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8 Best ELSS Tax Saving Mutual Funds 2022
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 2022 – 2023.
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 22 - 23
Fund NAV Net Assets (Cr) Rating 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2021 (%) HDFC Long Term Advantage Fund Growth ₹595.168
↑ 0.28 ₹1,318 ☆☆☆ 1.2 15.4 35.5 20.6 17.4 Mirae Asset Tax Saver Fund Growth ₹27.684
↑ 0.28 ₹11,805 -8.1 -9.6 -1.3 15.8 13.8 35.3 Canara Robeco Equity Tax Saver Growth ₹102
↑ 1.09 ₹3,602 ☆ -8.5 -11.4 -1.4 15.5 13.5 35.1 BOI AXA Tax Advantage Fund Growth ₹85.38
↑ 1.07 ₹570 ☆☆☆ -11.3 -14.7 -3.2 19 13.3 41.5 IDFC Tax Advantage (ELSS) Fund Growth ₹86.99
↑ 0.99 ₹3,570 ☆☆☆☆☆ -9.8 -8.4 2.4 15.7 12 49.2 Baroda Pioneer ELSS 96 Growth ₹68.6676
↑ 0.33 ₹210 -6.1 -3.5 17.6 16.7 11.6 DSP BlackRock Tax Saver Fund Growth ₹72.287
↑ 0.70 ₹9,504 ☆☆☆☆ -8.4 -8 -1.2 14.3 11.4 35.1 ICICI Prudential Long Term Equity Fund (Tax Saving) Growth ₹530.93
↑ 4.70 ₹9,533 ☆☆ -8.6 -8.8 1.7 11.7 10.8 33.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Jan 22
*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.
To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments HDFC Long Term Advantage Fund is a Equity - ELSS fund was launched on 2 Jan 01. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Long Term Advantage Fund Returns up to 1 year are on The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns. Mirae Asset Tax Saver Fund is a Equity - ELSS fund was launched on 28 Dec 15. It is a fund with Moderately High risk and has given a Below is the key information for Mirae Asset 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 The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.) BOI AXA Tax Advantage Fund is a Equity - ELSS fund was launched on 25 Feb 09. It is a fund with Moderately High risk and has given a Below is the key information for BOI AXA Tax Advantage Fund Returns up to 1 year are on The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised. IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund was launched on 26 Dec 08. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Tax Advantage (ELSS) Fund Returns up to 1 year are on The main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961. Baroda Pioneer ELSS 96 is a Equity - ELSS fund was launched on 2 Mar 15. It is a fund with Moderately High risk and has given a Below is the key information for Baroda Pioneer ELSS 96 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 To generate long-term capital appreciation through investments made primarily in equity and equity related securities of companies. ICICI Prudential Long Term Equity Fund (Tax Saving) is a Equity - ELSS fund was launched on 19 Aug 99. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Long Term Equity Fund (Tax Saving) Returns up to 1 year are on 1. HDFC Long Term Advantage Fund
CAGR/Annualized return of 21.4% since its launch. Ranked 23 in ELSS category. . HDFC Long Term Advantage Fund
Growth Launch Date 2 Jan 01 NAV (14 Jan 22) ₹595.168 ↑ 0.28 (0.05 %) Net Assets (Cr) ₹1,318 on 30 Nov 21 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.25 Sharpe Ratio 2.27 Information Ratio -0.15 Alpha Ratio 1.75 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹10,915 31 May 19 ₹12,033 31 May 20 ₹9,230 31 May 21 ₹16,172
Purchase not allowed Returns for HDFC Long Term Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month 4.4% 3 Month 1.2% 6 Month 15.4% 1 Year 35.5% 3 Year 20.6% 5 Year 17.4% 10 Year 15 Year Since launch 21.4% Historical performance (Yearly) on absolute basis
