Overview
NAV Performance
₹53.24
as on 23 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 | 18.16 | 13.28 |
| Sharpe Ratio | 0.33 | 0.57 |
| Portfolio Beta | 0.93 | NA |
| R Squared | 0.49 | NA |
| Treynor | 0.54 | NA |
| Jenson | -0.09 | NA |
Holdingsas on 30 Jun 2026
Sectorsas on 30 Jun 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 | 15.35% | 12.83% | 11.27% | ₹53,285 | ₹41,158 | ₹34,949 |
| Last 1 Year | 3.42% | -1.71% | -5.42% | ₹10,342 | ₹9,829 | ₹9,458 |
| Last 3 Years | 14.92% | 12.92% | 8.80% | ₹15,183 | ₹14,403 | ₹12,882 |
| Last 5 Years | 14.49% | 12.40% | 9.98% | ₹19,680 | ₹17,945 | ₹16,097 |
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
Scheme Documents
What is an ELSS mutual fund?
What is Tata ELSS Fund?
Is Tata ELSS Fund eligible for 80C tax benefit?
How does Tata ELSS Fund compare to other tax-saving options?
What is the lock-in period of Tata ELSS Fund?
Can I do SIP in Tata ELSS Fund?
What are the benefits of ELSS mutual funds?
Which is better - Fixed Deposit or ELSS?
Is Tata ELSS Fund a good option for long-term wealth creation?
How to invest in Tata ELSS Fund and claim tax benefits?