Fundcard

Tata India Tax Savings Fund

Value Research Fund Rating as on Jun 30, 2017

Open-ended and Equity: Tax Planning

Risk Grade – Below Average

Return Grade – Above Average

NAV – Rs. 72.14 as on Jul 25, 2017

Net Assets – Rs. 704.9 crore as on Jun 30, 2017

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Tata India Tax Savings Fund
Rating: Fund Performance Vs S&P BSE Sensex
Risk: Below Average
Return: Above Average

Fund
S&P BSE Sensex
(Rebased to 10,000)

History 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
NAV (Rs) 62.64 28.08 47.28 49.78 38.69 46.06 47.20 67.29 72.90 63.40 72.14
Total Return (%) 53.28 -55.17 80.37 17.97 -18.34 27.32 6.85 48.46 12.94 1.86 29.91
+/- S&P BSE Sensex - - - - - - - - - - -
+/- S&P BSE Sensex 6.13 -2.72 -0.66 0.54 6.30 1.62 -2.13 18.57 17.97 -0.09 8.87
Rank (Fund/Category) 17/26 15/29 18/32 18/37 5/36 26/37 21/37 40/73 2/70 59/78 17/81
52 Week High (Rs) - 65.31 47.28 50.95 49.82 47.44 48.72 71.40 74.01 73.47 72.39
52 Week Low (Rs) - 24.99 24.74 39.80 38.69 38.56 41.09 45.19 64.96 52.55 62.85
Net Assets (Rs.Cr) 199.78 91.51 147.54 149.03 123.88 130.77 125.94 182.19 233.77 422.21 667.45
Expense Ratio (%) 2.42 2.50 2.50 2.43 2.44 2.45 2.91 2.82 2.73 2.95 -

Top Holdings Quarterly Returns (%)

Company Sector P/E YTD % Assets Q1 Q2 Q3 Q4 Year

ICICI Bank Financial 19.80 19.04 4.53 2017 16.70 6.04 - - -

HDFC Bank Financial 30.70 44.44 4.10 2016 -5.86 10.29 8.08 -9.23 1.86
ITC FMCG 35.00 20.94 3.98 2015 8.79 -2.98 2.68 4.22 12.94
Yes Bank Financial 21.90 39.60 3.32 2014 6.49 18.71 9.17 7.58 48.46
Tata Motors Automobile -3.22 3.13 2013 -5.11 2.87 -0.72 10.25 6.85
Future Retail Services 52.50 215.30 2.62
HCL Technologies Technology 18.80 8.11 2.41 Trailing Returns (%)
Tata Steel Metals 15.40 41.42 2.39 Return Rank S&P BSE SIP
Avenue Supermarts Services 118.80 2.31 Fund Category Fund/Cat Sensex Return
Somany Ceramics Construction 38.50 57.21 2.15 Year-to-Date 29.91 25.67 17/81 21.04 -
Kotak Mahindra Bank Financial 52.70 37.32 2.10 3-Month 6.08 5.82 35/82 7.63 40.18
Cox & Kings Services 27.90 63.32 2.04 6-Month 20.59 18.20 19/81 16.31 41.94
Eris Lifesciences Healthcare 34.90 1.98 1-Year 22.76 21.80 30/79 14.71 31.95
Dalmia Bharat Construction 368.10 91.04 1.85 2-Year 16.52 12.40 8/71 7.05 24.91
State Bank of India Financial 24.20 18.62 1.84 3-Year 19.97 16.16 6/69 7.24 20.21
HDFC Financial 35.00 29.30 1.83 5-Year 22.23 19.88 8/34 13.85 22.46
Apollo Hospitals Healthcare 62.90 9.24 1.81 7-Year 15.57 12.93 3/33 8.55 19.71
Larsen & Toubro Construction 30.30 -13.22 1.72 10-Year 12.04 10.93 12/26 7.45 17.35
Future Consumer Enterprise Financial 944.90 110.53 1.72 Return less than 1-year are absolute and over 1 year are annualised
ONGC Energy 11.70 -14.52 1.67
Bajaj Finance Financial 43.60 93.44 1.66 Top 10 Sector Weights (%) Risk Analysis
DCB Bank Financial 27.60 83.18 1.63 Volatility Measurements
Fund S&P BSE
Sensex
Cummins India Engineering 38.80 23.07 1.62
Financial 29.49 - Standard Deviation 14.88
Natco Pharma Healthcare 35.00 71.77 1.57
Sun Pharmaceutical Inds. Healthcare -10.02 1.57 Construction 14.86 - Sharpe Ratio 0.93
Services 10.55 - Beta 1.00
FUND STYLE Healthcare 8.61 - R-Squared 0.77
Portfolio Characteristics Investment Style Automobile 6.22 - Alpha 10.03
Growth Blend Value
Total Stocks 65 Engineering 6.10 -
Large Medium Small

Avg Mkt Cap (Rs.Cr) Composition (%)

