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Top 10 Best performing ELSS Mutual Funds of 2022 | Fincash.com

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Best ELSS Mutual Funds for Investment of 2022

Updated on September 27, 2023 , 475 views

Best elss Funds or Equity Linked Savings Schemes are equity diversified Mutual Funds that majorly invest in equity-linked instruments (like shares and stocks) to provide Market-linked returns. Typically, 80% of the fund corpus is invested in equity and the remaining in debt instruments. Best ELSS funds are also known as the tax saving Mutual Funds as they offer tax benefits under Section 80C of the income tax Act. for year 2022 best funds are listed below as per their performance.

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Top 10 ELSS Funds 2022 Based on Performance

FundNAVNet Assets (Cr)2022 (%)2021 (%)2020 (%)2019 (%)2018 (%)
HDFC Tax Saver Fund Growth ₹927.646
↑ 2.38
₹11,29610.535.35.83.7-10.9
SBI Magnum Tax Gain Fund Growth ₹282.504
↑ 1.48
₹15,3746.93118.94-8.3
Kotak Tax Saver Fund Growth ₹85.294
↑ 0.43
₹4,0516.933.214.912.7-3.8
Nippon India Tax Saver Fund (ELSS) Growth ₹90.333
↑ 0.39
₹12,6346.937.6-0.41.5-20.7
Taurus Tax Shield Growth ₹132.84
↑ 0.24
₹656.620.113.77.70
Tata India Tax Savings Fund Growth ₹32.9538
↑ 0.08
₹3,5575.930.411.913.6-8.4
Franklin India Taxshield Growth ₹1,025.21
↑ 4.34
₹5,2505.436.79.85.1-3
PGIM India Tax Savings Fund Growth ₹27.17
↑ 0.10
₹5574.737.517.98.2-6.4
DSP BlackRock Tax Saver Fund Growth ₹94.037
↑ 0.36
₹11,8054.535.11514.8-7.6
Principal Tax Savings Fund Growth ₹379.456
↑ 0.41
₹1,0904.332.118.92.5-9.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23

Top Performing Best ELSS Funds

1. HDFC Tax Saver Fund

The fund plans to provide long term growth of capital.

HDFC Tax Saver Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of since its launch.  Ranked 27 in ELSS category.  Return for 2022 was 10.5% , 2021 was 35.3% and 2020 was 5.8% .

Below is the key information for HDFC Tax Saver Fund

HDFC Tax Saver Fund
Growth
Launch Date 31 Mar 96
NAV (22 Aug 23) ₹927.646 ↑ 2.38   (0.26 %)
Net Assets (Cr) ₹11,296 on 31 Jul 23
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.84
Sharpe Ratio 1.44
Information Ratio 0.61
Alpha Ratio 6.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹9,852
30 Sep 20₹8,953
30 Sep 21₹14,351
30 Sep 22₹15,363
30 Sep 23₹18,871

HDFC Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for HDFC Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 1.5%
3 Month 10.7%
6 Month 15.9%
1 Year 19.9%
3 Year 25%
5 Year 11.8%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2022 10.5%
2021 35.3%
2020 5.8%
2019 3.7%
2018 -10.9%
2017 38.7%
2016 7.6%
2015 -6.2%
2014 56.4%
2013 5.1%
Fund Manager information for HDFC Tax Saver Fund
NameSinceTenure
Roshi Jain13 Jan 221.63 Yr.
Dhruv Muchhal22 Jun 230.19 Yr.

Data below for HDFC Tax Saver Fund as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services35.2%
Technology12.27%
Health Care11.77%
Industrials10.77%
Consumer Cyclical6.55%
Utility5.99%
Communication Services5.85%
Energy4.96%
Real Estate2.28%
Asset Allocation
Asset ClassValue
Cash4.35%
Equity95.65%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹1,035 Cr10,800,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | HDFCBANK
9%₹1,006 Cr6,400,000
↑ 300,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL
6%₹642 Cr7,500,000
Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jan 22 | HAL
5%₹585 Cr1,500,000
NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 30 Nov 16 | 532555
5%₹573 Cr26,000,000
Cipla Ltd Shs Dematerialised (Healthcare)
Equity, Since 31 Oct 09 | 500087
5%₹566 Cr4,500,000
↑ 200,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 06 | SBIN
5%₹561 Cr10,000,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH
5%₹539 Cr4,600,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | M&M
4%₹504 Cr3,200,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 08 | INFY
4%₹502 Cr3,500,000
↓ -200,000

2. SBI Magnum Tax Gain Fund

To deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.

