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Tata India Tax Savings Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
₹48.44-0.45%1D
Returns (Since Inception)
16.89%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹4,680 Cr
Expense Ratio
0.70%
ISIN
INF277K01I86
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
13 Oct 2014
About this fund
Tata India Tax Savings Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 10 years, 1 months and 9 days, having been launched on 13-Oct-14.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹48.44, Assets Under Management (AUM) of 4680.10 Crores, and an expense ratio of 0.7%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹48.44, Assets Under Management (AUM) of 4680.10 Crores, and an expense ratio of 0.7%.
- Tata India Tax Savings Fund Direct Growth has given a CAGR return of 16.89% since inception.
- The fund's asset allocation comprises around 96.31% in equities, 0.00% in debts, and 3.69% in cash & cash equivalents.
- You can start investing in Tata India Tax Savings Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+27.78%
+27.83% (Cat Avg.)
3 Years
+15.70%
+14.94% (Cat Avg.)
5 Years
+19.00%
+19.25% (Cat Avg.)
10 Years
+16.37%
+13.87% (Cat Avg.)
Since Inception
+16.89%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹4,507.52 Cr | 96.31% |
| Others | ₹172.58 Cr | 3.69% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹299.41 Cr | 6.40% |
| ICICI Bank Ltd | Equity | ₹274.6 Cr | 5.87% |
| Infosys Ltd | Equity | ₹203.84 Cr | 4.36% |
| Reliance Industries Ltd | Equity | ₹179.83 Cr | 3.84% |
| State Bank of India | Equity | ₹178.39 Cr | 3.81% |
| Bharti Airtel Ltd | Equity | ₹151.58 Cr | 3.24% |
| Axis Bank Ltd | Equity | ₹150.74 Cr | 3.22% |
| NTPC Ltd | Equity | ₹140.85 Cr | 3.01% |
| Larsen & Toubro Ltd | Equity | ₹127.56 Cr | 2.73% |
| Samvardhana Motherson International Ltd | Equity | ₹123.05 Cr | 2.63% |
| V-Mart Retail Ltd | Equity | ₹106.07 Cr | 2.27% |
| A) Repo | Cash - Repurchase Agreement | ₹99.94 Cr | 2.14% |
| Pricol Ltd | Equity | ₹98.25 Cr | 2.10% |
| HCL Technologies Ltd | Equity | ₹90.07 Cr | 1.92% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹87.82 Cr | 1.88% |
| Gravita India Ltd | Equity | ₹82.94 Cr | 1.77% |
| Radico Khaitan Ltd | Equity | ₹82.78 Cr | 1.77% |
| Cummins India Ltd | Equity | ₹80.51 Cr | 1.72% |
| UltraTech Cement Ltd | Equity | ₹77.46 Cr | 1.66% |
| Anant Raj Ltd | Equity | ₹75.08 Cr | 1.60% |
| The Federal Bank Ltd | Equity | ₹73.41 Cr | 1.57% |
| Cash / Net Current Asset | Cash | ₹72.64 Cr | 1.55% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹71.9 Cr | 1.54% |
| PVR INOX Ltd | Equity | ₹69.25 Cr | 1.48% |
| UTI Asset Management Co Ltd | Equity | ₹67.34 Cr | 1.44% |
| PI Industries Ltd | Equity | ₹67.33 Cr | 1.44% |
| Voltas Ltd | Equity | ₹65.98 Cr | 1.41% |
| Ami Organics Ltd | Equity | ₹65.87 Cr | 1.41% |
| Coal India Ltd | Equity | ₹65.55 Cr | 1.40% |
| Tata Motors Ltd | Equity | ₹63.8 Cr | 1.36% |
| Cipla Ltd | Equity | ₹62.07 Cr | 1.33% |
| Brigade Enterprises Ltd | Equity | ₹62 Cr | 1.32% |
| Hindalco Industries Ltd | Equity | ₹61.74 Cr | 1.32% |
| REC Ltd | Equity | ₹60.36 Cr | 1.29% |
| Ambuja Cements Ltd | Equity | ₹58.06 Cr | 1.24% |
| Power Finance Corp Ltd | Equity | ₹58.01 Cr | 1.24% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹54.23 Cr | 1.16% |
| UNO Minda Ltd | Equity | ₹53.84 Cr | 1.15% |
| Graphite India Ltd | Equity | ₹53 Cr | 1.13% |
| SBI Life Insurance Co Ltd | Equity | ₹48.66 Cr | 1.04% |
