt Index
14.30%
11.72%
9.51%
NA
NA
8.83%
(Inception date: 24-Jun-2010) (First Installment date: 01-Jul-2010) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37-46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer Instrument Wise Composition
Composition by Ratings 6.43%
MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT
6.43% 9.10%
Rs. 5,000/- and in multiples of Re. 1/- thereafter.
Government Securities
SOV
ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
State Development Loans Cash & Cash Equivalents
Rs. 1,000/- and multiples of Re. 1/- thereafter.
Cash & Cash Equivalents
LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: NIL
84.47%
93.57%
NAV Movement
Maturity Ladder Cash & Others
1.63%
Abv 10 Yrs 7 - 10 Yrs
44.98% 0.00%
0 - 1 Yrs 0.00%
www.tatamutualfund.com
I-Sec Composite Index
130 120 110
4.80% 10.00%
Tata Gilt Mid Term Fund - Reg
140
11.37%
3 - 7 Yrs 1 - 3 Yrs
150
37.22%
20.00%
30.00%
40.00%
50.00%
100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
31
Tata Gilt Short Maturity Fund (An Open-Ended Debt Scheme investing predominantly in Government Securities)
As on 30th September 2016
PORTFOLIO Name of the Instrument
INVESTMENT STYLE A debt scheme that invests in Government securities to generate reasonable returns emphasising the importance of captial preservation. INVESTMENT OBJECTIVE To generate risk-free return and thus providemedium to long term capital gains and income distribution to its Unitholders, while at all times emphasising the importance of capital preservation. DATE OF ALLOTMENT April 3, 2003
Ratings
Debt Instruments Government Securities GOI - 8.12% (10/12/2020) GOI - 7.68% (15/12/2023) GOI - 7.80% (03/05/2020) GOI - 7.83% (11/04/2018) GOI - 7.49% (16/04/2017) GOI - 6.90% (13/07/2019)
Market Value Rs. Lakhs
% to NAV
Name of the Instrument
2311.84 522.98 520.31 514.96 508.16 243.02 2.41
83.47 18.88 18.79 18.59 18.35 8.77 0.09
Repo Portfolio Total Cash / Net Current Asset Net Assets
SOV SOV SOV SOV SOV SOV
Ratings
Market Value Rs. Lakhs
% to NAV
387.30 13.98 2699.14 97.45 70.59 2.55 2769.73 100.00
FUND MANAGER Akhil Mittal (Managing Since Jun-14 and overall experience of 15 years) BENCHMARK I-Sec Composite Index NAV Direct - Growth Direct - Dividend Reg - Growth Reg - Dividend
25.17 NA 24.63 12.14
: : : :
FUND SIZE Rs. 27.70 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 27.58 (Rs. in Cr.) EXPENSE RATIO** 0.22 0.64
Direct Regular
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES Std. Dev (Annualised) Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
1.34 0.46 0.83 0.51 0.06
2.62 1.00 1.00 0.37 NA
: 2.53 Years 3.14 Years : Gross Yield to Maturity (For Debt Component) : i. Including NCA* 6.60% : ii. Excluding NCA* 6.77% *NCA - Net Current Assets Modified Duration Average Maturity
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT / MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
600,000
840,000
1,200,000
1,610,000
Total Value as on Sep 30, 2016 (Rs.)
126,302
414,472
754,556
1,145,253
1,821,995
2,744,519
9.89%
9.37%
9.11%
8.71%
8.10%
7.58%
129,316
432,714
790,110
1,206,678
1,958,323
2,995,006
Returns Total Value of B: I-Sec Composite Index
10 Year Since Inception
B: I-Sec Composite Index
14.71%
12.33%
10.96%
10.18%
9.46%
8.78%
Total Value of AB: Crisil 10 Yr Gilt Index
129,058
428,896
762,274
1,133,306
1,776,215
2,626,045
AB: Crisil 10 Yr Gilt Index
14.30%
11.72%
9.51%
8.42%
7.61%
6.98%
(Inception date: 03-Apr-2003) (First Installment date: 01-May-2003) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer Instrument Wise Composition
Composition by Ratings 16.53%
16.53%
Rs. 1,000/- and multiples of Re. 1/- thereafter.
SOV
LOAD STRUCTURE
Government Securities
ENTRY LOAD : Not Applicable EXIT LOAD
Cash & Cash Equivalents
Cash & Cash Equivalents
: Nil
83.47%
83.47%
NAV Movement
Maturity Ladder Cash & Others Abv 10 Yrs
2.55%
150
0.00%
7 - 10 Yrs 3 - 7 Yrs
37.47% 18.43%
0 - 1 Yrs 0.00%
www.tatamutualfund.com
20.00%
130 120 110
22.76% 10.00%
I-Sec Composite Index
140
18.79%
1 - 3 Yrs
Tata G S S M F - Reg
30.00%
40.00%
100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
32
Tata Retirement Savings Fund - Progressive (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO
INVESTMENT STYLE A Fund that aims to provide an investment tool for retirement planning to suit the risk profile of the investor. INVESTMENT OBJECTIVE To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends. DATE OF ALLOTMENT
November 1, 2011 FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) (Equity) & Akhil Mittal (Managing Since Jul-15 and overall experience of 15 years) (Debt) BENCHMARK S&P BSE Sensex NAV Direct - Growth Reg - Growth
23.10 21.68
: :
FUND SIZE Rs. 157.68 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 156.48 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
72.98% 72.98%
EXPENSE RATIO** Direct Regular
1.57 2.97
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees. The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES
FUND
Company name Equity & Equity Related Total Auto Ancillaries Ceat Ltd. Motherson Sumi Systems Ltd. Banks HDFC Bank Ltd. Yes Bank Ltd. Kotak Mahindra Bank Ltd. ICICI Bank Ltd. Cement Grasim Industries Ltd. Shree Cement Ltd. Orient Cement Ltd. J K Cement Ltd. Chemicals Navin Fluorine International Ltd. Construction Kajaria Ceramics Ltd. Somany Ceramics Ltd. Construction Project Sadbhav Engineering Ltd. Consumer Durables Century Plyboards (India) Ltd. Consumer Non Durables ITC Ltd. United Breweries Ltd. Heritage Foods Ltd. Marico Ltd. Berger Paints India Ltd. Gas GAIL (India) Ltd. Industrial Products Finolex Cables Ltd. Fag Bearings Ltd. Media & Entertainment Inox Leisure Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
15456.98
98.03
28000 92000
370.75 292.24
2.35 1.85
69000 34500 48000 87000
877.47 432.72 373.80 219.50
5.56 2.74 2.37 1.39
8050 2000 130000 21000
389.04 340.27 279.44 183.67
2.47 2.16 1.77 1.16
9810
218.05
1.38
23700 53000
328.55 323.72
2.08 2.05
80000
224.48
1.42
205000
513.22
3.25
414500 48000 48140 76500 64400
1001.22 433.06 412.94 210.53 168.15
6.35 2.75 2.62 1.34 1.07
99000
370.31
2.35
129000 4000
569.92 163.35
3.61 1.04
75000
196.20
1.24
Company name Finance Max Financial Services Ltd. Muthoot Finance Ltd. Bajaj Finserv Ltd. Housing Development Finance Ltd. Multi Commodity Exchange Of Ind Ltd. Petroleum Products Castrol India Ltd. Reliance Industries Ltd. Pharmaceuticals Torrent Pharmaceuticals Ltd. Sequent Scientific Ltd. Power Power Grid Corporation Of India Ltd. Software Infosys Ltd. HCL Technologies Ltd. Textile Products Raymond Ltd. Transportation Container Corporation Of India Ltd. Gujarat Pipavav Port Ltd.
No. of Shares
Market Value Rs. Lakhs
% of Assets
94000 127000 13500 18805 15000
520.81 444.31 414.98 261.96 202.34
3.30 2.82 2.63 1.66 1.28
46000 15000
218.36 162.32
1.38 1.03
16000 124610
259.86 164.05
1.65 1.04
300000
529.05
3.36
57960 31300
601.68 250.32
3.82 1.59
70200
374.45
2.37
23700 92000
325.93 160.45
2.07 1.02
1673.51 10.61 262.77 1.67 15719.75 99.70 48.63 0.30 15768.38 100.00
Other Equities^ Repo Portfolio Total Cash / Net Current Asset Net Assets ^ Exposure less than 1% has been clubbed under Other Equities
BENCHMARK
14.53 15.95 Std. Dev (Annualised) 0.14 0.31 Sharpe Ratio 1.00 1.00 Portfolio Beta 1.00 0.82 R Squared 0.58 1.44 Treynor NA 0.86 Jenson Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and in multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: (A) If redeemed/switched-out on or after
attainment of retirement age i.e. 60 years of age Nil. (B) In case of Auto switch-out of units on occurrence of “Auto-switch trigger event” - Nil. (C) For Redemption or switch-out of units in other cases (i.e. switch out other than auto switch-out on trigger event & redemption/ switch-out before the attainment of retirement age i.e. 60years) following exit load will be applicable:(i) If redeemed / Switched out on or before expiry of 3 Years from the date of allotment - 3% of the applicable NAV. (ii)If redeemed / Switched out after 3 Years from the date of allotment - 1 % of the applicable NAV.
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
Total Amount Invested (Rs.)
120,000
360,000
NA
NA
NA
580,000
Total Value as on Sep 30, 2016 (Rs.)
136,454
478,145
NA
NA
NA
909,549
Returns
26.35%
19.33%
NA
NA
NA
18.71%
Total Value of B: S&P BSE Sensex
127,791
397,282
NA
NA
NA
735,436
B: S&P BSE Sensex
12.25%
6.51%
NA
NA
NA
9.77%
(Inception date: 01-Nov-2011) (First Installment date: 01-Dec-2011) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46. *B: Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name ITC Ltd. HDFC Bank Ltd. Infosys Ltd. Finolex Cables Ltd. Power Grid Corporation Of India Ltd. Max Financial Services Ltd. Century Plyboards (india) Ltd. Muthoot Finance Ltd. United Breweries Ltd. Yes Bank Ltd. Total
Sector Allocation % to NAV 6.35 5.56 3.82 3.61 3.36 3.30 3.25 2.82 2.75 2.74 37.56
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
0.00%
6.38% 5.40% 5.19% 4.14% 3.91% 3.36% 3.08% 2.69% 2.41% 2.40% 2.37% 2.35% 2.14% 1.90% 1.38% 0.90% 0.76% 5.00%
9.36%
14.12% 12.07% 11.70%
10.00%
15.00%
NAV Movement 59.73% 33.83% 6.44%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
Consumer Non Durables Banks Finance Cement Industrial Products Software Auto Ancillaries Construction Consumer Durables Power Transportation Pharmaceuticals Petroleum Products Construction Project Textile Products Gas Media & Entertainment Auto Chemicals Minerals/mining Hotels, Resort And Other Recreational…
200 180
Tata Retirement Savings Fund - Progressive Plan - Reg S&P BSE Sensex
160 140 120 100 Sep-13
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
33
Tata Retirement Savings Fund - Moderate (An Open-Ended Equity Scheme)
As on 30th September 2016
PORTFOLIO
INVESTMENT STYLE A Fund that aims to provide an investment tool for retirement planning to suit the risk profile of the investor.
Company name
INVESTMENT OBJECTIVE To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends. DATE OF ALLOTMENT November 1, 2011 FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) (Equity) & Akhil Mittal (Managing Since Jul-15 and overall experience of 15 years) (Debt) BENCHMARK CRISIL Balanced Fund - Aggressive Index NAV : :
Direct - Growth Reg - Growth
24.32 23.06
FUND SIZE Rs. 65.25 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 63.64 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
54.52% 54.52%
EXPENSE RATIO** Direct 1.84 Regular 3.06 **Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees .The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable. VOLATILITY MEASURES
FUND
BENCHMARK
Std. Dev (Annualised) 12.94 Sharpe Ratio 0.41 Portfolio Beta 1.08 R Squared 0.82 Treynor 1.43 Jenson 1.24 Risk-free rate based on the FBIL Overnight MIBOR 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49
10.20 0.09 1.00 1.00 0.27 NA rate of
MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: (A) If redeemed/switched-out on or after
attainment of retirement age i.e. 60 years of age Nil. (B) In case of Auto switch-out of units on occurrence of “Auto-switch trigger event” - Nil. (C) For Redemption or switch-out of units in other cases (i.e. switch out other than auto switch-out on trigger event & redemption/ switch-out before the attainment of retirement age i.e. 60 years) following exit load will be applicable: (i) If redeemed / Switched out on or before expiry of 3 Years from the date of allotment - 3% of the applicable NAV. (ii)If redeemed / Switched out after 3 Years from the date of allotment - 1% of the applicable NAV.
