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11 Best performing Tax Saving (ELSS) Mutual Funds to invest in 2020

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11 Best Tax Saving ELSS Mutual Funds 2020

Updated on January 20, 2020 , 8694 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 and help save direct tax on income. Typically, 80% of the fund corpus is invested in equity and the remaining in debt instruments.

ELSS funds are also known as the tax saving Mutual Funds as they offer tax benefits under Section 80C of the Income Tax Act. Moreover, the ELSS Mutual Funds are open-ended, which means that the investors can subscribe in these funds as and when they want.

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Who Can Invest in ELSS Fund?

Generally, ELSS Mutual Funds are suitable for all kinds of investors who are willing to take market-linked risks for Tax Planning and saving money. Anyone can invest in ELSS funds at any point of time in their life. However, it is suggested to invest in tax saving ELSS funds during the early stage of your career so that your money grows over time and you earn better returns.

Hence, save tax and earn good returns both at the same time by Investing in best ELSS funds. Investors should be aware that amount invested in ELSS funds is locked for 3 Years.

Investors can invest in ELSS mutual funds as lumpsum (One Time) of SIP (Systematic Investment plan). It is advised for beginners to generally invest using SIP as it better suited for them.

Other Tax Saving Options?

Similar to ELSS other options under Section 80c includes : Life Insurance premium, Tax saving fixed deposits, PPF, NSC, EPF, Unit Linked Equity Plans (ULIP). One should know combines limit of saving under section 80c is limited to 1.5 Lakhs Per Financial year.

Top 11 Best Performing ELSS Mutual Funds for Investment in FY 20 - 21

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Tata India Tax Savings Fund Growth ₹19.274
↓ -0.09
₹2,0945.27.613.813.110.713.6
IDFC Tax Advantage (ELSS) Fund Growth ₹56.4
↓ -0.12
₹2,1196.65.5711.481.9
L&T Tax Advantage Fund Growth ₹56.627
↓ -0.13
₹3,3827.49.49.410.58.24.6
Principal Tax Savings Fund Growth ₹208.87
↓ -0.84
₹4084.94.74.410.27.72.5
BNP Paribas Long Term Equity Fund (ELSS) Growth ₹42.04
↓ -0.06
₹4745.611.316.812.97.414.3
BOI AXA Tax Advantage Fund Growth ₹56.18
↓ -0.27
₹2665.815.918.613.57.914.6
Kotak Tax Saver Scheme Growth ₹47.999
↓ -0.14
₹1,0688.110.416.512.58.812.7
HDFC Long Term Advantage Fund Growth ₹375.629
↓ -2.05
₹1,3995.95.29.612.18.810.1
Invesco India Tax Plan Growth ₹54.09
↓ -0.19
₹9884.510.611.5139.39.4
Sundaram Diversified Equity Fund Growth ₹104.132
↓ -0.30
₹2,5784.18.29.68.576.2
IDBI Equity Advantage Fund Growth ₹28.52
↓ -0.04
₹5762.716.211.511.36.45.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Jan 20

*Above is list of top ELSS (Equity Linked Saving Scheme) having AUM/Net Assets above than 500 Crore and having fund age >= 3 years.

1. Tata India Tax Savings Fund

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation..

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.2% since its launch.  Ranked 1 in ELSS category.  Return for 2019 was 13.6% , 2018 was -8.4% and 2017 was 46% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (22 Jan 20) ₹19.274 ↓ -0.09   (-0.46 %)
Net Assets (Cr) ₹2,094 on 31 Dec 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 0.79
Information Ratio -0.26
Alpha Ratio -3.75
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹11,331
31 Dec 16₹11,574
31 Dec 17₹16,898
31 Dec 18₹15,482
31 Dec 19₹17,586

Tata India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Jan 20

DurationReturns
1 Month -0.3%
3 Month 5.2%
6 Month 7.6%
1 Year 13.8%
3 Year 13.1%
5 Year 10.7%
10 Year
15 Year
Since launch 13.2%
Historical performance (Yearly) on absolute basis
YearReturns
2018 13.6%
2017 -8.4%
2016 46%
2015 2.1%
2014 13.3%
2013
2012
2011
2010
2009
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Rupesh Patel1 Apr 154.59 Yr.
Ennette Fernandes18 Jun 181.37 Yr.

