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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.
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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 ₹17.909
↑ 0.17 ₹2,306 0.6 0.8 13.3 13.1 -2.3 Canara Robeco Equity Tax Saver Growth ₹66.44
↑ 0.62 ₹911 2.4 1.3 14.1 10.2 10 2.7 LIC MF Tax Plan Growth ₹69.974
↑ 0.57 ₹227 5.1 5.4 16.1 10 10.8 -1.1 Motilal Oswal Long Term Equity Fund Growth ₹17.9238
↑ 0.17 ₹1,389 6.2 4.6 14.2 9.7 -8.7 Invesco India Tax Plan Growth ₹51.62
↑ 0.51 ₹859 3.6 0.9 8.9 9.5 11.4 -1.3 HDFC Long Term Advantage Fund Growth ₹357.4
↑ 2.79 ₹1,318 -1.6 -1.4 10.7 9.2 10.2 -3.9 Tata India Tax Savings Fund Growth ₹18.3856
↑ 0.13 ₹1,815 0.3 1.6 15.8 9.2 13.3 -8.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Oct 19 100 - 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 (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 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 Below is the key information for LIC MF Tax Plan 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 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 Below is the key information for Invesco India Tax Plan 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 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 1. Mirae Asset Tax Saver Fund
CAGR/Annualized return of 16.5% 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 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 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.
Date Value 30 Sep 16 ₹11,930 30 Sep 17 ₹15,171 30 Sep 18 ₹16,179 30 Sep 19 ₹17,610 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Oct 19 Duration Returns 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
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 31 Aug 19
Equity Sector Allocation
Sector Value Financial Services 37.49% Consumer Cyclical 11.51% Consumer Defensive 9.97% Technology 8.58% Basic Materials 7.57% Health Care 7.34% Energy 6.9% Industrials 6.63% Utility 3.71% Asset Allocation
Asset Class Value Cash 0.3% Equity 99.7% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK9% ₹205 Cr 921,438
↑ 79,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK6% ₹148 Cr 3,604,412
↑ 399,203 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE5% ₹107 Cr 859,876 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322154% ₹95 Cr 1,431,338
↑ 220,145 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN4% ₹92 Cr 3,375,773
↑ 769,246 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS4% ₹86 Cr 378,975
↓ -35,000 IndusInd Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | INDUSINDBK4% ₹85 Cr 607,689
↑ 57,500 ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | ITC4% ₹85 Cr 3,444,875
↑ 1,959,351 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY3% ₹75 Cr 925,437
↓ -55,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT3% ₹71 Cr 532,880
↑ 42,299 2. Canara Robeco Equity Tax Saver
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% . 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.
Date Value 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 Returns for Canara Robeco Equity Tax Saver
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Oct 19 Duration Returns 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
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 Shridatta Bhandwaldar 1 Oct 19 0 Yr. Cheenu Gupta 12 Mar 18 1.55 Yr. Data below for Canara Robeco Equity Tax Saver as on 31 Aug 19
Equity Sector Allocation
Sector Value Financial Services 31.98% Basic Materials 13.75% Technology 12.23% Consumer Defensive 10.56% Industrials 9.18% Health Care 5.99% Consumer Cyclical 4.99% Communication Services 4.2% Utility 3.07% Asset Allocation
Asset Class Value Cash 4% Equity 95.94% Other 0.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK9% ₹80 Cr 358,342
↑ 52,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY6% ₹56 Cr 687,500
↑ 446,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 19 | HDFC6% ₹52 Cr 241,500
↑ 46,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK5% ₹47 Cr 1,137,000
↓ -823,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 19 | ULTRACEMCO5% ₹43 Cr 105,550
↑ 51,050 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 5006964% ₹40 Cr 213,830
↑ 50,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS4% ₹40 Cr 176,300
↑ 121,500 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322154% ₹39 Cr 583,000
↑ 70,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 5000344% ₹39 Cr 115,650 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 19 | BHARTIARTL4% ₹38 Cr 1,103,000
↑ 835,000 3. LIC MF Tax Plan
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% . 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.
Date Value 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 Returns for LIC MF Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Oct 19 Duration Returns 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
Year Returns 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
Name Since Tenure Sachin Relekar 5 Mar 15 3.91 Yr. Data below for LIC MF Tax Plan as on 31 Aug 19
Equity Sector Allocation
Sector Value Financial Services 40.01% Technology 12.5% Consumer Cyclical 10.58% Basic Materials 9.83% Consumer Defensive 8.94% Energy 3.36% Real Estate 2.45% Industrials 2.23% Health Care 0.86% Utility 0.55% Asset Allocation
Asset Class Value Cash 8.68% Equity 91.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK8% ₹19 Cr 156,190 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 5000346% ₹14 Cr 35,200 Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY6% ₹14 Cr 171,256
↑ 13,700 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK6% ₹14 Cr 318,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS5% ₹12 Cr 58,900
↑ 5,400 City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB5% ₹11 Cr 518,285
↑ 15,000 Treps
CBLO/Reverse Repo | -5% ₹11 Cr Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 5329784% ₹11 Cr 12,500 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 5403764% ₹10 Cr 51,192 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK3% ₹8 Cr 51,430 4. Motilal Oswal Long Term Equity Fund
CAGR/Annualized return of 13.1% 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 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 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.
