Tata Equity Savings Fund Direct-IDCW
(Scheme Rating)
NAV as of Aug 29, 2024
28.700.01%
- IDCW - Direct
(Earn upto 0.63% Extra Returns with Direct Plan)
Fund Category:
Hybrid: Equity Savings
Expense Ratio:
0.48%(0.66% Category
average)Fund Size:
Rs. 157.95 Cr(0.43% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Tata Equity Savings Fund Direct-IDCW
(Scheme Rating)
NAV as of Aug 29, 2024
28.700.01%
Expense Ratio:
0.48%
Fund Size:
Rs. 157.95 Cr
Fund Category:
Hybrid: Equity Savings
1. Current NAV: The Current Net Asset Value of the Tata Equity Savings Fund - Direct Plan as of Aug 29, 2024 is Rs 28.70 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 17.47% (1yr), 10.23% (3yr), 10.86% (5yr) and 8.92% (since launch). Whereas, Category returns for the same time duration are: 16.41% (1yr), 9.59% (3yr) and 10.42% (5yr).
3. Fund Size: The Tata Equity Savings Fund - Direct Plan currently holds Assets under Management worth of Rs 157.95 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.48% for Direct plan as on Aug 05, 2024.
5. Exit Load: Tata Equity Savings Fund - Direct Plan shall attract an Exit Load, "For units more than 12% of the investments, an exit load of 0.25% if redeemed within 90 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
Tata Equity Savings Fund Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.59 4.26 7.79 17.46 10.22 10.94 Category Avg 0.83 4.98 7.91 16.25 9.56 10.49 Rank within Category 15 17 15 13 13 13 No. of funds within Category 22 22 22 22 22 22 - Loading...
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Return Comparison
- This Fund
- BenchmarkEdelweiss Equity Savings Direct-IDCW
Choose from Benchmarks
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- Nifty 50
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Tata Equity Savings Fund Direct-IDCW Fund Details
Investment Objective - The scheme aims to provide long term capital appreciation by investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments.
Fund House | Tata Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | NIFTY Equity Savings Total Return Index |
Return Since Launch | 8.91% |
Riskometer | Low to Moderate |
Type | Open-ended |
Risk Grade | Below Average |
Return Grade | Average |
Tata Equity Savings Fund Direct-IDCW Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load For units more than 12% of the investments, an exit load of 0.25% if redeemed within 90 days. |
Portfolio Allocation
Equity
Debt
Asset Allocation
Loading...Asset Allocation History
Loading...EquityDebtCashSector Allocation
Loading...Market Cap Allocation
Loading...Concentration & Valuation Analysis
JUL 2024 JUN 2024 MAY 2024 APR 2024 MAR 2024 FEB 2024 Number of Holdings 47 47 55 56 56 56 Top 5 Company Holdings 27.26% 26.25% 26.98% 27.57% 28.21% 26.46% Top 10 Company Holdings 48.78% 46.83% 46.59% 47.58% 48.24% 46.41% Company with Highest Exposure Ambuja Cements (6.28%) Ambuja Cements (6.27%) Ambuja Cements (6.25%) Ambuja Cements (6.39%) Ambuja Cements (6.82%) Ambuja Cements (6.63%) Number of Sectors 10 10 12 12 12 12 Top 3 Sector Holdings 13.47% 13.27% 17.17% 18.03% 18.07% 17.83% Top 5 Sector Holdings 16.7% 16.5% 22.67% 23.51% 23.39% 22.84% Sector with Highest Exposure Financial (6.82%) Financial (6.91%) Financial (8.66%) Financial (9.15%) Financial (8.84%) Financial (8.47%)
Top Stock Holdings
Sector Holdings in MF
Debt Holdings in Portfolio
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Ambuja Cements Materials 6.28 45.81 13.47 38.83 Larsen & Toubro Construction 5.59 38.15 97.11 35.47 Aurobindo Pharma Healthcare 5.4 26.11 60.10 88.60 Bharti Airtel Communication 5.28 96.53 16.46 83.10 Adani Ports and Special Economic Zone Services 4.61 35.14 42.17 79.23 Hindustan Unilever Consumer Staples 4.6 63.17 43.98 10.26 Reliance Industries Energy 4.57 29.72 101.60 25.68 State Bank of India Financial 3.97 10.55 77.28 41.69 Tata Consultancy Technology 3.77 35.15 129.55 33.64 ITC Consumer Staples 3.63 30.65 16.38 14.77
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Cumulative Return data not available for this fund
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.
Low Volatality
4.16VS4.48Fund 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.
Moderate Volatility
0.70VS0.70Fund 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.
Better risk-adjusted returns
1.16VS1.12Fund 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
6.88VS7.33Fund 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
1.33VS1.50Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
10.37VS10.51Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
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Fund Manager
- M.N.Murthy NagarajanSince Apr 20177 schemes
- S.J.Sailesh JainSince Nov 20186 schemes
- T.P.Tapan PatelSince Aug 20233 schemes
Mr. Nagarajan is a M.Com, ICWA and PGPMS. Prior to joining Tata AMC he has worked with Quantum AMC as head fixed income, Mirae Asset Global Investment India Ltd..
