Tata Young Citizens Fund [Upto 3 years] Direct Growth

Hybrid
Direct
Children
Tata Young Citizens Fund [Upto 3 years] Direct Growth

About the Fund

Tata Young Citizens Fund [Upto 3 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

  1. Tata Young Citizens Fund [Upto 3 years] Direct Growth has ₹363 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 2.2.

Returns

Tata Young Citizens Fund [Upto 3 years] Direct Growth has given a CAGR return of 12.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.04%, 8.93% and 13.12% respectively.

Holdings

Tata Young Citizens Fund [Upto 3 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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Tata Young Citizens Fund [Upto 3 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 [Upto 3 years] Direct Growth of 5 Years

Fund Performance

Fund Overview

Expense ratio2.18%
Benchmark
IISL Nifty 500 TR INR
AUM₹363 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load
1%
Lock In5 Years
TurnOver
9.56%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 93.8%

  • Debt & Cash 6.2%

Large cap
51.8%

Small cap
24.2%

Mid cap
17.4%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
30.3%
Consumer Defensive
11.9%
Industrial
11.5%
Consumer Cyclical
10.4%
Tech
10.3%
Basic Materials
8.1%
Energy
6.9%
Health
6.3%
Communication
2.3%
Utilities
1.9%
All changes are between Oct'69 and Dec'69

Amey Sathe
Amey Sathe
Fund Manager of Tata Young Citizens Fund [Upto 3 years] Direct Growth, since 9 March 2021

Mutual Fund Insights

Insights icon
In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 44.52% return, outperforming this fund by 35.47%.
Insights icon
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 29.76% return, outperforming this fund by 20.83% per annum.
Insights icon
In the last 5 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 21.54% return, outperforming this fund by 8.43% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 7.9% growth in AUM moving from 336.72 Cr to 363.23 Cr.

Tata Young Citizens Fund [Upto 3 years] Direct Growth Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 12.38% since inception which is less than its category average return of 13.57%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.81% in Equity, 0.8% in Debt and 5.39% in Cash related instruments
AUM size ₹363 Cr

AUM size ₹363 Cr

This fund has AUM of ₹363 Cr which is less than its category average of ₹ 1664 Cr
Expense Ratio 2.18%

Expense Ratio 2.18%

This fund has an expense ratio of 2.18% which is more than its category average expense ratio of 1.7%

Frequently Asked Questions

The current NAV of Tata Young Citizens Fund [Upto 3 years] Direct Growth is ₹27.99 as on 31-May-2018.
Existing (Absolute + CAGR) as on 31-May-2018.
Tata Young Citizens Fund [Upto 3 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
85.19%
13.12%
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.
2.18% as on June 2024
₹363 Cr as on June 2024
HDFC Bank Ltd(6.82%), ICICI Bank Ltd(4.95%), Reliance Industries Ltd(4.74%), Infosys Ltd(3.77%), Tata Consultancy Services Ltd(3.01%) as on June 2024
Financial Services(28.47%), Consumer Defensive(11.17%), Industrial(10.74%) as on June 2024
Amey Sathe is the fund manager of Tata Young Citizens Fund [Upto 3 years] Direct Growth
The Exit load of Tata Young Citizens Fund [Upto 3 years] Direct Growth is 1%