Fund Details
Tata Resources & Energy Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.12% |
| NAV | ₹21.79 (22 Jan 2021) |
|---|---|
| Fund Started | 28 Dec 2015 |
| Fund Size | ₹43 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y 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 |
|---|---|---|---|
| Ultratech Cement Ltd. | Construction | Equity | 8.3% |
| Jindal Steel & Power Ltd. | Metals | Equity | 6.7% |
| Chemcon Speciality Chemicals Ltd. | Chemicals | Equity | 6.4% |
| Tata Steel Ltd. | Metals | Equity | 6.2% |
| Reliance Industries Ltd. | Energy | Equity | 5.8% |
| Hindalco Industries Ltd. | Metals | Equity | 5.2% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Equity | 3.8% |
| UPL Ltd. | Chemicals | Equity | 3.8% |
| Bharat Petroleum Corpn. Ltd. | Energy | Equity | 3.6% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 3.5% |
Fund Managers
Tata Resources & Energy Fund Direct Growth Details
Tata Resources & Energy Fund Direct Growth is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 28 Dec 2015. Rupesh Patel, Sonam Udasi is the Current Fund Manager of Tata Resources & Energy Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹43 Cr and the Latest NAV as of 22 Jan 2021 is ₹21.79.
The Tata Resources & Energy Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 12% of the investment,1% will be charged for redemption within 365 Days.
Investment Objective
The scheme seeks long term capital appreciation by investing atleast 80% of it's net assets in equity/equity related instruments of the companies in the Resources & Energy sectors in India.
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.
