Tata India Tax Savings Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 19
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹44.03(R) +1.53% ₹49.85(D) +1.53%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 34.6% 20.52% 19.93% 15.01% -%
LumpSum (D) 36.1% 21.95% 21.47% 16.49% -%
SIP (R) 44.37% 26.23% 23.16% 19.39% -%
SIP (D) 45.96% 27.63% 24.61% 20.82% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.88 0.47 0.96 3.86% 0.12
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.79% -13.28% -10.19% 0.93 8.97%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
Tata India Tax Savings Fund-Growth-Regular Plan 44.03
0.6600
1.5300%
Tata India Tax Savings Fund-Growth-Direct Plan 49.85
0.7500
1.5300%
Tata India Tax Savings Fund- Regular Plan - Payout of IDCW Option 102.55
1.5400
1.5300%
Tata India Tax Savings Fund- Direct Plan - Payout of IDCW Option 227.91
3.4400
1.5300%

Review Date: 26-07-2024

Tata India Tax Savings Fund has shown average performance in the ELSS (Tax Saving) Fund category. The fund has rank of 19 out of 35 funds in the category. The fund has delivered return of 34.6% in 1 year, 20.52% in 3 years and 19.93% in 5 years. The category average for the same periods is 39.91%, 20.18% and 21.58% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 12.79, VaR of -13.28, Average Drawdown of -5.46, Semi Deviation of 8.97 and Max Drawdown of -10.19. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Tata India Tax Savings Fund direct growth option would have grown to ₹13610.0 in 1 year, ₹18137.0 in 3 years and ₹26445.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Tata India Tax Savings Fund direct growth option would have grown to ₹14805.0 in 1 year, ₹53603.0 in 3 years and ₹110312.0 in 5 years as of today (26-07-2024).
  3. standard deviation of 12.79 and based on VaR one can expect to lose more than -13.28% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.88 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.86, Beta of 0.93 and Jensen's Alpha of 3.86% which exhibit good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 3.18
3.56
1.50 | 6.29 22 | 35 Average
3M Return % 12.39
11.56
8.82 | 16.41 13 | 35 Good
6M Return % 19.29
20.14
15.39 | 27.68 20 | 35 Average
1Y Return % 34.60
39.91
24.44 | 56.46 26 | 35 Average
3Y Return % 20.52
20.18
11.54 | 28.89 13 | 33 Good
5Y Return % 19.93
21.58
15.49 | 35.49 20 | 32 Average
7Y Return % 15.01
15.52
11.28 | 24.66 15 | 29 Good
1Y SIP Return % 44.37
48.01
33.64 | 64.79 23 | 35 Average
3Y SIP Return % 26.23
28.05
20.20 | 39.75 18 | 33 Good
5Y SIP Return % 23.16
24.53
17.21 | 36.79 19 | 32 Average
7Y SIP Return % 19.39
20.43
14.42 | 31.24 17 | 29 Average
Standard Deviation 12.79
12.71
9.99 | 16.36 21 | 33 Average
Semi Deviation 8.97
9.01
7.16 | 11.67 20 | 33 Average
Max Drawdown % -10.19
-12.33
-22.81 | -6.28 7 | 33 Very Good
VaR 1 Y % -13.28
-14.08
-20.17 | -11.38 13 | 33 Good
Average Drawdown % -5.46