| KEI Industries Ltd | Equity | ₹47.61 Cr | 1.02% |
| Shriram Pistons & Rings Ltd | Equity | ₹47.52 Cr | 1.02% |
| Cyient Ltd | Equity | ₹47.34 Cr | 1.01% |
| City Union Bank Ltd | Equity | ₹43.94 Cr | 0.94% |
| Craftsman Automation Ltd | Equity | ₹42.58 Cr | 0.91% |
| Tech Mahindra Ltd | Equity | ₹41.82 Cr | 0.89% |
| Jubilant Foodworks Ltd | Equity | ₹41.76 Cr | 0.89% |
| Flair Writing Industries Ltd | Equity | ₹41.55 Cr | 0.89% |
| Bharat Electronics Ltd | Equity | ₹40.6 Cr | 0.87% |
| Barbeque-Nation Hospitality Ltd | Equity | ₹39.85 Cr | 0.85% |
| H.G. Infra Engineering Ltd Ordinary Shares | Equity | ₹39.59 Cr | 0.85% |
| Varroc Engineering Ltd Ordinary Shares | Equity | ₹38.4 Cr | 0.82% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹36.14 Cr | 0.77% |
| Gujarat State Petronet Ltd | Equity | ₹35.7 Cr | 0.76% |
| KNR Constructions Ltd | Equity | ₹29.7 Cr | 0.63% |
| P N Gadgil Jewellers Ltd | Equity | ₹25.34 Cr | 0.54% |
| Bajaj Finance Ltd | Equity | ₹22.74 Cr | 0.49% |
| Neogen Chemicals Ltd | Equity | ₹21.47 Cr | 0.46% |
| Pearl Global Industries Ltd | Equity | ₹18.98 Cr | 0.41% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹11.64 Cr | 0.25% |
Allocation By Market Cap (Equity)
Large Cap Stocks
57.27%
Mid Cap Stocks
11.51%
Small Cap Stocks
27.00%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,385.64 Cr | 29.61% |
| Consumer Cyclical | ₹753.69 Cr | 16.10% |
| Industrials | ₹656.38 Cr | 14.02% |
| Basic Materials | ₹351.93 Cr | 7.52% |
| Technology | ₹335.73 Cr | 7.17% |
| Energy | ₹245.37 Cr | 5.24% |
| Communication Services | ₹232.47 Cr | 4.97% |
| Utilities | ₹176.55 Cr | 3.77% |
| Healthcare | ₹149.89 Cr | 3.20% |
| Real Estate | ₹137.09 Cr | 2.93% |
| Consumer Defensive | ₹82.78 Cr | 1.77% |
Risk & Performance Ratios
Standard Deviation
This fund
13.55%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.84
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
Sailesh Jain
Since December 2021
TG
Tejas Gutka
Since March 2021
Additional Scheme Detailsas of 31st October 2024
ISIN INF277K01I86 | Expense Ratio 0.70% | Exit Load No Charges | Fund Size ₹4,680 Cr | Age 10 years 1 month | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4680.10 Cr | 27.8% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4680.10 Cr | 26.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36533.13 Cr | 23.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4273.94 Cr | 25.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹54.03 Cr | 22.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.03 Cr | 20.8% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹388.48 Cr | 29.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1559.54 Cr | 17.6% |
About the AMC
Tata Mutual Fund
Total AUM
₹1,85,301 Cr
Address
Mafatlal Centre, 9th Floor, Mumbai, 400 021
Other Funds by Tata Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Tata India Tax Savings Fund Direct Growth?
The NAV of Tata India Tax Savings Fund Direct Growth, as of 21-Nov-2024, is ₹48.44.
What are the returns of Tata India Tax Savings Fund Direct Growth?
The fund has generated 27.78% over the last 1 year and 15.70% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Tata India Tax Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 96.31% in equities, 0.00% in bonds, and 3.69% in cash and cash equivalents.
Who manages the Tata India Tax Savings Fund Direct Growth?
The fund managers responsible for Tata India Tax Savings Fund Direct Growth are:-
- Sailesh Jain
- Tejas Gutka
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.