+91-22-62820123
Table of Contents
8 Best ELSS Tax Saving Mutual Funds 2020
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 2020 – 2021.
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.
Talk to our investment specialist
Best Performing ELSS Tax Saving Mutual Funds FY 20 - 21
Fund NAV Net Assets (Cr) Rating 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2019 (%) Motilal Oswal Long Term Equity Fund Growth ₹13.6386
↑ 0.11 ₹1,686 -27.7 -23.7 -19.3 -2.3 5.2 13.2 Tata India Tax Savings Fund Growth ₹13.9333
↑ 0.03 ₹2,060 ☆☆☆☆☆ -28 -24.4 -22.4 -1.2 3.6 13.6 BOI AXA Tax Advantage Fund Growth ₹44.94
↓ -0.20 ₹280 ☆☆☆ -19.4 -14.5 -9.2 2.6 3.4 14.6 DSP BlackRock Tax Saver Fund Growth ₹36.792
↑ 0.04 ₹6,096 ☆☆☆☆ -28.9 -25.9 -22.8 -2.8 3.2 14.8 Canara Robeco Equity Tax Saver Growth ₹54.04
↓ -0.11 ₹1,036 ☆ -21.4 -17.6 -16.6 2.4 3.1 10.7 Aditya Birla Sun Life Tax Relief '96 Growth ₹24.71
↓ -0.02 ₹10,073 ☆☆☆☆ -23.4 -18.8 -20.9 -0.6 3.1 4.3 Invesco India Tax Plan Growth ₹41.04
↓ -0.21 ₹1,028 ☆☆☆ -23.7 -19.6 -18.9 0.6 3 9.4 Principal Tax Savings Fund Growth ₹152.42
↑ 0.04 ₹389 ☆☆☆☆ -26.8 -23.7 -26.2 -4.1 2.2 2.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Mar 20
*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. 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 To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation.. Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a Below is the key information for Tata India Tax Savings 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 (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 An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity,
20% debt and money market securities Aditya Birla Sun Life Tax Relief '96 is a Equity - ELSS fund was launched on 6 Mar 08. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Tax Relief '96 Returns up to 1 year are on The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities. Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Tax Plan Returns up to 1 year are on To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation. Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a Below is the key information for Principal Tax Savings Fund Returns up to 1 year are on 1. Motilal Oswal Long Term Equity Fund
CAGR/Annualized return of 6.2% since its launch. Return for 2019 was 13.2% , 2018 was -8.7% and 2017 was 44% . Motilal Oswal Long Term Equity Fund
Growth Launch Date 21 Jan 15 NAV (27 Mar 20) ₹13.6386 ↑ 0.11 (0.78 %) Net Assets (Cr) ₹1,686 on 29 Feb 20 Category Equity - ELSS AMC Motilal Oswal Asset Management Co. Ltd Rating Risk Moderately High Expense Ratio 2.2 Sharpe Ratio 0.94 Information Ratio 0.31 Alpha Ratio 11.08 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 15 ₹10,000 29 Feb 16 ₹9,311 28 Feb 17 ₹13,375 28 Feb 18 ₹17,009 28 Feb 19 ₹15,144 29 Feb 20 ₹17,607 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 20 Duration Returns 1 Month -28.3% 3 Month -27.7% 6 Month -23.7% 1 Year -19.3% 3 Year -2.3% 5 Year 5.2% 10 Year 15 Year Since launch 6.2% Historical performance (Yearly) on absolute basis
Year Returns 2019 13.2% 2018 -8.7% 2017 44% 2016 12.5% 2015 2014 2013 2012 2011 2010 Fund Manager information for Motilal Oswal Long Term Equity Fund
Name Since Tenure Aditya Khemani 6 Sep 19 0.32 Yr. Abhiroop Mukherjee 21 Jan 15 4.95 Yr. Data below for Motilal Oswal Long Term Equity Fund as on 29 Feb 20
Equity Sector Allocation
Sector Value Financial Services 46.65% Consumer Cyclical 17.67% Health Care 9.42% Consumer Defensive 8.41% Industrials 7.15% Basic Materials 5.37% Technology 2.86% Real Estate 2.05% Asset Allocation
Asset Class Value Cash 0.67% Equity 99.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK10% ₹168 Cr 3,195,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK8% ₹145 Cr 1,180,000 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 5322157% ₹125 Cr 1,707,653 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT5% ₹87 Cr 634,225
