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11 Best performing Tax Saving (ELSS) Mutual Funds to invest in 2020

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11 Best Tax Saving ELSS Mutual Funds 2020

Updated on April 2, 2020 , 9363 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 20 - 21

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2019 (%)
Tata India Tax Savings Fund Growth ₹13.0163
↓ -0.37
₹2,060-32.8-27.7-28.3-4.41.513.6
IDFC Tax Advantage (ELSS) Fund Growth ₹35.6
↓ -0.88
₹2,060-35.9-31.8-37-8.4-2.71.9
L&T Tax Advantage Fund Growth ₹37.452
↓ -0.55
₹3,206-33-27.4-30.6-7.3-0.24.6
Principal Tax Savings Fund Growth ₹144.69
↓ -2.66
₹389-30.8-25.6-30.8-6.60.52.5
BOI AXA Tax Advantage Fund Growth ₹43.63
↓ -0.47
₹280-21.4-15.4-13.30.62.114.6
BNP Paribas Long Term Equity Fund (ELSS) Growth ₹30.517
↓ -0.68
₹463-26.3-21.9-18.8-2.2-0.114.3
Invesco India Tax Plan Growth ₹38.59
↓ -0.83
₹1,028-28.2-23.3-24.4-2.11.29.4
Kotak Tax Saver Scheme Growth ₹32.599
↓ -0.79
₹1,135-30.9-24.8-25.3-4.70.512.7
IDBI Equity Advantage Fund Growth ₹20.79
↓ -0.53
₹536-26.1-22.3-20.6-3.2-0.15.7
Sundaram Diversified Equity Fund Growth ₹68.2399
↓ -1.27
₹2,452-34-30-32.8-9.1-1.76.2
HDFC Long Term Advantage Fund Growth ₹243.612
↓ -4.83
₹1,274-35.6-30.9-33-6.50.310.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 3 Apr 20

*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 4.9% since its launch.  Ranked 1 in ELSS category.  Return for 2019 was 13.6% , 2018 was -8.4% and 2017 was 46% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (03 Apr 20) ₹13.0163 ↓ -0.37   (-2.75 %)
Net Assets (Cr) ₹2,060 on 29 Feb 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 0.46
Information Ratio -0.3
Alpha Ratio 0.94
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,815
31 Mar 17₹12,397
31 Mar 18₹14,144
31 Mar 19₹15,272
31 Mar 20₹11,620

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 ₹315,615.
Net Profit of ₹15,615
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 3 Apr 20

DurationReturns
1 Month -29.1%
3 Month -32.8%
6 Month -27.7%
1 Year -28.3%
3 Year -4.4%
5 Year 1.5%
10 Year
15 Year
Since launch 4.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
2012
2011
2010
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 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services40.83%
Consumer Cyclical10.91%
Energy9.34%
Technology8.88%
Industrials8.03%
Basic Materials4.57%
Health Care4.13%
Communication Services2.92%
Consumer Defensive2.34%
Real Estate0.84%
Asset Allocation
Asset ClassValue
Cash7.19%
Equity92.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹189 Cr3,800,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
8%₹161 Cr5,325,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹151 Cr1,282,000
(A) Treps
CBLO/Reverse Repo | -
6%₹125 Cr
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
6%₹123 Cr565,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
6%₹123 Cr1,680,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
6%₹116 Cr870,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹105 Cr1,500,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
3%₹60 Cr1,150,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹60 Cr300,000

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 11.9% since its launch.  Ranked 3 in ELSS category.  Return for 2019 was 1.9% , 2018 was -9.4% and 2017 was 53.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (03 Apr 20) ₹35.6 ↓ -0.88   (-2.41 %)
Net Assets (Cr) ₹2,060 on 29 Feb 20
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.22
Sharpe Ratio -0.02
Information Ratio -0.34
Alpha Ratio -2.93
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹8,992
31 Mar 17₹11,463
31 Mar 18₹14,033
31 Mar 19₹14,163
31 Mar 20₹9,325

