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Top 7 Best ELSS Tax Saving Funds Under Section 80C | Fincash.com

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Top 7 Best ELSS Tax Saving Funds Under Section 80C

Updated on April 14, 2019 , 67 views

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

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Mirae Asset Tax Saver Fund Growth ₹17.858
↑ 0.12
₹1,3817.3119.521.7 -2.3
Motilal Oswal Long Term Equity Fund Growth ₹17.2387
↑ 0.14
₹1,1755.27.8-5.416.7 -8.7
HDFC Long Term Advantage Fund Growth ₹363.41
↑ 1.95
₹1,4255.911.36.916.415.4-3.9
Principal Tax Savings Fund Growth ₹212.45
↑ 1.33
₹3715.17.7-1.61616.6-9.2
IDFC Tax Advantage (ELSS) Fund Growth ₹56.91
↑ 0.25
₹1,7417.18-415.717-9.4
DSP BlackRock Tax Saver Fund Growth ₹48.715
↑ 0.47
₹4,7408.213.1515.117.8-7.6
Tata India Tax Savings Fund Growth ₹18.1907
↑ 0.13
₹1,5987.112.72.714.9 -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
*Above is list of Equity Linked Saving Sechemes having net Assets higher between 100 - 5,000 Crore and have managed funds for over 1 year and sorted on annualized return of part 3 Years.

1. Mirae Asset Tax Saver 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. 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 CAGR/Annualized return of 19.2% since its launch.  Return for 2018 was -2.3% , 2017 was 47.9% and 2016 was 14.8% .

Below is the key information for Mirae Asset Tax Saver Fund

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 Not Rated
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.

DateValue
31 Mar 16₹9,670
31 Mar 17₹13,372
31 Mar 18₹15,531
31 Mar 19₹17,502

Mirae Asset 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 ₹518,033.
Net Profit of ₹218,033
Invest Now

Returns for Mirae Asset 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 16 Apr 19

DurationReturns
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
YearReturns
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
NameSinceTenure
Neelesh Surana28 Dec 153.1 Yr.

Data below for Mirae Asset Tax Saver Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services30.9%
Consumer Cyclical12.92%
Technology9.65%
Industrials8.69%
Consumer Defensive7.52%
Basic Materials7.14%
Health Care6.23%
Energy5.96%
Utility2.52%
Asset Allocation
Asset ClassValue
Cash8.47%
Equity91.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹143 Cr615,318
↑ 32,413
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
5%₹97 Cr2,423,566
↑ 354,398
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
5%₹88 Cr647,376
Net Receivables / (Payables)
Net Current Assets | -
4%₹78 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
4%₹78 Cr1,001,193
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
4%₹68 Cr489,055
↑ 223,514
Tri Party Repo
CBLO/Reverse Repo | -
4%₹67 Cr
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
3%₹59 Cr799,780
↑ 226,091
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
3%₹57 Cr286,820
↑ 20,035
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
3%₹57 Cr1,776,357
↑ 100,000

2. Motilal Oswal Long Term Equity Fund

(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 CAGR/Annualized return of 13.7% since its launch.  Return for 2018 was -8.7% , 2017 was 44% and 2016 was 12.5% .

Below is the key information for Motilal Oswal Long Term Equity Fund

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 Not Rated
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.

DateValue
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

Motilal Oswal Long Term 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 ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for Motilal Oswal Long Term 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 16 Apr 19

DurationReturns
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
YearReturns
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
NameSinceTenure
Akash Singhania8 Apr 190 Yr.
Gautam Roy21 Jan 154.19 Yr.
Snigdha Sharma23 Jul 180.69 Yr.

Data below for Motilal Oswal Long Term Equity Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services40.62%
Consumer Cyclical12.8%
Industrials11.26%
Technology10.79%
Energy5.83%
Health Care5.63%
Consumer Defensive3.67%
Basic Materials3.1%
Asset Allocation
Asset ClassValue
Cash6.3%
Equity93.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK
8%₹111 Cr478,696
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
6%₹77 Cr1,925,338
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
6%₹74 Cr377,865
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
6%₹74 Cr996,661
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT
5%₹71 Cr509,225
↑ 14,331
Cblo / Reverse Repo Investments
CBLO/Reverse Repo | -
4%₹57 Cr5,670,000
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | INDUSINDBK
4%₹54 Cr301,929
↓ -11,907
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 16 | 500034
4%₹49 Cr162,013
Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jan 15 | EICHERMOT
4%₹48 Cr23,431
HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 17 | 540777
3%₹44 Cr1,173,055
↑ 132,035

3. 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 21.7% since its launch.  Ranked 23 in ELSS category.  Return for 2018 was -3.9% , 2017 was 36.2% and 2016 was 13% .

Below is the key information for HDFC Long Term Advantage Fund

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.

DateValue
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

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 16 Apr 19

DurationReturns
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
YearReturns
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
NameSinceTenure
Chirag Setalvad2 Apr 0711.84 Yr.
Amar Kalkundrikar10 Jan 190.06 Yr.

