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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 January 17, 2021 , 11391 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 ₹68.77
↑ 0.95
₹2,68026.539.420.64.314.218.7
Tata India Tax Savings Fund Growth ₹22.4557
↑ 0.34
₹2,48121.432.614.66.514.611.9
Principal Tax Savings Fund Growth ₹257.67
↑ 4.08
₹48524.934.521.14.11518.9
L&T Tax Advantage Fund Growth ₹64.756
↑ 0.85
₹3,4392031.612.7313.413.5
BOI AXA Tax Advantage Fund Growth ₹74.95
↑ 1.11
₹37620.138.331.48.51731.2
Invesco India Tax Plan Growth ₹65.84
↑ 1.06
₹1,38620.830.919.69.114.919.2
BNP Paribas Long Term Equity Fund (ELSS) Growth ₹50.353
↑ 0.71
₹49020.630.118.68.212.917.8
Kotak Tax Saver Fund Growth ₹55.7
↑ 0.76
₹1,52719.730.614.78.71514.9
HDFC Long Term Advantage Fund Growth ₹436.455
↑ 5.65
₹1,28824.83414.76.415.211.5
Sundaram Diversified Equity Fund Growth ₹116.985
↑ 1.72
₹2,40822.232.6112.311.89.9
IDBI Equity Advantage Fund Growth ₹31.43
↑ 0.52
₹52821.227.48.54.510.98.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Jan 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 17.3% since its launch.  Ranked 3 in ELSS category.  Return for 2020 was 18.7% , 2019 was 1.9% and 2018 was -9.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (19 Jan 21) ₹68.77 ↑ 0.95   (1.40 %)
Net Assets (Cr) ₹2,680 on 31 Dec 20
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.68
Sharpe Ratio 0.53
Information Ratio -0.97
Alpha Ratio 0.29
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,042
31 Dec 17₹15,399
31 Dec 18₹13,951
31 Dec 19₹14,223
31 Dec 20₹16,883

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 ₹436,710.
Net Profit of ₹136,710
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 19 Jan 21

DurationReturns
1 Month 6.6%
3 Month 26.5%
6 Month 39.4%
1 Year 20.6%
3 Year 4.3%
5 Year 14.2%
10 Year
15 Year
Since launch 17.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%
2012 36.2%
2011 -23.3%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 164.2 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services20.24%
Consumer Cyclical15.29%
Technology14.34%
Industrials14.05%
Basic Materials11.51%
Health Care9.29%
Energy5.35%
Consumer Defensive4.2%
Communication Services3.42%
Utility0.28%
Asset Allocation
Asset ClassValue
Cash2.02%
Equity97.97%
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
7%₹176 Cr1,400,000
↑ 50,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹115 Cr800,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹109 Cr550,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹94 Cr1,000,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹92 Cr1,800,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
3%₹74 Cr2,700,000
Mastek Ltd (Technology)
Equity, Since 31 Jan 17 | 523704
3%₹69 Cr610,000
↓ -27,500
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹66 Cr1,800,000
Birlasoft Ltd (Technology)
Equity, Since 31 Jul 17 | 532400
2%₹64 Cr2,600,000
↓ -100,000

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 13.8% 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 (19 Jan 21) ₹22.4557 ↑ 0.34   (1.53 %)
Net Assets (Cr) ₹2,481 on 31 Dec 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 0.38
Information Ratio -1.18
Alpha Ratio -4.32
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,214
31 Dec 17₹14,913
31 Dec 18₹13,663
31 Dec 19₹15,520
31 Dec 20₹17,364

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 19 Jan 21

DurationReturns
1 Month 5.8%
3 Month 21.4%
6 Month 32.6%
1 Year 14.6%
3 Year 6.5%
5 Year 14.6%
10 Year
15 Year
Since launch 13.8%
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 155.76 Yr.
Ennette Fernandes18 Jun 182.54 Yr.

