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Table of Contents
- Top 10 ELSS Funds 2023 Based on Performance
- Top Performing Best ELSS Funds
Top 10 Equity - ELSS Funds
Best ELSS Mutual Funds for Investment of 2023
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 2023 best funds are listed below as per their performance.
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Top 10 ELSS Funds 2023 Based on Performance
Fund NAV Net Assets (Cr) 2023 (%) 2022 (%) 2021 (%) 2020 (%) 2019 (%) SBI Magnum Tax Gain Fund Growth ₹378.878
↓ -0.41 ₹21,203 40 6.9 31 18.9 4 Motilal Oswal Long Term Equity Fund Growth ₹42.046
↑ 0.06 ₹3,120 37 1.8 32.1 8.8 13.2 BOI AXA Tax Advantage Fund Growth ₹153.38
↑ 0.05 ₹1,150 34.8 -1.3 41.5 31.2 14.6 HDFC Tax Saver Fund Growth ₹1,164.25
↓ -3.07 ₹13,820 33.2 10.5 35.3 5.8 3.7 BNP Paribas Long Term Equity Fund (ELSS) Growth ₹81.3874
↓ -0.14 ₹836 31.3 -2.1 23.6 17.8 14.3 Franklin India Taxshield Growth ₹1,271.09
↓ -6.31 ₹6,144 31.2 5.4 36.7 9.8 5.1 JM Tax Gain Fund Growth ₹41.179
↑ 0.19 ₹121 30.9 0.5 32.2 18.3 14.9 Invesco India Tax Plan Growth ₹108.36
↓ -0.24 ₹2,545 30.9 -7.7 32.6 19.2 9.4 DSP BlackRock Tax Saver Fund Growth ₹114.976
↓ -0.16 ₹14,147 30 4.5 35.1 15 14.8 Taurus Tax Shield Growth ₹161.54
↓ -0.21 ₹75 28.7 6.6 20.1 13.7 7.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Apr 24
Top Performing Best ELSS Funds
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 Below is the key information for SBI Magnum Tax Gain Fund Returns up to 1 year are on (Erstwhile Motilal Oswal MOSt Focused Long Term Fund) The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Motilal Oswal Long Term Equity Fund is a Equity - ELSS fund was launched on 21 Jan 15. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Long Term Equity Fund Returns up to 1 year are on The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.) BOI AXA Tax Advantage Fund is a Equity - ELSS fund was launched on 25 Feb 09. It is a fund with Moderately High risk and has given a Below is the key information for BOI AXA Tax Advantage Fund Returns up to 1 year are on 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 Below is the key information for HDFC Tax Saver Fund Returns up to 1 year are on The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent fromtime to time. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. BNP Paribas Long Term Equity Fund (ELSS) is a Equity - ELSS fund was launched on 5 Jan 06. It is a fund with Moderately High risk and has given a Below is the key information for BNP Paribas Long Term Equity Fund (ELSS) Returns up to 1 year are on 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 Below is the key information for Franklin India Taxshield Returns up to 1 year are on The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns. JM Tax Gain Fund is a Equity - ELSS fund was launched on 31 Mar 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Tax Gain Fund Returns up to 1 year are on The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities. Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Tax Plan Returns up to 1 year are on 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 Below is the key information for DSP BlackRock Tax Saver Fund Returns up to 1 year are on 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 Below is the key information for Taurus Tax Shield Returns up to 1 year are on 1. SBI Magnum Tax Gain Fund
