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Fund Overview

Fund Size

Fund Size

₹4,028 Cr

Expense Ratio

Expense Ratio

0.73%

ISIN

ISIN

INF277K01I86

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

13 Oct 2014

About this fund

Tata India Tax Savings Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 9 years, 6 months and 6 days, having been launched on 13-Oct-14.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹42.91, Assets Under Management (AUM) of 4028.26 Crores, and an expense ratio of 0.73%.
  • Tata India Tax Savings Fund Direct Growth has given a CAGR return of 16.54% since inception.
  • The fund's asset allocation comprises around 96.75% in equities, 0.00% in debts, and 3.25% in cash & cash equivalents.
  • You can start investing in Tata India Tax Savings Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+34.77%

+36.57%(Cat. Avg.)

3 Years

+19.80%

+19.48%(Cat. Avg.)

5 Years

+17.51%

+16.84%(Cat. Avg.)

Since Inception

+16.54%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity3,897.15 Cr96.75%
Others131.12 Cr3.25%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity312.75 Cr7.76%
ICICI Bank LtdEquity254.19 Cr6.31%
Reliance Industries LtdEquity200.59 Cr4.98%
State Bank of IndiaEquity188.09 Cr4.67%
Infosys LtdEquity173.77 Cr4.31%
Axis Bank LtdEquity136.14 Cr3.38%
Larsen & Toubro LtdEquity132.54 Cr3.29%
NTPC LtdEquity115.88 Cr2.88%
Bharti Airtel LtdEquity115.49 Cr2.87%
Cash / Net Current AssetCash113.96 Cr2.83%
Radico Khaitan LtdEquity93.3 Cr2.32%
Cummins India LtdEquity90.19 Cr2.24%
Pricol LtdEquity79.72 Cr1.98%
Samvardhana Motherson International LtdEquity79.63 Cr1.98%
SBI Life Insurance Company LimitedEquity78.76 Cr1.96%
HCL Technologies LtdEquity78.72 Cr1.95%
Sun Pharmaceuticals Industries LtdEquity76.98 Cr1.91%
Tata Motors LtdEquity75.95 Cr1.89%
UltraTech Cement LtdEquity68.24 Cr1.69%
Bharat Electronics LtdEquity63.47 Cr1.58%
Ambuja Cements LtdEquity61.24 Cr1.52%
UNO Minda LtdEquity60.56 Cr1.50%
Graphite India LtdEquity60.36 Cr1.50%
Brigade Enterprises LtdEquity60.02 Cr1.49%
Cipla LtdEquity59.88 Cr1.49%
PVR INOX LtdEquity58.49 Cr1.45%
Voltas LtdEquity54.07 Cr1.34%
The Federal Bank LtdEquity54.07 Cr1.34%
KEI Industries LtdEquity53.97 Cr1.34%
REC LtdEquity52.09 Cr1.29%
Cyient LtdEquity51.48 Cr1.28%
Craftsman Automation LtdEquity50.48 Cr1.25%
Hindalco Industries LtdEquity50.42 Cr1.25%
V-Mart Retail LtdEquity44.36 Cr1.10%
Eris Lifesciences Ltd Registered ShsEquity43.18 Cr1.07%
UTI Asset Management Co LtdEquity41.06 Cr1.02%
PI Industries LtdEquity38.68 Cr0.96%
Restaurant Brands Asia Ltd Ordinary SharesEquity37.54 Cr0.93%
Varroc Engineering Ltd Ordinary SharesEquity37.28 Cr0.93%
Kajaria Ceramics LtdEquity37.14 Cr0.92%
Ami Organics LtdEquity36.43 Cr0.90%
SBI Cards and Payment Services Ltd Ordinary SharesEquity35.83 Cr0.89%
Syrma SGS Technology LtdEquity35.46 Cr0.88%
Barbeque-Nation Hospitality LtdEquity34.85 Cr0.87%
City Union Bank LtdEquity33.79 Cr0.84%
Gujarat State Petronet LtdEquity32.71 Cr0.81%
Tech Mahindra LtdEquity32.45 Cr0.81%
Flair Writing Industries LtdEquity32.07 Cr0.80%
Anant Raj LtdEquity31.56 Cr0.78%
Bajaj Finserv LtdEquity31.23 Cr0.78%
KNR Constructions LtdEquity24.63 Cr0.61%
Bajaj Finance LtdEquity23.91 Cr0.59%
Jio Financial Services LtdEquity23.88 Cr0.59%
Neogen Chemicals LtdEquity23.87 Cr0.59%
Piramal Enterprises LtdEquity22.34 Cr0.55%
A) RepoCash - Repurchase Agreement17.16 Cr0.43%
AIA Engineering LtdEquity13.44 Cr0.33%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity7.92 Cr0.20%

