Table of Contents
Top 10 Equity - ELSS Funds
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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Fund NAV Net Assets (Cr) 2023 (%) 2022 (%) 2021 (%) 2020 (%) 2019 (%) SBI Magnum Tax Gain Fund Growth ₹432.213
↑ 2.67 ₹25,738 40 6.9 31 18.9 4 Motilal Oswal Long Term Equity Fund Growth ₹48.3716
↓ -0.08 ₹3,710 37 1.8 32.1 8.8 13.2 BOI AXA Tax Advantage Fund Growth ₹171.47
↓ -0.22 ₹1,428 34.8 -1.3 41.5 31.2 14.6 HDFC Tax Saver Fund Growth ₹1,331.93
↓ -4.77 ₹15,674 33.2 10.5 35.3 5.8 3.7 BNP Paribas Long Term Equity Fund (ELSS) Growth ₹91.1384
↓ -0.33 ₹929 31.3 -2.1 23.6 17.8 14.3 Franklin India Taxshield Growth ₹1,450.53
↑ 2.84 ₹6,816 31.2 5.4 36.7 9.8 5.1 JM Tax Gain Fund Growth ₹49.2789
↑ 0.22 ₹161 30.9 0.5 32.2 18.3 14.9 Invesco India Tax Plan Growth ₹123.02
↓ -0.32 ₹2,847 30.9 -7.7 32.6 19.2 9.4 DSP BlackRock Tax Saver Fund Growth ₹135.977
↑ 0.35 ₹16,284 30 4.5 35.1 15 14.8 Taurus Tax Shield Growth ₹181.15
↓ -1.02 ₹78 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 25 Jul 24
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 14% 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 (25 Jul 24) ₹432.213 ↑ 2.67 (0.62 %) Net Assets (Cr) ₹25,738 on 30 Jun 24 Category Equity - ELSS AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.79 Sharpe Ratio 3.24 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 30 Jun 19 ₹10,000 30 Jun 20 ₹8,902 30 Jun 21 ₹14,117 30 Jun 22 ₹14,163 30 Jun 23 ₹18,737 30 Jun 24 ₹29,399 Returns for SBI Magnum Tax Gain Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 2.9% 3 Month 11.7% 6 Month 26.7% 1 Year 54.6% 3 Year 27.9% 5 Year 25.8% 10 Year 15 Year Since launch 14% 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 7.81 Yr. Data below for SBI Magnum Tax Gain Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 24.18% Industrials 15.05% Consumer Cyclical 10.21% Energy 9.05% Health Care 7.1% Basic Materials 6.51% Technology 6.25% Utility 5.72% Communication Services 3.12% Consumer Defensive 2.53% Real Estate 0.69% Asset Allocation
Asset Class Value Cash 9.38% Equity 90.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity GE T&D India Ltd (Industrials)
Equity, Since 30 Sep 16 | GET&D5% ₹1,358 Cr 9,105,622
↓ -563,542 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK5% ₹1,287 Cr 7,643,253
↑ 1,500,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M4% ₹979 Cr 3,415,083 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK3% ₹890 Cr 7,416,237 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTL3% ₹803 Cr 5,563,576 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN3% ₹793 Cr 9,335,639 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | TORNTPOWER3% ₹774 Cr 5,168,579
↓ -1,012,943 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE3% ₹763 Cr 2,437,574 GAIL (India) Ltd (Utilities)
Equity, Since 30 Nov 21 | GAIL3% ₹697 Cr 31,764,696
↓ -428,859 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 Jan 23 | ONGC3% ₹686 Cr 25,000,000 2. Motilal Oswal Long Term Equity Fund
CAGR/Annualized
return of 18% 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 (25 Jul 24) ₹48.3716 ↓ -0.08 (-0.18 %) Net Assets (Cr) ₹3,710 on 30 Jun 24 Category Equity - ELSS AMC Motilal Oswal Asset Management Co. Ltd Rating Risk Moderately High Expense Ratio 1.68 Sharpe Ratio 3.34 Information Ratio 0.92 Alpha Ratio 14.81 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹8,987 30 Jun 21 ₹14,080 30 Jun 22 ₹13,182 30 Jun 23 ₹17,688 30 Jun 24 ₹27,905 Returns for Motilal Oswal Long Term Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 0.4% 3 Month 9.6% 6 Month 26.5% 1 Year 54.4% 3 Year 23.7% 5 Year 24.3% 10 Year 15 Year Since launch 18% 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 0.56 Yr. Niket Shah 17 Oct 23 0.71 Yr. Rakesh Shetty 22 Nov 22 1.61 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 30.93% Financial Services 23.32% Consumer Cyclical 19.99% Real Estate 8.63% Health Care 8.35% Basic Materials 2.66% Technology 2.53% Communication Services 2.32% Asset Allocation
