Tata ELSS Tax Saver Fund-IDCW
(Scheme Rating)
NAV as of Aug 30, 2024
105.790.60%
(Earn upto 1.11% Extra Returns with Direct Plan)
Fund Category:
Equity: ELSS
Expense Ratio:
1.80%(1.94% Category
average)Fund Size:
Rs. 4,722.04 Cr(1.88% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Tata ELSS Tax Saver Fund-IDCW
(Scheme Rating)
NAV as of Aug 30, 2024
105.790.60%
Expense Ratio:
1.80%
Fund Size:
Rs. 4,722.04 Cr
Fund Category:
Equity: ELSS
1. Current NAV: The Current Net Asset Value of the Tata ELSS Tax Saver Fund as of Aug 30, 2024 is Rs 105.79 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 36.67% (1yr), 19.96% (3yr), 20.8% (5yr) and 18.99% (since launch). Whereas, Category returns for the same time duration are: 41.97% (1yr), 19.87% (3yr) and 22.5% (5yr).
3. Fund Size: The Tata ELSS Tax Saver Fund currently holds Assets under Management worth of Rs 4722.04 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 1.81% for Regular plan as on Aug 08, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
Tata ELSS Tax Saver Fund-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.05 15.59 21.50 37.42 19.12 21.03 Category Avg 1.31 13.06 19.61 41.90 19.07 22.62 Rank within Category 8 6 9 27 15 23 No. of funds within Category 38 38 38 38 33 32 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Tata ELSS Tax Saver Fund-IDCW Fund Details
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.
Fund House | Tata Mutual Fund |
Launch Date | Mar 31, 1996 |
Benchmark | NIFTY 500 Total Return Index |
Return Since Launch | 19.01% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Above Average |
Return Grade | Average |
Tata ELSS Tax Saver Fund-IDCW Investment Details
Minimum Investment (Rs.) | 500.00 |
Minimum Additional Investment (Rs.) | 500.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 56 | 59 | 59 | 57 | 56 | 56 |
Top 5 Company Holdings | 24.28% | 24.67% | 24.75% | 27.12% | 28.03% | 28.04% |
Top 10 Company Holdings | 39.18% | 39.72% | 39.9% | 41.83% | 42.77% | 42.19% |
Company with Highest Exposure | HDFC Bank (5.9%) | HDFC Bank (6.38%) | HDFC Bank (6.29%) | HDFC Bank (7.82%) | HDFC Bank (7.76%) | HDFC Bank (7.55%) |
Number of Sectors | 15 | 15 | 15 | 15 | 15 | 15 |
Top 3 Sector Holdings | 45.27% | 46.68% | 46.5% | 47.92% | 47.66% | 47.35% |
Top 5 Sector Holdings | 59.88% | 60.95% | 61.14% | 63.25% | 63.55% | 63.61% |
Sector with Highest Exposure | Financial (27.0%) | Financial (27.66%) | Financial (28.11%) | Financial (29.76%) | Financial (29.46%) | Financial (29.11%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 5.9 18.27 89.60 3.03 ICICI Bank Financial 5.47 18.65 65.91 26.26 Infosys Technology 4.59 30.28 64.20 36.38 Reliance Industries Energy 4.3 29.72 101.60 25.68 State Bank of India Financial 4.02 10.55 77.28 41.69 Axis Bank Financial 3.21 13.59 86.50 19.85 NTPC Energy 3.04 18.85 22.08 85.39 Bharti Airtel Communication 2.97 96.53 16.46 83.10 Larsen & Toubro Construction 2.85 38.15 97.11 35.47 Samvardhana Motherson Automobile 2.83 42.56 4.59 101.85
![Discover Mutual Funds](/https/economictimes.indiatimes.com/photo/msid-100097201,quality-100/discover-mf.jpg)
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Tata ELSS Tax Saver Fund-IDCW 105.16 4,722.04 2.05 37.42 19.12 21.03 Quant ELSS Tax Saver Fund-IDCW 56.17 11,065.42 -1.51 50.85 25.69 35.96 Bank of India ELSS Tax Saver Fund Regular-IDCW 33.67 1,484.56 -0.50 53.84 21.05 29.26 SBI Long Term Equity Fund Regular - IDCW 90.31 27,527.24 0.76 57.48 27.72 27.69 Franklin India ELSS Tax Saver Fund-IDCW 72.86 7,059.91 1.66 46.18 22.53 23.21
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
13.26VS13.17Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.96VS0.90Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
1.06VS1.12Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
14.60VS16.59Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
0.00VS1.63Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
