+91-22-489139098 Best ELSS Tax Saving Mutual Funds 2025
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 2025 – 2026.
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 25 - 26
Fund NAV Net Assets (Cr) Rating 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) Motilal Oswal Long Term Equity Fund Growth ₹53.1873
↑ 0.12 ₹4,223 1.5 12.8 1.2 25.6 25.8 47.7 Franklin India Taxshield Growth ₹1,521.6
↑ 7.41 ₹6,537 ☆☆ 3.1 6.5 3.8 18.9 24 22.4 Bandhan Tax Advantage (ELSS) Fund Growth ₹157.632
↑ 0.88 ₹6,899 ☆☆☆☆☆ 4.5 8 4.7 16.2 23.9 13.1 Nippon India Tax Saver Fund (ELSS) Growth ₹133.02
↑ 1.13 ₹14,934 ☆☆☆ 3.6 8.4 5 18.7 23.8 17.6 JM Tax Gain Fund Growth ₹50.6895
↑ 0.02 ₹210 ☆☆☆ 5.4 11.5 2.4 21.1 23 29 ICICI Prudential Long Term Equity Fund (Tax Saving) Growth ₹972.89
↑ 5.76 ₹14,346 ☆☆ 5.4 8.5 7.5 16.9 21.6 16.4 BOI AXA Tax Advantage Fund Growth ₹163.81
↑ 1.43 ₹1,355 ☆☆☆ 2.9 7.8 -1.7 17.7 21.4 21.6 Mahindra Mutual Fund Kar Bachat Yojana Growth ₹29.3042
↑ 0.08 ₹941 3.2 7.3 5.7 15.5 21 12.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Oct 25 Research Highlights & Commentary of 8 Funds showcased
Commentary Motilal Oswal Long Term Equity Fund Franklin India Taxshield Bandhan Tax Advantage (ELSS) Fund Nippon India Tax Saver Fund (ELSS) JM Tax Gain Fund ICICI Prudential Long Term Equity Fund (Tax Saving) BOI AXA Tax Advantage Fund Mahindra Mutual Fund Kar Bachat Yojana Point 1 Lower mid AUM (₹4,223 Cr). Upper mid AUM (₹6,537 Cr). Upper mid AUM (₹6,899 Cr). Highest AUM (₹14,934 Cr). Bottom quartile AUM (₹210 Cr). Top quartile AUM (₹14,346 Cr). Lower mid AUM (₹1,355 Cr). Bottom quartile AUM (₹941 Cr). Point 2 Established history (10+ yrs). Oldest track record among peers (26 yrs). Established history (16+ yrs). Established history (20+ yrs). Established history (17+ yrs). Established history (26+ yrs). Established history (16+ yrs). Established history (9+ yrs). Point 3 Not Rated. Rating: 2★ (lower mid). Top rated. Rating: 3★ (top quartile). Rating: 3★ (upper mid). Rating: 2★ (lower mid). Rating: 3★ (upper mid). Not Rated. Point 4 Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 25.83% (top quartile). 5Y return: 24.04% (top quartile). 5Y return: 23.90% (upper mid). 5Y return: 23.77% (upper mid). 5Y return: 23.02% (lower mid). 5Y return: 21.60% (lower mid). 5Y return: 21.39% (bottom quartile). 5Y return: 21.01% (bottom quartile). Point 6 3Y return: 25.60% (top quartile). 3Y return: 18.92% (upper mid). 3Y return: 16.15% (bottom quartile). 3Y return: 18.68% (upper mid). 3Y return: 21.13% (top quartile). 3Y return: 16.92% (lower mid). 3Y return: 17.73% (lower mid). 3Y return: 15.49% (bottom quartile). Point 7 1Y return: 1.16% (bottom quartile). 1Y return: 3.82% (lower mid). 1Y return: 4.75% (upper mid). 1Y return: 5.01% (upper mid). 1Y return: 2.41% (lower mid). 1Y return: 7.47% (top quartile). 1Y return: -1.72% (bottom quartile). 1Y return: 5.73% (top quartile). Point 8 Alpha: 7.18 (top quartile). Alpha: -1.19 (lower mid). Alpha: -3.02 (lower mid). Alpha: 0.25 (upper mid). Alpha: -3.68 (bottom quartile). Alpha: 2.07 (top quartile). Alpha: -5.42 (bottom quartile). Alpha: -0.20 (upper mid). Point 9 Sharpe: -0.26 (top quartile). Sharpe: -0.69 (lower mid). Sharpe: -0.87 (bottom quartile). Sharpe: -0.59 (upper mid). Sharpe: -0.85 (bottom quartile). Sharpe: -0.45 (top quartile). Sharpe: -0.85 (lower mid). Sharpe: -0.63 (upper mid). Point 10 Information ratio: 0.80 (top quartile). Information ratio: 1.11 (top quartile). Information ratio: 0.02 (bottom quartile). Information ratio: 0.70 (upper mid). Information ratio: 0.80 (upper mid). Information ratio: 0.22 (lower mid). Information ratio: 0.24 (lower mid). Information ratio: -0.42 (bottom quartile). Motilal Oswal Long Term Equity Fund
Franklin India Taxshield
Bandhan Tax Advantage (ELSS) Fund
Nippon India Tax Saver Fund (ELSS)
JM Tax Gain Fund
ICICI Prudential Long Term Equity Fund (Tax Saving)
BOI AXA Tax Advantage Fund
Mahindra Mutual Fund Kar Bachat Yojana
*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.
