fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
5 Best Performing ELSS Mutual Funds SIP 2021 for Tax Savings u/s 80c

Fincash » Mutual Funds » Best ELSS Funds SIP

Best ELSS Mutual Funds for SIP Investment in 2021

Updated on January 15, 2021 , 1351 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. Moreover, the ELSS Mutual Funds are open-ended & offer 2 modes of investments

  1. Lump sum Investment
  2. SIP (Systematic Investment plan) Investment

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 5 Best Performing ELSS Mutual Funds SIP FY 21 - 22

1. 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 17.4% since its launch.  Ranked 3 in ELSS category.  Return for 2020 was 18.7% , 2019 was 1.9% and 2018 was -9.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (15 Jan 21) ₹69.41 ↓ -0.58   (-0.83 %)
Net Assets (Cr) ₹2,512 on 30 Nov 20
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.68
Sharpe Ratio 0.33
Information Ratio -0.91
Alpha Ratio 0.68
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,042
31 Dec 17₹15,399
31 Dec 18₹13,951
31 Dec 19₹14,223
31 Dec 20₹16,883

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 ₹436,710.
Net Profit of ₹136,710
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 15 Jan 21

DurationReturns
1 Month 8.4%
3 Month 29.4%
6 Month 44.6%
1 Year 22.4%
3 Year 4%
5 Year 14.1%
10 Year
15 Year
Since launch 17.4%
Historical performance (Yearly) on absolute basis
YearReturns
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%
2012 36.2%
2011 -23.3%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 164.2 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services20.24%
Consumer Cyclical15.29%
Technology14.34%
Industrials14.05%
Basic Materials11.51%
Health Care9.29%
Energy5.35%
Consumer Defensive4.2%
Communication Services3.42%
Utility0.28%
Asset Allocation
Asset ClassValue
Cash2.02%
Equity97.97%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹193 Cr3,600,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
7%₹176 Cr1,400,000
↑ 50,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹115 Cr800,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹109 Cr550,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹94 Cr1,000,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹92 Cr1,800,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
3%₹74 Cr2,700,000
Mastek Ltd (Technology)
Equity, Since 31 Jan 17 | 523704
3%₹69 Cr610,000
↓ -27,500
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹66 Cr1,800,000
Birlasoft Ltd (Technology)
Equity, Since 31 Jul 17 | 532400
2%₹64 Cr2,600,000
↓ -100,000

2. 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 13.8% since its launch.  Ranked 1 in ELSS category.  Return for 2020 was 11.9% , 2019 was 13.6% and 2018 was -8.4% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (15 Jan 21) ₹22.3996 ↓ -0.25   (-1.08 %)
Net Assets (Cr) ₹2,342 on 30 Nov 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 0.18
Information Ratio -1.04
Alpha Ratio -4.25
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,214
31 Dec 17₹14,913
31 Dec 18₹13,663
31 Dec 19₹15,520
31 Dec 20₹17,364

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 ₹436,710.
Net Profit of ₹136,710
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 15 Jan 21

DurationReturns
1 Month 7.1%
3 Month 23.8%
6 Month 36.6%
1 Year 14.6%
3 Year 6%
5 Year 14.2%
10 Year
15 Year
Since launch 13.8%
Historical performance (Yearly) on absolute basis
YearReturns
2020 11.9%
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
2012
2011
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Rupesh Patel1 Apr 155.76 Yr.
Ennette Fernandes18 Jun 182.54 Yr.

Data below for Tata India Tax Savings Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services35.17%
Technology12.57%
Energy11.43%
Health Care10.78%
Consumer Cyclical9.28%
Industrials6.98%
Basic Materials5.52%
Communication Services4.73%
Consumer Defensive1.51%
Real Estate0.73%
Asset Allocation
Asset ClassValue
Cash1.3%
Equity98.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
10%₹237 Cr1,890,000
↓ -80,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹219 Cr4,100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
9%₹215 Cr1,500,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
9%₹212 Cr1,070,000
↓ -130,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹146 Cr5,325,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
5%₹120 Cr470,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
5%₹117 Cr2,300,000
↑ 200,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹99 Cr1,600,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 17 | DIVISLAB
3%₹73 Cr190,000
↓ -10,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
3%₹72 Cr360,000

3. 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 15.9% since its launch.  Ranked 8 in ELSS category.  Return for 2020 was 18.9% , 2019 was 2.5% and 2018 was -9.2% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (15 Jan 21) ₹256.6 ↓ -2.84   (-1.09 %)
Net Assets (Cr) ₹453 on 30 Nov 20
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 0.34
Information Ratio -1.33
Alpha Ratio 0.32
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,619
31 Dec 17₹15,801
31 Dec 18₹14,348
31 Dec 19₹14,703
31 Dec 20₹17,481

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 ₹436,710.
Net Profit of ₹136,710
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 15 Jan 21

DurationReturns
1 Month 6.9%
3 Month 27%
6 Month 37.1%
1 Year 21%
3 Year 3.4%
5 Year 14.6%
10 Year
15 Year
Since launch 15.9%
Historical performance (Yearly) on absolute basis
YearReturns
2020 18.9%
2019 2.5%
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
2013 8.5%
2012 46.5%
2011 -30.4%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 191.18 Yr.