CAGR/Annualized return of 13.4% since its launch. Ranked 31 in ELSS category. Return for 2023 was 40% , 2022 was 6.9% and 2021 was 31% . SBI Magnum Tax Gain Fund
Growth Launch Date 7 May 07 NAV (16 Apr 24) ₹378.878 ↓ -0.41 (-0.11 %) Net Assets (Cr) ₹21,203 on 29 Feb 24 Category Equity - ELSS AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.79 Sharpe Ratio 3.39 Information Ratio 1.54 Alpha Ratio 12.5 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,242 31 Mar 21 ₹12,557 31 Mar 22 ₹15,074 31 Mar 23 ₹16,109 31 Mar 24 ₹25,638 Returns for SBI Magnum Tax Gain Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 4.7% 3 Month 10.2% 6 Month 28.6% 1 Year 58.8% 3 Year 27.6% 5 Year 20.9% 10 Year 15 Year Since launch 13.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 40% 2022 6.9% 2021 31% 2020 18.9% 2019 4% 2018 -8.3% 2017 33% 2016 2.1% 2015 3.2% 2014 49.1% Fund Manager information for SBI Magnum Tax Gain Fund
Name Since Tenure Dinesh Balachandran 10 Sep 16 7.56 Yr. Data below for SBI Magnum Tax Gain Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 22.17% Industrials 15.58% Consumer Cyclical 10.47% Health Care 8.62% Energy 8.44% Technology 7.4% Basic Materials 6.97% Utility 5.95% Communication Services 2.95% Consumer Defensive 2.88% Real Estate 0.81% Asset Allocation
Asset Class Value Cash 7.78% Equity 92.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity GE T&D India Ltd (Industrials)
Equity, Since 30 Sep 16 | 5222754% ₹906 Cr 9,944,328
↓ -1,250,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK4% ₹780 Cr 7,416,237 Cummins India Ltd (Industrials)
Equity, Since 28 Feb 19 | 5004804% ₹757 Cr 2,763,190 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | 5327793% ₹674 Cr 6,252,617 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M3% ₹660 Cr 3,415,083 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN3% ₹654 Cr 8,735,639 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTL3% ₹625 Cr 5,563,576 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK3% ₹595 Cr 4,243,253 GAIL (India) Ltd (Utilities)
Equity, Since 30 Nov 21 | 5321553% ₹587 Cr 32,193,555 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE3% ₹566 Cr 1,937,574 2. Motilal Oswal Long Term Equity Fund
CAGR/Annualized return of 16.8% since its launch. Return for 2023 was 37% , 2022 was 1.8% and 2021 was 32.1% . Motilal Oswal Long Term Equity Fund
Growth Launch Date 21 Jan 15 NAV (16 Apr 24) ₹42.046 ↑ 0.06 (0.15 %) Net Assets (Cr) ₹3,120 on 29 Feb 24 Category Equity - ELSS AMC Motilal Oswal Asset Management Co. Ltd Rating Risk Moderately High Expense Ratio 1.68 Sharpe Ratio 3.19 Information Ratio 0.53 Alpha Ratio 11.05 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,890 31 Mar 21 ₹12,936 31 Mar 22 ₹14,746 31 Mar 23 ₹15,621 31 Mar 24 ₹24,072 Returns for Motilal Oswal Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 8.5% 3 Month 8.9% 6 Month 26.6% 1 Year 55.3% 3 Year 24.4% 5 Year 19.5% 10 Year 15 Year Since launch 16.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 37% 2022 1.8% 2021 32.1% 2020 8.8% 2019 13.2% 2018 -8.7% 2017 44% 2016 12.5% 2015 2014 Fund Manager information for Motilal Oswal Long Term Equity Fund
