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 six months.

INVESTMENT OBJECTIVE:

The investment objective of the Scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. 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:

January 22,2019

FUND MANAGER(S)

Akhil Mittal (Managing Since 11-Jan-19 and overall experience of 22 years)

BENCHMARK:

CRISIL Ultra Short Duration Debt A-I Index

NAV

Direct - Growth	: 13.7076
Direct - Monthly IDCW	: 13.7370
Direct - Weekly IDCW	: 10.4087
Regular - Growth	: 13.1577
Regular - Monthly IDCW	: 13.1610
Regular - Weekly IDCW	: 10.3815
FUND SIZE
Rs.2456.62 (Rs. in Cr.)
MONTHLY AVERAGE AUM
Rs. 2660.08 (Rs. in Cr.)
EXPENSE RATIO**
Direct	0.37
Regular	1.16
**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)	0.51	0.54
Portfolio Beta	0.91	NA
R Squared	0.99	NA
Treynor	-0.15	NA
Jenson	-0.07	NA
Portfolio Macaulay Duration	:	5.63 Months
Modified Duration	:	5.50 Months
Average Maturity	:	5.71 Months
Annualized Yield to Maturity (For Debt Component)*
- Including Net Current Assets	:	7.68%
*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, 202 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