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Tata India Tax Savings Fund

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Equity: ELSS

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1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.94 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 15.42 0.30 0.72 6.18 2.81 19.38 59.33 12.63 14.56 15.20 14.88
S&P BSE 500 TRI 18.66 0.37 1.38 7.55 7.28 22.47 69.47 14.89 16.28 13.46 13.21
Equity: ELSS 17.70 0.30 1.43 6.79 6.59 21.62 64.00 12.80 14.60 13.54 13.80
Rank within category 25 16 37 29 37 26 28 17 14 8 8
Number of funds in category 38 38 38 38 38 38 38 35 33 29 27

As on 11-Jun-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  | Invest Online
3 star
 Mar-96 59.33 12.63 14.56 2.00 2,705
Axis Long Term Equity Fund
4 star
 Dec-09 56.50 14.86 16.36 1.67 29,575
DSP Tax Saver Fund  | Invest Online
4 star
 Jan-07 71.01 17.03 16.92 1.79 8,747
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Dec-15 75.98 19.45 21.45 1.70 7,940
Canara Robeco Equity Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Mar-93 69.95 19.62 18.08 2.17 2,227

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 19.74 29-May-2000 - 05-Jun-2000 -20.28 15-Jan-2008 - 22-Jan-2008
Month 51.49 03-Dec-1999 - 04-Jan-2000 -36.60 20-Feb-2020 - 23-Mar-2020
Quarter 117.24 01-Nov-1999 - 31-Jan-2000 -53.23 25-Feb-2000 - 26-May-2000
Year 348.47 24-Feb-1999 - 24-Feb-2000 -62.03 07-Mar-2000 - 07-Mar-2001

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.96 22.94 0.42 0.47 0.99 -1.75
S&P BSE 500 TRI 15.83 22.84 0.50 0.59 -- --
Equity: ELSS 13.74 22.43 0.42 0.47 0.96 -1.59
Rank within category 16 24 17 18 27 18
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 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 40
Top 10 Stocks (%) 55.89
Top 5 Stocks (%) 39.22
Top 3 Sectors (%) 55.65
Portfolio P/B Ratio 3.23
Portfolio P/E Ratio 27.41

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,67,558 1,22,008
Giant (%) 61.63 51.48
Large (%) 12.83 15.74
Mid (%) 17.83 24.34
Small (%) 7.71 8.63
Tiny (%) -- 0.30

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
equal ICICI Bank Financial 23.94 11.12 7.03 10.05
down Infosys Technology 31.86 9.87 0.00 8.04
down HDFC Bank Financial 25.76 9.23 6.98 7.28
equal Reliance Industries Energy 30.46 14.68 3.23 6.95
equal State Bank of India Financial 17.11 8.82 0.00 6.90
equal HDFC Financial 24.65 6.51 3.45 4.44
equal Axis Bank Financial 31.45 6.88 0.00 4.30
equal Bharti Airtel Communication -- 7.07 0.00 3.46
equal Kotak Mahindra Bank Financial 35.63 5.45 1.59 2.27
equal Voltas Cons Durable 65.91 2.51 0.00 2.20
new Hindalco Inds. Metals 25.36 2.19 0.00 2.19
equal Jubilant FoodWorks Services 266.36 3.17 0.00 2.13
equal Larsen & Toubro Construction 18.22 2.74 1.44 2.12
down Eris Lifesciences Healthcare 26.98 2.68 0.62 2.12
equal Amber Enterprises Cons Durable 115.09 2.69 0.00 2.04
down Cipla Healthcare 32.45 2.81 0.00 2.02
equal Ashok Leyland Automobile -- 2.01 0.00 2.01
equal PI Industries Chemicals 58.30 1.96 0.00 1.93
down Ultratech Cement Construction 35.20 3.19 0.67 1.86
down Graphite India Engineering -- 2.43 0.00 1.85
equal BPCL Energy 6.49 2.88 0.00 1.74
equal Sun Pharmaceutical Inds. Healthcare 56.29 1.79 0.00 1.73
down Cadila Healthcare Healthcare 31.91 1.78 0.00 1.50
equal Mahindra & Mahindra Automobile 55.49 3.08 0.00 1.49
new Tata Motors Automobile -- 2.30 0.00 1.41

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-May-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.

— Ennette Fernandes since 18-Jun-2018

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.

Funds Managed:

Invest Online
0.30%

Change from previous, NAV as on 11-Jun-2021

IDCW: ₹ 68.0277

Growth: ₹ 24.8570

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: 31-Mar-1996
Return Since Launch: 18.82%
Benchmark: S&P BSE Sensex TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,705 Cr (As on 31-May-2021)
Expense: 2.00% (As on 30-Apr-2021)
Risk Grade: Above Average
Return Grade: Average
Turnover: 40.57%

Most Recent Dividends

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

 25-Mar-20203.2760
 25-Mar-20198.8541
 21-Mar-201810.0000
 17-Mar-20179.0000
 26-Feb-20169.0000
 06-Feb-20152.8500
 19-Dec-20142.7500
 23-Dec-20132.0000
 03-Dec-20121.5000
 08-Feb-20121.5000
 23-Dec-20112.0000
 22-Jan-20105.0000
 04-Sep-20093.0000
 14-Dec-20073.0000
 20-Oct-200510.1000
 10-Dec-20031.0000
 02-Dec-19992.0000
 25-May-19992.0000

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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