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8 Best ELSS Tax Saving Mutual Funds 2019
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 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.
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Best Performing ELSS Tax Saving Mutual Funds FY 19 - 20
Fund NAV Net Assets (Cr) Rating 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2018 (%) Aditya Birla Sun Life Tax Relief '96 Growth ₹29.55
↑ 0.18 ₹8,416 ☆☆☆☆ -5.5 -5.1 -9.8 7.6 10.3 -4.5 DSP BlackRock Tax Saver Fund Growth ₹47.281
↑ 0.44 ₹5,434 ☆☆☆☆ -3.7 0.6 1.8 7.8 9.9 -7.6 Kotak Tax Saver Scheme Growth ₹42.34
↑ 0.38 ₹896 ☆☆☆ -7.2 -1.8 -0.7 7.4 9.8 -3.8 Invesco India Tax Plan Growth ₹48.51
↑ 0.30 ₹837 ☆☆☆ -6 -3.5 -6.5 7.7 9.2 -1.3 IDBI Equity Advantage Fund Growth ₹25.31
↑ 0.15 ₹537 ☆☆☆ -2.7 -2.3 -8.2 5.2 8.5 -1.7 IDFC Tax Advantage (ELSS) Fund Growth ₹52.03
↑ 0.47 ₹1,902 ☆☆☆☆☆ -8.7 -6.4 -9.7 7.6 8.5 -9.4 LIC MF Tax Plan Growth ₹65.8174
↑ 0.33 ₹220 ☆ -3 1.4 0 8.2 8 -1.1 L&T Tax Advantage Fund Growth ₹50.693
↑ 0.35 ₹3,186 ☆☆☆☆ -6.9 -3.9 -9.6 6.5 8 -8.1 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Sep 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.
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 Below is the key information for Aditya Birla Sun Life Tax Relief '96 Returns up to 1 year are on The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. DSP BlackRock Tax Saver Fund is a Equity - ELSS fund was launched on 18 Jan 07. It is a fund with Moderately High risk and has given a Below is the key information for DSP BlackRock Tax Saver Fund Returns up to 1 year are on The investment objective of the scheme is to generate 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 Below is the key information for Kotak Tax Saver Scheme Returns up to 1 year are on The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities. Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Tax Plan Returns up to 1 year are on 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 Below is the key information for IDBI Equity Advantage Fund Returns up to 1 year are on 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 Below is the key information for IDFC Tax Advantage (ELSS) Fund Returns up to 1 year are on The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Scheme will be realised. LIC MF Tax Plan is a Equity - ELSS fund was launched on 3 Feb 99. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Tax Plan Returns up to 1 year are on To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a Below is the key information for L&T Tax Advantage Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized return of 9.9% since its launch. Ranked 4 in ELSS category. Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% . Aditya Birla Sun Life Tax Relief '96
Growth Launch Date 6 Mar 08 NAV (13 Sep 19) ₹29.55 ↑ 0.18 (0.61 %) Net Assets (Cr) ₹8,416 on 31 Jul 19 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.42 Sharpe Ratio -0.83 Information Ratio -0.38 Alpha Ratio -6.9 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 14 ₹10,000 31 Aug 15 ₹12,342 31 Aug 16 ₹13,896 31 Aug 17 ₹16,267 31 Aug 18 ₹19,472 31 Aug 19 ₹16,748 Returns for Aditya Birla Sun Life Tax Relief '96
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19 Duration Returns 1 Month 2.7% 3 Month -5.5% 6 Month -5.1% 1 Year -9.8% 3 Year 7.6% 5 Year 10.3% 10 Year 15 Year Since launch 9.9% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Ajay Garg 1 Oct 06 12.84 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 22.79% Consumer Cyclical 15.94% Industrials 12.32% Health Care 11.88% Basic Materials 10.55% Consumer Defensive 9.61% Energy 7.64% Technology 4.87% Asset Allocation
Asset Class Value Cash 4.4% Equity 95.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE8% ₹643 Cr 5,514,756
↑ 104,765 Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 5171748% ₹639 Cr 275,985
↑ 3,794 Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE7% ₹624 Cr 871,425
↑ 14,334 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC6% ₹536 Cr 2,527,405
↑ 151,652 Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER6% ₹489 Cr 1,612,561
↑ 45,911 Clearing Corporation Of India Limited
CBLO | -5% ₹392 Cr Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK4% ₹376 Cr 2,474,141
↑ 174,986 Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 5062854% ₹360 Cr 1,173,598
↑ 7,614 GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 5006604% ₹358 Cr 2,964,525
