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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 ₹15.994
↓ -0.04 ₹1,315 -3 -7.8 -1.1 21.1 -2.3 HDFC Long Term Advantage Fund Growth ₹329.627
↑ 0.10 ₹1,447 -2.4 -6.7 -3.4 17 15.2 -3.9 Principal Tax Savings Fund Growth ₹188.83
↑ 0.04 ₹376 -6.3 -11.9 -11.3 16.3 16.1 -9.2 Motilal Oswal Long Term Equity Fund Growth ₹15.5253
↓ -0.02 ₹1,142 -4.6 -14.3 -12.1 16.1 -8.7 Tata India Tax Savings Fund Growth ₹16.4539
↓ -0.01 ₹1,575 -1 -8.3 -4.9 14.9 -8.4 DSP BlackRock Tax Saver Fund Growth ₹42.875
↑ 0.04 ₹4,692 -3.2 -10.5 -6.1 14.4 16.8 -7.6 Invesco India Tax Plan Growth ₹46.74
↓ -0.07 ₹696 -3 -12.1 -2.3 14.3 17.2 -1.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Feb 19 100 - 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 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 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 Below is the key information for Principal Tax Savings Fund 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 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 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 Below is the key information for DSP BlackRock Tax Saver 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 1. Mirae Asset Tax Saver Fund
CAGR/Annualized return of 16.1% 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 (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 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.
Date Value 31 Jan 16 ₹9,587 31 Jan 17 ₹12,180 31 Jan 18 ₹17,174 31 Jan 19 ₹16,435 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Feb 19 Duration Returns 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
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 2.85 Yr. Data below for Mirae Asset Tax Saver Fund as on 31 Jan 19
Equity Sector Allocation
Sector Value Financial Services 30.8% Consumer Cyclical 14.68% Technology 11.11% Basic Materials 9.77% Industrials 8.39% Consumer Defensive 8.1% Health Care 7.46% Energy 6.71% Utility 1.62% Asset Allocation
Asset Class Value Cash 1.36% Equity 98.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK8% ₹108 Cr 519,212
↑ 7,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322156% ₹72 Cr 1,001,193
↑ 61,403 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE5% ₹70 Cr 567,376 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK5% ₹66 Cr 1,814,273
↑ 192,877 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS4% ₹52 Cr 258,785
↑ 34,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN4% ₹49 Cr 1,676,357
↑ 175,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY3% ₹38 Cr 508,689
↑ 140,000 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL3% ₹37 Cr 780,478
↑ 69,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT3% ₹35 Cr 265,541 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | KOTAKBANK3% ₹34 Cr 274,336 2. HDFC Long Term Advantage Fund
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% . 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.
Date Value 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
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 19 Feb 19 Duration Returns 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
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 11.76 Yr. Amar Kalkundrikar 10 Jan 19 0 Yr. Data below for HDFC Long Term Advantage Fund as on 31 Jan 19
Equity Sector Allocation
Sector Value Financial Services 30.8% Industrials 17.18% Energy 12.82% Technology 9.86% Basic Materials 9.34% Consumer Defensive 4.58% Health Care 4.47% Consumer Cyclical 3.8% Utility 1.98% Communication Services 0.86% Asset Allocation
Asset Class Value Cash 4.3% Equity 95.7% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE10% ₹141 Cr 1,150,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK9% ₹134 Cr 645,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹120 Cr 3,300,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY8% ₹109 Cr 1,453,908 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT6% ₹80 Cr 607,500 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC5% ₹77 Cr 400,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN5% ₹76 Cr 2,600,000 Collateralised Borrowing & Lending Obligation
CBLO | -4% ₹65 Cr ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC4% ₹65 Cr 2,322,910 Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 5201133% ₹46 Cr 400,000 3. Principal Tax Savings Fund
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% . 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.
Date Value 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 Returns for Principal Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Feb 19 Duration Returns 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
Year Returns 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
Name Since Tenure P.V.K. Mohan 1 Sep 10 8.42 Yr. Data below for Principal Tax Savings Fund as on 31 Jan 19
Equity Sector Allocation
Sector Value Financial Services 27.26% Consumer Defensive 13.06% Basic Materials 11.41% Technology 11.05% Consumer Cyclical 8.78% Industrials 8.64% Utility 5.46% Health Care 5.17% Energy 4.39% Communication Services 1.32% Asset Allocation
Asset Class Value Cash 3.46% Equity 96.54% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK5% ₹19 Cr 91,334 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹19 Cr 509,143 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE4% ₹16 Cr 134,452 Treps 01-Feb-2019
CBLO/Reverse Repo | -4% ₹15 Cr Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS4% ₹14 Cr 68,640 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹13 Cr 455,396 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY3% ₹12 Cr 161,594 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK3% ₹11 Cr 89,915
↑ 18,500 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN3% ₹11 Cr 369,851 Tata Power Co Ltd (Utilities)
Equity, Since 30 Nov 17 | 5004003% ₹10 Cr 1,442,240 4. Motilal Oswal Long Term Equity Fund
CAGR/Annualized return of 11.4% 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 (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 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.
