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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 February 24, 2021 , 11864 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 ₹74.27
↓ -1.65
₹2,67823.535.334.98.317.918.7
Tata India Tax Savings Fund Growth ₹23.3224
↓ -0.82
₹2,43616.128.822.89.917.211.9
Principal Tax Savings Fund Growth ₹262.87
↓ -8.05
₹47714.827.228.46.717.518.9
L&T Tax Advantage Fund Growth ₹65.549
↓ -1.65
₹3,26511.223.319.45.215.113.5
BOI AXA Tax Advantage Fund Growth ₹77.02
↓ -1.76
₹36814.227.129.711.819.131.2
Invesco India Tax Plan Growth ₹67.06
↓ -1.94
₹1,37713.724.721.511.117.219.2
BNP Paribas Long Term Equity Fund (ELSS) Growth ₹50.695
↓ -1.50
₹47611.922.720.810.814.517.8
HDFC Long Term Advantage Fund Growth ₹460.141
↓ -14.81
₹1,24418.731.22710.118.111.5
Kotak Tax Saver Fund Growth ₹57.797
↓ -1.47
₹1,54014.627.522.311.917.314.9
Sundaram Diversified Equity Fund Growth ₹120.974
↓ -3.79
₹2,28515.727.818.35.314.59.9
IDBI Equity Advantage Fund Growth ₹31.68
↓ -0.88
₹49711.322.114.56128.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 26 Feb 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 17.9% 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 (26 Feb 21) ₹74.27 ↓ -1.65   (-2.17 %)
Net Assets (Cr) ₹2,678 on 31 Jan 21
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.68
Sharpe Ratio 0.51
Information Ratio -0.69
Alpha Ratio 1.02
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹11,478
31 Jan 18₹16,639
31 Jan 19₹14,333
31 Jan 20₹15,456
31 Jan 21₹18,208

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 26 Feb 21

DurationReturns
1 Month 9.2%
3 Month 23.5%
6 Month 35.3%
1 Year 34.9%
3 Year 8.3%
5 Year 17.9%
10 Year
15 Year
Since launch 17.9%
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 164.29 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services19.87%
Consumer Cyclical17.31%
Technology14.13%
Industrials14%
Basic Materials12.67%
Health Care8.06%
Energy5.07%
Communication Services3.72%
Consumer Defensive2.66%
Utility0.25%
Asset Allocation
Asset ClassValue
Cash2.27%
Equity97.72%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹193 Cr3,600,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
6%₹173 Cr1,400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹111 Cr800,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹101 Cr550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
4%₹100 Cr1,800,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
3%₹91 Cr935,484
↓ -64,516
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹79 Cr3,000,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
3%₹76 Cr2,700,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹65 Cr1,800,000
Mastek Ltd (Technology)
Equity, Since 31 Jan 17 | 523704
2%₹63 Cr563,518
↓ -46,482

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 14.2% 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 (26 Feb 21) ₹23.3224 ↓ -0.82   (-3.42 %)
Net Assets (Cr) ₹2,436 on 31 Jan 21
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 0.35
Information Ratio -0.81
Alpha Ratio -3.55
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹11,689
31 Jan 18₹15,692
31 Jan 19₹14,448
31 Jan 20₹16,538
31 Jan 21₹18,307

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 ₹470,047.
Net Profit of ₹170,047
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 26 Feb 21

DurationReturns
1 Month 5.9%
3 Month 16.1%
6 Month 28.8%
1 Year 22.8%
3 Year 9.9%
5 Year 17.2%
10 Year
15 Year
Since launch 14.2%
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
Rupesh Patel1 Apr 155.84 Yr.
Ennette Fernandes18 Jun 182.63 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services35.78%
Technology12.22%
Health Care10.49%
Energy9.89%
Consumer Cyclical8.95%
Industrials8.7%
Basic Materials5.46%
Communication Services5.45%
Consumer Defensive1.48%
Real Estate0.73%
Asset Allocation
Asset ClassValue
Cash0.85%
Equity99.15%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹220 Cr4,100,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
9%₹219 Cr1,770,000
↓ -120,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
9%₹209 Cr1,500,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jan 18 | RELIANCE
7%₹169 Cr920,000
↓ -150,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹150 Cr5,325,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
5%₹133 Cr2,400,000
↑ 100,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹119 Cr1,800,000
↑ 200,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
5%₹112 Cr470,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | M&M
3%₹70 Cr930,000
↓ -40,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 28 Feb 14 | ULTRACEMCO
3%₹67 Cr125,000

