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THEMATIC FUNDS

2www.tatamutualfund.com TATA MUTUAL FUND

INDEX

MARKET OUTLOOKEquity

Debt

7

8

EQUITYTata Large Cap Fund (Erstwhile known as Tata Pure Equity Fund; renamed w.e.f February 29, 2016)

Tata Equity Opportunities Fund

Tata Ethical Fund

Tata Equity P/E Fund

Tata Mid Cap Growth Fund

Tata Dividend Yield Fund

Tata India Tax Savings Fund (Erstwhile known as Tata Long Term Equity Fund; renamed w.e.f December 21, 2015)

9

10

11

12

13

14

15

16

16

17

17

18

19

HYBRID

22

23

24

25

26

27

Tata Balanced Fund

Tata Regular Savings Equity Fund

20

21

DEBTTata Dynamic Bond Fund

Tata Medium Term Fund (Erstwhile known as Tata Income Plus Fund; renamed w.e.f March 17, 2017)

Tata Long Term Debt Fund (Erstwhile known as Tata Income Fund; renamed w.e.f December 1, 2016)

Tata Short Term Bond Fund

Tata Corporate Bond Fund (Erstwhile known as Tata Treasury Manager Fund; renamed w.e.f March 17, 2017)

Tata Ultra Short Term Fund (Erstwhile known as Tata Floater Fund; renamed w.e.f March 17, 2017)

LIQUID28

29

Tata Money Market Fund

Tata Liquid Fund

GILT

30

31

Tata Gilt Securities Fund

Tata Gilt Mid Term Fund

SOLUTIONS

32

33

34

35

36 - 48

49 - 52

53

Tata Retirement Savings Fund - Progressive

Tata Retirement Savings Fund - Moderate

Tata Retirement Savings Fund - Conservative

Tata Young Citizens’ Fund

SCHEMES PERFORMANCE

DIVIDEND / BONUS HISTORY

HOW TO READ FACT SHEET

Tata Banking & Financial Services Fund

Tata Digital India Fund

Tata India Consumer Fund

Tata India Pharma & Healthcare Fund

Tata Resources & Energy Fund

Tata Infrastructure 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

Tata Money Market Fund

Investment in Debt/Money Market instruments/Government Securities.

Investment in Money Market instruments.

Tata Ultra Short Term Fund

Tata Short Term Bond Fund


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

(Erstwhile known as Tata Floater Fund;renamed w.e.f March 17, 2017)


RISKOMETER

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

Name of the Schemes Investment Objective: Generate Income and/or Capital Appreciation for a Fixed Term

Riskometer

Tata Dynamic Bond Fund

Tata Gilt Mid Term Fund

Tata Gilt Securities Fund

Tata Long Term Debt Fund

Tata Medium Term Fund(Erstwhile known as Tata Income Plus Fund;renamed w.e.f March 17, 2017)

Investment Objective: Short Term to Medium Capital Appreciation & Regular Income.

Investment in Debt/Money Market instruments/Government securities.

Investment Objective: Medium Term Capital Appreciation.

Investment predominantly in Government Securities (upto 15 years maturity).

Investment Objective: Long Term Capital Appreciation & Regular Income.

Investment predominantly in Government Securities.





Investment in Corporate Debt Securities.

The investment objective of a scheme is to generate income and / or capital appreciation

by investing in wide range of Fixed Income Instruments having maturity in line with the

maturity of the scheme. The maturity of all investments shall be equal to or less than the

maturity of the scheme.

Tata Fixed Maturity Plan - Series 47 - Scheme H

(Erstwhile known as Tata Income Fund; renamed w.e.f December 1, 2016)

Tata Corporate Bond Fund(Erstwhile known as Tata Treasury Manager Fund; renamed w.e.f March 17, 2017)


RISKOMETER

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

Tata Balanced Fund


Tata Equity Opportunities Fund


Tata Ethical Fund

Tata Mid Cap Growth Fund

Tata Large Cap Fund

Tata Retirement Savings Fund

- Moderate Plan

Tata Regular Savings Equity Fund


- Progresive Plan

Investment predominantly in equity & equity related instruments and some portion

(between 25% to 35%) in fixed income instruments.

Investment (minimum 70%) in equity & equity related instruments/stocks having dividendyield higher than dividend yield of stocks of BSE SENSEX.

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 in equity and equity related instruments of Shariah Principles compliantcompanies and in other instruments allowed under Shariah principles.

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 savings scheme which provides tool for retirementplanning to individual investors.

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

A predominantly equity oriented savings scheme which provides tool for retirement

planning to individual investors.

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

related instruments.

Investment Objective: Long Term Capital Appreciation & Current Income.Investment in equity & equity related instruments and in fixed income instruments.

Investment Objective: Long Term Capital Appreciation & Current Income.A predominantly debt oriented savings scheme which provides tool for retirementplanning to individual investors.

Tata India Tax Savings Fund(Erstwhile known as Tata Long Term EquityFund; renamed w.e.f December 21, 2015)

Tata Young Citizens Fund


- Conservative Plan

(Erstwhile known as Tata Pure Equity Fund; renamed w.e.f February 29, 2016)


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.

Generate medium to long term capital gain by investing predominantly in equity / equityrelated instruments of the companies in infrastructure and infrastructure related sectorsalong with the income tax benefit to its unitholders.

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

Name of the Schemes Investment objective: Long term capital appreciation by investing in equity/equityrelated instruments of companies in the infrastructure sector in India

Riskometer

Tata Infrastructure Tax Saving Fund

The Macro picture

March-18 February 18

WPICPIIndex of Industrial ProductionRepo rateMarginal Standing Facility Rate

2.5%4.3%

7.1% (for February 2018)6.0% (as on March 31, 2018)

6.25% (as on March 31, 2018)

2.5%4.4%

7.5% (for January 2018)6.0% (as on Feb 28, 2018)

6.25% (as on Feb 28, 2018)

Source: RBI, MOSPI


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.

The Indian equity markets ended higher in the month of April 2018, as both Sensex and Nifty were up by 6.6% and 6.2% respectively. The broader market; the BSE Midcap & the BSE 200 both performed in line with the Sensex with a performance of 6.6% respectively. In terms of sectors; Auto, FMCG, Healthcare, IT, Metals and Realty were the major outperformers whilst Banking, Consumer Durable, Capital Goods, Oil & Gas and Power were the major underperformers. FIIs were net sellers in April, with net outflows to the tune of ~USD 846mn. Consequently, the net FII flows CYTD have been ~USD 1.4 bn. Net equity investments in April 2018 by domestic MFs in the market were ~USD 1.72 bn.

Growth: Index of Industrial Production (IIP) grew 7.1% YoY in February 2018 versus 7.4% in January 2018 driven by manufacturing sector (8.7% YoY) coupled with a higher off-take of capital goods and consumer durables.

The mining sector de-grew marginally. Capital goods saw strong growth at 20% YoY along with infrastructure and construction segment.

Inflation: India’s Wholesale Price Inflation (WPI) Index remained broadly unchanged at 2.5% YoY in March 2018 with primary articles inflation and manufactured products inflation coming in marginally lower and fuel and power inflation higher than the February numbers.

Consumer Price Inflation (CPI) index eased marginally to 4.3% YoY in March 2018 from 4.4% YoY in February 2018 on sequential contraction in retail food prices.

Monetary Policy: In the minutes of the Monetary Policy meeting held in April the Reserve Bank of India (RBI) came out with a hawkish tone highlighting upside risks to inflation – this view was echoed by all the members. As per RBI, inflation upside risks could stem from higher oil prices, government’s stance on minimum support price policy, fiscal slippage and monsoon. The members seemed more comfortable with the recovery in growth and noted recovery getting broad based with signs of pick up in capex and capacity utilization.

Other macro developments: Trade deficit in March widened to ~USD 14bn higher than the monthly average of ~USD 13bn in FY18. Key observations are; non-oil exports growth has slowed to ~2% (vs. 10-11% growth in December 2017) owing to high base and some moderation in global trade; weakness persists in exports of labour - intensive sectors (gems/jewelry, fabrics, etc.) which contracted for the ninth straight month and FY18 trade deficit was USD 157bn, 44% higher YoY.

Market Outlook: Equity markets expanded in the month of April after consolidating in March driven by supportive trends across sectors in the ongoing earnings season.

In the near term, the market will keenly watch the outcome of the Karnataka State elections and impact of a weakening rupee.

Going forward it is expected that consumption would remain one of the key growth drivers. Urban consumption has been strong so far, driven by moderate inflation and interest rates. Rural consumption (driven by increasing food prices and revival in sectors such as construction) is also expected to see a gradual uptick, resulting in a broad based consumption growth.

Risk of significant FII outflows on account of a major global risk off event remains a concern. Crude oil prices and monthly GST collections would be key monitorables going forward.

In terms of our portfolio positioning, we continue to remain overweight on direct and indirect beneficiaries of government push on sectors like roads, railways and housing. We continue to remain overweight on private sector banks on account of their ability to gain market share and maintain relatively higher growth rates. We are also diversifying exposure to consumption plays across multiple themes.

Long-term structural drivers like demographic advantage, low household debt, limited penetration across different consumer categories, increased potential for financial savings and urbanization makes India a compelling equity story from medium to long term perspective.

We believe investors would be well advised to invest with medium to long term perspective and systematically increase exposure to Indian equity markets.

Index NameAs on Return in %

30-Apr-18 28-Mar-18 28-Apr-17 1 Month 1 Year

10739351601701218402

472425834286522238019543113061415413568142771443022382430

101143296915963169944433

24057271982226218477102901315812101133221461421262230

93042991814798153734083

227822532515475178669412

150199619

113031445523301924

6.26.66.68.36.67.45.30.55.89.97.6

12.17.2

-1.35.39.0

15.417.515.019.715.713.413.144.6

9.420.1-5.841.126.3-0.2-3.926.3

Nifty 50 IndexS&P BSE SensexS&P BSE MID CAPS&P BSE SMALL CAPS&P BSE 200S&P BSE AUTOS&P BSE BankexS&P BSE Consumer DurableS&P BSE Capital GoodS&P BSE FMCGS&P BSE Health CareS&P BSE ITS&P BSE METALS&P BSE Oil & GasS&P BSE Power IndexS&P BSE Realty


MARKET OUTLOOK

Debt 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.

Sovereign bond market yields remained volatile during the month of April 2018. The Benchmark 10-year yield hardened from 7.40% at the end of March 2018 to 7.77% (high of 7.77% and low

of 7.12%). Yields fell during the first week of month on account of dovish RBI policy. However, the rally was short-lived and yields continued to harden post policy due to positioning and

deteriorating global conditions as Crude prices firmed up and USTs touched 3% during the month. INR depreciated by 2.27% during the month due to higher trade deficit and crude prices.

Corporate bonds also followed suite with 10-year and 5-year corporate bond yields hardening by 24 bps and 49 bps respectively. Money market instruments at the shorter end of the curve

saw 3-month Treasury bill hardening by 10 bps, 3-month CD yield fell by 3 bps and 12-month CD yields rose by 21 bps. Net FPI outflows in Indian debt market stood at Rs. 15,696 crores for

the month of April 2018.

Crude oil prices firmed up during the month as greater compliance by OPEC (& non-OPEC) on production cuts and geo-political tension provided support. Brent closed the period under review

at USD 74.64 from USD 69.53 per barrel at the beginning of the period.

On the macroeconomic data released during the period, March CPI inflation surprised on the higher side at 4.28% versus 4.4% for February. IIP for the month of February came at 7.13% YoY

vs. 7.39 %YoY in January, indicating a sustained growth recovery in progress despite slight moderation month over month. Systemic liquidity remained in surplus during the month. Trade

Deficit for the month of March came at 13.69 billion versus 11.98 billion in February.

FPI limits have been hiked by 0.5% to 5.5% in FY19 and further to 6% in FY20 – below market expectations. The allocation of fresh G-sec limits between General and Long Term category will

be done in the ratio 50:50 instead of 25:75 currently, which is a positive as Long Term limits which were left partly unutilized last fiscal. Additional FPI limit in FY19 in general category is INR

32,000 crore and in Long Term category is INR 27,200 crore. Total additional FPI limits in FY19 is INR 59, 200 crore was lower than market expectations of 75,000 (expecting 1% FPI limit hike

this year); SDL limits unchanged at 2% of outstanding.

The minutes of the April MPC meeting reinstated the cautious approach of almost all members as inflation uncertainty has increased. Importantly, Dr Patra and Deputy Governor Acharya

emphasized the elevated levels of inflation above the 4% impinging on MPC target commitment. Both also laid stress on the consistent increase in core inflation over the past few months. Dr

Viral Acharya went on to stress that in order to reinforce the MPC target credibility, he will “likely shift decisively to vote for a beginning of ‘withdrawal of accommodation’ in the next MPC

meeting in June.”

Going forward, we expect April CPI to come at around 4.2-4.6 % and rise thereafter due to unfavorable base effect. We expect the RBI to stay on hold in its June policy however there is some

probability of stance change and likely shift to ‘withdrawal of accommodation’ as indicated by Dr Acharya in MPC minutes. We expect 10-year G-sec yield to trade range-bound in near term,

within a band of 7.50%-8.00%.

28-March-2018* 27-Apr-2018* Change (bps)

10 Year Benchmark Yield (s.a)

10 Year AAA (PSU) (ann)

5 Year AAA (PSU) (ann)

3 Month T Bill

3 Month CD

12 Month CD

10 Year AAA Spread

5 Year AAA Spread

* March 29-31 and April 28-30 were market holidays

7.40

8.17

7.87

6.09

7.08

7.37

63

34

7.77

8.41

8.36

6.19

7.05

7.58

49

43

37

24

49

10

(3)

21

(14)

9

Market Capitalisation wise Exposure


As on 30th April 2018

INVESTMENT STYLE

INVESTMENT OBJECTIVE

DATE OF ALLOTMENT

May 7, 1998

FUND MANAGER

NAV

FUND SIZE

Rs.799.42 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs.785.18 (Rs. in Cr.)

TURN OVER

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

20.28%20.28%

EXPENSE RATIO**

DirectRegular

1.052.66

VOLATILITY MEASURES^ FUND BENCHMARK

Std. Dev (Annualised)Sharpe RatioPortfolio BetaR SquaredTreynorJenson

13.760.111.001.000.45

NA

13.470.090.930.910.39

-0.06

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

99.58

3.751.88

1.54

11.155.673.032.922.121.90

2.421.34

2.88

5.012.191.63

1.871.67

1.67

1.02

2.211.28

34000442000

352000

458500159475020000094700046864080000

4700098000

164350

1422500116000414000

7850071000

411554

1020000

134700091500

79610.35

2999.751503.68

1232.53

8915.994536.272420.702332.461696.711518.56

1931.681069.23

2301.89

4003.631750.501305.34

1496.251338.10

1337.55

811.92

1769.961025.76

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 Apr 30, 2018 (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)

1,20,000

1,24,761

7.50%

1,30,133

16.15%

3,60,000

4,30,116

11.94%

4,51,311

15.29%

6,00,000

8,26,694

12.80%

8,38,606

13.38%

8,40,000

13,50,148

13.33%

13,56,018

13.46%

12,00,000

23,74,094

13.09%

23,33,072

12.77%

23,90,000

2,14,11,904

18.96%

1,23,29,822

14.50%

Company name

Industrial ProductsCummins India Ltd.Media & EntertainmentZee Entertainment Enterprises Ltd.D.B.Corp Ltd.Petroleum ProductsReliance Industries Ltd.PowerPower Grid Corporation Of India Ltd.RetailingFuture Retail Ltd.SoftwareInfosys Ltd.HCL Technologies Ltd.Tata Elxsi Ltd.Textile ProductsRaymond Ltd.TransportationContainer Corporation Of India Ltd.Interglobe Aviation Ltd.

187131

242000365000

452000

1170000

448000

290000323350213000

198000

11600065000

1440.63

1420.181096.83

4353.21

2429.51

2708.38

3478.263399.702634.28

2198.89

1514.55909.81

1.80

1.781.37

5.45

3.04

3.39

4.354.253.30

2.75

1.891.14

Other Equities^RepoPortfolio TotalNet Current LiabilitiesNet Assets

4727.66660.66

80271.01-328.61

79942.40

5.910.83

100.41-0.41

100.00

Top 10 Holdings Equity Industry 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.

Gopal Agrawal (Managing Since 27-Jun-17 and overall experience of 21 years)

BENCHMARK

S&P BSE Sensex TRI

Direct - GrowthDirect - DividendReg - GrowthReg - Dividend

::::

225.436251.2123

210.842745.9914

^Risk-free rate based on the FBIL Overnight MIBOR rate of 6% as on Apr 27, 2018

For calculation methodology please refer to Pg 48

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

1% if redeemed on or before expiry of 365 days from the date of allotment.

Equity & Equity Related TotalAutoMaruti Suzuki India Ltd.Tata Motors Ltd.Auto AncillariesMotherson Sumi Systems Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.Kotak Mahindra Bank Ltd.State Bank Of IndiaYes Bank Ltd.Indusind Bank Ltd.CementUltratech Cement Ltd.Grasim Industries Ltd.Construction ProjectLarsen & Toubro Ltd.Consumer Non DurablesITC Ltd.Hindustan Unilever Ltd.Eveready Industries India Ltd.FinanceBajaj Finance Ltd.Housing Development Finance Ltd.GasGail ( India ) Ltd.Healthcare ServicesMax India Ltd.Industrial Capital GoodsBharat Electronics Ltd.Siemens Ltd.

Issuer NameHDFC Bank Ltd.ICICI Bank Ltd.Reliance Industries Ltd.ITC Ltd.Infosys Ltd.HCL Technologies Ltd.Maruti Suzuki India Ltd.Future Retail Ltd.Tata Elxsi India Ltd.Power Grid Corporation Of India Ltd.Total

% to NAV11.155.675.455.014.354.253.753.393.303.04

49.36

Large CapMid CapSmall Cap

^ 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 36 - 48.*B: BenchmarkSource: MFI Explorer

86.36%13.64%0.00%

Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).

**Note: The rates specified are the actual weighted average expenses charged for the month of Apr 2018. 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 (Erstwhile known as Tata Pure Equity Fund; renamed w.e.f February 29, 2016)(An Open-Ended Equity Scheme)

26.80%12.05%

9.36%7.16%

5.45%3.75%3.55%3.50%3.39%3.24%3.04%3.03%2.88%2.75%2.39%

1.80%1.67%1.59%1.45%

0.74%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00%

BanksSoftware

Consumer Non DurablesAuto

Petroleum ProductsCementFinance

Industrial Capital GoodsRetailing

Media & EntertainmentPower

TransportationConstruction Project

Textile ProductsAuto Ancillaries

Industrial ProductsGas

PharmaceuticalsHealthcare Services

Non - Ferrous Metals

80

94

108

122

136

150

Apr-15 Apr-16 Apr-17 Apr-18

Tata Large Cap Fund - Reg - GrowthS&P BSE Sensex 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 36 - 48.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer




14.140.161.001.000.64

NA

14.780.121.010.930.50

-0.13



INVESTMENT STYLE


DATE OF ALLOTMENT

February 25,1993

FUND MANAGER

NAV


::::

213.331442.6428

200.609733.2211

FUND SIZE

Rs.1297.88 (Rs. in Cr.)

TURN OVER


57.94%57.94%

MINIMUM INVESTMENT/ MULTIPLES FOR NEW INVESTMENT


ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTING INVESTORS


LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

127359.87

3529.12

3248.91

1669.38

8945.16

6599.24

5231.62

5167.81

1600.95

3082.46

3048.25

2509.81

1399.61

1646.19

3269.37

1475.87

3672.63

3667.22

3140.46

2187.20

2164.73

4249.90

2678.40

1440.18

2759.41

1602.45

98.13

2.72

2.50

1.29

6.89

5.08

4.03

3.98

1.23

2.38

2.35

1.93

1.08

1.27

2.52

1.14

2.83

2.83

2.42

1.69

1.67

3.27

2.06

1.11

2.13

1.23

40000

955000

250000

460000

2320000

1445000

426968

650000

75000

100000

14900

170000

131202

1010000

527473

2750000

261832

822865

400000

270000

1510000

900000

120000

464000

900000



% of Assets


5427.193045.72

130405.59-617.10

129788.49

4.182.36

100.49-0.49

100.00




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

3,60,000

4,39,847

13.49%

4,65,625

17.49%

4,51,311

15.29%

1,20,000

1,26,508

10.29%

1,29,086

14.45%

1,30,133

16.15%

6,00,000

8,87,121

15.66%

9,07,301

16.58%

8,38,606

13.38%

8,40,000

14,97,949

16.25%

14,80,674

15.92%

13,56,018

13.46%

12,00,000

26,58,255

15.21%

25,68,107

14.56%

23,33,072

12.77%

30,20,000

3,80,38,936

17.46%

2,56,38,854

14.92%

1,91,34,798

13.02%

Rupesh Patel (Managing Since 7-Jun-13 and overall experience of 17 years)

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

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




Equity & Equity Related Total

Auto

Maruti Suzuki India Ltd.

Tata Motors Ltd.

TVS Motor Company Ltd.

Banks

HDFC Bank Ltd.

ICICI Bank Ltd.

Yes Bank Ltd.

Kotak Mahindra Bank Ltd.

State Bank Of India

Cement

Ultratech Cement Ltd.

Dalmia Bharat Ltd.

Shree Cement Ltd.

The Ramco Cements Ltd.

Commercial Services

Security And Intelligence Services (India) Ltd.

Construction

KNR Constructions Ltd.

Brigade Enterprises Ltd.

Construction Project

NCC Ltd.

Larsen & Toubro Ltd.

Sadbhav Engineering Ltd.

Consumer Durables

Havells India Ltd.

Bata India Ltd.

Consumer Non Durables

ITC Ltd.

Tata Global Beverages Ltd.

Asian Paints (India) Ltd.

Ferrous Metals

Tata Steel Ltd.

Gas

Gujarat State Petronet Ltd.



Market Capitalisation wise Exposure NAV Movement

Issuer NameHDFC Bank Ltd.ICICI Bank Ltd.Yes Bank Ltd.Kotak Mahindra BankITC Ltd.Interglobe Aviation Ltd.Larsen & Toubro Ltd.NCC Ltd.Maruti Suzuki India Ltd.KNR ConstructionTotal

% to NAV6.895.084.033.983.273.192.832.832.722.52

37.34


Oil

Oil & Natural Gas Co.

Finance

ICICI Prudential Life Insurance Company Ltd.

Housing Development Finance Ltd.

Muthoot Finance Ltd.

Mahindra And Mahindra Financial Services Ltd.

Equitas Holdings Ltd.

LIC Housing Finance Ltd.

Petroleum Products

Reliance Industries Ltd.

Indian Oil Corporation Ltd.

Hindustan Petroleum Corporation Ltd.

Pharmaceuticals

Divi Laboratories Ltd.

Sun Pharmaceutical Industries Ltd.

Piramal Enterprises Ltd. (Ccd 18Mths)

Dishman Carbogen Amcis Ltd.

Laurus Labs Ltd.

Power

Power Grid Corporation Of India Ltd.

Retailing

Future Retail Ltd.

Software

Infosys Ltd.

HCL Technologies Ltd.

Transportation

Interglobe Aviation Ltd.

790000

550000

110000

410000

300000

900000

240000

270000

1310000

690000

200000

416000

1670

462662

254000

1000000

500000

200000

200000

296210

1425.95

2348.23

2073.12

1852.59

1583.25

1392.30

1311.12

2600.37

2126.13

2102.09

2393.50

2197.10

1770.20

1722.26

1301.24

2076.50

3022.75

2398.80

2102.80

4146.05

1.10

1.81

1.60

1.43

1.22

1.07

1.01

2.00

1.64

1.62

1.84

1.69

1.36

1.33

1.00

1.60

2.33

1.85

1.62

3.19


76.23%16.81%6.95%

MONTHLY AVERAGE AUM

Rs.1265.13 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.882.50

BENCHMARK

S&P BSE 500 TRI


Tata Equity Opportunities Fund(An Open-Ended Equity Scheme)

21.22%8.97%

8.66%8.07%

7.23%7.18%

6.45%5.26%

3.66%3.47%3.35%3.19%

2.33%2.17%

1.60%1.27%1.23%1.10%0.96%0.75%

0.01%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00%

BanksFinanceCement

Construction ProjectPharmaceuticals

AutoConsumer Non Durables

Petroleum ProductsConstruction

SoftwareConsumer Durables

TransportationRetailing

Ferrous MetalsPower

Commercial ServicesGasOil

Auto AncillariesNon - Ferrous Metals

Media & Entertainment

80

96

112

128

144

160


Tata Equity Opportunities Fund - Reg - GrowthS&P BSE 500 TRI




12.970.211.001.000.79

NA

12.010.100.860.870.41

-0.32



INVESTMENT STYLE


DATE OF ALLOTMENT

May 24,1996

FUND MANAGER

NAV


::::

173.1488101.0836165.2514

73.5461

FUND SIZE

Rs.517.86 (Rs. in Cr.)

TURN OVER


51.21%51.21%

MINIMUM INVESTMENT/MULTIPLES FOR NEW INVESTMENT




LOAD STRUCTURE


Exit Load :

PORTFOLIO

Company name

48448.68

3820.271168.65

1617.53588.90559.17532.98525.23

1685.081150.00

534.07

965.40747.88

1146.501030.10864.40797.53546.80

3651.902257.771249.921224.15658.44

931.66680.10

93.56

7.382.26

3.121.141.081.031.01

3.252.22

1.03

1.861.44

2.211.991.671.541.06

7.054.362.412.361.27

1.801.31

4330031300

20000200000

70061849

150000

41000460000

70000

150000560000

14300010500013200050400

100000

24200041000

420000102000

7000

286666300000



% of Assets

No. of Shares


% of Assets

8169678000

39000016127113218616000

298000

170000502000

505000330000

15100093750

220000

225000

200000

549000

933.58874.42

1456.261126.401017.63864.00744.70

1243.811105.66

981.97535.59

916.04704.39

1330.01

1510.99

994.20

813.62

1.801.69

2.812.181.971.671.44

2.402.14

1.901.03

1.771.36

2.57

2.92

1.92

1.57

Other Equities^Portfolio TotalCash / Net Current AssetNet Assets

4.5693.566.44

100.00

2360.9848448.683337.57

51786.25




Returns

Total Value of B: Nifty 500 Shariah TRI

B: Nifty 500 Shariah TRI

Total Value of AB: Nifty 50 TRI

AB: Nifty 50 TRI

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

1,20,000

1,30,515

16.78%

1,28,631

13.71%

1,28,627

13.71%

3,60,000

4,36,949

13.03%

4,71,100

18.32%

4,49,584

15.02%

6,00,000

8,64,171

14.59%

9,39,870

18.02%

8,42,764

13.58%

8,40,000

14,65,703

15.64%

15,77,635

17.70%

13,59,145

13.52%

12,00,000

27,47,354

15.82%

27,64,390

15.93%

23,29,851

12.74%

26,00,000

2,86,63,972

18.81%

76,73,142

9.03%

1,56,54,224

14.40%

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.


Pradeep Gokhale (Managing Since 2-Jan-12 and overall experience of 26 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 TotalAutoMaruti Suzuki India Ltd.Hero Motocorp Ltd.Auto AncillariesWabco India Ltd.Apollo Tyres Ltd.MRF Ltd.Amara Raja Batteries Ltd.Motherson Sumi Systems Ltd.CementUltratech Cement Ltd.Ambuja Cements Ltd.ChemicalsTata Chemicals Ltd.Construction ProjectVoltas Ltd.NCC Ltd.Consumer DurablesBata India Ltd.Titan Company Ltd.Bajaj Electricals Ltd.Whirlpool Of India Ltd.Havells India Ltd.Consumer Non DurablesHindustan Unilever Ltd.Britannia Industries Ltd.Tata Global Beverages Ltd.Asian Paints (India) Ltd.Nestle India Ltd.GasGail ( India ) Ltd.Petronet Lng Ltd.



Issuer NameMaruti Suzuki India Ltd.Hindustan Unilever Ltd.Britannia Industries Ltd.Ultratech Cement Ltd.Wabco India Ltd.Tech Mahindra Ltd.Carborundum Universal Ltd.Future Retail Ltd.Tata Global Beverages Ltd.UPL Ltd.Total

% to NAV7.387.054.363.253.122.922.812.572.412.40

38.27


Industrial Capital GoodsThermax Ltd.Siemens Ltd.Industrial ProductsCarborundum Universal Ltd.Finolex Cables Ltd.Cummins India Ltd.Schaeffler Ltd.Mahindra Cie Automotive Ltd.PesticidesUPL Ltd.Rallis India Ltd.Petroleum ProductsCastrol India Ltd.Indian Oil Corporation Ltd.PharmaceuticalsCipla Ltd.Ipca Laboratories Ltd.RetailingFuture Retail Ltd.SoftwareTech Mahindra Ltd.Textile ProductsMayur Uniquoters Ltd.TransportationGujarat Pipavav Port Ltd.


56.24%40.85%2.91%


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 36 - 48.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

BENCHMARK

Nifty 500 Shariah TRI

MONTHLY AVERAGE AUM

Rs.502.69 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

1.742.76


Tata Ethical Fund(An Open-Ended Equity Scheme)

17.46%10.55%

9.63%8.47%

7.38%6.39%

4.54%4.41%4.35%

3.31%3.13%3.11%2.93%

2.57%1.92%

1.57%1.03%

0.80%

0.00% 5.00% 10.00% 15.00% 20.00%

Consumer Non DurablesIndustrial Products

AutoConsumer Durables

Auto AncillariesCement

PesticidesIndustrial Capital Goods

SoftwareConstruction Project

PharmaceuticalsGas

Petroleum ProductsRetailing

Textile ProductsTransportation

ChemicalsConstruction

90

106

122

138

154

170


Tata Ethical Fund - Reg - GrowthNifty 500 Shariah TRI





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%)

149.023064.286963.5421

143.716363.011960.5630

FUND SIZE

Rs.3519.81 (Rs. in Cr.)

TURN OVER


70.90%70.90%





LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

329352.76

14227.0512217.108436.296011.264208.483606.12

5327.70

28964.007082.08

13092.603980.143546.10

8621.34

10504.503919.52

4527.153783.153726.64

31662.126890.715399.80

6150.38

93.57

4.043.472.401.711.201.02

1.51

8.232.01

3.721.131.01

2.45

2.981.11

1.291.071.06

9.001.961.53

1.75

4826001400000513000016100047700

1060000

2150000

80000003850000

1200000175918355000

1130000

750000609000

300000900000146200

168000015250003800000

1892426

Company name

5300000

1101468

2110000

24400002700000925000

6682000

934620

1250000905000

465000

322588

6964.20

7693.20

12382.54

23499.644382.103590.39

13875.17

5650.25

8394.387312.40

5164.06

4515.26

1.98

2.19

3.52

6.681.251.02

3.94

1.61

2.382.08

1.47

1.28


30044.9423175.28

352528.04-547.37

351980.67

8.546.68

100.25-0.25

100.00




Returns



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

1,20,000

1,29,758

15.54%

1,30,133

16.15%

3,60,000

5,03,686

23.13%

4,51,311

15.29%

6,00,000

10,90,184

24.16%

8,38,606

13.38%

8,40,000

18,49,023

22.17%

13,56,018

13.46%

12,00,000

33,83,493

19.69%

23,33,072

12.77%

16,60,000

67,85,445

18.59%

43,24,617

12.88%

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.

To provide reasonable and regular income and/ or possible capital appreciation to its Unitholder.

Std. Dev (Annualised)Sharpe RatioPortfolio BetaR SquaredTreynorJensonPE

13.760.111.001.000.45

NA23.83

16.370.210.990.701.000.55

24.42



1% if redeemed on or before 18 months from the date of allotment (w.e.f 5th April, 2018)

Equity & Equity Related TotalAutoBajaj Auto Ltd.Mahindra & Mahindra Ltd.Ashok Leyland Ltd.Hero Motocorp Ltd.Maruti Suzuki India Ltd.Tata Motors Ltd.Auto AncillariesExide Industries Ltd.BanksYes Bank Ltd.City Union Bank Ltd.CementGrasim Industries Ltd.Hil Ltd.J K Cement Ltd.ChemicalsTata Chemicals Ltd.Construction ProjectLarsen & Toubro Ltd.Voltas Ltd.Consumer Non DurablesHindustan Unilever Ltd.Radico Khaitan Ltd.Jubilant Foodworks Ltd.FinanceHousing Development Finance Ltd.Muthoot Finance Ltd.JM Financial Ltd.GasGail ( India ) Ltd.



Issuer NameHDFC Ltd.Yes Bank Ltd.Reliance Industries Ltd.Bajaj Auto Ltd.Power Grid Corporation Of India Ltd.Grasim Industries Ltd.Zee Entertainment Enterprises Ltd.Mahindra & Mahindra Ltd.Larsen & Toubro Ltd.Tata Chemicals Ltd.Total

% to NAV9.008.236.684.043.943.723.523.472.982.45

48.03


Industrial Capital GoodsBharat Electronics Ltd.Industrial ProductsFinolex Cables Ltd.Media & EntertainmentZee Entertainment Enterprises Ltd.Petroleum ProductsReliance Industries Ltd.Indian Oil Corporation Ltd.Bharat Petroleum Corporation Ltd.PowerPower Grid Corporation Of India Ltd.RetailingFuture Retail Ltd.SoftwareTech Mahindra Ltd.Persistent Systems Ltd.Textile ProductsRaymond Ltd.TransportationInterglobe Aviation Ltd.


No. of Shares


% of Assets

72.91%25.36%1.73%


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 36-48.*B: BenchmarkSource: MFI Explorer

BENCHMARK

S&P BSE Sensex TRI

MONTHLY AVERAGE AUM

Rs.3216.75 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular 1.26

2.15

::::::

Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 20 years)


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

80

98

116

134

152

170


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

14.65%13.84%

10.24%8.94%

5.86%4.46%4.44%4.31%4.10%3.94%

3.31%2.92%2.75%2.45%

1.98%1.61%1.47%1.28%

0.71%0.19%0.13%

0.00% 5.00% 10.00% 15.00% 20.00%

FinanceAuto

BanksPetroleum Products

CementSoftware

Media & EntertainmentConsumer Non Durables

Construction ProjectPower

Auto AncillariesIndustrial Products

GasChemicals

Industrial Capital GoodsRetail ing

Textile ProductsTransportation

FertilisersPaper

Hotels, Resorts And Other Recreational…





INVESTMENT STYLE


DATE OF ALLOTMENT

July 1, 1994

FUND MANAGER

NAV


::::

148.048652.4589

142.155642.8920

FUND SIZE

Rs.692.48 (Rs. in Cr.)

TURN OVER


43.25%43.25%





LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

66635.70

1292.631153.51

736.13

2335.221416.42

1684.441636.911169.09

998.90707.73

1292.221252.371029.71

748.85

2492.491422.561122.66

886.28

1894.341869.70

994.13

1442.071093.60

928.03801.75

1221.731056.48

785.40

894.66732.50

96.23

1.871.671.06

3.372.05

2.432.361.691.441.02

1.871.811.491.08

3.602.051.621.28

2.742.701.44

2.081.581.341.16

1.761.53

1.13

1.291.06

150000465500250000

645000770000

1000053700

142000100000294763

167495118500115000100000

7700001360000

401236157800

4963541400000

750000

180000200000

75900100000

20000355000

400000

1980001250000

Company name

174000165000

680000400000

875000

5050008500020000

900000

209300

20000100000360000

720000

162024794

4500003300000

270000

74000

300000

140000

706.70704.47

1210.74906.80

1293.69

1262.001227.951080.00

725.40

738.10

936.15868.90792.90

1168.56

1262.00841.64

2720.481966.80

950.40

915.20

1272.45

1959.58

1.021.02

1.751.31

1.87

1.821.771.56

1.05

1.07

1.351.251.15

1.69

1.821.22

3.932.841.37

1.32

1.84

2.83


4032.283000.70

69636.40-388.27

69248.13

5.824.35

100.58-0.58

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.

Rupesh Patel (Managing Since 27-Jun-17 and overall experience of 17 years ) & Danesh Mistry (Assistant fund manager) (Managing Since 1-Apr-16 and overall experience of 14 years)


16.510.211.001.000.98

NA

17.370.121.000.890.62

-0.36



1% if redeemed on or before expiryof 365 days from the date ofallotment (w.e.f. 6th April, 2015)


NAV Movement

Issuer NameFuture Retail Ltd.KNR ConstructionYes Bank Ltd.Future Consumer Ltd.Interglobe Aviation Ltd.Sadbhav Engineering Ltd.NCC Ltd.Shree Cement Ltd.Dalmia Bharat Ltd.Blue Star Ltd.Total

% to NAV3.933.603.372.842.832.742.702.432.362.08

28.88

Equity & Equity Related TotalAuto AncillariesAmara Raja Batteries Ltd.Exide Industries Ltd.Apollo Tyres Ltd.BanksYes Bank Ltd.City Union Bank Ltd.CementShree Cement Ltd.Dalmia Bharat Ltd.The Ramco Cements Ltd.J K Cement Ltd.NCL Industries Ltd.ChemicalsNavin Fluorine International Ltd.Solar Industries India Ltd.Vinati Organics Ltd.Gujarat Alkalies & Chemicals Ltd.ConstructionKNR Constructions Ltd.NBCC India Ltd.Brigade Enterprises Ltd.Somany Ceramics Ltd.Construction ProjectSadbhav Engineering Ltd.NCC Ltd.Sadbhav Infrastructure Project Ltd.Consumer DurablesBlue Star Ltd.Havells India Ltd.IFB Industries Ltd.Bata India Ltd.Consumer Non DurablesGlaxo Smithkline Con Healthcar Ltd.Tata Global Beverages Ltd.FertilisersChambal Fertiliser & Chemicals Ltd.FinanceMuthoot Finance Ltd.IDFC Ltd.

Satin Creditcare Network Ltd.ICICI Prudential Life Insurance Company Ltd.GasGujarat State Petronet Ltd.Petronet Lng Ltd.Hotels, Resorts And Other Recreational ActivitiesIndian Hotels Co. Ltd.Industrial ProductsMahindra Cie Automotive Ltd.AIA Engineering Ltd.Schaeffler Ltd.Non - Ferrous MetalsNational Aluminium Co. Ltd.PaperTamilnadu Newsprint & Papers Ltd.PesticidesBayer Cropscience Ltd.Pi Industries Ltd.Rallis India Ltd.Petroleum ProductsIndian Oil Corporation Ltd.PharmaceuticalsEris Lifesciences Ltd.Piramal Enterprises Ltd. (Ccd 18Mths)RetailingFuture Retail Ltd.Future Consumer Ltd.Trent Ltd.SoftwareTata Elxsi Ltd.Textile ProductsArvind Ltd.TransportationInterglobe Aviation Ltd.


No. of Shares


% of Assets

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: Nifty Midcap 100 TRI

B: Nifty Midcap 100 TRI


AB: Nifty 50 TRI

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

1,20,000

1,25,601

8.84%

1,28,820

14.02%

1,28,627

13.71%

3,60,000

4,54,027

15.71%

4,86,937

20.69%

4,49,584

15.02%

6,00,000

10,21,490

21.45%

10,46,615

22.46%

8,42,764

13.58%

8,40,000

18,22,510

21.76%

17,47,396

20.58%

13,59,145

13.52%

12,00,000

34,27,450

19.92%

31,46,939

18.34%

23,29,851

12.74%

28,60,000

2,10,87,548

17.62%

2,21,91,707

18.04%

1,36,64,601

14.02%

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 36-48*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

BENCHMARK

Nifty Midcap 100 TRI

MONTHLY AVERAGE AUM

Rs.681.36 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular 1.90

2.67


Tata Mid Cap Growth Fund(An Open-Ended Equity Scheme)

80

100

120

140

160

180


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

8.95%8.55%

8.14%6.87%

6.24%6.16%

5.90%5.42%

4.60%4.46%4.39%

4.24%3.75%

3.06%2.84%2.83%

2.63%1.87%

1.32%1.13%1.07%1.05%

0.76%0.00% 5.00% 10.00%

CementConstruction

Re tailingConstruction Project

ChemicalsConsumer DurablesIndustrial Products

BanksAuto Ancillaries

PharmaceuticalsFinance

Consumer Non DurablesPestic ides

GasText ile Products

TransportationPetroleum Products

Hotels, Resorts And Other Recreational ActivitiesSoftware

FertilisersPaper

Non - Ferrous MetalsIndustrial Capital Goods





INVESTMENT STYLE


DATE OF ALLOTMENT

November 22, 2004

FUND MANAGER

NAV


82.438834.053679.572631.8658

FUND SIZE

Rs.313.93 (Rs. in Cr.)

TURN OVER


14.14%14.14%





LOAD STRUCTURE


Exit Load :

PORTFOLIO

Company name

31050.04

1341.34

1920.291439.32635.83

716.22374.34

1509.051134.24

314.16

2358.461255.23835.92

1720.42983.48880.08

1319.33

98.91

4.27

6.124.582.03

2.281.19

4.813.61

1.00

7.514.002.66

5.483.132.80

4.20

45500

98750506000583333

187665237000

100000403000

160000

1930000294000185000

26000046500

114319

150000

Company nameNo. of Shares


% of Assets

250000

225000

350000

100000

850000260000

19200012000012000091805

60000

709.63

406.13

1066.28

636.25

1765.03642.20

2018.691439.281396.14

948.94

839.82

2.26

1.29

3.40

2.03

5.622.05

6.434.584.453.02

2.68


443.94444.98

31495.02-102.34

31392.68

1.411.42

100.33-0.33

100.00





Returns

Total Value of B: Nifty 500 TRI

B: Nifty 500 TRI


AB: Nifty 50 TRI

(Inception date :22-Nov-2004) (First Installment date : 01-Dec-2004)

1,20,000

1,27,109

11.26%

1,28,894

14.14%

1,28,627

13.71%

3,60,000

4,43,044

13.99%

4,64,518

17.32%

4,49,584

15.02%

6,00,000

8,85,769

15.60%

9,04,748

16.46%

8,42,764

13.58%

8,40,000

14,51,474

15.36%

14,76,564

15.84%

13,59,145

13.52%

12,00,000

27,48,471

15.83%

25,43,234

14.38%

23,29,851

12.74%

16,10,000

48,29,742

15.17%

42,19,708

13.39%

39,47,656

12.50%

Primarily focuses on investing in high dividend yield stocks. Minimum 70% of the net assets shall be invested in stocks having dividend yield higher than dividend yield of S&P BSE SENSEX stocks.

To provide income distribution and / or medium to long term capital gains by investing predominantly in high dividend yield stocks.

Std. Dev (Annualised)Sharpe RatioPortfolio BetaR SquaredTreynorJensonDividend Yield

14.140.161.001.000.63

NA1.12*

13.740.120.920.900.52

-0.101.92

^Risk-free rate based on the FBIL Overnight MIBOR rate of 6% as on Apr 27, 2018For calculation methodology please refer to Pg 48


Equity & Equity Related TotalAutoBajaj Auto Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.Karur Vysa Bank Ltd.Construction ProjectSadbhav Engineering Ltd.Engineers India Ltd.Consumer Non DurablesHindustan Unilever Ltd.ITC Ltd.FertilisersChambal Fertiliser & Chemicals Ltd.FinanceManappuram Finance Ltd.ICICI Prudential Life Insurance Company Ltd.Muthoot Finance Ltd.Industrial ProductsFinolex Industries Ltd.Swaraj Engines Ltd.Cummins India Ltd.Media & EntertainmentSun Tv Network Ltd.

Minerals/miningCoal India Ltd.OilOil & Natural Gas Co.Petroleum ProductsHindustan Petroleum Corporation Ltd.PharmaceuticalsStrides Shasun Ltd.PowerPower Grid Corporation Of India Ltd.Torrent Power Ltd.SoftwareHCL Technologies Ltd.Infosys Ltd.Niit Technologies Ltd.Mphasis Ltd.TransportationInterglobe Aviation Ltd.

V



Issuer NameManappuram Finance Ltd.HCL Technologies Ltd.HDFC Bank Ltd.Power Grid Corporation Of India Ltd.Finolex Industries Ltd.Hindustan Unilever Ltd.ICICI Bank Ltd.Infosys Ltd.Niit Technologies Ltd.Bajaj Auto Ltd.Total

% to NAV7.516.436.125.625.484.814.584.584.454.27

53.85


No. of Shares


% of Assets

59.48%33.25%7.26%


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 36-48.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

BENCHMARK

Nifty 500 TRI

MONTHLY AVERAGE AUM

Rs.305.53 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular 2.26

2.87

::::

Rupesh Patel (Managing Since 7-Jun-13 and overall experience of 17 years)

* For S&P BSE Sensex


Tata Dividend Yield Fund(An Open-Ended Equity Scheme)


18.93%15.15%

12.73%11.42%

8.42%7.67%

4.27%4.20%

3.47%3.40%

2.68%2.26%2.03%

1.29%1.00%

0.00% 5.00% 10.00% 15.00% 20.00%

SoftwareFinance

BanksIndustrial Products

Consumer Non DurablesPower

AutoMedia & Entertainment

Construction ProjectPetroleum Products

TransportationMinerals/miningPharmaceuticals

OilFertilisers

80

96

112

128

144

160


Tata Dividend Yield Fund - Reg - GrowthNifty 500 TRI



13.760.111.001.000.45

NA


15.490.200.950.710.920.44



INVESTMENT STYLE


DATE OF ALLOTMENT

March 31,1996

FUND MANAGER

NAV

Direct- DividendReg - DividendDirect- GrowthReg- Growth

::::

FUND SIZE

Rs.1398.27 (Rs. in Cr.)

TURN OVER


21.90%21.90%


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

130139.68

2755.62

1997.05

6777.966514.415248.102894.37

1615.57

2152.61

2423.042270.35

2241.881459.99

2195.312163.461740.96

2138.54

5842.422638.751816.60

1774.20

1499.40

4815.501797.441655.46

93.07

1.97

1.43

4.854.663.752.07

1.16

1.54

1.731.62

1.601.04

1.571.551.25

1.53

4.181.891.30

1.27

1.07

3.441.291.18

810000

2500

560000335000

1845000799440

53000

665000

1730001700000

410000182100

78000023000

585000

359600

310000500000

3100000

1200000

600000

500000590000

1020000

Company name

215000232176

200000450000

4000000400000

200000

210000

2573.011808.42

2986.302720.482384.001408.00

2102.80

2939.37

1.841.29

2.141.951.711.01

1.50

2.10

Other Equities^RepoPortfolio TotalCash / Net Current AssetNet Assets

42788.319585.51

139725.19101.62

139826.81

30.606.90

99.970.03

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.

Rupesh Patel (Managing Since 1-Apr-15 and overall experience of 17 years)

97.654068.111118.792217.9874



Nil (Compulsory lock-in period for 3years)

Equity & Equity Related TotalAutoTata Motors Ltd.Auto AncillariesMRF Ltd.BanksKotak Mahindra Bank Ltd.HDFC Bank Ltd.ICICI Bank Ltd.Yes Bank Ltd.CementDalmia Bharat Ltd.ConstructionKNR Constructions Ltd.Construction ProjectLarsen & Toubro Ltd.NCC Ltd.Consumer DurablesHavells India Ltd.Bata India Ltd.Consumer Non DurablesITC Ltd.Nestle India Ltd.Tata Global Beverages Ltd.Ferrous MetalsTata Steel Ltd.FinanceHousing Development Finance Ltd.Mahindra And Mahindra Financial Services Ltd.IDFC Ltd.Hotels, Resorts And Other Recreational ActivitiesIndian Hotels Co. Ltd.Industrial ProductsMahindra Cie Automotive Ltd.Petroleum ProductsReliance Industries Ltd.Hindustan Petroleum Corporation Ltd.Indian Oil Corporation Ltd.

PharmaceuticalsDivi Laboratories Ltd.Eris Lifesciences Ltd.RetailingAvenue Supermarts Ltd.Future Retail Ltd.Future Consumer Ltd.Trent Ltd.SoftwareHCL Technologies Ltd.TransportationInterglobe Aviation Ltd.



Issuer NameKotak Mahindra BankHDFC Bank Ltd.HDFC Ltd.ICICI Bank Ltd.Reliance Industries Ltd.Avenue Supermarts Ltd.Interglobe Aviation Ltd.Yes Bank Ltd.Tata Motors Ltd.Future Retail Ltd.Total

% to NAV4.854.664.183.753.442.142.102.071.971.95

31.11


63.39%28.74%7.87%



Total Amount Invested (Rs.)Total Value as on Apr 30, 2018 (Rs.)ReturnsTotal Value of B: S&P BSE Sensex TRIB: S&P BSE Sensex TRI(Inception date :31-Mar-1996) (First Installment date : 01-Jul-1996)

1,20,0001,27,680

12.18%1,30,133

16.15%

3,60,0004,71,075

18.32%4,51,311

15.29%

6,00,0009,89,282

20.13%8,38,606

13.38%

8,40,00016,83,803

19.53%13,56,018

13.46%

12,00,00030,60,859

17.83%23,33,072

12.77%

26,20,0003,68,25,450

20.40%1,49,17,906

13.88%

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 36-48.*B: BenchmarkSource: MFI Explorer


BENCHMARK

S&P BSE Sensex TRI

MONTHLY AVERAGE AUM

Rs.1348.66 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

1.222.09


Tata India Tax Savings Fund (Erstwhile known as Tata Long Term Equity Fund; renamed w.e.f December 21, 2015)(An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit)

16.97%12.49%

6.79%6.02%5.91%

4.66%4.36%

4.12%4.12%4.05%3.87%

3.22%2.58%

2.15%2.11%2.09%

1.50%1.45%1.27%

0.93%0.72%0.70%0.57%0.38%

0.00% 5.00% 10.00% 15.00% 20.00%

BanksFinance

RetailingPharmaceuticals

Petroleum ProductsCement

Consumer Non DurablesConstruction Project

Industrial ProductsConsumer Durables

AutoConstruction

TransportationAuto AncillariesFerrous Metals

ChemicalsSoftware

PowerHotels, Resorts And Other…

Healthcare ServicesOil

FertilisersPaper

Gas

80

98

116

134

152

170


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


As on 30th April 2018INVESTMENT STYLE


DATE OF ALLOTMENT

December 28, 2015

FUND MANAGER

NAV

FUND SIZE

Rs.253.91 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs.244.19 (Rs. in Cr.)

