Tata Short Term Bond Fund (An open ended short term debt scheme investing in instruments with Macaulay duration between 1 year and 3 years (Refer to page no. 15 of SID). A Relatively High Interest Rate Risk and Moderate Credit Risk.) |
Tata Short Term Bond Fund (An open ended short term debt scheme investing in instruments with Macaulay duration between 1 year and 3 years (Refer to page no. 15 of SID). A Relatively High Interest Rate Risk and Moderate Credit Risk.) |
As on 31st May 2024
A debt scheme that invests in short term debt instruments having high level of liquidity.
INVESTMENT OBJECTIVE:The investment objective is to generate regular income/appreciation over a short term period. There can be no assurance that the investment objective of the Scheme will be realised.
DATE OF ALLOTMENT:August 8, 2002
FUND MANAGER(S)Murthy Nagarajan (Managing Since 01-Apr-17 and overall experience of 27 years) & Abhishek Sonthalia (Managing Since 06-Feb-20 and overall experience of 15 years)
BENCHMARK:CRISIL Short Duration Debt A-II Index
NAVDirect - Growth | : 48.3117 |
Direct - Monthly IDCW | : 21.9395 |
Direct -IDCW | : 25.6321 |
Reg - Growth | : 44.0585 |
Reg - Monthly IDCW | : 19.8948 |
Reg -IDCW | : 23.3432 |
FUND SIZE | |
Rs. 2210.08 (Rs. in Cr.) | |
MONTHLY AVERAGE AUM | |
Rs.2240.07 (Rs. in Cr.) | |
EXPENSE RATIO** | |
Direct | 0.36 |
Regular | 1.18 |
**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) | 1.16 | 1.17 |
Portfolio Beta | 0.88 | NA |
R Squared | 0.84 | NA |
Treynor | -0.19 | NA |
Jenson | -0.06 | NA |
Portfolio Macaulay Duration | : | 2.79 Years |
Modified Duration | : | 2.66 Years |
Average Maturity | : | 3.39 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 |
Rs. 5,000/- and in multiples of Re. 1/- thereafter.
ADDITIONAL INVESTMENT/Rs. 1,000/- and multiples of Re. 1/- thereafter.
LOAD STRUCTURE:ENTRY LOAD | Not Applicable |
EXIT LOAD |
Nil (w.e.f 24th January, 2019) |
Name of the Instrument | Ratings | Market Value Rs Lakhs |
% of NAV |
Debt Instruments | |||
Government Securities | 68625.85 | 31.06 | |
GOI - 7.32% (13/11/2030) | SOV | 13682.13 | 6.19 |
GOI - 7.18% (14/08/2033) | SOV | 12864.55 | 5.82 |
GOI - 7.38% (20/06/2027) | SOV | 8448.33 | 3.82 |
GOI - 7.17% (17/04/2030) | SOV | 6534.66 | 2.96 |
Sgs Gujarat 7.64% (10/01/2031) | SOV | 6467.88 | 2.93 |
GOI - 7.06% (10/04/2028) | SOV | 5000.63 | 2.26 |
GOI - 7.10% (08/04/2034) | SOV | 4831.27 | 2.19 |
GOI - 7.10% (18/04/2029) | SOV | 2003.55 | 0.91 |
Sgs Maharashtra 7.45% (20/03/2037) | SOV | 2015.08 | 0.91 |
Sgs Maharashtra 7.48% (07/02/2035) | SOV | 1511.30 | 0.68 |
Sgs Maharashtra 7.49% (07/02/2036) | SOV | 1070.25 | 0.48 |
SDL Gujarat 7.19% (25/01/2027) | SOV | 997.44 | 0.45 |
Sgs Tamilnadu 7.44% (20/03/2034) | SOV | 501.39 | 0.23 |
Sgs Maharashtra 7.63% (31/01/2036) | SOV | 509.78 | 0.23 |
GOI - 7.27% (08/04/2026) | SOV | 482.61 | 0.22 |
Sgs Uttar Pradesh 7.62% (20/12/2034) | SOV | 456.97 | 0.21 |
Sgs Maharashtra 7.63% (31/01/2035) | SOV | 406.95 | 0.18 |
GOI - 7.26% (06/02/2033) | SOV | 258.99 | 0.12 |
Sgs Tamilnadu 7.42% (03/04/2034) | SOV | 200.28 | 0.09 |
GOI - 5.79% (11/05/2030) | SOV | 193.08 | 0.09 |
GOI - 5.77% (03/08/2030) | SOV | 57.03 | 0.03 |
Sgs Maharashtra 7.70% (08/11/2034) | SOV | 51.08 | 0.02 |
GOI - 6.19% (16/09/2034) | SOV | 36.09 | 0.02 |
GOI - 7.26% (14/01/2029) | SOV | 25.70 | 0.01 |
GOI - 6.54% (17/01/2032) | SOV | 18.42 | 0.01 |
SDL Tamilnadu 8.18% (19/12/2028) | SOV | 0.41 | 0.00 |
