Tata BSE Select Business Groups Index Fund Direct Growth

Tata BSE Select Business Groups Index Fund Direct Growth is an equity fund. This fund was started on 12 December, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. Tata BSE Select Business Groups Index Fund Direct Growth has ₹154 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.3.
   

Tata BSE Select Business Groups Index Fund Direct Growth has given a CAGR return of -10.05% since inception.

Tata BSE Select Business Groups Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Energy, Basic Materials, Consumer Cyclical, Industrial, Tech, Utilities, Consumer Defensive, Communication. Its top holdings are Reliance Industries Ltd, Larsen & Toubro Ltd, Mahindra & Mahindra Ltd, Tata Consultancy Services Ltd, UltraTech Cement Ltd

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of BSE Select Business Groups Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata BSE Select Business Groups Index Fund Direct Growth has no lock in period.