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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.
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Why Choose ELSS for Tax Savings?
The other major benefits of ELSS are:
Tax Free Returns
As per the Budget 2018, ELSS would attract Long Term Capital Gains (LTCG). Investors would be taxed at 10% (with no indexation) under long term Capital Gain tax. Gains up to INR 1 lakh are free of tax. Tax at 10% applies to gains above INR 1 lakh.
Minimum Investment Amount
By taking a SIP route, investors can invest an amount as low as INR 500. This allows an individual to save money every month instead of a lump sum.
Equity Returns
Since these mutual funds invest in equity-related instruments, the money you invest grows as the stock market grows. So, the gains are high in ELSS Funds.
Best Performing ELSS Tax Saving Mutual Funds FY 19 - 20
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 ₹31.11
↓ -0.09 ₹7,561 ☆☆☆☆ 1.9 -2.1 3.1 14.8 18.7 -4.5 DSP BlackRock Tax Saver Fund Growth ₹47.399
↓ -0.15 ₹4,740 ☆☆☆☆ 6.5 4.1 7.1 15.2 18 -7.6 Invesco India Tax Plan Growth ₹50.39
↓ -0.38 ₹712 ☆☆☆ 3.9 0 7.3 14.6 17.8 -1.3 Kotak Tax Saver Scheme Growth ₹43.109
↓ -0.14 ₹791 ☆☆☆ 4.7 3.2 8.7 14.5 17.2 -3.8 IDFC Tax Advantage (ELSS) Fund Growth ₹55.59
↓ -0.29 ₹1,741 ☆☆☆☆☆ 3.5 -0.8 -0.6 15.7 17.2 -9.4 IDBI Equity Advantage Fund Growth ₹25.62
↓ -0.02 ₹587 ☆☆☆ -3.4 -5.4 0.9 10.3 17 -1.7 Principal Tax Savings Fund Growth ₹205.65
↓ -0.89 ₹371 ☆☆☆☆ 2.3 -1.6 0.8 16.3 16.9 -9.2 Franklin India Taxshield Growth ₹565.469
↓ -1.63 ₹3,666 ☆☆ 3.9 1.2 7.4 11.3 16.1 -3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Mar 19
*Above is list of ELSS - Equity Mutual Funds having net assets between 100 - 15000 Crore & managing assets since last 3 years. Sorted on returns of last 5 years annualized/CAGR basis.
Who Can Invest in ELSS Fund?
Generally, ELSS Mutual Funds are suitable for all kinds of investors who are willing to take market-linked risks for tax planning and saving money. Anyone can invest in ELSS funds at any point of time in their life. However, it is suggested to invest in tax saving ELSS funds during the early stage of your career so that your money grows over time and you earn better returns.
Hence, save tax and earn good returns both at the same time by investing in Best elss Funds. Investors should be aware that amount invested in ELSS funds is locked for 3 Years.
Investors can invest in ELSS mutual funds as lumpsum (One Time) of SIP (Systematic Investment plan). It is advised for beginners to generally invest using SIP as it better suited for them.
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 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 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 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 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 To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation. Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a Below is the key information for Principal Tax Savings Fund Returns up to 1 year are on 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 Below is the key information for Franklin India Taxshield Returns up to 1 year are on 1. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized return of 10.8% since its launch. Ranked 4 in ELSS category. Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% . Aditya Birla Sun Life Tax Relief '96
Growth Launch Date 6 Mar 08 NAV (22 Mar 19) ₹31.11 ↓ -0.09 (-0.29 %) Net Assets (Cr) ₹7,561 on 28 Feb 19 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.42 Sharpe Ratio -0.37 Information Ratio -0.14 Alpha Ratio -4.04 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 14 ₹10,000 28 Feb 15 ₹17,030 29 Feb 16 ₹14,809 28 Feb 17 ₹18,917 28 Feb 18 ₹24,178 28 Feb 19 ₹23,375 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 22 Mar 19 Duration Returns 1 Month 4.5% 3 Month 1.9% 6 Month -2.1% 1 Year 3.1% 3 Year 14.8% 5 Year 18.7% 10 Year 15 Year Since launch 10.8% Historical performance (Yearly) on absolute basis
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 12.34 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 20.34% Consumer Cyclical 19.86% Health Care 13.24% Industrials 11.88% Basic Materials 11.03% Consumer Defensive 9.02% Energy 7.81% Technology 5.18% Asset Allocation
Asset Class Value Cash 1.64% Equity 98.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE8% ₹590 Cr 4,795,108
↑ 127,972 Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 5171747% ₹551 Cr 255,146
↑ 3,082 Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE7% ₹514 Cr 788,960
↑ 16,596 Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 5062856% ₹466 Cr 1,073,304