Equity & Equity Related Total Auto Ancillaries Ceat Ltd. Motherson Sumi Systems Ltd. Banks HDFC Bank Ltd. Yes Bank Ltd. Kotak Mahindra Bank Ltd. ICICI Bank Ltd. Cement Grasim Industries Ltd. The Ramco Cements Ltd. Shree Cement Ltd. Ultratech Cement Ltd. Construction Somany Ceramics Ltd. Kajaria Ceramics Ltd. Consumer Durables Century Plyboards (India) Ltd. Consumer Non Durables ITC Ltd. Heritage Foods Ltd. United Breweries Ltd. Marico Ltd. Finance Max Financial Services Ltd. Muthoot Finance Ltd. Bajaj Finserv Ltd. Gas GAIL ( India ) Ltd.
No. of Shares
No. of Shares
Market Value Rs. Lakhs
% of Assets
42500 12000
187.77 66.34
2.88 1.02
19600 9500
203.47 75.98
3.12 1.16
1500
66.89
1.03
15700
74.53
1.14
4800
77.96
1.19
103000
181.64
2.78
24000
128.02
1.96
113.73 882.15 Ratings Market Value Rs. Lakhs
1.74 13.52 % of Assets
539.27 539.27
8.26 8.26
% of Assets
4911.70
75.27
10000 35000
132.41 111.18
2.03 1.70
19850 12000 15200 30000
252.43 150.51 118.37 75.69
3.87 2.31 1.81 1.16
2820 16000 500 2000
136.28 95.31 85.07 77.16
2.09 1.46 1.30 1.18
18000 5000
109.94 69.32
1.68 1.06
68000
170.24
2.61
142800 16460 15000 25500
344.93 141.19 135.33 70.18
5.29 2.16 2.07 1.08
31000 42000 4300
171.76 146.94 132.18
2.63 2.25 2.03
Repo Portfolio Total Cash / Net Current Asset Net Assets
33900
126.80
1.94
^ Exposure less than 1% has been clubbed under Other Equities
Industrial Products Finolex Cables Ltd. Timken India Ltd. Software Infosys Ltd. HCL Technologies Ltd. Pesticides Bayer Cropscience Ltd. Petroleum Products Castrol India Ltd. Pharmaceuticals Torrent Pharmaceuticals Ltd. Power Power Grid Corporation Of India Ltd. Textile Products Raymond Ltd. Transportation Container Corporation Of India Ltd. Other Equities^ Company name
8270
Debt Instruments Government Securities GOI - 8.40% (28/07/2024)
SOV
1012.04 15.51 6463.01 99.05 62.20 0.95 6525.21 100.00
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year
Since Inception
Total Amount Invested (Rs.) 120,000 Total Value as on Sep 30, 2016 (Rs.) 134,922 Returns 23.82% Total Value of B: CRISIL Balanced Fund - Aggressive Index 129,340 B: CRISIL Balanced Fund - Aggressive Index 14.73% (Inception date: 01-Nov-2011) (First Installment date: 01-Dec-2011)
360,000 485,090 20.36% 416,469 9.70%
NA NA NA NA NA
NA NA NA NA NA
NA NA NA NA NA
580,000 943,356 20.27% 756,008 10.92%
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46. *B: Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name ITC Ltd. HDFC Bank Ltd. Infosys Ltd. Finolex Cables Ltd. Power Grid Corporation Of India Ltd. Max Financial Services Ltd. Century Plyboards (india) Ltd. Yes Bank Ltd. Muthoot Finance Ltd. Heritage Foods Ltd. Total
Sector Allocation % to NAV 5.29 3.87 3.12 2.88 2.78 2.63 2.61 2.31 2.25 2.16 29.90
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
Consumer Non Durables Banks Cement Finance Industrial Products Auto Ancillaries Software Consumer Durables Power Construction Transportation Petroleum Products Textile Products Gas Construction Project Pharmaceuticals Pesticides Minerals/mining Auto Media & Entertainment Hotels, Resort And Other Recreational Activities 0.00%
5.40% 4.31% 4.28% 3.31% 2.78% 2.75% 2.60% 1.97% 1.96% 1.94% 1.67% 1.19% 1.03% 0.74% 0.74% 0.71% 0.64% 5.00%
9.15% 8.32% 8.31%
11.47%
10.00%
15.00%
NAV Movement 60.07% 32.81% 7.11%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
www.tatamutualfund.com
Company name
Market Value Rs. Lakhs
210 188 166 144 122 100 Sep-13
Tata Retirement Savings Fund - Moderate Plan - Reg CRISIL Balanced Fund - Aggressive Index
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
34
Tata Retirement Savings Fund - Conservative (An Open-Ended Debt Scheme)
As on 30th September 2016
PORTFOLIO Company name
INVESTMENT STYLE A Fund that aims to provide an investment tool for retirement planning to suit the risk profile of the investor. INVESTMENT OBJECTIVE To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends. DATE OF ALLOTMENT November 01, 2011 FUND MANAGER Sonam Udasi (Managing Since Apr - 16 and overall experience of 19 years) (Equity) & Akhil Mittal (Managing Since Jul-15 and overall experience of 15 years) (Debt) BENCHMARK Crisil MIP Blended Index NAV Direct - Growth Reg - Growth
: :
17.59 16.81
Equity & Equity Related Total Banks HDFC Bank Ltd. Consumer Durables Century Plyboards (India) Ltd. Consumer Non Durables ITC Ltd. Finance Max Financial Services Ltd. Industrial Products Finolex Cables Ltd. Pesticides Bayer Cropscience Ltd. Power Power Grid Corporation Of India Ltd. Software Infosys Ltd. Other Equities^
No. of Shares
Market Value Rs. Lakhs
% of Assets
2446.73
29.61
12760
162.27
1.96
37000
92.63
1.12
62700
151.45
1.83
17100
94.74
1.15
23500
103.82
1.26
2000
89.18
1.08
50000
88.18
1.07
9800
101.73 1562.73
1.23 18.92
Name of the Instrument
Ratings Market Value Rs. Lakhs
Debt Instruments Government Securities GOI - 8.24% (15/02/2027) SOV GOI - 8.60% (02/06/2028) SOV GOI - 8.40% (28/07/2024) SOV GOI - 7.68% (15/12/2023) SOV GOI - 7.35% (22/06/2024) SOV SDL Maharashtra 8.44% (26/11/2024) SOV Non-Convertible Debentures/Bonds 09.95 % Food Corporation CRISIL- AAA(so) Of India Ltd. 11.25 % Power Finance CRISIL- AAA Corporation Repo Portfolio Total Cash / Net Current Asset Net Assets
% of Assets
4182.55 1681.65 557.12 539.27 520.31 510.41 373.79 1035.73 552.21
50.62 20.35 6.74 6.53 6.30 6.18 4.52 12.54 6.68
483.52
5.85
460.11 5.57 8125.12 98.35 136.74 1.65 8261.86 100.00
^ Exposure less than 1% has been clubbed under Other Equities
FUND SIZE Rs. 82.62 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 82.62 (Rs. in Cr.) EXPENSE RATIO** 0.91 2.31
Direct Regular
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016. The above ratio includes the Service tax on Investment Management Fees .The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
5.50 0.37 1.30 0.76 0.44 0.13
3.70 0.32 1.00 1.00 0.34 NA
: 5.15 Years 7.39 Years : Gross Yield to Maturity (For Debt Component) : i. Including NCA* 6.93% : ii. Excluding NCA* 7.10% *NCA - Net Current Assets Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 Modified Duration Average Maturity
For calculation methodology please refer to Pg 49 MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
Total Amount Invested (Rs.)
120,000
360,000
NA
NA
10 Year Since Inception
NA
580,000
Total Value as on Sep 30, 2016 (Rs.)
131,144
435,595
NA
NA
NA
778,490
Returns
17.67%
12.79%
NA
NA
NA
12.15%
Total Value of B: Crisil MIP Blended Index
129,067
427,425
NA
NA
NA
751,993
B: Crisil MIP Blended Index
14.31%
11.48%
NA
NA
NA
10.70%
Total Value of AB: Crisil 10 Yr Gilt Index
129,058
428,896
NA
NA
NA
731,921
AB: Crisil 10 Yr Gilt Index
14.30%
11.72%
NA
NA
NA
9.57%
(Inception date: 01-Nov-2011) (First Installment date: 01-Dec-2011) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46 *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer
Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
: (A) For Redemption or switch out of units before
the attainment of retirement i.e. 60 years: (i) If redeemed on or before expiry of 3 years from the date of allotment - 3%. (ii) If redeemed after 3 years from the date of allotment - 1%. (B) For Redemption or switch out of units on or after attainment of retirement age i.e. 60 years: NIL (C) In case of Auto switch-out of units on occurrence of Auto-switch trigger event : NIL.
Top 10 Holdings Equity Issuer Name HDFC Bank Ltd. ITC Ltd. Finolex Cables Ltd. Infosys Ltd. Max Financial Services Ltd. Century Plyboards (india) Ltd. Bayer Cropscience Ltd. Power Grid Corporation Of India Ltd. Muthoot Finance Ltd. Shree Cement Ltd. Total
Sector Allocation % to NAV 1.96 1.83 1.26 1.23 1.15 1.12 1.08 1.07 1.00 0.95 12.65
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
0.00%
2.02% 1.71% 1.66% 1.41% 1.21% 1.08% 1.07% 0.93% 0.76% 0.76% 0.75% 0.74% 0.69% 0.31% 0.31% 0.30% 0.29%
1.00%
2.00%
2.70%
3.00%
3.89% 3.55% 3.49%
4.00%
5.00%
NAV Movement 61.70% 31.48% 6.82%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
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Banks Finance Consumer Non Durables Cement Industrial Products Software Auto Ancillaries Consumer Durables Construction Pesticides Power Transportation Textile Products Construction Project Gas Petroleum Products Pharmaceuticals Minerals/mining Auto Media & Entertainment Hotels, Resort And Other Recreational Activities
150 140 130 120 110 100 Sep-13
Tata Retirement Savings Fund - Reg - Conservative Plan Crisil MIP Blended Index
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
35
Tata Young Citizens’ Fund (An Open-Ended Balanced Scheme)
As on 30th September 2016
PORTFOLIO Company name
INVESTMENT STYLE A balanced scheme that aims to invest its debt portion in quality debt papers / government securities of long term maturity. While equity portfolio invests in high quality companies to create long term wealth for the investor. INVESTMENT OBJECTIVE To provide long term capital growth along with steady capital appreciation to its unitholders, while at all times emphasising the importance of capital preservation. DATE OF ALLOTMENT October 14, 1995 FUND MANAGER Akhil Mittal (Managing Since Jul-15 and overall experience of 15 years) (Debt) & Sonam Udasi (Managing Since Apr 16 and overall experience of 19 years) (Equity) BENCHMARK CRISIL Balanced Fund - Aggressive Index NAV Direct Reg
: :
23.51 22.63
FUND SIZE Rs. 210.46 (Rs. in Cr.) MONTHLY AVERAGE AUM Rs. 210.35 (Rs. in Cr.) TURN OVER Portfolio Turnover (Total) Portfolio Turnover (Equity component only)
113.95% 28.18%
EXPENSE RATIO** Direct Regular
1.56 2.71
**Note: The rates specified are the actual weighted average expenses charged for the month of Sep 2016 . The above ratio includes the Service tax on Investment Management Fees .The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-15 cities assets, wherever applicable.
VOLATILITY MEASURES Std. Dev (Annualised) Sharpe Ratio Portfolio Beta R Squared Treynor Jenson
FUND
BENCHMARK
7.95 0.31 0.66 0.82 1.08 0.53
10.20 0.09 1.00 1.00 0.27 NA
Modified Duration Average Maturity
: : Gross Yield to Maturity (For Debt Component) : i. Including NCA* : ii. Excluding NCA* *NCA - Net Current Assets
4.97 Years 7.00 Years 6.98% 7.08%
Risk-free rate based on the FBIL Overnight MIBOR rate of 6.5% as on Sep 30, 2016 For calculation methodology please refer to Pg 49
MINIMUM INVESTMENT/ MUL TIPLES FOR NEW INVESTMENT Rs. 500/- and in multiples of Rs. 500/- thereafter. ADDITIONAL INVESTMENT/ MUL TIPLES FOR EXISTING INVESTORS Rs. 500/- and in multiples of Rs. 500/- thereafter. LOAD STRUCTURE Entry Load
: Not Applicable
Exit Load
:
Compulsory Lock-in Option: 3% if redeemed on or before expiry of 3 years from the date of allotment. (This load will be applicable when the lock-in period expires before 3 years from the date of allotment). Anytime Exit Option: If child attains majority after 7 years from the date of allotment: If redeemed on or before expiry of 3 years from the date of allotment: 3% If redeemed after 3 years but on or before 7 years from the date of allotment: 2% If redeemed after 7 years but before child attains majority: 1% No load after the child attains majority If child attains majority before 7 years from the date of allotment: If redeemed on or before expiry of 3 years from the date of allotment: 3% If redeemed after 3 years but on or before 7 years from the date of allotment: 2% If redeemed after 7 years: Nil.
