Fact Sheet - May 2020 - Cover › portal › 25_FACT_CBOL.pdf · MARKET OUTLOOK Equity Debt 6 7 EQUITY Tata Large Cap Fund Tata Multicap Fund Tata Large & Mid Cap Fund Tata Equity

THEMATIC FUNDS

2www.tatamutualfund.com TATA MUTUAL FUND

INDEX

MARKET OUTLOOKEquityDebt

67

EQUITYTata Large Cap FundTata Multicap FundTata Large & Mid Cap FundTata Equity P/E FundTata Mid Cap Growth FundTata India Tax Savings FundTata Small Cap FundTata Focused Equity FundTata Index Fund - Nifty PlanTata Index Fund - Sensex PlanTata Nifty Exchange Traded FundTata Nifty Private Bank Exchange Traded Fund

89

10111213141516171819

2021222324252627

HYBRID

3435363738394041

Tata Hybrid Equity Fund Tata Equity Savings Fund Tata Balanced Advantage FundTata Arbitrage FundTata Multi Asset Opportunities Fund

2829

30 - 313233

DEBTTata Dynamic Bond FundTata Medium Term FundTata Income FundTata Short Term Bond FundTata Treasury Advantage FundTata Money Market FundTata Ultra Short Term Fund Tata Banking & PSU Debt Fund

LIQUID4243

Tata Liquid Fund Tata Overnight Fund

GILT44Tata Gilt Securities Fund

SOLUTIONS45464748

49 - 6162 - 65

66

Tata Retirement Savings Fund - ProgressiveTata Retirement Savings Fund - ModerateTata Retirement Savings Fund - ConservativeTata Young Citizens’ FundSCHEMES PERFORMANCEDIVIDEND / BONUS HISTORYHOW TO READ FACT SHEET

Tata Ethical FundTata Banking & Financial Services FundTata Digital India FundTata India Consumer FundTata India Pharma & Healthcare FundTata Resources & Energy FundTata Infrastructure FundTata Quant Fund

Name of the Schemes Investment Objective Riskometer

Tata Dynamic Bond Fund

Tata Gilt Securities Fund

Tata Income Fund

Tata Medium Term Fund

Investment Objective: Short Term to Medium Capital Appreciation.

Investment in Debt / Money Market Instruments / Government Securities

Investment Objective: Long Term Capital Appreciation & Regular Income.

Investment predominantly in Government Securities.

Investment Objective: Long Term Capital Appreciation & Regular Income.

Investment in Debt/Money Market instruments/Government Securities.

Investment Objective: Income/Capital Appreciation over medium term.

Investment in Debt / Money Market Instruments / Government Securities.

Tata Banking & PSU Debt Fund


RISKOMETER

Name of the Schemes Investment Objective: Regular Fixed Income for Short Term. Riskometer

Name of the Schemes Investment Objective: Regular Fixed Income for Short Term. Riskometer

Tata Liquid Fund

Investment in Money Market instruments.

Tata Treasury Advantage Fund Investment in Debt & Money Market instruments

Tata Money Market Fund

Tata Ultra Short Term Fund

Investment in Debt & Money Market instruments

Tata Overnight Fund

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.

Tata Arbitrage Fund Investment Objective: The investment objective of the Scheme is to seek to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

The objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. 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.

Tata Short Term Bond Fund Investment Objective: Regular Fixed Income for Short Term.Investment in Debt/Money market instruments /Government Securities.

Investment Objective: The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. 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.

Name of the Schemes Investment Objective: Long Term Capital Appreciation Riskometer

Tata Hybrid Equity Fund

Tata Large & Mid Cap Fund

Tata Equity P/E Fund

Tata Mid Cap Growth Fund

Tata Large Cap Fund

Tata Retirement Savings Fund

- Moderate Plan

Tata Equity Savings Fund

Tata Retirement Savings Fund- Progresive Plan

Long Term Capital Appreciation.Investment predominantly in equity & equity related instruments (65% - 80%) & someportion (between 20% to 35%) in fixed income instruments.

Investment in equity and equity related instruments of well researched value and growthoriented companies across all market capitalization.

Investment (minimum 70%) in equity & equity related instruments of companies whoserolling P/E is lower than rolling P/E of BSE Sensex.

Investment predominantly in equity & equity related instruments of growth oriented midcap companies.

Investment predominantly in equity & equity securities related securities of large capcompanies.

A predominantly equity oriented (between 65%-85%) savings scheme which providestool for retirement planning to individual investors.

Predominantly investing in equity and equity related instruments, equity arbitrageopportunities and debt and money market instruments.

An equity oriented (between 85%-100%) savings scheme which provides tool forretirement planning to individual investors.

An equity linked savings scheme (ELSS) Investing predominantly in Equity & Equityrelated instruments.

Investment Objective: Long Term Capital Appreciation & Current Income.Long Term Capital Appreciation by investing predominantly in equity & equity relatedinstruments.

Investment Objective: Long Term Capital Appreciation & Current Income.A debt oriented (between 70%-100%) savings scheme which provides tool for retirementplanning to individual investors.

Tata India Tax Savings Fund

Tata Young Citizens Fund

Tata Retirement Savings Fund

- Conservative Plan

Tata Multicap Fund Investment Objective: The investment objective of the Scheme is to generate capital appreciation over medium to long term. 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.

Tata Small Cap Fund Investment Objective: The investment objective of the scheme is to generate long term capital appreciation by predominantly investing in equity & equity related instruments of small cap companies.

Tata Balanced Advantage Fund Investment Objective: The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.

Tata Focused Equity Fund Investment Objective: The investment objective of the scheme is to generate long term capital appreciation by investing in equity & equity related instruments of maximum 30 stocks across market caps. 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.

Tata Index Fund - Nifty Plan Investment Objective: The investment objective of the Scheme is to reflect/mirror the market returns with a minimum tracking error. The scheme does not assure or guarantee any returns.

Tata Index Fund - Sensex Plan Investment Objective: The investment objective of the Scheme is to reflect/mirror the market returns with a minimum tracking error. The scheme does not assure or guarantee any returns.

Tata Nifty Exchange Traded Fund Investment Objective: The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty 50 index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Tata Multi Asset Opportunities Fund Investment Objective: The investment objective of the scheme is to generate long term capital appreciation. 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.


RISKOMETER

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Tata Banking & Financial ServicesFund

Tata India Consumer Fund

Tata Digital India Fund

Primarily focuses on investment in at least 80% of its net assets in equity/equity relatedinstruments of the companies in the Banking and Financial Services sector in India.

Primarily focuses on investment in at least 80% of its net assets in equity/equity relatedinstruments of the companies in the Consumption Oriented sectors in India.

Primarily focuses on investment in at least 80% of its net assets in equity/equity relatedinstruments of the companies in the Information Technology sector in India.

Tata India Pharma & HealthcareFund

Primarily focuses on investment in at least 80% of its net assets in equity/equity relatedinstruments of the companies in the Pharma & Healthcare sectors in India.

Tata Resources & Energy Fund Primarily focuses on investment in at least 80% of its net assets in equity/equity relatedinstruments of the companies in the Resources & Energy sectors in India.

Tata Infrastructure Fund Investment Predominantly in equity / equity related instruments of the companies in theInfrastructure sector in India.

Name of the Schemes Investment Objective: Long Term Capital Appreciation. Riskometer

Tata Ethical Fund Investment in equity and equity related instruments of Shariah Principles compliantcompanies and in other instruments allowed under Shariah principles.

Tata Nifty Private Bank Exchange Traded Fund


RISKOMETER

The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

Tata Quant Fund The investment objective of the scheme is to generate medium to long-term capital appreciation by investing in equity and equity related instruments selected based on a quantitative model (Quant Model).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.


MARKET OUTLOOKEquity market

Disclaimer: The views expressed are in no way trying to predict the markets or to time them. The views expressed are for information purpose only and do not construe to be any investment, legal or taxation advice. Please consult your Financial/Investment Adviser before investing. The views expressed may not reflect in the scheme portfolios of Tata Mutual Fund. This note has been prepared using information believed to be accurate at the time of its use.

May 2020 ended a bit weak post a very strong April 2020. BSE Sensex was down by -3.84%, and the Nifty by -2.84%. The broader market; the BSE Midcap & the BSE Small Cap were down with by -1.42% and -1.88% respectively. In terms of sectors; Auto, Healthcare, Metals, FMCG, Capital Goods, IT and Power were the major outperformers whilst all other sectors underperformed the BSE Sensex. FIIs were net buyers during the month, with net inflows to the tune of ~USD 1.5 bn. Net equity buying by domestic institutions in the market were ~USD 1.5 bn.

Inflation: Inflation data for the month of April 2020 was not released by the government since the country was under full lockdown during the month and manufacturing was shut down leading to lack of data availability. Our sense is, given the weak growth outlook in the near-term, inflation is likely to be muted.

Growth: India’s Real Gross Domestic Product (GDP) grew at 3.1% YoY in Q4 FY20, growth was better than expected inspite of lockdown in the 2nd half of the month of March 2020. Private consumption grew 2.7% YoY for the quarter. The gross fixed capital formation growth dipped to (~-6.5% YoY).

Other macro developments (fiscal deficit and household savings): India’s fiscal deficit for FY20 was at 4.6% against the earlier budgeted 3.8% – Covid-19 has impacted tax revenues for the government in Q4FY20 significantly leading to a slip in the deficit numbers. With the spread of COVID-19 and the resultant shutdown of economic activity, FY21 budget deficit is likely to rise substantially in a range of 5%-7%.

FY19 net household savings rate stood at 6.5%, however household financial savings is likely to have improved further towards 12%.

Market Outlook

Unlock India Phase 1 after a 68-day long lockdown is bringing hope for normalcy to return over the next few months. Only about 4-5% of population is into a strict lockdown today in the phase 1 of unlocking (largely cities like Mumbai, Chennai, parts of Delhi, Pune etc.)

Monsoon 2020 as per the IMD (the official weather forecaster in India) is likely to be at 102% of normal. This has positive implications for agriculture production going forward. Monsoon, however, also means that from an economic activity perspective we are entering into lean season with pick up only from October onwards which coincides with the start of the festive season. In a way, unlock phase 1 is coming at a right time – gradual reopening of economic activity is the need of the hour given the spread of Covid-19 has still not peaked and monsoon being a lean season, is apt to start this process.

Sustainable economic growth requires a very healthy financial sector. 2014 onwards India has been in a process of rebuilding bank balance sheets and profitability. Insolvency and Bankruptcy Board of India was set up in 2016 to fast-track recovery process and improve loss, given default levels to global benchmark. Corporate defaults over the past few years have come down materially and bank provision coverage ratios have also moved higher towards 65%+ along with higher capital adequacy. September 2018, however, brought a new headache for the financial system ie NBFC/HFC/MFI (Non-Bank Financial entities or shadow banks). IL&FS, one of the largest Infrastructure developers cum financiers, defaulted on its obligations which put cat among the pigeons. Mutual Funds which were among the largest lenders to the shadow banks started becoming choosy in buying bonds from entities rated lower than AAA. Infact sometime around July 2019, another entity named Dewan Housing defaulted on its obligations. Interestingly both IL&FS and Dewan were AAA rated entities before September 2018. Trust deficit continues in the financial sector today which started in September 2018.

As I wrote in my previous month (April 2020) commentary titled “Water everywhere not a drop to drink”, Banks along with Mutual Funds choosing to play safe and not lending to the so called shadow banks specially entities rated lower than AAA. On the one hand liquidity with Banks is very high, on the other due to very high trust deficit, availability of funds at the right price at the right time is a constraint. Covid-19 has certainly added to challenges and it is very likely that some entities will not be able to survive/grow in these testing times.

Banks/NBFC/MFI will have to enhance their capital adequacy – some like Kotak Bank, Mahindra Finance etc. have already announced intentions to raise capital. Apart from capital raising, adequate provisioning for potential stressed assets is a must to improve on the trust deficit prevailing in the industry. RBI needs to push the sector players to achieve a balance between growth and capital adequacy at the earliest along with higher provisioning for the stressed book. It’s a painful process but something that is necessary to unclog the system and take India growth to the desired 7%+ GDP growth levels.

Near term GDP growth outlook for India is weak leading to higher fiscal deficit for the government which in turn will hamper its abilities to boost demand through additional fiscal measures.

Stock selection focusing on strong balance sheets, capable management teams and reasonable valuations would be key to deliver returns to investors in these testing times.

During the month we have added Bharti Airtel to the portfolio. Consolidation in the telecom industry is leading to higher tariffs and profitability. We expect continued rerating of this sector going forward. We have also added further to our existing holding in BASF India. We expect BASF to deliver strong improvement in profitability due to mix change towards more Agri and specialty chemicals leading to rerating over a period of time.

Index NameReturn in %As on

29-May-20 30-Apr-20 31-May-19 1 Month 1 Year

32,42414,06710,89812,33418,96715,6464,040

22,13614,0956,805

11,83611,84310,8931,4111,482

33,71814,23510,77112,18720,52515,3324,140

24,72513,3506,746

12,06612,01311,1021,4501,491

39,71415,78211,51819,93924,70013,3054,987

35,26418,44610,75615,73415,09614,8672,2012,010

-3.84%-1.18%1.18%1.21%

-7.59%2.05%

-2.41%-10.47%

5.58%0.88%

-1.91%-1.42%-1.88%-2.68%-0.60%

-18.36%-10.86%-5.39%

-38.14%-23.21%17.60%

-18.97%-37.23%-23.59%-36.73%-24.78%-21.55%-26.73%-35.86%-26.30%

S&P BSE SensexS&P BSE IT SectorS&P BSE FMCG SectorS&P BSE Capital GoodsS&P BSE Consumer DurablesS&P BSE HealthcareS&P BSE 200S&P BSE BANKEXS&P BSE AutoS&P BSE MetalS&P BSE Oil&GasS&P BSE Mid-CapS&P BSE Small-CapS&P BSE Realty IndexS&P BSE Power

Index NameReturn in %As on

29-May-20 30-Apr-20 31-May-19 1 Month 1 Year

9,5804,9636,219

19,2972,7274,611

13,0619,527

29,2972,845

14,0111,880

13,2739,769

1804,003

9,8605,0855,901

21,5352,6804,509

13,15510,57128,6692,753

14,1081,860

13,5029,327

1874,078

11,9236,1788,176

31,3753,6854,809

16,56013,48029,8503,339

16,1612,900

17,9598,455

2846,548

-2.84%-2.39%5.38%

-10.39%1.75%2.26%

-0.72%-9.87%2.19%3.34%

-0.69%1.07%

-1.70%4.73%

-3.84%-1.84%

-19.65%-19.66%-23.93%-38.50%-26.00%

-4.13%-21.13%-29.32%

-1.85%-14.79%-13.30%-35.19%-26.09%15.54%

-36.57%-38.87%

Nifty 50Nifty 200Nifty AutoNifty BankNifty CommoditiesNifty ConsumptionNifty EnergyNifty Financial ServicesNifty FMCGNifty InfrastructureNifty ITNifty MetalNifty Midcap 100Nifty PharmaNifty RealtyNifty Smallcap 100


MARKET OUTLOOK

Disclaimer: The views expressed are in no way trying to predict the markets or to time them. The views expressed are for information purpose only and do not construe to be any investment, legal or taxation advice. Please consult your Financial/Investment Adviser before investing. The views expressed may not reflect in the scheme portfolios of Tata Mutual Fund. This note has been prepared using information believed to be accurate at the time of its use.

Debt market

30-April-2020 31-Mar-2020 Change (bps)

10 Year Benchmark Yield (s.a)

10 Year AAA (PSU) (ann)




3 Month T Bill

3 Month CD

6 Month CD

9 Month CD

12 Month CD

10 Year AAA Spread

5 Year AAA Spread

5.77(new 10yr)

6.75

6.40

5.95

5.27

3.23

3.40

3.85

4.00

4.10

0.98

0.95

6.10

7.10

6.83

6.30

6.10

3.60

4.30

5.15

5.30

5.45

1.00

1.15

-33

-35

-43

-35

-83

-37

-90

-130

-130

-135

-01

-29

Benchmark 10-year yields ended month at 5.77% (new 10-year index) remained volatile during the month on the back of additional borrowing announced by the Government. Abundant liquidity, strong inflows into mutual fund schemes together with 40 bps rate cut in reverse repo and repo rates supported yields to move lower during the month, especially in AAA PSU names as supply was low and long-term investors like insurance companies, provident funds remained high. 10-year Corporate bond yields move to 6.75% from 7.10%, 5-year AAA bond yields ending the period at 6.40 and 3-years bond yields ending the period at 5.95. The fall in yields in corporate bond was largely due to banks last date of deployment of TLTRO (Targeted Long-Term Repo Operation) money which was 2nd June 2020. Money market instruments at the shorter end of the curve ended up at much lower level. 3-month Treasury bill eased by 30-35 bps mainly due to 40 bps repo rate cut.

Government announced additional INR 4tn extra borrowing with significant part of it in 1st half of this fiscal. Further, Prime minister announced INR 20tn stimulus package. During the month, yields retraced all those losses as hope of large OMO (Open Market) purchase by RBI and as markets understood the fiscal impact of 20 Trillion stimulus package was minimal. MPC was preponed and delivered a 40bps rate cut on repo and reverse repo. Throughout the month, we saw primary auction getting very good demand from local banks and Government exercising green shoe options in each of the auction despite being large sized.

Towards month end government announced 80k crs CMB (Cash Management Bill) issuances which spiked the short-term rate by approximate 20 bps. Going forward in June also further CMB expectation is coming due to G-Sec maturity in early June and CMB maturity during the month both combining to approximate 1.3lakh crs.

Systemic liquidity during the month of April remained positive and closed at positive 4.2 lakh crores compared to positive 5 lakh crores at the beginning of the month. This is accounted by Rs 80000 crores CMB issuances at the end of the month. Going forward the liquidity is expected to remain positive on back of government spending in 1st quarter.

Lockdown got extended twice in the month on back of rising corona virus cases in India. June onwards it is expected that non red zone area to get some relief depending on approval by each state government.

The month of June is expected to be interesting as the market is showing signs of fatigue in picking up the huge supply of central government securities. On the corporate bond side, the TLTRO money has be significantly deployed by banks. The markets are holding at these levels as they expect RBI to do more OMO and unconventional TLTRO. The move on interest rates will be decided to a large extent on RBI actions in the coming days.

Mutual Fund Investments are subject to market risks, read all Scheme related documents carefully.

OPEN ENDED EQUITY & HYBRID FUNDS SNAPSHOT AS ON 31st MAY 2020

Fund Name Nature Sub Nature Launch Date Benchmark Name Fund Manager Min

Investment Exit LoadExpense Ratio

Regular Direct

Tata Arbitrage Fund

An open ended scheme investing in arbitrage opportunities.

Arbitrage Fund 18-Dec-18 Nifty 50 Arbitrage

Index Sailesh Jain 5,000 0.25 % -30 Days 1.13 0.38

Tata Balanced Advantage Fund

An open ended dynamic asset allocation fund.

Dynamic Asset

Allocation or Balanced Advantage

28-Jan-19 CRISIL Hybrid 35+65 - Aggressive Index

Rahul Singh, Sailesh Jain, Akhil

Mittal5,000 1% - 365 Days

Nil - upto 12% of Initial Investments 2.26 0.87

Tata Banking & Financial Services Fund

An open ended equity scheme investing in Banking & Financial Services Sector

Sectoral 28-Dec-15 Nifty Financial Services TRI

Sonam Udasi, Amey Sathe 5,000 0.25% - 3 Months 2.62 1.08


An open ended equity scheme investing in Information Technology Sector

Sectoral 28-Dec-15 S&P BSE IT TRI Meeta Shetty, Rahul Singh 5,000 0.25% - before expiry of 3 Months from the

date of allotment. 2.60 1.13


An open ended equity scheme following a value investment strategy

Value Fund 29-Jun-04 S&P BSE Sensex TRI Sonam Udasi, Amey Sathe 5,000 "1% - 12 Months.


Tata Equity Savings Fund

An open-ended scheme investing in equity, arbitrage and debt.

Equity Savings 27-Apr-00 NIFTY Equity Savings

Index

Sailesh Jain, Murthy

Nagarajan5000 0.25% - 90 Days


Tata Ethical Fund An open ended equity scheme following Shariah principles Thematic 24-May-96 Nifty 500 Shariah TRI

Ennette Fernandes,

Rupesh Patel5,000 1% - 365 days 2.54 1.37


An open ended hybrid scheme investing predominantly in equity & equity related instruments.

Aggressive Hybrid Fund 08-Oct-95 Crisil Hybrid 25+75 -

Aggressive Index

Chandraprakash Padiyar, Murthy

Nagarajan, Satish Chandra Mishra

5,000 1% - 365 days 1.98 0.96

Tata Index Fund - Nifty Plan

An open ended equity scheme tracking Nifty 50 Index Index Funds 25-Feb-03 Nifty 50 TRI Sonam Udasi 5,000 0.25% - 7 days 1.00 0.05

Tata Index Fund - Sensex Plan

An open ended equity scheme tracking S & P BSE Sensex Index Funds 25-Feb-03 S&P BSE Sensex TRI Sonam Udasi 5,000 0.25% - 7 days 1.00 0.05


An open ended equity scheme investing in Consumption Oriented Sector

Sectoral 28-Dec-15 Nifty India Consumption TRI

Sonam Udasi, Ennette

Fernandes5,000 1% - 12 Months 2.31 0.90

Expense ratio excludes Borrowing cost




Regular Direct

Tata India Pharma & Healthcare Fund

An open ended equity scheme investing in Pharma and Healthcare Services Sector

Sectoral 28-Dec-15 Nifty Pharma TRI Meeta Shetty, Rahul Singh 5,000 0.25% - 3 Months 2.64 1.20


An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit

ELSS 31-Mar-96 S&P BSE Sensex TRIRupesh

Patel, Ennette Fernandes

500 Nil (Compulsory lock-in period for 3 years) 2.13 0.77

Tata Infrastructure Fund

An open ended equity scheme investing in Infrastructure sector. Sectoral 31-Dec-04 S&P BSE India

Infrastructure TRIAbhinav Sharma,

Rupesh Patel 5,000 0.25% - 3 Months 2.55 1.84


An open-ended equity scheme investing in both large cap & mid cap stocks.

Large & Mid Cap Fund 25-Feb-93 Nifty LargeMidcap

250 TRI

Chandraprakash Padiyar, Meeta

Shetty5,000 1% - 365 days 2.23 1.17

Tata Large Cap Fund

An open-ended equity scheme predominantly investing in large cap stocks.

Large Cap Fund 07-May-98 S&P BSE Sensex TRI

Rupesh Patel, Ennette

Fernandes5,000 1% - 365 days 2.54 1.73


An open-ended equity scheme predominantly investing in mid cap stocks.

Mid Cap Fund 01-Jul-94 Nifty Midcap 100 TRI

Rupesh Patel, Ennette

Fernandes5,000 1% - 365 days 2.47 1.29

Tata Multicap Fund

An open ended equity scheme investing across large cap, mid cap, small cap stocks

Multi Cap Fund 06-Sep-18 S&P BSE 500 TRI Sonam Udasi,

Abhinav Sharma 5,000 1% - 12 Months Nil - upto 12% of Initial Investments 2.22 0.85

Tata Nifty Exchange Traded Fund

An open ended Exchange Traded Fund tracking Nifty 50 Index.

ETFs - Others 01-Jan-19 Nifty 50 TRI Sailesh Jain

50,000 units and

in multiples thereof

Nil NA 0.07

Tata Nifty Private Bank Exchange Traded Fund

An Open-Ended Exchange Traded Fund replicating/ tracking -Nifty Private Bank Index

ETFs - Others 30-Aug-19 Nifty Private Bank

TRI Sailesh Jain

15,000 units and

in multiples thereof

Nil NA 0.13

Tata Resources & Energy Fund

An open ended equity scheme investing in Resources and Energy Sector

Sectoral 28-Dec-15 Nifty Commodities TRI

Satish Chandra Mishra, Rahul

Singh5,000 0.25% - before expiry of 3 Months from the

date of allotment 2.52 1.10

Tata Retirement Savings Fund-Moderate Plan

An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

Retirement Fund 01-Nov-11 Crisil Hybrid 25+75 -

Aggressive Index

Sonam Udasi, Murthy

Nagarajan, Ennette

Fernandes

5,000

1) Nil – If redemption or switch out on or after attainment of retirement age i.e. 60years.2) Nil – In case of Auto switch out of units on occurrence of Auto switch trigger event.3 ) 1% – Post Lock in period of 60 months If redeemed within 1 month

2.23 0.87






Regular Direct

Tata Retirement Savings Fund-Conservative Plan


Retirement Fund 01-Nov-11

CRISIL Short Term Debt Hybrid 75+25

Fund Index

Sonam Udasi, Murthy

Nagarajan, Ennette

Fernandes

5,000

1) Nil – If redemption or switch out on or after attainment of retirement age i.e. 60years.2) Nil – In case of Auto switch out of units on occurrence of Auto switch trigger event.3 ) 1% – Post Lock in period of 60 months If redeemed within 1 month

2.22 1.05

Tata Retirement Savings Fund-Progressive Plan


Retirement Fund 01-Nov-11 S&P BSE 200 TRI

Sonam Udasi, Murthy

Nagarajan, Ennette

Fernandes

5,000

1) Nil – If redemption or switch out on or after attainment of retirement age i.e. 60years. 2) Nil – In case of Auto switch out of units on occurrence of Auto switch trigger event.3 ) 1% – Post Lock in period of 60 months If redeemed within 1 month.

2.45 0.90

Tata Small Cap Fund

An open-ended Equity Scheme predominantly investing in small cap stocks

Small cap Fund 12-Nov-18 Nifty Smallcap 100

TRI

Chandraprakash Padiyar, Satish

Chandra Mishra5,000 1% - 12 Months


Tata Young Citizens Fund

An open ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier)

Childrens Fund 14-Oct-95 S&P BSE 200 TRI

Akhil Mittal, Amey Sathe, Rahul Singh

500

Compulsory Lock-in Option 5 years or till the child attains age of majority (whichever is earlier). 1% - If redeemed before child attains 18 years of age.

2.52 1.72

Tata focused equity fund

An Open Ended Equity Scheme investing in maximum 30 stocks across market caps (i.e. Multi Cap)

Focused 05-Dec-19 S&P BSE 200 TRI Rupesh Patel 5000

1% of the applicable NAV, if redeemed/switched out on or before expiry of 365 days from the date of allotment.

2.18 0.56

Tata Multi Asset Opportunities Fund

An Open Ended Scheme investing in equity, debt & exchange traded commodity derivatives

Multi Asset Allocation 12-Mar-20

CRISIL Short Term Bond Fund Index,I

Comdex composite index,S&P BSE 200

TRI

Rahul Singh (Equity), Murthy

Nagarajan (Fixed Income),

Aurobinda Prasad Gayan (Commodities) & Sailesh Jain

(Equity Arbitrage)

Rs 5,000/- and in

multiple of Re.1/-

thereafter

• Exit Load is Nil, if the withdrawal amount or switched out amount is not more than 12% of the original cost of investment on or before expiry of 365 days from the date of allotment. • Exit load is 1% of the applicable NAV if the withdrawal amount or switched out amount is more than 12% of the original cost of investment on or before expiry of 365 days from the date of allotment. • No Exit load will be charged for redemption or switch out after expiry of 365 days from the date of allotment

2.46 0.90

Tata Quant FundAn Open Ended Equity Scheme following quant based investing theme

Thematic 22-Jan-20 S&P BSE 200 TRI Sailesh Jain

Rs 5,000/- and in

multiple of Re.1/-

thereafter


2.69 0.89



Scheme Scheme Category

Recommended Investment

Horizon

Month end AUM (Rs Crs)

YTM (%) Macaulay Duration

Modified Duration (Years)

Avg. Portfolio Maturity (Years)

Expense Ratio

Exit LoadRegular Direct

Tata Overnight Fund Overnight Fund 1 day to 7 days 2,261 3.22% 3 Days 3 Days 3 Days 0.21 0.11 NIL

Tata Liquid Fund Liquid Fund 1 day to 3 months 19,378 3.73% 44 Days 44 Days 44 Days 0.32 0.21

"1 day - 0.0070% of redemption proceeds 2 days - 0.0065% of redemption proceeds 3 days - 0.0060% of redemption proceeds 4 days - 0.0055% of redemption proceeds 5 days - 0.0050% of redemption proceeds 6 days - 0.0045% of redemption proceeds 7 days or more - Nil "


Ultra Short Duration Fund

1 month to 3 months 152 4.13% 4.44

Months4.30

Months4.48

Months 1.00 0.48 NIL

Tata Treasury Advantage Fund

Low Duration Fund

3 months to 1 year 645 4.89% 9.38

Months8.96

Months10.99


Tata Money Market Fund Money Market Fund

3 months to 1 year 287 4.70% 7.30

Months7.30

Months7.30


Tata Short Term Bond Fund

Short Duration Fund 1 year to 3 years 2,465 5.92% 2.76 Years 2.61 Years 3.46 Years 1.20 0.28 NIL

Tata Medium Term Fund Medium Duration Fund 3 years and more 48 7.20% 3.76 Years 3.55 Years 4.99 Years 1.38 0.38 1% - 365 Days

Nil - upto 12% of Initial Investments

Tata Income Fund Medium to Long Duration Fund 3 years and more 53 6.79% 5.11 Years 4.8 Years 7.37 Years 1.99 1.44 1.00% Upto 365 Days

Tata Dynamic Bond Fund Dynamic Bond 3 years and more 267 6.30% 4.95 Years 4.72 Years 7.12 Years 1.41 0.16 0.50% Upto 30 Days

Tata Gilt Securities Fund Gilt Fund

3 years and more, tactical play for a shorter duration on clarity on the

direction

178 5.79% 7.24 Years 7.03 Years 11.72 Years 1.49 0.79 Nil

Tata Banking & PSU Debt Fund

Banking & PSU Fund Above 3 years 231 6.69% 3.20 Years 2.99 Years 3.75 Years 0.71 0.21 Nil

Note: YTM is without NCA adjustment



OPEN ENDED DEBT FUNDS SNAPSHOT AS ON 31st MAY 2020

Tax Reckoner 2020-21Snapshot of Tax rates specific to Mutual Funds

The rates are applicable for the financial year 2020-21 as perthe Finance Act,2020

Income-tax implications on income in respect of units of Mutual Fund

Type of Investor Withholding tax rate

Resident 10%*

NRI 20%**

The Finance Act, 2020 abolished income distribution tax and instead introduced taxing of income from mutual fund units in the hands of the unit holders.

* Tax not deductible if dividend income in respect of units of a mutual fund is below Rs. 5,000 in a financial year.** The base tax is to be further increased by surcharge at the rate of:• 37% on base tax where total income exceeds Rs. 5 crore;• 25% where total income exceeds Rs. 2 crore but does not exceed Rs. 5 crore;• 15% where total income exceeds Rs. 1 crore but does not exceed Rs. 2 crore; and• 10% where total income exceeds Rs. 50 lakhs but does not exceed Rs. 1 croreFurther, “Health and Education Cess”is to be levied at 4% on aggregate of base tax and surcharge.

Capital Gains Taxation

Individual/ HUF$ Domestic Company@ NRI$

Equity Oriented Schemes Long Term Capital Gains (units held for more than 12 months) Short Term Capital Gains (units held for 12 months or less)

Long term capital gains 10%* 10%* 10%*

Short term capital gains 15% 15% 15%

Other Than Equity Oriented Schemes Long Term Capital Gains (units held for more than 36 months) Short Term Capital Gains (units held for 36 months or less)

Long term capital gains 20%& 20%& Listed - 20%&

Unlisted - 10%**

Short term capital gains 30%^ 30%/25%^^/22%^^^/15%^^^^ 30%^

Tax deductible at source (Applicable to NRI Investors) #

Short term capital gains $ Long term capital gains$

Equity oriented schemes 15% 10%*

Other than equity oriented schemes 30%^ 10%** (for unlisted) & 20%& (for listed)

* Income-tax at the rate of 10% (without indexation benefitand foreign exchange fluctuation) to be levied on long-term capital gains exceeding Rs. 1 lakhprovided transfer of such units is subject to Securities Transaction Tax (‘STT’).

$ Surcharge to be levied at: 37% on base tax where specifiedincome exceeds Rs. 5 crore; 25% where specified income exceeds Rs. 2 crore but does not exceed Rs. 5 crore; 15%where total income exceeds Rs. 1 crorebut does not exceed Rs. 2 crore; and 10% where total income exceeds Rs. 50 lakhs but does not exceed Rs. 1 crore. Specified income – Total income excluding income by way of dividend or income under the provisions of section 111A and 112A of the Income-tax Act, 1961 (‘the Act’). Further, Health and Education Cess to be levied at the rate of 4% on aggregate of base tax and surcharge.@ Surcharge at 7% on base taxis applicablewhere total income of domestic corporate unit holders exceeds Rs 1 crore but does not exceed 10 crores and at 12% where

total income exceeds 10 crores. However, surcharge at flat rate of 10 percent to be levied on base tax for the companies opting for lower rate of tax of 22%/15%. Further,“Health and Education Cess” to be levied at the rate of 4% on aggregate of base tax and surcharge.

# Short term/ long term capital gain tax (along with applicable Surcharge and Health and Education Cess) will be deducted at the time of redemption of units in case of NRI investors.

& After providing indexation.** Without indexation.^ Assuming the investor falls into highest tax bracket.^^ If total turnover or gross receipts inthe financial year 2018-19does not exceed Rs. 400crores.^^^ This lower rate is optional and subject to fulfillment of certain conditions as provided in section 115BAA.^^^^ This lower rate is optional for companies engaged in manufacturing business (set-up & registered on or after 1 October 2019) subject to fulfillment of certain conditions

as provided in section 115BAB.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Further, the domestic companies are subject to minimum alternate tax (except for those who opt for lower rate of tax of 22%/15%) not specified in above tax rates.

Transfer of units upon consolidation of mutual fund schemesof two or more schemes of equity oriented fund or two or more schemes of a fund other than equity oriented fund in accordance with SEBI (Mutual Funds) Regulations, 1996is exempt from capital gains.

Transfer of units upon consolidation of plans within mutual fund schemes in accordance with SEBI (Mutual Funds) Regulations, 1996 is exempt from capital gains.

Relaxation to non-residents from deduction of tax at higher rate(except income distributed by mutual fund / dividend income on shares) in the absence of PAN subject to them providing specified information and documents.

Bonus Stripping: The loss due to sale of original units in the schemes, where bonus units are issued, will not be available for set off; if original units are: (A) bought within three months prior to the record date fixed for allotment of bonus units; and (B) sold within nine months after the record date fixed for allotment of bonus units. However, the amount of loss so ignored shall be deemed to be the cost of purchase or acquisition of such unsold bonus units.

1. Income Tax Rates

Option A

For Individuals, Hindu Undivided Family, Association of Persons, Body of Individuals and Artificial juridical persons

Total Income Tax Rates

Up to Rs. 2,50,000(a) (b) NIL

Rs. 2,50,001 to Rs. 5,00,000(d) (e) 5%

Rs. 5,00,001 to Rs. 10,00,000(d) 20%

Rs. 10,00,001 and above(c)(d) 30%

(a) In case of a resident individual of the age of 60 years or above but below 80 years, the basic exemption limit is Rs.300,000.

(b) In case of a resident individual of age of 80 years or above, the basic exemption limit is Rs 500,000.

(c) Rate of surcharge:

37% on base tax where specified income exceeds Rs. 5 crore;

25% where specified income exceeds Rs. 2 crore but does not exceed Rs. 5 crore

15% where total income exceeds Rs. 1 crore but does not exceed Rs. 2 crore;and

10% where total income exceeds Rs 50 lakhs but does not exceed Rs. 1 crore.

Specified income – Total income excluding income by way of dividend or income under the provisions of section 111A and 112A of the Act.

Marginal relief for such person is available.

(d) Health and Education cess @ 4% on aggregate of base tax and surcharge.

(e) Individuals having total income not exceeding Rs. 500,000 can avail rebate of lower of actual tax liability or Rs. 12,500.

Option B

The Finance Act, 2020 provides for New Personal Tax Regime:

Total Income Tax Rates

Up to 2,50,000 Nil

From 2,50,001 to 5,00,000 5%

From 5,00,001 to 7,50,000 10%

From 7,50,001 to 10,00,000 15%

From 10,00,001 to 12,50,000 20%

From 12,50,001 to 15,00,000 25%

From 15,00,001 and above 30%

For adopting Option B, most of the deductions/exemptions such as section 80C, 80D, etc. are to be foregone. The aforesaid regime is optional. Accordingly, Individuals and HUFs have the option to be taxed under either of the options. Option B once exercised can be changed in subsequent years (not applicable for business income).

2. Securities Transaction Tax (STT)

STT is levied on the value of taxable securities transactions as under:

Transaction Rates Payable by

Purchase/Sale of equity shares (delivery based) 0.1% Purchaser/Seller

Purchase of units of equity oriented mutual fund Nil Purchaser

Sale of units of equity oriented mutual fund (delivery based) 0.001% Seller

Sale of equity shares, units of business trust, units of equity oriented mutual fund (non-delivery based) 0.025% Seller

Sale of an option in securities 0.05% Seller

Sale of an option in securities, where option is exercised 0.125% Purchaser

Sale of a futures in securities 0.01% Seller

Sale of units of an equity oriented fund to the Mutual Fund 0.001% Seller

Sale of unlisted equity shares and units of business trust under an initial offer 0.2% Seller

3. Special rates for non-residents as per domestic provisions

(1) The following incomes in the case of non-resident are taxed at special rates on gross basis:

Transaction Rates(a)

Dividend 20%

Interest received on loans given in foreign currency to Indian concern or Government of India (not being interest referred to in section 194LB or section 194LC)

20%

Income received in respect of units purchased in foreign currency of specified Mutual Funds / UTI 20%

Royalty or fees for technical services(b) 10%

Interest income from a notified infrastructure debt fund, specified loan agreement, specified long-term bonds,rupee denominated bonds(c) and business trust

5%

Interest on FCCB, Dividend on GDRs 10%

(a) These rates will be further increased by applicable surcharge and health and education cess.

(b) In case the non-resident has a Permanent Establishment (PE) in India and the royalty/fees for technical services paid is effectively connected with such PE, the same is taxable at 40% (plus applicable surcharge and health and education cess) on net basis.

(c) Interest payable to a non-resident in respect of monies borrowed by any Indian company or business trust from a source outside India by way of issue of rupee denominated bond during the period 17 September 2018 to 31 March 2019 is exempt from tax.

(2) Tax on non-resident sportsmen or sports association on specified income @20% plus applicable surcharge and health and education cess.

4. Capital Gains

Transaction Short-term capital gains(a) Long-term capital gains(a)(b)

Sale transactions of equity shares/ unit of an equity oriented fund which attract STT 15% 10%*

Sale transaction other than mentioned above:

Individuals (resident and non-residents) Progressive slab rates

20% / 10%(b)Firms 30%

Resident companies 30%/25%(d)/ 22%(e)/15%(f)

Overseas financial organizations specified in section115AB 40% (corporate) 30% (noncorporate)

10%

FIIs 30% 10%

Foreign companies other than ones mentioned above 40% 20% / 10%(C)

Local authority 30%20% / 10%

Co-operative society rates Progressive slab or 20%(g)

*Income-tax at the rate of 10% to be levied on long-term capital gains exceeding Rs. 1 lakh (without indexation benefit and foreign exchange fluctuation).

(a) These rates will further increase by applicable surcharge &health and education cess.

(b) Income-tax rate of 20% with indexation and 10% without indexation.

(c) Long term capital gains arising to a non-resident from transfer of unlisted securities or shares of a company, not being a company in which the public are substantially interested, subject to 10 per cent tax (without benefit of indexation and foreign currency fluctuation).

(d) If total turnover or gross receipts inthe financial year 2018-19 does not exceed Rs. 400 crores.

(e) This lower rate is optional and subject to fulfillment of certain conditions as provided in section 115BAA.

(f) This lower rate is optional for companies engaged in manufacturing business (set-up & registered on or after 1 October 2019) subject to fulfillment of certain conditions as provided in section 115BAB.

(g) The Finance Act, 2020 provides fornew optional tax regime for co-operative societies. Thus, co-operative societies have the option to be taxed at progressive slab rates or 20% subject to fulfillment of certain conditions as provided in section 115BAD.

