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Tata Dividend Yield Fund Direct - Growth - NFO

Equity
Dividend Yield
Very High Risk
Launch date03 May 2021
Allotment date20 May 2021
End date17 May 2021
NAV₹10.00

Fund Overview

Overview of Tata Dividend Yield Fund Direct - Growth - NFO

Expense ratio, exit load and tax

Expense ratio: 0.70%

Inclusive of GST

Exit load

For units in excess of 12% of the investment,1% will be charged for redemption within 365 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹150

Fund management

Murthy Nagarajan
May 2021 - Present
View details

Education
Mr. Nagarajan is a M.Com, ICWA and PGPMS.
Experience
Prior to joining Tata AMC he has worked with Quantum AMC as head fixed income, Mirae Asset Global Investment India Ltd..
Also manages these schemes

Sailesh Jain
May 2021 - Present
View details

Education
Mr. Jain is a Commerce Graduate and an MBA.
Experience
Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#14 in India
Total AUM₹86,582.73Cr
Date of Incorporation30 Jun 1995

Tata Dividend Yield Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to
Tata Dividend Yield Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. The fund currently has an Asset Under Management(AUM) of ₹86,583 Cr and the Latest NAV as of 20 May 2021 is ₹10.00. The Tata Dividend Yield Fund Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹150. Minimum Lumpsum Investment is ₹5,000. For units in excess of 12% of the investment,1% will be charged for redemption within 365 days
...Read more

Fund house contact details

Address
9th Floor, Mafatlal Centre,Nariman Point, Mumbai 400021
Phone
1800-209-0101
Launch Date
30 Jun 1995
Website
NA
Amc Image
Tata Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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