No. of Shares
Equity & Equity Related Total Auto Ancillaries WABCO India Ltd. 11500 Ceat Ltd. 19000 Banks HDFC Bank Ltd. 62100 Yes Bank Ltd. 18000 Construction Kajaria Ceramics Ltd. 30000 Construction Project Sadbhav Engineering Ltd. 120000 Consumer Non Durables ITC Ltd. 183250 Finance Multi Commodity Exchange Of Ind Ltd. 28000 Bajaj Finserv Ltd. 11250 Muthoot Finance Ltd. 92000 Max Financial Services Ltd. 51000 Gas Gail ( India ) Ltd. 65000 Hotels, Resort And Other Recreational Activities Wonderla Holidays Ltd. 90000 Industrial Products Finolex Cables Ltd. 135000 Finolex Industries Ltd. 120000 Astral Poly Technik Ltd. 49850 Power Power Grid Corporation Of India Ltd. 120000 Software HCL Technologies Ltd. 54000
Market Value Rs. Lakhs
% of Assets
10528.39
50.03
718.30 251.58
3.41 1.20
789.73 225.77
3.75 1.07
415.89
1.98
336.72
1.60
442.64
2.10
377.71 345.81 321.86 282.57
1.79 1.64 1.53 1.34
243.13
1.16
339.35
1.61
596.43 538.98 218.79
2.83 2.56 1.04
211.62
1.01
431.87
2.05
No. of Shares Market Value Rs. Lakhs
Textile Products Raymond Ltd. Page Industries Ltd. Transportation Container Corporation Of India Ltd. Other Equities^ Name of the Instrument
55000 1750
% of Assets
293.37 264.36
1.39 1.26
440.08 2441.83 Ratings Market Value Rs. Lakhs
2.09 11.60 % to NAV
32000
Debt Instruments Government Securities GOI - 7.68% (15/12/2023) SOV GOI - 8.28% (21/09/2027) SOV GOI - 7.35% (22/06/2024) SOV GOI - 8.24% (15/02/2027) SOV GOI - 7.72% (25/05/2025) SOV GOI - 8.27% (09/06/2020) SOV Non-Convertible Debentures/Bonds 09.25 % Reliance Jio Infocomm Ltd. CRISIL- AAA 09.20 % State Bank Of Travancore ICRA- AAA 08.87 % EXIM CRISIL- AAA 08.49 % NHPC Ltd. ICRA- AAA
7111.52 2289.37 1635.05 1531.22 976.44 522.38 157.06 2262.17 1067.24 558.78 533.77 102.38
33.79 10.88 7.77 7.28 4.64 2.48 0.75 10.75 5.07 2.66 2.54 0.49
994.68 4.73 20896.76 99.30 148.83 0.70 21045.59 100.00
Repo Portfolio Total Cash / Net Current Asset Net Assets ^ Exposure less than 1% has been clubbed under Other Equities
SIP - If you had invested INR 10000 every month 1 Year
3 Year
5 Year
7 Year
10 Year Since Inception
Total Amount Invested (Rs.) 120,000 360,000 600,000 840,000 1,200,000 2,480,000 Total Value as on Sep 30, 2016 (Rs.) 128,412 430,334 822,868 1,263,607 2,126,556 11,467,847 Returns 13.24% 11.94% 12.59% 11.47% 11.02% 13.08% Total Value of B: CRISIL Balanced Fund - Aggressive Index 129,340 416,469 789,808 1,186,899 1,964,905 8,358,669 B: CRISIL Balanced Fund - Aggressive Index 14.73% 9.70% 10.94% 9.71% 9.53% 10.56% (Inception date: 14-Oct-1995) (First Installment date: 01-Feb-1996) Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 37 - 46. *B: Benchmark Source: MFI Explorer
Top 10 Holdings Equity Issuer Name HDFC Bank Ltd. WABCO India Ltd. Finolex Cables Ltd. Finolex Industries Ltd. ITC Ltd. Container Corporation Of India Ltd. HCL Technologies Ltd. Kajaria Ceramics Ltd. Multi Commodity Exchange Of Ind Ltd. Bajaj Finserv Ltd. Total
Sector Allocation % to NAV 3.75 3.41 2.83 2.56 2.10 2.09 2.05 1.98 1.79 1.64 24.20
Market Capitalisation wise Exposure Large Cap Mid Cap Small Cap
Finance Industrial Products Banks Auto Ancillaries Consumer Non Durables Software Textile Products Transportation Construction Cement Hotels, Resort And Other Recreational… Construction Project Consumer Durables Petroleum Products Gas Power Pharmaceuticals 0.00%
3.04% 2.65% 2.09% 1.98% 1.92% 1.61% 1.60% 1.48% 1.20% 1.16% 1.01% 0.96%
7.30% 6.43% 5.78% 5.15% 4.66%
5.00%
10.00%
NAV Movement 49.49% 49.09% 1.42%
Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).
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Company name
160 148 136 124 112 100 Sep-13
Tata Young Citizens Fund - Reg CRISIL Balanced Fund - Aggressive Index
Sep-14
Sep-15
TATA MUTUAL FUND
Sep-16
36
SCHEME PERFORMANCE Tata Large Cap Fund (TPEF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 176.76 Fund Manager: Pradeep Gokhale
Tata Ethical Fund (TEF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 135.48 Fund Manager: Pradeep Gokhale NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 7 . 5 . 1998 )
Fund
S&P BSE SENSEX
160.85 149.26 106.86
9.89% 7.76% 39.68%
6.54% -1.79% 37.41%
149.26 106.86 89.57 54.97 7.96 10
8.81% 18.25% 14.55% 12.37% 22.94% 21.97%
2.29% 12.86% 11.10% 8.38% 16.50% 11.01%
10,989 10,776 13,968 11,842 16,542 19,738 32,131 222,016 387,469
10,654 9,821 13,741 10,464 14,380 16,936 22,376 98,996 68,436
Tata Equity Opportunities Fund (TEOF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 166.07 Fund Manager: Rupesh Patel & Pradeep Gokhale
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) 131.51 Sep 30, 2014 to Sep 30, 2015 114.14 Sep 30, 2013 to Sep 30, 2014 76.34 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) 114.14 Last 3 years (September 30, 2013 to September 30, 2016) 76.34 Last 5 years (September 30, 2011 to September 30, 2016) 61.23 Last 10 years (September 30, 2006 to September 30, 2016) 42.32 Last 15 years (September 30, 2001 to September 30, 2016) 6.22 Since inception till Sep 30, 2016 10 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 24 . 5 . 1996 )
Fund NIFTY 500 Shariah
NIFTY 50
3.02% 15.22% 49.51%
11.31% 8.33% 5.80% -0.20% 43.83% 38.87%
8.94% 21.05% 17.19% 12.32% 22.78% 16.90%
8.51% 19.18% 14.96% NA NA NA
3.97% 14.49% 11.73% 9.14% 16.11% 10.71%
10,302 11,522 14,951 11,871 17,747 22,122 31,988 217,718 240,539
11,131 10,580 14,383 11,777 16,936 20,094 NA NA NA
10,833 9,980 13,887 10,811 15,013 17,423 23,997 94,136 79,425
Tata Equity P/E Fund (TEPEF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 103.37 Fund Manager: Sonam Udasi NAV Per Unit (Rs.)
Fund S&P BSE 200
Discrete 12 months performance 147.07 12.91% Sep 30, 2015 to Sep 30, 2016 (Last 1 year) 130.10 13.04% Sep 30, 2014 to Sep 30, 2015 87.18 49.23% Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) 130.10 12.96% 87.18 23.94% Last 3 years (September 30, 2013 to September 30, 2016) 72.89 17.88% Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) 51.18 12.48% 7.43 22.98% Last 15 years (September 30, 2001 to September 30, 2016) 10 12.64% Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) 11,291 Sep 30, 2014 to Sep 30, 2015 11,304 Sep 30, 2013 to Sep 30, 2014 14,923 Last 2 years 12,764 Last 3 years 19,050 Last 5 years 22,782 Last 10 years 32,447 Last 15 years 223,103 Since inception ( 25 . 2 . 1993 ) 166,156
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NAV Per Unit (Rs.)
S&P BSE SENSEX
10.96% 3.08% 42.50%
6.54% -1.79% 37.41%
6.94% 17.67% 12.88% 9.53% 18.56% 11.16%
2.29% 12.86% 11.10% 8.38% 16.50% 10.22%
11,096 10,308 14,250 11,438 16,300 18,339 24,869 128,791 121,588
10,654 9,821 13,741 10,464 14,380 16,936 22,376 98,996 99,497
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 29 . 6 . 2004 )
Fund
S&P BSE SENSEX
83.90 77.14 44.13
23.21% 8.77% 74.77%
6.54% -1.79% 37.41%
77.14 44.13 42.02 22.69 NA 10
15.74% 32.77% 19.70% 16.35% NA 20.98%
2.29% 12.86% 11.10% 8.38% 16.50% 15.34%
12,321 10,877 17,477 13,401 23,422 24,598 45,520 NA 103,351
10,654 9,821 13,741 10,464 14,380 16,936 22,376 98,996 57,552
TATA MUTUAL FUND
37
SCHEME PERFORMANCE Tata Mid Cap Growth Fund (TMCGF) - Regular - Dividend NAV as at Sep 30, 2016: (Rs.) 36.41 Fund Manager: Rupesh Patel, Danesh Mistry
Tata Infrastructure Fund (TISF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 47.62 Fund Manager: Rupesh Patel
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 1 . 7 . 1994 )
Fund
Nifty Free Float Midcap 100
NIFTY 50
36.23 31.68 17.87
7.89% 24.20% 86.87%
18.70% 13.72% 63.17%
8.33% -0.20% 38.87%
31.68 17.87 16.04 23.46 NA 10
15.74% 35.76% 22.75% 15.54% NA 12.40%
16.16% 30.08% 16.77% 12.62% 23.34% NA
3.97% 14.49% 11.73% 9.14% 16.11% 9.01%
10,789 12,420 18,687 13,401 25,042 27,900 42,446 NA 135,006
11,870 11,372 16,317 13,499 22,026 21,728 32,853 233,110 NA
10,833 9,980 13,887 10,811 15,013 17,423 23,997 94,136 68,268
Tata Dividend Yield Fund (TDYF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 63.92 Fund Manager: Rupesh Patel
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 31 . 12 . 2004 )
Fund
NIFTY 500
NIFTY 50
41.58 36.39 23.01
14.53% 14.26% 58.18%
11.27% 3.59% 46.08%
8.33% -0.20% 38.87%
36.39 23.01 27.45 20.74 NA 10
14.37% 27.42% 11.64% 8.66% NA 14.20%
7.35% 18.95% 13.18% 9.47% 18.42% 12.75%
3.97% 14.49% 11.73% 9.14% 16.11% 12.84%
11,453 11,426 15,818 13,085 20,701 17,353 22,961 NA 47,636
11,127 10,359 14,608 11,526 16,838 18,584 24,733 126,527 40,991
10,833 9,980 13,887 10,811 15,013 17,423 23,997 94,136 41,378
Tata India Tax Savings Fund (TITSF) – Regular - Dividend NAV as at Sep 30, 2016: (Rs.) 69.84 Fund Manager: Rupesh Patel NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 22 . 11 . 2004 )
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NAV Per Unit (Rs.)
