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8 Best ELSS Tax Saving Mutual Funds 2019 | fincash.com

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8 Best ELSS Tax Saving Mutual Funds 2019

Updated on March 22, 2019 , 12628 views

With the financial year coming to an end, it is the time to begin your Tax Planning. With so many tax savings options in India, ELSS stands out the best because they offer benefits beyond tax savings.

ELSS or Equity Linked Saving Schemes comes with a lock-in period of 3 years, which is the shortest holding compared to all other tax savings. By Investing in ELSS, one can attain deductions upto INR 1,50,000 from their taxable income as per the Section 80C of Income Tax Act. As, ELSS funds are equity diversified with a major portion of the fund being invested in equity & related products, they provide equity returns too. This means that investors can also earn equity returns on their investments.

ELSS

Before we look at some of the other important features of this scheme, let’s check the best ELSS tax saving Mutual Funds for 2019 – 2020.

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Why Choose ELSS for Tax Savings?

The other major benefits of ELSS are:

Tax Free Returns

As per the Budget 2018, ELSS would attract Long Term Capital Gains (LTCG). Investors would be taxed at 10% (with no indexation) under long term Capital Gain tax. Gains up to INR 1 lakh are free of tax. Tax at 10% applies to gains above INR 1 lakh.

Minimum Investment Amount

By taking a SIP route, investors can invest an amount as low as INR 500. This allows an individual to save money every month instead of a lump sum.

Equity Returns

Since these mutual funds invest in equity-related instruments, the money you invest grows as the stock market grows. So, the gains are high in ELSS Funds.

Best Performing ELSS Tax Saving Mutual Funds FY 19 - 20

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Aditya Birla Sun Life Tax Relief '96 Growth ₹31.11
↓ -0.09
₹7,5611.9-2.13.114.818.7-4.5
DSP BlackRock Tax Saver Fund Growth ₹47.399
↓ -0.15
₹4,7406.54.17.115.218-7.6
Invesco India Tax Plan Growth ₹50.39
↓ -0.38
₹7123.907.314.617.8-1.3
Kotak Tax Saver Scheme Growth ₹43.109
↓ -0.14
₹7914.73.28.714.517.2-3.8
IDFC Tax Advantage (ELSS) Fund Growth ₹55.59
↓ -0.29
₹1,7413.5-0.8-0.615.717.2-9.4
IDBI Equity Advantage Fund Growth ₹25.62
↓ -0.02
₹587-3.4-5.40.910.317-1.7
Principal Tax Savings Fund Growth ₹205.65
↓ -0.89
₹3712.3-1.60.816.316.9-9.2
Franklin India Taxshield Growth ₹565.469
↓ -1.63
₹3,6663.91.27.411.316.1-3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Mar 19

*Above is list of ELSS - Equity Mutual Funds having net assets between 100 - 15000 Crore & managing assets since last 3 years. Sorted on returns of last 5 years annualized/CAGR basis.

Who Can Invest in ELSS Fund?

Generally, ELSS Mutual Funds are suitable for all kinds of investors who are willing to take market-linked risks for tax planning and saving money. Anyone can invest in ELSS funds at any point of time in their life. However, it is suggested to invest in tax saving ELSS funds during the early stage of your career so that your money grows over time and you earn better returns.

Hence, save tax and earn good returns both at the same time by investing in Best elss Funds. Investors should be aware that amount invested in ELSS funds is locked for 3 Years.

Investors can invest in ELSS mutual funds as lumpsum (One Time) of SIP (Systematic Investment plan). It is advised for beginners to generally invest using SIP as it better suited for them.

1. Aditya Birla Sun Life Tax Relief '96

An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities

Aditya Birla Sun Life Tax Relief '96 is a Equity - ELSS fund was launched on 6 Mar 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.8% since its launch.  Ranked 4 in ELSS category.  Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% .

Below is the key information for Aditya Birla Sun Life Tax Relief '96

Aditya Birla Sun Life Tax Relief '96
Growth
Launch Date 6 Mar 08
NAV (22 Mar 19) ₹31.11 ↓ -0.09   (-0.29 %)
Net Assets (Cr) ₹7,561 on 28 Feb 19
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.42
Sharpe Ratio -0.37
Information Ratio -0.14
Alpha Ratio -4.04
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹17,030
29 Feb 16₹14,809
28 Feb 17₹18,917
28 Feb 18₹24,178
28 Feb 19₹23,375

Aditya Birla Sun Life Tax Relief '96 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for Aditya Birla Sun Life Tax Relief '96

