fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
8 Best ELSS Tax Saving Mutual Funds 2019 | fincash.com

Fincash » Mutual Funds » Best ELSS Tax Saving Mutual Funds

8 Best ELSS Tax Saving Mutual Funds 2019

Updated on July 10, 2019 , 18737 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.

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.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Best Performing ELSS Tax Saving Mutual Funds FY 19 - 20

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Kotak Tax Saver Scheme Growth ₹44.435
↓ -0.08
₹8981.67.47.511.113.9-3.8
Aditya Birla Sun Life Tax Relief '96 Growth ₹30.14
↑ 0.05
₹8,685-5.5-1-4.79.513.5-4.5
DSP BlackRock Tax Saver Fund Growth ₹48.156
↓ -0.02
₹5,4870.27.56.110.913.2-7.6
Invesco India Tax Plan Growth ₹50.27
↑ 0.05
₹839-1.23.6-0.810.313-1.3
IDFC Tax Advantage (ELSS) Fund Growth ₹55.46
↑ 0.02
₹1,996-1.44.7-1.911.312.8-9.4
Franklin India Taxshield Growth ₹563.19
↓ -0.93
₹4,026-1.34.10.97.312.1-3
HDFC Long Term Advantage Fund Growth ₹363.415
↓ -0.69
₹1,4610.56.87.212.811.9-3.9
IDBI Equity Advantage Fund Growth ₹25.33
↑ 0.06
₹592-3.7-1.7-6.56.611.8-1.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 12 Jul 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. 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 (12 Jul 19) ₹44.435 ↓ -0.08   (-0.18 %)
Net Assets (Cr) ₹898 on 30 Apr 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.73
Sharpe Ratio 0.27
Information Ratio -0.05
Alpha Ratio 3.33
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹13,025
30 Jun 16₹13,071
30 Jun 17₹16,197
30 Jun 18₹16,859
30 Jun 19₹19,106

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 ₹426,080.
Net Profit of ₹126,080
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 12 Jul 19

DurationReturns
1 Month -2.6%
3 Month 1.6%
6 Month 7.4%
1 Year 7.5%
3 Year 11.1%
5 Year 13.9%
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 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services28.19%
Industrials18.82%
Basic Materials17.71%
Technology8.74%
Energy8.35%
Consumer Defensive5.94%
Consumer Cyclical5.48%
Utility3.32%
Health Care2.24%
Asset Allocation
Asset ClassValue
Cash1.17%
Equity98.79%
Debt0%
Other0.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹62 Cr464,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹59 Cr730,000
↑ 30,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹58 Cr1,375,000
↑ 50,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹58 Cr240,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹38 Cr245,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹37 Cr170,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹33 Cr45,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹33 Cr450,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹30 Cr105,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹27 Cr395,000

2. 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 10.2% 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 (12 Jul 19) ₹30.14 ↑ 0.05   (0.17 %)
Net Assets (Cr) ₹8,685 on 30 Apr 19
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.42
Sharpe Ratio -0.34
Information Ratio -0.29
Alpha Ratio -7.92
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹13,028
30 Jun 16₹13,748
30 Jun 17₹16,673
30 Jun 18₹19,023
30 Jun 19₹18,919

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 ₹426,080.
Net Profit of ₹126,080
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 12 Jul 19

DurationReturns
1 Month -3.8%
3 Month -5.5%
6 Month -1%
1 Year -4.7%
3 Year 9.5%
5 Year 13.5%
10 Year
15 Year
Since launch 10.2%
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 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services21.57%
Consumer Cyclical17.52%
Industrials12.71%
Health Care11.38%
Basic Materials11.18%
Consumer Defensive9.17%
Energy7.72%
Technology4.82%
Asset Allocation
Asset ClassValue
Cash3.93%
Equity96.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
8%₹688 Cr5,171,293
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
8%₹683 Cr265,467
↑ 2,176
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹637 Cr856,245
↑ 26,355
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
6%₹519 Cr2,375,753
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
5%₹482 Cr1,516,329
↑ 46,657
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
5%₹447 Cr1,165,984
↑ 8,910
Thomas Cook India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 15 | THOMASCOOK
5%₹402 Cr17,180,606
↑ 487,937
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹399 Cr2,562,781
Clearing Corporation Of India Limited
CBLO | -
4%₹365 Cr
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
4%₹353 Cr2,792,175
↑ 109,350

3. 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 13.4% 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 (12 Jul 19) ₹48.156 ↓ -0.02   (-0.04 %)
Net Assets (Cr) ₹5,487 on 30 Apr 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio 0.04
Information Ratio -0.07
Alpha Ratio -0.04
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹12,071
30 Jun 16₹12,985
30 Jun 17₹15,862
30 Jun 18₹16,679
30 Jun 19₹18,479