5. Personal Income-tax Scenario

IndividualTotal Income

475,000 825,000 1,000,000 1,200,000 1,500,000 5,650,000 11,150,00021,150,000

#51,150,000

#

Tax in FY 2020-21 (Option A)*

NIL*** 49,400 85,800 132,600 226,200 1,673,100 3,722,550 7,946,250 21,532,290

Tax in FY 2020-21 (Option B) **

NIL*** 50,700 78,000 119,600 195,000 1,638,780 3,686,670 7,907,250 21,489,546

Additional Tax burden/ (Savings) in Option B

- 1,300 (7,800) (13,000) (31,200) (34,320) (35,880) (39,000) (42,744)

Additional Tax burden/ (Savings) (%) in Option B

- 2.63% (9.09%) (9.80%) (13.79%) (2.05%) (0.96%) (0.49%) (0.20%)

Resident senior citizen (age of 60 years but below 80 years)

Total Income

475,000 825,000 1,000,000 1,200,000 1,500,000 5,650,000 11,150,000 21,150,000 #

51,150,000 #

Tax in FY 2020-21 (Option A) *

NIL*** 46,800 83,200 130,000 223,600 1,670,240 3,719,560 7,943,000 21,528,728


NIL*** 50,700 78,000 119,600 195,000 1,638,780 3,686,670 7,907,250 21,489,546


- 3,900 (5,200) (10,400) (28,600) (31,460) (32,890) (35,750) (39,182)


- 8.33% (6.25%) (8.00%) (12.79%) (1.88%) (0.88%) (0.45%) (0.18%)

Resident senior citizen (age 80 years and above)

Total Income

475,000 825,000 1,000,000 1,200,000 1,500,000 5,650,000 11,150,000 21,150,000 #

51,150,000 #

Tax in FY 2020-21 (Option A) *

NIL*** 36,400 72,800 119,600 213,200 1,658,800 3,707,600 7,930,000 21,514,480


NIL*** 50,700 78,000 119,600 195,000 1,638,780 3,686,670 7,907,250 21,489,546


- 14,300 5,200 - (18,200) (20,020) (20,930) (22,750) (24,934)


- 39.29% 7.14% - (8.54%) (1.21%) (0.56%) (0.29%) (0.12%)

* For purpose of tax calculation under Option A, adhoc deduction of INR 150,000 has been claimed. The ad hoc deduction is only illustrative in nature. Basis actual deduction, the tax amount will vary.

** For purpose of tax calculation under Option B, no exemption/ deductions have been claimed.

*** NIL tax on account of rebate under section 87A.

# If the said taxable income includes income by way of dividend or capital gains under section 111A and section 112A of the Act, then enhanced surcharge of 37% and 25% would not be applicable and accordingly effective tax rate would be lower.

Disclaimer : The information set out above is included for general information purposes only and does not constitute legal or tax advice. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the Scheme. Income Tax benefits to the mutual fund & to the unit holder is in accordance with the prevailing tax laws as certified by the mutual funds tax consultant. Any action taken by you on the basis of the information contained herein is your responsibility alone. Tata Mutual Fund will not be liable in any manner for the consequences of such action taken by you. The information contained herein is not intended as an offer or solicitation for the purchase and sales of any schemes of Tata Mutual Fund.

www.tatamutualfund.com TATA MUTUAL FUNDMutual Fund investments are subject to market risks, read all scheme related documents carefully

Market Capitalisation wise Exposure

Large Cap

Mid Cap

Small Cap

Market Capitalisation is as per list provided by AMFI.

8

As on 31st May 2020

INVESTMENT STYLE

INVESTMENT OBJECTIVE

DATE OF ALLOTMENT

May 07,1998

FUND MANAGER

NAV

FUND SIZE

Rs. 633.43 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 616.47 (Rs. in Cr.)

TURN OVER

Portfolio Turnover (Total)Portfolio Turnover (Equity component only)

44.45%42.94%

EXPENSE RATIO**

DirectRegular

1.732.54

VOLATILITY MEASURES^ FUND BENCHMARK

Std. Dev (Annualised)Sharpe RatioPortfolio BetaR SquaredTreynorJenson

20.680.011.001.000.07

NA

20.81-0.060.980.96

-0.38-0.44

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 :

PORTFOLIO

Company name No. of Shares

Market ValueRs. Lakhs

% of Assets

96.80

2.76

8.767.764.852.771.93

4.32

3.11

2.461.06

1.951.83

4.98

1.64

11.792.411.84

2.251.13

400000

58300014800001905000455000100000

70000

211000

175000140000

6000069000

190000

80000

510000445000600000

300000110000

61313.66

1745.40

5548.124912.863072.771751.521224.00

2733.40

1967.05

1557.50672.21

1234.411161.34

3151.91

1040.56

7468.441525.461167.30

1422.75712.97

SIP - If you had invested INR 10000 every month1 Year 3 Year 5 Year 7 Year 10 Year Since Inception

Total Amount Invested (Rs.)

Total Value as on May 31, 2020 (Rs.)

Returns

Total Value of B: S&P BSE Sensex TRI

B: S&P BSE Sensex TRI

(Inception date :07-May-1998) (First Installment date : 01-Jun-1998)

120,000

101,080

-28.18%

105,023

-22.56%

360,000

307,151

-10.08%

334,404

-4.75%

600,000

562,476

-2.54%

636,952

2.36%

840,000

890,754

1.66%

997,918

4.86%

1,200,000

1,543,574

4.93%

1,722,892

7.04%

2,640,000

18,230,053

15.16%

12,851,217

12.62%

Company name

PowerPower Grid Corporation Of India Ltd.NTPC Ltd.SoftwareInfosys Ltd.Tata Consultancy Services Ltd.Oracle Financials Services Soft Ltd.Telecom - ServicesBharti Airtel Ltd.

11000001000000

71000011000050000

800000

1733.05978.50

4906.102169.591245.90

4420.80

2.741.54

7.753.431.97

6.98

Other Equities^RepoPortfolio TotalCash / Net Current AssetNet Assets

1789.75938.81

62252.471090.97

63343.44

2.831.48

98.281.72

100.00

Top 10 Holdings Equity Sector Allocation

NAV Movement

Primarily invests in equity and equity related instruments of large market cap companies.

To provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of capital appreciation. 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.

Rupesh Patel (Managing Since 18-Jun-18 and overall experience of 18 years)

BENCHMARK

S&P BSE Sensex TRI

ASSISTANT FUND MANAGER

Ennette Fernandes (Managing Since 18-Jun-18 and overall experience of 10 years)

Direct - GrowthDirect - DividendReg - GrowthReg - Dividend

::::

193.907544.0469

177.428438.7024

^Risk-free rate based on the FBIL Overnight MIBOR rate of 4.04% as on May 29, 2020

For calculation methodology please refer to Pg 61

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

1) On or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment: NIL2) On or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment: 1%3) Redemption after expiry of 365 days from the date of allotment: NIL (w.e.f 5th November, 2018)

Equity & Equity Related TotalAutoMahindra & Mahindra Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.State Bank Of IndiaAxis Bank Ltd.Kotak Mahindra Bank Ltd.CementUltratech Cement Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer DurablesTitan Company Ltd.Voltas Ltd.Consumer Non DurablesHindustan Unilever Ltd.Asian Paints (India) Ltd.FinanceHousing Development FinanceCorporation Ltd.ICICI Lombard General Insurance Co. Ltd.Petroleum ProductsReliance Industries Ltd.Bharat Petroleum Corporation Ltd.Hindustan Petroleum Corporation Ltd.PharmaceuticalsSun Pharmaceutical Industries Ltd.Cipla Ltd.

Issuer NameReliance Industries Ltd.HDFC Bank Ltd.ICICI Bank Ltd.Infosys Ltd.Bharti Airtel Ltd.HDFC Ltd.State Bank Of IndiaUltratech Cement Ltd.Tata Consultancy Services Ltd.Larsen & Toubro Ltd.Total

% to NAV11.798.767.767.756.984.984.854.323.433.11

63.73

^ Exposure less than 1% has been clubbed under Other Equities

No. of Shares


% of Assets

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49 - 61.*B: BenchmarkSource: MFI Explorer

97.89%

2.11%

0.00%

**Note: The rates specified are actual month end expenses charged as on May 31, 2020. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-30 cities assets, wherever applicable.

Tata Large Cap Fund(An open-ended equity scheme predominantly investing in large cap stocks.)

33.68%16.04%

13.14%8.29%

6.98%4.32%4.28%

3.37%3.11%2.76%

0.79%0.05%

0.00% 8.00% 16.00% 24.00% 32.00% 40.00%

Financial ServicesOil & Gas

ITConsumer Goods

TelecomCement & Cement Products

PowerPharma

ConstructionAutomobile

MetalsMedia & Entertainment

708498

112126140

May-17 May-18 May-19 May-20

Tata Large Cap Fund - Reg - GrowthS&P BSE Sensex TRI



Large Cap

Mid Cap

Small Cap


SIP - If you had invested INR 10000 every month

1 Year 3 Year 5 Year 7 Year 10 Year Since Inception



Returns

Total Value of B: S&P BSE 500 TRI

B: S&P BSE 500 TRI

Total Value of AB: S&P BSE Sensex TRI

AB: S&P BSE Sensex TRI

(Inception date :06-Sep-2018) (First Installment date : 01-Oct-2018)

120,000

109,578

-15.89%

105,248

-22.23%

105,023

-22.56%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

200,000

184,755

-8.85%

174,506

-14.86%

176,827

-13.49%


NAV Movement

Issuer NameHDFC Bank Ltd.Reliance Industries Ltd.ICICI Bank Ltd.Bharti Airtel Ltd.Hindustan Unilever Ltd.Kotak Mahindra BankDr. Reddys Labaratories Ltd.United Spirits Ltd.Tata Consumer Products Ltd.MRF Ltd.Total

% to NAV7.926.856.414.904.113.613.492.662.552.45

44.95

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49 - 61.B: BenchmarkSource: MFI Explorer

70.39%

21.85%

7.76%

PORTFOLIO



% of Assets

92.87

2.00

2.45

7.926.413.61

2.081.15

2.23

2.071.651.44

1.311.11

4.112.662.551.941.491.381.15

2.452.061.831.751.36

112900

6332

12720002950000

450000

25000045000

18600

355000525000

90000

41000250000

305000685000

1062500179000135000

12000485000

715000190000110500682000160000

141879.05

3060.15

3743.04

12104.999792.535508.00

3175.501757.18

3403.64

3159.502520.792194.70

1999.081691.38

6274.924069.593898.312965.312272.192104.901763.46

3740.883151.912789.462680.942081.12

Company name

TrepsRepoPortfolio TotalCash / Net Current AssetNet Assets

8997.67387.32

152709.4364.93

152774.36

5.890.25

99.960.04

100.00

Equity & Equity Related TotalAutoBajaj Auto Ltd.Auto AncillariesMRF Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.Kotak Mahindra Bank Ltd.CementACC Ltd.Ultratech Cement Ltd.Commercial Services3M India Ltd.Consumer DurablesTitan Company Ltd.Voltas Ltd.Johnson Controls- Hitachi Air Conditioning India Ltd.Dixon Technologies (India) Ltd.Relaxo Footwears Ltd.Consumer Non DurablesHindustan Unilever Ltd.United Spirits Ltd.Tata Consumer Products Ltd.Jubilant Foodworks Ltd.Asian Paints (India) Ltd.Nestle India Ltd.Kansai Nerolac Paints Ltd.FinanceHDFC Life Insurance Co. Ltd.Housing Development Finance Corporation Ltd.HDFC Asset Management Company Ltd.ICICI Prudential Life Insurance Company Ltd.ICICI Lombard General Insurance Co. Ltd.

1.24

1.57

1.43

1.371.16

6.85

3.491.761.09

4.90

2.285.57

400000

220000

414500

39000115100

715000

1310006650040500

1354000

925000

1888.40

2396.24

2191.88

2096.231771.62

10470.46

5333.342685.671664.69

7482.20

3478.938515.92

GasIndraprastha Gas Ltd.Industrial Capital GoodsSiemens Ltd.Industrial ProductsGrindwell Norton Ltd.PesticidesBayer Cropscience Ltd.PI Industries Ltd.Petroleum ProductsReliance Industries Ltd.PharmaceuticalsDr Reddys Laboratories Ltd.Pfizer Ltd.Procter & Gamble Health Ltd.Telecom - ServicesBharti Airtel Ltd.TransportationContainer Corporation Of India Ltd.Other Equities^

0.950.95

1445.391445.39

Margin DepositsCash Margin Money


No. of Shares


% of Assets

Name of the Instrument Market ValueRs. Lakhs

% toNAV

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

September 06,2018

NAV

FUND SIZE

Rs. 1527.74 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 1482.96 (Rs. in Cr.)

TURN OVER


81.68%78.29%

EXPENSE RATIO**

DirectRegular

0.852.22



25.47-0.101.001.00

-0.72NA

21.92-0.050.850.96

-0.400.27


Rs. 5,000/- and in multiples of Re. 1/- thereafter.

ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS


LOAD STRUCTURE


Exit Load :

Primarily focuses on investing in equity and equity related instruments of well researched companies across market capitalization.


The investment objective of the Scheme is to generate capital appreciation over medium to long term. 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.

FUND MANAGER

Sonam Udasi (Managing Since 17-Aug-18 and overall experience of 21 years)


Abhinav Sharma (Managing Since 01-Nov-19 and overall experience of 13 years)

BENCHMARK

S&P BSE 500 TRI

Direct - DividendDirect - GrowthRegular - DividendRegular - Growth

::::

9.76239.76239.44069.4406

^Risk-free rate based on the FBIL Overnight MIBOR rate of 4.04% as on May 29, 2020For calculation methodology please refer to Pg 61


1) Redemption/Switch-out/SWP/STP on or before expiry of 12 Months from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment - NIL2) Redemption/Switch-out/SWP/STP on or before expiry of 12 Months from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment - 1%3) Redemption/Switch-out/SWP/STP after expiry of 12 Months from the date of allotment - NIL (w.e.f. 03 June, 2019)

**Note: The rates specified are actual month end expenses charged as on May 31, 2020. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-30 cities assets, whereverapplicable.

9

Tata Multicap Fund(An open ended equity scheme investing across large cap, mid cap, small cap stocks)

The Scheme has Hedged Future exposure in Select equity stocks . Please refer to Monthly Portfolio as on 31st May 2020 on our website:www.tatamutualfund.com

28.19%23.73%

8.30%8.09%

5.48%4.90%

4.45%3.23%3.00%

2.53%0.97%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00%

Financial ServicesConsumer Goods

PharmaOil & GasServicesTelecom

AutomobileCement & Cement Products

Industrial ManufacturingFertilisers & Pesticides

Healthcare Services

60

72

84

96

108

120

Sep-18 Apr-19 Oct-19 May-20

Tata Multicap Fund - Reg - Growth S&P BSE 500 TRI

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.For scheme performance refer pages 49 - 61.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer



Large Cap

Mid Cap

Small Cap


10

As on 31st May 2020

INVESTMENT STYLE


PORTFOLIO



% of Assets

128587.00

2046.43

1683.24

4291.75

11633.92

9460.58

4661.57

4406.40

2155.20

2186.72

2198.54

2386.08

7261.45

4544.97

2365.95

1878.90

3156.89

2090.80

6560.95

1577.87

3893.41

92.02

1.46

1.20

3.07

8.33

6.77

3.34

3.15

1.54

1.56

1.57

1.71

5.20

3.25

1.69

1.34

2.26

1.50

4.70

1.13

2.79

75500

30000

1402074

1222500

2850000

2890000

360000

4800000

56000

235832

180000

1149600

2303000

115000

100000

190300

165000

3322000

222000

234000



% of Assets

Other Equities^TrepsRepoPortfolio TotalNet Current LiabilitiesNet Assets

4615.7710022.391635.98

140245.37-504.81

139740.56

3.307.171.17

100.36-0.36

100.00




Returns

Total Value of B: Nifty Large Midcap 250 TRI

B: Nifty Large Midcap 250 TRI



(Inception date :25-Feb-1993) (First Installment date : 01-Mar-1993)

360,000

329,020

-5.78%

310,728

-9.37%

334,404

-4.75%

120,000

106,413

-20.54%

105,196

-22.31%

105,023

-22.56%

600,000

604,949

0.32%

593,045

-0.46%

636,952

2.36%

840,000

994,106

4.75%

993,975

4.75%

997,918

4.86%

1,200,000

1,796,448

7.83%

1,785,034

7.71%

1,722,892

7.04%

2,370,000

13,185,788

15.24%

3,950,420

9.57%

9,635,128

12.64%

Primarily focuses on investing in equity and equity related instruments of well researched value and growth oriented Large & Mid Cap Companies.

To provide income distribution and / or medium to long term capital gains while at all times emphasizing the importance of capital appreciation. 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.

Equity & Equity Related Total

Auto

Bajaj Auto Ltd.

Maruti Suzuki India Ltd.

Auto Ancillaries

Sundram Fasteners Ltd.

Banks

HDFC Bank Ltd.

ICICI Bank Ltd.

State Bank Of India

Kotak Mahindra Bank Ltd.

Federal Bank Ltd.

Cement

Ultratech Cement Ltd.

Construction Project

Larsen & Toubro Ltd.

Consumer Durables

Bata India Ltd.

Consumer Non Durables

Varun Beverages Ltd.

ITC Ltd.

Hindustan Unilever Ltd.

Akzo Nobel India Ltd.

Finance

Housing Development Finance Corporation Ltd.

Sundaram Finance Ltd.

Gas

Gujarat State Petronet Ltd.

Industrial Capital Goods

Thermax Ltd.

Industrial Products

Aia Engineering Ltd.



NAV Movement

Issuer NameReliance Industries Ltd.HDFC Bank Ltd.ICICI Bank Ltd.P.i. Industries Ltd.Varun Beverages Ltd.Gujarat State Petronet Ltd.Tata Consultancy Services Ltd.Syngene International Ltd.State Bank Of IndiaITC Ltd.Total

% to NAV10.798.336.776.455.204.703.603.563.343.25

55.99

Pesticides

Pi Industries Ltd.

Petroleum Products

Reliance Industries Ltd.

Pharmaceuticals

Syngene International Ltd.

Divi Laboratories Ltd.

Natco Pharma Ltd.

Software

Tata Consultancy Services Ltd.

Infosys Ltd.

Telecom - Services

Bharti Airtel Ltd.

585800

1030000

1394222

140000

301904

255000

350000

345000

9016.63

15083.32

4978.77

3346.14

1750.29

5029.49

2418.50

1906.47

6.45

10.79

3.56

2.39

1.25

3.60

1.73

1.36

59.55%

38.58%

1.87%





22.30-0.041.001.00

-0.24NA

21.02-0.030.930.96

-0.190.04

DATE OF ALLOTMENT

February 25,1993

FUND MANAGER

NAV


::::

194.725937.9928

178.116328.6004

FUND SIZE

Rs. 1397.41 (Rs. in Cr.)

TURN OVER


18.83%15.38%

MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT

Rs. 5,000/- and in multiples of Re. 1/- thereafter. ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS


LOAD STRUCTURE

Entry Load : Not ApplicableExit Load :

Chandraprakash Padiyar (Managing Since 3-Sep-18 and overall experience of 18 years)


Meeta Shetty (Managing Since 1-Nov-19 and overall experience of 13 years)




MONTHLY AVERAGE AUM

Rs. 1357.11 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

1.172.23

BENCHMARK

Nifty Large Midcap 250 TRI

Tata Large & Mid Cap Fund(An open-ended equity scheme investing in both large cap & mid cap stocks.)

26.88%15.49%

14.00%7.21%

6.45%6.05%

5.33%4.71%

1.57%1.56%1.36%

0.74%0.46%0.19%0.01%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00%


Consumer GoodsPharma

Fertilisers & PesticidesAutomobile

ITIndustrial Manufacturing

ConstructionCement & Cement Products

TelecomServices

PowerChemicals

Media & Entertainment

70

82

94

106

118

130


Tata Large & Mid Cap Fund - Reg - GrowthNifty Large Midcap 250 TRI

Media & EntertainmentSun Tv Network Ltd.PesticidesRallis India Ltd.Petroleum ProductsReliance Industries Ltd.Bharat Petroleum Corporation Ltd.PharmaceuticalsCipla Ltd.Dr Reddys Laboratories Ltd.SoftwareInfosys Ltd.Wipro Ltd.


Large Cap

Mid Cap

Small Cap





As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

June 29, 2004

FUND MANAGER

NAV

Direct - GrowthDirect - Dividend (Trigger Option A 5%)Direct - Dividend (Trigger Option B 10%)Reg - GrowthReg - Dividend (Trigger Option A 5%)Reg - Dividend (Trigger Option B 10%)

120.295051.836451.2752

112.661149.395547.4296

FUND SIZE

Rs. 3997.47 (Rs. in Cr.)

TURN OVER


76.95%65.15%





LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

363074.57

13471.1912112.585791.96

12385.385734.455375.70

29739.0619917.007119.00

13337.10

4757.78

5593.50

4936.90

21609.835380.72

33924.51

11861.445059.724291.484185.60

8753.40

90.83

3.373.031.45

3.101.431.34

7.444.981.78

3.34

1.19

1.40

1.24

5.411.35

8.49

2.971.271.071.05

2.19

4970001341000

35000

20952708000

3300000

312500060000005250000

1050000

26000

600000

1028200

109500001629287

2045000

1375000389000170000800000

900000

Company name

2120000

3685000

28000003150000

2039200144000

19100004000000

8160.94

7841.68

41003.2010798.20

13217.075862.60

13198.108512.00

2.04

1.96

10.262.70

3.311.47

3.302.13

Other Equities^TrepsRepoPortfolio TotalCash / Net Current AssetNet Assets

19142.4833066.44

17.34396158.35

3589.06399747.41

4.798.270.00

99.100.90

100.00




Returns



(Inception date :29-Jun-2004) (First Installment date : 01-Jul-2004)

120,000

107,069

-19.58%

105,023

-22.56%

360,000

309,428

-9.63%

334,404

-4.75%

600,000

598,911

-0.07%

636,952

2.36%

840,000

1,047,369

6.22%

997,918

4.86%

1,200,000

1,925,757

9.16%

1,722,892

7.04%

1,910,000

5,535,901

12.28%

4,355,333

9.64%

Primarily invests at least 70% of the net assets in equity shares whose rolling P/E ratio on past four quarter earnings for individual companies is less than rolling P/E of the S&P BSE SENSEX stocks.

The investment objective of the Scheme is to provide reasonable and regular income and/or possible capital appreciation to its Unitholder. 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.

Std. Dev (Annualised)Sharpe RatioPortfolio BetaR SquaredTreynorJensonPE

20.680.011.001.000.07

NA20.33

20.93-0.060.960.89

-0.39-0.4421.18


1) On or before expiry of 12 months from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment: NIL2) On or before expiry of 12 months from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment: 1% 3) Redemption after expiry of 12 months from the date of allotment: NIL (w.e.f. 3rd May, 2019)

Equity & Equity Related TotalAutoBajaj Auto Ltd.Escorts Ltd.Eicher Motors Ltd.Auto AncillariesMRF Ltd.Ceat Ltd.Exide Industries Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.City Union Bank Ltd.CementACC Ltd.Commercial Services3M India Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer DurablesVoltas Ltd.Consumer Non DurablesITC Ltd.Radico Khaitan Ltd.FinanceHousing Development FinanceCorporation Ltd.Muthoot Finance Ltd.ICICI Lombard General Insurance Co. Ltd.HDFC Asset Management Company Ltd.HDFC Life Insurance Co. Ltd.GasMahanagar Gas Ltd.


NAV Movement

Issuer NameReliance Industries Ltd.HDFC Ltd.HDFC Bank Ltd.ITC Ltd.ICICI Bank Ltd.Bajaj Auto Ltd.ACC Ltd.Cipla Ltd.Infosys Ltd.MRF Ltd.Total

% to NAV10.268.497.445.414.983.373.343.313.303.10

53.00


No. of Shares


% of Assets

73.72%

16.70%

9.57%

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.For scheme performance refer pages 49-61.*B: BenchmarkSource: MFI Explorer

BENCHMARKS&P BSE Sensex TRI

MONTHLY AVERAGE AUM

Rs. 3853.72 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.791.99

::::::

Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 21 years)

ASSISTANT FUND MANAGERAmey Sathe (Managing Since 18-Jun-18 and overall experience of 12 years)


Tata Equity P/E Fund(An open ended equity scheme following a value investment strategy)

Mutual Fund investments are subject to market risks, read all scheme related documents carefully

30.74%15.15%

13.73%9.70%

5.93%4.77%

3.34%2.04%1.96%

1.40%1.19%

0.54%0.34%

0.00% 8.00% 16.00% 24.00% 32.00% 40.00%


AutomobileConsumer Goods

ITPharma

Cement & Cement ProductsMedia & EntertainmentFertilisers & Pesticides

ConstructionServices

ChemicalsIndustrial Manufacturing

70

84

98

112

126

140


Tata Equity P/E Fund - Reg - Growth S&P BSE Sensex TRI



Large Cap

Mid Cap

Small Cap


13.77%

70.77%

15.46%


12

As on 31st May 2020

INVESTMENT STYLE


MINIMUM INVESTMENT/MULTIPLES FOR NEW INVESTMENT




LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

66446.61

1843.80809.18758.30

1596.011560.171032.70

786.08

1501.73

2622.301580.811027.83

1024.75

1265.411032.60

3512.842784.87

744.38

2484.902153.251929.63

2009.971275.301047.75

892.75

2030.031924.401185.00

93.75

2.601.141.07

2.252.201.461.11

2.12

3.702.231.45

1.45

1.791.46

4.963.931.05

3.513.042.72

2.841.801.481.26

2.862.721.67

30000075000

465500

1177000470000

2300000652350

7200

167495155500115189

5600

630500150000

265000580000150000

150000225000102700

233000900000750000322000

430000800000600000

Company name

105000130000120000300000

29000020000

3625009000050000

600000

45100085000

625000

161000

1747.041325.551053.12

978.15

4463.681074.99

1812.321345.141181.28

1910.70

2114.511355.37

749.38

1231.49

2.471.871.491.38

6.301.52

2.561.901.67

2.70

2.981.911.06

1.74

Other Equities^RepoPortfolio TotalNet Current LiabilitiesNet Assets

1687.154833.94

71280.55-406.18

70874.37

2.386.82

100.57-0.57

100.00

An equity scheme with focus towards mid cap stocks.

To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks. 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.





NAV Movement

Issuer NameP.i. Industries Ltd.Bata India Ltd.Voltas Ltd.Navin Fluorine International Ltd.Jubilant Foodworks Ltd.United Breweries Ltd.Trent Ltd.Indraprastha Gas Ltd.Muthoot Finance Ltd.Akzo Nobel India Ltd.Total

% to NAV6.304.963.933.703.513.042.982.862.842.72

36.84

Equity & Equity Related TotalAuto AncillariesAmara Raja Batteries Ltd.Balkrishna Industries Ltd.Exide Industries Ltd.BanksCity Union Bank Ltd.ICICI Bank Ltd.Federal Bank Ltd.Rbl Bank Ltd.CementShree Cement Ltd.ChemicalsNavin Fluorine International Ltd.Vinati Organics Ltd.Solar Industries India Ltd.Commercial Services3M India Ltd.ConstructionKnr Constructions Ltd.Godrej Properties Ltd.Consumer DurablesBata India Ltd.Voltas Ltd.Havells India Ltd.Consumer Non DurablesJubilant Foodworks Ltd.United Breweries Ltd.Akzo Nobel India Ltd.FinanceMuthoot Finance Ltd.Cholamandalam Investment & Finance Co Ltd.Mahindra And Mahindra Financial Services Ltd.Can Fin Homes Ltd.GasIndraprastha Gas Ltd.Gujarat Gas Ltd.Gujarat State Petronet Ltd.

Industrial ProductsAIA Engineering Ltd.Supreme Industries Ltd.Astral Poly Technik Ltd.Bharat Forge Ltd.PesticidesPi Industries Ltd.Bayer Cropscience Ltd.PharmaceuticalsEris Lifesciences Ltd.Ipca Laboratories Ltd.Torrent Pharmaceuticals Ltd.PowerTorrent Power Ltd.RetailingTrent Ltd.V-Mart Retail Ltd.Aditya Birla Fashion & Retail Ltd.SoftwareTata Elxsi Ltd.


No. of Shares


% of Assets





Returns

Total Value of B: Nifty Midcap 100 TRI

B: Nifty Midcap 100 TRI

Total Value of AB: Nifty 50 TRI

AB: Nifty 50 TRI

(Inception date :01-Jul-1994) (First Installment date : 01-Jul-1994)

120,000

107,532

-18.91%

101,501

-27.59%

105,177

-22.33%

360,000

334,192

-4.79%

277,110

-16.34%

327,748

-6.03%

600,000

627,235

1.75%

512,988

-6.15%

620,548

1.33%

840,000

1,122,384

8.16%

879,431

1.30%

975,952

4.23%

1,200,000

2,192,953

11.61%

1,560,285

5.13%

1,677,504

6.53%

1,950,000

6,331,323

12.94%

4,408,173

9.45%

4,502,858

9.43%

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.For scheme performace refer pages 49-61*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer



DATE OF ALLOTMENT

July 1, 1994

FUND MANAGER

NAV


::::

127.544442.1180

119.442933.0453

FUND SIZE

Rs. 708.74 (Rs. in Cr.)

TURN OVER


30.52%30.52%

Rupesh Patel (Managing Since 27-Jun-17 and overall experience of 18 years)


26.62-0.091.001.00

-0.70NA

24.050.000.860.91

-0.010.60

BENCHMARK

Nifty Midcap 100 TRI

ASSISTANT FUND MANAGEREnnette Fernandes (Managing Since 18-Jun-18 and overall experience of 10 years)

MONTHLY AVERAGE AUM

Rs. 690.64 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular 1.29

2.47

Tata Mid Cap Growth Fund(An open-ended equity scheme predominantly investing in mid cap stocks.)

25.84%14.39%

7.81%7.38%7.25%7.20%

6.12%4.81%

4.09%2.96%2.70%

1.74%1.45%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00%

Consumer GoodsFinancial Services

Fertilisers & PesticidesChemicalsOil & Gas

Industrial ManufacturingPharma

AutomobileConstruction

Cement & Cement ProductsPower

ITServices

60

76

92

108

124

140


Tata Mid Cap Growth Fund - Reg - DividendNifty Midcap 100 TRI




Large Cap

Mid Cap

Small Cap




20.680.011.001.000.07

NA


21.93-0.041.000.89

-0.25-0.32

13

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

March 31,1996

FUND MANAGER

NAV

Direct- DividendReg - DividendDirect- GrowthReg- Growth

::::

FUND SIZE

Rs. 1718.80 (Rs. in Cr.)

TURN OVER


35.07%32.43%


Rs. 500/- and in multiples of Rs. 500/- thereafter.


Rs. 500/- and multiples of Rs. 500/- thereafter.

LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

No. of Shares


% of Assets

167590.85

4363.50

13151.8012614.10

8589.234234.453182.40

4881.062815.74

2338.18

3915.45

3976.803409.072848.002511.03

4638.483703.232468.87

9372.792471.33

20355.163770.802957.16

5138.724599.54

97.50

2.54

7.657.345.002.461.85

2.841.64

1.36

2.28

2.311.981.661.46

2.702.151.44

5.451.44

11.842.191.72

2.992.68

1000000

1382000380000053250001100000

260000

12500013500

230000

420000

300000710000320000506000

280000180000131400

565000190000

139000011000001520000

215000920000

Company name

500000300000

400000

1680000

2200000

4349.001944.45

1875.40

11608.80

12157.20

2.531.13

1.09

6.75

7.07


3349.114833.94

172424.79-545.28

171879.51

1.952.81

100.31-0.31

100.00

An equity linked tax savings scheme (ELSS) that aims to provide medium to long term capital gains along with income tax benefit under Section 80C of the Income Tax Act.

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation. 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.

Rupesh Patel (Managing Since 1-Apr-15 and overall experience of 18 years)

83.409644.620416.211315.0664



Nil (Compulsory lock-in period for 3years)

Equity & Equity Related TotalAutoMahindra & Mahindra Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.State Bank Of IndiaAxis Bank Ltd.Kotak Mahindra Bank Ltd.CementUltratech Cement Ltd.Shree Cement Ltd.ChemicalsVinati Organics Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer DurablesBata India Ltd.Voltas Ltd.Titan Company Ltd.Havells India Ltd.Consumer Non DurablesJubilant Foodworks Ltd.Hindustan Unilever Ltd.Akzo Nobel India Ltd.FinanceHousing Development Finance Corporation Ltd.ICICI Lombard General Insurance Co. Ltd.Petroleum ProductsReliance Industries Ltd.Bharat Petroleum Corporation Ltd.Hindustan Petroleum Corporation Ltd.PharmaceuticalsDivi Laboratories Ltd.Eris Lifesciences Ltd.

Lupin Ltd.Cipla Ltd.RetailingTrent Ltd.SoftwareInfosys Ltd.Telecom - ServicesBharti Airtel Ltd.


NAV Movement

Issuer NameReliance Industries Ltd.HDFC Bank Ltd.ICICI Bank Ltd.Bharti Airtel Ltd.Infosys Ltd.HDFC Ltd.State Bank Of IndiaDivi Laboratories Ltd.Ultratech Cement Ltd.Jubilant Foodworks Ltd.Total

% to NAV11.847.657.347.076.755.455.002.992.842.70

59.63

84.85%

11.16%

3.99%




Returns



(Inception date :31-Mar-1996) (First Installment date : 01-Jul-1996)

120,000

102,028

-26.84%

105,023

-22.56%

360,000

310,230

-9.47%

334,404

-4.75%

600,000

590,683

-0.62%

636,952

2.36%

840,000

1,009,960

5.20%

997,918

4.86%

1,200,000

1,869,368

8.59%

1,722,892

7.04%

2,790,000

26,433,045

16.41%

14,676,561

12.43%



BENCHMARK

S&P BSE Sensex TRI



MONTHLY AVERAGE AUM

Rs. 1675.92 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.772.13

Tata India Tax Savings Fund (An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit)

31.93%15.76%

14.80%9.33%

7.07%6.75%

4.48%3.49%

2.54%1.36%

0.00% 8.00% 16.00% 24.00% 32.00% 40.00%


Consumer GoodsPharma

TelecomIT

Cement & Cement ProductsConstruction

AutomobileChemicals

8092

104116128140


Tata India Tax Savings Fund - Reg - DividendS&P BSE Sensex TRI



Large Cap

Mid Cap

Small Cap



14

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

November 12,2018

FUND MANAGER

PORTFOLIO

44437.90

1069.42

2418.52

1649.79

2624.28

1565.60

1273.92

2818.35

2196.16

949.67

934.32

1235.50

814.34

2150.97

1609.21

637.53

84.32

2.03

4.59

3.13

4.98

2.97

2.42

5.35

4.17

1.80

1.77

2.34

1.55

4.08

3.05

1.21

Name of the Instrument No. of Shares Market ValueRs. Lakhs

% to Assets


1553.578538.31

52976.21-275.95

52700.26

2.9516.20

100.52-0.52

100.00


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Nifty Smallcap 100 TRIB: Nifty Smallcap 100 TRITotal Value of AB: Nifty 50 TRIAB: Nifty 50 TRI(Inception date :12-Nov-2018) (First Installment date : 01-Dec-2018)

120,000102,944-25.54%

91,081-41.79%105,177-22.33%

NANANANANANANA

NANANANANANANA

NANANANANANANA

NANANANANANANA

180,000152,531-19.52%129,470-35.89%157,592-15.92%

An equity scheme with focus towards small cap stocks


The investment objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related instruments of small cap companies. 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.

Chandraprakash Padiyar (Managing Since 19-Oct-18 and overall experience of 18 years)


Auto

Force Motors Ltd.

Auto Ancillaries

Tube Investments Of India Ltd..

Cement

Ramco Industries Ltd.

Chemicals

Basf India Ltd.

Navin Fluorine International Ltd.

Fine Organic Industries Ltd.


Akzo Nobel India Ltd.

Radico Khaitan Ltd.

Bajaj Consumer Care Ltd.

Vst Industries Ltd.

Finance

Central Depository Services (India) Ltd.

Bse Ltd.

Gas

Gujarat State Petronet Ltd.

Healthcare Services

Healthcare Global Enterprises Ltd.

Industrial Capital Goods

Honda Siel Power Products Ltd.

V


NAV Movement

Issuer NameAkzo Nobel India Ltd.Rallis India Ltd.Basf India Ltd.Tube Investments Of India Ltd.Elantas Beck India Ltd.Radico Khaitan Ltd.Gujarat State Petronet Ltd.India Grid TrustRamco Industries Ltd.Quess Corp Ltd.Total

% to NAV5.355.294.984.594.394.174.083.843.133.10

42.92

127206

658100

1376545

241480

100000

65700

150000

665000

717000

30000

500000

215491

1089100

1602000

78567

2315.93

1485.38

1262.97

1146.60

706.58

1489.67

658.40

2787.68

2023.21

1632.41

997.31

1582.28

848.33

4.39

2.82

2.40

2.18

1.34

2.83

1.25

5.29

3.84

3.10

1.89

3.00

1.61

Industrial Products

Elantas Beck India Ltd.

Finolex Industries Ltd.

Polycab India Ltd.

Mahindra Cie Automotive Ltd.

Timken India Ltd.


Saregama India Ltd.

Entertainment Network ( I ) Ltd.

Pesticides

Rallis India Ltd.

Power

India Grid Trust - Inv-It

Services

Quess Corp Ltd.

Software

Kpit Technologies Ltd.

Transportation

Redington (India) Ltd.

Transport Corporation Of India Ltd.

100172

349500

185895

1225000

83000

550812

502400

1310000

1990170

739986

2025000

1825000

554100

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.


For scheme performance refer pages 49-61.*B: BenchmarkSource: MFI Explorer

0.00%

14.69%

85.31%

Company Name No. of SharesMarket Value

Rs. Lakhs% of

Assets

Tata Small Cap Fund(An open-ended Equity Scheme predominantly investing in small cap stocks)


NAV


::::

8.71828.71828.45098.4509

FUND SIZE

Rs. 527.00 (Rs. in Cr.)

TURN OVER


15.30%15.30%





LOAD STRUCTURE



36.51-0.191.001.00

-2.01NA

27.34-0.120.720.98

-1.330.49


1) Redemption/Switch-out/SWP/STP on or before expiry of 12 Months from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment - NIL2) Redemption/Switch-out/SWP/STP on or before expiry of 12 Months from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment - 1%3) Redemption/Switch-out/SWP/STP after expiry of 12 Months from the date of allotment - NIL (w.e.f. 03 June, 2019)

BENCHMARKNifty Smallcap 100 TRI

ASSISTANT FUND MANAGERSatish Chandra Mishra (Managing Since 1-Nov-19 and overall experience of 13 years)

MONTHLY AVERAGE AUM

Rs. 507.61 (Rs. in Cr.)

EXPENSE RATIO**DirectRegular

1.072.53


14.34%14.01%

10.37%9.14%

6.62%5.29%

4.08%4.08%

3.89%3.84%

3.13%3.05%

2.49%

0.00% 4.00% 8.00% 12.00% 16.00%

Industrial ManufacturingConsumer Goods

ChemicalsServices

AutomobileFertilisers & PesticidesMedia & Entertainment

Oil & GasFinancial Services

EnergyCement & Cement Products

Healthcare ServicesIT

50647892

106120

Nov-18 May-19 Nov-19 May-20

Tata Small Cap Fund - Reg - Growth Nifty Smallcap 100 TRI



Large Cap

Mid Cap

Small Cap



15

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

December 05,2019

FUND MANAGER

PORTFOLIO

102125.22

9706.83

9078.83

6129.40

2848.63

4763.92

3635.78

2160.43

4141.50

3349.50

3272.40

2656.80

4810.81

1560.84

1135.98

91.07

8.66

8.10

5.47

2.54

4.25

3.24

1.93

3.69

2.99

2.92

2.37

4.29

1.39

1.01

Name of the Instrument Market ValueRs. Lakhs

% to Assets

Other Equities^

Repo

Portfolio Total

Net Current Liabilities

Net Assets

623.00

10068.80

112194.02

-59.01

112135.01

0.56

8.98

100.05

-0.05

100.00


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: S&P BSE 200 TRIB: S&P BSE 200 TRITotal Value of AB: S&P BSE Sensex TRIAB: S&P BSE Sensex TRI(Inception date :05-Dec-2019) (First Installment date : 01-Jan-2020)

NANANANANANANA

NANANANANANANA

NANANANANANANA

NANANANANANANA

NANANANANANANA

50,00045,349

-33.88%46,806

-24.31%46,296

-27.77%

Primarily focuses on investing in equity and equity related instruments of well researched companies across market capitalization.


The investment objective of the scheme is to generate long term capital appreciation by investing in equity & equity related instruments of maximum 30 stocks across market caps. 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.

Rupesh Patel (Managing Since 15-Nov-19 and overall experience of 15 years)


Banks

HDFC Bank Ltd.

ICICI Bank Ltd.

State Bank Of India

Axis Bank Ltd.

Cement




Consumer Durables

Voltas Ltd.


Jubilant Foodworks Ltd.

United Breweries Ltd.

Kansai Nerolac Paints Ltd.

Ferrous Metals

Tata Steel Ltd.

Finance


ICICI Lombard General Insurance Co. Ltd.

HDFC Asset Management Company Ltd.

V


NAV Movement

Issuer NameReliance Industries Ltd.HDFC Bank Ltd.ICICI Bank Ltd.Bharti Airtel Ltd.Infosys Ltd.State Bank Of IndiaP.i. Industries Ltd.HDFC Ltd.Ultratech Cement Ltd.Jubilant Foodworks Ltd.Total

% to NAV10.97

8.668.107.886.785.474.804.294.253.69

64.89

1020000

2735000

3800000

740000

122000

390000

449950

250000

350000

900000

900000

290000

120000

45000

2405.50

5387.20

12300.96

3085.20

2629.11

7601.00

8841.60

2.15

4.80

10.97

2.75

2.34

6.78

7.88

Gas

Gujarat Gas Ltd.

