Tata Mutual Fund
| Company type | Private Limited |
|---|---|
| Industry | Investment management |
| Founded | March 1994 |
| Headquarters | Mumbai, India |
Area served | India |
Key people | Prathit Bhobe (MD & CEO),[1] Mr. Rajiv Sabharwal (Chairman), Rahul Singh (CIO)[2] |
| Products | |
| AUM | ₹1,119,756.6 crore (US$130 billion) (September 2024) |
| Owner | Tata Group |
| Website | www |
| Footnotes / references [3][4][5] | |
Tata Mutual Fund is an Indian private asset management company introduced by the Tata Group and incorporated in 1994 with its corporate head office located in Mumbai, India.[6][7] It manages mutual funds, portfolio management services, and retirement solutions.[8]
History
The mutual fund industry in India originally began in 1963 with the Unit Trust of India (UTI) as a Government of India and the Reserve Bank of India initiative. Tata Mutual Fund was launched in March 1994, and became non-UTI mutual fund in India. The business is registered under registration number INP000001058. The registration number for Tata Asset Management Ltd. as a mutual fund is MF/023/95/9. It also runs Tata Asset management (Mauritius) Pvt. Ltd. a foreign institutional investor (FII) that is registered with SEBi under registration number INMUFD161207.[9]
In July 2023, DCB Bank received RBI approval to sell 7.5% stake to Tata Mutual Fund.[10]
In January 2024, TMF launched its Tata Gold Exchange Traded Fund.[11][12]
In July 2024, Tata Mutual Fund launched India's first tourism index fund "Tata Nifty India Tourism Index Fund".[13][14]
In November 2024, Tata Mutual Fund acquired stake in Motilal Oswal Financial Services, TMF bought 375,000 shares of Motilal Oswal.[15]
In December 2024, Tata Mutual Fund and SBI Mutual Fund together acquired 1.12% stake of Ratnamani Metals & Tubes worth ₹262 crore.[16]
In May 2025, the company acquired 2.81% stake in Sundaram-Clayton Ltd from promoter entity.[17]
In August 2025, NPST allotted shares worth Rs 300 crore to Tata Mutual Fund.[18]
In September 2025, TMF filed draft document with Sebi for a hybrid long-short fund under SIF category.[19] At the same time it launched Tata Nifty Next 50 Index Fund, an open-ended scheme that aims to track and replicate the performance of the Nifty Next 50 Index (TRI).[20] And received approval to launch Tata India Dynamic Equity Fund at Gujarat's GIFT City with a minimum investment ticket size of US$500.[21][22]
TMF started launched Titanium Specialised Investment Fund in November 2025.[23]
Fake Identity of TMF
Several fraudulent websites, mobile applications, and WhatsApp groups were created using the name of Tata Mutual Fund.[24]
In May 2024, Tata Mutual Fund released a public caution notice warning investors and partners about fraudulent websites, mobile apps, and WhatsApp groups.[25]
See also
References
- ^ "Tata Mutual Fund appoints Prathit Bhobe as MD and CEO". VCCircle. VCCircle.
- ^ "Equity returns are in a phase of normalisation: Tata MF's Rahul Singh". www.business-standard.com. Business Standard.
- ^ Gattaiah, Tadoori, Dr. (1 March 2018). "Integration of ESG Investment With the Traditional Portfolio- a Study of TATA Mutual Funds". SSRN.
{{cite journal}}: CS1 maint: multiple names: authors list (link) - ^ Pant, Dr. Kiran Kumar; Kumar, Pawan (December 2022). "A COMPARATIVE ANALYSIS PERFORMANCE OF TATA MUTUAL FUND OF SBI MUTUAL FUND" (PDF). JETIR. 9 (12).
- ^ "How Tata Mutual Fund Achieved 58% Growth in Engagement". www.haptik.ai. Haptik.
- ^ Kalyanaraman, Anand (22 August 2025). "Tata Mutual Fund is in the top 10 again. There's nothing to celebrate". The Ken. The Ken.
- ^ "Tata Ethical Fund: An inconsistent performer". The Economic Times. The Economic Times. 18 December 2017.
- ^ Bazaz, Shivani (6 April 2022). "Narrative for IT spends continues to remain strong, says Meeta Shetty of Tata Mutual Fund". The Economic Times. The Economic Times.
- ^ "Tata Asset Management Pvt Ltd - Latest Mutual Fund Schemes, NAV, Performance, Returns". Business Today.
- ^ "DCB Bank jumps most in five months after RBI allows Tata Mutual Fund to buy up to 7.5% stake - CNBC TV18". CNBCTV18. CNBC TV18. 6 July 2023.
- ^ "Tata Mutual Fund - Tata Gold Exchange Traded Fund". www.nseindia.com. National Stock Exchange of India.
- ^ Ray, Abeer (2 January 2024). "Tata Mutual Fund launches Tata Gold Exchange Traded Fund; all you need to know". mint. Mint (newspaper).
- ^ "Tata MF launches India's first tourism index fund: Should you invest?". www.business-standard.com. Business Standard.
- ^ "TATA Asset Management launches India's First ever tourism thematic fund - ICICIdirect". ICICI Direct. ICICI Securities.
- ^ "Tata Mutual Fund acquires stake in Motilal Oswal Financial Services". Moneycontrol.com.
- ^ "SBI MF, Tata MF buy Ratnamani Metals Tubes shares worth Rs 262 crore". The Economic Times. The Economic Times. 4 December 2024.
- ^ "Bulk deals: Tata Mutual Fund acquires 2.81% stake in Sundaram Clayton from promoter entity". Moneycontrol.
- ^ "NPST allots shares worth Rs 300 crore to Tata Mutual Fund". HDFCSky.com.
- ^ Khanna, Surbhi (24 September 2025). "Tata Mutual Fund files draft document with Sebi for hybrid long-short SIF". The Economic Times. The Economic Times.
- ^ Khanna, Surbhi (12 September 2025). "NFO Alert : Tata Mutual Fund launches Nifty Next 50 Index Fund". The Economic Times.
- ^ "Tata AMC launches Dynamic Equity Fund at GIFT City with min $500 investment". www.business-standard.com. Business Standard.
- ^ Khanna, Surbhi (16 September 2025). "Tata Asset Management receives approval to launch Tata India Dynamic Equity Fund at GIFT City". The Economic Times. The Economic Times.
- ^ "Tata MF launches Titanium Specialised Investment Fund; check key features". Business Standard.
- ^ Kumar, Shivendra (4 June 2025). "Scam alert! Sebi warns investors against fraudulent communications demanding fines, using fake logos". The Economic Times. The Economic Times.
- ^ Khanna, Surbhi (23 May 2024). "Tata Mutual Fund warns investors of fake social media accounts". The Economic Times.