+91-22-62820123
Table of Contents
- 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.
Talk to our investment specialist
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 ₹17.81
↑ 0.04 ₹1,949 0.3 7.5 10.4 17.1 -2.3 HDFC Long Term Advantage Fund Growth ₹363.322
↓ -2.16 ₹1,461 0.2 6 8.4 12.9 11 -3.9 Motilal Oswal Long Term Equity Fund Growth ₹16.8768
↑ 0.02 ₹1,339 -1.5 3.4 -5.5 12 -8.7 Canara Robeco Equity Tax Saver Growth ₹64.91
↓ -0.55 ₹948 -1 4.9 6.1 11.8 10.3 2.7 Tata India Tax Savings Fund Growth ₹18.3346
↓ -0.14 ₹1,790 1.3 8.2 8.5 11.7 -8.4 IDFC Tax Advantage (ELSS) Fund Growth ₹54.8
↓ -0.03 ₹1,996 -3.2 3.7 -0.2 11.2 11.6 -9.4 Kotak Tax Saver Scheme Growth ₹44.229 ₹898 -0.4 7 8.2 11.1 13 -3.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Jul 19 100 - 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 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 (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 (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 Below is the key information for Canara Robeco Equity Tax Saver 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 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 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 Below is the key information for Kotak Tax Saver Scheme Returns up to 1 year are on 1. Mirae Asset Tax Saver Fund
CAGR/Annualized return of 17.6% 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 (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 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.
Date Value 30 Jun 16 ₹10,738 30 Jun 17 ₹14,490 30 Jun 18 ₹15,973 30 Jun 19 ₹17,924 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 19 Duration Returns 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
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 3.26 Yr. Data below for Mirae Asset Tax Saver Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 35.13% Consumer Cyclical 14.49% Technology 9.79% Basic Materials 8.87% Consumer Defensive 8.39% Industrials 8.18% Energy 6% Health Care 5.79% Utility 3.27% Asset Allocation
Asset Class Value Cash 0.1% Equity 99.9% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK9% ₹186 Cr 766,938
↑ 26,500 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK6% ₹132 Cr 3,125,209
↑ 293,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS4% ₹91 Cr 413,975
↑ 97,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE4% ₹86 Cr 647,376 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322154% ₹81 Cr 1,001,193 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT4% ₹80 Cr 515,581 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY4% ₹76 Cr 1,030,437
↑ 58,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN3% ₹69 Cr 1,946,527 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL3% ₹63 Cr 1,298,478
↑ 510,000 HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Jan 19 | 5407773% ₹61 Cr 1,379,559
↑ 158,574 2. HDFC Long Term Advantage Fund
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% . 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.
Date Value 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
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 18 Jul 19 Duration Returns 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
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 12 Yr. Amar Kalkundrikar 10 Jan 19 0.22 Yr. Data below for HDFC Long Term Advantage Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 34.4% Industrials 16.28% Energy 11.9% Technology 10.25% Basic Materials 9.39% Consumer Defensive 5.43% Health Care 2.29% Consumer Cyclical 2.1% Utility 1.95% Communication Services 1.22% Asset Allocation
Asset Class Value Cash 4.48% Equity 95.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK10% ₹147 Cr 605,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK9% ₹140 Cr 3,300,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE9% ₹133 Cr 1,000,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY7% ₹107 Cr 1,453,908 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT6% ₹95 Cr 607,500 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN6% ₹92 Cr 2,600,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC6% ₹87 Cr 400,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC5% ₹79 Cr 2,822,910 Collateralised Borrowing & Lending Obligation
CBLO | -5% ₹72 Cr Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 5201133% ₹47 Cr 400,000 3. Motilal Oswal Long Term Equity Fund
CAGR/Annualized return of 12.4% 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 (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 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.
Date Value 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 Returns for Motilal Oswal Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 19 Duration Returns 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
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 Abhiroop Mukherjee 21 Jan 15 4.36 Yr. Akash Singhania 17 May 19 0.04 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 49.35% Consumer Cyclical 12.83% Industrials 12.08% Technology 10.28% Basic Materials 4.78% Consumer Defensive 4.37% Health Care 2.3% Asset Allocation
Asset Class Value Cash 4.02% Equity 95.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK9% ₹131 Cr 540,000
↑ 61,304 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC6% ₹82 Cr 377,865 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK6% ₹82 Cr 1,925,338 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT6% ₹79 Cr 509,225 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY5% ₹74 Cr 996,661 Cblo / Reverse Repo Investments
CBLO/Reverse Repo | -4% ₹56 Cr 5,622,000
↓ -1,196,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 16 | 5000344% ₹56 Cr 162,013 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 5322154% ₹55 Cr 682,653
↑ 378,014 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 15 | MARUTI4% ₹55 Cr 80,000
↑ 18,016 HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 17 | 5407774% ₹52 Cr 1,173,055 4. Canara Robeco Equity Tax Saver
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% . 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.