Capitalisation

30464 Metals 4.70 -

Portfolio P/B Ratio 2.99 Chemicals 4.66 - Equity 97.57
Portfolio P/E Ratio 27.64 Energy 4.17 - Debt 0.00
3Y Earnings Growth (%) 3.95 FMCG 3.98 - Cash 2.43
Returns as on July 25, 2017, Portfolio related data as on June 30, 2017
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 348.47%
A fund which suffered a bad patch from 2008 to 2010 but got its act The scheme seeks long-term
together in the last six years, it has climbed to a four-star rating lately. capital growth. Investments in
The fund's mid-cap allocations, its focus on growth-style investing and
equity would be at least 80 per
penchant for buying quality stocks, which have been huge gainers in this
rally, have all lifted performance. The fund's strategy relies on buying cent of the corpus, while
businesses which have compounding characteristics, strong growth allocation to debt and money
potential and high capital efficiency. A part of the portfolio is allocated to market instruments can go up
stocks in special situations arising out of the market, industry or company to 20 per cent.
QUARTER 117.24% developments. This 'value' characteristic is likely to have helped the fund's
returns in the last one year, when cyclicals have bounced back and purely
quality-focused funds have suffered a setback in returns. The fund's
performance relative to the category and the benchmark was somewhat
patchy until 2009 but has seen improvement in the last five years.
Historically, this fund has been good at containing losses during bear
phases such as 2001, 2008 and 2011. It barely beat its benchmark during
bull phases like 2006 and 2009. But it has aced this particular bull phase
MONTH from 2014. The fund maintains a 45-60 per cent allocation to large-cap
51.49%
stocks and 25-35 per cent to mid caps. In the last few months, large caps
have made up about 45-50 per cent of the assets. This fund is for investors
with some risk appetite and who seek a multi-cap approach to tax-
planning.

Portfolio Manager

Rupesh Patel
Worst Performance Since Apr 2015

YEAR -62.03%

QUARTER -53.23%

MONTH -36.08%
Investment Information

AMC : Tata Asset Management Private Ltd Min Investment (Rs.) : 500
Website : www.tatamutualfund.com Min SIP Investment (Rs.) : 500
Registrar : Computer Age Management Services Ltd. Exit Load : Nil
Launch : March 1996
Benchmark : S&P BSE Sensex
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (72.14) , Growth (16.46)

NAV S&P BSE Sensex

How to Read the Fundcard - Equity

Value Research Rating, Risk and Return

z Fund Rating — The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that an equity fund has generated over the pre-
vious three and five years, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z Risk Grade — A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past five years. This grade is relative to
other fund of the same type.
z Returns Grade — A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the fund’s performance Sample Mutual Fund
since its launch. Graph of how an investors’ money
Rating:  Fund Performance Vs S&P CNX Nifty
z NAV (Year End) — The last Risk: Low 90000
would have grown in the fund since
NAV of each year. Return: Above Average its launch. A similar graph of the
70000
z Total Return — The percent- Fund
fund’s benchmark index is also
age returns that an investor S&P CNX Nifty
50000
given. For ease of comparison,
would have got over the (Rebased to 10,000) 30000 both have been adjusted to start at
year. 10000
10,000.
z +/- — In the given year, a History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

comparison of the fund’s NAV (Rs) - - - - 10.33 19.71 23.94 33.94 50.13 81.34 41.89
Total Return (%) - - - - - 90.80 21.46 41.77 47.70 62.26 -48.50
returns with that of two stock +/-S&P CNX Nifty (%) - - - - - 18.90 10.78 5.43 7.87 7.49 3.29
market indices +/-BSE 200 (%) - - - - - -3.67 5.77 7.97 8.12 1.82 7.96
Rank (Fund/Category) - - - - - 54/70 50/79 65/101 27/145 71/162 34/192
z Rank — The fund’s perform- 52 Week High (Rs) - - - - 10.33 19.71 23.94 33.94 50.76 81.46 83.52
ance rank within its category 52 Week Low (Rs) - - - - 8.84 9.91 16.36 22.34 32.26 46.06 36.49

for the year and the total Net Assets (Rs.Cr)

Expense Ratio (%)
-
-
-
-
-
-
-
-
51.40
2.49
15.15
2.50
9.11
2.50
140.54
2.50
124.74
2.50
374.84
2.35
343.03
2.31
number of funds out of Top Holdings Quarterly Returns (%) Quarterly Returns (%)
which it has been ranked. Company Sector P/E 2008 Ret % Assets Q1 Q2 Q3 Q4 Year

