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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 March 24, 2023 , 400 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 ₹782.313
↓ -3.73
₹9,72310.535.35.83.7-10.9
SBI Magnum Tax Gain Fund Growth ₹229.725
↓ -1.83
₹12,1586.93118.94-8.3
Kotak Tax Saver Fund Growth ₹72.814
↓ -0.65
₹3,1676.933.214.912.7-3.8
Nippon India Tax Saver Fund (ELSS) Growth ₹75.7586
↓ -0.62
₹11,2116.937.6-0.41.5-20.7
Taurus Tax Shield Growth ₹116.31
↓ -1.00
₹606.620.113.77.70
Tata India Tax Savings Fund Growth ₹27.6074
↓ -0.21
₹3,0785.930.411.913.6-8.4
Franklin India Taxshield Growth ₹856.462
↓ -6.03
₹4,5845.436.79.85.1-3
PGIM India Tax Savings Fund Growth ₹23.58
↓ -0.18
₹4514.737.517.98.2-6.4
DSP BlackRock Tax Saver Fund Growth ₹78.73
↓ -0.65
₹10,1294.535.11514.8-7.6
Principal Tax Savings Fund Growth ₹318.454
↓ -2.30
₹9314.332.118.92.5-9.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Mar 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 (24 Mar 23) ₹782.313 ↓ -3.73   (-0.47 %)
Net Assets (Cr) ₹9,723 on 28 Feb 23
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.86
Sharpe Ratio 0.57
Information Ratio 0.38
Alpha Ratio 9.14
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,201
29 Feb 20₹8,869
28 Feb 21₹11,051
28 Feb 22₹13,308
28 Feb 23₹15,043

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 ₹385,859.
Net Profit of ₹85,859
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 24 Mar 23

DurationReturns
1 Month -1.9%
3 Month -2.6%
6 Month 0.3%
1 Year 8.5%
3 Year 34.5%
5 Year 9.6%
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 221.05 Yr.
Priya Ranjan1 May 220.76 Yr.

Data below for HDFC Tax Saver Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services35.88%
Technology12.1%
Industrials11.48%
Health Care8.52%
Consumer Cyclical8.16%
Utility7.02%
Communication Services6.01%
Energy4.64%
Real Estate1.52%
Asset Allocation
Asset ClassValue
Cash4.67%
Equity95.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | HDFCBANK
9%₹914 Cr5,700,000
↓ -300,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹890 Cr10,700,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL
6%₹578 Cr7,500,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 06 | SBIN
6%₹554 Cr10,000,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 08 | INFY
6%₹552 Cr3,600,000
↑ 300,000
Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jan 22 | HAL
5%₹511 Cr2,000,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | M&M
5%₹510 Cr3,700,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH
5%₹494 Cr4,400,000
NTPC Ltd (Utilities)
Equity, Since 30 Nov 16 | 532555
4%₹428 Cr25,000,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jan 22 | DRREDDY
4%₹357 Cr825,000

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 10.8% 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 (24 Mar 23) ₹229.725 ↓ -1.83   (-0.79 %)
Net Assets (Cr) ₹12,158 on 28 Feb 23
Category Equity - ELSS
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 1.85
Sharpe Ratio 0.41
Information Ratio 0.33
Alpha Ratio 6.95
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,375
29 Feb 20₹9,505
28 Feb 21₹12,590
28 Feb 22₹14,598
28 Feb 23₹16,167

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 ₹405,518.
Net Profit of ₹105,518
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 24 Mar 23

DurationReturns
1 Month -1.6%
3 Month -0.9%
6 Month 1.2%
1 Year 6.6%
3 Year 34%
5 Year 11.1%
10 Year
15 Year
Since launch 10.8%
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 166.4 Yr.

Data below for SBI Magnum Tax Gain Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services28.07%
Industrials13.26%
Consumer Cyclical8.23%
Energy8.23%
Technology7.01%
Basic Materials6.75%
Health Care6.21%
Utility5.35%
Consumer Defensive3.34%
Communication Services3.28%
Real Estate2.34%
Asset Allocation
Asset ClassValue
Cash7.93%
Equity92.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK
5%₹617 Cr7,416,237
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 07 | LT
4%₹525 Cr2,468,968
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M
4%₹471 Cr3,415,083
Cummins India Ltd (Industrials)
Equity, Since 28 Feb 19 | 500480
4%₹443 Cr3,088,066
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE
4%₹433 Cr1,837,574
State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN
4%₹425 Cr7,685,639
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK
4%₹424 Cr2,641,521
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 11 | 532215
3%₹392 Cr4,492,332
Infosys Ltd (Technology)
Equity, Since 31 Mar 18 | INFY
3%₹388 Cr2,531,001
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTL
3%₹362 Cr4,699,071
↑ 1,100,400

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 12.1% 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 (24 Mar 23) ₹72.814 ↓ -0.65   (-0.88 %)
Net Assets (Cr) ₹3,167 on 28 Feb 23
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 0.16
Information Ratio -0.08
Alpha Ratio 3.8
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,988
29 Feb 20₹11,135
28 Feb 21₹14,116
28 Feb 22₹16,778
28 Feb 23₹17,932

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 ₹426,080.
Net Profit of ₹126,080
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 24 Mar 23

DurationReturns
1 Month -1.6%
3 Month -2.3%
6 Month -1.4%
1 Year 2.2%
3 Year 31.9%
5 Year 13.2%
10 Year
15 Year
Since launch 12.1%
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 157.44 Yr.

