fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
Top 10 Best performing ELSS Mutual Funds of 2018 | Fincash.com

Fincash » Mutual Funds » Best ELSS Funds 2018

Best ELSS Mutual Funds for Investment of 2018

Updated on November 12, 2019 , 66 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 2018 best funds are listed below as per their performance.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Top 10 ELSS Funds 2018 Based on Performance

FundNAVNet Assets (Cr)2018 (%)2017 (%)2016 (%)2015 (%)2014 (%)
Canara Robeco Equity Tax Saver Growth ₹67.36
↑ 0.09
₹9652.73200.645.2
Axis Long Term Equity Fund Growth ₹49.0154
↑ 0.16
₹20,4252.737.4-0.76.766.2
ICICI Prudential Long Term Equity Fund (Tax Saving) Growth ₹378.46
↑ 0.71
₹6,1610.5263.94.350.8
Taurus Tax Shield Growth ₹80.3
↑ 0.30
₹640383.22.135.1
LIC MF Tax Plan Growth ₹71.4574
↑ 0.31
₹244-1.137.33.3-349.1
Invesco India Tax Plan Growth ₹52.82
↑ 0.16
₹912-1.335.73.45.854.3
IDBI Equity Advantage Fund Growth ₹27.94
↑ 0.17
₹589-1.735.303.171.2
Mirae Asset Tax Saver Fund Growth ₹18.541
↑ 0.04
₹2,465-2.347.914.8
Franklin India Taxshield Growth ₹563.09
↑ 0.66
₹3,985-329.14.7456.9
Kotak Tax Saver Scheme Growth ₹45.613
↑ 0.06
₹947-3.833.87.51.556.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Nov 19

Top Performing Best ELSS Funds

1. Canara Robeco Equity Tax Saver

(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.

Canara Robeco Equity Tax Saver is a Equity - ELSS fund was launched on 2 Feb 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.4% since its launch.  Ranked 36 in ELSS category.  Return for 2018 was 2.7% , 2017 was 32% and 2016 was 0% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (14 Nov 19) ₹67.36 ↑ 0.09   (0.13 %)
Net Assets (Cr) ₹965 on 30 Sep 19
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.59
Sharpe Ratio 0.36
Information Ratio -0.13
Alpha Ratio 2.46
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,335
31 Oct 16₹11,248
31 Oct 17₹13,105
31 Oct 18₹13,330
31 Oct 19₹15,351

Canara Robeco Equity Tax Saver SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Canara Robeco Equity Tax Saver

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Nov 19

DurationReturns
1 Month 3.9%
3 Month 9%
6 Month 7.6%
1 Year 12.9%
3 Year 12.5%
5 Year 8.5%
10 Year
15 Year
Since launch 19.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 2.7%
2017 32%
2016 0%
2015 0.6%
2014 45.2%
2013 5.3%
2012 30%
2011 -16.3%
2010 24.9%
2009
Fund Manager information for Canara Robeco Equity Tax Saver
NameSinceTenure
Shridatta Bhandwaldar1 Oct 190 Yr.
Cheenu Gupta12 Mar 181.55 Yr.

Data below for Canara Robeco Equity Tax Saver as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services35.26%
Consumer Defensive13.05%
Basic Materials11.81%
Technology11.03%
Industrials7.35%
Consumer Cyclical5.3%
Communication Services4.19%
Health Care4.06%
Utility2.87%
Asset Allocation
Asset ClassValue
Cash5.01%
Equity94.99%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
10%₹93 Cr754,684
↑ 38,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
6%₹60 Cr742,500
↑ 55,000
Treps
CBLO/Reverse Repo | -
6%₹58 Cr
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
5%₹52 Cr129,150
↑ 13,500
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 500696
4%₹42 Cr213,830
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹41 Cr251,000
↑ 57,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | BHARTIARTL
4%₹40 Cr1,103,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 19 | ULTRACEMCO
4%₹39 Cr90,550
↓ -15,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
4%₹36 Cr821,000
↓ -316,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB
4%₹34 Cr206,500
↑ 15,000

2. Axis Long Term Equity Fund

To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Axis Long Term Equity Fund is a Equity - ELSS fund was launched on 29 Dec 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 17.5% since its launch.  Ranked 20 in ELSS category.  Return for 2018 was 2.7% , 2017 was 37.4% and 2016 was -0.7% .

