+91-22-48913909Best ELSS Mutual Funds for Investment of 2024
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 2024 best funds are listed below as per their performance.
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Top 10 ELSS Funds 2024 Based on Performance
Fund NAV Net Assets (Cr) 2024 (%) 2023 (%) 2022 (%) 2021 (%) 2020 (%) Motilal Oswal Long Term Equity Fund Growth ₹53.0246 ₹4,402 47.7 37 1.8 32.1 8.8 JM Tax Gain Fund Growth ₹49.4855 ₹207 29 30.9 0.5 32.2 18.3 SBI Magnum Tax Gain Fund Growth ₹440.574
↑ 2.60 ₹30,271 27.7 40 6.9 31 18.9 LIC MF Tax Plan Growth ₹155.094
↑ 1.34 ₹1,115 22.6 26.3 -1.6 26.2 8.9 BOI AXA Tax Advantage Fund Growth ₹161.05
↑ 1.17 ₹1,397 21.6 34.8 -1.3 41.5 31.2 Taurus Tax Shield Growth ₹189.65 ₹78 21.5 28.7 6.6 20.1 13.7 Edelweiss Long Term Equity Fund Growth ₹110.78
↑ 0.73 ₹416 20 26.8 -0.1 30.4 13.7 Nippon India Tax Saver Fund (ELSS) Growth ₹130.108
↑ 0.76 ₹15,339 17.6 28.6 6.9 37.6 -0.4 Canara Robeco Equity Tax Saver Growth ₹177.76
↑ 1.22 ₹8,870 17.5 23.7 -0.2 35.1 27.4 Mirae Asset Tax Saver Fund Growth ₹49.698
↑ 0.35 ₹26,076 17.2 27 0.1 35.3 21.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Sep 25 Research Highlights & Commentary of 10 Funds showcased
Commentary Motilal Oswal Long Term Equity Fund JM Tax Gain Fund SBI Magnum Tax Gain Fund LIC MF Tax Plan BOI AXA Tax Advantage Fund Taurus Tax Shield Edelweiss Long Term Equity Fund Nippon India Tax Saver Fund (ELSS) Canara Robeco Equity Tax Saver Mirae Asset Tax Saver Fund Point 1 Upper mid AUM (₹4,402 Cr). Bottom quartile AUM (₹207 Cr). Highest AUM (₹30,271 Cr). Lower mid AUM (₹1,115 Cr). Lower mid AUM (₹1,397 Cr). Bottom quartile AUM (₹78 Cr). Bottom quartile AUM (₹416 Cr). Upper mid AUM (₹15,339 Cr). Upper mid AUM (₹8,870 Cr). Top quartile AUM (₹26,076 Cr). Point 2 Established history (10+ yrs). Established history (17+ yrs). Established history (18+ yrs). Established history (26+ yrs). Established history (16+ yrs). Oldest track record among peers (29 yrs). Established history (16+ yrs). Established history (20+ yrs). Established history (16+ yrs). Established history (9+ yrs). Point 3 Not Rated. Top rated. Rating: 2★ (upper mid). Rating: 1★ (lower mid). Rating: 3★ (top quartile). Rating: 2★ (upper mid). Rating: 2★ (lower mid). Rating: 3★ (upper mid). Rating: 1★ (bottom quartile). Not Rated. Point 4 Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 25.84% (top quartile). 5Y return: 22.65% (upper mid). 5Y return: 24.83% (top quartile). 5Y return: 18.31% (bottom quartile). 5Y return: 20.89% (upper mid). 5Y return: 18.64% (bottom quartile). 5Y return: 18.72% (bottom quartile). 5Y return: 22.96% (upper mid). 5Y return: 19.31% (lower mid). 5Y return: 20.71% (lower mid). Point 6 3Y return: 25.45% (top quartile). 3Y return: 20.20% (upper mid). 3Y return: 24.10% (top quartile). 3Y return: 15.45% (bottom quartile). 3Y return: 16.94% (lower mid). 3Y return: 18.51% (upper mid). 3Y return: 15.66% (bottom quartile). 3Y return: 17.76% (upper mid). 3Y return: 14.77% (bottom quartile). 3Y return: 17.11% (lower mid). Point 7 1Y return: -3.24% (bottom quartile). 1Y return: -5.16% (bottom quartile). 1Y return: -2.17% (lower mid). 1Y return: -1.52% (upper mid). 1Y return: -6.88% (bottom quartile). 1Y return: 0.20% (top quartile). 1Y return: -2.77% (lower mid). 1Y return: -2.00% (upper mid). 1Y return: -1.86% (upper mid). 