Fund
NIFTY 500
NIFTY 50
57.78 51.33 34.97
10.62% 12.58% 46.78%
11.27% 3.59% 46.08%
8.33% -0.20% 38.87%
51.33 34.97 31.20 16.88 NA 10
11.58% 22.25% 15.40% 14.23% NA 16.93%
7.35% 18.95% 13.18% 9.47% 18.42% 13.84%
3.97% 14.49% 11.73% 9.14% 16.11% 13.72%
11,062 11,258 14,678 12,454 18,280 20,482 37,868 NA 63,945
11,127 10,359 14,608 11,526 16,838 18,584 24,733 126,527 46,540
10,833 9,980 13,887 10,811 15,013 17,423 23,997 94,136 45,961
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 31 . 3 . 1996 )
Fund
S&P BSE SENSEX
69.94 65.13 44.64
16.96% 16.58% 52.15%
6.54% -1.79% 37.41%
65.13 44.64 43.42 38.37 8.81 10
16.75% 27.51% 19.08% 13.08% 22.36% 20.18%
2.29% 12.86% 11.10% 8.38% 16.50% 10.85%
11,696 11,658 15,215 13,636 20,745 23,967 34,221 206,803 434,276
10,654 9,821 13,741 10,464 14,380 16,936 22,376 98,996 82,748
TATA MUTUAL FUND
38
SCHEME PERFORMANCE Tata Balanced Fund (TBF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 186.30 Fund Manager: Akhil Mittal (Debt), Pradeep Gokhale (Equity) NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016(Last 1 year) 169.17 Sep 30, 2014 to Sep 30, 2015 144.96 Sep 30, 2013 to Sep 30, 2014 96.43 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) 144.96 Last 3 years (September 30, 2013 to September 30, 2016) 96.43 Last 5 years (September 30, 2011 to September 30, 2016) 79.26 Last 10 years (September 30, 2006 to September 30, 2016) 44.33 Last 15 years (September 30, 2001 to September 30, 2016) 10.96 Since inception till Sep 30, 2016 10 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016(Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 8 . 10 . 1995 )
Fund
Crisil Balanced Fund Index
10.12% 16.70% 50.32%
9.68% 4.38% 28.89%
13.35% 24.52% 18.62% 15.42% 21.31% 16.65%
6.99% 13.83% 11.31% 9.36% NA NA
11,012 11,670 15,032 12,853 19,319 23,507 42,007 181,707 253,636
10,968 10,438 12,889 11,449 14,754 17,097 24,485 NA NA
Tata Dynamic Bond Fund (TDBF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 24.57 Fund Manager: Akhil Mittal
Tata Regular Savings Equity Fund - Regular - Monthly Income Option (Earlier Known as Tata Monthly Income Fund) $ $1 NAV as at Sep 30, 2016: (Rs.) 14.70 Fund Manager: Sonam Udasi (for equity portfolio), Akhil Mittal (for Arbitrage strategies and Debt Portfolio) NAV Per Unit (Rs.)
Fund
Nifty 50 Index (35%),Crisil Liquid Fund Index (30%), Crisil Short Term Bond Fund Index (35%)
13.55 13.21 12.55
8.47% 6.29% 10.52%
8.73% 6.17% 19.47%
13.21 12.55 11.91 11.53 10.44 10
7.37% 8.41% 7.95% 6.57% 7.36% 7.49%
7.43% 11.30% 10.22% 9.04% NA NA
10,847 10,629 11,052 11,531 12,744 14,665 18,905 29,039 32,782
10,873 10,617 11,947 11,543 13,791 16,276 23,778 NA NA
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 27 . 4 . 2000 )
Tata Income Plus Fund (TIPF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 24.73 Fund Manager: Akhil Mittal NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 3 . 9 . 2003 )
I-Sec Composite Crisil 10 Yr Index Gilt Index Fund
22.48 9.29% 19.90 12.97% 18.10 9.99%
11.90% 13.30% 11.12%
11.11% 13.76% 6.85%
19.90 11.10% 18.10 10.73% 15.29 9.94% 11.71 7.69% NA NA 10 7.11%
12.58% 12.09% 10.22% 8.88% NA 7.61%
12.41% 10.53% 8.36% 7.06% 7.63% 5.71%
10,929 11,297 10,999 12,347 13,580 16,070 20,990 NA 24,565
11,190 11,330 11,112 12,678 14,088 16,276 23,431 NA 26,109
11,111 11,376 10,685 12,640 13,507 14,946 19,793 30,154 20,680
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 11 . 11 . 2002 )
Crisil Crisil Composite Bond 10 Yr Fund Index Gilt Index Fund
22.70 20.44 18.66
8.94% 11.09% 9.50%
11.51% 12.56% 11.61%
11.11% 13.76% 6.85%
20.44 18.66 15.98 12.20 NA 10
9.99% 9.83% 9.11% 7.31% NA 6.73%
12.01% 11.88% 9.67% 7.83% NA 6.94%
12.41% 10.53% 8.36% 7.06% 7.63% 6.46%
10,894 11,109 10,950 12,101 13,252 15,471 20,261 NA 24,721
11,151 11,256 11,161 12,550 14,008 15,873 21,265 NA 25,406
11,111 11,376 10,685 12,640 13,507 14,946 19,793 30,154 23,866
$ The scheme was earlier known as Tata Monthly Income Fund, effective from 27 July, 2015 the Scheme will be known as Tata Regular Savings Equity Fund. Due to change in type of scheme, investment objective, investment pattern and investment strategy, past performance of the scheme may not be used for prediction of future performance of the scheme.
Returns are given for monthly income option. While calculating returns, dividend distribution tax has been taken care of. The returns given above are for Individual and HUF category. Date of Allotment: 27 April, 2000.
$1
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TATA MUTUAL FUND
39
SCHEME PERFORMANCE Tata Income Fund (TIF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 48.87 Fund Manager: Akhil Mittal
Tata Short Term Bond Fund (TSTBF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 29.52 Fund Manager: Akhil Mittal
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 8 . 8 . 2002 )
Fund
Crisil Short Term Bond Fund Index
Crisil 1 Yr T-Bill Index
27.17 24.76 22.47
8.66% 9.74% 10.18%
9.31% 9.90% 10.12%
7.36% 8.86% 8.35%
24.76 22.47 18.89 12.83 NA 10
9.19% 9.52% 9.33% 8.68% NA 7.95%
9.59% 9.77% 9.24% 8.17% NA 7.22%
8.09% 8.18% 7.66% 6.36% 6.04% 5.95%
10,866 10,974 11,018 11,925 13,140 15,628 23,003 NA 29,533
10,931 10,990 11,012 12,013 13,230 15,564 21,946 NA 26,828
10,736 10,886 10,835 11,686 12,663 14,469 18,535 24,117 22,664
Tata Treasury Manager Fund (TTMF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 2072.68 Fund Manager: Amit Somani
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Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 28 . 4 . 1997 )
Fund
44.82 39.88 36.55
9.03% 12.40% 9.09%
11.51% 12.56% 11.61%
11.11% 13.76% 6.85%
39.88 36.55 30.80 24.40 17.28 10
10.69% 10.15% 9.66% 7.18% 7.17% 8.50%
12.01% 11.88% 9.67% 7.83% NA NA
12.41% 10.53% 8.36% 7.06% 7.63% NA
10,903 11,240 10,909 12,256 13,368 15,866 20,016 28,277 48,831
11,151 11,256 11,161 12,550 14,008 15,873 21,265 NA NA
11,111 11,376 10,685 12,640 13,507 14,946 19,793 30,154 NA
Tata Floater Fund (TFF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 2376.94 Fund Manager: Akhil Mittal NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 13 . 7 . 2007 )
NAV Per Unit (Rs.)
Crisil Composite Bond Fund Crisil 10 Yr Index Gilt Index
Fund Crisil Short Crisil 1 Yr Term Bond T-Bill Fund Index Index
1919 1763.59 1617.44
8.01% 8.81% 9.04%
9.31% 9.90% 10.12%
7.36% 8.86% 8.35%
1763.59 1617.44 1361.16 NA NA 1000
8.40% 8.61% 8.76% NA NA 8.22%
9.59% 9.77% 9.24% 8.17% NA 8.26%
8.09% 8.18% 7.66% 6.36% 6.04% 6.38%
10,801 10,881 10,904 11,753 12,815 15,225 NA NA 20,724
10,931 10,990 11,012 12,013 13,230 15,564 21,946 NA 20,795
10,736 10,886 10,835 11,686 12,663 14,469 18,535 24,117 17,692
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 6 . 9 . 2005 )
Fund Crisil Liquid Crisil 1 Yr Fund Index T-Bill Index
2192.12 2010.86 1835.97
8.43% 9.01% 9.53%
7.69% 8.56% 9.49%
7.36% 8.86% 8.35%
2010.86 1835.97 1533.74 1063.13 NA 1000
8.71% 8.98% 9.15% 8.37% NA 8.13%
8.11% 8.57% 8.58% 7.63% NA 7.43%
8.09% 8.18% 7.66% 6.36% 6.04% 6.21%
10,843 10,901 10,953 11,821 12,946 15,500 22,355 NA 23,764
10,769 10,856 10,949 11,690 12,800 15,099 20,873 NA 22,115
10,736 10,886 10,835 11,686 12,663 14,469 18,535 24,117 19,487
TATA MUTUAL FUND
40
SCHEME PERFORMANCE Tata Liquid Fund (TLF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 2894.12 Fund Manager: Amit Somani
Tata Money Market Fund (TMMF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 2470.88 Fund Manager: Amit Somani NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 22 . 5 . 2003 )
Fund Crisil Liquid Crisil 1 Yr Fund Index T-Bill Index
2684.13 2471.39 2262.23
7.82% 8.61% 9.25%
7.69% 8.56% 9.49%
7.36% 8.86% 8.35%
2471.39 2262.23 1890.55 1329.87 NA 1000
8.20% 8.55% 8.88% 8.08% NA 7.42%
8.11% 8.57% 8.58% 7.63% NA 6.87%
8.09% 8.18% 7.66% 6.36% 6.04% 5.90%
10,782 10,861 10,925 11,710 12,793 15,309 21,764 NA 26,038
10,769 10,856 10,949 11,690 12,800 15,099 20,873 NA 24,311
10,736 10,886 10,835 11,686 12,663 14,469 18,535 24,117 21,521
Tata Gilt Securities Fund (TGSF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 46.75 Fund Manager: Akhil Mittal
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 1 . 9 . 2004 )
Fund Crisil Liquid Crisil 1 Yr Fund Index T-Bill Index
2290.49 2108.32 1927.21
7.88% 8.64% 9.40%
7.69% 8.56% 9.49%
7.36% 8.86% 8.35%
2108.32 1927.21 1606.98 1126.70 NA 1000
8.25% 8.63% 8.98% 8.16% NA 7.77%
8.11% 8.57% 8.58% 7.63% NA 7.18%
8.09% 8.18% 7.66% 6.36% 6.04% 6.09%
10,788 10,864 10,940 11,721 12,822 15,379 21,925 NA 24,707
10,769 10,856 10,949 11,690 12,800 15,099 20,873 NA 23,121
10,736 10,886 10,835 11,686 12,663 14,469 18,535 24,117 20,434
Tata Gilt Mid Term Fund (TGMTF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 17.69 Fund Manager: Akhil Mittal NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 6 . 9 . 1999 )
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NAV Per Unit (Rs.)
I-Sec Composite Crisil 10 Yr Index Gilt Index Fund
42.54 37.20 33.38
9.90% 14.38% 11.43%
11.90% 13.30% 11.12%
11.11% 13.76% 6.85%
37.20 33.38 28.75 22.68 13.91 10
12.10% 11.87% 10.20% 7.49% 8.41% 9.45%
12.58% 12.09% 10.22% 8.88% NA NA
12.41% 10.53% 8.36% 7.06% 7.63% NA
10,990 11,438 11,143 12,570 14,005 16,261 20,603 33,607 46,750
11,190 11,330 11,112 12,678 14,088 16,276 23,431 NA NA
11,111 11,376 10,685 12,640 13,507 14,946 19,793 30,154 NA
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 24 . 6 . 2010 )
I-Sec Composite Crisil 10 Yr Index Gilt Index Fund
15.91 13.97 12.61
11.21% 13.88% 10.79%
11.90% 13.30% 11.12%
11.11% 13.76% 6.85%
13.97 12.61 10.46 NA NA 10
12.52% 11.94% 11.06% NA NA 9.52%
12.58% 12.09% 10.22% 8.88% NA 9.27%
12.41% 10.53% 8.36% 7.06% 7.63% 7.18%
11,121 11,388 11,079 12,665 14,031 16,906 NA NA 17,692
11,190 11,330 11,112 12,678 14,088 16,276 23,431 NA 17,440
11,111 11,376 10,685 12,640 13,507 14,946 19,793 30,154 15,450
TATA MUTUAL FUND
41
SCHEME PERFORMANCE Tata Retirement Savings Fund - Progressive (TRSFP) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 21.68 Fund Manager: Sonam Udasi (Equity), Akhil Mittal (Debt)
Tata Gilt Short Maturity Fund (TGSMF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 24.63 Fund Manager: Akhil Mittal I-Sec Composite Crisil 10 Yr Index Gilt Index Fund
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 3 . 4 . 2003 )
22.64 8.79% 20.52 10.34% 18.72 9.60%
11.90% 13.30% 11.12%
11.11% 13.76% 6.85%
20.52 18.72 15.97 11.76 NA 10
9.55% 9.57% 9.04% 7.66% NA 6.90%
12.58% 12.09% 10.22% 8.88% NA 7.91%
12.41% 10.53% 8.36% 7.06% 7.63% 6.08%
10,879 11,034 10,960 12,004 13,158 15,422 20,932 NA 24,622
11,190 11,330 11,112 12,678 14,088 16,276 23,431 NA 27,956
11,111 11,376 10,685 12,640 13,507 14,946 19,793 30,154 22,190
Tata Retirement Savings Fund - Moderate (TRSFM) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 23.06 Fund Manager: Sonam Udasi (Equity), Akhil Mittal (Debt) NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016(Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016(Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 1 . 11 . 2011 )
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NAV Per Unit (Rs.)
