fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
11 Best performing Tax Saving (ELSS) Mutual Funds to invest in 2021

Fincash » Mutual Funds » Best ELSS Funds

11 Best Tax Saving ELSS Mutual Funds 2021

Updated on June 16, 2021 , 12765 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.

ELSS

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

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 ₹84.1
↓ -0.66
₹3,06914.230.483.813.716.918.7
Tata India Tax Savings Fund Growth ₹24.5254
↓ -0.11
₹2,5606.415.553.912.414.211.9
L&T Tax Advantage Fund Growth ₹72.454
↓ -0.36
₹3,3569.616.656.79.513.513.5
Principal Tax Savings Fund Growth ₹287.25
↓ -0.98
₹50310.818.36111.115.218.9
Kotak Tax Saver Fund Growth ₹63.982
↓ -0.09
₹1,8661120.460.816.11614.9
BOI AXA Tax Advantage Fund Growth ₹87.52
↓ -0.62
₹43613.322.371.916.418.931.2
Invesco India Tax Plan Growth ₹73.56
↓ -0.41
₹1,54410.218.155.613.215.619.2
BNP Paribas Long Term Equity Fund (ELSS) Growth ₹54.362
↓ -0.16
₹4897.313.949.213.81317.8
Sundaram Diversified Equity Fund Growth ₹130.569
↓ -0.20
₹2,2459.517.958.88.211.49.9
HDFC Long Term Advantage Fund Growth ₹500.783
↓ -0.41
₹1,24510.921.865.814.115.411.5
IDBI Equity Advantage Fund Growth ₹33.78
↓ -0.13
₹4957.712.144.97.3118.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Jun 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 18.6% 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 (18 Jun 21) ₹84.1 ↓ -0.66   (-0.78 %)
Net Assets (Cr) ₹3,069 on 30 Apr 21
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.68
Sharpe Ratio 3.13
Information Ratio -0.34
Alpha Ratio 13.88
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹13,042
31 May 18₹15,338
31 May 19₹15,198
31 May 20₹11,186
31 May 21₹22,005

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 ₹458,689.
Net Profit of ₹158,689
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 18 Jun 21

DurationReturns
1 Month 4.1%
3 Month 14.2%
6 Month 30.4%
1 Year 83.8%
3 Year 13.7%
5 Year 16.9%
10 Year
15 Year
Since launch 18.6%
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 164.53 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services19.9%
Basic Materials15.8%
Industrials15.51%
Consumer Cyclical15.25%
Technology12.72%
Health Care7%
Energy4.81%
Communication Services2.97%
Consumer Defensive2.58%
Asset Allocation
Asset ClassValue
Cash3.46%
Equity96.54%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹216 Cr3,600,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
6%₹190 Cr1,400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹134 Cr950,000
↑ 150,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹127 Cr680,000
↓ -120,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹117 Cr3,300,000
↑ 600,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹110 Cr550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹91 Cr1,700,000
↓ -100,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹88 Cr3,000,000
Graphite India Ltd Shs Dematerialised (Industrials)
Equity, Since 30 Sep 18 | 509488
2%₹74 Cr1,016,098
↓ -83,902
NCC Ltd (Industrials)
Equity, Since 28 Feb 19 | NCC
2%₹69 Cr9,300,000

2. Tata India Tax Savings Fund

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

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.4% 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 (18 Jun 21) ₹24.5254 ↓ -0.11   (-0.43 %)
Net Assets (Cr) ₹2,560 on 30 Apr 21
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 2.22
Information Ratio -0.68
Alpha Ratio 4.23
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹12,516
31 May 18₹14,055
31 May 19₹15,039
31 May 20₹12,103
31 May 21₹19,666

Tata India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jun 21

DurationReturns
1 Month 3%
3 Month 6.4%
6 Month 15.5%
1 Year 53.9%
3 Year 12.4%
5 Year 14.2%
10 Year
15 Year
Since launch 14.4%
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 156.09 Yr.
Ennette Fernandes18 Jun 182.87 Yr.

Data below for Tata India Tax Savings Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services36.14%
Technology14.62%
Industrials11.04%
Energy8.42%
Health Care8.13%
Consumer Cyclical8.1%
Basic Materials7.38%
Communication Services3.67%
Real Estate0.71%
Asset Allocation
Asset ClassValue
Cash1.77%
Equity98.23%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
10%₹246 Cr4,100,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
9%₹237 Cr1,750,000
↓ -20,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹212 Cr1,500,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jan 18 | RELIANCE
7%₹174 Cr870,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹156 Cr4,400,000
↓ -925,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹114 Cr470,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹111 Cr1,550,000
↓ -250,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
4%₹94 Cr1,750,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 28 Feb 14 | ULTRACEMCO
3%₹72 Cr115,000
↓ -10,000
Cipla Ltd (Healthcare)
Equity, Since 31 May 20 | 500087
2%₹64 Cr700,000
↓ -50,000

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 13.8% 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 (18 Jun 21) ₹72.454 ↓ -0.36   (-0.49 %)
Net Assets (Cr) ₹3,356 on 30 Apr 21
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.04
Sharpe Ratio 2.79
Information Ratio -1.4
Alpha Ratio 3.56
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹13,108
31 May 18₹14,783
31 May 19₹14,463
31 May 20₹11,646
31 May 21₹18,718

L&T Tax Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for L&T Tax Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jun 21

DurationReturns
1 Month 4.1%
3 Month 9.6%
6 Month 16.6%
1 Year 56.7%
3 Year 9.5%
5 Year 13.5%
10 Year
15 Year
Since launch 13.8%
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 191.37 Yr.
Vihang Naik17 Dec 191.37 Yr.

Data below for L&T Tax Advantage Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services21.15%
Basic Materials16.65%
Consumer Cyclical15.79%
Technology11.24%
Health Care9.6%
Industrials8.19%
Consumer Defensive7.26%
Energy4%
Communication Services2.19%
Asset Allocation
Asset ClassValue
Cash3.93%
Equity96.06%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
4%₹131 Cr970,300
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
4%₹125 Cr2,076,800
Emami Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 531162
3%₹115 Cr2,333,743
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 17 | HCLTECH
3%₹108 Cr1,203,500
Ramco Cements Ltd (Basic Materials)
Equity, Since 30 Jun 14 | RAMCOCEM
3%₹105 Cr1,068,449
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹104 Cr778,000
Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Sep 17 | 540762
3%₹103 Cr836,679
State Bank of India (Financial Services)
Equity, Since 31 Jan 19 | SBIN
3%₹101 Cr2,871,200
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Aug 18 | RELIANCE
3%₹97 Cr487,400
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
3%₹96 Cr315,000

4. Principal Tax Savings Fund

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

Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.1% 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 (18 Jun 21) ₹287.25 ↓ -0.98   (-0.34 %)
Net Assets (Cr) ₹503 on 30 Apr 21
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 2.56
Information Ratio -1.37
Alpha Ratio -1.14
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹13,382
31 May 18₹15,161
31 May 19₹15,224
31 May 20₹12,132
31 May 21₹20,222

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 ₹447,579.
Net Profit of ₹147,579
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 18 Jun 21

DurationReturns
1 Month 5.1%
3 Month 10.8%
6 Month 18.3%
1 Year 61%
3 Year 11.1%
5 Year 15.2%
10 Year
15 Year
Since launch 16.1%
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 191.51 Yr.

Data below for Principal Tax Savings Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services38.39%
Technology11.22%
Consumer Defensive8.9%
Health Care7.97%
Industrials7.88%
Consumer Cyclical6.56%
Basic Materials5.91%
Energy4.17%
Communication Services3.09%
Utility0.99%
Real Estate0.94%
Asset Allocation
Asset ClassValue
Cash1.42%
Equity98.58%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹47 Cr775,890
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
7%₹34 Cr243,576
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
5%₹26 Cr190,534
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹19 Cr534,680
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
4%₹18 Cr248,600
↑ 32,675
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | 542652
3%₹17 Cr112,670
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 18 | BHARTIARTL
3%₹16 Cr289,755
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 19 | MARUTI
3%₹15 Cr23,703
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹15 Cr84,551
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹14 Cr45,454

5. 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 12.7% 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 (18 Jun 21) ₹63.982 ↓ -0.09   (-0.15 %)
Net Assets (Cr) ₹1,866 on 30 Apr 21
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.34
Sharpe Ratio 3.09
Information Ratio 0.5
Alpha Ratio 6.69
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹13,009
31 May 18₹13,564
31 May 19₹15,149
31 May 20₹12,555
31 May 21₹20,778

Kotak Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for Kotak Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jun 21

DurationReturns
1 Month 5.1%
3 Month 11%
6 Month 20.4%
1 Year 60.8%
3 Year 16.1%
5 Year 16%
10 Year
15 Year
Since launch 12.7%
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 155.69 Yr.

