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Home > Products > Equity Funds > Tata Tax Advantage Fund- 1

Tata Tax Advantage Fund- 1

Type of Scheme  A close ended Equity Linked Saving Scheme (ELSS) for residents.
Launch Date  January 16, 2006
Fund Objective The objective of the scheme will be to provide income distribution and/or medium to long term capital gains while at all times emphasising the importance of capital appreciation.
 Fund Investment Strategy To provide medium to long term capital gains along with income tax relief to its  unitholders while emphasizing the importance of capital appreciation.
Asset Allocation
  Proportion ** % of funds available  
Instrument Minimum upto Maximum upto Risk Profile
     
Equity & Equity Related instruments 80 100  High
Debt, Money Market and Securitised Debt instruments 0 20   Low to Medium
Investment by the scheme in securitised debt, will not normally exceed 20% of the debt investment in the scheme.
** At the time of investment.
Liquidity NAV calculation on all business days
Options Available Growth
Load Structure Entry Load - 2%
Exit Load - Nil.
Minimum Application Amount Rs.500/- and thereafter in multiples of Rs.500/-

 

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