8 Best ELSS Tax Saving Mutual Funds 2026

Updated on July 19, 2026 , 65803 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.

Before we look at some of the other important features of this scheme, let’s check the best ELSS tax saving Mutual Funds for 2026 – 2027.

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.

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Fund Selection Methodology used to find 8 funds

Category: Equity
Sub-category: ELSS
AUM Range: 100 to 15000 Cr
Minimum fund age: 3 years
Sorted On : 5-year return (high to low)
No Of Funds: 8

Best Performing ELSS Tax Saving Mutual Funds FY 26 - 27

Fund	NAV	Net Assets (Cr)	Rating	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
HDFC Long Term Advantage Fund Growth	₹595.168 ↑ 0.28	₹1,318	☆☆☆	1.2	15.4	35.5	20.6	17.4
Motilal Oswal Long Term Equity Fund Growth	₹55.3025 ↑ 0.16	₹4,862	Not Rated	4.3	15.8	4	21.1	17.4	-9.1
JM Tax Gain Fund Growth	₹50.8651 ↑ 0.47	₹232	☆☆☆	7.5	7.9	3.9	15.5	14.8	2.5
Nippon India Tax Saver Fund (ELSS) Growth	₹131.092 ↓ -0.08	₹14,880	☆☆☆	-0.1	4.2	1.3	13.7	13.9	6
Tata India Tax Savings Fund Growth	₹46.6887 ↑ 0.03	₹4,597	☆☆☆☆☆	2.3	5.7	4.5	12.8	13.4	4.9
Franklin India Taxshield Growth	₹1,432.77 ↓ -0.79	₹6,166	☆☆	0.1	-0.4	-3.8	12.6	13	2.1
BNP Paribas Long Term Equity Fund (ELSS) Growth	₹99.3337 ↑ 0.13	₹897	☆☆☆	2.1	3.4	3.6	15.2	12.5	4.8
Edelweiss Long Term Equity Fund Growth	₹115.89 ↑ 0.40	₹443	☆☆	2.3	3.9	4.7	13.1	12.4	6.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Jan 22

Research Highlights & Commentary of 8 Funds showcased

Commentary	HDFC Long Term Advantage Fund	Motilal Oswal Long Term Equity Fund	JM Tax Gain Fund	Nippon India Tax Saver Fund (ELSS)	Tata India Tax Savings Fund	Franklin India Taxshield	BNP Paribas Long Term Equity Fund (ELSS)	Edelweiss Long Term Equity Fund
Point 1	Lower mid AUM (₹1,318 Cr).	Upper mid AUM (₹4,862 Cr).	Bottom quartile AUM (₹232 Cr).	Highest AUM (₹14,880 Cr).	Upper mid AUM (₹4,597 Cr).	Top quartile AUM (₹6,166 Cr).	Lower mid AUM (₹897 Cr).	Bottom quartile AUM (₹443 Cr).
Point 2	Established history (25+ yrs).	Established history (11+ yrs).	Established history (18+ yrs).	Established history (20+ yrs).	Established history (11+ yrs).	Oldest track record among peers (27 yrs).	Established history (20+ yrs).	Established history (17+ yrs).
Point 3	Rating: 3★ (top quartile).	Not Rated.	Rating: 3★ (upper mid).	Rating: 3★ (upper mid).	Top rated.	Rating: 2★ (lower mid).	Rating: 3★ (lower mid).	Rating: 2★ (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.	Risk profile: Moderately High.
Point 5	5Y return: 17.39% (top quartile).	5Y return: 17.37% (top quartile).	5Y return: 14.80% (upper mid).	5Y return: 13.94% (upper mid).	5Y return: 13.40% (lower mid).	5Y return: 12.99% (lower mid).	5Y return: 12.46% (bottom quartile).	5Y return: 12.42% (bottom quartile).
Point 6	3Y return: 20.64% (top quartile).	3Y return: 21.10% (top quartile).	3Y return: 15.53% (upper mid).	3Y return: 13.74% (lower mid).	3Y return: 12.77% (bottom quartile).	3Y return: 12.61% (bottom quartile).	3Y return: 15.15% (upper mid).	3Y return: 13.15% (lower mid).
Point 7	1Y return: 35.51% (top quartile).	1Y return: 4.04% (upper mid).	1Y return: 3.89% (lower mid).	1Y return: 1.29% (bottom quartile).	1Y return: 4.54% (upper mid).	1Y return: -3.82% (bottom quartile).	1Y return: 3.62% (lower mid).	1Y return: 4.70% (top quartile).
Point 8	Alpha: 1.75 (lower mid).	Alpha: 6.27 (top quartile).	Alpha: 4.31 (top quartile).	Alpha: 1.35 (bottom quartile).	Alpha: 4.23 (upper mid).	Alpha: -5.69 (bottom quartile).	Alpha: 2.78 (upper mid).	Alpha: 1.85 (lower mid).
Point 9	Sharpe: 2.27 (top quartile).	Sharpe: 0.02 (top quartile).	Sharpe: -0.11 (upper mid).	Sharpe: -0.24 (bottom quartile).	Sharpe: -0.09 (upper mid).	Sharpe: -0.69 (bottom quartile).	Sharpe: -0.15 (lower mid).	Sharpe: -0.22 (lower mid).
Point 10	Information ratio: -0.15 (bottom quartile).	Information ratio: 0.76 (top quartile).	Information ratio: 0.50 (upper mid).	Information ratio: 0.67 (top quartile).	Information ratio: 0.22 (lower mid).	Information ratio: 0.11 (lower mid).	Information ratio: 0.58 (upper mid).	Information ratio: 0.06 (bottom quartile).

