In today’s world, media plays an important role in the publicity of any company, product or even an individual. Be it television, social media or any other platform, proper media coverage is a must to survive and rise above the competition. However, there are certain marvels in this world who do not need any form of publicity, and their work and addition towards the society is their biggest whistle blower. TATA Mutual Fund is one such organisation whose name is taken to publicise other things. For instance, when any financial firm or other service providers team up with this AMC, they share a large slice of the reputation and glory of the TATA Group which itself puts the business of these new entrants on turbo mode. And when there is collaboration of two great organisations, TATA MF and MySIPonline, then it becomes a powerhouse of innovation and development.
Through this article, you’d find some more information about this asset management company that has been sitting at the top of the Indian Mutual Fund industry for decades, and how you can become a proud owner of its mutual fund schemes. So, let’s feed the curious brain with some intriguing facts about this fund house.
The General Idea
The germination of TATA Mutual Funds dates back to 1937, approximately 81 years ago, when it was known as Investment Corporation of India and was promoted by TATA Sons. It then went public in the year 1959, becoming the proud member of a handful investment companies that were listed with the Mumbai Stock Exchange (formerly known as Bombay Stock Exchange). As of today, the company’s major allocation is in equity products, debt instruments, and other related securities that covers a wide range of industry sectors. The major source of income of this AMC is dividend, interest and the profit earned on sale of its investments. Apart from making a heavy investment in information technology, mining, chemicals and automobile sectors, TATA Mutual Fund also focuses on healthcare industry, hotels, electronics and engineering sectors to create a comprehensive and diversified portfolios which are capable of pulling down the best returns for the investors.
Type of Products Offered
The primary objective of TATA Mutual Funds is to create enormous wealth and share it with the investors to strengthen their financial position and thus, add power to the country’s economy and help it grow multiple times. For this, the products are launched in a wide variety covering all the possible investment avenues, thus giving the chance to each type of investor to fulfil his dreams and desires by earning better returns. The categories are briefly explained below, all of which can be found on MySIPonline: -
- Equity: The preference for those who are aggressively hunting for reward points, and have a considerably bigger appetite for risks than the debt customers. Investors have the option to choose from large, mid and small cap category of funds within this category.
- Debt: This is generally suited to those who are quite risk averse and aren’t willing to expose their funds to market volatility. Also, the investors who are looking forward to make a short-term investment for 3 months or less can choose Liquid Funds, which are the subdivision of Debt Funds that invest the investors’ corpus into short-term instruments such as treasury bills, commercial papers, money market instruments and bonds, who maturity period is around 90 days.
- Hybrid: This is considered to be the smartest choice for investments as it involves a judicious balance of equity and debt funds, thus promising both returns and stability of portfolio.
Thus, if you have a plan for investing in mutual funds, then TATA MF will certainly be your best bet. Use the online services provided by MySIPonline for a seamless investment experience.
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