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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 February 17, 2019 , 41 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 ₹15.994
↓ -0.04
₹1,315-3-7.8-1.121.1 -2.3
HDFC Long Term Advantage Fund Growth ₹329.627
↑ 0.10
₹1,447-2.4-6.7-3.41715.2-3.9
Principal Tax Savings Fund Growth ₹188.83
↑ 0.04
₹376-6.3-11.9-11.316.316.1-9.2
Motilal Oswal Long Term Equity Fund Growth ₹15.5253
↓ -0.02
₹1,142-4.6-14.3-12.116.1 -8.7
Tata India Tax Savings Fund Growth ₹16.4539
↓ -0.01
₹1,575-1-8.3-4.914.9 -8.4
DSP BlackRock Tax Saver Fund Growth ₹42.875
↑ 0.04
₹4,692-3.2-10.5-6.114.416.8-7.6
Invesco India Tax Plan Growth ₹46.74
↓ -0.07
₹696-3-12.1-2.314.317.2-1.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Feb 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 16.1% 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 (19 Feb 19) ₹15.994 ↓ -0.04   (-0.24 %)
Net Assets (Cr) ₹1,315 on 31 Jan 19
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.45
Sharpe Ratio -0.41
Information Ratio 1.44
Alpha Ratio -1.06
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 16₹9,587
31 Jan 17₹12,180
31 Jan 18₹17,174
31 Jan 19₹16,435

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 19 Feb 19

DurationReturns
1 Month -3.5%
3 Month -3%
6 Month -7.8%
1 Year -1.1%
3 Year 21.1%
5 Year
10 Year
15 Year
Since launch 16.1%
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 152.85 Yr.

Data below for Mirae Asset Tax Saver Fund as on 31 Jan 19

Equity Sector Allocation
SectorValue
Financial Services30.8%
Consumer Cyclical14.68%
Technology11.11%
Basic Materials9.77%
Industrials8.39%
Consumer Defensive8.1%
Health Care7.46%
Energy6.71%
Utility1.62%
Asset Allocation
Asset ClassValue
Cash1.36%
Equity98.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹108 Cr519,212
↑ 7,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
6%₹72 Cr1,001,193
↑ 61,403
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
5%₹70 Cr567,376
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
5%₹66 Cr1,814,273
↑ 192,877
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹52 Cr258,785
↑ 34,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
4%₹49 Cr1,676,357
↑ 175,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
3%₹38 Cr508,689
↑ 140,000
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL
3%₹37 Cr780,478
↑ 69,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
3%₹35 Cr265,541
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | KOTAKBANK
3%₹34 Cr274,336

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 21.3% 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 (19 Feb 19) ₹329.627 ↑ 0.10   (0.03 %)
Net Assets (Cr) ₹1,447 on 31 Jan 19
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.49
Sharpe Ratio -0.59
Information Ratio 0.2
Alpha Ratio -8.62
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹15,324
31 Jan 16₹13,670
31 Jan 17₹17,059
31 Jan 18₹22,706
31 Jan 19₹21,277

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 19 Feb 19

DurationReturns
1 Month -3.9%
3 Month -2.4%
6 Month -6.7%
1 Year -3.4%
3 Year 17%
5 Year 15.2%
10 Year
15 Year
Since launch 21.3%
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 0711.76 Yr.
Amar Kalkundrikar10 Jan 190 Yr.

Data below for HDFC Long Term Advantage Fund as on 31 Jan 19

Equity Sector Allocation
SectorValue
Financial Services30.8%
Industrials17.18%
Energy12.82%
Technology9.86%
Basic Materials9.34%
Consumer Defensive4.58%
Health Care4.47%
Consumer Cyclical3.8%
Utility1.98%
Communication Services0.86%
Asset Allocation
Asset ClassValue
Cash4.3%
Equity95.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
10%₹141 Cr1,150,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹134 Cr645,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹120 Cr3,300,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
8%₹109 Cr1,453,908
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹80 Cr607,500
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
5%₹77 Cr400,000
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
5%₹76 Cr2,600,000
Collateralised Borrowing & Lending Obligation
CBLO | -
4%₹65 Cr
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹65 Cr2,322,910
Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 520113
3%₹46 Cr400,000

