About Tata Treasury Advantage Fund Direct - Dividend Reinvestment
Tata Treasury Advantage Fund Direct - Dividend Reinvestment 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 ₹666.53 Crores and the latest NAV decalared is ₹1914.019 as on 13 Jul 2020 at 2:29 pm.
Tata Treasury Advantage Fund Direct - Dividend Reinvestment scheme return performance in last 1 year is 8.82%, in last 3 years is 19.15% and 74.20% 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.