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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.
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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 (%) 2018 (%) Tata India Tax Savings Fund Growth ₹19.5926
↑ 0.02 ₹2,063 ☆☆☆☆☆ 7.3 6.1 15.4 13.8 11.5 13.6 DSP BlackRock Tax Saver Fund Growth ₹52.765
↑ 0.12 ₹6,186 ☆☆☆☆ 6 9 17.4 12.4 10.6 14.8 Invesco India Tax Plan Growth ₹55.03
↑ 0.20 ₹977 ☆☆☆ 7.7 9.7 12.7 13.4 10 9.4 HDFC Long Term Advantage Fund Growth ₹380.36
↓ -0.19 ₹1,403 ☆☆☆ 7.3 4.1 10.9 12.4 9.7 10.1 Kotak Tax Saver Scheme Growth ₹48.566
↑ 0.11 ₹1,030 ☆☆☆ 10.4 8.8 16.8 13 9.6 12.7 Aditya Birla Sun Life Tax Relief '96 Growth ₹32.99
↑ 0.11 ₹9,998 ☆☆☆☆ 7.8 9.6 8.2 12.5 9.5 4.3 L&T Tax Advantage Fund Growth ₹57.468
↑ 0.25 ₹3,396 ☆☆☆☆ 9.4 7.5 9.7 10.9 9 4.6 BOI AXA Tax Advantage Fund Growth ₹57.03
↑ 0.22 ₹257 ☆☆☆ 7.9 13.5 19.2 13.9 8.8 14.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Jan 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.
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 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 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 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 longterm capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time. Kotak Tax Saver Scheme is a Equity - ELSS fund was launched on 23 Nov 05. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Tax Saver Scheme 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 To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a Below is the key information for L&T Tax Advantage 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 1. Tata India Tax Savings Fund
CAGR/Annualized return of 13.6% 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 (17 Jan 20) ₹19.5926 ↑ 0.02 (0.09 %) Net Assets (Cr) ₹2,063 on 30 Nov 19 Category Equity - ELSS AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.08 Sharpe Ratio 0.86 Information Ratio -0.33 Alpha Ratio -0.71 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹11,331 31 Dec 16 ₹11,574 31 Dec 17 ₹16,898 31 Dec 18 ₹15,482 31 Dec 19 ₹17,586 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 1.5% 3 Month 7.3% 6 Month 6.1% 1 Year 15.4% 3 Year 13.8% 5 Year 11.5% 10 Year 15 Year Since launch 13.6% Historical performance (Yearly) on absolute basis
Year Returns 2018 13.6% 2017 -8.4% 2016 46% 2015 2.1% 2014 13.3% 2013 2012 2011 2010 2009 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 30 Nov 19
Equity Sector Allocation
Sector Value Financial Services 45.76% Energy 10.3% Industrials 9.78% Technology 8.66% Consumer Cyclical 8.53% Health Care 5.45% Basic Materials 3.28% Consumer Defensive 3.06% Communication Services 2.04% Real Estate 0.75% Asset Allocation
Asset Class Value Cash 2.49% Equity 97.59% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK10% ₹205 Cr 4,000,000
↓ -100,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN9% ₹182 Cr 5,325,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK8% ₹163 Cr 1,282,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC6% ₹130 Cr 565,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY6% ₹117 Cr 1,680,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE5% ₹113 Cr 730,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322155% ₹111 Cr 1,500,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK4% ₹80 Cr 495,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹62 Cr 300,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 16 | 5000343% ₹61 Cr 150,000 2. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 13.7% 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 (17 Jan 20) ₹52.765 ↑ 0.12 (0.24 %) Net Assets (Cr) ₹6,186 on 30 Nov 19 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio 0.91 Information Ratio -0.26 Alpha Ratio 5.45 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,440 31 Dec 16 ₹11,617 31 Dec 17 ₹15,833 31 Dec 18 ₹14,623 31 Dec 19 ₹16,792 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 2.8% 3 Month 6% 6 Month 9% 1 Year 17.4% 3 Year 12.4% 5 Year 10.6% 10 Year 15 Year Since launch 13.7% Historical performance (Yearly) on absolute basis
Year Returns 2018 14.8% 2017 -7.6% 2016 36.3% 2015 11.3% 2014 4.4% 2013 52.2% 2012 6.7% 2011 39.8% 2010 -26.7% 2009 23.3% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 3.55 Yr. Data below for DSP BlackRock Tax Saver Fund as on 30 Nov 19
Equity Sector Allocation
