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

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8 Best ELSS Tax Saving Mutual Funds 2020

Updated on July 9, 2020 , 40722 views

With the financial year coming to an end, it is the time to begin your Tax Planning. With so many tax savings options in India, ELSS stands out the best because they offer benefits beyond tax savings.

ELSS or Equity Linked Saving Schemes comes with a lock-in period of 3 years, which is the shortest holding compared to all other tax savings. By Investing in ELSS, one can attain deductions upto INR 1,50,000 from their taxable income as per the Section 80C of Income Tax Act. As, ELSS funds are equity diversified with a major portion of the fund being invested in equity & related products, they provide equity returns too. This means that investors can also earn equity returns on their investments.

ELSS

Before we look at some of the other important features of this scheme, let’s check the best ELSS tax saving Mutual Funds for 2020 – 2021.

Why Choose ELSS for Tax Savings?

The other major benefits of ELSS are:

Tax Free Returns

As per the Budget 2018, ELSS would attract Long Term Capital Gains (LTCG). Investors would be taxed at 10% (with no indexation) under long term Capital Gain tax. Gains up to INR 1 lakh are free of tax. Tax at 10% applies to gains above INR 1 lakh.

Minimum Investment Amount

By taking a SIP route, investors can invest an amount as low as INR 500. This allows an individual to save money every month instead of a lump sum.

Equity Returns

Since these mutual funds invest in equity-related instruments, the money you invest grows as the stock market grows. So, the gains are high in ELSS Funds.

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Best Performing ELSS Tax Saving Mutual Funds FY 20 - 21

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2019 (%)
DSP BlackRock Tax Saver Fund Growth ₹46.279
↓ -0.15
₹5,40717.6-11.1-3.42.47.414.8
Motilal Oswal Long Term Equity Fund Growth ₹15.9317
↓ -0.15
₹1,411Not Rated11.7-16.1-4.3-0.77.313.2
Tata India Tax Savings Fund Growth ₹16.6673
↓ -0.07
₹1,77014.4-14.1-8.817.113.6
Aditya Birla Sun Life Tax Relief '96 Growth ₹30.09
↓ -0.15
₹9,37114.6-7.30.52.66.94.3
BOI AXA Tax Advantage Fund Growth ₹53.73
↓ -0.01
₹25610.8-3.98.24.66.814.6
Canara Robeco Equity Tax Saver Growth ₹65.2
↓ -0.12
₹94111.8-5.10.25.86.810.7
Invesco India Tax Plan Growth ₹49.39
↓ -0.07
₹93014-8.5-1.24.16.79.4
HDFC Long Term Advantage Fund Growth ₹321.198
↓ -1.21
₹1,03219-15-11.20.56.510.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 10 Jul 20

*Above is list of ELSS - Equity Mutual Funds having net assets between 100 - 15000 Crore & managing assets since last 3 years. Sorted on returns of last 5 years annualized/CAGR basis.

Who Can Invest in ELSS Fund?

Generally, ELSS Mutual Funds are suitable for all kinds of investors who are willing to take market-linked risks for tax planning and saving money. Anyone can invest in ELSS funds at any point of time in their life. However, it is suggested to invest in tax saving ELSS funds during the early stage of your career so that your money grows over time and you earn better returns.

Hence, save tax and earn good returns both at the same time by investing in Best elss Funds. Investors should be aware that amount invested in ELSS funds is locked for 3 Years.

Investors can invest in ELSS mutual funds as lumpsum (One Time) of SIP (Systematic Investment plan). It is advised for beginners to generally invest using SIP as it better suited for them.

1. DSP BlackRock Tax Saver Fund

The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.

