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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 2024 – 2025.
The other major benefits of ELSS are:
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.
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.
Since these mutual funds invest in equity-related instruments, the money you invest grows as the stock Market grows. So, the gains are high in ELSS Funds.
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Fund NAV Net Assets (Cr) Rating 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) BOI AXA Tax Advantage Fund Growth ₹148.6
↑ 0.44 ₹1,150 ☆☆☆ 8.7 24.1 57.2 24.5 24.6 34.8 IDFC Tax Advantage (ELSS) Fund Growth ₹136.501
↑ 0.29 ₹6,140 ☆☆☆☆☆ 5.6 14.5 41.5 22.9 19.5 28.3 Motilal Oswal Long Term Equity Fund Growth ₹41.0368
↑ 0.57 ₹3,120 9.7 25.5 57.3 23.3 19.4 37 JM Tax Gain Fund Growth ₹39.9645
↑ 0.20 ₹121 ☆☆☆ 5.5 16.1 45.8 20.3 19 30.9 DSP BlackRock Tax Saver Fund Growth ₹111.49
↓ -0.04 ₹14,147 ☆☆☆☆ 3.5 15.5 41.8 20.1 18.5 30 Kotak Tax Saver Fund Growth ₹100.995
↑ 0.28 ₹5,050 ☆☆☆ 7.5 15.5 39 20.4 18.5 23.6 Canara Robeco Equity Tax Saver Growth ₹149.7
↑ 1.02 ₹7,333 ☆ 3.5 14.6 35.5 17.2 18.2 23.7 HDFC Long Term Advantage Fund Growth ₹595.168
↑ 0.28 ₹1,318 ☆☆☆ 1.2 15.4 35.5 20.6 17.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Mar 24
*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.
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.
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 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 (Erstwhile Motilal Oswal MOSt Focused Long Term Fund) The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. Motilal Oswal Long Term Equity Fund is a Equity - ELSS fund was launched on 21 Jan 15. It is a fund with Moderately High risk and has given a Below is the key information for Motilal Oswal Long Term Equity Fund Returns up to 1 year are on The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns. JM Tax Gain Fund is a Equity - ELSS fund was launched on 31 Mar 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Tax Gain 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 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 (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 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 1. BOI AXA Tax Advantage Fund
CAGR/Annualized
return of 19.6% since its launch. Ranked 13 in ELSS
category. Return for 2023 was 34.8% , 2022 was -1.3% and 2021 was 41.5% . BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (27 Mar 24) ₹148.6 ↑ 0.44 (0.30 %) Net Assets (Cr) ₹1,150 on 29 Feb 24 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.49 Sharpe Ratio 2.81 Information Ratio 0.74 Alpha Ratio 5.67 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹12,243 28 Feb 21 ₹16,531 28 Feb 22 ₹20,178 28 Feb 23 ₹20,760 29 Feb 24 ₹31,625 Returns for BOI AXA Tax Advantage Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month -0.1% 3 Month 8.7% 6 Month 24.1% 1 Year 57.2% 3 Year 24.5% 5 Year 24.6% 10 Year 15 Year Since launch 19.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 34.8% 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% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Alok Singh 27 Apr 22 1.85 Yr. Data below for BOI AXA Tax Advantage Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 30.56% Consumer Cyclical 9.5% Industrials 9.36% Basic Materials 8.78% Health Care 7.64% Energy 7.21% Technology 5.24% Utility 4.87% Consumer Defensive 2.59% Real Estate 1.43% Asset Allocation
Asset Class Value Cash 10.21% Equity 87.18% Debt 2.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN4% ₹46 Cr 620,000
↓ -160,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK3% ₹39 Cr 280,000 Canara Bank (Financial Services)
Equity, Since 31 Aug 22 | 5324833% ₹39 Cr 695,000
↓ -200,000 Oil India Ltd (Energy)
Equity, Since 31 Mar 23 | OIL3% ₹38 Cr 702,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE3% ₹38 Cr 130,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Jun 22 | SUNPHARMA3% ₹34 Cr 217,000 Bank of Baroda (Financial Services)
Equity, Since 31 Oct 22 | 5321343% ₹33 Cr 1,236,338
↓ -413,662 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325553% ₹31 Cr 920,000
↓ -118,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 22 | LT3% ₹29 Cr 82,800 Kotak Mahindra Bank Ltd.
