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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 July 15, 2019 , 100 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 ₹17.81
↑ 0.04
₹1,9490.37.510.417.1 -2.3
HDFC Long Term Advantage Fund Growth ₹363.322
↓ -2.16
₹1,4610.268.412.911-3.9
Motilal Oswal Long Term Equity Fund Growth ₹16.8768
↑ 0.02
₹1,339-1.53.4-5.512 -8.7
Canara Robeco Equity Tax Saver Growth ₹64.91
↓ -0.55
₹948-14.96.111.810.32.7
Tata India Tax Savings Fund Growth ₹18.3346
↓ -0.14
₹1,7901.38.28.511.7 -8.4
IDFC Tax Advantage (ELSS) Fund Growth ₹54.8
↓ -0.03
₹1,996-3.23.7-0.211.211.6-9.4
Kotak Tax Saver Scheme Growth ₹44.229
₹898-0.478.211.113-3.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Jul 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 17.6% 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 (18 Jul 19) ₹17.81 ↑ 0.04   (0.21 %)
Net Assets (Cr) ₹1,949 on 30 Apr 19
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.45
Sharpe Ratio 0.26
Information Ratio 1.54
Alpha Ratio 1.16
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 16₹10,738
30 Jun 17₹14,490
30 Jun 18₹15,973
30 Jun 19₹17,924

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 ₹470,047.
Net Profit of ₹170,047
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 18 Jul 19

DurationReturns
1 Month 0.6%
3 Month 0.3%
6 Month 7.5%
1 Year 10.4%
3 Year 17.1%
5 Year
10 Year
15 Year
Since launch 17.6%
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 153.26 Yr.

Data below for Mirae Asset Tax Saver Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services35.13%
Consumer Cyclical14.49%
Technology9.79%
Basic Materials8.87%
Consumer Defensive8.39%
Industrials8.18%
Energy6%
Health Care5.79%
Utility3.27%
Asset Allocation
Asset ClassValue
Cash0.1%
Equity99.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
9%₹186 Cr766,938
↑ 26,500
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹132 Cr3,125,209
↑ 293,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹91 Cr413,975
↑ 97,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
4%₹86 Cr647,376
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
4%₹81 Cr1,001,193
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
4%₹80 Cr515,581
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
4%₹76 Cr1,030,437
↑ 58,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
3%₹69 Cr1,946,527
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL
3%₹63 Cr1,298,478
↑ 510,000
HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Jan 19 | 540777
3%₹61 Cr1,379,559
↑ 158,574

2. 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 21.4% 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 (18 Jul 19) ₹363.322 ↓ -2.16   (-0.59 %)
Net Assets (Cr) ₹1,461 on 30 Apr 19
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.49
Sharpe Ratio 0.2
Information Ratio -0.13
Alpha Ratio -6.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹11,108
30 Jun 16₹11,611
30 Jun 17₹14,399
30 Jun 18₹15,488
30 Jun 19₹17,294

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 ₹395,578.
Net Profit of ₹95,578
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 Jul 19

DurationReturns
1 Month 0.1%
3 Month 0.2%
6 Month 6%
1 Year 8.4%
3 Year 12.9%
5 Year 11%
10 Year
15 Year
Since launch 21.4%
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 0712 Yr.
Amar Kalkundrikar10 Jan 190.22 Yr.

Data below for HDFC Long Term Advantage Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services34.4%
Industrials16.28%
Energy11.9%
Technology10.25%
Basic Materials9.39%
Consumer Defensive5.43%
Health Care2.29%
Consumer Cyclical2.1%
Utility1.95%
Communication Services1.22%
Asset Allocation
Asset ClassValue
Cash4.48%
Equity95.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
10%₹147 Cr605,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹140 Cr3,300,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
9%₹133 Cr1,000,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹107 Cr1,453,908
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹95 Cr607,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
6%₹92 Cr2,600,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
6%₹87 Cr400,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
5%₹79 Cr2,822,910
Collateralised Borrowing & Lending Obligation
CBLO | -
5%₹72 Cr
Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 520113
3%₹47 Cr400,000