Data below for Kotak Tax Saver Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services24.41%
Basic Materials18%
Industrials17.09%
Technology11.21%
Consumer Cyclical9.79%
Health Care7.1%
Utility3.57%
Energy3.21%
Communication Services2.59%
Consumer Defensive1.58%
Asset Allocation
Asset ClassValue
Cash1.44%
Equity98.55%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹150 Cr2,500,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
6%₹108 Cr800,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
4%₹78 Cr550,000
↑ 100,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
4%₹74 Cr2,100,000
↑ 400,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹68 Cr225,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹64 Cr100,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Jun 06 | RELIANCE
3%₹60 Cr300,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 28 Feb 18 | 532286
3%₹60 Cr1,350,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
3%₹52 Cr725,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 21 | BHARTIARTL
3%₹48 Cr900,000

6. 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 19.3% 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 (18 Jun 21) ₹87.52 ↓ -0.62   (-0.70 %)
Net Assets (Cr) ₹436 on 30 Apr 21
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.67
Sharpe Ratio 3.08
Information Ratio 0.12
Alpha Ratio 9.71
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹12,219
31 May 18₹15,442
31 May 19₹14,219
31 May 20₹13,354
31 May 21₹23,371

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 ₹481,656.
Net Profit of ₹181,656
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 18 Jun 21

DurationReturns
1 Month 5.2%
3 Month 13.3%
6 Month 22.3%
1 Year 71.9%
3 Year 16.4%
5 Year 18.9%
10 Year
15 Year
Since launch 19.3%
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 191.8 Yr.

Data below for BOI AXA Tax Advantage Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services26.49%
Basic Materials21.85%
Technology14.09%
Health Care12.71%
Consumer Cyclical8.93%
Communication Services3.47%
Industrials3.42%
Energy2.71%
Consumer Defensive2.14%
Utility1.75%
Asset Allocation
Asset ClassValue
Cash2.45%
Equity97.55%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹25 Cr173,486
↑ 128
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹19 Cr324,164
↑ 3,470
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹17 Cr127,157
↓ -15,752
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
3%₹15 Cr37,059
↑ 1,400
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
3%₹14 Cr57,242
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jan 18 | CHOLAFIN
3%₹13 Cr223,507
Laurus Labs Ltd (Healthcare)
Equity, Since 30 Jun 20 | 540222
3%₹13 Cr278,350
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 19 | 532504
3%₹13 Cr36,703
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Nov 18 | RELIANCE
3%₹12 Cr59,249
↓ -2,200
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Aug 20 | 506401
2%₹10 Cr54,323
↑ 2,502

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 14.8% 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 (18 Jun 21) ₹73.56 ↓ -0.41   (-0.55 %)
Net Assets (Cr) ₹1,544 on 30 Apr 21
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 2.56
Information Ratio -0.24
Alpha Ratio 0.06
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹12,022
31 May 18₹13,983
31 May 19₹14,483
31 May 20₹12,511
31 May 21₹20,436

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 ₹447,579.
Net Profit of ₹147,579
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 18 Jun 21

DurationReturns
1 Month 4.6%
3 Month 10.2%
6 Month 18.1%
1 Year 55.6%
3 Year 13.2%
5 Year 15.6%
10 Year
15 Year
Since launch 14.8%
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 200.66 Yr.
Dhimant Kothari29 Mar 183.09 Yr.

Data below for Invesco India Tax Plan as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services32.31%
Technology15.92%
Consumer Cyclical13.12%
Energy9%
Industrials8.34%
Basic Materials8.19%
Health Care5.46%
Utility3.26%
Consumer Defensive1.37%
Asset Allocation
Asset ClassValue
Cash3.03%
Equity96.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 17 | RELIANCE
9%₹139 Cr696,659
↑ 78,999
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
8%₹129 Cr913,263
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹122 Cr2,031,464
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
7%₹112 Cr824,204
↓ -170,683
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
5%₹73 Cr1,016,758
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹61 Cr351,004
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
3%₹51 Cr133,617
↑ 8,270
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 20 | 532755
3%₹43 Cr448,931
↑ 128,036
Vinati Organics Ltd (Basic Materials)
Equity, Since 29 Feb 20 | 524200
3%₹40 Cr234,281
Motherson Sumi Systems Ltd Shs Dematerialised (Consumer Cyclical)
Equity, Since 31 Dec 20 | MOTHERSUMI
2%₹37 Cr1,724,166
↑ 277,902

