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8 Best ELSS Tax Saving Mutual Funds 2022 | fincash.com

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8 Best ELSS Tax Saving Mutual Funds 2022

Updated on June 23, 2022 , 54421 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 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

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2021 (%)
HDFC Long Term Advantage Fund Growth ₹595.168
↑ 0.28
₹1,3181.215.435.520.617.4
Mirae Asset Tax Saver Fund Growth ₹27.684
↑ 0.28
₹11,805Not Rated-8.1-9.6-1.315.813.835.3
Canara Robeco Equity Tax Saver Growth ₹102
↑ 1.09
₹3,602-8.5-11.4-1.415.513.535.1
BOI AXA Tax Advantage Fund Growth ₹85.38
↑ 1.07
₹570-11.3-14.7-3.21913.341.5
IDFC Tax Advantage (ELSS) Fund Growth ₹86.99
↑ 0.99
₹3,570-9.8-8.42.415.71249.2
Baroda Pioneer ELSS 96 Growth ₹68.6676
↑ 0.33
₹210Not Rated-6.1-3.517.616.711.6
DSP BlackRock Tax Saver Fund Growth ₹72.287
↑ 0.70
₹9,504-8.4-8-1.214.311.435.1
ICICI Prudential Long Term Equity Fund (Tax Saving) Growth ₹530.93
↑ 4.70
₹9,533-8.6-8.81.711.710.833.7
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.

1. 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 21.4% since its launch.  Ranked 23 in ELSS category. .

Below is the key information for HDFC Long Term Advantage Fund

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.

DateValue
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

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 ₹470,047.
Net Profit of ₹170,047
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 14 Jan 22

DurationReturns
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
YearReturns
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure

Data below for HDFC Long Term Advantage Fund as on 30 Nov 21

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

2. Mirae Asset Tax Saver 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. 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 CAGR/Annualized return of 17% since its launch.  Return for 2021 was 35.3% , 2020 was 21.5% and 2019 was 14.1% .

Below is the key information for Mirae Asset Tax Saver Fund

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 Not Rated
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.

DateValue
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

Mirae Asset 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 ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for Mirae Asset 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 14 Jan 22

DurationReturns
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
YearReturns
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
NameSinceTenure
Neelesh Surana28 Dec 156.43 Yr.

Data below for Mirae Asset Tax Saver Fund as on 31 May 22

Equity Sector Allocation
SectorValue
Financial Services35.37%
Technology12.36%
Basic Materials9.38%
Energy8.15%
Consumer Cyclical7.73%
Health Care7.68%
Industrials7.29%
Consumer Defensive5.73%
Utility3.05%
Communication Services2.48%
Asset Allocation
Asset ClassValue
Cash0.79%
Equity99.21%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
7%₹875 Cr6,319,722
↑ 590,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
7%₹788 Cr2,824,180
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹772 Cr10,383,912
↓ -350,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
6%₹731 Cr4,661,691
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | AXISBANK
4%₹480 Cr6,586,266
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
3%₹416 Cr8,383,799
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
3%₹380 Cr1,072,537
↑ 207,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
3%₹306 Cr1,807,630
↑ 130,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Dec 15 | SUNPHARMA
2%₹286 Cr3,082,209
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC
2%₹274 Cr1,228,263
↑ 267,000

3. 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 18.9% since its launch.  Ranked 36 in ELSS category.  Return for 2021 was 35.1% , 2020 was 27.4% and 2019 was 10.7% .

Below is the key information for Canara Robeco Equity Tax Saver

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.

DateValue
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

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 ₹426,080.
Net Profit of ₹126,080
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 14 Jan 22

DurationReturns
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
YearReturns
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
NameSinceTenure
Vishal Mishra26 Jun 210.93 Yr.
Shridatta Bhandwaldar1 Oct 192.67 Yr.