Asset Class Value Cash 1.28% Equity 98.72% Top Securities Holdings / Portfolio
Name Holding Value Quantity Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5433207% ₹252 Cr 12,550,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | TRENT6% ₹241 Cr 439,590
↓ -35,209 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Oct 23 | PRESTIGE5% ₹200 Cr 1,055,205
↓ -94,795 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Oct 23 | 5439405% ₹181 Cr 5,051,957 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | KALYANKJIL4% ₹165 Cr 3,296,932 Bharat Dynamics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Dec 23 | BDL4% ₹159 Cr 992,768
↓ -170,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 30 Nov 23 | CGPOWER4% ₹132 Cr 1,875,000 Global Health Ltd (Healthcare)
Equity, Since 30 Nov 22 | MEDANTA4% ₹130 Cr 993,145 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Mar 23 | INDUSINDBK3% ₹128 Cr 870,734
↓ -129,266 Apar Industries Ltd (Industrials)
Equity, Since 31 Dec 23 | APARINDS3% ₹126 Cr 148,305 3. BOI AXA Tax Advantage Fund
CAGR/Annualized
return of 20.2% 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 (25 Jul 24) ₹171.47 ↓ -0.22 (-0.13 %) Net Assets (Cr) ₹1,428 on 30 Jun 24 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.49 Sharpe Ratio 3.05 Information Ratio 0.71 Alpha Ratio 11.3 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹10,045 30 Jun 21 ₹17,570 30 Jun 22 ₹16,756 30 Jun 23 ₹21,185 30 Jun 24 ₹33,488 Returns for BOI AXA Tax Advantage Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 1% 3 Month 8.8% 6 Month 24% 1 Year 52.8% 3 Year 22.1% 5 Year 29% 10 Year 15 Year Since launch 20.2% 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 2.18 Yr. Data below for BOI AXA Tax Advantage Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 26.16% Industrials 20.51% Basic Materials 15.71% Consumer Cyclical 11.96% Energy 6.05% Technology 5.54% Utility 4.25% Consumer Defensive 3.95% Health Care 3.52% Real Estate 1.93% Asset Allocation
Asset Class Value Cash 0.38% Equity 99.59% Debt 0.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN4% ₹64 Cr 752,000 Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 24 | 5002954% ₹55 Cr 1,211,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 23 | HAL4% ₹53 Cr 99,900 Oil India Ltd (Energy)
Equity, Since 31 Mar 23 | OIL4% ₹51 Cr 702,000 Canara Bank (Financial Services)
Equity, Since 31 Aug 22 | CANBK3% ₹42 Cr 3,500,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK3% ₹38 Cr 223,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | NTPC3% ₹36 Cr 955,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE2% ₹36 Cr 114,000 Bank of Baroda (Financial Services)
Equity, Since 31 Oct 22 | BANKBARODA2% ₹35 Cr 1,286,338 UNO Minda Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | UNOMINDA2% ₹32 Cr 290,000 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 (25 Jul 24) ₹1,331.93 ↓ -4.77 (-0.36 %) Net Assets (Cr) ₹15,674 on 30 Jun 24 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio 3.12 Information Ratio 1.93 Alpha Ratio 8.43 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹7,975 30 Jun 21 ₹12,121 30 Jun 22 ₹13,105 30 Jun 23 ₹16,790 30 Jun 24 ₹24,586 Returns for HDFC Tax Saver Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 1.7% 3 Month 11.1% 6 Month 21.5% 1 Year 45% 3 Year 26.2% 5 Year 21.6% 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 2.47 Yr. Dhruv Muchhal 22 Jun 23 1.03 Yr. Data below for HDFC Tax Saver Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 41.45% Health Care 12.35% Technology 10.43% Consumer Cyclical 9.34% Industrials 6.16% Communication Services 5.53% Real Estate 2.29% Utility 1.96% Energy 0.99% Consumer Defensive 0.9% Basic Materials 0.78% Asset Allocation
Asset Class Value Cash 7.51% Equity 92.17% Debt 0.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | HDFCBANK10% ₹1,566 Cr 9,300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK10% ₹1,547 Cr 12,900,000
↑ 400,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | AXISBANK8% ₹1,265 Cr 10,000,000
↑ 600,000 Cipla Ltd (Healthcare)
