3 Year return

18.73%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

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Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹2566.59 Cr.

Expense Ratio

0.75% (inclusive of GST)

Exit Load

0.50% if redeemed/switched out on or before 90 days from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Tata Mutual Fund Managers

AS

Abhinav Sharma

Fund Manager since Jan 2012

View Details

Fund House Details

Tata Mutual Fund

Tata Mutual Fund Asset management company

AUM ₹147,271.50 Cr.
No. of Schemes 162
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Tata Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

TATA Balanced Advantage Fund Direct Plan Growth

14.52%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

TATA Balanced Advantage Fund Direct Plan Payout of IDCW Payout

14.52%
6.42%

About TATA Ethical Fund Direct Plan-Growth

TATA Ethical Fund Direct Plan-Growth is an open-ended equity mutual fund plan that is provided by Tata Mutual Fund. The fund follows an ethically sound investment approach, and the fund invests in stocks of companies adhering to Islamic (Shariah) principles. Consequently, the fund avoids companies involved in activities that are non-compliant with Shariah law. These are companies that allow investors to enjoy medium to long-term gains and comprise primarily stocks of companies that fall under growth stocks. A combination of large-cap, mid-cap, and small-cap stocks can be invested in.

Investment Objective of the Scheme

The investment objective of TATA Ethical Fund Direct Plan-Growth is long-term capital appreciation. The fund seeks to achieve this objective through a diversified fund portfolio of growth stocks. The equities in the fund are mandated and compliant according to Shariah law and principles. Consequently, the fund avoids stocks of companies dealing with alcohol, tobacco, and others.

Key Features of The Fund

5-year return 22.02%
Expense Ratio 0.75%
Fund Manager Abhinav Sharma
Fund Size ₹2566.59 Cr
Risk Profile Very High

Is This Scheme Right for Me?

TATA Ethical Fund Direct Plan-Growth may be suitable for you if you are a long-term investor who wishes to invest in a diversified portfolio of companies compliant with Shariah principles. If you are seeking medium to long-term gains in the long run, this fund may be considered. The fund may also be considered for investors interested in macro trends, and those with some expertise in long-term investing. Nonetheless, before making any investment decisions, it is better you evaluate your individual financial goals and then go ahead.

AMC Contact Details

Name Tata Mutual Fund
Launch Date March 1994
Addresss Mulla House, Ground Floor, 51, M.G. Road, Near Flora Fountain, Mumbai – 400 001 Maharashtra
Contact (022) 6282 7777
Email service@tataamc.com
Website https://www.tatamutualfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of TATA Ethical Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of TATA Ethical Fund Jun 21 2024 is 446.7454

What is the AUM of TATA Ethical Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of TATA Ethical Fund is 2566.59 crore.

What is the expense ratio of TATA Ethical Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of TATA Ethical Fund is 0.75%

What are the returns of TATA Ethical Fund since inception?

The TATA Ethical Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 16.97 since inception.

What is the minimum SIP amount to invest in TATA Ethical Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for TATA Ethical Fund is 100.

How do I invest in TATA Ethical Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in TATA Ethical Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in TATA Ethical Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in TATA Ethical Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.