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- Multiple Benefits of Tax Saving Through ELSS Under Sec 80C
- Best ELSS Mutual Funds Under Sec 80C
Top 7 Equity - ELSS Funds
Top 7 Best ELSS Tax Saving Funds Under Section 80C
It is that time when everyone is looking to save on the dreaded Income Tax. Many investors invest their money in schemes like Mutual Funds, etc., to save their hard-earned money. With tax season 2018 approaching fast, we bring you the best ELSS tax saving funds to save your income tax. ELSS or Equity Linked Saving Scheme is a Tax Saving Investment through which one can attain deductions up to INR 1,50,000 from their taxable income as per the Section 80C of Income Tax Act. Being a combination of equity and tax saving, ELSS scheme is an optimal gateway to equity. The money you invest grows as the stock market grows. So, the gains are high in Equity Linked Saving Scheme. Before, we look at the multiple benefits of this fund, let’s see the top 7 best ELSS tax saving funds under Section 80C.
Multiple Benefits of Tax Saving Through ELSS Under Sec 80C
ELSS scheme is a simple way to avail dual benefits– save taxes and grow money in stock markets. Likewise, there are many benefits such as:
Tax Saving Through ELSS
An investor is eligible for a tax deduction up to INR 1.5 lac under Sec 80C. This investment of INR 1,50,000 can save tax up to INR 46,350. But, this is only for those investors who are in the 30% income tax bracket. For income tax slab of 20% it is INR 30,000 and for 5% slab it is INR 7,525.
Minimum & Maximum Investment
Investors can invest in Mutual Funds in two ways— SIP and Lump sum. The minimum amount to invest via a SIP is INR 500, for the investment into the ELSS. And for a lump sum it is INR 5000.
Lock-in Period of ELSS
One of the important benefits of ELSS is that it comes with the shortest lock-in period of 3 years compared to other tax saving options.
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Best ELSS Mutual Funds Under Sec 80C
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2018 (%) Mirae Asset Tax Saver Fund Growth ₹17.858
↑ 0.12 ₹1,381 7.3 11 9.5 21.7 -2.3 Motilal Oswal Long Term Equity Fund Growth ₹17.2387
↑ 0.14 ₹1,175 5.2 7.8 -5.4 16.7 -8.7 HDFC Long Term Advantage Fund Growth ₹363.41
↑ 1.95 ₹1,425 5.9 11.3 6.9 16.4 15.4 -3.9 Principal Tax Savings Fund Growth ₹212.45
↑ 1.33 ₹371 5.1 7.7 -1.6 16 16.6 -9.2 IDFC Tax Advantage (ELSS) Fund Growth ₹56.91
↑ 0.25 ₹1,741 7.1 8 -4 15.7 17 -9.4 DSP BlackRock Tax Saver Fund Growth ₹48.715
↑ 0.47 ₹4,740 8.2 13.1 5 15.1 17.8 -7.6 Tata India Tax Savings Fund Growth ₹18.1907
↑ 0.13 ₹1,598 7.1 12.7 2.7 14.9 -8.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Apr 19 100 - 5,000 Crore and have managed funds for over 1 year and sorted on annualized return of part 3 Years.
