Tata Equity Savings Fund Direct Growth

Hybrid
Direct
Equity Savings
Tata Equity Savings Fund Direct Growth

About the Fund

Tata Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Murthy Nagarajan, Sailesh Jain, Aurobinda Prasad Gayan. This fund gives you the benefit of diversification.

Key Parameters

  1. Tata Equity Savings Fund Direct Growth has ₹148 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Tata Equity Savings Fund Direct Growth has given a CAGR return of 8.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.98%, 10.47% and 10.10% respectively.

Holdings

Tata Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Government, Consumer Defensive, Tech, Health, Communication, Corporate, Utilities, Energy, Consumer Cyclical.

Taxation

As it is a equity savings 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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Tata Equity Savings Fund Direct Growth

The investment objective of the scheme is to provide long term capital appreciation and income distribution to the investors by predominantly investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments. 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 and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata Equity Savings Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
71 people have invested ₹ 7.4L in Tata Equity Savings Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.48%
Benchmark
NIFTY Equity Savings TR INR
AUM₹148 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
78.54%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-May-24)

  • Equity 33.7%

  • Debt & Cash 66.3%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
21%
Financial Services
18.7%
Basic Materials
13.5%
Consumer Defensive
11.2%
Tech
9.8%
Health
9.4%
Communication
7.5%
Utilities
4%
Energy
3.3%
Consumer Cyclical
1.6%
All changes are between Oct'69 and Dec'69

Murthy Nagarajan
Murthy Nagarajan
Fund Manager of Tata Equity Savings Fund Direct Growth, since 1 April 2017
Sailesh Jain
Sailesh Jain
Fund Manager of Tata Equity Savings Fund Direct Growth, since 9 November 2018
Aurobinda Prasad Gayan
Aurobinda Prasad Gayan
Fund Manager of Tata Equity Savings Fund Direct Growth, since 5 January 2022

Mutual Fund Insights

Insights icon
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 26.23% return, outperforming this fund by 9.25%.
Insights icon
Over the last 6 months, this fund has experienced a 17.5% growth in AUM moving from 125.97 Cr to 147.97 Cr.
Insights icon
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.14% return, outperforming this fund by 4.03% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.48% which is lower than the category average expense ratio of 1.05%.
Insights icon
In the last 3 years, HSBC Equity Savings Direct Plan Growth Plan has given 14.5% return, outperforming this fund by 4.03% per annum.

Tata Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.89% since inception which is more than its category average return of 8.21%
Fund Allocations

Fund Allocations

This fund has an allocation of 33.72% in Equity, 11.63% in Debt and 54.64% in Cash related instruments
AUM size ₹148 Cr

AUM size ₹148 Cr

This fund has AUM of ₹148 Cr which is less than its category average of ₹ 1321 Cr
Expense Ratio 0.48%

Expense Ratio 0.48%

This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 1.13%

Frequently Asked Questions

The current NAV of Tata Equity Savings Fund Direct Growth is ₹57.32 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Tata Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.13%
2.13%
6 Month Returns
8.83%
8.83%
1 Year Returns
16.98%
16.98%
3 Years Returns
34.83%
10.47%
5 Years Returns
61.8%
10.1%
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.
0.48% as on May 2024
₹148 Cr as on May 2024
Ambuja Cements Ltd(6.25%), Larsen & Toubro Ltd(5.73%), Bharti Airtel Ltd(5.19%), Tata Money Market Dir Gr(4.96%), Aurobindo Pharma Ltd(4.85%) as on May 2024
Cash Equivalent(53.32%), Government(8.88%), Industrial(7.08%) as on May 2024
AAA
100
Murthy Nagarajan, Sailesh Jain, Aurobinda Prasad Gayan are the fund managers of Tata Equity Savings Fund Direct Growth
The Exit load of Tata Equity Savings Fund Direct Growth is 0.25%