Sector Value Financial Services 37.24% Energy 11.38% Technology 8.48% Basic Materials 7.41% Consumer Cyclical 6.77% Industrials 6.61% Health Care 6.27% Communication Services 5.64% Utility 3.7% Consumer Defensive 2.73% Real Estate 1.41% Asset Allocation
Asset Class Value Cash 2.36% Equity 97.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK8% ₹483 Cr 3,789,477
↓ -600,372 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK7% ₹463 Cr 9,034,351
↓ -1,881,814 State Bank of India (Financial Services)
Equity, Since 30 Sep 19 | SBIN5% ₹313 Cr 9,145,279
↑ 3,393,248 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY5% ₹307 Cr 4,407,883
↑ 1,007,481 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322155% ₹299 Cr 4,049,346
↑ 547,139 Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE4% ₹256 Cr 1,652,081
↓ -5,403 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL4% ₹256 Cr 5,781,056
↑ 1,464,051 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -3% ₹166 Cr Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT3% ₹161 Cr 1,209,233
↓ -50,819 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 19 | 5005472% ₹149 Cr 2,916,234
↑ 230,917 3. Invesco India Tax Plan
CAGR/Annualized return of 14% 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 (17 Jan 20) ₹55.03 ↑ 0.20 (0.36 %) Net Assets (Cr) ₹977 on 30 Nov 19 Category Equity - ELSS AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.39 Sharpe Ratio 0.4 Information Ratio -0.46 Alpha Ratio -2.61 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,581 31 Dec 16 ₹10,943 31 Dec 17 ₹14,855 31 Dec 18 ₹14,669 31 Dec 19 ₹16,053 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 3% 3 Month 7.7% 6 Month 9.7% 1 Year 12.7% 3 Year 13.4% 5 Year 10% 10 Year 15 Year Since launch 14% Historical performance (Yearly) on absolute basis
Year Returns 2018 9.4% 2017 -1.3% 2016 35.7% 2015 3.4% 2014 5.8% 2013 54.3% 2012 10.1% 2011 30.3% 2010 -18.9% 2009 22.1% Fund Manager information for Invesco India Tax Plan
Name Since Tenure Amit Ganatra 29 Mar 18 1.59 Yr. Dhimant Kothari 29 Mar 18 1.59 Yr. Data below for Invesco India Tax Plan as on 30 Nov 19
Equity Sector Allocation
Sector Value Financial Services 36.4% Consumer Defensive 10.43% Energy 9.78% Industrials 9.3% Technology 8.4% Consumer Cyclical 7.11% Health Care 5.83% Basic Materials 5.35% Utility 2.3% Communication Services 1.74% Asset Allocation
Asset Class Value Cash 3.36% Equity 96.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹86 Cr 678,130 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE9% ₹86 Cr 553,507
↑ 31,307 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK8% ₹80 Cr 1,551,916
↑ 130,252 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC7% ₹66 Cr 289,121 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS5% ₹46 Cr 224,486 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC4% ₹40 Cr 1,615,672 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT4% ₹39 Cr 292,256 Triparty Repo
CBLO/Reverse Repo | -4% ₹34 Cr Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK4% ₹34 Cr 212,897
↑ 29,125 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 5006963% ₹30 Cr 149,509 4. HDFC Long Term Advantage Fund
CAGR/Annualized return of 21.1% since its launch. Ranked 23 in ELSS category. Return for 2019 was 10.1% , 2018 was -3.9% and 2017 was 36.2% . HDFC Long Term Advantage Fund
Growth Launch Date 2 Jan 01 NAV (17 Jan 20) ₹380.36 ↓ -0.19 (-0.05 %) Net Assets (Cr) ₹1,403 on 30 Nov 19 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.17 Sharpe Ratio 0.48 Information Ratio -0.89 Alpha Ratio -5.45 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹9,760 31 Dec 16 ₹11,030 31 Dec 17 ₹15,023 31 Dec 18 ₹14,437 31 Dec 19 ₹15,896
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 17 Jan 20 Duration Returns 1 Month 1.5% 3 Month 7.3% 6 Month 4.1% 1 Year 10.9% 3 Year 12.4% 5 Year 9.7% 10 Year 15 Year Since launch 21.1% Historical performance (Yearly) on absolute basis
Year Returns 2018 10.1% 2017 -3.9% 2016 36.2% 2015 13% 2014 -2.4% 2013 44.7% 2012 11% 2011 28.8% 2010 -23.5% 2009 28.4% Fund Manager information for HDFC Long Term Advantage Fund
Name Since Tenure Chirag Setalvad 2 Apr 07 12.51 Yr. Data below for HDFC Long Term Advantage Fund as on 30 Nov 19
Equity Sector Allocation
Sector Value Financial Services 35.32% Industrials 18.55% Energy 13.48% Technology 10.37% Basic Materials 5.49% Consumer Defensive 5.07% Consumer Cyclical 2.16% Utility 2.1% Communication Services 1.64% Health Care 1.62% Asset Allocation
Asset Class Value Cash 4.21% Equity 95.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK10% ₹138 Cr 2,690,000
