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8 Best ELSS Tax Saving Mutual Funds 2020 | fincash.com

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8 Best ELSS Tax Saving Mutual Funds 2020

Updated on October 17, 2020 , 42867 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 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.

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Best Performing ELSS Tax Saving Mutual Funds FY 20 - 21

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2019 (%)
BOI AXA Tax Advantage Fund Growth ₹62.42
↑ 0.46
₹30915.228.217.55.810.114.6
Canara Robeco Equity Tax Saver Growth ₹74.81
↑ 0.21
₹1,18112.326.112.69.61010.7
DSP BlackRock Tax Saver Fund Growth ₹49.728
↑ 0.49
₹6,1786.322.6-0.92.68.914.8
Invesco India Tax Plan Growth ₹54.49
↑ 0.24
₹1,1348.4255.65.78.89.4
Tata India Tax Savings Fund Growth ₹18.5008
↑ 0.18
₹2,0709.223.90.62.78.713.6
HDFC Long Term Advantage Fund Growth ₹349.841
↑ 4.14
₹1,1157.425.1-2.12.68.310.1
Kotak Tax Saver Fund Growth ₹46.522
↑ 0.29
₹1,2759.123.554.28.212.7
Motilal Oswal Long Term Equity Fund Growth ₹16.8254
↑ 0.13
₹1,553Not Rated4.214.9-6.1-0.68.213.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Oct 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.

1. BOI AXA Tax Advantage Fund

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 CAGR/Annualized return of 17% since its launch.  Ranked 13 in ELSS category.  Return for 2019 was 14.6% , 2018 was -16.3% and 2017 was 57.7% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (19 Oct 20) ₹62.42 ↑ 0.46   (0.74 %)
Net Assets (Cr) ₹309 on 30 Sep 20
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.67
Sharpe Ratio 0.5
Information Ratio 0.29
Alpha Ratio 12.77
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹10,827
30 Sep 17₹13,180
30 Sep 18₹12,667
30 Sep 19₹13,783
30 Sep 20₹16,019

BOI AXA 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 ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for BOI AXA 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 19 Oct 20

DurationReturns
1 Month 0.6%
3 Month 15.2%
6 Month 28.2%
1 Year 17.5%
3 Year 5.8%
5 Year 10.1%
10 Year
15 Year
Since launch 17%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Aakash Manghani15 Jul 191.21 Yr.

Data below for BOI AXA Tax Advantage Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services23.78%
Basic Materials17.72%
Health Care17.52%
Technology12.09%
Consumer Cyclical7.84%
Energy6.12%
Industrials4.47%
Consumer Defensive3.33%
Communication Services2.28%
Utility0.54%
Asset Allocation
Asset ClassValue
Cash2.2%
Equity97.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
6%₹19 Cr84,728
↓ -2,782
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹18 Cr163,956
↓ -2,837
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
5%₹14 Cr71,295
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
3%₹10 Cr33,163
↓ -2,102
Laurus Labs Ltd (Healthcare)
Equity, Since 30 Jun 20 | 540222
3%₹10 Cr336,025
↓ -76,660
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 19 | 532504
3%₹9 Cr42,952
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
3%₹9 Cr72,782
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
3%₹9 Cr257,696
↓ -8,252
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
3%₹9 Cr87,279
↑ 6,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 500034
2%₹7 Cr22,466
↑ 810

2. Canara Robeco Equity Tax Saver

(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 CAGR/Annualized return of 18.8% since its launch.  Ranked 36 in ELSS category.  Return for 2019 was 10.7% , 2018 was 2.7% and 2017 was 32% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (19 Oct 20) ₹74.81 ↑ 0.21   (0.28 %)
Net Assets (Cr) ₹1,181 on 30 Sep 20
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.32
Sharpe Ratio 0.33
Information Ratio 0.64
Alpha Ratio 9.66
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹10,903
30 Sep 17₹12,345
30 Sep 18₹13,510
30 Sep 19₹14,593
30 Sep 20₹16,136

Canara Robeco Equity Tax Saver 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 Canara Robeco Equity Tax Saver

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 1.9%
3 Month 12.3%
6 Month 26.1%
1 Year 12.6%
3 Year 9.6%
5 Year 10%
10 Year
15 Year
Since launch 18.8%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Shridatta Bhandwaldar1 Oct 191 Yr.
Cheenu Gupta12 Mar 182.56 Yr.