↑ 25,110 Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER6% ₹459 Cr 1,417,590
↑ 13,199 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC5% ₹399 Cr 2,166,003
↑ 220,797 GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 5006604% ₹340 Cr 2,544,125
↑ 46,251 Thomas Cook India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 15 | THOMASCOOK4% ₹329 Cr 15,532,569
↑ 266,042 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK4% ₹277 Cr 2,286,465
↑ 452,500 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT3% ₹258 Cr 1,996,386
↑ 253,125 2. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 13.6% since its launch. Ranked 12 in ELSS category. Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (22 Mar 19) ₹47.399 ↓ -0.15 (-0.30 %) Net Assets (Cr) ₹4,740 on 28 Feb 19 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.47 Sharpe Ratio -0.41 Information Ratio -0.05 Alpha Ratio -2.17 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 14 ₹10,000 28 Feb 15 ₹16,130 29 Feb 16 ₹13,830 28 Feb 17 ₹19,583 28 Feb 18 ₹22,984 28 Feb 19 ₹21,978 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19 Duration Returns 1 Month 8.1% 3 Month 6.5% 6 Month 4.1% 1 Year 7.1% 3 Year 15.2% 5 Year 18% 10 Year 15 Year Since launch 13.6% Historical performance (Yearly) on absolute basis
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 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 37.14% Basic Materials 13.54% Technology 12.01% Health Care 8.35% Industrials 7.68% Consumer Defensive 6% Energy 4.76% Consumer Cyclical 4.57% Utility 3.75% Real Estate 0.71% Asset Allocation
Asset Class Value Cash 1.47% Equity 98.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK9% ₹422 Cr 12,051,260
↑ 1,120,839 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK8% ₹382 Cr 1,838,413 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322154% ₹206 Cr 2,898,029
↑ 416,484 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY4% ₹184 Cr 2,502,741
↑ 31,689 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT3% ₹159 Cr 1,225,918
↑ 94,893 State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN3% ₹135 Cr 5,010,825
↓ -152,479 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK3% ₹133 Cr 1,094,394
↑ 208,441 Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 5008203% ₹123 Cr 878,387
↑ 116,770 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH2% ₹117 Cr 1,112,891
↑ 221,675 Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA2% ₹110 Cr 1,547,126
↑ 63,715 3. Invesco India Tax Plan
CAGR/Annualized return of 14.1% since its launch. Ranked 17 in ELSS category. Return for 2018 was -1.3% , 2017 was 35.7% and 2016 was 3.4% . Invesco India Tax Plan
Growth Launch Date 29 Dec 06 NAV (22 Mar 19) ₹50.39 ↓ -0.38 (-0.75 %) Net Assets (Cr) ₹712 on 28 Feb 19 Category Equity - ELSS AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.71 Sharpe Ratio -0.27 Information Ratio -0.4 Alpha Ratio -2.55 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 14 ₹10,000 28 Feb 15 ₹16,856 29 Feb 16 ₹14,065 28 Feb 17 ₹18,377 28 Feb 18 ₹22,540 28 Feb 19 ₹22,112 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19 Duration Returns 1 Month 6.3% 3 Month 3.9% 6 Month 0% 1 Year 7.3% 3 Year 14.6% 5 Year 17.8% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
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 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 32.26% Consumer Cyclical 14.86% Industrials 11.61% Technology 11.28% Energy 9.1% Consumer Defensive 5.72% Health Care 4.55% Basic Materials 3.32% Utility 2.89% Asset Allocation
Asset Class Value Cash 4.41% Equity 95.59% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK8% ₹60 Cr 290,808 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE7% ₹52 Cr 423,645
↑ 25,779 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC6% ₹44 Cr 236,674 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK6% ₹43 Cr 1,218,376
↑ 51,301 Infosys Ltd (Technology)
Equity, Since 30 Jun 15 | INFY6% ₹40 Cr 541,233 Triparty Repo
CBLO/Reverse Repo | -4% ₹31 Cr IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | INDUSINDBK4% ₹28 Cr 192,275 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT4% ₹28 Cr 214,136 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322153% ₹24 Cr 342,578 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 09 | MARUTI3% ₹21 Cr 30,373 4. Kotak Tax Saver Scheme
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% . Kotak Tax Saver Scheme
Growth Launch Date 23 Nov 05 NAV (22 Mar 19) ₹43.109 ↓ -0.14 (-0.32 %) Net Assets (Cr) ₹791 on 28 Feb 19 Category Equity - ELSS AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.73 Sharpe Ratio -0.18 Information Ratio -0.14 Alpha Ratio 1.36 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 14 ₹10,000 28 Feb 15 ₹16,979 29 Feb 16 ₹13,822 28 Feb 17 ₹19,205 28 Feb 18 ₹21,840 28 Feb 19 ₹21,814 Returns for Kotak Tax Saver Scheme
