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Tata India Tax Savings Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House :
  • NAV
    : ₹ 31.5916 1.8%
    (as on 04th October, 2022)
Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 98.64% investment in domestic equities of which 56.55% is in Large Cap stocks, 12.01% is in Mid Cap stocks, 15.57% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 04th October, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 27-Sep-22 10198.20 1.98% - 2.01% 27/55
1 Month 02-Sep-22 9896.20 -1.04% - -0.46% 39/55
3 Month 04-Jul-22 11187.00 11.87% - 12.46% 26/55
6 Month 04-Apr-22 9894.30 -1.06% - 0.40% 36/55
YTD 31-Dec-21 10239.80 2.40% - 1.71% 23/55
1 Year 04-Oct-21 10354.80 3.55% 3.55% 2.53% 21/55
2 Year 01-Oct-20 16293.20 62.93% 27.52% 30.51% 33/55
3 Year 04-Oct-19 16742.10 67.42% 18.72% 21.93% 33/54
5 Year 04-Oct-17 18077.80 80.78% 12.56% 12.83% 21/44
Since Inception 13-Oct-14 31591.60 215.92% 15.50% 15.37% 20/51

SIP Returns (NAV as on 04th October, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 04-Oct-21 12000 12448.81 3.74 % 7 %
2 Year 01-Oct-20 24000 27862.67 16.09 % 15.06 %
3 Year 04-Oct-19 36000 48376.72 34.38 % 20.16 %
5 Year 04-Oct-17 60000 89944.74 49.91 % 16.19 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Aug,2022)

Portfolio Turnover Ratio : 26.00%  |   Category average turnover ratio is 56.42%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 98.64% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.64%
No of Stocks : 54 (Category Avg - 46.50) | Large Cap Investments : 56.55%| Mid Cap Investments : 12.01% | Small Cap Investments : 15.57% | Other : 14.51%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 2484.4 7.97% 0.37% 8.88% (Oct 2021) 6.99% (Apr 2022) 28.00 L 0.00
HDFC Bank Ltd. Banks 1939.4 6.22% 0.01% 6.41% (Jun 2022) 5.45% (Mar 2022) 13.05 L 0.00
State Bank Of India Banks 1832.8 5.88% -0.17% 6.6% (Jan 2022) 5.56% (Mar 2022) 34.50 L 0.00
Reliance Industries Ltd. Refineries/marketing 1780.6 5.71% 0.09% 6.39% (Jun 2022) 5.34% (Jan 2022) 6.75 L 0.00
Infosys Ltd. Computers - software 1731.8 5.55% -0.41% 8.53% (Dec 2021) 5.55% (Aug 2022) 11.60 L 0.00
Housing Development Finance Corporation Ltd. Housing finance 1406.7 4.51% -0.03% 4.57% (May 2022) 3.67% (Mar 2022) 5.75 L 0.00
Axis Bank Ltd. Banks 1101 3.53% 0.01% 3.8% (Sep 2021) 3.32% (Nov 2021) 14.65 L 0.00
Bharti Airtel Ltd. Telecom - services 926.4 2.97% 0.10% 3.21% (Nov 2021) 2.87% (Jul 2022) 12.75 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 749.8 2.40% 0.06% 2.48% (Dec 2021) 2.22% (Jun 2022) 3.90 L 0.00
SBI Life Insurance Co Ltd. Insurance 697.8 2.24% -0.01% 2.25% (Jul 2022) 1.73% (Sep 2021) 5.25 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Repo Repo 1.57%
Net Receivables Net Receivables -0.21%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2022)

  • Standard Deviation

    High volatility
    21.85vs20.38
    Category Avg
  • Beta

    High volatility
    1vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.51vs0.68
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.11vs0.16
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.93vs2.03
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 1787.29 0.47 17.77 3.34 12.81 42.22
HDFC Tax Saver Fund - Direct Plan - Growth 4 9787.51 -0.04 11.79 3.73 8.11 17.90
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 733.49 1.93 10.18 1.78 5.60 25.42
Kotak Tax Saver Fund - Direct Plan - Growth 4 2935.89 -0.69 12.12 -0.12 4.75 21.27
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3851.42 0.01 12.29 -0.93 4.26 25.58
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 5 415.69 -0.53 9.18 -2.87 3.66 20.91
Sundaram Tax Saving Fund - Direct Plan - Growth 3 969.37 -0.87 11.85 0.56 3.41 21.06
SBI Long Term Equity Fund - Direct Plan - Growth 4 11204.25 -1.34 10.34 1.45 2.70 19.99
Franklin India Taxshield Fund - Direct - Growth 3 4862.16 -0.59 11.61 -0.09 2.23 18.21
Union Long Term Equity Fund - Direct Plan - Growth 4 553.06 -0.07 12.13 1.11 1.66 21.54

More Funds from

Out of 44 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 2 is/are ranked 4 * , 12 is/are ranked 3 * , 5 is/are ranked 2 * , 2 is/are ranked 1 * , and 21 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Tata Liquid Fund - Direct Plan - Growth 2 14144.42 0.45 1.31 2.33 4.17 4.14
Tata Money Market Fund - Direct Plan - Growth 3 8310.37 0.44 1.35 2.19 4.36 5.19
Tata Arbitrage Fund - Direct Plan - Growth 4 7384.86 0.41 1.19 2.20 4.32 5.00
Tata Digital India Fund - Direct Plan - Growth NA 5981.27 -0.82 1.20 -20.11 -16.50 29.14
Tata Balanced Advantage Fund - Direct Plan - Growth NA 5711.85 -0.10 6.27 1.76 4.77 14.90
Tata Equity PE Fund - Direct Plan - Growth 2 5296.03 -1.73 10.33 0.53 2.89 17.18
Tata Large & Mid Cap Fund - Direct Plan - Appreciation 3 3316.36 1.33 15.14 7.62 7.14 20.68
Tata Hybrid Equity Fund - Direct Plan - Growth 2 3298.87 -0.04 9.16 2.42 3.48 15.71
Tata India Tax Savings Fund - Direct Plan - Growth 3 3118.97 -1.04 11.87 -1.06 3.55 18.72
Tata Overnight Fund - Direct Plan - Growth NA 3038.11 0.45 1.30 2.32 4.03 3.67

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