DSP BlackRock Tax Saver Fund is a Equity - ELSS fund was launched on 18 Jan 07. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12% since its launch.  Ranked 12 in ELSS category.  Return for 2019 was 14.8% , 2018 was -7.6% and 2017 was 36.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (10 Jul 20) ₹46.279 ↓ -0.15   (-0.32 %)
Net Assets (Cr) ₹5,407 on 30 Apr 20
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio -0.36
Information Ratio -0.15
Alpha Ratio 4.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,757
30 Jun 17₹13,140
30 Jun 18₹13,817
30 Jun 19₹15,309
30 Jun 20₹13,985

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 ₹367,070.
Net Profit of ₹67,070
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 10 Jul 20

DurationReturns
1 Month 6.1%
3 Month 17.6%
6 Month -11.1%
1 Year -3.4%
3 Year 2.4%
5 Year 7.4%
10 Year
15 Year
Since launch 12%
Historical performance (Yearly) on absolute basis
YearReturns
2019 14.8%
2018 -7.6%
2017 36.3%
2016 11.3%
2015 4.4%
2014 52.2%
2013 6.7%
2012 39.8%
2011 -26.7%
2010 23.3%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 154.96 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services25.89%
Basic Materials9.8%
Consumer Cyclical9.18%
Health Care8.55%
Energy7.81%
Consumer Defensive6.8%
Communication Services6.31%
Industrials6.27%
Technology6.12%
Utility3.33%
Real Estate0.63%
Asset Allocation
Asset ClassValue
Cash9.27%
Equity90.73%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
10%₹532 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹460 Cr13,850,710
↑ 2,044,388
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
7%₹381 Cr4,004,059
↑ 109,310
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
6%₹338 Cr6,114,360
↓ -1,419,215
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
4%₹216 Cr1,472,923
↓ -43,367
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
3%₹153 Cr392,136
↓ -54,704
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
3%₹137 Cr1,979,163
↓ -389,218
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH
2%₹126 Cr2,285,229
↑ 849,432
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 500696
2%₹124 Cr601,322
↑ 601,322
J.B. Chemicals & Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Dec 17 | 506943
2%₹121 Cr1,778,952
↓ -27,433

2. Motilal Oswal Long Term Equity Fund

(Erstwhile Motilal Oswal MOSt Focused Long Term Fund)

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Motilal Oswal Long Term Equity Fund is a Equity - ELSS fund was launched on 21 Jan 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 8.9% since its launch.  Return for 2019 was 13.2% , 2018 was -8.7% and 2017 was 44% .

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

Motilal Oswal Long Term Equity Fund
Growth
Launch Date 21 Jan 15
NAV (10 Jul 20) ₹15.9317 ↓ -0.15   (-0.96 %)
Net Assets (Cr) ₹1,411 on 30 Apr 20
Category Equity - ELSS
AMC Motilal Oswal Asset Management Co. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.2
Sharpe Ratio -0.31
Information Ratio -0.22
Alpha Ratio 5.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,615
30 Jun 17₹14,511
30 Jun 18₹15,949
30 Jun 19₹15,751
30 Jun 20₹14,156

Motilal Oswal Long Term Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for Motilal Oswal Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jul 20

DurationReturns
1 Month 4.9%
3 Month 11.7%
6 Month -16.1%
1 Year -4.3%
3 Year -0.7%
5 Year 7.3%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 13.2%
2018 -8.7%
2017 44%
2016 12.5%
2015
2014
2013
2012
2011
2010
Fund Manager information for Motilal Oswal Long Term Equity Fund
NameSinceTenure
Aditya Khemani6 Sep 190.82 Yr.
Abhiroop Mukherjee21 Jan 155.44 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services38.27%
Consumer Cyclical15.78%
Consumer Defensive12.84%
Health Care9.03%
Industrials6.1%
Basic Materials4.04%
Communication Services3.83%
Real Estate3.43%
Energy3.12%
Technology3.11%
Asset Allocation
Asset ClassValue
Cash0.46%
Equity99.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK
8%₹112 Cr1,180,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
8%₹106 Cr3,195,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Aug 19 | 500696
7%₹99 Cr480,000
↑ 195,000
United Breweries Ltd (Consumer Defensive)
Equity, Since 30 Sep 19 | 532478
6%₹79 Cr827,725
Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Oct 19 | TORNTPHARM
5%₹75 Cr319,451
↑ 30,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | JUBLFOOD
5%₹70 Cr419,669
↓ -40,000
Muthoot Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | 533398
4%₹60 Cr690,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 15 | MARUTI
4%₹56 Cr100,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
4%₹53 Cr960,000
↑ 960,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 532215
4%₹53 Cr1,372,653

3. Tata India Tax Savings Fund

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation..