TURN OVER


44.30%44.30%

PORTFOLIO

99.67

21.1910.8110.104.573.772.69

7.266.465.635.254.654.574.412.342.142.121.71

276700226800708000595000520900133400

97800363000277300

2430062000

272000788000

800008000022300

420000

25306.63

5380.712745.072563.311159.66958.20683.81

1843.191640.221429.621332.261181.751161.301119.75594.00542.64537.91433.23

Company name

RepoPortfolio TotalNet Current LiabilitiesNet Assets

154.9625461.59

-70.4725391.12

0.62100.29

-0.29100.00

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.

Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 20 years) & Pradeep Gokhale (Managing Since 28-Dec-15 and overall experience of 26 years) BENCHMARK

Nifty Financial Services TRI

Direct - DividendDirect - GrowthRegular - DividendRegular - Growth

::::

18.570618.570616.425317.8454

Equity & Equity Related TotalBanksHDFC Bank Ltd.Kotak Mahindra Bank Ltd.Yes Bank Ltd.Dcb Bank Ltd.City Union Bank Ltd.Bandhan Bank Ltd.FinanceHousing Development Finance Ltd.Muthoot Finance Ltd.Max Financial Services Ltd.Bajaj Finserv Ltd.Bajaj Finance Ltd.ICICI Prudential Life Insurance Company Ltd.Jm Financial Ltd.Sbi Life Insurance Company Ltd.Gruh Finance Ltd.Shriram City Union Finance Ltd.Geojit Financial Services Ltd.

No. of Shares


% of Assets

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



LOAD STRUCTURE


Exit Load :



18.500.231.001.001.23

NA

18.620.320.860.752.000.66

^Risk-free rate based on the FBIL Overnight MIBOR rate of 6% as on Apr 27, 2018For calculation methodology please refer to Pg 48

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



EXPENSE RATIO**DirectRegular

1.322.74


As on 30th April 2018PORTFOLIO

89.94

14.1211.947.997.677.096.376.015.714.394.223.943.022.882.302.28

44600111093

72100127500

68000655008300083500

1370008200041800

1300007500

2483420500

10034.42

1575.001332.45891.70856.23791.15710.90670.64637.23489.71471.25439.49336.44321.42256.70254.11

Company name

RepoPortfolio TotalCash / Net Current AssetNet Assets

943.3510977.77

178.4511156.22

8.8798.811.19

100.00

Equity & Equity Related TotalSoftwareTata Consultancy Services Ltd.Infosys Ltd.Tata Elxsi Ltd.Tech Mahindra Ltd.Niit Technologies Ltd.Mindtree Ltd.Persistent Systems Ltd.Cyient Ltd.Sonata Software Ltd.Majesco Ltd.HCL Technologies Ltd.Kpit Technologies Ltd.Oracle Financials Services Soft Ltd.Mphasis Ltd.Info Edge (India) Ltd.

No. of Shares


% of Assets

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

INVESTMENT STYLE


DATE OF ALLOTMENT

December 28,2015

FUND MANAGER

FUND SIZE

Rs.111.56 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs.90.94 (Rs. in Cr.)

TURN OVER


31.83%31.83%

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.

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 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.

Sonam Udasi (Managing Since 1-Apr - 16 and overall experience of 20 years) & Pradeep Gokhale (Managing Since 28-Dec-15 and overall experience of 26 years)

BENCHMARK

NAV

S&P BSE IT TRI


::::

14.770114.770114.181414.1814

ADDITIONAL INVESTMENT/ MULTIPLES FOR EXISTINGINVESTORS


LOAD STRUCTURE


Exit Load :



19.020.111.001.000.63

NA

18.890.170.920.900.970.32

^Risk-free rate based on the FBIL Overnight MIBOR rate of 6% as on Apr 27, 2018 For calculation methodology please refer to Pg 48

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


1.372.91







As on 30th April 2018PORTFOLIO

92.85

7.183.942.982.472.27

2.461.55

2.922.301.901.481.01

7.787.033.723.393.273.192.192.101.951.901.08

4.663.75

5.122.281.141.10

2.492.26

7920044000098500

1460000219900

300094500

35500041000016300091050

300000

5020002430000142000785569

107000084000038700

1700003100019700

148000

772410415000

825000372500031500072000

10000198500

90392.37

6987.663839.662903.782400.972206.81

2396.461504.35

2846.212241.881849.641440.78979.50

7575.436839.243619.583302.143184.323105.482131.112040.261893.681853.051050.95

4532.893650.13

4987.542220.101108.801075.07

2420.462204.44

Company name


6967.7997360.16

-10.2097349.96

7.28100.13

-0.13100.00

Equity & Equity Related TotalAutoMaruti Suzuki India Ltd.Mahindra & Mahindra Ltd.Bajaj Auto Ltd.Ashok Leyland Ltd.Escorts Ltd.Auto AncillariesMRF Ltd.Ceat Ltd.Consumer DurablesBata India Ltd.Havells India Ltd.Amber Enterprises India Ltd.Whirlpool Of India Ltd.Century Plyboards (India) Ltd.Consumer Non DurablesHindustan Unilever Ltd.ITC Ltd.Jubilant Foodworks Ltd.Radico Khaitan Ltd.Tata Global Beverages Ltd.Dabur India Ltd.Britannia Industries Ltd.Asian Paints (India) Ltd.Glaxo Smithkline Con Healthcar Ltd.Nestle India Ltd.Heritage Foods Ltd.Media & EntertainmentZee Entertainment Enterprises Ltd.Sun Tv Network Ltd.RetailingFuture Retail Ltd.Future Consumer Ltd.Trent Ltd.Avenue Supermarts Ltd.Textile ProductsPage Industries Ltd.Raymond Ltd.

No. of Shares


% of Assets

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

INVESTMENT STYLE


DATE OF ALLOTMENT

December 28, 2015

FUND MANAGER

NAV

FUND SIZE

Rs.973.50 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs.881.02 (Rs. in Cr.)

TURN OVER


32.55%32.55%

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.

Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 20 years) & Rupesh Patel (Managing Since 28-Dec-15 and overall experience of 17 years)

BENCHMARKNifty India Consumption TRI


::::

19.219819.219816.986718.4650

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

LOAD STRUCTUREEntry Load : Not ApplicableExit Load :

VOLATILITY MEASURES^ FUND BENCHMARKStd. Dev (Annualised)Sharpe RatioPortfolio BetaR SquaredTreynorJenson

14.620.241.001.001.00

NA

16.290.380.930.731.920.85


1% if redeemed on or before 18 months from the date of allotment (w.e.f 5th April, 2018)




0.972.48





DATE OF ALLOTMENTDecember 28, 2015

FUND MANAGER

FUND SIZERs.143.81 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs.139.46 (Rs. in Cr.)

TURN OVER


54.13%54.13%

PORTFOLIO

96.49

4.49

14.8010.089.879.717.696.704.624.303.573.463.062.462.022.001.891.731.511.411.11

59300

403100193000118600

53617178000259000124000150000

8000082000

90005750

360006800053000

101000110002500034000

13875.96

645.60

2128.971450.111419.351396.831106.27964.13664.52618.23512.84497.45440.77353.17290.97287.33271.52248.97216.76202.93159.24

Company name


449.1614325.12

56.1614381.28

3.1499.630.37

100.00

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.

Sonam Udasi (Managing Since 1-Apr - 16 and overall experience of 20 years) & Rupesh Patel (Managing Since 28-Dec-15 and overall experience of 17 years)

BENCHMARK

NAV

Nifty Pharma TRI


::::

9.30649.30648.94378.9437

Equity & Equity Related TotalHealthcare ServicesApollo Hospitals Enterprise Ltd.PharmaceuticalsSun Pharmaceutical Industries Ltd.IPCA Laboratories Ltd.Divi Laboratories Ltd.Piramal Enterprises Ltd.Syngene International Ltd.Dishman Carbogen Amcis Ltd.Alembic Pharmaceuticals Ltd.Cadila Healthcare Ltd.Aurobindo Pharma Ltd.Cipla Ltd.Sanofi India Ltd.Abbott India Ltd.Natco Pharma Ltd.Sun Pharma Advanced Research Co Ltd.Laurus Labs Ltd.Fdc Ltd.Alkem Laboratories Ltd.Lupin Ltd.Shilpa Medicare Ltd.

No. of Shares


% of Assets

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





16.49-0.301.001.00

-1.42NA

14.63-0.190.800.81

-1.020.32






1.262.84







DATE OF ALLOTMENTDecember 28, 2015

FUND MANAGER

NAV

FUND SIZERs. 47.69 (Rs. in Cr.)

MONTHLY AVERAGE AUMRs. 47.85 (Rs. in Cr.)

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

58.47%58.47%

PORTFOLIO

98.04

6.465.152.111.971.81

4.003.532.51

4.102.43

2.35

5.814.31

3.44

1.98

3.84

3.142.472.22

9.57

10.905.613.182.301.90

750022500

33009400

11300

250001550013350

235005300

57000

8533390600

121000

40000

101500

32005350014500

219700

54000165000

780003600023300

4676.13

308.25245.49100.59

93.9086.18

190.74168.42119.54

195.61115.85

111.92

277.33205.39

163.89

94.28

183.21

149.78117.83106.09

456.21

520.07267.80151.67109.67

90.44

Company namePrimarily 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 seek long term capital appreciation by investing atleast 80% of its 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.

Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 20 years) & Rupesh Patel (Managing Since 28-Dec-15 and overall experience of 17 years)

BENCHMARKNifty Commodities TRI


::::

15.704715.704713.829315.0630


45.9886.90

4763.036.43

4769.46

0.961.81

99.850.15

100.00

Equity & Equity Related TotalCementUltratech Cement Ltd.Grasim Industries Ltd.Dalmia Bharat Ltd.J K Cement Ltd.Birla Corporation Ltd.ChemicalsTata Chemicals Ltd.Pidilite Industries Ltd.Vinati Organics Ltd.Ferrous MetalsTata Metaliks Ltd.APL Apollo Tubes Ltd.FertilisersChambal Fertiliser & Chemicals Ltd.GasGail ( India ) Ltd.Petronet Lng Ltd.Minerals/MiningGujarat Mineral Dev Corp Ltd.Non - Ferrous MetalsHindalco Industries Ltd.OilOil & Natural Gas Co.PesticidesBayer Cropscience Ltd.Rallis India Ltd.UPL Ltd.PowerPower Grid Corporation Of India Ltd.Petroleum ProductsReliance Industries Ltd.Indian Oil Corporation Ltd.Castrol India Ltd.Hindustan Petroleum Corporation Ltd.Bharat Petroleum Corporation Ltd.

No. of Shares


% of Assets

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

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



17.540.281.001.001.41

NA

14.980.250.800.911.31

-0.08^Risk-free rate based on the FBIL Overnight MIBOR rate of 6% as on Apr 27, 2018 For calculation methodology please refer to Pg 48


MINIMUM INVESTMENT /MULTIPLES FOR NEW INVESTMENTRs. 5,000/- and in multiples of Re. 1/- thereafter.


1.292.90






INVESTMENT STYLE


DATE OF ALLOTMENT

December 31, 2004

FUND MANAGER

NAV


::::

60.355731.546258.851827.9238

FUND SIZE

Rs.655.82 (Rs. in Cr.)

TURN OVER


33.80%33.80%





LOAD STRUCTURE


Exit Load :

PORTFOLIO



% of Assets

64858.13

3328.071810.251750.14

2273.991564.271471.361367.79686.39

1056.85

3987.981046.00993.30833.80

3709.643480.492343.801432.77

972.12

2276.51885.27

1213.02870.21

98.90

5.072.762.67

3.472.392.242.091.05

1.61

6.081.591.511.27

5.665.313.572.18

1.48

3.471.35

1.851.33

117000050000090000

1350019000035800

13693090000

100000

12320001000000660000298000

972000248500

17550001080925

81000

38280040500

2070000990000



% of Assets




Returns

Total Value of B: Nifty 500 TRI

B: Nifty 500 TRI


AB: Nifty 50 TRI

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

1,20,000

1,23,166

4.97%

1,28,894

14.14%

1,28,627

13.71%

3,60,000

4,45,598

14.39%

4,64,518

17.32%

4,49,584

15.02%

6,00,000

9,11,410

16.76%

9,04,748

16.46%

8,42,764

13.58%

8,40,000

14,14,334

14.64%

14,76,564

15.84%

13,59,145

13.52%

12,00,000

21,79,678

11.49%

25,43,234

14.38%

23,29,851

12.74%

15,90,000

34,23,223

10.90%

40,90,760

13.31%

38,22,998

12.40%

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

Rupesh Patel (Managing Since 1-Jan-14 and overall experience of 17 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.


14.140.161.001.000.63

NA

17.190.111.140.880.46

-0.19






Issuer NameKNR ConstructionSadbhav Engineering Ltd.Larsen & Toubro Ltd.ICICI Bank Ltd.Astral Poly Technik Ltd.Power Grid Corporation Of India Ltd.NCC Ltd.Tata Steel Ltd.Shree Cement Ltd.Finolex Cables Ltd.Total

% to NAV6.085.665.315.073.923.903.573.533.472.93

43.44

Large Cap

Mid Cap

Small Cap

GasGujarat State Petronet Ltd.Industrial Capital GoodsABB India Ltd.Thermax Ltd.Bharat Electronics Ltd.Industrial ProductsAstral Poly Technik Ltd.Finolex Cables Ltd.AIA Engineering Ltd.Timken India Ltd.Schaeffler Ltd.Grindwell Norton Ltd.Ador Welding Ltd.Cummins India Ltd.Petroleum ProductsHindustan Petroleum Corporation Ltd.Indian Oil Corporation Ltd.PowerPower Grid Corporation Of India Ltd.Kalpataru Power Transmission Ltd.Torrent Power Ltd.TransportationInterglobe Aviation Ltd.Container Corporation Of India Ltd.

900000

102600100000693000

27000027500010340018250021000

20000018000090000

360000648000

1233000182500315000

13700078500

1602.45

1390.231142.75910.60

2569.591920.741493.771256.601134.001015.80705.06692.87

1096.741051.70

2560.32887.50778.05

1917.591024.94

2.44

2.121.741.39

3.922.932.281.921.731.551.081.06

1.671.60

3.901.351.19

2.921.56


352.81709.87

65568.0014.08

65582.08

0.541.09

99.990.01

100.00


43.52%

44.22%

12.26%



BENCHMARK

Nifty 500 TRI

MONTHLY AVERAGE AUM

Rs.650.16 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

2.142.71



Tata Infrastructure Fund(An Open-Ended Equity Scheme)

Equity & Equity Related TotalBanksICICI Bank Ltd.Yes Bank Ltd.HDFC Bank Ltd.CementShree Cement Ltd.The Ramco Cements Ltd.Ultratech Cement Ltd.J K Cement Ltd.Birla Corporation Ltd.ChemicalsSolar Industries India Ltd.ConstructionKNR Constructions Ltd.NBCC India Ltd.Welspun Enterprises Ltd.Brigade Enterprises Ltd.Construction ProjectSadbhav Engineering Ltd.Larsen & Toubro Ltd.NCC Ltd.Sadbhav Infrastructure Project Ltd.Consumer Non DurablesAsian Paints (India) Ltd.Ferrous MetalsTata Steel Ltd.APL Apollo Tubes Ltd.FinanceIDFC Ltd.Power Finance Corporation Ltd.

16.72%16.45%

11.23%10.50%10.46%

6.44%5.36%5.25%

4.49%3.28%3.18%

2.44%1.61%1.48%

0.00% 5.00% 10.00% 15.00% 20.00%

Construction ProjectIndustrial Products

CementBanks

ConstructionPower

Ferrous MetalsIndustrial Capital Goods

TransportationPetroleum Products

FinanceGas

ChemicalsConsumer Non Durables

80

96

112

128

144

160


Tata Infrastructure Fund - Reg - GrowthNifty 500 TRI






INVESTMENT STYLE


DATE OF ALLOTMENT

October 8, 1995

FUND MANAGER

NAV

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

: 218.747279.117470.3100

210.107875.210466.9353

: : : :

FUND SIZE

Rs.5552.16 (Rs. in Cr.)

TURN OVER


377.12%30.77%





LOAD STRUCTURE


Exit Load :

PORTFOLIO

405148.21

10206.008822.807853.85

6628.655889.00

38892.0015929.2014119.9512527.12

6157.505694.60

6164.93

19608.408129.15

16992.549657.927243.70

9755.89

6066.66

6953.40

9389.605585.14

22151.30

7130.035956.00

9136.60

11565.4010794.60

5656.9994489.29

72.97

1.841.591.41

1.191.06

7.002.872.542.261.111.03

1.11

3.531.46

3.061.741.30

1.76

1.09

1.25

1.691.01

3.99

1.281.07

1.65

2.081.941.02

17.02

Name of the Instrument Ratings Market ValueRs. Lakhs

% to NAV


14887.06546907.08

8308.87555215.95

2.6998.51

1.49100.00


Total Amount Invested (Rs.)Total Value as on Apr 30, 2018 (Rs.)ReturnsTotal Value of B: CRISIL Hybrid 35+65 - Aggressive IndexB: CRISIL Hybrid 35+65 - 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)

1,20,0001,24,025

6.33%1,26,128

9.68%1,30,133

16.15%

3,60,0004,14,303

9.36%4,37,278

13.08%4,51,311

15.29%

6,00,0008,38,328

13.36%8,34,546

13.18%8,38,606

13.38%

8,40,00014,22,437

14.80%13,36,932

13.06%13,56,018

13.46%

12,00,00026,48,732

15.14%22,71,952

12.27%23,33,072

12.77%

26,70,0002,58,40,240

17.36%1,26,47,104

12.27%1,55,20,853

13.75%

Invests 65% to 75% investment in Equity & equity related instruments & 25% 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.).

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

Pradeep Gokhale (Managing Since 1-Apr-16 and overall experience of 26 years) (Equity) & Murthy Nagarajan (Managing since 1-Apr-17 and overall experience of 21 years) (Debt)


9.040.211.001.000.54

NA

10.750.071.140.940.19

-0.41^Risk-free rate based on the FBIL Overnight MIBOR rate of 6% as on Apr 27, 2018 For calculation methodology please refer to Pg 48

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

Equity & Equity Related TotalAutoTata Motors Ltd.Maruti Suzuki India Ltd.Mahindra & Mahindra Ltd.Auto AncillariesExide Industries Ltd.Apollo Tyres Ltd.BanksHDFC Bank Ltd.ICICI Bank Ltd.Yes Bank Ltd.Kotak Mahindra Bank Ltd.State Bank Of IndiaIndusind Bank Ltd.CementUltratech Cement Ltd.Construction ProjectLarsen & Toubro Ltd.Sadbhav Engineering Ltd.Consumer Non DurablesITC Ltd.Hindustan Unilever Ltd.United Spirits Ltd.FinanceHousing Development Finance Ltd.GasGail ( India ) Ltd.Industrial ProductsBharat Forge Ltd.Media & EntertainmentZee Entertainment Enterprises Ltd.Sun Tv Network Ltd.Petroleum ProductsReliance Industries Ltd.PharmaceuticalsSun Pharmaceutical Industries Ltd.Dishman Carbogen Amcis Ltd.PowerPower Grid Corporation Of India Ltd.SoftwareHCL Technologies Ltd.Infosys Ltd.Oracle Financials Services Soft Ltd.Other Equities^

V



Issuer NameHDFC Bank Ltd.Reliance Industries Ltd.Larsen & Toubro Ltd.ITC Ltd.ICICI Bank Ltd.Yes Bank Ltd.Kotak Mahindra BankHCL Technologies Ltd.Infosys Ltd.Tata Motors Ltd.Total

% to NAV7.003.993.533.062.872.542.262.081.941.84

31.11


Debt InstrumentsGovernment SecuritiesGOI - 6.68% (17/09/2031)GOI - 7.72% (25/05/2025)GOI - 6.79% (15/05/2027)GOI - 6.84% (19/12/2022)GOI - 7.35% (22/06/2024)GOI - 8.13% (21/09/2022)GOI - 7.80% (03/05/2020)SDL Punjab 7.07% (28/12/2020)GOI - 7.17% (08/01/2028)GOI - 8.24% (15/02/2027)GOI - 8.30% (02/07/2040)SDL Andhra Pradesh 7.51% (13/09/2037)GOI - 7.73% (19/12/2034)GOI - 6.57% (05/12/2033)GOI - 7.68% (15/12/2023)SDL Tamilnadu 8.14% (27/05/2025)GOI - 6.79% (26/12/2029)Non-Convertible Debentures/Bonds08.50 % HDFC Ltd.08.78 % Indiabulls Housing Finance Ltd.07.80 % Kotak Mahindra Investments Ltd.07.85 % Power Finance Corporation08.55 % Talwandi Sabo Power Ltd.07.85 % HDFC Ltd.07.95 % HDFC Ltd.06.99 % Rural Electrification Corp. Ltd.08.32 % Reliance Jio Infocomm Ltd.07.95 % Sikka Ports And Terminals Ltd.07.68 % Housing & Urban Development Corporation Ltd.09.36 % Power Finance Corporation08.70 % Power Finance Corporation07.98 % Andhra Bank09.45 % State Bank Of India09.40 % Blue Dart Express Ltd.09.50 % Blue Dart Express Ltd.Privately Placed/Unlisted08.00 % ONGC Petro-Additions Ltd.08.15 % Vodafone Mobile Services Ltd.Money Market InstrumentsNABARD - CPAxis Bank Ltd. - CDKotak Mahindra Bank - CDHDFC Ltd. - CP

57801.7213394.46

8945.978640.826747.166718.535057.543025.522455.661015.16

610.35388.40278.70244.15128.11

75.1048.3027.79

39839.646010.755014.154991.604831.524471.263984.722488.682434.211497.221436.281084.74

513.97504.73478.05

78.3311.08

8.359882.477401.952480.52

19347.989822.664701.472480.452343.40

SOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOV

CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AA(so)CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AAACRISIL- AAACRISIL- AAA

IND AACRISIL- AAA

ICRA- AAICRA- AA

ICRA- AAA(so)CRISIL- AA

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

3000000100000900000

26750002000000

20000005600000390000010350002500000

300000

150000

14000002130000

6037500640000200000

517650

1866666

900000

1600000635000

2300000

13500001600000

4400000

1100000900000132000

10.412.411.611.561.221.210.910.540.440.180.110.070.050.040.020.010.010.017.181.080.900.900.870.810.720.450.440.270.260.200.090.090.090.010.000.001.781.330.453.481.770.850.450.42

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 36-48.*B: BenchmarkSource: MFI Explorer

80.14%14.84%5.02%


Company Name No. of SharesMarket Value

Rs. Lakhs% of

Assets

BENCHMARK

CRISIL Hybrid 35+65 - Aggressive Index

MONTHLY AVERAGE AUM

Rs.5491.21 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.752.18


Tata Balanced Fund(An Open-Ended Balanced Scheme)

Modified DurationAverage Maturity

Gross Yield to Maturity (For Debt Component)

i. Including NCA* ii. Excluding NCA**NCA - Net Current Assets

: 2.97 Years4.15 Years

7.48%7.71%

:

::

18.07%6.53%

6.10%6.00%

5.46%4.84%

4.08%4.00%

3.29%2.70%2.69%

2.36%1.65%

1.09%0.93%0.86%0.84%0.76%0.72%

0.00% 5.00% 10.00% 15.00% 20.00%

BanksConstruction Project

Consumer Non DurablesSoftware

Petroleum ProductsAuto

Auto AncillariesFinanceCement

Media & EntertainmentIndustrial Products

PharmaceuticalsPower

GasHotels, Resorts And Other Recreational…

Industrial Capital GoodsTransportation

Consumer DurablesNon - Ferrous Metals

90102114126138150


Tata Balanced Fund - Reg - GrowthCRISIL Hybrid 35+65 - Aggressive Index






INVESTMENT STYLE


DATE OF ALLOTMENT

April 27, 2000

FUND MANAGER

NAV

Monthly DividendGrowthPeriodic DividendDirect - GrowthDirect - Monthly DividendDirect - Periodic Dividend

14.132931.347715.031633.018315.226516.0657

FUND SIZE

Rs. 214.93 (Rs. in Cr.)