Year Returns 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 Fund Manager information for HDFC Long Term Advantage Fund
Name Since Tenure Data below for HDFC Long Term Advantage Fund as on 30 Nov 21
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. Mirae Asset Tax Saver Fund
CAGR/Annualized return of 17% since its launch. Return for 2021 was 35.3% , 2020 was 21.5% and 2019 was 14.1% . Mirae Asset Tax Saver Fund
Growth Launch Date 28 Dec 15 NAV (24 Jun 22) ₹27.684 ↑ 0.28 (1.01 %) Net Assets (Cr) ₹11,805 on 31 May 22 Category Equity - ELSS AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderately High Expense Ratio 1.4 Sharpe Ratio 0.33 Information Ratio 1.12 Alpha Ratio -0.87 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹11,327 31 May 19 ₹12,490 31 May 20 ₹10,537 31 May 21 ₹18,948 31 May 22 ₹20,241 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -2.3% 3 Month -8.1% 6 Month -9.6% 1 Year -1.3% 3 Year 15.8% 5 Year 13.8% 10 Year 15 Year Since launch 17% Historical performance (Yearly) on absolute basis
Year Returns 2021 35.3% 2020 21.5% 2019 14.1% 2018 -2.3% 2017 47.9% 2016 14.8% 2015 2014 2013 2012 Fund Manager information for Mirae Asset Tax Saver Fund
Name Since Tenure Neelesh Surana 28 Dec 15 6.43 Yr. Data below for Mirae Asset Tax Saver Fund as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 35.37% Technology 12.36% Basic Materials 9.38% Energy 8.15% Consumer Cyclical 7.73% Health Care 7.68% Industrials 7.29% Consumer Defensive 5.73% Utility 3.05% Communication Services 2.48% Asset Allocation
Asset Class Value Cash 0.79% Equity 99.21% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK7% ₹875 Cr 6,319,722
↑ 590,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE7% ₹788 Cr 2,824,180 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK6% ₹772 Cr 10,383,912
↓ -350,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY6% ₹731 Cr 4,661,691 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | AXISBANK4% ₹480 Cr 6,586,266 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN3% ₹416 Cr 8,383,799 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS3% ₹380 Cr 1,072,537
↑ 207,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT3% ₹306 Cr 1,807,630
↑ 130,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Dec 15 | SUNPHARMA2% ₹286 Cr 3,082,209 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC2% ₹274 Cr 1,228,263
↑ 267,000 3. Canara Robeco Equity Tax Saver
CAGR/Annualized return of 18.9% since its launch. Ranked 36 in ELSS category. Return for 2021 was 35.1% , 2020 was 27.4% and 2019 was 10.7% . Canara Robeco Equity Tax Saver
Growth Launch Date 2 Feb 09 NAV (24 Jun 22) ₹102 ↑ 1.09 (1.08 %) Net Assets (Cr) ₹3,602 on 31 May 22 Category Equity - ELSS AMC Canara Robeco Asset Management Co. Ltd. Rating ☆ Risk Moderately High Expense Ratio 2.26 Sharpe Ratio 0.26 Information Ratio 0.29 Alpha Ratio -1.58 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹11,116 31 May 19 ₹12,486 31 May 20 ₹11,015 31 May 21 ₹18,639 31 May 22 ₹19,768 Returns for Canara Robeco Equity Tax Saver
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -1.9% 3 Month -8.5% 6 Month -11.4% 1 Year -1.4% 3 Year 15.5% 5 Year 13.5% 10 Year 15 Year Since launch 18.9% Historical performance (Yearly) on absolute basis
Year Returns 2021 35.1% 2020 27.4% 2019 10.7% 2018 2.7% 2017 32% 2016 0% 2015 0.6% 2014 45.2% 2013 5.3% 2012 30% Fund Manager information for Canara Robeco Equity Tax Saver
Name Since Tenure Vishal Mishra 26 Jun 21 0.93 Yr. Shridatta Bhandwaldar 1 Oct 19 2.67 Yr. Data below for Canara Robeco Equity Tax Saver as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 28.63% Consumer Cyclical 12.61% Technology 12.17% Industrials 9.14% Basic Materials 8.63% Consumer Defensive 7.03% Energy 6.95% Health Care 6.66% Communication Services 2.37% Utility 1.56% Real Estate 1.47% Asset Allocation