Debentures | -2% ₹28 Cr 3,000,000 2. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized
return of 18.7% since its launch. Ranked 3 in ELSS
category. Return for 2023 was 28.3% , 2022 was 4.2% and 2021 was 49.2% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (27 Mar 24) ₹136.501 ↑ 0.29 (0.21 %) Net Assets (Cr) ₹6,140 on 29 Feb 24 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.95 Sharpe Ratio 2.87 Information Ratio 0.59 Alpha Ratio 4.78 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,153 28 Feb 21 ₹14,343 28 Feb 22 ₹17,974 28 Feb 23 ₹18,911 29 Feb 24 ₹26,388 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month -0.7% 3 Month 5.6% 6 Month 14.5% 1 Year 41.5% 3 Year 22.9% 5 Year 19.5% 10 Year 15 Year Since launch 18.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 28.3% 2022 4.2% 2021 49.2% 2020 18.7% 2019 1.9% 2018 -9.4% 2017 53.4% 2016 0.4% 2015 6.9% 2014 42.2% Fund Manager information for IDFC Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 7.37 Yr. Ritika Behera 7 Oct 23 0.4 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 26.81% Consumer Cyclical 13.01% Industrials 11.04% Technology 9.13% Basic Materials 8.29% Consumer Defensive 7.89% Health Care 6.89% Energy 5.25% Communication Services 3.09% Utility 2.65% Real Estate 0.67% Asset Allocation
Asset Class Value Cash 5.28% Equity 94.72% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK6% ₹358 Cr 3,400,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK5% ₹330 Cr 2,350,000
↑ 150,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE5% ₹321 Cr 1,100,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 5322154% ₹237 Cr 2,200,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY4% ₹234 Cr 1,400,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN3% ₹180 Cr 2,400,000
↑ 100,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL2% ₹143 Cr 1,275,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS2% ₹143 Cr 1,500,000
↓ -300,000 NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | 5325552% ₹134 Cr 4,000,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 21 | TCS2% ₹132 Cr 321,877 3. Motilal Oswal Long Term Equity Fund
CAGR/Annualized
return of 16.6% since its launch. Return for 2023 was 37% , 2022 was 1.8% and 2021 was 32.1% . Motilal Oswal Long Term Equity Fund
Growth Launch Date 21 Jan 15 NAV (27 Mar 24) ₹41.0368 ↑ 0.57 (1.40 %) Net Assets (Cr) ₹3,120 on 29 Feb 24 Category Equity - ELSS AMC Motilal Oswal Asset Management Co. Ltd Rating Risk Moderately High Expense Ratio 1.68 Sharpe Ratio 3.19 Information Ratio 0.53 Alpha Ratio 11.05 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹11,627 28 Feb 21 ₹13,715 28 Feb 22 ₹15,851 28 Feb 23 ₹16,736 29 Feb 24 ₹25,293 Returns for Motilal Oswal Long Term Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month 0.5% 3 Month 9.7% 6 Month 25.5% 1 Year 57.3% 3 Year 23.3% 5 Year 19.4% 10 Year 15 Year Since launch 16.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 37% 2022 1.8% 2021 32.1% 2020 8.8% 2019 13.2% 2018 -8.7% 2017 44% 2016 12.5% 2015 2014 Fund Manager information for Motilal Oswal Long Term Equity Fund
Name Since Tenure Ajay Khandelwal 11 Dec 23 0.22 Yr. Niket Shah 17 Oct 23 0.37 Yr. Rakesh Shetty 22 Nov 22 1.27 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Cash 0.85% Equity 99.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5433207% ₹215 Cr 13,000,000 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Oct 23 | 5439407% ₹211 Cr 6,800,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | 5002516% ₹184 Cr 474,799 Global Health Ltd (Healthcare)
Equity, Since 30 Nov 22 | MEDANTA5% ₹168 Cr 1,235,145
↓ -285,352 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Mar 23 | INDUSINDBK5% ₹147 Cr 1,000,000 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Oct 23 | PRESTIGE4% ₹134 Cr 1,150,000 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | KALYANKJIL4% ₹131 Cr 3,296,932
↑ 1,113,000 InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 Jul 23 | INDIGO4% ₹128 Cr 406,055
↓ -50,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK4% ₹123 Cr 1,170,000 Infosys Ltd (Technology)
Equity, Since 31 Aug 20 | INFY4% ₹117 Cr 700,000 4. JM Tax Gain Fund
CAGR/Annualized
return of 9.1% since its launch. Ranked 18 in ELSS
category. Return for 2023 was 30.9% , 2022 was 0.5% and 2021 was 32.2% . JM Tax Gain Fund