3. Principal Tax Savings Fund

To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation.

Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.9% 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 (26 Feb 21) ₹262.87 ↓ -8.05   (-2.97 %)
Net Assets (Cr) ₹477 on 31 Jan 21
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 0.53
Information Ratio -1
Alpha Ratio 1.85
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹12,324
31 Jan 18₹17,240
31 Jan 19₹15,169
31 Jan 20₹15,982
31 Jan 21₹18,804

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 ₹470,047.
Net Profit of ₹170,047
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 26 Feb 21

DurationReturns
1 Month 3.9%
3 Month 14.8%
6 Month 27.2%
1 Year 28.4%
3 Year 6.7%
5 Year 17.5%
10 Year
15 Year
Since launch 15.9%
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 191.26 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services36.7%
Technology10.83%
Consumer Defensive9.84%
Industrials9.61%
Health Care8.16%
Energy6.52%
Consumer Cyclical6.04%
Basic Materials4.25%
Communication Services3.36%
Utility2.06%
Real Estate0.54%
Asset Allocation
Asset ClassValue
Cash0.66%
Equity99.34%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹48 Cr893,418
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
8%₹40 Cr286,001
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
5%₹24 Cr190,534
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 08 | RELIANCE
4%₹18 Cr98,359
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Mar 13 | LT
4%₹18 Cr133,100
↓ -11,040
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹18 Cr624,330
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 18 | BHARTIARTL
3%₹16 Cr289,755
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
3%₹15 Cr230,175
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹14 Cr45,454
↓ -8,847
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | 542652
3%₹14 Cr112,670
↑ 19,400

4. 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 13.4% 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 (26 Feb 21) ₹65.549 ↓ -1.65   (-2.45 %)
Net Assets (Cr) ₹3,265 on 31 Jan 21
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.04
Sharpe Ratio 0.31
Information Ratio -1.45
Alpha Ratio -6.55
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹12,173
31 Jan 18₹16,632
31 Jan 19₹14,532
31 Jan 20₹15,950
31 Jan 21₹17,371

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 26 Feb 21

DurationReturns
1 Month 3.4%
3 Month 11.2%
6 Month 23.3%
1 Year 19.4%
3 Year 5.2%
5 Year 15.1%
10 Year
15 Year
Since launch 13.4%
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
Venugopal Manghat17 Dec 191.13 Yr.
Vihang Naik17 Dec 191.13 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services23.89%
Basic Materials15.04%
Technology14.34%
Consumer Cyclical13.48%
Health Care9.48%
Industrials7.86%
Consumer Defensive7.39%
Energy4.72%
Communication Services2.32%
Asset Allocation
Asset ClassValue
Cash1.46%
Equity98.52%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
5%₹158 Cr2,933,600
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
5%₹153 Cr1,232,500
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
5%₹153 Cr1,097,700
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 17 | HCLTECH
4%₹143 Cr1,560,900
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹134 Cr430,700
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹119 Cr648,400
Emami Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 531162
3%₹113 Cr2,333,743
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹104 Cr778,000
Ramco Cements Ltd (Basic Materials)
Equity, Since 30 Jun 14 | RAMCOCEM
3%₹83 Cr1,068,449
Berger Paints India Ltd (Basic Materials)
Equity, Since 29 Feb 16 | 509480
3%₹83 Cr1,169,800

