About Tata Dynamic Bond Direct-Dividend Monthly Payout
Tata Dynamic Bond Direct-Dividend Monthly Payout is a Debt
mutual fund scheme from Tata Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Akhil Mittal
. It has an AUM of ₹354.28 Crores and the latest NAV decalared is ₹18.476 as on 22 Oct 2019 at 9:30 pm.
Tata Dynamic Bond Direct-Dividend Monthly Payout scheme return performance in last 1 year is 9.34%, in last 3 years is 21.00% and 84.17% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
The scheme aims to provide reasonable returns and high level of liquidity by investing in debt instruments including bonds, debentures, Government securities and money market instruments so as to spread the risk across different kinds of issuers in the debt markets.