Data below for Canara Robeco Equity Tax Saver as on 31 May 22

Equity Sector Allocation
SectorValue
Financial Services28.63%
Consumer Cyclical12.61%
Technology12.17%
Industrials9.14%
Basic Materials8.63%
Consumer Defensive7.03%
Energy6.95%
Health Care6.66%
Communication Services2.37%
Utility1.56%
Real Estate1.47%
Asset Allocation
Asset ClassValue
Cash2.77%
Equity97.23%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE
7%₹252 Cr903,500
↑ 185,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
7%₹248 Cr3,336,000
↑ 50,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
7%₹246 Cr1,571,310
↓ -50,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
6%₹231 Cr1,667,184
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS
3%₹115 Cr323,712
↓ -10,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | BAJFINANCE
3%₹114 Cr170,450
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
3%₹105 Cr2,125,000
↑ 425,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | AXISBANK
3%₹99 Cr1,353,000
↑ 435,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Apr 21 | ULTRACEMCO
2%₹89 Cr133,500
↑ 5,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 21 | BHARTIARTL
2%₹86 Cr1,165,000

4. 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 17.5% since its launch.  Ranked 13 in ELSS category.  Return for 2021 was 41.5% , 2020 was 31.2% and 2019 was 14.6% .

Below is the key information for BOI AXA Tax Advantage Fund

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.

DateValue
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

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 ₹426,080.
Net Profit of ₹126,080
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 14 Jan 22

DurationReturns
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
YearReturns
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
NameSinceTenure
Aakash Manghani15 Jul 192.88 Yr.
Alok Singh27 Apr 220.1 Yr.

Data below for BOI AXA Tax Advantage Fund as on 31 May 22

Equity Sector Allocation
SectorValue
Financial Services30.11%
Consumer Cyclical15.62%
Basic Materials12.89%
Technology10.95%
Health Care7.07%
Industrials6.11%
Consumer Defensive5.55%
Energy4.12%
Communication Services2.91%
Utility1.54%
Real Estate1.03%
Asset Allocation
Asset ClassValue
Cash2%
Equity97.91%
Debt0.09%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
6%₹39 Cr519,840
↑ 46,659
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
5%₹28 Cr202,169
↓ -8,457
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
4%₹25 Cr87,880
↑ 13,500
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹24 Cr155,489
↓ -4,381
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | BAJFINANCE
3%₹19 Cr28,188
↓ -4,398
State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN
3%₹16 Cr330,426
↑ 56,427
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Jan 18 | CHOLAFIN
3%₹16 Cr212,404
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
2%₹13 Cr75,364
↓ -4,000
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 28 Feb 22 | VBL
2%₹11 Cr104,928
↑ 26,533
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | AXISBANK
2%₹11 Cr154,028
↑ 9,000

5. 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 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% .

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

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.

DateValue
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

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 ₹405,518.
Net Profit of ₹105,518
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 14 Jan 22

DurationReturns
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
YearReturns
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
NameSinceTenure
Daylynn Pinto20 Oct 165.62 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 May 22

Equity Sector Allocation
SectorValue
Financial Services24.34%
Consumer Cyclical17.7%
Industrials13.17%
Basic Materials12.13%
Technology11.37%
Health Care6.92%
Energy4.1%
Consumer Defensive3.5%
Communication Services2.77%
Asset Allocation
Asset ClassValue
Cash4.01%
Equity95.99%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
8%₹282 Cr3,800,000
↑ 100,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
6%₹219 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹174 Cr3,500,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹153 Cr550,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹145 Cr1,050,000
↑ 100,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹123 Cr2,800,000
Greenpanel Industries Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Jul 19 | GREENPANEL
3%₹120 Cr1,976,440
↓ -123,560
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹103 Cr1,400,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | DEEPAKNTR
3%₹100 Cr430,000
↓ -10,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JINDALSTEL
3%₹96 Cr1,784,695
↓ -15,305

6. Baroda Pioneer ELSS 96

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 CAGR/Annualized return of 8.4% since its launch. .