Name Since Tenure Ajay Khandelwal 11 Dec 23 0.31 Yr. Niket Shah 17 Oct 23 0.46 Yr. Rakesh Shetty 22 Nov 22 1.36 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 25.57% Industrials 25.48% Consumer Cyclical 17% Health Care 12.1% Real Estate 7.01% Basic Materials 4.97% Technology 3.76% Utility 2.69% Asset Allocation
Asset Class Value Cash 1.43% Equity 98.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5433207% ₹215 Cr 13,000,000 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Oct 23 | 5439407% ₹211 Cr 6,800,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | 5002516% ₹184 Cr 474,799 Global Health Ltd (Healthcare)
Equity, Since 30 Nov 22 | MEDANTA5% ₹168 Cr 1,235,145
↓ -285,352 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Mar 23 | INDUSINDBK5% ₹147 Cr 1,000,000 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Oct 23 | PRESTIGE4% ₹134 Cr 1,150,000 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | KALYANKJIL4% ₹131 Cr 3,296,932
↑ 1,113,000 InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 Jul 23 | INDIGO4% ₹128 Cr 406,055
↓ -50,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK4% ₹123 Cr 1,170,000 Infosys Ltd (Technology)
Equity, Since 31 Aug 20 | INFY4% ₹117 Cr 700,000 3. BOI AXA Tax Advantage Fund
CAGR/Annualized return of 19.8% since its launch. Ranked 13 in ELSS category. Return for 2023 was 34.8% , 2022 was -1.3% and 2021 was 41.5% . BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (16 Apr 24) ₹153.38 ↑ 0.05 (0.03 %) Net Assets (Cr) ₹1,150 on 29 Feb 24 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.49 Sharpe Ratio 2.81 Information Ratio 0.74 Alpha Ratio 5.67 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,986 31 Mar 21 ₹15,681 31 Mar 22 ₹19,443 31 Mar 23 ₹19,377 31 Mar 24 ₹29,944 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 5.9% 3 Month 9.3% 6 Month 28.4% 1 Year 53.6% 3 Year 24.6% 5 Year 24.7% 10 Year 15 Year Since launch 19.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 34.8% 2022 -1.3% 2021 41.5% 2020 31.2% 2019 14.6% 2018 -16.3% 2017 57.7% 2016 -1.2% 2015 2.1% 2014 44% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Alok Singh 27 Apr 22 1.93 Yr. Data below for BOI AXA Tax Advantage Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 25.25% Industrials 10.47% Consumer Cyclical 9.03% Health Care 8.58% Basic Materials 8.09% Energy 7.7% Technology 5.05% Utility 3.86% Consumer Defensive 2.52% Real Estate 1.36% Asset Allocation
Asset Class Value Cash 15.6% Equity 81.91% Debt 2.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN4% ₹46 Cr 620,000
↓ -160,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK3% ₹39 Cr 280,000 Canara Bank (Financial Services)
Equity, Since 31 Aug 22 | 5324833% ₹39 Cr 695,000
↓ -200,000 Oil India Ltd (Energy)
Equity, Since 31 Mar 23 | OIL3% ₹38 Cr 702,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE3% ₹38 Cr 130,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Jun 22 | SUNPHARMA3% ₹34 Cr 217,000 Bank of Baroda (Financial Services)
Equity, Since 31 Oct 22 | 5321343% ₹33 Cr 1,236,338
↓ -413,662 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325553% ₹31 Cr 920,000
↓ -118,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 22 | LT3% ₹29 Cr 82,800 Kotak Mahindra Bank Ltd.
