About Tata Treasury Advantage Fund Direct - Dividend Payout
Tata Treasury Advantage Fund Direct - Dividend 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 managers Akhil Mittal
and Abhishek Sonthalia
. It has an AUM of ₹642.91 Crores and the latest NAV decalared is ₹1855.050 as on 03 Apr 2020 at 11:35 pm.
Tata Treasury Advantage Fund Direct - Dividend Payout scheme return performance in last 1 year is 1.72%, in last 3 years is 17.74% and 68.83% 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.