+91-22-48913909Top 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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Fund Selection Methodology used to find 7 funds
Best ELSS Mutual Funds Under Sec 80C
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) IDBI Equity Advantage Fund Growth ₹43.39
↑ 0.04 ₹485 9.7 15.1 16.9 20.8 10 HDFC Long Term Advantage Fund Growth ₹595.168
↑ 0.28 ₹1,318 1.2 15.4 35.5 20.6 17.4 Baroda Pioneer ELSS 96 Growth ₹68.6676
↑ 0.33 ₹210 -6.1 -3.5 17.6 16.7 11.6 JM Tax Gain Fund Growth ₹52.8186
↑ 0.29 ₹242 6.6 25.3 7.6 15.7 12.7 2.5 BNP Paribas Long Term Equity Fund (ELSS) Growth ₹99.0964
↑ 0.58 ₹930 1.4 13.4 3.7 14.4 10.3 4.8 Tata India Tax Savings Fund Growth ₹47.0507
↑ 0.40 ₹4,747 2.5 15.5 5.3 12.3 10.9 4.9 Invesco India Tax Plan Growth ₹127.21
↑ 0.91 ₹2,764 5 21.5 -0.5 12.2 8.8 -2.8 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jul 23 Research Highlights & Commentary of 7 Funds showcased
Commentary IDBI Equity Advantage Fund HDFC Long Term Advantage Fund Baroda Pioneer ELSS 96 JM Tax Gain Fund BNP Paribas Long Term Equity Fund (ELSS) Tata India Tax Savings Fund Invesco India Tax Plan Point 1 Lower mid AUM (₹485 Cr). Upper mid AUM (₹1,318 Cr). Bottom quartile AUM (₹210 Cr). Bottom quartile AUM (₹242 Cr). Lower mid AUM (₹930 Cr). Highest AUM (₹4,747 Cr). Upper mid AUM (₹2,764 Cr). Point 2 Established history (13+ yrs). Oldest track record among peers (25 yrs). Established history (11+ yrs). Established history (18+ yrs). Established history (20+ yrs). Established history (11+ yrs). Established history (19+ yrs). Point 3 Rating: 3★ (upper mid). Rating: 3★ (upper mid). Not Rated. Rating: 3★ (lower mid). Rating: 3★ (lower mid). Top rated. Rating: 3★ (bottom quartile). Point 4 Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 9.97% (bottom quartile). 5Y return: 17.39% (top quartile). 5Y return: 11.62% (upper mid). 5Y return: 12.72% (upper mid). 5Y return: 10.29% (lower mid). 5Y return: 10.95% (lower mid). 5Y return: 8.76% (bottom quartile). Point 6 3Y return: 20.84% (top quartile). 3Y return: 20.64% (upper mid). 3Y return: 16.70% (upper mid). 3Y return: 15.65% (lower mid). 3Y return: 14.38% (lower mid). 3Y return: 12.33% (bottom quartile). 3Y return: 12.16% (bottom quartile). Point 7 1Y return: 16.92% (upper mid). 1Y return: 35.51% (top quartile). 1Y return: 17.56% (upper mid). 1Y return: 7.56% (lower mid). 1Y return: 3.72% (bottom quartile). 1Y return: 5.33% (lower mid). 1Y return: -0.50% (bottom quartile). Point 8 Alpha: 1.78 (lower mid). Alpha: 1.75 (bottom quartile). Alpha: 5.69 (upper mid). Alpha: 5.40 (upper mid). Alpha: 4.29 (lower mid). Alpha: 6.01 (top quartile). Alpha: 0.13 (bottom quartile). Point 9 Sharpe: 1.21 (upper mid). Sharpe: 2.27 (upper mid). Sharpe: 2.51 (top quartile). Sharpe: 0.22 (bottom quartile). Sharpe: 0.33 (lower mid). Sharpe: 0.40 (lower mid). Sharpe: 0.04 (bottom quartile). Point 10 Information ratio: -1.13 (bottom quartile). Information ratio: -0.15 (bottom quartile). Information ratio: -0.09 (lower mid). Information ratio: 0.70 (upper mid). Information ratio: 0.81 (top quartile). Information ratio: 0.18 (lower mid). Information ratio: 0.20 (upper mid). IDBI Equity Advantage Fund
HDFC Long Term Advantage Fund
Baroda Pioneer ELSS 96
JM Tax Gain Fund
BNP Paribas Long Term Equity Fund (ELSS)
Tata India Tax Savings Fund
Invesco India Tax Plan
*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.
The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized. Below is the key information for IDBI Equity Advantage 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 Research Highlights for HDFC Long Term Advantage Fund Below is the key information for HDFC Long Term Advantage Fund Returns up to 1 year are on The main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961. Research Highlights for Baroda Pioneer ELSS 96 Below is the key information for Baroda Pioneer ELSS 96 Returns up to 1 year are on The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns. Research Highlights for JM Tax Gain Fund Below is the key information for JM Tax Gain Fund Returns up to 1 year are on The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent fromtime to time. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. Research Highlights for BNP Paribas Long Term Equity Fund (ELSS) Below is the key information for BNP Paribas Long Term Equity Fund (ELSS) 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.. Research Highlights for Tata India Tax Savings Fund 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 generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities. Research Highlights for Invesco India Tax Plan Below is the key information for Invesco India Tax Plan Returns up to 1 year are on 1. IDBI Equity Advantage Fund
IDBI Equity Advantage Fund
Growth Launch Date 10 Sep 13 NAV (28 Jul 23) ₹43.39 ↑ 0.04 (0.09 %) Net Assets (Cr) ₹485 on 30 Jun 23 Category Equity - ELSS AMC IDBI Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.39 Sharpe Ratio 1.21 Information Ratio -1.13 Alpha Ratio 1.78 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value Returns for IDBI Equity Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 23 Duration Returns 1 Month 3.1% 3 Month 9.7% 6 Month 15.1% 1 Year 16.9% 3 Year 20.8% 5 Year 10% 10 Year 15 Year Since launch 16% Historical performance (Yearly) on absolute basis
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for IDBI Equity Advantage Fund
Name Since Tenure Data below for IDBI Equity Advantage Fund as on 30 Jun 23
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. HDFC Long Term Advantage Fund
HDFC Long Term Advantage Fund
Growth Launch Date 2 Jan 01 NAV (14 Jan 22) ₹595.168 ↑ 0.28 (0.05 %) Net Assets (Cr) ₹1,318 on 30 Nov 21 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.25 Sharpe Ratio 2.27 Information Ratio -0.15 Alpha Ratio 1.75 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value
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 28 Jul 23 Duration Returns 1 Month 4.4% 3 Month 1.2% 6 Month 15.4% 1 Year 35.5% 3 Year 20.6% 5 Year 17.4% 10 Year 15 Year Since launch 21.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for HDFC Long Term Advantage Fund
Name Since Tenure Data below for HDFC Long Term Advantage Fund as on 30 Nov 21
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 3. Baroda Pioneer ELSS 96
Baroda Pioneer ELSS 96
Growth Launch Date 2 Mar 15 NAV (11 Mar 22) ₹68.6676 ↑ 0.33 (0.48 %) Net Assets (Cr) ₹210 on 31 Jan 22 Category Equity - ELSS AMC Baroda Pioneer Asset Management Co. Ltd. Rating Risk Moderately High Expense Ratio 2.55 Sharpe Ratio 2.51 Information Ratio -0.09 Alpha Ratio 5.69 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value Returns for Baroda Pioneer ELSS 96
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 23 Duration Returns 1 Month -3.9% 3 Month -6.1% 6 Month -3.5% 1 Year 17.6% 3 Year 16.7% 5 Year 11.6% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for Baroda Pioneer ELSS 96
Name Since Tenure Data below for Baroda Pioneer ELSS 96 as on 31 Jan 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 4. JM Tax Gain Fund
JM Tax Gain Fund
Growth Launch Date 31 Mar 08 NAV (23 Sep 26) ₹52.8186 ↑ 0.29 (0.55 %) Net Assets (Cr) ₹242 on 31 Jul 26 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio 0.22 Information Ratio 0.7 Alpha Ratio 5.4 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 21 ₹10,000 31 Aug 22 ₹10,313 31 Aug 23 ₹12,320 31 Aug 24 ₹18,843 31 Aug 25 ₹17,349 31 Aug 26 ₹19,198 Returns for JM Tax Gain Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 23 Duration Returns 1 Month -0.4% 3 Month 6.6% 6 Month 25.3% 1 Year 7.6% 3 Year 15.7% 5 Year 12.7% 10 Year 15 Year Since launch 9.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 2.5% 2023 29% 2022 30.9% 2021 0.5% 2020 32.2% 2019 18.3% 2018 14.9% 2017 -4.6% 2016 42.6% 2015 5.2% Fund Manager information for JM Tax Gain Fund