Data below for Tata India Tax Savings Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services35.17%
Technology12.57%
Energy11.43%
Health Care10.78%
Consumer Cyclical9.28%
Industrials6.98%
Basic Materials5.52%
Communication Services4.73%
Consumer Defensive1.51%
Real Estate0.73%
Asset Allocation
Asset ClassValue
Cash1.3%
Equity98.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
10%₹237 Cr1,890,000
↓ -80,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹219 Cr4,100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
9%₹215 Cr1,500,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
9%₹212 Cr1,070,000
↓ -130,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹146 Cr5,325,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
5%₹120 Cr470,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
5%₹117 Cr2,300,000
↑ 200,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹99 Cr1,600,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 17 | DIVISLAB
3%₹73 Cr190,000
↓ -10,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
3%₹72 Cr360,000

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 (19 Jan 21) ₹257.67 ↑ 4.08   (1.61 %)
Net Assets (Cr) ₹485 on 31 Dec 20
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 0.56
Information Ratio -1.27
Alpha Ratio 1.2
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,619
31 Dec 17₹15,801
31 Dec 18₹14,348
31 Dec 19₹14,703
31 Dec 20₹17,481

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 19 Jan 21

DurationReturns
1 Month 6.1%
3 Month 24.9%
6 Month 34.5%
1 Year 21.1%
3 Year 4.1%
5 Year 15%
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 191.18 Yr.

Data below for Principal Tax Savings Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services36.51%
Technology11.27%
Health Care9.37%
Industrials9.34%
Consumer Defensive8.44%
Energy6.69%
Consumer Cyclical5.84%
Basic Materials5.21%
Communication Services3.04%
Utility2.33%
Asset Allocation
Asset ClassValue
Cash0.32%
Equity99.68%
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%₹41 Cr286,001
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
5%₹24 Cr190,534
↑ 12,970
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
4%₹20 Cr98,359
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
4%₹19 Cr144,140
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹17 Cr624,330
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹17 Cr84,321
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹16 Cr54,301
↓ -5,080
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 18 | BHARTIARTL
3%₹15 Cr289,755
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
3%₹14 Cr230,175

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 (19 Jan 21) ₹64.756 ↑ 0.85   (1.33 %)
Net Assets (Cr) ₹3,439 on 31 Dec 20
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.04
Sharpe Ratio 0.42
Information Ratio -1.5
Alpha Ratio -3.61
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,813
31 Dec 17₹15,384
31 Dec 18₹14,140
31 Dec 19₹14,798
31 Dec 20₹16,789

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 19 Jan 21

DurationReturns
1 Month 4.2%
3 Month 20%
6 Month 31.6%
1 Year 12.7%
3 Year 3%
5 Year 13.4%
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 191.04 Yr.
Vihang Naik17 Dec 191.04 Yr.

Data below for L&T Tax Advantage Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services23.73%
Basic Materials15.07%
Consumer Cyclical13.77%
Technology13.51%
Health Care10.23%
Industrials7.26%
Consumer Defensive6.77%
Energy4.63%
Communication Services2.03%
Asset Allocation
Asset ClassValue
Cash2.98%
Equity97%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
5%₹158 Cr1,097,700
↑ 244,300
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
5%₹157 Cr2,933,600
↓ -672,200
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
5%₹155 Cr1,232,500
↓ -137,700
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
4%₹148 Cr1,560,900
↓ -197,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹129 Cr648,400
↓ -169,600
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹123 Cr430,700
↓ -61,200
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹100 Cr778,000
Emami Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 531162
3%₹99 Cr2,333,743
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | 540716
3%₹93 Cr609,000
Berger Paints India Ltd (Basic Materials)
Equity, Since 29 Feb 16 | 509480
3%₹89 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 18.4% since its launch.  Ranked 13 in ELSS category.  Return for 2020 was 31.2% , 2019 was 14.6% and 2018 was -16.3% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (19 Jan 21) ₹74.95 ↑ 1.11   (1.50 %)
Net Assets (Cr) ₹376 on 31 Dec 20
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.67
Sharpe Ratio 0.91
Information Ratio -0.03
Alpha Ratio 11.92
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,876
31 Dec 17₹15,571
31 Dec 18₹13,026
31 Dec 19₹14,929
31 Dec 20₹19,586