The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns. Mirae Asset Tax Saver Fund is a Equity - ELSS fund was launched on 28 Dec 15. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset Tax Saver Fund Returns up to 1 year are on (Erstwhile Motilal Oswal MOSt Focused Long Term Fund) The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Motilal Oswal Long Term Equity Fund is a Equity - ELSS fund was launched on 21 Jan 15. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Long Term Equity Fund Returns up to 1 year are on 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 Below is the key information for HDFC Long Term Advantage Fund Returns up to 1 year are on 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 Below is the key information for Principal Tax Savings Fund Returns up to 1 year are on 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 Below is the key information for IDFC Tax Advantage (ELSS) Fund Returns up to 1 year are on The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. DSP BlackRock Tax Saver Fund is a Equity - ELSS fund was launched on 18 Jan 07. It is a fund with Moderately High risk and has given a Below is the key information for DSP BlackRock Tax Saver Fund Returns up to 1 year are on 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 Below is the key information for Tata India Tax Savings Fund Returns up to 1 year are on 1. Mirae Asset Tax Saver Fund
CAGR/Annualized return of 19.2% since its launch. Return for 2018 was -2.3% , 2017 was 47.9% and 2016 was 14.8% . Mirae Asset Tax Saver Fund
Growth Launch Date 28 Dec 15 NAV (16 Apr 19) ₹17.858 ↑ 0.12 (0.70 %) Net Assets (Cr) ₹1,381 on 28 Feb 19 Category Equity - ELSS AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderately High Expense Ratio 2.45 Sharpe Ratio -0.16 Information Ratio 1.59 Alpha Ratio -0.8 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 16 ₹9,670 31 Mar 17 ₹13,372 31 Mar 18 ₹15,531 31 Mar 19 ₹17,502 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 19 Duration Returns 1 Month 2.7% 3 Month 7.3% 6 Month 11% 1 Year 9.5% 3 Year 21.7% 5 Year 10 Year 15 Year Since launch 19.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 -2.3% 2017 47.9% 2016 14.8% 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Mirae Asset Tax Saver Fund
Name Since Tenure Neelesh Surana 28 Dec 15 3.1 Yr. Data below for Mirae Asset Tax Saver Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 30.9% Consumer Cyclical 12.92% Technology 9.65% Industrials 8.69% Consumer Defensive 7.52% Basic Materials 7.14% Health Care 6.23% Energy 5.96% Utility 2.52% Asset Allocation
Asset Class Value Cash 8.47% Equity 91.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK8% ₹143 Cr 615,318
↑ 32,413 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK5% ₹97 Cr 2,423,566
↑ 354,398 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE5% ₹88 Cr 647,376 Net Receivables / (Payables)
Net Current Assets | -4% ₹78 Cr Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322154% ₹78 Cr 1,001,193 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT4% ₹68 Cr 489,055
↑ 223,514 Tri Party Repo
CBLO/Reverse Repo | -4% ₹67 Cr Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY3% ₹59 Cr 799,780
↑ 226,091 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS3% ₹57 Cr 286,820
↑ 20,035 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN3% ₹57 Cr 1,776,357
↑ 100,000 2. Motilal Oswal Long Term Equity Fund
CAGR/Annualized return of 13.7% since its launch. Return for 2018 was -8.7% , 2017 was 44% and 2016 was 12.5% . Motilal Oswal Long Term Equity Fund
Growth Launch Date 21 Jan 15 NAV (16 Apr 19) ₹17.2387 ↑ 0.14 (0.85 %) Net Assets (Cr) ₹1,175 on 28 Feb 19 Category Equity - ELSS AMC Motilal Oswal Asset Management Co. Ltd Rating Risk Moderately High Expense Ratio 2.76 Sharpe Ratio -1 Information Ratio 0.11 Alpha Ratio -10.51 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 15 ₹10,303 31 Mar 16 ₹10,206 31 Mar 17 ₹14,233 31 Mar 18 ₹17,114 31 Mar 19 ₹16,513 Returns for Motilal Oswal Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 19 Duration Returns 1 Month 0.8% 3 Month 5.2% 6 Month 7.8% 1 Year -5.4% 3 Year 16.7% 5 Year 10 Year 15 Year Since launch 13.7% Historical performance (Yearly) on absolute basis
