Tata ELSS Tax Saver Fund-Growth-Regular Plan

ELSS NAV 35.7097 0 08 December, 2023

Tata India Tax Savings Fund is an open-ended equity tax saving scheme which has a lock-in period of 3 years and has potential to provide an opportunity of wealth creation along with tax benefits to their investors. Tata India Tax Savings Fund G is a scheme of Tata Mutual Fund which is a proud part of the most respected and biggest names in the Indian mutual fund industry.

Fund Details

Category ELSS
Fund Type Open Ended
Investment Plan Growth
Launch Date 13 October, 2014
Benchmark NIFTY 500 TRI
Asset Size(Cr) 3582.2515700000004
ISIN No. INF277K01I52
Turn over 20%
Min Investment ₹ 500
Min SIP Investment ₹ 500
Min Addl Investment ₹ 500
Exit Load Nil
Expense Ratio 1.86
Fund Manager Sailesh Jain, Tejas Gutka
Fund House Tata Mutual Fund

Investment Returns (As on 08 Dec, 2023)

Duration Returns Benchmark Category
1 W -1.18% 1.58% 1.68%
1 M -1.69% 4.02% 3.64%
3 M 1.59% 1.44% 1.64%
6 M 16.32% 0.35% -0.87%
1 Y 13.94% 7.25% 5.63%
2 Y 12.47% 12.49% 11.19%
3 Y 21.19% 23.79% 23.4%
5 Y 16.06% 12.46% 9.95%

Risk Mesasures (As on 08 Dec, 2023)

Std Dev Sharpe Beta Alpha
Fund 22.17 0 2.53 0.77
Benchmark 0 0 0 0
Returns Compare with Others
  • 1Y
  • 3Y
  • 5Y

Portfolio (As on 30 Oct, 2023)

Assets Allocation

Sector Holdings
Others 2.83%

Return Calculator

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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
Tata ELSS Tax Saver Fund-Growth-Regular Plan 13.94% 21.19% 16.06%
ICICI Prudential ELSS Tax Saver Fund (Tax Saving) - Growth 13.77% 22.57% 14.68%
Mirae Asset Tax Saver Fund-Regular Plan-Growth 16.1% 21.49% 17.75%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 9.41% 14.92% 12.84%
ADITYA BIRLA SUN LIFE ELSS TAX SAVER FUND - Growth Option 10.11% 11.45% 8.84%

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TATA India Tax Savings Fund: Grow Your Wealth While Saving Taxes

TATA India Tax Savings Fund Growth is an open-ended equity growth scheme belonging to the ELSS category. Within a mere span of 3 years since its launch in October 2014, this fund has taken the mutual fund industry by the storm and has given trendsetting performances, raising the bar so high that it has become a tough battle to win for its competitors. Tata India Tax Savings Fund G comes with an inherent lock-in period of 3 years and has the dual benefit of tax advantage under section 80C of the Income Tax Act, 1961, and the potential to capture the opportunities for long-term wealth creation. Because of the 3-year lock-in period embedded in the scheme, the fund managers are able to manage the assets quite ably as it buys them time to devise a prudent asset allocation strategy, which ultimately leads to tapping the full wealth generation potential of the fund and adds stability to the corpus.

Tata India Tax Savings Fund G: A Brief Insight into ELSS Funds

Since this fund belongs to the ELSS category, it is important for you to understand what these funds actually mean and how do they benefit the investors. Simply speaking, ELSS is the tax saving investment schemes that provide the dual benefit of steady income generation and acting as a shield for your money against the dirty hands of the taxman by allowing you to take the advantage of deduction of up to Rs. 1,50,000 from your taxable income and thus, saving you up to Rs. 46350/- on your tax liability. Amongst all other tax saving instruments available out there, ELSS Funds bear the least lock-in period and also allow the freedom of starting SIP investment in them with an amount as little as Rs. 500.

TATA India Tax Savings Fund Growth: An Overview

The fund is a proud part of the most respected and biggest names in the Indian mutual fund industry, TATA Mutual Fund. This asset management company has established itself as a pioneer in the Indian money market, by releasing some of the top-notch and best products of mutual funds that has reciprocated immensely to the investors by making them earn better and live better.

