Tata India Tax Savings Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | ELSS (Tax Saving) Fund | |||||
BMSMONEY Rank | 25 | |||||
BMSMONEY Rating | ||||||
Growth Option | As On: | 18-04-2024 | ||||
NAV | ₹38.02 (R) | 0.0% | ₹42.91 (D) | 0.0% | ||
Returns Gro. Opt. | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum Reg. P | 33.42% | 19.02% | 16.28% | 14.02% | -% | |
LumpSum Dir. P | 34.91% | 20.45% | 17.79% | 15.5% | -% | |
SIP Reg. P | 27.48% | 18.5% | 19.43% | 16.51% | -% | |
SIP Dir. P | 28.92% | 19.86% | 20.9% | 17.95% | -% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
0.68 | 0.37 | 0.82 | 2.83% | 0.09 | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
12.83% | -13.28% | -10.19% | 0.94 | 8.79% |
NAV Date: 18-04-2024
Scheme Name | NAV | Rupee Change | Percent Change |
---|---|---|---|
Tata India Tax Savings Fund-Growth-Regular Plan | 38.02 |
0.0000
|
0.0000%
|
Tata India Tax Savings Fund-Growth-Direct Plan | 42.91 |
0.0000
|
0.0000%
|
Tata India Tax Savings Fund- Regular Plan - Payout of IDCW Option | 88.54 |
0.0000
|
0.0000%
|
Tata India Tax Savings Fund- Direct Plan - Payout of IDCW Option | 196.18 |
0.0000
|
0.0000%
|
Review Date: Feb. 29, 2024
Performance of the Tata India Tax Savings Fund has been analyzed on 21 performance parameters. Out of nine return parameters, the fund has zero return parameters in first quartile; whereas one risk parameter (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile. Based on this performance Tata India Tax Savings Fund has achieved 25th (out of 35 funds), which is poor rank in the ELSS (Tax Saving) Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The ELSS (Tax Saving) Fund category has 35 funds.KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Better Than Cat. Avg | In 1st Quartile | In 4th Quartile |
---|---|---|---|---|---|---|---|---|
1M Return % | 4.26 |
4.07
|
1.13 | 10.38 | 13 | 35 |
Yes
|
No
|
No
|
|
3M Return % | 3.78 |
4.48
|
-0.39 | 10.53 | 21 | 35 |
No
|
No
|
No
|
|
6M Return % | 14.20 |
17.66
|
8.82 | 33.36 | 27 | 35 |
No
|
No
|
Yes
|
|
1Y Return % | 33.42 |
38.40
|
23.28 | 60.40 | 26 | 35 |
No
|
No
|
No
|
|
3Y Return % | 19.02 |
19.91
|
11.13 | 31.19 | 17 | 33 |
No
|
No
|
No
|
|
5Y Return % | 16.28 |
17.07
|
10.14 | 31.70 | 16 | 31 |
No
|
No
|
No
|
|
7Y Return % | 14.02 |
14.46
|
10.23 | 24.44 | 15 | 29 |
No
|
No
|
No
|
|
1Y SIP Return % | 27.48 |
33.51
|
17.90 | 62.35 | 26 | 35 |
No
|
No
|
No
|
|
3Y SIP Return % | 18.50 |
20.36
|
13.82 | 32.18 | 22 | 33 |
No
|
No
|
No
|
|
5Y SIP Return % | 19.43 |