3. 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 15.8% 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 (19 Feb 19) ₹188.83 ↑ 0.04   (0.02 %)
Net Assets (Cr) ₹376 on 31 Jan 19
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.88
Sharpe Ratio -0.84
Information Ratio 0.21
Alpha Ratio -6.07
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹16,281
31 Jan 16₹14,681
31 Jan 17₹18,092
31 Jan 18₹25,310
31 Jan 19₹22,269

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 19 Feb 19

DurationReturns
1 Month -6%
3 Month -6.3%
6 Month -11.9%
1 Year -11.3%
3 Year 16.3%
5 Year 16.1%
10 Year
15 Year
Since launch 15.8%
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 31 Jan 19

Equity Sector Allocation
SectorValue
Financial Services27.26%
Consumer Defensive13.06%
Basic Materials11.41%
Technology11.05%
Consumer Cyclical8.78%
Industrials8.64%
Utility5.46%
Health Care5.17%
Energy4.39%
Communication Services1.32%
Asset Allocation
Asset ClassValue
Cash3.46%
Equity96.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
5%₹19 Cr91,334
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹19 Cr509,143
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
4%₹16 Cr134,452
Treps 01-Feb-2019
CBLO/Reverse Repo | -
4%₹15 Cr
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
4%₹14 Cr68,640
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹13 Cr455,396
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
3%₹12 Cr161,594
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹11 Cr89,915
↑ 18,500
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹11 Cr369,851
Tata Power Co Ltd (Utilities)
Equity, Since 30 Nov 17 | 500400
3%₹10 Cr1,442,240

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 11.4% 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 (19 Feb 19) ₹15.5253 ↓ -0.02   (-0.15 %)
Net Assets (Cr) ₹1,142 on 31 Jan 19
Category Equity - ELSS
AMC Motilal Oswal Asset Management Co. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.76
Sharpe Ratio -1.21
Information Ratio 0.15
Alpha Ratio -10.57
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 15₹10,000
31 Jan 16₹10,066
31 Jan 17₹12,998
31 Jan 18₹17,647
31 Jan 19₹15,250

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 19 Feb 19

DurationReturns
1 Month -4.9%
3 Month -4.6%
6 Month -14.3%
1 Year -12.1%
3 Year 16.1%
5 Year
10 Year
15 Year
Since launch 11.4%
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
Gautam Roy21 Jan 154.03 Yr.
Snigdha Sharma23 Jul 180.53 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services42.05%
Consumer Cyclical13.73%
Technology12.38%
Industrials11.35%
Energy7.2%
Health Care6.22%
Consumer Defensive2.02%
Asset Allocation
Asset ClassValue
Cash5.06%
Equity94.94%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK
9%₹100 Cr478,696
↑ 9,238
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
7%₹76 Cr1,016,153
↓ -206,505
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
6%₹73 Cr377,865
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
6%₹68 Cr1,870,812
↑ 1,304,430
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT
6%₹65 Cr494,894
↑ 23,118
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | INDUSINDBK
5%₹60 Cr398,821
Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jan 15 | EICHERMOT
4%₹45 Cr23,431
↑ 3,078
Cblo / Reverse Repo Investments
CBLO/Reverse Repo | -
4%₹44 Cr
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 16 | 500034
4%₹42 Cr162,013
↓ -14,842
Petronet LNG Ltd (Energy)
Equity, Since 30 Apr 17 | 532522
4%₹41 Cr1,822,080
↑ 42,747

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 12.1% 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 (19 Feb 19) ₹16.4539 ↓ -0.01   (-0.05 %)
Net Assets (Cr) ₹1,575 on 31 Jan 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.56
Information Ratio -0.21
Alpha Ratio -9.87
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 15₹11,278
31 Jan 16₹11,212
31 Jan 17₹13,106
31 Jan 18₹17,593
31 Jan 19₹16,199

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 19 Feb 19

DurationReturns
1 Month -2.9%
3 Month -1%
6 Month -8.3%
1 Year -4.9%
3 Year 14.9%
5 Year
10 Year
15 Year
Since launch 12.1%
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 153.59 Yr.
Ennette Fernandes18 Jun 180.37 Yr.