Year Returns 2018 -8.7% 2017 44% 2016 12.5% 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Motilal Oswal Long Term Equity Fund
Name Since Tenure Akash Singhania 8 Apr 19 0 Yr. Gautam Roy 21 Jan 15 4.19 Yr. Snigdha Sharma 23 Jul 18 0.69 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 40.62% Consumer Cyclical 12.8% Industrials 11.26% Technology 10.79% Energy 5.83% Health Care 5.63% Consumer Defensive 3.67% Basic Materials 3.1% Asset Allocation
Asset Class Value Cash 6.3% Equity 93.7% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK8% ₹111 Cr 478,696 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK6% ₹77 Cr 1,925,338 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC6% ₹74 Cr 377,865 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY6% ₹74 Cr 996,661 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT5% ₹71 Cr 509,225
↑ 14,331 Cblo / Reverse Repo Investments
CBLO/Reverse Repo | -4% ₹57 Cr 5,670,000 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | INDUSINDBK4% ₹54 Cr 301,929
↓ -11,907 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 16 | 5000344% ₹49 Cr 162,013 Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jan 15 | EICHERMOT4% ₹48 Cr 23,431 HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 17 | 5407773% ₹44 Cr 1,173,055
↑ 132,035 3. HDFC Long Term Advantage Fund
CAGR/Annualized return of 21.7% since its launch. Ranked 23 in ELSS category. Return for 2018 was -3.9% , 2017 was 36.2% and 2016 was 13% . HDFC Long Term Advantage Fund
Growth Launch Date 2 Jan 01 NAV (16 Apr 19) ₹363.41 ↑ 1.95 (0.54 %) Net Assets (Cr) ₹1,425 on 28 Feb 19 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.49 Sharpe Ratio -0.32 Information Ratio 0.21 Alpha Ratio -7.8 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 14 ₹10,000 31 Mar 15 ₹13,436 31 Mar 16 ₹12,776 31 Mar 17 ₹16,620 31 Mar 18 ₹18,518 31 Mar 19 ₹20,533
Purchase not allowed Returns for HDFC Long Term Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 19 Duration Returns 1 Month 1.5% 3 Month 5.9% 6 Month 11.3% 1 Year 6.9% 3 Year 16.4% 5 Year 15.4% 10 Year 15 Year Since launch 21.7% Historical performance (Yearly) on absolute basis
Year Returns 2018 -3.9% 2017 36.2% 2016 13% 2015 -2.4% 2014 44.7% 2013 11% 2012 28.8% 2011 -23.5% 2010 28.4% 2009 88.9% Fund Manager information for HDFC Long Term Advantage Fund
Name Since Tenure Chirag Setalvad 2 Apr 07 11.84 Yr. Amar Kalkundrikar 10 Jan 19 0.06 Yr. Data below for HDFC Long Term Advantage Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 32.16% Industrials 17.71% Energy 12.65% Basic Materials 10.42% Technology 9.98% Health Care 4.81% Consumer Defensive 4.77% Consumer Cyclical 3.61% Utility 2.03% Communication Services 0.91% Asset Allocation
Asset Class Value Cash 0.94% Equity 99.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK9% ₹140 Cr 605,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE9% ₹136 Cr 1,000,000
↓ -80,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK9% ₹132 Cr 3,300,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY7% ₹108 Cr 1,453,908 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT6% ₹84 Cr 607,500 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN6% ₹83 Cr 2,600,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC5% ₹79 Cr 400,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC5% ₹69 Cr 2,322,910 Carborundum Universal Ltd (Basic Materials)
Equity, Since 30 Jun 03 | 5133753% ₹50 Cr 1,229,000 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 5005473% ₹49 Cr 1,234,548 4. Principal Tax Savings Fund
CAGR/Annualized return of 16.2% since its launch. Ranked 8 in ELSS category. Return for 2018 was -9.2% , 2017 was 48.8% and 2016 was 6.2% . Principal Tax Savings Fund