HDFC Long Term Advantage Fund

Lower mid AUM (₹1,318 Cr).
Established history (25+ yrs).
Rating: 3★ (top quartile).
Risk profile: Moderately High.
5Y return: 17.39% (top quartile).
3Y return: 20.64% (top quartile).
1Y return: 35.51% (top quartile).
Alpha: 1.75 (lower mid).
Sharpe: 2.27 (top quartile).
Information ratio: -0.15 (bottom quartile).

Motilal Oswal Long Term Equity Fund

Upper mid AUM (₹4,862 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 17.37% (top quartile).
3Y return: 21.10% (top quartile).
1Y return: 4.04% (upper mid).
Alpha: 6.27 (top quartile).
Sharpe: 0.02 (top quartile).
Information ratio: 0.76 (top quartile).

JM Tax Gain Fund

Bottom quartile AUM (₹232 Cr).
Established history (18+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 14.80% (upper mid).
3Y return: 15.53% (upper mid).
1Y return: 3.89% (lower mid).
Alpha: 4.31 (top quartile).
Sharpe: -0.11 (upper mid).
Information ratio: 0.50 (upper mid).

Nippon India Tax Saver Fund (ELSS)

Highest AUM (₹14,880 Cr).
Established history (20+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 13.94% (upper mid).
3Y return: 13.74% (lower mid).
1Y return: 1.29% (bottom quartile).
Alpha: 1.35 (bottom quartile).
Sharpe: -0.24 (bottom quartile).
Information ratio: 0.67 (top quartile).

Tata India Tax Savings Fund

Upper mid AUM (₹4,597 Cr).
Established history (11+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 13.40% (lower mid).
3Y return: 12.77% (bottom quartile).
1Y return: 4.54% (upper mid).
Alpha: 4.23 (upper mid).
Sharpe: -0.09 (upper mid).
Information ratio: 0.22 (lower mid).

Franklin India Taxshield

Top quartile AUM (₹6,166 Cr).
Oldest track record among peers (27 yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 12.99% (lower mid).
3Y return: 12.61% (bottom quartile).
1Y return: -3.82% (bottom quartile).
Alpha: -5.69 (bottom quartile).
Sharpe: -0.69 (bottom quartile).
Information ratio: 0.11 (lower mid).

BNP Paribas Long Term Equity Fund (ELSS)

Lower mid AUM (₹897 Cr).
Established history (20+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 12.46% (bottom quartile).
3Y return: 15.15% (upper mid).
1Y return: 3.62% (lower mid).
Alpha: 2.78 (upper mid).
Sharpe: -0.15 (lower mid).
Information ratio: 0.58 (upper mid).

