Great! You have sucessfully subscribed for newsletters for investments
Knowing this helps you control risk in your portfolio
Determine this by answering these simple questions.
NAV as of ( Sep 09, 2022 )
₹ 32.58 0.18 % 1-D Change
You get upto 1.22% extra returns
ET Money Rank
Out of 26
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
Sign-up for free to view fund's Report Card
Select SIP date
How long should this SIP run?
Fresh Investments closed in this fund!
This fund is no longer available to invest
|ET Money Rank||12 Out of 26|
|Expense ratio||0.76% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 3,119 Crs|
|Age||7 yrs 10 m Since Oct 13, 2014|
|Benchmark||Nifty 500 TRI|
SIP ₹ 500 &
Lumpsum ₹ 500
Answer a few simple questions and understand why you take the financial decisions you do.
You would have earned ₹ 1,001 more by investing in ET Money Direct Plan
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 66.67%
Mid Cap 15.15%
Small Cap 16.82%
Other Cap 0%
Capital Goods 8.39%
Bifurcation by Holding is not available for this fund
Bifurcation by Credit Quality is not available for this fund
Know in detail about the portfolio of this fund See detailed Portfolio Analysis
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Quant Tax Plan||23.64%|
|Canara Robeco Equity Tax Saver Fund||17.09%|
|Mirae Asset Tax Saver Fund||16.32%|
|IDFC Tax Advantage (ELSS) Fund||14.28%|
|Kotak Tax Saver Fund||14.19%|
|PGIM India ELSS Tax Saver Fund||13.96%|
|Axis Long Term Equity Fund||12.78%|
|Aditya Birla Sun Life Tax Relief 96 Fund||8.65%|
|Nippon India Tax Saver (ELSS) Fund||6.23%|
|Motilal Oswal Long Term Equity Fund||10.51%|
|Quantum Tax Saving Fund||9.58%|
|Baroda BNP Paribas ELSS Fund||10.97%|
|Tata India Tax Savings Fund||12.84%|
Sign-up for free to compare fund with elss funds
|Period||Trailing returns||Category average||Rank within category|
|1 month||2.33%||2.42%||12 / 24|
|3 months||16.69%||15.89%||9 / 24|
|6 months||8.99%||8.42%||9 / 24|
|1 year||8.69%||5.34%||8 / 24|
|3 years||20.58%||21.71%||12 / 24|
|5 years||12.84%||12.68%||11 / 23|
Know in detail about the returns of this fund See detailed Return Analysis
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
The scheme seeks long-term capital growth. Investments in equity would be at least 80 per cent of the corpus, while allocation to debt and money market instruments can go up to 20 per cent.
Mr. Gutka is a BSc, MMS (Finance)
Prior to joining Tata Mutual Fund, he has worked with Tamohara Investment Managers, Barclays Securities India Pvt Ltd.
Mr. Jain is a Commerce Graduate and an MBA.
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.
As on Jun 30, 2022
The Tata India Tax Savings Fund is a 7 yrs 10 m old fund and has delivered average annual returns of 16.08% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Tata India Tax Savings Fund for Sep 09, 2022 is 32.58 .
Tata India Tax Savings Fund has an ET Money Rank of # 12 of 26 and a consistency rating of 2 .
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in Tata India Tax Savings Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Tata India Tax Savings Fund is 0.76%. .
Redeeming your investments in Tata India Tax Savings Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Tata India Tax Savings Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Tata India Tax Savings Fund is ₹3,119 Crs.
The Tata India Tax Savings Fund has invested the majority of its money in the stocks of the following companies -
|Company||Percentage of Portfolio|
|ICICI Bank Ltd.||7.97%|
|HDFC Bank Ltd.||6.22%|
|State Bank of India||5.88%|
|Reliance Industries Ltd.||5.71%|
|Housing Development Finance Corpn. Ltd.||4.51%|
|Axis Bank Ltd.||3.53%|
|Bharti Airtel Ltd.||2.97%|
|Larsen & Toubro Ltd.||2.4%|
|SBI Life Insurance Company Ltd.||2.24%|
The Tata India Tax Savings Fund has primarily invested in the following sectors
|Sector||Percentage of Portfolio|