Growth Launch Date 31 Mar 96 NAV (16 Apr 19) ₹212.45 ↑ 1.33 (0.63 %) Net Assets (Cr) ₹371 on 28 Feb 19 Category Equity - ELSS AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.88 Sharpe Ratio -0.72 Information Ratio 0.28 Alpha Ratio -7.76 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 14 ₹10,000 31 Mar 15 ₹14,275 31 Mar 16 ₹13,486 31 Mar 17 ₹17,948 31 Mar 18 ₹20,892 31 Mar 19 ₹21,402 Returns for Principal Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 19 Duration Returns 1 Month 3% 3 Month 5.1% 6 Month 7.7% 1 Year -1.6% 3 Year 16% 5 Year 16.6% 10 Year 15 Year Since launch 16.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 -9.2% 2017 48.8% 2016 6.2% 2015 2.7% 2014 49.4% 2013 8.5% 2012 46.5% 2011 -30.4% 2010 15% 2009 64.7% Fund Manager information for Principal Tax Savings Fund
Name Since Tenure P.V.K. Mohan 1 Sep 10 8.42 Yr. Data below for Principal Tax Savings Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 30.63% Consumer Defensive 13.09% Basic Materials 10.98% Technology 10.27% Consumer Cyclical 8.81% Industrials 8.34% Utility 5.59% Energy 4.49% Health Care 4.34% Communication Services 1.33% Asset Allocation
Asset Class Value Cash 2.13% Equity 97.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK5% ₹21 Cr 91,334 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹20 Cr 509,143 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE4% ₹18 Cr 134,452 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN4% ₹15 Cr 479,851
↑ 110,000 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹14 Cr 455,396 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS3% ₹13 Cr 66,040
↓ -2,600 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK3% ₹12 Cr 89,915 Tata Power Co Ltd (Utilities)
Equity, Since 30 Nov 17 | 5004003% ₹12 Cr 1,582,240
↑ 140,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT3% ₹11 Cr 77,262 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY2% ₹10 Cr 136,594
↓ -9,000 5. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized return of 18.4% since its launch. Ranked 3 in ELSS category. Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (16 Apr 19) ₹56.91 ↑ 0.25 (0.44 %) Net Assets (Cr) ₹1,741 on 28 Feb 19 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.74 Sharpe Ratio -0.96 Information Ratio -0.07 Alpha Ratio -12.71 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 14 ₹10,000 31 Mar 15 ₹15,445 31 Mar 16 ₹13,889 31 Mar 17 ₹17,705 31 Mar 18 ₹21,674 31 Mar 19 ₹21,875 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 19 Duration Returns 1 Month 2.1% 3 Month 7.1% 6 Month 8% 1 Year -4% 3 Year 15.7% 5 Year 17% 10 Year 15 Year Since launch 18.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 -9.4% 2017 53.4% 2016 0.4% 2015 6.9% 2014 42.2% 2013 15% 2012 36.2% 2011 -23.3% 2010 24% 2009 70.8% Fund Manager information for IDFC Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 2.28 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 27.53% Consumer Cyclical 15.25% Basic Materials 11.55% Industrials 10.1% Technology 8.39% Health Care 6.34% Energy 6.05% Consumer Defensive 3.51% Utility 3.4% Asset Allocation
Asset Class Value Cash 6.87% Equity 92.72% Other 0.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity Triparty Repo
CBLO/Reverse Repo | -6% ₹126 Cr ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK6% ₹124 Cr 3,100,000
↑ 100,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹81 Cr 350,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN4% ₹80 Cr 2,500,000
↑ 100,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE4% ₹75 Cr 550,000 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 5322154% ₹72 Cr 925,000
↑ 25,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹67 Cr 900,000
↓ -50,000 RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK3% ₹54 Cr 800,000 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹52 Cr 1,140,000
↑ 98,246 Nestle India Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | NESTLEIND2% ₹37 Cr 34,000
