Established in 1994, Tata Asset Management Limited (TAM) has a track record of about 30 years in investment management. TAM manages investments of Tata Mutual Fund, a mutual fund registered with SEBI.
The company manages funds across the entire risk-return continuum. These include equity funds, hybrid funds and fixed income funds. The diversity of the fund offerings enables investors to invest as per their life stage, financial goals and risk profile. These funds have catered successfully to the long-term investment needs of its investors. The company also offers portfolio management services to high-net-worth individuals and advisory services to offshore investors/funds investing into India. As of July 31, 2024, the company had a unique folio base of approx. over 61,70,000 and an asset base of approx. Rs 1,76,521.34 crore.
The company’s vision is to secure the financial future of its investors and thereby deliver to them a better quality of life. TAM judiciously combines in good measure the three most important platforms on which the business precepts are based - Performance, Service, Trust.
The continuous endeavor for performance and service to create further trust is never-ending.
Business Highlights
Industry Recognition in FY 23
- Choice of 1 in every 11 mutual fund investors in India
- We have 25% CAGR over the last 5 years against 18% for the industry (from April 2019 to March 2024)
- We are the fastest growing fund house in FY24 - Led the industry growth in FY24 with a 50% growth in quarterly average AUM surpassing the industry average of 34%.
- Tata AMC becomes the fastest growing AMC in India” industry recognition by Business India magazine (November 2023 issue)
- Recipient of industry award by Navabharat BFSI Awards 2023 - “Tata Mutual Fund the fastest growing fund house in India”
- Tata Asset Management has a distribution network covering over 100 locations, ensuring board access to its investment services and solutions.
- TAM is a pioneer in the investor education space. It started the industry-leading "Prof. Simply Simple" financial literacy initiative in 2006) to help people understand financial concepts.
- Launched nation’s first thematic index fund – Tata Nifty India Tourism Index Fund
- Sponsored by Tata Asset Management, Tata Pension Management commenced operations in Aug 2022. Managing AUM of over Rs. 2500 Cr from 50,000+ subscribers as on 31st July 2024
- Tata Asset Management has partnered with Impact India Foundation for 'Project Janani' to combat malnutrition in the Mokhada-Palghar district. This multi-year initiative aims to support and educate pregnant tribal women, improving health outcomes for mothers and children through nutritional supplementation and awareness programs. The project estimates upto cater to 1500 pregnant women from these 4 PHC areas along with their children aged up to 2 years for 1000 days. Additionally, approximately 5725 children from Anganwadis will be intervened by IIF, focusing on their cognitive development.