↑ 61,650 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT4% ₹356 Cr 2,562,781 2. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 13.1% since its launch. Ranked 12 in ELSS category. Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (13 Sep 19) ₹47.281 ↑ 0.44 (0.94 %) Net Assets (Cr) ₹5,434 on 31 Jul 19 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.47 Sharpe Ratio -0.21 Information Ratio -0.13 Alpha Ratio 4.25 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 14 ₹10,000 31 Aug 15 ₹11,320 31 Aug 16 ₹13,551 31 Aug 17 ₹15,902 31 Aug 18 ₹17,278 31 Aug 19 ₹16,623 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19 Duration Returns 1 Month 2.6% 3 Month -3.7% 6 Month 0.6% 1 Year 1.8% 3 Year 7.8% 5 Year 9.9% 10 Year 15 Year Since launch 13.1% Historical performance (Yearly) on absolute basis
Year Returns 2018 -7.6% 2017 36.3% 2016 11.3% 2015 4.4% 2014 52.2% 2013 6.7% 2012 39.8% 2011 -26.7% 2010 23.3% 2009 84.2% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 3.55 Yr. Data below for DSP BlackRock Tax Saver Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 32.82% Basic Materials 9.12% Technology 9.11% Consumer Cyclical 8.72% Health Care 7.51% Industrials 7.49% Consumer Defensive 6.63% Energy 6.23% Utility 3.7% Communication Services 1.83% Real Estate 0.59% Asset Allocation
Asset Class Value Cash 6.24% Equity 93.76% Debt 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK9% ₹516 Cr 12,145,076
↑ 689,423 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK7% ₹361 Cr 1,603,762
↓ -322,394 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -6% ₹314 Cr Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322156% ₹300 Cr 4,451,500
↓ -630,289 Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 5008203% ₹185 Cr 1,217,529 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK3% ₹181 Cr 1,189,291
↑ 72,854 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT3% ₹152 Cr 1,096,888
↑ 18,662 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 May 19 | INDUSINDBK2% ₹133 Cr 943,052
↓ -1,336,899,160 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY2% ₹126 Cr 1,586,804
↓ -649,060 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH2% ₹124 Cr 1,203,216
↓ -228,794 3. Kotak Tax Saver Scheme
CAGR/Annualized return of 11% since its launch. Ranked 19 in ELSS category. Return for 2018 was -3.8% , 2017 was 33.8% and 2016 was 7.5% . Kotak Tax Saver Scheme
Growth Launch Date 23 Nov 05 NAV (13 Sep 19) ₹42.34 ↑ 0.38 (0.91 %) Net Assets (Cr) ₹896 on 31 Jul 19 Category Equity - ELSS AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.73 Sharpe Ratio -0.16 Information Ratio 0.01 Alpha Ratio 4.88 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 14 ₹10,000 31 Aug 15 ₹11,981 31 Aug 16 ₹13,499 31 Aug 17 ₹15,835 31 Aug 18 ₹17,297 31 Aug 19 ₹16,467 Returns for Kotak Tax Saver Scheme
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19 Duration Returns 1 Month 0.7% 3 Month -7.2% 6 Month -1.8% 1 Year -0.7% 3 Year 7.4% 5 Year 9.8% 10 Year 15 Year Since launch 11% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Harsha Upadhyaya 25 Aug 15 3.44 Yr. Data below for Kotak Tax Saver Scheme as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 28.88% Industrials 18.43% Basic Materials 17.83% Technology 8.17% Energy 7.59% Consumer Defensive 6.17% Consumer Cyclical 5.2% Utility 3.18% Health Care 2.22% Asset Allocation
Asset Class Value Cash 2.28% Equity 97.67% Debt 0% Other 0.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹59 Cr 1,400,000
↑ 25,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE6% ₹54 Cr 464,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK6% ₹54 Cr 240,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 5322156% ₹52 Cr 775,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS4% ₹37 Cr 170,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY4% ₹36 Cr 450,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT4% ₹35 Cr 250,000 GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 5006764% ₹33 Cr 45,000 SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF3% ₹28 Cr 105,000 AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 5406113% ₹27 Cr 395,000 4. Invesco India Tax Plan
CAGR/Annualized return of 13.2% since its launch. Ranked 17 in ELSS category. Return for 2018 was -1.3% , 2017 was 35.7% and 2016 was 3.4% . Invesco India Tax Plan
Growth Launch Date 29 Dec 06 NAV (13 Sep 19) ₹48.51 ↑ 0.30 (0.62 %) Net Assets (Cr) ₹837 on 31 Jul 19 Category Equity - ELSS AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.71 Sharpe Ratio -0.59 Information Ratio -0.49 Alpha Ratio -3.27 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 14 ₹10,000 31 Aug 15 ₹11,693 31 Aug 16 ₹13,128 31 Aug 17 ₹14,938 31 Aug 18 ₹17,993 31 Aug 19 ₹16,300 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19 Duration Returns 1 Month 1% 3 Month -6% 6 Month -3.5% 1 Year -6.5% 3 Year 7.7% 5 Year 9.2% 10 Year 15 Year Since launch 13.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 -1.3% 2017 35.7% 2016 3.4% 2015 5.8% 2014 54.3% 2013 10.1% 2012 30.3% 2011 -18.9% 2010 22.1% 2009 83.5% Fund Manager information for Invesco India Tax Plan
