About Tata Treasury Advantage Fund Direct-IDCW Daily Reinvestment
Tata Treasury Advantage Fund Direct-IDCW Daily Reinvestment is a Debt mutual fund scheme from Tata Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Akhil Mittal and Abhishek Sonthalia. It has an AUM of ₹2,446.27 Crores and the latest NAV decalared is ₹1003.532 as on 02 Mar 2024 at 12:21 pm.
Tata Treasury Advantage Fund Direct-IDCW Daily Reinvestment scheme return performance in last 1 year is 7.51%, in last 3 years is 17.45% and 111.98% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
Debt: Low Duration
About Fund Category
Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.