Tata Ethical Direct Plan Growth is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rupesh Patel is the Current Fund Manager of Tata Ethical Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹579 Cr and the Latest NAV as of 25 Feb 2020 is ₹178.22.
The Tata Ethical Direct Plan Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 365 days.
The investment objective of the Scheme is to provide medium to long- term capital gains by investing in Sharia compliant equity and equity related instruments of well-researched value and growth - oriented companies.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 365 days