Tata Young Citizens Fund [> 3 years upto 7 years] Direct Growth
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About the Fund
Tata Young Citizens Fund [> 3 years upto 7 years] Direct Growth is a hybrid fund. This fund was started on 7 July, 2014. The fund is managed by Amey Sathe. This fund gives you the benefit of diversification.
Key Parameters
- Tata Young Citizens Fund [> 3 years upto 7 years] Direct Growth has ₹363 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 2.2.
Returns
Tata Young Citizens Fund [> 3 years upto 7 years] Direct Growth has given a CAGR return of 12.25% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.04% and 8.93% respectively.
Holdings
Tata Young Citizens Fund [> 3 years upto 7 years] Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Securitize, Consumer Defensive, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Health, Communication, Utilities.
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 [> 3 years upto 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 [> 3 years upto 7 years] Direct Growth of 5 Years
Fund Overview
| Expense ratio | 2.18% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹363 Cr |
| Inception Date | 7 July, 2014 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1% |
| Lock In | 5 Years |
TurnOver | 9.56% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Tata Young Citizens Fund [> 3 years upto 7 years] Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹363 Cr
Expense Ratio 2.18%
Frequently Asked Questions
Tata Young Citizens Fund [> 3 years upto 7 years] Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.71% | -1.71% |
6 Month Returns | 0.33% | 0.33% |
1 Year Returns | 9.04% | 9.04% |
3 Years Returns | 29.26% | 8.93% |
5 Years Returns | 0% | 0% |
- 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.