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11 Best performing Tax Saving (ELSS) Mutual Funds to invest in 2021

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11 Best Tax Saving ELSS Mutual Funds 2021

Updated on September 22, 2021 , 13611 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 21 - 22

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
IDFC Tax Advantage (ELSS) Fund Growth ₹94.89
↓ -0.02
₹3,33911.828.7852017.418.7
Tata India Tax Savings Fund Growth ₹27.9952
↑ 0.01
₹2,88813.52264.119.114.811.9
L&T Tax Advantage Fund Growth ₹80.775
↓ -0.16
₹3,65210.522.359.414.413.513.5
Principal Tax Savings Fund Growth ₹326.39
↓ -1.06
₹58312.625.970.916.814.718.9
BOI AXA Tax Advantage Fund Growth ₹102.79
↓ -0.26
₹51216.532.977.227.22031.2
Kotak Tax Saver Fund Growth ₹70.849
↓ -0.25
₹2,2499.622.263.919.915.314.9
Invesco India Tax Plan Growth ₹83.76
↑ 0.15
₹1,84213.325.763.419.216.319.2
BNP Paribas Long Term Equity Fund (ELSS) Growth ₹60.694
↓ -0.02
₹54510.720.156.820.213.817.8
IDBI Equity Advantage Fund Growth ₹38.88
↑ 0.03
₹54114.524.258.81411.88.4
Sundaram Diversified Equity Fund Growth ₹149.359
↓ -0.23
₹2,340142566.715.311.89.9
HDFC Long Term Advantage Fund Growth ₹561.864
↑ 0.20
₹1,3631225.772.918.315.811.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Sep 21

*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. 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 19.3% 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 (24 Sep 21) ₹94.89 ↓ -0.02   (-0.02 %)
Net Assets (Cr) ₹3,339 on 31 Aug 21
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio 3.28
Information Ratio 0.01
Alpha Ratio 15.08
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,568
31 Aug 18₹14,050
31 Aug 19₹12,018
31 Aug 20₹12,687
31 Aug 21₹21,417

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 ₹470,047.
Net Profit of ₹170,047
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 24 Sep 21

DurationReturns
1 Month 8.5%
3 Month 11.8%
6 Month 28.7%
1 Year 85%
3 Year 20%
5 Year 17.4%
10 Year
15 Year
Since launch 19.3%
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 164.78 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services22.86%
Industrials15.28%
Consumer Cyclical15.16%
Basic Materials14.76%
Technology13.83%
Health Care6.09%
Energy4.58%
Consumer Defensive3.01%
Communication Services2.88%
Asset Allocation
Asset ClassValue
Cash1.53%
Equity98.47%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹246 Cr3,600,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
7%₹225 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹155 Cr3,600,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹136 Cr950,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹126 Cr620,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 18 | RELIANCE
3%₹112 Cr550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹95 Cr1,700,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹88 Cr3,000,000
NCC Ltd (Industrials)
Equity, Since 28 Feb 19 | NCC
2%₹79 Cr9,000,000
↓ -200,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹73 Cr1,700,000

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 16% 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 (24 Sep 21) ₹27.9952 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹2,888 on 31 Aug 21
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.9
Sharpe Ratio 2.7
Information Ratio -0.34
Alpha Ratio 7.93
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,956
31 Aug 18₹13,244
31 Aug 19₹12,573
31 Aug 20₹12,840
31 Aug 21₹19,338

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 24 Sep 21

DurationReturns
1 Month 7.9%
3 Month 13.5%
6 Month 22%
1 Year 64.1%
3 Year 19.1%
5 Year 14.8%
10 Year
15 Year
Since launch 16%
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
Ennette Fernandes18 Jun 183.12 Yr.
Tejas Gutka9 Mar 210.39 Yr.

