INVESTMENT STYLE:

Debt Fund predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

INVESTMENT OBJECTIVE:

The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. 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:

October 10,2019

FUND MANAGER(S)

Amit Somani (Managing Since 06-Sep-19 and overall experience of 22 years)

BENCHMARK:

CRISIL Banking and PSU Debt A-II Index

NAV

Direct - IDCW	: 13.4512
Direct - Growth	: 13.4512
Regular - IDCW	: 13.1455
Regular - Growth	: 13.1455
FUND SIZE
Rs.207.53 (Rs. in Cr.)
MONTHLY AVERAGE AUM
Rs. 211.71 (Rs. in Cr.)
EXPENSE RATIO**
Direct	0.26
Regular	0.72
**Note: The rates specified are actual month end expenses charged as on May 31, 2024 The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, borrowing cost, wherever applicable.

VOLATILITY MEASURES^	FUND	BENCHMARK
Std. Dev (Annualised)	1.14	1.10
Portfolio Beta	0.98	NA
R Squared	0.94	NA
Treynor	-0.15	NA
Jenson	-0.03	NA
Portfolio Macaulay Duration	:	1.86 Years
Modified Duration	:	1.74 Years
Average Maturity	:	2.03 Years
Gross Yield to Maturity (For Debt Component)*
- Including Net Current Assets	:	7.63%
*Computed on the invested amount for debt portfolio.
^Risk-free rate based on the FBIL Overnight MIBOR rate of 6.76% as on May 31, 2024 For calculation methodology

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	Nil

Please refer to our Tata Mutual Fund website for fundamental changes, wherever applicable