1Y return: 0.65% (top quartile). Point 8 Alpha: 11.36 (top quartile). Alpha: -3.85 (bottom quartile). Alpha: -1.89 (bottom quartile). Alpha: 0.86 (upper mid). Alpha: -6.31 (bottom quartile). Alpha: -0.34 (lower mid). Alpha: -0.14 (upper mid). Alpha: -0.20 (lower mid). Alpha: 0.95 (upper mid). Alpha: 1.86 (top quartile). Point 9 Sharpe: 0.04 (top quartile). Sharpe: -0.70 (bottom quartile). Sharpe: -0.62 (bottom quartile). Sharpe: -0.37 (upper mid). Sharpe: -0.74 (bottom quartile). Sharpe: -0.48 (lower mid). Sharpe: -0.45 (upper mid). Sharpe: -0.45 (lower mid). Sharpe: -0.41 (upper mid). Sharpe: -0.32 (top quartile). Point 10 Information ratio: 0.92 (top quartile). Information ratio: 0.62 (upper mid). Information ratio: 2.16 (top quartile). Information ratio: -0.12 (bottom quartile). Information ratio: 0.33 (lower mid). Information ratio: 0.37 (upper mid). Information ratio: -0.26 (bottom quartile). Information ratio: 0.58 (upper mid). Information ratio: -0.50 (bottom quartile). Information ratio: 0.05 (lower mid). Motilal Oswal Long Term Equity Fund
JM Tax Gain Fund
SBI Magnum Tax Gain Fund
LIC MF Tax Plan
BOI AXA Tax Advantage Fund
Taurus Tax Shield
Edelweiss Long Term Equity Fund
Nippon India Tax Saver Fund (ELSS)
Canara Robeco Equity Tax Saver
Mirae Asset Tax Saver Fund
Top Performing Best ELSS Funds
(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. Below is the key information for Motilal Oswal Long Term Equity Fund 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. Research Highlights for JM Tax Gain Fund Below is the key information for JM Tax Gain Fund Returns up to 1 year are on 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. Research Highlights for SBI Magnum Tax Gain Fund Below is the key information for SBI Magnum Tax Gain Fund Returns up to 1 year are on The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Scheme will be realised. Research Highlights for LIC MF Tax Plan Below is the key information for LIC MF Tax Plan 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.) Research Highlights for BOI AXA Tax Advantage Fund Below is the key information for BOI AXA Tax Advantage 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. Research Highlights for Taurus Tax Shield Below is the key information for Taurus Tax Shield Returns up to 1 year are on (Erstwhile Edelweiss ELSS Fund) The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments. Research Highlights for Edelweiss Long Term Equity Fund Below is the key information for Edelweiss Long Term Equity Fund Returns up to 1 year are on 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. Research Highlights for Nippon India Tax Saver Fund (ELSS) Below is the key information for Nippon India Tax Saver Fund (ELSS) Returns up to 1 year are on (ELSS Scheme) Seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of
the scheme will be realized. Research Highlights for Canara Robeco Equity Tax Saver Below is the key information for Canara Robeco Equity Tax Saver Returns up to 1 year are on The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns. Research Highlights for Mirae Asset Tax Saver Fund Below is the key information for Mirae Asset Tax Saver Fund Returns up to 1 year are on 1. Motilal Oswal Long Term Equity Fund
Motilal Oswal Long Term Equity Fund