Pesticides

Pi Industries Ltd.

Petroleum Products


Bharat Petroleum Corporation Ltd.

Pharmaceuticals

Divi Laboratories Ltd.

Software

Infosys Ltd.

Telecom - Services

Bharti Airtel Ltd.

1000000

350000

840000

900000

110000

1100000

1600000



86.20%

13.80%

0.00%

Company Name No. of Shares No. of SharesMarket Value

Rs. Lakhs% of

Assets

Tata Focused Equity Fund(An Open Ended Equity Scheme investing in maximum 30 stocks across market caps (i.e. Multi Cap))


NAV


::::

7.90537.90537.81067.8106

FUND SIZE

Rs. 1121.35 (Rs. in Cr.)

TURN OVER


14.06%14.06%





LOAD STRUCTURE


Std. Dev (Annualised)

Sharpe Ratio

Portfolio Beta

R Squared

Treynor

Jenson

47.37

-0.29

1.00

1.00

-3.90

NA

47.08

-0.33

0.99

0.99

-4.57

-0.66



BENCHMARKS&P BSE 200 TRI

MONTHLY AVERAGE AUM

Rs. 1098.87 (Rs. in Cr.)


0.562.18



31.45%15.87%

12.08%7.88%

6.78%4.80%

4.25%3.24%

2.37%2.34%

0.00% 8.00% 16.00% 24.00% 32.00% 40.00%


Consumer GoodsTelecom

ITFertilisers & Pesticides

Cement & Cement ProductsConstruction

MetalsPharma

60708090

100110

Dec-19 Feb-20 Mar-20 May-20

Tata Focused Equity Fund - Reg - Growth S&P BSE 200 TRI



Large Cap

Mid Cap

Small Cap



16

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

February 25, 2003

FUND MANAGER

PORTFOLIO

4263.84

79.84

44.17

442.76

229.87

176.35

92.28

66.15

47.64

123.15

184.83

157.30

80.86

66.66

307.97

54.84

509.85

55.06

53.33

47.85

98.84

1.85

1.02

10.26

5.33

4.09

2.14

1.53

1.10

2.85

4.28

3.65

1.87

1.55

7.14

1.27

11.82

1.28

1.24

1.11

Company Name No. of Shares Market ValueRs. Lakhs

% to Assets

Other Equities^Reconstitued PortfolioEquity & Equity RelatedTrading Suspended Due To Lock-In Of SharesYes Bank Ltd. (Locked-In)

RepoPortfolio TotalCash / Net Current AssetNet Assets

752.66

0.00

34.69

4298.53

15.47

4314.00

8249

17.45

0.00

0.8099.64

0.36100.00


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Nifty 50 TRIB: Nifty 50 TRI(Inception date :25-Feb-2003) (First Installment date : 01-Apr-2003)

120,000104,656-23.09%105,177-22.33%

360,000324,389-6.68%

327,748-6.03%

600,000607,843

0.51%620,548

1.33%

840,000942,823

3.26%975,952

4.23%

1,200,0001,584,248

5.43%1,677,504

6.53%

2,060,0004,937,075

9.42%5,486,530

10.49%

An index fund that seeks to track returns by investing in Nifty 50 Index stocks and aims to achieve returns of the stated index, subject to tracking error.


The investment objective of the Scheme is to reflect/mirror the market returns with a minimum tracking error. The scheme does not assure or guarantee any returns.



Auto


Mahindra & Mahindra Ltd.

Banks

HDFC Bank Ltd.

ICICI Bank Ltd.


Axis Bank Ltd.

State Bank Of India

Cement





ITC Ltd.


Asian Paints (India) Ltd.

Nestle India Ltd.

Finance


Bajaj Finance Ltd.

Petroleum Products


Pharmaceuticals

Sun Pharmaceutical Industries Ltd.

Dr Reddys Laboratories Ltd.

Power

NTPC Ltd.

V


NAV Movement

Issuer NameReliance Industries Ltd.HDFC Bank Ltd.HDFC Ltd.Infosys Ltd.ICICI Bank Ltd.Tata Consultancy Services Ltd.ITC Ltd.Kotak Mahindra BankHindustan Unilever Ltd.Bharti Airtel Ltd.Total

% to NAV11.8210.26

7.146.295.335.144.284.093.653.07

61.07

1423

10122

46525

69247

14408

23973

41008

1220

13210

93658

7646

4804

380

18565

2807

34816

11609

1310

48901

271.46

221.95

64.36

132.65

6.29

5.14

1.49

3.07

Software

Infosys Ltd.


HCL Technologies Ltd.

Telecom - Services

Bharti Airtel Ltd.

39285

11253

11696

24005




100.00%

0.00%

0.00%


Rs. Lakhs% of

Assets

Tata Index Fund - Nifty Plan(An open ended equity scheme tracking Nifty 50 Index)


NAV

Direct - GrowthRegular - Growth

::

61.744758.1130

FUND SIZE

Rs. 43.14 (Rs. in Cr.)

TURN OVER


53.04%53.03%


Rs. 5,000/- and in multiples of Re. 1/- thereafter

TRACKING ERROR

0.66%



LOAD STRUCTURE



20.73-0.011.001.00

-0.05NA

20.23-0.020.981.00

-0.12-0.07


BENCHMARKNifty 50 TRI

MONTHLY AVERAGE AUM

Rs. 42.31 (Rs. in Cr.)


0.051.00


0.25% of the applicable NAV, if redeemed on or before 7 days from the date of allotment.

Note: As per the guidance issued by AMFI vide correspondence 35P/MEM-COR/57/2019-20,any realization of proceeds from the locked-in shares of Yes Bank Ltd. (which is 3 years from the commencement of the Revival scheme i.e March 13,2020) shall be distributed (post conclusion of the lock in period) among the set of investors existing in the unit holders’ register / BENPOS as on end of March 13, 2020.For further details refer our website

https://www.tatamutualfund.com/docs/default-source/statutory-disclosures/valuation-current-update/valuation-update-17-03-2020.pdf?sfvrsn=aa8cd899_2

33.02%14.54%14.15%

13.25%5.51%

3.56%3.32%2.85%2.64%2.38%2.07%

0.63%0.55%0.36%

0.00% 8.00% 16.00% 24.00% 32.00% 40.00%

Financial ServicesIT

Oil & GasConsumer Goods

AutomobileTelecomPharma

ConstructionMetals


ServicesFertilisers & PesticidesMedia & Entertainment

8092

104116128140


Tata Index Fund - Nifty Plan - Reg Nifty 50 TRI



Large Cap

Mid Cap

Small Cap


TRACKING ERROR

0.66%


17

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

February 25, 2003

FUND MANAGER

PORTFOLIO

2426.05

52.47

29.15

25.01

287.83

152.66

102.67

62.87

42.65

30.75

80.86

26.48

119.74

106.14

53.85

42.96

203.93

34.25

332.09

36.30

97.14

2.10

1.17

1.00

11.53

6.11

4.11

2.52

1.71

1.23

3.24

1.06

4.79

4.25

2.16

1.72

8.17

1.37

13.30

1.45

Name of the Instrument Ratings Market ValueRs. Lakhs

% to NAV

Other Equities^

Repo

Portfolio Total

Cash / Net Current Asset

Net Assets

95.90

35.84

2461.89

35.46

2497.35

3.84

1.44

98.58

1.42

100.00


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: S&P BSE Sensex TRIB: S&P BSE Sensex TRI(Inception date :25-Feb-2003) (First Installment date : 01-Apr-2003)

120,000104,771-22.92%105,023-22.56%

360,000332,043-5.20%

334,404-4.75%

600,000626,178

1.69%636,952

2.36%

840,000966,701

3.96%997,918

4.86%

1,200,0001,623,158

5.89%1,722,892

7.04%

2,060,0004,911,622

9.37%5,774,456

11.01%

An index fund that seeks to track returns by investing in S&P BSE SENSEX Index stocks and aims to achieve returns of the stated index, subject to tracking error.


The investment objective of the Scheme is to reflect/mirror the market returns with a minimum tracking error. The scheme does not assure or guarantee any returns.



Auto



Bajaj Auto Ltd.

Banks

HDFC Bank Ltd.

ICICI Bank Ltd.


Axis Bank Ltd.

State Bank Of India

Cement




Consumer Durables

Titan Company Ltd.


ITC Ltd.



Nestle India Ltd.

Finance


Bajaj Finance Ltd.

Petroleum Products


Pharmaceuticals


V


NAV Movement

Issuer NameReliance Industries Ltd.HDFC Bank Ltd.HDFC Ltd.Infosys Ltd.ICICI Bank Ltd.Tata Consultancy Services Ltd.ITC Ltd.Hindustan Unilever Ltd.Kotak Mahindra BankLarsen & Toubro Ltd.Total

% to NAV13.3011.53

8.177.366.115.924.794.254.113.24

68.78

935

6679

922

30258

45969

8390

16406

26608

788

8673

2973

60641

5160

3197

245

12290

1754

22665

7634

29.75

25.94

183.72

147.77

43.45

76.86

1.19

1.04

7.36

5.92

1.74

3.08

Power

NTPC Ltd.

Power Grid Corporation Of India Ltd.

Software

Infosys Ltd.



Telecom - Services

Bharti Airtel Ltd.

30434

16462

26574

7495

7895

13913




100.00%

0.00%

0.00%


Rs. Lakhs% of

Assets

Tata Index Fund - Sensex Plan(An open ended equity scheme tracking S & P BSE Sensex)


NAV

Direct - GrowthReg - Growth

::

83.059080.3338

FUND SIZE

Rs. 24.97 (Rs. in Cr.)

TURN OVER


19.33%19.33%





LOAD STRUCTURE



20.680.011.001.000.07

NA

20.100.000.971.000.01

-0.05^Risk-free rate based on the FBIL Overnight MIBOR rate of 4.04% as on May 29, 2020For calculation methodology please refer to Pg 61

BENCHMARKS&P BSE Sensex TRI

MONTHLY AVERAGE AUM

Rs. 22.93 (Rs. in Cr.)


0.051.00


0.25% of the applicable NAV, if redeemed on or before 7 days from the date of allotment

36.19%15.96%

14.03%13.98%

5.12%3.24%3.08%

2.23%1.45%1.23%

0.64%

0.00% 8.00% 16.00% 24.00% 32.00% 40.00%




TelecomPower

PharmaCement & Cement Products

Metals

8092

104116128140


Tata Index Fund - Sensex Plan - Reg S&P BSE Sensex TRI




Large Cap

Mid Cap

Small Cap


18

As on 31st May 2020

INVESTMENT STYLE


PORTFOLIO



% of Assets

12431.54

232.40

129.70

1297.18

675.58

515.34

269.31

192.66

132.69

360.93

538.80

462.94

241.63

186.46

128.87

896.80

156.57

1490.93

158.85

156.87

134.66

793.32

652.73

189.08

99.68

1.86

1.04

10.40

5.42

4.13

2.16

1.54

1.06

2.89

4.32

3.71

1.94

1.50

1.03

7.19

1.26

11.96

1.27

1.26

1.08

6.36

5.23

1.52

4142

29724

136308

203519

42103

69959

119440

3398

38716

273016

22502

14356

1063

3814

54060

8014

101812

33496

3853

137619

114808

33094

34362



% of Assets

Other Equities^Reconstitued PortfolioEquity & Equity RelatedTrading Suspended Due To Lock-In Of SharesYes Bank Ltd. (Locked-In)RepoPortfolio TotalCash / Net Current AssetNet Assets

2057.50

0.0027.75

12459.2911.89

12471.18

31269

16.50

0.000.22

99.900.10

100.00




Returns

Total Value of B: Nifty 50 TRI

B: Nifty 50 TRI

(Inception date :01-Jan-2019) (First Installment date : 01-Feb-2019)

NA

NA

NA

NA

NA

120,000

105,012

-22.57%

105,177

-22.33%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

160,000

139,499

-18.15%

139,697

-17.97%

Exchange Traded Fund tracking Nifty 50 Index.

The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty 50 index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.


Auto



Banks

HDFC Bank Ltd.

ICICI Bank Ltd.


Axis Bank Ltd.

State Bank Of India

Cement





ITC Ltd.



Nestle India Ltd.

Britannia Industries Ltd.

Finance


Bajaj Finance Ltd.

Petroleum Products


Pharmaceuticals



Power

NTPC Ltd.

Software

Infosys Ltd.



379.74 3.0468718

Telecom - Services

Bharti Airtel Ltd.



NAV Movement

Issuer NameReliance Industries Ltd.HDFC Bank Ltd.HDFC Ltd.Infosys Ltd.ICICI Bank Ltd.Tata Consultancy Services Ltd.ITC Ltd.Kotak Mahindra BankHindustan Unilever Ltd.Bharti Airtel Ltd.Total

% to NAV11.9610.407.196.365.425.234.324.133.713.04

61.76

100.00%

0.00%

0.00%





26.50-0.091.001.00

-0.68NA

27.40-0.091.001.00

-0.680.00

DATE OF ALLOTMENT

January 01, 2019

FUND MANAGER

NAV

Direct - Growth : 97.2935

FUND SIZE

Rs. 124.71 (Rs. in Cr.)

TURN OVER


59.54%59.53%


50,000 units and in multiples thereof

ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS

50,000 units and in multiples thereof

LOAD STRUCTURE

Entry Load : Not ApplicableNilExit Load :

Sailesh Jain (Managing Since 17-Dec-18 and overall experience of 15 years)



MONTHLY AVERAGE AUM

Rs. 118.87 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.07NA

BENCHMARK

Nifty 50 TRI

Tata Nifty Exchange Traded Fund(An open ended Exchange Traded Fund tracking Nifty 50 Index.)



33.34%14.78%14.25%

13.45%5.60%

3.55%3.37%2.89%2.66%2.24%2.01%

0.65%0.57%0.31%

0.00% 8.00% 16.00% 24.00% 32.00% 40.00%



AutomobileTelecomPharma

ConstructionMetals


ServicesFertilisers & PesticidesMedia & Entertainment

70

80

90

100

110

120

Jan-19 Jun-19 Dec-19 May-20

Tata Nifty Exchange Traded Fund Nifty 50 TRI




Large Cap

Mid Cap

Small Cap


19

As on 31st May 2020

INVESTMENT STYLE


PORTFOLIO



% of Assets

948.95

299.35

201.63

153.27

129.30

64.16

26.99

24.39

23.77

14.55

11.54

99.49

31.39

21.14

16.07

13.56

6.73

2.83

2.56

2.49

1.53

1.21

31456

60741

12522

33588

16298

19901

11180

52929

12073

52232



% of Assets

Other Equities^Reconstitued PortfolioEquity & Equity RelatedTrading Suspended Due To Lock-In Of SharesYes Bank Ltd. (Locked-In)Portfolio TotalCash / Net Current AssetNet Assets

0.00

0.00948.95

4.81953.76

38064

0.00

0.0099.490.51

100.00




Returns

Total Value of B: Nifty Private Bank TRI

B: Nifty Private Bank TRI


AB: Nifty 50 TRI

(Inception date :30-Aug-2019) (First Installment date : 01-Oct-2019)

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

80,000

58,446

-59.38%

58,752

-58.74%

71,258

-27.55%

Exchange Traded Fund replicating / tracking Nifty Private Bank Index.

The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.


Banks

HDFC Bank Ltd.

ICICI Bank Ltd.


Axis Bank Ltd.

Indusind Bank Ltd.

City Union Bank Ltd.

Bandhan Bank Ltd.

Federal Bank Ltd.

Rbl Bank Ltd.

IDFC First Bank Ltd.



NAV Movement

Issuer NameHDFC Bank Ltd.ICICI Bank Ltd.Kotak Mahindra BankAxis Bank Ltd.Indusind Bank Ltd.City Union Bank Ltd.Bandhan Bank Ltd.Federal Bank Ltd.Rbl Bank Ltd.IDFC First Bank Ltd.Total

% to NAV31.3921.1416.0713.566.732.832.562.491.531.21

99.51

91.90%

8.10%

0.00%





51.04-0.301.001.00

-4.33NA

53.45-0.291.011.00

-4.37-0.04

DATE OF ALLOTMENT

August 30, 2019

FUND MANAGER

NAV

Direct - Growth : 106.4677

FUND SIZE

Rs. 9.54 (Rs. in Cr.)

TURN OVER


31.77%31.77%


15000 Units and in multiples thereof


15000 Units and in multiples thereof

LOAD STRUCTURE

Entry Load : Not ApplicableNilExit Load :

Sailesh Jain (Managing Since 16-Aug-19 and overall experience of 15 years)



MONTHLY AVERAGE AUM

Rs. 9.33 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.13NA

BENCHMARK

Nifty Private Bank TRI

Tata Nifty Private Bank Exchange Traded Fund(An Open-Ended Exchange Traded Fund replicating/ tracking -Nifty Private Bank Index)



99.49%

0.00% 25.00% 50.00% 75.00% 100.00%

FinancialServices

50647892

106120

Sep-19 Dec-19 Feb-20 May-20

Tata Nifty Private Bank Exchange Traded FundNifty Private Bank TRI



Large Cap

Mid Cap

Small Cap





16.820.001.001.00

-0.02NA

16.24-0.020.950.96

-0.12-0.09

20

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

May 24,1996

FUND MANAGER

NAV


::::

156.195685.7677

145.591159.4299

FUND SIZE

Rs. 514.75 (Rs. in Cr.)

TURN OVER


40.35%40.35%





LOAD STRUCTURE


Exit Load :

PORTFOLIO

Company name

46585.99

738.95

1094.48817.29718.15

792.58526.76

823.46

1060.481005.70

3250.611540.981227.861221.291077.18

1793.981363.77

1012.96580.65

823.25666.98564.53560.81

90.50

1.44

2.131.591.40

1.541.02

1.60

2.061.95

6.322.992.392.372.09

3.492.65

1.971.13

1.601.301.101.09

31300

15800267000116849

3800275000

4500

80000113000

158000420000

70006500064000

380000540000

9300081696

37000076000

15000055000



% of Assets

No. of Shares


% of Assets

925000

502000

435000505000

8300093750

145000

26500062700031000015000086000

769.60

1068.26

1491.18583.53

1878.211401.191261.21

5226.734332.571705.78795.68657.81

1.50

2.08

2.901.13

3.652.722.45

10.158.423.311.551.28

Other Equities^Portfolio TotalCash / Net Current AssetNet Assets

4.1890.509.50

100.00

2151.5446585.994888.85

51474.84




Returns

Total Value of B: Nifty 500 Shariah TRI

B: Nifty 500 Shariah TRI


AB: Nifty 50 TRI

(Inception date :24-May-1996) (First Installment date : 01-Sep-1996)

120,000

113,593

-9.87%

116,343

-5.67%

105,177

-22.33%

360,000

339,363

-3.81%

346,629

-2.45%

327,748

-6.03%

600,000

608,083

0.53%

656,998

3.59%

620,548

1.33%

840,000

976,037

4.23%

1,077,344

7.01%

975,952

4.23%

1,200,000

1,771,565

7.57%

1,941,005

9.31%

1,677,504

6.53%

2,850,000

26,525,412

15.93%

3,215,947

9.75%

14,577,724

11.97%

An equity scheme which invests primarily in equities of Shariah compliant companies and other instrument if allowed under Shariah principles.

To provide medium to long- term capital gains by investing in Shariah compliant equity and equity related instruments of well-researched value and growth - oriented companies. Tata Ethical Fund aims to generate medium to long term capital growth by investing in equity and equity related instruments of shariah compliant companies.


Ennette Fernandes (Managing Since 20-Apr-20 and overall experience of 10 years) & Rupesh Patel (Managing Since 20-Apr-20 and overall experience of 18 years)


1% of the applicable NAV, if redeemed on or before 365 days from the date of allotment. (w.e.f. 6th April, 2015)

Equity & Equity Related TotalAutoHero Motocorp Ltd.Auto AncillariesWabco India Ltd.Sundram Fasteners Ltd.Amara Raja Batteries Ltd.CementShree Cement Ltd.Ambuja Cements Ltd.Commercial Services3M India Ltd.Consumer DurablesBata India Ltd.Titan Company Ltd.Consumer Non DurablesHindustan Unilever Ltd.Tata Consumer Products Ltd.Nestle India Ltd.Akzo Nobel India Ltd.Asian Paints (India) Ltd.GasIndraprastha Gas Ltd.Petronet Lng Ltd.Industrial Capital GoodsSiemens Ltd.Thermax Ltd.Industrial ProductsCarborundum Universal Ltd.Astral Poly Technik Ltd.Cummins India Ltd.Supreme Industries Ltd.


NAV Movement

Issuer NameTata Consultancy Services Ltd.Infosys Ltd.Hindustan Unilever Ltd.Alkem Laboratories Ltd.Indraprastha Gas Ltd.HCL Technologies Ltd.Tata Consumer Products Ltd.BpclIpca LabsPetronet Lng Ltd.Total

% to NAV10.158.426.313.653.493.312.992.902.722.65

46.59

OilOil & Natural Gas Co.PesticidesRallis India Ltd.Petroleum ProductsBharat Petroleum Corporation Ltd.Castrol India Ltd.PharmaceuticalsAlkem Laboratories Ltd.Ipca Laboratories Ltd.Lupin Ltd.SoftwareTata Consultancy Services Ltd.Infosys Ltd.HCL Technologies Ltd.Tech Mahindra Ltd.Tata Elxsi Ltd.


58.43%

35.44%

6.13%


BENCHMARK

Nifty 500 Shariah TRI

MONTHLY AVERAGE AUM

Rs. 505.94 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

1.372.54


Tata Ethical Fund(An open ended equity scheme following Shariah principles)

24.71%

21.36%

11.66%

9.53%

8.82%

6.54%

3.30%

2.97%

1.60%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00%

IT

Consumer Goods

Oil & Gas

Industrial Manufacturing

Pharma

Automobile

Cement & Cement Products

Fertilisers & Pesticides

Services

8090

100110120130


Tata Ethical Fund - Reg - Growth Nifty 500 Shariah TRI



Large Cap

Mid Cap

Small Cap






Returns

Total Value of B: Nifty Financial Services TRI

B: Nifty Financial Services TRI


AB: Nifty 50 TRI

(Inception date :28-Dec-2015) (First Installment date : 01-Jan-2016)

120,000

95,553

-35.82%

91,553

-41.17%

105,177

-22.33%

360,000

304,612

-10.60%

305,445

-10.43%

327,748

-6.03%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

530,000

518,479

-0.98%

527,775

-0.19%

533,270

0.27%


NAV Movement

Issuer NameHDFC Bank Ltd.ICICI Bank Ltd.HDFC Ltd.Kotak Mahindra BankAxis Bank Ltd.HDFC Life Insurance Co. Ltd.HDFC Asset Management Company Ltd.Muthoot Finance Ltd.ICICI Lombard General Insurance Co. Ltd.City Union Bank Ltd.Total

% to NAV24.1214.7512.3110.885.263.913.803.272.602.56

83.46

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49 - 61.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

92.76%

4.65%

2.59%

PORTFOLIO



% of Assets

92.85

24.1214.7510.885.262.561.42

12.31

3.913.803.272.60

2.40

1.931.76

9840001725000345000530000731990887500

288200

29000058500

14700077600

237000

38400179000

36049.81

9364.245726.144222.802040.24992.58549.81

4780.95

1517.281476.771268.101009.34

931.65

750.20682.17

Company name


737.542859.46

38909.27-85.40

38823.87

1.907.36

100.21-0.21

100.00

Equity & Equity Related TotalBanksHDFC Bank Ltd.ICICI Bank Ltd.Kotak Mahindra Bank Ltd.Axis Bank Ltd.City Union Bank Ltd.Dcb Bank Ltd.FinanceHousing Development FinanceCorporation Ltd.HDFC Life Insurance Co. Ltd.HDFC Asset Management Company Ltd.Muthoot Finance Ltd.ICICI Lombard General InsuranceCo. Ltd.ICICI Prudential Life InsuranceCompany Ltd.Bajaj Finance Ltd.ICICI Securities Ltd.


No. of Shares


% of Assets

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

December 28,2015

NAV

FUND SIZE

Rs. 388.24 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 374.35 (Rs. in Cr.)

TURN OVER


34.57%34.57%

EXPENSE RATIO**

DirectRegular

1.082.62



26.570.011.001.000.04

NA

25.69-0.020.920.91

-0.15-0.18





LOAD STRUCTURE


Exit Load :

Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.


The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.

FUND MANAGER



Amey Sathe (Managing Since 18-Jun-18 and overall experience of 12 years)

BENCHMARK

Nifty Financial Services TRI


::::

16.057416.057413.743414.9270




0.25% of NAV if redeemed on or before expiry of 3 months from the date of allotment


21

Tata Banking & Financial Services Fund(An open ended equity scheme investing in Banking & Financial Services Sector)

92.85%

0.00% 20.00% 40.00% 60.00% 80.00% 100.00%

Financial Services

8096

112128144160


Tata Banking And Financial Services Fund - Reg - GrowthNifty Financial Services TRI



Large Cap

Mid Cap

Small Cap






Returns

Total Value of B: S&P BSE IT TRI

B: S&P BSE IT TRI




120,000

111,145

-13.56%

114,249

-8.88%

105,023

-22.56%

360,000

371,022

1.98%

393,335

5.86%

334,404

-4.75%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

530,000

607,512

6.14%

638,673

8.42%

547,562

1.46%


NAV Movement

Issuer NameInfosys Ltd.Tata Consultancy Services Ltd.HCL Technologies Ltd.Wipro Ltd.Persistent Systems Ltd.Mindtree Ltd.L&t Technology Services Ltd.Tech Mahindra Ltd.Oracle Financials Services SoftwareKpit Technologies Ltd.Total

% to NAV30.9719.689.787.294.614.122.832.671.841.61

85.40


83.64%

8.05%

8.32%

PORTFOLIO



% of Assets

86.36

30.9719.689.787.294.614.122.832.671.841.61

1539000342500610000

117600030120015800083000

17300025400

1125000

29651.03

10634.496755.303356.532502.531582.961413.47972.18917.68632.92554.06

Company name


328.914514.04

34165.07168.72

34333.79

0.9613.1599.510.49

100.00

Equity & Equity Related TotalSoftwareInfosys Ltd.Tata Consultancy Services Ltd.HCL Technologies Ltd.Wipro Ltd.Persistent Systems Ltd.Mindtree Ltd.L&T Technology Services Ltd.Tech Mahindra Ltd.Oracle Financials Services Soft Ltd.Kpit Technologies Ltd.


No. of Shares


% of Assets

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

December 28,2015

NAV

FUND SIZE

Rs. 343.34 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 332.14 (Rs. in Cr.)

TURN OVER


39.79%34.50%

EXPENSE RATIO**

DirectRegular

1.132.60



18.800.161.001.000.88

NA

19.120.150.960.880.880.00





LOAD STRUCTURE


Exit Load :

Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Information Technology sector in India.

INVESTMENT OBJECTIVEThe investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.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.

FUND MANAGER

Meeta Shetty (Managing Since 20-Apr-20 and overall experience of 13 years) & Rahul Singh (Managing Since 20-Apr-20 and overall experience of 23 years)

BENCHMARK

S&P BSE IT TRI


::::

14.503014.503013.442713.4427






22

Tata Digital India Fund(An open ended equity scheme investing in Information Technology Sector)

86.36%

0.00% 18.00% 36.00% 54.00% 72.00% 90.00% 108.00%

IT

90108126144162180


Tata Digital India Fund - Reg - Growth S&P BSE IT TRI



Large Cap

Mid Cap

Small Cap






Returns

Total Value of B: Nifty India Consumption TRI

B: Nifty India Consumption TRI


AB: Nifty 50 TRI


120,000

111,831

-12.53%

117,785

-3.45%

105,177

-22.33%

360,000

331,677

-5.27%

353,695

-1.15%

327,748

-6.03%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

530,000

574,469

3.61%

574,735

3.63%

533,270

0.27%


NAV Movement

Issuer NameHindustan Unilever Ltd.Nestle India Ltd.Dabur India Ltd.Tata Consumer Products Ltd.Titan Company Ltd.Asian Paints (india) Ltd.United Spirits Ltd.Jubilant Foodworks Ltd.Bata India Ltd.MRF Ltd.Total

% to NAV10.706.465.985.835.184.804.334.324.083.77

55.45


54.86%

32.90%

12.24%

PORTFOLIO



% of Assets

91.48

3.453.143.08

3.771.75

5.184.083.381.641.541.05

10.706.465.985.834.804.334.323.252.351.73

41000060000

122000

68501150000

6250003300007550003615085000

1392500

55800039500

1375000170500030600078250028000095950076489518809

98178.01

3703.333366.483306.81

4049.251873.35

5562.504374.483625.131762.601652.951122.36

11480.016928.626413.696255.655150.294648.834638.483488.742526.071860.83

Company name


348.137997.22

106175.231143.67

107318.90

0.327.45

98.931.07

100.00

Equity & Equity Related TotalAutoEscorts Ltd.Maruti Suzuki India Ltd.Bajaj Auto Ltd.Auto AncillariesMRF Ltd.Exide Industries Ltd.Consumer DurablesTitan Company Ltd.Bata India Ltd.Voltas Ltd.Dixon Technologies (India) Ltd.Whirlpool Of India Ltd.Greenply Industries Ltd.Consumer Non DurablesHindustan Unilever Ltd.Nestle India Ltd.Dabur India Ltd.Tata Consumer Products Ltd.Asian Paints (India) Ltd.United Spirits Ltd.Jubilant Foodworks Ltd.Kansai Nerolac Paints Ltd.Radico Khaitan Ltd.P & G Hygiene & Health Care Ltd.


No. of Shares


% of Assets

1.541.291.09

1.00

2.94

1.49

4900065000037642

280000

672000

8500

1655.641379.301172.32

1077.86

3150.67

1603.64

Britannia Industries Ltd.Ccl Products India Ltd.Vst Industries Ltd.Media & EntertainmentSun Tv Network Ltd.RetailingTrent Ltd.Textile ProductsPage Industries Ltd.

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

December 28, 2015

NAV

FUND SIZE

Rs. 1073.19 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 1033.83 (Rs. in Cr.)

TURN OVER


52.69%51.67%

EXPENSE RATIO**

DirectRegular

0.902.31



18.200.021.001.000.10

NA

18.520.030.960.890.150.05





LOAD STRUCTURE


Exit Load :

Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Consumption Oriented sectors in India.


The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its assets in equity/equity related instruments of the companies in the Consumption Oriented sectors in India.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.

FUND MANAGER




BENCHMARK

Nifty India Consumption TRI


::::

16.620316.620314.209415.4471




1% if redeemed on or before 12 Months from the date of allotment (w.e.f. 3rd May, 2019)


23

Tata India Consumer Fund(An open ended equity scheme investing in Consumption Oriented Sector)

73.80%

15.19%

1.49%

1.00%

0.00% 16.00% 32.00% 48.00% 64.00% 80.00%

Consumer Goods

Automobile

Textiles


80

94

108

122

136

150


Tata India Consumer Fund - Reg - GrowthNifty India Consumption TRI



Large Cap

Mid Cap

Small Cap






Returns

Total Value of B: Nifty Pharma TRI

B: Nifty Pharma TRI


AB: Nifty 50 TRI


120,000

145,754

42.68%

147,863

46.37%

105,177

-22.33%

360,000

451,062

15.27%

406,291

8.05%

327,748

-6.03%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

530,000

652,250

9.38%

560,248

2.48%

533,270

0.27%


NAV Movement

Issuer NameDr. Reddys Labaratories Ltd.Sun Pharmaceutical Industries Ltd.Divi Laboratories Ltd.Lupin Laboratories Ltd.Ipca LabsAurobindo Pharma Ltd.Cipla Ltd.Abbott India Ltd.Procter & Gamble Health Ltd.Narayana Hrudayalaya Ltd.Total

% to NAV16.4415.5210.419.246.035.555.234.624.544.44

82.02


65.44%

22.62%

11.93%

PORTFOLIO



% of Assets

95.35

4.441.871.75

16.4415.5210.419.246.035.555.234.624.543.763.181.26

38272032500

410000

9500077010010250025000095000

175000190000

650026000

10150021700083000

22433.40

1044.06441.01411.85

3867.693652.202449.852174.501419.871304.891231.491087.021068.69884.22747.78296.39

Company name

Other Equities^

Repo

Portfolio Total


Net Assets

351.89

1364.28

23797.68

-269.53

23528.15

1.50

5.80

101.15

-1.15

100.00

Equity & Equity Related TotalHealthcare ServicesNarayana Hrudayalaya Ltd.Apollo Hospitals Enterprise Ltd.Healthcare Global Enterprises Ltd.PharmaceuticalsDr Reddys Laboratories Ltd.Sun Pharmaceutical Industries Ltd.Divi Laboratories Ltd.Lupin Ltd.Ipca Laboratories Ltd.Aurobindo Pharma Ltd.Cipla Ltd.Abbott India Ltd.Procter & Gamble Health Ltd.Alembic Pharmaceuticals Ltd.Cadila Healthcare Ltd.Syngene International Ltd.

No. of Shares


% of Assets

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

December 28, 2015

NAV

FUND SIZE

Rs. 235.28 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 225.24 (Rs. in Cr.)

TURN OVER


46.42%46.42%

EXPENSE RATIO**

DirectRegular

1.202.64



26.390.031.001.000.21

NA

19.430.100.680.840.850.44





LOAD STRUCTURE


Exit Load :

Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Pharma & Healthcare sectors in India.


The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the pharma & healthcare sectors in India.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.

FUND MANAGER

Meeta Shetty (Managing Since 20-Apr-20 and overall experience of 13 years) & Rahul Singh (Managing Since 20-Apr-20 and overall experience of 23 years)

BENCHMARK

Nifty Pharma TRI


::::

11.975811.975811.118011.1180




0.25% of NAV if redeemed on or before expiry of 3 months from the date of allotment.


24

Tata India Pharma & Healthcare Fund(An open ended equity scheme investing in Pharma and Healthcare Services Sector)

86.44%

8.91%

0.00% 25.00% 50.00% 75.00% 100.00%

Pharma

Healthcare Services

70

84

98

112

126

140


Tata India Pharma And Healthcare Fund - Reg - GrowthNifty Pharma TRI



Large Cap

Mid Cap

Small Cap






Returns

Total Value of B: Nifty Commodities TRI

B: Nifty Commodities TRI


AB: Nifty 50 TRI


120,000

118,074

-3.00%

106,200

-20.85%

105,177

-22.33%

360,000

344,122

-2.92%

292,984

-12.98%

327,748

-6.03%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

530,000

540,615

0.89%

471,098

-5.22%

533,270

0.27%


NAV Movement

Issuer NameReliance Industries Ltd.Ultratech Cement Ltd.BpclH.p.c.l.Tata Steel Ltd.Torrent Power Ltd.ACC Ltd.P.i. Industries Ltd.Bayer Cropscience Ltd.Fine Organic Industries Ltd.Total

% to NAV9.598.576.625.104.834.283.743.282.992.92

51.92


57.08%

25.04%

17.89%

PORTFOLIO



% of Assets

93.75

8.573.742.731.88

2.922.822.282.171.42

4.832.391.85

2.13

2.322.251.88

1.59

67009000400

30000

46005500

1400068004000

500006000013500

50000

150002850029000

60000

2862.59

261.62114.3283.4357.47

89.1986.1169.7366.3843.47

147.6072.9356.34

64.90

70.8268.5657.28

48.69

Company name


1.04144.52

3007.1146.32

3053.43

0.034.73

98.481.52

100.00

Equity & Equity Related TotalCementUltratech Cement Ltd.ACC Ltd.Shree Cement Ltd.Ambuja Cements Ltd.ChemicalsFine Organic Industries Ltd.Navin Fluorine International Ltd.Deepak Nitrite Ltd.Aarti Industries Ltd.Basf India Ltd.Ferrous MetalsTata Steel Ltd.Jindal Steel & Power Ltd.Tata Metaliks Ltd.FertilisersChambal Fertiliser & Chemicals Ltd.GasIndraprastha Gas Ltd.Gujarat Gas Ltd.Gujarat State Petronet Ltd.Minerals/MiningNMDC Ltd.

No. of Shares


% of Assets

1.811.771.25

3.282.992.662.09

9.596.625.10

4.282.581.92

6000039000

130000

65001700

2000030000

200005900080000

4100050000

160000

55.3254.1538.22

100.0591.3781.1763.84

292.88202.25155.64

130.5678.7858.48

Non - Ferrous MetalsVedanta Ltd.Hindalco Industries Ltd.National Aluminium Co. Ltd.PesticidesPi Industries Ltd.Bayer Cropscience Ltd.Upl Ltd.Rallis India Ltd.Petroleum ProductsReliance Industries Ltd.Bharat Petroleum Corporation Ltd.Hindustan Petroleum Corporation Ltd.PowerTorrent Power Ltd.Power Grid Corporation Of India Ltd.Tata Power Company Ltd.

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

December 28, 2015

NAV

FUND SIZE

Rs. 30.53 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 28.97 (Rs. in Cr.)

TURN OVER


97.05%97.05%

EXPENSE RATIO**

DirectRegular

1.102.52



24.25-0.091.001.00

-0.61NA

21.35-0.050.840.91

-0.340.22





LOAD STRUCTURE


Exit Load :

Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Resources & Energy sectors in India.


The investment objective of the scheme is to provide long term capital appreciation by investing atleast 80% of it’s net assets in equity/equity related instruments of the companies in the Resources& Energy sectors in India.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.

FUND MANAGER

Satish Chandra Mishra (Managing Since 20-Apr-20 and overall experience of 13 years) & Rahul Singh (Managing Since 20-Apr-20 and overall experience of 23 years)

BENCHMARK

Nifty Commodities TRI


::::

14.713114.713112.485713.6260




0.25% of NAV if redeemed on or before expiry of 3 months from the date of allotment.


25

Tata Resources & Energy Fund(An open ended equity scheme investing in Resources and Energy Sector)


27.75%

16.93%

15.50%

13.14%

11.66%

8.77%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00%

Oil & Gas


Metals


Chemicals

Power

60

74

88

102

116

130


Tata Resources & Energy Fund - Reg - GrowthNifty Commodities TRI



Large Cap

Mid Cap

Small Cap


26


INVESTMENT STYLE


DATE OF ALLOTMENT

December 31, 2004

FUND MANAGER

NAV


::::

44.197123.151542.511420.1721

FUND SIZE

Rs. 376.84 (Rs. in Cr.)

TURN OVER


28.78%28.78%





LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

36660.03

1666.39

2276.532158.73

892.30

2219.74448.34

4022.66

1680.53

1363.31

708.48

1154.64547.52

1056.52409.34

2694.231668.841322.00885.35491.04

97.28

4.42

6.045.73

2.37

5.891.19

10.67

4.46

3.62

1.88

3.061.45

2.801.09

7.154.433.512.351.30

502000

5830010350

100000

1106000447000

431500

350000

81000

240000

480000277227

9700055000

307000100300250000104000180000



% of Assets




Returns

Total Value of B: S&P BSE India Infrastructure TRI

B: S&P BSE India Infrastructure TRI


AB: Nifty 50 TRI

(Inception date :31-Dec-2004) (First Installment date : 01-Feb-2005)

120,000

99,010

-31.07%

95,527

-35.85%

105,177

-22.33%

360,000

283,725

-14.93%

248,259

-22.79%

327,748

-6.03%

600,000

514,489

-6.04%

444,466

-11.73%

620,548

1.33%

840,000

845,380

0.18%

681,769

-5.94%

975,952

4.23%

1,200,000

1,359,688

2.46%

1,123,726

-1.31%

1,677,504

6.53%

1,840,000

2,675,231

4.70%

1,457,412

-0.03%

3,726,750

8.65%

Primarily focuses on equity / equity related instruments of the companies in the Infrastructure sector in India.

Abhinav Sharma (Managing Since 20-Apr-20 and overall experience of 13 years) & Rupesh Patel (Managing Since 20-Apr-20 and overall experience of 18 years)

To provide income distribution and / or medium to long term capital gains by investing predominantly in equity / equity related instruments of the companies in the infrastructure sector. The scheme does not assure or guarantee any returns.


24.51-0.191.001.00

-1.30NA

22.81-0.120.890.91

-0.890.37




NAV Movement

Issuer NameLarsen & Toubro Ltd.Astral Poly Technik Ltd.Ultratech Cement Ltd.Knr ConstructionShree Cement Ltd.Power Grid Corporation Of India Ltd.Bharti Airtel Ltd.Voltas Ltd.Aia Engineering Ltd.ICICI Bank Ltd.Total

% to NAV10.677.156.045.895.734.744.624.464.434.42

58.15

Petroleum ProductsReliance Industries Ltd.Bharat Petroleum Corporation Ltd.PowerPower Grid Corporation Of India Ltd.Torrent Power Ltd.Tata Power Company Ltd.Telecom - ServicesBharti Airtel Ltd.

110000425000

1133000320000

2000000

315000

1610.841456.90

1785.041019.04731.00

1740.69

4.273.87

4.742.701.94

4.62


650.03649.77

37309.80374.28

37684.08

1.721.72

99.001.00

100.00


55.25%

28.34%

16.41%

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.For scheme performance refer pages 49-61.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

BENCHMARK

S&P BSE India Infrastructure TRI

MONTHLY AVERAGE AUM

Rs. 365.57 (Rs. in Cr.)


