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8 Best ELSS Tax Saving Mutual Funds 2023
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 2023 – 2024.
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 23 - 24
Fund NAV Net Assets (Cr) Rating 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) HDFC Long Term Advantage Fund Growth ₹595.168
↑ 0.28 ₹1,318 ☆☆☆ 1.2 15.4 35.5 20.6 17.4 Canara Robeco Equity Tax Saver Growth ₹115.14
↑ 1.08 ₹4,559 ☆ -3.4 1 -2.1 18.5 14.1 -0.2 Mirae Asset Tax Saver Fund Growth ₹30.817
↑ 0.23 ₹14,020 -1.2 1 -2.2 18.4 13 0.1 Kotak Tax Saver Fund Growth ₹74.858
↑ 0.77 ₹3,161 ☆☆☆ -1.8 3.9 1.9 16.2 12.5 6.9 BOI AXA Tax Advantage Fund Growth ₹98.83
↑ 1.17 ₹693 ☆☆☆ -3.9 3.6 -0.9 20.3 12.3 -1.3 DSP BlackRock Tax Saver Fund Growth ₹82.616
↑ 0.84 ₹10,445 ☆☆☆☆ -1.2 3 -0.1 17.4 11.9 4.5 PGIM India Tax Savings Fund Growth ₹24.47
↑ 0.18 ₹448 -1.2 4.5 0.3 19.6 11.8 4.7 Baroda Pioneer ELSS 96 Growth ₹68.6676
↑ 0.33 ₹210 -6.1 -3.5 17.6 16.7 11.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Jan 22
*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.
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 Below is the key information for HDFC Long Term Advantage Fund Returns up to 1 year are on (ELSS Scheme) Seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of
the scheme will be realized. Canara Robeco Equity Tax Saver is a Equity - ELSS fund was launched on 2 Feb 09. It is a fund with Moderately High risk and has given a Below is the key information for Canara Robeco Equity Tax Saver Returns up to 1 year are on The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns. Mirae Asset Tax Saver Fund is a Equity - ELSS fund was launched on 28 Dec 15. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset 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 Fund 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 Fund Returns up to 1 year are on The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.) BOI AXA Tax Advantage Fund is a Equity - ELSS fund was launched on 25 Feb 09. It is a fund with Moderately High risk and has given a Below is the key information for BOI AXA Tax Advantage Fund 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 primary objective of the Scheme is to generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to
avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time. However, there is no assurance that the investment objective
shall be realize" PGIM India Tax Savings Fund is a Equity - ELSS fund was launched on 11 Dec 15. It is a fund with Moderately High risk and has given a Below is the key information for PGIM India Tax Savings Fund Returns up to 1 year are on The main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961. Baroda Pioneer ELSS 96 is a Equity - ELSS fund was launched on 2 Mar 15. It is a fund with Moderately High risk and has given a Below is the key information for Baroda Pioneer ELSS 96 Returns up to 1 year are on 1. HDFC Long Term Advantage Fund
CAGR/Annualized return of 21.4% since its launch. Ranked 23 in ELSS category. . 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 31 Jan 18 ₹10,000 31 Jan 19 ₹9,371 31 Jan 20 ₹10,280 31 Jan 21 ₹11,480
Purchase not allowed Returns for HDFC Long Term Advantage Fund
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 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 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. Canara Robeco Equity Tax Saver
CAGR/Annualized return of 19.1% since its launch. Ranked 36 in ELSS category. Return for 2022 was -0.2% , 2021 was 35.1% and 2020 was 27.4% . Canara Robeco Equity Tax Saver
Growth Launch Date 2 Feb 09 NAV (03 Feb 23) ₹115.14 ↑ 1.08 (0.95 %) Net Assets (Cr) ₹4,559 on 31 Dec 22 Category Equity - ELSS AMC Canara Robeco Asset Management Co. Ltd. Rating ☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio -0.26 Information Ratio 0.31 Alpha Ratio -4.89 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,100 31 Jan 20 ₹11,432 31 Jan 21 ₹14,213 31 Jan 22 ₹19,054 31 Jan 23 ₹18,623 Returns for Canara Robeco Equity Tax Saver
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 -3.4% 6 Month 1% 1 Year -2.1% 3 Year 18.5% 5 Year 14.1% 10 Year 15 Year Since launch 19.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 -0.2% 2021 35.1% 2020 27.4% 2019 10.7% 2018 2.7% 2017 32% 2016 0% 2015 0.6% 2014 45.2% 2013 5.3% Fund Manager information for Canara Robeco Equity Tax Saver