Growth Launch Date 31 Mar 08 NAV (27 Mar 24) ₹39.9645 ↑ 0.20 (0.50 %) Net Assets (Cr) ₹121 on 29 Feb 24 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.43 Sharpe Ratio 2.79 Information Ratio 0.2 Alpha Ratio 7.02 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹11,382 28 Feb 21 ₹14,615 28 Feb 22 ₹17,234 28 Feb 23 ₹17,704 29 Feb 24 ₹25,550 Returns for JM Tax Gain Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month -2.2% 3 Month 5.5% 6 Month 16.1% 1 Year 45.8% 3 Year 20.3% 5 Year 19% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 30.9% 2022 0.5% 2021 32.2% 2020 18.3% 2019 14.9% 2018 -4.6% 2017 42.6% 2016 5.2% 2015 -0.6% 2014 54.9% Fund Manager information for JM Tax Gain Fund
Name Since Tenure Asit Bhandarkar 31 Dec 21 2.17 Yr. Gurvinder Wasan 1 Dec 22 1.25 Yr. Chaitanya Choksi 18 Jul 14 9.63 Yr. Data below for JM Tax Gain Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 25.02% Technology 16.94% Industrials 15.69% Consumer Cyclical 12.58% Basic Materials 9.14% Consumer Defensive 5.03% Utility 4.28% Real Estate 3.8% Health Care 3.27% Communication Services 1.34% Asset Allocation
Asset Class Value Cash 2.91% Equity 97.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK6% ₹7 Cr 47,881
↑ 24,000 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFY5% ₹6 Cr 34,215
↑ 15,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK4% ₹5 Cr 49,975 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT4% ₹5 Cr 13,500
↓ -800 State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN3% ₹3 Cr 45,400 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5328103% ₹3 Cr 81,625
↓ -30,000 Bank of Baroda (Financial Services)
Equity, Since 30 Sep 22 | 5321343% ₹3 Cr 123,000 NTPC Ltd (Utilities)
Equity, Since 31 Dec 23 | 5325553% ₹3 Cr 97,000
↑ 15,000 Newgen Software Technologies Ltd (Technology)
Equity, Since 30 Nov 23 | NEWGEN3% ₹3 Cr 36,900 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 31 Jul 23 | TATAMTRDVR2% ₹3 Cr 47,500 5. DSP BlackRock Tax Saver Fund
CAGR/Annualized
return of 15.1% since its launch. Ranked 12 in ELSS
category. Return for 2023 was 30% , 2022 was 4.5% and 2021 was 35.1% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (27 Mar 24) ₹111.49 ↓ -0.04 (-0.03 %) Net Assets (Cr) ₹14,147 on 29 Feb 24 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.78 Sharpe Ratio 2.53 Information Ratio 0.33 Alpha Ratio 0.45 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹11,148 28 Feb 21 ₹14,652 28 Feb 22 ₹17,562 28 Feb 23 ₹18,288 29 Feb 24 ₹25,762 Returns for DSP BlackRock Tax Saver Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month -2.4% 3 Month 3.5% 6 Month 15.5% 1 Year 41.8% 3 Year 20.1% 5 Year 18.5% 10 Year 15 Year Since launch 15.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 30% 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% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 8.63 Yr. Charanjit Singh 1 May 23 0.84 Yr. Data below for DSP BlackRock Tax Saver Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 35.12% Consumer Cyclical 12.02% Technology 9.02% Basic Materials 8.67% Health Care 8.1% Industrials 6.18% Utility 4.77% Consumer Defensive 4.62% Energy 4.35% Communication Services 1.87% Real Estate 0.38% Asset Allocation
Asset Class Value Cash 4.9% Equity 95.1% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK8% ₹1,142 Cr 10,848,875
↑ 475,242 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK7% ₹959 Cr 6,833,177
↑ 148,839 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN5% ₹690 Cr 9,223,663
↑ 437,951 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | M&M3% ₹405 Cr 2,097,562
↓ -194,380 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY3% ₹399 Cr 2,382,232 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322153% ₹388 Cr 3,606,136 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 21 | HCLTECH3% ₹379 Cr 2,280,758 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Dec 22 | 5328103% ₹363 Cr 9,050,202
↑ 68,694 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Nov 22 | HINDUNILVR2% ₹325 Cr 1,346,783 Coforge Ltd (Technology)
Equity, Since 28 Feb 23 | COFORGE2% ₹314 Cr 479,377 6. Kotak Tax Saver Fund
CAGR/Annualized
return of 13.4% since its launch. Ranked 19 in ELSS
category. Return for 2023 was 23.6% , 2022 was 6.9% and 2021 was 33.2% . Kotak Tax Saver Fund