1.842.55


As on 31st May 2020

Tata Infrastructure Fund(An open ended equity scheme investing in Infrastructure sector.)

Equity & Equity Related TotalBanksICICI Bank Ltd.CementUltratech Cement Ltd.Shree Cement Ltd.ChemicalsSolar Industries India Ltd.ConstructionKnr Constructions Ltd.Brigade Enterprises Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer DurablesVoltas Ltd.Consumer Non DurablesAsian Paints (India) Ltd.Ferrous MetalsTata Steel Ltd.GasGujarat Gas Ltd.Gujarat State Petronet Ltd.Industrial Capital GoodsSiemens Ltd.Abb India Ltd.Industrial ProductsAstral Poly Technik Ltd.Aia Engineering Ltd.Grindwell Norton Ltd.Timken India Ltd.Ador Welding Ltd.


22.63%18.18%

12.66%11.77%

9.38%8.08%

4.62%4.42%

2.62%2.37%

0.56%

0.00% 6.00% 12.00% 18.00% 24.00%

Industrial ManufacturingConstruction

Oil & GasCement & Cement Products

PowerConsumer Goods

TelecomFinancial Services

MetalsChemicals

Services

50

64

78

92

106

120


Tata Infrastructure Fund - Reg - GrowthS&P BSE India Infrastructure TRI



Large Cap

Mid Cap

Small Cap


27


INVESTMENT STYLE


DATE OF ALLOTMENT

January 22, 2020

FUND MANAGER

NAV


::::

7.62077.62077.55957.5595

FUND SIZE

Rs. 96.13 (Rs. in Cr.)

TURN OVER


174.06%174.06%



Rs.1000/-& in multiples of Re.1/-thereafter.

LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

9103.72

303.25

364.23330.48325.77253.60

251.44

426.14331.05276.57252.14

330.98

371.33362.61330.93271.60

261.02

389.42

343.77

94.70

3.15

3.793.443.392.64

2.62

4.433.442.882.62

3.44

3.863.773.442.83

2.72

4.05

3.58

12845

3821965377230195

429

12930

12612709731669569345

51370

430453001746889347457

55289

7245

297508



% of Assets




Returns


B: S&P BSE 200 TRI




NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

40,000

37,496

-28.20%

38,814

-14.24%

38,413

-18.69%

Primarily focuses on investing in equity and equity related instruments following quant based investing theme.

Sailesh Jain (Managing Since 28-Jan-20 and overall experience of 15 years)

The investment objective of the scheme is to generate medium to long-term capital appreciation by investing in equity and equity related instruments selected based on a quantitative model (Quant Model).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.


47.37-0.341.001.00

-4.61NA

56.29-0.381.030.99

-5.90-1.33





NAV Movement

Issuer NameBritannia Industries Ltd.Bayer Cropscience Ltd.Muthoot Finance Ltd.Motherson Sumi Systems Ltd.The New India Assurance Company Ltd.Castrol India Ltd.Cipla Ltd.Coromandel International Ltd.Amara Raja Batteries Ltd.Dabur India Ltd.Total

% to NAV4.434.053.863.793.773.583.523.443.443.44

37.32

PharmaceuticalsCipla Ltd.Torrent Pharmaceuticals Ltd.Ajanta Pharma Ltd.Syngene International Ltd.Cadila Healthcare Ltd.Divi Laboratories Ltd.Sanofi India Ltd.Abbott India Ltd.Pfizer Ltd.Alkem Laboratories Ltd.PowerTorrent Power Ltd.Nhpc Ltd.

5224213914194178223182364116503579148960959249

836471329722

338.61328.73295.91293.65283.83278.45276.75249.01246.15209.30

266.37260.63

3.523.423.083.052.952.902.882.592.562.18

2.772.71

RepoPortfolio TotalNet Current LiabilitiesNet Assets

535.319639.03

-26.039613.00

5.57100.27

-0.27100.00


32.89%

67.11%

0.00%


BENCHMARK

S&P BSE 200 TRI

MONTHLY AVERAGE AUM

Rs. 93.65 (Rs. in Cr.)


0.892.69


As on 31st May 2020

Tata Quant Fund(An Open Ended Equity Scheme following quant based investing theme)

Equity & Equity Related TotalAutoHero Motocorp Ltd.Auto AncillariesMotherson Sumi Systems Ltd.Amara Raja Batteries Ltd.Balkrishna Industries Ltd.MRF Ltd.Consumer DurablesWhirlpool Of India Ltd.Consumer Non DurablesBritannia Industries Ltd.Dabur India Ltd.Jubilant Foodworks Ltd.Kansai Nerolac Paints Ltd.FertilisersCoromandel International Ltd.FinanceMuthoot Finance Ltd.The New India Assurance Company Ltd.Max Financial Services Ltd.Shriram Transport Finance Co Ltd.GasIndraprastha Gas Ltd.PesticidesBayer Cropscience Ltd.Petroleum ProductsCastrol India Ltd.


Growth option: Rs 5,000/- and in multiple of Re.1/- thereafterDividend (payout): Rs 5,000/- and in multiple of Re.1/- thereafter

29.13%

16.41%

15.99%

13.90%

7.49%

6.29%

5.48%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00% 36.00%

Pharma

Automobile

Consumer Goods

Financial Services


Oil & Gas

Power

60

70

80

90

100

110

Jan-20 Mar-20 Apr-20 May-20

Tata Quant Fund - Reg - Growth S&P BSE 200 TRI



% to NAV

Debt InstrumentsGovernment SecuritiesGOI - 7.27% (08/04/2026)GOI - 5.79% (11/05/2030)GOI - 6.18% (04/11/2024)GOI - 7.95% (28-8-2032)GOI - 8.30% (02/07/2040)GOI - 8.13% (22/06/2045)GOI - 7.68% (15/12/2023).SDL Tamilnadu 8.14% (27/05/2025)GOI - 6.45% (07/10/2029)GOI - 7.26% (14/01/2029)SDL Maharashtra 7.33% (13/09/2027)GOI - 6.57% (05/12/2033)GOI - 7.17% (08/01/2028)

11881.255874.824003.40

906.28567.73204.08105.38

82.0653.2535.5831.4113.71

2.061.49

SOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOV

3.851.901.300.290.180.070.030.030.020.010.010.000.000.00

Market Capitalisation wise Exposure (Equity component only)

Large Cap

Mid Cap

Small Cap



28

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

October 8, 1995

FUND MANAGER

PORTFOLIO

212887.12

4488.644065.753490.80

28787.4119638.1612162.02

9547.20

5857.28

4645.23

6525.75

11796.607772.197406.46

8587.30

7934.49

28951.19

15187.108810.253164.59

14068.71

68.91

1.451.321.13

9.326.363.943.09

1.90

1.50

2.11

3.822.522.40

2.78

2.57

9.37

4.922.851.024.55


% to NAV

TrepsRepoPortfolio TotalNet Current LiabilitiesNet Assets

10022.39972.34

309095.49-148.22

308947.27

3.240.31

100.04-0.04

100.00


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Crisil Hybrid 25+75 - Aggressive IndexB: Crisil Hybrid 25+75 - Aggressive IndexTotal Value of AB: S&P BSE Sensex TRIAB: S&P BSE Sensex TRI(Inception date :08-Oct-1995) (First Installment date : 01-Feb-1996)

120,000106,729-20.08%112,093-12.14%105,023-22.56%

360,000321,201-7.30%

349,934-1.84%

334,404-4.75%

600,000572,490-1.85%

656,6513.57%

636,9522.36%

840,000934,066

3.00%1,047,777

6.23%997,918

4.86%

1,200,0001,707,765

6.87%1,803,267

7.91%1,722,892

7.04%

2,920,00023,867,840

14.69%6,641,800

11.15%16,521,239

12.33%

Invests 65% to 80% investment in Equity & equity related instruments & 20% to 35% in debt & money market instruments. For taxation purpose, it is treated as an equity scheme. (Monthly Income is not assured and is subject to availability of distributable surplus.)

The investment objective of the Scheme is to provide income distribution and or capital appreciation over medium to long term. 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.

Chandraprakash Padiyar (Managing Since 3-Sep-18 and overall experience of 18 years) (Equity) & Murthy Nagarajan (Managing since 1-Apr-17 and overall experience of 22 years) (Debt)

ASSISTANT FUND MANAGERSatish Chandra Mishra (Managing Since 1-Nov-19 and overall experience of 13 years)

Equity & Equity Related TotalAutoMaruti Suzuki India Ltd.Bajaj Auto Ltd.Mahindra & Mahindra Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.State Bank Of IndiaKotak Mahindra Bank Ltd.CementUltratech Cement Ltd.ChemicalsBasf India Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer Non DurablesITC Ltd.Varun Beverages Ltd.Hindustan Unilever Ltd.FinanceHousing Development Finance Corporation Ltd.GasGujarat State Petronet Ltd.Petroleum ProductsReliance Industries Ltd.SoftwareTata Consultancy Services Ltd.Infosys Ltd.Oracle Financials Services Soft Ltd.Other Equities^


NAV Movement

Issuer NameReliance Industries Ltd.HDFC Bank Ltd.ICICI Bank Ltd.Tata Consultancy Services Ltd.State Bank Of IndiaITC Ltd.Kotak Mahindra BankInfosys Ltd.HDFC Ltd.Gujarat State Petronet Ltd.Total

% to NAV9.379.326.364.923.943.823.092.852.782.57

49.02

Non-Convertible Debentures/Bonds/Zcb09.65 % Green Infra Wind Energy Ltd.(Part Of Sembcorp Industries Which Is Part OfTemasek Group)Tata Motors Finance Ltd. - Zcb07.55 % Rec Ltd.06.39 % Indian Oil Corp Ltd.08.90 % Bharti Telecom Ltd.07.50 % Rec Ltd.07.41 % Nabha Power Ltd.(A Larsen & Toubro Group Company)07.18 % Canara Bank09.75 % Jamnagar Utilities & Power Pvt. Ltd.(Mukesh Ambani Group)07.44 % Bank Of Baroda07.13 % Nhpc Ltd.06.90 % Rec Ltd.07.68 % Power Finance Corporation07.42 % Power Finance Corporation05.95 % Housing & Urban Development Corporation Ltd.08.25 % Bharti Telecom Ltd.06.98 % Power Finance Corporation07.95 % Sikka Ports And Terminals Ltd.(Mukesh Ambani Group)08.37 % Rec Ltd.07.40 % Power Finance Corporation07.00 % H.P.C.L.07.70 % Jamnagar Utilities & Power Pvt. Ltd.(Mukesh Ambani Group)08.55 % Talwandi Sabo Power Ltd.(Unconditional And Irrevocable Guarantee By Vedanta Ltd.)08.75 % LIC Housing Finance Ltd.Aditya Birla Finance Ltd. - Zcb07.92 % Rec Ltd.08.81 % Hdb Financial Services Ltd.07.90 % India Infradebt Ltd.09.45 % State Bank Of India08.45 % Rec Ltd.Privately Placed/Unlisted08.00 % Ongc Petro-Additions Ltd.Money Market InstrumentsTreasury Bill 364 Days (29/10/2020)

63326.786960.11

6368.906100.144606.314051.563923.953013.07

3008.172667.66

2573.142570.822515.162498.581626.501517.461516.371512.661476.77

1008.89976.35516.69501.50

485.02

407.59309.05301.88112.39100.54

78.8220.73

7539.207539.202466.402466.40

CRISIL AA

CRISIL- AA-CRISIL- AAACRISIL- AAA

CRISIL- AA+CRISIL- AAA

ICRA- AAA(CE)

IND AAACRISIL- AAA

CRISIL- AAAICRA- AAA

CRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AAACRISIL- AA+CRISIL- AAACRISIL- AAA

CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AA(SO)


CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AAA(CE)

SOVRN SOV

80000150000800000

302500059160007540000

780000

150000

427442

700000

59775001230458

360000

517650

4017464

1977000

7700001275000

127000

20.502.25

2.061.971.491.311.270.98

0.970.86

0.830.830.810.810.530.490.490.490.48

0.330.320.170.16

0.16

0.130.100.100.040.030.030.012.442.440.800.80



For scheme performance refer pages 49-61.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

86.57%

9.80%

3.62%


Rs. Lakhs% of

Assets

Tata Hybrid Equity Fund (An open ended hybrid scheme investing predominantly in equity & equity related instruments.)


NAV

Direct - GrowthDirect - DividendDirect - Monthly DividendReg - GrowthReg - DividendReg - Monthly Dividend

: 195.580259.808851.9731

183.047954.687047.6154

: : :

:

FUND SIZE

Rs. 3089.47 (Rs. in Cr.)

TURN OVERPortfolio Turnover (Total)Portfolio Turnover (Equity component only)

108.36%2.06%




Rs. 1,000/- and multiples of Re. 1/- thereafter. LOAD STRUCTURE



15.660.091.001.000.39

NA

15.23-0.100.960.97

-0.46-0.81



BENCHMARKCrisil Hybrid 25+75 - Aggressive Index

MONTHLY AVERAGE AUM

Rs. 3037.97 (Rs. in Cr.)


0.961.98


Portfolio Macaulay DurationModified DurationAverage Maturity

: 2.72 Years2.58 Years3.83 Years

6.56%

::

:* Computed on the invested amount for debt portfolio.

Gross Yield to Maturity (For Debt Component)*- Excluding Net Current Assets

25.70%11.94%

8.79%8.73%

4.89%2.11%1.90%1.72%1.50%

0.89%0.73%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00%


ITConsumer Goods


Cement & Cement ProductsIndustrial Manufacturing

ChemicalsTelecomServices

8090

100110120130


Tata Hybrid Equity Fund - Reg - GrowthCrisil Hybrid 25+75 - Aggressive Index



* Computed on the invested amount for debt portfolio.



29

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

April 27, 2000

FUND MANAGER

NAV

Monthly DividendGrowthPeriodic DividendDirect - GrowthDirect - Monthly DividendDirect - Periodic Dividend

12.596132.053215.369634.489014.205916.7848

FUND SIZE

Rs. 95.56 (Rs. in Cr.)




LOAD STRUCTURE


Exit Load :

PORTFOLIO% toNAV

Company name

Predominantly investing in equity and equity related instruments, equity arbitrage opportunities and debt and money market instruments.

The investment objective of the scheme is to provide long term capital appreciation and income distribution to the investors by predominantly investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments. 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.

Sailesh Jain (Managing Since 9-Nov-18 and overall experience of 15 years) (for equity portfolio) & Murthy Nagarajan (Managing since 1-Apr-17 and overall experience of 22 years) (for Debt Portfolio)

::::::


7.410.141.001.000.30

NA

6.76-0.090.820.88

-0.22-0.42


Growth Option: Rs 5,000/- and in multiple of Re.1/- thereafterDividend Option : Rs 5,000/- and in multiple of Re.1/- thereafter

For calculation methodology please refer Pg 61

1) Redemption/Switch-out/SWP/STP on or before expiry of 90 days from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment - NIL2) Redemption/Switch-out/SWP/STP on or before expiry of 90 days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment - 0.25%3) Redemption/Switch-out/SWP/STP after expiry of 90 days from the date of allotment - NIL(w.e.f. 03 June, 2019)



:::

:

0.53 Years0.49 Years0.60 Years

67.9835.33

0.470.43

4.173.611.160.96

0.98

1.40

1.220.800.52

2.260.610.24

1.910.660.59

0.36

0.17

0.93

3.660.05

0.85

0.530.53

2.162.12

1.96

Equity & Equity Related TotalUnhedge PositionsAutoMaruti Suzuki India Ltd.Mahindra & Mahindra Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.State Bank Of IndiaKotak Mahindra Bank Ltd.CementUltratech Cement Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer DurablesTitan Company Ltd.Voltas Ltd.Crompton Greaves Consumer Electricals Ltd.Consumer Non DurablesHindustan Unilever Ltd.Tata Consumer Products Ltd.Kansai Nerolac Paints Ltd.FinanceHousing Development Finance Corporation Ltd.ICICI Prudential Life Insurance Company Ltd.HDFC Asset Management Company Ltd.Industrial Capital GoodsAbb India Ltd.Industrial ProductsAstral Poly Technik Ltd.PesticidesUpl Ltd.Petroleum ProductsReliance Industries Ltd.Reliance Industries Ltd. (Partly Paidup) (Rights).PharmaceuticalsDivi Laboratories Ltd.PowerTorrent Power Ltd.NTPC Ltd.SoftwareInfosys Ltd.Tata Consultancy Services Ltd.Telecom - ServicesBharti Airtel Ltd.

-32.43

-5.05

-3.93

-3.27

-3.17

-3.13

-2.25

-2.06

-1.46

-1.25

-1.09

-1.05

32.655.10

3.95

3.30

3.20

3.13

2.28

2.06

1.47

1.26

1.09

1.06

Hedge PositionsHindustan Unilever Ltd.Hindustan Unilever Ltd.Housing Development Finance Corporation Ltd.Housing Development Finance Corporation Ltd.Infosys Ltd.Infosys Ltd.ICICI Bank Ltd.ICICI Bank Ltd.Adani Ports And Special Economic Zone Ltd.Adani Ports And Special Economic Zone Ltd.Wipro Ltd.Wipro Ltd.Adani Power Ltd.Adani Power Ltd.Lupin Ltd.Lupin Ltd.Upl Ltd.Upl Ltd.Century Textiles & Industries Ltd.Century Textiles & Industries Ltd.State Bank Of India.State Bank Of India.

Company name % toNAV

% to NAVDerivative

Tech Mahindra Ltd.Tech Mahindra Ltd.NMDC Ltd.NMDC Ltd.Cipla Ltd.Cipla Ltd.Tata Consultancy Services Ltd.Tata Consultancy Services Ltd.HDFC Life Insurance Co. Ltd.HDFC Life Insurance Co. Ltd.Siemens Ltd.Siemens Ltd.Sbi Life Insurance Company Ltd.Sbi Life Insurance Company Ltd.Petronet Lng Ltd.Petronet Lng Ltd.HCL Technologies Ltd.HCL Technologies Ltd.

-0.99

-0.86

-0.70

-0.67

-0.59

-0.37

-0.30

-0.16

-0.08

1.00

0.87

0.70

0.67

0.59

0.38

0.30

0.16

0.08

Name of the Instrument Ratings % toNAV

Debt InstrumentsNon-Convertible Debentures/Bonds/Zcb09.75 % Jamnagar Utilities & Power Pvt. Ltd. (Mukesh Ambani Group)08.50 % Vedanta Ltd.Edelweiss Rural & Corporate Services Ltd. - Zcb08.32 % Reliance Jio Infocomm Ltd.Jm Financial Asset Reconstruction Company Ltd. - ZcbEdelweiss Retail Finance Ltd. - Zcb08.37 % NabardMargin DepositsRbl Bank Ltd.HDFC Bank Ltd.Federal Bank Ltd.

12.045.582.811.110.860.600.550.52

14.598.373.133.09

CRISIL- AAACRISIL AACRISIL AA

CRISIL- AAACRISIL- AA-

CRISIL AACRISIL- AAA

Total stock in Portfolio 40:

BENCHMARK

NIFTY Equity Savings Index (w.e.f. Jun 3, 2019)

MONTHLY AVERAGE AUM

Rs. 115.74 (Rs. in Cr.)

TURN OVER

Portfolio Turnover (Total) Portfolio Turnover (Equity component only)

778.35%225.54%


1.192.29


Tata Equity Savings Fund (An open-ended scheme investing in equity, arbitrage and debt)


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: NIFTY Equity Savings IndexB: NIFTY Equity Savings IndexTotal Value of AB: Nifty 50 TRIAB: Nifty 50 TRI(Inception date :27-Apr-2000) (First Installment date : 01-May-2000)

120,000116,181-5.92%

118,833-1.82%

105,177-22.33%

360,000360,449

0.08%379,595

3.49%327,748-6.03%

600,000634,577

2.22%691,451

5.63%620,548

1.33%

840,000946,765

3.38%1,063,349

6.64%975,757

4.23%

1,200,0001,507,388

4.47%1,769,658

7.55%1,676,690

6.52%

2,410,0004,401,597

5.63%3,453,795

7.98%9,337,528

12.04%

For scheme performance refer pages 49-61.*B: Benchmark; AB: Additional BenchmarkSource: MFI Explorer


7.82%


3.2997.902.10

100.00


% to NAVDerivative


Large Cap

Mid Cap

Small Cap



NAV Movement

Issuer NameHDFC Bank Ltd.Reliance Industries Ltd.ICICI Bank Ltd.Hindustan Unilever Ltd.Infosys Ltd.Tata Consultancy Services Ltd.Bharti Airtel Ltd.Housing Development Finance Corporation Ltd.Larsen & Toubro Ltd.Titan Company Ltd.Total

% to NAV4.173.663.612.262.162.121.961.911.401.22

24.47

92.52%

7.48%

0.00%

22.18%11.61%

10.76%3.87%

3.13%3.12%3.02%

2.19%1.96%

1.40%1.09%0.98%0.91%0.90%0.87%

0.00% 6.00% 12.00% 18.00% 24.00%


Consumer GoodsOil & GasServices

PowerPharma

Fertilisers & PesticidesTelecom

ConstructionPaper


AutomobileMetals

9098

106114122130


Tata Equity Savings Fund - Reg - Mthly DividendNIFTY Equity Savings Index


% toNAV

Company name

71.1159.13

3.713.211.80

2.42

1.19

1.12

1.10

3.511.491.24

1.22

1.44

5.421.50

1.78

1.551.291.05

2.121.60

3.50

1.0814.77

Equity & Equity Related TotalUnhedge PositionsBanksHDFC Bank Ltd.ICICI Bank Ltd.State Bank Of IndiaCementUltratech Cement Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer DurablesCrompton Greaves Consumer Electricals Ltd.Consumer Non DurablesTata Consumer Products Ltd.FinanceHousing Development Finance Corporation Ltd.ICICI Prudential Life Insurance Company Ltd.ICICI Lombard General Insurance Co. Ltd.GasGujarat State Petronet Ltd.PesticidesPI Industries Ltd.Petroleum ProductsReliance Industries Ltd.Bharat Petroleum Corporation Ltd.PharmaceuticalsDr Reddys Laboratories Ltd.PowerPower Grid Corporation Of India Ltd.NTPC Ltd.Torrent Power Ltd.SoftwareInfosys Ltd.Tata Consultancy Services Ltd.Telecom - ServicesBharti Airtel Ltd.TransportationContainer Corporation Of India Ltd.Other Equities^


% to NAVDerivative

Bharat Petroleum Corporation Ltd.Bharat Petroleum Corporation Ltd.FuturePetronet Lng Ltd.Petronet Lng Ltd.FutureIndian Oil Corporation Ltd.Indian Oil Corporation Ltd.FutureAdani Power Ltd.Adani Power Ltd.FutureBharat Electronics Ltd.Bharat Electronics Ltd.FutureCipla Ltd.Cipla Ltd.Future

-0.12

-0.08

-0.08

-0.06

-0.05

-0.01

0.12

0.08

0.08

0.06

0.05

0.02

-11.90

-1.56

-1.14

-1.06

-0.87

-0.63

-0.60

-0.54

-0.50

-0.48

-0.48

-0.46

-0.44

-0.35

-0.29

-0.28

-0.27

-0.27

-0.26

-0.24

-0.22

-0.21

-0.16

-0.16

11.991.58

1.15

1.07

0.88

0.63

0.60

0.54

0.51

0.49

0.48

0.47

0.44

0.36

0.29

0.28

0.28

0.28

0.26

0.24

0.22

0.21

0.16

0.16

Hedge PositionsICICI Bank Ltd.ICICI Bank Ltd.- FutureInfosys Ltd.Infosys Ltd.- FutureVedanta Ltd.Vedanta Ltd.- FutureTech Mahindra Ltd.Tech Mahindra Ltd.- FutureNMDC Ltd.NMDC Ltd.- FutureAxis Bank Ltd.Axis Bank Ltd.- FutureNTPC Ltd.NTPC Ltd.- FutureHindustan Unilever Ltd.Hindustan Unilever Ltd.- FutureWipro Ltd.Wipro Ltd.- FutureBharti Airtel Ltd.Bharti Airtel Ltd.- FutureUpl Ltd.Upl Ltd.- FutureSbi Life Insurance Company Ltd.Sbi Life Insurance Company Ltd.- FutureGrasim Industries Ltd.Grasim Industries Ltd.- FutureAdani Ports And Special Economic Zone Ltd.Adani Ports And Special Economic Zone Ltd.- FutureState Bank Of IndiaState Bank Of India.FutureGodrej Consumer Products Ltd.Godrej Consumer Products Ltd.FutureHDFC Life Insurance Co. Ltd.HDFC Life Insurance Co. Ltd.FutureSiemens Ltd.Siemens Ltd.FutureCentury Textiles & Industries Ltd.Century Textiles & Industries Ltd.FutureRec Ltd.Rec Ltd.FutureLupin Ltd.Lupin Ltd.FuturePower Finance Corporation Ltd.Power Finance Corporation Ltd.FutureUltratech Cement Ltd.Ultratech Cement Ltd.Future


% to NAVDerivative


30

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENTJanuary 28,2019

FUND MANAGER

PORTFOLIO

Dynamically investing in equity and equity related instruments, equity arbitrage opportunities and debt and money market instruments.

The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments. 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.

Rahul Singh (Managing Since 09-Jan-19 and overall experience of 23 years), Sailesh Jain (Managing Since 09-Jan-19 and overall experience of 15 years), Akhil Mittal (Managing Since 09-Jan-19 and overall experience of 17 years)

Tata Balanced Advantage Fund(An open ended dynamic asset allocation fund.)


NAVDirect - DividendDirect - GrowthRegular - DividendRegular - Growth

10.456810.456810.198610.1986

::::

FUND SIZERs. 992.84 (Rs. in Cr.)


527.97%138.40%



ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORSRs. 1,000/- and in multiples of Re. 1/- thereafter.

LOAD STRUCTURE


Exit Load :


13.59-0.081.001.00

-0.33NA

14.62-0.030.830.96

-0.170.13


1) Redemption/Switch-out/SWP/STP on orbefore expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment - NIL. 2) Redemption/Switch-out/SWP/STP on or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment - 1%.3) Redemption / Switch-out/SWP/STP after expiry of 365 days from the date of allotment - NIL. (w.e.f. 03 June, 2019)

BENCHMARKCRISIL Hybrid 35+65 - Aggressive Index

MONTHLY AVERAGE AUMRs. 971.82 (Rs. in Cr.)


0.872.26



Total stock in Portfolio


4.20%

59

::

:* Computed on the invested amount for debt portfolio.


Debt InstrumentsGovernment SecuritiesGOI - 5.79% (11/05/2030)GOI - 6.97% (06/09/2026)Non-Convertible Debentures/Bonds06.90 % Rec Ltd.06.80 % Rec Ltd.09.05 % Power Finance Corporation08.64 % Power Grid Corporation Of India Ltd.08.37 % Nabard07.13 % Nhpc Ltd.08.70 % Power Finance Corporation09.11 % LIC Housing Finance Ltd.06.59 % Indian Railways Finance Corporation Ltd.08.50 % Nabard07.55 % Rec Ltd.06.43 % Chennai Petroleum Corporation Ltd.07.00 % HDFC Ltd.07.65 % Jamnagar Utilities & Power Pvt. Ltd.(Mukesh Ambani Group)08.20 % HDFC Ltd.07.65 % Indian Railways Finance Corporation Ltd.07.47 % Power Finance Corporation08.75 % HDFC Ltd.07.18 % Rec Ltd.07.73 % Power Finance CorporationMoney Market InstrumentsHDFC Ltd. - CPMargin DepositsHDFC Bank Ltd.Rbl Bank Ltd.Karnataka Bank Ltd.Federal Bank Ltd.


2.051.510.54

16.212.632.511.541.521.521.040.810.710.630.540.510.510.510.51

0.310.130.110.100.050.020.980.986.743.220.760.961.81

SOVSOV


ICRA- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- A1+


0.7697.85

2.15100.00

^Exposure less than 1% has been clubbed under Other EquitiesThe Scheme has unhedged Future exposure to Nifty 50. Please refer to Monthly Portfolio as on 31st May 2020 on our website:www.tatamutualfund.com

www.tatamutualfund.com TATA MUTUAL FUNDMutual Fund investments are subject to market risks, read all scheme related documents carefully 31

Tata Balanced Advantage Fund(An open ended dynamic asset allocation fund.)





Returns

Total Value of B: CRISIL Hybrid 35+65 - Aggressive Index

B: CRISIL Hybrid 35+65 - Aggressive Index




120,000

117,827

-3.39%

114,489

-8.51%

105,023

-22.56%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

160,000

158,094

-1.70%

153,506

-5.79%

140,053

-17.66%

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly

investment of equal amounts invested on the 1st day of every month has been considered.

For scheme performance refer pages 49-61.

*B: Benchmark

Source: MFI Explorer



V


NAV Movement

Large Cap

Mid Cap

Small Cap

Issuer Name


HDFC Bank Ltd.


Bharti Airtel Ltd.

ICICI Bank Ltd.


Infosys Ltd.

State Bank Of India



Total

% to NAV

5.42

3.71

3.51

3.50

3.21

2.42

2.12

1.80

1.78

1.60

29.06

82.50%

17.50%

0.00%

19.32%9.34%

7.20%6.89%

5.07%4.69%

3.98%2.94%2.78%2.57%

1.69%1.37%1.19%1.15%

0.69%0.24%

0.00% 4.00% 8.00% 12.00% 16.00% 20.00% 24.00%


ITConsumer Goods

PowerPharma

TelecomCement & Cement Products

Fertilisers & PesticidesAutomobile

MetalsServices

ConstructionIndustrial Manufacturing

Healthcare ServicesPaper

80

88

96

104

112

120

Jan-19 Jul-19 Dec-19 May-20

Tata Balanced Advantage Fund - Reg - Growth CRISIL Hybrid 35+65 - Aggressive Index

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49-61.*B: BenchmarkSource: MFI Explorer

Hedge PositionsHindustan Unilever Ltd.ICICI Bank Ltd.Bharti Airtel Ltd.Infosys Ltd.Tata Motors Ltd.HCL Technologies Ltd.Tech Mahindra Ltd.Dr Reddys Laboratories Ltd.Lupin Ltd.ITC Ltd.Colgate-Palmolive India Ltd.Sun Pharmaceutical Industries Ltd.Bajaj Auto Ltd.Divi Laboratories Ltd.Vedanta Ltd.Siemens Ltd.Grasim Industries Ltd.Adani Ports And Special Economic Zone Ltd.Coal India Ltd.Container Corporation Of India Ltd.Sbi Life Insurance Company Ltd.Reliance Industries Ltd.State Bank Of IndiaAxis Bank Ltd.Srf Ltd.Power Grid Corporation Of India Ltd.Upl Ltd.Jsw Steel Ltd.NMDC Ltd.Cadila Healthcare Ltd.ACC Ltd.Godrej Consumer Products Ltd.Tata Consultancy Services Ltd.Mahanagar Gas Ltd.Glenmark Pharmaceuticals Ltd.Federal Bank Ltd.Housing Development Finance Corporation Ltd.Dlf Ltd.Nestle India Ltd.Petronet Lng Ltd.Muthoot Finance Ltd.Hindustan Petroleum Corporation Ltd.Wipro Ltd.NTPC Ltd.United Spirits Ltd.Bharat Forge Ltd.Dabur India Ltd.Berger Paints India Ltd.Pidilite Industries Ltd.Amara Raja Batteries Ltd.United Breweries Ltd.Manappuram Finance Ltd.Sun Tv Network Ltd.Cipla Ltd.Aurobindo Pharma Ltd.Rec Ltd.Bosch Ltd.Power Finance Corporation Ltd.Century Textiles & Industries Ltd.National Aluminium Co. Ltd.Adani Enterprises Ltd.Mahindra & Mahindra Ltd.Voltas Ltd.HDFC Life Insurance Co. Ltd.


-64.92-2.78-2.61-2.45-1.87-1.84-1.72-1.68-1.65-1.62-1.52-1.50-1.52-1.45-1.35-1.34-1.34-1.31-1.27-1.23-1.23-1.23-1.07-1.07-1.06-0.98-0.96-0.93-0.92-0.92-0.89-0.84-0.81-0.82-0.81-0.81-0.72-0.72-0.69-0.67-0.66-0.65-0.62-0.61-0.59-0.58-0.55-0.56-0.55-0.52-0.52-0.52-0.51-0.46-0.43-0.42-0.40-0.37-0.37-0.36-0.33-0.31-0.30-0.29-0.28

65.472.802.642.461.891.861.731.691.671.641.561.551.531.461.361.351.351.331.281.241.241.241.081.081.070.990.970.930.930.930.890.840.820.820.820.810.730.720.700.680.670.650.630.610.590.580.570.560.560.520.520.520.510.460.430.420.400.370.370.360.330.310.300.290.29

-0.25-0.25-0.22-0.22-0.21-0.18-0.17-0.17-0.16-0.15-0.14-0.12-0.12-0.11-0.09-0.08-0.08-0.05-0.03-0.03-0.02-0.02-0.02-0.02-0.010.000.000.00

0.260.250.220.220.210.180.170.170.160.150.140.130.120.110.090.080.080.060.030.030.030.020.020.020.020.000.000.00

Ultratech Cement Ltd.Canara BankIndian Oil Corporation Ltd.Adani Power Ltd.ICICI Prudential Life Insurance Company Ltd.Gmr Infrastucture Ltd.Titan Company Ltd.Havells India Ltd.Tata Steel Ltd.Britannia Industries Ltd.Bajaj Finserv Ltd.Exide Industries Ltd.Marico Ltd.Max Financial Services Ltd.Bajaj Finance Ltd.Mindtree Ltd.Apollo Tyres Ltd.Info Edge (India) Ltd.Bharat Electronics Ltd.Bharat Petroleum Corporation Ltd.Cummins India Ltd.Godrej Properties Ltd.Shriram Transport Finance Co Ltd.MRF Ltd.Hindalco Industries Ltd.Maruti Suzuki India Ltd.Ambuja Cements Ltd.Bharat Heavy Electricals Ltd.


% to NAVDerivative


% to NAVDerivative


7.84101.18

-1.18100.00


Debt InstrumentsNon-Convertible Debentures/Bonds07.00 % HDFC Ltd.07.61 % Housing & Urban Development Corporation Ltd.08.60 % LIC Housing Finance Ltd.08.20 % HDFC Ltd.06.99 % Rec Ltd.07.62 % Housing & Urban Development Corporation Ltd.07.40 % Power Finance Corporation06.32 % Rec Ltd.08.75 % LIC Housing Finance Ltd.08.50 % Rec Ltd.08.45 % Sikka Ports And Terminals Ltd. (Mukesh Ambani Group)07.24 % LIC Housing Finance Ltd.07.90 % India Infradebt Ltd.Money Market InstrumentsICICI Bank Ltd. - CDNABARD - CDMargin DepositsAxis BankHDFC Bank Ltd.Rbl Bank Ltd.Au Small Finance Bank Ltd.Federal Bank Ltd.

8.581.250.960.950.950.940.640.630.620.380.320.320.310.310.920.610.31

18.380.197.470.993.276.46



ICRA- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- A1+CRISIL- A1+


Large Cap

Mid Cap

Small Cap



32

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENTDecember 18,2018

FUND MANAGER

PORTFOLIO


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Nifty 50 Arbitrage IndexB: Nifty 50 Arbitrage IndexTotal Value of AB: Nifty 50 TRIAB: Nifty 50 TRI(Inception date :18-Dec-2018) (First Installment date : 01-Jan-2019)

120,000124,757

7.53%122,829

4.46%105,177-22.33%

NANANANANANANA

NANANANANANANA

NANANANANANANA

NANANANANANANA

170,000179,209

7.31%176,434

5.11%148,631-16.90%

The scheme invests in equity and equity related instruments that tries to take advantage of the difference in prices of a security in the cash segment and derivatives segment by turning market volatility to its advantage.

The investment objective of the Scheme is to seek to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Sailesh Jain (Managing Since 10-Dec-18 and overall experience of 15 years)

V


NAV Movement

Issuer NameHindustan Unilever Ltd.ICICI Bank Ltd.Bharti Airtel Ltd.Infosys Ltd.Tata Motors Ltd.HCL Technologies Ltd.Tech Mahindra Ltd.Dr Reddys Laboratories Ltd.Lupin Ltd.ITC Ltd.Total

% to NAV2.802.642.461.891.861.731.691.671.641.56

19.93

86.61%

12.33%

1.05%

Tata Arbitrage Fund(An open ended scheme investing in arbitrage opportunities.)


NAVDirect - GrowthDirect - Monthly DividendRegular - GrowthRegular - Monthly Dividend

11.139910.656611.019310.5376

::::


TURN OVERPortfolio Turnover (Total) Portfolio Turnover (Equity component only)

2211.14%730.33%



ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORSRs. 1,000/- and in multiples of Re. 1/- thereafter.

LOAD STRUCTURE


Exit Load :


0.680.751.001.000.15

NA

0.731.130.250.070.940.20



0.25 % of the applicable NAV, if redeemed/switched out/withdrawn on or before expiry of 30 Days from the date of allotment.

BENCHMARKNifty 50 Arbitrage Index



0.381.13


Total stock in Portfolio 92

10.55%10.51%

8.75%6.89%

4.95%4.74%

3.45%2.96%

2.82%2.46%2.43%

1.77%0.93%0.91%

0.52%0.46%0.36%

0.00% 4.00% 8.00% 12.00%

Consumer GoodsFinancial Services

PharmaIT

MetalsAutomobile

Oil & GasIndustrial Manufacturing

ServicesTelecom


Fertilisers & PesticidesConstruction

ChemicalsMedia & Entertainment

Paper

100104108112116120

Dec-18 Jun-19 Dec-19 May-20

Tata Arbitrage Fund - Reg - Growth Nifty 50 Arbitrage Index


Large Cap

Mid Cap

Small Cap



Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: 65% S&P BSE 200 + 15% CRISILShort Term Bond Fund Index + 20% iCOMDEX Composite IndexB: 65% S&P BSE 200 + 15% CRISIL Short TermBond Fund Index + 20% iCOMDEX Composite Index(Inception date: 12-Mar-2020) (First Installment date: 01-Apr-2020)

NANANANA

NA

NANANANA

NA

NANANANA

NA

NANANANA

NA

NANANANA

NA

NANANANA

NA

V


NAV Movement

Issuer NameReliance Industries Ltd.Bharti Airtel Ltd.HDFC Bank Ltd.ICICI Bank Ltd.Infosys Ltd.HDFC Ltd.Bayer Cropscience Ltd.Ultratech Cement Ltd.Power Grid Corporation Of India Ltd.Dr. Reddys Labaratories Ltd.Total

% to NAV6.004.184.003.903.403.072.322.171.751.75

32.54


75.07%

21.50%

3.42%


% ofAssets

No. ofShares


Company name

2390

153000427000273000

20200

30633

48000

210000

2620023000

121000

6740043000

130000

263500

37712

15700

147500166000

1565087000

200000403500520000

1050000

179000

274800

108000

23956.51

395.51

1456.021417.43440.35

788.78

479.59

447.48

471.14

492.27473.19443.95

1118.10559.30511.03

520.41

511.73

843.87

2159.99569.05

637.15412.60

636.90635.71508.82383.78

1236.89

1518.54

406.193480.74

65.88

1.09

4.003.901.21

2.17

1.32

1.23

1.30

1.351.301.22

3.071.541.41

1.43

1.41

2.32

5.941.56

1.751.13

1.751.751.401.06

3.40

4.18

1.129.57

Equity & Equity Related TotalAutoEicher Motors Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.State Bank Of IndiaCementUltratech Cement Ltd.ChemicalsNavin Fluorine International Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer DurablesCrompton Greaves Consumer Electricals Ltd.Consumer Non DurablesAkzo Nobel India Ltd.Hindustan Unilever Ltd.Tata Consumer Products Ltd.FinanceHousing Development Finance Corporation Ltd.ICICI Lombard General Insurance Co. Ltd.ICICI Prudential Life Insurance Company Ltd.GasGujarat State Petronet Ltd.Healthcare ServicesApollo Hospitals Enterprise Ltd.PesticidesBayer Cropscience Ltd.Petroleum ProductsReliance Industries Ltd.Bharat Petroleum Corporation Ltd.PharmaceuticalsDr Reddys Laboratories Ltd.Sun Pharmaceutical Industries Ltd.PowerTorrent Power Ltd.Power Grid Corporation Of India Ltd.NTPC Ltd.Tata Power Company Ltd.SoftwareInfosys Ltd.Telecom - ServicesBharti Airtel Ltd.TransportationContainer Corporation Of India Ltd.Other Equities^


% to NAVDerivative

Commodity & Exchange Traded Commodity DerivativesCommodities PhysicalCopper Bhiwandi Thane (1 Mt - 1000 Kgs) CommodityNickel (250 Kgs) CommodityListed On Commodity Exchanges (Quantity In Lots)Copper (1 Mt-1000 Kgs) Commodity June 2020 FutureGold (1 Kg-1000 Gms) Commodity August 2020 FutureGold (1 Kg-1000 Gms) Commodity October 2020 FutureGold Mini (100 Grams) Commodity August 2020 FutureGold Mini (100 Grams) Commodity July 2020 FutureNickel (250 Kgs) Commodity June 2020 FutureRape Mustard Seed Jaipur (10 Mt -100 Qtls)Commodity July 2020 FutureRape Mustard Seed Jaipur (10 Mt -100 Qtls)Commodity June 2020 FutureSilver (30 Kg) Commodity July 2020 FutureSilver (30 Kg) Commodity September 2020 Future

-0.37-0.39

-0.39

-4.07

-0.25

-1.00

6.44

0.364.07

0.39

0.39

0.24

0.99


33

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENTMarch 12,2020

FUND MANAGER

PORTFOLIO

Fund invests in a mix of equity and equity related instruments, Fixed Income and Commodities & Exchange traded Commodity derivatives.

