Fund Details
Tata India Tax Savings Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.70% |
| NAV | ₹125.41 (19 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,481 Cr |
Returns
Comparison
1. Exit load is zero
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.9% |
| Infosys Ltd. | Technology | Equity | 9.3% |
| HDFC Bank Ltd. | Financial | Equity | 9.2% |
| ICICI Bank Ltd. | Financial | Equity | 8.3% |
| State Bank of India | Financial | Equity | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.5% |
| Bharti Airtel Ltd. | Communication | Equity | 4.2% |
| Axis Bank Ltd. | Financial | Equity | 4.1% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.1% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.1% |
Fund Managers
Tata India Tax Savings Fund Direct Dividend Details
Tata India Tax Savings Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rupesh Patel, Ennettee Fernandes is the Current Fund Manager of Tata India Tax Savings Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,481 Cr and the Latest NAV as of 19 Jan 2021 is ₹125.41.
The Tata India Tax Savings Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme seeks long-term capital growth. Investments in equity would be at least 80 per cent of the corpus, while allocation to debt and money market instruments can go up to 20 per cent.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