Growth Launch Date 23 Nov 05 NAV (27 Mar 24) ₹100.995 ↑ 0.28 (0.28 %) Net Assets (Cr) ₹5,050 on 29 Feb 24 Category Equity - ELSS AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.97 Sharpe Ratio 2.75 Information Ratio 0.12 Alpha Ratio 3.43 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹11,149 28 Feb 21 ₹14,133 28 Feb 22 ₹16,798 28 Feb 23 ₹17,953 29 Feb 24 ₹24,357 Returns for Kotak Tax Saver Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month 0.6% 3 Month 7.5% 6 Month 15.5% 1 Year 39% 3 Year 20.4% 5 Year 18.5% 10 Year 15 Year Since launch 13.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 23.6% 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% Fund Manager information for Kotak Tax Saver Fund
Name Since Tenure Harsha Upadhyaya 25 Aug 15 8.52 Yr. Data below for Kotak Tax Saver Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 23.42% Industrials 18.94% Consumer Cyclical 15.12% Basic Materials 12.42% Utility 7.04% Technology 5.34% Consumer Defensive 4.75% Health Care 4.43% Energy 2.97% Communication Services 2.83% Asset Allocation
Asset Class Value Cash 2.75% Equity 97.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | MARUTI5% ₹254 Cr 225,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK5% ₹246 Cr 1,750,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹221 Cr 2,100,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT4% ₹205 Cr 588,501 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN4% ₹202 Cr 2,700,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 5322154% ₹194 Cr 1,800,000 NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | 5325553% ₹168 Cr 5,000,000
↓ -400,000 Bosch Ltd (Consumer Cyclical)
Equity, Since 28 Feb 23 | 5005303% ₹149 Cr 52,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE3% ₹146 Cr 500,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY3% ₹134 Cr 800,000 7. Canara Robeco Equity Tax Saver
CAGR/Annualized
return of 19.6% since its launch. Ranked 36 in ELSS
category. Return for 2023 was 23.7% , 2022 was -0.2% and 2021 was 35.1% . Canara Robeco Equity Tax Saver
Growth Launch Date 2 Feb 09 NAV (27 Mar 24) ₹149.7 ↑ 1.02 (0.69 %) Net Assets (Cr) ₹7,333 on 29 Feb 24 Category Equity - ELSS AMC Canara Robeco Asset Management Co. Ltd. Rating ☆ Risk Moderately High Expense Ratio 1.96 Sharpe Ratio 2.11 Information Ratio -0.82 Alpha Ratio -4.1 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹11,523 28 Feb 21 ₹15,498 28 Feb 22 ₹18,423 28 Feb 23 ₹18,646 29 Feb 24 ₹24,600 Returns for Canara Robeco Equity Tax Saver
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month -0.2% 3 Month 3.5% 6 Month 14.6% 1 Year 35.5% 3 Year 17.2% 5 Year 18.2% 10 Year 15 Year Since launch 19.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 23.7% 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% Fund Manager information for Canara Robeco Equity Tax Saver
Name Since Tenure Vishal Mishra 26 Jun 21 2.68 Yr. Shridatta Bhandwaldar 1 Oct 19 4.42 Yr. Data below for Canara Robeco Equity Tax Saver as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 27.81% Consumer Cyclical 12.51% Industrials 11.86% Technology 11.18% Energy 6.63% Health Care 6.42% Consumer Defensive 6.26% Basic Materials 5.94% Communication Services 2.99% Utility 2.83% Real Estate 1% Asset Allocation
Asset Class Value Cash 4.57% Equity 95.43% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK6% ₹468 Cr 3,337,584 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK6% ₹424 Cr 4,026,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY5% ₹370 Cr 2,211,310 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE5% ₹330 Cr 1,131,000
↑ 30,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325553% ₹207 Cr 6,175,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT3% ₹203 Cr 584,369
↑ 20,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS3% ₹201 Cr 490,073 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 21 | BHARTIARTL2% ₹173 Cr 1,540,000
↑ 40,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN2% ₹166 Cr 2,220,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Nov 21 | SUNPHARMA2% ₹164 Cr 1,040,000 8. 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 28 Feb 19 ₹10,000 29 Feb 20 ₹10,378 28 Feb 21 ₹13,707
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 27 Mar 24 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 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 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
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