Asset Class Value Cash 2.77% Equity 97.23% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE7% ₹252 Cr 903,500
↑ 185,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK7% ₹248 Cr 3,336,000
↑ 50,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY7% ₹246 Cr 1,571,310
↓ -50,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK6% ₹231 Cr 1,667,184 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS3% ₹115 Cr 323,712
↓ -10,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | BAJFINANCE3% ₹114 Cr 170,450 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹105 Cr 2,125,000
↑ 425,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | AXISBANK3% ₹99 Cr 1,353,000
↑ 435,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Apr 21 | ULTRACEMCO2% ₹89 Cr 133,500
↑ 5,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 21 | BHARTIARTL2% ₹86 Cr 1,165,000 4. BOI AXA Tax Advantage Fund
CAGR/Annualized return of 17.5% since its launch. Ranked 13 in ELSS category. Return for 2021 was 41.5% , 2020 was 31.2% and 2019 was 14.6% . BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (24 Jun 22) ₹85.38 ↑ 1.07 (1.27 %) Net Assets (Cr) ₹570 on 31 May 22 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.56 Sharpe Ratio 0.17 Information Ratio 0.69 Alpha Ratio -2.7 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹12,638 31 May 19 ₹11,637 31 May 20 ₹10,929 31 May 21 ₹19,127 31 May 22 ₹20,132 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -2.3% 3 Month -11.3% 6 Month -14.7% 1 Year -3.2% 3 Year 19% 5 Year 13.3% 10 Year 15 Year Since launch 17.5% Historical performance (Yearly) on absolute basis
Year Returns 2021 41.5% 2020 31.2% 2019 14.6% 2018 -16.3% 2017 57.7% 2016 -1.2% 2015 2.1% 2014 44% 2013 9.1% 2012 24.8% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Aakash Manghani 15 Jul 19 2.88 Yr. Alok Singh 27 Apr 22 0.1 Yr. Data below for BOI AXA Tax Advantage Fund as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 30.11% Consumer Cyclical 15.62% Basic Materials 12.89% Technology 10.95% Health Care 7.07% Industrials 6.11% Consumer Defensive 5.55% Energy 4.12% Communication Services 2.91% Utility 1.54% Real Estate 1.03% Asset Allocation
Asset Class Value Cash 2% Equity 97.91% Debt 0.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK6% ₹39 Cr 519,840
↑ 46,659 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹28 Cr 202,169
↓ -8,457 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE4% ₹25 Cr 87,880
↑ 13,500 Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY4% ₹24 Cr 155,489
↓ -4,381 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | BAJFINANCE3% ₹19 Cr 28,188
↓ -4,398 State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN3% ₹16 Cr 330,426
↑ 56,427 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jan 18 | CHOLAFIN3% ₹16 Cr 212,404 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK2% ₹13 Cr 75,364
↓ -4,000 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 28 Feb 22 | VBL2% ₹11 Cr 104,928
↑ 26,533 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | AXISBANK2% ₹11 Cr 154,028
↑ 9,000 5. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized return of 17.4% since its launch. Ranked 3 in ELSS category. Return for 2021 was 49.2% , 2020 was 18.7% and 2019 was 1.9% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (24 Jun 22) ₹86.99 ↑ 0.99 (1.15 %) Net Assets (Cr) ₹3,570 on 31 May 22 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.06 Sharpe Ratio 0.57 Information Ratio 0.34 Alpha Ratio 2.67 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹11,761 31 May 19 ₹11,653 31 May 20 ₹8,577 31 May 21 ₹16,873 31 May 22 ₹18,728 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -2.8% 3 Month -9.8% 6 Month -8.4% 1 Year 2.4% 3 Year 15.7% 5 Year 12% 10 Year 15 Year Since launch 17.4% Historical performance (Yearly) on absolute basis