Fund
S&P BSE Sensex
18.78 16.47 11.13
15.44% 14.03% 48.03%
6.54% -1.79% 37.41%
16.47 11.13 NA NA NA 10
14.71% 24.88% NA NA NA 17.04%
2.29% 12.86% 11.10% 8.38% 16.50% 9.95%
11,544 11,403 14,803 13,163 19,487 NA NA NA 21,680
10,654 9,821 13,741 10,464 14,380 16,936 22,376 98,996 15,944
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 1 . 11 . 2011 )
Tata Retirement Savings Fund - Conservative (TRSFC) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 16.81 Fund Manager: Sonam Udasi (Equity), Akhil Mittal (Debt) Fund
CRISIL Balanced Fund - Aggressive Index
20.28 17.35 11.30
13.67% 16.93% 53.52%
9.68% 4.38% 28.89%
17.35 11.30 NA NA NA 10
15.27% 26.81% NA NA NA 18.52%
6.99% 13.83% 11.31% 9.36% NA 10.57%
11,367 11,693 15,352 13,292 20,405 NA NA NA 23,062
10,968 10,438 12,889 11,449 14,754 17,097 24,485 NA 16,391
NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016(Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016(Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 1 . 11 . 2011 )
Fund
Crisil MIP Crisil 10 Yr Blended Index Gilt Index
15.06 13.59 11.34
11.64% 10.79% 19.83%
11.17% 10.72% 15.45%
11.11% 13.76% 6.85%
13.59 11.34 NA NA NA 10
11.20% 14.00% NA NA NA 11.14%
10.93% 12.41% 10.15% 8.42% NA 10.06%
12.41% 10.53% 8.36% 7.06% 7.63% 9.05%
11,164 11,079 11,983 12,369 14,821 NA NA NA 16,811
11,117 11,072 11,545 12,309 14,209 16,224 22,459 NA 16,022
11,111 11,376 10,685 12,640 13,507 14,946 19,793 30,154 15,312
TATA MUTUAL FUND
42
SCHEME PERFORMANCE Tata Young Citizens’ Fund (TYCF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 22.63 Fund Manager: Sonam Udasi (Equity) & Akhil Mittal (Debt)
Tata Index Fund (TIFS) - Sensex - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 67.82 Fund Manager: Sonam Udasi NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 14 . 10 . 1995 )
Fund
CRISIL Balanced Fund - Aggressive Index
21.12 18.62 14.61
7.17% 13.40% 27.52%
9.68% 4.38% 28.89%
18.62 14.61 14.79 20.47 8.60 10
10.23% 15.71% 12.91% 10.24% 14.75% 13.24%
6.99% 13.83% 11.31% 9.36% NA NA
10,717 11,340 12,752 12,154 15,498 18,363 26,530 78,877 135,773
10,968 10,438 12,889 11,449 14,754 17,097 24,485 NA NA
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 30 . 3 . 2009 )
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Fund
S&P BSE Sensex
63.35 64.58 47.20
7.05% -1.90% 36.81%
6.54% -1.79% 37.41%
64.58 47.20 40.03 31.76 NA 10
2.47% 12.83% 11.10% 7.87% NA 16.43%
2.29% 12.86% 11.10% 8.38% 16.50% 17.02%
10,705 9,810 13,681 10,501 14,369 16,936 21,344 NA 79,222
10,654 9,821 13,741 10,464 14,380 16,936 22,376 98,996 84,862
Tata Index Fund (TIFN) - Nifty - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 51.34 Fund Manager: Sonam Udasi
Tata Infrastructure Tax Saving Fund (TITSF) - Regular - Growth NAV as at Sep 30, 2016: (Rs.) 21.75 Fund Manager: Rupesh Patel Fund
CNX 500 Index
Nifty 50
19.54 17.67 11.41
11.32% 10.55% 54.92%
11.27% 3.59% 46.08%
8.33% -0.20% 38.87%
17.67 11.41 13.13 NA NA 10
10.92% 23.97% 10.61% NA NA 10.90%
7.35% 18.95% 13.18% 9.47% 18.42% 17.10%
3.97% 14.49% 11.73% 9.14% 16.11% 15.19%
11,132 11,055 15,492 12,307 19,063 16,566 NA NA 21,748
11,127 10,359 14,608 11,526 16,838 18,584 24,733 126,527 32,722
10,833 9,980 13,887 10,811 15,013 17,423 23,997 94,136 28,920
NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 25 . 2 . 2003 )
NAV Per Unit (Rs.)
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 25 . 2 . 2003 )
NAV Per Unit (Rs.)
Fund
Nifty 50
47.27 47.48 34.35
8.60% -0.44% 38.23%
8.33% -0.20% 38.87%
47.48 34.35 29.45 22.37 NA 10
3.98% 14.32% 11.74% 8.65% NA 16.87%
3.97% 14.49% 11.73% 9.14% 16.11% 16.68%
10,860 9,956 13,823 10,813 14,946 17,430 22,940 NA 83,394
10,833 9,980 13,887 10,811 15,013 17,423 23,997 94,136 81,568
TATA MUTUAL FUND
43
SCHEME PERFORMANCE Tata Dual Advantage Fund - Scheme B - Growth NAV as at Sep 30, 2016: (Rs.) 12.65 Fund Manager: Amit Somani (Debt) & Sonam Udasi (Equity) NAV Per Unit (Rs.) Discrete 12 months performance 11.85 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) 10.93 Sep 30, 2014 to Sep 30, 2015 NA Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) 10.93 NA Last 3 years (September 30, 2013 to September 30, 2016) NA Last 5 years (September 30, 2011 to September 30, 2016) NA Last 10 years (September 30, 2006 to September 30, 2016) NA Last 15 years (September 30, 2001 to September 30, 2016) 10 Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 6 . 3 . 2014 )
Tata Dual Advantage Fund - Scheme C - Growth NAV as at Sep 30, 2016: (Rs.) 12.08 Fund Manager: Amit Somani (Debt) & Sonam Udasi (Equity) Fund
Crisil Crisil MIP Blended 10 Yr Gilt Index Index
6.78% 8.41% NA
11.17% 10.72% NA
11.11% 13.76% NA
7.58% NA NA NA NA 9.56%
10.93% 12.41% 10.15% 8.42% NA 12.47%
12.41% 10.53% 8.36% 7.06% 7.63% 11.79%
10,678 10,841 NA 11,576 NA NA NA NA 12,648
11,117 11,072 NA 12,309 14,209 16,224 22,459 NA 13,530
11,111 11,376 NA 12,640 13,507 14,946 19,793 30,154 13,321
Tata Dual Advantage Fund - Series 2 - Scheme A - Growth NAV as at Sep 30, 2016: (Rs.) 12.04 Fund Manager: Amit Somani (Debt) & Sonam Udasi (Equity) NAV Per Unit (Rs.) Discrete 12 months performance 11.06 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) 10.03 Sep 30, 2014 to Sep 30, 2015 NA Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) 10.03 NA Last 3 years (September 30, 2013 to September 30, 2016) NA Last 5 years (September 30, 2011 to September 30, 2016) NA Last 10 years (September 30, 2006 to September 30, 2016) NA Last 15 years (September 30, 2001 to September 30, 2016) 10 Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 11 . 9 . 2014 )
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NAV Per Unit (Rs.) Discrete 12 months performance 11.16 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) 10.26 Sep 30, 2014 to Sep 30, 2015 NA Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) 10.26 NA Last 3 years (September 30, 2013 to September 30, 2016) NA Last 5 years (September 30, 2011 to September 30, 2016) NA Last 10 years (September 30, 2006 to September 30, 2016) NA Last 15 years (September 30, 2001 to September 30, 2016) 10 Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 27 . 6 . 2014 )
Fund
Crisil Crisil MIP Blended 10 Yr Gilt Index Index
8.25% 8.77% NA
11.17% 10.72% NA
11.11% 13.76% NA
8.49% NA NA NA NA 8.72%
10.93% 12.41% 10.15% 8.42% NA 11.05%
12.41% 10.53% 8.36% 7.06% 7.63% 12.07%
10,825 10,877 NA 11,773 NA NA NA NA 12,083
11,117 11,072 NA 12,309 14,209 16,224 22,459 NA 12,677
11,111 11,376 NA 12,640 13,507 14,946 19,793 30,154 12,942
Tata Dual Advantage Fund - Series 2 - Scheme B - Growth NAV as at Sep 30, 2016: (Rs.) 11.52 Fund Manager: Amit Somani (Debt) & Sonam Udasi (Equity) Fund
Crisil Crisil MIP Blended 10 Yr Gilt Index Index
8.92% 10.18% NA
11.17% 10.72% NA
11.11% 13.76% NA
9.53% NA NA NA NA 9.47%
10.93% 12.41% 10.15% 8.42% NA 10.82%
12.41% 10.53% 8.36% 7.06% 7.63% 12.30%
10,892 11,018 NA 12,000 NA NA NA NA 12,043
11,117 11,072 NA 12,309 14,209 16,224 22,459 NA 12,350
11,111 11,376 NA 12,640 13,507 14,946 19,793 30,154 12,692
NAV Per Unit (Rs.) Discrete 12 months performance 10.55 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) NA Sep 30, 2014 to Sep 30, 2015 NA Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance NA Last 2 years (September 30, 2014 to September 30, 2016) NA Last 3 years (September 30, 2013 to September 30, 2016) NA Last 5 years (September 30, 2011 to September 30, 2016) NA Last 10 years (September 30, 2006 to September 30, 2016) NA Last 15 years (September 30, 2001 to September 30, 2016) 10 Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 4 . 12 . 2014 )
Fund
Crisil Crisil MIP Blended 10 Yr Gilt Index Index
9.13% NA NA
11.17% NA NA
11.11% NA NA
NA NA NA NA NA 8.05%
10.93% 12.41% 10.15% 8.42% NA 9.25%
12.41% 10.53% 8.36% 7.06% 7.63% 10.66%
10,913 NA NA NA NA NA NA NA 11,517
11,117 NA NA 12,309 14,209 16,224 22,459 NA 11,752
11,111 NA NA 12,640 13,507 14,946 19,793 30,154 12,030
TATA MUTUAL FUND
44
SCHEME PERFORMANCE Tata Dual Advantage Fund - Series 2 - Scheme C - Growth NAV as at Sep 30, 2016: (Rs.) 11.36 Fund Manager: Amit Somani (Debt) & Sonam Udasi (Equity)
Tata Dual Advantage Fund - Series 3 - Scheme A - Growth NAV as at Sep 30, 2016: (Rs.) 11.13 Fund Manager: Amit Somani (Debt) & Sonam Udasi (Equity)
NAV Per Unit (Rs.) Discrete 12 months performance 10.43 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) NA Sep 30, 2014 to Sep 30, 2015 NA Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance NA Last 2 years (September 30, 2014 to September 30, 2016) NA Last 3 years (September 30, 2013 to September 30, 2016) NA Last 5 years (September 30, 2011 to September 30, 2016) NA Last 10 years (September 30, 2006 to September 30, 2016) NA Last 15 years (September 30, 2001 to September 30, 2016) 10 Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 5 . 2 . 2015 )
Fund
Crisil Crisil MIP Blended 10 Yr Gilt Index Index
8.91% NA NA
11.17% NA NA
11.11% NA NA
NA NA NA NA NA 8.00%
10.93% 12.41% 10.15% 8.42% NA 8.77%
12.41% 10.53% 8.36% 7.06% 7.63% 9.83%
10,891 NA NA NA NA NA NA NA 11,356
11,117 NA NA 12,309 14,209 16,224 22,459 NA 11,490
11,111 NA NA 12,640 13,507 14,946 19,793 30,154 11,675
Tata Offshore India Infrastructure Fund NAV as at Sep 30, 2016: (Rs.) 24.97 Fund Manager: Rupesh Patel
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 1 . 8 . 2008 )
www.tatamutualfund.com
NAV Per Unit (Rs.) Discrete 12 months performance 10.29 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) NA Sep 30, 2014 to Sep 30, 2015 NA Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance NA Last 2 years (September 30, 2014 to September 30, 2016) NA Last 3 years (September 30, 2013 to September 30, 2016) NA Last 5 years (September 30, 2011 to September 30, 2016) NA Last 10 years (September 30, 2006 to September 30, 2016) NA Last 15 years (September 30, 2001 to September 30, 2016) 10 Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 26 . 3 . 2015 )
Fund
Crisil Crisil MIP Blended 10 Yr Gilt Index Index
8.19% NA NA
11.17% NA NA
11.11% NA NA
NA NA NA NA NA 7.30%
10.93% 12.41% 10.15% 8.42% NA 9.62%
12.41% 10.53% 8.36% 7.06% 7.63% 10.42%
10,819 NA NA NA NA NA NA NA 11,129
11,117 NA NA 12,309 14,209 16,224 22,459 NA 11,496
11,111 NA NA 12,640 13,507 14,946 19,793 30,154 11,624
Tata Offshore India Opportunities Fund NAV as at Sep 30, 2016: (Rs.) 43.98 Fund Manager: Rupesh Patel and Danesh Mistry NAV Per Unit (Rs.)
