How to Invest in Tata India Tax Savings Fund Direct IDCW?

You can easily invest in Tata India Tax Savings Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Tata India Tax Savings Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Tata India Tax Savings Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Tata India Tax Savings Fund Direct IDCW provide?

The Tata India Tax Savings Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 0.82% since its inception.

How much expense ratio is charged by Tata India Tax Savings Fund Direct IDCW?

The term Expense Ratio used for Tata India Tax Savings Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Tata India Tax Savings Fund Direct IDCW is 0.76% as of 25 Mar 2023...

What is the AUM of Tata India Tax Savings Fund Direct IDCW?

The AUM, short for Assets Under Management of Tata India Tax Savings Fund Direct IDCW is ₹3,078.13Cr as of 25 Mar 2023.

How to Redeem Tata India Tax Savings Fund Direct IDCW?

If you want to sell your Tata India Tax Savings Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Tata India Tax Savings Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Tata India Tax Savings Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Tata India Tax Savings Fund Direct IDCW?

The NAV of Tata India Tax Savings Fund Direct IDCW is ₹143.54 as of 24 Mar 2023.

What is the PE and PB ratio of Tata India Tax Savings Fund Direct IDCW?

The PE ratio ratio of Tata India Tax Savings Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Tata India Tax Savings Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

Tata India Tax Savings Fund Direct IDCW
Equity
ELSS
Very High Risk
Payout
3Y Lock In
31.28%
3Y annualised
-0.75% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 24 Mar 2023₹143.54
Min. SIP amountNot Supported
Rating3
Fund size₹3,078.13Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns0.8%31.3%12.2%15.6%
Category average-0.4%29.8%10.3%NA
Rank with in category161811NA
Understand terms
Holdings (54)NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity6.8%
ICICI Bank Ltd.FinancialEquity6.5%
Infosys Ltd.TechnologyEquity5.6%
Reliance Industries Ltd.EnergyEquity5.1%
Housing Development Finance Corporation Ltd.FinancialEquity4.9%
State Bank of IndiaFinancialEquity4.3%
Axis Bank Ltd.FinancialEquity4.0%
Bharti Airtel Ltd.CommunicationEquity2.8%
Larsen & Toubro Ltd.ConstructionEquity2.7%
Radico Khaitan Ltd.Consumer StaplesEquity2.5%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity ELSS
Pros
Cons
Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 0.76%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
0.76%
31 Jan 2023 - 28 Feb 2023
0.76%
31 Dec 2022 - 31 Jan 2023
0.75%
31 Dec 2022 - 31 Dec 2022
0.75%
30 Nov 2022 - 31 Dec 2022
0.75%
30 Nov 2022 - 30 Nov 2022
0.75%
30 Nov 2022 - 30 Nov 2022
0.75%
31 Oct 2022 - 30 Nov 2022
0.75%
31 Oct 2022 - 31 Oct 2022
0.75%
31 Oct 2022 - 31 Oct 2022
0.75%
31 Oct 2022 - 31 Oct 2022
0.75%
31 Oct 2022 - 31 Oct 2022
0.75%
30 Sep 2022 - 31 Oct 2022
0.76%
30 Sep 2022 - 30 Sep 2022
0.76%
30 Sep 2022 - 30 Sep 2022
0.76%
31 Aug 2022 - 30 Sep 2022
0.76%
31 Aug 2022 - 31 Aug 2022
0.76%
31 Jul 2022 - 31 Aug 2022
0.76%
31 Jul 2022 - 31 Jul 2022
0.76%
30 Jun 2022 - 31 Jul 2022
0.79%
30 Jun 2022 - 30 Jun 2022
0.79%
31 May 2022 - 30 Jun 2022
0.77%