20.94
|
13.19 | 36.27 | 19 | 31 |
No
|
No
|
No
|
|
7Y SIP Return % | 16.51 |
17.58
|
11.05 | 29.97 | 17 | 29 |
No
|
No
|
No
|
|
Standard Deviation | 12.83 |
12.70
|
9.92 | 16.81 | 21 | 33 |
No
|
No
|
No
|
|
Semi Deviation | 8.79 |
8.84
|
7.09 | 11.91 | 20 | 33 |
Yes
|
No
|
No
|
|
Max Drawdown % | -10.19 |
-12.33
|
-22.81 | -6.28 | 7 | 33 |
Yes
|
Yes
|
No
|
|
VaR 1 Y % | -13.28 |
-14.08
|
-20.17 | -11.38 | 13 | 33 |
Yes
|
No
|
No
|
|
Average Drawdown % | -4.93 |
-5.05
|
-8.14 | -2.87 | 19 | 33 |
Yes
|
No
|
No
|
|
Sharpe Ratio | 0.68 |
0.83
|
0.14 | 1.46 | 22 | 33 |
No
|
No
|
No
|
|
Sterling Ratio | 0.82 |
0.85
|
0.29 | 1.53 | 17 | 33 |
No
|
No
|
No
|
|
Sortino Ratio | 0.37 |
0.45
|
0.09 | 0.82 | 24 | 33 |
No
|
No
|
No
|
|
Jensen Alpha % | 2.83 |
2.44
|
-8.96 | 17.77 | 14 | 33 |
Yes
|
No
|
No
|
|
Treynor Ratio | 0.09 |
0.12
|
0.02 | 0.26 | 25 | 33 |
No
|
No
|
Yes
|
|
Modigliani Square Measure % | 16.70 |
19.26
|
8.41 | 30.07 | 26 | 33 |
No
|
No
|
Yes
|
|
Alpha % | 1.93 |
0.51
|
-8.84 | 16.09 | 11 | 33 |
Yes
|
No
|
No
|
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Better Than Cat. Avg | In 1st Quartile | In 4th Quartile |
---|---|---|---|---|---|---|---|---|
1M Return % | 4.35 | 4.17 | 1.20 | 10.48 | 13 | 35 |
Yes
|
No
|
No
|
|
3M Return % | 4.06 | 4.76 | 0.07 | 10.77 | 21 | 35 |
No
|
No
|
No
|
|
6M Return % | 14.83 | 18.29 | 9.89 | 34.02 | 26 | 35 |
No
|
No
|
No
|
|
1Y Return % | 34.91 | 39.89 | 25.12 | 62.15 | 25 | 35 |
No
|
No
|
No
|
|
3Y Return % | 20.45 | 21.27 | 12.03 | 33.25 | 17 | 33 |
No
|
No
|
No
|
|
5Y Return % | 17.79 | 18.38 | 11.10 | 33.88 | 16 | 31 |
No
|
No
|
No
|
|
7Y Return % | 15.50 | 15.68 | 11.26 | 26.05 | 14 | 29 |
No
|
No
|
No
|
|
1Y SIP Return % | 28.92 | 34.97 | 19.66 | 64.03 | 25 | 35 |
No
|
No
|
No
|
|
3Y SIP Return % | 19.86 | 21.68 | 14.69 | 33.03 | 24 | 33 |
No
|
No
|
No
|
|
5Y SIP Return % | 20.90 | 22.28 | 14.11 | 38.46 | 18 | 31 |
No
|
No
|
No
|
|
7Y SIP Return % | 17.95 | 18.78 | 11.99 | 31.85 | 16 | 29 |
No
|
No
|
No
|
|
Standard Deviation | 12.83 | 12.70 | 9.92 | 16.81 | 21 | 33 |
No
|
No
|
No
|
|
Semi Deviation | 8.79 | 8.84 | 7.09 | 11.91 | 20 | 33 |
Yes
|
No
|
No
|
|
Max Drawdown % | -10.19 | -12.33 | -22.81 | -6.28 | 7 | 33 |
Yes
|
Yes
|
No
|
|
VaR 1 Y % | -13.28 | -14.08 | -20.17 | -11.38 | 13 | 33 |
Yes
|
No
|
No
|
|
Average Drawdown % | -4.93 | -5.05 | -8.14 | -2.87 | 19 | 33 |
Yes
|
No
|
No
|
|
Sharpe Ratio | 0.68 | 0.83 | 0.14 | 1.46 | 22 | 33 |
No
|
No
|
No
|
|
Sterling Ratio | 0.82 | 0.85 | 0.29 | 1.53 | 17 | 33 |
No
|
No
|
No
|
|
