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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 September 29, 2022 , 56618 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
Canara Robeco Equity Tax Saver Growth ₹114.58
↑ 1.83
₹4,19711.80.9-0.620.515.635.1
Mirae Asset Tax Saver Fund Growth ₹30.095
↑ 0.49
₹13,148Not Rated7.9-1.6-3.319.314.635.3
BOI AXA Tax Advantage Fund Growth ₹97.9
↑ 1.73
₹64513.90.5-2.623.414.441.5
IDFC Tax Advantage (ELSS) Fund Growth ₹97.612
↑ 1.42
₹3,85111.5-0.43.422.41349.2
Kotak Tax Saver Fund Growth ₹72.801
↑ 1.18
₹2,93611.80.73.318.212.933.2
ICICI Prudential Long Term Equity Fund (Tax Saving) Growth ₹587.67
↑ 9.66
₹10,1469.9-1-1.517.312.733.7
DSP BlackRock Tax Saver Fund Growth ₹80.166
↑ 1.14
₹10,219100.1-1.617.612.635.1
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
30 Sep 17₹10,000
30 Sep 18₹10,744
30 Sep 19₹11,412
30 Sep 20₹10,757
30 Sep 21₹17,891

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. 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 19.6% 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 (30 Sep 22) ₹114.58 ↑ 1.83   (1.62 %)
Net Assets (Cr) ₹4,197 on 31 Aug 22
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio 0.02
Information Ratio 0.39
Alpha Ratio -3.3
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,944
30 Sep 19₹11,822
30 Sep 20₹13,071
30 Sep 21₹20,814
30 Sep 22₹20,686

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 ₹447,579.
Net Profit of ₹147,579
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 -2.6%
3 Month 11.8%
6 Month 0.9%
1 Year -0.6%
3 Year 20.5%
5 Year 15.6%
10 Year
15 Year
Since launch 19.6%
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 211.18 Yr.
Shridatta Bhandwaldar1 Oct 192.92 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services30.83%
Consumer Cyclical17.28%
Technology9.3%
Industrials8.9%
Basic Materials8.42%
Health Care6.19%
Consumer Defensive5.5%
Energy4.39%
Communication Services2.19%
Real Estate1.73%
Utility1.44%
Asset Allocation
Asset ClassValue
Cash3.82%
Equity96.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
8%₹349 Cr3,936,000
↑ 40,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
7%₹278 Cr1,872,184
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
6%₹253 Cr1,691,310
↑ 20,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE
4%₹184 Cr698,500
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
4%₹150 Cr2,830,000
↑ 190,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹143 Cr1,903,000
↑ 120,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS
2%₹104 Cr323,712
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | MARUTI
2%₹101 Cr111,500
↑ 2,500
ABB India Ltd (Industrials)
Equity, Since 31 Jan 21 | 500002
2%₹101 Cr310,000
↓ -27,500
Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | SCHAEFFLER
2%₹100 Cr330,381

3. 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 17.7% 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 (30 Sep 22) ₹30.095 ↑ 0.49   (1.64 %)
Net Assets (Cr) ₹13,148 on 31 Aug 22
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.28
Sharpe Ratio -0.06
Information Ratio 0.36
Alpha Ratio -3.88
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,665
30 Sep 19₹11,608
30 Sep 20₹12,416
30 Sep 21₹20,400
30 Sep 22₹19,733

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 ₹436,710.
Net Profit of ₹136,710
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 -3.1%
3 Month 7.9%
6 Month -1.6%
1 Year -3.3%
3 Year 19.3%
5 Year 14.6%
10 Year
15 Year
Since launch 17.7%
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 156.68 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services36.22%
Consumer Cyclical10.47%
Technology10.29%
Basic Materials9.16%
Health Care8.12%
Industrials7.78%
Energy7.4%
Consumer Defensive3.78%
Communication Services3.42%
Utility2.81%
Asset Allocation
Asset ClassValue
Cash0.55%
Equity99.45%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹1,021 Cr6,869,722
↑ 180,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹933 Cr10,518,912
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 15 | RELIANCE
6%₹771 Cr2,924,180
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
5%₹644 Cr4,314,691
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
5%₹609 Cr8,108,266
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
4%₹472 Cr8,883,799
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹402 Cr5,534,889
↑ 830,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
3%₹335 Cr1,042,537
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 16 | LT
2%₹288 Cr1,497,630
↓ -110,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Dec 15 | SUNPHARMA
2%₹287 Cr3,208,459