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 9.3% since its launch.  Ranked 1 in ELSS category.  Return for 2019 was 13.6% , 2018 was -8.4% and 2017 was 46% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (10 Jul 20) ₹16.6673 ↓ -0.07   (-0.41 %)
Net Assets (Cr) ₹1,770 on 30 Apr 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio -0.42
Information Ratio -0.68
Alpha Ratio -0.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹11,152
30 Jun 17₹13,540
30 Jun 18₹14,513
30 Jun 19₹16,246
30 Jun 20₹13,902

Tata India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jul 20

DurationReturns
1 Month 4.6%
3 Month 14.4%
6 Month -14.1%
1 Year -8.8%
3 Year 1%
5 Year 7.1%
10 Year
15 Year
Since launch 9.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
2012
2011
2010
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Rupesh Patel1 Apr 155.25 Yr.
Ennette Fernandes18 Jun 182.04 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services31.93%
Energy15.76%
Consumer Cyclical10.3%
Health Care9.33%
Basic Materials7.27%
Communication Services7.07%
Technology6.75%
Industrials6.5%
Consumer Defensive2.15%
Real Estate0.44%
Asset Allocation
Asset ClassValue
Cash2.81%
Equity97.19%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
12%₹204 Cr1,390,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹132 Cr1,382,000
↑ 100,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
7%₹126 Cr3,800,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
7%₹122 Cr2,200,000
↑ 880,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
7%₹116 Cr1,680,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
5%₹94 Cr565,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹86 Cr5,325,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 17 | DIVISLAB
3%₹51 Cr215,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 28 Feb 14 | ULTRACEMCO
3%₹49 Cr125,000
↑ 25,000
A) Repo
CBLO/Reverse Repo | -
3%₹48 Cr

4. Aditya Birla Sun Life Tax Relief '96

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 CAGR/Annualized return of 9.3% since its launch.  Ranked 4 in ELSS category.  Return for 2019 was 4.3% , 2018 was -4.5% and 2017 was 43.2% .

Below is the key information for Aditya Birla Sun Life Tax Relief '96

Aditya Birla Sun Life Tax Relief '96
Growth
Launch Date 6 Mar 08
NAV (10 Jul 20) ₹30.09 ↓ -0.15   (-0.50 %)
Net Assets (Cr) ₹9,371 on 30 Apr 20
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio -0.38
Information Ratio 0
Alpha Ratio 1.8
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,553
30 Jun 17₹12,798
30 Jun 18₹14,602
30 Jun 19₹14,522
30 Jun 20₹13,814

Aditya Birla Sun Life Tax Relief '96 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Aditya Birla Sun Life Tax Relief '96

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jul 20

DurationReturns
1 Month 5.3%
3 Month 14.6%
6 Month -7.3%
1 Year 0.5%
3 Year 2.6%
5 Year 6.9%
10 Year
15 Year
Since launch 9.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 4.3%
2018 -4.5%
2017 43.2%
2016 3.4%
2015 9.2%
2014 54.6%
2013 9.1%
2012 36.6%
2011 -29.6%
2010 13.5%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0613.76 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Apr 20

Equity Sector Allocation
SectorValue
Financial Services19.99%
Health Care18.01%
Basic Materials13.9%
Industrials13.08%
Energy10.04%
Consumer Defensive7.91%
Consumer Cyclical7.65%
Technology5.96%
Asset Allocation
Asset ClassValue
Cash3.36%
Equity96.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
10%₹922 Cr6,293,907
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
9%₹818 Cr302,981
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
8%₹743 Cr1,840,052
↑ 20,655
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
7%₹684 Cr4,124,687
↑ 236,000
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
7%₹672 Cr1,250,980
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
5%₹497 Cr3,632,730
↑ 50,054
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
5%₹427 Cr886,417
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹363 Cr2,962,934
Johnson Controls - Hitachi Air Conditioning India Ltd (Technology)
Equity, Since 28 Feb 15 | 523398
3%₹310 Cr1,272,527
↑ 4,329
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
3%₹282 Cr3,027,803