Edelweiss Long Term Equity Fund

Bottom quartile AUM (₹443 Cr).
Established history (17+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 12.42% (bottom quartile).
3Y return: 13.15% (lower mid).
1Y return: 4.70% (top quartile).
Alpha: 1.85 (lower mid).
Sharpe: -0.22 (lower mid).
Information ratio: 0.06 (bottom quartile).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.: 112358
MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 10+ years in Mutual Fund distribution

Our Expertise

Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

Why Trust Us

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Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

*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. HDFC Long Term Advantage Fund

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

Lower mid AUM (₹1,318 Cr).
Established history (25+ yrs).
Rating: 3★ (top quartile).
Risk profile: Moderately High.
5Y return: 17.39% (top quartile).
3Y return: 20.64% (top quartile).
1Y return: 35.51% (top quartile).
Alpha: 1.75 (lower mid).
Sharpe: 2.27 (top quartile).
Information ratio: -0.15 (bottom quartile).

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.

Date	Value
30 Jun 21	₹10,000

HDFC Long Term Advantage Fund SIP 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 14 Jan 22

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

2. Motilal Oswal Long Term Equity Fund

(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.

Research Highlights for Motilal Oswal Long Term Equity Fund

Upper mid AUM (₹4,862 Cr).
Established history (11+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 17.37% (top quartile).
3Y return: 21.10% (top quartile).
1Y return: 4.04% (upper mid).
Alpha: 6.27 (top quartile).
Sharpe: 0.02 (top quartile).
Information ratio: 0.76 (top quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
Largest holding Multi Commodity Exchange of India Ltd (~7.2%).

Below is the key information for Motilal Oswal Long Term Equity Fund

Motilal Oswal Long Term Equity Fund Growth
Launch Date	21 Jan 15
NAV (21 Jul 26)	₹55.3025 ↑ 0.16 (0.29 %)
Net Assets (Cr)	₹4,862 on 30 Jun 26
Category	Equity - ELSS
AMC	Motilal Oswal Asset Management Co. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.65
Sharpe Ratio	0.02
Information Ratio	0.76
Alpha Ratio	6.27
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹9,362
30 Jun 23	₹12,562
30 Jun 24	₹19,819
30 Jun 25	₹21,898
30 Jun 26	₹22,806

Motilal Oswal Long Term Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Returns for Motilal Oswal Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	-1%
3 Month	4.3%
6 Month	15.8%
1 Year	4%
3 Year	21.1%
5 Year	17.4%
10 Year
15 Year
Since launch	16%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-9.1%
2023	47.7%
2022	37%
2021	1.8%
2020	32.1%
2019	8.8%
2018	13.2%
2017	-8.7%
2016	44%
2015	12.5%

Fund Manager information for Motilal Oswal Long Term Equity Fund

Name	Since	Tenure
Ajay Khandelwal	11 Dec 23	2.55 Yr.
Ankit Agarwal	16 Mar 26	0.29 Yr.
Rakesh Shetty	22 Nov 22	3.61 Yr.
Atul Mehra	1 Oct 24	1.75 Yr.

Data below for Motilal Oswal Long Term Equity Fund as on 30 Jun 26

Equity Sector Allocation

Sector	Value
Financial Services	25.8%
Industrials	23.55%
Consumer Cyclical	16.57%
Basic Materials	13.61%
Technology	13.23%
Health Care	4.78%

Asset Allocation

Asset Class	Value
Cash	2.46%
Equity	97.54%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 29 Feb 24 \| MCX	7%	₹337 Cr	1,140,862 ↓ -55,178
OneSource Specialty Pharma Ltd (Healthcare) Equity, Since 31 Jan 25 \| ONESOURCE	5%	₹223 Cr	1,221,228
Zen Technologies Ltd (Industrials) Equity, Since 31 Dec 24 \| ZENTEC	4%	₹203 Cr	1,218,528
Muthoot Finance Ltd (Financial Services) Equity, Since 30 Jun 25 \| MUTHOOTFIN	4%	₹197 Cr	588,318 ↑ 41,444
Ather Energy Ltd (Consumer Cyclical) Equity, Since 31 Oct 25 \| ATHERENERG	4%	₹192 Cr	1,990,789 ↓ -310,680
Waaree Energies Ltd (Technology) Equity, Since 31 Oct 24 \| WAAREEENER	4%	₹188 Cr	600,000 ↓ -27,718
Jain Resource Recycling Ltd (Basic Materials) Equity, Since 31 Oct 25 \| JAINREC	4%	₹187 Cr	5,000,000 ↓ -11,074
PTC Industries Ltd (Industrials) Equity, Since 30 Sep 24 \| 539006	4%	₹186 Cr	115,181
Suzlon Energy Ltd (Industrials) Equity, Since 31 Jan 24 \| SUZLON	4%	₹185 Cr	32,483,092
Apar Industries Ltd (Industrials) Equity, Since 31 Dec 23 \| APARINDS	4%	₹176 Cr	134,000 ↓ -48,754

