When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
|S&P BSE 500 TRI||-1.47||-0.32||-1.24||-3.61||-0.75||10.95||9.48||9.38||7.75||12.61||--|
|Rank within category||27||17||25||20||29||22||13||8||4||4||--|
|Number of funds in category||38||38||38||38||38||37||36||34||30||28||1|
As on 25-Feb-2020
|Best (Period)||Worst (Period)|
|Week||8.66 (03-Sep-2013 - 10-Sep-2013)||-8.50 (19-Aug-2015 - 26-Aug-2015)|
|Month||16.45 (07-May-2014 - 06-Jun-2014)||-14.13 (07-Sep-2018 - 09-Oct-2018)|
|Quarter||22.01 (07-Apr-2014 - 07-Jul-2014)||-13.32 (30-Nov-2015 - 29-Feb-2016)|
|Year||69.33 (13-Feb-2014 - 13-Feb-2015)||-11.71 (27-Feb-2015 - 29-Feb-2016)|
|S&P BSE 500 TRI||11.88||12.82||0.48||0.72||--||--|
|Rank within category||9||28||11||14||30||11|
|Number of funds in category||34||34||34||34||34||34|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jan-2020
|Number of Stocks||37|
|Top 10 Stocks (%)||56.68|
|Top 5 Stocks (%)||37.08|
|Top 3 Sectors (%)||61.12|
|Portfolio P/B Ratio||2.84|
|Portfolio P/E Ratio||26.10|
|Average Mkt Cap (Rs Cr)||1,43,808||90,653|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|State Bank of India||Financial||25.01||8.82||0.00||7.93|
|Kotak Mahindra Bank||Financial||36.63||5.45||1.43||3.16|
|Tata Consultancy Services||Technology||24.76||3.39||0.00||2.92|
|Larsen & Toubro||Construction||17.61||2.74||1.24||2.11|
|Titan Company||Cons Durable||74.59||2.12||0.00||1.78|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2020
Education: Ms. Fernandes is B.com & PGDBM
Experience: Prior to joining TATA Mutual Fund she has worked with Phillip Capital India Pvt. Limited as Junior Research Analyst on FMCG sector.
Education: Mr. Rupesh is a B.E.(Civil) and MBA (Finance)
Experience: He served as the Tata Asset Management Limited's Principal Officer of PMS from January 2012 to June 2013. Mr. Patel was the Deputy General Manager of Investments at the Tata Asset Management Limited from May 2008 to January 2012. Prior to this, he served as an Assistant Vice President of Investments at Indiareit Fund Advisors Pvt. Ltd. from August 2007 to April 2008. He was a Deputy General Manager at Credit Analysis & Research Ltd. until August 2007. Mr. Patel served as an Analyst and Manager at the Credit Analysis & Research. He had joined the Credit Analysis & Research in November 2001.
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The scheme seeks long-term capital growth. Investments in equity would be at least 80 per cent of the corpus, while allocation to debt and money market instruments can go up to 20 per cent.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||150|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||500|
|Fund House:||Tata Mutual Fund|
|Return Since Launch:||16.31%|
|Benchmark:||S&P BSE Sensex TRI|
|Assets:||₹ 2,139 Cr (As on 31-Jan-2020)|
|Expense:||0.62% (As on 31-Jan-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Tata Asset Management Private Ltd
Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021
Email: [email protected]
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Email: [email protected]