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Tata Fixed Maturity Plan Series 61 Scheme C (91 days) NFO- NAV

  


Introduction

Hey there! Are you one of those who dream of investing in mutual funds and are ready to create your leadership in this industry? Or do you have plans to invest your finances to make it big? If you are a short or medium-term investor and can’t wait to generate your capital for months or years then this time you can make it in just 91 days.

So, this time we have come up with the business idea of ‘Tata Fixed Maturity Plan Series 61 Scheme C (91 days)’ that is ready to offer benefits at the maturity of the scheme in just 31 days.

In this blog, you will know what they have in the fund scheme and how this will help you in making your decision for investment.

 

Everything You Need to Know About Tata Fixed Maturity Plan Series 61 Scheme C (91 days) - NFO

If you’re an investor who is seeking a Capital value increase over the tenure of the scheme in diversified portfolios with not high or very high risk then your search could end with ‘Tata Fixed Maturity Plan Series 61 Scheme C (91 days)’. The Tata Fixed Maturity Plan Series 61 Scheme C (91 days) is a close-ended equity mutual fund launched by Tata Mutual Fund on March 6, 2024. 

The Tata Fixed Maturity Plan Series 61 Scheme C (91 days) scheme is set to invest primarily in fixed-income instruments such as money market instruments like Commercial Paper, Treasury Bills, Bonds, short-term debt instruments, Government securities, corporate bonds, etc.

The scheme has freed you from any kind of entry load and exit load.

Read this blog carefully to understand the fund’s assets allocation, performance in the past if any, or other financial attributes that affect the choice of decision-making.

 

Tata Fixed Maturity Plan Series 61 Scheme C (91 days) -NFO Overview

Tata Fixed Maturity Plan Series 61 Scheme C (91 days) is a close-ended equity scheme that targets generating income and/or capital appreciation by investing in fixed-income instruments that mature around the same time as the scheme itself (91 days). The scheme comes under a low-moderate risk category. There is no guarantee that the investment objective of the scheme will be achieved.

Apart from the portfolios mentioned above the scheme would invest in debt securities of companies based on different criteria like, sound track record, industry scenario, growth prospects, liquidity of the securities, etc. The Scheme will be available for investment from 10/06/2024 to 12/06/2024. The scheme offers for Units at Face Value of Rs. 10 each for cash during the NFO.

Fund Overview

The Tata Fixed Maturity Plan Series 61 Scheme C (91 days) has an AUM of Rs.199.89 crores (as of 31 May 2024), 0.005% stamp duty will be levied on mutual fund investment transactions.

Start Date

10 June 2024

End Date

12 June 2024

VRO rating

-

Expense ratio

1.15% as of June 02, 2024

Exit load

NIL

AUM (Fund size)

Rs. 199.89 Cr.

Lock-in

No Lockin

Stamp Duty

0.005% (From July 1st 2020)

Benchmark 

CRISIL Liquid Debt A-I Index

Minimum Investment

Rs. 5000

Risk

Low to Moderate

Short-term capital gains (STCG)

As per the relevant slab of TAX 

Long-term capital gains (LTCG)

NA

 

 

The Objective of the Fund

The scheme intends to generate income and/or capital appreciation by investing in fixed-income instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the maturity of the scheme.

Asset allocation (% of Net Assets) of the Scheme's portfolio will be as follows:

Types of Instruments

Maximum Allocation

(% of Net Assets)

Minimum Allocation (% of Net Assets)

Risk Profile

Debt and Money Market Instruments including Government Securities

100

0

Low To Moderate

 

 

Peers of Tata Fixed Maturity Plan Series 61 Scheme C (91 days) - NFO

Equity, Debt, Sectoral / Thematic Funds

1Y Return

3Y Return

AUM (Cr)

SBI Fixed Maturity Plan - Series 47 (1434 Days) Regular - Growth

6.86%

-

134.63

Nippon India Fixed Horizon Fund XLIII - Series 5 Regular - Growth

6.66%

-

161.40

DSP FMP Series 268 - 1281 Days Regular - Growth

6.80%

-

117.21

 

 

Risk Factors in Such Funds

  • The value of, and return from, an investment in the Scheme can diminish as well as exceed, depending on various factors that might influence the values and income generated by the Scheme’s portfolio of securities.

  • Various types of securities in which the company will invest carry different levels and types of risks such as corporate bonds carry higher risks than Government securities.

  • Likewise, with debt instruments, changes in interest rates might influence the Scheme's net asset esteem. Mostly the costs of instruments increase as interest rates decrease and decrease as interest rates increase.

  • The Scheme also carries other types of risks such as Credit Risk, Counterparty Risk, and Reinvestment Risk.

 

Past Performance of Equity, Debt, sectoral / Thematic Funds

Equity, Debt, sectoral / Thematic Funds

NAV (Rs)

Annualised Return

(%) (3 Years)

Return/Risk

Aditya Birla Sun Life Medium Term Plan Direct-Growth

37.47

13.01

Moderately High Risk

HDFC Regular Savings Fund Direct-Growth

35.33

8.88

Moderate Risk

ICICI Prudential Dynamic Bond Direct Plan-Growth

20.43

8.63

Moderate Risk

 

 

Tata Fixed Maturity Plan Series 61 Scheme C (91 days) - Who can invest?

This fund is ideal for you if you want your Capital value to increase in a short time with moderate risk of investment. Investing in this fund can provide better returns. Tata Fixed Maturity Plan Series 61 Scheme C (91 days) indirectly will invest your principals in diversified portfolios like Government Securities, Corporate Bonds, Fixed Money Market Instruments, etc.

 

Tata Fixed Maturity Plan Series 61 Scheme C (91 days) - Growth Fund Managers:

  • Mr. Akhil Mittal

 

 

Conclusion

One of the biggest advantages of investing in such a scheme is that such types of bonds provide higher returns in lesser time with lower risks. Tata Mutual Fund's annualized returns for the past 3 years and 5 years have been around 18.77% & 17.24%. If you think this Scheme is your type then you can take part in this NFO and can leverage the benefits that it might offer in the future. This blog presents the information based on certain parameters. We do not advise you to make a final decision from this blog. Always consult your financial expert before making an investment decision. 

Disclaimer: This NFO Analysis is only for informational purposes and should not be considered as investment advice. Always do your research and consult with a financial advisor.

 



Frequently Asked Questions

+

The starting date of the Tata Fixed Maturity Plan Series 61 Scheme C (91 days) –NFO is 10 June 2024.

+

The end date of the Tata Fixed Maturity Plan Series 61 Scheme C (91 days) – NFO is 12 June 2024.

+

The fund manager of Tata Fixed Maturity Plan Series 61 Scheme C (91 days)  – NFO is Mr. Akhil Mittal

+

The minimum investment for Tata Fixed Maturity Plan Series 61 Scheme C (91 days) – NFO is Rs. 5000.



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