3. JM Tax Gain Fund

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

Bottom quartile AUM (₹232 Cr).
Established history (18+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 14.80% (upper mid).
3Y return: 15.53% (upper mid).
1Y return: 3.89% (lower mid).
Alpha: 4.31 (top quartile).
Sharpe: -0.11 (upper mid).
Information ratio: 0.50 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
Largest holding HDFC Bank Ltd (~3.3%).

Below is the key information for JM Tax Gain Fund

JM Tax Gain Fund Growth
Launch Date	31 Mar 08
NAV (21 Jul 26)	₹50.8651 ↑ 0.47 (0.94 %)
Net Assets (Cr)	₹232 on 30 Jun 26
Category	Equity - ELSS
AMC	JM Financial Asset Management Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.37
Sharpe Ratio	-0.11
Information Ratio	0.5
Alpha Ratio	4.31
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹9,919
30 Jun 23	₹12,968
30 Jun 24	₹19,302
30 Jun 25	₹19,540
30 Jun 26	₹19,895

JM Tax Gain Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 Invest Now

Returns for JM Tax Gain Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	2.6%
3 Month	7.5%
6 Month	7.9%
1 Year	3.9%
3 Year	15.5%
5 Year	14.8%
10 Year
15 Year
Since launch	9.3%

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	1.75 Yr.
Asit Bhandarkar	31 Dec 21	4.5 Yr.
Ruchi Fozdar	4 Oct 24	1.74 Yr.
Deepak Gupta	11 Apr 25	1.22 Yr.

Data below for JM Tax Gain Fund as on 30 Jun 26

Equity Sector Allocation

Sector	Value
Financial Services	27.9%
Consumer Cyclical	17.25%
Technology	11.32%
Industrials	9.8%
Basic Materials	8.63%
Health Care	6.75%
Consumer Defensive	3.63%
Real Estate	3.5%
Energy	3.16%
Utility	2.72%
Communication Services	2.7%

Asset Allocation

Asset Class	Value
Cash	2.63%
Equity	97.37%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 11 \| HDFCBANK	3%	₹7 Cr	98,262
Reliance Industries Ltd (Energy) Equity, Since 30 Jun 25 \| RELIANCE	3%	₹7 Cr	53,400
Syrma SGS Technology Ltd (Technology) Equity, Since 31 May 25 \| SYRMA	3%	₹6 Cr	59,457
ICICI Bank Ltd (Financial Services) Equity, Since 31 Mar 22 \| ICICIBANK	3%	₹6 Cr	48,500
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Nov 10 \| LT	3%	₹6 Cr	14,947
Adani Power Ltd (Utilities) Equity, Since 31 Mar 26 \| ADANIPOWER	3%	₹6 Cr	249,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Mar 24 \| BHARTIARTL	3%	₹6 Cr	32,950
Karur Vysya Bank Ltd (Financial Services) Equity, Since 30 Apr 25 \| KARURVYSYA	3%	₹6 Cr	199,000
Lupin Ltd (Healthcare) Equity, Since 31 May 25 \| LUPIN	3%	₹6 Cr	25,000
Polycab India Ltd (Industrials) Equity, Since 31 Jul 25 \| POLYCAB	3%	₹6 Cr	5,900

4. Nippon India Tax Saver Fund (ELSS)

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However, there can be no assurance that the scheme’s investment objective shall be achieved.