8. BNP Paribas Long Term Equity Fund (ELSS)

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

BNP Paribas Long Term Equity Fund (ELSS) is a Equity - ELSS fund was launched on 5 Jan 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.6% 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 (18 Jun 21) ₹54.362 ↓ -0.16   (-0.30 %)
Net Assets (Cr) ₹489 on 30 Apr 21
Category Equity - ELSS
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.41
Sharpe Ratio 2.49
Information Ratio -0.1
Alpha Ratio -0.09
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹11,712
31 May 18₹12,640
31 May 19₹13,347
31 May 20₹11,852
31 May 21₹18,260

BNP Paribas Long Term Equity Fund (ELSS) SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for BNP Paribas Long Term Equity Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jun 21

DurationReturns
1 Month 3.6%
3 Month 7.3%
6 Month 13.9%
1 Year 49.2%
3 Year 13.8%
5 Year 13%
10 Year
15 Year
Since launch 11.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 17.8%
2019 14.3%
2018 -9.3%
2017 42.3%
2016 -6.6%
2015 7.7%
2014 53%
2013 7.7%
2012 34.3%
2011 -15%
Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
NameSinceTenure
Karthikraj Lakshmanan7 Oct 164.57 Yr.
Chockalingam Narayanan1 Apr 210.08 Yr.

Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services38.45%
Technology12.35%
Basic Materials9.65%
Consumer Defensive9.09%
Industrials7.81%
Consumer Cyclical5.28%
Health Care4.17%
Communication Services3.35%
Utility2.92%
Energy1.83%
Real Estate0.9%
Asset Allocation
Asset ClassValue
Cash2.98%
Equity97.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK
9%₹46 Cr758,000
↑ 20,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
9%₹42 Cr296,600
↑ 16,600
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
8%₹38 Cr284,250
↓ -35,750
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹27 Cr375,000
↑ 50,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 18 | TCS
4%₹17 Cr57,500
Voltas Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Oct 18 | VOLTAS
3%₹16 Cr170,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | KOTAKBANK
3%₹12 Cr70,000
Repco Home Finance Ltd (Financial Services)
Equity, Since 31 Mar 19 | 535322
2%₹12 Cr356,750
Steel Authority Of India Ltd Shs Dematerialised (Basic Materials)
Equity, Since 30 Apr 21 | 500113
2%₹11 Cr900,000
↑ 900,000
Tata Consumer Products Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 500800
2%₹11 Cr160,000

9. 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 16.3% 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 (18 Jun 21) ₹130.569 ↓ -0.20   (-0.15 %)
Net Assets (Cr) ₹2,245 on 30 Apr 21
Category Equity - ELSS
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.09
Sharpe Ratio 2.43
Information Ratio -1.49
Alpha Ratio -2.15
Min Investment 500
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹12,915
31 May 18₹13,928
31 May 19₹14,095
31 May 20₹10,495
31 May 21₹17,231

Sundaram Diversified Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Sundaram Diversified Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jun 21

DurationReturns
1 Month 5.2%
3 Month 9.5%
6 Month 17.9%
1 Year 58.8%
3 Year 8.2%
5 Year 11.4%
10 Year
15 Year
Since launch 16.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 9.9%
2019 6.2%
2018 -10.6%
2017 38.4%
2016 6.8%
2015 3.1%
2014 45.7%
2013 1.4%
2012 34.5%
2011 -25.4%
Fund Manager information for Sundaram Diversified Equity Fund
NameSinceTenure
S. Bharath23 Jul 200.77 Yr.
Rohit Seksaria24 Feb 210.18 Yr.