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 ₹470,047.
Net Profit of ₹170,047
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 19 Jan 21

DurationReturns
1 Month 4.7%
3 Month 20.1%
6 Month 38.3%
1 Year 31.4%
3 Year 8.5%
5 Year 17%
10 Year
15 Year
Since launch 18.4%
Historical performance (Yearly) on absolute basis
YearReturns
2020 31.2%
2019 14.6%
2018 -16.3%
2017 57.7%
2016 -1.2%
2015 2.1%
2014 44%
2013 9.1%
2012 24.8%
2011 -24.1%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 191.47 Yr.

Data below for BOI AXA Tax Advantage Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services26.76%
Basic Materials17.76%
Technology14.68%
Health Care13.92%
Consumer Cyclical9.4%
Energy4.97%
Industrials4.29%
Consumer Defensive3.2%
Communication Services2.42%
Asset Allocation
Asset ClassValue
Cash2.07%
Equity97.93%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
7%₹25 Cr172,460
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
5%₹19 Cr93,975
↑ 879
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹16 Cr124,274
↑ 7,367
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
4%₹15 Cr66,804
↓ -1,518
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹14 Cr260,895
↓ -14,164
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
4%₹13 Cr34,619
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
3%₹12 Cr62,062
↓ -9,806
SRF Ltd (Basic Materials)
Equity, Since 30 Sep 19 | SRF
3%₹10 Cr18,641
↓ -333
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 19 | HDFC
3%₹10 Cr39,634
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 19 | 532504
3%₹10 Cr37,433

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 14.3% 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 (19 Jan 21) ₹65.84 ↑ 1.06   (1.64 %)
Net Assets (Cr) ₹1,386 on 31 Dec 20
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.57
Information Ratio -0.17
Alpha Ratio 1.74
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,342
31 Dec 17₹14,039
31 Dec 18₹13,864
31 Dec 19₹15,171
31 Dec 20₹18,078

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 ₹436,710.
Net Profit of ₹136,710
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 19 Jan 21

DurationReturns
1 Month 5.7%
3 Month 20.8%
6 Month 30.9%
1 Year 19.6%
3 Year 9.1%
5 Year 14.9%
10 Year
15 Year
Since launch 14.3%
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 200.33 Yr.
Dhimant Kothari29 Mar 182.76 Yr.

Data below for Invesco India Tax Plan as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services30.62%
Technology18.04%
Consumer Cyclical10.71%
Consumer Defensive7.62%
Industrials6.87%
Basic Materials6.57%
Energy5.7%
Health Care5.55%
Utility3.18%
Communication Services2.9%
Real Estate0.9%
Asset Allocation
Asset ClassValue
Cash1.35%
Equity98.65%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
10%₹136 Cr948,078
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
10%₹135 Cr1,076,677
↑ 105,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹109 Cr2,031,464
↑ 66,661
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
6%₹79 Cr397,743
↓ -21,877
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
5%₹63 Cr316,379
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
4%₹61 Cr254,612
L&T Technology Services Ltd (Technology)
Equity, Since 31 Aug 20 | LTTS
3%₹42 Cr179,214
↑ 32,921
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
3%₹40 Cr787,339
↓ -274,498
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹40 Cr638,509
↑ 638,509
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
3%₹38 Cr111,023
↑ 29,347

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 (19 Jan 21) ₹50.353 ↑ 0.71   (1.43 %)
Net Assets (Cr) ₹490 on 31 Dec 20
Category Equity - ELSS
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.41
Sharpe Ratio 0.57
Information Ratio -0.32
Alpha Ratio 2.16
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,338
31 Dec 17₹13,292
31 Dec 18₹12,055
31 Dec 19₹13,773
31 Dec 20₹16,222

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 ₹415,684.
Net Profit of ₹115,684
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 19 Jan 21

DurationReturns
1 Month 5.5%
3 Month 20.6%
6 Month 30.1%
1 Year 18.6%
3 Year 8.2%
5 Year 12.9%
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 164.13 Yr.
Karthikraj Lakshmanan7 Oct 164.24 Yr.

Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services33.45%
Technology16.03%
Consumer Defensive11.81%
Industrials7.06%
Communication Services6.38%
Basic Materials6.25%
Health Care6.07%
Consumer Cyclical4.51%
Utility2.31%
Energy1.82%
Real Estate1.19%
Asset Allocation
Asset ClassValue
Cash1.74%
Equity98.26%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
10%₹47 Cr375,000
↓ -40,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK
9%₹42 Cr295,000
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 Cr395,950
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 18 | TCS
4%₹20 Cr70,000
Voltas Ltd (Industrials)
Equity, Since 31 Oct 18 | VOLTAS
3%₹16 Cr190,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
3%₹15 Cr245,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
3%₹15 Cr61,923
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | KOTAKBANK
3%₹14 Cr70,000
SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Jun 19 | 540719
2%₹12 Cr135,000

8. 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% 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 (19 Jan 21) ₹55.7 ↑ 0.76   (1.37 %)
Net Assets (Cr) ₹1,527 on 31 Dec 20
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.34
Sharpe Ratio 0.46
Information Ratio -0.07
Alpha Ratio -1.88
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,746
31 Dec 17₹14,374
31 Dec 18₹13,827
31 Dec 19₹15,579
31 Dec 20₹17,907

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 ₹436,710.
Net Profit of ₹136,710
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 19 Jan 21

DurationReturns
1 Month 4.8%
3 Month 19.7%
6 Month 30.6%
1 Year 14.7%
3 Year 8.7%
5 Year 15%
10 Year
15 Year
Since launch 12%
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 155.36 Yr.

Data below for Kotak Tax Saver Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services18.87%
Basic Materials17.41%
Industrials14.24%
Technology14.18%
Consumer Defensive8.46%
Consumer Cyclical8%
Health Care7.91%
Energy5.85%
Utility3.04%
Asset Allocation
Asset ClassValue
Cash2.03%
Equity97.95%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
7%₹104 Cr825,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹91 Cr1,700,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
6%₹89 Cr450,000
↓ -56,666
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
5%₹78 Cr271,357
↓ -28,643
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
4%₹65 Cr270,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
4%₹59 Cr105,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
4%₹55 Cr380,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
3%₹45 Cr725,000
↓ -25,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | 500124
3%₹42 Cr80,000
Cipla Ltd (Healthcare)
Equity, Since 30 Nov 20 | 500087
3%₹41 Cr500,000
↑ 300,000

9. 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 20.7% 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 (19 Jan 21) ₹436.455 ↑ 5.65   (1.31 %)
Net Assets (Cr) ₹1,288 on 31 Dec 20
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 0.37
Information Ratio -1.6
Alpha Ratio -5.14
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,302
31 Dec 17₹15,393
31 Dec 18₹14,792
31 Dec 19₹16,287
31 Dec 20₹18,160

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 19 Jan 21

DurationReturns
1 Month 6.2%
3 Month 24.8%
6 Month 34%
1 Year 14.7%
3 Year 6.4%
5 Year 15.2%
10 Year
15 Year
Since launch 20.7%
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 0713.76 Yr.
Anand Laddha21 Oct 200.2 Yr.