5. 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 15.9% since its launch.  Ranked 13 in ELSS category.  Return for 2019 was 14.6% , 2018 was -16.3% and 2017 was 57.7% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (10 Jul 20) ₹53.73 ↓ -0.01   (-0.02 %)
Net Assets (Cr) ₹256 on 30 Apr 20
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 3.02
Sharpe Ratio 0.1
Information Ratio 0.49
Alpha Ratio 16.42
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹9,871
30 Jun 17₹11,962
30 Jun 18₹14,058
30 Jun 19₹13,463
30 Jun 20₹13,523

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 ₹357,992.
Net Profit of ₹57,992
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 10 Jul 20

DurationReturns
1 Month 5.9%
3 Month 10.8%
6 Month -3.9%
1 Year 8.2%
3 Year 4.6%
5 Year 6.8%
10 Year
15 Year
Since launch 15.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 14.6%
2018 -16.3%
2017 57.7%
2016 -1.2%
2015 2.1%
2014 44%
2013 9.1%
2012 24.8%
2011 -24.1%
2010 5.9%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 190.96 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services22.72%
Health Care18.94%
Basic Materials16.83%
Consumer Defensive10.53%
Industrials6.67%
Communication Services4.87%
Consumer Cyclical4.73%
Energy4.61%
Technology3.18%
Utility1.19%
Asset Allocation
Asset ClassValue
Cash5.73%
Equity94.27%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹14 Cr149,567
↓ -6,380
Cblo
CBLO | -
6%₹14 Cr
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
5%₹11 Cr78,080
↑ 13,660
Abbott India Ltd (Healthcare)
Equity, Since 31 Aug 18 | 500488
4%₹11 Cr6,556
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
4%₹11 Cr192,754
↑ 42,382
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
4%₹10 Cr63,294
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
4%₹9 Cr39,233
↑ 1,554
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
3%₹9 Cr69,816
↑ 5,765
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
3%₹7 Cr213,780
↓ -10,646
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Nov 18 | 500820
3%₹6 Cr38,591
↓ -5,380

6. 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 17.8% since its launch.  Ranked 36 in ELSS category.  Return for 2019 was 10.7% , 2018 was 2.7% and 2017 was 32% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (10 Jul 20) ₹65.2 ↓ -0.12   (-0.18 %)
Net Assets (Cr) ₹941 on 30 Apr 20
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.32
Sharpe Ratio -0.2
Information Ratio 0.39
Alpha Ratio 7.4
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹9,892
30 Jun 17₹11,701
30 Jun 18₹12,928
30 Jun 19₹14,595
30 Jun 20₹13,654

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 ₹357,992.
Net Profit of ₹57,992
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 10 Jul 20

DurationReturns
1 Month 5.8%
3 Month 11.8%
6 Month -5.1%
1 Year 0.2%
3 Year 5.8%
5 Year 6.8%
10 Year
15 Year
Since launch 17.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.7%
2018 2.7%
2017 32%
2016 0%
2015 0.6%
2014 45.2%
2013 5.3%
2012 30%
2011 -16.3%
2010 24.9%
Fund Manager information for Canara Robeco Equity Tax Saver
NameSinceTenure
Shridatta Bhandwaldar1 Oct 190.75 Yr.
Cheenu Gupta12 Mar 182.3 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services23.35%
Health Care16.87%
Basic Materials12.58%
Consumer Defensive11.19%
Technology8.99%
Consumer Cyclical8.09%
Energy5.21%
Industrials4.91%
Communication Services4.3%
Asset Allocation
Asset ClassValue
Cash4.39%
Equity95.61%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
8%₹72 Cr1,039,500
↑ 350,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
6%₹53 Cr1,611,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB
5%₹49 Cr206,500
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 500696
5%₹48 Cr235,330
↑ 44,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE
5%₹48 Cr330,500
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
5%₹46 Cr488,184
↑ 150,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 29 Feb 20 | BHARTIARTL
4%₹40 Cr722,000
Cblo
CBLO | -
4%₹34 Cr
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jan 20 | 500124
3%₹27 Cr66,000
Dabur India Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | 500096
3%₹27 Cr569,000