Growth Launch Date 21 Jan 15 NAV (16 Sep 25) ₹53.0246 Net Assets (Cr) ₹4,402 on 31 Jul 25 Category Equity - ELSS AMC Motilal Oswal Asset Management Co. Ltd Rating Risk Moderately High Expense Ratio 1.65 Sharpe Ratio 0.04 Information Ratio 0.92 Alpha Ratio 11.36 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹16,372 31 Aug 22 ₹16,008 31 Aug 23 ₹19,372 31 Aug 24 ₹31,421 31 Aug 25 ₹29,948 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 Sep 25 Duration Returns 1 Month 5.5% 3 Month 2.4% 6 Month 25.3% 1 Year -3.2% 3 Year 25.4% 5 Year 25.8% 10 Year 15 Year Since launch 17% Historical performance (Yearly) on absolute basis
Year Returns 2024 47.7% 2023 37% 2022 1.8% 2021 32.1% 2020 8.8% 2019 13.2% 2018 -8.7% 2017 44% 2016 12.5% 2015 Fund Manager information for Motilal Oswal Long Term Equity Fund
Name Since Tenure Ajay Khandelwal 11 Dec 23 1.73 Yr. Rakesh Shetty 22 Nov 22 2.78 Yr. Atul Mehra 1 Oct 24 0.92 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 31 Jul 25
Equity Sector Allocation
Sector Value Industrials 31.5% Financial Services 22.55% Consumer Cyclical 17.85% Technology 11.38% Basic Materials 5.89% Real Estate 4.55% Health Care 3.01% Communication Services 1.57% Asset Allocation
Asset Class Value Cash 1.68% Equity 98.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5433206% ₹276 Cr 8,970,581 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Oct 23 | PRESTIGE5% ₹200 Cr 1,231,856
↑ 176,651 Amber Enterprises India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Mar 24 | AMBER4% ₹191 Cr 240,350 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 29 Feb 24 | MCX4% ₹191 Cr 248,438 Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Jun 23 | KAYNES4% ₹179 Cr 289,593
↓ -8,158 Bharat Dynamics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Dec 23 | BDL4% ₹171 Cr 1,056,315 Gujarat Fluorochemicals Ltd Ordinary Shares (Basic Materials)
Equity, Since 28 Feb 23 | FLUOROCHEM4% ₹155 Cr 430,073
↑ 12,083 Suzlon Energy Ltd (Industrials)
Equity, Since 31 Jan 24 | SUZLON3% ₹152 Cr 24,702,337 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Apr 24 | BEL3% ₹147 Cr 3,832,775
↓ -117,225 Piramal Enterprises Ltd (Financial Services)
Equity, Since 31 Jul 24 | 5003023% ₹146 Cr 1,168,384 2. JM Tax Gain Fund
JM Tax Gain Fund
Growth Launch Date 31 Mar 08 NAV (16 Sep 25) ₹49.4855 Net Assets (Cr) ₹207 on 31 Jul 25 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio -0.7 Information Ratio 0.62 Alpha Ratio -3.85 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹15,997 31 Aug 22 ₹16,497 31 Aug 23 ₹19,708 31 Aug 24 ₹30,143 31 Aug 25 ₹27,753 Returns for JM Tax Gain Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 3.5% 3 Month 3.6% 6 Month 16.5% 1 Year -5.2% 3 Year 20.2% 5 Year 22.7% 10 Year 15 Year Since launch 9.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 29% 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% Fund Manager information for JM Tax Gain Fund
Name Since Tenure Satish Ramanathan 1 Oct 24 0.92 Yr. Asit Bhandarkar 31 Dec 21 3.67 Yr. Ruchi Fozdar 4 Oct 24 0.91 Yr. Deepak Gupta 11 Apr 25 0.39 Yr. Data below for JM Tax Gain Fund as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 27.77% Consumer Cyclical 13.43% Technology 13.34% Industrials 13.14% Basic Materials 12.93% Health Care 7.59% Energy 3.59% Communication Services 2.84% Consumer Defensive 2.18% Real Estate 1.1% Utility 0.95% Asset Allocation
Asset Class Value Cash 1.1% Equity 98.9% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT5% ₹11 Cr 28,947 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK5% ₹10 Cr 49,131 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK4% ₹8 Cr 56,000