3. 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 12.4% 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 (18 Jul 19) ₹16.8768 ↑ 0.02   (0.14 %)
Net Assets (Cr) ₹1,339 on 30 Apr 19
Category Equity - ELSS
AMC Motilal Oswal Asset Management Co. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.76
Sharpe Ratio -0.67
Information Ratio 0.06
Alpha Ratio -11.29
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,590
30 Jun 16₹11,241
30 Jun 17₹15,368
30 Jun 18₹16,891
30 Jun 19₹16,681

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 ₹415,684.
Net Profit of ₹115,684
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 18 Jul 19

DurationReturns
1 Month -1.1%
3 Month -1.5%
6 Month 3.4%
1 Year -5.5%
3 Year 12%
5 Year
10 Year
15 Year
Since launch 12.4%
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
Abhiroop Mukherjee21 Jan 154.36 Yr.
Akash Singhania17 May 190.04 Yr.

Data below for Motilal Oswal Long Term Equity Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services49.35%
Consumer Cyclical12.83%
Industrials12.08%
Technology10.28%
Basic Materials4.78%
Consumer Defensive4.37%
Health Care2.3%
Asset Allocation
Asset ClassValue
Cash4.02%
Equity95.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK
9%₹131 Cr540,000
↑ 61,304
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
6%₹82 Cr377,865
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
6%₹82 Cr1,925,338
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT
6%₹79 Cr509,225
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
5%₹74 Cr996,661
Cblo / Reverse Repo Investments
CBLO/Reverse Repo | -
4%₹56 Cr5,622,000
↓ -1,196,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 16 | 500034
4%₹56 Cr162,013
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 532215
4%₹55 Cr682,653
↑ 378,014
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 15 | MARUTI
4%₹55 Cr80,000
↑ 18,016
HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 17 | 540777
4%₹52 Cr1,173,055

4. Canara Robeco Equity Tax Saver

(ELSS Scheme) Seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.

Canara Robeco Equity Tax Saver is a Equity - ELSS fund was launched on 2 Feb 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.6% since its launch.  Ranked 36 in ELSS category.  Return for 2018 was 2.7% , 2017 was 32% and 2016 was 0% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (18 Jul 19) ₹64.91 ↓ -0.55   (-0.84 %)
Net Assets (Cr) ₹948 on 30 Apr 19
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.59
Sharpe Ratio 0.29
Information Ratio -0.34
Alpha Ratio -0.89
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹11,761
30 Jun 16₹11,634
30 Jun 17₹13,762
30 Jun 18₹15,205
30 Jun 19₹17,165

Canara Robeco Equity Tax Saver 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 Canara Robeco Equity Tax Saver

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 19

DurationReturns
1 Month -1.8%
3 Month -1%
6 Month 4.9%
1 Year 6.1%
3 Year 11.8%
5 Year 10.3%
10 Year
15 Year
Since launch 19.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 2.7%
2017 32%
2016 0%
2015 0.6%
2014 45.2%
2013 5.3%
2012 30%
2011 -16.3%
2010 24.9%
2009
Fund Manager information for Canara Robeco Equity Tax Saver
NameSinceTenure
Krishna Sanghavi16 Oct 180.37 Yr.
Cheenu Gupta12 Mar 180.97 Yr.

Data below for Canara Robeco Equity Tax Saver as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services29.59%
Industrials23.89%
Basic Materials13.35%
Consumer Cyclical5.95%
Energy5.32%
Technology5.26%
Consumer Defensive5.1%
Health Care4.21%
Utility4.05%
Communication Services1.55%
Asset Allocation
Asset ClassValue
Cash1.85%
Equity98.15%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
8%₹81 Cr1,850,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
8%₹75 Cr306,342
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 18 | LT
7%₹65 Cr416,200
State Bank of India (Financial Services)
Equity, Since 31 Aug 18 | SBIN
5%₹52 Cr1,431,000
↑ 67,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 17 | RELIANCE
5%₹44 Cr352,500
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹41 Cr513,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 500696
3%₹29 Cr163,830
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB
3%₹28 Cr177,500
VIP Industries Ltd (Consumer Cyclical)
Equity, Since 31 Mar 18 | 507880
3%₹28 Cr627,684
NTPC Ltd (Utilities)
Equity, Since 31 Mar 19 | 532555
2%₹24 Cr1,712,600