Date Value 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 Returns for Canara Robeco Equity Tax Saver
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 19 Duration Returns 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
Year Returns 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
Name Since Tenure Krishna Sanghavi 16 Oct 18 0.37 Yr. Cheenu Gupta 12 Mar 18 0.97 Yr. Data below for Canara Robeco Equity Tax Saver as on 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 29.59% Industrials 23.89% Basic Materials 13.35% Consumer Cyclical 5.95% Energy 5.32% Technology 5.26% Consumer Defensive 5.1% Health Care 4.21% Utility 4.05% Communication Services 1.55% Asset Allocation
Asset Class Value Cash 1.85% Equity 98.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK8% ₹81 Cr 1,850,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK8% ₹75 Cr 306,342 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 18 | LT7% ₹65 Cr 416,200 State Bank of India (Financial Services)
Equity, Since 31 Aug 18 | SBIN5% ₹52 Cr 1,431,000
↑ 67,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 17 | RELIANCE5% ₹44 Cr 352,500 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322154% ₹41 Cr 513,000 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 5006963% ₹29 Cr 163,830 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB3% ₹28 Cr 177,500 VIP Industries Ltd (Consumer Cyclical)
Equity, Since 31 Mar 18 | 5078803% ₹28 Cr 627,684 NTPC Ltd (Utilities)
Equity, Since 31 Mar 19 | 5325552% ₹24 Cr 1,712,600 5. Tata India Tax Savings Fund
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% . 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.
Date Value 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 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 19 Duration Returns 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
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 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 41.5% Industrials 11.2% Technology 9.55% Consumer Cyclical 9.38% Consumer Defensive 7.25% Health Care 6.3% Energy 5.63% Basic Materials 2.79% Real Estate 0.67% Asset Allocation
Asset Class Value Cash 5.73% Equity 94.27% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK9% ₹170 Cr 4,015,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK7% ₹136 Cr 560,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY7% ₹124 Cr 1,680,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322156% ₹121 Cr 1,500,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN6% ₹109 Cr 3,100,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK4% ₹75 Cr 495,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC4% ₹74 Cr 340,000
↑ 30,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE4% ₹67 Cr 500,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹55 Cr 250,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC3% ₹53 Cr 1,900,000 6. IDFC Tax Advantage (ELSS) Fund
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% . 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.
Date Value 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 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 19 Duration Returns 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
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 2.61 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 29.4% Industrials 14.08% Consumer Cyclical 13.11% Basic Materials 12.72% Technology 8.49% Energy 6.26% Health Care 5.89% Consumer Defensive 4.33% Utility 1.92% Communication Services 0.22% Asset Allocation
Asset Class Value Cash 2.98% Equity 97.01% Other 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK7% ₹142 Cr 3,350,000
↑ 200,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN5% ₹95 Cr 2,700,000
↑ 100,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹85 Cr 350,000 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 5322154% ₹85 Cr 1,050,000
↑ 125,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE4% ₹73 Cr 550,000 Triparty Repo
CBLO/Reverse Repo | -3% ₹64 Cr Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹59 Cr 800,000 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹58 Cr 1,285,000
↑ 25,000 RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK3% ₹57 Cr 825,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT2% ₹47 Cr 300,000
↑ 80,000 7. Kotak Tax Saver Scheme
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% . 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.
Date Value 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 Returns for Kotak Tax Saver Scheme
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jul 19 Duration Returns 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
Year Returns 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
Name Since Tenure Harsha Upadhyaya 25 Aug 15 3.44 Yr. Data below for Kotak Tax Saver Scheme as on 30 Apr 19
Equity Sector Allocation
Sector Value Financial Services 28.19% Industrials 18.82% Basic Materials 17.71% Technology 8.74% Energy 8.35% Consumer Defensive 5.94% Consumer Cyclical 5.48% Utility 3.32% Health Care 2.24% Asset Allocation
Asset Class Value Cash 1.17% Equity 98.79% Debt 0% Other 0.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE7% ₹62 Cr 464,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 5322156% ₹59 Cr 730,000
↑ 30,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹58 Cr 1,375,000
↑ 50,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK6% ₹58 Cr 240,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT4% ₹38 Cr 245,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS4% ₹37 Cr 170,000 GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 5006764% ₹33 Cr 45,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY4% ₹33 Cr 450,000 SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF3% ₹30 Cr 105,000 AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 5406113% ₹27 Cr 395,000
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.
You Might Also Like
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2019 Shepard Technologies Private Limited. All Rights Reserved