Data below for HDFC Long Term Advantage Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services35.64%
Industrials20.94%
Technology12.34%
Energy11.2%
Basic Materials5.8%
Consumer Defensive4.73%
Health Care3.6%
Utility2.24%
Communication Services2.07%
Consumer Cyclical1.36%
Asset Allocation
Asset ClassValue
Cash0.09%
Equity99.91%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹128 Cr2,400,000
↓ -73,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
10%₹126 Cr1,000,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹122 Cr850,000
↓ -50,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
8%₹103 Cr520,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
8%₹102 Cr400,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹78 Cr607,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
6%₹71 Cr2,600,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
5%₹59 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%₹46 Cr500,000

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% 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 (19 Jan 21) ₹116.985 ↑ 1.72   (1.49 %)
Net Assets (Cr) ₹2,408 on 31 Dec 20
Category Equity - ELSS
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.09
Sharpe Ratio 0.33
Information Ratio -1.54
Alpha Ratio -6.87
Min Investment 500
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,684
31 Dec 17₹14,790
31 Dec 18₹13,221
31 Dec 19₹14,036
31 Dec 20₹15,419

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 19 Jan 21

DurationReturns
1 Month 5.6%
3 Month 22.2%
6 Month 32.6%
1 Year 11%
3 Year 2.3%
5 Year 11.8%
10 Year
15 Year
Since launch 16%
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 155.76 Yr.
S. Bharath23 Jul 200.44 Yr.

Data below for Sundaram Diversified Equity Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services33.04%
Technology11.92%
Industrials9.83%
Consumer Defensive9.34%
Consumer Cyclical9.33%
Basic Materials8.95%
Energy8.4%
Health Care6.13%
Communication Services3.03%
Asset Allocation
Asset ClassValue
Cash0.04%
Equity99.96%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 12 | RELIANCE
7%₹175 Cr880,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
7%₹174 Cr1,212,027
↓ -7,983
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK
6%₹139 Cr2,597,794
Infosys Ltd (Technology)
Equity, Since 30 Nov 16 | INFY
6%₹137 Cr1,087,080
↑ 154,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 19 | HDFC
5%₹125 Cr490,000
↓ -2,500
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
4%₹95 Cr1,523,372
HCL Technologies Ltd (Technology)
Equity, Since 30 Apr 19 | HCLTECH
3%₹82 Cr864,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL
3%₹73 Cr1,430,000
↓ -70,000
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL
3%₹70 Cr769,000
↓ -81,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 20 | TCS
3%₹69 Cr240,045

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 16.8% 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 (19 Jan 21) ₹31.43 ↑ 0.52   (1.68 %)
Net Assets (Cr) ₹528 on 31 Dec 20
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.37
Sharpe Ratio 0.27
Information Ratio -0.56
Alpha Ratio -6.15
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,995
31 Dec 17₹13,526
31 Dec 18₹13,292
31 Dec 19₹14,049
31 Dec 20₹15,224

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 19 Jan 21

DurationReturns
1 Month 4.3%
3 Month 21.2%
6 Month 27.4%
1 Year 8.5%
3 Year 4.5%
5 Year 10.9%
10 Year
15 Year
Since launch 16.8%
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 182.51 Yr.

Data below for IDBI Equity Advantage Fund as on 31 Dec 20

Equity Sector Allocation
SectorValue
Financial Services28.2%
Basic Materials14.95%
Consumer Cyclical13.19%
Consumer Defensive11.9%
Technology11.68%
Health Care6.65%
Energy6.32%
Industrials3.69%
Communication Services0.84%
Asset Allocation
Asset ClassValue
Cash2.58%
Equity97.42%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | HDFCBANK
6%₹31 Cr218,081
↓ -8,589
Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY
5%₹27 Cr211,297
↓ -8,375
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
5%₹26 Cr93,755
↓ -3,690
Reliance Industries Ltd (Energy)
Equity, Since 30 Sep 20 | RELIANCE
5%₹25 Cr124,485
↓ -4,950
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 20 | 500034
4%₹23 Cr43,519
↓ -1,724
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
4%₹21 Cr102,904
↓ -24,113
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
4%₹19 Cr501,956
↓ -19,970
Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500043
4%₹19 Cr119,169
↓ -34,724
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
3%₹18 Cr48,686
↓ -1,982
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | ICICIBANK
3%₹16 Cr303,143
↑ 90,000


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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