Tata Equity Savings Fund Direct Growth

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. This fund gives you the benefit of diversification.

1. Tata Equity Savings Fund Direct Growth has ₹262 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.5.
   

Tata Equity Savings Fund Direct Growth has given a CAGR return of 8.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.46%, 10.92% and 12.27% respectively.

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

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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.

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.