Below is the key information for Axis Long Term Equity Fund

Axis Long Term Equity Fund
Growth
Launch Date 29 Dec 09
NAV (14 Nov 19) ₹49.0154 ↑ 0.16   (0.32 %)
Net Assets (Cr) ₹20,425 on 30 Sep 19
Category Equity - ELSS
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.49
Sharpe Ratio 0.64
Information Ratio 0.38
Alpha Ratio 6.97
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,417
31 Oct 16₹12,443
31 Oct 17₹14,718
31 Oct 18₹14,796
31 Oct 19₹18,192

Axis Long Term Equity 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 Axis Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Nov 19

DurationReturns
1 Month 5%
3 Month 11.3%
6 Month 15.6%
1 Year 19.9%
3 Year 15.8%
5 Year 12%
10 Year
15 Year
Since launch 17.5%
Historical performance (Yearly) on absolute basis
YearReturns
2018 2.7%
2017 37.4%
2016 -0.7%
2015 6.7%
2014 66.2%
2013 16.5%
2012 33.7%
2011 -14.8%
2010 30%
2009
Fund Manager information for Axis Long Term Equity Fund
NameSinceTenure
Jinesh Gopani1 Apr 117.84 Yr.

Data below for Axis Long Term Equity Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services41.02%
Consumer Cyclical14.2%
Consumer Defensive11.21%
Technology7.96%
Basic Materials5.48%
Communication Services5.47%
Industrials5.23%
Utility3.35%
Health Care1.4%
Real Estate0%
Asset Allocation
Asset ClassValue
Cash5.05%
Equity94.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
10%₹1,948 Cr4,815,508
↓ -79,570
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 11 | KOTAKBANK
9%₹1,796 Cr10,922,075
↓ -177,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
8%₹1,571 Cr12,795,750
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Nov 14 | PIDILITIND
8%₹1,533 Cr10,619,943
↑ 247,053
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 540376
7%₹1,363 Cr7,325,645
↓ -2,875
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 17 | TCS
6%₹1,303 Cr6,206,417
↓ -551,247
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFC
6%₹1,144 Cr5,786,662
↑ 413,899
GRUH Finance Ltd (Financial Services)
Equity, Since 31 May 11 | 511288
5%₹996 Cr36,971,961
↑ 370,062
Info Edge (India) Ltd (Technology)
Equity, Since 31 May 14 | NAUKRI
4%₹914 Cr4,524,049
↑ 50,682
Clearing Corporation Of India Ltd
CBLO | -
4%₹912 Cr

3. ICICI Prudential Long Term Equity Fund (Tax Saving)

To generate long-term capital appreciation through investments made primarily in equity and equity related securities of companies.

ICICI Prudential Long Term Equity Fund (Tax Saving) is a Equity - ELSS fund was launched on 19 Aug 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.7% since its launch.  Ranked 30 in ELSS category.  Return for 2018 was 0.5% , 2017 was 26% and 2016 was 3.9% .

Below is the key information for ICICI Prudential Long Term Equity Fund (Tax Saving)

ICICI Prudential Long Term Equity Fund (Tax Saving)
Growth
Launch Date 19 Aug 99
NAV (14 Nov 19) ₹378.46 ↑ 0.71   (0.19 %)
Net Assets (Cr) ₹6,161 on 30 Sep 19
Category Equity - ELSS
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio -0.1
Information Ratio -0.64
Alpha Ratio -2.22
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,408
31 Oct 16₹11,897
31 Oct 17₹13,203
31 Oct 18₹13,411
31 Oct 19₹14,756

ICICI Prudential Long Term Equity Fund (Tax Saving) SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for ICICI Prudential Long Term Equity Fund (Tax Saving)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Nov 19

DurationReturns
1 Month 5%
3 Month 6.7%
6 Month 2.5%
1 Year 7.4%
3 Year 8.8%
5 Year 7.7%
10 Year
15 Year
Since launch 19.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 0.5%
2017 26%
2016 3.9%
2015 4.3%
2014 50.8%
2013 10.2%
2012 37.6%
2011 -24%
2010 24.1%
2009 112%
Fund Manager information for ICICI Prudential Long Term Equity Fund (Tax Saving)
NameSinceTenure
Sankaran Naren5 Nov 180.32 Yr.
Priyanka Khandelwal15 Jun 171.71 Yr.
Harish Bihani5 Nov 180.32 Yr.