z 52-Week NAV Range — The Bharti Airtel Communication 18.56 -28.10 6.49 2008 -24.24 -14.18 -2.23 -18.97 -48.50 The funds’ returns over each quar-
highest and the lowest NAV
Reliance Industries
ONGC
Energy
Energy
11.50
8.31
-57.30
-46.00
5.42
4.50
2007
2006
-1.42
19.42
14.53
-7.25
16.01
19.39
23.88
11.70
62.26
47.70
ter of the last five years, along with
that the fund recorded dur- HDFC Bank Financial 20.67 -42.26 3.93 2005 -0.04 6.52 23.26 8.02 41.77 the entire year’s returns.
HDFC Financial 17.10 -48.21 3.51 2004 0.71 -13.50 15.08 21.15 21.46
ing that year Satyam Computer Services Technology 7.86 -62.12 3.16
Trailing Returns (%)
z Net Assets — The total
ITC FMCG 21.00 -18.47 2.72
Axis Bank Financial 10.42 -47.82 2.70 Return Rank S&P SIP
amount of investor’s assets Infosys Technologies Technology 14.29 -36.79 2.64 Fund Category Fund/Cat CNX Nifty Return
United Spirits FMCG 23.26 -55.48 2.34
that the fund was managing
Year-to-Date -48.50 -55.29 34/192 -51.79 -40.18
ICICI Bank Financial 9.49 -63.62 2.26 3-Month -18.97 -22.88 41/213 -24.53 -0.86
at the end of the year. Dr. Reddy's Lab
State Bank of India
Health Care
Financial
13.61
9.39
-36.12
-45.67
2.19
2.13
6-Month -20.78 -27.09 38/209 -26.76 -33.43
Trailing Returns (%)
1-Year -48.50 -55.29 34/192 -51.79 -40.18
z Expense Ratio — The per- Crompton Greaves Engineering 12.29 -65.84 2.12 2-Year -8.59 -16.06 22/158 -13.63 -24.19

centage of the average daily

Indian Oil Energy -- -46.33 1.95 3-Year 7.27 -1.39 12/134 1.42 -9.43 Performance data for various stan-
Cipla Health Care 22.87 -12.09 1.70
assets that the fund charged Sterlite Industries Metals 11.81 -74.80 1.61
5-Year
7-Year
16.27 12.91
- -
19/67
-
9.50
-
9.90
-
dard periods. All returns are in per-
as its management expens-
Reliance Communications
Jindal Steel & Power
Communication
Metals
22.87
7.07
-69.56
-70.31
1.51
1.46
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. Larsen & Toubro Diversified 17.65 -62.88 1.43
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
ods are not.
Zee Entertainment Services 16.01 -57.45 1.41
CESC Energy 6.21 -62.11 1.37 Fund Nifty Volatility Measurements
Tata Consultancy Services Technology 12.79 -55.87 1.36 Financial 16.24 11.90 Standard Deviation 28.32 z Fund — The fund’s own
ING Vysya Bank Financial 8.89 -50.78 1.35 Energy 14.67 37.49
Nestle India FMCG 26.11 -3.14 1.23 Communication 8.00 11.34
Sharpe Ratio
Beta
0.21
0.88
returns.
Top Holdings Portfolio Characteristics FUND STYLE
Technology
FMCG
7.16
6.29
10.95
6.85
R-Squared 0.96 z Category — The average
Investment Style
Growth Blend Value Health Care 5.00 2.74
Alpha 4.77
returns for all funds in the cate-
A detailed report on the latest Total Stocks 39
Engineering 4.01 5.26
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 28180 Composition (%)

Capitalisation

investment portfolio that the fund Portfolio P/B Ratio 3.03

Metals 3.07 4.43
Equity 71.37
Services 2.93 0.28
z Rank — The funds rank, out of
is holding. For each company, Portfolio P/E Ratio 13.70 Diversified 1.43 2.97 Debt 18.46
3Y Earnings Growth (%) 9.80 Cash 10.17 the total number of funds in the
the sector, the P/E ratio, and the Returns as on 31st December 2008, Portfolio related data as on 30th November 2008
category
year’s returns are given. Also
z Index — The returns of the
stated is the percentage of the
fund’s benchmark index.
fund’s investments that are
z SIP Return (Annualised) —
invested in that company.
The return that an investor
would have made by investing
in the fund’s monthly systemat-
Portfolio Characterstics Fund Style Top 10 Sector Composition (%) ic investment plan over the
Weights (%) period.
Aggregate measures regarding A nine-cell matrix of the overall style The proportion of
the fund’s investments. The mar- of investment that the fund follows, The percentage of the fund’s holdings
ket capitalisation, P/B ratio and based on its latest portfolio. On the the equity invest- that are held in
P/E ratio are weighted averages vertical axis, the three steps denote ments of the fund each of the three
of the latest numbers of the com- the weighted average market capital- that fall under each basic types of
panies that the fund is invested isation of the fund’s investments. The sector of the econo- assets. Risk Analysis
in. Three Year Earnings Growth horizontal axis denotes, on a weight- my. The top 15 sec-
is the weighted average of the ed average basis, whether the com- tors for each fund A range of statistical measures that
compounded average growth in panies that the fund has invested in are given. can be used to evaluate the per-
the net profits of each company. are value stocks, growth stocks, or a formance, risk, and return of a
blend of the two. mutual fund.