Tata Young Citizens' Fund After 7 years Direct Growth
Hybrid
Direct
Children
NAV as on 26-12-2024
₹ 66.88
1D
Inception Returns
13.4%
/yr
About Tata Young Citizens' Fund After 7 years Direct Growth
Tata Young Citizens' Fund After 7 years Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Amey Sathe. This fund gives you the benefit of diversification.
Key Parameters
- Tata Young Citizens' Fund After 7 years Direct Growth has ₹367 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.9.
Returns
Tata Young Citizens' Fund After 7 years Direct Growth has given a CAGR return of 13.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.53%, 14.37% and 19.18% respectively.
Holdings
Tata Young Citizens' Fund After 7 years Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Securitize, Consumer Defensive, Basic Materials, Consumer Cyclical, Tech, Industrial, Health, Energy, Utilities, Communication.
Taxation
As it is a children mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Tata Young Citizens' Fund After 7 years Direct Growth
The investment objective of the Scheme is to generate long term capital growth. 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 return.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. There is a lock in period for Tata Young Citizens' Fund After 7 years Direct Growth of 5 Years
Historical NAV & Returns
Tata Young Citizens' Fund After 7 years Direct Growth Overview
| Expense ratio | 1.89% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹367 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | 5 Years |
TurnOver | 11.31% |
| 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 (26-Dec-24)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 367 Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Securitize & Consumer Defensive
Mutual Fund Insights
Tata Young Citizens' Fund After 7 years Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹367 Cr
Expense Ratio 1.89%
Frequently Asked Questions for Tata Young Citizens' Fund After 7 years Direct Growth
Tata Young Citizens' Fund After 7 years Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.21% | -1.21% |
6 Month Returns | 0.91% | 0.91% |
1 Year Returns | 14.53% | 14.53% |
3 Years Returns | 49.59% | 14.37% |
5 Years Returns | 140.47% | 19.18% |
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