Date Value 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 Returns for Motilal Oswal Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Feb 19 Duration Returns 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
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 Gautam Roy 21 Jan 15 4.03 Yr. Snigdha Sharma 23 Jul 18 0.53 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 31 Jan 19
Equity Sector Allocation
Sector Value Financial Services 42.05% Consumer Cyclical 13.73% Technology 12.38% Industrials 11.35% Energy 7.2% Health Care 6.22% Consumer Defensive 2.02% Asset Allocation
Asset Class Value Cash 5.06% Equity 94.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK9% ₹100 Cr 478,696
↑ 9,238 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY7% ₹76 Cr 1,016,153
↓ -206,505 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC6% ₹73 Cr 377,865 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK6% ₹68 Cr 1,870,812
↑ 1,304,430 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT6% ₹65 Cr 494,894
↑ 23,118 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | INDUSINDBK5% ₹60 Cr 398,821 Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jan 15 | EICHERMOT4% ₹45 Cr 23,431
↑ 3,078 Cblo / Reverse Repo Investments
CBLO/Reverse Repo | -4% ₹44 Cr Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 16 | 5000344% ₹42 Cr 162,013
↓ -14,842 Petronet LNG Ltd (Energy)
Equity, Since 30 Apr 17 | 5325224% ₹41 Cr 1,822,080
↑ 42,747 5. Tata India Tax Savings Fund
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% . 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.
Date Value 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 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Feb 19 Duration Returns 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
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 3.59 Yr. Ennette Fernandes 18 Jun 18 0.37 Yr. Data below for Tata India Tax Savings Fund as on 31 Jan 19
Equity Sector Allocation
Sector Value Financial Services 42.14% Consumer Cyclical 14.39% Consumer Defensive 11.23% Industrials 8.73% Technology 8.05% Health Care 4.59% Energy 3.9% Basic Materials 3.13% Real Estate 0.67% Asset Allocation
Asset Class Value Cash 3.23% Equity 96.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK9% ₹146 Cr 4,015,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK7% ₹116 Cr 560,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322157% ₹108 Cr 1,500,000
↑ 140,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN6% ₹91 Cr 3,100,000
↑ 270,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY5% ₹76 Cr 1,020,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK4% ₹62 Cr 495,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE4% ₹61 Cr 500,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC4% ₹60 Cr 310,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC3% ₹53 Cr 1,900,000
↑ 570,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹50 Cr 250,000 6. DSP BlackRock Tax Saver Fund
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% . 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.
Date Value 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 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Feb 19 Duration Returns 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
Year Returns 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
Name Since Tenure Rohit Singhania 16 Jul 15 3.3 Yr. Data below for DSP BlackRock Tax Saver Fund as on 31 Jan 19
Equity Sector Allocation
Sector Value Financial Services 38.58% Technology 12.12% Basic Materials 11.29% Health Care 8.24% Industrials 7.54% Consumer Defensive 5.29% Consumer Cyclical 5.01% Energy 4.29% Utility 3.29% Real Estate 0.72% Asset Allocation
Asset Class Value Cash 3.63% Equity 96.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK8% ₹398 Cr 10,930,421
↓ -1,235,880 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK8% ₹382 Cr 1,838,413
↓ -44,572 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹192 Cr Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY4% ₹185 Cr 2,471,052
↓ -394,693 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322154% ₹179 Cr 2,481,545
↑ 882,227 State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN3% ₹152 Cr 5,163,304
↓ -1,206,718 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT3% ₹149 Cr 1,131,025
↓ -99,369 Tech Mahindra Ltd (Technology)
Equity, Since 30 Jun 18 | 5327553% ₹127 Cr 1,729,994
↓ -163,621 Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA2% ₹117 Cr 1,483,411
↑ 140,608 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK2% ₹111 Cr 885,953
↑ 184,810 7. Invesco India Tax Plan
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% . 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.
Date Value 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 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Feb 19 Duration Returns 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
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 0.59 Yr. Dhimant Kothari 29 Mar 18 0.59 Yr. Data below for Invesco India Tax Plan as on 31 Jan 19
Equity Sector Allocation
Sector Value Financial Services 32.95% Consumer Cyclical 15.03% Technology 11.42% Industrials 11.41% Energy 8.87% Consumer Defensive 5.83% Health Care 4.47% Basic Materials 3.39% Utility 3.17% Asset Allocation
Asset Class Value Cash 3.46% Equity 96.54% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹60 Cr 290,808
↓ -5,113 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE7% ₹49 Cr 397,866
↓ -19,587 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC7% ₹45 Cr 236,674 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK6% ₹43 Cr 1,167,075 Infosys Ltd (Technology)
Equity, Since 30 Jun 15 | INFY6% ₹41 Cr 541,233 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | INDUSINDBK4% ₹29 Cr 192,275
↑ 10,835 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT4% ₹28 Cr 214,136 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322154% ₹25 Cr 342,578
↑ 24,867 Triparty Repo
CBLO/Reverse Repo | -3% ₹23 Cr United Breweries Ltd (Consumer Defensive)
Equity, Since 31 May 16 | 5324783% ₹22 Cr 151,713
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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