Data below for Tata India Tax Savings Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services45.76%
Energy10.3%
Industrials9.78%
Technology8.66%
Consumer Cyclical8.53%
Health Care5.45%
Basic Materials3.28%
Consumer Defensive3.06%
Communication Services2.04%
Real Estate0.75%
Asset Allocation
Asset ClassValue
Cash2.49%
Equity97.59%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
10%₹205 Cr4,000,000
↓ -100,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
9%₹182 Cr5,325,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹163 Cr1,282,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
6%₹130 Cr565,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
6%₹117 Cr1,680,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
5%₹113 Cr730,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹111 Cr1,500,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹80 Cr495,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹62 Cr300,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 16 | 500034
3%₹61 Cr150,000

2. IDFC Tax Advantage (ELSS) Fund

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund was launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.9% since its launch.  Ranked 3 in ELSS category.  Return for 2019 was 1.9% , 2018 was -9.4% and 2017 was 53.4% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (22 Jan 20) ₹56.4 ↓ -0.12   (-0.21 %)
Net Assets (Cr) ₹2,119 on 31 Dec 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.22
Sharpe Ratio -0.01
Information Ratio -0.39
Alpha Ratio -9.84
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,690
31 Dec 16₹10,734
31 Dec 17₹16,461
31 Dec 18₹14,913
31 Dec 19₹15,203

IDFC Tax Advantage (ELSS) 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 IDFC Tax Advantage (ELSS) Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Jan 20

DurationReturns
1 Month 3%
3 Month 6.6%
6 Month 5.5%
1 Year 7%
3 Year 11.4%
5 Year 8%
10 Year
15 Year
Since launch 16.9%
Historical performance (Yearly) on absolute basis
YearReturns
2018 1.9%
2017 -9.4%
2016 53.4%
2015 0.4%
2014 6.9%
2013 42.2%
2012 15%
2011 36.2%
2010 -23.3%
2009 24%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 162.61 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services28.9%
Industrials16.45%
Basic Materials13.02%
Consumer Cyclical12.58%
Technology7.57%
Energy6.24%
Health Care4.2%
Consumer Defensive3.95%
Utility1.41%
Communication Services0.66%
Asset Allocation
Asset ClassValue
Cash4.36%
Equity95.63%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
8%₹167 Cr3,250,000
↓ -50,000
Triparty Repo
CBLO/Reverse Repo | -
4%₹93 Cr
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹92 Cr2,700,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹87 Cr680,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹85 Cr550,000
↑ 50,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
4%₹77 Cr1,100,000
↑ 240,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹74 Cr1,000,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹60 Cr1,600,000
↑ 75,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
2%₹47 Cr1,375,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹47 Cr1,650,000
↑ 75,000

3. L&T Tax Advantage Fund

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.3% since its launch.  Ranked 7 in ELSS category.  Return for 2019 was 4.6% , 2018 was -8.1% and 2017 was 42.3% .

Below is the key information for L&T Tax Advantage Fund

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (22 Jan 20) ₹56.627 ↓ -0.13   (-0.22 %)
Net Assets (Cr) ₹3,382 on 31 Dec 19
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.15
Information Ratio -0.82
Alpha Ratio -6.06
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,290
31 Dec 16₹11,127
31 Dec 17₹15,830
31 Dec 18₹14,551
31 Dec 19₹15,227

L&T Tax 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 L&T Tax 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 22 Jan 20

DurationReturns
1 Month 2.1%
3 Month 7.4%
6 Month 9.4%
1 Year 9.4%
3 Year 10.5%
5 Year 8.2%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 4.6%
2017 -8.1%
2016 42.3%
2015 8.1%
2014 2.9%
2013 44.8%
2012 6.8%
2011 27.4%
2010 -21.8%
2009 29.2%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
S.N. Lahiri24 Nov 127.02 Yr.
Venugopal Manghat17 Dec 190 Yr.