Name Since Tenure Vishal Mishra 26 Jun 21 1.52 Yr. Shridatta Bhandwaldar 1 Oct 19 3.25 Yr. Data below for Canara Robeco Equity Tax Saver as on 31 Dec 22
Equity Sector Allocation
Sector Value Financial Services 34.13% Consumer Cyclical 13.34% Basic Materials 9.69% Technology 9.47% Industrials 9.47% Health Care 5.99% Consumer Defensive 5.03% Energy 4.21% Communication Services 2.15% Real Estate 1.5% Utility 1.5% Asset Allocation
Asset Class Value Cash 3.52% Equity 96.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK8% ₹356 Cr 3,991,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK8% ₹355 Cr 2,182,184
↑ 145,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY6% ₹295 Cr 1,956,310 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN5% ₹221 Cr 3,595,000
↑ 265,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE4% ₹192 Cr 753,500
↑ 10,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | AXISBANK4% ₹192 Cr 2,053,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Apr 21 | ULTRACEMCO2% ₹108 Cr 155,000
↑ 6,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS2% ₹105 Cr 323,712 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | HINDUNILVR2% ₹99 Cr 386,690 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 21 | BHARTIARTL2% ₹98 Cr 1,215,000 3. Mirae Asset Tax Saver Fund
CAGR/Annualized return of 17.2% since its launch. Return for 2022 was 0.1% , 2021 was 35.3% and 2020 was 21.5% . Mirae Asset Tax Saver Fund
Growth Launch Date 28 Dec 15 NAV (03 Feb 23) ₹30.817 ↑ 0.23 (0.76 %) Net Assets (Cr) ₹14,020 on 31 Dec 22 Category Equity - ELSS AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderately High Expense Ratio 1.28 Sharpe Ratio -0.26 Information Ratio 0.23 Alpha Ratio -4.19 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,570 31 Jan 20 ₹11,050 31 Jan 21 ₹13,322 31 Jan 22 ₹17,988 31 Jan 23 ₹17,781 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -2.5% 3 Month -1.2% 6 Month 1% 1 Year -2.2% 3 Year 18.4% 5 Year 13% 10 Year 15 Year Since launch 17.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 0.1% 2021 35.3% 2020 21.5% 2019 14.1% 2018 -2.3% 2017 47.9% 2016 14.8% 2015 2014 2013 Fund Manager information for Mirae Asset Tax Saver Fund
Name Since Tenure Neelesh Surana 28 Dec 15 7.02 Yr. Data below for Mirae Asset Tax Saver Fund as on 31 Dec 22
Equity Sector Allocation
Sector Value Financial Services 35.94% Consumer Cyclical 12.4% Technology 9.57% Basic Materials 8.81% Industrials 7.37% Energy 6.84% Health Care 6.61% Consumer Defensive 5.11% Utility 3.61% Communication Services 2.53% Real Estate 0.51% Asset Allocation
Asset Class Value Cash 0.71% Equity 99.29% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK9% ₹1,216 Cr 7,467,222
↑ 150,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK7% ₹937 Cr 10,518,912 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE6% ₹829 Cr 3,254,180 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY5% ₹747 Cr 4,954,691
↑ 200,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | AXISBANK5% ₹683 Cr 7,318,266
↓ -260,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN3% ₹488 Cr 7,958,799
↓ -200,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL3% ₹355 Cr 4,404,889
↓ -515,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT2% ₹338 Cr 1,622,630 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC2% ₹335 Cr 1,268,263
↑ 410,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS2% ₹323 Cr 992,537
↑ 50,000 4. Kotak Tax Saver Fund
CAGR/Annualized return of 12.4% since its launch. Ranked 19 in ELSS category. Return for 2022 was 6.9% , 2021 was 33.2% and 2020 was 14.9% . Kotak Tax Saver Fund
Growth Launch Date 23 Nov 05 NAV (03 Feb 23) ₹74.858 ↑ 0.77 (1.03 %) Net Assets (Cr) ₹3,161 on 31 Dec 22 Category Equity - ELSS AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.97 Sharpe Ratio 0.19 Information Ratio 0.1 Alpha Ratio 2.47 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,575 31 Jan 20 ₹11,296 31 Jan 21 ₹12,539 31 Jan 22 ₹16,785 31 Jan 23 ₹17,355 Returns for Kotak Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -3% 3 Month -1.8% 6 Month 3.9% 1 Year 1.9% 3 Year 16.2% 5 Year 12.5% 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 6.9% 2021 33.2% 2020 14.9% 2019 12.7% 2018 -3.8% 2017 33.8% 2016 7.5% 2015 1.5% 2014 56.6% 2013 -6.3% Fund Manager information for Kotak Tax Saver Fund
