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3 star

Tata India Tax Savings Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.73 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.15 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 for 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:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 27.56 -1.35 0.30 -5.27 -0.43 10.70 33.20 20.13 17.75 15.01 --
S&P BSE 500 TRI 28.27 -1.60 -0.29 -4.97 -1.24 9.59 34.46 19.56 17.37 12.66 --
Equity: ELSS 29.46 -1.61 -0.28 -4.63 -1.00 10.98 35.55 19.74 16.86 12.94 --
Rank within category 25 3 5 26 14 24 26 16 12 7 --
Number of funds in category 38 38 38 38 38 38 38 35 34 29 1

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata India Tax Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 33.20 20.13 17.75 0.74% 2,998
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 31.14 21.70 19.94 0.74% 34,235
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 39.22 25.47 23.01 0.43% 10,146
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 39.41 22.98 18.03 0.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 49.10 22.50 20.38 0.74% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.77 29-Jan-2021 - 05-Feb-2021 -18.30 16-Mar-2020 - 23-Mar-2020
Month 19.42 23-Mar-2020 - 22-Apr-2020 -36.50 20-Feb-2020 - 23-Mar-2020
Quarter 31.98 23-Mar-2020 - 22-Jun-2020 -35.59 23-Dec-2019 - 23-Mar-2020
Year 91.20 23-Mar-2020 - 23-Mar-2021 -29.72 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 20.22 21.55 0.76 0.82 0.97 0.92
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: ELSS 19.84 21.49 0.75 0.81 0.95 0.85
Rank within category 15 21 16 15 22 17
Number of funds in category 35 35 35 35 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 50.29
Top 5 Stocks (%) 34.57
Top 3 Sectors (%) 56.83
Portfolio P/B Ratio 3.38
Portfolio P/E Ratio 25.48

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,54,699 1,36,970
Giant (%) 59.28 53.06
Large (%) 12.22 14.68
Mid (%) 23.04 25.08
Small (%) 5.46 7.34
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Bank Financial 24.03 10.05 7.03 8.88
equal Infosys Technology 34.47 9.87 4.32 7.79
down State Bank of India Financial 14.85 8.82 3.84 6.20
equal HDFC Bank Financial 24.70 9.23 5.86 5.99
down Reliance Industries Energy 30.82 14.68 3.23 5.71
equal HDFC Financial 24.48 6.51 3.45 4.46
equal Axis Bank Financial 21.07 6.88 2.26 3.63
equal Bharti Airtel Communication 135.72 7.07 0.00 2.91
down Tata Motors Automobile -- 2.42 0.00 2.42
equal Larsen & Toubro Construction 28.85 2.74 1.44 2.30
equal Ashok Leyland Automobile -- 2.12 0.00 2.09
up SBI Life Insurance Company Insurance 93.85 2.01 0.00 2.01
equal Voltas Consumer Durable 69.89 2.51 0.00 1.97
equal HCL Technologies Technology 27.04 2.21 0.00 1.95
down Hindalco Inds. Metals 9.94 2.48 0.00 1.92
equal Ultratech Cement Construction 33.04 3.19 0.67 1.91
equal Sun Pharmaceutical Industries Healthcare 28.85 1.96 0.00 1.86
down Kei Industries Engineering 32.09 2.06 0.00 1.84
down Polycab India Engineering 42.64 2.22 0.00 1.73
equal NTPC Energy 9.08 1.66 0.00 1.53
equal Cipla Healthcare 27.73 2.81 0.00 1.51
equal Tech Mahindra Technology 30.09 1.50 0.00 1.48
down Brigade Enterprises Construction -- 1.74 0.44 1.46
equal Eris Lifesciences Healthcare 25.73 2.68 0.62 1.40
equal Bharat Petroleum Corporation Energy 4.69 2.88 0.00 1.39

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Tejas Gutka since 09-Mar-2021

Education: Mr. Gutka is a BSc, MMS (Finance)

Experience: Prior to joining Tata Mutual Fund, he has worked with Tamohara Investment Managers, Barclays Securities India Pvt Ltd.


-1.35%

Change from previous, NAV as on 06-Dec-2021

IDCW: ₹ 147.1731

Growth: ₹ 29.8014


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 150
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 17.68%
Benchmark: S&P BSE Sensex TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,998 Cr (As on 31-Oct-2021)
Expense: 0.74% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 50.13%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW15-Apr-20215.1500

 25-Mar-20190.8854
 21-Mar-20187.5000
 17-Mar-20179.0000
 26-Feb-20162.0000
 23-Dec-20132.0000

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: http://www.tatamutualfund.com

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

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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