Rating : ★ ★ ★ ★ ☆

Tata India Tax Savings Fund Direct Plan Payout of Inc Dist cum Cap Wdrl

Equity

  

ELSS Fund

NAV

151.3887 +0.0553

(as on 24 Sep, 2021)

RETURNS

20.71 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

1%

Asset Size

2887.97 Cr.

(As of 31 Aug, 2021)

Benchmark

S&P BSE SENSEX TR INR

Riskometer

Investors understand that their principal will be at Very High Risk.

Objective

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

app screenshotapp screenshot

Google play store download image Apple app store download image

Fund manager

Rupesh Patel

Exit load

N / A

Minimum sip

₹500

Minimum investment

₹500

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

ICICI Bank Ltd

9.16%

Infosys Ltd

8.27%

HDFC Bank Ltd

6.22%

State Bank of India

6.02%

Sector Allocation

About the Scheme Type

ELSS or Equity Linked Saving Schemes can help you with a two-fold benefit of saving your taxes and growing your money. ELSSare open-ended Equity Mutual Funds, investments in which qualify for tax exemptions under section 80C of the Income Tax Act of 1961. The scheme invests at least 80% of its total assets in equity and equity-linked instruments and comes with a mandatory lock-in period of 3 years. Returns from ELSS investments over and above 1 lac rupees are subject to LTCG (Long-Term Capital Gains) Tax at 10%.Given that these funds are passively managed, it also reduces the expense ratio and other fees making them cost efficient.

Ratings

This fund is rated 4 stars by Morning Star Ratings.

★ ★ ★ ★ ☆

Overview of Tata Asset Management Limited

-