The group's foray into Financial Services commenced in 1919 under the chairmanship of Sir Dorab Tata, with the set up of New India Assurance.
The company was nationalised in 1956, but the Tatas' footprint is broad today, serving the Indian citizen and business with affordable and accessible services across the finance spectrum.
The flagship company in the financial services sector is Tata Capital with a range of services that cater to individual and small business requirements. In the insurance sector, our joint ventures with AIA and AIG serve both Life and Non-Life sectors, and are among the largest players in India. Tata Asset Management Company offers Mutual Funds, Portfolio Management Services, Alternate Investment Funds, Offshore Funds and Pension funds (under National Pension System) through its subsidiary Tata Pension Management Limited (TPML).