(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. Below is the key information for Motilal Oswal Long Term Equity 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 Research Highlights for Franklin India Taxshield Below is the key information for Franklin India Taxshield 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. Research Highlights for Bandhan Tax Advantage (ELSS) Fund Below is the key information for Bandhan Tax Advantage (ELSS) Fund Returns up to 1 year are on The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However, there can be no assurance that the scheme’s
investment objective shall be achieved. Research Highlights for Nippon India Tax Saver Fund (ELSS) Below is the key information for Nippon India Tax Saver Fund (ELSS) 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. Research Highlights for JM Tax Gain Fund Below is the key information for JM Tax Gain Fund Returns up to 1 year are on To generate long-term capital appreciation through investments made primarily in equity and equity related securities of companies. Research Highlights for ICICI Prudential Long Term Equity Fund (Tax Saving) Below is the key information for ICICI Prudential Long Term Equity Fund (Tax Saving) 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.) Research Highlights for BOI AXA Tax Advantage Fund 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 generate long-term capital appreciation through a diversified portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns. Research Highlights for Mahindra Mutual Fund Kar Bachat Yojana Below is the key information for Mahindra Mutual Fund Kar Bachat Yojana Returns up to 1 year are on 1. Motilal Oswal Long Term Equity Fund
Motilal Oswal Long Term Equity Fund
Growth Launch Date 21 Jan 15 NAV (29 Oct 25) ₹53.1873 ↑ 0.12 (0.23 %) Net Assets (Cr) ₹4,223 on 31 Aug 25 Category Equity - ELSS AMC Motilal Oswal Asset Management Co. Ltd Rating Risk Moderately High Expense Ratio 1.65 Sharpe Ratio -0.26 Information Ratio 0.8 Alpha Ratio 7.18 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹16,651 30 Sep 22 ₹16,046 30 Sep 23 ₹20,191 30 Sep 24 ₹33,630 30 Sep 25 ₹31,553 Returns for Motilal Oswal Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 25 Duration Returns 1 Month 3.9% 3 Month 1.5% 6 Month 12.8% 1 Year 1.2% 3 Year 25.6% 5 Year 25.8% 10 Year 15 Year Since launch 16.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 47.7% 2023 37% 2022 1.8% 2021 32.1% 2020 8.8% 2019 13.2% 2018 -8.7% 2017 44% 2016 12.5% 2015 Fund Manager information for Motilal Oswal Long Term Equity Fund
Name Since Tenure Ajay Khandelwal 11 Dec 23 1.81 Yr. Rakesh Shetty 22 Nov 22 2.86 Yr. Atul Mehra 1 Oct 24 1 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 31 Aug 25
Equity Sector Allocation
Sector Value Industrials 32.32% Consumer Cyclical 18.61% Financial Services 15.97% Technology 13.25% Basic Materials 5.74% Real Estate 3.72% Health Care 3.35% Communication Services 1.94% Consumer Defensive 0.78% Asset Allocation
Asset Class Value Cash 1.05% Equity 98.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5433207% ₹292 Cr 8,970,581 Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Jun 23 | KAYNES5% ₹204 Cr 289,593 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 29 Feb 24 | MCX5% ₹202 Cr 259,208 Amber Enterprises India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Mar 24 | AMBER4% ₹194 Cr 240,350 Waaree Energies Ltd (Technology)
Equity, Since 31 Oct 24 | 5442774% ₹194 Cr 583,979
↑ 67,873 Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Jun 25 | 5333984% ₹168 Cr 546,874
↑ 72,839 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Oct 23 | PRESTIGE4% ₹163 Cr 1,077,437
↓ -98,787 Gujarat Fluorochemicals Ltd Ordinary Shares (Basic Materials)