Data below for Tata India Tax Savings Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services35.47%
Industrials13.41%
Technology10.99%
Consumer Cyclical9.54%
Basic Materials8.71%
Energy7.14%
Health Care6.49%
Communication Services3.05%
Real Estate1.74%
Utility1.48%
Asset Allocation
Asset ClassValue
Cash1.98%
Equity98.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
10%₹266 Cr3,900,000
↓ -200,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
9%₹251 Cr1,560,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
7%₹190 Cr4,400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
6%₹162 Cr1,135,000
↓ -165,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jan 18 | RELIANCE
6%₹153 Cr750,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹115 Cr470,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹110 Cr1,550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
3%₹84 Cr1,500,000
↓ -250,000
Hindalco Industries Ltd Shs Dematerialised (Basic Materials)
Equity, Since 31 May 21 | HINDALCO
2%₹67 Cr1,500,000
Voltas Ltd Shs Dematerialised (Industrials)
Equity, Since 31 May 19 | VOLTAS
2%₹62 Cr590,000

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 14.4% since its launch.  Ranked 7 in ELSS category.  Return for 2020 was 13.5% , 2019 was 4.6% and 2018 was -8.1% .

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

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (24 Sep 21) ₹80.775 ↓ -0.16   (-0.20 %)
Net Assets (Cr) ₹3,652 on 31 Aug 21
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.03
Sharpe Ratio 3.23
Information Ratio -0.84
Alpha Ratio 7.2
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,478
31 Aug 18₹13,719
31 Aug 19₹11,983
31 Aug 20₹12,383
31 Aug 21₹18,696

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 ₹426,080.
Net Profit of ₹126,080
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 24 Sep 21

DurationReturns
1 Month 7.3%
3 Month 10.5%
6 Month 22.3%
1 Year 59.4%
3 Year 14.4%
5 Year 13.5%
10 Year
15 Year
Since launch 14.4%
Historical performance (Yearly) on absolute basis
YearReturns
2020 13.5%
2019 4.6%
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%
2013 6.8%
2012 27.4%
2011 -21.8%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
Vihang Naik17 Dec 191.62 Yr.
Cheenu Gupta2 Jul 210.08 Yr.

Data below for L&T Tax Advantage Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services21.12%
Basic Materials20.42%
Technology15.94%
Consumer Cyclical14.97%
Industrials9.57%
Health Care7.93%
Consumer Defensive4.83%
Real Estate2.29%
Utility0.84%
Asset Allocation
Asset ClassValue
Cash2.09%
Equity97.91%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
6%₹229 Cr1,422,800
↑ 452,500
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
5%₹179 Cr2,616,600
↑ 539,800
State Bank of India (Financial Services)
Equity, Since 31 Jan 19 | SBIN
5%₹168 Cr3,894,300
↑ 1,023,100
K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 31 Jan 15 | 532889
4%₹129 Cr686,900
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
3%₹117 Cr819,900
↑ 176,300
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 28 Feb 19 | JUBLFOOD
3%₹110 Cr292,400
Tata Steel Ltd (Basic Materials)
Equity, Since 29 Feb 20 | TATASTEEL
3%₹108 Cr752,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹107 Cr668,000
↓ -110,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO
3%₹105 Cr138,300
↑ 91,331
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
3%₹100 Cr315,000

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 16.5% 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 (24 Sep 21) ₹326.39 ↓ -1.06   (-0.32 %)
Net Assets (Cr) ₹583 on 31 Aug 21
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.55
Sharpe Ratio 2.94
Information Ratio -0.83
Alpha Ratio 0.01
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,198
31 Aug 18₹13,823
31 Aug 19₹11,947
31 Aug 20₹12,605
31 Aug 21₹19,530

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 24 Sep 21

DurationReturns
1 Month 8.2%
3 Month 12.6%
6 Month 25.9%
1 Year 70.9%
3 Year 16.8%
5 Year 14.7%
10 Year
15 Year
Since launch 16.5%
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 191.76 Yr.

