Fund Details
Tata Equity Savings Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.20% |
| NAV | ₹40.64 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹95 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | Equity | 6.7% |
| Jamnagar Utilities and Power Pvt. Ltd. | Engineering | Debenture | 6.0% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 5.9% |
| Reliance Industries Ltd. | Energy | Equity | 5.3% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 5.3% |
| HDFC Bank Ltd. | Financial | Equity | 4.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.6% |
| ICICI Bank Ltd. | Financial | Equity | 4.1% |
| Infosys Ltd. | Technology | Equity | 3.4% |
| GOI | Sovereign | GOI Sec | 3.4% |
Fund Managers
Tata Equity Savings Fund Direct Growth Details
Tata Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Murthy Nagarajan, Sonam Udasi is the Current Fund Manager of Tata Equity Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹95 Cr and the Latest NAV as of 25 Jan 2021 is ₹40.64.
The Tata Equity Savings Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units more than 12% of the investments, an exit load of 0.25% if redeemed within 90 days.
Investment Objective
The scheme aims to provide long term capital appreciation by investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments.
Tax Implications
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.
