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11 Best performing Tax Saving (ELSS) Mutual Funds to invest in 2019

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11 Best Tax Saving ELSS Mutual Funds 2019

Updated on March 22, 2019 , 5721 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 19 - 20

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Tata India Tax Savings Fund Growth ₹17.9189
↓ -0.05
₹1,5986.45.96.715.7 -8.4
IDFC Tax Advantage (ELSS) Fund Growth ₹55.59
↓ -0.29
₹1,7413.5-0.8-0.615.717.2-9.4
DSP BlackRock Tax Saver Fund Growth ₹47.399
↓ -0.15
₹4,7406.54.17.115.218-7.6
Principal Tax Savings Fund Growth ₹205.65
↓ -0.89
₹3712.3-1.60.816.316.9-9.2
L&T Tax Advantage Fund Growth ₹52.739
↓ -0.28
₹3,0740-3.9-2.213.915.5-8.1
Kotak Tax Saver Scheme Growth ₹43.109
↓ -0.14
₹7914.73.28.714.517.2-3.8
Invesco India Tax Plan Growth ₹50.39
↓ -0.38
₹7123.907.314.617.8-1.3
HDFC Long Term Advantage Fund Growth ₹357.836
↓ -2.19
₹1,4256.33.98.816.715.8-3.9
IDBI Equity Advantage Fund Growth ₹25.62
↓ -0.02
₹587-3.4-5.40.910.317-1.7
BNP Paribas Long Term Equity Fund (ELSS) Growth ₹37.126
↓ -0.03
₹44244.34.410.115-9.3
Sundaram Diversified Equity Fund Growth ₹99.7414
↓ -0.51
₹2,5474.50.31.413.115.1-10.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Mar 19

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

1. Tata India Tax Savings Fund

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

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14% 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 (22 Mar 19) ₹17.9189 ↓ -0.05   (-0.30 %)
Net Assets (Cr) ₹1,598 on 28 Feb 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.38
Information Ratio -0.08
Alpha Ratio -10.52
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹11,512
29 Feb 16₹10,087
28 Feb 17₹13,589
28 Feb 18₹16,880
28 Feb 19₹16,099

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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 7.2%
3 Month 6.4%
6 Month 5.9%
1 Year 6.7%
3 Year 15.7%
5 Year
10 Year
15 Year
Since launch 14%
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 153.84 Yr.
Ennette Fernandes18 Jun 180.62 Yr.

Data below for Tata India Tax Savings Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services40.47%
Consumer Cyclical13.63%
Consumer Defensive10.96%
Technology10.82%
Industrials9.37%
Health Care4.93%
Energy3.85%
Basic Materials3.16%
Real Estate0.62%
Asset Allocation
Asset ClassValue
Cash2.24%
Equity97.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹141 Cr4,015,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
8%₹123 Cr1,680,000
↑ 660,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹116 Cr560,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
7%₹106 Cr1,500,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹83 Cr3,100,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
4%₹62 Cr500,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹60 Cr495,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹57 Cr310,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC
3%₹52 Cr1,900,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹50 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 18.2% 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 (22 Mar 19) ₹55.59 ↓ -0.29   (-0.52 %)
Net Assets (Cr) ₹1,741 on 28 Feb 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.74
Sharpe Ratio -0.96
Information Ratio -0.07
Alpha Ratio -12.71
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,810
29 Feb 16₹13,056
28 Feb 17₹17,607
28 Feb 18₹23,485
28 Feb 19₹20,833

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 22 Mar 19

DurationReturns
1 Month 8.7%
3 Month 3.5%
6 Month -0.8%
1 Year -0.6%
3 Year 15.7%
5 Year 17.2%
10 Year
15 Year
Since launch 18.2%
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 162.28 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services27.22%
Consumer Cyclical15.53%
Basic Materials11.17%
Technology9.68%
Industrials8.39%
Health Care6.3%
Energy5.83%
Utility5.15%
Consumer Defensive4.63%
Asset Allocation
Asset ClassValue
Cash5.09%
Equity94.9%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
6%₹105 Cr3,000,000
↑ 100,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹92 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹73 Cr350,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
4%₹70 Cr950,000
↓ -25,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹68 Cr550,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹65 Cr2,400,000
↑ 100,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹64 Cr900,000
↑ 50,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹46 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹44 Cr1,041,754
↑ 21,754
Nestle India Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | NESTLEIND
2%₹32 Cr30,000

