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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 November 30, 2022 , 2224 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 (%)2021 (%)
BOI AXA Tax Advantage Fund Growth ₹104.31
↑ 0.09
₹6765.415.33.324.313.741.5
IDFC Tax Advantage (ELSS) Fund Growth ₹104.337
↓ -0.12
₹3,9865.612.19.723.81349.2
Canara Robeco Equity Tax Saver Growth ₹121.46
↓ -0.42
₹4,4073.813.14.621.816.135.1
HDFC Long Term Advantage Fund Growth ₹595.168
↑ 0.28
₹1,3181.215.435.520.617.4
PGIM India Tax Savings Fund Growth ₹25.46
↓ -0.09
₹4376.612.99.320.21337.5
Principal Tax Savings Fund Growth ₹351.86
↓ -1.21
₹9843.812.47.819.410.432.1
Kotak Tax Saver Fund Growth ₹78.116
↓ -0.18
₹3,0635.614.79.21913.433.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Dec 22
*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. BOI AXA Tax Advantage Fund

The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.)

BOI AXA Tax Advantage Fund is a Equity - ELSS fund was launched on 25 Feb 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 18.6% since its launch.  Ranked 13 in ELSS category.  Return for 2021 was 41.5% , 2020 was 31.2% and 2019 was 14.6% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (02 Dec 22) ₹104.31 ↑ 0.09   (0.09 %)
Net Assets (Cr) ₹676 on 31 Oct 22
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.54
Sharpe Ratio -0.13
Information Ratio 0.63
Alpha Ratio -2.68
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Nov 17₹10,000
30 Nov 18₹8,640
30 Nov 19₹9,797
30 Nov 20₹12,291
30 Nov 21₹17,822
30 Nov 22₹18,647

BOI AXA Tax 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 ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for BOI AXA Tax 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 2 Dec 22

DurationReturns
1 Month 1.8%
3 Month 5.4%
6 Month 15.3%
1 Year 3.3%
3 Year 24.3%
5 Year 13.7%
10 Year
15 Year
Since launch 18.6%
Historical performance (Yearly) on absolute basis
YearReturns
2021 41.5%
2020 31.2%
2019 14.6%
2018 -16.3%
2017 57.7%
2016 -1.2%
2015 2.1%
2014 44%
2013 9.1%
2012 24.8%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Alok Singh27 Apr 220.51 Yr.

Data below for BOI AXA Tax Advantage Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services33%
Consumer Cyclical21.23%
Basic Materials9.75%
Industrials8.51%
Consumer Defensive8.31%
Health Care5.53%
Energy4.24%
Technology3.47%
Utility3.12%
Real Estate2.12%
Communication Services0.79%
Asset Allocation
Asset ClassValue
Equity100.07%
Debt0.08%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
7%₹46 Cr529,340
State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN
6%₹40 Cr750,000
↑ 79,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
5%₹32 Cr225,000
↑ 11,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
3%₹22 Cr91,009
NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 532555
3%₹20 Cr1,260,000
Canara Bank (Financial Services)
Equity, Since 31 Aug 22 | 532483
3%₹18 Cr800,000
↑ 245,000
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 28 Feb 22 | VBL
3%₹18 Cr168,692
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | M&M
3%₹17 Cr134,000
↓ -8,000
Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | SCHAEFFLER
3%₹16 Cr51,000
↓ -4,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
2%₹16 Cr87,607

2. IDFC Tax Advantage (ELSS) Fund

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund was launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 18.3% since its launch.  Ranked 3 in ELSS category.  Return for 2021 was 49.2% , 2020 was 18.7% and 2019 was 1.9% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (02 Dec 22) ₹104.337 ↓ -0.12   (-0.11 %)
Net Assets (Cr) ₹3,986 on 31 Oct 22
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.95
Sharpe Ratio 0.09
Information Ratio 0.72
Alpha Ratio 0.88
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Nov 17₹10,000
30 Nov 18₹9,369
30 Nov 19₹9,627
30 Nov 20₹10,592
30 Nov 21₹16,224
30 Nov 22₹18,181

IDFC Tax Advantage (ELSS) 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 IDFC Tax Advantage (ELSS) Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Dec 22

DurationReturns
1 Month 2.3%
3 Month 5.6%
6 Month 12.1%
1 Year 9.7%
3 Year 23.8%
5 Year 13%
10 Year
15 Year
Since launch 18.3%
Historical performance (Yearly) on absolute basis
YearReturns
2021 49.2%
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%
2012 36.2%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 166.04 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services26.85%
Consumer Cyclical16.69%
Industrials12.43%
Basic Materials10.16%
Technology9.16%
Health Care7.14%
Energy3.43%
Consumer Defensive3.25%
Communication Services2.94%
Utility0.84%
Asset Allocation
Asset ClassValue
Cash7.11%
Equity92.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
9%₹328 Cr3,800,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
5%₹198 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹186 Cr3,500,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹149 Cr1,050,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
3%₹131 Cr550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹112 Cr1,400,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹105 Cr2,600,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
3%₹101 Cr800,000
↓ -100,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 532215
3%₹99 Cr1,350,000
VRL Logistics Ltd (Industrials)
Equity, Since 30 Nov 15 | VRLLOG
2%₹90 Cr1,475,000

