Tata Money Market Fund-Regular Plan - Growth Option

Tata Money Market Fund-Regular Plan - Growth Option is a scheme launched by Tata Mutual Fund on May 23, 2003, and falls under the Money Market fund category. It currently manages an AUM of Rs 41,420.81 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.42% for managing the portfolio.

• Investing Strategy:

  The investment objective is to generate returns with reasonable liquidity to the unitholders by investing in money market instruments.

• Performance:

  Tata Money Market Fund-Regular Plan - Growth Option trailing returns over different times are 7.8% (1 year), 7.48% (3 year) and 6.11% (5 year). The average annual return of this fund stands at 5.47%.