Data below for Sundaram Diversified Equity Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services32.37%
Technology12.66%
Industrials10.51%
Basic Materials10.42%
Energy8.72%
Consumer Defensive8.18%
Consumer Cyclical7.37%
Health Care6.36%
Communication Services2.15%
Utility0.67%
Asset Allocation
Asset ClassValue
Cash0.57%
Equity99.43%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
7%₹166 Cr1,175,000
↓ -5,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Apr 12 | RELIANCE
7%₹160 Cr800,000
↓ -5,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK
7%₹150 Cr2,490,000
↓ -10,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 16 | INFY
6%₹145 Cr1,072,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 19 | HDFC
5%₹111 Cr460,000
↓ -15,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
4%₹100 Cr1,405,000
↓ -15,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 20 | TCS
3%₹70 Cr230,000
↑ 7,000
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 19 | HCLTECH
3%₹69 Cr770,000
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jan 20 | 532504
3%₹69 Cr200,000
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL
3%₹61 Cr640,000
↓ -10,000

10. 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 21.1% 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 (18 Jun 21) ₹500.783 ↓ -0.41   (-0.08 %)
Net Assets (Cr) ₹1,245 on 30 Apr 21
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 2.23
Information Ratio -0.56
Alpha Ratio 5.82
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹12,731
31 May 18₹13,897
31 May 19₹15,320
31 May 20₹11,751
31 May 21₹20,589

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 18 Jun 21

DurationReturns
1 Month 4.9%
3 Month 10.9%
6 Month 21.8%
1 Year 65.8%
3 Year 14.1%
5 Year 15.4%
10 Year
15 Year
Since launch 21.1%
Historical performance (Yearly) on absolute basis
YearReturns
2020 11.5%
2019 10.1%
2018 -3.9%
2017 36.2%
2016 13%
2015 -2.4%
2014 44.7%
2013 11%
2012 28.8%
2011 -23.5%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0714.09 Yr.

Data below for HDFC Long Term Advantage Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services34.66%
Industrials16.69%
Energy11.72%
Technology11.39%
Basic Materials7.14%
Consumer Defensive4.59%
Health Care3.94%
Utility2.65%
Communication Services2.21%
Consumer Cyclical2.09%
Asset Allocation
Asset ClassValue
Cash1.16%
Equity97.08%
Other1.75%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹120 Cr2,000,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹113 Cr800,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 05 | RELIANCE
8%₹104 Cr520,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
8%₹102 Cr750,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
8%₹97 Cr400,000
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%₹74 Cr2,100,000
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
5%₹56 Cr1,026,767
↓ -202,233
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 31 Mar 18 | AUROPHARMA
4%₹49 Cr500,000

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 17% 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 (18 Jun 21) ₹33.78 ↓ -0.13   (-0.38 %)
Net Assets (Cr) ₹495 on 30 Apr 21
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.37
Sharpe Ratio 1.92
Information Ratio -0.84
Alpha Ratio -5.62
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 16₹10,000
31 May 17₹11,789
31 May 18₹13,738
31 May 19₹13,032
31 May 20₹11,456
31 May 21₹16,660

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 ₹395,578.
Net Profit of ₹95,578
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 18 Jun 21

DurationReturns
1 Month 3.8%
3 Month 7.7%
6 Month 12.1%
1 Year 44.9%
3 Year 7.3%
5 Year 11%
10 Year
15 Year
Since launch 17%
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 182.84 Yr.

Data below for IDBI Equity Advantage Fund as on 30 Apr 21

Equity Sector Allocation
SectorValue
Financial Services34.42%
Basic Materials15.58%
Technology15%
Industrials12.46%
Consumer Cyclical8.25%
Energy5.34%
Health Care2.77%
Consumer Defensive1.86%
Communication Services1.74%
Utility1.25%
Asset Allocation
Asset ClassValue
Cash1.33%
Equity98.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCBANK
7%₹36 Cr251,881
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | ICICIBANK
7%₹34 Cr573,143
Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY
7%₹33 Cr241,297
↑ 30,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
4%₹18 Cr102,904
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFC
4%₹17 Cr72,026
↓ -10,000
Happiest Minds Technologies Ltd Ordinary Shares (Technology)
Equity, Since 30 Sep 20 | 543227
3%₹17 Cr235,677
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Sep 20 | RELIANCE
3%₹17 Cr84,485
↓ -40,000
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
3%₹14 Cr251,956
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 31 May 20 | HCLTECH
3%₹14 Cr158,917
Sundaram Finance Ltd (Financial Services)
Equity, Since 30 Sep 13 | SUNDARMFIN
3%₹14 Cr54,984


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.
How helpful was this page ?
Rated 4.5, based on 242 reviews.
POST A COMMENT

Kruti, posted on 23 Nov 18 9:57 PM

Nice article. Highly recommended for guys who are looking to save tax under section 80c.

1 - 1 of 1