Data below for Tata India Tax Savings Fund as on 31 Jan 19

Equity Sector Allocation
SectorValue
Financial Services42.14%
Consumer Cyclical14.39%
Consumer Defensive11.23%
Industrials8.73%
Technology8.05%
Health Care4.59%
Energy3.9%
Basic Materials3.13%
Real Estate0.67%
Asset Allocation
Asset ClassValue
Cash3.23%
Equity96.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹146 Cr4,015,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹116 Cr560,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
7%₹108 Cr1,500,000
↑ 140,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹91 Cr3,100,000
↑ 270,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
5%₹76 Cr1,020,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹62 Cr495,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
4%₹61 Cr500,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹60 Cr310,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC
3%₹53 Cr1,900,000
↑ 570,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹50 Cr250,000

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 12.8% 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 (19 Feb 19) ₹42.875 ↑ 0.04   (0.10 %)
Net Assets (Cr) ₹4,692 on 31 Jan 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio -0.66
Information Ratio -0.21
Alpha Ratio -2.73
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹16,612
31 Jan 16₹15,683
31 Jan 17₹19,559
31 Jan 18₹24,817
31 Jan 19₹22,637

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 ₹458,689.
Net Profit of ₹158,689
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 19 Feb 19

DurationReturns
1 Month -4.1%
3 Month -3.2%
6 Month -10.5%
1 Year -6.1%
3 Year 14.4%
5 Year 16.8%
10 Year
15 Year
Since launch 12.8%
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 153.3 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 Jan 19

Equity Sector Allocation
SectorValue
Financial Services38.58%
Technology12.12%
Basic Materials11.29%
Health Care8.24%
Industrials7.54%
Consumer Defensive5.29%
Consumer Cyclical5.01%
Energy4.29%
Utility3.29%
Real Estate0.72%
Asset Allocation
Asset ClassValue
Cash3.63%
Equity96.37%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
8%₹398 Cr10,930,421
↓ -1,235,880
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹382 Cr1,838,413
↓ -44,572
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
4%₹192 Cr
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹185 Cr2,471,052
↓ -394,693
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹179 Cr2,481,545
↑ 882,227
State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN
3%₹152 Cr5,163,304
↓ -1,206,718
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹149 Cr1,131,025
↓ -99,369
Tech Mahindra Ltd (Technology)
Equity, Since 30 Jun 18 | 532755
3%₹127 Cr1,729,994
↓ -163,621
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA
2%₹117 Cr1,483,411
↑ 140,608
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
2%₹111 Cr885,953
↑ 184,810

7. 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 13.5% 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 (19 Feb 19) ₹46.74 ↓ -0.07   (-0.15 %)
Net Assets (Cr) ₹696 on 31 Jan 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.71
Sharpe Ratio -0.47
Information Ratio -0.59
Alpha Ratio -1.87
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 14₹10,000
31 Jan 15₹16,885
31 Jan 16₹16,125
31 Jan 17₹18,351
31 Jan 18₹24,389
31 Jan 19₹23,125

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 ₹470,047.
Net Profit of ₹170,047
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 19 Feb 19

DurationReturns
1 Month -4%
3 Month -3%
6 Month -12.1%
1 Year -2.3%
3 Year 14.3%
5 Year 17.2%
10 Year
15 Year
Since launch 13.5%
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 180.59 Yr.
Dhimant Kothari29 Mar 180.59 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services32.95%
Consumer Cyclical15.03%
Technology11.42%
Industrials11.41%
Energy8.87%
Consumer Defensive5.83%
Health Care4.47%
Basic Materials3.39%
Utility3.17%
Asset Allocation
Asset ClassValue
Cash3.46%
Equity96.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹60 Cr290,808
↓ -5,113
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
7%₹49 Cr397,866
↓ -19,587
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹45 Cr236,674
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹43 Cr1,167,075
Infosys Ltd (Technology)
Equity, Since 30 Jun 15 | INFY
6%₹41 Cr541,233
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | INDUSINDBK
4%₹29 Cr192,275
↑ 10,835
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
4%₹28 Cr214,136
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
4%₹25 Cr342,578
↑ 24,867
Triparty Repo
CBLO/Reverse Repo | -
3%₹23 Cr
United Breweries Ltd (Consumer Defensive)
Equity, Since 31 May 16 | 532478
3%₹22 Cr151,713

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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