19.59VS20.24Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Tata Mutual Fund News
- NFO Tracker: Tata Mutual Fund launches Nifty200 Alpha 30 Index Fund
- Fund Manager Talk | Not shifting focus from active to passive, says Tata MF
- NFO Watch: Tata Nifty India Tourism Index Fund is open for subscription. Key things to know
- NFO Watch: Tata Mutual Fund launches Tata Nifty India Tourism Index Fund
Fund Manager
- S.J.Sailesh JainSince Dec 20216 schemes
- T.G.Tejas GutkaSince Mar 20212 schemes
Mr. Jain is a Commerce Graduate and an MBA. Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Tata Balanced Advantage Fund Regular-IDCW Dynamic Asset Allocation 20.24 10,051.50 21.64 Tata Multi Asset Opportunities Fund Regular-IDCW Multi Asset Allocation 22.54 3,187.72 26.69 Tata Equity Savings Fund Regular-IDCW Equity Savings 25.11 157.95 16.65 Tata Business Cycle Fund Regular - IDCW Thematic 19.88 Unrated 2,775.86 45.63 Tata Dividend Yield Fund Regular - IDCW Thematic-Dividend Yield 18.56 Unrated 1,037.66 38.75 Tata Quant Fund Regular-IDCW Thematic 16.36 Unrated 67.24 33.72 Mr. Gutka is a BSc, MMS (Finance) Prior to joining Tata Mutual Fund, he has worked with Tamohara Investment Managers, Barclays Securities India Pvt Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Tata Multicap Fund Regular - IDCW Multi Cap 15.18 Unrated 3,279.00 30.81 Tata Housing Opportunities Fund Regular - IDCW Thematic 16.41 Unrated 637.81 35.40
More Tata Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Tata Liquid Fund Regular-Growth | 21,011.58 | 0.59 | 1.84 | 3.70 | 7.24 | 5.65 | |
Tata Money Market Fund Regular-Growth | 18,756.93 | 0.63 | 1.93 | 3.91 | 7.47 | 5.96 | |
Tata Arbitrage Fund Regular - Growth | 11,828.86 | 0.66 | 1.95 | 4.03 | 7.68 | 5.54 | |
Tata Balanced Advantage Fund Regular - Growth | 9,275.70 | 2.69 | 5.74 | 10.01 | 21.40 | 12.92 | |
Tata Digital India Fund Regular-Growth | 9,223.32 | 4.28 | 1.26 | 5.25 | 32.98 | 13.86 | |
Tata Equity PE Fund Regular-Growth | 7,904.83 | 6.42 | 18.61 | 22.40 | 51.44 | 25.53 | |
Tata Large & Mid Cap Fund Regular-Growth | 7,285.94 | 6.18 | 12.79 | 17.35 | 31.92 | 19.55 | |
Tata Small Cap Fund Regular - Growth | 7,083.38 | 5.40 | 23.36 | 20.63 | 43.95 | 27.42 | |
Tata ELSS Tax Saver Fund-Growth | 4,199.87 | 7.80 | 14.43 | 15.02 | 35.71 | 19.62 | |
Tata Overnight Fund Regular - Growth | 3,907.60 | 0.55 | 1.64 | 3.30 | 6.71 | 5.30 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Edelweiss Mutual Fund
- Tata Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
1. Tata ELSS Tax Saver Fund is Open-ended ELSS Equity scheme which belongs to Tata Mutual Fund House.
2. The fund was launched on Mar 31, 1996.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 95.57% in equities, 0.0% in debts and 4.43% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 39.18% of the assets, the top 3 sectors constitute around 45.27% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Tata ELSS Tax Saver Fund-IDCW
1. Short-term Capital Gain Tax - STCG is not applicable on ELSS schemes since these have a lock-in period of 3 years.
2. Investment into ELSS schemes qualify for tax deduction under Section 80C of the Indian Income Tax Act.
3. Gains of more than Rs. 1 lakh after completion of 3 years will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Tata ELSS Tax Saver Fund-IDCW
- Is it safe to invest in Tata ELSS Tax Saver Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the Tata ELSS Tax Saver Fund comes under Very High risk category.
- What is the category of Tata ELSS Tax Saver Fund?Tata ELSS Tax Saver Fund belongs to the Equity : ELSS category of funds.
- How Long should I Invest in Tata ELSS Tax Saver Fund?The suggested investment horizon of investing into Tata ELSS Tax Saver Fund is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Tata ELSS Tax Saver Fund?The Tata ELSS Tax Saver Fund is managed by Sailesh Jain (Since Dec 16, 2021) and Tejas Gutka (Since Mar 09, 2021).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.