INVESTMENT STYLE:

The Scheme will invest in various money market and fixed income securities with objective of providing liquidity and generating reasonable returns with lower interest rate risk. The average maturity of the portfolio shall be between three months to one year

INVESTMENT OBJECTIVE:

The investment objective of the scheme is to generate regular income & capital appreciation by investing in a portfolio of debt & money market instruments with relatively lower interest rate risk. 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:

September 06,2005

FUND MANAGER(S)

Akhil Mittal (Managing Since 26-Jun-14 and overall experience of 22 years) & Abhishek Sonthalia (Managing Since 06-Feb-20 and overall experience of 15 years)

BENCHMARK:

CRISIL Low Duration Debt A-I Index

NAV

Direct - Growth	: 3717.0174
Direct - IDCW	: 2356.8639
Direct - Weekly Div	: 1008.5518
Direct - Daily IDCW	: 1003.5316
Reg - Growth	: 3627.1670
Reg - IDCW	: 2299.0144
Reg - Weekly Div	: 1008.5233
Reg - Daily IDCW	: 1003.5288
FUND SIZE
Rs.2319.17(Rs. in Cr.)
MONTHLY AVERAGE AUM
Rs.2333.59 (Rs. in Cr.)
EXPENSE RATIO**
Direct	0.24
Regular	0.57
**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)	0.62	0.67
Portfolio Beta	0.89	NA
R Squared	0.97	NA
Treynor	-0.13	NA
Jenson	-0.04	NA
Portfolio Macaulay Duration	:	10.83 Months
Modified Duration	:	10.24 Months
Average Maturity	:	11.38 Months
Annualized Yield to Maturity (For Debt Component)*
- Including Net Current Assets	:	7.60%
*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 multiples of Re. 1/- thereafter.

LOAD STRUCTURE:

ENTRY LOAD	Not Applicable
EXIT LOAD	NIL

Not Applicable for Segregated Portfolio

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