Equity, Since 31 Oct 09 | CIPLA5% ₹800 Cr 5,400,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL5% ₹765 Cr 5,300,000 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | 5322815% ₹730 Cr 5,000,000
↑ 300,000 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Jan 22 | SBILIFE4% ₹642 Cr 4,300,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 23 | KOTAKBANK4% ₹631 Cr 3,500,000
↑ 100,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 08 | INFY4% ₹580 Cr 3,700,000
↑ 500,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 06 | SBIN3% ₹501 Cr 5,900,000
↓ -300,000 5. BNP Paribas Long Term Equity Fund (ELSS)
CAGR/Annualized
return of 12.7% 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 (25 Jul 24) ₹91.1384 ↓ -0.33 (-0.36 %) Net Assets (Cr) ₹929 on 30 Jun 24 Category Equity - ELSS AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio 2.34 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 30 Jun 19 ₹10,000 30 Jun 20 ₹9,513 30 Jun 21 ₹14,033 30 Jun 22 ₹13,303 30 Jun 23 ₹16,290 30 Jun 24 ₹23,145 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 25 Jul 24 Duration Returns 1 Month 1.7% 3 Month 8.6% 6 Month 19.3% 1 Year 40.2% 3 Year 17.7% 5 Year 19.2% 10 Year 15 Year Since launch 12.7% 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 2.3 Yr. Pratish Krishnan 14 Mar 22 2.3 Yr. Miten Vora 1 Dec 22 1.58 Yr. Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 29.26% Industrials 13.51% Technology 12.64% Consumer Cyclical 11% Health Care 5.24% Communication Services 4.95% Basic Materials 4.89% Consumer Defensive 4.75% Energy 4.6% Utility 3.28% Real Estate 3.11% Asset Allocation
Asset Class Value Cash 2.76% Equity 97.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK6% ₹56 Cr 333,160
↑ 25,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK5% ₹48 Cr 396,000
↑ 25,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 18 | RELIANCE5% ₹43 Cr 136,600
↑ 15,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 24 | INFY3% ₹31 Cr 195,000
↑ 75,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | AXISBANK3% ₹28 Cr 225,000
↑ 35,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | 5433203% ₹26 Cr 1,277,813
↓ -67,200 Trent Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | TRENT3% ₹24 Cr 44,614
↓ -5,000 PB Fintech Ltd (Financial Services)
Equity, Since 29 Feb 24 | 5433903% ₹24 Cr 171,000
↓ -19,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 23 | TCS2% ₹22 Cr 55,120 Mphasis Ltd (Technology)
Equity, Since 31 Aug 23 | MPHASIS2% ₹21 Cr 84,000
↑ 35,500 6. Franklin India Taxshield
CAGR/Annualized
return of 21.7% 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 (25 Jul 24) ₹1,450.53 ↑ 2.84 (0.20 %) Net Assets (Cr) ₹6,816 on 30 Jun 24 Category Equity - ELSS AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 2.97 Information Ratio 0.57 Alpha Ratio 6.95 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹8,076 30 Jun 21 ₹13,526 30 Jun 22 ₹13,396 30 Jun 23 ₹16,867 30 Jun 24 ₹24,573 Returns for Franklin India Taxshield
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 3.4% 3 Month 11% 6 Month 20.2% 1 Year 43.8% 3 Year 22.5% 5 Year 21.5% 10 Year 15 Year Since launch 21.7% 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 8.17 Yr. Rajasa Kakulavarapu 1 Dec 23 0.58 Yr. Data below for Franklin India Taxshield as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 28.76% Industrials 15.09% Consumer Cyclical 12.14% Technology 8.72% Consumer Defensive 6.62% Basic Materials 5.58% Communication Services 4.99% Utility 4.58% Energy 4.36% Health Care 3.92% Real Estate 0.8% Asset Allocation
Asset Class Value Cash 3.81% Equity 96.19% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK8% ₹545 Cr 4,546,914
↑ 141,914 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK8% ₹513 Cr 3,045,417
↑ 196,480 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 07 | BHARTIARTL5% ₹340 Cr 2,356,802
↓ -163,198 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 19 | LT5% ₹314 Cr 883,853 Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY4% ₹301 Cr 1,922,741 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | AXISBANK4% ₹285 Cr 2,252,948 State Bank of India (Financial Services)