The investment objective of the scheme is to generate long term capital appreciation. 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.

Rahul Singh (Equity) (Managing Since 12-Mar-20 and overall experience of 23 years), Sailesh Jain (Equity Arbitrage) (Managing Since 12-Mar-20 and overall experience of 15 years), Murthy Nagarajan (Fixed Income) (Managing Since 12-Mar-20 and overall experience of 23 years) and Aurobinda Prasad Gayan (Commodities) (Managing Since 12-Mar-20 and overall experience of 14 years)

Tata Multi Asset Opportunities Fund(An Open Ended Scheme investing in equity, debt & exchange traded commodity derivatives)



9.77189.77189.72129.7212

::::



120.22%23.54%


Growth option: Rs 5,000/- and in multiple of Re.1/- thereafterDividend (payout): Rs 5,000/- and in multiple of Re.1/- thereafter

ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORSRs.1000/-& in multiples of Re.1/-thereafter.

LOAD STRUCTURE


Exit Load :


NANANANANANA

NANANANANANA


• Exit Load is Nil, if the withdrawal amount or switched out amount is not more than 12% of the original cost of investment on or before expiry of 365 days from the date of allotment.

• Exit load is 1% of the applicable NAV if the withdrawal amount or switched out amount is more than 12% of the original cost ofinvestment on or before expiry of 365 days from the date ofallotment.

• No Exit load will be charged for redemption or switch out after expiry of 365 days from the date of allotment

BENCHMARK65% S&P BSE 200 TRI + 15% CRISIL Short Term Bond Fund Index + 20% iCOMDEX Composite Index



0.902.46


Debt InstrumentsGovernment SecuritiesGOI - 7.27% (08/04/2026)Non-Convertible Debentures/Bonds06.39 % Indian Oil Corp Ltd.Fixed Deposits (Not Exceeding 91 Days)HDFC Bank Ltd.


1942.411942.411023.631023.631335.001335.00

% toNAV

5.345.342.812.813.673.67

SOV

CRISIL- AAA

TrepsRepoPortfolio TotalNet Current LiabilitiesNet Assets

20.620.26

105.03-5.03

100.00

^Exposure less than 1% has been clubbed under Other Equities

16.58%8.99%

6.00%5.95%

4.47%4.35%4.18%

3.61%3.28%

2.59%2.32%

2.05%1.61%1.41%1.23%

0.86%

0.00% 4.00% 8.00% 12.00% 16.00% 20.00%


Consumer GoodsPower

PharmaIT

TelecomNot MappedAutomobile

Cement & Cement ProductsFertilisers & Pesticides

ServicesChemicals

Healthcare ServicesConstruction

Industrial Manufacturing

80

90

100

110

Mar-20 Mar-20 Apr-20 May-20 May-20

Tata Multi Asset Opportunities Fund - Reg - Growth



34

As on 31st May 2020

INVESTMENT STYLE



:::

:


Gross Yield to Maturity (For Debt Component)*- Excluding Net Current Assets 6.30%





LOAD STRUCTURE


Exit Load :

PORTFOLIO

Name of the Instrument

7048.717036.46

12.2513184.04

2506.15

2486.702440.881550.76

1541.861002.72536.47514.63502.2591.2210.40

2513.072513.07

26.3826.340.05

49.359.38

9.319.145.80

5.773.752.011.931.880.340.049.419.41

SOVSOV

CRISIL- AAA


ICRA- AAAIND AAA


ICRA- AAA(CE)

Name of the Instrument RatingsRs. Lakhs

% to NAV

Repo

Portfolio Total


Net Assets

675.89

23421.72

3296.12

26717.84

2.53

87.66

12.34

100.00





Returns

Total Value of B: CRISIL Composite Bond Fund Index

B: CRISIL Composite Bond Fund Index

Total Value of AB: CRISIL 10 Year Gilt Index

AB: CRISIL 10 Year Gilt Index


120,000

125,915

9.40%

128,567

13.70%

128,015

12.80%

360,000

402,885

7.48%

423,563

10.90%

422,608

10.74%

600,000

716,851

7.07%

762,942

9.57%

750,061

8.89%

840,000

1,097,487

7.53%

1,179,585

9.56%

1,146,680

8.76%

1,200,000

1,815,156

8.03%

1,932,135

9.22%

1,830,192

8.19%

2,000,000

3,873,436

7.45%

4,149,414

8.19%

3,791,992

7.23%

[ICRA]AAA mfs rating by ICRA$

Aims to create a liquid portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity.

To provide reasonable returns and high level of liquidity by investing in debt instruments including bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, as permitted by regulation so as to spread the risk across different kinds of issuers in the debt markets. The investment objective is to create a liquid portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unitholders.

Std. Dev (Annualised)Portfolio BetaR SquaredTreynorJenson

3.231.001.000.34

NA

2.480.670.790.24

-0.06




0.50% of NAV if redeemed on or before expiry of 30 days from the date of allotment (w.e.f 15th November, 2017).

Debt InstrumentsGovernment SecuritiesGOI - 6.19% (16/09/2034)GOI - 7.37% (16/04/2023)Non-Convertible Debentures/Bonds07.60 % Jamnagar Utilities & PowerPvt. Ltd. (Mukesh Ambani Group)06.99 % Rec Ltd.07.40 % Power Finance Corporation07.35 % National HighwaysAuthority Of India07.13 % Nhpc Ltd.07.18 % Canara Bank08.70 % LIC Housing Finance Ltd.07.44 % Bank Of Baroda07.10 % Bajaj Finance Ltd.07.10 % Power Finance Corporation09.25 % India Infradebt Ltd.Privately Placed/Unlisted08.00 % Ongc Petro-Additions Ltd.

Market ValueRatingsRs. Lakhs

% to NAV

Market Value

Maturity Ladder

Composition by Ratings Instrument Wise Composition

NAV Movement


DATE OF ALLOTMENT

September 03,2003

FUND MANAGER

NAV


33.183719.701630.775817.7406

FUND SIZE

Rs. 267.18 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 268.67 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

Akhil Mittal (Managing Since 26-Jun-14 and overall experience of 18 years)

BENCHMARK

CRISIL Composite Bond Fund Index

0.161.41

::::


Tata Dynamic Bond Fund(An open ended dynamic debt scheme investing across duration)


49.35%

26.38%

14.86%

9.41%

A1+ / AAA

SOV

Cash & Cash Equivalents

AAA(CE)

58.75%26.38%

14.87%

Ncd - Non Convertible Deb

Government Securities


11.94%

11.65%

13.19%

24.55%

26.34%

12.34%

10.00% 20.00% 30.00%

0 - 1 Yrs

1 - 3 Yrs

3 - 7 Yrs

7 - 10 Yrs

Abv 10 Yrs

Cash & Others

100

106

112

118

124

130


Tata Dynamic Bond Fund - Reg - GrowthCRISIL Composite Bond Fund Index


MAIN PORTFOLIO


% to NAV

Market Value Name of the Instrument RatingsRs. Lakhs

% to NAV

Market Value

Debt InstrumentsGovernment SecuritiesGOI - 7.59% (11/01/2026)GOI - 7.57% (17/06/2033)Non-Convertible Debentures/Bonds07.97 % LIC Housing Finance Ltd.07.42 % Power Finance Corporation06.90 % Rec Ltd.07.90 % India Infradebt Ltd.08.00 % Ongc Petro-Additions Ltd.09.65 % Green Infra Wind Energy Ltd.(Part Of Sembcorp Industries WhichIs Part Of Temasek Group)08.35 % Indian Railways FinanceCorporation Ltd.06.09 % Housing & UrbanDevelopment Corporation Ltd.Privately Placed/Unlisted08.30 % Sbi Cards & PaymentServices Ltd.

SOVSOV


ICRA- AAA(CE)CRISIL AA

CRISIL- AAA

ICRA- AAA

CRISIL- AAA

877.54543.96333.58

3107.30411.52406.62402.43402.15402.06392.12

385.87

304.53

404.40404.40

18.4311.437.01

65.268.648.548.458.458.448.24

8.10

6.40

8.498.49


222.394611.63149.50

4761.13

4.6796.863.14

100.00

Portfolio TotalCash / Net Current AssetNet Assets

150.000.00

150.00

100.000.00

100.00

SEGREGATED PORTFOLIO (No. 1)


% to NAV


% to NAV

Market Value

Debt InstrumentsNon-convertible Debentures/bonds08.90 % Dewan Housing FinCorporation Ltd. $$

CARE- D150.00150.00

100.00100.00

Main PortfolioSegregated Portfolio

Rs. 48.18 (Rs. in Cr.)Rs. 1.61 (Rs. in Cr.)

::



::

NANA

Segregated Portfolio0.381.38

Main Portfolio

Segregated PortfolioMain Portfolio

(Below information is applicable for the Main Portfolio)



2.551.001.000.33

NA

9.160.640.35

-0.36-0.44

35

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

November 11,2002

FUND MANAGER

NAV

Direct - GrowthDirect - BonusReg - GrowthReg - Dividend

0.83730.38310.78530.3582

28.478113.041326.475212.0584





LOAD STRUCTURE


The aim of the Fund Manager is to identify and allocate the assets of the scheme between various fixed income securities with the objective of generate reasonable returns at moderate risk. The security will be identified based on various parameters such as issuer's credit rating history, financial track record of the issuer, corporate governance track record of the issuer, liquidity of the security, maturity of the security, interest rate scenario etc. Depending upon prevailing market conditions & interest rate scenario, the portfolio duration and average maturity can be increased or decreased within the range of three to seven years. In case of a rising interest rate environment the duration/average maturity of the fund may be reduced whereas in a falling interest rate scenario the holding in medium/long securities may be maximized.

The investment objective of the scheme is to generate income and capital appreciation over a medium term. However, there can be no assurance that the investment objective of the scheme will be realized.

Abhishek Sonthalia (Managing Since 06-Feb-20 and overall experience of 11 years) & Murthy Nagarajan (Managing Since 1-Apr-17 and overall experience of 22 years)

FUND SIZE



1) On or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is not more than 12% of the original cost of investment: NIL2) On or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment: 1%3) Redemption after expiry of 365 days from the date of allotment: NIL (w.e.f 5th November, 2018) Maturity Ladder - Main Portfolio

Composition by Ratings - Main Portfolio Instrument Wise Composition - Main Portfolio

NAV Movement - Main Portfolio


:

:



::

BENCHMARK

Crisil Medium Term Debt Index

MONTHLY AVERAGE AUM

EXPENSE RATIO**

DirectRegular**Note: The rates specified are actual month end expenses charged as on May 31, 2020. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-30 cities assets, wherever applicable.

Tata Medium Term Fund(An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years.)

Not Applicable for Segregated PortfolioPlease refer to our Tata Mutual Fund website for fundamental changes, wherever applicable

*Computed on the invested amount for debt portfolio.

(Number of Segregated portfolios in the scheme 1)

$$ - The long term rating of Dewan Housing Finance Corporation Ltd.(DHFL) has been downgraded to Default category . The securities of DHFL has been valued in accordance with the price provided by the valuation agencies. A segregated portfolio had been created post approval of Trustees. Net Current Assets include receivables due from DHFL.

57.08%

18.43%

8.44%

8.24%7.81%

A1+ / AAA

SOV

AAA(CE)

AA+ / AA

Cash & Cash Equivalents73.76%

18.43%

7.81%




4.67%

25.39%

43.04%

16.75%

7.01%

3.14%

0.00% 10.00% 20.00% 30.00% 40.00% 50.00%

0 - 1 Yrs

1 - 3 Yrs

3 - 7 Yrs

7 - 10 Yrs

Abv 10 Yrs

Cash & Others

90

98

106

114

122

130


Tata Medium Term Fund - Reg - GrowthCrisil Medium Term Debt Index



36

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

April 28, 1997

FUND MANAGER

NAVDirect - GrowthDirect - Half Yearly DividendDir- DividendReg - GrowthReg - Half Yearly DividendReg- Dividend

::::::

65.737015.339337.422461.748814.240635.8506

FUND SIZE

Rs. 52.64 (Rs. in Cr.)




LOAD STRUCTURE

Entry Load ::

Not ApplicableExit Load

PORTFOLIO


621.73539.5679.952.22

3632.51557.43

539.59522.42516.92

514.63492.21321.88167.43

505.51505.51

11.8110.251.520.04

69.0010.59

10.259.929.82

9.789.356.113.18

9.609.60


% to NAV

Repo

Portfolio Total


Net Assets

222.39

4982.14

282.25

5264.39

4.23

94.64

5.36

100.00





Returns

Total Value of B: Crisil Medium to Long Term Debt Index

B: Crisil Medium to Long Term Debt Index



(Inception date :28-Apr-1997) (First Installment date : 01-Aug-1997)

120,000

127,126

11.36%

129,103

14.57%

128,015

12.80%

360,000

409,073

8.52%

424,913

11.12%

422,608

10.74%

2,740,000

6,874,442

7.35%

8,981,898

9.32%

4,597,061

7.11%

1,200,000

1,810,143

7.98%

1,954,651

9.44%

1,830,192

8.19%

840,000

1,105,186

7.73%

1,186,056

9.71%

1,146,680

8.76%

600,000

725,510

7.55%

765,906

9.73%

750,061

8.89%

An income scheme with exposure to rated debt instruments with medium to long term maturity.

The investment objective of the Scheme is to provide income distribution/capital appreciation over medium to long term.

Akhil Mittal (Managing Since 26-Jun-14 and overall experience of 18 years)

Half Yearly Dividend Plan, Periodic Dividend Plan, Growth Plan, Bonus Plan: Rs. 5,000/- and in multiples of Re. 1/- thereafter. Quarterly Dividend Plan: Rs. 10,000/- and in multiples of Re. 1/- thereafter.


3.351.001.000.34

NA

2.870.820.900.24

-0.08


1% if redeemed before expiry of 365 days from the date of allotment(w.e.f. 1st July, 2014)


% to NAV

Market Value

Debt InstrumentsGovernment SecuritiesGOI - 7.27% (08/04/2026)GOI - 7.69% (17/06/2043)GOI - 6.84% (19/12/2022)Non-Convertible Debentures/Bonds08.55 % Indian Railways FinanceCorporation Ltd.09.10 % Power Finance Corporation07.32 % NTPC Ltd.07.35 % National HighwaysAuthority Of India07.44 % Bank Of Baroda07.55 % Rec Ltd.08.70 % LIC Housing Finance Ltd.09.84 % Iot Utkal Energy Services Ltd.(Indan Oil Ltd. Is Both The Off-TakerAnd Major Shareholder Of Sponsor IOT)Privately Placed/Unlisted08.30 % Sbi Cards & PaymentServices Ltd.

SOVSOVSOV

CRISIL- AAA



CRISIL- AAA

Maturity Ladder


NAV Movement

For calculation methodology please refer Pg 61 Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49-61. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer


:: :

:

5.11 Years4.8 Years

7.37 Years


BENCHMARK

Crisil Medium to Long Term Debt Index

MONTHLY AVERAGE AUM

Rs. 53.43 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

1.441.99


Tata Income Fund (An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 year and 7 years)




78.60%

11.81%

9.59%

A1+ / AAA

SOV


7.40%

9.64%

10.25%

65.82%

1.52%

5.36%

0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00%

0 - 1 Yrs

1 - 3 Yrs

3 - 7 Yrs

7 - 10 Yrs

Abv 10 Yrs

Cash & Others

100

106

112

118

124

130


Tata Income Fund - Reg - GrowthCrisil Medium to Long Term Debt Index

78.60%

11.81%

9.59%







1.571.001.000.32

NA

3.110.870.170.12

-0.17

37

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

August 8, 2002

FUND MANAGER

NAV

Direct - GrowthDirect - Monthly DividendDirect -DividendReg - GrowthReg - Monthly DividendReg -Dividend

::::::

38.258317.361720.269636.133916.329219.1666

FUND SIZE

Rs. 2464.90 (Rs. in Cr.)





LOAD STRUCTURE


Exit Load :

PORTFOLIO


25038.607316.956005.102719.802606.951247.201161.251063.531005.21565.32499.96412.54338.7662.7132.880.44

146784.4913642.9712198.7210260.037930.977632.316710.926652.345197.475128.285049.064631.654563.284538.733540.75

3433.463249.253088.17

2797.362607.462583.97

2583.452548.972506.812498.582339.33

10.162.972.441.101.060.510.470.430.410.230.200.170.140.030.010.00

59.555.534.954.163.223.102.722.702.112.082.051.881.851.841.44

1.391.321.25

1.131.061.05

1.051.031.021.010.95

SOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOV


ICRA- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AAA


CRISIL- AAACRISIL- AAA

ICRA- AAA


IND AAACRISIL- AAACRISIL- AAA


% to NAV


8497.8020892.33

237585.338904.65

246489.98

3.458.48

96.393.61

100.00


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Crisil Short Term Bond Fund IndexB: Crisil Short Term Bond Fund IndexTotal Value of AB: CRISIL 1 Year T-Bill IndexAB: CRISIL 1 Year T-Bill Index(Inception date :08-Aug-2002) (First Installment date : 01-Sep-2002)

120,000

126,277

9.99%

126,851

10.91%

125,364

8.52%

360,000

397,954

6.65%

414,098

9.35%

404,725

7.79%

600,000

702,135

6.24%

745,009

8.61%

721,540

7.33%

840,000

1,064,692

6.68%

1,141,424

8.63%

1,091,309

7.37%

1,200,000

1,744,005

7.27%

1,875,036

8.65%

1,748,604

7.32%

2,130,000

4,359,110

7.54%

4,576,920

8.02%

3,981,523

6.63%


A debt scheme that invests in short term debt instruments having high level of liquidity.

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.

Murthy Nagarajan (Managing Since 1-Apr-17 and overall experience of 22 years) & Abhishek Sonthalia (Managing Since 06-Feb-20 and overall experience of 11 years)



Nil (w.e.f 24th January, 2019)

Ratings Market ValueRs. Lakhs

% to NAV


NAV MovementMaturity Ladder

Debt InstrumentsGovernment SecuritiesGOI - 7.27% (08/04/2026)GOI - 5.79% (11/05/2030)GOI - 7.59% (11/01/2026)GOI - 6.18% (04/11/2024)GOI - 6.68% (17/09/2031)GOI - 7.68% (15/12/2023).GOI - 6.97% (06/09/2026)GOI - 6.19% (16/09/2034)GOI - 7.26% (14/01/2029)SDL Rajasthan Uday 8.15% (23/06/2021)GOI - 6.45% (07/10/2029)GOI - 7.17% (08/01/2028)GOI - 7.32% (28/01/2024)SDL Punjab 6.99% (13/10/2020)SDL Tamilnadu 8.18% (19/12/2028)Non-Convertible Debentures/Bonds07.09 % Rec Ltd.07.42 % Power Finance Corporation06.27 % Small Indust Devlop Bank Of India07.50 % Nhpc Ltd.07.05 % Reliance Industries Ltd.07.79 % LIC Housing Finance Ltd.06.64 % Mangalore Refinery & Petrochemicals Ltd.07.60 % Grasim Industries Ltd.07.25 % Larsen & Toubro Ltd.Reliance Industries Ltd. - Frb07.44 % Bank Of Baroda07.35 % HDFC Ltd.07.00 % HDFC Ltd.05.95 % Housing & Urban DevelopmentCorporation Ltd.07.50 % Rec Ltd.09.25 % Reliance Jio Infocomm Ltd.08.45 % Sikka Ports And Terminals Ltd.(Mukesh Ambani Group)08.50 % Nabard08.37 % Nabard06.99 % Housing & Urban DevelopmentCorporation Ltd.08.30 % Reliance Industries Ltd.08.71 % Hdb Financial Services Ltd.07.18 % Canara Bank07.68 % Power Finance Corporation08.10 % Tata Capital Housing Finance Ltd.

07.70 % Larsen & Toubro Ltd.07.13 % Nhpc Ltd.06.39 % Indian Oil Corp Ltd.07.47 % Power Finance Corporation06.78 % Reliance Industries Ltd.08.24 % Power Grid Corporation Of India Ltd.07.40 % Power Finance Corporation07.55 % Rec Ltd.08.75 % HDFC Ltd.08.24 % India Infradebt Ltd.06.98 % Nabard09.84 % Iot Utkal Energy Services Ltd.(Indan Oil Ltd. Is Both The Off-Taker AndMajor Shareholder Of Sponsor IOT)07.75 % India Infradebt Ltd.09.25 % India Infradebt Ltd.07.65 % Indian Railways Finance Corporation Ltd.07.24 % Indian Railways Finance Corporation Ltd.08.70 % Reliance Jio Infocomm Ltd.08.80 % Power Grid Corporation Of India Ltd.08.35 % Indian Railways Finance Corporation Ltd.08.37 % India Infradebt Ltd.08.40 % Power Grid Corporation Of India Ltd.07.90 % India Infradebt Ltd.08.50 % Small Indust Devlop Bank Of India08.12 % Nabha Power Ltd. (Unconditional AndIrrevocable Guarantee By Larsen & Toubro Ltd.)08.27 % National Highways Authority Of IndiaPrivately Placed/Unlisted08.00 % Ongc Petro-Additions Ltd.08.30 % Sbi Cards & Payment Services Ltd.08.10 % Sbi Cards & Payment Services Ltd.Money Market InstrumentsReliance Jio Infocomm Ltd. - CP


CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AAA(CE)

CRISIL- AAA

ICRA- AAA(CE)CRISIL- AAACRISIL- AAA

CRISIL- A1+

2090.162056.882047.252042.452011.641674.361464.531019.48717.25507.87505.10502.29

501.08343.08277.16269.95196.40131.73110.25101.4683.7980.4352.0250.88

32.7131537.9616284.688694.696558.594834.144834.14

0.850.830.830.830.820.680.590.410.290.210.200.20

0.200.140.110.110.080.050.040.040.030.030.020.02

0.0112.79

6.613.532.661.961.96

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.For scheme performance refer pages 49-61*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer


:::

:



BENCHMARK

Crisil Short Term Bond Fund Index

MONTHLY AVERAGE AUM

Rs. 2236.76 (Rs. in Cr.)


0.281.20


Tata Short Term Bond Fund(An open ended short term debt scheme investing in instruments such that the Macaulay duration of portfolio is between 1 year and 3 years.)



NoteSundry Debtors: Rs 170 crs. due against redemption of Commercial Paper of Infrastructure Leasing & Financial Services Ltd matured respectively on 26/09/2018 & on 27/11/2018 , the same is not included in the above portfolio statement.

67.68%

15.53%

10.16%

6.63%

A1+ / AAA


SOV

AAA(CE) 70.30%

15.53%

9.94%2.05% 1.96% 0.22%




Floating Rate Bonds

Commercial Papers

State Development Loans

23.19%24.82%

35.53%10.93%

1.93%3.61%

0.00% 10.00% 20.00% 30.00% 40.00%

0 - 1 Yrs1 - 3 Yrs3 - 7 Yrs

7 - 10 YrsAbv 10 Yrs

Cash & Others

100106112118124130


Tata Short Term Bond Fund - Reg - GrowthCrisil Short Term Bond Fund Index


(Below information is applicable for the Main Portfolio)

NANA

Segregated Portfolio0.360.54

Main PortfolioDirectRegular


::




::

SegregatedPortfolio

MainPortfolio

MAIN PORTFOLIO


% to NAV


% to NAV

Market Value

Debt InstrumentsGovernment SecuritiesSDL Odisha 8.48% (24/02/2021)SDL Chattisgarh 8.04% (17/10/2020)Non-Convertible Debentures/Bonds06.98 % Nabard07.67 % LIC Housing Finance Ltd.07.07 % Reliance Industries Ltd.07.06 % HDFC Ltd.06.99 % Rec Ltd.07.59 % Small Indust Devlop BankOf India07.22 % LIC Housing Finance Ltd.09.05 % Power Finance Corporation07.62 % Housing & UrbanDevelopment Corporation Ltd.07.27 % Power Finance Corporation07.10 % Power Finance Corporation06.32 % Rec Ltd.08.90 % Bharti Telecom Ltd.06.60 % Rec Ltd.09.40 % L&T Housing Finance Ltd.09.75 % Rec Ltd.08.60 % Nabard10.25 % Sikka Ports And TerminalsLtd. (Mukesh Ambani Group)Privately Placed/Unlisted08.00 % Ongc Petro-Additions Ltd.

SOVSOV

CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA


ICRA- AAA


CRISIL- AA+CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AAA(CE)

6178.555162.671015.88

28342.632591.912534.572530.862530.672528.692528.25

2527.952042.501563.08

1531.661520.301502.131012.891004.98276.9952.3442.1320.73

2513.072513.07

9.588.001.57

43.944.023.933.923.923.923.92

3.923.172.42

2.372.362.331.571.560.430.080.070.03

3.903.90


2195.5659834.564673.59

64508.15

3.4092.757.25

100.00

Money Market InstrumentsOriental Bank Of Commerce - CDLarsen & Toubro Ltd. - CPNABARD - CDAxis Bank Ltd. - CDHDFC Ltd. - CPStdchtd Inv & Loans (India) Ltd. - CPAxis Bank Ltd. - CDBank Of Baroda - CD

CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+

IND A1+

20604.754992.034885.302485.002483.982406.122378.49

491.23482.60

31.947.747.573.853.853.733.690.760.75

Cash / Net Current AssetNet Assets

625.001282.00

48.75100.00

SEGREGATED PORTFOLIO (No. 1)


% to NAV


% to NAV

Market Value

Debt InstrumentsNon-convertible Debentures/bonds08.90 % Dewan Housing Fin CorporationLtd.$$

Portfolio Total

CARE- D657.00657.00

657.00

51.2551.25

51.25


38

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

September 06,2005

FUND MANAGER

NAV

Direct - GrowthDirect - DividendDirect - Weekly DivDirect - Daily DividendReg - GrowthReg - DividendReg - Weekly DivReg - Daily Dividend

33.842921.459811.755811.684133.471421.235211.754511.6833

2975.50511887.54241008.06721003.16842938.17661864.08931008.04371003.1545

FUND SIZE





LOAD STRUCTURE


[ICRA]AA+mfs rating by ICRA$

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

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.


0.781.001.000.30

NA

3.300.770.410.17

-0.10



Maturity Ladder - Main Portfolio

Composition by Ratings - Main Portfolio Instrument Wise Composition - Main Portfolio

NAV Movement - Main Portfolio

NIL


:::

:

9.38 Months8.96 Months

10.99 MonthsGross Yield to Maturity (For Debt Component)*

- Excluding Net Current Assets 4.89%

BENCHMARK

Crisil Low Duration Debt Index

MONTHLY AVERAGE AUM

EXPENSE RATIO**


Tata Treasury Advantage Fund(An open ended low duration debt scheme investing in instruments such that the Macaulay duration of portfolio is between 6 months and 12 months.)

Akhil Mittal (Managing Since 26-Jun-14 and overall experience of 18 years) & Abhishek Sonthalia (Managing Since 06-Feb-20 and overall experience of 11 years)

Not Applicable for Segregated Portfolio



$$ - The long term rating of DEWAN HOUSING FINANCE CORPORATION LTD.(DHFL) has been downgraded to Default category . The securities of DHFL has been valued in accordance with the price provided by the valuation agencies. A segregated portfolio had been created post approval of Trustees.

(Number of Segregated portfolios in the scheme 1)

74.31%

10.64%

9.58%3.90% 1.57%

A1+ / AAA


SOV

AAA(CE)

AA+ / AA

47.83%

16.95%

14.99%

10.65%

9.58%Ncd - Non Convertible Deb

Certificate Of Deposit

Commercial Papers



11.14%7.70%

2.34%34.73%

24.13%12.72%

0.00%0%

7.24%

0.00% 10.00% 20.00% 30.00% 40.00%

0 - 1 Mths1 - 3 Mths3 - 6 Mths

6 - 12 Mths1 - 2 Yrs2 - 3 Yrs3 - 5 Yrs

Abv 5 YrsCash & Others

100

106

112

118

124

130


Tata Treasury Advantage Fund - Reg - GrowthCrisil Low Duration Debt Index



39

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

May 22, 2003

FUND MANAGER

NAV

Direct - GrowthDirect - Daily DividendReg - GrowthReg - Daily Dividend

::::

3524.24301114.15013501.40061114.1419

0.220.43

FUND SIZE

Rs. 286.88 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 303.28 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular





LOAD STRUCTURE


Exit Load :

PORTFOLIO

Repo

Portfolio Total


Net Assets

794.72

28983.56

-295.52

28688.04

2.77

101.03

-1.03

100.00





Returns

Total Value of B: Crisil Money Market Index

B: Crisil Money Market Index

Total Value of AB: CRISIL 1 Year T-Bill Index

AB: CRISIL 1 Year T-Bill Index

(Inception date :22-May-2003) (First Installment date : 01-Jun-2003)

120,000

125,008

7.94%

124,369

6.92%

125,364

8.52%

360,000

391,245

5.50%

402,696

7.45%

404,751

7.79%

600,000

690,398

5.57%

723,053

7.41%

721,644

7.33%

840,000

1,042,298

6.08%

1,100,963

7.62%

1,075,760

9.66%

1,200,000

1,700,723

6.79%

1,805,432

7.93%

1,751,046

10.17%

2,040,000

3,874,867

7.10%

4,093,783

7.67%

3,729,304

7.33%

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49-61.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

[ICRA]A1+mfs rating by ICRA$

The investment objective is to generate returns with reasonable liquidity to the unitholders by investing in money market instruments.

A money market scheme (liquid fund category) that invests 100% of its net assets in Money market securities.

Amit Somani (Managing Since 16-Oct-13 and overall experience of 17 years)

BENCHMARK

Crisil Money Market Index


0.321.001.000.26

NA

3.64-1.670.02

-0.050.52



Debt Instruments

Money Market Instruments

Reliance Jio Infocomm Ltd. - CP

Can Fin Homes Ltd. - CP

Fullerton India Credit Co Ltd. - CP

Larsen & Toubro Ltd. - CP

Treasury Bill 364 Days (30/03/2021)

NABARD - CD

Reliance Industries Ltd. - CP

Federal Bank Ltd. - CD

Bank Of Baroda - CD

Stdchtd Inv & Loans (India) Ltd. - CP

HDFC Ltd. - CP

CRISIL- A1+

ICRA- A1+

CRISIL- A1+

CRISIL- A1+

SOVRN SOV

CRISIL- A1+

CRISIL- A1+

CRISIL- A1+

IND A1+

CRISIL- A1+

CRISIL- A1+

28188.84

4841.12

2500.00

2461.24

2442.65

2431.28

2431.16

2424.90

2414.95

2413.00

2378.49

1450.05

98.26

16.88

8.71

8.58

8.51

8.47

8.47

8.45

8.42

8.41

8.29

5.05

Composition by Ratings

Maturity Ladder NAV Movement

Instrument Wise Composition


% to NAV


% to NAV


:::

:

7.30 Months7.30 Months7.30 Months



Tata Money Market Fund(An open ended debt scheme investing in money market instruments.)



Nil (w.e.f 24th January, 2019)

Note: Sundry Debtors: Rs 50 crs. due against redemption of Commercial Paper of Infrastructure Leasing & Financial Services Ltd matured on 29/10/2018 , the same is not included in the above portfolio statement.

89.78%

8.47% 1.75%

A1+ / AAA

SOV

Cash & Cash Equivalents64.48%

25.30%

8.47% 1.75%Commercial Papers


Treasury Bills


11.48%0.00%

8.58%80.97%

0.00%0.00%0.00%0%

0.00% 30.00% 60.00% 90.00%


6 - 12 Mths1 - 2 Yrs2 - 3 Yrs3 - 5 Yrs

Abv 5 Yrs

100

106

112

118

124

130


Tata Money Market Fund - Reg - GrowthCrisil Money Market Index


As on 31st May 2020

INVESTMENT STYLE






LOAD STRUCTURE


Exit Load : Nil

PORTFOLIO

Name of the Instrument Name of the Instrument RatingsRs. Lakhs

% to NAV


2424.4914896.38

314.5615210.94

15.9497.932.07

100.00



Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Crisil Ultra Short Term Debt IndexB: Crisil Ultra Short Term Debt IndexTotal Value of AB: CRISIL 1 Year T-Bill IndexAB: CRISIL 1 Year T-Bill Index(Inception date :22-Jan-2019) (First Installment date : 01-Feb-2019)

120,000124,066

6.43%124,628

7.33%125,364

8.52%

NANANANANANANA

NANANANANANANA

NANANANANANANA

NANANANANANANA

160,000167,330

6.57%168,319

7.46%169,237

8.29%

Maturity Ladder


NAV Movement

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.

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.




% to NAV

Market Value

Debt InstrumentsGovernment SecuritiesSDL Chattisgarh 8.04% (17/10/2020)SDL Maharashtra 6.81% (25/10/2020)SDL Odisha 8.48% (24/02/2021)Non-Convertible Debentures/Bonds08.25 % Bharti Telecom Ltd.07.50 % Power Finance Corporation06.77 % Larsen & Toubro Ltd.08.37 % Nabard08.84 % Power Grid CorporationOf India Ltd.06.60 % Rec Ltd.07.87 % Tata Capital FinancialServices Ltd.Money Market InstrumentsHDFC Ltd. - CPICICI Bank Ltd. - CDHDFC Ltd. - CPAxis Bank Ltd. - CD

SOVSOVSOV

CRISIL- AA+CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA


CRISIL- A1+ICRA- A1+

CRISIL- A1+CRISIL- A1+

3496.091523.821012.01960.26

5540.131010.921009.531005.651002.79508.47

502.49500.28

3435.671454.52993.32496.60491.23

22.9810.026.656.31

36.426.656.646.616.593.34

3.303.29

22.599.566.533.263.23

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49-61. *B: Benchmark Source: MFI Explorer

VOLATILITY MEASURES^ FUND BENCHMARK0.391.001.000.27

NA


0.510.990.820.22

-0.04

DATE OF ALLOTMENT

January 22,2019

FUND MANAGER

NAV

Direct - GrowthDirect - Monthly DividendDirect - Weekly DividendRegular - GrowthRegular - Monthly DividendRegular - Weekly Dividend

11.037111.037810.404710.938410.937710.3777

FUND SIZE

Rs. 152.11 (Rs. in Cr.)

BENCHMARK

Crisil Ultra Short Term Debt Index

Akhil Mittal (Managing Since 11-Jan-19 and overall experience of 17 years)

MONTHLY AVERAGE AUM

Rs. 129.27 (Rs. in Cr.)


0.481.00



: ::

:

4.44 Months4.30 Months4.48 Months


Tata Ultra Short Term Fund(An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months.)

::::::



4.13%


52.37%

22.98%

18.00%

6.65%

A1+ / AAA

SOV


AA+ / AA

36.42%

22.98%

18.01%

12.83%

9.76%Ncd - Non Convertible Deb



Commercial Papers


25.82%16.41%

29.88%22.52%

3.30%0.00%0.00%0%

0.00% 10.00% 20.00% 30.00% 40.00%


6 - 12 Mths1 - 2 Yrs2 - 3 Yrs3 - 5 Yrs

Abv 5 Yrs

100

104

108

112

116

120

Jan-19 Jul-19 Dec-19 May-20

Tata Ultra Short Term Fund - Reg - GrowthCrisil Ultra Short Term Debt Index



41

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

October 10,2019

FUND MANAGER


::::

10.640810.640810.603310.6033

FUND SIZE

Rs. 231.32 (Rs. in Cr.)




LOAD STRUCTURE

Entry Load ::

Not ApplicableExit Load

PORTFOLIO


20614.432573.142541.402110.792056.881965.24

1909.071613.541539.141520.581030.521002.72548.39203.02

89.1211.1210.999.138.898.50

8.256.986.656.574.454.332.370.88


% to NAV


1924.5021.80

22560.73571.14

23131.87

8.320.09

97.532.47

100.00





Returns

Total Value of B: CRISIL Banking and PSU Debt Index

B: CRISIL Banking and PSU Debt Index



(Inception date :10-Oct-2019) (First Installment date : 01-Nov-2019)

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

70,000

72,377

10.87%

72,321

10.61%

73,371

15.61%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Debt Fund predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. 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.

Amit Somani (Managing Since 06-Sep-19 and overall experience of 17 years)



2.201.001.00

-0.10NA

3.560.840.250.460.47


Nil


% to NAV

Market Value

Debt InstrumentsNon-Convertible Debentures/bonds07.44 % Bank Of Baroda07.42 % Power Finance Corporation08.00 % Ongc Petro-Additions Ltd.07.13 % Nhpc Ltd.06.59 % Indian Railways FinanceCorporation Ltd.09.20 % ICICI Bank Ltd.09.34 % Rec Ltd.06.35 % Exim08.85 % HDFC Bank Ltd.09.56 % State Bank Of India07.18 % Canara Bank08.49 % NTPC Ltd.06.09 % Housing & UrbanDevelopment Corporation Ltd.


ICRA- AAA(CE)ICRA- AAA

CRISIL- AAA

ICRA- AA+CRISIL- AAACRISIL- AAA

CRISIL- AA+CRISIL- AA+

IND AAACRISIL- AAA

ICRA- AAA

Maturity Ladder


NAV Movement


Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49-61. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer


:: :

:



BENCHMARK

CRISIL Banking and PSU Debt Index

MONTHLY AVERAGE AUM

Rs. 233.47 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.210.71


Tata Banking & PSU Debt Fund(An open ended debt scheme predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds)



60.71%19.28%

10.88%

9.13%

A1+ / AAA

AA+ / AA


AAA(CE)

89.12%

10.88%



8.41%

8.50%

41.43%

19.91%

19.28%

2.47%

0.00% 10.00% 20.00% 30.00% 40.00% 50.00%

0 - 1 Yrs

1 - 3 Yrs

3 - 7 Yrs

7 - 10 Yrs

Abv 10 Yrs

Cash & Others

90

94

98

102

106

110

Oct-19 Dec-19 Mar-20 May-20

Tata Banking & PSU Debt Fund - Reg - GrowthCRISIL Banking and PSU Debt Index





The investment objective is to generate reasonable returns with high liquidity to the unitholders.

Amit Somani (Managing Since 16-Oct-13 and overall experience of 17 years) & Abhishek Sonthalia (Managing Since 06-Feb-20 and overall experience of 11 years)

42

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

September 01,2004

FUND MANAGER

Crisil Liquid Fund IndexBENCHMARK

NAV

Direct - GrowthDirect - Daily DividendReg - GrowthReg - Daily Dividend

::::

3160.21211001.51873140.99291001.5157

FUND SIZE

Rs. 19378.26 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 17229.83 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular





LOAD STRUCTURE


Exit Load :

PORTFOLIO

27029.7027029.7040998.8815146.2212582.79

5722.745040.232506.90

1868290.69154987.78121140.75

90328.5076451.6874521.5864867.2759446.2750112.8750000.0049548.9547381.5443245.1839768.0039767.1637562.4337500.0034900.2930859.7629965.0829915.9429868.2729795.7329751.8125966.4924988.3824970.3324961.0524960.1824957.6324950.0524912.3824911.1824899.1324783.9524775.28

1.391.392.120.780.650.300.260.13

96.418.006.254.663.953.853.353.072.592.582.562.452.232.052.051.941.941.801.591.551.541.541.541.541.341.291.291.291.291.291.291.291.291.281.281.28


5391.881941711.15

-3884.991937826.16

0.28100.20

-0.20100.00


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Crisil Liquid Fund IndexB: Crisil Liquid Fund IndexTotal Value of AB: CRISIL 1 Year T-Bill IndexAB: CRISIL 1 Year T-Bill Index(Inception date :01-Sep-2004) (First Installment date : 01-Oct-2004)

120,000123,677

5.72%123,695

5.75%125,418

8.46%

360,000397,559

6.55%398,331

6.68%404,864

7.77%

600,000711,926

6.77%713,441

6.86%721,814

7.32%

840,0001,082,174

7.12%1,084,114

7.17%1,075,994

9.65%

1,200,0001,776,665

7.61%1,769,602

7.54%1,751,403

10.17%

1,880,0003,558,166

7.68%3,479,205

7.42%3,301,207

7.61%


A high liquidity income scheme that aims to generate reasonable returns.