LOAD STRUCTURE


Exit Load :

PORTFOLIO% toNAV

Company name

RepoPortfolio TotalCash / Net Current LiabilitiesNet Assets

6.30101.91

-1.91100.00

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.

Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 20 years)(for equity portfolio) & Murthy Nagarajan (Managing since 1-Apr-17 and overall experience of 21 years) (for Debt Portfolio)

::::::


4.610.261.001.000.34

NA

4.47-0.070.760.64

-0.11-0.35


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 48

0.25% of the applicable NAV, if redeemed on or before expiry of 90 days from the date of allotment. (w.e.f. Oct 1, 2016)



i. Including NCA* ii. Excluding NCA*

*NCA - Net Current Assets


7.28%7.93%

:

::



Issuer NameHindustan Unilever Ltd.HDFC Bank Ltd.Yes Bank Ltd.Power Grid Corporation Of India Ltd.Larsen & Toubro Ltd.Bajaj Auto Ltd.Reliance Industries Ltd.Radico Khaitan Ltd.Jubilant Foodworks Ltd.Bata India Ltd.Total

% to NAV1.541.380.840.810.740.720.720.700.680.658.77

Large Cap

Mid Cap

Small Cap

66.05%

31.17%

2.78%

"Market Capitalisation includes only domestic listed Equity exposure in BSE. Large Cap Companies are top 125 stocks by market capitalisation on S&P BSE 500 Index and Mid Cap stocks are those between 126 to 499 stocks by market capitalisation and 500 & above being classified as Small cap. For calculation purpose, the previous month market capitalisation data have been used. All the figures has been rebased to 100 (Based on internal calculation).

66.9817.32

0.720.50

0.44

1.380.840.56

0.46

0.740.48

0.650.46

1.540.700.68

0.550.530.53

0.33

0.49

0.500.31

0.720.50

0.81

0.640.53

0.48

0.26

Equity & Equity Related TotalUnhedge PositionsAutoBajaj Auto Ltd.Maruti Suzuki India Ltd.Auto AncillariesCeat Ltd.BanksHDFC Bank Ltd.Yes Bank Ltd.Kotak Mahindra Bank Ltd.CementGrasim Industries Ltd.Construction ProjectLarsen & Toubro Ltd.Voltas Ltd.Consumer DurablesBata India Ltd.Havells India Ltd.Consumer Non DurablesHindustan Unilever Ltd.Radico Khaitan Ltd.Jubilant Foodworks Ltd.FinanceHousing Development Finance Ltd.Max Financial Services Ltd.Muthoot Finance Ltd.Industrial Capital GoodsBharat Electronics Ltd.Industrial ProductsFinolex Cables Ltd.Media & EntertainmentSun Tv Network Ltd.Zee Entertainment Enterprises Ltd.Petroleum ProductsReliance Industries Ltd.Hindustan Petroleum Corporation Ltd.PowerPower Grid Corporation Of India Ltd.RetailingFuture Consumer Ltd.Future Retail Ltd.SoftwareMajesco Ltd.Textile ProductsRaymond Ltd.

Company name % toNAV

% to NAVDerivative

Granules India Ltd.Granules India Ltd. - FutureCesc Ltd.Cesc Ltd. - FutureIDFC Ltd.IDFC Ltd. - FutureSun Tv Network Ltd.Sun Tv Network Ltd. - FutureJindal Steel & Power Ltd.Jindal Steel & Power Ltd. - FutureBEML Ltd.BEML Ltd.- FutureTata Communications Ltd.Tata Communications Ltd. - FutureDlf Ltd.Dlf Ltd. - FutureBharat Financial Inclusion Ltd.Bharat Financial Inclusion Ltd. - FutureMuthoot Finance Ltd.Muthoot Finance Ltd. - FutureTata Motors - DvrTata Motors - Dvr - FutureBharat Electronics Ltd.Bharat Electronics Ltd. - FutureFederal Bank Ltd.Federal Bank Ltd. - FutureICICI Prudential Life Insurance Company Ltd.ICICI Prudential Life Insurance Company Ltd. - FutureNBCC India Ltd.NBCC India Ltd. - Future

-3.81

-3.38

-3.01

-2.76

-2.65

-2.50

-1.75

-1.67

-1.47

-1.14

-1.03

-0.94

-0.48

-0.29

-0.24

3.79

3.37

2.99

2.74

2.63

2.49

1.74

1.66

1.47

1.14

1.02

0.94

0.48

0.28

0.23

Company name % toNAV

% to NAVDerivative

Hedge PositionsDewan Housing Finance Corporation Ltd.Dewan Housing Finance Corporation Ltd. - FutureTV18 Broadcast Ltd.TV18 Broadcast Ltd. - FutureTata Global Beverages Ltd.Tata Global Beverages Ltd. - FutureCentury Textiles & Industries Ltd.Century Textiles & Industries Ltd. - Future

-49.97

-9.05

-5.40

-4.57

-3.83

49.668.99

5.35

4.55

3.81

Name of the Instrument Ratings % toNAV

Non-Convertible Debentures/Bonds09.75 % Reliance Utilities And Power Private Ltd.08.45 % Sikka Ports And Terminals Ltd.07.17 % National Highways Authority Of India07.90 % India Infradebt Ltd.07.42 % LIC Housing Finance Ltd.07.49 % Indian Railways Finance Corporation Ltd.08.49 % NHPC Ltd.08.32 % Reliance Jio Infocomm Ltd.09.04 % Rural Electrification Corp. Ltd.08.40 % Power Finance Corporation09.70 % EXIMMargin DepositsHDFC BANK LTDCash (Placed As Margin Money )

16.852.432.312.252.252.242.191.870.700.240.230.14

11.782.099.68

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

Total stock in Portfolio 28:

BENCHMARK

Nifty 50 Index TRI (35%),Nifty 50 Arbitrage Index (30%), Crisil Short Term Bond Fund Index (35%)

MONTHLY AVERAGE AUM

Rs. 220.21 (Rs. in Cr.)

TURN OVER


856.18%93.12%

EXPENSE RATIO**

Direct

Regular

0.81

1.82**Note: The rates specified are the actual weighted average expenses charged for the month of Apr 2018. 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 Regular Savings Equity Fund(An Open-Ended Equity Scheme)


Total Amount Invested (Rs.)Total Value as on Apr 30, 2018 (Rs.)ReturnsTotal Value of B: Nifty 50 TRI Index (35%),Nifty 50 Arbitrage Index (30%),Crisil Short Term Bond Fund Index (35%)B: Nifty 50 TRI Index (35%),Nifty 50 Arbitrage Index (30%),Crisil Short Term Bond Fund Index (35%)Total Value of AB: S&P BSE Sensex TRIAB: S&P BSE Sensex TRI(Inception date :27-Apr-2000) (First Installment date : 01-May-2000)

120,000122,094

3.28%127,956

12.62%

130,13316.15%

360,000392,970

5.79%423,808

10.92%

451,33115.29%

600,000702,153

6.24%776,422

10.27%

838,37013.37%

840,0001,062,937

6.63%1,207,703

10.21%

1,355,34013.44%

1,200,0001,674,335

6.49%1,667,510

6.41%

2,328,49712.73%

2,160,0004,087,485

6.65%3,172,683

4.09%

9,806,15614.98%



2.92%2.77%

1.60%1.22%1.22%1.21%

1.18%1.11%

0.81%0.81%

0.49%0.48%0.46%0.44%

0.33%0.26%

0.00% 1.00% 2.00% 3.00%

Consumer Non DurablesBanks

FinanceAuto

Construction ProjectPetroleum Products

RetailingConsumer Durables

Media & EntertainmentPower

Industrial ProductsSoftwareCement

Auto AncillariesIndustrial Capital Goods

Textile Products

90100110120130140

Jul-15 Apr-16 Dec-16 Aug-17 Apr-18

Tata Regular Saving Equity Fund - Reg - Mthly DividendNifty 50 TRI Index (35%),Nifty 50 Arbitrage Index (30%), Crisil Short Term Bond Fund Index (35%)




INVESTMENT STYLE


DATE OF ALLOTMENT

September 03,2003

FUND MANAGER

NAV


27.652516.410226.218415.1177

FUND SIZE

Rs.701.43 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs.755.80 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular





7.44%7.54%

:

::





LOAD STRUCTURE


Exit Load :

PORTFOLIO

Name of the Instrument

21688.1519193.862235.62

99.3399.3048.8311.21

25277.914964.46

3864.75

3559.412528.412494.72

2468.432449.221476.74

1471.77

30.9227.363.190.140.140.070.02

36.047.08

5.51

5.073.603.56

3.523.492.11

2.10

SOVSOVSOVSOVSOVSOV

ICRA- AAA

CRISIL- AAA

CRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AAA

Name of the Instrument RatingsRs. Lakhs

% to NAV

Repo

Portfolio Total

Cash / Net Current Asset

Net Assets

15444.39

67227.97

2915.27

70143.24

22.02

95.85

4.15

100.00





Returns

Total Value of B: CRISIL Composite Bond Fund Index

B: CRISIL Composite Bond Fund Index

Total Value of AB: CRISIL 10 Yr Gilt Index

AB: CRISIL 10 Yr Gilt Index

(Inception date :03-Sep-2003) (First Installment date : 01-Oct-2003)

120,000

120,175

0.28%

120,364

0.58%

116,850

-4.95%

360,000

389,437

5.21%

393,379

5.89%

376,156

2.90%

600,000

716,377

7.06%

728,145

7.71%

689,259

5.51%

840,000

1,112,348

7.92%

1,117,276

8.05%

1,040,832

6.05%

1,200,000

1,788,739

7.76%

1,802,698

7.91%

1,630,756

5.99%

1,750,000

3,066,485

7.32%

3,084,607

7.39%

2,755,700

5.97%

[ICRA]AAAmfs 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.

Std. Dev (Annualised)Portfolio BetaR SquaredTreynorJenson

3.531.001.000.21

NA

3.761.060.870.04

-0.18

^Risk-free rate based on the FBIL Overnight MIBOR rate of 6% as on Apr 27, 2018 For calculation methodology please refer Pg 48

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 - 7.17% (08/01/2028)GOI - 6.68% (17/09/2031)GOI - 7.72% (26/10/2055)GOI - 7.88% (19/03/2030)GOI 7.35% (22/06/2024)GOI - 7.37% (16/04/2023)Non-Convertible Debentures/Bonds07.70 % Housing & UrbanDevelopment Corporation Ltd.07.60 % Reliance Utilities AndPower Private Ltd.07.85 % Power Finance Corporation08.90 % Reliance Jio Infocomm Ltd.07.85 % Small Indust Devlop BankOf India07.38 % Kotak Mahindra Prime Ltd.07.05 % Power Finance Corporation08.01 % Rural ElectrificationCorp. Ltd.08.37 % India Infradebt Ltd.

2467.322467.322350.202350.20

3.523.523.353.35

ICRA- AAA(so)

CRISIL- A1+

Privately Placed/Unlisted08.00 % ONGC Petro-additions Ltd.Money Market InstrumentsHDFC Ltd. - CP

Market ValueRatingsRs. Lakhs

% to NAV

Market Value

Maturity Ladder

Composition by Ratings Instrument Wise Composition

NAV Movement


Akhil Mittal (Managing Since 26-Jun-14 and overall experience of 15 years)

BENCHMARK

CRISIL Composite Bond Fund Index

0.601.70

::::


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

42.91%

30.92%

26.17%A1+ / AAA

SOV

Cash & Cash Equivalents

39.56%

30.92%

3.35%

26.17% NCD - Non Convertible Deb

Government Securities

Commercial Papers


28.93%

24.77%

7.69%

30.98%

3.47%

4.16%

0.00% 10.00% 20.00% 30.00% 40.00%

0 - 1 Yrs

1 - 3 Yrs

3 - 7 Yrs

7 - 10 Yrs

Abv 10 Yrs

Cash & Others

90

98

106

114

122

130


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


VOLATILITY MEASURES^ FUND BENCHMARKStd. Dev (Annualised)Portfolio BetaR SquaredTreynorJenson

3.531.001.000.21

NA

3.290.910.880.07

-0.13



INVESTMENT STYLE


DATE OF ALLOTMENT

November 11,2002

FUND MANAGER

NAVDirect - GrowthDirect - BonusReg - GrowthReg - Dividend

::::

28.249713.806126.754213.0776

Rs. 76.81 (Rs. in Cr.)





LOAD STRUCTURE


Exit Load :

PORTFOLIO


% to NAV

4848.521012.111001.20513.72504.73496.76

483.78430.24405.98

491.10491.10

63.1213.1813.046.696.576.47

6.305.605.29

6.396.39


% to NAV


1966.277305.89374.98

7680.87

25.6195.134.87

100.00





Returns

Total Value of B: Crisil Composite Bond Fund Index

B: Crisil Composite Bond Fund Index



(Inception date :11-Nov-2002) (First Installment date : 01-Jan-2003)

120,000

121,568

2.49%

120,364

0.58%

116,850

-4.95%

360,000

393,851

5.97%

393,379

5.89%

376,156

2.90%

600,000

717,840

7.14%

728,145

7.71%

689,259

5.51%

840,000

1,102,106

7.66%

1,117,276

8.05%

1,040,832

6.05%

1,200,000

1,770,692

7.57%

1,802,698

7.91%

1,630,756

5.99%

1,840,000

3,239,785

7.00%

3,317,221

7.29%

2,957,023

5.91%

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 & capital appreciation through a portfolio constituted of medium term debt instruments & money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

Murthy Nagarajan (Managing Since 1-Apr-17 and overall experience of 21 years)

FUND SIZE


1% of NAV if redeemed on or beforeexpiry of 365 days from the date ofallotment.

Debt InstrumentsNon-Convertible Debentures/Bonds09.00 % Grasim Industries Ltd.08.35 % Petronet LNG Ltd.09.25 % Reliance Jio Infocomm Ltd.08.70 % Power Finance Corporation08.45 % Sikka Ports AndTerminals Ltd.07.90 % India Infradebt Ltd.07.98 % Andhra Bank09.39 % Rural ElectrificationCorp. Ltd.Privately Placed/Unlisted08.30 % SBI Cards & PaymentServices Pvt. Ltd.

Market Value

Maturity Ladder


NAV Movement

CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AAAIND AA

CRISIL- AAA

CRISIL- AAA


For scheme performance refer pages 36-48.

*B: Benchmark, AB: Additional Benchmark

Source: MFI Explorer





7.26%7.63%

:

::

BENCHMARK

Crisil Composite Bond Fund Index

MONTHLY AVERAGE AUM

Rs. 77.42 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.951.86


Tata Medium Term Fund(An Open-Ended Debt Scheme)

(Erstwhile known as Tata Income Plus Fund; renamed w.e.f March 17, 2017)

63.92%5.60%

30.48% A1+ / AAA

AA+ / AA


69.52%

30.48%NCD - Non Convertible Deb


38.63%

11.86%

39.03%

5.60%

0.00%

4.88%

0.00% 10.00% 20.00% 30.00% 40.00%

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 Composite Bond Fund Index





INVESTMENT STYLE


DATE OF ALLOTMENT

April 28, 1997

FUND MANAGER

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

::::::

54.084213.634630.795351.859413.010530.0819

FUND SIZE

Rs. 112.41 (Rs. in Cr.)




LOAD STRUCTURE

Entry Load :

:

Not Applicable

Exit Load

PORTFOLIO


3779.231492.041439.54487.24329.7426.414.26

3100.96993.51961.43

653.77

492.25982.20982.20

33.6213.2712.814.332.930.230.04

27.588.848.55

5.82

4.388.748.74


% to NAV

Repo

Portfolio Total


Net Assets

2560.46

10422.86

818.62

11241.48

22.78

92.72

7.28

100.00





Returns

Total Value of B: Crisil Composite Bond Fund Index

B: Crisil Composite Bond Fund Index



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

120,000

120,364

0.58%

119,707

-0.46%

116,850

-4.95%

360,000

387,214

4.83%

393,379

5.89%

376,156

2.90%

2,490,000

5,539,333

7.12%

5,209,615

6.61%

4,909,975

6.10%

1,200,000

1,743,474

7.27%

1,802,698

7.91%

1,630,756

5.99%

840,000

1,092,064

7.40%

1,117,276

8.05%

1,040,832

6.05%

600,000

708,252

6.60%

728,145

7.71%

689,259

5.51%


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

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


Half Yearly Dividend Plan, Periodic Dividend Plan, rowth 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.


3.531.001.000.21

NA

3.771.080.920.02

-0.20


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 - 7.68% (15/12/2023)GOI - 7.17% (08/01/2028)GOI - 7.16% (20/05/2023)GOI - 6.84% (19/12/2022)GOI - 7.88% (19/03/2030)GOI - 6.79% (26/12/2029)Non-Convertible Debentures/Bonds08.45 % Sikka Ports And Terminals Ltd.07.67 % Reliance Utilities AndPower Private Ltd.09.84 % IOT Utkal EnergyServices Ltd.08.01 % Rural Electrification Corp. Ltd.Privately Placed/Unlisted08.30 % SBI Cards &Payment Services Pvt. Ltd.

SOVSOVSOVSOVSOVSOV

CRISIL- AAACRISIL- AAA

CRISIL- AAA(so)

CRISIL- AAA

CRISIL- AAA

Maturity Ladder


NAV Movement

For calculation methodology please refer Pg 48 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 36-48. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer





7.10%7.65%

:

::

BENCHMARK

Crisil Composite Bond Fund Index

MONTHLY AVERAGE AUM

Rs. 115.61 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

0.382.02


Tata Long Term Debt Fund (Erstwhile known as Tata Income Fund; renamed w.e.f December 1, 2016)(An Open-Ended Debt Scheme)

36.32%

33.62%

30.06%A1+ / AAA

SOV


36.32%

33.62%

30.06%NCD - Non Convertible Deb



24.91%

3.69%

46.67%

17.18%

0.27%

7.28%

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 Long Term Debt Fund - Reg - GrowthCrisil Composite Bond Fund Index




1.351.001.000.17

NA

1.391.000.910.08

-0.09



INVESTMENT STYLE


DATE OF ALLOTMENT

August 8, 2002

FUND MANAGER

NAV

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

::::::

33.478115.676617.752632.214415.056917.0701

FUND SIZE

Rs. 6230.70 (Rs. in Cr.)





LOAD STRUCTURE


Exit Load :

PORTFOLIO


59691.379766.729646.458840.377586.315854.014666.904086.952526.362409.701531.83994.00482.07449.46244.42190.94177.12108.6468.0461.08

355320.2722960.1421421.0317719.2917507.2315018.8914239.7112268.9911630.7011540.9410957.9810000.579837.379803.379787.739760.748015.815081.415026.115009.905008.175007.685003.344999.894991.604989.434975.314967.574959.744946.614939.424936.874929.634928.47

9.581.571.551.421.220.940.750.660.410.390.250.160.080.070.040.030.030.020.010.01

57.033.693.442.842.812.412.291.971.871.851.761.611.581.571.571.571.290.820.810.800.800.800.800.800.800.800.800.800.800.790.790.790.790.79

SOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOVSOV


ICRA- AAA(so)CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

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

ICRA- AAA(so)CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA


% to NAV


25503.49595375.9227694.03

623069.95

4.1095.564.44

100.00


Total Amount Invested (Rs.)Total Value as on Apr 30, 2018 (Rs.)ReturnsTotal Value of B: Crisil Short Term Bond Fund IndexB: Crisil Short Term Bond Fund IndexTotal Value of AB: CRISIL 1 Yr T-Bill IndexAB: CRISIL 1 Yr T-Bill Index(Inception date :08-Aug-2002) (First Installment date : 01-Sep-2002)

120,000

122,428

3.87%

122,730

4.35%

123,851

6.16%

360,000

395,394

6.24%

398,325

6.74%

396,520

6.43%

600,000

721,012

7.32%

728,612

7.74%

714,695

6.97%

840,000

1,111,314

7.90%

1,120,526

8.13%

1,079,979

7.09%

1,200,000

1,809,525

7.98%

1,817,827

8.07%

1,702,483

6.82%

1,880,000

3,643,411

7.96%

3,555,265

7.68%

3,173,624

6.36%


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

To create a liquid portfolio of debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unitholders.

Murthy Nagarajan (Managing Since 1-Apr-17 and overall experience of 21 years)


Nil (w.e.f. 7th July, 2017)

Ratings Market ValueRs. Lakhs

% to NAV


NAV MovementMaturity Ladder

Debt InstrumentsGovernment SecuritiesGOI - 7.35% (22/06/2024)SDL Gujarat 8.99% (14/03/2022)SDL Punjab 7.07% (28/12/2020)GOI - 8.13% (21/09/2022)SDL Punjab 6.90% (11/01/2021)GOI - 6.68% (17/09/2031)SDL Punjab 6.99% (13/10/2020)SDL Punjab 8.34% (06/10/2020)GOI - 6.84% (19/12/2022)SDL Gujarat 7.21% (09/08/2027)GOI - 7.72% (25/05/2025)SDL Rajasthan Uday 8.15% (23/06/2021)SDL Kerala 8% (11/04/2028)GOI - 6.79% (26/12/2029)GOI - 6.79% (15/05/2027)SDL Maharashtra 7.33% (13/09/2027)GOI - 7.17% (08/01/2028)GOI - 7.68% (15/12/2023)GOI - 8.27% (09/06/2020)Non-Convertible Debentures/bonds07.85 % NABARD06.99 % Rural Electrification Corp. Ltd.09.04 % Rural Electrification Corp. Ltd.08.10 % Reliance Jio Infocomm Ltd.08.35 % Nabha Power Ltd.07.50 % Bajaj Finance Ltd.07.40 % Gruh Finance Ltd.08.90 % Reliance Jio Infocomm Ltd.08.36 % Power Finance Corporation07.85 % HDFC Ltd.07.65 % Kotak Mahindra Investments Ltd.07.00 % HDFC Ltd.08.00 % Reliance Jio Infocomm Ltd.07.43 % Hdb Financial Services Ltd.09.25 % Reliance Jio Infocomm Ltd.08.55 % Reliance Jio Infocomm Ltd.08.82 % Rural Electrification Corp. Ltd.08.52 % Power Finance Corporation07.75 % India Infradebt Ltd.08.60 % HDFC Ltd.08.06 % Small Indust Devlop Bank Of India08.38 % HDFC Ltd.08.35 % LIC Housing Finance Ltd.07.80 % Kotak Mahindra Investments Ltd.07.85 % Small Indust Devlop Bank Of India08.12 % Nabha Power Ltd.08.45 % Sikka Ports And Terminals Ltd.07.59 % LIC Housing Finance Ltd.07.59 % Kotak Mahindra Investments Ltd.07.42 % Rural Electrification Corp. Ltd.07.38 % Kotak Mahindra Prime Ltd.07.42 % Power Finance Corporation07.62 % Bajaj Finance Ltd.

07.85 % Power Finance Corporation09.02 % Rural Electrification Corp. Ltd.07.20 % Indian Railways Finance Corporation Ltd.08.39 % HDFC Ltd.07.50 % Power Finance Corporation08.37 % India Infradebt Ltd.08.38 % LIC Housing Finance Ltd.09.50 % IDFC Bank Ltd.07.70 % Rural Electrification Corp. Ltd.08.30 % Nabha Power Ltd.08.00 % Kotak Mahindra Prime Ltd.07.51 % LIC Housing Finance Ltd.07.96 % LIC Housing Finance Ltd.08.10 % Orix Leasing & Financial Services India Ltd.07.95 % HDB Financial Services Ltd.09.35 % LIC Housing Finance Ltd.08.36 % Rural Electrification Corp. Ltd.08.45 % HDFC Ltd.09.84 % Iot Utkal Energy Services Ltd.08.32 % Reliance Jio Infocomm Ltd.07.65 % Indian Railways Finance Corporation Ltd.08.40 % Power Finance Corporation08.18 % LIC Housing Finance Ltd.08.34 % IDFC Bank Ltd.07.39 % LIC Housing Finance Ltd.07.90 % India Infradebt Ltd.08.28 % Power Finance CorporationPrivately Placed/Unlisted07.44 % Daimler Financial Services India Private Ltd.08.00 % Ongc Petro-additions Ltd.08.30 % SBI Cards & Payment Services Pvt. Ltd.08.35 % Daimler Financial Services India Private Ltd.08.05 % Daimler Financial Services India Private Ltd.08.10 % SBI Cards & Payment Services Pvt. Ltd.08.22 % Daimler Financial Services India Private Ltd.07.54 % Gruh Finance Ltd.Money Market InstrumentsHDFC Ltd. - CPYes Bank Ltd. - CDEXIM - CPAxis Bank Ltd. - CDAxis Bank Ltd. - CDNABARD - CPIndusind Bank Ltd. - CDIL&FS Ltd. - CPHDFC Ltd. - CPHDFC Bank Ltd. - CDYes Bank Ltd. - CDIndusind Bank Ltd. - CD

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

ICRA- AAACRISIL- AAA

ICRA- AAA(so)CRISIL- AAACRISIL- AAACRISIL- AAA

IND AAACRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AAA(so)CRISIL- AAACRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AAACRISIL- AAACRISIL- AAACRISIL- AAA

CRISIL- AAAICRA- AAA(SO)

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

CRISIL- A1+ICRA- A1+

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

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

CRISIL- A1+

4831.524547.023937.553505.343451.003041.653004.062526.532519.882502.742497.832490.242487.612487.062485.772024.042012.372004.491961.30998.15762.96501.08500.69500.02480.3177.4110.01

64428.9617268.0914014.3610804.197502.014992.734860.322496.972490.29

90431.8421090.609731.509722.819464.657042.434911.334866.544838.634700.414694.044686.934681.97

0.780.730.630.560.550.490.480.410.400.400.400.400.400.400.400.320.320.320.310.160.120.080.080.080.080.010.00

10.342.772.251.731.200.800.780.400.40

14.513.381.561.561.521.130.790.780.780.750.750.750.75

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 36-48*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer





7.71%7.96%

:

::

BENCHMARK

Crisil Short Term Bond Fund Index

MONTHLY AVERAGE AUM

Rs. 6367.03 (Rs. in Cr.)