Data below for Canara Robeco Equity Tax Saver as on 30 Sep 20

Equity Sector Allocation
SectorValue
Technology24.05%
Financial Services21.96%
Basic Materials11.71%
Consumer Cyclical9.61%
Energy8.95%
Health Care8.38%
Industrials6.64%
Consumer Defensive4.14%
Communication Services0.89%
Asset Allocation
Asset ClassValue
Cash2.65%
Equity97.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
9%₹108 Cr1,074,500
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE
9%₹106 Cr473,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
6%₹67 Cr1,876,000
↑ 250,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
5%₹59 Cr543,184
↓ -105,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS
4%₹45 Cr180,000
↓ -48,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
4%₹42 Cr126,650
↑ 7,500
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 500696
3%₹35 Cr168,330
↓ -54,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB
3%₹34 Cr112,500
↓ -30,000
Voltas Ltd (Industrials)
Equity, Since 31 Jul 20 | VOLTAS
2%₹27 Cr395,000
↑ 80,000
HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Apr 20 | 540777
2%₹26 Cr473,000

3. 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 12.4% since its launch.  Ranked 12 in ELSS category.  Return for 2019 was 14.8% , 2018 was -7.6% and 2017 was 36.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (19 Oct 20) ₹49.728 ↑ 0.49   (1.00 %)
Net Assets (Cr) ₹6,178 on 30 Sep 20
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.91
Sharpe Ratio -0.06
Information Ratio -0.38
Alpha Ratio -3.77
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹12,045
30 Sep 17₹14,030
30 Sep 18₹13,920
30 Sep 19₹15,603
30 Sep 20₹15,161

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 ₹376,357.
Net Profit of ₹76,357
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 19 Oct 20

DurationReturns
1 Month 0.3%
3 Month 6.3%
6 Month 22.6%
1 Year -0.9%
3 Year 2.6%
5 Year 8.9%
10 Year
15 Year
Since launch 12.4%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rohit Singhania16 Jul 155.22 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services32.92%
Health Care10.29%
Basic Materials10.11%
Technology8.32%
Consumer Cyclical7.23%
Communication Services6.85%
Industrials6.45%
Consumer Defensive5.97%
Energy5.86%
Utility3.6%
Asset Allocation
Asset ClassValue
Cash2.17%
Equity97.83%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹568 Cr16,019,233
↑ 197,451
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
9%₹568 Cr5,262,093
↑ 60,048
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
7%₹423 Cr10,058,042
↓ -338,417
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
7%₹416 Cr4,125,016
↑ 68,159
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹253 Cr13,654,254
↑ 493,392
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
3%₹207 Cr927,181
↓ -68,997
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | 500124
3%₹189 Cr365,231
↑ 61,570
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 20 | HDFC
2%₹154 Cr887,596
↓ -35,766
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
2%₹132 Cr326,437
Manappuram Finance Ltd (Financial Services)
Equity, Since 30 Apr 20 | 531213
2%₹132 Cr8,382,554

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 13.1% since its launch.  Ranked 17 in ELSS category.  Return for 2019 was 9.4% , 2018 was -1.3% and 2017 was 35.7% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (19 Oct 20) ₹54.49 ↑ 0.24   (0.44 %)
Net Assets (Cr) ₹1,134 on 30 Sep 20
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.14
Information Ratio 0.21
Alpha Ratio 2.98
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹10,988
30 Sep 17₹12,632
30 Sep 18₹13,908
30 Sep 19₹14,411
30 Sep 20₹15,006

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 ₹376,357.
Net Profit of ₹76,357
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 19 Oct 20

DurationReturns
1 Month 0.5%
3 Month 8.4%
6 Month 25%
1 Year 5.6%
3 Year 5.7%
5 Year 8.8%
10 Year
15 Year
Since launch 13.1%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Amit Nigam3 Sep 200.07 Yr.
Dhimant Kothari29 Mar 182.51 Yr.