31 May 2022 - 31 May 2022
0.77%
30 Apr 2022 - 31 May 2022
0.76%
30 Apr 2022 - 30 Apr 2022
0.76%
31 Mar 2022 - 30 Apr 2022
0.74%
31 Mar 2022 - 31 Mar 2022
0.74%
28 Feb 2022 - 31 Mar 2022
0.75%
28 Feb 2022 - 28 Feb 2022
0.75%
31 Jan 2022 - 28 Feb 2022
0.74%
31 Dec 2021 - 31 Jan 2022
0.74%
30 Nov 2021 - 31 Dec 2021
0.75%
31 Oct 2021 - 30 Nov 2021
0.74%
30 Sep 2021 - 31 Oct 2021
0.75%
31 Aug 2021 - 30 Sep 2021
0.75%
31 Jul 2021 - 31 Aug 2021
0.76%
30 Jun 2021 - 31 Jul 2021
0.77%
31 May 2021 - 30 Jun 2021
0.77%
30 Apr 2021 - 31 May 2021
0.78%
31 Mar 2021 - 30 Apr 2021
0.70%
28 Feb 2021 - 31 Mar 2021
0.69%
31 Jan 2021 - 28 Feb 2021
0.71%
31 Dec 2020 - 31 Jan 2021
0.70%
30 Nov 2020 - 31 Dec 2020
0.69%
31 Oct 2020 - 30 Nov 2020
0.72%
30 Sep 2020 - 31 Oct 2020
0.74%
31 Aug 2020 - 30 Sep 2020
0.73%
31 Jul 2020 - 31 Aug 2020
0.74%
30 Jun 2020 - 31 Jul 2020
0.76%
31 May 2020 - 30 Jun 2020
0.77%
30 Apr 2020 - 31 May 2020
0.77%
31 Mar 2020 - 30 Apr 2020
0.69%
29 Feb 2020 - 31 Mar 2020
0.63%
31 Jan 2020 - 29 Feb 2020
0.62%
31 Dec 2019 - 31 Jan 2020
0.62%
30 Nov 2019 - 31 Dec 2019
0.63%
31 Oct 2019 - 30 Nov 2019
0.64%
30 Sep 2019 - 31 Oct 2019
0.64%
31 Aug 2019 - 30 Sep 2019
0.66%
31 Jul 2019 - 31 Aug 2019
0.66%
30 Jun 2019 - 31 Jul 2019
0.65%
31 May 2019 - 30 Jun 2019
0.75%
30 Apr 2019 - 31 May 2019
0.76%
31 Mar 2019 - 30 Apr 2019
0.19%
28 Feb 2019 - 31 Mar 2019
0.46%
31 Jan 2019 - 28 Feb 2019
0.98%
31 Dec 2018 - 31 Jan 2019
0.99%
30 Nov 2018 - 31 Dec 2018
1.01%
31 Oct 2018 - 30 Nov 2018
1.14%
30 Sep 2018 - 31 Oct 2018
1.07%
31 Aug 2018 - 30 Sep 2018
1.18%
31 Jul 2018 - 31 Aug 2018
1.02%
30 Jun 2018 - 31 Jul 2018
1.21%
31 May 2018 - 30 Jun 2018
1.21%
30 Apr 2018 - 31 May 2018
1.22%
31 Mar 2018 - 30 Apr 2018
1.26%
31 Jan 2018 - 31 Mar 2018
1.48%
31 Dec 2017 - 31 Jan 2018
1.47%
30 Nov 2017 - 31 Dec 2017
1.47%
31 Oct 2017 - 30 Nov 2017
1.47%
Expense ratio, exit load and taxExpense ratio: 0.76%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementSailesh Jain
Dec 2021 - Present
View details
Education
Mr. Jain is a Commerce Graduate and an MBA.
Experience
Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.
Also manages these schemes
Tata India Tax Savings Fund IDCW
Tata Equity Savings Fund Regular IDCW Monthly
Tata Equity Savings Fund Regular Growth
Tata Equity Savings Fund Regular IDCW
Tata India Tax Savings Fund Direct IDCW
Tata Equity Savings Fund Direct IDCW Monthly
Tata Equity Savings Fund Direct IDCW
Tata Equity Savings Fund Direct Growth
Tata India Tax Savings Fund Direct Growth
Tata India Tax Savings Fund Growth
Tata Digital India Fund Direct IDCW
Tata Digital India Fund Regular IDCW
Tata Digital India Fund Regular Growth
Tata Digital India Fund Direct Growth
Tata India Pharma & HealthCare Fund Direct IDCW
Tata India Pharma & HealthCare Fund Regular IDCW
Tata India Pharma & HealthCare Fund Direct Growth
Tata India Pharma & HealthCare Fund Regular Growth
Tata Resources & Energy Fund Direct Growth
Tata Resources & Energy Fund Regular IDCW
Tata Resources & Energy Fund Regular Growth
Tata Resources & Energy Fund Direct IDCW
Tata Arbitrage Fund Regular Growth
Tata Arbitrage Fund Direct Growth
Tata Arbitrage Fund Direct IDCW Monthly
Tata Nifty 50 Exchange Traded Fund Growth
Tata Balanced Advantage Fund Regular IDCW
Tata Balanced Advantage Fund Direct IDCW