Data below for L&T Tax Advantage Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services36.52%
Technology11.33%
Basic Materials11.1%
Health Care9.37%
Consumer Cyclical8.75%
Industrials8.06%
Energy4.6%
Consumer Defensive3.93%
Communication Services3.61%
Utility0.61%
Asset Allocation
Asset ClassValue
Cash2.72%
Equity97.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
8%₹256 Cr4,984,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
7%₹223 Cr1,751,800
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
5%₹153 Cr747,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹132 Cr853,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹124 Cr765,100
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹113 Cr853,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
3%₹99 Cr879,200
↓ -20,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
3%₹98 Cr2,214,200
↓ -487,611
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹95 Cr1,370,200
(A) Tri Party Repo Dealing System (Treps)
CBLO/Reverse Repo | -
3%₹93 Cr

4. Principal Tax Savings Fund

To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation.

Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.6% since its launch.  Ranked 8 in ELSS category.  Return for 2019 was 2.5% , 2018 was -9.2% and 2017 was 48.8% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (22 Jan 20) ₹208.87 ↓ -0.84   (-0.40 %)
Net Assets (Cr) ₹408 on 31 Dec 19
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.01
Information Ratio -0.5
Alpha Ratio -6.43
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,270
31 Dec 16₹10,905
31 Dec 17₹16,227
31 Dec 18₹14,735
31 Dec 19₹15,099

Principal Tax Savings Fund SIP Returns

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

Returns for Principal Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Jan 20

DurationReturns
1 Month 0.4%
3 Month 4.9%
6 Month 4.7%
1 Year 4.4%
3 Year 10.2%
5 Year 7.7%
10 Year
15 Year
Since launch 15.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 2.5%
2017 -9.2%
2016 48.8%
2015 6.2%
2014 2.7%
2013 49.4%
2012 8.5%
2011 46.5%
2010 -30.4%
2009 15%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 190.01 Yr.

Data below for Principal Tax Savings Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services37.33%
Consumer Defensive11%
Energy8.05%
Technology7.97%
Basic Materials6.85%
Utility6.23%
Health Care5.68%
Industrials5.63%
Consumer Cyclical5.38%
Communication Services2.38%
Asset Allocation
Asset ClassValue
Cash3.4%
Equity96.6%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
8%₹33 Cr255,638
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹27 Cr526,148
↓ -17,265
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
6%₹25 Cr160,306
↑ 25,854
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹16 Cr479,851
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
4%₹16 Cr230,898
↑ 14,944
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
3%₹14 Cr61,980
↑ 19,210
Treps 02-Dec-2019
CBLO/Reverse Repo | -
3%₹14 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹14 Cr84,915
↓ -5,000
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹14 Cr553,436
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹14 Cr66,170
↑ 4,230

5. BNP Paribas Long Term Equity Fund (ELSS)

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 CAGR/Annualized return of 10.8% since its launch.  Ranked 22 in ELSS category.  Return for 2019 was 14.3% , 2018 was -9.3% and 2017 was 42.3% .

Below is the key information for BNP Paribas Long Term Equity Fund (ELSS)

BNP Paribas Long Term Equity Fund (ELSS)
Growth
Launch Date 5 Jan 06
NAV (22 Jan 20) ₹42.04 ↓ -0.06   (-0.14 %)
Net Assets (Cr) ₹474 on 31 Dec 19
Category Equity - ELSS
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 1.01
Information Ratio -0.09
Alpha Ratio 4.87
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,772
31 Dec 16₹10,060
31 Dec 17₹14,319
31 Dec 18₹12,986
31 Dec 19₹14,836

BNP Paribas Long Term Equity Fund (ELSS) SIP Returns

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

Returns for BNP Paribas Long Term Equity Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Jan 20

DurationReturns
1 Month 1.5%
3 Month 5.6%
6 Month 11.3%
1 Year 16.8%
3 Year 12.9%
5 Year 7.4%
10 Year
15 Year
Since launch 10.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 14.3%
2017 -9.3%
2016 42.3%
2015 -6.6%
2014 7.7%
2013 53%
2012 7.7%
2011 34.3%
2010 -15%
2009 14.9%
Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
NameSinceTenure
Abhijeet Dey16 Nov 163.04 Yr.
Karthikraj Lakshmanan7 Oct 163.15 Yr.

Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services42.56%
Technology8.48%
Basic Materials8.42%
Industrials7.79%
Consumer Cyclical6.7%
Communication Services5.92%
Consumer Defensive5.19%
Utility4.59%
Energy4.15%
Health Care2.55%
Asset Allocation
Asset ClassValue
Cash3.65%
Equity96.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
10%₹46 Cr360,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK
8%₹40 Cr788,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹22 Cr297,141
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
5%₹22 Cr315,000
↑ 65,000
Treps
CBLO/Reverse Repo | -
4%₹20 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 18 | RELIANCE
4%₹20 Cr127,500
Sundaram Finance Ltd (Financial Services)
Equity, Since 31 Dec 18 | SUNDARMFIN
3%₹14 Cr85,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
3%₹13 Cr290,950
↑ 186,800
Alkem Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 17 | ALKEM
3%₹12 Cr60,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | KOTAKBANK
3%₹12 Cr75,000

6. BOI AXA Tax Advantage Fund

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 CAGR/Annualized return of 17.1% since its launch.  Ranked 13 in ELSS category.  Return for 2019 was 14.6% , 2018 was -16.3% and 2017 was 57.7% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (22 Jan 20) ₹56.18 ↓ -0.27   (-0.48 %)
Net Assets (Cr) ₹266 on 31 Dec 19
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 3.02
Sharpe Ratio 0.78
Information Ratio 0.14
Alpha Ratio 4.65
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,206
31 Dec 16₹10,080
31 Dec 17₹15,891
31 Dec 18₹13,294
31 Dec 19₹15,236

BOI AXA Tax 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 ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for BOI AXA Tax 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 22 Jan 20

DurationReturns
1 Month 1.6%
3 Month 5.8%
6 Month 15.9%
1 Year 18.6%
3 Year 13.5%
5 Year 7.9%
10 Year
15 Year
Since launch 17.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 14.6%
2017 -16.3%
2016 57.7%
2015 -1.2%
2014 2.1%
2013 44%
2012 9.1%
2011 24.8%
2010 -24.1%
2009 5.9%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 190 Yr.

Data below for BOI AXA Tax Advantage Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services43.25%
Basic Materials11.97%
Industrials10.83%
Consumer Cyclical7.41%
Health Care5.64%
Technology5.63%
Consumer Defensive5.26%
Energy4.83%
Utility1.17%
Real Estate0.98%
Communication Services0.98%
Asset Allocation
Asset ClassValue
Cash2.05%
Equity97.94%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 500034
7%₹18 Cr43,814
↑ 615
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
7%₹17 Cr337,241
↑ 10,926
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹17 Cr131,179
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
5%₹12 Cr80,135
↑ 12,523
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
5%₹12 Cr71,724
↑ 4,015
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
3%₹8 Cr54,155
↑ 1,828
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 19 | HDFC
3%₹8 Cr33,400
↑ 2,400
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | 532215
3%₹7 Cr97,680
Abbott India Ltd (Healthcare)
Equity, Since 31 Aug 18 | 500488
3%₹7 Cr5,731
↑ 304
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
3%₹7 Cr39,000

7. 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 11.7% since its launch.  Ranked 19 in ELSS category.  Return for 2019 was 12.7% , 2018 was -3.8% and 2017 was 33.8% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (22 Jan 20) ₹47.999 ↓ -0.14   (-0.30 %)
Net Assets (Cr) ₹1,068 on 31 Dec 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio 0.76
Information Ratio -0.14
Alpha Ratio 3.49
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,148
31 Dec 16₹10,905
31 Dec 17₹14,587
31 Dec 18₹14,032
31 Dec 19₹15,809