Data below for Invesco India Tax Plan as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services26.88%
Energy11.49%
Technology11.06%
Consumer Cyclical10.2%
Industrials7.76%
Basic Materials7.48%
Consumer Defensive7.2%
Utility4.6%
Health Care4.39%
Communication Services3.94%
Real Estate0.56%
Asset Allocation
Asset ClassValue
Cash4.43%
Equity95.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
11%₹130 Cr582,815
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹102 Cr948,078
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
8%₹96 Cr950,093
↓ -59,282
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹67 Cr1,885,026
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
4%₹47 Cr226,766
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹47 Cr367,073
↓ -83,761
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
4%₹45 Cr1,061,837
↑ 284,509
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Apr 20 | 543066
3%₹29 Cr338,899
Vinati Organics Ltd (Basic Materials)
Equity, Since 29 Feb 20 | 524200
2%₹25 Cr184,799
↑ 28,099
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
2%₹24 Cr81,676

5. Tata India Tax Savings Fund

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 CAGR/Annualized return of 10.8% since its launch.  Ranked 1 in ELSS category.  Return for 2019 was 13.6% , 2018 was -8.4% and 2017 was 46% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (19 Oct 20) ₹18.5008 ↑ 0.18   (1.00 %)
Net Assets (Cr) ₹2,070 on 30 Sep 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio -0.08
Information Ratio -0.82
Alpha Ratio -2.56
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,735
30 Sep 17₹13,969
30 Sep 18₹13,707
30 Sep 19₹15,363
30 Sep 20₹14,906

Tata India Tax Savings 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 Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 1.7%
3 Month 9.2%
6 Month 23.9%
1 Year 0.6%
3 Year 2.7%
5 Year 8.7%
10 Year
15 Year
Since launch 10.8%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rupesh Patel1 Apr 155.51 Yr.
Ennette Fernandes18 Jun 182.29 Yr.

Data below for Tata India Tax Savings Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services28.61%
Energy17.88%
Technology11.9%
Consumer Cyclical9.98%
Health Care8.14%
Industrials6.35%
Basic Materials6.29%
Communication Services4.27%
Consumer Defensive3.27%
Real Estate0.57%
Asset Allocation
Asset ClassValue
Cash2.93%
Equity97.27%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
15%₹304 Cr1,360,000
↓ -20,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
10%₹199 Cr1,970,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹162 Cr1,500,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
7%₹145 Cr4,100,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹99 Cr5,325,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
4%₹88 Cr2,100,000
↓ -200,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹82 Cr470,000
↓ -95,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 Jul 18 | JUBLFOOD
3%₹66 Cr280,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 17 | DIVISLAB
3%₹61 Cr200,000
↓ -15,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | M&M
3%₹61 Cr1,000,000

6. HDFC Long Term Advantage Fund

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 CAGR/Annualized return of 19.7% since its launch.  Ranked 23 in ELSS category.  Return for 2019 was 10.1% , 2018 was -3.9% and 2017 was 36.2% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (19 Oct 20) ₹349.841 ↑ 4.14   (1.20 %)
Net Assets (Cr) ₹1,115 on 30 Sep 20
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio -0.13
Information Ratio -1.14
Alpha Ratio -4.46
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,894
30 Sep 17₹13,890
30 Sep 18₹14,924
30 Sep 19₹15,851
30 Sep 20₹14,942

HDFC Long Term 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

Purchase not allowed

Returns for HDFC Long Term 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 19 Oct 20

DurationReturns
1 Month 0.8%
3 Month 7.4%
6 Month 25.1%
1 Year -2.1%
3 Year 2.6%
5 Year 8.3%
10 Year
15 Year
Since launch 19.7%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.1%
2018 -3.9%
2017 36.2%
2016 13%
2015 -2.4%
2014 44.7%
2013 11%
2012 28.8%
2011 -23.5%
2010 28.4%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0713.51 Yr.

Data below for HDFC Long Term Advantage Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services30.21%
Industrials18.62%
Energy15.44%
Technology13%
Basic Materials5.8%
Consumer Defensive4.49%
Health Care3.59%
Utility2.22%
Communication Services1.98%
Consumer Cyclical1.29%
Asset Allocation
Asset ClassValue
Cash2.8%
Equity97.2%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
12%₹134 Cr600,000
↓ -47,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
10%₹116 Cr1,150,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
10%₹107 Cr988,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹88 Cr2,473,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
6%₹70 Cr400,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
5%₹55 Cr607,500
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹48 Cr2,822,910
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
4%₹48 Cr2,600,000
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 31 Mar 18 | AUROPHARMA
4%₹40 Cr500,000
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 500547
3%₹35 Cr1,000,000

7. Kotak Tax Saver Fund

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 CAGR/Annualized return of 10.9% since its launch.  Ranked 19 in ELSS category.  Return for 2019 was 12.7% , 2018 was -3.8% and 2017 was 33.8% .