Data below for ICICI Prudential Long Term Equity Fund (Tax Saving) as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services26.18%
Health Care9%
Technology8.6%
Utility8.52%
Basic Materials8.44%
Consumer Cyclical7.82%
Industrials7.47%
Communication Services7.39%
Energy6.63%
Consumer Defensive5.63%
Real Estate0.27%
Asset Allocation
Asset ClassValue
Cash4.05%
Equity95.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NTPC Ltd (Utilities)
Equity, Since 31 Jul 17 | 532555
7%₹428 Cr34,990,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
6%₹389 Cr8,402,979
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL
6%₹371 Cr9,907,191
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
5%₹341 Cr4,968,548
↑ 2,968,548
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 17 | ITC
5%₹316 Cr12,253,608
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Nov 18 | 500312
4%₹283 Cr20,000,000
Treps
CBLO/Reverse Repo | -
4%₹278 Cr
Hindalco Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | HINDALCO
4%₹274 Cr14,585,604
SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 17 | 540719
4%₹254 Cr2,563,455
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹216 Cr6,906,964

4. 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 2018 was 0% , 2017 was 38% and 2016 was 3.2% .

Below is the key information for Taurus Tax Shield

Taurus Tax Shield
Growth
Launch Date 31 Mar 96
NAV (14 Nov 19) ₹80.3 ↑ 0.30   (0.38 %)
Net Assets (Cr) ₹64 on 30 Sep 19
Category Equity - ELSS
AMC Taurus Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 3
Sharpe Ratio -0.12
Information Ratio -0.1
Alpha Ratio -3.65
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,278
31 Oct 16₹11,529
31 Oct 17₹14,186
31 Oct 18₹14,193
31 Oct 19₹15,575

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 14 Nov 19

DurationReturns
1 Month 5.6%
3 Month 9.1%
6 Month 6.3%
1 Year 8.7%
3 Year 12.7%
5 Year 9.1%
10 Year
15 Year
Since launch 11.2%
Historical performance (Yearly) on absolute basis
YearReturns
2018 0%
2017 38%
2016 3.2%
2015 2.1%
2014 35.1%
2013 0.5%
2012 28.7%
2011 -22.2%
2010 18.9%
2009 94.8%
Fund Manager information for Taurus Tax Shield
NameSinceTenure
Prasanna Pathak30 Jun 171.59 Yr.

Data below for Taurus Tax Shield as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services38.33%
Technology13.43%
Basic Materials10.48%
Consumer Defensive8.54%
Industrials8.37%
Energy6.52%
Consumer Cyclical4.33%
Health Care3.7%
Utility3.09%
Asset Allocation
Asset ClassValue
Cash3.19%
Equity96.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
8%₹5 Cr43,064
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 08 | RELIANCE
8%₹5 Cr36,056
↑ 4,653
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 09 | ICICIBANK
7%₹5 Cr104,817
↓ -2,600
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
5%₹3 Cr22,471
↑ 2,100
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 11 | TCS
4%₹3 Cr12,069
↓ -2,500
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | KOTAKBANK
4%₹3 Cr16,260
↑ 3,100
Infosys Ltd (Technology)
Equity, Since 31 Jul 09 | INFY
4%₹2 Cr34,354
↓ -4,500
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 17 | 500696
3%₹2 Cr10,550
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 09 | HDFC
3%₹2 Cr10,169
↓ -3,500
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | 532215
3%₹2 Cr28,111

5. LIC MF Tax Plan

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.