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 ₹376,357.
Net Profit of ₹76,357
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 22 Jan 20

DurationReturns
1 Month 2.8%
3 Month 8.1%
6 Month 10.4%
1 Year 16.5%
3 Year 12.5%
5 Year 8.8%
10 Year
15 Year
Since launch 11.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 12.7%
2017 -3.8%
2016 33.8%
2015 7.5%
2014 1.5%
2013 56.6%
2012 -6.3%
2011 36.2%
2010 -26%
2009 19.9%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

Data below for Kotak Tax Saver Scheme as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services28.31%
Industrials18.69%
Basic Materials18.52%
Energy8.15%
Technology6.84%
Consumer Cyclical6.22%
Consumer Defensive5.99%
Utility3.43%
Health Care2.17%
Asset Allocation
Asset ClassValue
Cash1.63%
Equity98.32%
Other0.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹72 Cr464,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹72 Cr1,400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹61 Cr480,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹57 Cr775,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹40 Cr45,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹34 Cr105,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
3%₹33 Cr250,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹33 Cr400,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
3%₹31 Cr150,000
↓ -20,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
3%₹28 Cr400,000

8. HDFC Long Term Advantage Fund

To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments

HDFC Long Term Advantage Fund is a Equity - ELSS fund was launched on 2 Jan 01. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 21% since its launch.  Ranked 23 in ELSS category.  Return for 2019 was 10.1% , 2018 was -3.9% and 2017 was 36.2% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (22 Jan 20) ₹375.629 ↓ -2.05   (-0.54 %)
Net Assets (Cr) ₹1,399 on 31 Dec 19
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 0.56
Information Ratio -0.9
Alpha Ratio -6.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹9,760
31 Dec 16₹11,030
31 Dec 17₹15,023
31 Dec 18₹14,437
31 Dec 19₹15,896

HDFC Long Term 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

Purchase not allowed

Returns for HDFC Long Term 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 22 Jan 20

DurationReturns
1 Month -0.5%
3 Month 5.9%
6 Month 5.2%
1 Year 9.6%
3 Year 12.1%
5 Year 8.8%
10 Year
15 Year
Since launch 21%
Historical performance (Yearly) on absolute basis
YearReturns
2018 10.1%
2017 -3.9%
2016 36.2%
2015 13%
2014 -2.4%
2013 44.7%
2012 11%
2011 28.8%
2010 -23.5%
2009 28.4%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0712.51 Yr.

Data below for HDFC Long Term Advantage Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services35.32%
Industrials18.55%
Energy13.48%
Technology10.37%
Basic Materials5.49%
Consumer Defensive5.07%
Consumer Cyclical2.16%
Utility2.1%
Communication Services1.64%
Health Care1.62%
Asset Allocation
Asset ClassValue
Cash4.21%
Equity95.79%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹138 Cr2,690,000
↓ -160,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
10%₹137 Cr1,078,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
10%₹136 Cr875,000
↓ -57,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹101 Cr1,453,908
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
7%₹92 Cr400,000
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
6%₹89 Cr2,600,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹81 Cr607,500
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
5%₹70 Cr2,822,910
Treps - Tri-Party Repo
CBLO/Reverse Repo | -
4%₹57 Cr
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 500547
4%₹51 Cr1,000,000

9. 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 2019 was 9.4% , 2018 was -1.3% and 2017 was 35.7% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (22 Jan 20) ₹54.09 ↓ -0.19   (-0.35 %)
Net Assets (Cr) ₹988 on 31 Dec 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio 0.5
Information Ratio -0.34
Alpha Ratio -1.4
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,581
31 Dec 16₹10,943
31 Dec 17₹14,855
31 Dec 18₹14,669
31 Dec 19₹16,053

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 ₹385,859.
Net Profit of ₹85,859
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 22 Jan 20

DurationReturns
1 Month 0.7%
3 Month 4.5%
6 Month 10.6%
1 Year 11.5%
3 Year 13%
5 Year 9.3%
10 Year
15 Year
Since launch 13.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 9.4%
2017 -1.3%
2016 35.7%
2015 3.4%
2014 5.8%
2013 54.3%
2012 10.1%
2011 30.3%
2010 -18.9%
2009 22.1%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 181.59 Yr.
Dhimant Kothari29 Mar 181.59 Yr.