SBI Magnum Tax Gain Fund is a Equity - ELSS fund was launched on 7 May 07. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.9% since its launch.  Ranked 31 in ELSS category.  Return for 2022 was 6.9% , 2021 was 31% and 2020 was 18.9% .

Below is the key information for SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund
Growth
Launch Date 7 May 07
NAV (22 Aug 23) ₹282.504 ↑ 1.48   (0.53 %)
Net Assets (Cr) ₹15,374 on 31 Jul 23
Category Equity - ELSS
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 1.79
Sharpe Ratio 1.65
Information Ratio 0.48
Alpha Ratio 9.77
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹10,180
30 Sep 20₹10,464
30 Sep 21₹16,311
30 Sep 22₹16,576
30 Sep 23₹21,835

SBI Magnum Tax Gain Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for SBI Magnum Tax Gain Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 1.5%
3 Month 13.4%
6 Month 20.7%
1 Year 25.3%
3 Year 25.1%
5 Year 14.2%
10 Year
15 Year
Since launch 11.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 6.9%
2021 31%
2020 18.9%
2019 4%
2018 -8.3%
2017 33%
2016 2.1%
2015 3.2%
2014 49.1%
2013 7%
Fund Manager information for SBI Magnum Tax Gain Fund
NameSinceTenure
Dinesh Balachandran10 Sep 166.98 Yr.

Data below for SBI Magnum Tax Gain Fund as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services25.93%
Industrials14.7%
Health Care9.35%
Consumer Cyclical8.64%
Energy8.31%
Basic Materials8.1%
Technology8.03%
Utility5.01%
Consumer Defensive3.14%
Communication Services3.06%
Real Estate1.42%
Asset Allocation
Asset ClassValue
Cash4.32%
Equity95.68%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK
5%₹711 Cr7,416,237
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 07 | LT
4%₹667 Cr2,468,968
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK
4%₹667 Cr4,243,253
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M
3%₹538 Cr3,415,083
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTL
3%₹476 Cr5,563,576
Cummins India Ltd (Industrials)
Equity, Since 28 Feb 19 | 500480
3%₹472 Cr2,763,190
↓ -94,007
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE
3%₹466 Cr1,937,574
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 11 | 532215
3%₹437 Cr4,492,332
State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN
3%₹431 Cr7,685,639
Cipla Ltd Shs Dematerialised (Healthcare)
Equity, Since 31 Jul 18 | 500087
3%₹428 Cr3,403,528

3. Kotak Tax Saver Fund

The investment objective of the scheme is to generate longterm capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.

Kotak Tax Saver Fund is a Equity - ELSS fund was launched on 23 Nov 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.8% since its launch.  Ranked 19 in ELSS category.  Return for 2022 was 6.9% , 2021 was 33.2% and 2020 was 14.9% .

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund
Growth
Launch Date 23 Nov 05
NAV (22 Aug 23) ₹85.294 ↑ 0.43   (0.51 %)
Net Assets (Cr) ₹4,051 on 31 Jul 23
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 1.31
Information Ratio 0.21
Alpha Ratio 4.53
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹10,861
30 Sep 20₹11,107
30 Sep 21₹17,366
30 Sep 22₹17,941
30 Sep 23₹21,534

Kotak Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for Kotak Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.7%
3 Month 9.8%
6 Month 15.1%
1 Year 18%
3 Year 24%
5 Year 14.4%
10 Year
15 Year
Since launch 12.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 6.9%
2021 33.2%
2020 14.9%
2019 12.7%
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
Fund Manager information for Kotak Tax Saver Fund
NameSinceTenure
Harsha Upadhyaya25 Aug 158.02 Yr.