Data below for Kotak Tax Saver Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services27%
Industrials17.08%
Basic Materials15.35%
Consumer Cyclical10.94%
Consumer Defensive9.69%
Technology6.27%
Health Care4.16%
Energy3.74%
Utility2.12%
Communication Services1.79%
Asset Allocation
Asset ClassValue
Cash1.84%
Equity98.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹216 Cr2,600,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
5%₹166 Cr3,000,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
5%₹157 Cr1,800,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹127 Cr600,000
↑ 25,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹123 Cr800,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
4%₹118 Cr500,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | MARUTI
4%₹111 Cr125,000
↑ 10,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 21 | ITC
3%₹109 Cr3,100,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 28 Feb 18 | 532286
3%₹79 Cr1,350,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
2%₹79 Cr360,000

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 12.3% 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 (24 Mar 23) ₹75.7586 ↓ -0.62   (-0.82 %)
Net Assets (Cr) ₹11,211 on 28 Feb 23
Category Equity - ELSS
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 1.8
Sharpe Ratio 0.01
Information Ratio -0.3
Alpha Ratio 1.62
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,031
29 Feb 20₹7,774
28 Feb 21₹9,703
28 Feb 22₹11,652
28 Feb 23₹12,165

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 ₹349,120.
Net Profit of ₹49,120
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 24 Mar 23

DurationReturns
1 Month -2.4%
3 Month -4.5%
6 Month -3.5%
1 Year 0.1%
3 Year 30.9%
5 Year 5.7%
10 Year
15 Year
Since launch 12.3%
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 211.59 Yr.
Ashutosh Bhargava1 Jul 202.59 Yr.
Kinjal Desai25 May 184.69 Yr.
Akshay Sharma1 Dec 220.17 Yr.

Data below for Nippon India Tax Saver Fund (ELSS) as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services39.28%
Consumer Cyclical11.64%
Industrials9.89%
Basic Materials9.7%
Technology6.64%
Consumer Defensive5.37%
Utility4.41%
Health Care4.09%
Energy4.08%
Communication Services2.62%
Real Estate1.24%
Asset Allocation
Asset ClassValue
Cash1.05%
Equity98.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK
8%₹946 Cr5,900,000
↓ -200,000
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK
8%₹898 Cr10,800,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY
7%₹767 Cr4,999,296
↑ 199,296
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | 532215
5%₹567 Cr6,500,000
↓ -100,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN
5%₹537 Cr9,700,000
↓ -200,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 20 | HDFC
4%₹492 Cr1,877,160
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE
4%₹447 Cr1,900,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
4%₹425 Cr2,000,000
NTPC Ltd (Utilities)
Equity, Since 28 Feb 19 | 532555
3%₹308 Cr17,990,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | TATAMOTORS
2%₹258 Cr5,700,000
↓ -100,000

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 11.2% 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 (24 Mar 23) ₹116.31 ↓ -1.00   (-0.85 %)
Net Assets (Cr) ₹60 on 28 Feb 23
Category Equity - ELSS
AMC Taurus Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.45
Sharpe Ratio 0.41
Information Ratio -0.56
Alpha Ratio 5.88
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,761
29 Feb 20₹10,318
28 Feb 21₹12,509
28 Feb 22₹14,090
28 Feb 23₹15,515

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 ₹385,859.
Net Profit of ₹85,859
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 24 Mar 23

DurationReturns
1 Month -2.1%
3 Month 0.7%
6 Month 2.4%
1 Year 5.5%
3 Year 28%
5 Year 9.8%
10 Year
15 Year
Since launch 11.2%
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
Ramneek Kundra2 May 220.75 Yr.

