Fund Details
Tata India Tax Savings Fund Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.04% |
| NAV | ₹65.21 (25 Jan 2021) |
|---|---|
| Fund Started | 31 Mar 1996 |
| 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
4. 10Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
2. Higher expense ratio
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Higher expense ratio - 2.08%
8. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.6% |
| ICICI Bank Ltd. | Financial | Equity | 8.8% |
| HDFC Bank Ltd. | Financial | Equity | 8.7% |
| Reliance Industries Ltd. | Energy | Equity | 8.6% |
| State Bank of India | Financial | Equity | 5.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.8% |
| Bharti Airtel Ltd. | Communication | Equity | 4.7% |
| Axis Bank Ltd. | Financial | Equity | 4.0% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.9% |
Fund Managers
Tata India Tax Savings Fund Dividend Details
Tata India Tax Savings Fund Dividend is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 31 Mar 1996. Rupesh Patel is the Current Fund Manager of Tata India Tax Savings Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,481 Cr and the Latest NAV as of 25 Jan 2021 is ₹65.21.
The Tata India Tax Savings Fund 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%.
