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Best ELSS Mutual Funds for SIP Investment in 2019
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
- Lump sum Investment
- SIP (Systematic Investment plan) Investment
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Top 5 Best Performing ELSS Mutual Funds SIP FY 19 - 20
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 Below is the key information for Tata India Tax Savings Fund Returns up to 1 year are on 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 Below is the key information for IDFC Tax Advantage (ELSS) Fund 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 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 Below is the key information for L&T Tax Advantage Fund Returns up to 1 year are on 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 Below is the key information for Aditya Birla Sun Life Tax Relief '96 Returns up to 1 year are on 1. Tata India Tax Savings Fund
CAGR/Annualized return of 11.6% since its launch. Ranked 1 in ELSS category. Return for 2018 was -8.4% , 2017 was 46% and 2016 was 2.1% . Tata India Tax Savings Fund
Growth Launch Date 13 Oct 14 NAV (23 Aug 19) ₹17.0456 ↑ 0.09 (0.50 %) Net Assets (Cr) ₹1,807 on 31 Jul 19 Category Equity - ELSS AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.61 Sharpe Ratio -0.13 Information Ratio -0.3 Alpha Ratio -0.48 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jul 15 ₹11,807 31 Jul 16 ₹13,072 31 Jul 17 ₹15,988 31 Jul 18 ₹16,984 31 Jul 19 ₹16,911 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Aug 19 Duration Returns 1 Month -4.6% 3 Month -6.7% 6 Month 2% 1 Year -5.6% 3 Year 7.6% 5 Year 10 Year 15 Year Since launch 11.6% Historical performance (Yearly) on absolute basis
Year Returns 2018 -8.4% 2017 46% 2016 2.1% 2015 13.3% 2014 2013 2012 2011 2010 2009 Fund Manager information for Tata India Tax Savings Fund
Name Since Tenure Rupesh Patel 1 Apr 15 3.84 Yr. Ennette Fernandes 18 Jun 18 0.62 Yr. Data below for Tata India Tax Savings Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 42.22% Technology 10.43% Industrials 9.9% Consumer Cyclical 9.39% Consumer Defensive 7.05% Health Care 6.3% Energy 4.99% Basic Materials 2.56% Real Estate 0.72% Asset Allocation
Asset Class Value Cash 6.43% Equity 93.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK9% ₹170 Cr 4,015,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY7% ₹133 Cr 1,680,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK7% ₹126 Cr 560,000 A) Repo
CBLO/Reverse Repo | -6% ₹111 Cr State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN6% ₹103 Cr 3,100,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322156% ₹101 Cr 1,500,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK4% ₹75 Cr 495,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC4% ₹72 Cr 340,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE3% ₹58 Cr 500,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹55 Cr 250,000 2. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized return of 16.2% since its launch. Ranked 3 in ELSS category. Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (23 Aug 19) ₹49.75 ↑ 0.28 (0.57 %) Net Assets (Cr) ₹1,902 on 31 Jul 19 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.74 Sharpe Ratio -0.64 Information Ratio -0.23 Alpha Ratio -4.63 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jul 14 ₹10,000 31 Jul 15 ₹13,223 31 Jul 16 ₹13,113 31 Jul 17 ₹16,562 31 Jul 18 ₹18,211 31 Jul 19 ₹16,511 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Aug 19 Duration Returns 1 Month -6.8% 3 Month -10.9% 6 Month -2.7% 1 Year -14.4% 3 Year 6.5% 5 Year 8.8% 10 Year 15 Year Since launch 16.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 -9.4% 2017 53.4% 2016 0.4% 2015 6.9% 2014 42.2% 2013 15% 2012 36.2% 2011 -23.3% 2010 24% 2009 70.8% Fund Manager information for IDFC Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 2.61 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 29.19% Industrials 14.52% Basic Materials 13.41% Consumer Cyclical 12.84% Technology 7.84% Energy 5.95% Health Care 4.94% Consumer Defensive 4.63% Utility 1.64% Communication Services 0.35% Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK7% ₹140 Cr 3,300,000
↓ -50,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN4% ₹83 Cr 2,500,000
↓ -300,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹77 Cr 340,000
↓ -10,000 Triparty Repo
CBLO/Reverse Repo | -4% ₹73 Cr Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 5322154% ₹72 Cr 1,075,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE3% ₹64 Cr 550,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹63 Cr 800,000 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹54 Cr 1,320,000
↑ 35,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT2% ₹44 Cr 320,000
↑ 20,000 RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK2% ₹41 Cr 1,025,000
↑ 125,000 3. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 12.8% since its launch. Ranked 12 in ELSS category. Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (23 Aug 19) ₹45.819 ↑ 0.15 (0.32 %) Net Assets (Cr) ₹5,434 on 31 Jul 19 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.47 Sharpe Ratio -0.21 Information Ratio -0.13 Alpha Ratio 4.25 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jul 14 ₹10,000 31 Jul 15 ₹12,547 31 Jul 16 ₹13,778 31 Jul 17 ₹16,669 31 Jul 18 ₹17,634 31 Jul 19 ₹17,404 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Aug 19 Duration Returns 1 Month -2.6% 3 Month -4.8% 6 Month 4.5% 1 Year -4.7% 3 Year 7.2% 5 Year 10.4% 10 Year 15 Year Since launch 12.8% Historical performance (Yearly) on absolute basis
