3 Year return
17.27%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹4925.84 Cr.
Expense Ratio
0.69% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Tata Mutual Fund Managers
TG
Tejas Gutka
Fund Manager since Aug 2022
Fund House Details
Tata Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
SBI Long Term Equity Fund |
24.44% |
5 |
Quant ELSS Tax Saver Fund |
21.44% |
3.5 |
Bank of India ELSS Tax Saver |
19.98% |
3 |
Schemes by Tata Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Dynamic Asset Allocation or Balanced Advantage
TATA Balanced Advantage Fund Direct Plan Growth
Hybrid . Dynamic Asset Allocation or Balanced Advantage
TATA Balanced Advantage Fund Direct Plan Payout of IDCW Payout
Hybrid . Arbitrage Fund
TATA Arbitrage Fund Direct Plan Monthly Payout of IDCW Payout
Hybrid . Arbitrage Fund
TATA Arbitrage Fund Direct Plan Monthly Reinvestment of IDCW Reinvestment
Hybrid . Arbitrage Fund
TATA Arbitrage Fund Direct Plan Growth
About TATA India Tax Savings Fund Growth Direct Plan
The Tata India Tax Savings Fund Growth Direct Plan is an open-ended fund marketed by Tata Mutual Fund. This is an equity-linked savings scheme that offers tax deductions under Section 80C of the Income Tax Act of 1961. As an ELSS investment scheme, it comes with a compulsory lock-in period of 3 years. The fund invests predominantly in a highly-diversified portfolio of equity and equity-related securities of large-cap, mid-cap, and small-cap companies.
Investment Objective of the Scheme
The objective of the fund is to generate medium to long-term capital appreciation from equity investments while offering tax benefits. It is suitable for investors with a minimum investment horizon of 3 years. The objective is to generate maximum profits from investing in companies of various sizes.
Key Features of The Fund
5-year return | 20.16% |
Expense Ratio | 0.69% |
Fund Manager | Tejas Gutka |
Fund Size | ₹4925.84 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
This scheme is suitable for investors wanting to invest for a minimum period of 3 years and gain the additional benefit of income tax savings. Simultaneously, these investors should also be ready for the possibility of principal loss during the investment period. Make sure to evaluate your tax savings requirements and risk tolerance to understand the suitability of investing in the TATA India Tax Savings Fund Growth Direct Plan. You may also consult with a financial advisor before investing.
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 |
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.
Secure Your Retirement With SIPs
FAQs
What is today's NAV of TATA ELSS Tax Saver Fund?
What is the AUM of TATA ELSS Tax Saver Fund?
What is the expense ratio of TATA ELSS Tax Saver Fund?
What are the returns of TATA ELSS Tax Saver Fund since inception?
What is the minimum SIP amount to invest in TATA ELSS Tax Saver Fund?
How do I invest in TATA ELSS Tax Saver Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in TATA ELSS Tax Saver Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in TATA ELSS Tax Saver Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in TATA ELSS Tax Saver Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.