Data below for Invesco India Tax Plan as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services36.4%
Consumer Defensive10.43%
Energy9.78%
Industrials9.3%
Technology8.4%
Consumer Cyclical7.11%
Health Care5.83%
Basic Materials5.35%
Utility2.3%
Communication Services1.74%
Asset Allocation
Asset ClassValue
Cash3.36%
Equity96.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹86 Cr678,130
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
9%₹86 Cr553,507
↑ 31,307
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹80 Cr1,551,916
↑ 130,252
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹66 Cr289,121
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS
5%₹46 Cr224,486
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC
4%₹40 Cr1,615,672
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
4%₹39 Cr292,256
Triparty Repo
CBLO/Reverse Repo | -
4%₹34 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹34 Cr212,897
↑ 29,125
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
3%₹30 Cr149,509

10. Sundaram Diversified Equity Fund

To achieve capital appreciation by investing predominantly in equities and equity-related instruments. A three-year lock-in period shall apply in line with the regulation for ELSS schemes.

Sundaram Diversified Equity Fund is a Equity - ELSS fund was launched on 22 Nov 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.2% since its launch.  Ranked 14 in ELSS category.  Return for 2019 was 6.2% , 2018 was -10.6% and 2017 was 38.4% .

Below is the key information for Sundaram Diversified Equity Fund

Sundaram Diversified Equity Fund
Growth
Launch Date 22 Nov 99
NAV (22 Jan 20) ₹104.132 ↓ -0.30   (-0.28 %)
Net Assets (Cr) ₹2,578 on 31 Dec 19
Category Equity - ELSS
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.23
Sharpe Ratio 0.26
Information Ratio -0.97
Alpha Ratio -4.8
Min Investment 500
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,312
31 Dec 16₹11,017
31 Dec 17₹15,252
31 Dec 18₹13,633
31 Dec 19₹14,474

Sundaram Diversified 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 ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Sundaram Diversified 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 22 Jan 20

DurationReturns
1 Month 0.9%
3 Month 4.1%
6 Month 8.2%
1 Year 9.6%
3 Year 8.5%
5 Year 7%
10 Year
15 Year
Since launch 16.2%
Historical performance (Yearly) on absolute basis
YearReturns
2018 6.2%
2017 -10.6%
2016 38.4%
2015 6.8%
2014 3.1%
2013 45.7%
2012 1.4%
2011 34.5%
2010 -25.4%
2009 13.1%
Fund Manager information for Sundaram Diversified Equity Fund
NameSinceTenure
S Krishnakumar1 Apr 154.67 Yr.
Dwijendra Srivastava30 Dec 171.92 Yr.
Rohit Seksaria30 Dec 171.92 Yr.

Data below for Sundaram Diversified Equity Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Financial Services36.51%
Industrials15.97%
Consumer Cyclical8.68%
Consumer Defensive8.24%
Energy7.58%
Basic Materials7.3%
Technology6.22%
Communication Services4.16%
Health Care1.51%
Asset Allocation
Asset ClassValue
Cash3.82%
Equity96.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK
7%₹197 Cr3,839,029
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 12 | RELIANCE
6%₹171 Cr1,099,829
↑ 124,829
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
6%₹161 Cr1,260,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 19 | HDFC
4%₹109 Cr472,812
↑ 66,527
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
4%₹107 Cr1,448,372
↑ 131,957
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
4%₹105 Cr792,788
Reverse Repo
CBLO/Reverse Repo | -
3%₹91 Cr
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 12 | 500034
3%₹84 Cr205,804
↑ 13,284
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 17 | 540716
3%₹77 Cr562,791
SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 17 | 540719
3%₹73 Cr763,254
↑ 200,476

