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5 Best Performing ELSS Mutual Funds SIP 2019 for Tax Savings u/s 80c

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Best ELSS Mutual Funds for SIP Investment in 2019

Updated on November 11, 2019 , 437 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

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Top 5 Best Performing ELSS Mutual Funds SIP FY 19 - 20

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 2018 was -8.4% , 2017 was 46% and 2016 was 2.1% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (14 Nov 19) ₹18.7997 ↑ 0.09   (0.50 %)
Net Assets (Cr) ₹1,919 on 30 Sep 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 0.65
Information Ratio -0.42
Alpha Ratio 3.84
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,574
31 Oct 16₹13,481
31 Oct 17₹16,728
31 Oct 18₹15,426
31 Oct 19₹18,184

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 ₹415,684.
Net Profit of ₹115,684
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 14 Nov 19

DurationReturns
1 Month 5%
3 Month 8.2%
6 Month 8.2%
1 Year 14.7%
3 Year 12.2%
5 Year 12.1%
10 Year
15 Year
Since launch 13.2%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rupesh Patel1 Apr 154.59 Yr.
Ennette Fernandes18 Jun 181.37 Yr.

Data below for Tata India Tax Savings Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services42.62%
Industrials10.11%
Technology9.79%
Energy9.28%
Consumer Cyclical9.14%
Health Care5.95%
Basic Materials3.58%
Consumer Defensive3.2%
Communication Services2.03%
Real Estate0.84%
Asset Allocation
Asset ClassValue
Cash0.86%
Equity96.54%
Other2.61%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
10%₹184 Cr4,241,000
↑ 226,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹157 Cr1,282,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
7%₹135 Cr1,680,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹103 Cr1,500,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹102 Cr3,750,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
5%₹97 Cr730,000
↑ 230,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹81 Cr495,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹67 Cr340,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 16 | 500034
3%₹61 Cr150,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹52 Cr250,000

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 16.7% since its launch.  Ranked 3 in ELSS category.  Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (14 Nov 19) ₹53.81 ↓ -0.10   (-0.19 %)
Net Assets (Cr) ₹1,994 on 30 Sep 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.22
Sharpe Ratio -0.2
Information Ratio -0.29
Alpha Ratio -5.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,081
31 Oct 16₹12,506
31 Oct 17₹16,345
31 Oct 18₹15,308
31 Oct 19₹15,924

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 14 Nov 19

DurationReturns
1 Month 4.3%
3 Month 5%
6 Month -0.1%
1 Year 1.2%
3 Year 9.7%
5 Year 8.8%
10 Year
15 Year
Since launch 16.7%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Daylynn Pinto20 Oct 162.61 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services27.74%
Industrials17.01%
Consumer Cyclical13.49%
Basic Materials12.45%
Technology6.92%
Energy6.22%
Consumer Defensive4.21%
Health Care4.14%
Utility1.55%
Asset Allocation
Asset ClassValue
Cash4.81%
Equity95.18%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹143 Cr3,300,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹99 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹83 Cr680,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹75 Cr1,100,000
↑ 25,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹68 Cr2,500,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
3%₹67 Cr500,000
↓ -50,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
3%₹64 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹52 Cr1,360,000
↑ 30,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT
2%₹47 Cr320,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
2%₹44 Cr1,350,000
↑ 250,000

3. 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 13.5% since its launch.  Ranked 12 in ELSS category.  Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (14 Nov 19) ₹50.608 ↓ -0.67   (-1.31 %)
Net Assets (Cr) ₹5,841 on 30 Sep 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio 0.65
Information Ratio -0.12
Alpha Ratio 7.84
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,726
31 Oct 16₹13,047
31 Oct 17₹15,658
31 Oct 18₹14,393
31 Oct 19₹17,164

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 ₹395,578.
Net Profit of ₹95,578
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 14 Nov 19

