fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
Top 7 Best ELSS Tax Saving Funds Under Section 80C | Fincash.com

Fincash » Mutual Funds » Best ELSS Under Sec 80C

Top 7 Best ELSS Tax Saving Funds Under Section 80C

Updated on October 17, 2019 , 125 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.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

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 ₹17.909
↑ 0.17
₹2,3060.60.813.313.1 -2.3
Canara Robeco Equity Tax Saver Growth ₹66.44
↑ 0.62
₹9112.41.314.110.2102.7
LIC MF Tax Plan Growth ₹69.974
↑ 0.57
₹2275.15.416.11010.8-1.1
Motilal Oswal Long Term Equity Fund Growth ₹17.9238
↑ 0.17
₹1,3896.24.614.29.7 -8.7
Invesco India Tax Plan Growth ₹51.62
↑ 0.51
₹8593.60.98.99.511.4-1.3
HDFC Long Term Advantage Fund Growth ₹357.4
↑ 2.79
₹1,318-1.6-1.410.79.210.2-3.9
Tata India Tax Savings Fund Growth ₹18.3856
↑ 0.13
₹1,8150.31.615.89.213.3-8.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Oct 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 16.5% 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 Oct 19) ₹17.909 ↑ 0.17   (0.98 %)
Net Assets (Cr) ₹2,306 on 31 Aug 19
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.45
Sharpe Ratio -0.42
Information Ratio 1.32
Alpha Ratio 3.7
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 16₹11,930
30 Sep 17₹15,171
30 Sep 18₹16,179
30 Sep 19₹17,610

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 ₹426,080.
Net Profit of ₹126,080
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 Oct 19

DurationReturns
1 Month 5.9%
3 Month 0.6%
6 Month 0.8%
1 Year 13.3%
3 Year 13.1%
5 Year
10 Year
15 Year
Since launch 16.5%
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 31 Aug 19

Equity Sector Allocation
SectorValue
Financial Services37.49%
Consumer Cyclical11.51%
Consumer Defensive9.97%
Technology8.58%
Basic Materials7.57%
Health Care7.34%
Energy6.9%
Industrials6.63%
Utility3.71%
Asset Allocation
Asset ClassValue
Cash0.3%
Equity99.7%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
9%₹205 Cr921,438
↑ 79,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹148 Cr3,604,412
↑ 399,203
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
5%₹107 Cr859,876
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
4%₹95 Cr1,431,338
↑ 220,145
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
4%₹92 Cr3,375,773
↑ 769,246
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹86 Cr378,975
↓ -35,000
IndusInd Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | INDUSINDBK
4%₹85 Cr607,689
↑ 57,500
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | ITC
4%₹85 Cr3,444,875
↑ 1,959,351
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
3%₹75 Cr925,437
↓ -55,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
3%₹71 Cr532,880
↑ 42,299

2. 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 19.4% 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 Oct 19) ₹66.44 ↑ 0.62   (0.94 %)
Net Assets (Cr) ₹911 on 31 Aug 19
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.59
Sharpe Ratio -0.57
Information Ratio -0.12
Alpha Ratio 0.53
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 14₹10,000
30 Sep 15₹10,640
30 Sep 16₹11,601
30 Sep 17₹13,135
30 Sep 18₹14,375
30 Sep 19₹15,528

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 ₹385,859.
Net Profit of ₹85,859
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 Oct 19

DurationReturns
1 Month 8.6%
3 Month 2.4%
6 Month 1.3%
1 Year 14.1%
3 Year 10.2%
5 Year 10%
10 Year
15 Year
Since launch 19.4%
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
Shridatta Bhandwaldar1 Oct 190 Yr.
Cheenu Gupta12 Mar 181.55 Yr.

Data below for Canara Robeco Equity Tax Saver as on 31 Aug 19

Equity Sector Allocation
SectorValue
Financial Services31.98%
Basic Materials13.75%
Technology12.23%
Consumer Defensive10.56%
Industrials9.18%
Health Care5.99%
Consumer Cyclical4.99%
Communication Services4.2%
Utility3.07%
Asset Allocation
Asset ClassValue
Cash4%
Equity95.94%
Other0.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
9%₹80 Cr358,342
↑ 52,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
6%₹56 Cr687,500
↑ 446,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 19 | HDFC
6%₹52 Cr241,500
↑ 46,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
5%₹47 Cr1,137,000
↓ -823,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 19 | ULTRACEMCO
5%₹43 Cr105,550
↑ 51,050
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 500696
4%₹40 Cr213,830
↑ 50,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
4%₹40 Cr176,300
↑ 121,500
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹39 Cr583,000
↑ 70,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
4%₹39 Cr115,650
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | BHARTIARTL
4%₹38 Cr1,103,000
↑ 835,000

3. LIC MF Tax Plan

The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Tax Plan is a Equity - ELSS fund was launched on 3 Feb 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.3% since its launch.  Ranked 35 in ELSS category.  Return for 2018 was -1.1% , 2017 was 37.3% and 2016 was 3.3% .