Year Returns 2021 49.2% 2020 18.7% 2019 1.9% 2018 -9.4% 2017 53.4% 2016 0.4% 2015 6.9% 2014 42.2% 2013 15% 2012 36.2% Fund Manager information for IDFC Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 5.62 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 24.34% Consumer Cyclical 17.7% Industrials 13.17% Basic Materials 12.13% Technology 11.37% Health Care 6.92% Energy 4.1% Consumer Defensive 3.5% Communication Services 2.77% Asset Allocation
Asset Class Value Cash 4.01% Equity 95.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK8% ₹282 Cr 3,800,000
↑ 100,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY6% ₹219 Cr 1,400,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN5% ₹174 Cr 3,500,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE4% ₹153 Cr 550,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹145 Cr 1,050,000
↑ 100,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS3% ₹123 Cr 2,800,000 Greenpanel Industries Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Jul 19 | GREENPANEL3% ₹120 Cr 1,976,440
↓ -123,560 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL3% ₹103 Cr 1,400,000 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | DEEPAKNTR3% ₹100 Cr 430,000
↓ -10,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JINDALSTEL3% ₹96 Cr 1,784,695
↓ -15,305 6. Baroda Pioneer ELSS 96
CAGR/Annualized return of 8.4% since its launch. . Baroda Pioneer ELSS 96
Growth Launch Date 2 Mar 15 NAV (11 Mar 22) ₹68.6676 ↑ 0.33 (0.48 %) Net Assets (Cr) ₹210 on 31 Jan 22 Category Equity - ELSS AMC Baroda Pioneer Asset Management Co. Ltd. Rating Risk Moderately High Expense Ratio 2.55 Sharpe Ratio 2.51 Information Ratio -0.09 Alpha Ratio 5.69 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹10,783 31 May 19 ₹10,389 31 May 20 ₹8,386 31 May 21 ₹13,921 Returns for Baroda Pioneer ELSS 96
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -3.9% 3 Month -6.1% 6 Month -3.5% 1 Year 17.6% 3 Year 16.7% 5 Year 11.6% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 Fund Manager information for Baroda Pioneer ELSS 96
Name Since Tenure Data below for Baroda Pioneer ELSS 96 as on 31 Jan 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 7. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 13.7% since its launch. Ranked 12 in ELSS category. Return for 2021 was 35.1% , 2020 was 15% and 2019 was 14.8% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (24 Jun 22) ₹72.287 ↑ 0.70 (0.97 %) Net Assets (Cr) ₹9,504 on 31 May 22 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.87 Sharpe Ratio 0.33 Information Ratio 0.36 Alpha Ratio -0.41 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹10,714 31 May 19 ₹11,579 31 May 20 ₹9,734 31 May 21 ₹16,765 31 May 22 ₹17,934 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -2.6% 3 Month -8.4% 6 Month -8% 1 Year -1.2% 3 Year 14.3% 5 Year 11.4% 10 Year 15 Year Since launch 13.7% Historical performance (Yearly) on absolute basis
Year Returns 2021 35.1% 2020 15% 2019 14.8% 2018 -7.6% 2017 36.3% 2016 11.3% 2015 4.4% 2014 52.2% 2013 6.7% 2012 39.8% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 6.88 Yr. Charanjit Singh 1 Jan 21 1.41 Yr. Data below for DSP BlackRock Tax Saver Fund as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 36.83% Consumer Cyclical 10.69% Basic Materials 10.41% Technology 10.32% Industrials 8.58% Health Care 7.72% Utility 5.83% Communication Services 3.11% Energy 2.68% Consumer Defensive 2.67% Asset Allocation