3. 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 19.8% since its launch.  Ranked 36 in ELSS category.  Return for 2021 was 35.1% , 2020 was 27.4% and 2019 was 10.7% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (02 Dec 22) ₹121.46 ↓ -0.42   (-0.34 %)
Net Assets (Cr) ₹4,407 on 31 Oct 22
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio -0.14
Information Ratio 0.37
Alpha Ratio -2.73
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Nov 17₹10,000
30 Nov 18₹10,518
30 Nov 19₹11,613
30 Nov 20₹13,850
30 Nov 21₹19,613
30 Nov 22₹20,876

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 ₹458,689.
Net Profit of ₹158,689
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 2 Dec 22

DurationReturns
1 Month 1.9%
3 Month 3.8%
6 Month 13.1%
1 Year 4.6%
3 Year 21.8%
5 Year 16.1%
10 Year
15 Year
Since launch 19.8%
Historical performance (Yearly) on absolute basis
YearReturns
2021 35.1%
2020 27.4%
2019 10.7%
2018 2.7%
2017 32%
2016 0%
2015 0.6%
2014 45.2%
2013 5.3%
2012 30%
Fund Manager information for Canara Robeco Equity Tax Saver
NameSinceTenure
Vishal Mishra26 Jun 211.35 Yr.
Shridatta Bhandwaldar1 Oct 193.09 Yr.

Data below for Canara Robeco Equity Tax Saver as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services31.48%
Consumer Cyclical16.56%
Technology9.49%
Industrials8.99%
Basic Materials8.55%
Health Care6.52%
Consumer Defensive5.79%
Energy4.09%
Communication Services2.42%
Real Estate1.63%
Utility1.6%
Asset Allocation
Asset ClassValue
Cash2.88%
Equity97.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
8%₹335 Cr3,891,000
↓ -45,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
6%₹266 Cr1,872,184
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
6%₹266 Cr1,881,310
↑ 190,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE
4%₹171 Cr718,500
↑ 20,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
3%₹142 Cr2,680,000
↓ -150,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹140 Cr1,903,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
3%₹107 Cr145,450
↑ 10,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | HINDUNILVR
2%₹104 Cr386,690
↑ 30,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | MARUTI
2%₹103 Cr116,500
↑ 5,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 21 | BHARTIARTL
2%₹101 Cr1,265,000

4. 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 21.4% since its launch.  Ranked 23 in ELSS category. .

Below is the key information for 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.

DateValue
30 Nov 17₹10,000
30 Nov 18₹9,986
30 Nov 19₹10,901
30 Nov 20₹11,380
30 Nov 21₹16,326

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 ₹470,047.
Net Profit of ₹170,047
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 2 Dec 22

DurationReturns
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
YearReturns
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure

Data below for HDFC Long Term Advantage Fund as on 30 Nov 21

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

5. PGIM India Tax Savings Fund

"The primary objective of the Scheme is to generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time. However, there is no assurance that the investment objective shall be realize"

PGIM India Tax Savings Fund is a Equity - ELSS fund was launched on 11 Dec 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.3% since its launch.  Return for 2021 was 37.5% , 2020 was 17.9% and 2019 was 8.2% .

Below is the key information for PGIM India Tax Savings Fund

PGIM India Tax Savings Fund
Growth
Launch Date 11 Dec 15
NAV (02 Dec 22) ₹25.46 ↓ -0.09   (-0.35 %)
Net Assets (Cr) ₹437 on 31 Oct 22
Category Equity - ELSS
AMC Pramerica Asset Managers Private Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 0
Sharpe Ratio 0.22
Information Ratio 0.13
Alpha Ratio 3.02
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Nov 17₹10,000
30 Nov 18₹9,735
30 Nov 19₹10,501
30 Nov 20₹11,331
30 Nov 21₹16,428
30 Nov 22₹18,210

PGIM 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 ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for PGIM 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 2 Dec 22

DurationReturns
1 Month 2.8%
3 Month 6.6%
6 Month 12.9%
1 Year 9.3%
3 Year 20.2%
5 Year 13%
10 Year
15 Year
Since launch 14.3%
Historical performance (Yearly) on absolute basis
YearReturns
2021 37.5%
2020 17.9%
2019 8.2%
2018 -6.4%
2017 39.3%
2016 1.7%
2015
2014
2013
2012
Fund Manager information for PGIM India Tax Savings Fund
NameSinceTenure
Srinivas Ravuri14 Sep 193.13 Yr.
Puneet Pal1 Dec 210.92 Yr.
Utkarsh Katkoria1 Jun 211.42 Yr.