Fund
S&P BSE Sensex
21.37 18.57 11.37
16.85% 15.08% 63.32%
6.54% -1.79% 37.41%
18.57 11.37 13.27 NA NA 10
15.94% 29.95% 13.46% NA NA 11.85%
2.29% 12.86% 11.10% NA NA 8.18%
11,685 11,508 16,332 13,446 21,961 18,817 NA NA 24,970
10,654 9,821 13,741 10,464 14,379 16,936 NA NA 19,013
Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Mar 31, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 26 . 7 . 2005 )
NAV Per Unit (Rs.)
Fund
S&P BSE Sensex
39.42 36.25 24.95
11.57% 8.74% 45.29%
6.54% -1.79% 37.41%
36.25 24.95 21.30 14.72 NA 10
10.13% 20.78% 15.59% 11.55% NA 14.15%
2.29% 12.86% 11.10% 8.38% NA 12.38%
11,157 10,874 14,529 12,132 17,627 20,648 29,869 NA 43,980
10,654 9,821 13,741 10,464 14,379 16,936 22,369 NA 36,895
TATA MUTUAL FUND
45
SCHEME PERFORMANCE Tata Offshore India Sharia Fund NAV as at Sep 30, 2016: (Rs.) 20.14 Fund Manager: Pradeep Gokhale NAV Per Unit (Rs.) Discrete 12 months performance Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Compounded Annualised Growth Rate Performance Last 2 years (September 30, 2014 to September 30, 2016) Last 3 years (September 30, 2013 to September 30, 2016) Last 5 years (September 30, 2011 to September 30, 2016) Last 10 years (September 30, 2006 to September 30, 2016) Last 15 years (September 30, 2001 to September 30, 2016) Since inception till Sep 30, 2016 Current Value of Standard Investment of Rs. 10000 Sep 30, 2015 to Sep 30, 2016 (Last 1 year) Sep 30, 2014 to Sep 30, 2015 Sep 30, 2013 to Sep 30, 2014 Last 2 years Last 3 years Last 5 years Last 10 years Last 15 years Since inception ( 4 . 10 . 2010 )
Fund
Nifty 50 Shariah
Nifty 50
19.37 17.03 11.24
3.98% 13.74% 51.51%
8.52% -0.39% 34.28%
8.33% -0.20% 38.87%
17.03 11.24 8.76 NA NA 10
8.74% 21.44% 18.10% NA NA 12.39%
3.97% 13.21% 11.89% NA NA 6.52%
3.97% 14.49% 11.73% NA NA 5.75%
10,398 11,374 15,151 11,826 17,918 22,991 NA NA 20,140
10,852 9,961 13,428 10,810 14,516 17,545 NA NA 14,604
10,833 9,980 13,887 10,812 15,014 17,420 NA NA 13,980
Past performance may or may not be sustained in future. Absolute returns is computed on investment is of Rs 10,000. For computation of since inception returns the allotment NAV has been taken as Rs.10.00 (Except for TLF, TFF, TTMF, TLMF, TMMF & TFRLTF where NAV is taken as Rs. 1,000). *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Load is not considered for computation of returns. While calculating returns dividend distribution tax is excluded. In case, the start/end date of the concerned period is non-business date, the benchmark value of the previous date is considered for computation of returns. ”N/A” - Not Available. Schemes in existence for less than 1 year, performance details for the same are not provided. Schemes in existence for more than 1 year performance provided for as many 12 months period as possible, for the period ended September 30, 2016. Mutual Fund Investments are subject to market risks, read all Scheme related documents carefully. N/A - data are not available for the period
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TATA MUTUAL FUND
46
Comparative Performance of all Tata FMP schemes Returns on investment of Rs 10,000 as on September 30, 2016
Fund / Benchmark
September 30, 2015 to September 30, 2016
September 30, 2014 to September 30, 2015
September 30, 2013 to September 30, 2014
Since Inception
Returns (%)
Absolute returns in Rs.
Returns (%)
Absolute returns in Rs.
Returns (%)
Tata FMP - Series 44 - Scheme B - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,729 10,931 11,111
7.29 9.31 11.11
11018 10990 11376
10.18 9.90 13.76
10,930 11,012 10,685
9.30 10.12 6.85
12,969 13,268 13,370
8.96 9.78 10.06
20-Sep-13
Tata FMP - Series 44 - Scheme D - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,912 11,151 11,111
9.12 11.51 11.11
10831 11256 11376
8.31 12.56 13.76
NA NA NA
NA NA NA
12,875 13,889 13,412
8.84 11.64 10.34
07-Oct-13
Tata FMP - Series 45 - Scheme A - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,750 10,931 11,111
7.50 9.31 11.11
10953 10990 11376
9.53 9.90 13.76
NA NA NA
NA NA NA
12,762 13,127 13,308
8.60 9.64 10.15
17-Oct-13
Tata FMP - Series 45 - Scheme C - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,772 10,931 11,111
7.72 9.31 11.11
10911 10990 11376
9.11 9.90 13.76
NA NA NA
NA NA NA
12,682 13,042 13,624
8.67 9.74 11.43
22-Nov-13
Tata FMP - Series 45 - Scheme D - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,810 10,931 11,111
8.10 9.31 11.11
10882 10990 11376
8.82 9.90 13.76
NA NA NA
NA NA NA
12,547 12,871 13,470
8.69 9.71 11.56
10-Jan-14
Tata FMP - Series 45 - Scheme E - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,783 10,931 11,111
7.83 9.31 11.11
10866 10990 11376
8.66 9.90 13.76
NA NA NA
NA NA NA
12,446 12,792 13,355
8.61 9.74 11.54
06-Feb-14
Tata FMP - Series 46 - Scheme A - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,791 10,931 11,111
7.91 9.31 11.11
10882 10990 11376
8.82 9.90 13.76
NA NA NA
NA NA NA
12,641 12,989 13,576
8.65 9.70 11.43
04-Dec-13
Tata FMP - Series 46 - Scheme B - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,800 10,931 11,111
8.00 9.31 11.11
10915 10990 11376
9.15 9.90 13.76
NA NA NA
NA NA NA
12,666 12,972 13,630
8.79 9.72 11.67
11-Dec-13
Tata FMP - Series 46 - Scheme C - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,802 10,931 11,111
8.02 9.31 11.11
10882 10990 11376
8.82 9.90 13.76
NA NA NA
NA NA NA
12,607 12,946 13,567
8.67 9.71 11.57
18-Dec-13
Tata FMP - Series 46 - Scheme D - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,887 11,151 11,111
8.87 11.51 11.11
10811 11256 11376
8.11 12.56 13.76
NA NA NA
NA NA NA
12,594 13,716 13,632
8.70 12.11 11.86
26-Dec-13
Tata FMP - Series 46 - Scheme E - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,775 10,931 11,111
7.75 9.31 11.11
10962 10990 11376
9.62 9.90 13.76
NA NA NA
NA NA NA
12,741 12,930 13,577
9.13 9.71 11.66
23-Dec-13
Tata FMP - Series 46 - Scheme H - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,775 10,931 11,111
7.75 9.31 11.11
10913 10990 11376
9.13 9.90 13.76
NA NA NA
NA NA NA
12,482 12,819 13,306
8.59 9.67 11.20
22-Jan-14
Tata FMP - Series 46 - Scheme I - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,825 10,931 11,111
8.25 9.31 11.11
10884 10990 11376
8.84 9.90 13.76
NA NA NA
NA NA NA
12,536 12,818 13,426
8.83 9.74 11.66
29-Jan-14
Tata FMP - Series 46 - Scheme K - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,890 11,151 11,111
8.90 11.51 11.11
10805 11256 11376
8.05 12.56 13.76
NA NA NA
NA NA NA
12,504 13,522 13,347
8.79 12.05 11.50
05-Feb-14
Tata FMP - Series 46 - Scheme L - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,778 10,931 11,111
7.78 9.31 11.11
10855 10990 11376
8.55 9.90 13.76
NA NA NA
NA NA NA
12,420 12,782 13,414
8.58 9.77 11.80
12-Feb-14
Tata FMP - Series 46 - Scheme M - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,912 11,151 11,111
9.12 11.51 11.11
10825 11256 11376
8.25 12.56 13.76
NA NA NA
NA NA NA
12,502 13,541 13,368
8.93 12.31 11.76
20-Feb-14
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CAGR Returns in Rs.
Inception Date
Absolute returns in Rs.
Returns (%)
TATA MUTUAL FUND
47
Comparative Performance of all Tata FMP schemes Returns on investment of Rs 10,000 as on September 30, 2016
Fund / Benchmark
September 30, 2015 to September 30, 2016
September 30, 2014 to September 30, 2015
September 30, 2013 to September 30, 2014
Since Inception
Returns (%)
Absolute returns in Rs.
Returns (%)
Absolute returns in Rs.
Returns (%)
Tata FMP - Series 46 - Scheme N - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,904 11,151 11,111
9.04 11.51 11.11
10823 11256 11376
8.23 12.56 13.76
NA NA NA
NA NA NA
12,444 13,489 13,335
8.88 12.35 11.85
07-Mar-14
Tata FMP - Series 46 - Scheme O - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,782 10,931 11,111
7.82 9.31 11.11
10852 10990 11376
8.52 9.90 13.76
NA NA NA
NA NA NA
12,378 12,748 13,459
8.57 9.81 12.13
26-Feb-14
Tata FMP - Series 46 - Scheme P - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,808 10,931 11,111
8.08 9.31 11.11
10872 10990 11376
8.72 9.90 13.76
NA NA NA
NA NA NA
12,438 12,719 13,368
8.84 9.79 11.93
05-Mar-14
Tata FMP - Series 46 - Scheme Q - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,907 11,151 11,111
9.07 11.51 11.11
10813 11256 11376
8.13 12.56 13.76
NA NA NA
NA NA NA
12,406 13,427 13,239
8.80 12.22 11.60
12-Mar-14
Tata FMP - Series 46 - Scheme R - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,911 11,151 11,111
9.11 11.51 11.11
10817 11256 11376
8.17 12.56 13.76
NA NA NA
NA NA NA
12,389 13,405 13,300
8.82 12.26 11.91
20-Mar-14
Tata FMP - Series 46 - Scheme S - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,811 10,931 11,111
8.11 9.31 11.11
10876 10990 11376
8.76 9.90 13.76
NA NA NA
NA NA NA
12,389 12,672 13,297
8.76 9.73 11.82
14-Mar-14
Tata FMP - Series 46 - Scheme T - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,910 11,151 11,111
9.10 11.51 11.11
10823 11256 11376
8.23 12.56 13.76
NA NA NA
NA NA NA
12,488 13,552 13,439
8.92 12.40 12.04
24-Feb-14
Tata FMP - Series 47 - Scheme A - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,755 10,931 11,111
7.55 9.31 11.11
10864 10990 11376
8.64 9.90 13.76
NA NA NA
NA NA NA
12,260 12,635 13,278
8.38 9.68 11.85
21-Mar-14
Tata FMP - Series 47 - Scheme C - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,910 11,151 11,111
9.10 11.51 11.11
10836 11256 11376
8.36 12.56 13.76
NA NA NA
NA NA NA
12,369 13,350 13,251
8.81 12.16 11.83
26-Mar-14
Tata FMP - Series 47 - Scheme D - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,910 11,151 11,111
9.10 11.51 11.11
10817 11256 11376
8.17 12.56 13.76
NA NA NA
NA NA NA
12,363 13,339 13,261
8.81 12.15 11.89
28-Mar-14
Tata FMP - Series 47 - Scheme E - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,902 11,151 11,111
9.02 11.51 11.11
10838 11256 11376
8.38 12.56 13.76
NA NA NA
NA NA NA
12,331 13,408 13,387
8.83 12.57 12.50
10-Apr-14
Tata FMP - Series 47 - Scheme F - Plan A - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,898 11,151 11,111
8.98 11.51 11.11
10844 11256 11376
8.44 12.56 13.76
NA NA NA
NA NA NA
12,314 13,310 13,238
8.84 12.34 12.09
17-Apr-14
Tata FMP - Series 47 - Scheme H - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,900 11,151 11,111
9.00 11.51 11.11
10886 11256 11376
8.86 12.56 13.76
NA NA NA
NA NA NA
12,315 13,198 13,181
8.98 12.14 12.08
30-Apr-14
Tata FMP - Series 47 - Scheme I - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,847 10,931 11,111
8.47 9.31 11.11
10921 10990 11376
9.21 9.90 13.76
NA NA NA
NA NA NA
12,272 12,511 13,207
8.80 9.67 12.14
28-Apr-14
Tata FMP - Series 47 - Scheme J - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
10,911 11,151 11,111
9.11 11.51 11.11
10840 11256 11376
8.40 12.56 13.76
NA NA NA
NA NA NA
12,354 13,437 13,458
8.85 12.58 12.65
04-Apr-14
Tata FMP - Series 47 - Scheme M - Reg - Growth Scheme Benchmark (Crisil Short Term Bond Fund Index) Crisil 10 Yr Gilt Index
10,843 10,931 11,111
8.43 9.31 11.11
10904 10990 11376
9.04 9.90 13.76
NA NA NA
NA NA NA
12,194 12,409 13,067
8.75 9.56 11.98
21-May-14
www.tatamutualfund.com
CAGR Returns in Rs.