0.231.11


Tata Short Term Bond Fund(An Open-Ended Debt Scheme)

81.88%

9.58%

8.54%

A1+ / AAA

SOV

Cash & Cash Equivalents 67.37%4.19%

7.26%

7.25%

5.39%8.54% NCD - Non Convertible Deb


Commercial Papers

Certificate Of Deposit

State Development Loans


33.74%46.08%

13.62%1.33%0.79%

4.44%

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

0 - 1 Yrs1 - 3 Yrs3 - 7 Yrs

7 - 10 YrsAbv 10 Yrs

Cash & Others

100

106

112

118

124

130


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




INVESTMENT STYLE






LOAD STRUCTURE


Exit Load : Nil

PORTFOLIO

Name of the Instrument Name of the Instrument RatingsRs. Lakhs

% to NAV


2314.9257593.362038.30

59631.66

3.8896.583.42

100.00



Total Amount Invested (Rs.)Total Value as on Apr 30, 2018 (Rs.)ReturnsTotal Value of B: Crisil Short Term Bond Fund IndexB: Crisil Short Term Bond Fund IndexTotal Value of AB: CRISIL 1 Yr T-Bill IndexAB: CRISIL 1 Yr T-Bill Index(Inception date :13-Jul-2007) (First Installment date : 01-Aug-2007)

120,000123,452

5.52%122,730

4.35%123,851

6.16%

360,000397,862

6.66%398,325

6.74%396,520

6.43%

600,000721,168

7.33%728,623

7.74%714,702

6.97%

840,0001,104,632

7.73%1,120,540

8.13%1,080,000

7.09%

1,200,0001,796,786

7.85%1,817,859

8.07%1,702,506

6.82%

1,290,0001,995,860

7.86%2,017,842

8.05%1,874,615

6.75%

Maturity Ladder


NAV Movement

The Scheme endeavors to generate returns and capital appreciation by predominantly investing in corporate debt securities of varying maturities across the credit spectrum. The Scheme will seek opportunities across the credit curve and will endeavor to take benefit from superior yield available from time to time.

The investment objective of the scheme is to generate returns over short to medium term by investing predominantly in corporate debt instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure or guarantee any returns.


For calculation methodology please refer Pg 48


% to NAV

Market Value

Debt InstrumentsNon-Convertible Debentures/Bonds07.73 % Mahindra Rural HousingFinance Ltd.08.15 % Piramal Enterprises Ltd.08.29 % NABARD07.85 % Indiabulls Housing Finance Ltd.07.70 % Tata Power Company Ltd.08.54 % J.M. Financial Products Ltd.08.54 % IL & FS Financial Ser Ltd.07.70 % Housing & Urban DevelopmentCorporation Ltd.07.59 % Rural ElectrificationCorp. Ltd.07.84 % Trent Ltd.08.25 % Vizag General Cargo BerthPvt. Ltd.07.99 % Tata Power Company Ltd.09.15 % Tata Capital FinancialServices Ltd.07.85 % NABARD08.32 % Nabha Power Ltd.08.10 % Reliance Jio Infocomm Ltd.07.50 % Power Finance Corporation

CRISIL- AA+

ICRA- AACRISIL- AAACRISIL- AAACRISIL- AA-CRISIL- AACARE- AAAICRA- AAA

CRISIL- AAA

CARE- AA+CRISIL- AA(so)

CRISIL- AA-CRISIL- AA+

CRISIL- AAAICRA- AAA(so)


38766.494947.52

3977.012503.492499.832495.242493.922486.672482.23

2480.21

2477.042472.54

2455.681503.12

1497.401001.34500.25493.00

65.018.30

6.674.204.194.184.184.174.16

4.16

4.154.15

4.122.52

2.511.680.840.83

Privately Placed/unlisted08.00 % ONGC Petro-additions Ltd.08.05 % Daimler FinancialServices India Private Ltd.08.10 % SBI Cards & PaymentServices Pvt. Ltd.Money Market InstrumentsICICI Bank Ltd. - CDReliance Industries Ltd. - CPDewan Housing Fin CorporationLtd. - CPYes Bank Ltd. - CDHDFC Ltd. - CP

ICRA- AAA(so)CRISIL- AAA

CRISIL- AAA

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

ICRA- A1+CRISIL- A1+

4457.382467.32

998.55

991.51

12054.572487.672437.332422.98

2363.192343.40

7.474.141.67

1.66

20.224.174.094.06

3.963.93


VOLATILITY MEASURES^ FUND BENCHMARK1.351.001.000.17

NA


0.730.430.680.210.02

DATE OF ALLOTMENT

July 13,2007

FUND MANAGER

NAV

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

2363.23881000.88161009.15131006.02762282.47911000.84621008.06721005.8111

FUND SIZE

Rs. 596.32 (Rs. in Cr.)

BENCHMARK

Crisil Short Term Bond Fund Index

Amit Somani (Managing Since 21-May-14 and overall experience of 16 years)

MONTHLY AVERAGE AUM

Rs. 580.53 (Rs. in Cr.)


0.290.93

Modified DurationAverage MaturityGross Yield to Maturity (For Debt Component) i. Including NCA* ii. Excluding NCA**NCA - Net Current Assets


7.74%8.02%

:

::


Tata Corporate Bond Fund(An Open-Ended Debt Scheme)

::::::::

(Erstwhile known as Tata Treasury Manager Fund; renamed w.e.f March 17, 2017)

54.43%

25.82%

8.30%

4.15%7.30%

A1+ / AAA

AA+ / AA

AA-

Db

Cash & Cash Equivalents72.48%

12.08%

8.13%7.31%

NCD - Non Convertible Deb

Commercial Papers



8.05%4.20%

12.35%14.59%

42.50%13.23%

0.00%1.66%

3.42%

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

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





INVESTMENT STYLE


DATE OF ALLOTMENT

September 06,2005

FUND MANAGER

NAV

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

: 2665.60621690.58511007.59981003.05762642.06711676.31161007.53161002.9969

: : : : : :

FUND SIZE

Rs. 4544.69 (Rs. in Cr.)





LOAD STRUCTURE

Entry Load : Not ApplicableExit Load :

PORTFOLIO


198164.3719121.0318552.3618538.5212524.709965.189905.067954.027515.207496.967482.697453.426968.725003.464998.824987.284980.904974.134964.464946.614487.223973.682528.412502.782494.722483.882466.762455.681517.611475.201470.171008.55966.19

41389.8810006.919994.565006.074980.574933.742502.892467.321497.82

43.604.214.084.082.762.192.181.751.651.651.651.641.531.101.101.101.101.091.091.090.990.870.560.550.550.550.540.540.330.320.320.220.219.112.202.201.101.101.090.550.540.33



17640.47444030.5810438.61

454469.19

3.9497.762.24

100.00




Returns

Total Value of B: Crisil Liquid Fund Index

B: Crisil Liquid Fund Index

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

AB: CRISIL 1 Yr T-Bill Index


120,000

124,007

6.41%

124,348

6.96%

123,851

6.16%

360,000

401,476

7.27%

400,087

7.04%

396,520

6.43%

600,000

730,503

7.84%

724,826

7.53%

714,702

6.97%

840,000

1,124,080

8.22%

1,109,192

7.84%

1,080,000

7.09%

1,200,000

1,835,499

8.25%

1,788,947

7.76%

1,702,506

6.82%

1,510,000

2,589,180

8.20%

2,492,624

7.64%

2,325,602

6.61%


RatingsRs. Lakhs

% to NAV

Market Value RatingsRs. Lakhs

% to NAV

Market ValueThe 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.


0.261.001.000.10

NA

0.551.350.490.10

-0.01


Debt InstrumentsNon-Convertible Debentures/Bonds/ZCB09.38 % Rural Electrification Corp. Ltd.08.78 % Indiabulls Housing Finance Ltd.09.15 % Tata Capital Financial Services Ltd.08.55 % Reliance Jio Infocomm Ltd.07.50 % HDFC Ltd.06.75 % Rural Electrification Corp. Ltd.08.15 % Piramal Enterprises Ltd.09.20 % Tata Motors Finance Ltd.07.95 % Nabard07.65 % Kotak Mahindra Prime Ltd.08.13 % Piramal Enterprises Ltd.08.50 % Vedanta Ltd.08.62 % Tata Capital Housing Finance Ltd.07.90 % NABARD07.90 % HDFC Ltd.07.85 % HDFC Ltd.08.10 % Orix Leasing & Financial Services India Ltd.07.70 % Housing & Urban Development Corporation Ltd.07.59 % Kotak Mahindra Investments Ltd.07.85 % Shriram Trans. Fin. Co. Ltd.07.39 % Power Grid Corporation Of India Ltd.08.90 % Reliance Jio Infocomm Ltd.08.40 % Reliance Jio Infocomm Ltd.07.85 % Small Indust Devlop Bank Of India07.63 % Tata Capital Financial Services Ltd.07.25 % Reliance Utilities And Power Private Ltd.07.99 % Tata Power Company Ltd.09.76 % LIC Housing Finance Ltd.07.33 % Reliance Utilities And Power Private Ltd.07.40 % Reliance Utilities And Power Private Ltd.09.65 % HDFC Ltd.07.60 % Reliance Utilities And Power Private Ltd.Privately Placed/Unlisted08.40 % Citicorp Finance Ltd.Shriram City Union Finance Ltd. - Frb08.19 % Mahindra Vehicle Manufacturers Ltd.07.54 % Gruh Finance Ltd.07.44 % Daimler Financial Services India Private Ltd.08.05 % Vodafone Mobile Services Ltd.08.00 % ONGC Petro-additions Ltd.08.05 % Daimler Financial Services India Private Ltd.

Maturity Ladder


NAV Movement

Money Market InstrumentsAxis Bank Ltd. - CDBandhan Bank Ltd. - CDEdelweiss Commodities Services Ltd. - CPHousing & Urban Development Corporation Ltd. - CPPiramal Enterprises Ltd. - CPDewan Housing Fin Corporation Ltd. - CPIndusind Bank Ltd. - CDHDFC Ltd. - CPIl & Fs Financial Ser Ltd. - CPHDFC Bank Ltd. - CDReliance Industries Ltd. - CPIndusind Bank Ltd. - CDICICI Bank Ltd. - CDHdb Financial Services Ltd. - CPICICI Bank Ltd. - CDIl&fs Securities Services Ltd. - CPNABARD - CPRural Electrification Corp. Ltd. - CPIndusind Bank Ltd. - CDIndusind Bank Ltd. - CDYes Bank Ltd. - CDIndusind Bank Ltd. - CDYes Bank Ltd. - CDHDFC Ltd. - CPIndusind Bank Ltd. - CDReliance Industries Ltd. - CPHDFC Ltd. - CPIndusind Bank Ltd. - CDICICI Bank Ltd. - CDICICI Bank Ltd. - CD

186835.8617361.0114907.409806.259757.839736.249691.929555.499373.607443.677099.734966.564963.424962.754958.184957.874933.944911.334875.794870.204866.544865.754727.724725.444722.934675.502437.332350.202340.98995.80994.49


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

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

ICRA- A1+CARE- A1+

CRISIL- A1+CRISIL- A1+


ICRA- A1+ICRA- A1+



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

ICRA- A1+ICRA- A1+

41.113.823.282.162.152.142.132.102.061.641.561.091.091.091.091.091.091.081.071.071.071.071.041.041.041.030.540.520.520.220.22


CRISIL- AA+CRISIL- AAACRISIL- AAACRISIL- AAA

ICRA- AACRISIL- AA


ICRA- AACRISIL- AA

CRISIL- AA+CRISIL- AAACRISIL- AAACRISIL- AAA

IND AAAICRA- AAA

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

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

CRISIL- AAACRISIL- AA-ICRA- AAA


CRISIL- AAICRA- AAA(so)

CRISIL- AAA

NIL





: 6.96 Months8.06 Months

7.61%7.68%

:

::

BENCHMARK

Crisil Liquid Fund Index



0.150.36


Tata Ultra Short Term Fund(An Open-Ended Debt Scheme)


(Erstwhile known as Tata Floater Fund; renamed w.e.fMarch 17, 2017)

77.24%

13.84%

2.74%6.18%

A1+ / AAA

AA+ / AA

AA-


50.51%

19.80%

21.31%

2.20%6.18%NCD - Non Convertible Deb

Commercial Papers


Floating Rate Bonds


4.10%17.71%

27.68%26.85%

17.66%3.49%

0.21%0%

2.30%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00%

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 Ultra Short Term Fund - Reg - GrowthCrisil Liquid Fund Index





To create a highly liquid portfolio of money market instruments so as to provide reasonable returns and high liquidity to the unitholders.

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



INVESTMENT STYLE


DATE OF ALLOTMENT

September 01,2004

FUND MANAGER

Crisil Liquid Fund IndexBENCHMARK

NAV

Direct - GrowthDirect - Daily Dividend Reg - GrowthReg - Daily Dividend

::::

2753.98791001.51872742.37491001.5157

FUND SIZE

Rs. 15156.38 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 14640.84 (Rs. in Cr.)






LOAD STRUCTURE


Exit Load : Nil

PORTFOLIO

1442415.1454728.7049907.7646910.1044740.1644570.6142300.4141704.9639770.6535836.3534842.7634730.3832325.0029844.5929468.8527341.6324958.0124880.1424864.6624863.0324837.7124795.5724785.9024781.2824580.1322485.4822378.7119915.0519891.8719887.6519877.8719825.4319807.7119783.1519729.4619670.8818970.6817423.9116525.5814997.1314956.9414954.1314947.7412493.0812427.3912420.5312406.95

9997.76

95.173.613.293.102.952.942.792.752.622.362.302.292.131.971.941.801.651.641.641.641.641.641.641.641.621.481.481.311.311.311.311.311.311.311.301.301.251.151.090.990.990.990.990.820.820.820.820.66


689.971572105.11

-56467.111515638.00

0.05103.73

-3.73100.00


Total Amount Invested (Rs.)Total Value as on Apr 30, 2018 (Rs.)ReturnsTotal Value of B: Crisil Liquid Fund IndexB: Crisil Liquid Fund IndexTotal Value of AB: CRISIL 1 Yr T-Bill IndexAB: CRISIL 1 Yr T-Bill Index(Inception date :01-Sep-2004) (First Installment date : 01-Oct-2004)

120,000124,421

6.94%124,435

6.96%123,934

6.17%

360,000400,587

7.07%400,355

7.03%396,819

6.44%

600,000726,236

7.58%725,342

7.53%715,184

6.96%

840,0001,115,819

7.99%1,109,983

7.84%1,080,738

7.09%

1,200,0001,814,615

8.02%1,790,216

7.76%1,703,596

6.82%

1,630,0002,873,241

7.94%2,795,156

7.57%2,590,443

6.54%

[ICRA]A1+mfs rating by ICRA$

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

0.220.740.780.140.03

0.261.001.000.10

NA

0.090.14

^Risk-free rate based on the FBIL Overnight MIBOR rate of 6.0% as on Apr 27, 2018 For calculation methodology please refer to Pg 48


% toNAV

Market Value Name of the Instrument RatingsRs. Lakhs

% toNAV

Market Value

Debt InstrumentsMoney Market InstrumentsICICI Bank Ltd. - CDReliance Retail Ltd. - CPNABARD - CPPunjab & Sind Bank - CDTreasury Bill 182 Days (28/06/2018)HDFC Bank Ltd. - CDTreasury Bill 91 Days (05/07/2018)Edelweiss Commodities Services Ltd. - CPTreasury Bill 91 Days (12/07/2018)Vijaya Bank - CDPiramal Enterprises Ltd. - CPIndiabulls Housing Finance Ltd. - CPIndian Oil Corp Ltd. - CPSTCI Finance Ltd. - CPMahindra & Mahindra Financial Services Ltd. - CPKotak Securities Ltd. - CPCentury Textiles & Industries Ltd. - CPNABARD - CPDewan Housing Fin Corporation Ltd. - CPEdelweiss Commodities Services Ltd. - CPPiramal Housing Finance Ltd. - CPNabha Power Ltd. - CPIL&FS Ltd. - CPVedanta Ltd. - CPPiramal Enterprises Ltd. - CPIndia Infoline Finance Ltd. - CPFederal Bank Ltd. - CDPiramal Enterprises Ltd. - CPIL&FS Securities Services Ltd. - CPIDFC Bank Ltd. - CDIL&FS Financial Ser Ltd. - CPIL& FS Financial Ser Ltd. - CPUjjivan Small Finance Bank Ltd. - CDReliance Industries Ltd. - CPHDFC Ltd. - CPTalwandi Sabo Power Ltd. - CPRbl Bank Ltd. - CDTreasury Bill 91 Days (26/07/2018)Indiabulls Housing Finance Ltd. - CPHdb Financial Services Ltd. - CPL&t Housing Finance Ltd. - CPBajaj Finance Ltd. - CPIDFC Bank Ltd. - CDSmartchem Technologies Ltd. - CPAxis Bank Ltd. - CDDewan Housing Fin Corporation Ltd. - CPIIFL Wealth Finance Ltd. - CP

Small Indust Devlop Bank Of India - CPSmall Indust Devlop Bank Of India - CDEXIM - CPCox & Kings Ltd. - CPIndia Infoline Ltd. - CPCox & Kings Ltd. - CPKotak Mahindra Bank - CDSmartchem Technologies Ltd. - CPIndia Infoline Finance Ltd. - CPYes Bank Ltd. - CDNABARD - CPHDFC Credila Financial Services Pvt Ltd. - CPIndusind Bank Ltd. - CDAxis Bank Ltd. - CDVedanta Ltd. - CPAadhar Housing Finance Ltd. - CPYes Bank Ltd. - CDAxis Bank Ltd. - CDHDFC Credila Financial Services Pvt Ltd. - CPIDFC Bank Ltd. - CDFederal Bank Ltd. - CDEdelweiss Commodities Services Ltd. - CPMuthoot Homefin (india) Ltd. - CPCox & Kings Ltd. - CPBharti Hexacom Ltd. - CPJm Financial Asset Reconstruction Company Ltd. - CPIl&fs Securities Services Ltd. - CPSmall Indust Devlop Bank Of India - CPFedbank Financial Services Ltd. - CPReliance Jio Infocomm Ltd. - CPAxis Finance Ltd. - CPYes Bank Ltd. - CDIndia Infoline Ltd. - CPICICI Bank Ltd. - CDICICI Bank Ltd. - CDReliance Industries Ltd. - CPPower Finance Corporation - CPTreasury Bill 91 Days (17/05/2018)Treasury Bill 91 Days (24/05/2018)Treasury Bill 91 Days (07/06/2018)Treasury Bill 91 Days (19/07/2018)Fixed DepositYes Bank Ltd.Rbl Bank Ltd.Bandhan Bank

Composition by Ratings

Maturity Ladder NAV Movement

Instrument Wise Composition


ICRA- A1+SOV

CARE- A1+SOV

CRISIL- A1+SOV

CARE- A1+ICRA- A1+

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



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


CRISIL- A1+(so)ICRA- A1+

SOVCRISIL- A1+CRISIL- A1+


ICRA- A1+ICRA- A1+


9988.529958.629949.549948.089940.079927.529899.079891.529889.189879.029853.919494.239483.647990.817495.487448.695476.004981.734975.924970.664970.174970.104963.824955.724946.434941.244933.943979.722979.982493.062492.662490.172489.422486.762486.222481.912475.24

498.70459.57307.93

25.75129000.00

20000.0034000.0075000.00

0.660.660.660.660.660.660.650.650.650.650.650.630.630.530.490.490.360.330.330.330.330.330.330.330.330.330.330.260.200.160.160.160.160.160.160.160.160.030.030.020.008.511.322.244.95


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

CRISIL- A1+CARE- A1+



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



ICRA- A1+CARE- A1+ICRA- A1+




ICRA- A1+ICRA- A1+


SOVSOVSOVSOV





6.95%6.96%

:

::

**Note: The rates specified are the actual weighted average expenses charged for the month of Apr 2018. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes Borrowing cost of 0.21 in regular plan and 0.20 in Direct plan and also excludes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-30 cities

Tata Money Market Fund(An Open-Ended Money Market Scheme )

85.94%

9.23%4.83%

A1+ / AAA

SOV


9.23%

62.61%

23.33%

4.83%

Treasury Bills

Commercial Papers



6.31%

11.06%

29.26%

43.42%

13.68%

-3.73%

-8.00% 0.00% 8.00% 16.00% 24.00% 32.00% 40.00% 48.00%

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 Money Market Fund - Reg - GrowthCrisil Liquid Fund Index




INVESTMENT STYLE


DATE OF ALLOTMENT

May 22, 2003

FUND MANAGER

NAVDirect - GrowthDirect - Daily DividendReg - GrowthReg - Daily Dividend

::::

3221.86311114.52003209.56641114.5200

0.100.15

FUND SIZERs. 3908.24 (Rs. in Cr.)







LOAD STRUCTURE


Exit Load : Nil

PORTFOLIO


553.86405877.62-15053.86390823.76

0.14103.85

-3.85100.00





Returns

Total Value of B: Crisil Liquid Fund Index

B: Crisil Liquid Fund Index

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

AB: CRISIL 1 Yr T-Bill Index

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

120,000

124,393

6.89%

124,435

6.96%

123,934

6.17%

360,000

400,295

7.02%

400,355

7.03%

396,819

6.44%

600,000

725,213

7.52%

725,342

7.53%

715,184

6.96%

840,000

1,113,064

7.92%

1,109,983

7.84%

1,080,738

7.09%

1,200,000

1,809,647

7.97%

1,790,216

7.76%

1,703,596

6.82%

1,790,000

3,306,985

7.78%

3,215,702

7.44%

2,957,462

6.42%

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 36-48.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

[ICRA]A1+mfs rating by ICRA$

To create a highly liquid portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and high liquidity to the unitholders.

