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8 Best ELSS Tax Saving Mutual Funds 2019 | fincash.com

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8 Best ELSS Tax Saving Mutual Funds 2019

Updated on November 6, 2019 , 23023 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 2019 – 2020.

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 19 - 20

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Tata India Tax Savings Fund Growth ₹18.8651
↓ -0.12
₹1,9198.47.716.41112.5-8.4
Aditya Birla Sun Life Tax Relief '96 Growth ₹31.63
↓ -0.26
₹9,12910.13.27.19.911.2-4.5
DSP BlackRock Tax Saver Fund Growth ₹51
↓ -0.41
₹5,8419.78.618.210.111.2-7.6
Invesco India Tax Plan Growth ₹52.63
↓ -0.41
₹9128.97.811.71110.4-1.3
Kotak Tax Saver Scheme Growth ₹45.47
↓ -0.28
₹9477.85.614.29.59.9-3.8
IDBI Equity Advantage Fund Growth ₹27.84
↓ -0.14
₹58911.810.58.78.39.6-1.7
IDFC Tax Advantage (ELSS) Fund Growth ₹54.11
↓ -0.14
₹1,9946.4-0.82.58.89.5-9.4
LIC MF Tax Plan Growth ₹71.246
↓ -0.35
₹24410.111.415.611.49.3-1.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Nov 19

*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. 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 13.3% since its launch.  Ranked 1 in ELSS category.  Return for 2018 was -8.4% , 2017 was 46% and 2016 was 2.1% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (08 Nov 19) ₹18.8651 ↓ -0.12   (-0.66 %)
Net Assets (Cr) ₹1,919 on 30 Sep 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 0.65
Information Ratio -0.42
Alpha Ratio 3.84
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,574
31 Oct 16₹13,481
31 Oct 17₹16,728
31 Oct 18₹15,426
31 Oct 19₹18,184

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 ₹415,684.
Net Profit of ₹115,684
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 8 Nov 19

DurationReturns
1 Month 7.1%
3 Month 8.4%
6 Month 7.7%
1 Year 16.4%
3 Year 11%
5 Year 12.5%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
2012
2011
2010
2009
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Rupesh Patel1 Apr 153.84 Yr.
Ennette Fernandes18 Jun 180.62 Yr.

Data below for Tata India Tax Savings Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services42.62%
Industrials10.11%
Technology9.79%
Energy9.28%
Consumer Cyclical9.14%
Health Care5.95%
Basic Materials3.58%
Consumer Defensive3.2%
Communication Services2.03%
Real Estate0.84%
Asset Allocation
Asset ClassValue
Cash0.86%
Equity96.54%
Other2.61%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
10%₹184 Cr4,241,000
↑ 226,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹157 Cr1,282,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
7%₹135 Cr1,680,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹103 Cr1,500,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹102 Cr3,750,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
5%₹97 Cr730,000
↑ 230,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹81 Cr495,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹67 Cr340,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 16 | 500034
3%₹61 Cr150,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹52 Cr250,000

2. 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 10.4% since its launch.  Ranked 4 in ELSS category.  Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% .

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 (08 Nov 19) ₹31.63 ↓ -0.26   (-0.82 %)
Net Assets (Cr) ₹9,129 on 30 Sep 19
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio -0.29
Information Ratio -0.39
Alpha Ratio -6.12
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,636
31 Oct 16₹13,315
31 Oct 17₹16,489
31 Oct 18₹15,821
31 Oct 19₹17,451

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 ₹405,518.
Net Profit of ₹105,518
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 8 Nov 19

