Fund Details
Tata Equity Savings Fund Direct IDCW Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.20% |
| NAV | ₹16.63 (11 May 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹100 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 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. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 7.4% |
| Infosys Ltd. | Technology | Equity | 5.7% |
| Jamnagar Utilities and Power Pvt. Ltd. | Engineering | Debenture | 5.6% |
| HDFC Bank Ltd. | Financial | Equity | 4.9% |
| ITC Ltd. | FMCG | Equity | 4.6% |
| ICICI Bank Ltd. | Financial | Equity | 4.0% |
| State Bank of India | Financial | Equity | 3.7% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.3% |
| Vedanta Ltd. | Metals | Equity | 3.3% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 3.2% |
Fund Managers
Tata Equity Savings Fund Direct IDCW Monthly Details
Tata Equity Savings Fund Direct IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹100 Cr and the Latest NAV as of 11 May 2021 is ₹16.63.
The Tata Equity Savings Fund Direct IDCW Monthly is rated Moderate 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.
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.