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

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

BENCHMARK

Crisil Liquid Fund Index


0.261.001.000.10

NA

0.220.770.810.130.02

^Risk-free rate based on the FBIL Overnight MIBOR rate of 6.0% as on Apr 27, 2018


Debt InstrumentsMoney Market InstrumentsNABARD - CPYes Bank Ltd. - CDMahindra & Mahindra FinancialServices Ltd. - CPBajaj Finance Ltd. - CPReliance Jio Infocomm Ltd. - CPIL & FS Financial Ser Ltd. - CPAxis Bank Ltd. - CDIndiabulls Housing Finance Ltd. - CPFederal Bank Ltd. - CDTreasury Bill 91 Days (12/07/2018)L&T Infrastucture Finance CoLtd. - CPEdelweiss Commodities ServicesLtd. - CPVedanta Ltd. - CPL&T Housing Finance Ltd. - CPVijaya Bank - CDIndia Infoline Housing FinanceLtd. - CPIL&FS Securities Services Ltd. - CPICICI Bank Ltd. - CDKotak Mahindra Bank - CDIDFC Bank Ltd. - CDTreasury Bill 91 Days (05/07/2018)IDFC Bank Ltd. - CD


CRISIL- A1+


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

SOVICRA- A1+

CRISIL- A1+


CARE- A1+CRISIL- A1+

ICRA- A1+ICRA- A1+


SOVICRA- A1+

405323.7629837.5929637.0622370.42

19930.3219907.4619834.1117436.0417405.7717379.6517290.2514918.69

14910.29

9993.979969.429955.079951.67

9946.169944.909899.079896.259891.679842.8

103.717.637.585.72

5.105.095.074.464.454.454.423.82

3.82

2.562.552.552.55

2.542.542.532.532.532.52

Raymond Ltd. - CPAxis Bank Ltd. - CDThe South Indian Bank Ltd. - CDIIFL Wealth Finance Ltd. - CPPiramal Enterprises Ltd. - CPTalwandi Sabo Power Ltd. - CPPunjab & Sind Bank - CDPiramal Enterprises Ltd. - CPNABARD - CPFedbank Financial Services Ltd. - CPICICI Bank Ltd. - CDShriram Trans. Fin. Co. Ltd. - CPAxis Bank Ltd. - CDSmartchem Technologies Ltd. - CPTreasury Bill 91 Days (26/07/2018)Treasury Bill 91 Days (31/05/2018)Treasury Bill 91 Days (14/06/2018)

7475.167452.326970.614998.884996.774992.294974.774972.972496.962496.822490.742488.402487.392472.882464.06917.8026.31


ICRA- A1+CRISIL- A1+(so)

ICRA- A1+ICRA- A1+



ICRA- A1+SOVSOVSOV

1.911.911.781.281.281.281.271.270.640.640.640.640.640.630.630.230.01


Maturity Ladder NAV Movement



% to NAV


% to NAV





7.00%7.00%

:

::

**Note: The rates specified are the actual weighted average expenses charged for the month of Apr 2018. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes Borrowing cost of 0.24 in regular plan and 0.23 in Direct plan and also excludes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-30 cities

Tata Liquid Fund(An Open-Ended Liquid Scheme)

6.53%1.28%

53.35%25.00%

17.69%

- 3.85%

-8.00% 14.00% 36.00% 58.00%

1 - 7 DaysAbv 7 - 15 Days

Abv 15 - 30 Days1 - 2 Mths2 - 3 Mths

Cash & Others

100

106

112

118

124

130


Tata Liquid Fund - Reg - GrowthCrisil Liquid Fund Index

95.88%

7.83% -3.71%

A1+ / AAA

SOV


7.83%

60.48%

35.40%

-3.71%

Treasury Bills

Commercial Papers






INVESTMENT STYLE


DATE OF ALLOTMENT

September 6, 1999

FUND MANAGER

NAV

Direct - GrowthDirect - DividendReg -GrowthReg -Dividend

::::

FUND SIZE

Rs. 117.76 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 119.97 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular





LOAD STRUCTURE


Exit Load :

PORTFOLIO


% to NAV

Debt InstrumentsGovernment SecuritiesGOI - 6.68% (17/09/2031)GOI - 6.84% (19/12/2022)SDL Tamilnadu 7.65% (06/12/2027)GOI 10.70% (22/04/2020)GOI 6.90% (13/07/2019)

9758.354911.304819.40

14.4610.792.40

82.8741.7140.930.120.090.02

SOVSOVSOVSOVSOV


% to NAV

Repo

Portfolio Total


Net Assets

1851.10

11609.45

166.63

11776.08

15.73

98.60

1.40

100.00





Returns

Total Value of B: CRISIL Gilt Index

B: CRISIL Gilt Index




120,000

117,025

-4.68%

119,016

-1.56%

116,850

-4.95%

360,000

380,056

3.58%

385,946

4.61%

376,156

2.90%

600,000

702,454

6.27%

714,290

6.94%

689,259

5.51%

840,000

1,087,188

7.28%

1,097,396

7.54%

1,040,832

6.05%

1,200,000

1,735,888

7.19%

1,770,076

7.56%

1,630,756

5.99%

2,230,000

4,576,600

7.22%

4,811,450

7.69%

4,103,455

6.17%

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

To generate risk-free return and thus provide medium to long term capital gains and income distribution to its Unitholders, while at all times emphasising the importance of capital preservation.

Naresh Kumar (Managing Since 1-Apr-17 and overall experience of 5.6 years)

BENCHMARK

CRISIL Gilt Index

50.876514.776948.491514.0034






Maturity Ladder


NAV Movement

Market Value


5.151.020.90

-0.03-0.22

For scheme performance refer pages 36-48.*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

4.441.001.000.19

NA

0.50% of NAV if redeemed on or before expiry of 180 days from the date of allotment.





7.48%7.58%

:

::

0.281.52


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

82.87%

17.13%

SOV


82.74%

0.12%

17.14%




15.72%

0.11%

40.93%

0.12%

41.71%

1.42%

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 Gilt Securities Fund - Reg - GrowthCRISIL Gilt Index




INVESTMENT STYLE


DATE OF ALLOTMENT

June 24, 2010

BENCHMARK

I-Sec Composite Index

FUND MANAGER

NAV

FUND SIZE

Rs. 196.40 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 198.87 (Rs. in Cr.)






LOAD STRUCTURE

Entry Load : Not ApplicableExit Load :

PORTFOLIO


% toNAV

Debt InstrumentsGovernment SecuritiesGOI - 8.28% (21/09/2027)GOI - 8.35% (14/05/2022)GOI - 8.24% (15/02/2027)GOI - 7.16% (20/05/2023)SDL Maharashtra 8.94% (23/07/2024)GOI - 7.68% (15/12/2023)GOI - 7.35% (22/06/2024)SDL Karnataka 7.27% (28/12/2026)SDL Tamilnadu 8.06% (25/02/2025)SDL Maharashtra 8.44% (26/11/2024)

17831.374087.664076.033916.433410.70516.92497.35488.34428.02258.25151.67

90.7920.8120.7519.9417.372.632.532.492.181.310.77

SOVSOVSOVSOVSOVSOVSOVSOVSOVSOV

Name of the Instrument % to NAV

1389.37

19220.74

419.67

19640.41

Repo

Portfolio Total


Net Assets

7.08

97.87

2.13

100.00





Returns

Total Value of B: I-Sec Composite Index

B: I-Sec Composite Index



(Inception date :24-Jun-2010) (First Installment date : 01-Jul-2010)

120,000

119,731

-0.43%

120,868

1.38%

116,850

-4.95%

360,000

386,324

4.68%

393,454

5.91%

376,156

2.90%

600,000

715,144

6.99%

730,161

7.82%

689,259

5.51%

840,000

1,115,050

7.99%

1,128,066

8.32%

1,040,832

6.05%

NA

NA

NA

NA

NA

NA

NA

940,000

1,297,689

8.09%

1,312,149

8.37%

1,197,702

6.09%

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 36-48. *B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

A debt scheme that invests in Government securities to generate returns. Under normal circumstances the average portfolio maturity shall not exceed 15 years.

To provide reasonable returns and high liquidity to the Unitholders by investing predominantly in Government Securities having residual maturity upto 15 years. However, there can be no assurance that the investment objective of the scheme will be realized.

Naresh Kumar (Managing Since 1-Apr-17 and overall experience of 5.6 years)

19.394918.1517#

18.501617.5590





Maturity Ladder


NAV Movement


::::

#Direct Plans are available for subscription under all open ended schemes of Tata Mutual Fund w.e.f 1st January 2013. Separate NAV will be calculated & published for respective option(s) of the Direct Plan upon initial subscription.


Market Value

3.861.060.970.03

-0.23

3.711.001.000.24

NA

0.371.64

NIL





7.59%7.76%

:

::


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

90.79%

9.21%

SOV


83.89%

6.90%

9.21%Government Securities



7.07%

0.00%

47.86%

42.93%

0.00%

2.14%

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 Gilt Mid Term Fund - Reg - GrowthI-Sec Composite Index




15.990.220.960.691.030.55

13.760.111.001.000.45

NA



INVESTMENT STYLE


DATE OF ALLOTMENT

November 1, 2011

FUND MANAGER

NAV

Direct - GrowthReg - Growth

: 32.673630.0529:

FUND SIZE

Rs. 451.51 (Rs. in Cr.)

TURN OVER


47.01%47.01%





LOAD STRUCTURE


Exit Load :

PORTFOLIO

Company name

43979.10

1610.16970.26885.87

856.44

2299.022168.231919.62

661.47654.63464.42

1813.78836.68584.42

898.76656.16

1252.511019.60

977.73959.45914.71907.68568.08

641.33

866.08

914.95

97.40

3.572.151.96

1.90

5.094.804.25

1.471.451.03

4.021.851.29

1.991.45

2.772.262.172.132.032.011.26

1.42

1.92

2.03

18250590000

30050

53800

635000111500158600

217006000011300

129500130000370000

112100120000

8300040000

23260010200

325000305000

80000

197333

124000

95000

96500221838

4700016150

204500139000

102200151500

680000

1950001495000

47000

92000109500180000

83800

51514

1818.691143.69

895.84885.43873.11628.07

898.90889.08

1412.02

1178.87891.02701.78

1137.81629.30465.84

930.64

672.59

4.032.531.981.961.931.39

1.991.97

3.13

2.611.971.55

2.521.391.03

2.06

1.49

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.




(A) If redeemed / switched-out on or after attainment of retirement age i.e. 60 years of age: Nil. (B) In case of Auto switch-out of units on occurrence of “Auto-switch trigger event” : NIL (C) If redeemed before 60 years of age: 1%.

No. of Shares Rs. Lakhs

% of Assets

Market ValueNo. of Shares Rs. Lakhs

% of Assets

Market Value

Equity & Equity Related TotalAutoMaruti Suzuki India Ltd.Ashok Leyland Ltd.Bajaj Auto Ltd.Auto AncillariesCeat Ltd.BanksYes Bank Ltd.HDFC Bank Ltd.Kotak Mahindra Bank Ltd.CementDalmia Bharat Ltd.Grasim Industries Ltd.Ultratech Cement Ltd.Construction ProjectLarsen & Toubro Ltd.Voltas Ltd.Engineers India Ltd.Consumer DurablesBata India Ltd.Havells India Ltd.Consumer Non DurablesHindustan Unilever Ltd.Jubilant Foodworks Ltd.Radico Khaitan Ltd.Nestle India Ltd.ITC Ltd.Tata Global Beverages Ltd.Heritage Foods Ltd.GasGail ( India ) Ltd.Industrial ProductsFinolex Cables Ltd.Petroleum ProductsReliance Industries Ltd.

FinanceHousing Development Finance Ltd.Max Financial Services Ltd.Bajaj Finance Ltd.Bajaj Finserv Ltd.ICICI Prudential Life Insurance Company Ltd.Muthoot Finance Ltd.Media & EntertainmentSun Tv Network Ltd.Zee Entertainment Enterprises Ltd.PowerPower Grid Corporation Of India Ltd.RetailingFuture Retail Ltd.Future Consumer Ltd.Avenue Supermarts Ltd.SoftwareTata Elxsi Ltd.Majesco Ltd.Kpit Technologies Ltd.Textile ProductsRaymond Ltd.TransportationContainer Corporation Of India Ltd.

1624.38899.37

44878.47272.51

45150.98

3.602.01

99.410.59

100.00





NAV Movement

Issuer NameYes Bank Ltd.HDFC Bank Ltd.Kotak Mahindra BankHDFC Ltd.Larsen & Toubro Ltd.Maruti Suzuki India Ltd.Power Grid Corporation Of India Ltd.Hindustan Unilever Ltd.Future Retail Ltd.Max Financial Services Ltd.Total

% to NAV5.094.804.254.034.023.573.132.772.612.5336.8






Returns




7,70,000

14,89,160

20.36%

12,03,589

13.76%

1,20,000

1,31,497

18.38%

1,30,133

16.15%

3,60,000

4,97,600

22.25%

4,51,311

15.29%

6,00,000

10,23,223

21.52%

8,38,606

13.38%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

67.92%30.65%1.43%


Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 20 years) (Equity) & Murthy Nagarajan (Managing since 1-Apr-17 and overall experience of 21 years) (Debt)

BENCHMARK

S&P BSE Sensex TRI

MONTHLY AVERAGE AUM

Rs. 429.81 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

1.722.74

Tata Retirement Savings Fund - Progressive(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 36-48.*B: Benchmark Source: MFI Explorer

14.62%14.15%

13.83%7.68%

7.16%6.14%

4.95%3.96%3.94%

3.44%3.13%

2.87%2.35%

2.06%2.03%1.90%

1.49%0.97%0.74%

0.00% 5.00% 10.00% 15.00% 20.00%


FinanceAuto

Construction ProjectRetailingSoftware

Media & EntertainmentCement

Consumer DurablesPower

Industrial ProductsGas

Textile ProductsPetroleum Products

Auto AncillariesTransportation

PharmaceuticalsConstruction

80

98

116

134

152

170


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


1 Year 3 Year 5 Year 7 Year 10 Year Since InceptionVOLATILITY MEASURES^ FUND BENCHMARK


12.230.201.080.860.660.06

10.390.201.001.000.61

NA



INVESTMENT STYLE


DATE OF ALLOTMENTNovember 1, 2011

FUND MANAGER

NAV


: 32.733930.4895:

FUND SIZE

Rs.659.89 (Rs. in Cr.)

TURN OVER


30.99%30.99%





LOAD STRUCTURE


Exit Load :

PORTFOLIO

Company name

52960.11

1963.961208.711126.14

1025.18

2822.182625.212300.27

847.57810.65

2254.97981.49699.88

1128.06820.20

1576.961194.611174.881172.541169.571125.80

685.52

2252.161411.571134.101085.541084.45

708.05

80.26

2.981.831.71

1.55

4.283.983.49

1.281.23

3.421.491.06

1.711.24

2.391.811.781.781.771.711.04

3.412.141.721.651.641.07

2226073500038200

64400

779500135000190050

2780574300

161000152500443100

140700150000

10450012700

27950046000

39300040000096538

1195002737995950019800

254000156700



% of Assets


8099.5965262.29

726.9365989.22

12.4199.030.97

100.00


Total Amount Invested (Rs.)Total Value as on Apr 30, 2018 (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)




**Note: The rates specified are the actual weighted average expenses charged for the month of Apr 2018. The above ratio includes the Service tax on Investment Management Fees .The above ratio includes, proportionate charge (out of maximum 30 bps on daily average net assets allowed) in respect sales beyond T-30 cities assets, wherever applicable.



Equity & Equity Related TotalAutoMaruti Suzuki India Ltd.Ashok Leyland Ltd.Bajaj Auto Ltd.Auto AncillariesCeat Ltd.BanksYes Bank Ltd.HDFC Bank Ltd.Kotak Mahindra Bank Ltd.CementDalmia Bharat Ltd.Grasim Industries Ltd.Construction ProjectLarsen & Toubro Ltd.Voltas Ltd.Engineers India Ltd.Consumer DurablesBata India Ltd.Havells India Ltd.Consumer Non DurablesHindustan Unilever Ltd.Nestle India Ltd.Radico Khaitan Ltd.Jubilant Foodworks Ltd.Tata Global Beverages Ltd.ITC Ltd.Heritage Foods Ltd.FinanceHousing Development Finance Ltd.Max Financial Services Ltd.Bajaj Finance Ltd.Bajaj Finserv Ltd.ICICI Prudential Life Insurance Company Ltd.Muthoot Finance Ltd.



NAV Movement

Issuer NameYes Bank Ltd.HDFC Bank Ltd.Kotak Mahindra BankLarsen & Toubro Ltd.HDFC Ltd.Maruti Suzuki India Ltd.Power Grid Corporation Of India Ltd.Hindustan Unilever Ltd.Tata Elxsi India Ltd.Max Financial Services Ltd.Total

% to NAV4.283.983.493.423.412.982.562.392.142.14

30.79


GasGail ( India ) Ltd.Industrial ProductsFinolex Cables Ltd.Media & EntertainmentSun Tv Network Ltd.Zee Entertainment Enterprises Ltd.Petroleum ProductsReliance Industries Ltd.PowerPower Grid Corporation Of India Ltd.RetailingFuture Retail Ltd.Future Consumer Ltd.SoftwareTata Elxsi Ltd.Majesco Ltd.Textile ProductsRaymond Ltd.TransportationContainer Corporation Of India Ltd.Other Equities^

208000

146156

125650186550

115000

815000

2315001885000

114200133500

79750

60986

676.00

1020.83

1105.151094.77

1107.57

1692.35

1399.531123.46

1412.37767.22

885.66

796.263488.72

1.02

1.55

1.671.66

1.68

2.56

2.121.70

2.141.16

1.34

1.215.29


% toNAV

Debt InstrumentsGovernment SecuritiesGOI - 8.40% (28/07/2024)Non-Convertible Debentures/Bonds/ZCBHDFC Ltd. - ZCB06.99 % Rural Electrification Corp. Ltd.

SOV


512.25512.25

3690.342716.66973.68

0.780.785.594.121.48

No. of Shares


% of Assets

1,20,0001,29,592

15.27%1,26,982

11.05%1,30,133

16.15%

3,60,0004,74,070

18.77%4,44,039

14.15%4,51,311

15.29%

6,00,0009,95,449

20.39%8,50,901

13.97%8,38,606

13.38%

NANANANANANANA

NANANANANANANA

7,70,00014,68,984

19.93%12,15,941

14.07%12,03,589

13.76%

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 36-48. *B: Benchmark, AB: Additional Benchmark Source: MFI Explorer


68.05%30.50%1.45%



BENCHMARK

CRISIL Hybrid 25+75 Aggressive Index

MONTHLY AVERAGE AUM

Rs.618.40 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular

1.522.61

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

12.27%11.74%11.63%

6.51%5.97%

4.59%4.20%

3.37%3.33%

2.95%2.56%

2.39%1.78%1.68%1.55%

1.34%1.21%

0.61%0.55%

0.00% 5.00% 10.00% 15.00%


FinanceAuto

Construction ProjectRetailingSoftwareCement

Media & EntertainmentConsumer Durables

PowerIndustrial Products

GasPetroleum Products

Auto AncillariesTextile Products

TransportationConstruction

Pharmaceuticals

80

96

112

128

144

160


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





5.261.340.870.20

-0.09

3.561.001.000.26

NA

1.282.65



INVESTMENT STYLE


DATE OF ALLOTMENT

November 01, 2011

FUND MANAGER

NAV


: 20.547519.1542:

FUND SIZE

Rs. 133.50 (Rs. in Cr.)

MONTHLY AVERAGE AUM

Rs. 131.56 (Rs. in Cr.)

EXPENSE RATIO**

DirectRegular





LOAD STRUCTURE

Entry Load Not Applicable

Exit Load

PORTFOLIO

Company name

4012.81

157.93

209.08202.24164.61

167.37

165.852945.73

30.06

1.18

1.571.511.23

1.25

1.2422.06



2348.4213204.95

145.4813350.43

17.6498.96

1.04100.00




Returns

Total Value of B: CRISIL Short Term

Debt Hybrid 75+25 Fund Index

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




770,000

1,088,472

10.68%

1,068,480

10.11%

932,680

5.92%





No. of Shares Rs. Lakhs

% of Assets


% toNAV

Market Value

Equity & Equity Related TotalAutoMaruti Suzuki India Ltd.BanksYes Bank Ltd.HDFC Bank Ltd.Kotak Mahindra Bank Ltd.Construction ProjectLarsen & Toubro Ltd.FinanceHousing Development Finance Ltd.Other Equities^

1790

577501040013600

11950

8800

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 36-48*B: Benchmark, AB: Additional BenchmarkSource: MFI Explorer

120,000

123,063

4.89%

124,184

6.70%

116,850

-4.95%

360,000

415,214

9.57%

413,252

9.24%

376,156

2.90%

600,000

782,607

10.62%

767,665

9.84%

689,259

5.51%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA


Maturity Ladder

5812.101445.821068.12

930.98512.25509.79502.95488.29353.90982.37524.65

457.7249.2549.25

43.5410.83

8.006.973.843.823.773.662.657.363.93

3.430.370.37

Debt InstrumentsGovernment SecuritiesGOI - 6.84% (19/12/2022)GOI - 8.24% (15/02/2027)GOI - 6.79% (15/05/2027)GOI - 8.40% (28/07/2024)GOI - 8.20% (24/09/2025)GOI - 7.80% (11/04/2021)GOI - 7.73% (19/12/2034)SDL Maharashtra 8.44% (26/11/2024)Non-Convertible Debentures/Bonds09.95 % Food CorporationOf India Ltd.11.25 % Power Finance CorporationMoney Market InstrumentsAxis Bank Ltd. - CD

SOVSOVSOVSOVSOVSOVSOVSOV

CRISIL- AAA(so)

CRISIL- AAA

CRISIL- A1+


:

:


BENCHMARK

CRISIL Short Term Debt Hybrid 75+25 Fund Index


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





7.26%7.41%

:

::

7.73%

30.06%

43.54%

18.67%

A1+ / AAA

Equity

SOV


29.68%

7.36%

40.88%

0.37%2.65%0.37%

18.69%Equity Shares

NCD - Non Convertible Deb




Compulsory Convertible Debenture


21.39%

3.77%

21.25%

18.79%

3.66%

31.15%

0.00% 10.00% 20.00% 30.00% 40.00%

0 - 1 Yrs

1 - 3 Yrs

3 - 7 Yrs

7 - 10 Yrs

Abv 10 Yrs

Cash & Others

90

100

110

120

130

140


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



INVESTMENT STYLE


DATE OF ALLOTMENT

October 14, 1995

FUND MANAGER

NAVDirectReg

: 28.471826.9331:

FUND SIZE

Rs. 222.41 (Rs. in Cr.)

TURN OVER


30.66%13.66%

MINIMUM INVESTMENT/ MUL TIPLES FOR NEW INVESTMENT

Rs. 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


Exit Load :

PORTFOLIO

11287.64

714.65448.10339.77230.23

397.98

1149.51423.92

290.63244.57

450.32270.19259.05

415.70340.26

375.55

334.62

597.17

322.77

249.18

471.55447.00

610.80

50.75

3.212.011.531.04

1.79

5.171.91

1.311.10

2.021.211.16

1.871.53

1.69

1.50

2.69

1.45

1.12

2.122.01

2.75

8100152009100

140000

25000

31750021800

18400038000

160000106002725

9200066000

115554

90000

85500

55000

120000

78000750000

55000

32500 424.341479.78

1.916.65


Total Amount Invested (Rs.)Total Value as on Apr 30, 2018 (Rs.)ReturnsTotal Value of B: CRISIL Hybrid 35+65 - Aggressive IndexB: CRISIL Hybrid 35+65 - Aggressive IndexTotal Value of AB: CRISIL 10 Yr Gilt IndexAB: CRISIL 10 Yr Gilt Index(Inception date :14-Oct-1995) (First Installment date : 01-Feb-1996)

120,000125,026

7.92%126,128

9.68%116,960-4.70%

360,000424,56511.04%

437,27813.08%

376,4852.94%

600,000810,74512.01%

834,54613.18%

689,7445.52%

840,0001,292,113

12.10%1,336,932

13.06%1,041,363

6.05%

1,200,0002,216,796

11.81%2,271,952

12.27%1,631,915

5.99%

2,670,00013,853,324

12.93%12,647,104

12.27%5,472,095

5.98%


A balanced scheme that aims to invest its debt portion in quality debt papers / government securities of long term maturity. While equity portfolio invests in high quality companies to create long term wealth for the investor.

To provide long term capital growth along with steady capital appreciation to its unitholders, while at all times emphasising the importance of capital preservation.


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% (w.e.f. May 3, 2018)


NAV Movement

Issuer NameYes Bank Ltd.Maruti Suzuki India Ltd.Raymond Ltd.Finolex Cables Ltd.Future Retail Ltd.ITC Ltd.Bajaj Auto Ltd.Future Consumer Ltd.HDFC Bank Ltd.Container Corporation Of India Ltd.Total

% to NAV5.173.212.752.682.122.022.012.011.911.91

25.79

Equity & Equity Related TotalAutoMaruti Suzuki India Ltd.Bajaj Auto Ltd.Hero Motocorp Ltd.Ashok Leyland Ltd.Auto AncillariesCeat Ltd.BanksYes Bank Ltd.HDFC Bank Ltd.Construction ProjectEngineers India Ltd.Voltas Ltd.Consumer Non DurablesITC Ltd.Jubilant Foodworks Ltd.P & G Hygiene & Health Care Ltd.FinanceMuthoot Finance Ltd.Max Financial Services Ltd.GasGail ( India ) Ltd.Hotels, Resorts And Other Recreational ActivitiesWonderla Holidays Ltd.Industrial ProductsFinolex Cables Ltd.Media & EntertainmentZee Entertainment Enterprises Ltd.PowerPower Grid Corporation Of India Ltd.RetailingFuture Retail Ltd.Future Consumer Ltd.Textile ProductsRaymond Ltd.

TransportationContainer Corporation Of India Ltd.Other Equities^


SOVSOVSOVSOVSOVSOVSOV



ICRA- AAA

CRISIL- AAA

CRISIL- AAA

4334.741005.91

915.53732.50510.96509.79507.36152.69

3950.251027.45

608.96509.31489.53

483.78465.25

265.66

100.31972.06972.06

19.494.524.123.292.302.292.280.69

17.764.622.742.292.20

2.182.09

1.19

0.454.374.37


% to NAV

Debt InstrumentsGovernment SecuritiesGOI - 7.80% (11/04/2021)GOI - 8.24% (15/02/2027)GOI - 7.35% (22/06/2024)GOI - 8.28% (21/09/2027)GOI - 8.20% (24/09/2025)GOI - 8.20% (15/02/2022)GOI - 8.27% (09/06/2020)Non-Convertible Debentures/Bonds09.25 % Reliance Jio Infocomm Ltd.09.39 % Rural Electrification Corp. Ltd.08.87 % EXIM07.60 % National Highways AuthorityOf India07.90 % India Infradebt Ltd.07.30 % Power Grid CorporationOf India Ltd.07.63 % Housing & UrbanDevelopment Corporation Ltd.08.49 % NHPC Ltd.Privately Placed/Unlisted08.10 % SBI Cards & PaymentServices Pvt. Ltd.

1464.7522009.44

231.9722241.41


6.6198.981.02

100.00


Large Cap

Mid Cap

Small Cap

59.19%

37.85%

2.96%



Company name No. of Shares Market ValueRs. Lakhs

% of Assets

Company name No. of Shares Market ValueRs. Lakhs

% of Assets



7.340.120.730.850.34

-0.15

9.040.211.001.000.54

NA

Akhil Mittal (Managing Since 30-Jul-15 and overall experience of 15 years) (Debt) & Sonam Udasi (Managing Since 1-Apr-16 and overall experience of 20 years) (Equity)

BENCHMARKCRISIL Hybrid 35+65 - Aggressive Index



1.832.95


Tata Young Citizens’ Fund(An Open-Ended Balanced Scheme)





7.68%7.85%

:

::

7.95%7.79%

6.30%5.10%

3.40%2.75%2.68%

2.42%2.41%

1.91%1.79%1.69%

1.50%1.12%

0.83%0.74%

0.37%

0.00% 5.00% 10.00%

BanksAuto

Consumer Non DurablesRetailingFinance

Textile ProductsIndustrial Products

Media & EntertainmentConstruction Project

TransportationAuto Ancillaries

GasHotels, Resorts And Other Recreational…

PowerSoftwareCement

Petroleum Products

90

102

114

126

138

150


Tata Young Citizens Fund - RegCRISIL Hybrid 35+65 - Aggressive Index


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

Managing since: 26-Jun-14


SCHEME PERFORMANCE

1 year3 year5 yearSince Inception

3.08%6.58%8.15%6.80%

10,30712,10114,79226,218

3.70%7.57%7.87%6.43%

10,36912,44114,59624,943

-1.01%5.74%5.59%5.22%

9,89911,81913,12121,095

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

Inception date: 3-Sep-03




2.81%6.36%7.30%8.15%

10,28012,02914,22051,860

3.70%7.57%7.87%

NA

10,36912,44114,596

NA

-1.01%5.74%5.59%

NA

9,89911,81913,121

NA

TataLong Term Debt Fund

Crisil CompositeBond Fund Index* Crisil 10 Yr Gilt Index#

Inception date: 28-Apr-97




6.65%7.72%8.33%7.99%

10,66312,49614,91326,421

6.85%7.29%8.05%7.35%

10,68312,34714,72224,510

6.13%6.91%6.97%6.19%

10,61112,21614,00121,374

TataUltra Short Term Fund Crisil Liquid Fund Index* Crisil 1 Yr T-Bill Index#



Managing since: 30-Jul-15


10.06%9.03%

12.59%13.13%

11,01212,96418,098

1,61,599

11,24613,75618,840

NA

12.39%11.20%13.50%

NA

-0.94%5.75%5.59%

NA

9,90511,82713,129

NA

TataYoung Citizens Fund

CRISIL Hybrid 35+65- Aggressive Index* Crisil 10 Yr Gilt Index#

Inception date: 14-Oct-95


Managing since: 21-May-14


6.07%7.22%7.86%7.94%

10,60612,32214,59422,825

5.53%7.62%8.28%7.94%

10,55212,46014,87622,825

6.13%6.91%6.97%6.33%

10,61112,21614,00119,405

Tata Corporate Bond Fund Crisil Short TermBond Fund Index* Crisil 1 Yr T-Bill Index#

Inception date: 13-Jul-07


Managing since: 16-Oct-13


6.78%7.32%8.02%7.35%

10,67812,36314,71228,884

6.85%7.29%8.05%6.87%

10,68512,35414,73126,985

6.13%6.91%6.97%5.92%

10,61312,22214,00823,619

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

Inception date: 22-May-03




6.82%7.36%8.10%7.66%

10,68212,37814,76627,424

10,68512,35414,73125,648

6.85%7.29%8.05%7.13%

6.13%6.91%6.97%6.09%

10,61312,22214,00822,432

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


Lumpsum Performance of schemes managed by Akhil Mittal

Lumpsum Performance of Open Ended Schemes

Lumpsum Performance of schemes managed by Amit Somani




10.85%9.83%14.58%21.14%

11,09113,25019,759

4,62,451

18.88%10.71%14.15%12.25%

11,90013,57219,387

1,00,768

NANANANA

NANANANA

Tata Large Cap Fund S&P BSE Sensex TRI*


Lumpsum Performance of schemes managed by Gopal Agrawal

Note: * Benchmark;# Additional benchmark; Amount in rupees denotes Value of Standard Investment of Rs. 10,000. Refer to page number 48 for disclaimer on scheme performance.

(Manages debt portfolio)


Managing since: 01-Apr-17


SCHEME PERFORMANCE


6.65%8.23%16.79%16.02%

10,66912,67921,734

2,86,270

12.39%11.20%13.50%

NA

11,24613,75618,840

NA

18.88%10.71%14.15%11.38%

11,90013,57219,387

1,13,939

Tata Balanced FundCRISIL Hybrid 35+65- Aggressive Index* S&P BSE Sensex TRI#





18.75%17.85%20.82%18.45%

11,88616,37425,75530,053

18.88%10.71%14.15%12.95%

11,90013,57219,38722,068

NANANANA

NANANANA

Tata Retirement SavingsFund - Progressive Plan

S&P BSE Sensex TRI*

Inception date: 1-Nov-11




4.63%6.86%7.49%6.57%

10,46212,19914,34526,754

3.70%7.57%7.87%6.70%

10,36912,44114,59627,249

-1.01%5.74%5.59%5.92%

9,89911,81913,12124,354

Tata Medium Term FundCrisil Composite

Bond Fund Index*Crisil 10 Yr Gilt Index#





6.79%9.36%

11.19%10.53%

10,67713,07216,98619,154

10,82912,96216,39218,779

8.31%9.05%

10.40%10.20%

-1.01%5.74%5.59%7.12%

9,89911,81913,12115,622

Tata Retirement SavingsFund - Conservative Plan

CRISIL Short Term DebtHybrid 75+25 Fund Index*

Crisil 10 Yr Gilt Index#





3.40%4.92%6.35%7.26%

10,34211,55013,60435,345

12.46%9.11%10.32%

NA

11,25312,99316,348

NA

18.88%10.71%14.15%12.80%

11,90013,57219,38787,663

Tata Regular SavingEquity Fund

Nifty 50 Index TRI (35%),Nifty 50Arbitrage Index (30%), Crisil

Short Term Bond Fund Index (35%)*S&P BSE Sensex TRI#





15.54%14.68%21.00%18.71%

11,56315,08825,94730,490

13.72%11.69%14.30%13.26%

11,38013,93819,51822,466

18.88%10.71%14.15%12.95%

11,90013,57219,38722,068

Tata Retirement SavingsFund - Moderate Plan

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





2.57%6.40%8.18%8.16%

10,25612,04014,80718,502

4.15%7.61%8.00%8.28%

10,41412,45714,68918,668

-1.01%5.74%5.59%5.97%

9,89911,81913,12115,761

Tata Gilt Mid Term Fund I-Sec Composite Index* Crisil 10 Yr Gilt Index#

Inception date: 24-Jun-10




5.06%7.12%8.00%7.72%

10,50512,28614,69032,215

10,55212,46014,87629,456

5.53%7.62%8.28%7.11%

6.13%6.91%6.97%5.96%

10,61112,21614,00124,851

Tata Short TermBond Fund

Crisil Short TermBond Fund Index* Crisil 1 Yr T-Bill Index#

Inception date: 8-Aug-02




0.63%5.57%7.31%8.83%

10,06311,76214,22448,492

1.87%6.68%6.95%9.01%

10,18612,13713,98549,974

-1.01%5.74%5.59%

NA

9,89911,81913,121

NA

TataGilt Securities Fund

CRISIL Gilt Index* Crisil 10 Yr Gilt Index#


Lumpsum Performance of schemes managed by Murthy Nagarajan


Lumpsum Performance of schemes managed by Naresh Kumar

Note: * Benchmark; # Additional benchmark; Amount in rupees denotes Value of Standard Investment of Rs. 10,000. Refer to page number 48 for disclaimer on scheme performance.

(Manages debt portfolio) (Manages debt portfolio)







SCHEME PERFORMANCE


6.65%8.23%16.79%16.02%

10,66912,67921,734

2,86,270

12.39%11.20%13.50%

NA

11,24613,75618,840

NA

18.88%10.71%14.15%11.38%

11,90013,57219,387

1,13,939

Tata Balanced FundCRISIL Hybrid 35+65- Aggressive Index* S&P BSE Sensex TRI#



Managing since: 28-Dec-15


14.83%NANA

28.09%

11,492NANA

17,845

18.63%NANA

20.76%

11,875NANA

15,548

16.91%NANA

15.32%

11,701NANA

13,959

Tata Banking AndFinancial Services Fund$

Nifty FinancialServices TRI*

Nifty 50 TRI#

Inception date: 28-Dec-15




57.93%NANA

16.10%

15,832NANA

14,181

43.68%NANA

11.05%

14,396NANA

12,779

18.88%NANA

15.15%

11,900NANA

13,911

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



Managing since: 02-Jan-12


16.33%9.91%

17.97%16.65%

11,64213,28022,860

2,93,549

18.57%15.56%19.90%

NA

11,86815,44024,787

NA

16.91%10.89%14.03%12.33%

11,70113,64019,286

1,28,278

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





10.43%11.30%17.38%16.68%

11,04913,79122,29579,573

16.91%13.40%16.74%15.67%

11,70114,58621,69370,785

16.91%10.89%14.03%15.31%

11,70113,64019,28667,850

Tata Dividend Yield Fund Nifty 500 TRI* Nifty 50 TRI#





17.87%9.97%

18.68%12.58%

11,79813,30223,56024,543

11,50314,27720,98620,175

14.94%12.59%15.97%9.71%

16.91%10.89%14.03%8.90%

11,70113,64019,28619,079

Tata Offshore IndiaSharia Scheme Nifty 50 Shariah TRI* Nifty 50 TRI#





11.86%11.53%17.99%12.64%

11,19313,87922,876

2,00,612

17.22%13.51%16.90%

NA

11,73214,63221,840

NA

18.88%10.71%14.15%11.25%

11,90013,57219,387

1,46,547

Tata EquityOpportunities Fund S&P BSE 500 TRI* S&P BSE Sensex TRI#

Inception date: 25-Feb-93

Lumpsum Performance of schemes managed by Pradeep Gokhale


Lumpsum Performance of schemes managed by Rupesh Patel


Note: $Pradeep Gokhale is the co-fund manager

(Manages equity portfolio)




7.19%11.35%16.69%14.21%

10,72313,81021,64358,852

16.91%13.40%16.74%14.68%

11,70114,58621,69362,136

16.91%10.89%14.03%14.50%

11,70113,64019,28660,868

Tata Infrastructure Fund Nifty 500 TRI* Nifty 50 TRI#





34.94%NANA

29.97%

13,517NANA

18,465

25.25%NANA

17.57%

12,540NANA

14,603

16.91%NANA

15.32%

11,701NANA

13,959

TataIndia Consumer Fund$

Nifty IndiaConsumption TRI*

Nifty 50 TRI#





-2.95%NANA

-4.66%

9,703NANA

8,944

-9.87%NANA

-10.94%

9,008NANA

7,626

16.91%NANA

15.32%

11,701NANA

13,959

Tata India PharmaAnd Healthcare Fund$ Nifty Pharma TRI* Nifty 50 TRI#


Note: $Rupesh Patel is the co-fund manager




15.65%16.30%21.66%19.98%

11,57415,73626,663

5,59,867

18.88%10.71%14.15%11.98%

11,90013,57219,387

1,21,779

NANANANA

NANANANA

TataIndia Tax Savings Fund S&P BSE Sensex TRI*

Inception date: 31-Mar-96


SCHEME PERFORMANCE




4.15%NANA

19.14%

10,418NANA

15,063

9.77%NANA

25.12%

10,982NANA

16,894

16.91%NANA

15.32%

11,701NANA

13,959

Tata Resources &Energy Fund$ Nifty Commodities TRI* Nifty 50 TRI#


Lumpsum Performance of schemes managed by Rupesh Patel (contd.)




14.83%NANA

28.09%

11,492NANA

17,845

18.63%NANA

20.76%

11,875NANA

15,548

16.91%NANA

15.32%

11,701NANA

13,959

Tata Banking And FinancialServices Fund

Nifty FinancialServices TRI*

Nifty 50 TRI#





57.93%NANA

16.10%

15,832NANA

14,181

43.68%NANA

11.05%

14,396NANA

12,779

18.88%NANA

15.15%

11,900NANA

13,911

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





15.52%17.90%25.16%21.23%

11,56116,39730,728

1,43,716

18.88%10.71%14.15%16.69%

11,90013,57219,38784,734

NANANANA

NANANANA

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

Inception date: 29-Jun-04

Lumpsum Performance of schemes managed by Sonam Udasi





12.71%10.89%16.28%14.01%

11,27913,64121,26553,358

18.88%10.71%14.15%14.37%

11,90013,57219,38754,316

NANANANA

NANANANA

Tata Offshore IndiaOpportunities Scheme

S&P BSE Sensex TRI*





8.47%12.94%18.64%12.43%

10,85214,41023,51831,343

18.88%10.71%14.15%10.94%

11,90013,57219,38727,512

NANANANA

NANANANA

Tata Offshore IndiaInfrastructure Scheme

S&P BSE Sensex TRI*

Inception date: 01-Aug-08




10.98%12.55%26.03%12.68%

11,10414,26431,820

1,72,177

13.28%18.34%22.54%

NA

11,33516,58127,646

NA

16.91%10.89%14.03%10.59%

11,70113,64019,286

1,10,284

Tata Mid Cap Growth Fund Nifty Midcap 100 TRI*


Nifty 50 TRI#



1 year3 year5 year

Since Inception

15.84%

9.78%

12.60%

16.68%

11,593

13,234

18,110

1,04,137

16.91%

10.89%

14.03%

18.15%

11,701

13,640

19,286

1,25,836

NA

NA

NA

NA

NA

NA

NA

NA

Tata Index Fund -Nifty Plan Nifty 50 TRI*





17.79%9.56%

12.61%16.38%

11,78913,15618,111

1,00,045

18.88%10.71%14.15%18.09%

11,90013,57219,387

1,24,998

NANANANA

NANANANA

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





34.94%NANA

29.97%

13,517NANA

18,465

25.25%NANA

17.57%

12,540NANA

14,603

16.91%NANA

15.32%

11,701NANA

13,959

Tata India Consumer Fund Nifty India ConsumptionTRI* Nifty 50 TRI#


-2.95%NANA

-4.66%

9,703NANA

8,944

-9.87%NANA

-10.94%

9,008NANA

7,626

16.91%NANA

15.32%

11,701NANA

13,959




Tata India Pharma AndHealthcare Fund Nifty Pharma TRI* Nifty 50 TRI#





3.40%4.92%6.35%7.26%

10,34211,55013,60435,345

12.46%9.11%

10.32%NA

11,25312,99316,348

NA

18.88%10.71%14.15%12.80%

11,90013,57219,38787,663

Tata Regular SavingEquity Fund S&P BSE Sensex TRI#

Nifty 50 Index TRI (35%), Nifty 50Arbitrage Index (30%), Crisil Short

Term Bond Fund Index (35%)*



Note: $Rupesh Patel is the co-fund manager


SCHEME PERFORMANCE

6.79%9.36%

11.19%10.53%

10,67713,07216,98619,154

8.31%9.05%

10.40%10.20%

10,82912,96216,39218,779

-1.01%5.74%5.59%7.12%

9,89911,81913,12115,622





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


Lumpsum Performance of schemes managed by Sonam Udasi (contd.)

10.06%9.03%

12.59%13.13%

11,01212,96418,098

1,61,599

12.39%11.20%13.50%

NA

11,24613,75618,840

NA

-0.94%5.75%5.59%

NA

9,90511,82713,129

NA




Tata Young Citizens Fund CRISIL Hybrid 35+65- Aggressive Index*







10.98%12.55%26.03%12.68%

11,10414,26431,820

1,72,177

13.28%18.34%22.54%

NA

11,33516,58127,646

NA

16.91%10.89%14.03%10.59%

11,70113,64019,286

1,10,284

TataMid Cap Growth Fund$ Nifty Midcap 100 TRI* Nifty 50 TRI#





12.71%10.89%16.28%14.01%

11,27913,64121,26553,358

18.88%10.71%14.15%14.37%

11,90013,57219,38754,316

NANANANA

NANANANA

Tata Offshore IndiaOpportunities Scheme S&P BSE Sensex TRI*


Lumpsum Performance of schemes co-managed by Danesh Mistry




Note: $Danesh Mistry is the assistant fund manager




4.15%NANA

19.14%

10,418NANA

15,063

9.77%NANA

25.12%

10,982NANA

16,894

16.91%NANA

15.32%

11,701NANA

13,959

Tata Resources &Energy Fund

Nifty Commodities TRI* Nifty 50 TRI#


15.54%14.68%21.00%18.71%

11,56315,08825,94730,490

13.72%11.69%14.30%13.26%

11,38013,93819,51822,466

18.88%10.71%14.15%12.95%

11,90013,57219,38722,068





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


Manages equity portfolio




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


18.75%17.85%20.82%18.45%

11,88616,37425,75530,053

18.88%10.71%14.15%12.95%

11,90013,57219,38722,068

NANANANA

NANANANA


SIP Performance of schemes managed by Akhil Mittal

SCHEME PERFORMANCE

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

Crisil 10 Yr GiltIndex#

CRISIL Composite BondFund Index*

TataDynamic Bond Fund


1 Year

3 Year

5 Year

Since Inception

0.28%

5.21%

7.06%

7.32%

1,20,000

3,60,000

6,00,000

17,50,000

1,20,175

3,89,437

7,16,377

30,66,485

0.58%

5.89%

7.71%

7.39%

1,20,364

3,93,379

7,28,145

30,84,607

-4.95%

2.90%

5.51%

5.97%

1,16,850

3,76,156

6,89,259

27,55,700

Inception date: 3-Sep-03 First Installment date: 1-Oct-03


Crisil 1 Yr T-BillIndex#

Crisil Liquid FundIndex*

TataUltra Short Term Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

6.41%

7.27%

7.84%

8.20%

1,20,000

3,60,000

6,00,000

15,10,000

1,24,007

4,01,476

7,30,503

25,89,180

6.96%

7.04%

7.53%

7.64%

1,24,348

4,00,087

7,24,826

24,92,624

6.16%

6.43%

6.97%

6.61%

1,23,851

3,96,520

7,14,702

23,25,602


Amt. Invested

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

Crisil 10 Yr GiltIndex#

CRISIL Hybrid 35+65- Aggressive Index*


Amt. Invested

Managing since: 30-Jul-15

1 Year

3 Year

5 Year

Since Inception

7.92%

11.04%

12.01%

12.93%

1,20,000

3,60,000

6,00,000

26,70,000

1,25,026

4,24,565

8,10,745

1,38,53,324

9.68%

13.08%

13.18%

12.27%

-4.70%

2.94%

5.52%

5.98%

1,26,128

4,37,278

8,34,546

1,26,47,104

1,16,960

3,76,485

6,89,744

54,72,095

Inception date: 14-Oct-95 First Installment date: 1-Feb-96


Crisil 10 Yr Gilt Index#Crisil Composite Bond

Fund Index*Tata

Long Term Debt Fund


1 Year

3 Year

5 Year

Since Inception

-0.46%

4.83%

6.60%

7.12%

1,20,000

3,60,000

6,00,000

24,90,000

1,19,707

3,87,214

7,08,252

55,39,333

0.58%

5.89%

7.71%

6.61%

1,20,364

3,93,379

7,28,145

52,09,615

-4.95%

2.90%

5.51%

6.10%

1,16,850

3,76,156

6,89,259

49,09,975

Inception date: 28-Apr-97 First Installment date: 1-Aug-97

Amt. Invested

SIP Performance of schemes managed by Amit Somani



Crisil Liquid FundIndex*

Tata Liquid Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

6.89%

7.02%

7.52%

7.78%

1,20,000

3,60,000

6,00,000

17,90,000

1,24,393

4,00,295

7,25,213

33,06,985

6.96%

7.03%

7.53%

7.44%

1,24,435

4,00,355

7,25,342

32,15,702

6.17%

6.44%

6.96%

6.42%

1,23,934

3,96,819

7,15,184

29,57,462

Inception date: 22-May-03 First Installment date: 1-Jun-03



Crisil Short Term BondFund Index*

TataCorporate Bond Fund

Managing since: 21-May-14

1 Year

3 Year

5 Year

Since Inception

5.52%

6.66%

7.33%

7.86%

1,20,000

3,60,000

6,00,000

12,90,000

1,23,452

3,97,862

7,21,168

19,95,860

4.35%

6.74%

7.74%

8.05%

1,22,730

3,98,325

7,28,623

20,17,842

6.16%

6.43%

6.97%

6.75%

1,23,851

3,96,520

7,14,702

18,74,615

Inception date: 13-Jul-07 First Installment date: 1-Aug-07

Amt. Invested Return %Return %Return %Period Rs.Rs.Rs.

Crisil 1 Yr T-Bill Index#Crisil Liquid Fund

Index*Tata

Money Market Fund


1 Year

3 Year

5 Year

Since Inception

6.94%

7.07%

7.58%

7.94%

1,20,000

3,60,000

6,00,000

16,30,000

1,24,421

4,00,587

7,26,236

28,73,241

6.96%

7.03%

7.53%

7.57%

1,24,435

4,00,355

7,25,342

27,95,156

6.17%

6.44%

6.96%

6.54%

1,23,934

3,96,819

7,15,184

25,90,443


Amt. Invested

SIP Performance of Open Ended Schemes

SIP Performance of schemes managed by Gopal Agrawal


S&P BSE Sensex TRI*Tata

Large Cap Fund


1 Year

3 Year

5 Year

Since Inception

7.50%

11.94%

12.80%

18.96%

1,24,761

4,30,116

8,26,694

2,14,11,904

1,20,000

3,60,000

6,00,000

23,90,000

16.15%

15.29%

13.38%

14.50%

1,30,133

4,51,311

8,38,606

1,23,29,822

NA

NA

NA

NA

NA

NA

NA

NA

Inception date: 07-May-98 First Installment date: 01-Jun-98

Amt. Invested

Note: * Benchmark;# Additional benchmark; Amount invested denotes value of standard investment of Rs. 10,000 per month. Refer to page number 48 for disclaimer on scheme performance.