Data below for Principal Tax Savings Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services34.14%
Technology14.28%
Consumer Cyclical12.01%
Industrials8.88%
Consumer Defensive6.81%
Basic Materials5.29%
Health Care5.02%
Communication Services4.87%
Utility1.03%
Real Estate1.02%
Energy0.9%
Asset Allocation
Asset ClassValue
Cash2.69%
Equity97.3%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹45 Cr665,990
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
7%₹40 Cr250,459
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
5%₹30 Cr212,741
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | 542652
4%₹21 Cr112,670
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹17 Cr396,310
Reliance Industries Ltd.
Equity, Since 30 Jun 21 | -
3%₹17 Cr118,720
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 19 | MARUTI
3%₹17 Cr23,703
Tata Steel Ltd (Basic Materials)
Equity, Since 30 Apr 21 | TATASTEEL
3%₹16 Cr111,372
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
3%₹16 Cr219,595
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 18 | BHARTIARTL
3%₹15 Cr269,710

5. 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 20.4% since its launch.  Ranked 13 in ELSS category.  Return for 2020 was 31.2% , 2019 was 14.6% and 2018 was -16.3% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (24 Sep 21) ₹102.79 ↓ -0.26   (-0.25 %)
Net Assets (Cr) ₹512 on 31 Aug 21
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 4.47
Information Ratio 0.69
Alpha Ratio 22.44
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,118
31 Aug 18₹13,858
31 Aug 19₹11,934
31 Aug 20₹14,357
31 Aug 21₹24,318

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 ₹505,644.
Net Profit of ₹205,644
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 24 Sep 21

DurationReturns
1 Month 7.9%
3 Month 16.5%
6 Month 32.9%
1 Year 77.2%
3 Year 27.2%
5 Year 20%
10 Year
15 Year
Since launch 20.4%
Historical performance (Yearly) on absolute basis
YearReturns
2020 31.2%
2019 14.6%
2018 -16.3%
2017 57.7%
2016 -1.2%
2015 2.1%
2014 44%
2013 9.1%
2012 24.8%
2011 -24.1%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 192.05 Yr.

Data below for BOI AXA Tax Advantage Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services23.77%
Basic Materials21.46%
Technology16.22%
Health Care14.72%
Consumer Cyclical9.84%
Consumer Defensive3.49%
Communication Services3.41%
Industrials3.22%
Energy1.75%
Utility1.49%
Asset Allocation
Asset ClassValue
Cash0.63%
Equity99.37%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
5%₹25 Cr361,176
↑ 30,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
4%₹21 Cr145,982
↓ -18,168
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹19 Cr118,505
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
4%₹19 Cr38,259
Laurus Labs Ltd (Healthcare)
Equity, Since 30 Jun 20 | 540222
3%₹15 Cr236,350
↓ -30,000
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
3%₹15 Cr51,325
Coforge Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jul 20 | 532541
3%₹15 Cr28,640
↑ 1,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 500034
3%₹14 Cr22,229
↑ 2,780
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 19 | 532504
2%₹12 Cr31,892
↓ -1,100
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Aug 20 | 506401
2%₹11 Cr54,523
↑ 2,200

6. Kotak Tax Saver Fund

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 Fund 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 13.2% since its launch.  Ranked 19 in ELSS category.  Return for 2020 was 14.9% , 2019 was 12.7% and 2018 was -3.8% .

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund
Growth
Launch Date 23 Nov 05
NAV (24 Sep 21) ₹70.849 ↓ -0.25   (-0.35 %)
Net Assets (Cr) ₹2,249 on 31 Aug 21
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 0
Sharpe Ratio 4.16
Information Ratio 0.37
Alpha Ratio 13.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,730
31 Aug 18₹12,813
31 Aug 19₹12,199
31 Aug 20₹12,820
31 Aug 21₹20,142

Kotak 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 Kotak 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 24 Sep 21

DurationReturns
1 Month 5.3%
3 Month 9.6%
6 Month 22.2%
1 Year 63.9%
3 Year 19.9%
5 Year 15.3%
10 Year
15 Year
Since launch 13.2%
Historical performance (Yearly) on absolute basis
YearReturns
2020 14.9%
2019 12.7%
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
2012 36.2%
2011 -26%
Fund Manager information for Kotak Tax Saver Fund
NameSinceTenure
Harsha Upadhyaya25 Aug 155.94 Yr.