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 13.6% 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 (22 Mar 19) ₹47.399 ↓ -0.15   (-0.30 %)
Net Assets (Cr) ₹4,740 on 28 Feb 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio -0.41
Information Ratio -0.05
Alpha Ratio -2.17
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,130
29 Feb 16₹13,830
28 Feb 17₹19,583
28 Feb 18₹22,984
28 Feb 19₹21,978

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 ₹481,656.
Net Profit of ₹181,656
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 22 Mar 19

DurationReturns
1 Month 8.1%
3 Month 6.5%
6 Month 4.1%
1 Year 7.1%
3 Year 15.2%
5 Year 18%
10 Year
15 Year
Since launch 13.6%
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 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services37.14%
Basic Materials13.54%
Technology12.01%
Health Care8.35%
Industrials7.68%
Consumer Defensive6%
Energy4.76%
Consumer Cyclical4.57%
Utility3.75%
Real Estate0.71%
Asset Allocation
Asset ClassValue
Cash1.47%
Equity98.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹422 Cr12,051,260
↑ 1,120,839
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹382 Cr1,838,413
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹206 Cr2,898,029
↑ 416,484
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹184 Cr2,502,741
↑ 31,689
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹159 Cr1,225,918
↑ 94,893
State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN
3%₹135 Cr5,010,825
↓ -152,479
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
3%₹133 Cr1,094,394
↑ 208,441
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹123 Cr878,387
↑ 116,770
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH
2%₹117 Cr1,112,891
↑ 221,675
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA
2%₹110 Cr1,547,126
↑ 63,715

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 16.1% 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 (22 Mar 19) ₹205.65 ↓ -0.89   (-0.43 %)
Net Assets (Cr) ₹371 on 28 Feb 19
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.88
Sharpe Ratio -0.72
Information Ratio 0.28
Alpha Ratio -7.76
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,852
29 Feb 16₹12,866
28 Feb 17₹18,394
28 Feb 18₹23,614
28 Feb 19₹21,284

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 ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for Principal Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.7%
3 Month 2.3%
6 Month -1.6%
1 Year 0.8%
3 Year 16.3%
5 Year 16.9%
10 Year
15 Year
Since launch 16.1%
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
P.V.K. Mohan1 Sep 108.42 Yr.

Data below for Principal Tax Savings Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services27.86%
Consumer Defensive14.03%
Technology11.16%
Basic Materials10.87%
Consumer Cyclical9.06%
Industrials8.09%
Utility5.33%
Health Care4.6%
Energy4.46%
Communication Services1.39%
Asset Allocation
Asset ClassValue
Cash3.15%
Equity96.85%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
5%₹19 Cr91,334
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹18 Cr509,143
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
4%₹17 Cr134,452
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
4%₹14 Cr68,640
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹13 Cr455,396
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹11 Cr89,915
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
3%₹11 Cr145,594
↓ -16,000
Treps 01-Mar-2019
CBLO/Reverse Repo | -
3%₹10 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
3%₹10 Cr77,262
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹10 Cr369,851

5. L&T Tax Advantage Fund

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

L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.6% since its launch.  Ranked 7 in ELSS category.  Return for 2018 was -8.1% , 2017 was 42.3% and 2016 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 (22 Mar 19) ₹52.739 ↓ -0.28   (-0.52 %)
Net Assets (Cr) ₹3,074 on 28 Feb 19
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -1.02
Information Ratio -0.35
Alpha Ratio -12.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,441
29 Feb 16₹13,112
28 Feb 17₹18,155
28 Feb 18₹22,828
28 Feb 19₹20,252

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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for L&T Tax Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.5%
3 Month 0%
6 Month -3.9%
1 Year -2.2%
3 Year 13.9%
5 Year 15.5%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
S.N. Lahiri24 Nov 126.19 Yr.

