Table of Contents 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 Below is the key information for Tata India Tax Savings Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis TATA India Tax Savings Fund - G
Scheme Objective
CAGR
return of 14.8% since its launch. Ranked 1 in ELSS
category. Return for 2023 was 24% , 2022 was 5.9% and 2021 was 30.4% . NAV as on 18 Mar 24 ₹36.7341 ↑ 0.03 (0.09 %) Net Assets (AUM) as on 31 Jan 2024 ₹3,987 Cr. Launch Date 13 Oct 2014 Category Equity - ELSS Rating ☆☆☆☆☆ Type Open Ended Fund Risk Moderately High AMC Tata Asset Management Limited Alpha Ratio -2.15 Expense Ratio 1.75 % Sharpe Ratio 1.663 Information Ratio -0.44 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 1 Month -1.9% 3 Month 0.5% 6 Month 8.2% 1 Year 31.7% 3 Year 16.8% 5 Year 15.5% 10 Year 15 Year Since launch 14.8% Historical Annual Returns
Year Returns 2023 24% 2022 5.9% 2021 30.4% 2020 11.9% 2019 13.6% 2018 -8.4% 2017 46% 2016 2.1% 2015 13.3% Growth of 10k Over Years
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,916 28 Feb 21 ₹13,936 28 Feb 22 ₹16,090 28 Feb 23 ₹16,987 29 Feb 24 ₹22,339 Asset Allocation
Asset Class Value Cash 2.03% Equity 97.97% Sector Allocation
Sector Value Financial Services 31.44% Industrials 15.89% Consumer Cyclical 12.46% Technology 8.86% Basic Materials 6.95% Energy 4.83% Communication Services 4.56% Health Care 4.22% Utility 3.6% Consumer Defensive 2.71% Real Estate 2.46% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANKBanks - Regional 8% ₹316 Cr 2,160,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANKBanks - Regional 6% ₹239 Cr 2,325,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFYInformation Technology Services 5% ₹193 Cr 1,160,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCEOil & Gas Refining & Marketing 5% ₹193 Cr 675,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBINBanks - Regional 4% ₹160 Cr 2,500,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215Banks - Regional 3% ₹139 Cr 1,300,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LTEngineering & Construction 3% ₹123 Cr 352,147 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTLTelecom Services 3% ₹110 Cr 940,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 21 | 532555Utilities - Regulated Electric 3% ₹110 Cr 3,451,000 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | RADICOBeverages - Wineries & Distilleries 3% ₹108 Cr 650,000
Talk to our investment specialistFund Managers
Name Since Tenure Sailesh Jain 16 Dec 21 2.21 Yr. Tejas Gutka 9 Mar 21 2.98 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address Tata Mutual Fund 1903, B-Wing, Parinee Crescenzo,,G-Block, Bandra Kurla Complex, Bandra East Mumbai 400051 Auditors
Company Address Deloitte Haskins & Sells LLP 12, 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 Plan NAV 6 Month 1 Year 3 Year 5 Year Tata India Tax Savings Fund
Normal Dividend, Payout ₹85.5539
↑ 0.08 3.76 % 26.28 % 14.62 % 13.12 % Tata India Tax Savings Fund
Growth ₹36.7341
↑ 0.03 8.15 % 31.7 % 16.82 % 15.53 % Data as on 18 Mar 24