IDFC Tax Advantage (ELSS) Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%

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 3 Apr 20

DurationReturns
1 Month -33%
3 Month -35.9%
6 Month -31.8%
1 Year -37%
3 Year -8.4%
5 Year -2.7%
10 Year
15 Year
Since launch 11.9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 24%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 163.2 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services29.01%
Industrials16.64%
Consumer Cyclical13.29%
Basic Materials11.95%
Technology8.18%
Energy5.77%
Health Care4.88%
Consumer Defensive3.02%
Communication Services1.4%
Utility1.19%
Asset Allocation
Asset ClassValue
Cash3.98%
Equity96.02%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
8%₹159 Cr3,200,000
Triparty Repo
CBLO/Reverse Repo | -
4%₹85 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹83 Cr625,000
↑ 25,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
4%₹82 Cr1,125,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹82 Cr2,700,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹80 Cr680,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
3%₹70 Cr1,000,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹54 Cr1,850,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
2%₹51 Cr1,110,000
↓ -70,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹51 Cr1,650,000

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 9.8% since its launch.  Ranked 7 in ELSS category.  Return for 2019 was 4.6% , 2018 was -8.1% and 2017 was 42.3% .

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

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (03 Apr 20) ₹37.452 ↓ -0.55   (-1.43 %)
Net Assets (Cr) ₹3,206 on 29 Feb 20
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.26
Information Ratio -0.56
Alpha Ratio 1.42
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,570
31 Mar 17₹12,483
31 Mar 18₹14,471
31 Mar 19₹14,403
31 Mar 20₹10,491

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 .
Net Profit of
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 3 Apr 20

DurationReturns
1 Month -29.6%
3 Month -33%
6 Month -27.4%
1 Year -30.6%
3 Year -7.3%
5 Year -0.2%
10 Year
15 Year
Since launch 9.8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 29.2%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
Venugopal Manghat17 Dec 190.04 Yr.
Vihang Naik17 Dec 190.04 Yr.

Data below for L&T Tax Advantage Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services34.13%
Basic Materials13.44%
Consumer Cyclical11.26%
Health Care10.78%
Technology10.03%
Industrials6.45%
Energy4.38%
Communication Services3.93%
Consumer Defensive3.36%
Asset Allocation
Asset ClassValue
Cash1.57%
Equity97.76%
Other0.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
6%₹183 Cr3,684,800
↓ -644,200
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
5%₹173 Cr1,470,500
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹135 Cr834,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
4%₹126 Cr2,403,800
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹113 Cr853,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹100 Cr1,370,200
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
3%₹95 Cr476,300
↓ -158,700
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
3%₹94 Cr1,758,400
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹92 Cr778,000
↓ -75,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 17 | HDFC
3%₹87 Cr399,000

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 13.7% since its launch.  Ranked 8 in ELSS category.  Return for 2019 was 2.5% , 2018 was -9.2% and 2017 was 48.8% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (03 Apr 20) ₹144.69 ↓ -2.66   (-1.81 %)
Net Assets (Cr) ₹389 on 29 Feb 20
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.02
Information Ratio -0.42
Alpha Ratio -2.16
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,447
31 Mar 17₹12,573
31 Mar 18₹14,636
31 Mar 19₹14,993
31 Mar 20₹10,906

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 ₹307,716.
Net Profit of ₹7,716
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 3 Apr 20

DurationReturns
1 Month -27.4%
3 Month -30.8%
6 Month -25.6%
1 Year -30.8%
3 Year -6.6%
5 Year 0.5%
10 Year
15 Year
Since launch 13.7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 15%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 190.17 Yr.

Data below for Principal Tax Savings Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services34.49%
Consumer Defensive11.95%
Industrials9.05%
Technology8.07%
Consumer Cyclical7.82%
Energy7.32%
Basic Materials6.57%
Health Care5.54%
Utility4.52%
Communication Services1.87%
Asset Allocation
Asset ClassValue
Cash2.72%
Equity97.28%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
8%₹30 Cr255,638
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹27 Cr536,104
↑ 9,956
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
6%₹22 Cr168,133
↑ 7,827
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
4%₹17 Cr144,140
↑ 15,670
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
4%₹15 Cr203,883
↓ -27,015
Treps 02-Mar-2020
CBLO/Reverse Repo | -
4%₹14 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
4%₹14 Cr84,915
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹13 Cr445,461
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
3%₹13 Cr61,980
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹12 Cr60,516