Data below for Kotak Tax Saver Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services23.3%
Basic Materials20.06%
Industrials19.56%
Technology10.46%
Consumer Cyclical8.54%
Health Care6.09%
Utility4.13%
Energy2.85%
Communication Services2.1%
Consumer Defensive1.36%
Asset Allocation
Asset ClassValue
Cash1.55%
Equity98.45%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹171 Cr2,500,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
6%₹129 Cr800,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
5%₹108 Cr2,500,000
↑ 150,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹92 Cr575,000
↑ 250,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
4%₹87 Cr100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
4%₹78 Cr550,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
3%₹71 Cr225,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Jun 06 | RELIANCE
3%₹61 Cr300,000
Gujarat Gas Ltd (Utilities)
Equity, Since 30 Apr 19 | 539336
3%₹61 Cr850,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 28 Feb 18 | 532286
3%₹58 Cr1,350,000

7. 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 15.5% since its launch.  Ranked 17 in ELSS category.  Return for 2020 was 19.2% , 2019 was 9.4% and 2018 was -1.3% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (24 Sep 21) ₹83.76 ↑ 0.15   (0.18 %)
Net Assets (Cr) ₹1,842 on 31 Aug 21
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 3.2
Information Ratio -0.18
Alpha Ratio 6.89
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,379
31 Aug 18₹13,705
31 Aug 19₹12,416
31 Aug 20₹13,369
31 Aug 21₹20,344

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 ₹458,689.
Net Profit of ₹158,689
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 24 Sep 21

DurationReturns
1 Month 7.7%
3 Month 13.3%
6 Month 25.7%
1 Year 63.4%
3 Year 19.2%
5 Year 16.3%
10 Year
15 Year
Since launch 15.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 19.2%
2019 9.4%
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
2013 10.1%
2012 30.3%
2011 -18.9%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Nigam3 Sep 200.91 Yr.
Dhimant Kothari29 Mar 183.35 Yr.

Data below for Invesco India Tax Plan as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services31.54%
Technology16.72%
Consumer Cyclical12.43%
Industrials10.18%
Basic Materials10.15%
Energy7.99%
Health Care4.44%
Utility3.86%
Consumer Defensive1.41%
Asset Allocation
Asset ClassValue
Cash1.29%
Equity98.71%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 17 | RELIANCE
8%₹142 Cr696,659
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹139 Cr2,031,464
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
7%₹133 Cr824,204
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
7%₹130 Cr913,263
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
4%₹72 Cr1,016,758
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
3%₹62 Cr373,623
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 20 | 532755
3%₹54 Cr448,931
L&T Technology Services Ltd (Technology)
Equity, Since 31 Aug 20 | LTTS
3%₹49 Cr131,842
Tata Steel Ltd (Basic Materials)
Equity, Since 30 Apr 21 | TATASTEEL
2%₹43 Cr299,503
↓ -56,005
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
2%₹40 Cr105,755
↓ -27,862

8. 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 12.2% since its launch.  Ranked 22 in ELSS category.  Return for 2020 was 17.8% , 2019 was 14.3% and 2018 was -9.3% .

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 (24 Sep 21) ₹60.694 ↓ -0.02   (-0.03 %)
Net Assets (Cr) ₹545 on 31 Aug 21
Category Equity - ELSS
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.41
Sharpe Ratio 3.03
Information Ratio 0.17
Alpha Ratio 3.54
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,407
31 Aug 18₹12,041
31 Aug 19₹11,804
31 Aug 20₹12,779
31 Aug 21₹18,472

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 ₹426,080.
Net Profit of ₹126,080
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 24 Sep 21

DurationReturns
1 Month 6.7%
3 Month 10.7%
6 Month 20.1%
1 Year 56.8%
3 Year 20.2%
5 Year 13.8%
10 Year
15 Year
Since launch 12.2%
Historical performance (Yearly) on absolute basis
YearReturns
2020 17.8%
2019 14.3%
2018 -9.3%
2017 42.3%
2016 -6.6%
2015 7.7%
2014 53%
2013 7.7%
2012 34.3%
2011 -15%
Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
NameSinceTenure
Karthikraj Lakshmanan7 Oct 164.82 Yr.
Chockalingam Narayanan1 Apr 210.33 Yr.

Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services40.21%
Technology12.19%
Basic Materials9.08%
Industrials8.48%
Consumer Cyclical8.29%
Consumer Defensive7.78%
Health Care3.98%
Communication Services3.13%
Energy2.89%
Utility1.58%
Real Estate1.08%
Asset Allocation
Asset ClassValue
Cash1.32%
Equity98.68%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK
10%₹51 Cr750,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
8%₹42 Cr296,600
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
8%₹40 Cr250,500
↓ -33,750
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
6%₹34 Cr482,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 18 | TCS
3%₹18 Cr57,500
Voltas Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Oct 18 | VOLTAS
3%₹16 Cr152,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Oct 18 | RELIANCE
3%₹15 Cr75,000
Avanti Feeds Ltd (Consumer Defensive)
Equity, Since 30 Sep 20 | 512573
3%₹14 Cr215,179
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Jul 18 | ULTRACEMCO
2%₹13 Cr17,000
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | 540376
2%₹13 Cr35,800

9. 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 18.4% since its launch.  Ranked 21 in ELSS category.  Return for 2020 was 8.4% , 2019 was 5.7% and 2018 was -1.7% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (24 Sep 21) ₹38.88 ↑ 0.03   (0.08 %)
Net Assets (Cr) ₹541 on 31 Aug 21
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio 2.91
Information Ratio -0.66
Alpha Ratio 1.39
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,182
31 Aug 18₹12,924
31 Aug 19₹11,446
31 Aug 20₹11,410
31 Aug 21₹16,894

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 ₹405,518.
Net Profit of ₹105,518
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 24 Sep 21

DurationReturns
1 Month 8.4%
3 Month 14.5%
6 Month 24.2%
1 Year 58.8%
3 Year 14%
5 Year 11.8%
10 Year
15 Year
Since launch 18.4%
Historical performance (Yearly) on absolute basis
YearReturns
2020 8.4%
2019 5.7%
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
2011
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Alok Ranjan16 Aug 210 Yr.

Data below for IDBI Equity Advantage Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services27.83%
Basic Materials16.93%
Technology16.72%
Industrials14.64%
Consumer Cyclical11.61%
Energy4.86%
Consumer Defensive2.81%
Communication Services1.6%
Health Care1.45%
Asset Allocation
Asset ClassValue
Cash1.55%
Equity98.45%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | ICICIBANK
7%₹36 Cr528,773
Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY
7%₹36 Cr222,676
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCBANK
6%₹33 Cr232,297
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
4%₹19 Cr446,147
↑ 100,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Sep 20 | RELIANCE
3%₹16 Cr77,980
ABB India Ltd (Industrials)
Equity, Since 30 Apr 15 | 500002
3%₹15 Cr88,481
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 31 May 20 | HCLTECH
3%₹15 Cr146,618
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFC
3%₹14 Cr56,815
Mphasis Ltd (Technology)
Equity, Since 31 Aug 20 | 526299
3%₹14 Cr53,306
MindTree Ltd (Technology)
Equity, Since 31 Jul 21 | 532819
2%₹13 Cr44,000
↑ 44,000

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 16.8% since its launch.  Ranked 14 in ELSS category.  Return for 2020 was 9.9% , 2019 was 6.2% and 2018 was -10.6% .

