- Mutual Funds
- TATA Mutual Fund
- Tata Money Market Fund High Investment Plan (RIDCW-M)
Formerly Tata Money Market High Invst Mn DR
Tata Money Market Fund High Investment Plan (RIDCW-M)
₹ 1019.7583
NAV (Jan 28)
Money Market Funds invest in money market instruments with maturity upto 1 year.
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1019.7583
NAV (Jan 28)
Fund Returns
Last 1Y | 5.6% |
Last 3Y | 6.3% |
Last 5Y | 6.5% |
Last 10Y | 6% |
Since Inception | 5.6% |
6 Month CAGR | 2.4% |
Scheme Information
The investment objective is to generate returns with reasonable liquidity to the unitholders by investing in money market instruments.
Expense Ratio | 0.4 |
Launched (21y ago) | Apr 09, 2003 |
AUM in Crores | 14015.195 |
ISIN | INF277K01LP9 |
Lock-in | No Lock-in |
Benchmark | CRISIL Money Market B-I TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 1000000 |
Standard Deviation (3yr) | 0.3 |
Standard Deviation (5yr) | 0.3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -12.314 |
Sharpe Ratio (5yr) | -9.006 |
YTM | 7.67 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Tata Money Market Fund High Investment Plan (RIDCW-M) | 8,56,981 | 1,24,369 | 6.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
net current liabilities
13.3%punjab national bank
5%india (republic of)
4.9%lic housing finance ltd.
4.8%icici securities limited
4.7%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Tata Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
30.7% | 25.3% | ||
12.7% | 12.8% | ||
20.4% | 18.3% | ||
5.8% | 6.7% | ||
5.1% | 4.7% |
Tata Money Market Fund High Investment Plan (RIDCW-M) Review
Tata Money Market Fund High Investment Plan (RIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 5.6% over a period of 21 years. The fund was previously known as Tata Money Market High Invst Mn DR. The fund is managed by Tata Asset Management Limited. The fund manager’s name is Amit Somani.
Nav of Tata Money Market Fund High Investment Plan (RIDCW-M) as of 1/28/2016 is ₹1019.76 with the total AUM as of 4/18/2024 is ₹14015.195. With Scripbox you can compare and check the latest nav for all mutual funds in India. Tata Money Market Fund High Investment Plan (RIDCW-M) was launched on Apr 09, 2003. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Tata Money Market Fund High Investment Plan (RIDCW-M) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹1000000. Check your estimated returns on mutual funds by using sip calculator.
Tata Money Market Fund High Investment Plan (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Money Market B-I TR INR.
Tata Money Market Fund High Investment Plan (RIDCW-M) is rated as a 4 fund in Debt and delivered 5.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Tata Money Market Fund High Investment Plan (RIDCW-M).
Frequently Asked Questions
What is Tata Money Market Fund High Investment Plan (RIDCW-M)?
How to invest in Tata Money Market Fund High Investment Plan (RIDCW-M)?
You can invest in Tata Money Market Fund High Investment Plan (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Tata Money Market Fund High Investment Plan (RIDCW-M)?
The minimum sip amount for Tata Money Market Fund High Investment Plan (RIDCW-M) is ₹0. You can invest in multiples of ₹1000000.
Is Tata Money Market Fund High Investment Plan (RIDCW-M) good to invest in?
As per Scripbox experts, Tata Money Market Fund High Investment Plan (RIDCW-M) is a Top Ranked fund. You can investTata Money Market Fund High Investment Plan (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Tata Money Market Fund High Investment Plan (RIDCW-M)?
The expense ratio of the Tata Money Market Fund High Investment Plan (RIDCW-M) is 0.4% for regular plan.