↓ -14,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 25 | RELIANCE4% ₹7 Cr 53,400 One97 Communications Ltd (Technology)
Equity, Since 31 May 25 | 5433963% ₹6 Cr 55,500 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 May 25 | SYRMA3% ₹6 Cr 77,750
↓ -23,250 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL3% ₹6 Cr 30,700 OneSource Specialty Pharma Ltd (Healthcare)
Equity, Since 31 Jan 25 | ONESOURCE3% ₹6 Cr 28,195 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 24 | CREDITACC3% ₹5 Cr 41,601
↓ -1,999 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFY2% ₹5 Cr 32,965 3. SBI Magnum Tax Gain Fund
SBI Magnum Tax Gain Fund
Growth Launch Date 7 May 07 NAV (16 Sep 25) ₹440.574 ↑ 2.60 (0.59 %) Net Assets (Cr) ₹30,271 on 31 Jul 25 Category Equity - ELSS AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.6 Sharpe Ratio -0.63 Information Ratio 2.16 Alpha Ratio -1.89 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹15,198 31 Aug 22 ₹16,286 31 Aug 23 ₹20,108 31 Aug 24 ₹31,665 31 Aug 25 ₹30,039 Returns for SBI Magnum Tax Gain Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 2.5% 3 Month 1% 6 Month 12.6% 1 Year -2.2% 3 Year 24.1% 5 Year 24.8% 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 27.7% 2023 40% 2022 6.9% 2021 31% 2020 18.9% 2019 4% 2018 -8.3% 2017 33% 2016 2.1% 2015 3.2% Fund Manager information for SBI Magnum Tax Gain Fund
Name Since Tenure Dinesh Balachandran 10 Sep 16 8.98 Yr. Data below for SBI Magnum Tax Gain Fund as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 29.46% Basic Materials 10.03% Consumer Cyclical 9.31% Energy 9.03% Industrials 8.45% Technology 7.83% Health Care 7.59% Consumer Defensive 4.53% Utility 4.47% Communication Services 1.94% Real Estate 1.1% Asset Allocation
Asset Class Value Cash 6.13% Equity 93.74% Debt 0.13% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK10% ₹2,885 Cr 14,293,253 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE5% ₹1,567 Cr 11,275,148 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK4% ₹1,099 Cr 7,416,237 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Oct 21 | TATASTEEL3% ₹979 Cr 62,000,000 Cipla Ltd (Healthcare)
Equity, Since 31 Jul 18 | 5000873% ₹948 Cr 6,098,542 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹882 Cr 21,414,825 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M3% ₹806 Cr 2,515,083 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN2% ₹744 Cr 9,335,639 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | 5327792% ₹735 Cr 5,610,813 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 23 | KOTAKBANK2% ₹722 Cr 3,650,000 4. LIC MF Tax Plan
LIC MF Tax Plan
Growth Launch Date 3 Feb 99 NAV (16 Sep 25) ₹155.094 ↑ 1.34 (0.87 %) Net Assets (Cr) ₹1,115 on 31 Jul 25 Category Equity - ELSS AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 2.01 Sharpe Ratio -0.37 Information Ratio -0.12 Alpha Ratio 0.86 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹15,142 31 Aug 22 ₹15,616 31 Aug 23 ₹17,490 31 Aug 24 ₹23,971 31 Aug 25 ₹23,032 Returns for LIC MF Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 1.9% 3 Month 1.1% 6 Month 10.9% 1 Year -1.5% 3 Year 15.5% 5 Year 18.3% 10 Year 15 Year Since launch 11.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 22.6% 2023 26.3% 2022 -1.6% 2021 26.2% 2020 8.9% 2019 11.9% 2018 -1.1% 2017 37.3% 2016 3.3% 2015 -3% Fund Manager information for LIC MF Tax Plan
