Tata ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 28-02-2025
₹ 43.65
1D
Inception Returns
15.3%
/yr
About Tata ELSS Tax Saver Fund Direct Growth
Tata ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 13 October, 2014. The fund is managed by Sailesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Tata ELSS Tax Saver Fund Direct Growth has ₹4398 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Tata ELSS Tax Saver Fund Direct Growth has given a CAGR return of 15.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.60%, 13.77% and 17.39% respectively.
Holdings
Tata ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Energy, Communication, Health, Real Estate, Utilities, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, State Bank of India
Taxation
As it is a elss (tax savings) 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Tata ELSS Tax Saver Fund Direct Growth
To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Tata ELSS Tax Saver Fund Direct Growth of 3 Years
Historical NAV & Returns
Absolute
▲
▼
4714 people have invested ₹ 1.3Cr in Tata ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank for Tata ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
14
/23
45% Performance
43% Risk Management
48% Cost
14 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Tata ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.73% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹4398 Cr |
| Inception Date | 13 October, 2014 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 10.51% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (28-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
60.4%
Small cap
24.7%
Mid cap
10%
Sector Allocation
Financial Services
32.5%
Consumer Cyclical
15.8%
Industrial
15.7%
Tech
8.3%
Basic Materials
7.5%
Energy
5.4%
Communication
3.9%
Health
3.7%
Real Estate
2.9%
Utilities
2.7%
Consumer Defensive
1.6%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 4.6K Cr as of Jan'25
- AUM decreased by 22.3 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Bajaj Finance Ltd's allocation increased from 0.49% to 1.92%
Transrail Lighting Ltd's allocation increased from 0.63% to 1%
Reliance Industries Ltd's allocation increased from 3.54% to 3.88%
Top Stocks sold last month
Axis Bank Ltd's allocation decreased from 2.98 % to 2.91 %
Pricol Ltd's allocation decreased from 2.38 % to 2.34 %
Samvardhana Motherson International Ltd's allocation decreased from 2.29 % to 2.18 %
Small Cap allocation has gone down from 26.2% to 24.7%
Mid Cap allocation has gone down from 11.9% to 10%
Large Cap allocation has gone up from 55.9% to 60.4%
Cash allocation has gone down from 5.1% to 4.5%
Top 3 Sectors in January were Financial Services, Consumer Cyclical & Industrial
Jan'25
Financial Services
32%
Consumer Cyclical
16%
Industrial
16%
Dec'24
Financial Services
31%
Consumer Cyclical
17%
Industrial
16%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.66% | 0% | |
 ICICI Bank Ltd | 6.05% | 0% | |
 Infosys Ltd | 4.96% | 0% | |
 Reliance Industries Ltd | 3.88% | 0% | |
 State Bank of India | 3.82% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Hindalco Industries Ltd | 10.5% |
 HDFC Bank Ltd | 3.2% |
 Bajaj Finance Ltd | 1.2% |
Loading...
We are taking more time than usual
Sailesh Jain
Fund Manager of Tata ELSS Tax Saver Fund Direct Growth, since 16 December 2021
Top funds managed
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.93L Cr
as on 31-Jan-2025
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Website
kiran@tataamc.com
Mutual Fund Insights
In the last 1 year, LIC MF ELSS Tax Saver -Direct Plan Growth Option has given 8.97% return, outperforming this fund by 5.38%.
Over the last 3 months, this fund has experienced a 6.0% drop in AUM moving from 4.68K Cr to 4.39K Cr.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.73% which is lower than the category average expense ratio of 1.29%.
Over the last 3 months, this fund has increased expense ratio by 5.8% moving from 0.69 to 0.73.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 23.3% return, outperforming this fund by 9.53% per annum.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 30.35% return, outperforming this fund by 12.96% per annum.
Tata ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.26% since inception which is more than its category average return of 13.78%
Fund Allocations
This fund has an allocation of 95.46% in Equity, 0% in Debt and 4.54% in Cash related instruments
AUM size ₹4398 Cr
This fund has AUM of ₹4398 Cr which is less than its category average of ₹ 4780 Cr
Expense Ratio 0.73%
This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Tata ELSS Tax Saver Fund Direct Growth
The current NAV of Tata ELSS Tax Saver Fund Direct Growth is ₹43.65 as on 28-Feb-2025.
Existing (Absolute + CAGR) as on 28-Feb-2025.
Tata ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.93% | -7.93% |
6 Month Returns | -15.21% | -15.21% |
1 Year Returns | 3.6% | 3.6% |
3 Years Returns | 47.26% | 13.77% |
5 Years Returns | 122.95% | 17.39% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.73% as on February 2025
₹4398 Cr as on February 2025
HDFC Bank Ltd(6.66%), ICICI Bank Ltd(6.05%), Infosys Ltd(4.96%), Reliance Industries Ltd(3.88%), State Bank of India(3.82%) as on February 2025
Financial Services(31.02%), Consumer Cyclical(15.05%), Industrial(14.96%) as on February 2025
The alpha ratio for the Tata ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata ELSS Tax Saver Fund Direct Growth | 4.19 | 1.14 | -0.02 |
As on February 2025
The alpha for Tata ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Tata ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata ELSS Tax Saver Fund Direct Growth | 1.07 | 0.97 | 0.97 |
As on February 2025
The Beta for Tata ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Tata ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata ELSS Tax Saver Fund Direct Growth | -0.12 | 0.53 | 0.66 |
As on February 2025
The sharpe ratio for Tata ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Tata ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata ELSS Tax Saver Fund Direct Growth | 16.3 | 14.44 | 19.18 |
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.88 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.3 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Sailesh Jain is the fund manager of Tata ELSS Tax Saver Fund Direct Growth
The Exit load of Tata ELSS Tax Saver Fund Direct Growth is 0%