Name Since Tenure Amit Ganatra 29 Mar 18 0.85 Yr. Dhimant Kothari 29 Mar 18 0.85 Yr. Data below for Invesco India Tax Plan as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 34.48% Consumer Defensive 11.36% Industrials 10.27% Technology 9.94% Energy 8.24% Consumer Cyclical 7.34% Health Care 6.21% Basic Materials 4.9% Utility 2.41% Communication Services 1.5% Asset Allocation
Asset Class Value Cash 4.68% Equity 95.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹75 Cr 335,081 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE7% ₹62 Cr 499,470
↑ 16,874 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC7% ₹60 Cr 277,738 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK7% ₹57 Cr 1,400,559
↑ 28,118 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS6% ₹48 Cr 210,566 Triparty Repo
CBLO/Reverse Repo | -4% ₹38 Cr Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT4% ₹36 Cr 268,668 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC4% ₹35 Cr 1,405,956
↑ 142,817 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK3% ₹28 Cr 198,857 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 5006963% ₹23 Cr 122,029 5. IDBI Equity Advantage Fund
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% . IDBI Equity Advantage Fund
Growth Launch Date 10 Sep 13 NAV (13 Sep 19) ₹25.31 ↑ 0.15 (0.60 %) Net Assets (Cr) ₹537 on 31 Jul 19 Category Equity - ELSS AMC IDBI Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.86 Sharpe Ratio -0.71 Information Ratio -0.65 Alpha Ratio -5.45 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 14 ₹10,000 31 Aug 15 ₹13,131 31 Aug 16 ₹14,078 31 Aug 17 ₹15,743 31 Aug 18 ₹18,195 31 Aug 19 ₹16,114 Returns for IDBI Equity Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19 Duration Returns 1 Month 1.6% 3 Month -2.7% 6 Month -2.3% 1 Year -8.2% 3 Year 5.2% 5 Year 8.5% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Uma Venkatraman 1 Jul 18 0.59 Yr. Ayushi Sethia 9 Oct 18 0.31 Yr. Data below for IDBI Equity Advantage Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Consumer Cyclical 29.26% Consumer Defensive 20.18% Financial Services 19.36% Basic Materials 12.8% Industrials 11.54% Health Care 4% Asset Allocation
Asset Class Value Cash 2.85% Equity 97.14% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND6% ₹33 Cr 262,235 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK5% ₹29 Cr 191,141 VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 5099665% ₹29 Cr 86,262 Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 5008205% ₹29 Cr 189,407 Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 5328275% ₹28 Cr 15,670 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN5% ₹28 Cr 1,067,825 Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | NESTLEIND5% ₹27 Cr 23,295 MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 5002905% ₹26 Cr 4,827 Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 5000435% ₹25 Cr 190,489 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 5323435% ₹25 Cr 671,959 6. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized return of 16.6% since its launch. Ranked 3 in ELSS category. Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (13 Sep 19) ₹52.03 ↑ 0.47 (0.91 %) Net Assets (Cr) ₹1,902 on 31 Jul 19 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.74 Sharpe Ratio -0.64 Information Ratio -0.23 Alpha Ratio -4.63 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 14 ₹10,000 31 Aug 15 ₹11,997 31 Aug 16 ₹12,920 31 Aug 17 ₹16,238 31 Aug 18 ₹18,153 31 Aug 19 ₹15,527 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19 Duration Returns 1 Month 2.6% 3 Month -8.7% 6 Month -6.4% 1 Year -9.7% 3 Year 7.6% 5 Year 8.5% 10 Year 15 Year Since launch 16.6% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Daylynn Pinto 20 Oct 16 2.61 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 29.19% Industrials 14.52% Basic Materials 13.41% Consumer Cyclical 12.84% Technology 7.84% Energy 5.95% Health Care 4.94% Consumer Defensive 4.63% Utility 1.64% Communication Services 0.35% Asset Allocation
Asset Class Value Cash 5.71% Equity 94.28% Other 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK7% ₹135 Cr 3,300,000 Triparty Repo
CBLO/Reverse Repo | -5% ₹92 Cr HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹76 Cr 340,000 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 5322154% ₹71 Cr 1,075,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE4% ₹69 Cr 550,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN4% ₹68 Cr 2,500,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹65 Cr 800,000 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹52 Cr 1,330,000