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 14.2% since its launch.  Ranked 13 in ELSS category.  Return for 2019 was 14.6% , 2018 was -16.3% and 2017 was 57.7% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (03 Apr 20) ₹43.63 ↓ -0.47   (-1.07 %)
Net Assets (Cr) ₹280 on 29 Feb 20
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 3.02
Sharpe Ratio 1.32
Information Ratio 0.52
Alpha Ratio 16.52
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,000
31 Mar 17₹10,990
31 Mar 18₹14,041
31 Mar 19₹12,907
31 Mar 20₹11,598

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 ₹323,701.
Net Profit of ₹23,701
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 3 Apr 20

DurationReturns
1 Month -23.8%
3 Month -21.4%
6 Month -15.4%
1 Year -13.3%
3 Year 0.6%
5 Year 2.1%
10 Year
15 Year
Since launch 14.2%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 5.9%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 190.46 Yr.

Data below for BOI AXA Tax Advantage Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services33.43%
Basic Materials12.54%
Consumer Cyclical9.03%
Consumer Defensive8.8%
Health Care8.79%
Industrials7.03%
Technology4.52%
Communication Services4.18%
Energy4.11%
Utility1.15%
Real Estate1.02%
Asset Allocation
Asset ClassValue
Cash5.38%
Equity94.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 500034
7%₹19 Cr43,629
↑ 1,426
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹15 Cr131,575
↓ -4,748
Repo
CBLO/Reverse Repo | -
5%₹14 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹12 Cr243,281
↓ -18,810
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
4%₹12 Cr86,583
Abbott India Ltd (Healthcare)
Equity, Since 31 Aug 18 | 500488
3%₹10 Cr6,158
↑ 427
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
3%₹10 Cr59,607
↓ -3,700
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
3%₹9 Cr60,346
↑ 6,191
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
3%₹7 Cr34,011
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | 540376
2%₹7 Cr28,674

6. 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 8.1% since its launch.  Ranked 22 in ELSS category.  Return for 2019 was 14.3% , 2018 was -9.3% and 2017 was 42.3% .

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 (03 Apr 20) ₹30.517 ↓ -0.68   (-2.16 %)
Net Assets (Cr) ₹463 on 29 Feb 20
Category Equity - ELSS
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 1.03
Information Ratio 0.28
Alpha Ratio 10.26
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,299
31 Mar 17₹10,711
31 Mar 18₹11,838
31 Mar 19₹12,434
31 Mar 20₹10,672

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 .
Net Profit of
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 3 Apr 20

DurationReturns
1 Month -25.4%
3 Month -26.3%
6 Month -21.9%
1 Year -18.8%
3 Year -2.2%
5 Year -0.1%
10 Year
15 Year
Since launch 8.1%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 14.9%
Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
NameSinceTenure
Abhijeet Dey16 Nov 163.04 Yr.
Karthikraj Lakshmanan7 Oct 163.15 Yr.

Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services41.75%
Technology8.79%
Communication Services7.55%
Industrials7.47%
Consumer Cyclical6.99%
Basic Materials6.6%
Consumer Defensive4.91%
Energy3.66%
Health Care3.4%
Utility2.56%
Asset Allocation
Asset ClassValue
Cash6.3%
Equity93.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
9%₹42 Cr360,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK
8%₹39 Cr788,000
Treps
CBLO/Reverse Repo | -
6%₹28 Cr
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
5%₹23 Cr315,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 18 | RELIANCE
4%₹17 Cr127,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
4%₹17 Cr320,950
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
3%₹16 Cr230,000
Alkem Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 17 | ALKEM
3%₹16 Cr60,000
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | 540376
3%₹14 Cr60,000
Sundaram Finance Ltd (Financial Services)
Equity, Since 31 Dec 18 | SUNDARMFIN
3%₹13 Cr85,000

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 10.7% since its launch.  Ranked 17 in ELSS category.  Return for 2019 was 9.4% , 2018 was -1.3% and 2017 was 35.7% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (03 Apr 20) ₹38.59 ↓ -0.83   (-2.11 %)
Net Assets (Cr) ₹1,028 on 29 Feb 20
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio 0.75
Information Ratio 0.61
Alpha Ratio 7.6
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,386
31 Mar 17₹11,349
31 Mar 18₹13,112
31 Mar 19₹14,306
31 Mar 20₹11,280

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 ₹315,615.
Net Profit of ₹15,615
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 3 Apr 20

DurationReturns
1 Month -28.4%
3 Month -28.2%
6 Month -23.3%
1 Year -24.4%
3 Year -2.1%
5 Year 1.2%
10 Year
15 Year
Since launch 10.7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 22.1%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 181.76 Yr.
Dhimant Kothari29 Mar 181.76 Yr.