Year Returns 2018 -7.6% 2017 36.3% 2016 11.3% 2015 4.4% 2014 52.2% 2013 6.7% 2012 39.8% 2011 -26.7% 2010 23.3% 2009 84.2% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 3.55 Yr. Data below for DSP BlackRock Tax Saver Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 36.42% Basic Materials 10% Technology 9.08% Consumer Defensive 8.06% Industrials 8.04% Health Care 7.03% Consumer Cyclical 5.95% Energy 3.27% Utility 2.89% Communication Services 1.5% Real Estate 0.55% Asset Allocation
Asset Class Value Cash 7.21% Equity 92.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK9% ₹516 Cr 12,145,076
↑ 689,423 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK7% ₹361 Cr 1,603,762
↓ -322,394 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -6% ₹314 Cr Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322156% ₹300 Cr 4,451,500
↓ -630,289 Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 5008203% ₹185 Cr 1,217,529 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK3% ₹181 Cr 1,189,291
↑ 72,854 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT3% ₹152 Cr 1,096,888
↑ 18,662 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 May 19 | INDUSINDBK2% ₹133 Cr 943,052
↓ -1,336,899,160 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY2% ₹126 Cr 1,586,804
↓ -649,060 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH2% ₹124 Cr 1,203,216
↓ -228,794 4. L&T Tax Advantage Fund
CAGR/Annualized return of 12.6% since its launch. Ranked 7 in ELSS category. Return for 2018 was -8.1% , 2017 was 42.3% and 2016 was 8.1% . L&T Tax Advantage Fund
Growth Launch Date 27 Feb 06 NAV (23 Aug 19) ₹49.69 ↑ 0.35 (0.70 %) Net Assets (Cr) ₹3,186 on 31 Jul 19 Category Equity - ELSS AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.61 Sharpe Ratio -0.87 Information Ratio -0.45 Alpha Ratio -7.34 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jul 14 ₹10,000 31 Jul 15 ₹12,538 31 Jul 16 ₹13,070 31 Jul 17 ₹16,486 31 Jul 18 ₹17,903 31 Jul 19 ₹16,108 Returns for L&T Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Aug 19 Duration Returns 1 Month -3.9% 3 Month -6.7% 6 Month 0.3% 1 Year -12.9% 3 Year 6.7% 5 Year 8.6% 10 Year 15 Year Since launch 12.6% Historical performance (Yearly) on absolute basis
Year Returns 2018 -8.1% 2017 42.3% 2016 8.1% 2015 2.9% 2014 44.8% 2013 6.8% 2012 27.4% 2011 -21.8% 2010 29.2% 2009 86.7% Fund Manager information for L&T Tax Advantage Fund
Name Since Tenure S.N. Lahiri 24 Nov 12 6.19 Yr. Data below for L&T Tax Advantage Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 33.57% Technology 13.63% Consumer Cyclical 10.96% Basic Materials 10.65% Industrials 8.38% Health Care 8.06% Consumer Defensive 4.66% Energy 4.39% Communication Services 2.86% Utility 0.77% Asset Allocation
Asset Class Value Cash 2.03% Equity 97.94% Other 0.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK7% ₹220 Cr 5,184,600 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK6% ₹202 Cr 897,300 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS5% ₹173 Cr 785,400 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE4% ₹117 Cr 1,004,100 Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY3% ₹105 Cr 1,327,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT3% ₹104 Cr 753,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK3% ₹100 Cr 660,200 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹98 Cr 2,386,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 19 | SBIN3% ₹98 Cr 2,948,600 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH3% ₹93 Cr 899,700 5. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized return of 9.5% since its launch. Ranked 4 in ELSS category. Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% . Aditya Birla Sun Life Tax Relief '96
Growth Launch Date 6 Mar 08 NAV (23 Aug 19) ₹28.22 ↑ 0.15 (0.53 %) Net Assets (Cr) ₹8,416 on 31 Jul 19 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.42 Sharpe Ratio -0.83 Information Ratio -0.38 Alpha Ratio -6.9 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jul 14 ₹10,000 31 Jul 15 ₹13,535 31 Jul 16 ₹14,274 31 Jul 17 ₹17,282 31 Jul 18 ₹19,516 31 Jul 19 ₹17,512 Returns for Aditya Birla Sun Life Tax Relief '96
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Aug 19 Duration Returns 1 Month -3.8% 3 Month -8.8% 6 Month -5.2% 1 Year -13.6% 3 Year 6.2% 5 Year 10.3% 10 Year 15 Year Since launch 9.5% Historical performance (Yearly) on absolute basis
Year Returns 2018 -4.5% 2017 43.2% 2016 3.4% 2015 9.2% 2014 54.6% 2013 9.1% 2012 36.6% 2011 -29.6% 2010 13.5% 2009 102.8% Fund Manager information for Aditya Birla Sun Life Tax Relief '96
Name Since Tenure Ajay Garg 1 Oct 06 12.84 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 22.79% Consumer Cyclical 15.94% Industrials 12.32% Health Care 11.88% Basic Materials 10.55% Consumer Defensive 9.61% Energy 7.64% Technology 4.87% Asset Allocation
Asset Class Value Cash 4.4% Equity 95.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE8% ₹643 Cr 5,514,756
↑ 104,765 Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 5171748% ₹639 Cr 275,985
↑ 3,794 Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE7% ₹624 Cr 871,425
↑ 14,334 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC6% ₹536 Cr 2,527,405
↑ 151,652 Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER6% ₹489 Cr 1,612,561
↑ 45,911 Clearing Corporation Of India Limited
CBLO | -5% ₹392 Cr Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK4% ₹376 Cr 2,474,141
↑ 174,986 Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 5062854% ₹360 Cr 1,173,598
↑ 7,614 GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 5006604% ₹358 Cr 2,964,525
↑ 61,650 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT4% ₹356 Cr 2,562,781
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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