Data below for L&T Tax Advantage Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services29.24%
Technology13.84%
Industrials11.8%
Basic Materials11.58%
Consumer Cyclical10.34%
Health Care7.26%
Energy4.71%
Consumer Defensive2.66%
Communication Services1.72%
Utility1.06%
Asset Allocation
Asset ClassValue
Cash5.65%
Equity94.73%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
6%₹186 Cr897,300
↑ 119,600
(A) Tri Party Repo Dealing System (Treps)
CBLO/Reverse Repo | -
6%₹174 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
5%₹163 Cr4,658,200
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹122 Cr615,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹121 Cr980,200
↑ 241,200
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 17 | HDFC
4%₹119 Cr649,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹104 Cr1,416,000
↑ 61,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹101 Cr2,386,000
↑ 500,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹97 Cr753,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 17 | 532215
3%₹92 Cr1,293,000
↑ 65,000

6. Kotak Tax Saver Scheme

The investment objective of the scheme is to generate longterm capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.

Kotak Tax Saver Scheme is a Equity - ELSS fund was launched on 23 Nov 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.6% since its launch.  Ranked 19 in ELSS category.  Return for 2018 was -3.8% , 2017 was 33.8% and 2016 was 7.5% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (22 Mar 19) ₹43.109 ↓ -0.14   (-0.32 %)
Net Assets (Cr) ₹791 on 28 Feb 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.73
Sharpe Ratio -0.18
Information Ratio -0.14
Alpha Ratio 1.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,979
29 Feb 16₹13,822
28 Feb 17₹19,205
28 Feb 18₹21,840
28 Feb 19₹21,814

Kotak Tax Saver Scheme SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Kotak Tax Saver Scheme

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.2%
3 Month 4.7%
6 Month 3.2%
1 Year 8.7%
3 Year 14.5%
5 Year 17.2%
10 Year
15 Year
Since launch 11.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
2012 36.2%
2011 -26%
2010 19.9%
2009 75%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

Data below for Kotak Tax Saver Scheme as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services27.52%
Industrials16.11%
Basic Materials13.08%
Technology11.49%
Energy7.96%
Consumer Defensive7.85%
Consumer Cyclical6.13%
Health Care4.28%
Utility4.19%
Asset Allocation
Asset ClassValue
Cash1.2%
Equity98.74%
Debt0%
Other0.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹57 Cr464,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹50 Cr240,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹50 Cr700,000
↑ 100,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹46 Cr1,325,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹34 Cr170,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹33 Cr450,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹32 Cr45,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹32 Cr245,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹23 Cr395,000
Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 30 Jun 18 | BHARATFIN
3%₹20 Cr219,090

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 14.1% since its launch.  Ranked 17 in ELSS category.  Return for 2018 was -1.3% , 2017 was 35.7% and 2016 was 3.4% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (22 Mar 19) ₹50.39 ↓ -0.38   (-0.75 %)
Net Assets (Cr) ₹712 on 28 Feb 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.71
Sharpe Ratio -0.27
Information Ratio -0.4
Alpha Ratio -2.55
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,856
29 Feb 16₹14,065
28 Feb 17₹18,377
28 Feb 18₹22,540
28 Feb 19₹22,112

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 ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.3%
3 Month 3.9%
6 Month 0%
1 Year 7.3%
3 Year 14.6%
5 Year 17.8%
10 Year
15 Year
Since launch 14.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
2013 10.1%
2012 30.3%
2011 -18.9%
2010 22.1%
2009 83.5%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 180.85 Yr.
Dhimant Kothari29 Mar 180.85 Yr.

Data below for Invesco India Tax Plan as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services32.26%
Consumer Cyclical14.86%
Industrials11.61%
Technology11.28%
Energy9.1%
Consumer Defensive5.72%
Health Care4.55%
Basic Materials3.32%
Utility2.89%
Asset Allocation
Asset ClassValue
Cash4.41%
Equity95.59%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
8%₹60 Cr290,808
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
7%₹52 Cr423,645
↑ 25,779
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
6%₹44 Cr236,674
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹43 Cr1,218,376
↑ 51,301
Infosys Ltd (Technology)
Equity, Since 30 Jun 15 | INFY
6%₹40 Cr541,233
Triparty Repo
CBLO/Reverse Repo | -
4%₹31 Cr
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | INDUSINDBK
4%₹28 Cr192,275
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
4%₹28 Cr214,136
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
3%₹24 Cr342,578
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 09 | MARUTI
3%₹21 Cr30,373