Below is the key information for Sundaram Diversified Equity Fund

Sundaram Diversified Equity Fund
Growth
Launch Date 22 Nov 99
NAV (24 Sep 21) ₹149.359 ↓ -0.23   (-0.15 %)
Net Assets (Cr) ₹2,340 on 31 Aug 21
Category Equity - ELSS
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.14
Sharpe Ratio 2.87
Information Ratio -0.91
Alpha Ratio 1.45
Min Investment 500
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,743
31 Aug 18₹12,712
31 Aug 19₹11,153
31 Aug 20₹11,059
31 Aug 21₹17,197

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 ₹405,518.
Net Profit of ₹105,518
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 24 Sep 21

DurationReturns
1 Month 7.1%
3 Month 14%
6 Month 25%
1 Year 66.7%
3 Year 15.3%
5 Year 11.8%
10 Year
15 Year
Since launch 16.8%
Historical performance (Yearly) on absolute basis
YearReturns
2020 9.9%
2019 6.2%
2018 -10.6%
2017 38.4%
2016 6.8%
2015 3.1%
2014 45.7%
2013 1.4%
2012 34.5%
2011 -25.4%
Fund Manager information for Sundaram Diversified Equity Fund
NameSinceTenure
S. Bharath23 Jul 201.11 Yr.
Rohit Seksaria24 Feb 210.52 Yr.

Data below for Sundaram Diversified Equity Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services31.58%
Technology13.85%
Industrials11.35%
Basic Materials9.39%
Consumer Cyclical9.32%
Consumer Defensive8.49%
Energy8.05%
Health Care5.48%
Communication Services1.98%
Asset Allocation
Asset ClassValue
Cash0.38%
Equity99.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK
8%₹171 Cr2,500,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 16 | INFY
7%₹168 Cr1,045,000
↓ -27,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Apr 12 | RELIANCE
7%₹148 Cr725,000
↓ -45,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
6%₹138 Cr970,000
↓ -180,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
4%₹97 Cr1,370,000
↓ -30,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 19 | HDFC
4%₹90 Cr370,000
↓ -75,000
State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN
3%₹73 Cr1,700,000
↑ 50,000
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 19 | HCLTECH
3%₹69 Cr675,000
↓ -65,000
Grindwell Norton Ltd (Industrials)
Equity, Since 31 Mar 14 | 506076
3%₹69 Cr550,000
↓ -10,000
Quess Corp Ltd (Industrials)
Equity, Since 31 Jan 18 | 539978
3%₹67 Cr775,000
↓ -25,000

11. 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 21.5% since its launch.  Ranked 23 in ELSS category.  Return for 2020 was 11.5% , 2019 was 10.1% and 2018 was -3.9% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (24 Sep 21) ₹561.864 ↑ 0.20   (0.03 %)
Net Assets (Cr) ₹1,363 on 31 Aug 21
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.25
Sharpe Ratio 2.51
Information Ratio -0.1
Alpha Ratio 8.34
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,926
31 Aug 18₹13,427
31 Aug 19₹12,682
31 Aug 20₹12,863
31 Aug 21₹20,367

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 ₹447,579.
Net Profit of ₹147,579
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 24 Sep 21

DurationReturns
1 Month 6.3%
3 Month 12%
6 Month 25.7%
1 Year 72.9%
3 Year 18.3%
5 Year 15.8%
10 Year
15 Year
Since launch 21.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 11.5%
2019 10.1%
2018 -3.9%
2017 36.2%
2016 13%
2015 -2.4%
2014 44.7%
2013 11%
2012 28.8%
2011 -23.5%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0714.34 Yr.

Data below for HDFC Long Term Advantage Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services35.68%
Industrials17.76%
Technology14.97%
Energy11.53%
Consumer Defensive4.5%
Basic Materials4.47%
Health Care2.8%
Utility2.61%
Consumer Cyclical2.35%
Communication Services2.21%
Asset Allocation
Asset ClassValue
Cash1.12%
Equity98.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹130 Cr1,900,000
↓ -100,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
9%₹121 Cr750,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹114 Cr800,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 05 | RELIANCE
8%₹106 Cr520,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
7%₹98 Cr400,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Oct 07 | LT
7%₹97 Cr607,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
7%₹91 Cr2,100,000
Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 03 | 513375
5%₹68 Cr1,010,413
↓ -16,354
Redington (India) Ltd (Technology)
Equity, Since 31 Jul 15 | 532805
5%₹64 Cr1,951,513
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹58 Cr2,822,910


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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