Below is the key information for Baroda Pioneer ELSS 96

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 Not Rated
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.

DateValue
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

Baroda Pioneer ELSS 96 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Baroda Pioneer ELSS 96

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

DurationReturns
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
YearReturns
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Fund Manager information for Baroda Pioneer ELSS 96
NameSinceTenure

Data below for Baroda Pioneer ELSS 96 as on 31 Jan 22

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

7. 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 13.7% since its launch.  Ranked 12 in ELSS category.  Return for 2021 was 35.1% , 2020 was 15% and 2019 was 14.8% .

Below is the key information for DSP BlackRock Tax Saver Fund

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.

DateValue
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

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 ₹405,518.
Net Profit of ₹105,518
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 14 Jan 22

DurationReturns
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
YearReturns
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
NameSinceTenure
Rohit Singhania16 Jul 156.88 Yr.
Charanjit Singh1 Jan 211.41 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 May 22

Equity Sector Allocation
SectorValue
Financial Services36.83%
Consumer Cyclical10.69%
Basic Materials10.41%
Technology10.32%
Industrials8.58%
Health Care7.72%
Utility5.83%
Communication Services3.11%
Energy2.68%
Consumer Defensive2.67%
Asset Allocation
Asset ClassValue
Cash1.16%
Equity98.84%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹915 Cr12,314,497
↑ 136,012
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹756 Cr5,456,452
↑ 564,039
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
7%₹709 Cr4,522,740
↑ 126,850
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | AXISBANK
7%₹640 Cr8,783,608
↑ 127,811
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹504 Cr10,158,698
↑ 687,305
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Jun 20 | SBILIFE
3%₹273 Cr2,468,846
NTPC Ltd (Utilities)
Equity, Since 31 Jan 19 | NTPC
3%₹272 Cr17,387,006
↑ 1,705,727
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
3%₹260 Cr3,522,557
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 20 | SUNPHARMA
3%₹259 Cr2,786,716
↑ 164,235
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 21 | HCLTECH
2%₹238 Cr2,204,994

8. ICICI Prudential Long Term Equity Fund (Tax Saving)

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 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% .

Below is the key information for ICICI Prudential Long Term Equity Fund (Tax Saving)

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.

DateValue
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

ICICI Prudential Long Term Equity Fund (Tax Saving) 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 ICICI Prudential Long Term Equity Fund (Tax Saving)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

DurationReturns
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
YearReturns
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)
NameSinceTenure
Priyanka Khandelwal15 Jun 174.96 Yr.
Harish Bihani5 Nov 183.57 Yr.

Data below for ICICI Prudential Long Term Equity Fund (Tax Saving) as on 31 May 22

Equity Sector Allocation
SectorValue
Financial Services31.09%
Technology18.13%
Consumer Cyclical8.3%
Industrials8.09%
Communication Services6.95%
Consumer Defensive5.17%
Basic Materials4.71%
Energy4.29%
Health Care4%
Real Estate1.38%
Utility0.99%
Asset Allocation
Asset ClassValue
Cash6.9%
Equity93.1%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
8%₹775 Cr10,427,909
↑ 834,009
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
6%₹623 Cr3,976,484
↑ 472,706
HCL Technologies Ltd (Technology)
Equity, Since 31 May 19 | HCLTECH
5%₹490 Cr4,537,162
↑ 521,730
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL
5%₹490 Cr6,626,040
↓ -113,319
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | AXISBANK
4%₹424 Cr5,813,009
↓ -22,709
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 17 | HDFCBANK
4%₹417 Cr3,011,891
↓ -783,251
Reliance Industries Ltd (Energy)
Equity, Since 31 May 20 | RELIANCE
3%₹323 Cr1,158,345
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 21 | SBICARD
3%₹308 Cr3,701,876
↑ 136,003
Tech Mahindra Ltd (Technology)
Equity, Since 31 Aug 20 | TECHM
3%₹269 Cr2,137,202
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹265 Cr5,341,557
↓ -195,144

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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