About Tata India Tax Savings Fund Direct - Dividend
Tata India Tax Savings Fund Direct - Dividend is a Tax Saver
mutual fund scheme from Tata Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Rupesh Patel
and Ennette Fernandes
. It has an AUM of ₹1,769.58 Crores and the latest NAV decalared is ₹88.864 as on 06 Jun 2020 at 3:58 pm.
Tata India Tax Savings Fund Direct - Dividend scheme return performance in last 1 year is -13.40%, in last 3 years is 5.95% and 148.02% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.