5. 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 13.6% 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 (18 Jul 19) ₹18.3346 ↓ -0.14   (-0.76 %)
Net Assets (Cr) ₹1,790 on 30 Apr 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.05
Information Ratio -0.22
Alpha Ratio -11.12
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹11,139
30 Jun 16₹12,422
30 Jun 17₹15,082
30 Jun 18₹16,166
30 Jun 19₹18,096

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 ₹405,518.
Net Profit of ₹105,518
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 Jul 19

DurationReturns
1 Month -0.6%
3 Month 1.3%
6 Month 8.2%
1 Year 8.5%
3 Year 11.7%
5 Year
10 Year
15 Year
Since launch 13.6%
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 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services41.5%
Industrials11.2%
Technology9.55%
Consumer Cyclical9.38%
Consumer Defensive7.25%
Health Care6.3%
Energy5.63%
Basic Materials2.79%
Real Estate0.67%
Asset Allocation
Asset ClassValue
Cash5.73%
Equity94.27%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹170 Cr4,015,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹136 Cr560,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
7%₹124 Cr1,680,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
6%₹121 Cr1,500,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹109 Cr3,100,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹75 Cr495,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹74 Cr340,000
↑ 30,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
4%₹67 Cr500,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹55 Cr250,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC
3%₹53 Cr1,900,000

6. 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 17.5% 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 (18 Jul 19) ₹54.8 ↓ -0.03   (-0.05 %)
Net Assets (Cr) ₹1,996 on 30 Apr 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.74
Sharpe Ratio -0.51
Information Ratio -0.09
Alpha Ratio -11.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹13,079
30 Jun 16₹12,675
30 Jun 17₹16,080
30 Jun 18₹18,123
30 Jun 19₹18,414

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 ₹405,518.
Net Profit of ₹105,518
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 Jul 19

DurationReturns
1 Month -2.2%
3 Month -3.2%
6 Month 3.7%
1 Year -0.2%
3 Year 11.2%
5 Year 11.6%
10 Year
15 Year
Since launch 17.5%
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 162.61 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services29.4%
Industrials14.08%
Consumer Cyclical13.11%
Basic Materials12.72%
Technology8.49%
Energy6.26%
Health Care5.89%
Consumer Defensive4.33%
Utility1.92%
Communication Services0.22%
Asset Allocation
Asset ClassValue
Cash2.98%
Equity97.01%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹142 Cr3,350,000
↑ 200,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
5%₹95 Cr2,700,000
↑ 100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹85 Cr350,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹85 Cr1,050,000
↑ 125,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹73 Cr550,000
Triparty Repo
CBLO/Reverse Repo | -
3%₹64 Cr
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
3%₹59 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹58 Cr1,285,000
↑ 25,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹57 Cr825,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT
2%₹47 Cr300,000
↑ 80,000

7. Kotak Tax Saver Scheme

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 Scheme 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 11.5% since its launch.  Ranked 19 in ELSS category.  Return for 2018 was -3.8% , 2017 was 33.8% and 2016 was 7.5% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (18 Jul 19) ₹44.229
Net Assets (Cr) ₹898 on 30 Apr 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.73
Sharpe Ratio 0.27
Information Ratio -0.05
Alpha Ratio 3.33
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹13,025
30 Jun 16₹13,071
30 Jun 17₹16,197
30 Jun 18₹16,859
30 Jun 19₹19,106

Kotak Tax Saver Scheme 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 Kotak Tax Saver Scheme

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 19

DurationReturns
1 Month -1.5%
3 Month -0.4%
6 Month 7%
1 Year 8.2%
3 Year 11.1%
5 Year 13%
10 Year
15 Year
Since launch 11.5%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
2012 36.2%
2011 -26%
2010 19.9%
2009 75%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

Data below for Kotak Tax Saver Scheme as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services28.19%
Industrials18.82%
Basic Materials17.71%
Technology8.74%
Energy8.35%
Consumer Defensive5.94%
Consumer Cyclical5.48%
Utility3.32%
Health Care2.24%
Asset Allocation
Asset ClassValue
Cash1.17%
Equity98.79%
Debt0%
Other0.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹62 Cr464,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹59 Cr730,000
↑ 30,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹58 Cr1,375,000
↑ 50,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹58 Cr240,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹38 Cr245,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹37 Cr170,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹33 Cr45,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹33 Cr450,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹30 Cr105,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹27 Cr395,000

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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