Data below for PGIM India Tax Savings Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services32.75%
Health Care9.73%
Industrials9.47%
Technology8.97%
Basic Materials6.91%
Energy6.74%
Consumer Cyclical6.17%
Utility5.03%
Communication Services4.68%
Consumer Defensive3.63%
Asset Allocation
Asset ClassValue
Cash5.68%
Equity94.09%
Debt0.24%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | ICICIBANK
8%₹32 Cr370,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 17 | RELIANCE
6%₹24 Cr99,750
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
6%₹23 Cr161,129
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
5%₹22 Cr154,200
HDFC Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 22 | HDFCLIFE
5%₹20 Cr377,700
↑ 155,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 19 | BHARTIARTL
5%₹19 Cr240,805
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 17 | LT
4%₹18 Cr95,664
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | 532215
4%₹16 Cr218,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹16 Cr294,174
ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 17 | ITC
4%₹15 Cr450,000

6. 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 16.1% since its launch.  Ranked 8 in ELSS category.  Return for 2021 was 32.1% , 2020 was 18.9% and 2019 was 2.5% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (02 Dec 22) ₹351.86 ↓ -1.21   (-0.34 %)
Net Assets (Cr) ₹984 on 31 Oct 22
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.44
Sharpe Ratio 0.06
Information Ratio 0.41
Alpha Ratio 0.62
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Nov 17₹10,000
30 Nov 18₹9,298
30 Nov 19₹9,567
30 Nov 20₹10,593
30 Nov 21₹14,817
30 Nov 22₹16,230

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 ₹395,578.
Net Profit of ₹95,578
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 2 Dec 22

DurationReturns
1 Month 1.6%
3 Month 3.8%
6 Month 12.4%
1 Year 7.8%
3 Year 19.4%
5 Year 10.4%
10 Year
15 Year
Since launch 16.1%
Historical performance (Yearly) on absolute basis
YearReturns
2021 32.1%
2020 18.9%
2019 2.5%
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
2013 8.5%
2012 46.5%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 193.01 Yr.
Rohit Seksaria1 Jan 220.83 Yr.

Data below for Principal Tax Savings Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services37.64%
Consumer Cyclical15.97%
Industrials12.51%
Technology9.48%
Health Care5.49%
Consumer Defensive4.13%
Energy3.9%
Basic Materials3.69%
Communication Services2.1%
Real Estate0.8%
Asset Allocation
Asset ClassValue
Cash3.96%
Equity96.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹89 Cr1,034,000
↓ -10,215
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
5%₹48 Cr335,117
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹42 Cr787,020
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
4%₹41 Cr288,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
4%₹37 Cr155,000
Ashok Leyland Ltd (Industrials)
Equity, Since 31 Aug 20 | 500477
4%₹37 Cr2,405,310
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
4%₹36 Cr157,000
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | POLYCAB
3%₹32 Cr126,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
3%₹30 Cr410,005
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 19 | MARUTI
3%₹29 Cr33,000

7. Kotak Tax Saver Fund

The investment objective of the scheme is to generate longterm capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.

Kotak Tax Saver Fund is a Equity - ELSS fund was launched on 23 Nov 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.8% since its launch.  Ranked 19 in ELSS category.  Return for 2021 was 33.2% , 2020 was 14.9% and 2019 was 12.7% .

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund
Growth
Launch Date 23 Nov 05
NAV (02 Dec 22) ₹78.116 ↓ -0.18   (-0.23 %)
Net Assets (Cr) ₹3,063 on 31 Oct 22
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 0.25
Information Ratio 0.16
Alpha Ratio 3.62
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Nov 17₹10,000
30 Nov 18₹9,769
30 Nov 19₹11,000
30 Nov 20₹12,066
30 Nov 21₹16,747
30 Nov 22₹18,514

Kotak 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 Kotak 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 2 Dec 22

DurationReturns
1 Month 2.4%
3 Month 5.6%
6 Month 14.7%
1 Year 9.2%
3 Year 19%
5 Year 13.4%
10 Year
15 Year
Since launch 12.8%
Historical performance (Yearly) on absolute basis
YearReturns
2021 33.2%
2020 14.9%
2019 12.7%
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
2012 36.2%
Fund Manager information for Kotak Tax Saver Fund
NameSinceTenure
Harsha Upadhyaya25 Aug 157.19 Yr.

Data below for Kotak Tax Saver Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services27.04%
Industrials18%
Basic Materials16.14%
Consumer Cyclical9.97%
Technology6.99%
Consumer Defensive6.52%
Health Care4.29%
Energy4.09%
Communication Services2.01%
Utility1.95%
Asset Allocation
Asset ClassValue
Cash2.99%
Equity97.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹224 Cr2,600,000
↓ -100,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
5%₹159 Cr3,000,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
4%₹119 Cr500,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹113 Cr800,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
4%₹112 Cr1,525,000
↑ 225,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹106 Cr575,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 21 | ITC
4%₹103 Cr3,100,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹90 Cr360,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
3%₹78 Cr550,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Aug 21 | 500034
2%₹70 Cr95,000

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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