Name Since Tenure Harsha Upadhyaya 25 Aug 15 7.36 Yr. Data below for Kotak Tax Saver Fund as on 31 Dec 22
Equity Sector Allocation
Sector Value Financial Services 27.53% Industrials 16.93% Basic Materials 15.92% Consumer Cyclical 11.47% Consumer Defensive 7.61% Technology 6.1% Health Care 4.09% Energy 4.03% Utility 2.06% Communication Services 1.87% Asset Allocation
Asset Class Value Cash 2.39% Equity 97.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹232 Cr 2,600,000 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN6% ₹184 Cr 3,000,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | AXISBANK5% ₹168 Cr 1,800,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE4% ₹127 Cr 500,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY4% ₹121 Cr 800,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT4% ₹120 Cr 575,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 21 | ITC3% ₹103 Cr 3,100,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | MARUTI3% ₹97 Cr 115,000
↑ 15,000 SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF3% ₹82 Cr 360,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 28 Feb 18 | JINDALSTEL2% ₹78 Cr 1,350,000 5. BOI AXA Tax Advantage Fund
CAGR/Annualized return of 17.9% since its launch. Ranked 13 in ELSS category. Return for 2022 was -1.3% , 2021 was 41.5% and 2020 was 31.2% . BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (03 Feb 23) ₹98.83 ↑ 1.17 (1.20 %) Net Assets (Cr) ₹693 on 31 Dec 22 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.54 Sharpe Ratio -0.3 Information Ratio 0.6 Alpha Ratio -5.83 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹8,154 31 Jan 20 ₹10,084 31 Jan 21 ₹12,419 31 Jan 22 ₹17,256 31 Jan 23 ₹17,207 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -3.5% 3 Month -3.9% 6 Month 3.6% 1 Year -0.9% 3 Year 20.3% 5 Year 12.3% 10 Year 15 Year Since launch 17.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 -1.3% 2021 41.5% 2020 31.2% 2019 14.6% 2018 -16.3% 2017 57.7% 2016 -1.2% 2015 2.1% 2014 44% 2013 9.1% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Alok Singh 27 Apr 22 0.68 Yr. Data below for BOI AXA Tax Advantage Fund as on 31 Dec 22
Equity Sector Allocation
Sector Value Financial Services 38.39% Consumer Cyclical 13.78% Industrials 11% Basic Materials 9.71% Consumer Defensive 7.59% Health Care 6.01% Energy 4.22% Technology 3.48% Utility 3.03% Real Estate 1.88% Communication Services 0.74% Asset Allocation
Asset Class Value Cash 0.17% Equity 99.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN7% ₹47 Cr 770,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK7% ₹47 Cr 529,340 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK6% ₹43 Cr 265,000
↑ 21,000 Canara Bank (Financial Services)
Equity, Since 31 Aug 22 | CANBK4% ₹30 Cr 895,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE3% ₹23 Cr 91,009 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | NTPC3% ₹21 Cr 1,260,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | AXISBANK3% ₹19 Cr 204,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Apr 22 | 5325382% ₹16 Cr 23,000
↑ 4,000 Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 30 Apr 22 | BALRAMCHIN2% ₹16 Cr 396,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 May 22 | ITC2% ₹16 Cr 473,223 6. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 14.1% since its launch. Ranked 12 in ELSS category. Return for 2022 was 4.5% , 2021 was 35.1% and 2020 was 15% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (03 Feb 23) ₹82.616 ↑ 0.84 (1.03 %) Net Assets (Cr) ₹10,445 on 31 Dec 22 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.8 Sharpe Ratio 0.04 Information Ratio 0.04 Alpha Ratio 0.14 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,121 31 Jan 20 ₹10,720 31 Jan 21 ₹12,243 31 Jan 22 ₹16,866 31 Jan 23 ₹17,015 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -2.5% 3 Month -1.2% 6 Month 3% 1 Year -0.1% 3 Year 17.4% 5 Year 11.9% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.5% 2021 35.1% 2020 15% 2019 14.8% 2018 -7.6% 2017 36.3% 2016 11.3% 2015 4.4% 2014 52.2% 2013 6.7% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 7.47 Yr. Kaushal Maroo 1 Dec 22 0.08 Yr. Data below for DSP BlackRock Tax Saver Fund as on 31 Dec 22
