Blend of both ‘Value’ and ‘Growth’ style of investing
Invests across market capitalization
Tax Benefit of up to Rs.1,50,000 u/s 80C of the Income Tax Act
Lock-in period of 3 years
Invest as low as Rs. 500 & in multiples of Rs. 500
Note: Investors are advised to consult their tax advisor with respect to the specific tax implications arising by investing in this scheme
|Type of Scheme||An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit|
|Category of the Scheme||ELSS|
|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.|
|Benchmark||S&P BSE SENSEX|
|Plan & Options||
^ Saving of Rs. 46,800 (including cess) on account of investment u/s 80C is calculated as per the highest tax slab applicable for income less than Rs. 50 lakhs for FY 19-20. This deduction is allowed to an individual or an HUF. The information contained herein is of general nature and to illustrate tax saving potential of ELSS and is not a tax advice. Investors are advised to consult their Tax Advisor before investing.
Tata India Tax Savings Fund is suitable for investors who are seeking*:
Investors should consult their financial advisors if in doubt about Whether the product is suitable for them.
Corporate Office Address:
Tata Asset Management Limited, 19th floor, Parinee Crescenzo, ‘G’ Block, Bandra Kurla Complex, Opposite MCA Club, Bandra (E), Mumbai – 400051