Data below for Taurus Tax Shield as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services30.37%
Technology17.63%
Industrials16.69%
Consumer Defensive8.85%
Health Care8.03%
Consumer Cyclical2.72%
Energy2.46%
Basic Materials2.11%
Asset Allocation
Asset ClassValue
Cash10.71%
Equity89.29%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HCL Technologies Ltd (Technology)
Equity, Since 31 May 22 | HCLTECH
9%₹5 Cr47,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 09 | HDFC
8%₹5 Cr19,000
↓ -1,500
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 16 | ITC
8%₹5 Cr140,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 Jul 22 | 532755
7%₹4 Cr43,000
↑ 7,000
Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 30 Apr 22 | 500490
7%₹4 Cr6,600
Narayana Hrudayalaya Ltd (Healthcare)
Equity, Since 31 Jul 22 | 539551
5%₹3 Cr40,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 09 | 532174
5%₹3 Cr34,000
↓ -3,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 22 | 532215
5%₹3 Cr32,000
Gujarat Pipavav Port Ltd (Industrials)
Equity, Since 31 May 22 | 533248
4%₹3 Cr279,553
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
4%₹2 Cr10,000
↓ -5,000

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 12.8% 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 (24 Mar 23) ₹27.6074 ↓ -0.21   (-0.76 %)
Net Assets (Cr) ₹3,078 on 28 Feb 23
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 0
Sharpe Ratio 0.08
Information Ratio -0.49
Alpha Ratio 2.71
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,537
29 Feb 20₹10,412
28 Feb 21₹13,291
28 Feb 22₹15,346
28 Feb 23₹16,201

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 ₹395,578.
Net Profit of ₹95,578
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 24 Mar 23

DurationReturns
1 Month -3.7%
3 Month -4.6%
6 Month -3.3%
1 Year -0.4%
3 Year 29.6%
5 Year 10.7%
10 Year
15 Year
Since launch 12.8%
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 211.9 Yr.

Data below for Tata India Tax Savings Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services35.7%
Industrials17.88%
Technology9.03%
Consumer Cyclical8.54%
Health Care5.67%
Basic Materials5.39%
Communication Services5.32%
Energy5.11%
Utility2.44%
Consumer Defensive2.35%
Real Estate1.22%
Asset Allocation
Asset ClassValue
Cash1.35%
Equity98.65%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹209 Cr1,305,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
6%₹193 Cr2,325,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
6%₹178 Cr1,160,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
5%₹159 Cr675,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
5%₹151 Cr575,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
4%₹138 Cr2,500,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹128 Cr1,465,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
3%₹88 Cr1,140,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LT
3%₹83 Cr390,000
INOX Leisure Ltd (Communication Services)
Equity, Since 30 Nov 21 | INOXLEISUR
2%₹74 Cr1,470,000
↑ 150,000

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 20.4% 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 (24 Mar 23) ₹856.462 ↓ -6.03   (-0.70 %)
Net Assets (Cr) ₹4,584 on 28 Feb 23
Category Equity - ELSS
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 1.9
Sharpe Ratio 0.01
Information Ratio -0.04
Alpha Ratio 1.6
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,778
29 Feb 20₹9,832
28 Feb 21₹12,788
28 Feb 22₹15,191
28 Feb 23₹15,884

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 ₹395,578.
Net Profit of ₹95,578
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 24 Mar 23

DurationReturns
1 Month -1.7%
3 Month -4.2%
6 Month -1.6%
1 Year 2.5%
3 Year 33.5%
5 Year 10.5%
10 Year
15 Year
Since launch 20.4%
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 211.29 Yr.
R. Janakiraman2 May 166.76 Yr.

Data below for Franklin India Taxshield as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services32.17%
Technology11.56%
Industrials11.08%
Consumer Cyclical8.88%
Consumer Defensive8.38%
Basic Materials7.12%
Utility5.47%
Communication Services5.26%
Energy3.7%
Health Care2.79%
Asset Allocation
Asset ClassValue
Cash3.61%
Equity96.39%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK
9%₹417 Cr2,600,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
8%₹391 Cr4,700,000
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
7%₹307 Cr2,000,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 532215
6%₹279 Cr3,200,000
↓ -450,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 19 | LT
5%₹249 Cr1,170,000
↓ -80,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 07 | BHARTIARTL
5%₹246 Cr3,200,000
↑ 100,000
State Bank of India (Financial Services)
Equity, Since 31 Aug 15 | SBIN
4%₹166 Cr3,000,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Oct 21 | HCLTECH
3%₹146 Cr1,300,000
Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM
3%₹127 Cr800,000
United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | MCDOWELL-N
3%₹127 Cr1,650,000
↑ 50,000

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 12.5% 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 (24 Mar 23) ₹23.58 ↓ -0.18   (-0.76 %)
Net Assets (Cr) ₹451 on 28 Feb 23
Category Equity - ELSS
AMC Pramerica Asset Managers Private Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 0
Sharpe Ratio 0.03
Information Ratio 0.68
Alpha Ratio 1.76
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,555
29 Feb 20₹9,842
28 Feb 21₹13,221
28 Feb 22₹16,370
28 Feb 23₹17,188

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 ₹415,684.
Net Profit of ₹115,684
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 24 Mar 23

DurationReturns
1 Month -2.2%
3 Month -2.9%
6 Month -0.2%
1 Year -0.1%
3 Year 34.6%
5 Year 12.1%
10 Year
15 Year
Since launch 12.5%
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
Srinivas Ravuri14 Sep 193.39 Yr.
Puneet Pal1 Dec 211.17 Yr.
Utkarsh Katkoria1 Jun 211.67 Yr.