Allocation By Market Cap (Equity)

Large Cap Stocks

62.48%

Mid Cap Stocks

9.53%

Small Cap Stocks

24.74%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,288.12 Cr31.98%
Industrials613.36 Cr15.23%
Consumer Cyclical500.38 Cr12.42%
Technology320.41 Cr7.95%
Basic Materials278.88 Cr6.92%
Energy200.59 Cr4.98%
Communication Services181.9 Cr4.52%
Healthcare180.03 Cr4.47%
Utilities148.6 Cr3.69%
Consumer Defensive93.3 Cr2.32%
Real Estate91.57 Cr2.27%

Risk & Performance Ratios

Standard Deviation

This fund

12.73%

Cat. avg.

12.78%

Lower the better

Sharpe Ratio

This fund

1.01

Cat. avg.

1.01

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.93

Higher the better

Fund Managers

Sailesh Jain

Sailesh Jain

Since December 2021

TG

Tejas Gutka

Since March 2021

Additional Scheme Detailsas of 31st March 2024

ISININF277K01I86Expense Ratio0.73%Exit LoadNo ChargesFund Size₹4,028 CrAge13 Oct 2014Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4028.26 Cr34.8%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4028.26 Cr33.3%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35473.88 Cr33.8%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹3174.82 Cr31.9%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.8%0.0%₹3174.82 Cr30.5%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹47.33 Cr38.5%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.5%0.0%₹47.33 Cr36.2%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹301.77 Cr53.8%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹301.77 Cr51.1%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1603.92 Cr27.1%

About the AMC

Total AUM

₹1,48,598 Cr

Address

Mafatlal Centre, 9th Floor, Mumbai, 400 021

Other Funds by Tata Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Tata Silver ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹26.02 Cr-
Tata Gold ETF Fund of Fund Direct Growth

High Risk

0.1%0.0%₹49.49 Cr-
Tata Fixed Maturity Plan Series 56 Scheme G Direct Growth

Low to Moderate Risk

-0.0%--
Tata Fixed Maturity Plan Series 56 Scheme H Direct Growth

Low to Moderate Risk

-0.0%--
Tata Fixed Maturity Series E Direct Growth

Low to Moderate Risk

-0.0%--
Tata Balanced Advantage Fund Direct Growth

High Risk

0.3%1.0%₹8943.06 Cr23.0%
Tata Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹1977.81 Cr7.6%
Tata Business Cycle Fund Direct Growth

Very High Risk

0.3%1.0%₹2049.07 Cr52.7%
Tata Nifty India Digital ETF Fund of Fund Direct Growth

Very High Risk

0.1%1.0%₹48.30 Cr50.5%
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹840.12 Cr6.7%
Tata Floating Rate Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹219.73 Cr7.4%
Tata Small Cap Fund Direct Growth

Very High Risk

0.3%1.0%₹6236.38 Cr46.9%
Tata Large & Mid Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹6821.91 Cr34.3%
Tata Mid Cap Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹3348.40 Cr54.7%
Tata Hybrid Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹3688.01 Cr24.6%
Tata Ethical Fund Direct Growth