Data below for Kotak Tax Saver Fund as on 31 Jul 23

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Cash1.36%
Equity98.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹242 Cr2,525,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | MARUTI
5%₹210 Cr210,000
↑ 30,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
4%₹175 Cr1,800,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 21 | ITC
4%₹163 Cr3,700,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹162 Cr600,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK
4%₹157 Cr1,000,001
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
4%₹152 Cr2,700,000
↓ -200,000
Linde India Ltd (Basic Materials)
Equity, Since 31 Oct 16 | 523457
3%₹125 Cr200,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
3%₹120 Cr500,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 22 | HINDUNILVR
3%₹119 Cr475,000

4. Nippon India Tax Saver Fund (ELSS)

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However, there can be no assurance that the scheme’s investment objective shall be achieved.

Nippon India Tax Saver Fund (ELSS) is a Equity - ELSS fund was launched on 21 Sep 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.1% since its launch.  Ranked 16 in ELSS category.  Return for 2022 was 6.9% , 2021 was 37.6% and 2020 was -0.4% .

Below is the key information for Nippon India Tax Saver Fund (ELSS)

Nippon India Tax Saver Fund (ELSS)
Growth
Launch Date 21 Sep 05
NAV (22 Aug 23) ₹90.333 ↑ 0.39   (0.43 %)
Net Assets (Cr) ₹12,634 on 31 Jul 23
Category Equity - ELSS
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 1.8
Sharpe Ratio 0.98
Information Ratio 0.76
Alpha Ratio 1.56
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹9,383
30 Sep 20₹8,266
30 Sep 21₹14,270
30 Sep 22₹14,378
30 Sep 23₹17,301

Nippon India Tax Saver Fund (ELSS) SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Nippon India Tax Saver Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 1.4%
3 Month 11.5%
6 Month 16%
1 Year 16.1%
3 Year 25.2%
5 Year 9.1%
10 Year
15 Year
Since launch 13.1%
Historical performance (Yearly) on absolute basis
YearReturns
2022 6.9%
2021 37.6%
2020 -0.4%
2019 1.5%
2018 -20.7%
2017 46%
2016 4.2%
2015 -2.9%
2014 83%
2013 3.5%
Fund Manager information for Nippon India Tax Saver Fund (ELSS)
NameSinceTenure
Rupesh Patel1 Jul 212.17 Yr.
Ashutosh Bhargava1 Jul 203.17 Yr.
Kinjal Desai25 May 185.27 Yr.
Akshay Sharma1 Dec 220.75 Yr.

Data below for Nippon India Tax Saver Fund (ELSS) as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services35.44%
Consumer Cyclical12.4%
Industrials9.84%
Consumer Defensive9.12%
Basic Materials8.92%
Utility5.22%
Technology5.04%
Energy4.38%
Health Care3.94%
Communication Services3.33%
Real Estate1.51%
Asset Allocation
Asset ClassValue
Cash0.39%
Equity99.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK
9%₹1,109 Cr7,056,000
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK
8%₹997 Cr10,400,000
↓ -300,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY
5%₹632 Cr4,400,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | 532215
4%₹560 Cr5,750,000
↓ -650,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN
4%₹483 Cr8,600,000
↓ -400,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE
4%₹457 Cr1,900,000
NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 28 Feb 19 | 532555
3%₹357 Cr16,200,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
3%₹351 Cr1,300,000
Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | MOTHERSON
2%₹304 Cr31,700,000
↓ -1,000,000
Linde India Ltd (Basic Materials)
Equity, Since 31 Oct 13 | 523457
2%₹257 Cr410,000
↓ -71,532

5. Taurus Tax Shield

To provide long term capital appreciation over the life of the scheme through investment predominantly in equity shares, besides tax benefits.

Taurus Tax Shield is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.6% since its launch.  Ranked 26 in ELSS category.  Return for 2022 was 6.6% , 2021 was 20.1% and 2020 was 13.7% .

Below is the key information for Taurus Tax Shield

Taurus Tax Shield
Growth
Launch Date 31 Mar 96
NAV (22 Aug 23) ₹132.84 ↑ 0.24   (0.18 %)
Net Assets (Cr) ₹65 on 31 Jul 23
Category Equity - ELSS
AMC Taurus Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.45
Sharpe Ratio 1.85
Information Ratio -0.82
Alpha Ratio 7.99
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹10,106
30 Sep 20₹10,300
30 Sep 21₹14,883
30 Sep 22₹14,627
30 Sep 23₹17,901

Taurus Tax Shield SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Taurus Tax Shield

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.4%
3 Month 7.7%
6 Month 12.1%
1 Year 18.4%
3 Year 19%
5 Year 10.1%
10 Year
15 Year
Since launch 11.6%
Historical performance (Yearly) on absolute basis
YearReturns
2022 6.6%
2021 20.1%
2020 13.7%
2019 7.7%
2018 0%
2017 38%
2016 3.2%
2015 2.1%
2014 35.1%
2013 0.5%
Fund Manager information for Taurus Tax Shield
NameSinceTenure
Anuj Kapil7 Aug 230.07 Yr.