Inception Date
Absolute returns in Rs.
Returns (%)
TATA MUTUAL FUND
48
Comparative Performance of all Tata FMP schemes Returns on investment of Rs 10,000 as on September 30, 2016
Fund / Benchmark
Tata FMP - Series 47 - Scheme N - Reg - Growth Scheme Benchmark (Crisil Composite Bond Fund Index) Crisil 10 Yr Gilt Index
September 30, 2015 to September 30, 2016
September 30, 2014 to September 30, 2015
September 30, 2013 to September 30, 2014
Absolute returns in Rs.
Returns (%)
Absolute returns in Rs.
Returns (%)
Absolute returns in Rs.
Returns (%)
10,853 11,151 11,111
8.53 11.51 11.11
10916 11256 11376
9.16 12.56 13.76
NA NA NA
NA NA NA
Since Inception CAGR Returns in Rs.
12,167 12,887 12,881
Returns (%)
8.80 11.52 11.50
Inception Date
04-Jun-14
Past performance may or may not be sustained in future. Absolute returns is computed on investment is of Rs 10,000. For computation of since inception returns the allotment NAV has been taken as Rs. 10.00. All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Load is not considered for computation of returns. While calculating returns dividend distribution tax is excluded. In case, the start/end date of the concerned period is non-business date, the benchmark value of the previous date is considered for computation of returns. ”NA” - Not Available. Schemes in existence for less than 1 year, performance details for the same are not provided. Schemes in existence for more than 1 year performance provided for as many 12 months period as possible, for the period ended September 30, 2016. Mutual Fund Investments are subject to market risks, read all Scheme related documents carefully.
Past performance may or may not be sustained in future. $IWHUSD\PHQWRIGLYLGHQGWKH1$9ZLOOIDOOWRWKHH[WHQWRIGLYLGHQGSD\RXWDQGVWDWXWRUy levy, if any. (Unit face value - ` 10/-). 3XUVXDQWWRDOORWPHQWRIERQXVXQLWVWKH1$9RIWKHVFKHPHZRXOGIDOOLQSURSRUWLRQWRWKHERQXVXQLWVDOORWWHG DVDUHVXOWWKHWRWDOYDOXHRIXQLWVKHOGE\LQYHVWRUZRXOGUHPDLQWKHVDPH The Std. Dev., Sharpe Ratio, Jensen’s Alpha, Treynor, Portfolio Beta & R-squared are based on one month return calculated using last 3 years data. Price/Earning Ratio, Price/Book Value Ratio, are based on the historical earnings and accounting numbers, and have been computed only for the invested portion of the portfolio. Portfolio turnover has been computed as the ratio of the lower value of average purchase and average sales to the average net assets in the past one year (For schemes that have not completed one year, since inception is considered) Cash & Cash Equivalents includes CBLO, REPO, Fixed Deposits and Cash & Bank Balance.
$-ICRA’s mutual fund rating methodology is based on evaluating the inherent credit quality of the fund’s portfolio. As a measure of the credit quality of a debt fund’s assets. ICRA uses the concept of ‘credit scores’. These scores are based on ICRA’s estimates of credit risk associated with each exposure of the portfolio taking into account its maturity. To quantify the credit risk scores, ICRA uses its database of historical default rates for various rating categories for various maturity buckets. The credit risk ratings incorporate ICRA’s assessment of a debt fund’s published investment objectives and policies, its management characteristics, and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on an ongoing basis to support its published rating opinions. If the portfolio credit score meets the benchmark of the assigned rating during the review, the rating is retained. In an event that the benchmark credit score is breached, ICRA gives a month’s time to the debt fund manager to bring the portfolio credit score within the benchmark credit score. If the debt fund manager is able to reduce the portfolio credit score within the benchmark credit score, the rating is retained. If the portfolio still continues to breach the benchmark credit score, the rating is revised to reflect the change in credit quality. Note : Media & Entertainment Sector includes stock of Navneet Education Ltd. which is approved by our Sharia advisors Dar-ul-Sharia. This Company is in the business of Publication of education related books & Stationery items.
www.tatamutualfund.com
TATA MUTUAL FUND
49
DIVIDEND / BONUS HISTORY Tata Equity P/E Fund
Tata Large Cap Fund 'DWHRI'HFODUDWLRQRIGLYLGHQG
(Before 30th September 2009) 'DWHRI'HFODUDWLRQRIGLYLGHQG Reg. 23-09-2004 25-03-2008
0.50 0.50
5HJ1$9
Direct
'LUHFW1$9
11.4449 31.1969
(After Split under Dividend Option w.e.f. 1st Oct. 2009 - Dividend Trigger Option A (5%)) 26-11-2009 15-01-2010 27-08-2010 03-09-2010 11-10-2010 10-01-2011 13-04-2011 11-07-2011 08-11-2011 20-01-2012 16-04-2012 11-07-2012 12-10-2012 11-01-2013 28-05-2013 30-09-2013 24-10-2013 10-01-2014 09-04-2014 11-07-2014 16-10-2014 12-01-2015 17-04-2015 11-07-2016 17-08-2016
1.80 1.50 1.50 1.00 1.75 1.75 1.50 1.50 1.25 1.00 1.00 1.00 0.40 0.50 0.50 0.25 0.32 0.35 0.35 0.40 0.50 0.50 0.60 0.60
39.8535 41.2148 41.0426 40.4276 43.0925 38.1627 36.9789 34.3724 30.7136 27.9373 29.1452 27.3998 28.6604 29.9969 27.0385 24.9834 26.5125 27.7315 31.1352 38.2980 40.4649 46.1162 47.3644 48.8502
0.50 0.50 0.25 0.32 0.35 0.35 0.40 0.50 0.50 0.60 0.60 2.5
30.0014 27.0932 25.1002 26.6491 27.9225 31.4055 38.2980 40.9834 46.7900 48.1532 50.0432 52.7728
(After Split under Dividend Option w.e.f. 1st Oct. 2009 - Dividend Trigger Option B (10%)) 15-01-2010 27-08-2010 11-10-2010 13-04-2011 02-02-2012 16-04-2012 30-08-2012 12-10-2012 28-01-2013 09-04-2014 29-05-2014 11-07-2014 20-10-2014 12-01-2015 01-08-2016
3.00 1.50 3.50 3.00 2.25 2.00 1.00 0.80 0.80 0.75 0.80 0.95 0.95 1.00 4.75
43.1703 41.5023 44.6825 38.5898 32.1223 30.795 28.1294 29.3619 30.1694 32.8529 37.3611 39.0904 41.1091 46.6071 51.1904
0.80 0.75 0.80 0.95 0.95 1.00 4.60
30.1773 33.1223 37.7099 39.4969 41.6410 45.9176 52.3714
15-06-1999 30-12-1999 19-07-2000 30-09-2003 03-12-2003 07-01-2004 25-03-2004 02-12-2004 27-04-2005 17-01-2006 01-06-2007 17-04-2009 09-07-2010 02-03-2012 22-02-2013 27-01-2014 19-01-2015 18-03-2016
1.60 10.00 2.00 2.50 1.50 2.00 1.50 2.00 1.50 1.00 3.00 2.00 2.00 2.50 3.00 2.00 4.00 3.35
'DWHRI'HFODUDWLRQRIGLYLGHQG
'DWHRI'HFODUDWLRQRIGLYLGHQG
Reg. 0.40 1.00 1.00 1.00 1.50 2.00 1.50 1.00 1.00 1.00 1.00 2.25 1.00
5HJ1$9 11.0776 14.2886 11.9191 23.8872 16.2605 22.4296 22.8224 18.8054 19.9549 18.6141 19.4567 29.1279 24.4357
Direct
1.00 2.25 1.00
'LUHFW1$9
19.4666 29.5709 24.9806
14.3931 24.813 14.2437 16.1903 17.5102 17.7633 15.1738 17.3620 16.7626 21.9085 31.5816 22.9656 38.2936 35.7849 37.1119 36.7714 49.5911 42.6650
Direct
'LUHFW1$9
3.00 2.00 4.00 2.15
37.1342 37.0296 50.2921 44.1396
'LYLGHQGSX` RQFace 9DOXHRI` 10 Reg.
5HJ1$9
15-06-1999 14-01-2000 10-12-2003 20-10-2005 14-12-2007 04-09-2009
2.00 2.00 1.00 10.10 3.00 3.00
16.891 41.492 23.977 40.1923 63.7228 44.4002
22-01-2010 23-12-2011 08-02-2012 03-12-2012 23-12-2013 19-12-2014 06-02-2015 26-02-2016
5.00 2.00 1.50 1.50 2.00 2.75 2.85 9.00
46.981 41.0711 43.2445 47.4439 48.7181 68.6750 70.7073 61.8351
Direct
'LUHFW1$9
2.00
48.9612
2.00
69.0096
Bonus History Bonus Units in March’ 2000
01:01
TDWD(WKLFDOFund 'LYLGHQGSX` RQFace 9DOXHRI` 10 Reg.
'LYLGHQGSX` RQFace 9DOXHRI` 10
5HJ1$9
7DWD,QGLD7D[6DYLQJV)XQG
'DWHRI'HFODUDWLRQRIGLYLGHQG
TDWD'LYLGHQGYLHOGFund
07-02-2005 20-12-2005 21-07-2006 14-12-2007 03-07-2009 23-07-2010 31-12-2010 18-03-2011 27-07-2011 09-03-2012 31-01-2013 27-02-2015 22-01-2016
'LYLGHQGSX` RQFace 9DOXHRI` 10 Reg.
'LYLGHQGSX` RQFace 9DOXHRI` 10
5HJ1$9
09-08-1999 07-03-2000 23-01-2004 17-11-2006 20-07-2007 21-09-2007
1.00 2.50 1.50 2.50 2.00 4.00
13.3985 29.7093 16.6602 41.8432 49.3941 49.7288
31-07-2009 22-10-2010 26-04-2012 07-12-2012 21-03-2014 05-12-2014 30-12-2015
2.00 5.00 2.00 1.00 3.00 5.50 4.75
36.707 50.5873 40.1006 44.877 52.6136 68.5591 66.8382
Direct
'LUHFW1$9
Bonus History Bonus Units in March’ 2000
01:02
Past performance may or may not be sustained in future. $IWHUSD\PHQWRIGLYLGHQGWKH1$9ZLOOIDOOWRWKHH[WHQWRIGLYLGHQGSD\RXWDQGVWDWXWRU\OHYy, if any8QLWIDFHYDOXH` 3XUVXDQWWRDOORWPHQWRIERQXVXQLWVWKH1$9RIWKHVFKHPHZRXOGIDOOLQSURSRUWLRQWRWKHERQXVXQLWVDOORWWHG DVDUHVXOWWKHWRWDOYDOXHRIXQLWVKHOGE\LQYHVWRUZRXOGUHPDLQWKHVDPH
www.tatamutualfund.com
TATA MUTUAL FUND
50
DIVIDEND / BONUS HISTORY Tata Balanced Fund Dividend Option Date of Declaration of dividend
0RQWKO\'LYLGHQG2SWLRQ
Dividend p.u. (`) on Face Value of ` 10 Reg.
Reg. NAV
15-07-1999 03-04-2000 09-09-2003 11-03-2004 12-01-2005 01-12-2006
1.25 2.50 1.25 1.50 3.00 4.00
12.9027 20.0062 19.0084 22.6691 24.7554 40.5078
13-07-2007 07-12-2007 24-04-2009 19-03-2010 15-02-2012 05-03-2013 21-03-2014 13-02-2015 08-03-2016
2.00 1.00 1.00 3.00 3.00 5.50 3.25 8.60 5.75
42.7533 52.4219 32.5227 50.937 53.6877 56.8898 58.7461 87.0819 67.0250
Direct
Date of Declaration of dividend
Direct NAV
5.50 3.25 8.60 5.75
56.9342 59.2767 88.3172 68.4819
Tata Balanced Fund 0RQWKO\'LYLGHQG2SWLRQ Date of Declaration of dividend
Dividend p.u. (`) on Face Value of ` 10 Reg.