Sortino Ratio | 0.37 | 0.45 | 0.09 | 0.82 | 24 | 33 |
No
|
No
|
No
|
|
Jensen Alpha % | 2.83 | 2.44 | -8.96 | 17.77 | 14 | 33 |
Yes
|
No
|
No
|
|
Treynor Ratio | 0.09 | 0.12 | 0.02 | 0.26 | 25 | 33 |
No
|
No
|
Yes
|
|
Modigliani Square Measure % | 16.70 | 19.26 | 8.41 | 30.07 | 26 | 33 |
No
|
No
|
Yes
|
|
Alpha % | 1.93 | 0.51 | -8.84 | 16.09 | 11 | 33 |
Yes
|
No
|
No
|
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | 0.0 | ₹ 10000.0 | 0.0 | ₹ 10000.0 |
1W | -1.32 | ₹ 9868.0 | -1.3 | ₹ 9870.0 |
1M | 4.26 | ₹ 10426.0 | 4.35 | ₹ 10435.0 |
3M | 3.78 | ₹ 10378.0 | 4.06 | ₹ 10406.0 |
6M | 14.2 | ₹ 11420.0 | 14.83 | ₹ 11483.0 |
1Y | 33.42 | ₹ 13342.0 | 34.91 | ₹ 13491.0 |
3Y | 19.02 | ₹ 16861.0 | 20.45 | ₹ 17473.0 |
5Y | 16.28 | ₹ 21257.0 | 17.79 | ₹ 22676.0 |
7Y | 14.02 | ₹ 25052.0 | 15.5 | ₹ 27426.0 |
10Y | - | ₹ - | - | ₹ - |
15Y | - | ₹ - | - | ₹ - |
Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.
Investment Period | Invested Amount | Regular | Direct | ||
---|---|---|---|---|---|
XIRR % | Current Value of Invested Amount | XIRR % | Current Value of Invested Amount | ||
1Y | ₹ 12000 | 27.4829 | ₹ 13721.688 | 28.9178 | ₹ 13808.4 |
3Y | ₹ 36000 | 18.4988 | ₹ 47272.788 | 19.8596 | ₹ 48184.2 |
5Y | ₹ 60000 | 19.4322 | ₹ 97364.4 | 20.8983 | ₹ 100895.58 |
7Y | ₹ 84000 | 16.5106 | ₹ 151338.348 | 17.9469 | ₹ 159290.544 |
10Y | ₹ 120000 | - | ₹ - | - | ₹ - |
15Y | ₹ 180000 | - | ₹ - | - | ₹ - |
Date | NAV Regular Growth | NAV Direct Growth |
---|---|---|
18-04-2024 | 38.0178 | 42.9144 |
16-04-2024 | 38.0368 | 42.9332 |
15-04-2024 | 38.0973 | 43.0002 |
12-04-2024 | 38.5274 | 43.4816 |
09-04-2024 | 38.6013 | 43.561 |
08-04-2024 | 38.6262 | 43.5879 |
05-04-2024 | 38.4424 | 43.3764 |
04-04-2024 | 38.3483 | 43.2689 |
03-04-2024 | 38.211 | 43.1127 |
02-04-2024 | 38.0639 | 42.9454 |
01-04-2024 | 37.9405 | 42.8048 |
28-03-2024 | 37.4468 | 42.2427 |
27-03-2024 | 37.1655 | 41.9241 |
26-03-2024 | 37.0562 | 41.7995 |
22-03-2024 | 37.1303 | 41.8781 |
21-03-2024 | 36.9572 | 41.6815 |
20-03-2024 | 36.4855 | 41.1483 |
19-03-2024 | 36.4653 | 41.1242 |
18-03-2024 | 36.7341 | 41.4261 |
15-03-2024 | 36.7012 | 41.3852 |
14-03-2024 | 36.7838 | 41.4771 |
13-03-2024 | 36.3649 | 41.0035 |
12-03-2024 | 37.2837 | 42.0382 |
11-03-2024 | 37.514 | 42.2966 |
07-03-2024 | 37.87 | 42.6928 |
06-03-2024 | 37.7722 | 42.5813 |
05-03-2024 | 37.8564 | 42.6749 |
04-03-2024 | 37.9904 | 42.8247 |
01-03-2024 | 37.8277 | 42.6374 |
29-02-2024 | 37.3842 | 42.1363 |
28-02-2024 | 37.3264 | 42.0698 |
27-02-2024 | 37.6834 | 42.4709 |
