| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.19% |
| NAV | ₹15.15 (13 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹97 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| RBL Bank Ltd. | Financial | Fixed Deposits | 8.2% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 6.3% |
| Jamnagar Utilities and Power Pvt. Ltd. | Engineering | Debenture | 5.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.7% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 4.5% |
| ICICI Bank Ltd. | Financial | Equity | 4.5% |
| Reliance Industries Ltd. | Energy | Equity | 3.9% |
| HDFC Bank Ltd. | Financial | Equity | 3.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.6% |
Tata Equity Savings Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Murthy Nagarajan, Danesh Mistry is the Current Fund Manager of Tata Equity Savings Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹97 Cr and the Latest NAV as of 13 Aug 2020 is ₹15.15.
The Tata Equity Savings Fund Direct Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is set to 500. For units more than 12% of the investments, an exit load of 0.25% if redeemed within 90 days.
The investment objective of the scheme is to provide long term capital appreciation and income distribution to the investors by predominantly investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
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.