8. HDFC Long Term Advantage Fund

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

HDFC Long Term Advantage Fund is a Equity - ELSS fund was launched on 2 Jan 01. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 21.7% since its launch.  Ranked 23 in ELSS category.  Return for 2018 was -3.9% , 2017 was 36.2% and 2016 was 13% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (22 Mar 19) ₹357.836 ↓ -2.19   (-0.61 %)
Net Assets (Cr) ₹1,425 on 28 Feb 19
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.49
Sharpe Ratio -0.32
Information Ratio 0.21
Alpha Ratio -7.8
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹14,693
29 Feb 16₹12,140
28 Feb 17₹17,075
28 Feb 18₹20,668
28 Feb 19₹20,265

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 22 Mar 19

DurationReturns
1 Month 6.9%
3 Month 6.3%
6 Month 3.9%
1 Year 8.8%
3 Year 16.7%
5 Year 15.8%
10 Year
15 Year
Since launch 21.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3.9%
2017 36.2%
2016 13%
2015 -2.4%
2014 44.7%
2013 11%
2012 28.8%
2011 -23.5%
2010 28.4%
2009 88.9%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0711.84 Yr.
Amar Kalkundrikar10 Jan 190.06 Yr.

Data below for HDFC Long Term Advantage Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services29.52%
Industrials17.52%
Energy12.39%
Technology10.06%
Basic Materials9.92%
Consumer Defensive4.61%
Health Care4.36%
Consumer Cyclical3.83%
Utility1.95%
Communication Services0.9%
Asset Allocation
Asset ClassValue
Cash4.93%
Equity95.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
9%₹133 Cr1,080,000
↓ -70,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹126 Cr605,000
↓ -40,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹116 Cr3,300,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹107 Cr1,453,908
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹79 Cr607,500
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
5%₹74 Cr400,000
Collateralised Borrowing & Lending Obligation
CBLO | -
5%₹72 Cr
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
5%₹70 Cr2,600,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹64 Cr2,322,910
Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 520113
3%₹47 Cr400,000

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 since its launch.  Ranked 21 in ELSS category.  Return for 2018 was -1.7% , 2017 was 35.3% and 2016 was 0% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (22 Mar 19) ₹25.62 ↓ -0.02   (-0.08 %)
Net Assets (Cr) ₹587 on 28 Feb 19
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.86
Sharpe Ratio -0.51
Information Ratio -0.74
Alpha Ratio -7.14
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹18,538
29 Feb 16₹16,063
28 Feb 17₹19,309
28 Feb 18₹23,883
28 Feb 19₹22,305

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 ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for IDBI Equity Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 4.3%
3 Month -3.4%
6 Month -5.4%
1 Year 0.9%
3 Year 10.3%
5 Year 17%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
2011
2010
2009
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Uma Venkatraman1 Jul 180.59 Yr.
Ayushi Sethia9 Oct 180.31 Yr.

Data below for IDBI Equity Advantage Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Consumer Cyclical31.67%
Financial Services21.63%
Consumer Defensive20.23%
Basic Materials12.03%
Industrials10.93%
Health Care2.04%
Asset Allocation
Asset ClassValue
Cash1.47%
Equity98.53%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
6%₹38 Cr308,490
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
6%₹36 Cr15,969
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
6%₹33 Cr287,946
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
5%₹31 Cr686,342
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
5%₹30 Cr246,474
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
5%₹28 Cr88,342
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
5%₹28 Cr4,950
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
5%₹27 Cr194,293
Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | EICHERMOT
4%₹26 Cr13,037
Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | NESTLEIND
4%₹25 Cr23,954

10. BNP Paribas Long Term Equity Fund (ELSS)

The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent fromtime to time. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

BNP Paribas Long Term Equity Fund (ELSS) is a Equity - ELSS fund was launched on 5 Jan 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.4% since its launch.  Ranked 22 in ELSS category.  Return for 2018 was -9.3% , 2017 was 42.3% and 2016 was -6.6% .

