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8 Best ELSS Tax Saving Mutual Funds 2019 | fincash.com

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8 Best ELSS Tax Saving Mutual Funds 2019

Updated on September 11, 2019 , 20970 views

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.

ELSS

Before we look at some of the other important features of this scheme, let’s check the best ELSS tax saving Mutual Funds for 2019 – 2020.

Why Choose ELSS for Tax Savings?

The other major benefits of ELSS are:

Tax Free Returns

As per the Budget 2018, ELSS would attract Long Term Capital Gains (LTCG). Investors would be taxed at 10% (with no indexation) under long term Capital Gain tax. Gains up to INR 1 lakh are free of tax. Tax at 10% applies to gains above INR 1 lakh.

Minimum Investment Amount

By taking a SIP route, investors can invest an amount as low as INR 500. This allows an individual to save money every month instead of a lump sum.

Equity Returns

Since these mutual funds invest in equity-related instruments, the money you invest grows as the stock market grows. So, the gains are high in ELSS Funds.

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Best Performing ELSS Tax Saving Mutual Funds FY 19 - 20

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Aditya Birla Sun Life Tax Relief '96 Growth ₹29.55
↑ 0.18
₹8,416-5.5-5.1-9.87.610.3-4.5
DSP BlackRock Tax Saver Fund Growth ₹47.281
↑ 0.44
₹5,434-3.70.61.87.89.9-7.6
Kotak Tax Saver Scheme Growth ₹42.34
↑ 0.38
₹896-7.2-1.8-0.77.49.8-3.8
Invesco India Tax Plan Growth ₹48.51
↑ 0.30
₹837-6-3.5-6.57.79.2-1.3
IDBI Equity Advantage Fund Growth ₹25.31
↑ 0.15
₹537-2.7-2.3-8.25.28.5-1.7
IDFC Tax Advantage (ELSS) Fund Growth ₹52.03
↑ 0.47
₹1,902-8.7-6.4-9.77.68.5-9.4
LIC MF Tax Plan Growth ₹65.8174
↑ 0.33
₹220-31.408.28-1.1
L&T Tax Advantage Fund Growth ₹50.693
↑ 0.35
₹3,186-6.9-3.9-9.66.58-8.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Sep 19

*Above is list of ELSS - Equity Mutual Funds having net assets between 100 - 15000 Crore & managing assets since last 3 years. Sorted on returns of last 5 years annualized/CAGR basis.

Who Can Invest in ELSS Fund?

Generally, ELSS Mutual Funds are suitable for all kinds of investors who are willing to take market-linked risks for tax planning and saving money. Anyone can invest in ELSS funds at any point of time in their life. However, it is suggested to invest in tax saving ELSS funds during the early stage of your career so that your money grows over time and you earn better returns.

Hence, save tax and earn good returns both at the same time by investing in Best elss Funds. Investors should be aware that amount invested in ELSS funds is locked for 3 Years.

Investors can invest in ELSS mutual funds as lumpsum (One Time) of SIP (Systematic Investment plan). It is advised for beginners to generally invest using SIP as it better suited for them.

1. Aditya Birla Sun Life Tax Relief '96

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 CAGR/Annualized return of 9.9% since its launch.  Ranked 4 in ELSS category.  Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% .

Below is the key information for Aditya Birla Sun Life Tax Relief '96

Aditya Birla Sun Life Tax Relief '96
Growth
Launch Date 6 Mar 08
NAV (13 Sep 19) ₹29.55 ↑ 0.18   (0.61 %)
Net Assets (Cr) ₹8,416 on 31 Jul 19
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.42
Sharpe Ratio -0.83
Information Ratio -0.38
Alpha Ratio -6.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 14₹10,000
31 Aug 15₹12,342
31 Aug 16₹13,896
31 Aug 17₹16,267
31 Aug 18₹19,472
31 Aug 19₹16,748

Aditya Birla Sun Life Tax Relief '96 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Aditya Birla Sun Life Tax Relief '96

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19

DurationReturns
1 Month 2.7%
3 Month -5.5%
6 Month -5.1%
1 Year -9.8%
3 Year 7.6%
5 Year 10.3%
10 Year
15 Year
Since launch 9.9%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Ajay Garg1 Oct 0612.84 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 31 Jul 19