Equity Sector Allocation
Sector Value Financial Services 39.08% Consumer Cyclical 12.49% Technology 10.62% Basic Materials 7.92% Industrials 7.87% Health Care 7.69% Consumer Defensive 3.89% Utility 3.77% Energy 3.72% Communication Services 2.29% Asset Allocation
Asset Class Value Cash 0.65% Equity 99.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK10% ₹1,011 Cr 6,211,551 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK8% ₹793 Cr 8,903,890
↓ -701,311 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY6% ₹659 Cr 4,366,492
↓ -263,133 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN5% ₹526 Cr 8,569,742
↑ 1,746,871 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | AXISBANK5% ₹483 Cr 5,175,964 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 21 | HCLTECH3% ₹302 Cr 2,906,835 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 20 | SUNPHARMA2% ₹252 Cr 2,520,973
↓ -459,703 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Jun 20 | SBILIFE2% ₹249 Cr 2,023,757 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL2% ₹226 Cr 2,809,644
↓ -128,334 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | DRREDDY2% ₹222 Cr 523,308
↓ -50,000 7. PGIM India Tax Savings Fund
CAGR/Annualized return of 13.3% since its launch. Return for 2022 was 4.7% , 2021 was 37.5% and 2020 was 17.9% . PGIM India Tax Savings Fund
Growth Launch Date 11 Dec 15 NAV (03 Feb 23) ₹24.47 ↑ 0.18 (0.74 %) Net Assets (Cr) ₹448 on 31 Dec 22 Category Equity - ELSS AMC Pramerica Asset Managers Private Limited Rating Risk Moderately High Expense Ratio 0 Sharpe Ratio 0.05 Information Ratio 0.45 Alpha Ratio 0.31 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹9,377 31 Jan 20 ₹10,194 31 Jan 21 ₹11,849 31 Jan 22 ₹16,717 31 Jan 23 ₹16,877 Returns for PGIM India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -2.5% 3 Month -1.2% 6 Month 4.5% 1 Year 0.3% 3 Year 19.6% 5 Year 11.8% 10 Year 15 Year Since launch 13.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.7% 2021 37.5% 2020 17.9% 2019 8.2% 2018 -6.4% 2017 39.3% 2016 1.7% 2015 2014 2013 Fund Manager information for PGIM India Tax Savings Fund
Name Since Tenure Srinivas Ravuri 14 Sep 19 3.3 Yr. Puneet Pal 1 Dec 21 1.08 Yr. Utkarsh Katkoria 1 Jun 21 1.59 Yr. Data below for PGIM India Tax Savings Fund as on 31 Dec 22
Equity Sector Allocation
Sector Value Financial Services 35.99% Technology 9.21% Health Care 8.66% Industrials 8.02% Consumer Cyclical 7.04% Basic Materials 6.33% Energy 6.07% Utility 4.99% Consumer Defensive 4.61% Communication Services 4.33% Asset Allocation
Asset Class Value Cash 4.75% Equity 95.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK8% ₹36 Cr 222,200
↑ 68,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | ICICIBANK6% ₹27 Cr 298,500
↓ -72,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY5% ₹24 Cr 161,129 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 17 | RELIANCE5% ₹23 Cr 89,750
↓ -10,000 HDFC Life Insurance Company Limited (Financial Services)
Equity, Since 31 Mar 22 | HDFCLIFE5% ₹21 Cr 377,700 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | AXISBANK5% ₹20 Cr 218,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 17 | LT4% ₹20 Cr 95,664 Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 19 | BHARTIARTL4% ₹19 Cr 240,805 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN4% ₹18 Cr 294,174 GAIL (India) Ltd (Utilities)
Equity, Since 31 Jan 22 | GAIL3% ₹15 Cr 1,546,558 8. Baroda Pioneer ELSS 96
CAGR/Annualized return of 8.4% since its launch. . Baroda Pioneer ELSS 96
Growth Launch Date 2 Mar 15 NAV (11 Mar 22) ₹68.6676 ↑ 0.33 (0.48 %) Net Assets (Cr) ₹210 on 31 Jan 22 Category Equity - ELSS AMC Baroda Pioneer Asset Management Co. Ltd. Rating Risk Moderately High Expense Ratio 2.55 Sharpe Ratio 2.51 Information Ratio -0.09 Alpha Ratio 5.69 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹8,624 31 Jan 20 ₹9,316 31 Jan 21 ₹10,647 31 Jan 22 ₹14,697 Returns for Baroda Pioneer ELSS 96
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -3.9% 3 Month -6.1% 6 Month -3.5% 1 Year 17.6% 3 Year 16.7% 5 Year 11.6% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for Baroda Pioneer ELSS 96
Name Since Tenure Data below for Baroda Pioneer ELSS 96 as on 31 Jan 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
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