It is always believed at TATA Mutual Fund that the investors should receive much more than what they have contributed to the fund, which is the reason why this group has expanded its name across the globe and has become a household name for the people. Working on the ideologies and belief of Mr. J.R.D. Tata, the doyen of industrialism in India, the AMC constantly strives to bring inconsistency in the performance of its scheme by applying value-based and highly integrated investment methodologies, which is the reason why the schemes of TATA MF are capable of beating the benchmark and setting new trends in the industry.

All About TATA India Tax Savings Fund Growth Performance

  • TATA India Tax Savings Fund Performance Graph: Whenever a product is launched in the mutual fund industry, it takes a considerable number of years for it to unfold its true potential and perform well in the market. But, this is not the case with TATA India Tax Savings Fund. Within a short period of merely 3 years, this fund has established itself as one of the top mutual funds in the ELSS category, by giving unbelievably high returns and beating the benchmark. If we talk about the returns that this fund yielded in the year 2017, the figure soars up to 46.00% against the category average of 38.5%. With such high figures under its belt, this scheme is all set to repaint the picture of the Indian market and break all the records and stereotypes that ever existed in the industry.
  • The NAV and Assets Under Management: Its NAV stood at a humble figure of Rs. 18.29 as of 31st January 2018. This price is easily affordable for a unit of such a high performing scheme, and analysing the returns that it has grabbed for the investors over time, it will be wise to put as much money as you can into this fund and enjoy great wealth creation. Also, the fund is basking in the glory of handling a large asset base that has soared up to Rs. 1092 crore, as recorded on 31st December 2017.
  • The Asset Allocation Strategy: For a scheme to beat the odds and come out of the storm with flying colours, it is very important to have a strong back support in terms of its investment strategy and asset allocation theory. Thankfully, the fund managers sitting in the command of the application of the corpus are well-versed with the movements of the Indian fiscal market, and have accordingly charted the best course for fund placement which includes 80-100% investment in equity and related instruments, 10-20% in listed debt instruments, as well as a judicious incorporation of money market and unlisted debt instruments.

To sum up, it can be said that TATA India Tax Savings Fund Growth Performance is a favourable choice for those who are eagerly waiting for a reliable investment option that could help them gain more money and cut down their tax liability, simultaneously. Since this scheme belongs to the ELSS category which is again the best option for saving taxes, you can put your confidence in it and start your SIP and also calculate the return via SIP calculator. However, it is recommended that you consult your financial advisor before you make any investment decision, as he’ll be able to guide you in a better way and save you from falling into any pitfalls. Also, we at MySIPonline, provide unbiased financial consultancies to our investors and help them pick the best products to add to their portfolio. Further, the clients have the freedom to access our highly integrated and research-based advice in the form of the fund suggestions that we give on our website, all of which have been suggested by our expert team of fund managers and analysts after doing an extensive market study.

You can also plan your investment with top 5 tax saving investment plans.

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If there’s somebody out there looking for a great fund, then TATA India Tax Savings Fund is highly recommended. I personally have invested in this fund and I’m more than happy by its performance. This fund just matches my needs perfectly, and offers plenty of flexibility to mould my SIP plan. my sip online is a great bunch of people, who are always ready to help you with any doubt that you may have. I love it!
Kajal Sachdeva Mumbai, Maharashtra
If I have to talk about my tax problems today, then I’d say they are history. Thanks to the terrific growth scheme, TATA India Tax Savings Fund, that TATA Mutual Fund has brought to the plate. Also, a big thank you to the team mysip who helped me on every step of my investments. At times when I was completely blank, their team was there to pull me out of the confusion. I HIGHLY recommend mysiponline!
Ayushi Lalwani Pune, Maharashtra
My friend suggested me to invest in TATA India Tax Savings Fund, and boy! It was the best suggestion that I ever got in my life. It gives my eyes great pleasure to see my funds climbing new heights, every day. Also, if I need assistance with anything, I just have to call the support desk of mysiponline. They don’t fool you around, and always give honest answers. My experience was simply amazing with mysiponline
Sharukh Goswami Hyderabad, Andhra Pradesh
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