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 4.5%
3 Month 1.9%
6 Month -2.1%
1 Year 3.1%
3 Year 14.8%
5 Year 18.7%
10 Year
15 Year
Since launch 10.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -4.5%
2017 43.2%
2016 3.4%
2015 9.2%
2014 54.6%
2013 9.1%
2012 36.6%
2011 -29.6%
2010 13.5%
2009 102.8%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0612.34 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services20.34%
Consumer Cyclical19.86%
Health Care13.24%
Industrials11.88%
Basic Materials11.03%
Consumer Defensive9.02%
Energy7.81%
Technology5.18%
Asset Allocation
Asset ClassValue
Cash1.64%
Equity98.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
8%₹590 Cr4,795,108
↑ 127,972
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
7%₹551 Cr255,146
↑ 3,082
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹514 Cr788,960
↑ 16,596
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
6%₹466 Cr1,073,304
↑ 25,110
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
6%₹459 Cr1,417,590
↑ 13,199
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
5%₹399 Cr2,166,003
↑ 220,797
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
4%₹340 Cr2,544,125
↑ 46,251
Thomas Cook India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 15 | THOMASCOOK
4%₹329 Cr15,532,569
↑ 266,042
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹277 Cr2,286,465
↑ 452,500
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
3%₹258 Cr1,996,386
↑ 253,125

2. DSP BlackRock Tax Saver Fund

The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.

DSP BlackRock Tax Saver Fund is a Equity - ELSS fund was launched on 18 Jan 07. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.6% since its launch.  Ranked 12 in ELSS category.  Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (22 Mar 19) ₹47.399 ↓ -0.15   (-0.30 %)
Net Assets (Cr) ₹4,740 on 28 Feb 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio -0.41
Information Ratio -0.05
Alpha Ratio -2.17
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,130
29 Feb 16₹13,830
28 Feb 17₹19,583
28 Feb 18₹22,984
28 Feb 19₹21,978

DSP BlackRock Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for DSP BlackRock Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 8.1%
3 Month 6.5%
6 Month 4.1%
1 Year 7.1%
3 Year 15.2%
5 Year 18%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -7.6%
2017 36.3%
2016 11.3%
2015 4.4%
2014 52.2%
2013 6.7%
2012 39.8%
2011 -26.7%
2010 23.3%
2009 84.2%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 153.55 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services37.14%
Basic Materials13.54%
Technology12.01%
Health Care8.35%
Industrials7.68%
Consumer Defensive6%
Energy4.76%
Consumer Cyclical4.57%
Utility3.75%
Real Estate0.71%
Asset Allocation
Asset ClassValue
Cash1.47%
Equity98.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹422 Cr12,051,260
↑ 1,120,839
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹382 Cr1,838,413
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹206 Cr2,898,029
↑ 416,484
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹184 Cr2,502,741
↑ 31,689
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹159 Cr1,225,918
↑ 94,893
State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN
3%₹135 Cr5,010,825
↓ -152,479
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
3%₹133 Cr1,094,394
↑ 208,441
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹123 Cr878,387
↑ 116,770
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH
2%₹117 Cr1,112,891
↑ 221,675
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA
2%₹110 Cr1,547,126
↑ 63,715

3. Invesco India Tax Plan

The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.1% since its launch.  Ranked 17 in ELSS category.  Return for 2018 was -1.3% , 2017 was 35.7% and 2016 was 3.4% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (22 Mar 19) ₹50.39 ↓ -0.38   (-0.75 %)
Net Assets (Cr) ₹712 on 28 Feb 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.71
Sharpe Ratio -0.27
Information Ratio -0.4
Alpha Ratio -2.55
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,856
29 Feb 16₹14,065
28 Feb 17₹18,377
28 Feb 18₹22,540
28 Feb 19₹22,112

Invesco India Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.3%
3 Month 3.9%
6 Month 0%
1 Year 7.3%
3 Year 14.6%
5 Year 17.8%
10 Year
15 Year
Since launch 14.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
2013 10.1%
2012 30.3%
2011 -18.9%
2010 22.1%
2009 83.5%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 180.85 Yr.
Dhimant Kothari29 Mar 180.85 Yr.

Data below for Invesco India Tax Plan as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services32.26%
Consumer Cyclical14.86%
Industrials11.61%
Technology11.28%
Energy9.1%
Consumer Defensive5.72%
Health Care4.55%
Basic Materials3.32%
Utility2.89%
Asset Allocation
Asset ClassValue
Cash4.41%
Equity95.59%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
8%₹60 Cr290,808
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
7%₹52 Cr423,645
↑ 25,779
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
6%₹44 Cr236,674
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹43 Cr1,218,376
↑ 51,301
Infosys Ltd (Technology)
Equity, Since 30 Jun 15 | INFY
6%₹40 Cr541,233
Triparty Repo
CBLO/Reverse Repo | -
4%₹31 Cr
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | INDUSINDBK
4%₹28 Cr192,275
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
4%₹28 Cr214,136
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
3%₹24 Cr342,578
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 09 | MARUTI
3%₹21 Cr30,373

