Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60:40 Index Fund
- NAV as on 25 Sep 2026
- ₹13.23-0.01%1 day
- Return since launch
- 6.4%
- 52-week range
- ₹12.57 — ₹13.24
- AUM
- ₹646 Cr
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60:40 Index Fund is a Target Maturity debt fund from Tata Mutual Fund with ₹646 Cr under management, launched in 2022. Over three years it has returned 6.6% a year, against 7.1% for its category. The expense ratio is 0.45% and the SEBI riskometer reading is Low to Moderate.
Performance
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60:40 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.3% against +5.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.2% | +0.2 pts | 5.0% | 5.3% |
| 2Y | 5.9% | +0.4 pts | 5.5% | 6.1% |
| 3Y | 6.6% | −0.5 pts | 7.1% | 6.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.1% | +0.2 pts | -0.1% | 0.2% |
| 3M | 1.1% | +0.4 pts | 0.7% | 1.0% |
| 6M | 2.7% | −0.1 pts | 2.8% | 2.9% |
| 1Y | 5.3% | +0.2 pts | 5.0% | 5.4% |
| 2Y | 6.6% | +0.3 pts | 6.3% | 6.7% |
| 3Y | 7.2% | +0.1 pts | 7.1% | 7.3% |
Since launch (24 Mar 2022): 6.4%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.0% | 0.0 pts | 8.0% |
| 2024 | 7.9% | −0.7 pts | 8.7% |
| 2023 | 6.8% | −0.6 pts | 7.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.45%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.40%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.05%
- Exit load
- Exit load of 0.25% if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.15 | 1.85 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.11 | 3.31 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.14 | 0.72 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60:40 Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt97.1%
- Other2.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| REC Ltd. | Financial | 12.89% | ₹83.25 Cr | +12.91% | +13.28% | +11.88% |
| Indian Railway Finance Corporation Ltd. | Financial | 8.84% | ₹57.06 Cr | +8.86% | +7.70% | +6.89% |
| Power Grid Corporation Of India Ltd. | Energy | 6.05% | ₹39.10 Cr | +6.07% | +5.26% | +4.70% |
| Uttar Pradesh State | Others | 5.99% | ₹38.68 Cr | +5.22% | +4.55% | +4.05% |
| West Bengal State | Others | 4.72% | ₹30.46 Cr | +3.94% | +3.43% | +3.06% |
| Power Finance Corporation Ltd. | Financial | 3.63% | ₹23.44 Cr | +3.64% | +3.16% | +2.83% |
| Rajasthan State | Others | 3.17% | ₹20.46 Cr | +3.18% | +2.77% | +2.47% |
| Gujarat State | Construction | 3.15% | ₹20.36 Cr | +3.16% | +2.76% | +2.45% |
| Others | Others | 2.93% | ₹18.96 Cr | +6.54% | +4.28% | +5.54% |
| Karnataka State | Others | 1.58% | ₹10.18 Cr | +1.58% | +1.38% | +1.23% |
| Tamilnadu State | Others | 1.57% | ₹10.16 Cr | +1.58% | +1.37% | +1.22% |
| GOI | Sovereign | 0.78% | ₹5.06 Cr | +0.79% | +1.37% | +1.22% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 2.45% | 2.65% | +0.20% |
| Indian Railway Finance Corporation Ltd. | 8.88% | 8.84% | -0.04% |
| REC Ltd. | 12.93% | 12.89% | -0.04% |
| Power Grid Corporation Of India Ltd. | 6.07% | 6.05% | -0.02% |
| Uttar Pradesh State | 6.01% | 5.99% | -0.02% |
| West Bengal State | 4.73% | 4.72% | -0.01% |
| Gujarat State | 3.16% | 3.15% | -0.01% |
| Power Finance Corporation Ltd. | 3.64% | 3.63% | -0.01% |
| Rajasthan State | 3.18% | 3.17% | -0.01% |
| GOI | 0.79% | 0.78% | -0.01% |
| Tamilnadu State | 1.58% | 1.57% | -0.01% |
| Karnataka State | 1.58% | 1.58% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹663 Cr | 0.35% | 6.6% | 7.0% | — |
 Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund | ₹2,897 Cr | 0.32% | 6.2% | 7.0% | — |
 Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund | ₹129 Cr | 0.30% | 6.8% | — | — |
| Nippon India CRISIL IBX AAA Financial Services - Dec 2026 Index Fund | ₹126 Cr | 0.35% | 6.9% | — | — |
 Edelweiss CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund | ₹81.25 Cr | 0.32% | 6.4% | — | — |
 Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC Index-Sep 2026 Fund | ₹79.96 Cr | 0.44% | 6.6% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Fund managers
- Amit SomaniMr.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.
- Murthy NagarajanMr. Nagarajan is a M.Com, ICWA and PGPMS.Prior to joining Tata AMC he has worked with Quantum AMC as head fixed income, Mirae Asset Global Investment India Ltd..
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.73% absolute | ₹60,000 | ₹61,638 | 2.73% | |
| 1 year5.26% annualised | ₹1,20,000 | ₹1,23,475 | 2.90% | |
| 3 years7.15% annualised | ₹3,60,000 | ₹4,02,586 | 11.83% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.