DurationReturns
1 Month 7.4%
3 Month 10.1%
6 Month 3.2%
1 Year 7.1%
3 Year 9.9%
5 Year 11.2%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 102.8%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0612.84 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services22.78%
Consumer Cyclical14.64%
Industrials13.59%
Health Care12.36%
Basic Materials10.78%
Consumer Defensive9.38%
Energy8.78%
Technology4.74%
Asset Allocation
Asset ClassValue
Cash2.95%
Equity97.05%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
9%₹806 Cr281,118
↑ 5,133
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
9%₹801 Cr6,012,936
↑ 346,297
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
7%₹648 Cr3,280,120
↑ 547,172
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹623 Cr877,433
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
6%₹544 Cr1,623,958
↑ 6,176
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
5%₹432 Cr2,626,017
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
5%₹422 Cr3,036,075
↑ 71,550
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
4%₹406 Cr1,211,346
↑ 22,027
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹397 Cr2,693,268
↑ 19,287
Clearing Corporation Of India Limited
CBLO | -
3%₹294 Cr

3. 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 13.6% since its launch.  Ranked 12 in ELSS category.  Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (08 Nov 19) ₹51 ↓ -0.41   (-0.79 %)
Net Assets (Cr) ₹5,841 on 30 Sep 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio 0.65
Information Ratio -0.12
Alpha Ratio 7.84
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,726
31 Oct 16₹13,047
31 Oct 17₹15,658
31 Oct 18₹14,393
31 Oct 19₹17,164

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 8 Nov 19

DurationReturns
1 Month 7%
3 Month 9.7%
6 Month 8.6%
1 Year 18.2%
3 Year 10.1%
5 Year 11.2%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 84.2%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 153.55 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services35.98%
Energy9.85%
Industrials9.44%
Basic Materials9%
Technology7.22%
Health Care6.9%
Consumer Cyclical5.46%
Consumer Defensive4.41%
Utility3.44%
Communication Services2.32%
Real Estate0.46%
Asset Allocation
Asset ClassValue
Cash5.51%
Equity94.49%
Debt0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
10%₹560 Cr12,909,219
↑ 1,546,911
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
10%₹556 Cr4,533,283
↑ 662,197
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
5%₹292 Cr4,264,970
↑ 784,720
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
5%₹265 Cr1,988,382
↑ 187,481
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
4%₹239 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
4%₹210 Cr1,423,286
↑ 365,570
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
3%₹181 Cr1,098,092
↓ -199,803
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹157 Cr890,894
↓ -66,414
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
2%₹135 Cr3,685,430
↑ 787,217
Tech Mahindra Ltd (Technology)
Equity, Since 30 Jun 19 | 532755
2%₹119 Cr1,668,101

4. 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 13.8% since its launch.  Ranked 17 in ELSS category.  Return for 2018 was -1.3% , 2017 was 35.7% and 2016 was 3.4% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (08 Nov 19) ₹52.63 ↓ -0.41   (-0.77 %)
Net Assets (Cr) ₹912 on 30 Sep 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio 0.07
Information Ratio -0.28
Alpha Ratio -1.2
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,084
31 Oct 16₹12,350
31 Oct 17₹14,794
31 Oct 18₹14,725
31 Oct 19₹16,642

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 ₹395,578.
Net Profit of ₹95,578
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 8 Nov 19

DurationReturns
1 Month 6.6%
3 Month 8.9%
6 Month 7.8%
1 Year 11.7%
3 Year 11%
5 Year 10.4%
10 Year
15 Year
Since launch 13.8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 83.5%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 180.85 Yr.
Dhimant Kothari29 Mar 180.85 Yr.

Data below for Invesco India Tax Plan as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services33.31%
Consumer Defensive10.92%
Industrials9.68%
Technology9.24%
Consumer Cyclical8.74%
Energy8.73%
Health Care5.72%
Basic Materials5.27%
Utility2.28%
Communication Services1.65%
Asset Allocation
Asset ClassValue
Cash4.48%
Equity95.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹83 Cr678,130
↑ 7,968
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
8%₹70 Cr522,200
↑ 22,730
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹62 Cr1,421,664
↑ 21,105
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
6%₹57 Cr289,121
↑ 11,383
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS
5%₹47 Cr224,486
↑ 13,920
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
5%₹43 Cr292,256
↑ 23,588
Triparty Repo
CBLO/Reverse Repo | -
5%₹43 Cr
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC
5%₹42 Cr1,615,672
↑ 209,716
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
3%₹30 Cr183,772
↓ -15,085
UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Apr 19 | ULTRACEMCO
3%₹24 Cr56,041
↑ 10,105