Debentures | -2% ₹28 Cr 3,000,000 4. HDFC Tax Saver Fund
CAGR/Annualized return of since its launch. Ranked 27 in ELSS category. Return for 2023 was 33.2% , 2022 was 10.5% and 2021 was 35.3% . HDFC Tax Saver Fund
Growth Launch Date 31 Mar 96 NAV (16 Apr 24) ₹1,164.25 ↓ -3.07 (-0.26 %) Net Assets (Cr) ₹13,820 on 29 Feb 24 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio 3.11 Information Ratio 1.74 Alpha Ratio 6.22 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,728 31 Mar 21 ₹11,050 31 Mar 22 ₹13,928 31 Mar 23 ₹15,083 31 Mar 24 ₹21,965 Returns for HDFC Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 1.7% 3 Month 4.5% 6 Month 21.5% 1 Year 43.1% 3 Year 26.3% 5 Year 17% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2023 33.2% 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% Fund Manager information for HDFC Tax Saver Fund
Name Since Tenure Roshi Jain 13 Jan 22 2.22 Yr. Dhruv Muchhal 22 Jun 23 0.78 Yr. Data below for HDFC Tax Saver Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 39.6% Health Care 12.5% Technology 10.05% Industrials 9.34% Consumer Cyclical 7.54% Communication Services 4.98% Utility 4.64% Real Estate 2.28% Energy 1.55% Basic Materials 0.71% Asset Allocation
Asset Class Value Cash 6.81% Equity 93.19% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK10% ₹1,315 Cr 12,500,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | HDFCBANK9% ₹1,284 Cr 9,150,000
↑ 600,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322156% ₹839 Cr 7,800,000
↑ 2,100,000 Cipla Ltd (Healthcare)
Equity, Since 31 Oct 09 | 5000876% ₹770 Cr 5,200,000 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH6% ₹765 Cr 4,600,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 06 | SBIN5% ₹748 Cr 10,000,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jan 22 | HAL5% ₹740 Cr 2,400,000 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Jan 22 | SBILIFE5% ₹668 Cr 4,300,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL4% ₹595 Cr 5,300,000 Apollo Hospitals Enterprise Ltd (Healthcare)
Equity, Since 30 Sep 22 | APOLLOHOSP4% ₹488 Cr 800,000
↑ 50,000 5. BNP Paribas Long Term Equity Fund (ELSS)
CAGR/Annualized return of 12.2% since its launch. Ranked 22 in ELSS category. Return for 2023 was 31.3% , 2022 was -2.1% and 2021 was 23.6% . BNP Paribas Long Term Equity Fund (ELSS)
Growth Launch Date 5 Jan 06 NAV (16 Apr 24) ₹81.3874 ↓ -0.14 (-0.17 %) Net Assets (Cr) ₹836 on 29 Feb 24 Category Equity - ELSS AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio 2.32 Information Ratio 0 Alpha Ratio 0 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,583 31 Mar 21 ₹13,596 31 Mar 22 ₹15,599 31 Mar 23 ₹14,992 31 Mar 24 ₹21,302 Returns for BNP Paribas Long Term Equity Fund (ELSS)
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 4.8% 3 Month 4.5% 6 Month 21.3% 1 Year 41.2% 3 Year 17.3% 5 Year 16.3% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.3% 2022 -2.1% 2021 23.6% 2020 17.8% 2019 14.3% 2018 -9.3% 2017 42.3% 2016 -6.6% 2015 7.7% 2014 53% Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
Name Since Tenure Sanjay Chawla 14 Mar 22 2.05 Yr. Pratish Krishnan 14 Mar 22 2.05 Yr. Miten Vora 1 Dec 22 1.33 Yr. Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 28.46% Technology 13.71% Consumer Cyclical 12.41% Industrials 11.15% Health Care 7.35% Energy 6.39% Basic Materials 4.63% Utility 4.62% Communication Services 2.96% Real Estate 2.88% Consumer Defensive 1.18% Asset Allocation
Asset Class Value Cash 4.26% Equity 95.74% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK6% ₹48 Cr 342,160
↑ 15,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 18 | RELIANCE5% ₹44 Cr 152,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK5% ₹39 Cr 371,000
↓ -41,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 20 | LT3% ₹27 Cr 77,620