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 18.3% 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 (30 Sep 22) ₹97.9 ↑ 1.73   (1.80 %)
Net Assets (Cr) ₹645 on 31 Aug 22
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio -0.21
Information Ratio 0.68
Alpha Ratio -7.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 17₹10,000
30 Sep 18₹9,611
30 Sep 19₹10,457
30 Sep 20₹12,154
30 Sep 21₹20,152
30 Sep 22₹19,635

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 ₹436,710.
Net Profit of ₹136,710
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 -0.8%
3 Month 13.9%
6 Month 0.5%
1 Year -2.6%
3 Year 23.4%
5 Year 14.4%
10 Year
15 Year
Since launch 18.3%
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
Alok Singh27 Apr 220.35 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services32.19%
Consumer Cyclical19.21%
Basic Materials10.48%
Consumer Defensive8.2%
Industrials7.53%
Health Care5.97%
Energy3.72%
Technology3.69%
Utility3.2%
Real Estate2.23%
Communication Services0.72%
Asset Allocation
Asset ClassValue
Cash2.86%
Equity97.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
7%₹47 Cr529,340
State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN
6%₹36 Cr671,000
↑ 51,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
5%₹32 Cr214,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
4%₹24 Cr91,009
↓ -6,000
NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 532555
3%₹21 Cr1,260,000
↑ 282,141
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | M&M
3%₹19 Cr142,000
↑ 17,000
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 28 Feb 22 | VBL
3%₹17 Cr168,692
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
3%₹17 Cr87,607
Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | SCHAEFFLER
3%₹17 Cr55,000
↑ 4,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | 532215
2%₹15 Cr204,000
↑ 41,972

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 18% 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 (30 Sep 22) ₹97.612 ↑ 1.42   (1.47 %)
Net Assets (Cr) ₹3,851 on 31 Aug 22
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.95
Sharpe Ratio 0.4
Information Ratio 0.55
Alpha Ratio 2.67
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,161
30 Sep 19₹10,044
30 Sep 20₹10,138
30 Sep 21₹17,831
30 Sep 22₹18,431

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 ₹426,080.
Net Profit of ₹126,080
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 -1.5%
3 Month 11.5%
6 Month -0.4%
1 Year 3.4%
3 Year 22.4%
5 Year 13%
10 Year
15 Year
Since launch 18%
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 165.87 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services27.54%
Consumer Cyclical17.61%
Industrials12.1%
Basic Materials10.14%
Technology9.49%
Health Care7.23%
Energy3.77%
Consumer Defensive3.26%
Communication Services2.64%
Asset Allocation
Asset ClassValue
Cash6.23%
Equity93.77%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
9%₹337 Cr3,800,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
5%₹209 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹186 Cr3,500,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹156 Cr1,050,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹145 Cr550,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹122 Cr2,600,000
↓ -100,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
3%₹118 Cr900,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹102 Cr1,400,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 532215
3%₹101 Cr1,350,000
VRL Logistics Ltd (Industrials)
Equity, Since 30 Nov 15 | VRLLOG
2%₹92 Cr1,475,000

6. 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 12.5% since its launch.  Ranked 19 in ELSS category.  Return for 2021 was 33.2% , 2020 was 14.9% and 2019 was 12.7% .

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund
Growth
Launch Date 23 Nov 05
NAV (30 Sep 22) ₹72.801 ↑ 1.18   (1.65 %)
Net Assets (Cr) ₹2,936 on 31 Aug 22
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.15
Sharpe Ratio 0.26
Information Ratio 0.01
Alpha Ratio 0.57
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,237
30 Sep 19₹11,119
30 Sep 20₹11,371
30 Sep 21₹17,778
30 Sep 22₹18,366

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 ₹415,684.
Net Profit of ₹115,684
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 14 Jan 22

DurationReturns
1 Month -1.9%
3 Month 11.8%
6 Month 0.7%
1 Year 3.3%
3 Year 18.2%
5 Year 12.9%
10 Year
15 Year
Since launch 12.5%
Historical performance (Yearly) on absolute basis
YearReturns
2021 33.2%
2020 14.9%
2019 12.7%
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
2012 36.2%
Fund Manager information for Kotak Tax Saver Fund
NameSinceTenure
Harsha Upadhyaya25 Aug 157.02 Yr.

