| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.19% |
| NAV | ₹36.53 (05 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹96 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| RBL Bank Ltd. | Financial | Fixed Deposits | 8.3% |
| Reliance Industries Ltd. | Energy | Equity | 6.9% |
| ICICI Bank Ltd. | Financial | Equity | 5.8% |
| Jamnagar Utilities and Power Pvt. Ltd. | Engineering | Debenture | 5.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.6% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 4.4% |
| HDFC Bank Ltd. | Financial | Equity | 3.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.7% |
| Bharti Airtel Ltd. | Communication | Equity | 3.4% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 3.1% |
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 ₹96 Cr and the Latest NAV as of 05 Aug 2020 is ₹36.53.
The Tata Equity Savings Fund Direct Growth is rated Moderately High 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.
One of the ideal investment avenue for pre-dominantly fixed income investors interested in allocating a small percentage of their investments in to equities while focusing on earning accrual income on major proportion of their investments.
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.