Tata Balanced Advantage Fund Regular Growth
Tata Balanced Advantage Fund Direct Growth
Tata Nifty Private Bank ETF
Tata Quant Fund Direct Growth
Tata Quant Fund Regular Growth
Tata Quant Fund Regular IDCW
Tata Quant Fund Direct IDCW
Tata Multi Asset Opportunities Fund Direct IDCW
Tata Multi Asset Opportunities Fund Regular Growth
Tata Multi Asset Opportunities Fund Direct Growth
Tata Multi Asset Opportunities Fund Regular IDCW
Tata Dividend Yield Fund Direct Growth
Tata Dividend Yield Fund Regular Growth
Tata Dividend Yield Fund Regular IDCW
Tata Dividend Yield Fund Direct IDCW
Tata Business Cycle Fund Direct IDCW
Tata Business Cycle Fund Regular Growth
Tata Business Cycle Fund Regular IDCW
Tata Business Cycle Fund Direct Growth
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct IDCW
Tata Nifty Midcap 150 Momentum 50 Index Fund Regular Growth
Tata Nifty Midcap 150 Momentum 50 Index Fund Regular IDCW
Tejas Gutka
Mar 2021 - Present
View details
Education
Mr. Gutka is a BSc, MMS (Finance)
Experience
Prior to joining Tata Mutual Fund, he has worked with Tamohara Investment Managers, Barclays Securities India Pvt Ltd.
Also manages these schemes
Tata India Tax Savings Fund IDCW
Tata India Tax Savings Fund Direct IDCW
Tata India Tax Savings Fund Direct Growth
Tata India Tax Savings Fund Growth
Tata Housing Opportunities Fund Direct Growth
Tata Housing Opportunities Fund Direct IDCW
Tata Housing Opportunities Fund Regular IDCW
Tata Housing Opportunities Fund Regular Growth
Fund house & investment objective
Tata Mutual Fund
Rank (total assets)#14 in India
Total AUM₹86,582.73Cr
Date of Incorporation30 Jun 1995
 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 30 Jun 1995. 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 ₹86,583 Cr and the Latest NAV as of 24 Mar 2023 is ₹143.54.
The Tata India Tax Savings Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
9th Floor, Mafatlal Centre,Nariman Point, Mumbai 400021
Phone
1800-209-0101
Launch Date
30 Jun 1995
E-mail
[email protected]
Website
NA
Tata Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Tata India Tax Savings Fund Direct IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	0.8%	31.3%	12.2%	15.6%
Category average	-0.4%	29.8%	10.3%	NA
Rank with in category	16	18	11	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	6.8%
ICICI Bank Ltd.	Financial	Equity	6.5%
Infosys Ltd.	Technology	Equity	5.6%
Reliance Industries Ltd.	Energy	Equity	5.1%
Housing Development Finance Corporation Ltd.	Financial	Equity	4.9%
State Bank of India	Financial	Equity	4.3%
Axis Bank Ltd.	Financial	Equity	4.0%
Bharti Airtel Ltd.	Communication	Equity	2.8%
Larsen & Toubro Ltd.	Construction	Equity	2.7%
Radico Khaitan Ltd.	Consumer Staples	Equity	2.5%

Rank (total assets)	#14 in India
Total AUM	₹86,582.73Cr

Date of Incorporation	30 Jun 1995

Fund benchmark	NIFTY 500 Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	3
Fund size	₹3,078.13Cr

Tata India Tax Savings Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (54)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.76%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Sailesh JainDec 2021 - PresentView details

Tejas GutkaMar 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Sailesh Jain
Dec 2021 - Present
View details

Tejas Gutka
Mar 2021 - Present
View details