Data below for HDFC Long Term Advantage Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services32.16%
Industrials17.71%
Energy12.65%
Basic Materials10.42%
Technology9.98%
Health Care4.81%
Consumer Defensive4.77%
Consumer Cyclical3.61%
Utility2.03%
Communication Services0.91%
Asset Allocation
Asset ClassValue
Cash0.94%
Equity99.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹140 Cr605,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
9%₹136 Cr1,000,000
↓ -80,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹132 Cr3,300,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹108 Cr1,453,908
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹84 Cr607,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
6%₹83 Cr2,600,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
5%₹79 Cr400,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
5%₹69 Cr2,322,910
Carborundum Universal Ltd (Basic Materials)
Equity, Since 30 Jun 03 | 513375
3%₹50 Cr1,229,000
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 500547
3%₹49 Cr1,234,548

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 16.2% since its launch.  Ranked 8 in ELSS category.  Return for 2018 was -9.2% , 2017 was 48.8% and 2016 was 6.2% .

Below is the key information for Principal Tax Savings Fund

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.

DateValue
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

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 ₹458,689.
Net Profit of ₹158,689
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 16 Apr 19

DurationReturns
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
YearReturns
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
NameSinceTenure
P.V.K. Mohan1 Sep 108.42 Yr.

Data below for Principal Tax Savings Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services30.63%
Consumer Defensive13.09%
Basic Materials10.98%
Technology10.27%
Consumer Cyclical8.81%
Industrials8.34%
Utility5.59%
Energy4.49%
Health Care4.34%
Communication Services1.33%
Asset Allocation
Asset ClassValue
Cash2.13%
Equity97.87%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
5%₹21 Cr91,334
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹20 Cr509,143
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
4%₹18 Cr134,452
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹15 Cr479,851
↑ 110,000
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹14 Cr455,396
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹13 Cr66,040
↓ -2,600
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹12 Cr89,915
Tata Power Co Ltd (Utilities)
Equity, Since 30 Nov 17 | 500400
3%₹12 Cr1,582,240
↑ 140,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
3%₹11 Cr77,262
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
2%₹10 Cr136,594
↓ -9,000

5. 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 18.4% since its launch.  Ranked 3 in ELSS category.  Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% .

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

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.

DateValue
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

IDFC Tax Advantage (ELSS) Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for IDFC Tax Advantage (ELSS) Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 19

DurationReturns
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
YearReturns
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
NameSinceTenure
Daylynn Pinto20 Oct 162.28 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services27.53%
Consumer Cyclical15.25%
Basic Materials11.55%
Industrials10.1%
Technology8.39%
Health Care6.34%
Energy6.05%
Consumer Defensive3.51%
Utility3.4%
Asset Allocation
Asset ClassValue
Cash6.87%
Equity92.72%
Other0.4%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Triparty Repo
CBLO/Reverse Repo | -
6%₹126 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
6%₹124 Cr3,100,000
↑ 100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹81 Cr350,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹80 Cr2,500,000
↑ 100,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹75 Cr550,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹72 Cr925,000
↑ 25,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
3%₹67 Cr900,000
↓ -50,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹54 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹52 Cr1,140,000
↑ 98,246
Nestle India Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | NESTLEIND
2%₹37 Cr34,000
↑ 4,000

6. DSP BlackRock Tax Saver Fund

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 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% .

Below is the key information for DSP BlackRock Tax Saver Fund

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.

DateValue
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

DSP BlackRock Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for DSP BlackRock 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 16 Apr 19

DurationReturns
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
YearReturns
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
NameSinceTenure
Rohit Singhania16 Jul 153.55 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services36.6%
Basic Materials12.08%
Technology9.07%
Health Care8.35%
Industrials8.33%
Energy6.05%
Consumer Cyclical5.7%
Consumer Defensive4.95%
Utility2.72%
Real Estate1.4%
Asset Allocation
Asset ClassValue
Cash4.76%
Equity95.24%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹493 Cr12,319,427
↑ 268,167
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹452 Cr1,950,336
↑ 111,923
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
5%₹247 Cr3,173,488
↑ 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 | SBIN
4%₹207 Cr6,468,491
↑ 1,457,666
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
4%₹193 Cr1,396,352
↑ 170,434
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹147 Cr981,452
↑ 103,065
Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 31 Aug 17 | BHARATFIN
3%₹146 Cr1,293,806
↑ 290,857
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA
3%₹137 Cr1,748,854
↑ 201,728
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
2%₹135 Cr1,013,798
↓ -80,596

7. Tata India Tax Savings Fund

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

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.2% since its launch.  Ranked 1 in ELSS category.  Return for 2018 was -8.4% , 2017 was 46% and 2016 was 2.1% .

Below is the key information for Tata India Tax Savings Fund

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.

DateValue
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

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 16 Apr 19

DurationReturns
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
YearReturns
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
NameSinceTenure
Rupesh Patel1 Apr 153.84 Yr.
Ennette Fernandes18 Jun 180.62 Yr.

Data below for Tata India Tax Savings Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services41.11%
Consumer Cyclical11.27%
Consumer Defensive9.94%
Technology9.89%
Industrials9.88%
Health Care4.86%
Energy3.85%
Basic Materials2.98%
Real Estate0.71%
Asset Allocation
Asset ClassValue
Cash5.5%
Equity94.5%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹161 Cr4,015,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹130 Cr560,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
7%₹125 Cr1,680,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
7%₹117 Cr1,500,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹99 Cr3,100,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
4%₹68 Cr500,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹66 Cr495,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
3%₹61 Cr310,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC
3%₹56 Cr1,900,000
Havells India Ltd (Industrials)
Equity, Since 31 Aug 17 | 517354
3%₹51 Cr656,000

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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