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 ₹426,080.
Net Profit of ₹126,080
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 12 Jul 19

DurationReturns
1 Month -2%
3 Month 0.2%
6 Month 7.5%
1 Year 6.1%
3 Year 10.9%
5 Year 13.2%
10 Year
15 Year
Since launch 13.4%
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 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services39.89%
Basic Materials12.34%
Technology8.68%
Industrials8.44%
Health Care8.44%
Consumer Defensive6.06%
Consumer Cyclical4.48%
Energy4.14%
Utility2.82%
Real Estate0.69%
Asset Allocation
Asset ClassValue
Cash4.01%
Equity95.99%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹485 Cr11,455,653
↓ -1,131,618
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
9%₹484 Cr1,995,629
↑ 45,293
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
7%₹415 Cr5,138,027
↑ 861,105
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
4%₹218 Cr
Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 31 Aug 17 | BHARATFIN
4%₹209 Cr2,093,088
↑ 369,921
State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN
3%₹186 Cr5,282,056
↓ -1,962,222
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹183 Cr1,176,536
↓ -300,780
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
3%₹181 Cr1,190,606
↑ 36,584
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH
3%₹179 Cr1,638,078
↑ 234,001
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹174 Cr1,237,016
↑ 104,723

4. 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 13.8% 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 (12 Jul 19) ₹50.27 ↑ 0.05   (0.10 %)
Net Assets (Cr) ₹839 on 30 Apr 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.71
Sharpe Ratio -0.09
Information Ratio -0.58
Alpha Ratio -4.47
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹12,691
30 Jun 16₹13,067
30 Jun 17₹15,296
30 Jun 18₹17,836
30 Jun 19₹18,488

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 ₹426,080.
Net Profit of ₹126,080
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 12 Jul 19

DurationReturns
1 Month -2.7%
3 Month -1.2%
6 Month 3.6%
1 Year -0.8%
3 Year 10.3%
5 Year 13%
10 Year
15 Year
Since launch 13.8%
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 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services38.64%
Industrials13.48%
Consumer Cyclical9.45%
Energy9.3%
Technology8.67%
Consumer Defensive5.32%
Health Care4.14%
Basic Materials3.41%
Utility1.62%
Communication Services1.17%
Asset Allocation
Asset ClassValue
Cash4.8%
Equity95.2%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹81 Cr335,081
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
9%₹76 Cr349,481
↑ 8,284
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹54 Cr1,282,785
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
6%₹50 Cr322,433
Triparty Repo
CBLO/Reverse Repo | -
5%₹48 Cr
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS
5%₹42 Cr192,270
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
4%₹35 Cr429,970
↑ 18,342
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
3%₹29 Cr221,765
↑ 39,790
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | INDUSINDBK
3%₹27 Cr170,701
Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Apr 19 | 500312
3%₹26 Cr1,521,952

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 17.6% 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 (12 Jul 19) ₹55.46 ↑ 0.02   (0.04 %)
Net Assets (Cr) ₹1,996 on 30 Apr 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.74
Sharpe Ratio -0.51
Information Ratio -0.09
Alpha Ratio -11.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹13,079
30 Jun 16₹12,675
30 Jun 17₹16,080
30 Jun 18₹18,123
30 Jun 19₹18,414

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 ₹415,684.
Net Profit of ₹115,684
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 12 Jul 19

DurationReturns
1 Month -2.8%
3 Month -1.4%
6 Month 4.7%
1 Year -1.9%
3 Year 11.3%
5 Year 12.8%
10 Year
15 Year
Since launch 17.6%
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 162.61 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services29.4%
Industrials14.08%
Consumer Cyclical13.11%
Basic Materials12.72%
Technology8.49%
Energy6.26%
Health Care5.89%
Consumer Defensive4.33%
Utility1.92%
Communication Services0.22%
Asset Allocation
Asset ClassValue
Cash2.98%
Equity97.01%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹142 Cr3,350,000
↑ 200,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
5%₹95 Cr2,700,000
↑ 100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹85 Cr350,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹85 Cr1,050,000
↑ 125,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹73 Cr550,000
Triparty Repo
CBLO/Reverse Repo | -
3%₹64 Cr
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
3%₹59 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹58 Cr1,285,000
↑ 25,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹57 Cr825,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT
2%₹47 Cr300,000
↑ 80,000

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

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% 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 (12 Jul 19) ₹563.19 ↓ -0.93   (-0.16 %)
Net Assets (Cr) ₹4,026 on 30 Apr 19
Category Equity - ELSS
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 2.35
Sharpe Ratio -0.02
Information Ratio -1.15
Alpha Ratio -0.8
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹12,994
30 Jun 16₹13,630
30 Jun 17₹15,590
30 Jun 18₹16,833
30 Jun 19₹17,674

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 ₹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 12 Jul 19