Date Value 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 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 Oct 19 Duration Returns 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
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 Aditya Khemani 6 Sep 19 0 Yr. Abhiroop Mukherjee 21 Jan 15 4.61 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 31 Aug 19
Equity Sector Allocation
Sector Value Financial Services 51.66% Consumer Cyclical 13.2% Industrials 10.56% Consumer Defensive 10.17% Technology 7.36% Basic Materials 4.07% Health Care 1.68% Asset Allocation
Asset Class Value Cash 0.81% Equity 99.17% Debt 0.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK10% ₹145 Cr 1,180,000
↑ 100,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK9% ₹139 Cr 3,195,000
↑ 795,000 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 5322156% ₹94 Cr 1,372,653
↑ 690,000 HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 17 | 5407775% ₹78 Cr 1,300,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT5% ₹75 Cr 509,225 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 19 | KOTAKBANK5% ₹74 Cr 450,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 15 | MARUTI5% ₹74 Cr 110,000 Asian Paints Ltd (Basic Materials)
Equity, Since 30 Apr 19 | 5008204% ₹62 Cr 350,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 16 | 5000344% ₹60 Cr 148,789
↓ -13,224 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Aug 19 | 5006964% ₹59 Cr 300,000 5. Invesco India Tax Plan
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% . 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.
Date Value 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 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Oct 19 Duration Returns 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
Year Returns 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
Name Since Tenure Amit Ganatra 29 Mar 18 0.85 Yr. Dhimant Kothari 29 Mar 18 0.85 Yr. Data below for Invesco India Tax Plan as on 31 Aug 19
Equity Sector Allocation
Sector Value Financial Services 33.31% Consumer Defensive 10.92% Industrials 9.68% Technology 9.24% Consumer Cyclical 8.74% Energy 8.73% Health Care 5.72% Basic Materials 5.27% Utility 2.28% Communication Services 1.65% Asset Allocation
Asset Class Value Cash 4.68% Equity 95.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹75 Cr 335,081 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE7% ₹62 Cr 499,470
↑ 16,874 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC7% ₹60 Cr 277,738 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK7% ₹57 Cr 1,400,559
↑ 28,118 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS6% ₹48 Cr 210,566 Triparty Repo
CBLO/Reverse Repo | -4% ₹38 Cr Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT4% ₹36 Cr 268,668 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC4% ₹35 Cr 1,405,956
↑ 142,817 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK3% ₹28 Cr 198,857 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 5006963% ₹23 Cr 122,029 6. HDFC Long Term Advantage Fund
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% . 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.
Date Value 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
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 Oct 19 Duration Returns 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
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 31 Aug 19
Equity Sector Allocation
Sector Value Financial Services 34.37% Industrials 15.7% Technology 12.42% Energy 12.31% Basic Materials 8.29% Consumer Defensive 5.38% Utility 2.31% Health Care 2.29% Consumer Cyclical 1.78% Communication Services 1.37% Asset Allocation
Asset Class Value Cash 3.77% Equity 96.23% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK10% ₹135 Cr 3,120,000
↓ -60,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK10% ₹135 Cr 1,100,000
↓ -60,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE10% ₹133 Cr 1,000,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY9% ₹117 Cr 1,453,908 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT7% ₹90 Cr 607,500 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC6% ₹79 Cr 400,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC5% ₹73 Cr 2,822,910 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN5% ₹70 Cr 2,600,000 Treps - Tri-Party Repo
CBLO/Reverse Repo | -4% ₹51 Cr Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 5005473% ₹47 Cr 1,000,000 7. Tata India Tax Savings Fund
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% . 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.
Date Value 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 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Oct 19 Duration Returns 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
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 31 Aug 19
Equity Sector Allocation
Sector Value Financial Services 42.52% Technology 10.66% Industrials 9.47% Consumer Cyclical 8.59% Consumer Defensive 7.1% Health Care 6.51% Energy 5.16% Basic Materials 3.64% Real Estate 0.83% Asset Allocation
Asset Class Value Cash 5.53% Equity 94.47% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK9% ₹164 Cr 4,015,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK8% ₹143 Cr 641,000
↑ 81,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY8% ₹137 Cr 1,680,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN6% ₹103 Cr 3,750,000
↑ 650,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322155% ₹100 Cr 1,500,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC4% ₹74 Cr 340,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK4% ₹71 Cr 495,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE3% ₹62 Cr 500,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹56 Cr 250,000 (A) Treps
CBLO/Reverse Repo | -3% ₹56 Cr
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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