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 18.5% 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 (26 Feb 21) ₹77.02 ↓ -1.76   (-2.23 %)
Net Assets (Cr) ₹368 on 31 Jan 21
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.67
Sharpe Ratio 0.7
Information Ratio 0.09
Alpha Ratio 6.79
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹11,184
31 Jan 18₹16,274
31 Jan 19₹13,270
31 Jan 20₹16,411
31 Jan 21₹20,211

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 ₹493,520.
Net Profit of ₹193,520
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 26 Feb 21

DurationReturns
1 Month 4.8%
3 Month 14.2%
6 Month 27.1%
1 Year 29.7%
3 Year 11.8%
5 Year 19.1%
10 Year
15 Year
Since launch 18.5%
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 191.55 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services25.09%
Basic Materials16.75%
Technology15.29%
Health Care12.8%
Consumer Cyclical10.22%
Industrials4.95%
Energy3.88%
Consumer Defensive3.08%
Communication Services2.19%
Utility0.31%
Asset Allocation
Asset ClassValue
Cash5.44%
Equity94.56%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹23 Cr168,409
↓ -4,051
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹16 Cr132,748
↑ 8,474
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Nov 18 | RELIANCE
4%₹14 Cr77,629
↓ -16,346
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹14 Cr252,313
↓ -8,582
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
4%₹13 Cr64,642
↓ -2,162
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
3%₹12 Cr34,619
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
3%₹10 Cr57,469
↓ -4,593
Laurus Labs Ltd (Healthcare)
Equity, Since 30 Jun 20 | 540222
3%₹10 Cr278,350
↑ 3,500
SRF Ltd (Basic Materials)
Equity, Since 30 Sep 19 | SRF
2%₹9 Cr17,110
↓ -1,531
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 19 | HDFC
2%₹9 Cr37,811
↓ -1,823

6. 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 14.4% 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 (26 Feb 21) ₹67.06 ↓ -1.94   (-2.81 %)
Net Assets (Cr) ₹1,377 on 31 Jan 21
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.48
Information Ratio -0.06
Alpha Ratio -0.2
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹11,380
31 Jan 18₹15,125
31 Jan 19₹14,341
31 Jan 20₹16,255
31 Jan 21₹18,790

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 26 Feb 21

DurationReturns
1 Month 2.9%
3 Month 13.7%
6 Month 24.7%
1 Year 21.5%
3 Year 11.1%
5 Year 17.2%
10 Year
15 Year
Since launch 14.4%
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 200.41 Yr.
Dhimant Kothari29 Mar 182.85 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services31.54%
Technology17.83%
Consumer Cyclical10.49%
Consumer Defensive7.55%
Industrials7.45%
Basic Materials6.5%
Health Care5.58%
Energy5.32%
Utility2.98%
Communication Services2.93%
Asset Allocation
Asset ClassValue
Cash1.83%
Equity98.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
10%₹133 Cr1,076,677
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
10%₹132 Cr948,078
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹109 Cr2,031,464
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 17 | RELIANCE
5%₹73 Cr397,743
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
4%₹58 Cr254,612
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹54 Cr316,379
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹46 Cr691,287
↑ 52,778
L&T Technology Services Ltd (Technology)
Equity, Since 31 Aug 20 | LTTS
3%₹41 Cr167,264
↓ -11,950
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
3%₹40 Cr728,066
↓ -59,273
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
3%₹38 Cr94,286
↓ -16,737

7. 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 11.3% 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 (26 Feb 21) ₹50.695 ↓ -1.50   (-2.88 %)
Net Assets (Cr) ₹476 on 31 Jan 21
Category Equity - ELSS
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.41
Sharpe Ratio 0.44
Information Ratio 0.02
Alpha Ratio -0.6
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹10,788
31 Jan 18₹14,139
31 Jan 19₹12,950
31 Jan 20₹15,339
31 Jan 21₹17,395

