Tata India Tax Saving Fund (Equity, Equity Elss)

Moderately High
23 yrs 10 monthsStarted on:31 Mar 1996
₹ 2093.92 Cras on: 21 Jan 2020
Long Term Horizon
1.98%
Capital Appreciation

Minimum Investment

  • ₹ 500.00 for Lumpsum

Investment Objective

The scheme seeks long-term capital growth. Investments in equity would be at least 80 per cent of the corpus, while allocation to debt and money market instruments can go up to 20 per cent.

Exit Load

Investment in this scheme qualifies for deduction U/s 80C of IT Act 1961; hence all units including dividend re-investment units are under lock-in for a period of 3 years from the date of allotment; Entry load: NIL - Exit Load: NIL.

Scheme Documents

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Tenure

TenureReturns (CAGR)
YTD0.59
1 Month0.19
3 Month5.31
1 YR14.20
2 YR2.03
3 YR13.22

SIP Returns

TenureReturns (CAGR)
1 YR13.75
2 YR9.4
3 YR8.48
5 YR10.81
10 YR14.29

Portfolio

Company Name% Assets
ICICI Bank Ltd.9.78
State Bank of India8.49
HDFC Bank Ltd.7.79
Housing Development Finance Corpn. Ltd.6.51
Infosys Ltd.5.87
Axis Bank Ltd.5.4
Reliance Industries Ltd.5.28
Kotak Mahindra Bank Ltd.3.98
Tata Consultancy Services Ltd.3.1
Bajaj Finance Ltd.3.03

Top Sectoral Holdings

Sector Name% Assets
Financial45.51
Energy9.78
Technology8.96
Construction7.17
Healthcare5.39
FMCG5.24
Services4.32
Cons Durable4.05
Engineering2.5
Communication2.07

Indicators

LabelValue
Portfolio turnover ratio25.13
Standard Deviation14.4%
Beta0.96%
Sharpe Ratio0.65

Rupesh Patel,Ennettee Fernandes

Mr. Rupesh is a B.E.(Civil) and MBA (Finance)Ms. Fernandes is B.com & PGDBM
He served as the Tata Asset Management Limited's Principal Officer of PMS from January 2012 to June 2013. Mr. Patel was the Deputy General Manager of Investments at the Tata Asset Management Limited from May 2008 to January 2012. Prior to this, he served as an Assistant Vice President of Investments at Indiareit Fund Advisors Pvt. Ltd. from August 2007 to April 2008. He was a Deputy General Manager at Credit Analysis & Research Ltd. until August 2007. Mr. Patel served as an Analyst and Manager at the Credit Analysis & Research. He had joined the Credit Analysis & Research in November 2001. Prior to joining TATA Mutual Fund she has worked with Phillip Capital India Pvt. Limited as Junior Research Analyst on FMCG sector.

Other Funds Managed by Rupesh Patel,Ennettee Fernandes