-5.57
-11.96 | -2.58 18 | 33 Good
Sharpe Ratio 0.88
0.95
0.28 | 1.59 19 | 33 Average
Sterling Ratio 0.96
0.93
0.36 | 1.67 14 | 33 Good
Sortino Ratio 0.47
0.51
0.17 | 0.91 19 | 33 Average
Jensen Alpha % 3.86
2.63
-8.40 | 13.97 14 | 33 Good
Treynor Ratio 0.12
0.14
0.04 | 0.23 20 | 33 Average
Modigliani Square Measure % 19.31
20.91
10.22 | 30.40 24 | 33 Average
Alpha % 2.75
0.58
-7.65 | 12.32 9 | 33 Very Good
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 3.28 3.65 1.60 | 6.34 21 | 35
3M Return % 12.69 11.86 9.08 | 16.66 13 | 35
6M Return % 19.94 20.78 16.31 | 28.51 20 | 35
1Y Return % 36.10 41.42 26.33 | 58.34 26 | 35
3Y Return % 21.95 21.54 12.42 | 29.75 14 | 33
5Y Return % 21.47 22.94 16.48 | 37.72 20 | 32
7Y Return % 16.49 16.75 12.31 | 26.32 14 | 29
1Y SIP Return % 45.96 49.61 35.65 | 65.93 22 | 35
3Y SIP Return % 27.63 29.41 21.08 | 40.65 19 | 33
5Y SIP Return % 24.61 25.87 18.11 | 38.88 20 | 32
7Y SIP Return % 20.82 21.64 15.35 | 33.13 15 | 29
Standard Deviation 12.79 12.71 9.99 | 16.36 21 | 33
Semi Deviation 8.97 9.01 7.16 | 11.67 20 | 33
Max Drawdown % -10.19 -12.33 -22.81 | -6.28 7 | 33
VaR 1 Y % -13.28 -14.08 -20.17 | -11.38 13 | 33
Average Drawdown % -5.46 -5.57 -11.96 | -2.58 18 | 33
Sharpe Ratio 0.88 0.95 0.28 | 1.59 19 | 33
Sterling Ratio 0.96 0.93 0.36 | 1.67 14 | 33
Sortino Ratio 0.47 0.51 0.17 | 0.91 19 | 33
Jensen Alpha % 3.86 2.63 -8.40 | 13.97 14 | 33
Treynor Ratio 0.12 0.14 0.04 | 0.23 20 | 33
Modigliani Square Measure % 19.31 20.91 10.22 | 30.40 24 | 33
Alpha % 2.75 0.58 -7.65 | 12.32 9 | 33
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.53 ₹ 10,153.00 1.53 ₹ 10,153.00
1W 1.60 ₹ 10,160.00 1.61 ₹ 10,161.00
1M 3.18 ₹ 10,318.00 3.28 ₹ 10,328.00
3M 12.39 ₹ 11,239.00 12.69 ₹ 11,269.00
6M 19.29 ₹ 11,929.00 19.94 ₹ 11,994.00
1Y 34.60 ₹ 13,460.00 36.10 ₹ 13,610.00
3Y 20.52 ₹ 17,506.00 21.95 ₹ 18,137.00
5Y 19.93 ₹ 24,809.00 21.47 ₹ 26,445.00
7Y 15.01 ₹ 26,608.00 16.49 ₹ 29,108.00
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 44.37 ₹ 14,712.17 45.96 ₹ 14,804.75
3Y ₹ 36000 26.23 ₹ 52,597.22 27.63 ₹ 53,603.32
5Y ₹ 60000 23.16 ₹ 106,541.04 24.61 ₹ 110,312.16
7Y ₹ 84000 19.39 ₹ 167,654.09 20.82 ₹ 176,396.05
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 44.0324 49.8542
25-07-2024 43.3696 49.1023
24-07-2024 43.3951 49.1297
23-07-2024 43.2595 48.9746
22-07-2024 43.3406 49.065
19-07-2024 43.023 48.701
18-07-2024 43.7472 49.5192
16-07-2024 43.8239 49.603
15-07-2024 43.8661 49.6492
12-07-2024 43.7788 49.5459
11-07-2024 43.677 49.4292
10-07-2024 43.6664 49.4157
09-07-2024 43.8055 49.5716
08-07-2024 43.7368 49.4923
05-07-2024 43.8682 49.6365
04-07-2024 43.7143 49.4608
03-07-2024 43.5615 49.2864
02-07-2024 43.125 48.791
01-07-2024 43.1625 48.8321
28-06-2024 42.7345 48.3433
27-06-2024 42.9174 48.5488
26-06-2024 42.6746 48.2727

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
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.