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund
Growth
Launch Date 23 Nov 05
NAV (19 Oct 20) ₹46.522 ↑ 0.29   (0.63 %)
Net Assets (Cr) ₹1,275 on 30 Sep 20
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.34
Sharpe Ratio 0.08
Information Ratio 0.09
Alpha Ratio 1.07
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,197
30 Sep 17₹12,954
30 Sep 18₹13,262
30 Sep 19₹14,403
30 Sep 20₹14,730

Kotak 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 ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Kotak 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 19 Oct 20

DurationReturns
1 Month 1.5%
3 Month 9.1%
6 Month 23.5%
1 Year 5%
3 Year 4.2%
5 Year 8.2%
10 Year
15 Year
Since launch 10.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 12.7%
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%
Fund Manager information for Kotak Tax Saver Fund
NameSinceTenure
Harsha Upadhyaya25 Aug 155.11 Yr.

Data below for Kotak Tax Saver Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Basic Materials17.65%
Financial Services16.22%
Industrials15.5%
Technology14.73%
Consumer Defensive10.54%
Energy8.88%
Consumer Cyclical6.29%
Health Care5.73%
Utility3.12%
Asset Allocation
Asset ClassValue
Cash0.96%
Equity99.01%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
9%₹113 Cr506,666
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
7%₹83 Cr825,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
6%₹75 Cr300,000
↑ 25,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
4%₹56 Cr270,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
4%₹50 Cr1,400,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹43 Cr105,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | 500124
3%₹42 Cr80,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
3%₹41 Cr380,000
Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 500825
3%₹38 Cr100,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
2%₹32 Cr750,000
↓ -27,025

8. Motilal Oswal Long Term Equity Fund

(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 CAGR/Annualized return of 9.5% since its launch.  Return for 2019 was 13.2% , 2018 was -8.7% and 2017 was 44% .

Below is the key information for Motilal Oswal Long Term Equity Fund

Motilal Oswal Long Term Equity Fund
Growth
Launch Date 21 Jan 15
NAV (19 Oct 20) ₹16.8254 ↑ 0.13   (0.80 %)
Net Assets (Cr) ₹1,553 on 30 Sep 20
Category Equity - ELSS
AMC Motilal Oswal Asset Management Co. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.83
Sharpe Ratio -0.25
Information Ratio -0.68
Alpha Ratio -9.56
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,844
30 Sep 17₹15,130
30 Sep 18₹14,889
30 Sep 19₹16,005
30 Sep 20₹14,650

Motilal Oswal Long Term Equity 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 Motilal Oswal Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Oct 20

DurationReturns
1 Month 1.3%
3 Month 4.2%
6 Month 14.9%
1 Year -6.1%
3 Year -0.6%
5 Year 8.2%
10 Year
15 Year
Since launch 9.5%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Aditya Khemani6 Sep 191.07 Yr.
Abhiroop Mukherjee21 Jan 155.7 Yr.

Data below for Motilal Oswal Long Term Equity Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services37.83%
Consumer Cyclical12.79%
Consumer Defensive9.71%
Technology8.55%
Health Care8.23%
Industrials5.35%
Communication Services4.72%
Basic Materials4.64%
Real Estate3.39%
Energy1.09%
Utility0.84%
Asset Allocation
Asset ClassValue
Cash2.86%
Equity97.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK
8%₹127 Cr1,180,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
7%₹113 Cr3,195,000
Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Oct 19 | TORNTPHARM
5%₹79 Cr283,081
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | JUBLFOOD
5%₹79 Cr337,669
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
5%₹73 Cr1,740,000
↑ 280,000
United Breweries Ltd (Consumer Defensive)
Equity, Since 30 Sep 19 | 532478
5%₹72 Cr747,725
↓ -80,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Aug 19 | 500696
4%₹60 Cr288,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 532215
4%₹58 Cr1,372,653
Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | 533398
4%₹56 Cr491,817
Max Financial Services Ltd (Financial Services)
Equity, Since 30 Apr 20 | 500271
4%₹55 Cr896,654
↑ 50,364

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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