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 26 Feb 21

DurationReturns
1 Month 2.2%
3 Month 11.9%
6 Month 22.7%
1 Year 20.8%
3 Year 10.8%
5 Year 14.5%
10 Year
15 Year
Since launch 11.3%
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
Abhijeet Dey16 Nov 164.21 Yr.
Karthikraj Lakshmanan7 Oct 164.32 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services33.27%
Technology15.22%
Consumer Defensive11.95%
Industrials7.34%
Communication Services6.87%
Basic Materials6.26%
Health Care6.01%
Consumer Cyclical4.32%
Utility2%
Energy1.74%
Real Estate1.11%
Asset Allocation
Asset ClassValue
Cash2.23%
Equity97.77%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
9%₹42 Cr340,000
↓ -35,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
8%₹39 Cr280,000
↓ -15,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK
8%₹37 Cr698,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
4%₹20 Cr370,000
↓ -25,950
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 18 | TCS
4%₹20 Cr65,000
↓ -5,000
Voltas Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Oct 18 | VOLTAS
4%₹17 Cr190,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
3%₹16 Cr245,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
3%₹14 Cr61,923
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | KOTAKBANK
3%₹12 Cr70,000
SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Jun 19 | 540719
2%₹12 Cr135,000

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 20.9% 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 (26 Feb 21) ₹460.141 ↓ -14.81   (-3.12 %)
Net Assets (Cr) ₹1,244 on 31 Jan 21
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 0.37
Information Ratio -1.15
Alpha Ratio -2.93
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹12,479
31 Jan 18₹16,610
31 Jan 19₹15,565
31 Jan 20₹17,075
31 Jan 21₹19,068

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 ₹481,656.
Net Profit of ₹181,656
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 26 Feb 21

DurationReturns
1 Month 6.9%
3 Month 18.7%
6 Month 31.2%
1 Year 27%
3 Year 10.1%
5 Year 18.1%
10 Year
15 Year
Since launch 20.9%
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 0713.84 Yr.
Anand Laddha21 Oct 200.28 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services34.44%
Industrials19.04%
Energy10.99%
Technology10.25%
Basic Materials6.51%
Consumer Defensive4.76%
Health Care3.68%
Communication Services2.33%
Utility2.25%
Consumer Cyclical1.84%
Asset Allocation
Asset ClassValue
Cash3.9%
Equity96.1%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
10%₹118 Cr850,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹107 Cr2,000,000
↓ -400,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 05 | RELIANCE
8%₹96 Cr520,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
8%₹95 Cr400,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹93 Cr750,000
↓ -250,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Oct 07 | LT
7%₹81 Cr607,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
6%₹73 Cr2,600,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
5%₹57 Cr2,822,910
Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 03 | 513375
4%₹50 Cr1,229,000
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 31 Mar 18 | AUROPHARMA
4%₹45 Cr500,000

9. 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 12.2% 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 (26 Feb 21) ₹57.797 ↓ -1.47   (-2.48 %)
Net Assets (Cr) ₹1,540 on 31 Jan 21
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.34
Sharpe Ratio 0.36
Information Ratio 0.32
Alpha Ratio -3.79
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹12,259
31 Jan 18₹15,279
31 Jan 19₹14,629
31 Jan 20₹17,259
31 Jan 21₹19,158

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 ₹470,047.
Net Profit of ₹170,047
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 26 Feb 21

DurationReturns
1 Month 4.9%
3 Month 14.6%
6 Month 27.5%
1 Year 22.3%
3 Year 11.9%
5 Year 17.3%
10 Year
15 Year
Since launch 12.2%
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 155.44 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services18.04%
Basic Materials17.11%
Industrials14.78%
Technology14.36%
Consumer Cyclical8.28%
Consumer Defensive8.13%
Health Care7.42%
Energy4.79%
Utility2.88%
Asset Allocation
Asset ClassValue
Cash4.18%
Equity95.79%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
7%₹102 Cr825,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
5%₹84 Cr271,027
↓ -330
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹81 Cr1,500,000
↓ -200,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Jun 06 | RELIANCE
5%₹74 Cr400,000
↓ -50,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
4%₹61 Cr270,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
4%₹56 Cr105,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
3%₹53 Cr380,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
3%₹48 Cr725,000
Cipla Ltd (Healthcare)
Equity, Since 30 Nov 20 | 500087
3%₹41 Cr500,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 28 Feb 14 | LT
3%₹40 Cr300,000

