Tata Mutual Fund schemes win four ICRA awards

Tata Mutual Fund has won four awards for the outstanding performance of its schemes in their respective categories at the sixth Annual ICRA Mutual Funds Awards Function held on February 5, 2009.

Tata Balanced Fund has been ranked as a '5-Star Fund' in the category 'Open Ended Balanced' for Three Year Performance ending December 2008.

Tata Short Term Bond Fund has been ranked as a '5-Star Fund' in the category 'Open Ended Debt – Short Term' for One Year Performance ending December 2008 and Three Year Performance ending December 2008.

Tata Floater Fund has been ranked as a '5-Star Fund' in the category 'Open Ended Liquid Plus' for One Year Performance ending December 2008.

Speaking on this occasion, Ved Prakash Chaturvedi, managing director, Tata Asset Management, said, "We are delighted on receiving these prestigious awards. It is a reflection of our efforts in the last five years in providing our investors with best-in-class research and fund management services."

Source : Equity Bulls

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