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19 Duration Returns 1 Month 6.2% 3 Month 4.7% 6 Month 3.2% 1 Year 8.7% 3 Year 14.5% 5 Year 17.2% 10 Year 15 Year Since launch 11.6% Historical performance (Yearly) on absolute basis
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 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 27.52% Industrials 16.11% Basic Materials 13.08% Technology 11.49% Energy 7.96% Consumer Defensive 7.85% Consumer Cyclical 6.13% Health Care 4.28% Utility 4.19% Asset Allocation
Asset Class Value Cash 1.2% Equity 98.74% Debt 0% Other 0.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE7% ₹57 Cr 464,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK6% ₹50 Cr 240,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 5322156% ₹50 Cr 700,000
↑ 100,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹46 Cr 1,325,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS4% ₹34 Cr 170,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY4% ₹33 Cr 450,000 GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 5006764% ₹32 Cr 45,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT4% ₹32 Cr 245,000 AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 5406113% ₹23 Cr 395,000 Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 30 Jun 18 | BHARATFIN3% ₹20 Cr 219,090 5. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized return of 18.2% since its launch. Ranked 3 in ELSS category. Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (22 Mar 19) ₹55.59 ↓ -0.29 (-0.52 %) Net Assets (Cr) ₹1,741 on 28 Feb 19 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.74 Sharpe Ratio -0.96 Information Ratio -0.07 Alpha Ratio -12.71 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 14 ₹10,000 28 Feb 15 ₹15,810 29 Feb 16 ₹13,056 28 Feb 17 ₹17,607 28 Feb 18 ₹23,485 28 Feb 19 ₹20,833 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19 Duration Returns 1 Month 8.7% 3 Month 3.5% 6 Month -0.8% 1 Year -0.6% 3 Year 15.7% 5 Year 17.2% 10 Year 15 Year Since launch 18.2% Historical performance (Yearly) on absolute basis
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 2.28 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 27.22% Consumer Cyclical 15.53% Basic Materials 11.17% Technology 9.68% Industrials 8.39% Health Care 6.3% Energy 5.83% Utility 5.15% Consumer Defensive 4.63% Asset Allocation
Asset Class Value Cash 5.09% Equity 94.9% Other 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK6% ₹105 Cr 3,000,000
↑ 100,000 Triparty Repo
CBLO/Reverse Repo | -5% ₹92 Cr HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹73 Cr 350,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY4% ₹70 Cr 950,000
↓ -25,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE4% ₹68 Cr 550,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN4% ₹65 Cr 2,400,000
↑ 100,000 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 5322154% ₹64 Cr 900,000
↑ 50,000 RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK3% ₹46 Cr 800,000 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹44 Cr 1,041,754
↑ 21,754 Nestle India Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | NESTLEIND2% ₹32 Cr 30,000 6. 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 (22 Mar 19) ₹25.62 ↓ -0.02 (-0.08 %) Net Assets (Cr) ₹587 on 28 Feb 19 Category Equity - ELSS AMC IDBI Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.86 Sharpe Ratio -0.51 Information Ratio -0.74 Alpha Ratio -7.14 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 14 ₹10,000 28 Feb 15 ₹18,538 29 Feb 16 ₹16,063 28 Feb 17 ₹19,309 28 Feb 18 ₹23,883 28 Feb 19 ₹22,305 Returns for IDBI Equity Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19 Duration Returns 1 Month 4.3% 3 Month -3.4% 6 Month -5.4% 1 Year 0.9% 3 Year 10.3% 5 Year 17% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
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 28 Feb 19
Equity Sector Allocation
Sector Value Consumer Cyclical 31.67% Financial Services 21.63% Consumer Defensive 20.23% Basic Materials 12.03% Industrials 10.93% Health Care 2.04% Asset Allocation