Equity, Since 28 Feb 23 | FLUOROCHEM4% ₹159 Cr 430,073 PTC Industries Ltd (Industrials)
Equity, Since 30 Sep 24 | 5390064% ₹156 Cr 100,321 Bharat Dynamics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Dec 23 | BDL3% ₹153 Cr 1,022,957 2. Franklin India Taxshield
Franklin India Taxshield
Growth Launch Date 10 Apr 99 NAV (29 Oct 25) ₹1,521.6 ↑ 7.41 (0.49 %) Net Assets (Cr) ₹6,537 on 31 Aug 25 Category Equity - ELSS AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderately High Expense Ratio 1.81 Sharpe Ratio -0.69 Information Ratio 1.11 Alpha Ratio -1.19 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹17,151 30 Sep 22 ₹17,405 30 Sep 23 ₹21,285 30 Sep 24 ₹30,870 30 Sep 25 ₹29,009 Returns for Franklin India Taxshield
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 25 Duration Returns 1 Month 5.5% 3 Month 3.1% 6 Month 6.5% 1 Year 3.8% 3 Year 18.9% 5 Year 24% 10 Year 15 Year Since launch 20.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 22.4% 2023 31.2% 2022 5.4% 2021 36.7% 2020 9.8% 2019 5.1% 2018 -3% 2017 29.1% 2016 4.7% 2015 4% Fund Manager information for Franklin India Taxshield
Name Since Tenure R. Janakiraman 2 May 16 9.42 Yr. Rajasa Kakulavarapu 1 Dec 23 1.84 Yr. Data below for Franklin India Taxshield as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 30.44% Industrials 12.56% Consumer Cyclical 11.04% Technology 8.34% Health Care 6.76% Basic Materials 5.79% Consumer Defensive 5.22% Communication Services 5.21% Utility 5.07% Energy 3.08% Real Estate 1.75% 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 Mar 07 | HDFCBANK9% ₹620 Cr 6,520,834 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK9% ₹613 Cr 4,546,914 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 19 | LT5% ₹323 Cr 883,853 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 07 | BHARTIARTL4% ₹285 Cr 1,517,753 Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY4% ₹277 Cr 1,922,741 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 5322154% ₹255 Cr 2,252,948 Eternal Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | 5433204% ₹244 Cr 7,500,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Oct 21 | HCLTECH3% ₹203 Cr 1,462,587 Reliance Industries Ltd (Energy)
Equity, Since 31 May 22 | RELIANCE3% ₹201 Cr 1,472,922 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM3% ₹189 Cr 685,013 3. Bandhan Tax Advantage (ELSS) Fund
Bandhan Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (29 Oct 25) ₹157.632 ↑ 0.88 (0.56 %) Net Assets (Cr) ₹6,899 on 31 Aug 25 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.74 Sharpe Ratio -0.87 Information Ratio 0.02 Alpha Ratio -3.02 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹17,588 30 Sep 22 ₹18,181 30 Sep 23 ₹22,259 30 Sep 24 ₹29,877 30 Sep 25 ₹27,912 Returns for Bandhan Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 25 Duration Returns 1 Month 5.2% 3 Month 4.5% 6 Month 8% 1 Year 4.7% 3 Year 16.2% 5 Year 23.9% 10 Year 15 Year Since launch 17.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 13.1% 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% Fund Manager information for Bandhan Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 8.95 Yr. Ritika Behera 7 Oct 23 1.99 Yr. Gaurav Satra 10 Jun 24 1.31 Yr. Data below for Bandhan Tax Advantage (ELSS) Fund as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 33.36% Consumer Cyclical 10.42% Technology 10.33% Basic Materials 8.91% Consumer Defensive 8.34% Energy 7.46% Health Care 5.55% Industrials 4.69% Communication Services 2.71% Real Estate 2.05% Utility 1.99% Asset Allocation
Asset Class Value Cash 4.17% Equity 95.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK8% ₹542 Cr 5,700,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE6% ₹450 Cr 3,300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK5% ₹337 Cr 2,500,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | KOTAKBANK4% ₹279 Cr 1,400,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 21 | TCS4% ₹274 Cr 950,000