Below is the key information for LIC MF Tax Plan

LIC MF Tax Plan
Growth
Launch Date 3 Feb 99
NAV (18 Oct 19) ₹69.974 ↑ 0.57   (0.82 %)
Net Assets (Cr) ₹227 on 31 Aug 19
Category Equity - ELSS
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.9
Sharpe Ratio -0.45
Information Ratio 0.09
Alpha Ratio 4.49
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 14₹10,000
30 Sep 15₹11,080
30 Sep 16₹11,941
30 Sep 17₹13,497
30 Sep 18₹14,271
30 Sep 19₹16,038

LIC MF Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for LIC MF Tax Plan

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

DurationReturns
1 Month 7.3%
3 Month 5.1%
6 Month 5.4%
1 Year 16.1%
3 Year 10%
5 Year 10.8%
10 Year
15 Year
Since launch 10.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%
2014 49.1%
2013 8.2%
2012 26.3%
2011 -26.2%
2010 15.7%
2009 62.2%
Fund Manager information for LIC MF Tax Plan
NameSinceTenure
Sachin Relekar5 Mar 153.91 Yr.

Data below for LIC MF Tax Plan as on 31 Aug 19

Equity Sector Allocation
SectorValue
Financial Services40.01%
Technology12.5%
Consumer Cyclical10.58%
Basic Materials9.83%
Consumer Defensive8.94%
Energy3.36%
Real Estate2.45%
Industrials2.23%
Health Care0.86%
Utility0.55%
Asset Allocation
Asset ClassValue
Cash8.68%
Equity91.32%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
8%₹19 Cr156,190
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
6%₹14 Cr35,200
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
6%₹14 Cr171,256
↑ 13,700
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
6%₹14 Cr318,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
5%₹12 Cr58,900
↑ 5,400
City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB
5%₹11 Cr518,285
↑ 15,000
Treps
CBLO/Reverse Repo | -
5%₹11 Cr
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
4%₹11 Cr12,500
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
4%₹10 Cr51,192
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK
3%₹8 Cr51,430

4. 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 13.1% 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 Oct 19) ₹17.9238 ↑ 0.17   (0.94 %)
Net Assets (Cr) ₹1,389 on 31 Aug 19
Category Equity - ELSS
AMC Motilal Oswal Asset Management Co. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.76
Sharpe Ratio -0.63
Information Ratio 0.21
Alpha Ratio 1.79
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,670
30 Sep 16₹12,638
30 Sep 17₹16,145
30 Sep 18₹15,887
30 Sep 19₹17,077

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 ₹385,859.
Net Profit of ₹85,859
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 Oct 19

DurationReturns
1 Month 9.4%
3 Month 6.2%
6 Month 4.6%
1 Year 14.2%
3 Year 9.7%
5 Year
10 Year
15 Year
Since launch 13.1%
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
Aditya Khemani6 Sep 190 Yr.
Abhiroop Mukherjee21 Jan 154.61 Yr.

Data below for Motilal Oswal Long Term Equity Fund as on 31 Aug 19

Equity Sector Allocation
SectorValue
Financial Services51.66%
Consumer Cyclical13.2%
Industrials10.56%
Consumer Defensive10.17%
Technology7.36%
Basic Materials4.07%
Health Care1.68%
Asset Allocation
Asset ClassValue
Cash0.81%
Equity99.17%
Debt0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK
10%₹145 Cr1,180,000
↑ 100,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
9%₹139 Cr3,195,000
↑ 795,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 532215
6%₹94 Cr1,372,653
↑ 690,000
HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 17 | 540777
5%₹78 Cr1,300,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT
5%₹75 Cr509,225
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 19 | KOTAKBANK
5%₹74 Cr450,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 15 | MARUTI
5%₹74 Cr110,000
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Apr 19 | 500820
4%₹62 Cr350,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 16 | 500034
4%₹60 Cr148,789
↓ -13,224
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Aug 19 | 500696
4%₹59 Cr300,000

5. Invesco India Tax Plan

The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.7% since its launch.  Ranked 17 in ELSS category.  Return for 2018 was -1.3% , 2017 was 35.7% and 2016 was 3.4% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (18 Oct 19) ₹51.62 ↑ 0.51   (1.00 %)
Net Assets (Cr) ₹859 on 31 Aug 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio -0.75
Information Ratio -0.32
Alpha Ratio -1.1
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 14₹10,000
30 Sep 15₹11,338
30 Sep 16₹12,457
30 Sep 17₹14,321
30 Sep 18₹15,768
30 Sep 19₹16,339

Invesco India Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Invesco India Tax Plan

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

DurationReturns
1 Month 8.3%
3 Month 3.6%
6 Month 0.9%
1 Year 8.9%
3 Year 9.5%
5 Year 11.4%
10 Year
15 Year
Since launch 13.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
2013 10.1%
2012 30.3%
2011 -18.9%
2010 22.1%
2009 83.5%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 180.85 Yr.
Dhimant Kothari29 Mar 180.85 Yr.