26-02-2024 | 37.6022 | 42.3781 |
23-02-2024 | 37.6947 | 42.4784 |
22-02-2024 | 37.5378 | 42.3003 |
21-02-2024 | 37.3267 | 42.0611 |
20-02-2024 | 37.5511 | 42.3128 |
19-02-2024 | 37.5079 | 42.2627 |
16-02-2024 | 37.4631 | 42.2084 |
15-02-2024 | 37.1719 | 41.8791 |
14-02-2024 | 36.9729 | 41.6536 |
13-02-2024 | 36.8491 | 41.5129 |
12-02-2024 | 36.7224 | 41.3689 |
09-02-2024 | 37.2978 | 42.0133 |
08-02-2024 | 37.3434 | 42.0633 |
07-02-2024 | 37.5012 | 42.2398 |
06-02-2024 | 37.392 | 42.1155 |
05-02-2024 | 37.1149 | 41.8021 |
02-02-2024 | 37.1922 | 41.8854 |
01-02-2024 | 37.0324 | 41.7041 |
31-01-2024 | 37.0911 | 41.769 |
30-01-2024 | 36.669 | 41.2924 |
29-01-2024 | 36.913 | 41.5658 |
25-01-2024 | 36.4028 | 40.9864 |
24-01-2024 | 36.5104 | 41.1063 |
23-01-2024 | 36.0281 | 40.562 |
19-01-2024 | 36.6345 | 41.2397 |
18-01-2024 | 36.3184 | 40.8827 |
17-01-2024 | 36.4699 | 41.0519 |
16-01-2024 | 37.0789 | 41.7362 |
15-01-2024 | 37.2341 | 41.9097 |
12-01-2024 | 36.9842 | 41.6245 |
11-01-2024 | 36.6824 | 41.2837 |
10-01-2024 | 36.7462 | 41.3542 |
09-01-2024 | 36.6861 | 41.2853 |
08-01-2024 | 36.6924 | 41.2911 |
05-01-2024 | 37.017 | 41.6526 |
04-01-2024 | 36.9389 | 41.5635 |
03-01-2024 | 36.602 | 41.1832 |
02-01-2024 | 36.7599 | 41.3596 |
01-01-2024 | 36.9258 | 41.5449 |
29-12-2023 | 36.8664 | 41.4743 |
28-12-2023 | 36.8636 | 41.4699 |
27-12-2023 | 36.7414 | 41.3311 |
26-12-2023 | 36.4485 | 41.0005 |
22-12-2023 | 36.3557 | 40.8911 |
21-12-2023 | 36.1856 | 40.6985 |
20-12-2023 | 35.9396 | 40.4206 |
19-12-2023 | 36.5573 | 41.114 |
18-12-2023 | 36.5458 | 41.0999 |
15-12-2023 | 36.5245 | 41.0722 |
14-12-2023 | 36.1813 | 40.6851 |
13-12-2023 | 35.7945 | 40.2488 |
12-12-2023 | 35.6134 | 40.044 |
11-12-2023 | 35.8808 | 40.3434 |
08-12-2023 | 35.7097 | 40.1473 |
07-12-2023 | 35.6439 | 40.0722 |
06-12-2023 | 35.6555 | 40.084 |
05-12-2023 | 35.6578 | 40.0854 |
04-12-2023 | 35.4522 | 39.853 |
01-12-2023 | 34.7844 | 39.0987 |
30-11-2023 | 34.3999 | 38.6653 |
29-11-2023 | 34.2202 | 38.4622 |
28-11-2023 | 33.8918 | 38.0919 |
24-11-2023 | 33.7455 | 37.9229 |
23-11-2023 | 33.7132 | 37.8854 |
22-11-2023 | 33.7111 | 37.8819 |
21-11-2023 | 33.7323 | 37.9046 |
20-11-2023 | 33.5619 | 37.712 |
17-11-2023 | 33.6009 | 37.7524 |
16-11-2023 | 33.5961 | 37.7458 |
15-11-2023 | 33.4014 | 37.5259 |
13-11-2023 | 33.1172 | 37.2044 |
10-11-2023 | 33.0659 | 37.1432 |
09-11-2023 | 32.9802 | 37.0458 |
08-11-2023 | 33.0457 | 37.1182 |
07-11-2023 | 32.9688 | 37.0307 |
06-11-2023 | 32.896 | 36.9479 |
03-11-2023 | 32.6629 | 36.6827 |
