Overview
NAV Performance
₹46.43
as on 02 Jul 2026Summary
The Tata ELSS 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.
Investment Philosophy
The portfolio constructed by the fund manager can be divided into two broad groups: Compounders and Re-rating Opportunities.
- Compounders - Businesses that have a long runway for growth and have some sort of market leadership in their product category (in terms of volumes, revenues, costs/profits per unit or in terms of Return on Capital. etc. These companies are also likely to show consistency in generating profits and have a capable management team and prudent capital allocation policies.
- Re-Rating Opportunities - These are businesses that are currently underestimated by the market for various reasons. They could be cyclical businesses which the markets believe are in a downcycle, while there are indications of a recovery. They could be companies undergoing a transformation within the business due to a change in management or policy. Investment opportunities could also arise due to a change at the industry level due to consolidation or a change in the demand and supply dynamics. There is the potential for the market to re-rate the valuations of the companies and correct its underestimation.
Portfolio Positioning and Construction
- The portfolio is constructed on a bottom-up basis. The portfolio is well diversified across sectors and across market capitalization
- Go Anywhere -A diversified portfolio that shifts across market caps
- Bottom Up – Business fundamentals and valuation to be primary driver of stock selection
- Low Churn – Low churn portfolio, allowing investor to cash in on the compounding effect to build wealth
- Dual Benefit – Long term capital appreciation and benefit of tax saving.
Exit Load
Nil (Compulsory lock-in period for 3 years)
Minimum Investment Amount
₹ 500
Lumpsum
₹ 500
Calculators
₹500
₹ 10 Lakhs
Worth of investments in last
This Fund
N.A.
0%
Nifty 500 TRI
N.A.
0%
Nifty 50 TRI
N.A.
0%
Holding Analysis
Key Measures ^
| Key Measures** | Fund | Benchmark |
|---|---|---|
| Standard Deviation | 18.28 | 13.4 |
| Sharpe Ratio | 0.37 | 0.63 |
| Portfolio Beta | 0.93 | NA |
| R Squared | 0.5 | NA |
| Treynor | 0.61 | NA |
| Jenson | -0.09 | NA |
Holdingsas on 31 May 2026
Sectorsas on 31 May 2026
Returns over the years
| Current value of ₹10,000 invested | ||||||
|---|---|---|---|---|---|---|
| Annualized (%) | Nifty 500 TRIBenchmark(%) | Nifty 50 TRIAdditional Benchmark(%) | Scheme | Nifty 500 TRIBenchmark(%) | Nifty 50 TRIAdditional Benchmark(%) | |
Since Inception 31 Mar 1996 | 13.83% | 12.77% | 11.20% | ₹45,098 | ₹40,467 | ₹34,376 |
| Last 1 Year | 3.26% | 0.28% | -3.85% | ₹10,325 | ₹10,028 | ₹9,616 |
| Last 3 Years | 14.63% | 13.92% | 9.54% | ₹15,058 | ₹14,778 | ₹13,140 |
| Last 5 Years | 12.97% | 12.49% | 9.88% | ₹18,393 | ₹18,007 | ₹16,012 |
Fund Managers
Sailesh Jain
Managing since 16 Dec 2021
Riskometer
This product is suitable for investors who are seeking* :
- Long Term Capital Appreciation
- An equity linked savings scheme (ELSS) Investing predominantly in Equity & Equity related instruments.
** Investors should understand that their principal will be at Very High risk