Investment Objective and Approach

The scheme seeks long-term capital growth. Investments in equity would be at least 80 per cent of the corpus, while allocation to debt and money market instruments can go up to 20 per cent. The fund follows a diversified equity investment approach, focusing on companies with strong fundamentals and growth potential across various market capitalizations.

The asset allocation of Tata ELSS Tax Saver Fund is Stocks: 95.60%, Debt: 4.36% and Gold: 0% as per the latest data. ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years.

The fund's portfolio comprises quality stocks with top three stocks being HDFC Bank, ICICI Bank and Infosys accounting for 17% of its portfolio. Top 5 and 10 stocks of fund account for 25% and 39% of fund's portfolio respectively.

Key Investment Features:

- Tax deduction up to ₹1.5 lakh under Section 80C

- 3-year mandatory lock-in period

- Minimum SIP Investment is ₹500, Minimum Lumpsum Investment is ₹500

- Expense ratio of 0.71% as of 8th August 2025 (Direct Plan)

Financial Highlights (as of August 2025):

- Latest NAV: ₹49.32

- AUM: ₹4,595.04 Cr as of 8th August 2025

- Since inception returns: 17.58% - 18.29%

Fund Managers

Rupesh Patel is the Current Fund Manager of Tata ELSS Fund Direct Growth fund. Mr. Rupesh Patel holds a Civil Engineering degree and an MBA degree from the Sardar Patel University. Mr. Patel began his career as a Project Manager at Gujarat State Road Development Corporation Ltd. in 1999. He joined CARE Ratings in 2001 as a Deputy General Manager of Corporate Sector Ratings. In 2007, he became the Assistant Vice President of Investments at IndiaReit Fund Advisors Ltd. Mr. Patel joined Tata Mutual Fund as a Deputy General Manager of Investments in 2008.

He became the Head of PMS in 2012. A year later, he became a Fund Manager. Mr. Patel manages an AuM of Rs. 4,506 Crore invested in 14 schemes like Tata Large Cap, Tata Midcap, Tata Infrastructure, Tata Ethical, Tata India Tax Savings Fund, etc.

The fund is also co-managed by experienced professionals who bring diverse expertise to the investment management process.

About the Fund House (AMC)

Established in 1994, Tata Asset Management Private Limited has a track record of more than 25 years in investment management. Tata Asset Management Private Limited manages investments of Tata Mutual Fund. Tata mutual fund is managed by Tata Asset Management Ltd., part of the prestigious Tata Group. Established in March 1994, Tata Asset Management Private Limited boasts over 29 years of experience in investment management and provides a comprehensive suite of services to investors, including financial planning and fund management. In June 1995, Tata Mutual Fund secured registration with the Securities and Exchange Board of India (SEBI).

As of 31 March 2024, Tata Asset Management Ltd has an asset under management (AuM) of Rs. 147,169.65 Crores. The fund house is known for its disciplined investment approach and strong research capabilities.

AMC Strengths:

- Part of the trusted Tata Group with over 150 years of legacy

- Strong research and risk management framework

- Diverse product portfolio across asset classes

- Experienced investment team with proven track record

Should I Invest in Tata ELSS Fund?

Tata ELSS Fund can be suitable for investors seeking:

Ideal For:

- Tax planning under Section 80C with potential for equity returns

- Long-term wealth creation with a minimum 3-year horizon

- Investors comfortable with equity market volatility

- Those looking for professional fund management

Key Considerations:

- The Tata ELSS Fund Direct Growth is rated Very High risk

- The fund has a lock-in period of 3 years

- Suitable for investors with medium to high risk appetite

- Returns are market-linked and not guaranteed

Tax Benefits:

- If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%

The fund's focus on quality stocks and experienced management makes it a viable option for tax-saving investments, but investors should carefully assess their risk tolerance and investment timeline.

FAQs

What is today's NAV of Tata ELSS Fund?

The latest NAV of Tata ELSS Fund is ₹49.32 as of 8th August 2025. NAV is updated daily and reflects the fund's per-unit market value.

What is the AUM of Tata ELSS Fund?

The AUM (assets under management) of Tata ELSS Fund is ₹4,595.04 Cr as of 8th August 2025. This indicates the total value of assets managed by the fund.

What is the expense ratio of Tata ELSS Fund?

The expense ratio of Tata ELSS Fund is 0.71% as of 8th August 2025 for the Direct Plan, which is the annual fee charged for fund management.

What are the returns of Tata ELSS Fund since inception?

The fund has generated returns of 17.58% - 18.29% since its inception. Past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in Tata ELSS Fund?

The minimum SIP investment is ₹500. You can start investing with this small amount monthly through systematic investment plans.

How do I invest in Tata ELSS Fund?

You can invest in Tata ELSS Fund through Allvest by completing your KYC, selecting the fund, choosing investment amount, and making payment through various digital modes.

How to start a SIP in Tata ELSS Fund?

Start a SIP through Allvest by logging into your account, selecting Tata ELSS Fund, choosing SIP option, setting monthly amount and date, then completing the auto-debit mandate setup.

How do I automate an SIP in Tata ELSS Fund?

Set up auto-SIP through Allvest by enabling the auto-debit mandate with your bank, which automatically deducts the chosen amount monthly for seamless investing.

How can I withdraw/redeem my investment in Tata ELSS Fund?

Give a request for redemption of the number of units or amount you want. The request will be acknowledged. You will get information about the redemption and NAV at which redeemed. The amount will be deposited in the designated bank account. Remember the 3-year lock-in period.