4. Kotak Tax Saver Scheme

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 Scheme 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 11.6% since its launch.  Ranked 19 in ELSS category.  Return for 2018 was -3.8% , 2017 was 33.8% and 2016 was 7.5% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (22 Mar 19) ₹43.109 ↓ -0.14   (-0.32 %)
Net Assets (Cr) ₹791 on 28 Feb 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.73
Sharpe Ratio -0.18
Information Ratio -0.14
Alpha Ratio 1.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,979
29 Feb 16₹13,822
28 Feb 17₹19,205
28 Feb 18₹21,840
28 Feb 19₹21,814

Kotak Tax Saver Scheme SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Kotak Tax Saver Scheme

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.2%
3 Month 4.7%
6 Month 3.2%
1 Year 8.7%
3 Year 14.5%
5 Year 17.2%
10 Year
15 Year
Since launch 11.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
2012 36.2%
2011 -26%
2010 19.9%
2009 75%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

Data below for Kotak Tax Saver Scheme as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services27.52%
Industrials16.11%
Basic Materials13.08%
Technology11.49%
Energy7.96%
Consumer Defensive7.85%
Consumer Cyclical6.13%
Health Care4.28%
Utility4.19%
Asset Allocation
Asset ClassValue
Cash1.2%
Equity98.74%
Debt0%
Other0.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹57 Cr464,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹50 Cr240,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹50 Cr700,000
↑ 100,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹46 Cr1,325,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹34 Cr170,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹33 Cr450,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹32 Cr45,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹32 Cr245,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹23 Cr395,000
Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 30 Jun 18 | BHARATFIN
3%₹20 Cr219,090

5. 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 18.2% since its launch.  Ranked 3 in ELSS category.  Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (22 Mar 19) ₹55.59 ↓ -0.29   (-0.52 %)
Net Assets (Cr) ₹1,741 on 28 Feb 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.74
Sharpe Ratio -0.96
Information Ratio -0.07
Alpha Ratio -12.71
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,810
29 Feb 16₹13,056
28 Feb 17₹17,607
28 Feb 18₹23,485
28 Feb 19₹20,833

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 ₹470,047.
Net Profit of ₹170,047
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 22 Mar 19

DurationReturns
1 Month 8.7%
3 Month 3.5%
6 Month -0.8%
1 Year -0.6%
3 Year 15.7%
5 Year 17.2%
10 Year
15 Year
Since launch 18.2%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%
2012 36.2%
2011 -23.3%
2010 24%
2009 70.8%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 162.28 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services27.22%
Consumer Cyclical15.53%
Basic Materials11.17%
Technology9.68%
Industrials8.39%
Health Care6.3%
Energy5.83%
Utility5.15%
Consumer Defensive4.63%
Asset Allocation
Asset ClassValue
Cash5.09%
Equity94.9%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
6%₹105 Cr3,000,000
↑ 100,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹92 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹73 Cr350,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
4%₹70 Cr950,000
↓ -25,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹68 Cr550,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹65 Cr2,400,000
↑ 100,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹64 Cr900,000
↑ 50,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹46 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹44 Cr1,041,754
↑ 21,754
Nestle India Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | NESTLEIND
2%₹32 Cr30,000

6. IDBI Equity Advantage Fund

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.

IDBI Equity Advantage Fund is a Equity - ELSS fund was launched on 10 Sep 13. It is a fund with Moderately High risk and has given a CAGR/Annualized return of since its launch.  Ranked 21 in ELSS category.  Return for 2018 was -1.7% , 2017 was 35.3% and 2016 was 0% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (22 Mar 19) ₹25.62 ↓ -0.02   (-0.08 %)
Net Assets (Cr) ₹587 on 28 Feb 19
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.86
Sharpe Ratio -0.51
Information Ratio -0.74
Alpha Ratio -7.14
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹18,538
29 Feb 16₹16,063
28 Feb 17₹19,309
28 Feb 18₹23,883
28 Feb 19₹22,305

IDBI Equity 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

Returns for IDBI Equity 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 22 Mar 19

DurationReturns
1 Month 4.3%
3 Month -3.4%
6 Month -5.4%
1 Year 0.9%
3 Year 10.3%
5 Year 17%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
2011
2010
2009
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Uma Venkatraman1 Jul 180.59 Yr.
Ayushi Sethia9 Oct 180.31 Yr.