Research Highlights for Nippon India Tax Saver Fund (ELSS)

Highest AUM (₹14,880 Cr).
Established history (20+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 13.94% (upper mid).
3Y return: 13.74% (lower mid).
1Y return: 1.29% (bottom quartile).
Alpha: 1.35 (bottom quartile).
Sharpe: -0.24 (bottom quartile).
Information ratio: 0.67 (top quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding ICICI Bank Ltd (~6.8%).

Below is the key information for Nippon India Tax Saver Fund (ELSS)

Nippon India Tax Saver Fund (ELSS) Growth
Launch Date	21 Sep 05
NAV (21 Jul 26)	₹131.092 ↓ -0.08 (-0.06 %)
Net Assets (Cr)	₹14,880 on 30 Jun 26
Category	Equity - ELSS
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.7
Sharpe Ratio	-0.24
Information Ratio	0.67
Alpha Ratio	1.35
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹10,276
30 Jun 23	₹12,757
30 Jun 24	₹18,375
30 Jun 25	₹19,154
30 Jun 26	₹19,254

Nippon India Tax Saver Fund (ELSS) SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for Nippon India Tax Saver Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	-0.1%
3 Month	-0.1%
6 Month	4.2%
1 Year	1.3%
3 Year	13.7%
5 Year	13.9%
10 Year
15 Year
Since launch	13.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6%
2023	17.6%
2022	28.6%
2021	6.9%
2020	37.6%
2019	-0.4%
2018	1.5%
2017	-20.7%
2016	46%
2015	4.2%

Fund Manager information for Nippon India Tax Saver Fund (ELSS)

Name	Since	Tenure
Rupesh Patel	1 Jul 21	5 Yr.
Ritesh Rathod	19 Aug 24	1.87 Yr.
Kinjal Desai	25 May 18	8.11 Yr.
Amber Singhania	11 Mar 26	0.31 Yr.

Data below for Nippon India Tax Saver Fund (ELSS) as on 30 Jun 26

Equity Sector Allocation

Sector	Value
Financial Services	33.88%
Consumer Cyclical	13.09%
Industrials	11.3%
Consumer Defensive	8.81%
Utility	7.94%
Health Care	7.69%
Energy	5.17%
Communication Services	4.34%
Technology	4.24%
Basic Materials	2.41%

Asset Allocation

Asset Class	Value
Cash	1.14%
Equity	98.86%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 28 Feb 15 \| ICICIBANK	7%	₹1,005 Cr	8,000,000 ↓ -300,000
HDFC Bank Ltd (Financial Services) Equity, Since 29 Feb 20 \| HDFCBANK	6%	₹908 Cr	12,200,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 20 \| AXISBANK	4%	₹605 Cr	4,700,000 ↓ -200,000
NTPC Ltd (Utilities) Equity, Since 28 Feb 19 \| NTPC	4%	₹542 Cr	14,000,000
Samvardhana Motherson International Ltd (Consumer Cyclical) Equity, Since 30 Nov 21 \| MOTHERSON	3%	₹510 Cr	35,000,000 ↓ -3,319,861
State Bank of India (Financial Services) Equity, Since 31 Dec 13 \| SBIN	3%	₹473 Cr	4,900,000
Reliance Industries Ltd (Energy) Equity, Since 31 Mar 20 \| RELIANCE	3%	₹449 Cr	3,400,000
Infosys Ltd (Technology) Equity, Since 31 Mar 20 \| INFY	3%	₹441 Cr	3,800,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Mar 26 \| BHARTIARTL	3%	₹419 Cr	2,290,000
Power Finance Corp Ltd (Financial Services) Equity, Since 30 Nov 22 \| PFC	3%	₹391 Cr	9,111,111

5. Tata India Tax Savings Fund

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

Upper mid AUM (₹4,597 Cr).
Established history (11+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 13.40% (lower mid).
3Y return: 12.77% (bottom quartile).
1Y return: 4.54% (upper mid).
Alpha: 4.23 (upper mid).
Sharpe: -0.09 (upper mid).
Information ratio: 0.22 (lower mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
Largest holding Bharti Airtel Ltd (~5.8%).