Data below for Principal Tax Savings Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services36.51%
Technology11.27%
Health Care9.37%
Industrials9.34%
Consumer Defensive8.44%
Energy6.69%
Consumer Cyclical5.84%
Basic Materials5.21%
Communication Services3.04%
Utility2.33%
Asset Allocation
Asset ClassValue
Cash0.32%
Equity99.68%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹48 Cr893,418
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
8%₹41 Cr286,001
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
5%₹24 Cr190,534
↑ 12,970
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
4%₹20 Cr98,359
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
4%₹19 Cr144,140
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹17 Cr624,330
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹17 Cr84,321
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹16 Cr54,301
↓ -5,080
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 18 | BHARTIARTL
3%₹15 Cr289,755
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
3%₹14 Cr230,175

4. DSP BlackRock Tax Saver Fund

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 CAGR/Annualized return of 14% since its launch.  Ranked 12 in ELSS category.  Return for 2020 was 15% , 2019 was 14.8% and 2018 was -7.6% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (15 Jan 21) ₹62.398 ↓ -0.70   (-1.12 %)
Net Assets (Cr) ₹7,015 on 30 Nov 20
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.91
Sharpe Ratio 0.26
Information Ratio -0.28
Alpha Ratio -2.49
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,127
31 Dec 17₹15,166
31 Dec 18₹14,007
31 Dec 19₹16,084
31 Dec 20₹18,505

DSP BlackRock 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 DSP BlackRock 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 15 Jan 21

DurationReturns
1 Month 7.5%
3 Month 28.2%
6 Month 36.7%
1 Year 18.6%
3 Year 8.1%
5 Year 15.4%
10 Year
15 Year
Since launch 14%
Historical performance (Yearly) on absolute basis
YearReturns
2020 15%
2019 14.8%
2018 -7.6%
2017 36.3%
2016 11.3%
2015 4.4%
2014 52.2%
2013 6.7%
2012 39.8%
2011 -26.7%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 155.47 Yr.
Charanjit Singh1 Jan 210 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services35.11%
Basic Materials12.56%
Technology9.34%
Health Care8.82%
Consumer Cyclical7.35%
Industrials6.53%
Consumer Defensive5.92%
Communication Services5.69%
Utility3.85%
Energy3.75%
Asset Allocation
Asset ClassValue
Cash1.08%
Equity98.92%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹648 Cr12,112,336
↓ -580,715
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
8%₹599 Cr4,770,893
↑ 124,101
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹569 Cr3,963,238
↓ -536,438
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
6%₹423 Cr8,291,940
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹288 Cr10,473,572
↓ -572,016
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
3%₹228 Cr3,672,716
↑ 300,344
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 500696
3%₹224 Cr935,401
↑ 164,818
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | 500124
3%₹194 Cr371,838
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 20 | HDFC
2%₹180 Cr704,585
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
2%₹168 Cr316,876

5. Aditya Birla Sun Life Tax Relief '96

An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities

Aditya Birla Sun Life Tax Relief '96 is a Equity - ELSS fund was launched on 6 Mar 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.9% since its launch.  Ranked 4 in ELSS category.  Return for 2020 was 15.2% , 2019 was 4.3% and 2018 was -4.5% .

Below is the key information for Aditya Birla Sun Life Tax Relief '96

Aditya Birla Sun Life Tax Relief '96
Growth
Launch Date 6 Mar 08
NAV (15 Jan 21) ₹37.75 ↓ -0.55   (-1.44 %)
Net Assets (Cr) ₹12,118 on 30 Nov 20
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.94
Sharpe Ratio 0.22
Information Ratio -0.65
Alpha Ratio -2.77
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,338
31 Dec 17₹14,801
31 Dec 18₹14,129
31 Dec 19₹14,733
31 Dec 20₹16,973

Aditya Birla Sun Life Tax Relief '96 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Aditya Birla Sun Life Tax Relief '96

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 21

DurationReturns
1 Month 5.9%
3 Month 18.8%
6 Month 27.4%
1 Year 15.3%
3 Year 5.2%
5 Year 12.9%
10 Year
15 Year
Since launch 10.9%
Historical performance (Yearly) on absolute basis
YearReturns
2020 15.2%
2019 4.3%
2018 -4.5%
2017 43.2%
2016 3.4%
2015 9.2%
2014 54.6%
2013 9.1%
2012 36.6%
2011 -29.6%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0614.26 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services27.59%
Health Care16.48%
Industrials14.99%
Basic Materials12.69%
Consumer Cyclical8.65%
Consumer Defensive7.08%
Technology5.56%
Energy2.94%
Asset Allocation
Asset ClassValue
Cash0.29%
Equity99.71%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
10%₹1,261 Cr4,929,675
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
9%₹1,129 Cr304,274
↑ 751
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
7%₹958 Cr1,875,510
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
7%₹882 Cr4,418,245
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
6%₹768 Cr1,411,785
↑ 28,900
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
5%₹609 Cr3,749,104
↑ 93,550
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
4%₹533 Cr921,509
↑ 12,300
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹513 Cr3,986,414
↑ 17,550
Reliance Industries Limited
Equity, Since 30 Jun 20 | -
4%₹487 Cr4,359,784
↑ 67,044
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
4%₹480 Cr8,967,669

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 ?
Rated 4.5, based on 2 reviews.
POST A COMMENT