Data below for IDBI Equity Advantage Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Consumer Cyclical31.67%
Financial Services21.63%
Consumer Defensive20.23%
Basic Materials12.03%
Industrials10.93%
Health Care2.04%
Asset Allocation
Asset ClassValue
Cash1.47%
Equity98.53%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
6%₹38 Cr308,490
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
6%₹36 Cr15,969
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
6%₹33 Cr287,946
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
5%₹31 Cr686,342
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
5%₹30 Cr246,474
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
5%₹28 Cr88,342
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
5%₹28 Cr4,950
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
5%₹27 Cr194,293
Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | EICHERMOT
4%₹26 Cr13,037
Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | NESTLEIND
4%₹25 Cr23,954

7. 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 2018 was -9.2% , 2017 was 48.8% and 2016 was 6.2% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (22 Mar 19) ₹205.65 ↓ -0.89   (-0.43 %)
Net Assets (Cr) ₹371 on 28 Feb 19
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.88
Sharpe Ratio -0.72
Information Ratio 0.28
Alpha Ratio -7.76
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,852
29 Feb 16₹12,866
28 Feb 17₹18,394
28 Feb 18₹23,614
28 Feb 19₹21,284

Principal Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for Principal Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.7%
3 Month 2.3%
6 Month -1.6%
1 Year 0.8%
3 Year 16.3%
5 Year 16.9%
10 Year
15 Year
Since launch 16.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
2013 8.5%
2012 46.5%
2011 -30.4%
2010 15%
2009 64.7%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
P.V.K. Mohan1 Sep 108.42 Yr.

Data below for Principal Tax Savings Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services27.86%
Consumer Defensive14.03%
Technology11.16%
Basic Materials10.87%
Consumer Cyclical9.06%
Industrials8.09%
Utility5.33%
Health Care4.6%
Energy4.46%
Communication Services1.39%
Asset Allocation
Asset ClassValue
Cash3.15%
Equity96.85%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
5%₹19 Cr91,334
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹18 Cr509,143
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
4%₹17 Cr134,452
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
4%₹14 Cr68,640
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹13 Cr455,396
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹11 Cr89,915
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
3%₹11 Cr145,594
↓ -16,000
Treps 01-Mar-2019
CBLO/Reverse Repo | -
3%₹10 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
3%₹10 Cr77,262
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹10 Cr369,851

8. Franklin India Taxshield

The primary objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate

Franklin India Taxshield is a Equity - ELSS fund was launched on 10 Apr 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 22.4% since its launch.  Ranked 28 in ELSS category.  Return for 2018 was -3% , 2017 was 29.1% and 2016 was 4.7% .

Below is the key information for Franklin India Taxshield

Franklin India Taxshield
Growth
Launch Date 10 Apr 99
NAV (22 Mar 19) ₹565.469 ↓ -1.63   (-0.29 %)
Net Assets (Cr) ₹3,666 on 28 Feb 19
Category Equity - ELSS
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 2.35
Sharpe Ratio -0.36
Information Ratio -1.09
Alpha Ratio -1.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,494
29 Feb 16₹14,464
28 Feb 17₹18,626
28 Feb 18₹21,218
28 Feb 19₹20,747

Franklin India Taxshield 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 Franklin India Taxshield

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19

DurationReturns
1 Month 6.3%
3 Month 3.9%
6 Month 1.2%
1 Year 7.4%
3 Year 11.3%
5 Year 16.1%
10 Year
15 Year
Since launch 22.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3%
2017 29.1%
2016 4.7%
2015 4%
2014 56.9%
2013 6.1%
2012 29.4%
2011 -15.2%
2010 23.5%
2009 78.8%
Fund Manager information for Franklin India Taxshield
NameSinceTenure
R. Janakiraman2 May 162.83 Yr.
Lakshmikanth Reddy2 May 162.83 Yr.

Data below for Franklin India Taxshield as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services30.89%
Consumer Cyclical15.45%
Basic Materials10.8%
Utility9.01%
Technology7.41%
Energy7.17%
Consumer Defensive7.06%
Industrials2.87%
Health Care2.54%
Communication Services2.06%
Asset Allocation
Asset ClassValue
Equity95.26%
Other4.74%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 532215
10%₹351 Cr4,949,477
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK
8%₹300 Cr1,445,052
Call, Cash & Other Assets
Receivables | -
5%₹174 Cr
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
5%₹171 Cr2,324,211
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Nov 17 | KOTAKBANK
5%₹167 Cr1,374,652
↓ -250,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹141 Cr4,013,153
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 16 | 532898
4%₹136 Cr7,419,223
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 14 | M&M
4%₹133 Cr2,059,699
↑ 100,000
Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 May 17 | HINDALCO
3%₹128 Cr6,549,242
Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM
3%₹127 Cr1,631,440

ELSS SIP Calculator

Know Your SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹720,000
expected amount after 5 Years is ₹1,074,189.
Net Profit of ₹354,189
Invest Now

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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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