LIC MF Tax Plan is a Equity - ELSS fund was launched on 3 Feb 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.3% since its launch.  Ranked 35 in ELSS category.  Return for 2018 was -1.1% , 2017 was 37.3% and 2016 was 3.3% .

Below is the key information for LIC MF Tax Plan

LIC MF Tax Plan
Growth
Launch Date 3 Feb 99
NAV (14 Nov 19) ₹71.4574 ↑ 0.31   (0.44 %)
Net Assets (Cr) ₹244 on 30 Sep 19
Category Equity - ELSS
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.9
Sharpe Ratio 0.69
Information Ratio 0.18
Alpha Ratio 8.16
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,561
31 Oct 16₹11,572
31 Oct 17₹13,744
31 Oct 18₹13,516
31 Oct 19₹15,723

LIC MF Tax Plan 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 LIC MF Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Nov 19

DurationReturns
1 Month 4.7%
3 Month 10.3%
6 Month 13.1%
1 Year 15.6%
3 Year 12.6%
5 Year 9%
10 Year
15 Year
Since launch 10.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%
2014 49.1%
2013 8.2%
2012 26.3%
2011 -26.2%
2010 15.7%
2009 62.2%
Fund Manager information for LIC MF Tax Plan
NameSinceTenure
Sachin Relekar5 Mar 153.91 Yr.

Data below for LIC MF Tax Plan as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services41.03%
Consumer Cyclical12.65%
Technology12.15%
Basic Materials10.03%
Consumer Defensive9.34%
Energy3.34%
Real Estate2.54%
Industrials2.28%
Health Care1.73%
Utility0.26%
Asset Allocation
Asset ClassValue
Cash4.64%
Equity95.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
8%₹19 Cr156,190
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
6%₹15 Cr318,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
6%₹14 Cr35,200
Treps
CBLO/Reverse Repo | -
6%₹14 Cr
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
5%₹13 Cr58,900
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
5%₹13 Cr190,156
↑ 18,900
City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB
4%₹11 Cr518,285
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
4%₹10 Cr51,192
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
4%₹10 Cr12,500
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
4%₹9 Cr61,000

6. Invesco India Tax Plan

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 CAGR/Annualized return of 13.8% since its launch.  Ranked 17 in ELSS category.  Return for 2018 was -1.3% , 2017 was 35.7% and 2016 was 3.4% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (14 Nov 19) ₹52.82 ↑ 0.16   (0.30 %)
Net Assets (Cr) ₹912 on 30 Sep 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio 0.07
Information Ratio -0.28
Alpha Ratio -1.2
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,084
31 Oct 16₹12,350
31 Oct 17₹14,794
31 Oct 18₹14,725
31 Oct 19₹16,642

Invesco India Tax Plan 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 Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Nov 19

DurationReturns
1 Month 5.2%
3 Month 9.2%
6 Month 9.1%
1 Year 11.1%
3 Year 12.4%
5 Year 10.1%
10 Year
15 Year
Since launch 13.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
2013 10.1%
2012 30.3%
2011 -18.9%
2010 22.1%
2009 83.5%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 180.85 Yr.
Dhimant Kothari29 Mar 180.85 Yr.

Data below for Invesco India Tax Plan as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services33.41%
Consumer Defensive11.08%
Industrials9.99%
Technology9.15%
Energy8.99%
Consumer Cyclical7.63%
Health Care5.8%
Basic Materials5.24%
Utility2.24%
Communication Services1.59%
Asset Allocation
Asset ClassValue
Cash4.48%
Equity95.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹83 Cr678,130
↑ 7,968
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
8%₹70 Cr522,200
↑ 22,730
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹62 Cr1,421,664
↑ 21,105
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
6%₹57 Cr289,121
↑ 11,383
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS
5%₹47 Cr224,486
↑ 13,920
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
5%₹43 Cr292,256
↑ 23,588
Triparty Repo
CBLO/Reverse Repo | -
5%₹43 Cr
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC
5%₹42 Cr1,615,672
↑ 209,716
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
3%₹30 Cr183,772
↓ -15,085
UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Apr 19 | ULTRACEMCO
3%₹24 Cr56,041
↑ 10,105