↓ -160,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK10% ₹137 Cr 1,078,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE10% ₹136 Cr 875,000
↓ -57,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY7% ₹101 Cr 1,453,908 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC7% ₹92 Cr 400,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN6% ₹89 Cr 2,600,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT6% ₹81 Cr 607,500 ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC5% ₹70 Cr 2,822,910 Treps - Tri-Party Repo
CBLO/Reverse Repo | -4% ₹57 Cr Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 5005474% ₹51 Cr 1,000,000 5. Kotak Tax Saver Scheme
CAGR/Annualized return of 11.8% since its launch. Ranked 19 in ELSS category. Return for 2019 was 12.7% , 2018 was -3.8% and 2017 was 33.8% . Kotak Tax Saver Scheme
Growth Launch Date 23 Nov 05 NAV (17 Jan 20) ₹48.566 ↑ 0.11 (0.24 %) Net Assets (Cr) ₹1,030 on 30 Nov 19 Category Equity - ELSS AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.4 Sharpe Ratio 0.74 Information Ratio -0.29 Alpha Ratio 3.33 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,148 31 Dec 16 ₹10,905 31 Dec 17 ₹14,587 31 Dec 18 ₹14,032 31 Dec 19 ₹15,809 Returns for Kotak Tax Saver Scheme
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 4.6% 3 Month 10.4% 6 Month 8.8% 1 Year 16.8% 3 Year 13% 5 Year 9.6% 10 Year 15 Year Since launch 11.8% Historical performance (Yearly) on absolute basis
Year Returns 2018 12.7% 2017 -3.8% 2016 33.8% 2015 7.5% 2014 1.5% 2013 56.6% 2012 -6.3% 2011 36.2% 2010 -26% 2009 19.9% Fund Manager information for Kotak Tax Saver Scheme
Name Since Tenure Harsha Upadhyaya 25 Aug 15 3.44 Yr. Data below for Kotak Tax Saver Scheme as on 30 Nov 19
Equity Sector Allocation
Sector Value Financial Services 28.31% Industrials 18.69% Basic Materials 18.52% Energy 8.15% Technology 6.84% Consumer Cyclical 6.22% Consumer Defensive 5.99% Utility 3.43% Health Care 2.17% Asset Allocation
Asset Class Value Cash 1.63% Equity 98.32% Other 0.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE7% ₹72 Cr 464,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹72 Cr 1,400,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK6% ₹61 Cr 480,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 5322156% ₹57 Cr 775,000 GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 5006764% ₹40 Cr 45,000 SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF3% ₹34 Cr 105,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT3% ₹33 Cr 250,000 AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 5406113% ₹33 Cr 400,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS3% ₹31 Cr 150,000
↓ -20,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY3% ₹28 Cr 400,000 6. Aditya Birla Sun Life Tax Relief '96
CAGR/Annualized return of 10.6% 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 (17 Jan 20) ₹32.99 ↑ 0.11 (0.33 %) Net Assets (Cr) ₹9,998 on 30 Nov 19 Category Equity - ELSS AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.17 Sharpe Ratio 0.24 Information Ratio -0.2 Alpha Ratio -4.49 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,919 31 Dec 16 ₹11,288 31 Dec 17 ₹16,161 31 Dec 18 ₹15,427 31 Dec 19 ₹16,086 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 17 Jan 20 Duration Returns 1 Month 1.7% 3 Month 7.8% 6 Month 9.6% 1 Year 8.2% 3 Year 12.5% 5 Year 9.5% 10 Year 15 Year Since launch 10.6% Historical performance (Yearly) on absolute basis
Year Returns 2018 4.3% 2017 -4.5% 2016 43.2% 2015 3.4% 2014 9.2% 2013 54.6% 2012 9.1% 2011 36.6% 2010 -29.6% 2009 13.5% Fund Manager information for Aditya Birla Sun Life Tax Relief '96
Name Since Tenure Ajay Garg 1 Oct 06 12.84 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Nov 19
Equity Sector Allocation
Sector Value Financial Services 24.61% Health Care 14.41% Consumer Cyclical 12.73% Industrials 12.27% Basic Materials 11.87% Energy 9.35% Consumer Defensive 8.32% Technology 4.32% Asset Allocation
Asset Class Value Cash 2.13% Equity 97.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE9% ₹935 Cr 6,028,079
↑ 15,143 Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 5171748% ₹812 Cr 292,357
↑ 1,042 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC8% ₹809 Cr 3,522,583 Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER7% ₹672 Cr 1,623,958 Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE6% ₹603 Cr 878,672 GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 5006605% ₹546 Cr 3,255,027
