Fundalysisby DARKHORSESTOCKS

Scheme

Tata ELSS Tax Saver Fund

Holds 62 companies worth ₹4,331 Cr in Sept 2026.

  • Fund house

    TataThe fund house that runs this scheme.

  • AUM

    ₹4,427 CrTata ELSS Tax Saver Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.7% on Aug 2026, ₹4,747 Cr.

  • Largest holding

    Bharti Airtel LimitedBharti Airtel Limited is 5.7% of this scheme's NAV.

  • Fund manager

    Sailesh JainRuns it since 16 Dec 2021, as the fund house dates it.

Overview(9 Oct 2026)

Fund managers1

  1. Sailesh JainFund manager · Dec 2021 · 23y · MBA B.Com
  1. Rahul SinghJul 2025 – Dec 2025
  2. Tejas GutkaMar 2021 – Jul 2025

Key facts

Benchmark
Nifty 500 TRI
Risk
Very High
Expense
Regular 1.94% · Direct 0.88%
Exit load
Nil
Started
31 Mar 1996
Minimum
₹500

Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

What changed(11 changes)

Sept 2026

1 change
  1. Expense ratio
    11 SeptDirect 0.9% → 0.89%

Aug 2026

1 change
  1. Expense ratio
    13 AugRegular 1.9% → 1.94%Direct 0.81% → 0.9%

Apr 2026

1 change
  1. Expense ratio
    29 AprRegular 1.83% → 1.9%Direct 0.74% → 0.81%

Source.Its filings at NSE, since Mar 2025.

Fund managers over time(Mar 2021 – now)

  1. Sailesh Jain
  2. Rahul Singh
  3. Tejas Gutka
MainCoSlice20222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Mar 2025 – Oct 2026)

Every change to the expense ratio, newest first.
8 changesRegularDirectΔ pt
11 Sept 20261.94%0.89%0.01
13 Aug 20261.94%0.90%0.09
29 Apr 20261.90%0.81%0.07
27 Feb 20261.83%0.74%0.02
31 Aug 20251.82%0.72%0.01
31 Jul 20251.82%0.71%0
30 Jun 20251.81%0.71%0
31 Mar 20251.82%0.71%–
Direct plan, 11 Sept 2026
0.89%
Regular plan 1.94% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Oct 2026)

Objective

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation. 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.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit.
Benchmark
Nifty 500 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity Related Instruments (Listed / to be listed)
    Allowed80–100%Holds97.8%
  2. Debt & Debt Related Instruments (Listed / Securitised)
    Allowed10–20%
  3. Debt & Debt Related Instruments (Unlisted /Securitised)
    Allowed5–10%
  4. Money Market
    Allowed5–100%

Holds in Sept 2026.97.8% equity · 2.2% debt and cash

How to invest(9 Oct 2026)

Buying

To start
₹500, then in multiples of ₹500
To add
₹500, then in multiples of ₹500
Most
Not Applicable.
Systematic
SIP-- Monthly/Monthly/Quarterly/Quarterly/Weekly/Daily (Business Days) ;STP --Monthly/Quarterly/Weekly/Daily (Business Days) ;SWP --Monthly/Quarterly/Half-yearly/Yearly
Dates
SIP-- Any day/Any day/Any day/Any day/Monday-Friday/All Business Days ;STP --Any day/Any day/Monday-Friday/All Business Days ;SWP --Any day/Any day/Any day/Any day
Minimum
SIP-- 500.00/1,000.00/1,000.00/1,500.00/500.00/500.00 ;STP --500.00/500.00/500.00/500.00 ;SWP --500.00/500.00/500.00/500.00, then sIP-- 500.00/500.00/500.00/500.00/500.00/500.00 ;STP --1.00/1.00/1.00/1.00 ;SWP --1.00/1.00/1.00/1.00
Instalments
SIP-- 12 Instalments/6 instalments/6 instalments/4 instalments/12 instalments/12 instalments ;STP --500.00 to 999.00 - 12 instalments; 1,000.00 to 1,999.00 - 6 instalments; 2,000.00 and more - 3 instalments ;SWP --1.00/1.00/1.00/1.00
Most
SIP-- 999.00/Not Applicable/Not Applicable/Not Applicable/Not Applicable/Not Applicable ;STP --Not Applicable/Not Applicable/Not Applicable/Not Applicable ;SWP --Not Applicable/Not Applicable/Not Applicable/Not Applicable

Selling and switching

To redeem
₹500 or Not Applicable. units
Minimum balance
No mimimum balance required or No mimimum unit balance required units
Switch minimum
For all units there is no minimum switch amount. or For all units there is no minimum switch units. units
Switch multiples
Not Applicable. or Not Applicable. units
Switch most
Not Applicable. or Not Applicable. units

Scheme details(9 Oct 2026)

What it is

Category
ELSS Fund
Offer
20 Dec 1995 to 31 Mar 1996
Started
31 Mar 1996
Reopened
1 Apr 1999
Plans
Tata India Tax Savings Fund Regular Plan IDCW · Tata India Tax Savings Fund Regular Plan Growth · Tata India Tax Savings Fund Direct Plan Growth · Tata India Tax Savings Fund Direct Plan IDCW
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
HDFC Bank LTD
Auditor
S.R. Batliboi & CO. LLP
Registrar
Computer Age Management Services Limited
SEBI code
TATA/O/E/ELS/95/11/0005