Name Since Tenure Yogesh Patil 1 Jul 24 1.17 Yr. Dikshit Mittal 31 Jul 23 2.09 Yr. Data below for LIC MF Tax Plan as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 29.82% Consumer Cyclical 16.78% Industrials 15.95% Consumer Defensive 9.95% Health Care 7.34% Basic Materials 7.34% Technology 6.63% Energy 2.19% Communication Services 1.31% Real Estate 0.25% Asset Allocation
Asset Class Value Cash 2.44% Equity 97.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK8% ₹92 Cr 458,211 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK8% ₹90 Cr 604,329 Shakti Pumps (India) Ltd (Industrials)
Equity, Since 31 Mar 24 | SHAKTIPUMP6% ₹69 Cr 777,563
↑ 87,146 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | 5322153% ₹37 Cr 342,519 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN3% ₹30 Cr 210,855 State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN2% ₹26 Cr 320,605 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 23 | LT2% ₹25 Cr 68,942 PI Industries Ltd (Basic Materials)
Equity, Since 31 Jan 23 | PIIND2% ₹23 Cr 54,004 Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY2% ₹23 Cr 151,614 Blue Star Ltd (Industrials)
Equity, Since 31 Oct 22 | BLUESTARCO2% ₹23 Cr 131,363 5. BOI AXA Tax Advantage Fund
BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (16 Sep 25) ₹161.05 ↑ 1.17 (0.73 %) Net Assets (Cr) ₹1,397 on 31 Jul 25 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.09 Sharpe Ratio -0.74 Information Ratio 0.33 Alpha Ratio -6.31 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹16,938 31 Aug 22 ₹16,830 31 Aug 23 ₹19,528 31 Aug 24 ₹30,041 31 Aug 25 ₹26,317 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 3.9% 3 Month 0.6% 6 Month 15.2% 1 Year -6.9% 3 Year 16.9% 5 Year 20.9% 10 Year 15 Year Since launch 18.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 21.6% 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% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Alok Singh 27 Apr 22 3.35 Yr. Data below for BOI AXA Tax Advantage Fund as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 23.14% Industrials 20.4% Basic Materials 16.82% Utility 8.32% Technology 7.07% Consumer Defensive 7.03% Consumer Cyclical 4.77% Health Care 3% Real Estate 2.65% Communication Services 2.55% Energy 1.35% Asset Allocation
Asset Class Value Cash 2.88% Equity 97.11% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 24 | 5002954% ₹60 Cr 1,412,000 Coforge Ltd (Technology)
Equity, Since 30 Jun 23 | COFORGE4% ₹57 Cr 328,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN4% ₹53 Cr 664,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 23 | HAL3% ₹48 Cr 105,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 25 | ITC3% ₹46 Cr 1,120,000
↑ 685,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK3% ₹44 Cr 218,766 Coromandel International Ltd (Basic Materials)
Equity, Since 31 Jan 23 | 5063953% ₹42 Cr 157,000 Acutaas Chemicals Ltd (Basic Materials)
Equity, Since 31 May 24 | 5433493% ₹42 Cr 317,800 Prudent Corporate Advisory Services Ltd (Financial Services)
Equity, Since 31 Oct 23 | 5435273% ₹39 Cr 132,407 Ambuja Cements Ltd (Basic Materials)
Equity, Since 31 Mar 25 | 5004253% ₹38 Cr 634,000
↑ 48,000 6. Taurus Tax Shield
Taurus Tax Shield
Growth Launch Date 31 Mar 96 NAV (16 Sep 25) ₹189.65 Net Assets (Cr) ₹78 on 31 Jul 25 Category Equity - ELSS AMC Taurus Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.46 Sharpe Ratio -0.48 Information Ratio 0.37 Alpha Ratio -0.34 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹14,263 31 Aug 22 ₹14,490 31 Aug 23 ₹17,365 31 Aug 24 ₹24,088 31 Aug 25 ₹23,331 Returns for Taurus Tax Shield
