Insights of Tata India Tax Savings Fund

Mutual Fund

Tata India Tax Savings Fund is an open-ended equity ELSS fund. The launch date of this fund is 31st March 1996. Tata India Tax Savings Fund is managed by Mr. Rupesh Patel and Ms. Ennette Fernandes. 

Tata India Tax Savings Fund is doing well over the years the last ten years, five years and three years return of this fund is 18.48%, 17.56%, and 15.58%. The return since the launch of Tata India Tax Savings Fund is 19.09%. You can invest in ELSS Mutual Fund to save your tax under section 80C and also you will get high returns as this fund invests in equity. The minimum investment for Tata India Tax Savings Fund is Rs. 500 which is very low. You can invest in both Tata India Tax Savings Fund Growth and Tata India Tax Savings Fund Dividend but it is advisable to invest in Tata India Tax Savings Fund growth for a better return. The expense ratio for Tata India Tax Savings Fund regular is 2.10% (as per 28th Feb 2019). The AUM of Tata India Tax Savings Fund is Rs. 1770cr (as on 31st Mar 2019). You also can invest in mutual fund online. Tata India Tax Savings Fund has 97.81% investment in Indian stocks of which 78.55% is in large-cap stocks, 11.91% is in mid-cap stocks and 7.36% is in small-cap stocks and 0.76% in debt securities. Investors who are looking for tax saving and investing for same time Tata India Tax Savings Fund is best for them. It comes with three years of lock-in periods. And Investor also can face moderate losses.

Top 10 holdings of Tata India Tax Savings Fund (10/04/2019)

S.No. Name of Holding Net Assets (%)
1 ICICI BANK LTD 9.08
2 HDFC BANK LTD 7.34
3 INFOSYS LTD 7.06
4 AXIS BANK LTD 6.59
5 STATE BANK OF INDIA 5.62
6 RELIANCE INDUSTRIES LTD 3.85
7 KOTAK MAHINDRA BANK LTD 3.73
8 HOUSING DEVELOPMENT FINANCE CORPORATION LTD 3.45
9 ITC LTD 3.19
10 HAVELLS INDIA LTD 2.86

Top 5 Sectors of Tata India Tax Savings Fund(10/04/2019)

S.No. Name of Holding Net Assets (%)
1 Bank – Private 26.74
2 IT – Software 9.89
3 Retailing 6.66
4 Engineering – Construction 6.46
5 Bank – Public 5.62

Tata India Tax Savings Fund

  • Fund Manager- Mr. Rupesh Patel and Ms. Ennette Fernandes. 
  • Expense Ratio- 2.10% (31st March 2019)
  • Launch Date- 31st March 1996
  • Benchmark- S&P BSE Sensex TRI
  • Risk- Moderately High
  • AUM Size- Rs.1770cr. (31st March 2019)
  • Return Since Launch- 19.09%

Performance

  1-Year 3-Year 5-Year 10-Year
Fund 2.24 15.58 17.56 18.48
S&P BSE Sensex TRI 15.31 17.53 12.73 15.21
Category 0.48 14.13 14.82 16.68
Rank within Category 12 9 4 5
Number of funds in category 36 34 29 26

As on Apr 10, 2019

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