7. Invesco India Tax Plan

The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.5% since its launch.  Ranked 17 in ELSS category.  Return for 2019 was 9.4% , 2018 was -1.3% and 2017 was 35.7% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (10 Jul 20) ₹49.39 ↓ -0.07   (-0.14 %)
Net Assets (Cr) ₹930 on 30 Apr 20
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio -0.26
Information Ratio 0.36
Alpha Ratio 5.69
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,296
30 Jun 17₹12,053
30 Jun 18₹14,054
30 Jun 19₹14,568
30 Jun 20₹13,535

Invesco India Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jul 20

DurationReturns
1 Month 5.1%
3 Month 14%
6 Month -8.5%
1 Year -1.2%
3 Year 4.1%
5 Year 6.7%
10 Year
15 Year
Since launch 12.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.4%
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
2013 10.1%
2012 30.3%
2011 -18.9%
2010 22.1%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 182.26 Yr.
Dhimant Kothari29 Mar 182.26 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services33.42%
Consumer Cyclical11.32%
Technology9.57%
Energy9.31%
Consumer Defensive8.93%
Health Care6.83%
Communication Services5.12%
Basic Materials3.75%
Industrials3.53%
Utility2.8%
Asset Allocation
Asset ClassValue
Cash5.42%
Equity94.58%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹85 Cr896,967
↑ 24,248
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
9%₹85 Cr582,815
↓ -26,164
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹65 Cr393,199
↓ -19,540
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
7%₹65 Cr941,554
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹58 Cr1,751,256
↑ 83,937
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
5%₹46 Cr376,013
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
5%₹44 Cr214,739
↑ 65,230
Triparty Repo
CBLO/Reverse Repo | -
4%₹37 Cr
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
4%₹34 Cr620,572
↑ 41,466
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Dec 19 | MARUTI
3%₹26 Cr46,107

8. HDFC Long Term Advantage Fund

To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments

HDFC Long Term Advantage Fund is a Equity - ELSS fund was launched on 2 Jan 01. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.5% since its launch.  Ranked 23 in ELSS category.  Return for 2019 was 10.1% , 2018 was -3.9% and 2017 was 36.2% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (10 Jul 20) ₹321.198 ↓ -1.21   (-0.37 %)
Net Assets (Cr) ₹1,032 on 30 Apr 20
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio -0.55
Information Ratio -1.28
Alpha Ratio -5.29
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,453
30 Jun 17₹12,962
30 Jun 18₹13,943
30 Jun 19₹15,568
30 Jun 20₹13,057

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 ₹357,992.
Net Profit of ₹57,992
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 10 Jul 20

DurationReturns
1 Month 5.9%
3 Month 19%
6 Month -15%
1 Year -11.2%
3 Year 0.5%
5 Year 6.5%
10 Year
15 Year
Since launch 19.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.1%
2018 -3.9%
2017 36.2%
2016 13%
2015 -2.4%
2014 44.7%
2013 11%
2012 28.8%
2011 -23.5%
2010 28.4%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0713.26 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services30.6%
Industrials18.69%
Energy13.94%
Technology12.45%
Consumer Defensive5.77%
Basic Materials5.26%
Health Care3.78%
Communication Services2.9%
Utility2.41%
Consumer Cyclical0.94%
Asset Allocation
Asset ClassValue
Cash3.15%
Equity96.85%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
10%₹102 Cr697,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹94 Cr988,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
9%₹90 Cr1,300,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹82 Cr2,473,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
7%₹66 Cr400,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹57 Cr607,500
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
6%₹56 Cr2,822,910
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
4%₹42 Cr2,600,000
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 31 Mar 18 | AUROPHARMA
4%₹37 Cr500,000
Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 520113
4%₹35 Cr400,000

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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