02-11-2023 | 32.482 | 36.4785 |
01-11-2023 | 32.2695 | 36.2387 |
31-10-2023 | 32.3527 | 36.331 |
30-10-2023 | 32.4121 | 36.3966 |
27-10-2023 | 32.3461 | 36.3192 |
26-10-2023 | 31.8541 | 35.7656 |
25-10-2023 | 32.151 | 36.0979 |
23-10-2023 | 32.4063 | 36.3823 |
20-10-2023 | 33.0779 | 37.1329 |
19-10-2023 | 33.2919 | 37.372 |
18-10-2023 | 33.3709 | 37.4596 |
17-10-2023 | 33.6042 | 37.7203 |
16-10-2023 | 33.4794 | 37.5791 |
13-10-2023 | 33.4721 | 37.5674 |
12-10-2023 | 33.5975 | 37.707 |
11-10-2023 | 33.5372 | 37.6382 |
10-10-2023 | 33.3302 | 37.4048 |
09-10-2023 | 32.9882 | 37.0199 |
06-10-2023 | 33.3299 | 37.3998 |
05-10-2023 | 33.2081 | 37.262 |
04-10-2023 | 33.0286 | 37.0596 |
03-10-2023 | 33.3397 | 37.4074 |
29-09-2023 | 33.349 | 37.4134 |
27-09-2023 | 33.34 | 37.4009 |
26-09-2023 | 33.166 | 37.2045 |
25-09-2023 | 33.1622 | 37.1992 |
22-09-2023 | 33.1913 | 37.2284 |
21-09-2023 | 33.3405 | 37.3946 |
20-09-2023 | 33.6476 | 37.7379 |
18-09-2023 | 33.9655 | 38.0921 |
15-09-2023 | 34.13 | 38.2732 |
14-09-2023 | 33.9693 | 38.0917 |
13-09-2023 | 33.831 | 37.9356 |
12-09-2023 | 33.7104 | 37.7992 |
11-09-2023 | 34.1584 | 38.3003 |
08-09-2023 | 33.9451 | 38.0577 |
07-09-2023 | 33.7404 | 37.827 |
06-09-2023 | 33.5959 | 37.6639 |
05-09-2023 | 33.5816 | 37.6466 |
04-09-2023 | 33.5032 | 37.5576 |
01-09-2023 | 33.3005 | 37.327 |
31-08-2023 | 33.0529 | 37.0484 |
30-08-2023 | 33.0816 | 37.0794 |
29-08-2023 | 33.0786 | 37.0749 |
28-08-2023 | 33.0397 | 37.0301 |
25-08-2023 | 32.8971 | 36.867 |
24-08-2023 | 33.0169 | 37.0001 |
23-08-2023 | 33.1219 | 37.1166 |
22-08-2023 | 32.9538 | 36.9271 |
21-08-2023 | 32.8728 | 36.8353 |
18-08-2023 | 32.7366 | 36.6793 |
17-08-2023 | 32.8005 | 36.7498 |
16-08-2023 | 32.8146 | 36.7645 |
14-08-2023 | 32.7728 | 36.7153 |
11-08-2023 | 32.8052 | 36.7483 |
10-08-2023 | 32.8842 | 36.8357 |
09-08-2023 | 33.0126 | 36.9783 |
08-08-2023 | 32.9551 | 36.9129 |
07-08-2023 | 32.8852 | 36.8334 |
04-08-2023 | 32.7835 | 36.7162 |
03-08-2023 | 32.5519 | 36.4557 |
02-08-2023 | 32.6872 | 36.6061 |
01-08-2023 | 33.0202 | 36.9779 |
31-07-2023 | 33.04 | 36.9989 |
28-07-2023 | 32.7137 | 36.6302 |
27-07-2023 | 32.8003 | 36.726 |
26-07-2023 | 32.795 | 36.719 |
25-07-2023 | 32.7225 | 36.6367 |
24-07-2023 | 32.6697 | 36.5765 |
21-07-2023 | 32.5603 | 36.4507 |
20-07-2023 | 32.7541 | 36.6665 |
19-07-2023 | 32.6297 | 36.526 |
18-07-2023 | 32.3561 | 36.2188 |
17-07-2023 | 32.2647 | 36.1153 |
14-07-2023 | 32.0668 | 35.8906 |
13-07-2023 | 31.7285 | 35.5108 |
12-07-2023 | 31.7099 | 35.4889 |
