About Tata Treasury Advantage Fund Direct-Dividend Daily
Tata Treasury Advantage Fund Direct-Dividend Daily 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 ₹695.40 Crores and the latest NAV decalared is ₹987.126 as on 19 Nov 2019 at 8:40 pm.
Tata Treasury Advantage Fund Direct-Dividend Daily scheme return performance in last 1 year is 2.99%, in last 3 years is 18.11% and 65.96% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
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.