Tata India Tax Savings Fund Regular Growth - Latest NAV, Returns, Performance & Portfolio

Tata India Tax Savings

  • highlight13.28%
  • highlight0.21(1.2%)

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  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%30%30%
Returns after tax i
4.2%5.6%8.4%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%1.6%4.4%
Lock-in Period i
5 years15 years3 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years--
3 Years13.28%
1 Year1.08%
6 Months6.87%
Fund Details
ISININF277K01I52
RiskModerately High risk
Fund TypeELSS (Tax Savings)
NAV17.7419
Exit Load--

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd9.14%
HDFC Bank Ltd7.25%
Infosys Ltd7.05%
Axis Bank Ltd6.43%
State Bank of India5.37%
Reliance Industries Ltd3.89%
Kotak Mahindra Bank Ltd3.83%
Housing Development Finance Corp Ltd3.45%
ITC Ltd3.2%
Tata Consultancy Services Ltd3.16%

About Tata India Tax Savings Fund

Tata India Tax Saving Fund is an open-ended equity linked saving scheme (ELSS) with a compulsory lock-in of three years. The fund objective is to grow wealth to its investors in the equity market and also give the tax benefit under Section 80C.

Pros & Cons of Tata India Tax Saving Fund

The fund is performing steadily with good returns. The selection of funds ranges from a mix of top-down and bottom-up stocks.

Fund Information and Statistics of Tata India Tax Saving Fund

i) Inception / Launch date

This fund was launched on 31 March !996 by Tata Asset Management Limited

ii) Risk level

Risk is above average as fund’s performance is driven by the market’s wide fluctuations

iii) Redemption

Being an ELSS tax saver fund, it can be redeemed after a minimum lock-in period of 3 years, under normal circumstances, the fund house will dispatch the redemption proceeds to the respective bank account within 10 business days from date of receipt of the request.

iv) Fund Manager

Rupesh Patel is an experienced fund manager who has been managing this fund since April 2015.

v) Entry / Exit load

Exit load for this fund is 0%. However, an expense ratio of 2.17% will be applied every year.

Tax benefits of investing in Tata India Tax Saving Fund

Avail dual benefit of tax saving and wealth growth under this fund. Investment limit for tax saving exceeds up to Rs 1.5 lakh. The fund has a 3-year lock-in period and tax implications on capital gains will be applied 10% without indexation on the sale of units from this fund will be applicable at the time of sale.

About Tata Mutual Fund

Tata Mutual Fund is one of the most trusted and respected fund houses in India. It has been a consistent performer coupled with providing world-class service. It offers wide range of investment options across investor risk profiles. The fund house aims at achieving consistent, long-term results along with excellence, transparency and rigorous risk controls.

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Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns