Investment Objective

To generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Key Features of the Fund

• Investors looking for tax savings and wealth creation over the long term can invest in this scheme.

The Tata India Tax Savings Fund is an open ended equity linked tax saving scheme (ELSS) with a compulsory lock-in period of three years. It has the dual advantage of Tax Benefit under Section 80C of the Income Tax Act and the opportunity to catch the long term upside potential of the Indian equity market. The fund has a 3 year lock in period that helps the fund management in taking a long term view and lends stability to performance.

WHY TATA INDIA TAX SAVINGS FUND?

Blend of both 'value' and 'growth' style of investing in one portfolio across market capitalization segments
Invests predominantly in well managed, good quality, fundamentally strong companies with above average growth prospects
The 3yr lock-in period allows the Fund Manager to take long term call on stocks not withstanding short term volatility in the market for exploiting true wealth creation potential of equities
Ideal for investors seeking a combination of long term wealth creation and tax savings u/s 80C upto Rs.1,50,000/-

Asset Allocation

80% to 100% investment in Equity & related instruments. 10% to 20% investment in listed debt instruments. 5% to 10% investment in unlisted debt instruments and 5% to 100% investment in Money market instruments.

• Ideal for Investors:

o Aim to seek capital appreciation opportunities in medium to long term horizon
Investors are advised to consult their tax advisor with respect to the specific tax implications arising by investing in this scheme

• Key Attributes:
o Benefit from a portfolio of fundamentally good stocks selected using a mix of top-down and bottom-up approach to stock selection
o An avenue to save tax effectively. U/s 80C of Income tax, an investment of Rs. 1.5 lac into an ELSS like Tata India Tax Savings Fund qualifies for a commensurate deduction of Rs. 1.5 lac from the taxable income irrespective of the income slab. This applies for all individuals and HUFs for investing in a range of options including ELSS

o Tax free growth potential of the savings