The TATA Mutual Fund comprises different types of investment vehicles which are specifically designed to suit different investors preferences which revolve around risk and other factors. For those wanting their investments to be parked in equity or someone looking for a hybrid portfolio, there’s a choice for everyone, as TATA mutual fund offers many options which suit individual tastes. The most popular types of mutual funds offered by this fund house are:
- Equity
- Debt
- Hybrid
One of the major reasons why investors prefer parking their money in schemes floated by TATA mutual fund is because of its flexibility as investors can choose different asset class options, amounts that need to be invested along with the period of investment. This is backed by its stability, which are rarely affected by market movements. And lastly, the consistency it provided by following its value based investment strategy that ensures consistent returns most of the time.
Presently, this AMC offers more than 150 schemes spread across debt, equity, and hybrid categories. We have shortlisted the top 7 TATA mutual fund schemes to invest in 2022 which have potential to give good returns.
1. Tata Digital India Fund
Fund Performance: The Tata Digital India Fund has given 27.94% annualized returns in the past three years and 28.91% in the last 5 years. The Tata Digital India Fund belongs to the Equity category of Tata Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Tata Digital India Fund via lump sum is ₹5,000 and via SIP is ₹150.
2.Tata India Consumer Fund
The Tata India Consumer Fund has given 22.07% annualized returns in the past three years and 13.78% in the last 5 years. The Tata India Consumer Fund belongs to the Equity category of Tata Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Tata India Consumer Fund via lump sum is ₹5,000 and via SIP is ₹150.
3. Tata Equity PE Fund
The Tata Equity PE Fund has given 19.23% annualized returns in the past three years and 10.51% in the last 5 years. The Tata Equity PE Fund belongs to the Equity category of Tata Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Tata Equity PE Fund via lump sum is ₹5,000 and via SIP is ₹150.
4. Tata Ethical Fund
The Tata Ethical Fund has given 24.28% annualized returns in the past three years and 14.8% in the last 5 years. The Tata Ethical Fund belongs to the Equity category of Tata Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Tata Ethical Fund via lump sum is ₹5,000 and via SIP is ₹150.
5. Tata Income Fund
The Tata Income Fund has given 6.09% annualized returns in the past three years and 6.03% in the last 5 years. The Tata Income Fund belongs to the Debt category of Tata Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Tata Income Fund via lump sum is ₹5,000 and via SIP is ₹500.
6.Tata Banking and Financial Services Fund
The Tata Banking and Financial Services Fund has given 14.61% annualized returns in the past three years and 10.2% in the last 5 years. The Tata Banking and Financial Services Fund belongs to the Equity category of Tata Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Tata Banking and Financial Services Fund via lump sum is ₹5,000 and via SIP is ₹150.
7. Tata India Tax Savings Fund
The Tata India Tax Savings Fund has given 20.48% annualized returns in the past three years and 13.01% in the last 5 years. The Tata India Tax Savings Fund belongs to the Equity category of Tata Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Tata India Tax Savings Fund via lump sum is ₹500 and via SIP is ₹500.