Name Since Tenure Satish Ramanathan 1 Oct 24 1.83 Yr. Asit Bhandarkar 31 Dec 21 4.59 Yr. Ruchi Fozdar 4 Oct 24 1.82 Yr. Deepak Gupta 11 Apr 25 1.31 Yr. Data below for JM Tax Gain Fund as on 31 Jul 26
Equity Sector Allocation
Sector Value Financial Services 26.55% Consumer Cyclical 22.02% Technology 12.01% Basic Materials 7.84% Health Care 7.73% Industrials 7.47% Real Estate 3.92% Consumer Defensive 3.63% Energy 2.88% Communication Services 2.68% Utility 1.47% Asset Allocation
Asset Class Value Cash 1.79% Equity 98.21% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK3% ₹7 Cr 98,262 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 May 25 | SYRMA3% ₹7 Cr 52,357
↓ -7,100 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 25 | RELIANCE3% ₹7 Cr 53,400 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK3% ₹7 Cr 48,500 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Apr 25 | 5900033% ₹7 Cr 199,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL3% ₹6 Cr 32,950 One97 Communications Ltd (Technology)
Equity, Since 31 May 25 | PAYTM3% ₹6 Cr 47,371 Wework India Management Ltd (Real Estate)
Equity, Since 31 Oct 25 | WEWORK3% ₹6 Cr 83,621 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Aug 25 | UNITDSPR2% ₹6 Cr 37,100 CarTrade Tech Ltd (Consumer Cyclical)
Equity, Since 30 Sep 25 | 5433332% ₹6 Cr 20,655 5. BNP Paribas Long Term Equity Fund (ELSS)
BNP Paribas Long Term Equity Fund (ELSS)
Growth Launch Date 5 Jan 06 NAV (23 Sep 26) ₹99.0964 ↑ 0.58 (0.59 %) Net Assets (Cr) ₹930 on 31 Aug 26 Category Equity - ELSS AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.22 Sharpe Ratio 0.33 Information Ratio 0.81 Alpha Ratio 4.29 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 21 ₹10,000 31 Aug 22 ₹9,990 31 Aug 23 ₹11,213 31 Aug 24 ₹16,278 31 Aug 25 ₹15,895 31 Aug 26 ₹17,490 Returns for BNP Paribas Long Term Equity Fund (ELSS)
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 23 Duration Returns 1 Month -3.3% 3 Month 1.4% 6 Month 13.4% 1 Year 3.7% 3 Year 14.4% 5 Year 10.3% 10 Year 15 Year Since launch 11.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 4.8% 2023 23.6% 2022 31.3% 2021 -2.1% 2020 23.6% 2019 17.8% 2018 14.3% 2017 -9.3% 2016 42.3% 2015 -6.6% Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
Name Since Tenure Silky Jain 1 Jul 26 0.08 Yr. Yash Mehta 1 May 26 0.25 Yr. Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 31 Aug 26
Equity Sector Allocation
Sector Value Financial Services 29.14% Consumer Cyclical 16.76% Industrials 12.48% Basic Materials 9.22% Technology 7.35% Health Care 7.31% Energy 4.36% Consumer Defensive 4.27% Utility 2.92% Communication Services 2.58% Real Estate 0.53% Asset Allocation
Asset Class Value Cash 3.05% Equity 96.92% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK4% ₹36 Cr 250,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 22 | SBIN4% ₹33 Cr 318,000
↓ -12,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK4% ₹32 Cr 430,000
↓ -20,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 18 | RELIANCE3% ₹28 Cr 212,950
↓ -27,050 Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 May 25 | TITAN3% ₹27 Cr 55,000 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5323433% ₹26 Cr 60,500 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 Jan 25 | RADICO3% ₹26 Cr 59,011 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL3% ₹24 Cr 120,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 20 | LT3% ₹24 Cr 60,000
↓ -10,000 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 30 Nov 24 | 5001033% ₹24 Cr 580,000 6. Tata India Tax Savings Fund
Tata India Tax Savings Fund