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 2.3% 3 Month 1.7% 6 Month 13.6% 1 Year 0.2% 3 Year 18.5% 5 Year 18.6% 10 Year 15 Year Since launch 12.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 21.5% 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% Fund Manager information for Taurus Tax Shield
Name Since Tenure Anuj Kapil 7 Aug 23 2.07 Yr. Data below for Taurus Tax Shield as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 35.67% Health Care 11.64% Consumer Defensive 11.3% Technology 9.2% Consumer Cyclical 7.66% Energy 4.83% Utility 4.27% Industrials 3.19% Communication Services 2.17% Basic Materials 2.11% Asset Allocation
Asset Class Value Cash 7.97% Equity 92.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK10% ₹8 Cr 38,245 Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 30 Apr 22 | 5004909% ₹7 Cr 5,200 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 09 | 5321748% ₹6 Cr 41,805 ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 16 | ITC8% ₹6 Cr 147,908 Narayana Hrudayalaya Ltd (Healthcare)
Equity, Since 31 Jul 22 | 5395516% ₹4 Cr 23,293 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Mar 25 | 5328984% ₹3 Cr 114,996 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 22 | 5322154% ₹3 Cr 28,650 CarTrade Tech Ltd (Consumer Cyclical)
Equity, Since 30 Jun 25 | 5433333% ₹3 Cr 11,970
↑ 3,970 Coal India Ltd (Energy)
Equity, Since 31 Jan 23 | COALINDIA3% ₹2 Cr 65,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 28 Feb 25 | M&M3% ₹2 Cr 7,337 7. Edelweiss Long Term Equity Fund
Edelweiss Long Term Equity Fund
Growth Launch Date 30 Dec 08 NAV (16 Sep 25) ₹110.78 ↑ 0.73 (0.66 %) Net Assets (Cr) ₹416 on 31 Jul 25 Category Equity - ELSS AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.34 Sharpe Ratio -0.45 Information Ratio -0.26 Alpha Ratio -0.14 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹15,182 31 Aug 22 ₹15,649 31 Aug 23 ₹17,580 31 Aug 24 ₹24,794 31 Aug 25 ₹23,424 Returns for Edelweiss Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 1.7% 3 Month 1.1% 6 Month 15.1% 1 Year -2.8% 3 Year 15.7% 5 Year 18.7% 10 Year 15 Year Since launch 15.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 20% 2023 26.8% 2022 -0.1% 2021 30.4% 2020 13.7% 2019 9.2% 2018 -9.1% 2017 37.7% 2016 -1.1% 2015 6.7% Fund Manager information for Edelweiss Long Term Equity Fund
Name Since Tenure Ashwani Agarwalla 1 Aug 23 2.09 Yr. Trideep Bhattacharya 1 Aug 23 2.09 Yr. Raj Koradia 1 Aug 24 1.08 Yr. Data below for Edelweiss Long Term Equity Fund as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 35.61% Technology 10.99% Consumer Cyclical 10.12% Industrials 8.76% Health Care 8.58% Energy 6.09% Consumer Defensive 5.14% Basic Materials 4.94% Communication Services 3.87% Utility 2.43% Real Estate 1.27% Asset Allocation
Asset Class Value Cash 2.21% Equity 97.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 10 | HDFCBANK8% ₹31 Cr 155,348
↓ -5,250 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 15 | RELIANCE5% ₹19 Cr 139,249 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 17 | ICICIBANK5% ₹19 Cr 126,563
↓ -7,140 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL4% ₹16 Cr 84,003 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 15 | LT3% ₹12 Cr 33,431 State Bank of India (Financial Services)
Equity, Since 31 May 18 | SBIN3% ₹12 Cr 149,214 BSE Ltd (Financial Services)
