TATA AIA is launching a new "Tax Bonanza Consumption Fund," capitalizing on anticipated government tax relief aimed at boosting the economy and increasing disposable income. This fund will invest in consumption-focused sectors, holding a diversified portfolio of approximately 80-100 stocks, including prominent companies in areas like liquor, automobiles, telecom, and airlines. The New Fund Offer (NFO) for the Tax Bonanza Consumption Fund will be open from March 17th till March 31st.
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Investment Plans
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
What is the TATA AIA Tax Bonanza Consumption Fund?
The TATA AIA Tax Bonanza Consumption Fund is a new fund launched by TATA AIA that focuses on investing in companies expected to benefit from the increasing consumption in the Indian economy. It aims to capitalize on India's growth story by investing in a portfolio of 80-100 stocks across various consumption-focused sectors. The fund is managed by Nimesh Mistry and was launched with the backdrop of government initiatives aimed at boosting the economy and increasing disposable incomes, which are key drivers for consumption growth.
Highlights of TATA AIA Tax Bonanza Consumption Fund
Particulars
Details
Risk Profile
High
NFO Launch Date
17th March 2025
NFO Duration
17th to 31st March 2025
Current NAV
₹10
Minimum Investment
₹2,000 per month
Reasons Why You Should Invest in TATA AIA Tax Bonanza Consumption Fund
Here are several reasons why you might consider investing in the TATA AIA Tax Bonanza Consumption Fund:
Focus on a Growing Sector: The fund invests in consumption-focused sectors, which are poised for growth in the Indian economy.
Potential for High Returns: The India Consumption Fund, a similar fund from TATA AIA, has demonstrated strong historical performance.
Experienced Fund Management: The Tax Bonanza Consumption Fund will be managed by Nimesh Mistry, who has 20 years of industry experience.
Favorable Economic Conditions: Government initiatives and tax relief measures are expected to boost disposable incomes and drive consumption, creating a favorable environment for the fund's investments.
Few Consumption Portfolio Stocks*
…80-100 stock *The stocks mentioned above are for illustrative purposes only and are subject to change.
India's Consumption Growth Story
Several factors make this an opportune time to invest in a consumption-focused fund:
Government Initiatives: The government's initiatives, including tax relief measures in the Union Budget '25, are expected to boost the economy and increase disposable incomes.
Tax Benefits: Approximately 1 crore taxpayers are expected to benefit from the tax relief, leading to increased disposable income for the middle class.
Increased Disposable Income: No tax on individual income up to ₹12 lakh per annum from FY26 will further enhance household disposable incomes, providing a significant boost to consumption.
India's Growth Trajectory: India is projected to be the fastest-growing consumer market among top economies.
Past Performance of TATA AIA India Consumption Fund
TATA AIA's previous India Consumption Fund, launched on October 5, 2015, has demonstrated strong performance. As of February 28, 2025, it had an NAV of ₹50.73 and an AUM of ₹1,723.8 Cr. The fund has shown steady growth, recovering strongly from the COVID-19 impact, and has delivered consistently superior returns versus the benchmark (S&P BSE 200).
Returns Since Inception: 20.6%
5-year Returns: 27.6%
Best Investment Plans to Invest in TATA AIA Tax Bonanza Consumption Fund
How to Buy TATA AIA Tax Bonanza Consumption Fund from Policybazaar?
To buy the TATA AIA Tax Bonanza Consumption Fund from Policybazaar, follow these steps:
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Note: Your details are kept confidential and will only be used to customize your benefits.
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Step 4: After providing your personal information, you'll be presented with TATA AIA Life Investment Plans on a blue and red card. Select the TATA AIA Tax Bonanza Consumption Fund option that best suits your needs from the following options:
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Step 6: Review plan details carefully. Once satisfied, click on the "Proceed" button and follow the prompts on the screen to move forward with the purchase.
Step 7: You will be prompted to enter essential details and specify the amount you want to invest. Select the preferred payment method for your investment.
Step 8: Provide your required KYC (Know Your Customer) details. This step is essential for regulatory compliance.
Step 9: Complete the payment process. Upon successful payment, you will receive confirmation of your purchase.
What are the Benefits of Purchasing the TATA AIA Tax Bonanza Consumption Fund from Policybazaar?
Investing through Policybazaar offers a range of valuable benefits:
Convenience: Invest online in the TATA AIA Tax Bonanza Consumption Fund via Policybazaar to avoid physical bank or agent visits.
Comparison: Compare multiple investment plans, including new funds, to make informed decisions and find the best market deals.
Expert Guidance: Access financial experts who help select the right NFO plan based on your needs and goals.
Tax Benefits: Maximize tax advantages under Section 80C and Section 10(10D) of the Income Tax Act through investments with Policybazaar.
FAQs
How many stocks will the TATA AIA Tax Bonanza Consumption Fund invest in?
The fund will invest in a portfolio of 80-100 stocks.
Who is the fund manager for the Tax Bonanza Consumption Fund?
Nimesh Mistry, who holds 20 years of industry experience, will manage the fund.
What tax benefits are contributing to increased disposable income?
No tax on individual income up to Rs 12 lakh per annum from FY26 is expected to boost disposable incomes.
How does the fund align with India's economic growth story?
The fund is designed to benefit from India's strong consumption growth. It highlights that India is expected to be the fastest-growing consumer market among top economies, making a consumption-focused fund a potentially attractive investment option.
Can you provide more details on TATA AIA’s other product offerings?
TATA AIA offers a suite of products across various categories, including Growth, Child, Retirement, and Capital Guarantee. These include plans like Smart SIP, Smart Fortune Plus, and others.
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in *Past 10 Year annualised returns as on 01-04-2025 *All savings plans are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs. **Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
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