Data below for Taurus Tax Shield as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services29.98%
Technology21.84%
Industrials10.55%
Health Care9.02%
Basic Materials6.68%
Consumer Defensive5.38%
Consumer Cyclical3.8%
Energy2.82%
Utility1.85%
Asset Allocation
Asset ClassValue
Cash8.08%
Equity91.92%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HCL Technologies Ltd (Technology)
Equity, Since 31 May 22 | HCLTECH
9%₹6 Cr48,200
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK
8%₹5 Cr33,600
Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 30 Apr 22 | 500490
7%₹4 Cr6,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 Jul 22 | 532755
6%₹4 Cr31,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 23 | INFY
5%₹4 Cr25,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 16 | ITC
5%₹4 Cr80,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 09 | 532174
5%₹3 Cr36,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 22 | 532215
5%₹3 Cr35,000
Gujarat Pipavav Port Ltd (Industrials)
Equity, Since 31 May 22 | 533248
5%₹3 Cr240,000
ACC Ltd (Basic Materials)
Equity, Since 28 Feb 23 | 500410
4%₹3 Cr14,500

6. Tata India Tax Savings Fund

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..

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.4% since its launch.  Ranked 1 in ELSS category.  Return for 2022 was 5.9% , 2021 was 30.4% and 2020 was 11.9% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (22 Aug 23) ₹32.9538 ↑ 0.08   (0.25 %)
Net Assets (Cr) ₹3,557 on 31 Jul 23
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.75
Sharpe Ratio 0.99
Information Ratio -0.18
Alpha Ratio 1.82
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹11,208
30 Sep 20₹10,875
30 Sep 21₹16,998
30 Sep 22₹17,324
30 Sep 23₹20,455

Tata India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 1.2%
3 Month 11.4%
6 Month 14.9%
1 Year 16.4%
3 Year 22.7%
5 Year 12.8%
10 Year
15 Year
Since launch 14.4%
Historical performance (Yearly) on absolute basis
YearReturns
2022 5.9%
2021 30.4%
2020 11.9%
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Tejas Gutka9 Mar 212.48 Yr.

Data below for Tata India Tax Savings Fund as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services34.48%
Industrials18.17%
Consumer Cyclical10.44%
Technology7.91%
Basic Materials5.93%
Energy4.84%
Communication Services4.42%
Health Care3.99%
Utility2.86%
Consumer Defensive2.65%
Real Estate1.38%
Asset Allocation
Asset ClassValue
Cash2.43%
Equity97.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
10%₹339 Cr2,160,000
↓ -111,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
6%₹223 Cr2,325,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
5%₹167 Cr1,160,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
5%₹162 Cr675,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
4%₹140 Cr2,500,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹127 Cr1,300,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LT
3%₹105 Cr390,000
Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | RADICO
2%₹82 Cr650,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
2%₹81 Cr940,000
PVR INOX Ltd (Communication Services)
Equity, Since 28 Feb 23 | PVRINOX
2%₹79 Cr441,000

7. Franklin India Taxshield

The primary objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate

Franklin India Taxshield is a Equity - ELSS fund was launched on 10 Apr 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 20.9% since its launch.  Ranked 28 in ELSS category.  Return for 2022 was 5.4% , 2021 was 36.7% and 2020 was 9.8% .