DurationReturns
1 Month 3.9%
3 Month 8.9%
6 Month 9.8%
1 Year 15.8%
3 Year 10.7%
5 Year 10.8%
10 Year
15 Year
Since launch 13.5%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rohit Singhania16 Jul 153.55 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services35.98%
Energy9.85%
Industrials9.44%
Basic Materials9%
Technology7.22%
Health Care6.9%
Consumer Cyclical5.46%
Consumer Defensive4.41%
Utility3.44%
Communication Services2.32%
Real Estate0.46%
Asset Allocation
Asset ClassValue
Cash5.51%
Equity94.49%
Debt0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
9%₹540 Cr4,389,849
↓ -143,434
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
8%₹505 Cr10,916,165
↓ -1,993,054
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹258 Cr3,502,207
↓ -762,763
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
4%₹243 Cr1,657,484
↓ -330,898
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹233 Cr3,400,402
↑ 2,073,797
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹186 Cr1,260,052
↓ -163,234
State Bank of India (Financial Services)
Equity, Since 30 Sep 19 | SBIN
3%₹180 Cr5,752,031
↑ 3,765,817
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
3%₹162 Cr4,317,005
↑ 631,575
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹158 Cr873,807
↓ -17,087
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
3%₹156 Cr

4. 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 10.3% since its launch.  Ranked 4 in ELSS category.  Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% .

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 (14 Nov 19) ₹31.41 ↓ -0.13   (-0.41 %)
Net Assets (Cr) ₹9,129 on 30 Sep 19
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio -0.29
Information Ratio -0.39
Alpha Ratio -6.12
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,636
31 Oct 16₹13,315
31 Oct 17₹16,489
31 Oct 18₹15,821
31 Oct 19₹17,451

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 ₹395,578.
Net Profit of ₹95,578
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 14 Nov 19

DurationReturns
1 Month 4.5%
3 Month 8.4%
6 Month 4.6%
1 Year 6.1%
3 Year 10.8%
5 Year 10.5%
10 Year
15 Year
Since launch 10.3%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Ajay Garg1 Oct 0612.84 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Sep 19

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Cash2.95%
Equity97.05%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
9%₹881 Cr6,012,936
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
8%₹818 Cr291,315
↑ 10,197
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
8%₹751 Cr3,522,583
↑ 242,463
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹711 Cr878,672
↑ 1,239
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
7%₹659 Cr1,623,958
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
5%₹514 Cr3,093,350
↑ 57,275
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
4%₹435 Cr1,211,346
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹413 Cr2,626,017
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹397 Cr2,693,268
Clearing Corporation Of India Limited
CBLO | -
3%₹335 Cr

5. 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 2018 was -9.2% , 2017 was 48.8% and 2016 was 6.2% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (14 Nov 19) ₹202.78 ↓ -0.20   (-0.10 %)
Net Assets (Cr) ₹389 on 30 Sep 19
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.29
Information Ratio -0.5
Alpha Ratio -4.81
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,343
31 Oct 16₹12,177
31 Oct 17₹15,858
31 Oct 18₹14,483
31 Oct 19₹15,041

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 14 Nov 19

DurationReturns
1 Month 4.2%
3 Month 5.5%
6 Month 2.3%
1 Year 2%
3 Year 9.1%
5 Year 7.9%
10 Year
15 Year
Since launch 15.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
2013 8.5%
2012 46.5%
2011 -30.4%
2010 15%
2009 64.7%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 190 Yr.

Data below for Principal Tax Savings Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services32.09%
Basic Materials14.21%
Consumer Defensive11.78%
Technology8.44%
Industrials7.57%
Utility5.44%
Energy4.6%
Consumer Cyclical4.5%
Health Care4.24%
Communication Services1.96%
Asset Allocation
Asset ClassValue
Cash5.08%
Equity94.91%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
6%₹22 Cr182,668
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹22 Cr509,143
Treps 01-Oct-2019
CBLO/Reverse Repo | -
5%₹19 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
5%₹18 Cr134,452
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
4%₹15 Cr89,915
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹13 Cr61,940
↓ -4,100
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹13 Cr479,851
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹12 Cr455,396
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
3%₹11 Cr77,262
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
3%₹11 Cr136,594

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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