0.260.860.780.250.02

0.261.001.000.22

NA

0.210.32




% toNAV


% toNAV

Market Value

Debt InstrumentsGovernment SecuritiesGOI - 8.27% (09/06/2020)Non-Convertible Debentures/Bonds08.57 % Rec Ltd.08.53 % Power Finance Corporation11.50 % HDFC Ltd.08.85 % Tata Capital Housing Finance Ltd.07.42 % Power Finance CorporationMoney Market InstrumentsTreasury Bill 91 Days (09/07/2020)Treasury Bill 182 Days (20/08/2020)Cash Management Bill 84 Days (23/06/2020)Cash Management Bill 84 Days (20/08/2020)Treasury Bill 91 Days (13/08/2020)Indian Oil Corp Ltd. - CPSyndicate Bank Ltd. - CDTreasury Bill 91 Days (27/08/2020)Bank Of Baroda - CDIDFC First Bank Ltd. - CDTreasury Bill 91 Days (30/06/2020)Treasury Bill 91 Days (07/08/2020)NTPC Ltd. - CPReliance Industries Ltd. - CPBharti Telecom Ltd. - CPSyndicate Bank Ltd. - CDReliance Retail Ltd. - CPTreasury Bill 91 Days (23/07/2020)Reliance Industries Ltd. - CPChennai Petroleum Corporation Ltd. - CPBank Of Baroda - CDHDFC Ltd. - CPTata Motors Finance Ltd. - CPCash Management Bill 77 Days (16/06/2020)Reliance Jio Infocomm Ltd. - CPReliance Jio Infocomm Ltd. - CPHDFC Ltd. - CPH.P.C.L. - CPChennai Petroleum Corporation Ltd. - CPChennai Petroleum Corporation Ltd. - CPIndian Oil Corp Ltd. - CPNABARD - CPNational Fertilizers Ltd. - CPBajaj Finance Ltd. - CPBajaj Finance Ltd. - CP

Reliance Industries Ltd. - CP Reliance Jio Infocomm Ltd. - CP Bharti Hexacom Ltd. - CP Ujjivan Small Finance Bank Ltd. - CD Manappuram Finance Ltd. - CP Deutsche Investment India Pvt Ltd. - CP Reliance Retail Ltd. - CP Tata Teleservices (Maharashtra) Ltd. - CP Indian Oil Corp Ltd. - CP Treasury Bill 364 Days (25/06/2020) Small Indust Devlop Bank Of India - CD Tata Teleservices (Maharashtra) Ltd. - CP Sbi Global Factors Ltd. - CP Treasury Bill 91 Days (30/07/2020) Stdchtd Inv & Loans (India) Ltd. - CP Tata Teleservices Ltd. - CP Network 18 Media & Investments Ltd. - CP Network 18 Media & Investments Ltd. - CP Stdchtd Inv & Loans (India) Ltd. - CP Tv18 Broadcast Ltd. - CP Julius Baer Capital Ind Pvt Ltd. - CP Small Indust Devlop Bank Of India - CD Axis Bank Ltd. - CD Reliance Industries Ltd. - CP Tv18 Broadcast Ltd. - CP EXIM - CP Indian Oil Corp Ltd. - CP Small Indust Devlop Bank Of India - CD Tv18 Broadcast Ltd. - CP Treasury Bill 91 Days (11/06/2020)


Maturity Ladder NAV Movement


SOV


SOVRN SOVSOVRN SOVSOVRN SOVSOVRN SOVSOVRN SOV

CRISIL- A1+CRISIL- A1+SOVRN SOV

IND A1+ICRA- A1+

SOVRN SOVSOVRN SOV

CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+SOVRN SOV


IND A1+CRISIL- A1+CRISIL- A1+SOVRN SOV

CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+

ICRA- A1+CRISIL- A1+CRISIL- A1+

22400.5119970.4819959.4814991.8614967.9014967.3214963.9014955.7214929.0412474.1912433.8112323.2111893.3610446.1410388.72

9985.209916.939913.999379.457495.537477.427473.257451.935000.004998.024995.634990.232499.222478.87

446.51

1.161.031.030.770.770.770.770.770.770.640.640.640.610.540.540.520.510.510.480.390.390.390.380.260.260.260.260.130.130.02


CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+SOVRN SOV

CRISIL- A1+CRISIL- A1+CRISIL- A1+SOVRN SOV


ICRA- A1+ICRA- A1+

CRISIL- A1+ICRA- A1+

CRISIL- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+

ICRA- A1+CRISIL- A1+CRISIL- A1+CRISIL- A1+

ICRA- A1+SOVRN SOV

Portfolio Macaulay DurationModified DurationAverage MaturityGross Yield to Maturity (For Debt Component)*


: ::

:

44 Days44 Days44 Days


Tata Liquid Fund(An open-ended liquid Scheme)


1 day - 0.0070% of redemption proceeds2 days - 0.0065% of redemption proceeds3 days - 0.0060% of redemption proceeds4 days - 0.0055% of redemption proceeds5 days - 0.0050% of redemption proceeds6 days - 0.0045% of redemption proceeds7 days or more - Nil

60.43%

39.50%

0.07%

A1+ / AAA

SOV


44.31%

38.10%

14.00%2.12% 1.39% 0.08% Commercial Papers

Treasury Bills





7.89%

11.96%

24.57%

22.58%

33.20%

-0.20%

-2.00% 12.00% 26.00% 40.00%

1 - 7 Days

Abv 7 - 15 Days

Abv 15 - 30 Days

1 - 2 Mths

2 - 3 Mths

Cash & Others

100

106

112

118

124

130


Tata Liquid Fund - Reg - Growth Crisil Liquid Fund Index



225330.84225330.84

737.23226068.07

99.6999.690.31

100.00




Amit Somani (Managing Since 25-Mar-19 and overall experience of 15 years)

43

As on 31st May 2020

INVESTMENT STYLE

DATE OF ALLOTMENT

March 27,2019

FUND MANAGER

Crisil Overnight Index

BENCHMARK

NAV


::::

1000.00001058.80521000.00001057.5190

FUND SIZE

Rs. 2260.68 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 2099.31 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular





LOAD STRUCTURE


Exit Load : Nil

PORTFOLIO



Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Crisil Overnight IndexB: Crisil Overnight IndexTotal Value of AB: CRISIL 1 Year T-Bill IndexAB: CRISIL 1 Year T-Bill Index(Inception date :27-Mar-2019) (First Installment date : 01-Apr-2019)

120,000122,675

4.15%122,735

4.25%125,418

8.46%

NANANANANANANA

NANANANANANANA

NANANANANANANA

NANANANANANANA

140,000143,750

4.31%143,835

4.41%147,227

8.34%

Investment in overnight securities having maturity of 1 day.


The objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. 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.

0.290.961.000.06

-0.01

0.261.001.000.07

NA

0.110.21



: ::

:

3 Days3 Days3 Days




% toNAV


% toNAV

Market Value

Maturity Ladder

NAV MovementInstrument Wise Composition



Tata Overnight Fund(An Open-ended Debt Scheme investing in overnight securities.)


100.00%


100

102

104

106

108

110

Mar-19 Aug-19 Jan-20 May-20

Tata Overnight Fund - Reg - GrowthCrisil Overnight Index

99.67%

0.00%

0.00%

0.00%

0.00%

0.33%

0.00% 25.00% 50.00% 75.00% 100.00%

1 - 7 Days

Abv 7 - 15 Days

Abv 15 - 30 Days

1 - 2 Mths

2 - 3 Mths

Cash & Others


As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENT

September 6, 1999

FUND MANAGER

NAV

Direct - GrowthDirect - DividendReg -GrowthReg -Dividend

::::

FUND SIZE

Rs. 178.32 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 177.11 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular





LOAD STRUCTURE


Exit Load :

PORTFOLIO


% to NAV

Debt InstrumentsGovernment SecuritiesGOI - 6.19% (16/09/2034)GOI - 7.57% (17/06/2033)GOI - 7.27% (08/04/2026)GOI - 7.19% (15/09/2060)GOI - 6.68% (17/09/2031)SDL Maharashtra 9.39% (20/11/2023)SDL Maharashtra 9.79% (25/09/2023)SDL Goa 9.77 % (26/02/2024).SDL Maharashtra 8.62% (20/02/2023)SDL Haryana 9.71% (12/03/2024)SDL Andhra Pradesh 9.48% (26/03/2024)GOI - 7.95% (28-8-2032)GOI 8.24% 15/02/2027

15731.705026.054920.312374.061084.63831.47565.13246.68216.88212.1298.0560.1255.7540.45

88.2228.1927.5913.316.084.663.171.381.221.190.550.340.310.23

SOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOV


% to NAV

Repo

Portfolio Total


Net Assets

650.82

16382.52

1449.33

17831.85

3.65

91.87

8.13

100.00





Returns

Total Value of B: Crisil Dynamic Gilt Index

B: Crisil Dynamic Gilt Index




120,000

127,644

12.20%

129,146

14.64%

128,015

12.80%

360,000

418,082

10.00%

426,873

11.44%

422,608

10.74%

600,000

744,972

8.61%

765,077

9.68%

750,061

8.89%

840,000

1,145,143

8.72%

1,181,750

9.61%

1,146,680

8.76%

1,200,000

1,884,381

8.74%

1,935,526

9.25%

1,830,192

8.19%

2,480,000

6,008,626

7.86%

6,428,342

8.42%

4,598,012

7.11%

A debt scheme that invests in Government securities to generate reasonable returns emphasising the importance of captial preservation.

The investment objective of the Scheme is to generate medium to long term capital appreciation and income distribution by investing predominantly in Government Securities.

Murthy Nagarajan (Managing Since 14-Sep-19 and overall experience of 23 years)

BENCHMARK

Crisil Dynamic Gilt Index

64.768418.255860.652216.8338






Maturity Ladder


NAV Movement

Market Value


4.721.160.890.23

-0.17


3.571.001.000.38

NA

Nil (w.e.f. 2nd November, 2018)


:::

7.24 Years7.03 Years

11.72 Years

Gross Yield to Maturity (For Debt Component)*- Excluding Net Current Assets : 5.79%

0.791.49


Tata Gilt Securities Fund(An Open-Ended Debt Scheme investing predominantly in Government Securities across maturity)



88.22%

11.78%

SOV


80.38%

11.77%

7.85%




3.65%1.19%

20.20%0.00%

66.84%8.13%

0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00%

0 - 1 Yrs1 - 3 Yrs3 - 7 Yrs

7 - 10 YrsAbv 10 Yrs

Cash & Others

90

98

106

114

122

130


Tata Gilt Securities Fund - Reg - GrowthCrisil Dynamic Gilt Index

1) Nil – If redemption or switch out on or after attainment of retirement age i.e. 60 years.2) Nil – In case of Auto switch out of units on occurrence of Auto switch trigger event.3 )Exit load will be 1% after the completion of 60 months lock-in period , If redeemed within 1 monthThe above condtions applicable (w.e.f. 3rd May, 2019)





20.290.000.940.93

-0.010.11

20.85-0.021.001.00

-0.12NA

45

As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENTNovember 1, 2011

FUND MANAGER

NAV


: 29.539326.2938:

FUND SIZE

Rs. 681.22 (Rs. in Cr.)

TURN OVER


70.77%64.35%





LOAD STRUCTUREEntry Load : Not Applicable

Exit Load :

PORTFOLIO

Company name

61937.26

1260.38

910.34

5386.344331.952435.76

780.97

1299.24

1388.401133.39

951.03

887.40744.23

2802.111989.291577.671308.71

912.12854.46774.23768.16

2222.93

1663.781337.111186.471105.60

849.10

90.92

1.85

1.34

7.916.363.58

1.15

1.91

2.041.661.40

1.301.09

4.112.922.321.921.341.251.141.13

3.26

2.441.961.741.621.25

46500

1540

5660001305000

199000

20000

7100

1560008550039000

18200155000

1362001008000

43000079000

5200235000

46000232600

134000

318000155000

4700085000

216000

178000

2100047000

320000

5840061000

2550002150054560

600000

38959335000

840.34

1128.74723.42

4686.08

2377.611457.96

910.61868.30747.12

3315.60

1465.26701.03

1854.02

1.23

1.661.06

6.88

3.492.141.341.271.10

4.87

2.151.032.72

Company name

A Fund that aims to provide an investment tool for retirement planning to suit the risk profile of the investor.

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.




No. of Shares Rs. Lakhs

% of Assets

Market Value

Name of theInstrument Rs. Lakhs

% toNAV

Market Value


% of Assets

Market Value

Equity & Equity Related TotalAutoBajaj Auto Ltd.Auto AncillariesMRF Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.Kotak Mahindra Bank Ltd.CementUltratech Cement Ltd.Commercial Services3M India Ltd.Consumer DurablesTitan Company Ltd.Bata India Ltd.Johnson Controls- Hitachi Air Conditioning India Ltd.Dixon Technologies (India) Ltd.Voltas Ltd.Consumer Non DurablesHindustan Unilever Ltd.ITC Ltd.Tata Consumer Products Ltd.Jubilant Foodworks Ltd.Nestle India Ltd.Kansai Nerolac Paints Ltd.Asian Paints (India) Ltd.Radico Khaitan Ltd.FinanceHousing Development FinanceCorporation Ltd.HDFC Life Insurance Co. Ltd.Muthoot Finance Ltd.HDFC Asset Management Company Ltd.ICICI Lombard General Insurance Co. Ltd.ICICI Prudential Life Insurance Company Ltd.

GasIndraprastha Gas Ltd.PesticidesBayer Cropscience Ltd.Pi Industries Ltd.Petroleum ProductsReliance Industries Ltd.PharmaceuticalsDr Reddys Laboratories Ltd.Divi Laboratories Ltd.Syngene International Ltd.Pfizer Ltd.Glaxosmithkline Pharmaceuticals Ltd.Telecom - ServicesBharti Airtel Ltd.TransportationContainer Corporation Of India Ltd.Blue Dart Express Ltd.Other Equities^

647.73647.73

0.950.95

Margin DepositsCash Margin Money

5448.59375.76

68409.34-286.85

68122.49

8.000.55

100.42-0.42

100.00





NAV Movement

Issuer NameHDFC Bank Ltd.Reliance Industries Ltd.ICICI Bank Ltd.Bharti Airtel Ltd.Hindustan Unilever Ltd.Kotak Mahindra BankDr. Reddys Labaratories Ltd.HDFC Ltd.ITC Ltd.HDFC Life Insurance Co. Ltd.Total

% to NAV7.916.886.364.874.113.583.493.262.922.44

45.82

Large Cap

Mid Cap

Small Cap





Returns


B: S&P BSE 200 TRI



(Inception date :01-Nov-2011) (First Installment date : 01-Dec-2011)

1,020,000

1,533,017

9.36%

1,353,893

6.53%

1,361,408

6.66%

120,000

109,898

-15.42%

105,862

-21.34%

105,023

-22.56%

360,000

334,836

-4.67%

322,886

-6.97%

334,404

-4.75%

600,000

651,349

3.25%

612,465

0.81%

636,952

2.36%

840,000

1,103,049

7.67%

984,977

4.49%

997,918

4.86%

NA

NA

NA

NA

NA

NA

NA

73.92%

19.68%

6.40%

Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 21 years) (Equity) & Murthy Nagarajan (Managing since 1-Apr-17 and overall experience of 22 years) (Debt)

ASSISTANT FUND MANAGEREnnette Fernandes (Managing Since 18-Jun-18 and overall experience of 10 years)


MONTHLY AVERAGE AUM

Rs. 661.14 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular 0.90

2.45

Tata Retirement Savings Fund - Progressive Plan(An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered For scheme performance refer pages 49-61.*B: Benchmark Source: MFI Explorer



31.11%24.19%

9.34%8.11%

5.09%4.87%

3.19%2.72%

1.15%0.77%0.39%

0.00% 8.00% 16.00% 24.00% 32.00% 40.00%



AutomobileFertilisers & Pesticides


Chemicals

8090

100110120130


Tata Retirement Savings Fund - Progressive Plan - RegS&P BSE 200 TRI

Equity & Equity Related TotalAutoBajaj Auto Ltd.Auto AncillariesMRF Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.Kotak Mahindra Bank Ltd.Commercial Services3M India Ltd.Consumer DurablesTitan Company Ltd.Bata India Ltd.Johnson Controls - Hitachi Air Conditioning India Ltd.Dixon Technologies (India) Ltd.Consumer Non DurablesHindustan Unilever Ltd.ITC Ltd.Tata Consumer Products Ltd.Jubilant Foodworks Ltd.Nestle India Ltd.Kansai Nerolac Paints Ltd.FinanceHousing Development Finance Corporation Ltd.HDFC Life Insurance Co. Ltd.Muthoot Finance Ltd.HDFC Asset Management Company Ltd.ICICI Lombard General Insurance Co. Ltd.ICICI Prudential Life Insurance Company Ltd.GasIndraprastha Gas Ltd.PesticidesBayer Cropscience Ltd.Petroleum ProductsReliance Industries Ltd.PharmaceuticalsDr Reddys Laboratories Ltd.Divi Laboratories Ltd.Syngene International Ltd.Pfizer Ltd.Telecom - ServicesBharti Airtel Ltd.




Large Cap

Mid Cap

Small Cap






17.03-0.011.010.93

-0.05-0.44

15.660.091.001.000.39

NA

46

As on 31st May 2020

INVESTMENT STYLE



FUND MANAGER

NAV


: 30.611327.6645:

FUND SIZE

Rs. 1033.81 (Rs. in Cr.)

TURN OVER


81.23%58.58%

0.872.23





LOAD STRUCTURE


Exit Load :

PORTFOLIO

Company name

81051.63

1653.41

1182.26

7032.695613.273243.60

1683.52

1780.001511.181268.051145.81

3678.542614.892017.951722.861192.771105.34

2911.372160.821783.101539.881430.771139.99

1133.04

1478.11

6150.48

3094.151912.081178.431106.58

4310.28

78.40

1.60

1.14

6.805.433.14

1.63

1.721.461.231.11

3.562.531.951.671.151.07

2.822.091.721.491.381.10

1.10

1.43

5.95

2.991.851.141.07

4.17

61000

2000

7390001691000265000

9200

2000001140005200023500

1788001325000550000104000

6800304000

17550041300020670061000

110000290000

240000

27500

420000

7600080000

33000027400

780000



% of Assets


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: Crisil Hybrid 25+75 - Aggressive IndexB: Crisil Hybrid 25+75 - Aggressive IndexTotal Value of AB: S&P BSE Sensex TRIAB: S&P BSE Sensex TRI(Inception date :01-Nov-2011) (First Installment date : 01-Dec-2011)

A Fund that aims to provide an investment tool for retirement planning to suit the risk profile of the investor.






NAV Movement

Issuer NameHDFC Bank Ltd.Reliance Industries Ltd.ICICI Bank Ltd.Bharti Airtel Ltd.Hindustan Unilever Ltd.Kotak Mahindra BankDr. Reddys Labaratories Ltd.HDFC Ltd.ITC Ltd.HDFC Life Insurance Co. Ltd.Total

% to NAV6.805.955.434.173.563.142.992.822.532.09

39.48

TransportationContainer Corporation Of India Ltd.Other Equities^

522654 1965.709310.71

1.909.01

No. of Shares


% of Assets

120,000112,484-11.55%112,093-12.14%105,023-22.56%

360,000342,094-3.30%

349,934-1.84%

334,404-4.75%

600,000651,603

3.27%656,651

3.57%636,952

2.36%

840,0001,114,798

7.97%1,047,777

6.23%997,918

4.86%

NANANANANANANA

1,020,0001,567,829

9.87%1,422,445

7.66%1,361,408

6.66%

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.For scheme performance refer pages 49-61. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer


% toNAV

Debt InstrumentsGovernment SecuritiesGOI - 7.27% (08/04/2026)GOI - 6.79% (26/12/2029)GOI - 7.26% (14/01/2029)Non-Convertible Debentures/Bonds07.13 % Nhpc Ltd.06.09 % Housing & Urban DevelopmentCorporation Ltd.09.23 % Talwandi Sabo Power Ltd.(Unconditional And Irrevocable GuaranteeBy Vedanta Ltd.)07.41 % Nabha Power Ltd.(A Larsen & Toubro Group Company)07.42 % Power Finance Corporation07.47 % Power Finance Corporation09.10 % Shriram Trans. Fin. Co. Ltd.08.22 % ICICI Home Finance Co.Ltd.08.20 % Power Grid Corporation Of India Ltd.08.81 % Small Indust Devlop Bank Of India10.09 % MRF Ltd.Privately Placed/Unlisted08.00 % Ongc Petro-Additions Ltd.Margin DepositsCash Margin Money

SOVSOVSOV

ICRA- AAAICRA- AAA

CRISIL- AA(CE)

ICRA- AAA(CE)


CRISIL- AA+CRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AAA

ICRA- AAA(CE)

7145.184316.472613.55215.16

11402.902570.822537.72

2396.02

2008.71

1524.84173.6156.5550.6941.8921.1920.86

502.61502.61848.22848.22

6.914.182.530.21

11.032.492.45

2.32

1.94

1.470.170.050.050.040.020.020.490.490.820.82


1638.29102588.84

792.66103381.50

1.5899.230.77

100.00


73.90%

19.66%

6.43%


ASSISTANT FUND MANAGEREnnettee Fernandes (Managing Since 18-Jun-18 and overall experience of 10 years)

BENCHMARK

Crisil Hybrid 25+75 - Aggressive Index

MONTHLY AVERAGE AUM

Rs. 1009.74 (Rs. in Cr.)


Tata Retirement Savings Fund - Moderate Plan(An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))


26.83%20.90%

8.00%7.05%

4.39%4.17%

2.74%2.34%

0.98%0.66%0.35%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00%



AutomobileFertilisers & Pesticides


Chemicals

8090

100110120130


Tata Retirement Savings Fund - Moderate Plan - RegCrisil Hybrid 25+75 - Aggressive Index






6.141.040.920.08

-0.22

5.361.001.000.29

NA

1.052.22

47

As on 31st May 2020

INVESTMENT STYLE



FUND MANAGER

NAVDirect - GrowthReg - Growth

: 22.830420.7198:

FUND SIZE

Rs. 133.67 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 132.19 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular





LOAD STRUCTURE

Entry Load Not Applicable

Exit Load

PORTFOLIO

Company name

3514.37

324.51258.26157.90

170.76

267.99

144.53

200.041990.38

26.29

2.431.931.18

1.28

2.00

1.08

1.5014.89



547.2513229.88

136.6213366.50

4.0998.97

1.03100.00




Returns

Total Value of B: CRISIL Short Term

Debt Hybrid 75+25 Fund Index

B: CRISIL Short Term Debt Hybrid 75+25 Fund Index



(Inception date :01-Nov-2011) (First Installment date : 01-Dec-2011)

1,020,000

1,439,423

7.93%

1,476,755

8.51%

1,473,001

8.45%

A Fund that aims to provide an investment tool for retirement planning to suit the risk profile of the investor




% of Assets

Market Value RatingsRs. Lakhs

% toNAV

Market Value

Equity & Equity Related TotalBanksHDFC Bank Ltd.ICICI Bank Ltd.Kotak Mahindra Bank Ltd.Consumer Non DurablesHindustan Unilever Ltd.Petroleum ProductsReliance Industries Ltd.PharmaceuticalsDr Reddys Laboratories Ltd.Telecom - ServicesBharti Airtel Ltd.Other Equities^

341007780012900

8300

18300

3550

36200

NAV Movement



Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered. For scheme performance refer pages 49-61*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

120,000

121,927

3.03%

122,316

3.65%

128,015

12.80%

360,000

383,573

4.18%

393,825

5.95%

422,608

10.74%

600,000

697,080

5.95%

719,228

7.20%

750,061

8.89%

840,000

1,090,236

7.35%

1,117,170

8.03%

1,146,680

8.76%

NA

NA

NA

NA

NA

NA

NA


Maturity Ladder

7389.182693.671079.12

970.12617.97562.77559.54516.75389.24

1779.081016.56

539.29

187.7435.49

55.2820.15

8.077.264.624.214.193.872.91

13.317.614.03

1.400.27

Debt InstrumentsGovernment SecuritiesGOI - 7.32% (28/01/2024)GOI - 7.27% (08/04/2026)GOI - 6.84% (19/12/2022)GOI 8.24% 15/02/2027GOI - 7.73% (19/12/2034)GOI - 8.20% (24/09/2025)GOI - 7.80% (11/04/2021)SDL Maharashtra 8.44% (26/11/2024)Non-Convertible Debentures/Bonds/Zcb07.42 % Power Finance Corporation09.95 % Food CorporationOf India Ltd.08.37 % NabardAditya Birla Housing Finance Ltd. - Zcb

SOVSOVSOVSOVSOVSOVSOVSOV

CRISIL- AAACRISIL- AAA(CE)



::




BENCHMARKCRISIL Short Term Debt Hybrid 75+25 Fund Index


Tata Retirement Savings Fund - Conservative Plan(An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier))


- Excluding Net Current Assets


5.25%

: :

:


55.28%

26.29%

9.28%

5.12% 4.03%

SOV

Equity

A1+ / AAA


AAA(CE)

7.96%

12.96%

47.55%

0.00%

4.21%

27.31%

0.00% 10.00% 20.00% 30.00% 40.00% 50.00%

0 - 1 Yrs

1 - 3 Yrs

3 - 7 Yrs

7 - 10 Yrs

Abv 10 Yrs

Cash & Others

100

106

112

118

124

130


Tata Retirement Savings Fund - Reg - Conservative PlanCRISIL Short Term Debt Hybrid 75+25 Fund Index

52.37%

26.29%

13.04%

5.12%2.91% 0.27%


Equity Shares




Zero Coupon Bonds


As on 31st May 2020

INVESTMENT STYLE


DATE OF ALLOTMENTOctober 14, 1995

FUND MANAGER

NAVDirectReg

: 23.978122.2742:

FUND SIZE

Rs. 157.44 (Rs. in Cr.)

TURN OVER


66.75%64.81%

MINIMUM INVESTMENT/ MUL TIPLES FOR NEW INVESTMENTRs. 500/- and in multiples of Rs. 500/- thereafter.

ADDITIONAL INVESTMENT/ MUL TIPLES FOR EXISTING INVESTORSRs. 500/- and in multiples of Rs. 500/- thereafter.LOAD STRUCTURE


PORTFOLIO

14246.38

455.17385.17

1379.89882.99569.16192.48

182.99

329.30254.48

493.38403.24289.91284.02249.52168.77

398.14

388.19351.19230.21

192.44

218.24

542.87

1230.10

90.49

2.892.45

8.765.613.621.22

1.16

2.091.62

3.132.561.841.801.581.07

2.53

2.472.231.46

1.22

1.39

3.45

7.81

77035700

1450002660004650050000

1000

3700053000

2500001960017500860004200046000

24000

450002700044000

80000

80000

10100

84000

1550009600

10400

260007100012500

115000

10125015000

534.13390.84248.57

512.81490.61311.48

635.49

380.8300.44369.36

3.392.481.58

3.263.121.98

4.04

2.421.912.35


Total Amount Invested (Rs.)Total Value as on May 31, 2020 (Rs.)ReturnsTotal Value of B: S&P BSE 200 TRIB: S&P BSE 200 TRITotal Value of AB: S&P BSE Sensex TRIAB: S&P BSE Sensex TRI(Inception date :14-Oct-1995) (First Installment date : 01-Feb-1996)

120,000110,170-15.01%105,862-21.34%105,023-22.56%

360,000319,511-7.63%

322,886-6.97%

334,404-4.75%

600,000565,712-2.32%

612,4650.81%

636,9522.36%

840,000880,829

1.34%984,977

4.49%997,918

4.86%

1,200,0001,489,015

4.23%1,714,774

6.95%1,722,892

7.04%

2,920,00011,682,179

10.05%16,656,717

12.38%16,510,776

12.32%


An equity-oriented scheme that aims to create long term wealth through quality companies providing long term growth opportunities. The debt portion aims to generate regular income through quality debt securities.

The investment objective of the Scheme is to generate long term capital growth. 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 return.


Compulsory Lock-in Option: 5 years or till the child attains age of majority (whichever is earlier). If redeemed before child attains 18 years of age, Exit load is 1% (Effective from May 3, 2018)


NAV Movement

Issuer NameHDFC Bank Ltd.Reliance Industries Ltd.ICICI Bank Ltd.Bharti Airtel Ltd.Kotak Mahindra BankBayer Cropscience Ltd.Cadila Healthcare Ltd.Tata Consultancy Services Ltd.ITC Ltd.Infosys Ltd.Total

% to NAV8.767.885.614.043.623.453.393.263.133.12

46.26

Equity & Equity Related TotalAuto AncillariesMRF Ltd.Balkrishna Industries Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.Kotak Mahindra Bank Ltd.Axis Bank Ltd.Commercial Services3M India Ltd.Consumer DurablesTitan Company Ltd.Voltas Ltd.Consumer Non DurablesITC Ltd.Hindustan Unilever Ltd.Jubilant Foodworks Ltd.Radico Khaitan Ltd.United Spirits Ltd.Tata Consumer Products Ltd.FinanceHousing Development FinanceCorporation Ltd.Muthoot Finance Ltd.ICICI Lombard General Insurance Co. Ltd.HDFC Life Insurance Co. Ltd.GasGujarat Gas Ltd.Healthcare ServicesNarayana Hrudayalaya Ltd.PesticidesBayer Cropscience Ltd.Petroleum ProductsReliance Industries Ltd.

PharmaceuticalsCadila Healthcare Ltd.Dr Reddys Laboratories Ltd.Divi Laboratories Ltd.SoftwareTata Consultancy Services Ltd.Infosys Ltd.Oracle Financials Services Soft Ltd.Telecom - ServicesBharti Airtel Ltd.TransportationContainer Corporation Of India Ltd.Blue Dart Express Ltd.Other Equities^


CRISIL- AAA

CRISIL- AAA

502.69502.69402.37402.37

3.193.192.562.56


% to NAV

Debt InstrumentsNon-Convertible Debentures/Bonds07.90 % India Infradebt Ltd.Privately Placed/Unlisted08.10 % Sbi Cards & PaymentServices Ltd.

534.1515685.59

57.9815743.57


3.3999.630.37

100.00^ Exposure less than 1% has been clubbed under Other Equities

Large Cap

Mid Cap

Small Cap

71.36%

21.10%

7.55%


Company name No. of Shares Market ValueRs. Lakhs

% of Assets

Company name No. of Shares Market ValueRs. Lakhs

% of Assets



18.14-0.090.830.91

-0.55-0.36

20.85-0.021.001.00

-0.12NA

Akhil Mittal (Managing Since 30-Jul-15 and overall experience of 17 years) (Debt), Amey Sathe (Managing Since 20-Apr-20 and overall experience of 12 years) (Equity) & Rahul Singh (Managing Since 20-Apr-20 and overall experience of 23 years) (Equity)


MONTHLY AVERAGE AUM

Rs. 152.74 (Rs. in Cr.)


1.722.52


Tata Young Citizens’ Fund(An open ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier))


Gross Yield to Maturity (For Debt Component)*

- Excluding Net Current Assets


6.03%

:

:




28.69%16.65%

9.11%8.35%

7.45%5.49%5.34%

4.04%3.45%

1.39%0.55%

0.00% 6.00% 12.00% 18.00% 24.00% 30.00% 36.00%


Oil & GasIT

PharmaServices

AutomobileTelecom

Fertilisers & PesticidesHealthcare Services


708294

106118130


Tata Young Citizens Fund - Reg S&P BSE 200 TRI

SCHEME PERFORMANCE

www.tatamutualfund.com TATA MUTUAL FUND 49Note: * Benchmark;# Additional benchmark; Amount in rupees denotes Value of Standard Investment of Rs. 10,000. Refer to page number 58 for disclaimer on scheme performance.

Lumpsum Performance of Open Ended SchemesLumpsum Performance of schemes managed by Abhinav Sharma

Tata Infrastructure FundS&P BSE India

Infrastructure TRI*Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -27.14% 7,293 -37.30% 6,278 -18.62% 8,1433 Year -7.81% 7,836 -13.73% 6,424 1.23% 10,3725 Year -0.43% 9,786 -4.93% 7,765 3.93% 12,126Since Inception 9.84% 42,511 NA NA 11.80% 55,825Inception date: 31-Dec-04 Managing since: 20-Apr-20

Tata Multicap Fund S&P BSE 500 TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -10.61% 8,941 -18.93% 8,112 -17.41% 8,2643 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception -3.28% 9,441 -11.23% 8,139 -8.15% 8,632Inception date: 06-Sep-18 Managing since: 01-Nov-19

Lumpsum Performance of schemes managed by Akhil Mittal

Lumpsum Performance of schemes managed by Amey Sathe


CRISIL Hybrid 35+65 - Aggressive Index*

S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -3.18% 9,683 -6.69% 9,333 -17.41% 8,2643 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 1.48% 10,199 0.96% 10,128 -5.81% 9,232Inception date: 28-Jan-19 Managing since: 09-Jan-19

Tata Dynamic Bond Fund CRISIL CompositeBond Fund Index* Crisil 10 Yr Gilt Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 8.21% 10,819 13.07% 11,303 13.06% 11,3023 Year 6.10% 11,941 8.63% 12,816 7.38% 12,3785 Year 7.15% 14,129 9.14% 15,491 8.29% 14,901Since Inception 6.94% 30,776 7.04% 31,242 6.07% 26,834Inception date: 3-Sep-03 Managing since: 26-Jun-14

Tata TreasuryAdvantage Fund## &

CRISIL Low DurationDebt Index* Crisil 1 Yr T-Bill Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 2.31% 10,230 8.22% 10,819 8.03% 10,8013 Year 5.63% 11,783 7.87% 12,549 7.24% 12,3315 Year 6.65% 13,800 8.12% 14,785 7.21% 14,172Since Inception 7.59% 29,382 7.73% 29,943 6.41% 24,981Inception date: 06-Sep-05 Managing since: 26-Jun-14

The creation of Segregrated Portfolio 1 in the scheme has impacted the NAV of the scheme to the extent of (-1.66% ) of NAV on 14th June 2019; & Abhishek Sonthalia is the Co-Fund Manager since Feb 6, 2020

Tata Income Fund CRISIL Medium to LongTerm Debt Index* Crisil 10 Yr Gilt Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 10.90% 11,086 13.83% 11,379 13.06% 11,3023 Year 6.53% 12,087 8.75% 12,859 7.38% 12,3785 Year 7.33% 14,247 9.29% 15,596 8.29% 14,901Since Inception 8.20% 61,749 10.49% 100,197 NA NAInception date: 28-Apr-97 Managing since: 26-Jun-14

TataYoung Citizens Fund S&P BSE 200 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -12.13% 8,790 -17.90% 8,214 -17.41% 8,2643 Year -3.16% 9,084 0.29% 10,088 2.64% 10,8135 Year 0.99% 10,504 4.11% 12,232 4.48% 12,451Since Inception 11.09% 133,645 11.12% 134,409 11.06% 132,658Inception date: 14-Oct-95 Managing since: 30-Jul-15

(Manages debt portfolio)

Tata Banking AndFinancial Services Fund$

Nifty FinancialServices TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -25.13% 7,493 -29.01% 7,106 -18.62% 8,1433 Year -1.14% 9,663 0.70% 10,212 1.23% 10,3725 Year NA NA NA NA NA NASince Inception 9.48% 14,927 7.97% 14,036 5.75% 12,803Inception date: 28-Dec-15 Managing since: 18-Jun-18

Note: $Amey Sathe is the Assistant Fund Manager

Tata Equity P/E Fund$ S&P BSE Sensex TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -17.58% 8,246 -17.41% 8,264 NA NA3 Year -2.73% 9,203 2.64% 10,813 NA NA5 Year 4.54% 12,489 4.48% 12,451 NA NASince Inception 16.42% 112,660 14.30% 83,976 NA NAInception date: 29-Jun-04 Managing since: 18-Jun-18

Lumpsum Performance of schemes managed by Amit Somani

Tata Money Market Fund Crisil MoneyMarket Index* Crisil 1 Yr T-Bill Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 7.69% 10,767 7.02% 10,700 8.03% 10,8013 Year 5.03% 11,586 7.42% 12,391 7.24% 12,3315 Year 6.02% 13,393 7.50% 14,354 7.21% 14,166Since Inception 6.97% 31,511 7.23% 32,836 6.14% 27,591Inception date: 22-May-03 Managing since: 16-Oct-13

Tata Liquid Fund& Crisil Liquid Fund Index* Crisil 1 Yr T-Bill Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 5.87% 10,589 6.01% 10,603 8.01% 10,8033 Year 6.75% 12,167 6.87% 12,209 7.24% 12,3345 Year 7.07% 14,078 7.09% 14,093 7.21% 14,169Since Inception 7.53% 31,410 7.10% 29,469 6.31% 26,209Inception date: 01-Sep-04 Managing since: 16-Oct-13

&Abhishek Sonthalia is the Co-Fund Manager since Feb 6, 2020


Crisil Ultra Short Term Debt Index*

CRISIL 1 Year T-Bill Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 6.56% 10,654 7.42% 10,740 8.03% 10,8013 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 6.87% 10,938 7.69% 11,053 8.05% 11,102Inception date: 22-Jan-19 Managing since: 11-Jan-19


Tata Young Citizens Fund S&P BSE 200 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -12.13% 8,790 -17.90% 8,214 -17.41% 8,2643 Year -3.16% 9,084 0.29% 10,088 2.64% 10,8135 Year 0.99% 10,504 4.11% 12,232 4.48% 12,451Since Inception 11.09% 133,645 11.12% 134,409 11.06% 132,658Inception date: 14-Oct-95 Managing since: 20-Apr-20

Note: $Amey Sathe is the Assistant Fund Manager

SCHEME PERFORMANCE


Lumpsum Performance of Open Ended SchemesLumpsum Performance of schemes managed by Amit Somani (Contd.)

Tata Small Cap Fund Nifty Smallcap 100 TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -20.88% 7,917 -38.05% 6,203 -18.62% 8,1433 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception -10.32% 8,451 -24.27% 6,509 -4.56% 9,304Inception date: 12-Nov-18 Managing since: 19-Oct-18

Lumpsum Performance of schemes managed by Ennette Fernandes

Tata Ethical Fund Nifty 500 Shariah TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -8.51% 9,151 -6.91% 9,311 -18.62% 8,1433 Year 1.32% 10,401 2.37% 10,727 1.23% 10,3725 Year 2.28% 11,197 6.27% 13,558 3.93% 12,126Since Inception 14.50% 258,623 NA NA 10.80% 117,649Inception date: 24-May-96 Managing since: 20-Apr-20

Tata Retirement SavingsFund - Moderate Plan$

Crisil Hybrid 25+75- Aggressive Index* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -9.54% 9,049 -9.87% 9,016 -17.41% 8,2643 Year 1.99% 10,609 2.87% 10,886 2.64% 10,8135 Year 5.73% 13,216 5.77% 13,241 4.48% 12,451Since Inception 12.59% 27,665 9.56% 21,898 8.96% 20,882Inception date: 01-Nov-11 Managing since: 18-Jun-18

TataIndia Tax Savings Fund$ S&P BSE Sensex TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -20.63% 7,942 -17.41% 8,264 NA NA3 Year -1.56% 9,539 2.64% 10,813 NA NA5 Year 4.42% 12,419 4.48% 12,451 NA NASince Inception 17.19% 462,616 11.57% 141,143 NA NAInception date: 31-Mar-96 Managing since: 18-Jun-18

Tata Retirement SavingsFund - Progressive Plan$ S&P BSE 200 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -10.88% 8,915 -17.90% 8,214 -17.41% 8,2643 Year 1.85% 10,563 0.29% 10,088 2.64% 10,8135 Year 6.59% 13,761 4.11% 12,232 4.48% 12,451Since Inception 11.93% 26,294 9.22% 21,319 8.96% 20,882Inception date: 01-Nov-11 Managing since: 18-Jun-18

Tata Large Cap Fund$ S&P BSE Sensex TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -22.43% 7,762 -17.41% 8,264 NA NA3 Year -2.73% 9,202 2.64% 10,813 NA NA5 Year 1.44% 10,741 4.48% 12,451 NA NASince Inception 18.04% 389,159 11.66% 114,100 NA NAInception date: 07-May-98 Managing since: 18-Jun-18

Note: $Ennette Fernandes is the Assistant Fund Manager

Tata Retirement SavingsFund - Conservative Plan$

CRISIL Short Term DebtHybrid 75+25 Fund Index* Crisil 10 Yr Gilt Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 3.28% 10,327 3.84% 10,383 13.06% 11,3023 Year 4.87% 11,533 6.69% 12,141 7.38% 12,3785 Year 6.72% 13,851 7.71% 14,500 8.29% 14,901Since Inception 8.86% 20,720 9.21% 21,292 8.33% 19,872Inception date: 01-Nov-11 Managing since: 18-Jun-18

TataIndia Consumer Fund$

Nifty IndiaConsumption TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -7.08% 9,294 -2.96% 9,705 -18.62% 8,1433 Year 4.03% 11,258 3.56% 11,106 1.23% 10,3725 Year NA NA NA NA NA NASince Inception 10.33% 15,447 7.15% 13,569 5.75% 12,803Inception date: 28-Dec-15 Managing since: 18-Jun-18

Tata Hybrid Equity FundCrisil Hybrid 25+75- Aggressive Index*

S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -16.34% 8,370 -9.87% 9,016 -17.41% 8,2643 Year -2.43% 9,289 2.87% 10,886 2.64% 10,8135 Year 1.33% 10,686 5.77% 13,241 4.48% 12,451Since Inception 13.93% 249,404 NA NA 11.03% 132,052Inception date: 08-Oct-95 Managing since: 03-Sep-18

(Manages equity portfolio)

TataLarge & Mid Cap Fund

Nifty Large Midcap 250 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -15.07% 8,497 -19.18% 8,086 -17.41% 8,2643 Year -0.43% 9,872 -1.47% 9,565 2.64% 10,8135 Year 3.47% 11,864 4.27% 12,328 4.48% 12,451Since Inception 11.14% 178,117 NA NA 10.94% 169,745Inception date: 25-Feb-93 Managing since: 03-Sep-18

Tata Overnight Fund Crisil Overnight Index*CRISIL 1 Year T-Bill

Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 4.61% 10,462 4.72% 10,473 8.01% 10,8033 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 4.85% 10,575 4.94% 10,585 7.86% 10,935Inception date: 27-Mar-19 Managing since: 25-Mar-19

Lumpsum Performance of schemes managed by Chandraprakash Padiyar

Tata Mid Cap Growth Fund Nifty Midcap 100 TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -14.72% 8,532 -25.24% 7,482 -18.62% 8,1433 Year -1.47% 9,566 -7.89% 7,817 1.23% 10,3725 Year 2.86% 11,513 1.28% 10,657 3.93% 12,126Since Inception 10.85% 144,525 NA NA 9.33% 101,146Inception date: 01-Jul-94 Managing since: 18-Jun-18

SCHEME PERFORMANCE


Lumpsum Performance of Open Ended SchemesLumpsum Performance of schemes managed by Meeta Shetty

TataLarge & Mid Cap Fund

Nifty Large Midcap 250 TRI*

S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.

