| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.18% |
| NAV | ₹37.65 (29 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹92 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| RBL Bank Ltd. | Financial | Fixed Deposits | 8.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.2% |
| Jamnagar Utilities and Power Pvt. Ltd. | Engineering | Debenture | 6.1% |
| Bharti Airtel Ltd. | Communication | Equity | 6.1% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 5.9% |
| Reliance Industries Ltd. | Energy | Equity | 5.6% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 4.6% |
| HDFC Bank Ltd. | Financial | Equity | 4.1% |
| Infosys Ltd. | Technology | Equity | 3.6% |
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 ₹92 Cr and the Latest NAV as of 29 Oct 2020 is ₹37.65.
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.
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.
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.