fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » TATA India Tax Savings Fund

TATA India Tax Savings Fund - G

NAV  ₹35.6439 ↓ -0.01  (-0.03 %) as on 7 Dec 23

Scheme Objective

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation..

Tata India Tax Savings Fund is a Equity - ELSS fund launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR return of 14.9% since its launch.  Ranked 1 in ELSS category.  Return for 2022 was 5.9% , 2021 was 30.4% and 2020 was 11.9% .

Below is the key information for Tata India Tax Savings Fund

NAV as on 7 Dec 23₹35.6439 ↓ -0.01  (-0.03 %)
Net Assets (AUM) as on 31 Oct 2023 ₹3,478 Cr.
Launch Date13 Oct 2014
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCTata Asset Management Limited
Alpha Ratio-0.4
Expense Ratio1.75 %
Sharpe Ratio0.253
Information Ratio-0.16
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Dec 23

DurationReturns
1 Month 8.1%
3 Month 5.6%
6 Month 17%
1 Year 16.9%
3 Year 19.8%
5 Year 16.6%
10 Year
15 Year
Since launch 14.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 5.9%
2021 30.4%
2020 11.9%
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014

Growth of 10k Over Years

DateValue
30 Nov 18₹10,000
30 Nov 19₹11,477
30 Nov 20₹12,029
30 Nov 21₹16,271
30 Nov 22₹18,279
30 Nov 23₹20,541
TATA India Tax Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.98%
Equity95.02%
TATA India Tax Savings Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services32.81%
Industrials16%
Consumer Cyclical11.64%
Technology8.64%
Basic Materials5.92%
Communication Services4.65%
Energy4.44%
Health Care4.13%
Utility3.05%
Consumer Defensive2.27%
Real Estate1.47%
TATA India Tax Savings Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
Banks - Regional9%₹319 Cr2,160,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
Banks - Regional6%₹213 Cr2,325,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
Information Technology Services5%₹159 Cr1,160,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
Oil & Gas Refining & Marketing4%₹154 Cr675,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
Banks - Regional4%₹141 Cr2,500,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
Banks - Regional4%₹128 Cr1,300,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LT
Engineering & Construction3%₹103 Cr352,147
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
Telecom Services2%₹86 Cr940,000
NTPC Ltd (Utilities)
Equity, Since 30 Jun 21 | 532555
Utilities - Regulated Electric2%₹81 Cr3,451,000
Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | RADICO
Beverages - Wineries & Distilleries2%₹79 Cr650,000
1 - 10 of 57
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Sailesh Jain16 Dec 211.87 Yr.
Tejas Gutka9 Mar 212.65 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Tata Mutual Fund1903, B-Wing, Parinee Crescenzo,,G-Block, Bandra Kurla Complex, Bandra East Mumbai 400051

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli
M/s BSR & Co.KPMG House, Kamala Mills Compound,448 Senapati Bapat Marg,Lower Parel

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Tata India Tax Savings Fund
Normal Dividend, Payout
₹86.5318
↓ -0.03
16.95 %12.01 %14.9 %12.63 %
Tata India Tax Savings Fund
Growth
₹35.6439
↓ -0.01
16.95 %16.92 %19.8 %16.62 %
Data as on 7 Dec 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.