1 Year -15.07% 8,497 -19.18% 8,086 -17.41% 8,264

3 Year -0.43% 9,872 -1.47% 9,565 2.64% 10,813

5 Year 3.47% 11,864 4.27% 12,328 4.48% 12,451

Since Inception 11.14% 178,117 NA NA 10.94% 169,745

Inception date: 25-Feb-93 Managing since: 01-Nov-19

Tata Digital India Fund S&P BSE IT TRI* S&P BSE Sensex TRI#


1 Year -11.38% 8,865 -8.35% 9,167 -17.41% 8,264

3 Year 13.13% 14,476 13.71% 14,696 2.64% 10,813

5 Year NA NA NA NA NA NA

Since Inception 6.92% 13,443 7.70% 13,883 6.41% 13,163

Inception date: 28-Dec-15 Managing since: 20-Apr-20

Tata India Pharma AndHealthcare Fund

Nifty Pharma TRI* Nifty 50 TRI#


1 Year 27.23% 12,715 16.98% 11,693 -18.62% 8,143

3 Year 9.60% 13,163 3.49% 11,084 1.23% 10,372


Since Inception 2.43% 11,118 -3.95% 8,368 5.75% 12,803

Inception date: 28-Dec-15 Managing since: 20-Apr-20

Lumpsum Performance of schemes managed by Murthy Nagarajan

Tata Equity Savings Fund NIFTYEquity Savings Index* Nifty 50 TRI#


1 Year -4.36% 9,565 -0.99% 9,901 -18.62% 8,143

3 Year 1.62% 10,493 5.42% 11,714 1.23% 10,372

5 Year 3.14% 11,675 6.32% 13,592 3.93% 12,126


Inception date: 27-Apr-00 Managing since: 01-Apr-17


Tata Retirement SavingsFund - Moderate Plan

CRISIL Hybrid 25+75- Aggressive Index* S&P BSE Sensex TRI#


1 Year -9.54% 9,049 -9.87% 9,016 -17.41% 8,264

3 Year 1.99% 10,609 2.87% 10,886 2.64% 10,813

5 Year 5.73% 13,216 5.77% 13,241 4.48% 12,451

Since Inception 12.59% 27,665 9.56% 21,898 8.96% 20,882

Inception date: 01-Nov-11 Managing since: 01-Apr-17

Tata Gilt Securities Fund Crisil Dynamic Gilt Index*

CRISIL 10 Year GiltIndex#


1 Year 12.20% 11,217 13.61% 11,357 13.06% 11,302

3 Year 7.34% 12,366 8.55% 12,788 7.38% 12,378

5 Year 7.97% 14,677 9.00% 15,395 8.29% 14,901

Since Inception 9.08% 60,652 9.34% 63,775 NA NA

Inception date: 06-Sep-99 Managing since: 14-Sep-19

Tata Retirement SavingsFund - Progressive Plan S&P BSE 200 TRI* S&P BSE Sensex TRI#


1 Year -10.88% 8,915 -17.90% 8,214 -17.41% 8,264

3 Year 1.85% 10,563 0.29% 10,088 2.64% 10,813

5 Year 6.59% 13,761 4.11% 12,232 4.48% 12,451

Since Inception 11.93% 26,294 9.22% 21,319 8.96% 20,882



Tata Hybrid Equity Fund CRISIL Hybrid 25+75- Aggressive Index* S&P BSE Sensex TRI#


1 Year -16.34% 8,370 -9.87% 9,016 -17.41% 8,264

3 Year -2.43% 9,289 2.87% 10,886 2.64% 10,813

5 Year 1.33% 10,686 5.77% 13,241 4.48% 12,451


Inception date: 08-Oct-95 Managing since: 01-Apr-17


Tata Short TermBond Fund&

Crisil Short TermBond Fund Index* Crisil 1 Yr T-Bill Index#


1 Year 9.62% 10,960 10.47% 11,044 8.03% 10,801

3 Year 5.37% 11,696 8.17% 12,656 7.24% 12,331

5 Year 6.48% 13,693 8.38% 14,961 7.21% 14,172

Since Inception 7.48% 36,134 7.39% 35,614 6.17% 29,045

Inception date: 08-Aug-02 Managing since: 01-Apr-17&Abhishek Sonthalia is the Co-Fund Manager since Feb 6, 2020

Tata Retirement SavingsFund- Conservative Plan

CRISIL Short Term DebtHybrid 75+25 Fund Index*

CRISIL 10 Year Gilt Index#


1 Year 3.28% 10,327 3.84% 10,383 13.06% 11,302

3 Year 4.87% 11,533 6.69% 12,141 7.38% 12,378

5 Year 6.72% 13,851 7.71% 14,500 8.29% 14,901

Since Inception 8.86% 20,720 9.21% 21,292 8.33% 19,872


TataMedium Term Fund## &

CRISIL Medium TermDebt Index* Crisil 10 Yr Gilt Index#


1 Year -6.72% 9,330 12.48% 11,244 13.06% 11,302

3 Year 0.81% 10,245 8.54% 12,784 7.38% 12,378

5 Year 3.73% 12,012 9.05% 15,428 8.29% 14,901


Inception date: 11-Nov-02 Managing since: 01-Apr-17The creation of Segregrated Portfolio 1 in the scheme has impacted the NAV of the scheme to the extent of (-5.15% ) of NAV on 14th June 2019.&Murthy Nagarajan is the Co-Fund Manager since Feb 6, 2020

SCHEME PERFORMANCE


Lumpsum Performance of Open Ended SchemesLumpsum Performance of schemes managed by Rupesh Patel

Tata Large Cap Fund S&P BSE Sensex TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -22.43% 7,762 -17.41% 8,264 NA NA3 Year -2.73% 9,202 2.64% 10,813 NA NA5 Year 1.44% 10,741 4.48% 12,451 NA NASince Inception 18.04% 389,159 11.66% 114,100 NA NAInception date: 07-May-98 Managing since: 18-Jun-18

TataMid Cap Growth Fund

Nifty Midcap 100 TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -14.72% 8,532 -25.24% 7,482 -18.62% 8,1433 Year -1.47% 9,566 -7.89% 7,817 1.23% 10,3725 Year 2.86% 11,513 1.28% 10,657 3.93% 12,126Since Inception 10.85% 144,525 NA NA 9.33% 101,146Inception date: 01-Jul-94 Managing since: 27-Jun-17

TataIndia Tax Savings Fund

S&P BSE Sensex TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -20.63% 7,942 -17.41% 8,264 NA NA3 Year -1.56% 9,539 2.64% 10,813 NA NA5 Year 4.42% 12,419 4.48% 12,451 NA NASince Inception 17.19% 462,616 11.57% 141,143 NA NAInception date: 31-Mar-96 Managing since: 01-Apr-15

Tata Infrastructure Fund$ S&P BSE IndiaInfrastructure Index TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -27.14% 7,293 -37.30% 6,278 -18.62% 8,1433 Year -7.81% 7,836 -13.73% 6,424 1.23% 10,3725 Year -0.43% 9,786 -4.93% 7,765 3.93% 12,126Since Inception 9.84% 42,511 NA NA 11.80% 55,825Inception date: 31-Dec-04 Managing since: 20-Apr-20

$Rupesh Patel is the co-fund manager

Lumpsum Performance of schemes managed by Sailesh Jain


CRISIL Hybrid 35+65 - Aggressive Index* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -3.18% 9,683 -6.69% 9,333 -17.41% 8,2643 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 1.48% 10,199 0.96% 10,128 -5.81% 9,232Inception date: 28-Jan-19 Managing since: 09-Jan-19

Tata Nifty Exchange Traded Fund Nifty 50 TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -18.72% 8,132 -18.62% 8,143 NA NA3 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception -7.81% 8,918 -7.69% 8,934 NA NAInception date: 01-Jan-19 Managing since: 17-Dec-18

Tata Equity Savings Fund NIFTYEquity Savings Index* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -4.36% 9,565 -0.99% 9,901 -18.62% 8,1433 Year 1.62% 10,493 5.42% 11,714 1.23% 10,3725 Year 3.14% 11,675 6.32% 13,592 3.93% 12,126Since Inception 6.57% 35,927 NA NA 11.50% 89,222Inception date: 27-Apr-00 Managing since: 09-Nov-18

Tata Arbitrage Fund Nifty 50 Arbitrage Index* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 6.76% 10,674 5.05% 10,504 -18.62% 8,1433 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 6.94% 11,019 5.86% 10,859 -7.45% 8,941Inception date: 18-Dec-18 Managing since: 10-Dec-18

Lumpsum Performance of schemes managed by Satish Chandra Mishra


Period Return % Rs. Return % Rs. Return % Rs.1 Year -20.88% 7,917 -38.05% 6,203 -18.62% 8,1433 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception -10.32% 8,451 -24.27% 6,509 -4.56% 9,304Inception date: 12-Nov-18 Managing since: 01-Nov-19

Tata Hybrid Equity Fund Crisil Hybrid 25+75- Aggressive Index* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -16.34% 8,370 -9.87% 9,016 -17.41% 8,2643 Year -2.43% 9,289 2.87% 10,886 2.64% 10,8135 Year 1.33% 10,686 5.77% 13,241 4.48% 12,451Since Inception 13.93% 249,404 NA NA 11.03% 132,052Inception date: 08-Oct-95 Managing since: 01-Nov-19

Tata Resources& Energy Fund Nifty Commodities TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -6.32% 9,370 -24.62% 7,544 -18.62% 8,1433 Year -1.62% 9,522 -6.06% 8,291 1.23% 10,3725 Year NA NA NA NA NA NASince Inception 7.25% 13,626 5.28% 12,552 5.75% 12,803Inception date: 28-Dec-15 Managing since: 20-Apr-20

Tata Ethical Fund$ Nifty 500 Shariah TRI* Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -8.51% 9,151 -6.91% 9,311 -18.62% 8,1433 Year 1.32% 10,401 2.37% 10,727 1.23% 10,3725 Year 2.28% 11,197 6.27% 13,558 3.93% 12,126Since Inception 14.50% 258,623 NA NA 10.80% 117,649Inception date: 24-May-96 Managing since: 20-Apr-20

$Rupesh Patel is the co-fund manager

SCHEME PERFORMANCE


Lumpsum Performance of Open Ended SchemesLumpsum Performance of schemes managed by Sonam Udasi

Tata Multicap Fund S&P BSE 500 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -10.61% 8,941 -18.93% 8,112 -17.41% 8,2643 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception -3.28% 9,441 -11.23% 8,139 -8.15% 8,632Inception date: 06-Sep-18 Managing since: 17-Aug-18


Crisil Hybrid 25+75- Aggressive Index*

S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -9.54% 9,049 -9.87% 9,016 -17.41% 8,2643 Year 1.99% 10,609 2.87% 10,886 2.64% 10,8135 Year 5.73% 13,216 5.77% 13,241 4.48% 12,451Since Inception 12.59% 27,665 9.56% 21,898 8.96% 20,882Inception date: 01-Nov-11 Managing since: 01-Apr-16

Tata Equity P/E Fund S&P BSE Sensex TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -17.58% 8,246 -17.41% 8,264 NA NA3 Year -2.73% 9,203 2.64% 10,813 NA NA5 Year 4.54% 12,489 4.48% 12,451 NA NASince Inception 16.42% 112,660 14.30% 83,976 NA NAInception date: 29-Jun-04 Managing since: 01-Apr-16

Tata Retirement SavingsFund - Progressive Plan S&P BSE 200 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -10.88% 8,915 -17.90% 8,214 -17.41% 8,2643 Year 1.85% 10,563 0.29% 10,088 2.64% 10,8135 Year 6.59% 13,761 4.11% 12,232 4.48% 12,451Since Inception 11.93% 26,294 9.22% 21,319 8.96% 20,882Inception date: 01-Nov-11 Managing since: 01-Apr-16


Tata Index Fund- Nifty Plan Nifty 50 TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -19.12% 8,092 -18.62% 8,143 NA NA3 Year 0.55% 10,165 1.23% 10,372 NA NA5 Year 3.08% 11,639 3.93% 12,126 NA NASince Inception 13.88% 94,383 15.22% 115,411 NA NAInception date: 25-Feb-03 Managing since: 01-Apr-16

Tata Retirement SavingsFund - Conservative Plan


Period Return % Rs. Return % Rs. Return % Rs.1 Year 3.28% 10,327 3.84% 10,383 13.06% 11,3023 Year 4.87% 11,533 6.69% 12,141 7.38% 12,3785 Year 6.72% 13,851 7.71% 14,500 8.29% 14,901Since Inception 8.86% 20,720 9.21% 21,292 8.33% 19,872Inception date: 01-Nov-11 Managing since: 01-Apr-16


Tata Index Fund- Sensex Plan S&P BSE Sensex TRI*

Period Return % Rs. Return % Rs. Return % Rs.1 Year -17.61% 8,243 -17.41% 8,264 NA NA3 Year 2.08% 10,637 2.64% 10,813 NA NA5 Year 3.68% 11,984 4.48% 12,451 NA NASince Inception 13.85% 93,896 15.91% 128,062 NA NAInception date: 25-Feb-03 Managing since: 01-Apr-16

Tata Banking AndFinancial Services Fund

NiftyFinancial Services TRI*

Nifty 50 TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -25.13% 7,493 -29.01% 7,106 -18.62% 8,1433 Year -1.14% 9,663 0.70% 10,212 1.23% 10,3725 Year NA NA NA NA NA NASince Inception 9.48% 14,927 7.97% 14,036 5.75% 12,803Inception date: 28-Dec-15 Managing since: 01-Apr-16



Period Return % Rs. Return % Rs. Return % Rs.1 Year -7.08% 9,294 -2.96% 9,705 -18.62% 8,1433 Year 4.03% 11,258 3.56% 11,106 1.23% 10,3725 Year NA NA NA NA NA NASince Inception 10.33% 15,447 7.15% 13,569 5.75% 12,803Inception date: 28-Dec-15 Managing since: 01-Apr-16


CRISIL Hybrid 35+65 - Aggressive Index* S&P BSE Sensex TRI#


1 Year -3.18% 9,683 -6.69% 9,333 -17.41% 8,264



Since Inception 1.48% 10,199 0.96% 10,128 -5.81% 9,232

Inception date: 28-Jan-19 Managing since: 09-Jan-19

Lumpsum Performance of schemes managed by Rahul Singh

Tata Digital India Fund$ S&P BSE IT TRI* S&P BSE Sensex TRI#


1 Year -11.38% 8,865 -8.35% 9,167 -17.41% 8,264

3 Year 13.13% 14,476 13.71% 14,696 2.64% 10,813


Since Inception 6.92% 13,443 7.70% 13,883 6.41% 13,163

Inception date: 28-Dec-15 Managing since: 20-Apr-20$Rahul Singh is the co-fund manger

Tata Resources & Energy Fund$ Nifty Commodities TRI* Nifty 50 TRI#


1 Year -6.32% 9,370 -24.62% 7,544 -18.62% 8,143

3 Year -1.62% 9,522 -6.06% 8,291 1.23% 10,372


Since Inception 7.25% 13,626 5.28% 12,552 5.75% 12,803

Inception date: 28-Jan-19 Managing since: 20-Apr-20

$Rahul Singh is the co-fund manger

Tata India Pharma And Healthcare Fund$ Nifty Pharma TRI* Nifty 50 TRI#


1 Year 27.23% 12,715 16.98% 11,693 -18.62% 8,143

3 Year 9.60% 13,163 3.49% 11,084 1.23% 10,372


Since Inception 2.43% 11,118 -3.95% 8,368 5.75% 12,803

Inception date: 28-Dec-15 Managing since: 20-Apr-20$Rahul Singh is the co-fund manager

SCHEME PERFORMANCE


Lumpsum Performance of Close Ended SchemesLumpsum Performance of schemes managed by Akhil Mittal

Tata FMP - Series 54- Scheme A

CRISIL CompositeBond Fund Index* Crisil 10 Yr Gilt Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 9.67% 10,964 13.07% 11,303 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 9.61% 12,042 11.79% 12,532 12.49% 12,691Inception date: 21-May-18 Managing since: 11-May-18


Crisil MediumTerm Debt Index*


Period Return % Rs. Return % Rs. Return % Rs.1 Year 9.57% 10,954 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 9.78% 12,002 11.04% 12,274 12.96% 12,693Inception date: 15-Jun-18 Managing since: 07-Jun-18

Tata FMP - Series 53- Scheme B

CRISIL CompositeBond Fund Index*

Crisil 10 Yr Gilt Index#



CRISIL CompositeBond Fund Index* Crisil 10 Yr Gilt Index#


Tata FMP- Series 55 - Scheme F

Crisil Medium TermDebt Index*


Period Return % Rs. Return % Rs. Return % Rs.1 Year 0.29% 10,029 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 2.49% 10,447 11.17% 12,068 13.26% 12,475Inception date: 20-Aug-18 Managing since: 09-Aug-18

Lumpsum Performance of Open Ended SchemesLumpsum Performance of schemes managed by Rahul Singh (Contd.)

Lumpsum Performance of schemes managed by Abhishek Sonthalia

Tata FMP - Series 55- Scheme B



Period Return % Rs. Return % Rs. Return % Rs.1 Year 8.25% 10,823 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 8.83% 11,764 11.09% 12,238 13.23% 12,695Inception date: 28-Jun-18 Managing since: 14-Jun-18

Tata Liquid Fund& Crisil Liquid Fund Index*CRISIL 1 Year T-Bill

Index#


1 Year 5.87% 10,589 6.01% 10,603 8.01% 10,803

3 Year 6.75% 12,167 6.87% 12,209 7.24% 12,334

5 Year 7.07% 14,078 7.09% 14,093 7.21% 14,169

Since Inception 7.53% 31,410 7.10% 29,469 6.31% 26,209

Inception date: 01-Sep-04 Managing since: 06-Feb-20

&Abhishek Sonthalia is the Co-Fund Manager since Feb 6, 2020

Tata Medium Term Fund& Crisil Medium Term Debt Index*



1 Year -6.72% 9,330 12.48% 11,244 13.06% 11,302

3 Year 0.81% 10,245 8.54% 12,784 7.38% 12,378

5 Year 3.73% 12,012 9.05% 15,428 8.29% 14,901


Inception date: 11-Nov-02 Managing since: 06-Feb-20& Murthy Nagarajan is the Co-Fund Manager since Feb 6, 2020

Tata Short Term Bond Fund&

Crisil Short Term Bond Fund Index*



1 Year 9.62% 10,960 10.47% 11,044 8.03% 10,801

3 Year 5.37% 11,696 8.17% 12,656 7.24% 12,331

5 Year 6.48% 13,693 8.38% 14,961 7.21% 14,172

Since Inception 7.48% 36,134 7.39% 35,614 6.17% 29,045

Inception date: 08-Aug-02 Managing since: 06-Feb-20&Abhishek Sonthalia is the Co-Fund Manager since Feb 6, 2020

Tata Treasury Advantage Fund&

Crisil Low Duration Debt Index*



1 Year 2.31% 10,230 8.22% 10,819 8.03% 10,801

3 Year 5.63% 11,783 7.87% 12,549 7.24% 12,331

5 Year 6.65% 13,800 8.12% 14,785 7.21% 14,172

Since Inception 7.59% 29,382 7.73% 29,943 6.41% 24,981

Inception date: 06-Sep-05 Managing since: 06-Feb-20&Abhishek Sonthalia is the Co-Fund Manager since Feb 6, 2020

Tata FMP - Series 55- Scheme D



Period Return % Rs. Return % Rs. Return % Rs.1 Year 8.55% 10,852 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 8.95% 11,719 11.05% 12,139 12.82% 12,499Inception date: 24-Jul-18 Managing since: 16-Jul-18

Tata FMP - Series 55- Scheme E



Period Return % Rs. Return % Rs. Return % Rs.1 Year 0.46% 10,046 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 2.75% 10,509 11.09% 12,125 12.90% 12,491Inception date: 30-Jul-18 Managing since: 20-Jul-18

Tata Young Citizens Fund$ S&P BSE 200 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -12.13% 8,790 -17.90% 8,214 -17.41% 8,2643 Year -3.16% 9,084 0.29% 10,088 2.64% 10,8135 Year 0.99% 10,504 4.11% 12,232 4.48% 12,451Since Inception 11.09% 133,645 11.12% 134,409 11.06% 132,658Inception date: 14-Oct-95 Managing since: 20-Apr-20

$Rahul Singh is the co-fund manager

SCHEME PERFORMANCE


Lumpsum Performance of Close Ended SchemesLumpsum Performance of schemes managed by Akhil Mittal (contd.)

Tata FMP - Series 56 - Scheme D

Crisil Medium Term Debt Index*

CRISIL 10 YearGilt Index#

Period Return % Rs. Return % Rs. Return % Rs.1 Year 9.80% 10,977 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 10.56% 11,743 12.28% 12,036 14.11% 12,352Inception date: 23-Oct-18 Managing since: 12-Oct-18

Tata FMP -Series 56 - Scheme C



Period Return % Rs. Return % Rs. Return % Rs.1 Year 9.90% 10,987 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 10.85% 11,832 12.30% 12,085 14.41% 12,459Inception date: 11-Oct-18 Managing since: 03-Oct-18

SIP Performance of Open Ended Schemes

TataInfrastructure Fund

S&P BSE IndiaInfrastructure TRI* Nifty 50 TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.

1 Year 120,000 -31.07% 99,010 -35.85% 95,527 -22.33% 105,177

3 Year 360,000 -14.93% 283,725 -22.79% 248,259 -6.03% 327,748

5 Year 600,000 -6.04% 514,489 -11.73% 444,466 1.33% 620,548

Since Inception 1,840,000 4.70% 2,675,231 -0.03% 1,457,412 8.65% 3,726,750

Inception date: 31-Dec-04 First Installment date: 01-Feb-05 Managing since: 20-Apr-20



1 Year 120,000 -15.89% 109,578 -22.23% 105,248 -22.56% 105,023

3 Year NA NA NA NA NA NA NA


Since Inception 200,000 -8.85% 184,755 -14.86% 174,506 -13.49% 176,827

Inception date: 06-Sep-18 First Installment date: 01-Oct-18 Managing since: 01-Nov-19

SIP Performance of schemes managed by Akhil Mittal

Tata Treasury Advantage Fund##

CRISIL Low DurationDebt Index*

Crisil 1 Yr T-BillIndex#


1 Year 120,000 7.37% 124,649 8.22% 125,180 8.52% 125,364

3 Year 360,000 5.27% 389,900 8.23% 407,382 7.79% 404,725

5 Year 600,000 5.91% 696,435 8.05% 734,637 7.33% 721,540

Since Inception 1,760,000 7.51% 3,143,207 8.05% 3,285,050 6.88% 2,990,403

Inception date: 06-Sep-05 First Installment date: 01-Oct-05 Managing since: 26-Jun-14

SIP Performance of schemes managed by Abhinav Sharma

TataValue Fund Series - 2 S&P BSE 200 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -14.77% 8,527 -17.90% 8,214 -17.41% 8,2643 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception -9.97% 8,259 -8.77% 8,460 -6.77% 8,801Inception date: 03-Aug-18 Managing since: 13-Jul-18

TataValue Fund Series - 1 S&P BSE 200 TRI* S&P BSE Sensex TRI#

Period Return % Rs. Return % Rs. Return % Rs.1 Year -15.17% 8,486 -17.90% 8,214 -17.41% 8,2643 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception -8.80% 8,416 -6.19% 8,873 -4.86% 9,110Inception date: 16-Jul-18 Managing since: 22-Jun-18

Lumpsum Performance of schemes managed by Sonam Udasi



S&P BSE Sensex TRI#


1 Year 120,000 -3.39% 117,827 -8.51% 114,489 -22.56% 105,023



Since Inception 160,000 -1.70% 158,094 -5.79% 153,506 -17.66% 140,053

Inception date: 28-Jan-19 First Installment date: 01-Feb-19 Managing since: 09-Jan-19

Tata FMP -Series 56 - Scheme A



Period Return % Rs. Return % Rs. Return % Rs.1 Year 9.94% 10,991 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 10.82% 11,883 12.42% 12,173 14.83% 12,615Inception date: 24-Sep-18 Managing since: 12-Sep-18

Tata FMP -Series 56 - Scheme B




Tata FMP- Series 55 - Scheme G



Period Return % Rs. Return % Rs. Return % Rs.1 Year 9.80% 10,977 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 9.96% 11,811 11.26% 12,058 13.58% 12,501Inception date: 28-Aug-18 Managing since: 14-Aug-18

Tata FMP -Series 55 - Scheme I




Tata FMP - Series 56 - Scheme F



Period Return % Rs. Return % Rs. Return % Rs.1 Year 10.40% 11,037 12.48% 11,244 13.06% 11,3023 Year NA NA NA NA NA NA5 Year NA NA NA NA NA NASince Inception 11.18% 11,727 12.25% 11,899 13.75% 12,139Inception date: 27-Nov-18 Managing since: 19-Nov-18

SCHEME PERFORMANCE


SIP Performance of schemes managed by Akhil Mittal (contd.)

TataDynamic Bond Fund

CRISIL Composite Bond Fund Index*

Crisil 10 Yr GiltIndex#


1 Year 120,000 9.40% 125,915 13.70% 128,567 12.80% 128,015

3 Year 360,000 7.48% 402,885 10.90% 423,563 10.74% 422,608

5 Year 600,000 7.07% 716,851 9.57% 762,942 8.89% 750,061

Since Inception 2,000,000 7.45% 3,873,436 8.19% 4,149,414 7.23% 3,791,992

Inception date: 03-Sep-03 First Installment date: 01-Oct-03 Managing since: 26-Jun-14

Tata Income FundCRISIL Medium to

Long Term Debt Index*Crisil 10 Yr Gilt

Index#


1 Year 120,000 11.36% 127,126 14.57% 129,103 12.80% 128,015

3 Year 360,000 8.52% 409,073 11.12% 424,913 10.74% 422,608

5 Year 600,000 7.55% 725,510 9.73% 765,906 8.89% 750,061

Since Inception 2,740,000 7.35% 6,874,442 9.32% 8,981,898 7.11% 4,597,061

Inception date: 28-Apr-97 First Installment date: 01-Aug-97 Managing since: 26-Jun-14


Crisil Ultra Short Term Debt Index*



1 Year 120,000 6.43% 124,066 7.33% 124,628 8.52% 125,364



Since Inception 160,000 6.57% 167,330 7.46% 168,319 8.29% 169,237

Inception date: 22-Jan-19 First Installment date: 01-Feb-19 Managing since: 11-Jan-19

TataYoung Citizens Fund S&P BSE 200 TRI*

S&P BSE Sensex TRI#


1 Year 120,000 -15.01% 110,170 -21.34% 105,862 -22.56% 105,023

3 Year 360,000 -7.63% 319,511 -6.97% 322,886 -4.75% 334,404

5 Year 600,000 -2.32% 565,712 0.81% 612,465 2.36% 636,952

Since Inception 2,920,000 10.05% 11,682,179 12.38% 16,656,717 12.32% 16,510,776

Inception date: 14-Oct-95 First Installment date: 01-Feb-96 Managing since: 30-Jul-15

SIP Performance of schemes managed by Amey Sathe

Tata Banking andFinancial Services Fund



1 Year 120,000 -35.82% 95,553 -41.17% 91,553 -22.33% 105,177

3 Year 360,000 -10.60% 304,612 -10.43% 305,445 -6.03% 327,748


Since Inception 530,000 -0.98% 518,479 -0.19% 527,775 0.27% 533,270

Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 18-Jun-18

TataEquity P/E Fund

S&P BSE Sensex TRI*


1 Year 120,000 -19.58% 107,069 -22.56% 105,023 NA NA

3 Year 360,000 -9.63% 309,428 -4.75% 334,404 NA NA

5 Year 600,000 -0.07% 598,911 2.36% 636,952 NA NA

Since Inception 1,910,000 12.28% 5,535,901 9.64% 4,355,333 NA NA

Inception date: 29-Jun-04 First Installment date: 01-Jul-04 Managing since: 18-Jun-18

TataHybrid Equity Fund


S&P BSE Sensex TRI#


1 Year 120,000 -20.08% 106,729 -12.14% 112,093 -22.56% 105,023

3 Year 360,000 -7.30% 321,201 -1.84% 349,934 -4.75% 334,404

5 Year 600,000 -1.85% 572,490 3.57% 656,651 2.36% 636,952

Since Inception 2,920,000 14.38% 22,734,702 11.15% 6,641,800 12.33% 16,521,239

Inception date: 08-Oct-95 First Installment date: 01-Feb-96 Managing since: 03-Sep-18

SIP Performance of schemes managed by Chandraprakash Padiyar



S&P BSE Sensex TRI#


1 Year 120,000 -20.54% 106,413 -22.31% 105,196 -22.56% 105,023

3 Year 360,000 -5.78% 329,020 -9.37% 310,728 -4.75% 334,404

5 Year 600,000 0.32% 604,949 -0.46% 593,045 2.36% 636,952

Since Inception 2,370,000 15.24% 13,185,788 9.57% 3,950,420 12.64% 9,635,128

Inception date: 25-Feb-93 First Installment date: 01-Mar-93 Managing since: 03-Sep-18

Tata Overnight Fund Crisil Overnight Index*



1 Year 120,000 4.15% 122,675 4.25% 122,735 8.46% 125,418



Since Inception 140,000 4.31% 143,750 4.41% 143,835 8.34% 147,227

Inception date: 27-Mar-19 First Installment date: 01-Apr-19 Managing since: 25-Mar-19

Tata Young Citizens Fund S&P BSE 200 TRI* S&P BSE Sensex

TRI#


1 Year 120,000 -15.01% 110,170 -21.34% 105,862 -22.56% 105,023

3 Year 360,000 -7.63% 319,511 -6.97% 322,886 -4.75% 334,404

5 Year 600,000 -2.32% 565,712 0.81% 612,465 2.36% 636,952

Since Inception 2,920,000 10.05% 11,682,179 12.38% 16,656,717 12.32% 16,510,776

Inception date: 14-Oct-95 First Installment date: 01-Feb-96 Managing since: 20-Apr-20

TataMoney Market Fund

Crisil MoneyMarket Index*

Crisil 1Yr T-Bill Index#


1 Year 120,000 7.94% 125,008 6.92% 124,369 8.52% 125,364

3 Year 360,000 5.50% 391,245 7.45% 402,696 7.79% 404,751

5 Year 600,000 5.57% 690,398 7.41% 723,053 7.33% 721,644

Since Inception 2,040,000 7.10% 3,874,867 7.67% 4,093,783 7.33% 3,729,304

Inception date: 22-May-03 First Installment date: 01-Jun-03 Managing since: 16-Oct-13

Tata Liquid Fund Crisil Liquid FundIndex*

Crisil 1 Yr T-BillIndex#


1 Year 120,000 5.72% 123,677 5.75% 123,695 8.46% 125,418

3 Year 360,000 6.55% 397,559 6.68% 398,331 7.77% 404,864

5 Year 600,000 6.77% 711,926 6.86% 713,441 7.32% 721,814

Since Inception 1,880,000 7.68% 3,558,166 7.42% 3,479,205 7.61% 3,301,207

Inception date: 01-Sep-04 First Installment date: 01-Oct-04 Managing since: 16-Oct-13

SIP Performance of schemes managed by Amit Somani

SCHEME PERFORMANCE


SIP Performance of schemes managed by Chandraprakash Padiyar (Contd.)

Tata Ethical FundNifty 500 Shariah

TRI* Nifty 50 TRI#


1 Year 120,000 -9.87% 113,593 -5.67% 116,343 -22.33% 105,177

3 Year 360,000 -3.81% 339,363 -2.45% 346,629 -6.03% 327,748

5 Year 600,000 0.53% 608,083 3.59% 656,998 1.33% 620,548

Since Inception 2,850,000 15.67% 25,488,397 9.75% 3,215,947 11.97% 14,577,724

Inception date: 24-May-96 First Installment date: 01-Sep-96 Managing since: 20-Apr-20


Nifty IndiaConsumption TRI*

Nifty 50 TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -12.53% 111,831 -3.45% 117,785 -22.33% 105,1773 Year 360,000 -5.27% 331,677 -1.15% 353,695 -6.03% 327,7485 Year NA NA NA NA NA NA NASince Inception 530,000 3.61% 574,469 3.63% 574,735 0.27% 533,270Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 18-Jun-18


S&P BSE Sensex TRI*

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -26.84% 102,028 -22.56% 105,023 NA NA3 Year 360,000 -9.47% 310,230 -4.75% 334,404 NA NA5 Year 600,000 -0.62% 590,683 2.36% 636,952 NA NASince Inception 2,790,000 16.41% 26,433,045 12.43% 14,676,561 NA NAInception date: 31-Mar-96 First Installment date: 01-Jul-96 Managing since: 18-Jun-18

Tata Large Cap FundS&P BSE Sensex

TRI*

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -28.18% 101,080 -22.56% 105,023 NA NA3 Year 360,000 -10.08% 307,151 -4.75% 334,404 NA NA5 Year 600,000 -2.54% 562,476 2.36% 636,952 NA NASince Inception 2,640,000 15.16% 18,230,053 12.62% 12,851,217 NA NAInception date: 07-May-98 First Installment date: 01-Jun-98 Managing since: 18-Jun-18




1 Year 120,000 -18.91% 107,532 -27.59% 101,501 -22.33% 105,177

3 Year 360,000 -7.28% 321,266 -16.34% 277,110 -6.03% 327,748

5 Year 600,000 -0.36% 594,479 -6.15% 512,988 1.33% 620,548

Since Inception 1,950,000 12.25% 5,912,564 9.45% 4,408,173 9.43% 4,502,858

Inception date: 01-Jul-94 First Installment date: 01-Jul-94 Managing since: 18-Jun-18

Tata Retirement Savings Fund- Moderate Plan


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -11.55% 112,484 -12.14% 112,093 -22.56% 105,0233 Year 360,000 -3.30% 342,094 -1.84% 349,934 -4.75% 334,4045 Year 600,000 3.27% 651,603 3.57% 656,651 2.36% 636,952Since Inception 1,020,000 9.87% 1,567,829 7.66% 1,422,445 6.66% 1,361,408Inception date: 01-Nov-11 First Installment date: 01-Dec-11 Managing since: 18-Jun-18

Tata Retirement Savings Fund - Progressive Plan S&P BSE 200 TRI* S&P BSE Sensex

TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -15.42% 109,898 -21.34% 105,862 -22.56% 105,0233 Year 360,000 -4.67% 334,836 -6.97% 322,886 -4.75% 334,4045 Year 600,000 3.25% 651,349 0.81% 612,465 2.36% 636,952Since Inception 1,020,000 9.36% 1,533,017 6.53% 1,353,893 6.66% 1,361,408Inception date: 01-Nov-11 First Installment date: 01-Dec-11 Managing since: 18-Jun-18

Tata Retirement Savings Fund - Conservative Plan

CRISIL Short Term Debt Hybrid 75+25 Fund Index*


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 3.03% 121,927 3.65% 122,316 12.80% 128,0153 Year 360,000 4.18% 383,573 5.95% 393,825 10.74% 422,6085 Year 600,000 5.95% 697,080 7.20% 719,228 8.89% 750,061Since Inception 1,020,000 7.93% 1,439,423 8.51% 1,476,755 8.45% 1,473,001Inception date: 01-Nov-11 First Installment date: 01-Dec-11 Managing since: 18-Jun-18

SIP Performance of schemes managed by Meeta Shetty

Tata Digital India Fund S&P BSE IT TRI* S&P BSE Sensex

TRI#


1 Year 120,000 -13.56% 111,145 -8.88% 114,249 -22.56% 105,023

3 Year 360,000 1.98% 371,022 5.86% 393,335 -4.75% 334,404


Since Inception 530,000 6.14% 607,512 8.42% 638,673 1.46% 547,562

Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 20-Apr-20

Tata Large &Mid Cap Fund


S&P BSE Sensex TRI#


1 Year 120,000 -20.54% 106,413 -22.31% 105,196 -22.56% 105,023

3 Year 360,000 -5.78% 329,020 -9.37% 310,728 -4.75% 334,404

5 Year 600,000 0.32% 604,949 -0.46% 593,045 2.36% 636,952

Since Inception 2,370,000 15.24% 13,185,788 9.57% 3,950,420 12.64% 9,635,128

Inception date: 25-Feb-93 First Installment date: 01-Mar-93 Managing since: 01-Nov-19

Tata India PharmaAnd Healthcare Fund Nifty Pharma TRI* Nifty 50 TRI#


1 Year 120,000 42.68% 145,754 46.37% 147,863 -22.33% 105,177

3 Year 360,000 15.27% 451,062 8.05% 406,291 -6.03% 327,748


Since Inception 530,000 9.38% 652,250 2.48% 560,248 0.27% 533,270

Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 20-Apr-20

Tata Small Cap Fund Nifty Smallcap 100 TRI*

Nifty 50 TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -25.54% 102,944 -41.79% 91,081 -22.33% 105,1773 Year NA NA NA NA NA NA NA5 Year NA NA NA NA NA NA NASince Inception 180,000 -19.52% 152,531 -35.89% 129,470 -15.92% 157,592Inception date: 12-Nov-18 First Installment date: 01-Dec-18 Managing since: 19-Oct-18

SIP Performance of schemes managed by Ennette Fernandes

SCHEME PERFORMANCE


SIP Performance of schemes managed by Murthy Nagarajan

TataEquity Savings Fund

NIFTY Equity Savings Index*

Nifty 50 TRI#


1 Year 120,000 -5.92% 116,181 -1.82% 118,833 -22.33% 105,177

3 Year 360,000 0.08% 360,449 3.49% 379,595 -6.03% 327,748

5 Year 600,000 2.22% 634,577 5.63% 691,451 1.33% 620,548

Since Inception 2,410,000 5.63% 4,401,597 7.98% 3,453,795 12.04% 9,337,528

Inception date: 27-Apr-00 First Installment date: 01-May-00 Managing since: 01-Apr-17

TataGilt Securities Fund

Crisil DynamicGilt Index*

CRISIL 10Year Gilt Index#


1 Year 120,000 12.20% 127,644 14.64% 129,146 12.80% 128,015

3 Year 360,000 10% 418,082 11.44% 426,873 10.74% 422,608

5 Year 600,000 8.61% 744,972 9.68% 765,077 8.89% 750,061

Since Inception 2,480,000 7.86% 6,008,626 8.42% 6,428,342 7.11% 4,598,012

Inception date: 06-Sep-99 First Installment date: 01-Oct-99 Managing since: 14-Sep-19




1 Year 120,000 -11.55% 112,484 -12.14% 112,093 -22.56% 105,023

3 Year 360,000 -3.30% 342,094 -1.84% 349,934 -4.75% 334,404

5 Year 600,000 3.27% 651,603 3.57% 656,651 2.36% 636,952

Since Inception 1,020,000 9.87% 1,567,829 7.66% 1,422,445 6.66% 1,361,408

Inception date: 01-Nov-11 First Installment date: 01-Dec-11 Managing since: 01-Apr-17

Tata Retirement SavingsFund - Progressive Plan

S&P BSE 200 TRI* S&P BSE Sensex TRI#


1 Year 120,000 -15.42% 109,898 -21.34% 105,862 -22.56% 105,023

3 Year 360,000 -4.67% 334,836 -6.97% 322,886 -4.75% 334,404

5 Year 600,000 3.25% 651,349 0.81% 612,465 2.36% 636,952

Since Inception 1,020,000 9.36% 1,533,017 6.53% 1,353,893 6.66% 1,361,408




S&P BSE Sensex TRI#


1 Year 120,000 -20.08% 106,729 -12.14% 112,093 -22.56% 105,023

3 Year 360,000 -7.30% 321,201 -1.84% 349,934 -4.75% 334,404

5 Year 600,000 -1.85% 572,490 3.57% 656,651 2.36% 636,952

Since Inception 2,920,000 14.38% 22,734,702 11.15% 6,641,800 12.33% 16,521,239

Inception date: 08-Oct-95 First Installment date: 01-Feb-96 Managing since: 01-Apr-17

