Investment Objective and Approach

The scheme seeks to generate returns with reasonable liquidity to the unit holders by investing in money market instruments. A money market scheme (liquid fund category) that invests 100% of its net assets in Money market securities

The fund follows a strategic approach to manage interest rate risks while maintaining high liquidity. Within the money market category, which has outperformed other short-duration segments recently, Tata Money Market Fund stands out due to timely shifting of duration between 3-12 months. It helps manage interest rate risk effectively while maintaining high liquidity.

The investment strategy focuses on:

- Quality First Approach: Investing in high-quality money market instruments to minimize credit risk

- Duration Management: positioning the fund at the higher end of the maturity spectrum (8-10 months) to optimise carry and potential mark-to-market gains, while continuing to emphasize high-quality and liquid instruments to manage risk

- Liquidity Management: Maintaining optimal liquidity levels to meet redemption requirements without compromising returns

Fund Managers

Amit Somani is the current fund manager of Tata Money Market Fund. Amit Somani (Managing Since 16-Oct-13 and overall experience of 22 years) Amit Somani, Deputy Head—Fixed Income at Tata Asset Management and fund manager of the Tata Money Market Fund

Professional Background:

- Amit Somani holds over 18 years of experience in global and Indian financial markets specializing in Credit Analysis and Fund Management. Presently, he is working as the Fund Manager (Fixed Income).

- He has hands-on expertise in managing Money Market Funds and Close-ended Products.

- Mr.Somani is a B.Com, PGDBM and CFA. Prior to joining Tata Asset Management Ltd in 2010 he has worked with Fidelity Investments Netscribes Pvt. ltd, SPA Capital and Khandwala Securities.

Investment Philosophy:

Investors should see money market funds as a low-volatility solution for short-term allocations, typically having investment horizon above 1-2 months or for monies lying idle in savings bank accounts.

About the Fund House (AMC)

Tata Asset Management Private Limited manages the Tata Money Market Fund. Established in 1994, Tata Asset Management Private Limited has a track record of more than 25 years in investment management. Tata Asset Management Private Limited manages investments of Tata Mutual Fund.

Key Highlights:

- Established in March 1994, Tata Asset Management Private Limited boasts over 29 years of experience in investment management and provides a comprehensive suite of services to investors, including financial planning and fund management. In June 1995, Tata Mutual Fund secured registration with the Securities and Exchange Board of India (SEBI).

- As of 31 March 2024, Tata Asset Management Ltd has an asset under management (AuM) of Rs. 147169.65 Crores.

- Part of the prestigious Tata Group, ensuring strong governance and investor confidence

- A comprehensive product suite featuring over 60 expertly designed investment options

Fund House Performance:

The fund house has consistently maintained strong performance across various market cycles, backed by experienced investment professionals and robust risk management frameworks.

Should I Invest in Tata Money Market Fund?

Ideal for:

- Short-term Parking: Investors should see money market funds as a low-volatility solution for short-term allocations, typically having investment horizon above 1-2 months or for monies lying idle in savings bank accounts.

- Conservative Investors: Those seeking stable returns with minimal volatility

- Emergency Fund Creation: Building liquid emergency corpus with better returns than savings accounts

- Corporate Treasury: Institutional investors looking for short-term liquidity management

Key Investment Metrics (as of August 2025):

- AUM: ₹41317.53 Cr as on 24 Aug 2025

- 1-Year Return: 8.28% as on 31 Jul 2025

- Expense Ratio: 0.15 % as on 31 Jul 2025

- Fund Age: 22 years 3 months since 22 May 2003

Investment Considerations:

- Low Risk: The Tata Money Market Fund Direct Growth is rated Low to Moderate risk.

- Consistent Performance: Tata Money Market Fund has seen robust AUM growth due to a combination of consistent performance, investor preference for low-volatility products, and the fund's ability to achieve risk-adjusted returns.

- Professional Management: Managed by experienced fund manager with over 22 years of experience

The fund is suitable for investors seeking stable, short-term returns with high liquidity and minimal risk exposure.

FAQs

What is today's NAV of Tata Money Market Fund?

The NAV changes daily based on market conditions. You can check the latest NAV on Allvest platform or the official Tata Mutual Fund website for real-time updates.

What is the AUM of Tata Money Market Fund?

The current AUM is ₹41,317.53 Cr as of 24 Aug 2025. The fund has shown consistent growth in assets under management.

What is the expense ratio of Tata Money Market Fund?

The expense ratio is 0.15% as of 31 Jul 2025, which is among the lowest in the money market fund category, helping maximize investor returns.

What are the returns of Tata Money Market Fund since inception?

The TATA Money Market Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 6.79 since inception. This demonstrates consistent long-term performance.

What is the minimum SIP amount to invest in Tata Money Market Fund?

The min. SIP amount to invest in this scheme is ₹500. This makes it accessible for small investors to start their investment journey.

How do I invest in Tata Money Market Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing investment amount, and completing the payment process. Both lump sum and SIP options are available.

How to start a SIP in Tata Money Market Fund?

On Allvest, select Tata Money Market Fund, choose 'Start SIP', enter your monthly investment amount, select SIP date, and authorize the auto-debit from your bank account.

How do I automate an SIP in Tata Money Market Fund?

To automate an SIP in Tata Money Market Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Tata Money Market Fund automatically, ensuring consistent contributions without manual intervention. Similar auto-SIP features are available on Allvest.

How can I withdraw/redeem my investment in Tata Money Market Fund?

You can redeem your investment through Allvest by logging into your account, selecting the fund, choosing partial or full redemption, and the amount will be credited to your registered bank account typically within 1-2 working days.