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund Growth
Launch Date	13 Oct 14
NAV (21 Jul 26)	₹46.6887 ↑ 0.03 (0.07 %)
Net Assets (Cr)	₹4,597 on 30 Jun 26
Category	Equity - ELSS
AMC	Tata Asset Management Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.83
Sharpe Ratio	-0.09
Information Ratio	0.22
Alpha Ratio	4.23
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹10,258
30 Jun 23	₹12,650
30 Jun 24	₹17,258
30 Jun 25	₹18,161
30 Jun 26	₹18,578

Tata India Tax Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for Tata 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 14 Jan 22

Duration	Returns
1 Month	1%
3 Month	2.3%
6 Month	5.7%
1 Year	4.5%
3 Year	12.8%
5 Year	13.4%
10 Year
15 Year
Since launch	14%

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	4.54 Yr.

Data below for Tata India Tax Savings Fund as on 30 Jun 26

Equity Sector Allocation

Sector	Value
Financial Services	33.72%
Industrials	16.32%
Consumer Cyclical	12.13%
Health Care	6.53%
Communication Services	5.78%
Basic Materials	5.59%
Energy	5.44%
Technology	4.8%
Utility	2.96%
Real Estate	1.91%
Consumer Defensive	1.29%

Asset Allocation

Asset Class	Value
Cash	2.65%
Equity	97.35%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Mar 26 \| BHARTIARTL	6%	₹261 Cr	1,426,428
ICICI Bank Ltd (Financial Services) Equity, Since 30 Nov 16 \| ICICIBANK	6%	₹258 Cr	2,050,000
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 10 \| HDFCBANK	6%	₹249 Cr	3,350,000
State Bank of India (Financial Services) Equity, Since 30 Nov 18 \| SBIN	4%	₹197 Cr	2,040,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jan 18 \| RELIANCE	4%	₹178 Cr	1,350,000
Samvardhana Motherson International Ltd (Consumer Cyclical) Equity, Since 30 Nov 22 \| MOTHERSON	3%	₹144 Cr	9,850,000
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Nov 16 \| LT	3%	₹144 Cr	352,147
Cummins India Ltd (Industrials) Equity, Since 31 Dec 20 \| CUMMINSIND	3%	₹135 Cr	230,000
NTPC Ltd (Utilities) Equity, Since 30 Jun 21 \| NTPC	3%	₹134 Cr	3,451,000
PB Fintech Ltd (Financial Services) Equity, Since 28 Feb 26 \| 543390	3%	₹113 Cr	664,850

6. Franklin India Taxshield

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

Research Highlights for Franklin India Taxshield

Top quartile AUM (₹6,166 Cr).
Oldest track record among peers (27 yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 12.99% (lower mid).
3Y return: 12.61% (bottom quartile).
1Y return: -3.82% (bottom quartile).
Alpha: -5.69 (bottom quartile).
Sharpe: -0.69 (bottom quartile).
Information ratio: 0.11 (lower mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~94%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~8.0%).

Below is the key information for Franklin India Taxshield

Franklin India Taxshield Growth
Launch Date	10 Apr 99
NAV (21 Jul 26)	₹1,432.77 ↓ -0.79 (-0.06 %)
Net Assets (Cr)	₹6,166 on 30 Jun 26
Category	Equity - ELSS
AMC	Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating	☆☆
Risk	Moderately High
Expense Ratio	1.81
Sharpe Ratio	-0.69
Information Ratio	0.11
Alpha Ratio	-5.69
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹9,904
30 Jun 23	₹12,470
30 Jun 24	₹18,167
30 Jun 25	₹19,312
30 Jun 26	₹18,123

Franklin India Taxshield SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 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 14 Jan 22

Duration	Returns
1 Month	1.4%
3 Month	0.1%
6 Month	-0.4%
1 Year	-3.8%
3 Year	12.6%
5 Year	13%
10 Year
15 Year
Since launch	20%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	2.1%
2023	22.4%
2022	31.2%
2021	5.4%
2020	36.7%
2019	9.8%
2018	5.1%
2017	-3%
2016	29.1%
2015	4.7%

Fund Manager information for Franklin India Taxshield

Name	Since	Tenure
R. Janakiraman	2 May 16	10.17 Yr.
Rajasa Kakulavarapu	1 Dec 23	2.58 Yr.

