Fund Details
Tata India Tax Savings Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.69% |
| NAV | ₹123.25 (16 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,637 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.2% |
| ICICI Bank Ltd. | Financial | Equity | 9.1% |
| HDFC Bank Ltd. | Financial | Equity | 8.5% |
| State Bank of India | Financial | Equity | 7.4% |
| Reliance Industries Ltd. | Energy | Equity | 6.6% |
| Axis Bank Ltd. | Financial | Equity | 4.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.5% |
| Bharti Airtel Ltd. | Communication | Equity | 3.4% |
| Ultratech Cement Ltd. | Construction | Equity | 3.2% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.8% |
Fund Managers
Tata India Tax Savings Fund Direct IDCW Details
Tata India Tax Savings Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹2,637 Cr and the Latest NAV as of 16 Apr 2021 is ₹123.25.
The Tata India Tax Savings Fund Direct IDCW is rated Very 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%.
