Fund Details
Tata India Tax Savings Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.98% |
| NAV | ₹25.28 (23 Jul 2021) |
|---|---|
| Fund Started | 14 Oct 2014 |
| Fund Size | ₹2,708 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 10Y Returns are higher than the category average returns
3. Exit load is zero
1. Higher expense ratio - 1.98%
2. 5Y Returns are lower than the category average returns
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.6% |
| Infosys Ltd. | Technology | Equity | 9.1% |
| HDFC Bank Ltd. | Financial | Equity | 7.2% |
| State Bank of India | Financial | Equity | 6.8% |
| Reliance Industries Ltd. | Energy | Equity | 5.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.3% |
| Axis Bank Ltd. | Financial | Equity | 4.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.4% |
| Voltas Ltd. | Consumer Durable | Equity | 2.2% |
| Polycab India Ltd. | Engineering | Equity | 2.2% |
Fund Managers
Tata India Tax Savings Fund Growth Details
Tata India Tax Savings Fund Growth is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 14 Oct 2014. Rupesh Patel is the Current Fund Manager of Tata India Tax Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,708 Cr and the Latest NAV as of 23 Jul 2021 is ₹25.28.
The Tata India Tax Savings Fund Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 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%.