Data below for Franklin India Taxshield as on 30 Jun 26

Equity Sector Allocation

Sector	Value
Financial Services	31.4%
Industrials	14.04%
Basic Materials	8.49%
Consumer Cyclical	8.29%
Technology	8%
Consumer Defensive	5.85%
Health Care	4.78%
Utility	4.32%
Energy	3.81%
Communication Services	3.21%
Real Estate	1.41%

Asset Allocation

Asset Class	Value
Cash	6.39%
Equity	93.61%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 07 \| HDFCBANK	8%	₹486 Cr	6,520,834
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 18 \| ICICIBANK	7%	₹414 Cr	3,297,903
Axis Bank Ltd (Financial Services) Equity, Since 30 Jun 14 \| AXISBANK	5%	₹319 Cr	2,477,634
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Dec 19 \| LT	5%	₹292 Cr	717,322
State Bank of India (Financial Services) Equity, Since 31 Aug 15 \| SBIN	5%	₹273 Cr	2,833,344
Infosys Ltd (Technology) Equity, Since 29 Feb 12 \| INFY	4%	₹222 Cr	1,911,441
Reliance Industries Ltd (Energy) Equity, Since 31 May 22 \| RELIANCE	3%	₹195 Cr	1,472,922
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jan 07 \| BHARTIARTL	3%	₹194 Cr	1,060,541 ↓ -78,511
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 30 Nov 17 \| KOTAKBANK	3%	₹191 Cr	4,981,055
Eternal Ltd (Consumer Cyclical) Equity, Since 30 Nov 21 \| ETERNAL	3%	₹188 Cr	7,500,000

7. BNP Paribas Long Term Equity Fund (ELSS)

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)

Lower mid AUM (₹897 Cr).
Established history (20+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 12.46% (bottom quartile).
3Y return: 15.15% (upper mid).
1Y return: 3.62% (lower mid).
Alpha: 2.78 (upper mid).
Sharpe: -0.15 (lower mid).
Information ratio: 0.58 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~95%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~4.6%).

Below is the key information for BNP Paribas Long Term Equity Fund (ELSS)

BNP Paribas Long Term Equity Fund (ELSS) Growth
Launch Date	5 Jan 06
NAV (21 Jul 26)	₹99.3337 ↑ 0.13 (0.13 %)
Net Assets (Cr)	₹897 on 30 Jun 26
Category	Equity - ELSS
AMC	BNP Paribas Asset Mgmt India Pvt. Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.21
Sharpe Ratio	-0.15
Information Ratio	0.58
Alpha Ratio	2.78
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹9,480
30 Jun 23	₹11,609
30 Jun 24	₹16,494
30 Jun 25	₹17,507
30 Jun 26	₹17,827

BNP Paribas Long Term Equity Fund (ELSS) SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 Invest Now

Returns for BNP Paribas Long Term Equity Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	1%
3 Month	2.1%
6 Month	3.4%
1 Year	3.6%
3 Year	15.2%
5 Year	12.5%
10 Year
15 Year
Since launch	11.8%

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
Sanjay Chawla	14 Mar 22	4.3 Yr.
Yash Mehta	1 May 26	0.16 Yr.

Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 30 Jun 26

Equity Sector Allocation

Sector	Value
Financial Services	28.78%
Industrials	15.65%
Consumer Cyclical	14.19%
Basic Materials	8.98%
Technology	7.08%
Health Care	6.37%
Energy	5.79%
Consumer Defensive	4.17%
Communication Services	3.01%
Utility	1.38%

Asset Allocation

Asset Class	Value
Cash	4.57%
Equity	95.4%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Oct 08 \| HDFCBANK	5%	₹41 Cr	550,000 ↓ -106,320
Reliance Industries Ltd (Energy) Equity, Since 31 Oct 18 \| RELIANCE	4%	₹37 Cr	281,800
Hitachi Energy India Ltd Ordinary Shares (Industrials) Equity, Since 31 Aug 23 \| POWERINDIA	4%	₹34 Cr	8,766
State Bank of India (Financial Services) Equity, Since 31 Mar 22 \| SBIN	4%	₹32 Cr	330,000 ↑ 52,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 12 \| ICICIBANK	4%	₹31 Cr	250,000 ↓ -79,900
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 30 Nov 24 \| BHEL	3%	₹29 Cr	701,626 ↓ -119,754
Bharti Airtel Ltd (Communication Services) Equity, Since 31 May 19 \| BHARTIARTL	3%	₹27 Cr	144,966
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Apr 20 \| LT	3%	₹26 Cr	65,000 ↑ 5,000
Hindalco Industries Ltd (Basic Materials) Equity, Since 28 Feb 25 \| HINDALCO	3%	₹25 Cr	220,000
Navin Fluorine International Ltd (Basic Materials) Equity, Since 31 Jul 24 \| NAVINFLUOR	3%	₹23 Cr	31,685