↑ 125,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 15 | MARUTI4% ₹76 Cr 110,000 AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Apr 19 | 5406114% ₹75 Cr 700,000 Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | JUBLFOOD4% ₹74 Cr 389,669
↑ 40,000 United Breweries Ltd (Consumer Defensive)
Equity, Since 30 Sep 19 | 5324784% ₹72 Cr 567,725 Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Oct 19 | TORNTPHARM4% ₹69 Cr 358,081
↑ 102,500 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Aug 19 | 5006964% ₹62 Cr 305,000 2. Tata India Tax Savings Fund
CAGR/Annualized return of 6.3% since its launch. Ranked 1 in ELSS category. Return for 2019 was 13.6% , 2018 was -8.4% and 2017 was 46% . Tata India Tax Savings Fund
Growth Launch Date 13 Oct 14 NAV (27 Mar 20) ₹13.9333 ↑ 0.03 (0.19 %) Net Assets (Cr) ₹2,060 on 29 Feb 20 Category Equity - ELSS AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.08 Sharpe Ratio 0.46 Information Ratio -0.3 Alpha Ratio 0.94 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 15 ₹10,000 29 Feb 16 ₹8,762 28 Feb 17 ₹11,804 28 Feb 18 ₹14,663 28 Feb 19 ₹13,985 29 Feb 20 ₹15,266 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 1 Month -26.4% 3 Month -28% 6 Month -24.4% 1 Year -22.4% 3 Year -1.2% 5 Year 3.6% 10 Year 15 Year Since launch 6.3% Historical performance (Yearly) on absolute basis
Year Returns 2019 13.6% 2018 -8.4% 2017 46% 2016 2.1% 2015 13.3% 2014 2013 2012 2011 2010 Fund Manager information for Tata India Tax Savings Fund
Name Since Tenure Rupesh Patel 1 Apr 15 4.59 Yr. Ennette Fernandes 18 Jun 18 1.37 Yr. Data below for Tata India Tax Savings Fund as on 29 Feb 20
Equity Sector Allocation
Sector Value Financial Services 40.83% Consumer Cyclical 10.91% Energy 9.34% Technology 8.88% Industrials 8.03% Basic Materials 4.57% Health Care 4.13% Communication Services 2.92% Consumer Defensive 2.34% Real Estate 0.84% Asset Allocation
Asset Class Value Cash 7.19% Equity 92.81% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK9% ₹189 Cr 3,800,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN8% ₹161 Cr 5,325,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK7% ₹151 Cr 1,282,000 (A) Treps
CBLO/Reverse Repo | -6% ₹125 Cr Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC6% ₹123 Cr 565,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY6% ₹123 Cr 1,680,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE6% ₹116 Cr 870,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322155% ₹105 Cr 1,500,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL3% ₹60 Cr 1,150,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹60 Cr 300,000 3. BOI AXA Tax Advantage Fund
CAGR/Annualized return of 14.5% since its launch. Ranked 13 in ELSS category. Return for 2019 was 14.6% , 2018 was -16.3% and 2017 was 57.7% . BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (27 Mar 20) ₹44.94 ↓ -0.20 (-0.44 %) Net Assets (Cr) ₹280 on 29 Feb 20 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 3.02 Sharpe Ratio 1.32 Information Ratio 0.52 Alpha Ratio 16.52 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 15 ₹10,000 29 Feb 16 ₹8,239 28 Feb 17 ₹10,494 28 Feb 18 ₹14,313 28 Feb 19 ₹11,995 29 Feb 20 ₹14,686 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 20 Duration Returns 1 Month -23.8% 3 Month -19.4% 6 Month -14.5% 1 Year -9.2% 3 Year 2.6% 5 Year 3.4% 10 Year 15 Year Since launch 14.5% Historical performance (Yearly) on absolute basis
Year Returns 2019 14.6% 2018 -16.3% 2017 57.7% 2016 -1.2% 2015 2.1% 2014 44% 2013 9.1% 2012 24.8% 2011 -24.1% 2010 5.9% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Aakash Manghani 15 Jul 19 0.46 Yr. Data below for BOI AXA Tax Advantage Fund as on 29 Feb 20
Equity Sector Allocation
Sector Value Financial Services 33.43% Basic Materials 12.54% Consumer Cyclical 9.03% Consumer Defensive 8.8% Health Care 8.79% Industrials 7.03% Technology 4.52% Communication Services 4.18% Energy 4.11% Utility 1.15% Real Estate 1.02% Asset Allocation