13-08-2010 13-09-2010 08-10-2010 12-11-2010 10-12-2010 14-01-2011 11-02-2011 11-03-2011 08-04-2011 13-05-2011 10-06-2011 08-07-2011 12-08-2011 09-09-2011 14-10-2011 11-11-2011 09-12-2011 13-01-2012 10-02-2012 09-03-2012 13-04-2012 11-05-2012 08-06-2012 13-07-2012 10-08-2012 14-09-2012 12-10-2012 09-11-2012 14-12-2012 14-01-2013 08-02-2013 05-03-2013 03-04-2013 03-05-2013 05-06-2013 03-07-2013 05-08-2013 04-09-2013 03-10-2013 05-11-2013 04-12-2013 06-01-2014
0.1000 0.5173 0.5329 0.5482 0.5300 0.5135 0.4804 0.4697 0.4835 0.4705 0.4770 0.4795 0.8000 0.8000 0.2500 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.2500 0.2500 0.2300 0.2000 0.2500
Reg. NAV 51.3412 53.1638 53.9529 54.0193 50.8391 49.1985 46.2226 46.6244 48.8005 47.9953 47.4998 48.1593 45.5027 44.5255 43.641 43.7191 41.6013 41.4199 44.1551 44.3462 43.9782 42.2765 42.6831 44.1681 44.5514 45.7662 46.8467 46.6436 47.8167 48.4127 46.4548 45.3818 44.7321 45.7388 46.1426 44.5114 42.8851 41.9112 44.5623 46.0275 45.7847 47.1149
Direct
Direct NAV
Dividend p.u. (`) on Face Value of ` 10 Reg.
05-02-2014 05-03-2014 03-04-2014 05-05-2014 04-06-2014 03-07-2014 05-08-2014 03-09-2014 30-09-2014 03-11-2014 03-12-2014 05-01-2015 04-02-2015 03-03-2015 01-04-2015 05-05-2015 03-06-2015 03-07-2015 05-08-2015 03-09-2015 01-10-2015 03-11-2015 09-12-2015 04-01-2016 03-02-2016 01-03-2016 04-04-2016 03-05-2016 02-06-2016 04-07-2016 04-08-2016 01-09-2016
0.2000 0.2000 0.2500 0.2500 0.3000 0.3000 0.3000 0.3500 0.3000 0.3000 0.3000 0.3000 0.3000 0.4700 0.4800 0.4600 0.4600 0.4500 0.4600 0.4600 0.4400 0.4500 0.4300 0.4100 0.3900 0.3900 0.4100 0.4200 0.4200 0.4000 0.4200 0.4400
Reg. NAV
Direct
Direct NAV
45.4166 47.378 49.2444 49.7024 55.8113 59.4105 58.7937 61.4845 61.7928 63.5735 66.8698 67.0058 69.8159 72.6460 71.5057 68.9951 67.6390 69.1757 70.7089 66.6045 67.1021 66.6877 64.1480 65.5624 61.7757 59.3893 62.7495 62.8585 64.4614 65.9106 67.8544 68.9401
0.2000 0.2000 0.2500 0.2500 0.3000 0.3000 0.3000 0.3500 0.3000 0.3000 0.3000 0.3000 0.3000 0.4700 0.4800 0.4600 0.4600 0.4500 0.4600 0.4600 0.4400 0.4500 0.4300 0.4100 0.3900 0.3900 0.4100 0.4200 0.4200 0.4000 0.4200 0.4400
45.8404 47.8459 49.7425 50.2374 56.4367 60.1184 59.5357 62.2848 62.6254 64.4604 67.8294 68.0013 70.8848 73.7830 72.6615 70.1440 68.7928 70.4013 71.9936 67.8400 68.3604 67.9696 65.4071 66.8673 63.0275 60.6055 64.0581 64.1921 65.8509 67.3557 69.3683 70.5262
Tata Infrastructure Fund Date of Declaration of dividend
Dividend p.u. (`) on Face Value of ` 10 Reg.
07-07-2005 10-11-2006 09-03-2007 14-09-2007 11-03-2008 25-09-2009 23-03-2010 09-03-2015 11-03-2016
0.45 1.50 2.00 2.00 1.00 1.00 0.60 2.30 1.75
Reg. NAV
Direct
Direct NAV
11.423 22.04 19.0546 24.0726 24.6787 30.9984 22.2871 29.9675 21.3804
1.75
25.2637
Tata Equity Opportunities Fund (Data provided since 2005) Date of Declaration of dividend
Dividend p.u. (`) on Face Value of ` 10 Reg.
0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.2500 0.2500 0.2300 0.2000 0.2500
48.4404 46.4936 45.4322 44.7321 45.8346 46.2644 44.6494 43.0735 42.1607 44.8567 46.3088 46.0823 47.5278
11-05-2005 29-11-2005 20-03-2006 12-04-2006 05-05-2006 29-06-2007 30-11-2007 26-06-2009 26-03-2010 22-06-2010 30-09-2010 31-12-2010 23-03-2012
1.00 1.00 5.00 1.00 1.00 1.00 1.00 1.50 2.00 0.50 1.00 0.50 1.00
Reg. NAV
Direct
Direct NAV
15.8183 20.135 25.2299 21.129 21.4375 23.3049 31.1517 18.9974 24.1747 22.0757 23.9899 22.491 19.9545
Past performance may or may not be sustained in future. $IWHUSD\PHQWRIGLYLGHQGWKH1$9ZLOOIDOOWRWKHH[WHQWRIGLYLGHQGSD\RXWDQGVWDWXWRUy levy, if any. (Unit face value - ` 10/-). 3XUVXDQWWRDOORWPHQWRIERQXVXQLWVWKH1$9RIWKHVFKHPHZRXOGIDOOLQSURSRUWLRQWRWKHERQXVXQLWVDOORWWHG DVDUHVXOWWKHWRWDOYDOXHRIXQLWVKHOGE\LQYHVWRUZRXOGUHPDLQWKHVDPH
www.tatamutualfund.com
TATA MUTUAL FUND
51
DIVIDEND / BONUS HISTORY Tata Mid Cap Growth Fund (Earlier Tata Growth Fund) Date of Declaration of dividend Reg. 07-03-2014 30-01-2015 12-02-2016 16-09-2004 25-08-2006 23-03-2007 16-11-2007 21-12-2007 14-05-2010 28-11-2013 21-11-2014 30-12-2015
Monthly Dividend Option
Dividend p.u. (`) on Face Value of ` 10
1.20 2.75 2.35 0.80 2.00 10.00 2.00 3.00 2.00 1.00 2.75 2.50
Reg. NAV 24.0588 34.9030 27.7400 13.9211 24.5465 26.731 25.2763 23.5461 18.4055 19.358 34.7881 36.3854
Direct
Direct NAV
1.20 2.75
24.2062 35.4231
1.00
19.4794
0.25
40.4505
Tata Regular Savings Equity Fund (Data provided since 2008) (Earlier known as Tata Monthly Income Fund) Monthly Dividend Option Date of Declaration of dividend
Dividend p.u. (`) on Face Value of ` 10
Reg.
Reg. NAV
16-01-2008 14-02-2008 17-03-2008 15-04-2008 15-05-2008 16-06-2008
0.0468 0.0452 0.0499 0.0452 0.0468 0.0499
12.1955 11.9962 11.873 11.8911 11.9193 11.7853
18-08-2008 15-09-2008 14-10-2008 29-10-2008 14-11-2008 15-12-2008 15-01-2009 16-02-2009 16-03-2009 15-04-2009 14-05-2009 15-06-2009 16-07-2009 14-08-2009 15-09-2009 14-10-2009 16-11-2009 15-12-2009 15-01-2010 15-02-2010 15-03-2010 15-04-2010 14-05-2010 15-06-2010 15-07-2010 16-08-2010 15-09-2010 14-10-2010 15-11-2010 15-12-2010 17-01-2011 15-02-2011 15-03-2011 15-04-2011 16-05-2011 16-06-2011 15-07-2011 16-08-2011 15-09-2011
0.0515 0.0336 0.0348 0.0187 0.0230 0.0595 0.0595 0.0384 0.0336 0.0432 0.0418 0.0614 0.0447 0.0557 0.0614 0.0418 0.0475 0.0418 0.0447 0.0447 0.0403 0.0448 0.0419 0.0462 0.0505 0.0462 0.0433 0.0419 0.0400 0.0433 0.0400 0.0419 0.0337 0.0598 0.0449 0.0434 0.0434 0.0463 0.058
11.6523 11.6441 11.4095 11.2901 11.3999 12.004 12.0284 11.8638 11.924 12.3101 12.2781 12.4446 12.4387 12.3974 12.4156 12.3478 12.4267 12.396 12.4878 12.3171 12.2809 12.3349 12.3266 12.3229 12.3348 12.272 12.3329 12.305 12.3094 12.1697 12.1335 12.0581 11.996 12.1026 11.9725 11.913 12.0924 12.0332 12.0023
Direct
Direct NAV
Date of Declaration of dividend
Dividend p.u. (`) on Face Value of ` 10 Reg.
Reg. NAV
17-10-2011 15-11-2011 15-12-2011 16-01-2012 15-02-2012 15-03-2012 16-04-2012 15-05-2012 15-06-2012 16-07-2012 16-08-2012 17-09-2012 15-10-2012 15-11-2012 17-12-2012 15-01-2013
0.0463 0.042 0.0434 0.0463 0.0434 0.042 0.0463 0.042 0.0449 0.0449 0.0449 0.0463 0.0405 0.0449 0.0463 0.056
11.9024 11.8737 11.97 12.0356 12.286 12.1817 12.2263 12.1879 12.2437 12.3192 12.398 12.5021 12.6204 12.6205 12.7493 12.9512
14-02-2013 14-03-2013 15-04-2013 15-05-2013 14-06-2013 15-07-2013 16-08-2013 16-09-2013 15-10-2013 15-01-2014 13-02-2014 12-03-2014 15-04-2014 15-05-2014 12-06-2014 15-07-2014 12-08-2014 15-09-2014 16-10-2014 13-11-2014 14-01-2015 12-02-2015 12-03-2015 15-04-2015 14-05-2015 12-06-2015 15-07-2015
0.058 0.0541 0.0523 0.0576 0.0513 0.0529 0.0546 0.0529 0.0496 0.0513 0.0496 0.0461 0.0581 0.0513 0.0478 0.0563 0.0478 0.0581 0.0509 0.0446 0.0478 0.0462 0.0446 0.0541 0.0459 0.0459 0.0522
12.8569 12.8211 12.8013 13.1695 13.0571 12.9694 12.4066 12.5641 12.7097 12.7377 12.5511 12.6694 12.6933 12.8391 13.1413 13.0827 13.0602 13.2548 13.2927 13.5226 13.8422 14.0271 14.0421 14.0413 13.8441 13.6730 13.8253
Direct
Direct NAV
0.0478 0.0563 0.0478 0.0581 0.0509 0.0446 0.0478 0.0462 0.0446 0.0541 0.0459 0.0459 0.0522
13.1430 13.094 13.0792 13.2813 13.3304 13.5704 13.9058 14.1014 14.1261 14.1222 13.9343 13.7673 13.9281
Tata Young Citizens’ Fund Bonus History Bonus Units in March’ 1999 Bonus Units in March’ 2000 Bonus Units in Nov’ 2003 Bonus Units in Nov’ 2007 Bonus Units in Nov’ 2010 Bonus Units in Nov’ 2011
01:03 01:02 01:04 01:02 01:03 01:05
Past performance may or may not be sustained in future. $IWHUSD\PHQWRIGLYLGHQGWKH1$9ZLOOIDOOWRWKHH[WHQWRIGLYLGHQGSD\RXWDQGVWDWXWRUy levy, if any. (Unit face value - ` 10/-). 3XUVXDQWWRDOORWPHQWRIERQXVXQLWVWKH1$9RIWKHVFKHPHZRXOGIDOOLQSURSRUtion to the bonus units allotted & as a result the total value of units held by investor would remain the same.
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TATA MUTUAL FUND
52
HOW TO READ FACT SHEET
Exit Load Exit Load is charged at the time an investor redeems the units of a mutual fund. The exit load is reduced from the prevailing NAV at the time of redemption. The investor will receive redemption proceeds at net value of NAV less Exit Load. For instance if the NAV is Rs. 100 and the exit load is 1%, the investor will receive Rs. 99.
www.tatamutualfund.com
TATA MUTUAL FUND
53
R-Squared: R-squared measures the relationship between a portfolio and its benchmark. It is simply a measure of the correlation of the portfolio's returns to the benchmark's returns. Treynor Ratio: Treynor Ratio is a measurement of efficiency utilizing the relationship between annualized risk-adjusted return and risk. Unlike Sharpe Ratio, Treynor Ratio utilizes "market" risk (beta) instead of total risk (standard deviation). Jensen Alpha: A measure of the difference between a fund's actual returns and its expected performance, given its level of risk as measured by beta. Jensen’s Alpha is equivalent to the alpha derived from regressing the series or portfolio’s returns in excess of the risk free rate against the market return in excess of the risk free rate. www.tatamutualfund.com
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