↓ -8,500 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 23 | TCS3% ₹25 Cr 60,120 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | 5433203% ₹22 Cr 1,345,013
↓ -104,987 Trent Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | 5002512% ₹21 Cr 53,614
↓ -10,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 24 | INFY2% ₹20 Cr 120,000
↑ 120,000 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 31 Jan 24 | 5001032% ₹18 Cr 775,000
↑ 150,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322152% ₹17 Cr 160,000
↑ 21,000 6. Franklin India Taxshield
CAGR/Annualized return of 21.4% since its launch. Ranked 28 in ELSS category. Return for 2023 was 31.2% , 2022 was 5.4% and 2021 was 36.7% . Franklin India Taxshield
Growth Launch Date 10 Apr 99 NAV (16 Apr 24) ₹1,271.09 ↓ -6.31 (-0.49 %) Net Assets (Cr) ₹6,144 on 29 Feb 24 Category Equity - ELSS AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 3.23 Information Ratio 0.6 Alpha Ratio 6.93 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,837 31 Mar 21 ₹12,166 31 Mar 22 ₹14,777 31 Mar 23 ₹15,159 31 Mar 24 ₹21,978 Returns for Franklin India Taxshield
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 2.5% 3 Month 3.9% 6 Month 18.6% 1 Year 43% 3 Year 22.8% 5 Year 17.1% 10 Year 15 Year Since launch 21.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.2% 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% Fund Manager information for Franklin India Taxshield
Name Since Tenure R. Janakiraman 2 May 16 7.92 Yr. Rajasa Kakulavarapu 1 Dec 23 0.33 Yr. Data below for Franklin India Taxshield as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 26.53% Industrials 14.7% Consumer Cyclical 12.34% Technology 11.25% Consumer Defensive 7.61% Basic Materials 6.07% Utility 5.73% Communication Services 4.94% Energy 4.83% Health Care 3.02% Asset Allocation
Asset Class Value Cash 2.99% Equity 97.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK8% ₹484 Cr 4,600,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK6% ₹379 Cr 2,700,000
↑ 100,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY6% ₹349 Cr 2,084,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 19 | LT5% ₹335 Cr 964,705
↓ -35,295 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 07 | BHARTIARTL5% ₹303 Cr 2,700,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 5322154% ₹261 Cr 2,424,362
↓ -175,638 HCL Technologies Ltd (Technology)
Equity, Since 31 Oct 21 | HCLTECH4% ₹248 Cr 1,491,000 State Bank of India (Financial Services)
Equity, Since 31 Aug 15 | SBIN4% ₹243 Cr 3,251,300
↑ 251,300 NTPC Ltd (Utilities)
Equity, Since 31 Oct 16 | 5325553% ₹197 Cr 5,867,776
↑ 85,776 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | MCDOWELL-N3% ₹192 Cr 1,650,000 7. JM Tax Gain Fund
CAGR/Annualized return of 9.2% since its launch. Ranked 18 in ELSS category. Return for 2023 was 30.9% , 2022 was 0.5% and 2021 was 32.2% . JM Tax Gain Fund
Growth Launch Date 31 Mar 08 NAV (16 Apr 24) ₹41.179 ↑ 0.19 (0.47 %) Net Assets (Cr) ₹121 on 29 Feb 24 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.43 Sharpe Ratio 2.79 Information Ratio 0.2 Alpha Ratio 7.02 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,854 31 Mar 21 ₹13,663 31 Mar 22 ₹16,571 31 Mar 23 ₹16,442 31 Mar 24 ₹23,774 Returns for JM Tax Gain Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 5.4% 3 Month 5.4% 6 Month 19% 1 Year 44.8% 3 Year 21.4% 5 Year 19.1% 10 Year 15 Year Since launch 9.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 30.9% 2022 0.5% 2021 32.2% 2020 18.3% 2019 14.9% 2018 -4.6% 2017 42.6% 2016 5.2% 2015 -0.6% 2014 54.9% Fund Manager information for JM Tax Gain Fund