5. Kotak Tax Saver Scheme

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 CAGR/Annualized return of 11.5% since its launch.  Ranked 19 in ELSS category.  Return for 2018 was -3.8% , 2017 was 33.8% and 2016 was 7.5% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (08 Nov 19) ₹45.47 ↓ -0.28   (-0.61 %)
Net Assets (Cr) ₹947 on 30 Sep 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio 0.42
Information Ratio -0.2
Alpha Ratio 4.68
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,915
31 Oct 16₹12,634
31 Oct 17₹15,063
31 Oct 18₹14,117
31 Oct 19₹16,319

Kotak Tax Saver Scheme SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Kotak Tax Saver Scheme

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19

DurationReturns
1 Month 6.8%
3 Month 7.8%
6 Month 5.6%
1 Year 14.2%
3 Year 9.5%
5 Year 9.9%
10 Year
15 Year
Since launch 11.5%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3.8%
2017 33.8%
2016 7.5%
2015 1.5%
2014 56.6%
2013 -6.3%
2012 36.2%
2011 -26%
2010 19.9%
2009 75%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

Data below for Kotak Tax Saver Scheme as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services27.73%
Industrials20.11%
Basic Materials17.05%
Technology8.8%
Energy8.25%
Consumer Defensive6.34%
Consumer Cyclical4.83%
Utility3.1%
Health Care2.19%
Asset Allocation
Asset ClassValue
Cash1.57%
Equity98.39%
Other0.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹62 Cr464,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹61 Cr1,400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹59 Cr480,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹53 Cr775,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹38 Cr45,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
4%₹37 Cr250,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹36 Cr450,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹36 Cr170,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹29 Cr105,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹26 Cr400,000
↑ 5,000

6. IDBI Equity Advantage Fund

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

IDBI Equity Advantage Fund is a Equity - ELSS fund was launched on 10 Sep 13. It is a fund with Moderately High risk and has given a CAGR/Annualized return of since its launch.  Ranked 21 in ELSS category.  Return for 2018 was -1.7% , 2017 was 35.3% and 2016 was 0% .

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund
Growth
Launch Date 10 Sep 13
NAV (08 Nov 19) ₹27.84 ↓ -0.14   (-0.50 %)
Net Assets (Cr) ₹589 on 30 Sep 19
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.86
Sharpe Ratio 0.19
Information Ratio -0.39
Alpha Ratio 0.88
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,862
31 Oct 16₹12,847
31 Oct 17₹14,795
31 Oct 18₹14,565
31 Oct 19₹16,357

IDBI Equity 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 ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for IDBI Equity 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 8 Nov 19

DurationReturns
1 Month 5.3%
3 Month 11.8%
6 Month 10.5%
1 Year 8.7%
3 Year 8.3%
5 Year 9.6%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.7%
2017 35.3%
2016 0%
2015 3.1%
2014 71.2%
2013
2012
2011
2010
2009
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Uma Venkatraman1 Jul 180.59 Yr.
Ayushi Sethia9 Oct 180.31 Yr.

Data below for IDBI Equity Advantage Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Consumer Cyclical27.02%
Financial Services19.5%
Consumer Defensive19.2%
Basic Materials12.11%
Industrials10.43%
Health Care3.49%
Asset Allocation
Asset ClassValue
Cash8.24%
Equity91.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
9%₹50 Cr5,020,093
↑ 2,124,556
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
6%₹35 Cr242,235
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
6%₹33 Cr1,067,825
Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500043
6%₹33 Cr190,489
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
6%₹33 Cr86,262
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
5%₹31 Cr191,141
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
5%₹31 Cr4,827
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
5%₹28 Cr671,959
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
5%₹28 Cr159,407
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
4%₹26 Cr11,670
↓ -2,000