Below is the key information for Franklin India Taxshield

Franklin India Taxshield
Growth
Launch Date 10 Apr 99
NAV (22 Aug 23) ₹1,025.21 ↑ 4.34   (0.43 %)
Net Assets (Cr) ₹5,250 on 31 Jul 23
Category Equity - ELSS
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 1.91
Sharpe Ratio 1.22
Information Ratio 0.61
Alpha Ratio 4.53
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹10,247
30 Sep 20₹9,139
30 Sep 21₹15,674
30 Sep 22₹15,907
30 Sep 23₹19,453

Franklin India Taxshield SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Franklin India Taxshield

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 2.2%
3 Month 11.6%
6 Month 17.3%
1 Year 18.9%
3 Year 25.6%
5 Year 12.1%
10 Year
15 Year
Since launch 20.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 5.4%
2021 36.7%
2020 9.8%
2019 5.1%
2018 -3%
2017 29.1%
2016 4.7%
2015 4%
2014 56.9%
2013 6.1%
Fund Manager information for Franklin India Taxshield
NameSinceTenure
Anand Radhakrishnan18 Oct 211.87 Yr.
R. Janakiraman2 May 167.34 Yr.

Data below for Franklin India Taxshield as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services28.6%
Industrials13.1%
Consumer Cyclical12%
Technology9.8%
Consumer Defensive9.37%
Basic Materials6.25%
Utility4.48%
Communication Services4.41%
Energy3.79%
Health Care1.09%
Asset Allocation
Asset ClassValue
Cash7.13%
Equity92.87%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
8%₹441 Cr4,600,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK
7%₹393 Cr2,500,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 19 | LT
6%₹297 Cr1,100,000
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
5%₹273 Cr1,900,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 532215
5%₹253 Cr2,600,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 07 | BHARTIARTL
4%₹231 Cr2,700,000
State Bank of India (Financial Services)
Equity, Since 31 Aug 15 | SBIN
3%₹168 Cr3,000,000
United Spirits Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Oct 18 | MCDOWELL-N
3%₹166 Cr1,650,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Oct 21 | HCLTECH
3%₹152 Cr1,300,000
Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM
3%₹143 Cr800,000

8. PGIM India Tax Savings Fund

"The primary objective of the Scheme is to generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time. However, there is no assurance that the investment objective shall be realize"

PGIM India Tax Savings Fund is a Equity - ELSS fund was launched on 11 Dec 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.9% since its launch.  Return for 2022 was 4.7% , 2021 was 37.5% and 2020 was 17.9% .

Below is the key information for PGIM India Tax Savings Fund

PGIM India Tax Savings Fund
Growth
Launch Date 11 Dec 15
NAV (22 Aug 23) ₹27.17 ↑ 0.10   (0.37 %)
Net Assets (Cr) ₹557 on 31 Jul 23
Category Equity - ELSS
AMC Pramerica Asset Managers Private Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 2.52
Sharpe Ratio 1.1
Information Ratio 0.14
Alpha Ratio 2.51
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹10,393
30 Sep 20₹10,087
30 Sep 21₹16,778
30 Sep 22₹17,098
30 Sep 23₹19,876

PGIM India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for PGIM India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month -0.8%
3 Month 7.1%
6 Month 12.6%
1 Year 15.2%
3 Year 23.7%
5 Year 13.3%
10 Year
15 Year
Since launch 13.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.7%
2021 37.5%
2020 17.9%
2019 8.2%
2018 -6.4%
2017 39.3%
2016 1.7%
2015
2014
2013
Fund Manager information for PGIM India Tax Savings Fund
NameSinceTenure
Bhupesh Kalyani1 Apr 230.42 Yr.
Vinay Paharia1 Apr 230.42 Yr.
Anandha Padmanabhan Anjeneyan1 Apr 230.42 Yr.
Ojasvi Khicha1 Apr 230.42 Yr.

Data below for PGIM India Tax Savings Fund as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services32.38%
Consumer Cyclical10.92%
Consumer Defensive8.68%
Technology8.34%
Industrials7.4%
Basic Materials7.16%
Health Care6.93%
Energy6.62%
Utility3.13%
Communication Services2.01%
Real Estate0.84%
Asset Allocation
Asset ClassValue
Cash4.74%
Equity95.09%
Debt0.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹45 Cr274,264
↑ 86,772
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | ICICIBANK
7%₹41 Cr411,594
↑ 57,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 17 | RELIANCE
7%₹37 Cr144,750
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
5%₹27 Cr198,329
↑ 37,200
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | 532215
4%₹21 Cr218,000
ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Aug 17 | ITC
3%₹19 Cr400,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 23 | KOTAKBANK
3%₹16 Cr84,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 17 | LT
3%₹14 Cr52,664
↓ -43,000
Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 30 Apr 23 | TORNTPHARM
2%₹12 Cr60,976
Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Apr 22 | EQUITASBNK
2%₹12 Cr1,262,500

9. DSP BlackRock Tax Saver Fund

The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.