↑ 25,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 5322153% ₹215 Cr 1,900,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN3% ₹208 Cr 2,388,280 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹195 Cr 1,350,000 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | HEROMOTOCO3% ₹178 Cr 325,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL2% ₹169 Cr 900,000 4. Nippon India Tax Saver Fund (ELSS)
Nippon India Tax Saver Fund (ELSS)
Growth Launch Date 21 Sep 05 NAV (29 Oct 25) ₹133.02 ↑ 1.13 (0.86 %) Net Assets (Cr) ₹14,934 on 31 Aug 25 Category Equity - ELSS AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 1.7 Sharpe Ratio -0.59 Information Ratio 0.7 Alpha Ratio 0.25 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹17,264 30 Sep 22 ₹17,395 30 Sep 23 ₹20,931 30 Sep 24 ₹30,135 30 Sep 25 ₹28,579 Returns for Nippon India Tax Saver Fund (ELSS)
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 25 Duration Returns 1 Month 4.5% 3 Month 3.6% 6 Month 8.4% 1 Year 5% 3 Year 18.7% 5 Year 23.8% 10 Year 15 Year Since launch 13.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 17.6% 2023 28.6% 2022 6.9% 2021 37.6% 2020 -0.4% 2019 1.5% 2018 -20.7% 2017 46% 2016 4.2% 2015 -2.9% Fund Manager information for Nippon India Tax Saver Fund (ELSS)
Name Since Tenure Rupesh Patel 1 Jul 21 4.25 Yr. Ritesh Rathod 19 Aug 24 1.12 Yr. Kinjal Desai 25 May 18 7.36 Yr. Data below for Nippon India Tax Saver Fund (ELSS) as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 37.67% Consumer Cyclical 11.26% Consumer Defensive 10.41% Industrials 10.26% Utility 6.97% Health Care 5.66% Technology 4.74% Energy 4.49% Basic Materials 4.15% Communication Services 3.76% Asset Allocation
Asset Class Value Cash 0.62% Equity 99.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK8% ₹1,159 Cr 8,600,000 HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK7% ₹1,065 Cr 11,200,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | 5322154% ₹634 Cr 5,600,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY4% ₹591 Cr 4,100,000
↓ -260,420 State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN3% ₹489 Cr 5,600,000 NTPC Ltd (Utilities)
Equity, Since 28 Feb 19 | 5325553% ₹477 Cr 14,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE3% ₹412 Cr 3,018,247 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | MOTHERSON3% ₹405 Cr 38,319,861 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5328102% ₹374 Cr 9,111,111 TVS Holdings Ltd (Consumer Cyclical)
Equity, Since 30 Jun 13 | 5200562% ₹369 Cr 289,148 5. JM Tax Gain Fund
JM Tax Gain Fund
Growth Launch Date 31 Mar 08 NAV (29 Oct 25) ₹50.6895 ↑ 0.02 (0.04 %) Net Assets (Cr) ₹210 on 31 Aug 25 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio -0.86 Information Ratio 0.8 Alpha Ratio -3.68 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹16,728 30 Sep 22 ₹16,173 30 Sep 23 ₹19,887 30 Sep 24 ₹30,515 30 Sep 25 ₹27,906 Returns for JM Tax Gain Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 25 Duration Returns 1 Month 5.6% 3 Month 5.4% 6 Month 11.5% 1 Year 2.4% 3 Year 21.1% 5 Year 23% 10 Year 15 Year Since launch 9.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 29% 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% Fund Manager information for JM Tax Gain Fund
Name Since Tenure Satish Ramanathan 1 Oct 24 1 Yr. Asit Bhandarkar 31 Dec 21 3.75 Yr. Ruchi Fozdar 4 Oct 24 0.99 Yr. Deepak Gupta 11 Apr 25 0.47 Yr. Data below for JM Tax Gain Fund as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 27.8% Consumer Cyclical 16.03% Technology 12.13% Industrials 11.62% Basic Materials 11.11% Health Care 8.3% Consumer Defensive 4.01% Energy 3.42% Communication Services 2.25% Real Estate 1.44% Utility 0.91% Asset Allocation