Asset Class Value Cash 1.16% Equity 98.84% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK9% ₹915 Cr 12,314,497
↑ 136,012 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK8% ₹756 Cr 5,456,452
↑ 564,039 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY7% ₹709 Cr 4,522,740
↑ 126,850 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | AXISBANK7% ₹640 Cr 8,783,608
↑ 127,811 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN5% ₹504 Cr 10,158,698
↑ 687,305 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Jun 20 | SBILIFE3% ₹273 Cr 2,468,846 NTPC Ltd (Utilities)
Equity, Since 31 Jan 19 | NTPC3% ₹272 Cr 17,387,006
↑ 1,705,727 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL3% ₹260 Cr 3,522,557 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 20 | SUNPHARMA3% ₹259 Cr 2,786,716
↑ 164,235 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 21 | HCLTECH2% ₹238 Cr 2,204,994 8. ICICI Prudential Long Term Equity Fund (Tax Saving)
CAGR/Annualized return of 19% since its launch. Ranked 30 in ELSS category. Return for 2021 was 33.7% , 2020 was 13.6% and 2019 was 8.8% . ICICI Prudential Long Term Equity Fund (Tax Saving)
Growth Launch Date 19 Aug 99 NAV (24 Jun 22) ₹530.93 ↑ 4.70 (0.89 %) Net Assets (Cr) ₹9,533 on 31 May 22 Category Equity - ELSS AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.98 Sharpe Ratio 0.52 Information Ratio -0.26 Alpha Ratio 1.56 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 May 17 ₹10,000 31 May 18 ₹10,951 31 May 19 ₹11,982 31 May 20 ₹9,688 31 May 21 ₹15,832 31 May 22 ₹17,355 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 14 Jan 22 Duration Returns 1 Month -1.8% 3 Month -8.6% 6 Month -8.8% 1 Year 1.7% 3 Year 11.7% 5 Year 10.8% 10 Year 15 Year Since launch 19% Historical performance (Yearly) on absolute basis
Year Returns 2021 33.7% 2020 13.6% 2019 8.8% 2018 0.5% 2017 26% 2016 3.9% 2015 4.3% 2014 50.8% 2013 10.2% 2012 37.6% Fund Manager information for ICICI Prudential Long Term Equity Fund (Tax Saving)
Name Since Tenure Priyanka Khandelwal 15 Jun 17 4.96 Yr. Harish Bihani 5 Nov 18 3.57 Yr. Data below for ICICI Prudential Long Term Equity Fund (Tax Saving) as on 31 May 22
Equity Sector Allocation
Sector Value Financial Services 31.09% Technology 18.13% Consumer Cyclical 8.3% Industrials 8.09% Communication Services 6.95% Consumer Defensive 5.17% Basic Materials 4.71% Energy 4.29% Health Care 4% Real Estate 1.38% Utility 0.99% Asset Allocation
Asset Class Value Cash 6.9% Equity 93.1% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK8% ₹775 Cr 10,427,909
↑ 834,009 Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY6% ₹623 Cr 3,976,484
↑ 472,706 HCL Technologies Ltd (Technology)
Equity, Since 31 May 19 | HCLTECH5% ₹490 Cr 4,537,162
↑ 521,730 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL5% ₹490 Cr 6,626,040
↓ -113,319 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | AXISBANK4% ₹424 Cr 5,813,009
↓ -22,709 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 17 | HDFCBANK4% ₹417 Cr 3,011,891
↓ -783,251 Reliance Industries Ltd (Energy)
Equity, Since 31 May 20 | RELIANCE3% ₹323 Cr 1,158,345 SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 21 | SBICARD3% ₹308 Cr 3,701,876
↑ 136,003 Tech Mahindra Ltd (Technology)
Equity, Since 31 Aug 20 | TECHM3% ₹269 Cr 2,137,202 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN3% ₹265 Cr 5,341,557
↓ -195,144
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