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 16.1% 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 (26 Feb 21) ₹120.974 ↓ -3.79   (-3.04 %)
Net Assets (Cr) ₹2,285 on 31 Jan 21
Category Equity - ELSS
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.09
Sharpe Ratio 0.26
Information Ratio -1.33
Alpha Ratio -8.38
Min Investment 500
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹12,189
31 Jan 18₹15,659
31 Jan 19₹13,780
31 Jan 20₹15,139
31 Jan 21₹16,179

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 ₹436,710.
Net Profit of ₹136,710
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 26 Feb 21

DurationReturns
1 Month 5.4%
3 Month 15.7%
6 Month 27.8%
1 Year 18.3%
3 Year 5.3%
5 Year 14.5%
10 Year
15 Year
Since launch 16.1%
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 Krishnakumar1 Apr 155.84 Yr.
S. Bharath23 Jul 200.53 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services32.43%
Technology12.46%
Industrials10.33%
Consumer Cyclical9.83%
Consumer Defensive9.04%
Basic Materials8.91%
Energy7.97%
Health Care5.88%
Communication Services3.22%
Asset Allocation
Asset ClassValue
Equity100.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
7%₹167 Cr1,200,000
↓ -12,027
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Apr 12 | RELIANCE
7%₹155 Cr840,000
↓ -40,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK
6%₹138 Cr2,570,000
↓ -27,794
Infosys Ltd (Technology)
Equity, Since 30 Nov 16 | INFY
6%₹134 Cr1,085,500
↓ -1,580
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 19 | HDFC
5%₹115 Cr484,000
↓ -6,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
4%₹99 Cr1,500,000
↓ -23,372
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 19 | HCLTECH
3%₹78 Cr857,500
↓ -6,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL
3%₹74 Cr1,330,000
↓ -100,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 20 | TCS
3%₹72 Cr231,000
↓ -9,045
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL
3%₹66 Cr730,000
↓ -39,000

11. 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 16.7% 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 (26 Feb 21) ₹31.68 ↓ -0.88   (-2.70 %)
Net Assets (Cr) ₹497 on 31 Jan 21
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.37
Sharpe Ratio 0.14
Information Ratio -0.44
Alpha Ratio -9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹10,000
31 Jan 17₹11,111
31 Jan 18₹14,167
31 Jan 19₹13,263
31 Jan 20₹15,066
31 Jan 21₹15,732

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 ₹415,684.
Net Profit of ₹115,684
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 26 Feb 21

DurationReturns
1 Month 2.7%
3 Month 11.3%
6 Month 22.1%
1 Year 14.5%
3 Year 6%
5 Year 12%
10 Year
15 Year
Since launch 16.7%
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
Uma Venkatraman1 Jul 182.59 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services31.32%
Basic Materials13.41%
Consumer Cyclical13.34%
Technology12.24%
Consumer Defensive9.66%
Health Care6.64%
Energy6.37%
Industrials5.17%
Communication Services1.01%
Asset Allocation
Asset ClassValue
Cash0.82%
Equity99.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCBANK
7%₹35 Cr251,881
↑ 33,800
Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY
5%₹26 Cr211,297
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Sep 20 | RELIANCE
5%₹23 Cr124,485
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | ICICIBANK
4%₹22 Cr403,143
↑ 100,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 20 | 500034
4%₹21 Cr43,519
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
4%₹20 Cr501,956
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFC
4%₹20 Cr82,026
↑ 20,000
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
4%₹18 Cr73,755
↓ -20,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
4%₹18 Cr102,904
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
3%₹17 Cr306,401


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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