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  ₹29.7686 ↑ 0.26  (0.90 %) as on 26 May 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 13.5% 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 26 May 23₹29.7686 ↑ 0.26  (0.90 %)
Net Assets (AUM) as on 30 Apr 2023 ₹3,174 Cr.
Launch Date13 Oct 2014
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCTata Asset Management Limited
Alpha Ratio1.67
Expense Ratio0.0 %
Sharpe Ratio0.072
Information Ratio-0.64
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 26 May 23

DurationReturns
1 Month 3.6%
3 Month 3.9%
6 Month -1.7%
1 Year 15.2%
3 Year 27.5%
5 Year 11.5%
10 Year
15 Year
Since launch 13.5%

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 Apr 18₹10,000
30 Apr 19₹10,098
30 Apr 20₹8,706
30 Apr 21₹12,808
30 Apr 22₹15,233
30 Apr 23₹16,155
TATA India Tax Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.41%
Equity97.59%
TATA India Tax Savings Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services36.13%
Industrials17.36%
Consumer Cyclical9.7%
Technology7.84%
Basic Materials5.22%
Energy5.15%
Communication Services5.03%
Health Care4.86%
Utility2.69%
Consumer Defensive2.31%
Real Estate1.31%
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 - Regional7%₹220 Cr1,305,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
Banks - Regional7%₹213 Cr2,325,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹163 Cr675,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
Mortgage Finance5%₹160 Cr575,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
Information Technology Services5%₹145 Cr1,160,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
Banks - Regional5%₹145 Cr2,500,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | AXISBANK
Banks - Regional4%₹126 Cr1,465,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LT
Engineering & Construction3%₹92 Cr390,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
Telecom Services3%₹91 Cr1,140,000
Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | RADICO
Beverages - Wineries & Distilleries2%₹73 Cr650,000
1 - 10 of 56
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
Tejas Gutka9 Mar 212.14 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
₹72.2681
↑ 0.64
-5.82 %2.17 %22.32 %7.65 %
Tata India Tax Savings Fund
Growth
₹29.7686
↑ 0.26
-1.69 %15.16 %27.54 %11.47 %
Data as on 26 May 23

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