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Tata Multi Asset Opportunities Fund Direct-IDCW Multi Asset Allocation 24.38 3,187.72 28.64 Tata Short Term Bond Direct Plan-IDCW Short Duration 26.19 2,311.88 8.03 Tata Hybrid Equity Fund Direct Plan-IDCW Aggressive Hybrid 116.00 4,241.61 29.83 Tata Multicap Fund Direct - IDCW Multi Cap 15.58 Unrated 3,279.00 32.99 Tata Housing Opportunities Fund Direct - IDCW Thematic 16.99 Unrated 637.81 37.70 Tata Business Cycle Fund Direct - IDCW Thematic 20.92 Unrated 2,775.86 48.00 Tata Dividend Yield Fund Direct - IDCW Thematic-Dividend Yield 19.69 Unrated 1,037.66 41.17 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 Direct-IDCW Dynamic Asset Allocation 22.16 10,051.50 23.33 Tata ELSS Tax Saver Fund Direct-IDCW ELSS 233.94 4,722.04 38.02 Tata Multi Asset Opportunities Fund Direct-IDCW Multi Asset Allocation 24.38 3,187.72 28.64 Tata Business Cycle Fund Direct - IDCW Thematic 20.92 Unrated 2,775.86 48.00 Tata Dividend Yield Fund Direct - IDCW Thematic-Dividend Yield 19.69 Unrated 1,037.66 41.17 Tata Quant Fund Direct-IDCW Thematic 17.65 Unrated 67.24 35.76 Mr. Patel has done BBA, CFA and MFA from ICFAI Prior to joining Tata Mutual Fund, he has worked with HDFC Securities Ltd, LKP Securities Ltd, Kotak Commodity Services Pvt. Ltd and Edelweiss Comtrade Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Tata Multi Asset Opportunities Fund Direct-IDCW Multi Asset Allocation 24.38 3,187.72 28.64 Tata Silver ETF FoF Direct - IDCW Silver 11.73 Unrated 46.50 - Tata Gold ETF FoF Direct - IDCW Gold 11.40 Unrated 77.08 -
More Tata Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Tata Liquid Fund Direct-Growth | 21,011.58 | 0.60 | 1.87 | 3.76 | 7.37 | 5.77 | |
Tata Money Market Fund Direct-Growth | 18,756.93 | 0.65 | 2.00 | 4.05 | 7.74 | 6.22 | |
Tata Arbitrage Fund Direct - Growth | 11,828.86 | 0.72 | 2.15 | 4.44 | 8.53 | 6.37 | |
Tata Balanced Advantage Fund Direct - Growth | 9,275.70 | 2.81 | 6.10 | 10.77 | 23.10 | 14.65 | |
Tata Digital India Fund Direct-Growth | 9,223.32 | 4.40 | 1.60 | 5.97 | 34.79 | 15.62 | |
Tata Equity PE Fund Direct-Growth | 7,904.83 | 6.51 | 18.90 | 23.00 | 52.92 | 26.81 | |
Tata Large & Mid Cap Fund Direct Plan-Growth | 7,285.94 | 6.28 | 13.09 | 18.01 | 33.34 | 20.86 | |
Tata Small Cap Fund Direct - Growth | 7,083.38 | 5.53 | 23.80 | 21.50 | 46.04 | 29.63 | |
Tata ELSS Tax Saver Fund Direct-Growth | 4,199.87 | 7.90 | 14.75 | 15.66 | 37.23 | 21.06 | |
Tata Overnight Fund Direct - Growth | 3,907.60 | 0.56 | 1.67 | 3.36 | 6.84 | 5.42 |
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1. Tata Equity Savings Fund - Direct Plan is Open-ended Equity Savings Hybrid scheme which belongs to Tata Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to provide long term capital appreciation by investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments. "
2. It is benchmarked against NIFTY Equity Savings Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 20.85% in equities, 17.19% in debts and 63.3% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 48.78% of the assets, the top 3 sectors constitute around 13.47% 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.
4. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
Tax Implications on Tata Equity Savings Fund Direct-IDCW
Hybrid funds which usually invest 65% or more in equity & equity-related instruments will be taxed like Equity funds and those which invest up to 35% in equity & equity-related instruments will be taxed like the new taxation structure of debt funds. Also, the hybrid funds which invest between 35-65% in equity & equity-related instruments will be taxed as per the old taxation structure of debt funds. Generally, tax implications are based on the average asset allocation of the last 12 months in which the fund has invested. However, since the market is dynamic, asset allocation towards equity may increase or decrease depending on the prevailing market & economic conditions. So, the tax treatment of the given fund will vary accordingly and will be determined by its asset allocation. Below are the tax implications from the equity as well as debt side:
For Hybrid funds with 65% and above allocation in equity & equity related instruments:
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of up to Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
For Hybrid funds with 35-65% allocation in equity & equity related instruments:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
For Hybrid funds with 0-35% allocation in equity & equity related instruments:
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Tata Equity Savings Fund Direct-IDCW
- Is it safe to invest in Tata Equity Savings Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Tata Equity Savings Fund - Direct Plan comes under Low to Moderate risk category.
- What is the category of Tata Equity Savings Fund - Direct Plan?Tata Equity Savings Fund - Direct Plan belongs to the Hybrid : Equity Savings category of funds.
- How Long should I Invest in Tata Equity Savings Fund - Direct Plan?The suggested investment horizon of investing into Tata Equity Savings Fund - Direct Plan is 1 – 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 Equity Savings Fund - Direct Plan?The Tata Equity Savings Fund - Direct Plan is managed by Murthy Nagarajan (Since Apr 01, 2017) , Sailesh Jain (Since Nov 09, 2018) and Tapan Patel (Since Aug 11, 2023).
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