SCHEME PERFORMANCE


SIP Performance of schemes managed by Naresh Kumar


Crisil 10 Yr Gilt Index#I-SecComposite Index*

TataGilt Mid Term Fund


1 Year

3 Year

5 Year

Since Inception

-0.43%

4.68%

6.99%

8.09%

1,20,000

3,60,000

6,00,000

9,40,000

1,19,731

3,86,324

7,15,144

12,97,689

1.38%

5.91%

7.82%

8.37%

1,20,868

3,93,454

7,30,161

13,12,149

-4.95%

2.90%

5.51%

6.09%

1,16,850

3,76,156

6,89,259

11,97,702

Inception date: 24-Jun-10 First Installment date: 1-Jul-10


Crisil 10 Yr Gilt Index#CRISIL Gilt Index*Tata

Gilt Securities Fund


1 Year

3 Year

5 Year

Since Inception

-4.68%

3.58%

6.27%

7.22%

1,20,000

3,60,000

6,00,000

22,30,000

1,17,025

3,80,056

7,02,454

45,76,600

-1.56%

4.61%

6.94%

7.69%

1,19,016

3,85,946

7,14,290

48,11,450

-4.95%

2.90%

5.51%

6.17%

1,16,850

3,76,156

6,89,259

41,03,455


Amt. Invested


SIP Performance of schemes managed by Danesh Mistry


Nifty 50 TRI#Nifty Midcap100 TRI*

TataMid Cap Growth Fund


1 Year

3 Year

5 Year

Since Inception

8.84%

15.71%

21.45%

17.62%

1,20,000

3,60,000

6,00,000

28,60,000

1,25,601

4,54,027

10,21,490

2,10,87,548

14.02%

20.69%

22.46%

18.04%

1,28,820

4,86,937

10,46,615

2,21,91,707

13.71%

15.02%

13.58%

14.02%

1,28,627

4,49,584

8,42,764

1,36,64,601

Inception date: 1-Jul-94 First Installment date: 1-Jul-94

Amt. Invested

SIP Performance of schemes managed by Pradeep Gokhale


S&P BSE Sensex TRI#CRISIL Hybrid 35+65- Aggressive Index*

Tata Balanced Fund


1 Year

3 Year

5 Year

Since Inception

6.33%

9.36%

13.36%

17.36%

1,20,000

3,60,000

6,00,000

26,70,000

1,24,025

4,14,303

8,38,328

2,58,40,240

9.68%

13.08%

13.18%

12.27%

1,26,128

4,37,278

8,34,546

1,26,47,104

16.15%

15.29%

13.38%

13.75%

1,30,133

4,51,311

8,38,606

1,55,20,853



Nifty 50 TRI#Nifty FinancialServices TRI*

Tata Banking AndFinancial Services Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

12.42%

NA

NA

25.47%

1,20,000

NA

NA

2,80,000

1,27,833

NA

NA

3,72,137

11.56%

NA

NA

22.78%

1,27,301

NA

NA

3,61,773

13.71%

NA

NA

17.26%

1,28,627

NA

NA

3,41,027

Inception date: 28-Dec-15 First Installment date: 1-Jan-16


S&P BSE Sensex TRI#S&P BSE IT TRI*Tata

Digital India Fund


1 Year

3 Year

5 Year

Since Inception

75.49%

NA

NA

32.06%

1,20,000

NA

NA

2,80,000

1,64,273

NA

NA

3,98,048

54.84%

NA

NA

23.45%

1,52,839

NA

NA

3,64,345

16.15%

NA

NA

17.93%

1,30,133

NA

NA

3,43,505


Amt. Invested


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


1 Year

3 Year

5 Year

Since Inception

16.78%

13.03%

14.59%

18.81%

1,20,000

3,60,000

6,00,000

26,00,000

1,30,515

4,36,949

8,64,171

2,86,63,972

13.71%

18.32%

18.02%

9.03%

1,28,631

4,71,100

9,39,870

76,73,142

13.71%

15.02%

13.58%

14.40%

1,28,627

4,49,584

8,42,764

1,56,54,224

Inception date: 24-May-96 First Installment date: 1-Sep-96

Amt. Invested

SIP Performance of schemes managed by Murthy Nagarajan


S&P BSE Sensex TRI#CRISIL Hybrid 35+65- Aggressive Index*Tata Balanced Fund


1 Year

3 Year

5 Year

Since Inception

6.33%

9.36%

13.36%

17.36%

1,20,000

3,60,000

6,00,000

26,70,000

1,24,025

4,14,303

8,38,328

2,58,40,240

9.68%

13.08%

13.18%

12.27%

1,26,128

4,37,278

8,34,546

1,26,47,104

16.15%

15.29%

13.38%

13.75%

1,30,133

4,51,311

8,38,606

1,55,20,853



Crisil 10 Yr Gilt Index#Crisil Composite Bond

Fund Index*Tata

Medium Term Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

2.49%

5.97%

7.14%

7%

1,20,000

3,60,000

6,00,000

18,40,000

1,21,568

3,93,851

7,17,840

32,39,785

0.58%

5.89%

7.71%

7.29%

1,20,364

3,93,379

7,28,145

33,17,221

-4.95%

2.90%

5.51%

5.91%

1,16,850

3,76,156

6,89,259

29,57,023

Inception date: 11-Nov-02 First Installment date: 1-Jan-03


SCHEME PERFORMANCE


SIP Performance of schemes managed by Rupesh Patel


Nifty 50 TRI#Nifty 500 TRI*TataDividend Yield Fund


1 Year

3 Year

5 Year

Since Inception

11.26%

13.99%

15.60%

15.17%

1,20,000

3,60,000

6,00,000

16,10,000

1,27,109

4,43,044

8,85,769

48,29,742

14.14%

17.32%

16.46%

13.39%

1,28,894

4,64,518

9,04,748

42,19,708

13.71%

15.02%

13.58%

12.50%

1,28,627

4,49,584

8,42,764

39,47,656

Inception date: 22-Nov-04 First Installment date: 1-Dec-04

Amt. Invested





Amt. Invested


1 Year

3 Year

5 Year

Since Inception

15.27%

18.77%

20.39%

19.93%

1,20,000

3,60,000

6,00,000

7,70,000

1,29,592

4,74,070

9,95,449

14,68,984

11.05%

14.15%

13.97%

14.07%

1,26,982

4,44,039

8,50,901

12,15,941

16.15%

15.29%

13.38%

13.76%

1,30,133

4,51,311

8,38,606

12,03,589



S&P BSE Sensex TRI#Nifty 50 Index TRI (35%),Nifty 50

Arbitrage Index (30%), Crisil ShortTerm Bond Fund Index (35%)*

Tata RegularSaving Equity Fund


1 Year

3 Year

5 Year

Since Inception

3.28%

5.79%

6.24%

6.65%

1,20,000

3,60,000

6,00,000

21,60,000

1,22,094

3,92,970

7,02,153

40,87,485

12.62%

10.92%

10.27%

4.09%

1,27,956

4,23,808

7,76,422

31,72,683

16.15%

15.29%

13.37%

14.98%

1,30,133

4,51,331

8,38,370

98,06,156

Inception date: 27-Apr-00 First Installment date: 1-May-00


Crisil 10 Yr Gilt Index#CRISIL Short Term Debt

Hybrid 75+25 Fund Index*Tata Retirement SavingsFund - Conservative Plan

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

4.89%

9.57%

10.62%

10.68%

1,20,000

3,60,000

6,00,000

7,70,000

1,23,063

4,15,214

7,82,607

10,88,472

6.70%

9.24%

9.84%

10.11%

1,24,184

4,13,252

7,67,665

10,68,480

-4.95%

2.90%

5.51%

5.92%

1,16,850

3,76,156

6,89,259

9,32,680



Crisil 1 Yr T-Bill Index#Crisil Short Term Bond

Fund Index*Tata

Short Term Bond Fund


1 Year

3 Year

5 Year

Since Inception

3.87%

6.24%

7.32%

7.96%

1,20,000

3,60,000

6,00,000

18,80,000

1,22,428

3,95,394

7,21,012

36,43,411

4.35%

6.74%

7.74%

7.68%

1,22,730

3,98,325

7,28,612

35,55,265

6.16%

6.43%

6.97%

6.36%

1,23,851

3,96,520

7,14,695

31,73,624

Inception date: 8-Aug-02 First Installment date: 1-Sep-02

Amt. Invested

SIP Performance of schemes managed by Murthy Nagarajan (contd.)


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


1 Year

3 Year

5 Year

Since Inception

18.38%

22.25%

21.52%

20.36%

1,20,000

3,60,000

6,00,000

7,70,000

1,31,497

4,97,600

10,23,223

14,89,160

16.15%

15.29%

13.38%

13.76%

1,30,133

4,51,311

8,38,606

12,03,589

NA

NA

NA

NA

NA

NA

NA

NA


Amt. Invested


S&P BSE Sensex TRI#S&P BSE 500 TRI*Tata EquityOpportunities Fund


1 Year

3 Year

5 Year

Since Inception

10.29%

13.49%

15.66%

17.46%

1,20,000

3,60,000

6,00,000

30,20,000

1,26,508

4,39,847

8,87,121

3,80,38,936

14.45%

17.49%

16.58%

14.92%

1,29,086

4,65,625

9,07,301

2,56,38,854

16.15%

15.29%

13.38%

13.02%

1,30,133

4,51,311

8,38,606

1,91,34,798

Inception date: 25-Feb-93 First Installment date: 1-Mar-93

Amt. Invested


Nifty 50 TRI#Nifty IndiaConsumption TRI*

TataIndia Consumer Fund


1 Year

3 Year

5 Year

Since Inception

32.35%

NA

NA

36.66%

1,20,000

NA

NA

2,80,000

1,39,873

NA

NA

4,16,672

1,33,011

NA

NA

3,58,404

20.87%

NA

NA

21.89%

13.71%

NA

NA

17.26%

1,28,627

NA

NA

3,41,027


Amt. Invested


Nifty 50 TRI#Nifty Pharma TRI*Tata India Pharma AndHealthcare Fund


1 Year

3 Year

5 Year

Since Inception

6.67%

NA

NA

-1.10%

1,20,000

NA

NA

2,80,000

1,24,243

NA

NA

2,76,313

-4.22%

NA

NA

-9.63%

1,17,269

NA

NA

2,48,497

13.71%

NA

NA

17.26%

1,28,627

NA

NA

3,41,027


Amt. Invested


SCHEME PERFORMANCE


Nifty 50 TRI#Nifty Commodities TRI*Tata Resources &

Energy Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

0.66%

NA

NA

13.49%

1,20,000

NA

NA

2,80,000

1,20,422

NA

NA

3,27,196

5.21%

NA

NA

20.21%

1,23,321

NA

NA

3,52,055

13.71%

NA

NA

17.26%

1,28,627

NA

NA

3,41,027



S&P BSE Sensex TRI*Tata

India Tax Savings Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

12.18%

18.32%

20.13%

20.40%

1,20,000

3,60,000

6,00,000

26,20,000

1,27,680

4,71,075

9,89,282

3,68,25,450

16.15%

15.29%

13.38%

13.88%

1,30,133

4,51,311

8,38,606

1,49,17,906

NA

NA

NA

NA

NA

NA

NA

NA

Inception date: 31-Mar-96 First Installment date: 1-Jul-96


Nifty 50 TRI#Nifty Midcap 100 TRI*Tata

Mid Cap Growth Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

8.84%

15.71%

21.45%

17.62%

1,20,000

3,60,000

6,00,000

28,60,000

1,25,601

4,54,027

10,21,490

2,10,87,548

14.02%

20.69%

22.46%

18.04%

1,28,820

4,86,937

10,46,615

2,21,91,707

13.71%

15.02%

13.58%

14.02%

1,28,627

4,49,584

8,42,764

1,36,64,601

Inception date: 01-Jul-94 First Installment date: 01-Jul-94


Nifty 50 TRI#Nifty FinancialServices TRI*

Tata Banking AndFinancial Services Fund


1 Year

3 Year

5 Year

Since Inception

1,20,000

NA

NA

2,80,000

12.42%

NA

NA

25.47%

1,27,833

NA

NA

3,72,137

11.56%

NA

NA

22.78%

1,27,301

NA

NA

3,61,773

13.71%

NA

NA

17.26%

1,28,627

NA

NA

3,41,027



S&P BSE Sensex TRI#S&P BSE IT TRI*TataDigital India Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

75.49%

NA

NA

32.06%

1,20,000

NA

NA

2,80,000

1,64,273

NA

NA

3,98,048

54.84%

NA

NA

23.45%

1,52,839

NA

NA

3,64,345

16.15%

NA

NA

17.93%

1,30,133

NA

NA

3,43,505


Amt. Invested

SIP Performance of schemes managed by Sonam Udasi

SIP Performance of schemes managed by Rupesh Patel (contd.)



S&P BSE Sensex TRI*TataEquity P/E Fund


1 Year

3 Year

5 Year

Since Inception

15.54%

23.13%

24.16%

18.59%

1,20,000

3,60,000

6,00,000

16,60,000

1,29,758

5,03,686

10,90,184

67,85,445

16.15%

15.29%

13.38%

12.88%

1,30,133

4,51,311

8,38,606

43,24,617

NA

NA

NA

NA

NA

NA

NA

NA

Inception date: 29-Jun-04 First Installment date: 1-Jul-04

Amt. Invested


Nifty 50 TRI#Nifty 500 TRI*Tata

Infrastructure Fund


1 Year

3 Year

5 Year

Since Inception

4.97%

14.39%

16.76%

10.90%

1,20,000

3,60,000

6,00,000

15,90,000

1,23,166

4,45,598

9,11,410

34,23,223

14.14%

17.32%

16.46%

13.31%

1,28,894

4,64,518

9,04,748

40,90,760

13.71%

15.02%

13.58%

12.40%

1,28,627

4,49,584

8,42,764

38,22,998

Inception date: 31-Dec-04 First Installment date: 1-Feb-05

Amt. Invested


Nifty 50 TRI*TataIndex Fund - Nifty Plan

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

12.76%

13.86%

12.30%

12.63%

1,20,000

3,60,000

6,00,000

18,10,000

1,28,043

4,42,202

8,16,707

50,83,807

13.71%

15.02%

13.58%

14.04%

1,28,627

4,49,584

8,42,764

57,41,753

NA

NA

NA

NA

NA

NA

NA

NA

Inception date: 25-Feb-03 First Installment date: 1-Apr-03


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


1 Year

3 Year

5 Year

Since Inception

15.18%

14.15%

12.06%

12.16%

1,20,000

3,60,000

6,00,000

18,10,000

1,29,534

4,44,067

8,11,859

48,83,178

16.15%

15.29%

13.38%

14.02%

1,30,133

4,51,311

8,38,606

57,32,353

NA

NA

NA

NA

NA

NA

NA

NA

Inception date: 25-Feb-03 First Installment date: 1-Apr-03

Amt. Invested


NiftyIndia Consumption TRI*

TataIndia Consumer Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

32.35%

NA

NA

36.66%

1,20,000

NA

NA

2,80,000

1,39,873

NA

NA

4,16,672

20.87%

NA

NA

21.89%

1,33,011

NA

NA

3,58,404

13.71%

NA

NA

17.26%

1,28,627

NA

NA

3,41,027


Nifty 50 TRI#


SCHEME PERFORMANCE


Nifty 50 TRI#Nifty Pharma TRI*Tata India PharmaAnd Healthcare Fund


1 Year

3 Year

5 Year

Since Inception

6.67%

NA

NA

-1.10%

1,20,000

NA

NA

2,80,000

1,24,243

NA

NA

2,76,313

-4.22%

NA

NA

-9.63%

1,17,269

NA

NA

2,48,497

13.71%

NA

NA

17.26%

1,28,627

NA

NA

3,41,027


Amt. Invested


Nifty 50 TRI#Nifty Commodities TRI*Tata Resources &

Energy Fund


1 Year

3 Year

5 Year

Since Inception

0.66%

NA

NA

13.49%

1,20,000

NA

NA

2,80,000

1,20,422

NA

NA

3,27,196

5.21%

NA

NA

20.21%

1,23,321

NA

NA

3,52,055

13.71%

NA

NA

17.26%

1,28,627

NA

NA

3,41,027


Amt. Invested




Amt. Invested


1 Year

3 Year

5 Year

Since Inception

15.27%

18.77%

20.39%

19.93%

1,20,000

3,60,000

6,00,000

7,70,000

1,29,592

4,74,070

9,95,449

14,68,984

11.05%

14.15%

13.97%

14.07%

1,26,982

4,44,039

8,50,901

12,15,941

16.15%

15.29%

13.38%

13.76%

1,30,133

4,51,311

8,38,606

12,03,589



Crisil10 Yr Gilt Index#

CRISIL Short Term DebtHybrid 75+25 Fund Index*


Amt. Invested


1 Year

3 Year

5 Year

Since Inception

4.89%

9.57%

10.62%

10.68%

1,20,000

3,60,000

6,00,000

7,70,000

1,23,063

4,15,214

7,82,607

10,88,472

6.70%

9.24%

9.84%

10.11%

1,24,184

4,13,252

7,67,665

10,68,480

-4.95%

2.90%

5.51%

5.92%

1,16,850

3,76,156

6,89,259

9,32,680


SIP Performance of schemes managed by Sonam Udasi (contd.)



Crisil10 Yr Gilt Index#

CRISIL Hybrid 35+65- Aggressive Index*



1 Year

3 Year

5 Year

Since Inception

7.92%

11.04%

12.01%

12.93%

1,20,000

3,60,000

6,00,000

26,70,000

1,25,026

4,24,565

8,10,745

1,38,53,324

9.68%

13.08%

13.18%

12.27%

1,26,128

4,37,278

8,34,546

1,26,47,104

-4.70%

2.94%

5.52%

5.98%

1,16,960

3,76,485

6,89,744

54,72,095


Amt. Invested


S&P BSE Sensex TRI#Nifty 50 Index TRI (35%), Nifty 50Arbitrage Index (30%), Crisil Short

Term Bond Fund Index (35%)*

Tata RegularSaving Equity Fund

Amt. Invested


1 Year

3 Year

5 Year

Since Inception

3.28%

5.79%

6.24%

6.65%

1,20,000

3,60,000

6,00,000

21,60,000

1,22,094

3,92,970

7,02,153

40,87,485

12.62%

10.92%

10.27%

4.09%

1,27,956

4,23,808

7,76,422

31,72,683

16.15%

15.29%

13.37%

14.98%

1,30,133

4,51,331

8,38,370

98,06,156

Inception date: 27-Apr-00 First Installment date: 1-May-00


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


1 Year

3 Year

5 Year

Since Inception

18.38%

22.25%

21.52%

20.36%

1,20,000

3,60,000

6,00,000

7,70,000

1,31,497

4,97,600

10,23,223

14,89,160

16.15%

15.29%

13.38%

13.76%

1,30,133

4,51,311

8,38,606

12,03,589

NA

NA

NA

NA

NA

NA

NA

NA


Amt. Invested

Managing since: 01-Jan-14Inception date: 30-Mar-09



5.48%9.57%14.48%11.34%

10,55113,15719,66926,558

16.91%13.40%16.74%18.44%

11,70114,58621,69346,573

16.91%10.89%14.03%16.52%

11,70113,64019,28640,142

Tata InfrastructureTax Saving Fund Nifty 500 TRI* Nifty 50 TRI#

Lumpsum Performance of schemes managed by Rupesh Patel


SCHEME PERFORMANCE

Lumpsum Performance of schemes managed by Akhil Mittal

Lumpsum Performance of Close Ended Schemes




6.63%7.95%

NA8.24%

10,66112,574

NA13,722

3.70%7.57%

NA9.08%

10,36912,441

NA14,150

-1.01%5.74%

NA7.70%

9,89911,819

NA13,447

Tata FMP - Series 47- Scheme

Crisil CompositeBond Fund Index*


Inception date: 26-Mar-15



SCHEME PERFORMANCE

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.4 ) NA stands for schemes in existence for more than 1 year but less than 3 years5) Period for which schemes performance has been provided is computed basis last day of the month - end preceding the date of advertisement.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 TLF, TFF, TTMF & TMMF 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. Mutual Fund Investments are subject to market risks, read all Scheme related documents carefully.NA - data are not available for the period

Scheme NameScheme Name Index Name Since Inception

Tata Equity Opportunities 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 31-May-2007 and TRI values since date 31-May-2007

Tata Balanced 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 31-May-2007 and TRI values since date 31-May-2007

Tata Large 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 06-May-1998 to date 31-May-2007 and TRI values since date 31-May-2007

Tata Regular Saving Equity Fund - Reg - Mthly 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 27-Apr-2000 to date 31-May-2007 and TRI values since date 31-May-2007

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 31-May-2007 and TRI values since date 31-May-2007

Tata Index Fund - Sensex Plan - Reg 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-2003 to date 31-May-2007 and TRI values since date 31-May-2007

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

Tata Equity P/E 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 29-Jun-2004 to date 31-May-2007 and TRI values since date 31-May-2007

Tata Offshore India Opportunities Scheme 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 26-Jul-2005 to date 31-May-2007 and TRI values since date 31-May-2007


• 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 portfolio still continues to breach the benchmark credit score, the rating is revised to reflect the change in credit quality.

Note : Media & Entertainment Sector includes stock of Navneet Education Ltd. which is approved by our Sharia advisors Dar-ul-Sharia. This Company is in the business of Publication of education related books & Stationery items.

SCHEME PERFORMANCE

49




(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




07-02-2005 0.40 11.077620-12-2005 1.00 14.288621-07-2006 1.00 11.919114-12-2007 1.00 23.887203-07-2009 1.50 16.260523-07-2010 2.00 22.429631-12-2010 1.50 22.822418-03-2011 1.00 18.805427-07-2011 1.00 19.954909-03-2012 1.00 18.614131-01-201327-02-201522-01-201603-02-2017

1.002.251.002.25

19.456729.127924.435729.3782

1.002.251.001.50

19.466629.570924.980630.2670

*as on 28 April, 2017

Bonus HistoryBonus Units in March’ 2000 01:02

50



www.tatamutualfund.com TATA MUTUAL FUND

Dividend Option



15-02-2012 3.00 53.687705-03-2013 5.50 56.8898 5.50 56.934221-03-201413-02-201508-03-201610-02-201709-02-2018

3.258.605.756.306.75

58.746187.081967.025079.102280.7616

3.258.605.756.306.75

59.276788.317268.481981.316184.3211

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

Tata Balanced Fund

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

Tata Balanced Fund

Monthly Dividend Option



13-09-2010 0.5173 53.163808-10-201012-11-201010-12-201014-01-201111-02-201111-03-201108-04-201113-05-201110-06-201108-07-201112-08-201109-09-201114-10-201111-11-201109-12-201113-01-201210-02-201209-03-201213-04-201211-05-201208-06-201213-07-201210-08-201214-09-201212-10-201209-11-201214-12-201214-01-201308-02-201305-03-201303-04-201303-05-201305-06-201303-07-201305-08-201304-09-201303-10-201305-11-201304-12-201306-01-2014

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 47.81670.3500 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 46.26440.3500 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 46.0823

13-08-2010 0.1000 51.3412

0.2500 47.1149 0.2500 47.5278

Tata India Tax Savings Fund



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 47.443923-12-201319-12-201406-02-201526-02-201617-03-201721-03-2018

2.002.752.859.009.0010.00

48.718168.675070.707361.835172.385873.9612

2.00

2.009.007.50

48.9612

69.009692.820099.0550

Bonus HistoryBonus Units in March’ 2000 01:01

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 44.87721-03-201405-12-201430-12-201529-12-2017

3.005.504.756.35

52.613668.559166.838280.2547 104.15493.00

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




Tata Mid Cap Growth Fund (Earlier Tata Growth Fund)Date 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 18.405528-11-201321-11-201430-12-201521-12-2017

1.002.752.503.80

19.35834.788136.385449.1872

1.00

0.253.80

19.4794

40.450559.1371

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

04-01-201603-02-201601-03-201604-04-201603-05-201602-06-201604-07-201604-08-201601-09-201607-10-201603-11-201609-12-201606-01-201707-02-201710-03-201717-04-201705-05-201702-06-201707-07-201704-08-201708-09-201706-10-201703-11-201730-11-201710-01-201805-02-201805-03-201803-04-2018

0.41000.39000.39000.41000.42000.42000.40000.42000.44000.49000.49000.46000.45000.47000.47000.46000.46000.46000.46000.47000.46000.45000.46000.46000.70000.72000.67000.6400

65.562461.775759.389362.749562.858564.461465.910667.854468.940169.314367.365264.829164.102766.898565.941468.347168.718468.828668.795969.885668.745468.210769.924268.502370.542768.449666.099565.6746

0.41000.39000.39000.41000.42000.42000.40000.42000.44000.49000.49000.46000.45000.47000.47000.46000.46000.46000.46000.47000.46000.45000.46000.46000.70000.72000.67000.6400

66.867363.027560.605564.058164.192165.850967.355769.368370.526270.990069.059266.537565.853868.797867.883670.441870.873171.054471.117472.344471.287170.829172.710771.328673.597671.527169.192368.8730




Tata Equity Opportunities 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 22.49123-03-2012 1.00 19.954507-03-201430-01-2015

1.202.75

24.058834.9030

1.202.75

1.401.40

24.206235.4231

44.390742.3425

12-02-201620-01-201715-12-201713-03-2018

2.352.501.401.40

27.740031.497435.394733.3738

Tata Regular Savings Equity Fund (Data provided since 2008)




(Earlier known as Tata Monthly Income Fund)

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 12.058115-03-2011 0.0337 11.99615-04-2011 0.0598 12.102616-05-2011 0.0449 11.9725

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







15-05-2014 0.0513 12.839112-06-201415-07-201412-08-201415-09-201416-10-201413-11-201414-01-201512-02-201512-03-201515-04-201514-05-201512-06-201515-07-201507-10-201603-11-201609-12-201606-01-201707-02-201710-03-201717-04-201705-05-201702-06-201707-07-201704-08-201708-09-201706-10-201703-11-201730-11-201710-01-201805-02-201805-03-201803-04-2018

0.04780.05630.04780.05810.05090.04460.04780.04620.04460.05410.04590.04590.05220.10000.10000.10000.10000.10000.10000.07500.07500.07500.08500.08500.08500.08500.08500.08500.08500.09000.09000.0820

13.141313.082713.060213.254813.292713.522613.842214.027114.042114.041313.844113.673013.825314.728014.611214.490814.430014.562114.471614.625914.647714.601814.600614.581414.553614.484714.435814.378014.409214.227314.118214.0956

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

0.09000.0820

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

15.168915.1679

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

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

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


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.

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