Equity, Since 31 Mar 24 | BSE2% ₹10 Cr 40,851 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY2% ₹9 Cr 59,889 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Aug 22 | BEL2% ₹8 Cr 219,943 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jan 23 | M&M2% ₹8 Cr 24,276 8. Nippon India Tax Saver Fund (ELSS)
Nippon India Tax Saver Fund (ELSS)
Growth Launch Date 21 Sep 05 NAV (16 Sep 25) ₹130.108 ↑ 0.76 (0.59 %) Net Assets (Cr) ₹15,339 on 31 Jul 25 Category Equity - ELSS AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 1.7 Sharpe Ratio -0.45 Information Ratio 0.58 Alpha Ratio -0.2 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹16,425 31 Aug 22 ₹17,421 31 Aug 23 ₹19,936 31 Aug 24 ₹28,756 31 Aug 25 ₹27,512 Returns for Nippon India Tax Saver Fund (ELSS)
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 1.3% 3 Month 2.4% 6 Month 16.6% 1 Year -2% 3 Year 17.8% 5 Year 23% 10 Year 15 Year Since launch 13.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 17.6% 2023 28.6% 2022 6.9% 2021 37.6% 2020 -0.4% 2019 1.5% 2018 -20.7% 2017 46% 2016 4.2% 2015 -2.9% Fund Manager information for Nippon India Tax Saver Fund (ELSS)
Name Since Tenure Rupesh Patel 1 Jul 21 4.17 Yr. Ritesh Rathod 19 Aug 24 1.04 Yr. Kinjal Desai 25 May 18 7.28 Yr. Data below for Nippon India Tax Saver Fund (ELSS) as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 38.38% Industrials 11.38% Consumer Cyclical 11.26% Consumer Defensive 9.42% Utility 6.78% Technology 5.28% Health Care 4.43% Energy 4.4% Basic Materials 4.24% Communication Services 3.7% Asset Allocation
Asset Class Value Cash 0.73% Equity 99.27% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK8% ₹1,304 Cr 8,800,000
↓ -600,000 HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK7% ₹1,130 Cr 5,600,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY4% ₹605 Cr 4,010,420
↑ 620,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | 5322154% ₹598 Cr 5,600,000
↑ 500,000 NTPC Ltd (Utilities)
Equity, Since 28 Feb 19 | 5325553% ₹485 Cr 14,500,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN3% ₹446 Cr 5,600,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE3% ₹420 Cr 3,018,247
↓ -81,753 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT3% ₹417 Cr 1,148,060
↓ -1,940 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5328102% ₹374 Cr 9,111,111 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | MOTHERSON2% ₹372 Cr 38,319,861
↓ -680,139 9. Canara Robeco Equity Tax Saver
Canara Robeco Equity Tax Saver
Growth Launch Date 2 Feb 09 NAV (16 Sep 25) ₹177.76 ↑ 1.22 (0.69 %) Net Assets (Cr) ₹8,870 on 31 Jul 25 Category Equity - ELSS AMC Canara Robeco Asset Management Co. Ltd. Rating ☆ Risk Moderately High Expense Ratio 1.69 Sharpe Ratio -0.41 Information Ratio -0.5 Alpha Ratio 0.95 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹16,355 31 Aug 22 ₹16,898 31 Aug 23 ₹18,425 31 Aug 24 ₹25,733 31 Aug 25 ₹24,699 Returns for Canara Robeco Equity Tax Saver
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 1.9% 3 Month 1.8% 6 Month 16.1% 1 Year -1.9% 3 Year 14.8% 5 Year 19.3% 10 Year 15 Year Since launch 18.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 17.5% 2023 23.7% 2022 -0.2% 2021 35.1% 2020 27.4% 2019 10.7% 2018 2.7% 2017 32% 2016 0% 2015 0.6% Fund Manager information for Canara Robeco Equity Tax Saver