Very High Risk

0.8%0.0%₹2370.48 Cr31.6%
Tata Gilt Securities Fund Direct Growth

Moderate Risk

0.5%0.0%₹522.98 Cr7.9%
Tata Equity P/E Fund Direct Growth

Very High Risk

0.8%1.0%₹7300.73 Cr49.6%
Tata Infrastructure Fund Direct Growth

Very High Risk

1.3%0.0%₹1885.45 Cr68.4%
Tata Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2277.65 Cr7.4%
Tata Money Market Fund Direct Growth

Moderate Risk

0.1%0.0%₹14015.19 Cr7.8%
Tata Equity Savings Fund Direct Growth

Moderately High risk

0.4%0.0%₹137.57 Cr15.7%
Tata Young Citizens Fund Direct Growth

Very High Risk

2.2%1.0%₹326.46 Cr31.5%
Tata Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹17463.08 Cr7.3%
Tata Large Cap Fund Direct Growth

Very High Risk

0.1%1.0%₹2019.22 Cr34.4%
Tata Retirement Savings Moderate Fund Direct Growth

Very High Risk

0.6%1.0%₹1918.01 Cr32.4%
Tata Retirement Savings Conservative Fund Direct Growth

Moderately High risk

1.0%1.0%₹167.81 Cr14.9%
Tata Short Term Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹2322.90 Cr7.1%
Tata Retirement Savings Progressive Fund Direct Growth

Very High Risk

0.6%1.0%₹1749.88 Cr38.1%
Tata Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1033.99 Cr7.4%
Tata India Consumer Fund Direct Growth

Very High Risk

0.8%0.0%₹1895.39 Cr42.2%
Tata Digital India Fund Direct Growth

Very High Risk

0.3%0.0%₹9710.96 Cr39.2%
Tata Banking & Financial Services Fund Direct Growth

Very High Risk

0.5%0.0%₹1943.23 Cr25.8%
Tata Resources & Energy Fund Direct Growth

Very High Risk

0.8%0.0%₹520.15 Cr44.3%
Tata India Pharma & Healthcare Fund Direct Growth

Very High Risk

0.8%0.0%₹878.70 Cr52.6%
TATA Nifty G-SEC Dec 2029 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹171.57 Cr6.9%
Tata Multi Asset Opportunities Fund Direct Growth

Very High Risk

0.4%1.0%₹2605.17 Cr28.7%
Tata Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹2641.58 Cr36.3%
Tata Dividend Yield Fund Direct Growth

Very High Risk

0.5%1.0%₹828.09 Cr44.6%
Tata Housing Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹526.11 Cr39.7%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹10755.47 Cr8.5%
Tata Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹217.04 Cr7.0%
Tata Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1705.68 Cr6.8%
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹215.84 Cr66.7%
Tata CRISIL IBX Gilt Index-April 2026 Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1097.92 Cr6.9%
Tata Multicap Fund Direct Growth

Very High Risk

0.3%1.0%₹2835.84 Cr32.9%
Tata Treasury Advantage Fund Segregated Portfolio 1 Direct Growth

Low to Moderate Risk

-0.0%-154.6%
Tata Medium Term Fund Segregated Portfolio 1 Direct Growth

Moderate Risk

-1.0%-187.2%
Tata Corporate Bond Fund Segregated Portfolio 1 Direct Growth

Moderate Risk

-0.0%-116.5%
TATA Nifty G-Sec Dec 2026 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹104.90 Cr6.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Tata India Tax Savings Fund Direct Growth, as of 18-Apr-2024, is ₹42.91.
The fund has generated 34.77% over the last 1 year and 19.80% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 96.75% in equities, 0.00% in bonds, and 3.25% in cash and cash equivalents.
The fund managers responsible for Tata India Tax Savings Fund Direct Growth are:-
  1. Sailesh Jain
  2. Tejas Gutka