Growth Launch Date 13 Oct 14 NAV (23 Sep 26) ₹47.0507 ↑ 0.40 (0.85 %) Net Assets (Cr) ₹4,747 on 31 Aug 26 Category Equity - ELSS AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.83 Sharpe Ratio 0.4 Information Ratio 0.18 Alpha Ratio 6.01 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 21 ₹10,000 31 Aug 22 ₹10,797 31 Aug 23 ₹12,310 31 Aug 24 ₹16,917 31 Aug 25 ₹15,967 31 Aug 26 ₹17,843 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 23 Duration Returns 1 Month -2% 3 Month 2.5% 6 Month 15.5% 1 Year 5.3% 3 Year 12.3% 5 Year 10.9% 10 Year 15 Year Since launch 13.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 4.9% 2023 19.5% 2022 24% 2021 5.9% 2020 30.4% 2019 11.9% 2018 13.6% 2017 -8.4% 2016 46% 2015 2.1% Fund Manager information for Tata India Tax Savings Fund
Name Since Tenure Sailesh Jain 16 Dec 21 4.63 Yr. Data below for Tata India Tax Savings Fund as on 31 Aug 26
Equity Sector Allocation
Sector Value Financial Services 33.96% Industrials 17.2% Consumer Cyclical 12.28% Health Care 6.93% Communication Services 6.03% Basic Materials 5.05% Energy 4.86% Technology 4.36% Utility 2.57% Real Estate 2.23% Consumer Defensive 1.54% Asset Allocation
Asset Class Value Cash 2.98% Equity 97.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 26 | BHARTIARTL6% ₹281 Cr 1,426,428 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK5% ₹240 Cr 3,210,000
↓ -140,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK5% ₹235 Cr 1,639,000
↓ -142,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN4% ₹210 Cr 2,040,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE4% ₹177 Cr 1,350,000 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | MOTHERSON3% ₹148 Cr 9,850,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LT3% ₹139 Cr 352,147 PB Fintech Ltd (Financial Services)
Equity, Since 28 Feb 26 | POLICYBZR3% ₹130 Cr 814,850 Cummins India Ltd (Industrials)
Equity, Since 31 Dec 20 | 5004803% ₹127 Cr 230,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 21 | 5325553% ₹120 Cr 3,451,000 7. Invesco India Tax Plan
Invesco India Tax Plan
Growth Launch Date 29 Dec 06 NAV (23 Sep 26) ₹127.21 ↑ 0.91 (0.72 %) Net Assets (Cr) ₹2,764 on 31 Aug 26 Category Equity - ELSS AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.88 Sharpe Ratio 0.04 Information Ratio 0.2 Alpha Ratio 0.13 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 21 ₹10,000 31 Aug 22 ₹9,900 31 Aug 23 ₹11,171 31 Aug 24 ₹16,088 31 Aug 25 ₹15,450 31 Aug 26 ₹16,161 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jul 23 Duration Returns 1 Month -0.9% 3 Month 5% 6 Month 21.5% 1 Year -0.5% 3 Year 12.2% 5 Year 8.8% 10 Year 15 Year Since launch 13.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 -2.8% 2023 25.2% 2022 30.9% 2021 -7.7% 2020 32.6% 2019 19.2% 2018 9.4% 2017 -1.3% 2016 35.7% 2015 3.4% Fund Manager information for Invesco India Tax Plan
Name Since Tenure Deepesh Kashyap 1 Jul 25 1.08 Yr. Data below for Invesco India Tax Plan as on 31 Aug 26
Equity Sector Allocation
Sector Value Financial Services 29.21% Consumer Cyclical 20.33% Industrials 16.04% Health Care 10.56% Basic Materials 6.42% Technology 5.76% Real Estate 4.77% Consumer Defensive 2.95% Communication Services 2.33% Energy 0.67% Asset Allocation
Asset Class Value Cash 0.96% Equity 99.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | HDFCBANK5% ₹126 Cr 1,680,697
↑ 327,773 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK4% ₹105 Cr 734,568 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jan 25 | 5000342% ₹65 Cr 568,914 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 26 | BHARTIARTL2% ₹63 Cr 318,943
↑ 41,171 Jyoti CNC Automation Ltd (Industrials)
Equity, Since 30 Jun 24 | JYOTICNC2% ₹61 Cr 759,061
↑ 67,098 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 26 | 5322152% ₹60 Cr 490,437 Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | ETERNAL2% ₹56 Cr 1,846,113 Coforge Ltd (Technology)
Equity, Since 31 May 24 | COFORGE2% ₹55 Cr 320,145 InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 May 25 | INDIGO2% ₹55 Cr 105,638 Metro Brands Ltd (Consumer Cyclical)
Equity, Since 31 Jan 24 | METROBRAND2% ₹53 Cr 507,885
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Research Highlights for IDBI Equity Advantage Fund