Non-Convertible Debentures/Bonds | 136794.97 | 61.90 | |
07.57 % Nabard | CRISIL AAA | 7474.73 | 3.38 |
07.90 % Bajaj Finance Ltd. | CRISIL AAA | 7468.83 | 3.38 |
07.25 % Small Indust Devlop Bank Of India | CRISIL AAA | 7456.29 | 3.37 |
06.40 % Jamnagar Utilities & Power Pvt. Ltd. (Mukesh Ambani Group) | CRISIL AAA | 7265.72 | 3.29 |
07.68 % Indian Railways Finance Corporation Ltd. | CRISIL AAA | 5007.72 | 2.27 |
07.45 % Exim | CRISIL AAA | 5001.03 | 2.26 |
07.84 % LIC Housing Finance Ltd. | CRISIL AAA | 4989.06 | 2.26 |
07.64 % Power Finance Corporation | CRISIL AAA | 4993.01 | 2.26 |
07.55 % Power Finance Corporation | CRISIL AAA | 4987.97 | 2.26 |
07.61 % LIC Housing Finance Ltd. | CRISIL AAA | 4985.47 | 2.26 |
07.58 % Nabard | CRISIL AAA | 4980.73 | 2.25 |
05.99 % LIC Housing Finance Ltd. | CRISIL AAA | 4929.05 | 2.23 |
07.85 % Interise Trust | ICRA AAA | 4885.69 | 2.21 |
07.40 % Sundaram Fin Ltd. | CRISIL AAA | 4461.99 | 2.02 |
06.49 % Yarrow Infrastructure Pvt Ltd. (Sembcorp Group, Temasek) | CRISIL AAA | 4321.46 | 1.96 |
07.43 % Small Indust Devlop Bank Of India | CRISIL AAA | 3972.40 | 1.80 |
07.80 % Rec Ltd. | CRISIL AAA | 2504.13 | 1.13 |
07.80 % Nabard | CRISIL AAA | 2504.25 | 1.13 |
07.72 % LIC Housing Finance Ltd. | CRISIL AAA | 2491.18 | 1.13 |
08.30 % Tata Capital Ltd. | CRISIL AAA | 2504.64 | 1.13 |
07.54 % Small Indust Devlop Bank Of India | CRISIL AAA | 2490.80 | 1.13 |
HDFC Bank Ltd. - Frb | CRISIL AAA | 2493.64 | 1.13 |
07.71 % Rec Ltd. | CRISIL AAA | 2501.06 | 1.13 |
07.59 % Power Finance Corporation | CRISIL AAA | 2499.02 | 1.13 |
07.55 % Rec Ltd. | CRISIL AAA | 2496.72 | 1.13 |
08.10 % Bajaj Housing Finance Ltd. | CRISIL AAA | 2507.23 | 1.13 |
07.79 % HDFC Bank Ltd. | CRISIL AAA | 2495.91 | 1.13 |
07.60 % Power Finance Corporation | CRISIL AAA | 2500.19 | 1.13 |
07.47 % Small Indust Devlop Bank Of India | CRISIL AAA | 2488.54 | 1.13 |
07.70 % Rec Ltd. | CRISIL AAA | 2499.80 | 1.13 |
Rec Ltd. - Frb | CRISIL AAA | 2493.03 | 1.13 |
07.97 % Kotak Mahindra Investments Ltd. | CRISIL AAA | 2497.95 | 1.13 |
07.15 % Small Indust Devlop Bank Of India | CRISIL AAA | 2483.26 | 1.12 |
06.49 % Vector Green Prayagraj Solar Pvt Ltd. | CRISIL AAA | 2154.95 | 0.98 |
07.35 % HDFC Bank Ltd. | CRISIL AAA | 1990.96 | 0.90 |
07.44 % Power Finance Corporation | CRISIL AAA | 1994.02 | 0.90 |
07.54 % Rec Ltd. | CRISIL AAA | 498.26 | 0.23 |
06.30 % Hdb Financial Services Ltd. (HDFC Ltd.) | CRISIL AAA | 493.34 | 0.22 |
08.27 % National Highways Authority Of India | CRISIL AAA | 30.94 | 0.01 |
Money Market Instruments | 7348.00 | 3.32 | |
Standard Chartered Capital Ltd. - CP | CRISIL A1+ | 4980.87 | 2.25 |
Axis Bank Ltd. - CD | CRISIL A1+ | 2367.13 | 1.07 |
Name of the Instrument | Market Value Rs Lakhs |
% of NAV | |
Mutual Fund Units Related | |||
Mutual Fund Units | 564.09 | 0.26 | |
Tata Nifty SDL Plus Aaa Psu Bond Dec 2027 60 40 Index Fund | 564.09 | 0.26 | |
Aif Cat Ii | 572.71 | 0.26 | |
Sbimf Aif - Cat Ii (Cdmdf)27/10/2038 | 572.71 | 0.26 | |
Repo | 1648.45 | 0.75 | |
Portfolio Total | 215554.07 | 97.55 | |
Cash / Net Current Asset | 5453.68 | 2.45 | |
Net Assets | 221007.75 | 100.00 | |
Note Sundry Debtors: 1) Rs 170 crs. due against redemption of Commercial Paper of Infrastructure Leasing & Financial Services Ltd matured respectively on 26/09/2018 , 27/11/2018 . 2) Rs 25 crs. due against redemption of NCD's of IL & FS FINANCIAL SERVICES LTD matured on 08/11/2019 , the same are not included in the above portfolio statement. |