Data below for PGIM India Tax Savings Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services34.48%
Technology9.77%
Health Care8.56%
Industrials8.13%
Consumer Cyclical6.78%
Basic Materials6.09%
Energy5.69%
Utility5.01%
Consumer Defensive4.81%
Communication Services4.14%
Asset Allocation
Asset ClassValue
Cash6.54%
Equity93.46%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹36 Cr222,200
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | ICICIBANK
6%₹25 Cr298,500
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
6%₹25 Cr161,129
HDFC Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 22 | HDFCLIFE
5%₹22 Cr377,700
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 17 | RELIANCE
5%₹21 Cr89,750
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 17 | LT
5%₹20 Cr95,664
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | 532215
4%₹19 Cr218,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 19 | BHARTIARTL
4%₹19 Cr240,805
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹16 Cr294,174
GAIL (India) Ltd (Utilities)
Equity, Since 31 Jan 22 | 532155
3%₹15 Cr1,546,558

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 13.6% 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 (24 Mar 23) ₹78.73 ↓ -0.65   (-0.82 %)
Net Assets (Cr) ₹10,129 on 28 Feb 23
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.8
Sharpe Ratio -0.03
Information Ratio 0.09
Alpha Ratio 1.01
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,562
29 Feb 20₹10,660
28 Feb 21₹14,010
28 Feb 22₹16,793
28 Feb 23₹17,487

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 ₹415,684.
Net Profit of ₹115,684
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 24 Mar 23

DurationReturns
1 Month -3.1%
3 Month -3.7%
6 Month -2.8%
1 Year -0.3%
3 Year 32.4%
5 Year 12.5%
10 Year
15 Year
Since launch 13.6%
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 157.55 Yr.
Kaushal Maroo1 Dec 220.17 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services36.44%
Consumer Cyclical13.47%
Technology11.36%
Health Care7.62%
Industrials7.62%
Basic Materials7.48%
Consumer Defensive4.35%
Utility3.88%
Energy3.82%
Communication Services2.07%
Asset Allocation
Asset ClassValue
Cash1.9%
Equity98.1%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
10%₹996 Cr6,211,551
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
7%₹691 Cr8,309,003
↓ -594,887
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
7%₹680 Cr4,434,689
↑ 68,197
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹484 Cr8,745,584
↑ 175,842
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹451 Cr5,175,964
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 21 | HCLTECH
3%₹326 Cr2,906,835
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Jun 20 | SBILIFE
2%₹247 Cr2,023,757
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 20 | SUNPHARMA
2%₹245 Cr2,372,356
↓ -148,617
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | M&M
2%₹230 Cr1,671,199
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | DRREDDY
2%₹226 Cr523,308

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 15.4% 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 (24 Mar 23) ₹318.454 ↓ -2.30   (-0.72 %)
Net Assets (Cr) ₹931 on 28 Feb 23
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.44
Sharpe Ratio -0.1
Information Ratio 0.22
Alpha Ratio -0.04
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,014
29 Feb 20₹9,197
28 Feb 21₹12,232
28 Feb 22₹14,764
28 Feb 23₹15,223

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 ₹385,859.
Net Profit of ₹85,859
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 24 Mar 23

DurationReturns
1 Month -3.1%
3 Month -4.1%
6 Month -5.3%
1 Year -0.3%
3 Year 31.7%
5 Year 9.6%
10 Year
15 Year
Since launch 15.4%
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 193.26 Yr.
Rohit Seksaria1 Jan 221.08 Yr.

Data below for Principal Tax Savings Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services35.2%
Consumer Cyclical14.43%
Industrials12.89%
Technology10.24%
Energy6.29%
Consumer Defensive5.61%
Health Care4.14%
Basic Materials3.45%
Communication Services1.16%
Real Estate1%
Asset Allocation
Asset ClassValue
Cash5.33%
Equity94.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹67 Cr803,000
↓ -58,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
6%₹60 Cr254,000
↑ 79,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
6%₹54 Cr335,117
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
5%₹44 Cr288,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
4%₹41 Cr157,000
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹38 Cr683,000
↓ -87,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
3%₹31 Cr356,000
↓ -54,005
Ashok Leyland Ltd (Industrials)
Equity, Since 31 Aug 20 | 500477
3%₹29 Cr1,960,000
↓ -445,310
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | POLYCAB
3%₹29 Cr99,000
↓ -7,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹26 Cr78,000

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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