Name Since Tenure Asit Bhandarkar 31 Dec 21 2.25 Yr. Gurvinder Wasan 1 Dec 22 1.33 Yr. Chaitanya Choksi 18 Jul 14 9.71 Yr. Data below for JM Tax Gain Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 25.02% Technology 16.94% Industrials 15.69% Consumer Cyclical 12.58% Basic Materials 9.14% Consumer Defensive 5.03% Utility 4.28% Real Estate 3.8% Health Care 3.27% Communication Services 1.34% Asset Allocation
Asset Class Value Cash 2.91% Equity 97.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK6% ₹7 Cr 47,881
↑ 24,000 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFY5% ₹6 Cr 34,215
↑ 15,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK4% ₹5 Cr 49,975 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT4% ₹5 Cr 13,500
↓ -800 State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN3% ₹3 Cr 45,400 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5328103% ₹3 Cr 81,625
↓ -30,000 Bank of Baroda (Financial Services)
Equity, Since 30 Sep 22 | 5321343% ₹3 Cr 123,000 NTPC Ltd (Utilities)
Equity, Since 31 Dec 23 | 5325553% ₹3 Cr 97,000
↑ 15,000 Newgen Software Technologies Ltd (Technology)
Equity, Since 30 Nov 23 | NEWGEN3% ₹3 Cr 36,900 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR2% ₹3 Cr 47,500 8. Invesco India Tax Plan
CAGR/Annualized return of 14.8% since its launch. Ranked 17 in ELSS category. Return for 2023 was 30.9% , 2022 was -7.7% and 2021 was 32.6% . Invesco India Tax Plan
Growth Launch Date 29 Dec 06 NAV (16 Apr 24) ₹108.36 ↓ -0.24 (-0.22 %) Net Assets (Cr) ₹2,545 on 29 Feb 24 Category Equity - ELSS AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio 2.9 Information Ratio -0.63 Alpha Ratio 4.97 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,885 31 Mar 21 ₹13,088 31 Mar 22 ₹15,655 31 Mar 23 ₹14,580 31 Mar 24 ₹20,586 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 4.9% 3 Month 4% 6 Month 18.1% 1 Year 41.1% 3 Year 17.6% 5 Year 16.1% 10 Year 15 Year Since launch 14.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 30.9% 2022 -7.7% 2021 32.6% 2020 19.2% 2019 9.4% 2018 -1.3% 2017 35.7% 2016 3.4% 2015 5.8% 2014 54.3% Fund Manager information for Invesco India Tax Plan
Name Since Tenure Amit Nigam 3 Sep 20 3.58 Yr. Dhimant Kothari 29 Mar 18 6.01 Yr. Data below for Invesco India Tax Plan as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 26.77% Consumer Cyclical 12.31% Industrials 11.22% Technology 11.06% Health Care 9.93% Basic Materials 7.27% Consumer Defensive 6.25% Utility 5.33% Energy 5.24% Communication Services 2.58% Real Estate 1.28% Asset Allocation
Asset Class Value Cash 0.75% Equity 99.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK5% ₹133 Cr 1,261,235 Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY5% ₹121 Cr 722,543 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE4% ₹113 Cr 385,239 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | HDFCBANK3% ₹87 Cr 618,355 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 23 | TCS3% ₹77 Cr 188,066 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 5322153% ₹71 Cr 656,279 Anand Rathi Wealth Ltd (Financial Services)
Equity, Since 31 Dec 21 | 5434153% ₹67 Cr 182,065 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | INDUSINDBK2% ₹63 Cr 429,280
↑ 91,293 Bank of Baroda (Financial Services)
Equity, Since 30 Sep 22 | 5321342% ₹58 Cr 2,166,901
↑ 754,026 Gujarat State Petronet Ltd (Utilities)
Equity, Since 30 Nov 22 | 5327022% ₹57 Cr 1,552,742 9. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 15.2% since its launch. Ranked 12 in ELSS category. Return for 2023 was 30% , 2022 was 4.5% and 2021 was 35.1% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (16 Apr 24) ₹114.976 ↓ -0.16 (-0.14 %) Net Assets (Cr) ₹14,147 on 29 Feb 24 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.78 Sharpe Ratio 2.53 Information Ratio 0.33 Alpha Ratio 0.45 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,621 31 Mar 21 ₹13,531 31 Mar 22 ₹16,559 31 Mar 23 ₹16,584 31 Mar 24 ₹23,270 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 3.9% 3 Month 3.8% 6 Month 18.8% 1 Year 40.1% 3 Year 20.6% 5 Year 18.7% 10 Year 15 Year Since launch 15.