Tata India Pharma & HealthCare Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was introduced to investors on 28 Dec 2015. Rupesh Patel, Sonam Udasi is the Current Fund Manager of Tata India Pharma & HealthCare Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹169 Cr and the Latest NAV as of 22 Oct 2019 is ₹9.52.
The Tata India Pharma & HealthCare Fund Direct Dividend is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 3 months.
Investment Objective
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the pharma & healthcare sectors in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.
Tax Implications
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.25% if redeemed within 3 months
Exit Load