Asset Class Value Cash 5.38% Equity 94.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 5000347% ₹19 Cr 43,629
↑ 1,426 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK6% ₹15 Cr 131,575
↓ -4,748 Repo
CBLO/Reverse Repo | -5% ₹14 Cr ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK4% ₹12 Cr 243,281
↓ -18,810 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE4% ₹12 Cr 86,583 Abbott India Ltd (Healthcare)
Equity, Since 31 Aug 18 | 5004883% ₹10 Cr 6,158
↑ 427 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK3% ₹10 Cr 59,607
↓ -3,700 PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND3% ₹9 Cr 60,346
↑ 6,191 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB3% ₹7 Cr 34,011 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | 5403762% ₹7 Cr 28,674 4. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 10.4% since its launch. Ranked 12 in ELSS category. Return for 2019 was 14.8% , 2018 was -7.6% and 2017 was 36.3% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (27 Mar 20) ₹36.792 ↑ 0.04 (0.11 %) Net Assets (Cr) ₹6,096 on 29 Feb 20 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio 0.62 Information Ratio 0.07 Alpha Ratio 6.72 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 15 ₹10,000 29 Feb 16 ₹8,574 28 Feb 17 ₹12,141 28 Feb 18 ₹14,249 28 Feb 19 ₹13,625 29 Feb 20 ₹15,190 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 20 Duration Returns 1 Month -27.5% 3 Month -28.9% 6 Month -25.9% 1 Year -22.8% 3 Year -2.8% 5 Year 3.2% 10 Year 15 Year Since launch 10.4% Historical performance (Yearly) on absolute basis
Year Returns 2019 14.8% 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% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 4.46 Yr. Data below for DSP BlackRock Tax Saver Fund as on 29 Feb 20
Equity Sector Allocation
Sector Value Financial Services 28.25% Basic Materials 10.21% Consumer Cyclical 9.58% Energy 9.23% Industrials 8.17% Technology 7.03% Health Care 6.82% Communication Services 6.57% Utility 4.89% Consumer Defensive 4.6% Real Estate 1.45% Asset Allocation
Asset Class Value Cash 3.2% Equity 96.8% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK7% ₹473 Cr 8,989,466
↑ 717,008 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK7% ₹435 Cr 3,545,249 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL6% ₹353 Cr 7,105,725
↑ 638,291 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322155% ₹317 Cr 4,343,049
↑ 291,760 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY4% ₹286 Cr 3,685,639
↓ -295,570 Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE4% ₹233 Cr 1,652,795 State Bank of India (Financial Services)
Equity, Since 30 Sep 19 | SBIN3% ₹196 Cr 6,161,541
↓ -1,869,239 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO3% ₹175 Cr 397,237
↑ 52,943 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 19 | 5005472% ₹145 Cr 3,162,904
↑ 246,670 Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | CROMPTON2% ₹143 Cr 5,035,792 5. Canara Robeco Equity Tax Saver
CAGR/Annualized return of 16.3% since its launch. Ranked 36 in ELSS category. Return for 2019 was 10.7% , 2018 was 2.7% and 2017 was 32% . Canara Robeco Equity Tax Saver
Growth Launch Date 2 Feb 09 NAV (27 Mar 20) ₹54.04 ↓ -0.11 (-0.20 %) Net Assets (Cr) ₹1,036 on 29 Feb 20 Category Equity - ELSS AMC Canara Robeco Asset Management Co. Ltd. Rating ☆ Risk Moderately High Expense Ratio 2.32 Sharpe Ratio 0.89 Information Ratio 0.66 Alpha Ratio 10.65 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 15 ₹10,000 29 Feb 16 ₹7,993 28 Feb 17 ₹10,225 28 Feb 18 ₹12,324 28 Feb 19 ₹12,607 29 Feb 20 ₹14,526 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 20 Duration Returns 1 Month -24.8% 3 Month -21.4% 6 Month -17.6% 1 Year -16.6% 3 Year 2.4% 5 Year 3.1% 10 Year 15 Year Since launch 16.3% Historical performance (Yearly) on absolute basis
Year Returns 2019 10.7% 2018 2.7% 2017 32% 2016 0% 2015 0.6% 2014 45.2% 2013 5.3% 2012 30% 2011 -16.3% 2010 24.9% Fund Manager information for Canara Robeco Equity Tax Saver