↑ 4,000 6. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 13.8% since its launch. Ranked 12 in ELSS category. Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (16 Apr 19) ₹48.715 ↑ 0.47 (0.98 %) Net Assets (Cr) ₹4,740 on 28 Feb 19 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.47 Sharpe Ratio -0.41 Information Ratio -0.05 Alpha Ratio -2.17 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 14 ₹10,000 31 Mar 15 ₹15,032 31 Mar 16 ₹14,634 31 Mar 17 ₹19,123 31 Mar 18 ₹20,814 31 Mar 19 ₹22,566 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 19 Duration Returns 1 Month 3.1% 3 Month 8.2% 6 Month 13.1% 1 Year 5% 3 Year 15.1% 5 Year 17.8% 10 Year 15 Year Since launch 13.8% Historical performance (Yearly) on absolute basis
Year Returns 2018 -7.6% 2017 36.3% 2016 11.3% 2015 4.4% 2014 52.2% 2013 6.7% 2012 39.8% 2011 -26.7% 2010 23.3% 2009 84.2% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 3.55 Yr. Data below for DSP BlackRock Tax Saver Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 36.6% Basic Materials 12.08% Technology 9.07% Health Care 8.35% Industrials 8.33% Energy 6.05% Consumer Cyclical 5.7% Consumer Defensive 4.95% Utility 2.72% Real Estate 1.4% Asset Allocation
Asset Class Value Cash 4.76% Equity 95.24% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK9% ₹493 Cr 12,319,427
↑ 268,167 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK8% ₹452 Cr 1,950,336
↑ 111,923 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322155% ₹247 Cr 3,173,488
↑ 275,459 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹224 Cr State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN4% ₹207 Cr 6,468,491
↑ 1,457,666 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT4% ₹193 Cr 1,396,352
↑ 170,434 Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 5008203% ₹147 Cr 981,452
↑ 103,065 Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 31 Aug 17 | BHARATFIN3% ₹146 Cr 1,293,806
↑ 290,857 Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA3% ₹137 Cr 1,748,854
↑ 201,728 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK2% ₹135 Cr 1,013,798
↓ -80,596 7. Tata India Tax Savings Fund
CAGR/Annualized return of 14.2% since its launch. Ranked 1 in ELSS category. Return for 2018 was -8.4% , 2017 was 46% and 2016 was 2.1% . Tata India Tax Savings Fund
Growth Launch Date 13 Oct 14 NAV (16 Apr 19) ₹18.1907 ↑ 0.13 (0.73 %) Net Assets (Cr) ₹1,598 on 28 Feb 19 Category Equity - ELSS AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.61 Sharpe Ratio -0.38 Information Ratio -0.08 Alpha Ratio -10.52 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 15 ₹11,474 31 Mar 16 ₹11,262 31 Mar 17 ₹14,225 31 Mar 18 ₹16,229 31 Mar 19 ₹17,523 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 19 Duration Returns 1 Month 2.1% 3 Month 7.1% 6 Month 12.7% 1 Year 2.7% 3 Year 14.9% 5 Year 10 Year 15 Year Since launch 14.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 -8.4% 2017 46% 2016 2.1% 2015 13.3% 2014 2013 2012 2011 2010 2009 Fund Manager information for Tata India Tax Savings Fund
Name Since Tenure Rupesh Patel 1 Apr 15 3.84 Yr. Ennette Fernandes 18 Jun 18 0.62 Yr. Data below for Tata India Tax Savings Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 41.11% Consumer Cyclical 11.27% Consumer Defensive 9.94% Technology 9.89% Industrials 9.88% Health Care 4.86% Energy 3.85% Basic Materials 2.98% Real Estate 0.71% Asset Allocation
Asset Class Value Cash 5.5% Equity 94.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK9% ₹161 Cr 4,015,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK7% ₹130 Cr 560,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY7% ₹125 Cr 1,680,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322157% ₹117 Cr 1,500,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN6% ₹99 Cr 3,100,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE4% ₹68 Cr 500,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK4% ₹66 Cr 495,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC3% ₹61 Cr 310,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC3% ₹56 Cr 1,900,000 Havells India Ltd (Industrials)
Equity, Since 31 Aug 17 | 5173543% ₹51 Cr 656,000
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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