Equity Sector Allocation
SectorValue
Financial Services22.79%
Consumer Cyclical15.94%
Industrials12.32%
Health Care11.88%
Basic Materials10.55%
Consumer Defensive9.61%
Energy7.64%
Technology4.87%
Asset Allocation
Asset ClassValue
Cash4.4%
Equity95.6%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
8%₹643 Cr5,514,756
↑ 104,765
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
8%₹639 Cr275,985
↑ 3,794
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹624 Cr871,425
↑ 14,334
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
6%₹536 Cr2,527,405
↑ 151,652
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
6%₹489 Cr1,612,561
↑ 45,911
Clearing Corporation Of India Limited
CBLO | -
5%₹392 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹376 Cr2,474,141
↑ 174,986
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
4%₹360 Cr1,173,598
↑ 7,614
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
4%₹358 Cr2,964,525
↑ 61,650
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹356 Cr2,562,781

2. DSP BlackRock Tax Saver Fund

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 CAGR/Annualized return of 13.1% since its launch.  Ranked 12 in ELSS category.  Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (13 Sep 19) ₹47.281 ↑ 0.44   (0.94 %)
Net Assets (Cr) ₹5,434 on 31 Jul 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio -0.21
Information Ratio -0.13
Alpha Ratio 4.25
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 14₹10,000
31 Aug 15₹11,320
31 Aug 16₹13,551
31 Aug 17₹15,902
31 Aug 18₹17,278
31 Aug 19₹16,623

DSP BlackRock Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for DSP BlackRock Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19

DurationReturns
1 Month 2.6%
3 Month -3.7%
6 Month 0.6%
1 Year 1.8%
3 Year 7.8%
5 Year 9.9%
10 Year
15 Year
Since launch 13.1%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rohit Singhania16 Jul 153.55 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 Jul 19

Equity Sector Allocation
SectorValue
Financial Services32.82%
Basic Materials9.12%
Technology9.11%
Consumer Cyclical8.72%
Health Care7.51%
Industrials7.49%
Consumer Defensive6.63%
Energy6.23%
Utility3.7%
Communication Services1.83%
Real Estate0.59%
Asset Allocation
Asset ClassValue
Cash6.24%
Equity93.76%
Debt0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹516 Cr12,145,076
↑ 689,423
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
7%₹361 Cr1,603,762
↓ -322,394
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
6%₹314 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
6%₹300 Cr4,451,500
↓ -630,289
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹185 Cr1,217,529
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
3%₹181 Cr1,189,291
↑ 72,854
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹152 Cr1,096,888
↑ 18,662
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 May 19 | INDUSINDBK
2%₹133 Cr943,052
↓ -1,336,899,160
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
2%₹126 Cr1,586,804
↓ -649,060
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH
2%₹124 Cr1,203,216
↓ -228,794

3. Kotak Tax Saver Scheme

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 CAGR/Annualized return of 11% since its launch.  Ranked 19 in ELSS category.  Return for 2018 was -3.8% , 2017 was 33.8% and 2016 was 7.5% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (13 Sep 19) ₹42.34 ↑ 0.38   (0.91 %)
Net Assets (Cr) ₹896 on 31 Jul 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.73
Sharpe Ratio -0.16
Information Ratio 0.01
Alpha Ratio 4.88
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 14₹10,000
31 Aug 15₹11,981
31 Aug 16₹13,499
31 Aug 17₹15,835
31 Aug 18₹17,297
31 Aug 19₹16,467

Kotak Tax Saver Scheme SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Kotak Tax Saver Scheme

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19

DurationReturns
1 Month 0.7%
3 Month -7.2%
6 Month -1.8%
1 Year -0.7%
3 Year 7.4%
5 Year 9.8%
10 Year
15 Year
Since launch 11%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

Data below for Kotak Tax Saver Scheme as on 31 Jul 19

Equity Sector Allocation
SectorValue
Financial Services28.88%
Industrials18.43%
Basic Materials17.83%
Technology8.17%
Energy7.59%
Consumer Defensive6.17%
Consumer Cyclical5.2%
Utility3.18%
Health Care2.22%
Asset Allocation
Asset ClassValue
Cash2.28%
Equity97.67%
Debt0%
Other0.05%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹59 Cr1,400,000
↑ 25,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
6%₹54 Cr464,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹54 Cr240,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹52 Cr775,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹37 Cr170,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹36 Cr450,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹35 Cr250,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹33 Cr45,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹28 Cr105,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹27 Cr395,000

4. Invesco India Tax Plan

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 CAGR/Annualized return of 13.2% since its launch.  Ranked 17 in ELSS category.  Return for 2018 was -1.3% , 2017 was 35.7% and 2016 was 3.4% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (13 Sep 19) ₹48.51 ↑ 0.30   (0.62 %)
Net Assets (Cr) ₹837 on 31 Jul 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.71
Sharpe Ratio -0.59
Information Ratio -0.49
Alpha Ratio -3.27
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 14₹10,000
31 Aug 15₹11,693
31 Aug 16₹13,128
31 Aug 17₹14,938
31 Aug 18₹17,993
31 Aug 19₹16,300

Invesco India Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19

DurationReturns
1 Month 1%
3 Month -6%
6 Month -3.5%
1 Year -6.5%
3 Year 7.7%
5 Year 9.2%
10 Year
15 Year
Since launch 13.2%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Amit Ganatra29 Mar 180.85 Yr.
Dhimant Kothari29 Mar 180.85 Yr.