Name Since Tenure Shridatta Bhandwaldar 1 Oct 19 0.16 Yr. Cheenu Gupta 12 Mar 18 1.72 Yr. Data below for Canara Robeco Equity Tax Saver as on 29 Feb 20
Equity Sector Allocation
Sector Value Financial Services 32.61% Health Care 13.11% Consumer Defensive 10.94% Industrials 9.97% Technology 7.76% Basic Materials 6.98% Energy 6.59% Consumer Cyclical 4.68% Communication Services 3.39% Asset Allocation
Asset Class Value Cash 3.91% Equity 96.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK7% ₹69 Cr 1,386,000
↑ 50,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE7% ₹68 Cr 514,000
↑ 37,500 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 5000346% ₹61 Cr 136,650
↑ 7,500 Treps
CBLO/Reverse Repo | -6% ₹58 Cr Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY6% ₹58 Cr 789,500 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK5% ₹48 Cr 408,184
↓ -275,000 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 5006964% ₹47 Cr 213,830 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322154% ₹44 Cr 628,500
↑ 177,500 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB4% ₹44 Cr 206,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 29 Feb 20 | BHARTIARTL3% ₹35 Cr 672,000
↑ 672,000 6. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized return of 7.8% since its launch. Ranked 4 in ELSS category. Return for 2019 was 4.3% , 2018 was -4.5% and 2017 was 43.2% . Aditya Birla Sun Life Tax Relief '96
Growth Launch Date 6 Mar 08 NAV (27 Mar 20) ₹24.71 ↓ -0.02 (-0.08 %) Net Assets (Cr) ₹10,073 on 29 Feb 20 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.17 Sharpe Ratio 0.17 Information Ratio 0.12 Alpha Ratio 0.23 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 15 ₹10,000 29 Feb 16 ₹8,696 28 Feb 17 ₹11,108 28 Feb 18 ₹14,197 28 Feb 19 ₹13,725 29 Feb 20 ₹14,366 Returns for Aditya Birla Sun Life Tax Relief '96
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 1 Month -23% 3 Month -23.4% 6 Month -18.8% 1 Year -20.9% 3 Year -0.6% 5 Year 3.1% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2019 4.3% 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% Fund Manager information for Aditya Birla Sun Life Tax Relief '96
Name Since Tenure Ajay Garg 1 Oct 06 13.26 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 29 Feb 20
Equity Sector Allocation
Sector Value Financial Services 23.84% Health Care 15.57% Industrials 14.4% Basic Materials 12.68% Consumer Cyclical 10.79% Energy 8.26% Consumer Defensive 7.33% Technology 5.43% Asset Allocation
Asset Class Value Cash 1.77% Equity 98.23% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE8% ₹851 Cr 6,028,079 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC8% ₹850 Cr 3,522,583 Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 5171748% ₹819 Cr 292,357 Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER7% ₹707 Cr 1,705,226
↑ 22,628 GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 5006606% ₹590 Cr 3,545,290
↑ 132,763 Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE5% ₹549 Cr 879,261 Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 5062855% ₹512 Cr 1,239,841 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK4% ₹444 Cr 2,626,017 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT4% ₹415 Cr 3,027,803
↑ 100,725 Johnson Controls - Hitachi Air Conditioning India Ltd (Technology)
Equity, Since 28 Feb 15 | 5233983% ₹306 Cr 1,268,198 7. Invesco India Tax Plan
CAGR/Annualized return of 11.3% since its launch. Ranked 17 in ELSS category. Return for 2019 was 9.4% , 2018 was -1.3% and 2017 was 35.7% . Invesco India Tax Plan
Growth Launch Date 29 Dec 06 NAV (27 Mar 20) ₹41.04 ↓ -0.21 (-0.51 %) Net Assets (Cr) ₹1,028 on 29 Feb 20 Category Equity - ELSS AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.39 Sharpe Ratio 0.75 Information Ratio 0.61 Alpha Ratio 7.6 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 15 ₹10,000 29 Feb 16 ₹8,344 28 Feb 17 ₹10,902 28 Feb 18 ₹13,372 28 Feb 19 ₹13,118 29 Feb 20 ₹14,768 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 1 Month -25.6% 3 Month -23.7% 6 Month -19.6% 1 Year -18.9% 3 Year 0.6% 5 Year 3% 10 Year 15 Year Since launch 11.3% Historical performance (Yearly) on absolute basis