↑ 161,677 Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 5062855% ₹461 Cr 1,239,841
↑ 28,495 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK4% ₹424 Cr 2,626,017 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT4% ₹379 Cr 2,850,078
↑ 156,810 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK3% ₹294 Cr 2,308,258 7. L&T Tax Advantage Fund
CAGR/Annualized return of 13.4% since its launch. Ranked 7 in ELSS category. Return for 2019 was 4.6% , 2018 was -8.1% and 2017 was 42.3% . L&T Tax Advantage Fund
Growth Launch Date 27 Feb 06 NAV (17 Jan 20) ₹57.468 ↑ 0.25 (0.43 %) Net Assets (Cr) ₹3,396 on 30 Nov 19 Category Equity - ELSS AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.21 Sharpe Ratio 0.04 Information Ratio -0.84 Alpha Ratio -7.47 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,290 31 Dec 16 ₹11,127 31 Dec 17 ₹15,830 31 Dec 18 ₹14,551 31 Dec 19 ₹15,227 Returns for L&T Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 4.1% 3 Month 9.4% 6 Month 7.5% 1 Year 9.7% 3 Year 10.9% 5 Year 9% 10 Year 15 Year Since launch 13.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 4.6% 2017 -8.1% 2016 42.3% 2015 8.1% 2014 2.9% 2013 44.8% 2012 6.8% 2011 27.4% 2010 -21.8% 2009 29.2% Fund Manager information for L&T Tax Advantage Fund
Name Since Tenure S.N. Lahiri 24 Nov 12 7.02 Yr. Venugopal Manghat 17 Dec 19 0 Yr. Data below for L&T Tax Advantage Fund as on 30 Nov 19
Equity Sector Allocation
Sector Value Financial Services 36.52% Technology 11.33% Basic Materials 11.1% Health Care 9.37% Consumer Cyclical 8.75% Industrials 8.06% Energy 4.6% Consumer Defensive 3.93% Communication Services 3.61% Utility 0.61% Asset Allocation
Asset Class Value Cash 2.72% Equity 97.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK8% ₹256 Cr 4,984,600 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK7% ₹223 Cr 1,751,800 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS5% ₹153 Cr 747,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE4% ₹132 Cr 853,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK4% ₹124 Cr 765,100 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT3% ₹113 Cr 853,000 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH3% ₹99 Cr 879,200
↓ -20,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL3% ₹98 Cr 2,214,200
↓ -487,611 Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY3% ₹95 Cr 1,370,200 (A) Tri Party Repo Dealing System (Treps)
CBLO/Reverse Repo | -3% ₹93 Cr 8. BOI AXA Tax Advantage Fund
CAGR/Annualized return of 17.3% 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 (17 Jan 20) ₹57.03 ↑ 0.22 (0.39 %) Net Assets (Cr) ₹257 on 30 Nov 19 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 3.02 Sharpe Ratio 0.7 Information Ratio -0.06 Alpha Ratio 3.38 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 14 ₹10,000 31 Dec 15 ₹10,206 31 Dec 16 ₹10,080 31 Dec 17 ₹15,891 31 Dec 18 ₹13,294 31 Dec 19 ₹15,236 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20 Duration Returns 1 Month 3.3% 3 Month 7.9% 6 Month 13.5% 1 Year 19.2% 3 Year 13.9% 5 Year 8.8% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2018 14.6% 2017 -16.3% 2016 57.7% 2015 -1.2% 2014 2.1% 2013 44% 2012 9.1% 2011 24.8% 2010 -24.1% 2009 5.9% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Aakash Manghani 15 Jul 19 0 Yr. Data below for BOI AXA Tax Advantage Fund as on 30 Nov 19
Equity Sector Allocation
Sector Value Financial Services 43.25% Basic Materials 11.97% Industrials 10.83% Consumer Cyclical 7.41% Health Care 5.64% Technology 5.63% Consumer Defensive 5.26% Energy 4.83% Utility 1.17% Real Estate 0.98% Communication Services 0.98% Asset Allocation
Asset Class Value Cash 2.05% Equity 97.94% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 5000347% ₹18 Cr 43,814
↑ 615 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK7% ₹17 Cr 337,241
↑ 10,926 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK6% ₹17 Cr 131,179 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE5% ₹12 Cr 80,135
↑ 12,523 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK5% ₹12 Cr 71,724
↑ 4,015 PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND3% ₹8 Cr 54,155
↑ 1,828 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 19 | HDFC3% ₹8 Cr 33,400
↑ 2,400 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | 5322153% ₹7 Cr 97,680 Abbott India Ltd (Healthcare)
Equity, Since 31 Aug 18 | 5004883% ₹7 Cr 5,731
↑ 304 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB3% ₹7 Cr 39,000
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