Data below for Invesco India Tax Plan as on 31 Jul 19

Equity Sector Allocation
SectorValue
Financial Services34.48%
Consumer Defensive11.36%
Industrials10.27%
Technology9.94%
Energy8.24%
Consumer Cyclical7.34%
Health Care6.21%
Basic Materials4.9%
Utility2.41%
Communication Services1.5%
Asset Allocation
Asset ClassValue
Cash4.68%
Equity95.32%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹75 Cr335,081
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
7%₹62 Cr499,470
↑ 16,874
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹60 Cr277,738
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹57 Cr1,400,559
↑ 28,118
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS
6%₹48 Cr210,566
Triparty Repo
CBLO/Reverse Repo | -
4%₹38 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
4%₹36 Cr268,668
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC
4%₹35 Cr1,405,956
↑ 142,817
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
3%₹28 Cr198,857
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
3%₹23 Cr122,029

5. IDBI Equity Advantage Fund

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 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% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (13 Sep 19) ₹25.31 ↑ 0.15   (0.60 %)
Net Assets (Cr) ₹537 on 31 Jul 19
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.86
Sharpe Ratio -0.71
Information Ratio -0.65
Alpha Ratio -5.45
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 14₹10,000
31 Aug 15₹13,131
31 Aug 16₹14,078
31 Aug 17₹15,743
31 Aug 18₹18,195
31 Aug 19₹16,114

IDBI Equity Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for IDBI Equity Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19

DurationReturns
1 Month 1.6%
3 Month -2.7%
6 Month -2.3%
1 Year -8.2%
3 Year 5.2%
5 Year 8.5%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Uma Venkatraman1 Jul 180.59 Yr.
Ayushi Sethia9 Oct 180.31 Yr.

Data below for IDBI Equity Advantage Fund as on 31 Jul 19

Equity Sector Allocation
SectorValue
Consumer Cyclical29.26%
Consumer Defensive20.18%
Financial Services19.36%
Basic Materials12.8%
Industrials11.54%
Health Care4%
Asset Allocation
Asset ClassValue
Cash2.85%
Equity97.14%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
6%₹33 Cr262,235
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
5%₹29 Cr191,141
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
5%₹29 Cr86,262
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
5%₹29 Cr189,407
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
5%₹28 Cr15,670
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
5%₹28 Cr1,067,825
Nestle India Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | NESTLEIND
5%₹27 Cr23,295
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
5%₹26 Cr4,827
Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500043
5%₹25 Cr190,489
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
5%₹25 Cr671,959

6. IDFC Tax Advantage (ELSS) Fund

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 CAGR/Annualized return of 16.6% since its launch.  Ranked 3 in ELSS category.  Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (13 Sep 19) ₹52.03 ↑ 0.47   (0.91 %)
Net Assets (Cr) ₹1,902 on 31 Jul 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.74
Sharpe Ratio -0.64
Information Ratio -0.23
Alpha Ratio -4.63
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 14₹10,000
31 Aug 15₹11,997
31 Aug 16₹12,920
31 Aug 17₹16,238
31 Aug 18₹18,153
31 Aug 19₹15,527

IDFC Tax Advantage (ELSS) Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for IDFC Tax Advantage (ELSS) Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19

DurationReturns
1 Month 2.6%
3 Month -8.7%
6 Month -6.4%
1 Year -9.7%
3 Year 7.6%
5 Year 8.5%
10 Year
15 Year
Since launch 16.6%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Daylynn Pinto20 Oct 162.61 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Jul 19

Equity Sector Allocation
SectorValue
Financial Services29.19%
Industrials14.52%
Basic Materials13.41%
Consumer Cyclical12.84%
Technology7.84%
Energy5.95%
Health Care4.94%
Consumer Defensive4.63%
Utility1.64%
Communication Services0.35%
Asset Allocation
Asset ClassValue
Cash5.71%
Equity94.28%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹135 Cr3,300,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹92 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹76 Cr340,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹71 Cr1,075,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹69 Cr550,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹68 Cr2,500,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
3%₹65 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹52 Cr1,330,000
↑ 10,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT
2%₹43 Cr320,000
Nestle India Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | NESTLEIND
2%₹41 Cr32,000

7. LIC MF Tax Plan

The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Tax Plan is a Equity - ELSS fund was launched on 3 Feb 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10% since its launch.  Ranked 35 in ELSS category.  Return for 2018 was -1.1% , 2017 was 37.3% and 2016 was 3.3% .