Data below for Invesco India Tax Plan as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services38.32%
Consumer Cyclical9.72%
Energy9.27%
Technology9.06%
Consumer Defensive6.86%
Basic Materials6.8%
Health Care6.78%
Industrials5.04%
Communication Services3.03%
Utility1.82%
Asset Allocation
Asset ClassValue
Cash3.31%
Equity96.69%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹92 Cr784,840
↑ 73,161
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
8%₹86 Cr648,343
↑ 59,987
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹79 Cr1,596,951
↑ 45,035
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹69 Cr314,892
↑ 25,771
Triparty Repo
CBLO/Reverse Repo | -
6%₹58 Cr
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
5%₹52 Cr704,542
↑ 26,418
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹40 Cr243,874
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jul 18 | 500034
3%₹34 Cr76,739
↑ 12,674
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
3%₹33 Cr470,681
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
3%₹33 Cr149,509

8. 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 8.6% since its launch.  Ranked 19 in ELSS category.  Return for 2019 was 12.7% , 2018 was -3.8% and 2017 was 33.8% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (03 Apr 20) ₹32.599 ↓ -0.79   (-2.37 %)
Net Assets (Cr) ₹1,135 on 29 Feb 20
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio 0.62
Information Ratio 0.17
Alpha Ratio 6.8
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,199
31 Mar 17₹11,938
31 Mar 18₹12,684
31 Mar 19₹13,976
31 Mar 20₹10,981

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 ₹307,716.
Net Profit of ₹7,716
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 3 Apr 20

DurationReturns
1 Month -29%
3 Month -30.9%
6 Month -24.8%
1 Year -25.3%
3 Year -4.7%
5 Year 0.5%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 19.9%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

Data below for Kotak Tax Saver Scheme as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services26.92%
Basic Materials19.12%
Industrials17.63%
Energy7.49%
Consumer Defensive7.42%
Technology6.28%
Consumer Cyclical5.96%
Utility3.71%
Health Care3.29%
Asset Allocation
Asset ClassValue
Cash1.97%
Equity98%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹75 Cr1,500,000
↑ 100,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
5%₹62 Cr464,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
5%₹57 Cr480,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
5%₹54 Cr775,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
5%₹52 Cr55,000
↑ 10,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
4%₹47 Cr400,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹42 Cr350,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
4%₹41 Cr105,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 19 | KOTAKBANK
3%₹32 Cr200,000
↑ 10,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
3%₹30 Cr150,000

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 2019 was 5.7% , 2018 was -1.7% and 2017 was 35.3% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (03 Apr 20) ₹20.79 ↓ -0.53   (-2.49 %)
Net Assets (Cr) ₹536 on 29 Feb 20
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.53
Sharpe Ratio 0.48
Information Ratio -0.03
Alpha Ratio 4.67
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,401
31 Mar 17₹11,020
31 Mar 18₹12,528
31 Mar 19₹12,658
31 Mar 20₹10,628

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 .
Net Profit of
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 3 Apr 20

DurationReturns
1 Month -23.8%
3 Month -26.1%
6 Month -22.3%
1 Year -20.6%
3 Year -3.2%
5 Year -0.1%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2019 5.7%
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
2011
2010
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Uma Venkatraman1 Jul 181.5 Yr.

