Tata India Tax Savings Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Rupesh Patel, Ennettee Fernandes is the Current Fund Manager of Tata India Tax Savings Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹1,919 Cr and the Latest NAV as of 22 Oct 2019 is ₹100.51.
The Tata India Tax Savings Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 100. Nil.
Investment Objective
Seeks to provide long term capital gains along with tax benefits to unitholders.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
₹100
Min for First Investment
₹1
Min for Second Investment