DSP BlackRock Tax Saver Fund is a Equity - ELSS fund was launched on 18 Jan 07. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.5% since its launch.  Ranked 12 in ELSS category.  Return for 2022 was 4.5% , 2021 was 35.1% and 2020 was 15% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (22 Aug 23) ₹94.037 ↑ 0.36   (0.38 %)
Net Assets (Cr) ₹11,805 on 31 Jul 23
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.78
Sharpe Ratio 1.05
Information Ratio 0.27
Alpha Ratio 2.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹11,209
30 Sep 20₹10,892
30 Sep 21₹18,519
30 Sep 22₹18,230
30 Sep 23₹21,989

DSP BlackRock Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for DSP BlackRock Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 1.8%
3 Month 10.7%
6 Month 15.8%
1 Year 17%
3 Year 24.2%
5 Year 14.3%
10 Year
15 Year
Since launch 14.5%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.5%
2021 35.1%
2020 15%
2019 14.8%
2018 -7.6%
2017 36.3%
2016 11.3%
2015 4.4%
2014 52.2%
2013 6.7%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 158.13 Yr.
Charanjit Singh1 May 230.34 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services34.7%
Consumer Cyclical12.89%
Health Care9.54%
Basic Materials8.71%
Technology8.33%
Industrials7.36%
Consumer Defensive5.29%
Utility4.58%
Energy4.26%
Communication Services1.74%
Real Estate1.04%
Asset Allocation
Asset ClassValue
Cash1.56%
Equity98.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
7%₹835 Cr8,713,455
↓ -120,140
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
7%₹805 Cr5,119,919
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹452 Cr8,046,247
↓ -1,061,717
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹439 Cr4,504,394
↓ -124,379
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹432 Cr3,008,571
↓ -124,708
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | M&M
3%₹370 Cr2,346,215
↑ 101,987
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Nov 22 | HINDUNILVR
3%₹337 Cr1,346,783
↑ 69,301
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 21 | HCLTECH
2%₹278 Cr2,371,510
↑ 207,007
NTPC Ltd (Utilities)
Equity, Since 31 Jan 19 | 532555
2%₹264 Cr12,001,061
↑ 1,622,287
Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 22 | 532810
2%₹251 Cr9,632,140
↑ 4,109,538

10. Principal Tax Savings Fund

To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation.

Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.9% since its launch.  Ranked 8 in ELSS category.  Return for 2022 was 4.3% , 2021 was 32.1% and 2020 was 18.9% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (22 Aug 23) ₹379.456 ↑ 0.41   (0.11 %)
Net Assets (Cr) ₹1,090 on 31 Jul 23
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.36
Sharpe Ratio 0.97
Information Ratio 0.1
Alpha Ratio 1.47
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 18₹10,000
30 Sep 19₹9,881
30 Sep 20₹9,941
30 Sep 21₹16,184
30 Sep 22₹16,546
30 Sep 23₹19,291

Principal Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Principal Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.2%
3 Month 10%
6 Month 14.9%
1 Year 14.8%
3 Year 23%
5 Year 11.8%
10 Year
15 Year
Since launch 15.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.3%
2021 32.1%
2020 18.9%
2019 2.5%
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
2013 8.5%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 193.84 Yr.
Rohit Seksaria1 Jan 221.67 Yr.

Data below for Principal Tax Savings Fund as on 31 Jul 23

Equity Sector Allocation
SectorValue
Financial Services34.66%
Industrials11.55%
Consumer Cyclical11.04%
Technology9.77%
Consumer Defensive9.04%
Health Care7.04%
Energy6.08%
Basic Materials4.08%
Communication Services2.6%
Real Estate0.48%
Asset Allocation
Asset ClassValue
Cash3.65%
Equity96.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
9%₹95 Cr606,077
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
6%₹66 Cr274,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹63 Cr661,000
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
4%₹48 Cr333,000
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹46 Cr823,000
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | POLYCAB
3%₹34 Cr67,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
3%₹30 Cr311,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 15 | SUNPHARMA
2%₹26 Cr233,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | HINDUNILVR
2%₹24 Cr95,000
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 14 | TCS
2%₹21 Cr62,000

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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