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

BNP Paribas Long Term Equity Fund (ELSS)
Growth
Launch Date 5 Jan 06
NAV (22 Mar 19) ₹37.126 ↓ -0.03   (-0.08 %)
Net Assets (Cr) ₹442 on 28 Feb 19
Category Equity - ELSS
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.75
Sharpe Ratio -0.51
Information Ratio -1.15
Alpha Ratio -5.45
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,689
29 Feb 16₹14,307
28 Feb 17₹17,280
28 Feb 18₹20,716
28 Feb 19₹19,726

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 ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for BNP Paribas Long Term Equity Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 5.6%
3 Month 4%
6 Month 4.3%
1 Year 4.4%
3 Year 10.1%
5 Year 15%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -9.3%
2017 42.3%
2016 -6.6%
2015 7.7%
2014 53%
2013 7.7%
2012 34.3%
2011 -15%
2010 14.9%
2009 70.2%
Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
NameSinceTenure
Abhijeet Dey16 Nov 162.21 Yr.
Karthikraj Lakshmanan7 Oct 162.32 Yr.

Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services35.54%
Technology11.87%
Consumer Cyclical11.57%
Industrials11.33%
Consumer Defensive8.59%
Basic Materials5.05%
Energy2.51%
Health Care1.93%
Utility1.62%
Asset Allocation
Asset ClassValue
Cash10%
Equity90%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
10%₹45 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
9%₹41 Cr198,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK
7%₹29 Cr825,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
7%₹29 Cr405,000
↑ 55,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
5%₹20 Cr275,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 18 | TCS
4%₹19 Cr97,500
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 17 | LT
4%₹16 Cr125,988
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | KOTAKBANK
4%₹16 Cr130,000
↓ -15,000
ITC Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | ITC
3%₹14 Cr520,000
↑ 40,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 18 | HDFC
3%₹13 Cr70,000

11. 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 16.7% since its launch.  Ranked 14 in ELSS category.  Return for 2018 was -10.6% , 2017 was 38.4% and 2016 was 6.8% .

Below is the key information for Sundaram Diversified Equity Fund

Sundaram Diversified Equity Fund
Growth
Launch Date 22 Nov 99
NAV (22 Mar 19) ₹99.7414 ↓ -0.51   (-0.51 %)
Net Assets (Cr) ₹2,547 on 28 Feb 19
Category Equity - ELSS
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.7
Information Ratio -0.32
Alpha Ratio -9.71
Min Investment 500
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,646
29 Feb 16₹12,878
28 Feb 17₹18,380
28 Feb 18₹21,752
28 Feb 19₹19,816

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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Sundaram Diversified Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.8%
3 Month 4.5%
6 Month 0.3%
1 Year 1.4%
3 Year 13.1%
5 Year 15.1%
10 Year
15 Year
Since launch 16.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -10.6%
2017 38.4%
2016 6.8%
2015 3.1%
2014 45.7%
2013 1.4%
2012 34.5%
2011 -25.4%
2010 13.1%
2009 72%
Fund Manager information for Sundaram Diversified Equity Fund
NameSinceTenure
S Krishnakumar1 Apr 153.84 Yr.

Data below for Sundaram Diversified Equity Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services34.36%
Consumer Cyclical13.91%
Industrials13.21%
Technology10.25%
Basic Materials10.19%
Consumer Defensive6.12%
Health Care4.81%
Energy3.77%
Utility2.22%
Asset Allocation
Asset ClassValue
Cash1.17%
Equity98.83%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK
6%₹149 Cr4,261,114
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
5%₹130 Cr625,597
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
5%₹116 Cr1,641,415
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 12 | 500034
4%₹106 Cr401,460
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 12 | RELIANCE
4%₹96 Cr780,073
↑ 199,406
State Bank of India (Financial Services)
Equity, Since 31 Oct 17 | SBIN
4%₹94 Cr3,479,521
Tech Mahindra Ltd (Technology)
Equity, Since 31 Jul 18 | 532755
3%₹78 Cr942,641
↓ -166,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 16 | INFY
3%₹78 Cr1,063,000
Ramco Cements Ltd (Basic Materials)
Equity, Since 31 Mar 12 | RAMCOCEM
3%₹72 Cr1,070,287
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 May 17 | 500124
3%₹68 Cr258,353
↑ 115,000


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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