7. IDBI Equity Advantage Fund

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

IDBI Equity Advantage Fund is a Equity - ELSS fund was launched on 10 Sep 13. It is a fund with Moderately High risk and has given a CAGR/Annualized return of since its launch.  Ranked 21 in ELSS category.  Return for 2018 was -1.7% , 2017 was 35.3% and 2016 was 0% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (14 Nov 19) ₹27.94 ↑ 0.17   (0.61 %)
Net Assets (Cr) ₹589 on 30 Sep 19
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.86
Sharpe Ratio 0.19
Information Ratio -0.39
Alpha Ratio 0.88
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,862
31 Oct 16₹12,847
31 Oct 17₹14,795
31 Oct 18₹14,565
31 Oct 19₹16,357

IDBI Equity Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for IDBI Equity Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Nov 19

DurationReturns
1 Month 3.9%
3 Month 11.7%
6 Month 13.6%
1 Year 8.4%
3 Year 10.3%
5 Year 8.9%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
2011
2010
2009
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Uma Venkatraman1 Jul 180.59 Yr.
Ayushi Sethia9 Oct 180.31 Yr.

Data below for IDBI Equity Advantage Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Consumer Cyclical28.55%
Consumer Defensive19.28%
Financial Services19.09%
Basic Materials10.85%
Industrials8.72%
Health Care3.89%
Energy1.27%
Asset Allocation
Asset ClassValue
Cash8.24%
Equity91.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
9%₹50 Cr5,020,093
↑ 2,124,556
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
6%₹35 Cr242,235
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
6%₹33 Cr1,067,825
Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500043
6%₹33 Cr190,489
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
6%₹33 Cr86,262
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
5%₹31 Cr191,141
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
5%₹31 Cr4,827
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
5%₹28 Cr671,959
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
5%₹28 Cr159,407
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
4%₹26 Cr11,670
↓ -2,000

8. Mirae Asset Tax Saver 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. The Scheme does not guarantee or assure any returns.

Mirae Asset Tax Saver Fund is a Equity - ELSS fund was launched on 28 Dec 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 17.3% since its launch.  Return for 2018 was -2.3% , 2017 was 47.9% and 2016 was 14.8% .

Below is the key information for Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund
Growth
Launch Date 28 Dec 15
NAV (14 Nov 19) ₹18.541 ↑ 0.04   (0.23 %)
Net Assets (Cr) ₹2,465 on 30 Sep 19
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.45
Sharpe Ratio 0.51
Information Ratio 1.1
Alpha Ratio 4.22
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 16₹12,391
31 Oct 17₹16,082
31 Oct 18₹15,863
31 Oct 19₹18,437

Mirae Asset 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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Mirae Asset 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 14 Nov 19

DurationReturns
1 Month 6.8%
3 Month 9.1%
6 Month 10.3%
1 Year 14.4%
3 Year 15.8%
5 Year
10 Year
15 Year
Since launch 17.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -2.3%
2017 47.9%
2016 14.8%
2015
2014
2013
2012
2011
2010
2009
Fund Manager information for Mirae Asset Tax Saver Fund
NameSinceTenure
Neelesh Surana28 Dec 153.26 Yr.

Data below for Mirae Asset Tax Saver Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services36.63%
Consumer Cyclical10.86%
Consumer Defensive9.75%
Health Care7.99%
Energy7.87%
Technology7.82%
Industrials6.5%
Basic Materials6.06%
Utility4.03%
Communication Services1.73%
Asset Allocation
Asset ClassValue
Cash0.74%
Equity99.26%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
10%₹247 Cr2,009,876
↑ 167,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹156 Cr3,604,412
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
5%₹125 Cr939,876
↑ 80,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
5%₹114 Cr4,198,799
↑ 823,026
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | ITC
4%₹106 Cr4,071,794
↑ 626,919
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
4%₹98 Cr1,431,338
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
4%₹91 Cr617,880
↑ 85,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹90 Cr427,179
↑ 48,204
IndusInd Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | INDUSINDBK
3%₹84 Cr607,689
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
3%₹80 Cr995,437
↑ 70,000

9. 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 21.6% since its launch.  Ranked 28 in ELSS category.  Return for 2018 was -3% , 2017 was 29.1% and 2016 was 4.7% .