DurationReturns
1 Month -2.2%
3 Month -1.3%
6 Month 4.1%
1 Year 0.9%
3 Year 7.3%
5 Year 12.1%
10 Year
15 Year
Since launch 22%
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 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services32.71%
Consumer Cyclical13.38%
Basic Materials9.47%
Utility8.86%
Energy7.9%
Technology6.43%
Consumer Defensive6.4%
Communication Services2.78%
Industrials2.33%
Health Care2.15%
Asset Allocation
Asset ClassValue
Equity92.44%
Other7.56%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 532215
9%₹384 Cr4,749,477
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK
8%₹343 Cr1,415,052
Call, Cash & Other Assets
Receivables | -
8%₹308 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Nov 17 | KOTAKBANK
5%₹209 Cr1,374,652
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
4%₹171 Cr2,324,211
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹170 Cr4,013,153
Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM
4%₹145 Cr1,631,440
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 16 | 532898
3%₹140 Cr7,419,223
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 14 | M&M
3%₹133 Cr2,059,699
Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 May 17 | HINDALCO
3%₹129 Cr6,549,242

7. HDFC Long Term Advantage Fund

To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments

HDFC Long Term Advantage Fund is a Equity - ELSS fund was launched on 2 Jan 01. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 21.4% since its launch.  Ranked 23 in ELSS category.  Return for 2018 was -3.9% , 2017 was 36.2% and 2016 was 13% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (12 Jul 19) ₹363.415 ↓ -0.69   (-0.19 %)
Net Assets (Cr) ₹1,461 on 30 Apr 19
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.49
Sharpe Ratio 0.2
Information Ratio -0.13
Alpha Ratio -6.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹11,108
30 Jun 16₹11,611
30 Jun 17₹14,399
30 Jun 18₹15,488
30 Jun 19₹17,294

HDFC Long Term Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
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 12 Jul 19

DurationReturns
1 Month -1.3%
3 Month 0.5%
6 Month 6.8%
1 Year 7.2%
3 Year 12.8%
5 Year 11.9%
10 Year
15 Year
Since launch 21.4%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Chirag Setalvad2 Apr 0712 Yr.
Amar Kalkundrikar10 Jan 190.22 Yr.

Data below for HDFC Long Term Advantage Fund as on 30 Apr 19

Equity Sector Allocation
SectorValue
Financial Services34.4%
Industrials16.28%
Energy11.9%
Technology10.25%
Basic Materials9.39%
Consumer Defensive5.43%
Health Care2.29%
Consumer Cyclical2.1%
Utility1.95%
Communication Services1.22%
Asset Allocation
Asset ClassValue
Cash4.78%
Equity95.22%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
10%₹147 Cr605,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹140 Cr3,300,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
9%₹133 Cr1,000,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹107 Cr1,453,908
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹95 Cr607,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
6%₹92 Cr2,600,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
6%₹87 Cr400,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
5%₹79 Cr2,822,910
Collateralised Borrowing & Lending Obligation
CBLO | -
5%₹72 Cr
Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 520113
3%₹47 Cr400,000

8. 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 (12 Jul 19) ₹25.33 ↑ 0.06   (0.24 %)
Net Assets (Cr) ₹592 on 30 Apr 19
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.86
Sharpe Ratio -0.67
Information Ratio -0.73
Alpha Ratio -12.96
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 14₹10,000
30 Jun 15₹13,911
30 Jun 16₹14,110
30 Jun 17₹16,644
30 Jun 18₹18,192
30 Jun 19₹17,596

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 ₹405,518.
Net Profit of ₹105,518
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 12 Jul 19

DurationReturns
1 Month -2.9%
3 Month -3.7%
6 Month -1.7%
1 Year -6.5%
3 Year 6.6%
5 Year 11.8%
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 30 Apr 19

Equity Sector Allocation
SectorValue
Consumer Cyclical29.8%
Financial Services19.94%
Consumer Defensive18.42%
Basic Materials11.76%
Industrials11.62%
Health Care3.24%
Asset Allocation
Asset ClassValue
Cash5.2%
Equity94.79%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
6%₹34 Cr262,235
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
6%₹33 Cr213,565
↓ -90,000
Treps
CBLO/Reverse Repo | -
5%₹32 Cr3,245,168
↑ 2,167,486
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
5%₹32 Cr671,959
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
5%₹31 Cr86,262
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
5%₹31 Cr15,670
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
5%₹29 Cr191,141
↓ -50,000
ABB India Ltd (Industrials)
Equity, Since 30 Apr 15 | 500002
5%₹27 Cr171,401
Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | NESTLEIND
5%₹27 Cr23,295
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
5%₹27 Cr4,827

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

How to Invest in Best ELSS Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

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.
How helpful was this page ?
Rated 4.6, based on 9 reviews.
POST A COMMENT