Equity, Since 31 Aug 15 | SBIN4% ₹252 Cr 2,971,107
↓ -94,598 Reliance Industries Ltd (Energy)
Equity, Since 31 May 22 | RELIANCE3% ₹214 Cr 682,403
↑ 25,316 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | UNITDSPR3% ₹211 Cr 1,650,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Oct 21 | 5322813% ₹196 Cr 1,345,586 7. JM Tax Gain Fund
CAGR/Annualized
return of 10.3% 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 (25 Jul 24) ₹49.2789 ↑ 0.22 (0.46 %) Net Assets (Cr) ₹161 on 30 Jun 24 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.43 Sharpe Ratio 2.63 Information Ratio 0.79 Alpha Ratio 8.78 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹8,935 30 Jun 21 ₹14,283 30 Jun 22 ₹14,168 30 Jun 23 ₹18,523 30 Jun 24 ₹27,569 Returns for JM Tax Gain Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 2.4% 3 Month 14.5% 6 Month 27.3% 1 Year 48.8% 3 Year 24% 5 Year 24.6% 10 Year 15 Year Since launch 10.3% 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 2.5 Yr. Gurvinder Wasan 1 Dec 22 1.58 Yr. Chaitanya Choksi 18 Jul 14 9.96 Yr. Data below for JM Tax Gain Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Industrials 23.36% Financial Services 16.43% Basic Materials 16.36% Consumer Cyclical 14.23% Technology 10.32% Consumer Defensive 5.84% Communication Services 5.38% Real Estate 3.37% Health Care 2.41% Utility 1.99% Asset Allocation
Asset Class Value Cash 0.31% Equity 99.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK4% ₹7 Cr 39,131 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK4% ₹6 Cr 50,975 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹6 Cr 15,500 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFY3% ₹4 Cr 27,465
↑ 5,000 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | PFC3% ₹4 Cr 87,625
↓ -18,000 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR2% ₹4 Cr 57,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL2% ₹4 Cr 25,000 Voltas Ltd (Industrials)
Equity, Since 31 Jan 24 | VOLTAS2% ₹4 Cr 24,500 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 30 Nov 23 | VBL2% ₹4 Cr 22,000 Cummins India Ltd (Industrials)
Equity, Since 31 Oct 21 | CUMMINSIND2% ₹4 Cr 9,000
↓ -500 8. Invesco India Tax Plan
CAGR/Annualized
return of 15.4% 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 (25 Jul 24) ₹123.02 ↓ -0.32 (-0.26 %) Net Assets (Cr) ₹2,847 on 30 Jun 24 Category Equity - ELSS AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio 2.47 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 30 Jun 19 ₹10,000 30 Jun 20 ₹9,291 30 Jun 21 ₹14,453 30 Jun 22 ₹13,506 30 Jun 23 ₹16,676 30 Jun 24 ₹23,442 Returns for Invesco India Tax Plan
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 2.4% 3 Month 12% 6 Month 19.7% 1 Year 39.7% 3 Year 16.7% 5 Year 20.5% 10 Year 15 Year Since launch 15.4% 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 3.83 Yr. Dhimant Kothari 29 Mar 18 6.26 Yr. Data below for Invesco India Tax Plan as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 26.8% Industrials 14.72% Consumer Cyclical 11.02% Health Care 10.96% Technology 8.58% Basic Materials 8.13% Consumer Defensive 7.32% Energy 6.75% Utility 2.75% Communication Services 0.97% Real Estate 0.6% Asset Allocation
Asset Class Value Cash 1.41% Equity 98.59% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | HDFCBANK7% ₹198 Cr 1,174,298
↑ 51,094 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE6% ₹167 Cr 533,999
↑ 25,367 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK5% ₹138 Cr 1,153,505 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 23 | TCS4% ₹112 Cr 285,619
↑ 6,764 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Dec 22 | UNITDSPR3% ₹76 Cr 597,710
↑ 162,451 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | AXISBANK3% ₹71 Cr 564,075 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Nov 22 | BEL2% ₹69 Cr 2,268,970 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Jan 24 | DIVISLAB2% ₹60 Cr 130,399 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 31 Dec 20 | MOTHERSON2% ₹58 Cr 3,056,285