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 30% 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% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 8.72 Yr. Charanjit Singh 1 May 23 0.92 Yr. Data below for DSP BlackRock Tax Saver Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 35.03% Consumer Cyclical 11.57% Technology 8.96% Basic Materials 8.16% Health Care 7.67% Industrials 6.85% Energy 4.68% Consumer Defensive 4.39% Utility 4.12% Communication Services 3.41% Asset Allocation
Asset Class Value Cash 5.16% Equity 94.84% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK8% ₹1,142 Cr 10,848,875
↑ 475,242 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK7% ₹959 Cr 6,833,177
↑ 148,839 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN5% ₹690 Cr 9,223,663
↑ 437,951 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | M&M3% ₹405 Cr 2,097,562
↓ -194,380 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY3% ₹399 Cr 2,382,232 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322153% ₹388 Cr 3,606,136 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 21 | HCLTECH3% ₹379 Cr 2,280,758 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 22 | 5328103% ₹363 Cr 9,050,202
↑ 68,694 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Nov 22 | HINDUNILVR2% ₹325 Cr 1,346,783 Coforge Ltd (Technology)
Equity, Since 28 Feb 23 | COFORGE2% ₹314 Cr 479,377 10. Taurus Tax Shield
CAGR/Annualized return of 12.1% since its launch. Ranked 26 in ELSS category. Return for 2023 was 28.7% , 2022 was 6.6% and 2021 was 20.1% . Taurus Tax Shield
Growth Launch Date 31 Mar 96 NAV (16 Apr 24) ₹161.54 ↓ -0.21 (-0.13 %) Net Assets (Cr) ₹75 on 29 Feb 24 Category Equity - ELSS AMC Taurus Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.45 Sharpe Ratio 2.78 Information Ratio 0.07 Alpha Ratio 5.47 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,618 31 Mar 21 ₹12,017 31 Mar 22 ₹14,141 31 Mar 23 ₹14,817 31 Mar 24 ₹20,125 Returns for Taurus Tax Shield
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 0.6% 3 Month 2.4% 6 Month 16.9% 1 Year 34.3% 3 Year 19% 5 Year 15% 10 Year 15 Year Since launch 12.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 28.7% 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% Fund Manager information for Taurus Tax Shield
Name Since Tenure Anuj Kapil 7 Aug 23 0.65 Yr. Data below for Taurus Tax Shield as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 28.99% Technology 21.28% Health Care 10.2% Basic Materials 9.95% Industrials 9.37% Consumer Defensive 5.3% Energy 4.65% Consumer Cyclical 2.75% Utility 1.78% Asset Allocation
Asset Class Value Cash 5.74% Equity 94.26% Top Securities Holdings / Portfolio
Name Holding Value Quantity HCL Technologies Ltd (Technology)
Equity, Since 31 May 22 | HCLTECH10% ₹8 Cr 45,743 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK9% ₹7 Cr 46,969 Gujarat Pipavav Port Ltd (Industrials)
Equity, Since 31 May 22 | 5332487% ₹5 Cr 240,000 Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 30 Apr 22 | 5004906% ₹5 Cr 5,200 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 09 | 5321745% ₹4 Cr 36,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 22 | 5322155% ₹4 Cr 35,000 Coal India Ltd (Energy)
Equity, Since 31 Jan 23 | COALINDIA5% ₹4 Cr 80,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 23 | INFY5% ₹3 Cr 20,557 Narayana Hrudayalaya Ltd (Healthcare)
Equity, Since 31 Jul 22 | 5395514% ₹3 Cr 25,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 Jul 22 | 5327554% ₹3 Cr 25,706
↓ -5,294
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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