11. 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 2019 was 5.7% , 2018 was -1.7% and 2017 was 35.3% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (22 Jan 20) ₹28.52 ↓ -0.04   (-0.14 %)
Net Assets (Cr) ₹576 on 31 Dec 19
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.53
Sharpe Ratio 0.22
Information Ratio -0.3
Alpha Ratio -3.93
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,308
31 Dec 16₹10,303
31 Dec 17₹13,943
31 Dec 18₹13,701
31 Dec 19₹14,482

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 ₹357,992.
Net Profit of ₹57,992
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 22 Jan 20

DurationReturns
1 Month 2.2%
3 Month 2.7%
6 Month 16.2%
1 Year 11.5%
3 Year 11.3%
5 Year 6.4%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2018 5.7%
2017 -1.7%
2016 35.3%
2015 0%
2014 3.1%
2013 71.2%
2012
2011
2010
2009
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Uma Venkatraman1 Jul 181.33 Yr.

Data below for IDBI Equity Advantage Fund as on 31 Dec 19

Equity Sector Allocation
SectorValue
Consumer Cyclical28.28%
Consumer Defensive20.3%
Financial Services20.08%
Basic Materials10.58%
Industrials8.76%
Health Care4.26%
Energy1.42%
Asset Allocation
Asset ClassValue
Cash6.33%
Equity93.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
7%₹39 Cr3,885,023
↓ -1,292,819
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
6%₹37 Cr86,262
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
6%₹33 Cr1,067,825
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
6%₹32 Cr671,959
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
5%₹32 Cr242,235
Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500043
5%₹31 Cr190,489
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
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
5%₹27 Cr159,407
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
4%₹26 Cr11,670


ELSS SIP Calculator

Know Your SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹720,000
expected amount after 5 Years is ₹1,074,189.
Net Profit of ₹354,189
Invest Now

Investment Modes in ELSS

SIP (Systematic Investment Plan) in ELSS

One can choose SIP as an investment mode for invest in Tax Saving Mutual Funds (ELSS) as certain amount is invested every month.

As shown in sample below-

Month Amount Mode
April 12,500 SIP May 12,500 SIP
June 12,500 SIP July 12,500 SIP
August 12,500 SIP September 12,500 SIP
October 12,500 SIP November 12,500 SIP
December 12,500 SIP January 12,500 SIP
Feburary 12,500 SIP March 12,500 SIP
Total 1,50,000

While investing through SIP method SIP benefits of Rupee Cost averaging are reaped as it scatter purchases every month and invest is made at an average price rather than at particular price which might be the case with Lumpsum Investments.

Lumpsum Investment in ELSS

As one might be saving in other tax saving intruments like ULIP, NSC, PF/EPF, insurance (under Sector 80c) one can decide whatever amount is needed to save tax after deducting other instruments and invest as Lumpsum purchases over the year or one time near end of Financial Year (Jan - Mar).

Tips to Invest in Best Tax Saving ELSS Funds

  • Invest in best ELSS Funds via a SIP (Systematic Investment Plan) in the beginning of the financial year (i.e. in April) and not when the financial year is ending.

  • Choose an ELSS Mutual Fund carefully among the list of best ELSS Funds, and invest in the same for a year instead of jumping to other tax saving ELSS funds every year.

  • Good ELSS returns can be achieved when invested for 5-7 years, so it is suggested not to pull out money once your lock-in ends after 3 years. Try holding it for a longer duration to earn better returns.

  • If you are a risk-averse investor and want a less-volatile fund, consider investing in a large-cap Mutual Fund.

How to Invest in ELSS Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Kruti, posted on 23 Nov 18 9:57 PM

Nice article. Highly recommended for guys who are looking to save tax under section 80c.

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