↓ -657,792 Clean Science and Technology Ltd (Basic Materials)
Equity, Since 31 May 23 | 5433182% ₹57 Cr 395,319 9. DSP BlackRock Tax Saver Fund
CAGR/Annualized
return of 16.1% 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 (25 Jul 24) ₹135.977 ↑ 0.35 (0.26 %) Net Assets (Cr) ₹16,284 on 30 Jun 24 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.78 Sharpe Ratio 2.58 Information Ratio 0.28 Alpha Ratio 4.21 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹9,135 30 Jun 21 ₹15,068 30 Jun 22 ₹14,887 30 Jun 23 ₹18,323 30 Jun 24 ₹26,824 Returns for DSP BlackRock Tax Saver Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 4.3% 3 Month 15.4% 6 Month 25.1% 1 Year 46.4% 3 Year 21.3% 5 Year 23.7% 10 Year 15 Year Since launch 16.1% 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 8.97 Yr. Charanjit Singh 1 May 23 1.17 Yr. Data below for DSP BlackRock Tax Saver Fund as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 34.3% Consumer Cyclical 12.81% Industrials 8.32% Basic Materials 8.31% Technology 8.14% Health Care 7.08% Consumer Defensive 5.43% Communication Services 4.88% Energy 4.67% Utility 3.89% Asset Allocation
Asset Class Value Cash 2.16% Equity 97.84% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK8% ₹1,333 Cr 7,919,371 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK7% ₹1,126 Cr 9,383,047 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | AXISBANK4% ₹597 Cr 4,716,056
↑ 327,407 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN4% ₹590 Cr 6,950,342
↓ -1,252,370 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY3% ₹504 Cr 3,215,957
↑ 105,729 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 31 Dec 22 | MOTHERSON3% ₹445 Cr 23,360,667 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL3% ₹430 Cr 2,976,666
↑ 281,184 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 22 | PFC3% ₹424 Cr 8,739,203
↓ -619,436 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | M&M2% ₹371 Cr 1,294,144
↓ -334,230 NTPC Ltd (Utilities)
Equity, Since 31 Jan 19 | NTPC2% ₹337 Cr 8,907,565
↓ -1,074,270 10. Taurus Tax Shield
CAGR/Annualized
return of 12.4% 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 (25 Jul 24) ₹181.15 ↓ -1.02 (-0.56 %) Net Assets (Cr) ₹78 on 30 Jun 24 Category Equity - ELSS AMC Taurus Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.45 Sharpe Ratio 2.02 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 30 Jun 19 ₹10,000 30 Jun 20 ₹8,953 30 Jun 21 ₹13,223 30 Jun 22 ₹12,976 30 Jun 23 ₹16,320 30 Jun 24 ₹21,783 Returns for Taurus Tax Shield
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 25 Jul 24 Duration Returns 1 Month 4.2% 3 Month 9.2% 6 Month 16.3% 1 Year 36.9% 3 Year 19.4% 5 Year 19.2% 10 Year 15 Year Since launch 12.4% 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 0.9 Yr. Data below for Taurus Tax Shield as on 30 Jun 24
Equity Sector Allocation
Sector Value Financial Services 29.52% Technology 18.93% Basic Materials 13.29% Health Care 9.83% Industrials 6.74% Consumer Cyclical 6.63% Consumer Defensive 6.59% Energy 4.86% Utility 2.03% Asset Allocation
Asset Class Value Cash 1.58% Equity 98.42% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | 50018010% ₹8 Cr 46,969 HCL Technologies Ltd (Technology)
Equity, Since 31 May 22 | 5322819% ₹7 Cr 45,743 Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 30 Apr 22 | 5004906% ₹4 Cr 5,200 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 22 | 5322156% ₹4 Cr 35,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 09 | 5321746% ₹4 Cr 36,000 Coal India Ltd (Energy)
Equity, Since 31 Jan 23 | 5332785% ₹4 Cr 80,000 Gujarat Pipavav Port Ltd (Industrials)
Equity, Since 31 May 22 | 5332485% ₹4 Cr 170,778 ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 16 | ITC4% ₹3 Cr 80,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 Jul 22 | 5327554% ₹3 Cr 22,792 Narayana Hrudayalaya Ltd (Healthcare)
Equity, Since 31 Jul 22 | 5395514% ₹3 Cr 25,000
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