Tata Retirement SavingsFund - Conservative Plan



1 Year 120,000 3.03% 121,927 3.65% 122,316 12.80% 128,015

3 Year 360,000 4.18% 383,573 5.95% 393,825 10.74% 422,608

5 Year 600,000 5.95% 697,080 7.20% 719,228 8.89% 750,061

Since Inception 1,020,000 7.93% 1,439,423 8.51% 1,476,755 8.45% 1,473,001


Tata Medium Term Fund## &




1 Year 120,000 7.95% 125,010 13.25% 128,292 12.80% 128,015

3 Year 360,000 0.04% 360,211 10.27% 419,677 10.74% 422,608

5 Year 600,000 1.80% 627,936 9.30% 757,787 8.89% 750,061

Since Inception 2,090,000 5.49% 3,456,263 9.11% 4,031,071 7.12% 4,048,087

Inception date: 11-Nov-02 First Installment date: 01-Jan-03 Managing since: 01-Apr-17

Tata Short TermBond Fund

Crisil Short TermBond Fund Index* Crisil 1 Yr T-Bill Index#


1 Year 120,000 9.99% 126,277 10.91% 126,851 8.52% 125,364

3 Year 360,000 6.65% 397,954 9.35% 414,098 7.79% 404,725

5 Year 600,000 6.24% 702,135 8.61% 745,009 7.33% 721,540

Since Inception 2,130,000 7.54% 4,359,110 8.02% 4,576,920 6.63% 3,981,523

Inception date: 08-Aug-02 First Installment date: 01-Sep-02 Managing since: 01-Apr-17

SIP Performance of schemes managed by Rupesh Patel

Tata Ethical Fund Nifty 500 Shariah TRI* Nifty 50 TRI#


1 Year 120,000 -9.87% 113,593 -5.67% 116,343 -22.33% 105,177

3 Year 360,000 -3.81% 339,363 -2.45% 346,629 -6.03% 327,748

5 Year 600,000 0.53% 608,083 3.59% 656,998 1.33% 620,548

Since Inception 2,850,000 15.67% 25,488,397 9.75% 3,215,947 11.97% 14,577,724

Inception date: 24-May-96 First Installment date: 01-Sep-96 Managing since: 20-Apr-20

Tata Large Cap Fund S&P BSE Sensex TRI*


1 Year 120,000 -28.18% 101,080 -22.56% 105,023 NA NA

3 Year 360,000 -10.08% 307,151 -4.75% 334,404 NA NA

5 Year 600,000 -2.54% 562,476 2.36% 636,952 NA NA


Inception date: 07-May-98 First Installment date: 01-Jun-98 Managing since: 18-Jun-18


S&P BSE Sensex TRI*


1 Year 120,000 -26.84% 102,028 -22.56% 105,023 NA NA

3 Year 360,000 -9.47% 310,230 -4.75% 334,404 NA NA

5 Year 600,000 -0.62% 590,683 2.36% 636,952 NA NA


Inception date: 31-Mar-96 First Installment date: 01-Jul-96 Managing since: 01-Apr-15




1 Year 120,000 -18.91% 107,532 -27.59% 101,501 -22.33% 105,177

3 Year 360,000 -7.28% 321,266 -16.34% 277,110 -6.03% 327,748

5 Year 600,000 -0.36% 594,479 -6.15% 512,988 1.33% 620,548

Since Inception 1,950,000 12.25% 5,912,564 9.45% 4,408,173 9.43% 4,502,858

Inception date: 01-Jul-94 First Installment date: 01-Jul-94 Managing since: 27-Jun-17

TataInfrastructure Fund

S&P BSE India Infrastructure TRI* Nifty 50 TRI#


1 Year 120,000 -31.07% 99,010 -35.85% 95,527 -22.33% 105,177

3 Year 360,000 -14.93% 283,725 -22.79% 248,259 -6.03% 327,748

5 Year 600,000 -6.04% 514,489 -11.73% 444,466 1.33% 620,548

Since Inception 1,840,000 4.70% 2,675,231 -0.03% 1,457,412 8.65% 3,726,750

Inception date: 31-Dec-04 First Installment date: 01-Feb-05 Managing since: 20-Apr-20

SCHEME PERFORMANCE


SIP Performance of schemes managed by Sailesh Jain

Tata Arbitrage FundNifty 50 Arbitrage

Index*Nifty 50 TRI#


1 Year 120,000 7.53% 124,757 4.46% 122,829 -22.33% 105,1773 Year NA NA NA NA NA NA NA5 Year NA NA NA NA NA NA NASince Inception 170,000 7.31% 179,209 5.11% 176,434 -16.90% 148,631Inception date: 18-Dec-18 First Installment date: 01-Jan-19 Managing since: 10-Dec-18

TataEquity Savings Fund

NIFTY Equity Savings Index* Nifty 50 TRI#


1 Year 120,000 -5.92% 116,181 -1.82% 118,833 -22.33% 105,1773 Year 360,000 0.08% 360,449 3.49% 379,595 -6.03% 327,7485 Year 600,000 2.22% 634,577 5.63% 691,451 1.33% 620,548Since Inception 2,410,000 5.63% 4,401,597 7.98% 3,453,795 12.04% 9,337,528Inception date: 27-Apr-00 First Installment date: 01-May-00 Managing since: 09-Nov-18

Tata Nifty Exchange Traded Fund

Nifty 50 TRI*


1 Year 120,000 -22.57% 105,012 -22.33% 105,177 NA NA3 Year NA NA NA NA NA NA NA5 Year NA NA NA NA NA NA NASince Inception 160,000 -18.15% 139,499 -17.97% 139,697 NA NAInception date: 01-Jan-19 First Installment date: 01-Feb-19 Managing since: 17-Dec-18

SIP Performance of schemes managed by Satish Chandra Mishra



S&P BSE Sensex TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -20.08% 106,729 -12.14% 112,093 -22.56% 105,0233 Year 360,000 -7.30% 321,201 -1.84% 349,934 -4.75% 334,4045 Year 600,000 -1.85% 572,490 3.57% 656,651 2.36% 636,952Since Inception 2,920,000 14.38% 22,734,702 11.15% 6,641,800 12.33% 16,521,239Inception date: 08-Oct-95 First Installment date: 01-Feb-96 Managing since: 01-Nov-19


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -25.54% 102,944 -41.79% 91,081 -22.33% 105,1773 Year NA NA NA NA NA NA NA5 Year NA NA NA NA NA NA NASince Inception 180,000 -19.52% 152,531 -35.89% 129,470 -15.92% 157,592Inception date: 12-Nov-18 First Installment date: 01-Dec-18 Managing since: 01-Nov-19



S&P BSE Sensex TRI#


1 Year 120,000 -3.39% 117,827 -8.51% 114,489 -22.56% 105,0233 Year NA NA NA NA NA NA NA5 Year NA NA NA NA NA NA NASince Inception 160,000 -1.70% 158,094 -5.79% 153,506 -17.66% 140,053Inception date: 28-Jan-19 First Installment date: 01-Feb-19 Managing since: 09-Jan-19

Tata Resources &Energy Fund

Nifty Commodities TRI* Nifty 50 TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -3% 118,074 -20.85% 106,200 -22.33% 105,1773 Year 360,000 -2.92% 344,122 -12.98% 292,984 -6.03% 327,7485 Year NA NA NA NA NA NA NASince Inception 530,000 0.89% 540,615 -5.22% 471,098 0.27% 533,270Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 20-Apr-20

SIP Performance of schemes managed by Sonam Udasi

Tata Banking AndFinancial Services Fund


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -35.82% 95,553 -41.17% 91,553 -22.33% 105,1773 Year 360,000 -10.60% 304,612 -10.43% 305,445 -6.03% 327,7485 Year NA NA NA NA NA NA NASince Inception 530,000 -0.98% 518,479 -0.19% 527,775 0.27% 533,270Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 01-Apr-16

Tata Equity P/E Fund S&P BSE Sensex TRI*

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -19.58% 107,069 -22.56% 105,023 NA NA3 Year 360,000 -9.63% 309,428 -4.75% 334,404 NA NA5 Year 600,000 -0.07% 598,911 2.36% 636,952 NA NASince Inception 1,910,000 12.28% 5,535,901 9.64% 4,355,333 NA NAInception date: 29-Jun-04 First Installment date: 01-Jul-04 Managing since: 01-Apr-16

Tata Index Fund- Nifty Plan Nifty 50 TRI*

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -23.09% 104,656 -22.33% 105,177 NA NA3 Year 360,000 -6.68% 324,389 -6.03% 327,748 NA NA5 Year 600,000 0.51% 607,843 1.33% 620,548 NA NASince Inception 2,060,000 9.19% 4,826,481 10.49% 5,486,530 NA NAInception date: 25-Feb-03 First Installment date: 01-Apr-03 Managing since: 01-Apr-16

Tata Index Fund- Sensex Plan

S&P BSE Sensex TRI*

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -22.92% 104,771 -22.56% 105,023 NA NA3 Year 360,000 -5.20% 332,043 -4.75% 334,404 NA NA5 Year 600,000 1.69% 626,178 2.36% 636,952 NA NASince Inception 2,060,000 9.14% 4,804,615 11.01% 5,774,456 NA NAInception date: 25-Feb-03 First Installment date: 01-Apr-03 Managing since: 01-Apr-16

Tata IndiaConsumer Fund


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -12.53% 111,831 -3.45% 117,785 -22.33% 105,1773 Year 360,000 -5.27% 331,677 -1.15% 353,695 -6.03% 327,7485 Year NA NA NA NA NA NA NASince Inception 530,000 3.61% 574,469 3.63% 574,735 0.27% 533,270Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 01-Apr-16


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -15.89% 109,578 -22.23% 105,248 -22.56% 105,0233 Year NA NA NA NA NA NA NA5 Year NA NA NA NA NA NA NASince Inception 200,000 -8.85% 184,755 -14.86% 174,506 -13.49% 176,827Inception date: 06-Sep-18 First Installment date: 01-Oct-18 Managing since: 17-Aug-18

SCHEME PERFORMANCE


SIP Performance of schemes managed by Sonam Udasi (contd.)

Tata Retirement Savings Fund - Conservative Plan

CRISIL Short Term DebtHybrid 75+25 Fund Index*


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 3.03% 121,927 3.65% 122,316 12.80% 128,0153 Year 360,000 4.18% 383,573 5.95% 393,825 10.74% 422,6085 Year 600,000 5.95% 697,080 7.20% 719,228 8.89% 750,061Since Inception 1,020,000 7.93% 1,439,423 8.51% 1,476,755 8.45% 1,473,001Inception date: 01-Nov-11 First Installment date: 01-Dec-11 Managing since: 01-Apr-16

Tata Liquid FundCrisil Liquid Fund

Index*CRISIL 1 Year T-Bill

Index#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 5.72% 123,677 5.75% 123,695 8.46% 125,4183 Year 360,000 6.55% 397,559 6.68% 398,331 7.77% 404,8645 Year 600,000 6.77% 711,926 6.86% 713,441 7.32% 721,814Since Inception 1,880,000 7.68% 3,558,166 7.42% 3,479,205 7.61% 3,301,207Inception date: 01-Sep-04 First Installment date: 01-Oct-04 Managing since: 06-Feb-20



S&P BSE Sensex TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -3.39% 117,827 -8.51% 114,489 -22.56% 105,0233 Year NA NA NA NA NA NA NA5 Year NA NA NA NA NA NA NASince Inception 160,000 -1.70% 158,094 -5.79% 153,506 -17.66% 140,053Inception date: 28-Jan-19 First Installment date: 01-Feb-19 Managing since: 09-Jan-19

Tata Resources & Energy Fund

Nifty Commodities TRI* Nifty 50 TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -3% 118,074 -20.85% 106,200 -22.33% 105,1773 Year 360,000 -2.92% 344,122 -12.98% 292,984 -6.03% 327,7485 Year NA NA NA NA NA NA NASince Inception 530,000 0.89% 540,615 -5.22% 471,098 0.27% 533,270Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 20-Apr-20

SIP Performance of schemes managed by Rahul Singh

Tata Medium Term Fund


CRISIL 10 Year Gilt Indexa

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 7.95% 125,010 13.25% 128,292 12.80% 128,0153 Year 360,000 0.04% 360,211 10.27% 419,677 10.74% 422,6085 Year 600,000 1.80% 627,936 9.30% 757,787 8.89% 750,061Since Inception 2,090,000 5.49% 3,456,263 9.11% 4,031,071 7.12% 4,048,087Inception date: 11-Nov-02 First Installment date: 01-Jan-03 Managing since: 06-Feb-20

Tata Retirement Savings Fund - Moderate Plan


S&P BSE Sensex TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -11.55% 112,484 -12.14% 112,093 -22.56% 105,0233 Year 360,000 -3.30% 342,094 -1.84% 349,934 -4.75% 334,4045 Year 600,000 3.27% 651,603 3.57% 656,651 2.36% 636,952Since Inception 1,020,000 9.87% 1,567,829 7.66% 1,422,445 6.66% 1,361,408Inception date: 01-Nov-11 First Installment date: 01-Dec-11 Managing since: 01-Apr-16

Tata Short Term Bond Fund

Crisil Short Term Bond Fund Index*


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 9.99% 126,277 10.91% 126,851 8.52% 125,3643 Year 360,000 6.65% 397,954 9.35% 414,098 7.79% 404,7255 Year 600,000 6.24% 702,135 8.61% 745,009 7.33% 721,540Since Inception 2,130,000 7.54% 4,359,110 8.02% 4,576,920 6.63% 3,981,523Inception date: 08-Aug-02 First Installment date: 01-Sep-02 Managing since: 06-Feb-20

Tata Retirement Savings Fund - Progressive Plan

S&P BSE 200 TRI* S&P BSE Sensex TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -15.42% 109,898 -21.34% 105,862 -22.56% 105,0233 Year 360,000 -4.67% 334,836 -6.97% 322,886 -4.75% 334,4045 Year 600,000 3.25% 651,349 0.81% 612,465 2.36% 636,952Since Inception 1,020,000 9.36% 1,533,017 6.53% 1,353,893 6.66% 1,361,408Inception date: 01-Nov-11 First Installment date: 01-Dec-11 Managing since: 01-Apr-16

Tata Treasury Advantage Fund

Crisil Low Duration Debt Index*


Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 7.37% 124,649 8.22% 125,180 8.52% 125,3643 Year 360,000 5.27% 389,900 8.23% 407,382 7.79% 404,7255 Year 600,000 5.91% 696,435 8.05% 734,637 7.33% 721,540Since Inception 1,760,000 7.51% 3,143,207 8.05% 3,285,050 6.88% 2,990,403Inception date: 06-Sep-05 First Installment date: 01-Oct-05 Managing since: 06-Feb-20

SIP Performance of schemes managed by Abhishek Sonthalia


S&P BSE IT TRI*S&P BSE Sensex

TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -13.56% 111,145 -8.88% 114,249 -22.56% 105,0233 Year 360,000 1.98% 371,022 5.86% 393,335 -4.75% 334,4045 Year NA NA NA NA NA NA NASince Inception 530,000 6.14% 607,512 8.42% 638,673 1.46% 547,562Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 20-Apr-20

Tata India Pharma And Healthcare Fund Nifty Pharma TRI* Nifty 50 TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 42.68% 145,754 46.37% 147,863 -22.33% 105,1773 Year 360,000 15.27% 451,062 8.05% 406,291 -6.03% 327,7485 Year NA NA NA NA NA NA NASince Inception 530,000 9.38% 652,250 2.48% 560,248 0.27% 533,270Inception date: 28-Dec-15 First Installment date: 01-Jan-16 Managing since: 20-Apr-20

Tata Young Citizens Fund S&P BSE 200 TRI* S&P BSE Sensex

TRI#

Period Amt. Invested Return % Rs. Return % Rs. Return % Rs.1 Year 120,000 -15.01% 110,170 -21.34% 105,862 -22.56% 105,0233 Year 360,000 -7.63% 319,511 -6.97% 322,886 -4.75% 334,4045 Year 600,000 -2.32% 565,712 0.81% 612,465 2.36% 636,952Since Inception 2,920,000 10.05% 11,682,179 12.38% 16,656,717 12.32% 16,510,776Inception date: 14-Oct-95 First Installment date: 01-Feb-96 Managing since: 20-Apr-20


SCHEME PERFORMANCE

Scheme NameScheme Name Index Name Since Inception

Tata Large & Mid Cap Fund - Reg - Growth S&P BSE Sensex TRIAs TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 25-Feb-1993 to date 19-Aug-1996 and TRI values since date 19-Aug-1996

Tata Hybrid Equity Fund - Reg - Growth S&P BSE Sensex TRIAs TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 06-Oct-1995 to date 19-Aug-1996 and TRI values since date 19-Aug-1996

Tata Young Citizens Fund - Reg S&P BSE 200 TRIAs TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE 200 PRI values from date 13-Oct-1995 to date 01-Aug-2006 and TRI values since date 01-Aug-2006

Tata Ethical Fund - Reg - Growth Nifty 50 TRIAs TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from date 24-May-1996 to date 30-Jun-1999 and TRI values since date 30-Jun-1999

Tata India Tax Savings Fund - Reg - Dividend S&P BSE Sensex TRIAs TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from date 29-Mar-1996 to date 19-Aug-1996 and TRI values since date 19-Aug-1996

Tata Mid Cap Growth Fund - Reg - Dividend Nifty 50 TRIAs TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from date 01-Jul-1994 to date 30-Jun-1999 and TRI values since date 30-Jun-1999

• The Std. Dev., Sharpe Ratio, Jensen’s Alpha, Treynor, Portfolio Beta & R-squared are based on one month return calculated using last 3 years data.•

Price/Earning Ratio, Price/Book Value Ratio, are based on the historical earnings and accounting numbers, and have been computed only for the invested portion of the portfolio.

• Portfolio turnover has been computed as the ratio of the lower value of average purchase and average sales to the average net assets in the past one year (For schemes that have not completed one year, since

inception is considered)• Cash & Cash Equivalents includes CBLO, REPO, Fixed Deposits and Cash & Bank Balance.

Past performance may or may not be sustained in future.• After payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if any. (Unit face value - ` 10/-).• Pursuant to allotment of bonus units, the NAV of the scheme would fall in proportion to the bonus units allotted & as a result the total value of units held by investor would remain the same.

$-ICRA’s mutual fund rating methodology is based on evaluating the inherent credit quality of the fund’s portfolio. As a measure of the credit quality of a debt fund’s assets. ICRA uses the concept of ‘credit scores’. These scores are based on ICRA’s estimates of credit risk associated with each exposure of the portfolio taking into account its maturity. To quantify the credit risk scores, ICRA uses its database of historical default rates for various rating categories for various maturity buckets. The credit risk ratings incorporate ICRA’s assessment of a debt fund’s published investment objectives and policies, its management characteristics, and the creditworthiness of its investment portfolio. ICRA reviews relevant fund information on an ongoing basis to support its published rating opinions. If the portfolio credit score meets the benchmark of the assigned rating during the review, the rating is retained. In an event that the benchmark credit score is breached, ICRA gives a month’s time to the debt fund manager to bring the portfolio credit score within the benchmark credit score. If the debt fund manager is able to reduce the portfolio credit score within the benchmark credit score, the rating is retained. If the portfoliostill continues to breach the benchmark credit score, the rating is revised to reflect the change in credit quality.

Disclaimer:

1) Scheme returns in terms of CAGR are provided for past 1 year, 3 years, 5 years and since inception.

2) Point-to-point returns on a standard investment of Rs. 10,000/- are in addition to CAGR for the schemes.

3) Different plans shall have a different expense structure. The performance details provided herein are of regular plan growth option except for Tata India Tax Savings Fund , TATA Mid Cap Growth Fund & TATA Equity Savings Fund where performance details given is for regular plan dividend option.

4 ) NA stands for schemes in existance for more than 1 year but less than 3 years or 5 years, or instances where benchmark data for for corresponding period not available. 5) Period for which schemes performance has been provided is computed basis last day of the month - ended preceding the date of adversiment. 6) Past performance may or may not be sustained in future. For computation of since inception returns the allotment NAV has been taken as Rs. 10.00 (Except for Tata Liquid Fund, Tata Treasury Advantage Fund, Tata Corporate Bond Fund & Tata Money Market Fund where NAV is taken as Rs. 1,000). *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Load is not considered for computation of returns. While calculating returns dividend distribution tax is excluded. Schemes in existence for less than 1 year, performance details for the same are not provided.

7) For Benchmark Indices Calculations , Total Return Index(TRI) has been used. Where ever TRI not available Composite CAGR has been disclosed .Please refer Disclaimer sheet for composite CAGR disclosure

8) ##The Scheme Returns are inclusive of the impact of Segregation of portfolio in the respective schemes.

NA - data are not available for the period

62

DIVIDEND / BONUS HISTORY



(Before 30th September 2009)

Date of Declaration of dividend Dividend p.u. (`) on Face Value of ` 10

Reg. Reg. NAV Direct Direct NAV

23-09-2004 0.50 11.444925-03-2008 0.50 31.1969

(After Split under Dividend Option w.e.f. 1st Oct. 2009 - Dividend Trigger Option A (5%))

26-11-2009 1.80 39.853515-01-2010 1.50 41.214827-08-2010 1.50 41.042603-09-2010 1.00 40.427611-10-2010 1.75 43.092510-01-2011 1.75 38.162713-04-2011 1.50 36.978911-07-2011 1.50 34.372408-11-2011 1.25 30.713620-01-2012 1.00 27.937316-04-2012 1.00 29.145211-07-2012 1.00 27.399812-10-2012 0.40 28.660411-01-2013 0.50 29.9969 0.50 30.001428-05-2013 0.50 27.0385 0.50 27.093230-09-2013 0.25 24.9834 0.25 25.100224-10-2013 0.32 26.5125 0.32 26.649110-01-2014 0.35 27.7315 0.35 27.922509-04-201411-07-201416-10-201412-01-201517-04-201511-07-201617-08-201614-10-201603-11-201608-02-201715-02-201713-04-201721-07-201717-10-201718-01-2018

0.350.400.500.500.600.60

2.42

1.101.201.201.251.35

31.135238.298040.464946.116247.364448.8502

53.5858

53.202357.424959.321562.445163.2670

0.350.400.500.500.600.602.50

1.051.06

1.201.201.251.35

31.405538.298040.983446.790048.153250.043252.7728

52.130954.3130

57.940360.002263.316364.3214

(After Split under Dividend Option w.e.f. 1st Oct. 2009 - Dividend Trigger Option B (10%))

15-01-2010 3.00 43.170327-08-2010 1.50 41.502311-10-2010 3.50 44.682513-04-2011 3.00 38.589802-02-2012 2.25 32.122316-04-2012 2.00 30.79530-08-2012 1.00 28.129412-10-2012 0.80 29.361928-01-2013 0.80 30.1694 0.80 30.177309-04-2014 0.75 32.8529 0.75 33.122329-05-201411-07-201420-10-201412-01-201501-08-201613-02-201701-05-201707-11-2017

0.800.950.951.004.753.051.101.20

37.361139.090441.109146.607151.190451.8642

54.5858*58.7785

0.800.950.951.004.603.051.101.20

37.709939.496941.641045.917652.371453.5812

56.6123*61.3106



27-04-2005 1.50 16.762617-01-2006 1.00 21.908501-06-2007 3.00 31.581617-04-2009 2.00 22.965609-07-2010 2.00 38.293602-03-2012 2.50 35.784922-02-2013 3.00 37.1119 3.00 37.134227-01-201419-01-201518-03-201617-02-201716-02-2018

2.004.003.353.704.00

36.771449.591142.665046.086349.3188

2.004.002.154.004.00

37.029650.292144.139649.953654.3209

02-12-2004 2.00 17.362025-03-2004 1.50 15.173807-01-2004 2.00 17.763303-12-2003 1.50 17.510230-09-2003 2.50 16.1903

www.tatamutualfund.com TATA MUTUAL FUND

Tata Large Cap Fund

15-06-1999 1.60 14.393130-12-1999 10.00 24.81319-07-2000 2.00 14.2437

*as on 28 April, 2017




15-06-1999 2.00 16.89114-01-2000 2.00 41.49210-12-2003 1.00 23.97720-10-2005 10.10 40.192314-12-2007 3.00 63.722804-09-2009 3.00 44.4002

22-01-2010 5.00 46.98123-12-2011 2.00 41.071108-02-2012 1.50 43.244503-12-2012 1.50 47.443923-12-201319-12-201406-02-201526-02-201617-03-201721-03-201825-03-201925-03-2020

2.002.752.859.009.00

10.0010.003.70

48.718168.675070.707361.835172.385873.961267.097543.2975

2.00

2.009.007.501.00

48.9612

69.009692.820099.055097.3232

Bonus HistoryBonus Units in March’ 2000 01:01

Bonus HistoryBonus Units in March’ 2000 01:02

Tata Ethical Fund



09-08-1999 1.00 13.398507-03-2000 2.50 29.709323-01-2004 1.50 16.660217-11-2006 2.50 41.843220-07-2007 2.00 49.394121-09-2007 4.00 49.7288

31-07-2009 2.00 36.70722-10-2010 5.00 50.587326-04-2012 2.00 40.100607-12-2012 1.00 44.87721-03-201405-12-201430-12-201529-12-201725-01-2019

3.005.504.756.355.50

52.613668.559166.838280.254767.4621

104.154993.4907

3.005.50

63



www.tatamutualfund.com TATA MUTUAL FUND

Dividend Option



15-02-2012 3.00 53.687705-03-2013 5.50 56.8898 5.50 56.934221-03-201413-02-201508-03-201610-02-201709-02-201815-03-201920-03-2020

3.258.605.756.306.755.854.95

58.746187.081967.025079.102280.761674.856245.5456

3.258.605.756.306.755.854.95

59.276788.317268.481981.316184.321179.789749.5874

24-04-2009 1.00 32.522719-03-2010 3.00 50.937

13-07-2007 2.00 42.753307-12-2007 1.00 52.4219


15-07-1999 1.25 12.902703-04-2000 2.50 20.006209-09-2003 1.25 19.008411-03-2004 1.50 22.669112-01-2005 3.00 24.755401-12-2006 4.00 40.5078


Monthly Dividend Option






13-09-2010 0.5173 53.163808-10-201012-11-201010-12-201014-01-201111-02-201111-03-201108-04-201113-05-201110-06-201108-07-201112-08-201109-09-201114-10-201111-11-201109-12-201113-01-201210-02-201209-03-201213-04-201211-05-201208-06-201213-07-201210-08-201214-09-201212-10-201209-11-201214-12-2012

0.5329 53.95290.5482 54.01930.5300 50.83910.5135 49.19850.4804 46.22260.4697 46.62440.4835 48.80050.4705 47.99530.4770 47.49980.4795 48.15930.8000 45.50270.8000 44.52550.2500 43.6410.3000 43.71910.3000 41.60130.3000 41.41990.3000 44.15510.3000 44.34620.3000 43.97820.3000 42.27650.3000 42.68310.3000 44.16810.3000 44.55140.3000 45.76620.3500 46.84670.3500 46.64360.3500 47.8167

13-08-2010 0.1000 51.3412

03-07-201305-08-201304-09-201303-10-201305-11-201304-12-201306-01-2014

0.3500 44.5114 0.3500 44.64940.3500 42.8851 0.3500 43.07350.2500 41.9112 0.2500 42.16070.2500 44.5623 0.2500 44.85670.2300 46.0275 0.2300 46.30880.2000 45.7847 0.2000 46.08230.2500 47.1149 0.2500 47.5278

05-02-201405-03-201403-04-201405-05-201404-06-201403-07-201405-08-201403-09-201430-09-201403-11-201403-12-201405-01-201504-02-201503-03-201501-04-201505-05-201503-06-201503-07-201505-08-201503-09-201501-10-201503-11-201509-12-2015

0.2000 45.4166 0.2000 45.84040.2000 47.378 0.2000 47.84590.2500 49.2444 0.2500 49.74250.2500 49.7024 0.2500 50.23740.30000.30000.30000.35000.30000.30000.30000.30000.30000.47000.48000.46000.46000.45000.46000.46000.44000.45000.4300

55.811359.410558.793761.484561.792863.573566.869867.005869.815972.646071.505768.995167.639069.175770.708966.604567.102166.687764.1480

0.30000.30000.30000.35000.30000.30000.30000.30000.30000.47000.48000.46000.46000.45000.46000.46000.44000.45000.4300

56.436760.118459.535762.284862.625464.460467.829468.001370.884873.783072.661570.144068.792870.401371.993667.840068.360467.969665.4071

04-01-201603-02-201601-03-2016

0.41000.39000.3900

65.562461.775759.3893

0.41000.39000.3900

66.867363.027560.6055

14-01-201308-02-201305-03-201303-04-201303-05-201305-06-2013

0.3500 48.4127 0.3500 48.44040.3500 46.4548 0.3500 46.49360.3500 45.3818 0.3500 45.43220.3500 44.7321 0.3500 44.73210.3500 45.7388 0.3500 45.83460.3500 46.1426 0.3500 46.2644

04-04-201603-05-201602-06-201604-07-201604-08-201601-09-201607-10-201603-11-201609-12-201606-01-201707-02-201710-03-201717-04-201705-05-201702-06-201707-07-201704-08-201708-09-201706-10-201703-11-201730-11-201710-01-201805-02-201805-03-201803-04-201804-05-201804-06-201804-07-201806-08-201804-09-201804-10-201801-11-201804-12-201803-01-201904-02-201905-03-201904-04-2019

0.41000.42000.42000.40000.42000.44000.49000.49000.46000.45000.47000.47000.46000.46000.46000.46000.47000.46000.45000.46000.46000.70000.72000.67000.64000.67000.65000.65000.65000.65000.62000.60000.60000.60000.60000.57000.4000

62.749562.858564.461465.910667.854468.940169.314367.365264.829164.102766.898565.941468.347168.718468.828668.795969.885668.745468.210769.924268.502370.542768.449666.099565.674666.053864.416463.474964.860464.412159.608959.077760.638359.577358.748358.211960.0092

0.41000.42000.42000.40000.42000.44000.49000.49000.46000.45000.47000.47000.46000.46000.46000.46000.47000.46000.45000.46000.46000.70000.72000.67000.64000.67000.65000.65000.65000.65000.62000.60000.60000.60000.60000.57000.4000

64.058164.192165.850967.355769.368370.526270.990069.059266.537565.853868.797867.883670.441870.873171.054471.117472.344471.287170.829172.710771.328673.597671.527169.192368.873069.395067.795166.919368.509768.152963.187962.734864.518663.502562.740062.281564.3178




Tata Infrastructure Fund



07-07-2005 0.45 11.42310-11-2006 1.50 22.0409-03-2007 2.00 19.054614-09-2007 2.00 24.072611-03-2008 1.00 24.678725-09-2009 1.00 30.998423-03-201009-03-201511-03-201603-03-201723-02-2018

0.602.301.752.252.50

1.752.502.50

22.287129.967522.993727.294930.6214

25.263730.382134.2323

Tata Large & Mid Cap Fund (Data provided since 2005)



11-05-2005 1.00 15.818329-11-2005 1.00 20.13520-03-2006 5.00 25.229912-04-2006 1.00 21.12905-05-2006 1.00 21.437529-06-2007 1.00 23.304930-11-2007 1.00 31.151726-06-2009 1.50 18.997426-03-2010 2.00 24.174722-06-2010 0.50 22.075730-09-2010 1.00 23.989931-12-2010 0.50 22.491

Tata Equity Savings Fund (Data provided since 2008)




16-01-2008 0.0468 12.195514-02-2008 0.0452 11.996217-03-2008 0.0499 11.87315-04-2008 0.0452 11.891115-05-2008 0.0468 11.919316-06-2008 0.0499 11.7853

15-01-2009 0.0595 12.028416-02-2009 0.0384 11.863816-03-2009 0.0336 11.92415-04-2009 0.0432 12.310114-05-2009 0.0418 12.278115-06-2009 0.0614 12.444616-07-2009 0.0447 12.438714-08-2009 0.0557 12.397415-09-2009 0.0614 12.415614-10-2009 0.0418 12.347816-11-2009 0.0475 12.426715-12-2009 0.0418 12.39615-01-2010 0.0447 12.487815-02-2010 0.0447 12.317115-03-2010 0.0403 12.280915-04-2010 0.0448 12.334914-05-2010 0.0419 12.326615-06-2010 0.0462 12.322915-07-2010 0.0505 12.334816-08-2010 0.0462 12.27215-09-2010 0.0433 12.332914-10-2010 0.0419 12.30515-11-2010 0.0400 12.309415-12-2010 0.0433 12.169717-01-2011 0.0400 12.133515-02-2011 0.0419 12.0581

14-11-2008 0.0230 11.399915-12-2008 0.0595 12.004

29-10-2008 0.0187 11.290114-10-2008 0.0348 11.4095

18-08-2008 0.0515 11.652315-09-2008 0.0336 11.6441

13-03-201815-06-2018

1.4000.9500

33.373831.5371

1.40000.9500

42.342540.5604

1.40 44.3907

12-02-201620-01-201715-12-2017

2.352.501.40

27.740031.497435.3947

23-03-2012 1.00 19.954507-03-201430-01-2015

1.202.75

24.058834.9030

1.202.75

24.206235.4231

Tata Mid Cap Growth FundDate of Declaration of dividend Dividend p.u. (`) on Face Value of ` 10


16-09-2004 0.80 13.921125-08-2006 2.00 24.546523-03-2007 10.00 26.73116-11-2007 2.00 25.276321-12-2007 3.00 23.546114-05-2010 2.00 18.405528-11-201321-11-201430-12-201521-12-201718-01-2019

1.002.752.503.803.20

19.35834.788136.385449.187239.0353

1.00

0.253.803.20

19.4794

40.450559.137148.0546

15-03-2012 0.042 12.181716-04-2012 0.0463 12.226315-05-2012 0.042 12.187915-06-2012 0.0449 12.243716-07-2012 0.0449 12.319216-08-2012 0.0449 12.39817-09-2012 0.0463 12.502115-10-2012 0.0405 12.620415-11-2012 0.0449 12.620517-12-2012 0.0463 12.749315-01-2013 0.056 12.9512

15-12-2011 0.0434 11.970016-01-2012 0.0463 12.035615-02-2012 0.0434 12.2860

17-10-2011 0.0463 11.902415-11-2011 0.042 11.8737

15-09-2011 0.058 12.002316-08-2011 0.0463 12.0332

16-06-2011 0.0434 11.91315-07-2011 0.0434 12.0924

15-03-2011 0.0337 11.99615-04-2011 0.0598 12.102616-05-2011 0.0449 11.9725




03-05-201903-06-201904-07-201905-08-201903-09-201903-10-201904-11-201904-12-201903-01-202003-02-202003-03-202023-04-202006-05-2020

0.40000.41000.41000.40000.40000.40000.40000.40000.40000.40000.40000.20000.2000

60.262361.964861.099756.966656.039657.432159.100959.471459.028857.372555.422947.515846.8170

0.40000.41000.41000.40000.40000.40000.40000.40000.40000.40000.40000.20000.2000

64.669266.581065.738461.376660.457962.045663.940464.429464.037362.329360.294151.774351.0494







15-05-2014 0.0513 12.839112-06-201415-07-201412-08-201415-09-201416-10-201413-11-201414-01-201512-02-201512-03-201515-04-201514-05-201512-06-201515-07-201507-10-201603-11-201609-12-201606-01-201707-02-201710-03-201717-04-201705-05-201702-06-201707-07-201704-08-201708-09-201706-10-201703-11-201730-11-201710-01-201805-02-201805-03-201803-04-201804-05-201804-06-2018

0.04780.05630.04780.05810.05090.04460.04780.04620.04460.05410.04590.04590.05220.10000.10000.10000.10000.10000.10000.07500.07500.07500.08500.08500.08500.08500.08500.08500.08500.09000.09000.08200.08300.0830

13.141313.082713.060213.254813.292713.522613.842214.027114.042114.041313.844113.673013.825314.728014.611214.490814.430014.562114.471614.625914.647714.601814.600614.581414.553614.484714.435814.378014.409214.227314.118214.095614.096413.9992

0.04780.05630.04780.05810.05090.04460.04780.04620.04460.05410.04590.04590.05220.10000.10000.10000.10000.10000.1000

0.07500.08500.08500.08500.0850

0.09000.08200.08300.0830

13.143013.094

13.079213.281313.330413.570413.905814.101414.126114.122213.934313.767313.928115.032314.932014.827814.780214.932114.8550

15.180615.196015.193515.183915.1268

15.168915.167915.189015.1041

12-03-2014 0.0461 12.669415-04-2014 0.0581 12.6933

13-02-2014 0.0496 12.551115-01-2014 0.0513 12.7377

14-02-2013 0.058 12.856914-03-2013 0.0541 12.821115-04-2013 0.0523 12.801315-05-2013 0.0576 13.169514-06-2013 0.0513 13.057115-07-2013 0.0529 12.969416-08-2013 0.0546 12.406616-09-2013 0.0529 12.564115-10-2013 0.0496 12.7097

Quarterly Dividend Option

Date of Declaration of dividend


16-12-201617-03-201715-06-2017

0.30000.30000.2200

14.663014.776314.8165

0.30000.30000.2200

15.405815.574115.6701

Dividend p.u. (`) on Face Value of ` 10

Tata Young Citizens’ FundBonus History

Bonus Units in March’ 1999 01:03Bonus Units in March’ 2000 01:02Bonus Units in Nov’ 2003 01:04Bonus Units in Nov’ 2007 01:02Bonus Units in Nov’ 2010 01:03Bonus Units in Nov’ 2011 01:05

Tata Banking & Financial Services FundDate of Declaration of dividend Dividend p.u. (`) on Face Value of ` 10


19-01-2018 1.40 17.5941

Tata India Consumer FundDate of Declaration of dividend Dividend p.u. (`) on Face Value of ` 10


19-01-2018 1.45 18.0181

Tata Resources & Energy FundDate of Declaration of dividend Dividend p.u. (`) on Face Value of ` 10


19-01-2018 1.30 16.0031

Tata Arbitrage FundDate of Declaration of dividend Dividend p.u. (`) on Face Value of ` 10


19-06-201922-07-201916-08-201919-09-201922-10-201920-11-201920-12-201921-01-202018-02-202020-03-2020

0.03000.03000.04000.04000.04000.04000.05000.04000.06000.1000

10.344810.372110.392710.402510.410310.416910.422410.411410.421010.4373

0.03000.03000.04000.04000.04000.04000.05000.04000.06000.1000

10.379110.414110.440410.458410.474310.487910.500510.497210.513410.5376

04-07-201806-08-201804-09-201804-10-201801-11-201804-12-201803-01-201904-02-201905-03-201904-04-201903-05-201903-06-201904-07-201905-08-201903-09-201903-10-201904-11-201904-12-201903-01-202003-02-202003-03-202023-04-202006-05-2020

0.08300.08300.08300.08000.08000.08000.08000.08000.08000.08000.08000.08100.08100.07000.07000.07000.07000.07000.07000.07000.07000.04000.0420

13.889714.091914.082313.437613.414313.624213.521913.531013.524513.759713.728313.931213.894313.462213.368113.484913.690813.712913.714313.575913.411712.568012.4994

0.08300.08300.08300.0800

0.08000.08000.08000.08000.08000.08000.08100.08100.07000.07000.07000.07000.07000.07000.07000.0700

15.004015.242015.249914.5698

14.892214.800414.829814.844615.123515.109715.355115.337114.882514.798414.948615.199015.245015.268015.135814.9729


HOW TO READ A FACT SHEET

SCHEDULE 3

Fund Manager: An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount for Fresh Subscription: This is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional Amount: This is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield to Maturity: The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

SIP: SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years.

NAV: The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Benchmark: A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.

Entry Load: A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent.

Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs 101.

Exit Load: Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is reduced from the prevailing NAV at the time of redemption The investor will receive redemption proceeds at net value of NAV less Exit Load. For instance, if the NAV is Rs 100 and the exit load is 1%, the investor will receive Rs 99.

Modified Duration: Modified duration is the price sensitivity and the percentage change in price for a unit change in yield.

Standard Deviation: Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe Ratio: The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

Beta: Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

AUM: AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Holdings: The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature of Scheme: The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating Profile: Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

R-Squared: R-squared measures the relationship between a portfolio and its benchmark. It is simply a measure of the correlation of the portfolio’s returns to the benchmark’s returns.

Treynor Ratio: Treynor Ratio is a measurement of efficiency utilizing the relationship between annualized risk-adjusted return and risk. Unlike Sharpe Ratio, Treynor Ratio utilizes “market” risk (beta) instead of tatal risk (standard deviation).

Jensen Alpha: A measure of the difference between a fund’s actual returns and its expected performance, given its level of risk as measured by beta. Jensen’s Alpha is equivalent to the alpha derived from regressing the same or portfolio’s returns in excess of the risk free rate against the market return in excess of the risk free rate.

Documents

Fact Sheet - May 2020 - Cover › portal › 25_FACT_CBOL.pdf · MARKET OUTLOOK Equity Debt 6 7 EQUITY Tata Large Cap Fund Tata Multicap Fund Tata Large & Mid Cap Fund Tata Equity