Data below for Kotak Tax Saver Fund as on 31 Aug 22

Equity Sector Allocation
SectorValue
Financial Services26.95%
Industrials18.38%
Basic Materials16.03%
Consumer Cyclical11.21%
Technology7.33%
Consumer Defensive6.27%
Energy4.49%
Health Care4.02%
Communication Services1.75%
Utility0.89%
Asset Allocation
Asset ClassValue
Cash2.68%
Equity97.32%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹240 Cr2,700,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
5%₹159 Cr3,000,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
4%₹132 Cr500,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹119 Cr800,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹111 Cr575,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 21 | ITC
3%₹99 Cr3,100,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
3%₹98 Cr1,300,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹92 Cr360,000
↓ -10,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
3%₹82 Cr550,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
2%₹71 Cr221,398

7. 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 19.3% 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 (30 Sep 22) ₹587.67 ↑ 9.66   (1.67 %)
Net Assets (Cr) ₹10,146 on 31 Aug 22
Category Equity - ELSS
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.88
Sharpe Ratio 0.01
Information Ratio -0.4
Alpha Ratio -3.06
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 17₹10,000
30 Sep 18₹11,083
30 Sep 19₹11,239
30 Sep 20₹10,926
30 Sep 21₹18,427
30 Sep 22₹18,148

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 ₹415,684.
Net Profit of ₹115,684
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 9.9%
6 Month -1%
1 Year -1.5%
3 Year 17.3%
5 Year 12.7%
10 Year
15 Year
Since launch 19.3%
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 175.21 Yr.
Harish Bihani5 Nov 183.82 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services34.9%
Technology15.6%
Consumer Cyclical7.79%
Industrials7.74%
Communication Services6.62%
Consumer Defensive5.47%
Energy4.72%
Health Care3.41%
Basic Materials3.07%
Real Estate1.82%
Utility0.8%
Asset Allocation
Asset ClassValue
Cash8.06%
Equity91.94%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
9%₹937 Cr10,560,479
↓ -389,633
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
6%₹578 Cr3,868,993
↓ -120,440
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
5%₹521 Cr6,931,488
↓ -100,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL
5%₹481 Cr6,626,040
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 17 | HDFCBANK
4%₹440 Cr2,961,891
↓ -50,000
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 21 | 543066
4%₹431 Cr4,671,369
HCL Technologies Ltd (Technology)
Equity, Since 31 May 19 | HCLTECH
4%₹418 Cr4,455,215
↓ -191,080
Reliance Industries Ltd (Energy)
Equity, Since 31 May 20 | RELIANCE
4%₹393 Cr1,488,761
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 29 Feb 20 | 540376
3%₹339 Cr748,565
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹284 Cr5,341,557

8. 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 14.2% 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 (30 Sep 22) ₹80.166 ↑ 1.14   (1.44 %)
Net Assets (Cr) ₹10,219 on 31 Aug 22
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.8
Sharpe Ratio -0.08
Information Ratio -0.06
Alpha Ratio -4.33
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 17₹10,000
30 Sep 18₹9,922
30 Sep 19₹11,121
30 Sep 20₹10,806
30 Sep 21₹18,374
30 Sep 22₹18,088

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 ₹415,684.
Net Profit of ₹115,684
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 -2.2%
3 Month 10%
6 Month 0.1%
1 Year -1.6%
3 Year 17.6%
5 Year 12.6%
10 Year
15 Year
Since launch 14.2%
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 157.13 Yr.
Charanjit Singh1 Jan 211.67 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services37.48%
Consumer Cyclical13.84%
Technology10.14%
Basic Materials8.5%
Industrials7.25%
Health Care7.11%
Utility4.95%
Energy3%
Consumer Defensive2.82%
Communication Services2.28%
Asset Allocation
Asset ClassValue
Cash2.64%
Equity97.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹964 Cr10,864,941
↓ -838,646
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
9%₹902 Cr6,069,652
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
7%₹669 Cr4,479,920
↑ 149,918
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹453 Cr6,033,445
↓ -547,411
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹417 Cr7,844,911
↓ -2,905,190
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Jun 20 | 540719
3%₹336 Cr2,527,484
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 20 | SUNPHARMA
3%₹265 Cr2,968,262
↑ 128,078
NTPC Ltd (Utilities)
Equity, Since 31 Jan 19 | 532555
2%₹242 Cr14,736,246
↓ -2,345,783
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | M&M
2%₹229 Cr1,750,114
↓ -162,688
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 21 | 543066
2%₹229 Cr2,480,871

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
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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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