Year Returns 2019 9.4% 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% Fund Manager information for Invesco India Tax Plan
Name Since Tenure Amit Ganatra 29 Mar 18 1.76 Yr. Dhimant Kothari 29 Mar 18 1.76 Yr. Data below for Invesco India Tax Plan as on 29 Feb 20
Equity Sector Allocation
Sector Value Financial Services 38.03% Consumer Cyclical 9.98% Technology 9.43% Energy 9.06% Industrials 6.76% Health Care 6.14% Consumer Defensive 6.1% Basic Materials 5.47% Utility 2.74% Communication Services 1.93% Asset Allocation
Asset Class Value Cash 3.31% Equity 96.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹92 Cr 784,840
↑ 73,161 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE8% ₹86 Cr 648,343
↑ 59,987 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK8% ₹79 Cr 1,596,951
↑ 45,035 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC7% ₹69 Cr 314,892
↑ 25,771 Triparty Repo
CBLO/Reverse Repo | -6% ₹58 Cr Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY5% ₹52 Cr 704,542
↑ 26,418 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK4% ₹40 Cr 243,874 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jul 18 | 5000343% ₹34 Cr 76,739
↑ 12,674 Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 5322153% ₹33 Cr 470,681 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 5006963% ₹33 Cr 149,509 8. Principal Tax Savings Fund
CAGR/Annualized return of 14% since its launch. Ranked 8 in ELSS category. Return for 2019 was 2.5% , 2018 was -9.2% and 2017 was 48.8% . Principal Tax Savings Fund
Growth Launch Date 31 Mar 96 NAV (27 Mar 20) ₹152.42 ↑ 0.04 (0.03 %) Net Assets (Cr) ₹389 on 29 Feb 20 Category Equity - ELSS AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.61 Sharpe Ratio -0.02 Information Ratio -0.42 Alpha Ratio -2.16 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 28 Feb 15 ₹10,000 29 Feb 16 ₹8,116 28 Feb 17 ₹11,603 28 Feb 18 ₹14,896 28 Feb 19 ₹13,427 29 Feb 20 ₹13,701 Returns for Principal Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 20 Duration Returns 1 Month -25.3% 3 Month -26.8% 6 Month -23.7% 1 Year -26.2% 3 Year -4.1% 5 Year 2.2% 10 Year 15 Year Since launch 14% Historical performance (Yearly) on absolute basis
Year Returns 2019 2.5% 2018 -9.2% 2017 48.8% 2016 6.2% 2015 2.7% 2014 49.4% 2013 8.5% 2012 46.5% 2011 -30.4% 2010 15% Fund Manager information for Principal Tax Savings Fund
Name Since Tenure Sudhir Kedia 29 Oct 19 0.17 Yr. Data below for Principal Tax Savings Fund as on 29 Feb 20
Equity Sector Allocation
Sector Value Financial Services 34.49% Consumer Defensive 11.95% Industrials 9.05% Technology 8.07% Consumer Cyclical 7.82% Energy 7.32% Basic Materials 6.57% Health Care 5.54% Utility 4.52% Communication Services 1.87% Asset Allocation
Asset Class Value Cash 2.72% Equity 97.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK8% ₹30 Cr 255,638 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹27 Cr 536,104
↑ 9,956 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE6% ₹22 Cr 168,133
↑ 7,827 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT4% ₹17 Cr 144,140
↑ 15,670 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY4% ₹15 Cr 203,883
↓ -27,015 Treps 02-Mar-2020
CBLO/Reverse Repo | -4% ₹14 Cr Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK4% ₹14 Cr 84,915 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN3% ₹13 Cr 445,461 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC3% ₹13 Cr 61,980 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS3% ₹12 Cr 60,516
ELSS SIP Calculator
Know Your SIP Returns
How to Invest in Best ELSS Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2020 Shepard Technologies Private Limited. All Rights Reserved