Data below for Invesco India Tax Plan as on 31 Aug 19

Equity Sector Allocation
SectorValue
Financial Services33.31%
Consumer Defensive10.92%
Industrials9.68%
Technology9.24%
Consumer Cyclical8.74%
Energy8.73%
Health Care5.72%
Basic Materials5.27%
Utility2.28%
Communication Services1.65%
Asset Allocation
Asset ClassValue
Cash4.68%
Equity95.32%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹75 Cr335,081
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
7%₹62 Cr499,470
↑ 16,874
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹60 Cr277,738
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹57 Cr1,400,559
↑ 28,118
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS
6%₹48 Cr210,566
Triparty Repo
CBLO/Reverse Repo | -
4%₹38 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
4%₹36 Cr268,668
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC
4%₹35 Cr1,405,956
↑ 142,817
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
3%₹28 Cr198,857
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
3%₹23 Cr122,029

6. 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% 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 Oct 19) ₹357.4 ↑ 2.79   (0.79 %)
Net Assets (Cr) ₹1,318 on 31 Aug 19
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio -0.56
Information Ratio -0.54
Alpha Ratio -3.39
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 14₹10,000
30 Sep 15₹9,907
30 Sep 16₹11,783
30 Sep 17₹13,760
30 Sep 18₹14,785
30 Sep 19₹15,703

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 Oct 19

DurationReturns
1 Month 6%
3 Month -1.6%
6 Month -1.4%
1 Year 10.7%
3 Year 9.2%
5 Year 10.2%
10 Year
15 Year
Since launch 21%
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 31 Aug 19

Equity Sector Allocation
SectorValue
Financial Services34.37%
Industrials15.7%
Technology12.42%
Energy12.31%
Basic Materials8.29%
Consumer Defensive5.38%
Utility2.31%
Health Care2.29%
Consumer Cyclical1.78%
Communication Services1.37%
Asset Allocation
Asset ClassValue
Cash3.77%
Equity96.23%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹135 Cr3,120,000
↓ -60,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
10%₹135 Cr1,100,000
↓ -60,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
10%₹133 Cr1,000,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
9%₹117 Cr1,453,908
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
7%₹90 Cr607,500
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
6%₹79 Cr400,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
5%₹73 Cr2,822,910
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
5%₹70 Cr2,600,000
Treps - Tri-Party Repo
CBLO/Reverse Repo | -
4%₹51 Cr
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 500547
3%₹47 Cr1,000,000

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 12.9% 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 Oct 19) ₹18.3856 ↑ 0.13   (0.72 %)
Net Assets (Cr) ₹1,815 on 31 Aug 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio -0.41
Information Ratio -0.34
Alpha Ratio -1.76
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹11,442
30 Sep 16₹13,426
30 Sep 17₹15,983
30 Sep 18₹15,683
30 Sep 19₹17,578

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 ₹426,080.
Net Profit of ₹126,080
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 Oct 19

DurationReturns
1 Month 6.5%
3 Month 0.3%
6 Month 1.6%
1 Year 15.8%
3 Year 9.2%
5 Year 13.3%
10 Year
15 Year
Since launch 12.9%
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 31 Aug 19

Equity Sector Allocation
SectorValue
Financial Services42.52%
Technology10.66%
Industrials9.47%
Consumer Cyclical8.59%
Consumer Defensive7.1%
Health Care6.51%
Energy5.16%
Basic Materials3.64%
Real Estate0.83%
Asset Allocation
Asset ClassValue
Cash5.53%
Equity94.47%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹164 Cr4,015,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹143 Cr641,000
↑ 81,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
8%₹137 Cr1,680,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹103 Cr3,750,000
↑ 650,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹100 Cr1,500,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹74 Cr340,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹71 Cr495,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
3%₹62 Cr500,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹56 Cr250,000
(A) Treps
CBLO/Reverse Repo | -
3%₹56 Cr

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.
How helpful was this page ?
Rated 5, based on 1 reviews.
POST A COMMENT