Asset Class Value Cash 1.47% Equity 98.53% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN6% ₹38 Cr 308,490 Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 5328276% ₹36 Cr 15,969 Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND6% ₹33 Cr 287,946 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 5323435% ₹31 Cr 686,342 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK5% ₹30 Cr 246,474 VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 5099665% ₹28 Cr 88,342 MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 5002905% ₹28 Cr 4,950 Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 5008205% ₹27 Cr 194,293 Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | EICHERMOT4% ₹26 Cr 13,037 Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | NESTLEIND4% ₹25 Cr 23,954 7. Principal Tax Savings Fund
CAGR/Annualized return of 16.1% since its launch. Ranked 8 in ELSS category. Return for 2018 was -9.2% , 2017 was 48.8% and 2016 was 6.2% . Principal Tax Savings Fund
Growth Launch Date 31 Mar 96 NAV (22 Mar 19) ₹205.65 ↓ -0.89 (-0.43 %) Net Assets (Cr) ₹371 on 28 Feb 19 Category Equity - ELSS AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.88 Sharpe Ratio -0.72 Information Ratio 0.28 Alpha Ratio -7.76 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 14 ₹10,000 28 Feb 15 ₹15,852 29 Feb 16 ₹12,866 28 Feb 17 ₹18,394 28 Feb 18 ₹23,614 28 Feb 19 ₹21,284 Returns for Principal Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19 Duration Returns 1 Month 6.7% 3 Month 2.3% 6 Month -1.6% 1 Year 0.8% 3 Year 16.3% 5 Year 16.9% 10 Year 15 Year Since launch 16.1% Historical performance (Yearly) on absolute basis
Year Returns 2018 -9.2% 2017 48.8% 2016 6.2% 2015 2.7% 2014 49.4% 2013 8.5% 2012 46.5% 2011 -30.4% 2010 15% 2009 64.7% Fund Manager information for Principal Tax Savings Fund
Name Since Tenure P.V.K. Mohan 1 Sep 10 8.42 Yr. Data below for Principal Tax Savings Fund as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 27.86% Consumer Defensive 14.03% Technology 11.16% Basic Materials 10.87% Consumer Cyclical 9.06% Industrials 8.09% Utility 5.33% Health Care 4.6% Energy 4.46% Communication Services 1.39% Asset Allocation
Asset Class Value Cash 3.15% Equity 96.85% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK5% ₹19 Cr 91,334 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK5% ₹18 Cr 509,143 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE4% ₹17 Cr 134,452 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS4% ₹14 Cr 68,640 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC3% ₹13 Cr 455,396 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK3% ₹11 Cr 89,915 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY3% ₹11 Cr 145,594
↓ -16,000 Treps 01-Mar-2019
CBLO/Reverse Repo | -3% ₹10 Cr Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT3% ₹10 Cr 77,262 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN3% ₹10 Cr 369,851 8. Franklin India Taxshield
CAGR/Annualized return of 22.4% since its launch. Ranked 28 in ELSS category. Return for 2018 was -3% , 2017 was 29.1% and 2016 was 4.7% . Franklin India Taxshield
Growth Launch Date 10 Apr 99 NAV (22 Mar 19) ₹565.469 ↓ -1.63 (-0.29 %) Net Assets (Cr) ₹3,666 on 28 Feb 19 Category Equity - ELSS AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.35 Sharpe Ratio -0.36 Information Ratio -1.09 Alpha Ratio -1.28 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 14 ₹10,000 28 Feb 15 ₹16,494 29 Feb 16 ₹14,464 28 Feb 17 ₹18,626 28 Feb 18 ₹21,218 28 Feb 19 ₹20,747 Returns for Franklin India Taxshield
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Mar 19 Duration Returns 1 Month 6.3% 3 Month 3.9% 6 Month 1.2% 1 Year 7.4% 3 Year 11.3% 5 Year 16.1% 10 Year 15 Year Since launch 22.4% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure R. Janakiraman 2 May 16 2.83 Yr. Lakshmikanth Reddy 2 May 16 2.83 Yr. Data below for Franklin India Taxshield as on 28 Feb 19
Equity Sector Allocation
Sector Value Financial Services 30.89% Consumer Cyclical 15.45% Basic Materials 10.8% Utility 9.01% Technology 7.41% Energy 7.17% Consumer Defensive 7.06% Industrials 2.87% Health Care 2.54% Communication Services 2.06% Asset Allocation
Asset Class Value Equity 95.26% Other 4.74% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 53221510% ₹351 Cr 4,949,477 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK8% ₹300 Cr 1,445,052 Call, Cash & Other Assets
Receivables | -5% ₹174 Cr Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY5% ₹171 Cr 2,324,211 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Nov 17 | KOTAKBANK5% ₹167 Cr 1,374,652
↓ -250,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK4% ₹141 Cr 4,013,153 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 16 | 5328984% ₹136 Cr 7,419,223 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 14 | M&M4% ₹133 Cr 2,059,699
↑ 100,000 Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 May 17 | HINDALCO3% ₹128 Cr 6,549,242 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM3% ₹127 Cr 1,631,440
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