Tata India Tax Savings Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
15.94%
3Y annualised
+0.79% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 31 Jan 2023₹32.17
Min. SIP amount₹500
Rating3
Fund size₹3,192.07Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.4%15.9%11.0%16.4%
Category average0.6%14.4%8.9%NA
Rank with in category81612NA
Understand terms

Holdings (54)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity6.7%
ICICI Bank Ltd.FinancialEquity6.5%
Infosys Ltd.TechnologyEquity5.5%
Reliance Industries Ltd.EnergyEquity5.4%
State Bank of IndiaFinancialEquity4.8%
Housing Development Finance Corporation Ltd.FinancialEquity4.8%
Axis Bank Ltd.FinancialEquity4.3%
Bharti Airtel Ltd.CommunicationEquity2.9%
Larsen & Toubro Ltd.ConstructionEquity2.5%
The Federal Bank Ltd.FinancialEquity2.2%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 0.75%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y

Expense ratio, exit load and tax

Expense ratio: 0.75%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Sailesh 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

Tejas Gutka
Mar 2021 - Present
View details

Fund house & investment objective

Fund house contact details

Address
9th Floor, Mafatlal Centre,Nariman Point, Mumbai 400021
Phone
1800-209-0101
Launch Date
30 Jun 1995
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,

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