Data below for IDBI Equity Advantage Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Consumer Cyclical29.14%
Consumer Defensive20.99%
Financial Services19.63%
Basic Materials12.71%
Industrials8.24%
Health Care4.76%
Energy0.73%
Asset Allocation
Asset ClassValue
Cash3.11%
Equity96.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
7%₹37 Cr242,235
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
6%₹33 Cr1,067,825
Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500043
6%₹31 Cr190,489
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
6%₹31 Cr76,235
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
6%₹31 Cr191,141
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
5%₹29 Cr671,959
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
5%₹29 Cr4,327
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
5%₹29 Cr159,407
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
5%₹26 Cr11,670
Sanofi India Ltd (Healthcare)
Equity, Since 31 Jan 19 | 500674
5%₹26 Cr35,000

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 13.7% since its launch.  Ranked 14 in ELSS category.  Return for 2019 was 6.2% , 2018 was -10.6% and 2017 was 38.4% .

Below is the key information for Sundaram Diversified Equity Fund

Sundaram Diversified Equity Fund
Growth
Launch Date 22 Nov 99
NAV (03 Apr 20) ₹68.2399 ↓ -1.27   (-1.83 %)
Net Assets (Cr) ₹2,452 on 29 Feb 20
Category Equity - ELSS
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.23
Sharpe Ratio 0.15
Information Ratio -0.8
Alpha Ratio -0.04
Min Investment 500
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,484
31 Mar 17₹12,246
31 Mar 18₹13,495
31 Mar 19₹13,846
31 Mar 20₹9,727

Sundaram Diversified Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%

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 3 Apr 20

DurationReturns
1 Month -30.9%
3 Month -34%
6 Month -30%
1 Year -32.8%
3 Year -9.1%
5 Year -1.7%
10 Year
15 Year
Since launch 13.7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 13.1%
Fund Manager information for Sundaram Diversified Equity Fund
NameSinceTenure
S Krishnakumar1 Apr 154.75 Yr.
Dwijendra Srivastava30 Dec 172 Yr.
Rohit Seksaria30 Dec 172 Yr.

Data below for Sundaram Diversified Equity Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services35.2%
Industrials16.24%
Consumer Defensive9.77%
Consumer Cyclical9.25%
Basic Materials8.51%
Energy6.77%
Technology6.23%
Communication Services5.14%
Health Care1.86%
Asset Allocation
Asset ClassValue
Cash1.02%
Equity98.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
6%₹148 Cr1,260,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK
5%₹130 Cr2,617,794
↓ -225,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 12 | RELIANCE
5%₹124 Cr932,087
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 19 | HDFC
4%₹103 Cr472,812
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
4%₹101 Cr1,448,372
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
4%₹94 Cr792,788
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 12 | 500034
4%₹87 Cr194,847
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL
3%₹74 Cr904,668
SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 17 | 540719
3%₹68 Cr763,254
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 19 | 500696
3%₹68 Cr311,533

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 18% since its launch.  Ranked 23 in ELSS category.  Return for 2019 was 10.1% , 2018 was -3.9% and 2017 was 36.2% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (03 Apr 20) ₹243.612 ↓ -4.83   (-1.95 %)
Net Assets (Cr) ₹1,274 on 29 Feb 20
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 0.11
Information Ratio -0.91
Alpha Ratio -4.16
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 15₹10,000
31 Mar 16₹9,508
31 Mar 17₹12,370
31 Mar 18₹13,783
31 Mar 19₹15,282
31 Mar 20₹10,792

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 ₹307,716.
Net Profit of ₹7,716
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 3 Apr 20

DurationReturns
1 Month -30.3%
3 Month -35.6%
6 Month -30.9%
1 Year -33%
3 Year -6.5%
5 Year 0.3%
10 Year
15 Year
Since launch 18%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 28.4%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0712.76 Yr.

Data below for HDFC Long Term Advantage Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services35.69%
Industrials20.08%
Energy12.62%
Technology11.83%
Basic Materials5.47%
Consumer Defensive4.5%
Consumer Cyclical2.26%
Utility2.17%
Communication Services2.14%
Health Care2%
Asset Allocation
Asset ClassValue
Cash1.24%
Equity98.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
10%₹127 Cr1,078,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹127 Cr2,550,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
9%₹116 Cr875,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
8%₹106 Cr1,453,908
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
7%₹87 Cr400,000
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
6%₹79 Cr2,600,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹72 Cr607,500
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹56 Cr2,822,910
Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 520113
4%₹46 Cr400,000
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 500547
3%₹43 Cr1,000,000


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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