11-07-2023 | 31.6256 | 35.3934 |
10-07-2023 | 31.4581 | 35.205 |
07-07-2023 | 31.4776 | 35.2236 |
06-07-2023 | 31.6512 | 35.4168 |
05-07-2023 | 31.4987 | 35.245 |
04-07-2023 | 31.515 | 35.2622 |
03-07-2023 | 31.4402 | 35.1774 |
30-06-2023 | 31.3244 | 35.0447 |
28-06-2023 | 31.0284 | 34.7113 |
27-06-2023 | 30.8834 | 34.5481 |
26-06-2023 | 30.6597 | 34.2969 |
23-06-2023 | 30.5507 | 34.1719 |
22-06-2023 | 30.8318 | 34.4852 |
21-06-2023 | 30.8916 | 34.5511 |
20-06-2023 | 30.8962 | 34.5551 |
19-06-2023 | 30.8205 | 34.4695 |
16-06-2023 | 30.8957 | 34.5504 |
15-06-2023 | 30.6915 | 34.321 |
14-06-2023 | 30.738 | 34.3719 |
13-06-2023 | 30.6468 | 34.2689 |
12-06-2023 | 30.4416 | 34.0384 |
09-06-2023 | 30.2833 | 33.8583 |
08-06-2023 | 30.3453 | 33.9266 |
07-06-2023 | 30.4767 | 34.0725 |
06-06-2023 | 30.317 | 33.8929 |
05-06-2023 | 30.2694 | 33.8387 |
02-06-2023 | 30.1232 | 33.6721 |
01-06-2023 | 29.9148 | 33.4381 |
31-05-2023 | 29.9044 | 33.4255 |
30-05-2023 | 29.9288 | 33.4518 |
29-05-2023 | 29.8459 | 33.3581 |
26-05-2023 | 29.7686 | 33.2686 |
25-05-2023 | 29.504 | 32.9719 |
24-05-2023 | 29.4452 | 32.9052 |
23-05-2023 | 29.5786 | 33.0533 |
22-05-2023 | 29.577 | 33.0504 |
19-05-2023 | 29.5046 | 32.9665 |
18-05-2023 | 29.4218 | 32.873 |
17-05-2023 | 29.4869 | 32.9448 |
16-05-2023 | 29.5793 | 33.0471 |
15-05-2023 | 29.6919 | 33.1719 |
12-05-2023 | 29.5426 | 33.002 |
11-05-2023 | 29.4885 | 32.9406 |
10-05-2023 | 29.4629 | 32.911 |
09-05-2023 | 29.4235 | 32.8659 |
08-05-2023 | 29.3472 | 32.7797 |
05-05-2023 | 29.1078 | 32.5093 |
04-05-2023 | 29.4112 | 32.8471 |
03-05-2023 | 29.1356 | 32.5383 |
02-05-2023 | 29.2216 | 32.6333 |
28-04-2023 | 29.0582 | 32.4469 |
27-04-2023 | 28.8855 | 32.253 |
26-04-2023 | 28.7348 | 32.0837 |
25-04-2023 | 28.622 | 31.9567 |
24-04-2023 | 28.5852 | 31.9147 |
21-04-2023 | 28.436 | 31.7451 |
20-04-2023 | 28.4942 | 31.8091 |
19-04-2023 | 28.4433 | 31.7513 |
18-04-2023 | 28.5255 | 31.8421 |
Fund Launch Date: 31/Mar/1996 |
Fund Category: ELSS (Tax Saving) Fund |
Investment Objective: The investment objective of the Scheme is to provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation. 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. |
Fund Description: A) Diversified equity Fund with focus on picking stocks for longer investment horizon b) Bottom up stock picking with no market cap and sector bias c) Fund with tax benefits u/s 80C for investments up to Rs.1,50,000/- |
Fund Benchmark: S&P BSE Sensex Total Return Index |
Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.