↑ 10,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT2% ₹43 Cr 320,000 Nestle India Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | NESTLEIND2% ₹41 Cr 32,000 7. LIC MF Tax Plan
CAGR/Annualized return of 10% since its launch. Ranked 35 in ELSS category. Return for 2018 was -1.1% , 2017 was 37.3% and 2016 was 3.3% . LIC MF Tax Plan
Growth Launch Date 3 Feb 99 NAV (13 Sep 19) ₹65.8174 ↑ 0.33 (0.50 %) Net Assets (Cr) ₹220 on 31 Jul 19 Category Equity - ELSS AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 2.9 Sharpe Ratio -0.26 Information Ratio -0.01 Alpha Ratio 3.28 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 14 ₹10,000 31 Aug 15 ₹11,356 31 Aug 16 ₹12,172 31 Aug 17 ₹13,890 31 Aug 18 ₹16,062 31 Aug 19 ₹15,323 Returns for LIC MF Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19 Duration Returns 1 Month 2.5% 3 Month -3% 6 Month 1.4% 1 Year 0% 3 Year 8.2% 5 Year 8% 10 Year 15 Year Since launch 10% Historical performance (Yearly) on absolute basis
Year Returns 2018 -1.1% 2017 37.3% 2016 3.3% 2015 -3% 2014 49.1% 2013 8.2% 2012 26.3% 2011 -26.2% 2010 15.7% 2009 62.2% Fund Manager information for LIC MF Tax Plan
Name Since Tenure Sachin Relekar 5 Mar 15 3.91 Yr. Data below for LIC MF Tax Plan as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 40.55% Technology 12.78% Consumer Cyclical 10.6% Basic Materials 9.49% Consumer Defensive 8.97% Energy 3.23% Real Estate 2.21% Industrials 1.59% Health Care 0.89% Utility 0.61% Asset Allocation
Asset Class Value Cash 9.06% Equity 90.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps
CBLO/Reverse Repo | -9% ₹20 Cr HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK8% ₹18 Cr 78,095 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK6% ₹14 Cr 318,000
↑ 12,700 Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY6% ₹13 Cr 157,556 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS5% ₹12 Cr 53,500 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 5000345% ₹11 Cr 35,200
↓ -1,800 City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB4% ₹10 Cr 503,285 Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 5329784% ₹9 Cr 12,500
↓ -800 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK4% ₹8 Cr 51,430
↑ 3,800 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 5403763% ₹8 Cr 51,192 8. L&T Tax Advantage Fund
CAGR/Annualized return of 12.7% since its launch. Ranked 7 in ELSS category. Return for 2018 was -8.1% , 2017 was 42.3% and 2016 was 8.1% . L&T Tax Advantage Fund
Growth Launch Date 27 Feb 06 NAV (13 Sep 19) ₹50.693 ↑ 0.35 (0.70 %) Net Assets (Cr) ₹3,186 on 31 Jul 19 Category Equity - ELSS AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.61 Sharpe Ratio -0.87 Information Ratio -0.45 Alpha Ratio -7.34 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 14 ₹10,000 31 Aug 15 ₹11,355 31 Aug 16 ₹12,773 31 Aug 17 ₹15,938 31 Aug 18 ₹17,524 31 Aug 19 ₹15,306 Returns for L&T Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19 Duration Returns 1 Month 0.6% 3 Month -6.9% 6 Month -3.9% 1 Year -9.6% 3 Year 6.5% 5 Year 8% 10 Year 15 Year Since launch 12.7% Historical performance (Yearly) on absolute basis
Year Returns 2018 -8.1% 2017 42.3% 2016 8.1% 2015 2.9% 2014 44.8% 2013 6.8% 2012 27.4% 2011 -21.8% 2010 29.2% 2009 86.7% Fund Manager information for L&T Tax Advantage Fund
Name Since Tenure S.N. Lahiri 24 Nov 12 6.19 Yr. Data below for L&T Tax Advantage Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 33.57% Technology 13.63% Consumer Cyclical 10.96% Basic Materials 10.65% Industrials 8.38% Health Care 8.06% Consumer Defensive 4.66% Energy 4.39% Communication Services 2.86% Utility 0.77% Asset Allocation
Asset Class Value Cash 2.74% Equity 97.3% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK7% ₹220 Cr 5,184,600 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK6% ₹202 Cr 897,300 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS5% ₹173 Cr 785,400 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE4% ₹117 Cr 1,004,100 Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY3% ₹105 Cr 1,327,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT3% ₹104 Cr 753,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK3% ₹100 Cr 660,200 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹98 Cr 2,386,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 19 | SBIN3% ₹98 Cr 2,948,600 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH3% ₹93 Cr 899,700
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