7. 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 16.8% since its launch.  Ranked 3 in ELSS category.  Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (08 Nov 19) ₹54.11 ↓ -0.14   (-0.26 %)
Net Assets (Cr) ₹1,994 on 30 Sep 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.22
Sharpe Ratio -0.2
Information Ratio -0.29
Alpha Ratio -5.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹11,081
31 Oct 16₹12,506
31 Oct 17₹16,345
31 Oct 18₹15,308
31 Oct 19₹15,924

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 ₹385,859.
Net Profit of ₹85,859
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 8 Nov 19

DurationReturns
1 Month 6.1%
3 Month 6.4%
6 Month -0.8%
1 Year 2.5%
3 Year 8.8%
5 Year 9.5%
10 Year
15 Year
Since launch 16.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%
2012 36.2%
2011 -23.3%
2010 24%
2009 70.8%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 162.61 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services27.71%
Industrials15.37%
Basic Materials13.91%
Consumer Cyclical13.1%
Technology7.76%
Energy6.09%
Health Care4.59%
Consumer Defensive4.4%
Utility1.62%
Asset Allocation
Asset ClassValue
Cash4.81%
Equity95.18%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹143 Cr3,300,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹99 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹83 Cr680,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹75 Cr1,100,000
↑ 25,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹68 Cr2,500,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
3%₹67 Cr500,000
↓ -50,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
3%₹64 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹52 Cr1,360,000
↑ 30,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT
2%₹47 Cr320,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
2%₹44 Cr1,350,000
↑ 250,000

8. LIC MF Tax Plan

The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Scheme will be realised.

LIC MF Tax Plan is a Equity - ELSS fund was launched on 3 Feb 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.3% since its launch.  Ranked 35 in ELSS category.  Return for 2018 was -1.1% , 2017 was 37.3% and 2016 was 3.3% .

Below is the key information for LIC MF Tax Plan

LIC MF Tax Plan
Growth
Launch Date 3 Feb 99
NAV (08 Nov 19) ₹71.246 ↓ -0.35   (-0.49 %)
Net Assets (Cr) ₹244 on 30 Sep 19
Category Equity - ELSS
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.9
Sharpe Ratio 0.69
Information Ratio 0.18
Alpha Ratio 8.16
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,561
31 Oct 16₹11,572
31 Oct 17₹13,744
31 Oct 18₹13,516
31 Oct 19₹15,723

LIC MF 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 ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for LIC MF 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 8 Nov 19

DurationReturns
1 Month 5%
3 Month 10.1%
6 Month 11.4%
1 Year 15.6%
3 Year 11.4%
5 Year 9.3%
10 Year
15 Year
Since launch 10.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%
2014 49.1%
2013 8.2%
2012 26.3%
2011 -26.2%
2010 15.7%
2009 62.2%
Fund Manager information for LIC MF Tax Plan
NameSinceTenure
Sachin Relekar5 Mar 153.91 Yr.

Data below for LIC MF Tax Plan as on 30 Sep 19

Equity Sector Allocation
SectorValue
Financial Services41.03%
Consumer Cyclical12.65%
Technology12.15%
Basic Materials10.03%
Consumer Defensive9.34%
Energy3.34%
Real Estate2.54%
Industrials2.28%
Health Care1.73%
Utility0.26%
Asset Allocation
Asset ClassValue
Cash4.64%
Equity95.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
8%₹19 Cr156,190
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
6%₹14 Cr35,200
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
6%₹14 Cr171,256
↑ 13,700
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
6%₹14 Cr318,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
5%₹12 Cr58,900
↑ 5,400
City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB
5%₹11 Cr518,285
↑ 15,000
Treps
CBLO/Reverse Repo | -
5%₹11 Cr
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
4%₹11 Cr12,500
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
4%₹10 Cr51,192
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK
3%₹8 Cr51,430

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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