Asset Class Value Cash 0.99% Equity 99.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK4% ₹9 Cr 98,262 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK4% ₹8 Cr 56,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 25 | RELIANCE3% ₹7 Cr 53,400 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹7 Cr 19,647
↓ -1,000 Syrma SGS Technology Ltd (Technology)
Equity, Since 31 May 25 | SYRMA3% ₹6 Cr 71,957
↓ -12,793 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 24 | CREDITACC3% ₹5 Cr 40,401
↓ -1,200 One97 Communications Ltd (Technology)
Equity, Since 31 May 25 | 5433963% ₹5 Cr 47,500
↓ -8,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 24 | MARUTI2% ₹5 Cr 3,306 OneSource Specialty Pharma Ltd (Healthcare)
Equity, Since 31 Jan 25 | ONESOURCE2% ₹5 Cr 28,195 Shaily Engineering Plastics Ltd (Basic Materials)
Equity, Since 30 Jun 25 | 5014232% ₹5 Cr 23,737
↓ -1,763 6. ICICI Prudential Long Term Equity Fund (Tax Saving)
ICICI Prudential Long Term Equity Fund (Tax Saving)
Growth Launch Date 19 Aug 99 NAV (29 Oct 25) ₹972.89 ↑ 5.76 (0.60 %) Net Assets (Cr) ₹14,346 on 31 Aug 25 Category Equity - ELSS AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.72 Sharpe Ratio -0.45 Information Ratio 0.22 Alpha Ratio 2.07 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹16,864 30 Sep 22 ₹16,609 30 Sep 23 ₹19,278 30 Sep 24 ₹27,206 30 Sep 25 ₹26,346 Returns for ICICI Prudential Long Term Equity Fund (Tax Saving)
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 25 Duration Returns 1 Month 4.3% 3 Month 5.4% 6 Month 8.5% 1 Year 7.5% 3 Year 16.9% 5 Year 21.6% 10 Year 15 Year Since launch 19.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 16.4% 2023 23.2% 2022 2.3% 2021 33.7% 2020 13.6% 2019 8.8% 2018 0.5% 2017 26% 2016 3.9% 2015 4.3% Fund Manager information for ICICI Prudential Long Term Equity Fund (Tax Saving)
Name Since Tenure Mittul Kalawadia 18 Sep 23 2.04 Yr. Sharmila D’mello 31 Jul 22 3.17 Yr. Data below for ICICI Prudential Long Term Equity Fund (Tax Saving) as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 28.78% Consumer Cyclical 17% Health Care 11.64% Industrials 8.44% Energy 6.88% Consumer Defensive 6.24% Communication Services 5.49% Utility 4.37% Technology 4.15% Basic Materials 4.1% Real Estate 1.18% Asset Allocation
Asset Class Value Cash 1.67% Equity 98.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK7% ₹1,048 Cr 7,778,111 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 17 | HDFCBANK7% ₹984 Cr 10,347,868 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 17 | SUNPHARMA6% ₹814 Cr 5,105,969 Reliance Industries Ltd (Energy)
Equity, Since 31 May 20 | RELIANCE5% ₹754 Cr 5,528,578
↑ 343,442 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 29 Feb 20 | 5403765% ₹753 Cr 1,683,535
↓ -24,918 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322155% ₹753 Cr 6,652,223 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 18 | MARUTI5% ₹700 Cr 437,008
↓ -66,120 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL4% ₹601 Cr 3,197,841 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 18 | LT4% ₹600 Cr 1,638,689 NTPC Ltd (Utilities)
Equity, Since 31 Oct 23 | 5325554% ₹586 Cr 17,198,432
↑ 350,236 7. BOI AXA Tax Advantage Fund
BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (29 Oct 25) ₹163.81 ↑ 1.43 (0.88 %) Net Assets (Cr) ₹1,355 on 31 Aug 25 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.09 Sharpe Ratio -0.85 Information Ratio 0.24 Alpha Ratio -5.42 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹16,581 30 Sep 22 ₹16,155 30 Sep 23 ₹19,818 30 Sep 24 ₹28,886 30 Sep 25 ₹25,911 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 25 Duration Returns 1 Month 4.5% 3 Month 2.9% 6 Month 7.8% 1 Year -1.7% 3 Year 17.7% 5 Year 21.4% 10 Year 15 Year Since launch 18.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 21.6% 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% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Alok Singh 27 Apr 22 3.43 Yr. Data below for BOI AXA Tax Advantage Fund as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 23.39% Industrials 21.49% Basic Materials 16.87% Utility 7.54% Consumer Cyclical 6.28% Consumer Defensive 5.96% Technology 4.77% Communication Services 3.21% Health Care 2.7% Real Estate 2.53% Energy 1.35% Asset Allocation
Asset Class Value Cash 3.9% Equity 96.1% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 24 | 5002955% ₹66 Cr 1,412,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN4% ₹58 Cr 664,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 23 | HAL4% ₹50 Cr 105,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 25 | ITC3% ₹45 Cr 1,120,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK3% ₹44 Cr 330,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 24 | BHARTIARTL3% ₹44 Cr 235,000
↑ 34,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK3% ₹42 Cr 437,532 Ambuja Cements Ltd (Basic Materials)
Equity, Since 31 Mar 25 | 5004253% ₹39 Cr 685,662
↑ 51,662 Acutaas Chemicals Ltd (Basic Materials)
Equity, Since 31 May 24 | 5433493% ₹38 Cr 285,350 Coromandel International Ltd (Basic Materials)
Equity, Since 31 Jan 23 | 5063953% ₹35 Cr 157,000 8. Mahindra Mutual Fund Kar Bachat Yojana
Mahindra Mutual Fund Kar Bachat Yojana
Growth Launch Date 18 Oct 16 NAV (29 Oct 25) ₹29.3042 ↑ 0.08 (0.29 %) Net Assets (Cr) ₹941 on 31 Aug 25 Category Equity - ELSS AMC Mahindra Asset Management Company Pvt. Ltd. Rating Risk Moderately High Expense Ratio 2.26 Sharpe Ratio -0.63 Information Ratio -0.42 Alpha Ratio -0.2 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Sep 20 ₹10,000 30 Sep 21 ₹16,984 30 Sep 22 ₹16,817 30 Sep 23 ₹20,181 30 Sep 24 ₹26,599 30 Sep 25 ₹25,460 Returns for Mahindra Mutual Fund Kar Bachat Yojana
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Oct 25 Duration Returns 1 Month 4.3% 3 Month 3.2% 6 Month 7.3% 1 Year 5.7% 3 Year 15.5% 5 Year 21% 10 Year 15 Year Since launch 12.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 12.3% 2023 25.8% 2022 2% 2021 39.4% 2020 14.1% 2019 4.5% 2018 -9.8% 2017 24.8% 2016 2015 Fund Manager information for Mahindra Mutual Fund Kar Bachat Yojana
Name Since Tenure Manish Lodha 21 Dec 20 4.78 Yr. Fatema Pacha 16 Oct 20 4.96 Yr. Data below for Mahindra Mutual Fund Kar Bachat Yojana as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 33.23% Consumer Cyclical 15.84% Technology 9.59% Industrials 8.92% Basic Materials 7.24% Consumer Defensive 5.8% Energy 5.08% Health Care 4.85% Communication Services 3.85% Utility 1.83% Real Estate 0.73% Asset Allocation
Asset Class Value Cash 3.03% Equity 96.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | HDFCBANK8% ₹78 Cr 825,000
↑ 20,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 19 | ICICIBANK7% ₹69 Cr 509,120
↑ 14,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE5% ₹48 Cr 351,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 20 | INFY5% ₹46 Cr 316,041 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 18 | LT4% ₹38 Cr 102,761 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 24 | 5322154% ₹35 Cr 311,387
↑ 51,387 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jan 25 | 5000344% ₹33 Cr 335,000
↑ 45,000 State Bank of India (Financial Services)
Equity, Since 29 Feb 24 | SBIN3% ₹33 Cr 373,000 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | HINDUNILVR3% ₹28 Cr 112,000
↓ -4,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS3% ₹27 Cr 93,476
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