Below is the key information for Franklin India Taxshield

Franklin India Taxshield
Growth
Launch Date 10 Apr 99
NAV (14 Nov 19) ₹563.09 ↑ 0.66   (0.12 %)
Net Assets (Cr) ₹3,985 on 30 Sep 19
Category Equity - ELSS
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 2.35
Sharpe Ratio -0.01
Information Ratio -0.86
Alpha Ratio -1.18
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,147
31 Oct 16₹12,392
31 Oct 17₹14,342
31 Oct 18₹13,841
31 Oct 19₹15,090

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 ₹367,070.
Net Profit of ₹67,070
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 14 Nov 19

DurationReturns
1 Month 2.4%
3 Month 6.4%
6 Month 2.6%
1 Year 5.4%
3 Year 7.5%
5 Year 7.7%
10 Year
15 Year
Since launch 21.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3%
2017 29.1%
2016 4.7%
2015 4%
2014 56.9%
2013 6.1%
2012 29.4%
2011 -15.2%
2010 23.5%
2009 78.8%
Fund Manager information for Franklin India Taxshield
NameSinceTenure
R. Janakiraman2 May 163.08 Yr.
Lakshmikanth Reddy2 May 163.08 Yr.

Data below for Franklin India Taxshield as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services30.7%
Consumer Cyclical11.76%
Utility10.84%
Basic Materials8.78%
Energy8.12%
Consumer Defensive7.68%
Technology5.31%
Communication Services2.92%
Health Care2.86%
Industrials1.85%
Asset Allocation
Asset ClassValue
Equity90.81%
Other9.19%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Call, Cash & Other Assets
Receivables | -
9%₹366 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 532215
9%₹349 Cr5,099,477
↑ 450,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK
7%₹286 Cr2,330,104
↓ -300,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
5%₹204 Cr4,703,052
↑ 439,899
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Nov 17 | KOTAKBANK
5%₹193 Cr1,174,652
↓ -200,000
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 16 | 532898
4%₹162 Cr8,119,223
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
4%₹147 Cr1,820,979
↓ -503,232
Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM
3%₹137 Cr1,881,440
Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 May 17 | HINDALCO
3%₹130 Cr6,799,242
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 14 | M&M
3%₹113 Cr2,059,699

10. Kotak Tax Saver Scheme

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 Scheme 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 11.5% since its launch.  Ranked 19 in ELSS category.  Return for 2018 was -3.8% , 2017 was 33.8% and 2016 was 7.5% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (14 Nov 19) ₹45.613 ↑ 0.06   (0.13 %)
Net Assets (Cr) ₹947 on 30 Sep 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio 0.42
Information Ratio -0.2
Alpha Ratio 4.68
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,915
31 Oct 16₹12,634
31 Oct 17₹15,063
31 Oct 18₹14,117
31 Oct 19₹16,319

Kotak Tax Saver Scheme 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 Kotak Tax Saver Scheme

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Nov 19

DurationReturns
1 Month 5.3%
3 Month 7.6%
6 Month 7%
1 Year 13.4%
3 Year 10.7%
5 Year 9.6%
10 Year
15 Year
Since launch 11.5%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
2012 36.2%
2011 -26%
2010 19.9%
2009 75%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

Data below for Kotak Tax Saver Scheme as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services27.73%
Industrials20.11%
Basic Materials17.05%
Technology8.8%
Energy8.25%
Consumer Defensive6.34%
Consumer Cyclical4.83%
Utility3.1%
Health Care2.19%
Asset Allocation
Asset ClassValue
Cash1.57%
Equity98.39%
Other0.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹62 Cr464,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹61 Cr1,400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹59 Cr480,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹53 Cr775,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹38 Cr45,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹37 Cr250,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹36 Cr450,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹36 Cr170,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹29 Cr105,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹26 Cr400,000
↑ 5,000

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.
How helpful was this page ?
POST A COMMENT