Tata Young Citizens Regular is a Solution oriented Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was introduced to investors on 14 Oct 1995. Akhil Mittal, Sonam Udasi is the Current Fund Manager of Tata Young Citizens Regular.The fund currently has an Asset Under Management(AUM) of ₹189 Cr and the Latest NAV as of 15 Nov 2019 is ₹25.89.
The Tata Young Citizens Regular is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed before child attains 18 years of age.
Investment Objective
The investment objective of the Scheme will be to provide long term capital growth along with steady capital accretion to its unit holders.
Tax Implications
If average equity holding is >65%, returns are taxed at 15% (redeemed before one year) and 10% (After 1 year as per LTCG). If average equity holding is <65%, returns are taxed as per your Income Tax slab (redeemed before 3 years) and 20% with indexation benefit (post 3 years).
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment
Exit load of 1% if redeemed before child attains 18 years of age
Exit Load