Below is the key information for LIC MF Tax Plan

LIC MF Tax Plan
Growth
Launch Date 3 Feb 99
NAV (13 Sep 19) ₹65.8174 ↑ 0.33   (0.50 %)
Net Assets (Cr) ₹220 on 31 Jul 19
Category Equity - ELSS
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.9
Sharpe Ratio -0.26
Information Ratio -0.01
Alpha Ratio 3.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 14₹10,000
31 Aug 15₹11,356
31 Aug 16₹12,172
31 Aug 17₹13,890
31 Aug 18₹16,062
31 Aug 19₹15,323

LIC MF Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for LIC MF Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19

DurationReturns
1 Month 2.5%
3 Month -3%
6 Month 1.4%
1 Year 0%
3 Year 8.2%
5 Year 8%
10 Year
15 Year
Since launch 10%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%
2014 49.1%
2013 8.2%
2012 26.3%
2011 -26.2%
2010 15.7%
2009 62.2%
Fund Manager information for LIC MF Tax Plan
NameSinceTenure
Sachin Relekar5 Mar 153.91 Yr.

Data below for LIC MF Tax Plan as on 31 Jul 19

Equity Sector Allocation
SectorValue
Financial Services40.55%
Technology12.78%
Consumer Cyclical10.6%
Basic Materials9.49%
Consumer Defensive8.97%
Energy3.23%
Real Estate2.21%
Industrials1.59%
Health Care0.89%
Utility0.61%
Asset Allocation
Asset ClassValue
Cash9.06%
Equity90.94%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
9%₹20 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
8%₹18 Cr78,095
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
6%₹14 Cr318,000
↑ 12,700
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
6%₹13 Cr157,556
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
5%₹12 Cr53,500
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
5%₹11 Cr35,200
↓ -1,800
City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB
4%₹10 Cr503,285
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
4%₹9 Cr12,500
↓ -800
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK
4%₹8 Cr51,430
↑ 3,800
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
3%₹8 Cr51,192

8. L&T Tax Advantage Fund

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.7% since its launch.  Ranked 7 in ELSS category.  Return for 2018 was -8.1% , 2017 was 42.3% and 2016 was 8.1% .

Below is the key information for L&T Tax Advantage Fund

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (13 Sep 19) ₹50.693 ↑ 0.35   (0.70 %)
Net Assets (Cr) ₹3,186 on 31 Jul 19
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.87
Information Ratio -0.45
Alpha Ratio -7.34
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 14₹10,000
31 Aug 15₹11,355
31 Aug 16₹12,773
31 Aug 17₹15,938
31 Aug 18₹17,524
31 Aug 19₹15,306

L&T Tax Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for L&T Tax Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Sep 19

DurationReturns
1 Month 0.6%
3 Month -6.9%
6 Month -3.9%
1 Year -9.6%
3 Year 6.5%
5 Year 8%
10 Year
15 Year
Since launch 12.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%
2013 6.8%
2012 27.4%
2011 -21.8%
2010 29.2%
2009 86.7%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
S.N. Lahiri24 Nov 126.19 Yr.

Data below for L&T Tax Advantage Fund as on 31 Jul 19

Equity Sector Allocation
SectorValue
Financial Services33.57%
Technology13.63%
Consumer Cyclical10.96%
Basic Materials10.65%
Industrials8.38%
Health Care8.06%
Consumer Defensive4.66%
Energy4.39%
Communication Services2.86%
Utility0.77%
Asset Allocation
Asset ClassValue
Cash2.74%
Equity97.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
7%₹220 Cr5,184,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
6%₹202 Cr897,300
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
5%₹173 Cr785,400
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹117 Cr1,004,100
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹105 Cr1,327,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹104 Cr753,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
3%₹100 Cr660,200
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹98 Cr2,386,000
State Bank of India (Financial Services)
Equity, Since 31 Jan 19 | SBIN
3%₹98 Cr2,948,600
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
3%₹93 Cr899,700

ELSS SIP Calculator

Know Your SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹720,000
expected amount after 5 Years is ₹1,074,189.
Net Profit of ₹354,189
Invest Now

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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