Introduction To Tata Capitals
Tata Asset Management Ltd. (TAML), a part of the prestigious Tata Group, was established in 1994 and manages Tata Mutual Fund. The company focuses on providing diverse investment options, including hybrid, equity, and fixed income funds, tailored to investors' risk appetites and financial goals. TAML is built on three core principles: performance, service, and trust, with a vision to enhance investors' quality of life by securing their financial futures. As of March 31, 2024, TAML had an asset under management (AuM) of ₹147,169.65 crores, and as of September 30, 2024, this figure rose to ₹171,079.39 crores, holding 2.55% of the industry's AUM. The company offers around 62 schemes, including 38 equity schemes, 7 hybrid schemes, and 13 debt schemes. TAML has received numerous awards, such as the Best Value/Contra Fund for Tata Equity P/E Fund and Best Low Duration Debt Fund for Tata Treasury Advantage Fund. Registered with SEBI, TAML also operates as a portfolio manager and a Foreign Institutional Investor through Tata Asset Management (Mauritius) Private Ltd. Tata Sons Ltd. holds 67.91% of the company, while Tata Investment Corporation Ltd. owns the remaining shares. With over 29 years of experience in investment management, TAML has established itself as one of India’s leading asset management companies, providing tailored solutions and advisory services for investors at various life stages and risk profiles. Its commitment to risk management and ethical practices has earned it a strong reputation in the market.
Key Information
Mutual Fund Name | Tata Mutual Fund |
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Asset Managemnt Company Name | Tata Asset Management Ltd. |
Setup Date | June 30, 1995 |
Incorporation Date | March 15, 1994 |
Headquarters | Mumbai, Maharashtra, India |
CEO | Mr. Prathit Bhobe |
Investors Relations Officer | Ms. Kashmira Kalwachawla |
Total AUM (as of September 30, 2024) | Rs. 67,09,259 Crores |