NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹91.68
0.14%
NAV as on 17 Dec 24, 12:00 AM
moderate risk
equity savings
equity
NAV as on 17 Dec 24, 12:00 AM
moderate risk
equity savings
equity
11.90%p.a.
Last 1Y
9.09%p.a.
Last 3Y
9.28%p.a.
Last 5Y
8.25%p.a.
Since Inception
About Tata Equity Savings Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Tata Equity Savings Growth scheme from Tata Asset Management Limited. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Jul 1997, Tata Equity Savings Growth is Equity Savings fund of its category with 224.14 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- Tata Equity Savings Growth delivered 11.9% annual returns during the last year. It has delivered 8.3% average annual returns since the fund was launched.
- Tata Equity Savings Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the scheme is to provide long term capital appreciation and income distribution to the investors by predominantly investing in equity and equity related instruments, equity arbitrage opportunities and investments in debt and money market instruments. 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.
Top 10 Holdings
7.1% Govt Stock 2034
13.68%
Reliance Industries Ltd
6.01%
Bharti Airtel Ltd
5.85%
Larsen & Toubro Ltd
5.16%
BHARTI AIRTEL LTD^
5.10%
NTPC Ltd
4.85%
HDFC Bank Ltd
4.75%
State Bank of India
4.58%
RELIANCE INDUSTRIES LTD^
4.38%
Tata Consultancy Services Ltd
4.36%
Fund Managers
- Murthy Nagarajan (Apr 2017 - Present)
- Sailesh Jain (Nov 2018 - Present)
- Tapan Patel (Aug 2023 - Present)
Key Information
View Scheme Document
Tata Equity Savings Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Tata Equity Savings Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Tata Equity Savings Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Tata Equity Savings Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
ICICI Prudential Equity Savings Fund Growth
moderate risk | hybrid (nc)
8.6%
Kotak Equity Savings Fund Growth
moderate risk | equity
11.6%
DSP Equity Savings Fund Plan Growth
moderate risk | equity
9.9%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved