3 Year return

19.38%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has 3 years period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹4196.77 Cr.

Expense Ratio

0.72% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
2

Ratings by other agencies

3
3
3

Tax Implications

Withdrawal within 1 year

Not applicable as these investments cannot be sold before the 3 year lock-in period

Withdrawal after 1 year

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

Fund Holdings

Holdings

Tata Mutual Fund Managers

There are no records found for Fund Manager

Fund House Details

Tata Mutual Fund

Tata Mutual Fund Asset management company

AUM ₹147,271.50 Cr.
No. of Schemes 167
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

14.09%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

TATA Balanced Advantage Fund Direct Plan Payout of IDCW Payout

14.09%
6.44%

About TATA India Tax Savings Fund Direct Plan Payout of IDCW Payout

TATA India Tax Savings Fund Direct Plan Payout of IDCW Payout is an open-ended equity linked tax saving scheme offered by Tata Mutual Fund. This fund invests in a mix of large-cap and mid-cap companies. The fund aims to generate returns that are higher than those of the benchmark index, the Nifty 500 TRI. The fund also aims to provide investors with regular income by distributing a portion of its net income to its investors on a monthly basis. The expense ratio of TATA India Tax Savings Fund Direct Plan Payout of IDCW Payout is lower than the category average. A lower expense ratio means that you keep more of your investment returns.

Investment Objectives of the Scheme

The investment objective of TATA India Tax Savings Fund Direct Plan Payout of IDCW Payout is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. The fund also aims to provide investors with regular income by distributing a portion of its net income to its investors on a monthly basis and tax savings. TATA India Tax Savings Fund Direct Plan Payout of IDCW Payout has the standard lock-in period of ELSS funds of 3 years.

Key Features of The Fund

5-year return 18.28%
Expense Ratio 0.72%
Fund Manager NA
Fund Size ₹4196.77 Cr
Risk Profile Very High

Is This Scheme Right for Me?

TATA India Tax Savings Fund Direct Plan Payout of IDCW Payout is a good option for investors who are looking for a fund that has the potential for higher returns, but who are also looking for a tax saving option. However, it is important to remember that all investments carry some risk, and investors may lose money.

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.

Compare Your SIPs Across Various Mutual Funds

Use our SIP calculator to compare SIPs across different mutual funds. Moreover, by comparing the different expected rates of returns, you can compare the returns on the same amount for different SIPs. Open our SIP calculator to estimate returns and get started on your investment journey today!

FAQs

What is today's NAV of TATA ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout?

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 ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout Jun 11 2024 is 211.2695

What is the AUM of TATA ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout?

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 ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout is 4196.77 crore.

What is the expense ratio of TATA ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout?

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 ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout is 0.72%

What are the returns of TATA ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout since inception?

The TATA ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout was launched on Jan 01 2013. The fund has delivered a CAGR of 17.93 since inception.

What is the minimum SIP amount to invest in TATA ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout?

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 ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout is 500.

How do I invest in TATA ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout?

  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 ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout?

  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 ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout?

  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 ELSS Tax Saver Fund Direct Plan Payout of IDCW Payout?

  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.