8. Edelweiss Long Term Equity Fund

(Erstwhile Edelweiss ELSS Fund)

The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments.

Research Highlights for Edelweiss Long Term Equity Fund

Bottom quartile AUM (₹443 Cr).
Established history (17+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 12.42% (bottom quartile).
3Y return: 13.15% (lower mid).
1Y return: 4.70% (top quartile).
Alpha: 1.85 (lower mid).
Sharpe: -0.22 (lower mid).
Information ratio: 0.06 (bottom quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
Largest holding Reliance Industries Ltd (~4.7%).

Below is the key information for Edelweiss Long Term Equity Fund

Edelweiss Long Term Equity Fund Growth
Launch Date	30 Dec 08
NAV (21 Jul 26)	₹115.89 ↑ 0.40 (0.35 %)
Net Assets (Cr)	₹443 on 30 Jun 26
Category	Equity - ELSS
AMC	Edelweiss Asset Management Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	2.34
Sharpe Ratio	-0.22
Information Ratio	0.06
Alpha Ratio	1.85
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Jun 21	₹10,000
30 Jun 22	₹9,948
30 Jun 23	₹12,323
30 Jun 24	₹16,960
30 Jun 25	₹17,754
30 Jun 26	₹17,814

Edelweiss Long Term Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 Invest Now

Returns for Edelweiss Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	2.3%
3 Month	2.3%
6 Month	3.9%
1 Year	4.7%
3 Year	13.1%
5 Year	12.4%
10 Year
15 Year
Since launch	15%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6.7%
2023	20%
2022	26.8%
2021	-0.1%
2020	30.4%
2019	13.7%
2018	9.2%
2017	-9.1%
2016	37.7%
2015	-1.1%

Fund Manager information for Edelweiss Long Term Equity Fund

Name	Since	Tenure
Ashwani Agarwalla	1 Aug 23	2.92 Yr.
Trideep Bhattacharya	1 Aug 23	2.92 Yr.
Raj Koradia	1 Aug 24	1.91 Yr.

Data below for Edelweiss Long Term Equity Fund as on 30 Jun 26

Equity Sector Allocation

Sector	Value
Financial Services	35.37%
Consumer Cyclical	11.42%
Industrials	9.92%
Technology	9.15%
Energy	7.08%
Health Care	6.65%
Basic Materials	6.48%
Consumer Defensive	3.89%
Communication Services	3.52%
Utility	3.27%
Real Estate	1.02%

Asset Allocation

Asset Class	Value
Cash	2.23%
Equity	97.77%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reliance Industries Ltd (Energy) Equity, Since 30 Jun 15 \| RELIANCE	5%	₹20 Cr	154,769
HDFC Bank Ltd (Financial Services) Equity, Since 30 Nov 10 \| HDFCBANK	4%	₹19 Cr	249,864
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 19 \| BHARTIARTL	4%	₹15 Cr	84,003
BSE Ltd (Financial Services) Equity, Since 31 Mar 24 \| BSE	3%	₹14 Cr	34,841
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Sep 15 \| LT	3%	₹14 Cr	33,431
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 17 \| ICICIBANK	3%	₹13 Cr	102,311
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 31 Aug 24 \| MCX	3%	₹13 Cr	42,695
State Bank of India (Financial Services) Equity, Since 31 May 18 \| SBIN	2%	₹11 Cr	111,376
Muthoot Finance Ltd (Financial Services) Equity, Since 31 Dec 24 \| MUTHOOTFIN	2%	₹10 Cr	28,474
NTPC Ltd (Utilities) Equity, Since 31 Oct 22 \| NTPC	2%	₹9 Cr	243,851

ELSS SIP Calculator

Know Your SIP 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.