Name Since Tenure Vishal Mishra 26 Jun 21 4.19 Yr. Shridatta Bhandwaldar 1 Oct 19 5.92 Yr. Data below for Canara Robeco Equity Tax Saver as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 28.78% Consumer Cyclical 14.54% Industrials 12.51% Technology 7.32% Health Care 7.22% Consumer Defensive 6.16% Energy 5.69% Basic Materials 5.59% Utility 3.67% Communication Services 3.15% Real Estate 1.64% Asset Allocation
Asset Class Value Cash 3.71% Equity 96.29% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK8% ₹709 Cr 3,512,584 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK7% ₹646 Cr 4,361,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE4% ₹349 Cr 2,512,000
↑ 75,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY4% ₹323 Cr 2,141,310 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 21 | BHARTIARTL3% ₹279 Cr 1,460,000
↓ -25,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT3% ₹253 Cr 694,369
↑ 20,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹225 Cr 2,825,000 GE Vernova T&D India Ltd (Industrials)
Equity, Since 29 Feb 24 | 5222752% ₹209 Cr 766,065 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 5000342% ₹205 Cr 2,329,500
↓ -75,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 5322152% ₹187 Cr 1,753,000 10. Mirae Asset Tax Saver Fund
Mirae Asset Tax Saver Fund
Growth Launch Date 28 Dec 15 NAV (16 Sep 25) ₹49.698 ↑ 0.35 (0.72 %) Net Assets (Cr) ₹26,076 on 31 Jul 25 Category Equity - ELSS AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderately High Expense Ratio 1.16 Sharpe Ratio -0.32 Information Ratio 0.05 Alpha Ratio 1.86 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 20 ₹10,000 31 Aug 21 ₹16,077 31 Aug 22 ₹16,461 31 Aug 23 ₹18,788 31 Aug 24 ₹26,002 31 Aug 25 ₹25,292 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Sep 25 Duration Returns 1 Month 3.3% 3 Month 2.7% 6 Month 18.2% 1 Year 0.6% 3 Year 17.1% 5 Year 20.7% 10 Year 15 Year Since launch 17.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 17.2% 2023 27% 2022 0.1% 2021 35.3% 2020 21.5% 2019 14.1% 2018 -2.3% 2017 47.9% 2016 14.8% 2015 Fund Manager information for Mirae Asset Tax Saver Fund
Name Since Tenure Neelesh Surana 28 Dec 15 9.68 Yr. Data below for Mirae Asset Tax Saver Fund as on 31 Jul 25
Equity Sector Allocation
Sector Value Financial Services 32.3% Consumer Cyclical 16.06% Health Care 10.52% Technology 9.46% Industrials 8.88% Basic Materials 6.15% Consumer Defensive 4.6% Energy 4.54% Utility 2.89% Communication Services 2.32% Real Estate 1.31% Asset Allocation
Asset Class Value Cash 0.98% Equity 99.02% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK10% ₹2,507 Cr 12,421,752 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322154% ₹1,117 Cr 10,456,860 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK4% ₹1,086 Cr 7,331,929 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY4% ₹1,082 Cr 7,172,785
↑ 1,050,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN4% ₹1,066 Cr 13,380,700
↑ 1,136,377 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE4% ₹926 Cr 6,664,299
↑ 920,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | ITC3% ₹864 Cr 20,973,025
↑ 2,525,612 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS3% ₹859 Cr 2,828,631
↑ 503,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT2% ₹600 Cr 1,649,526 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Dec 15 | MARUTI2% ₹528 Cr 418,746
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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Research Highlights for Motilal Oswal Long Term Equity Fund