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8 Best ELSS Tax Saving Mutual Funds 2021 | fincash.com

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8 Best ELSS Tax Saving Mutual Funds 2021

Updated on September 22, 2021 , 48762 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 2021 – 2022.

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 21 - 22

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
Mirae Asset Tax Saver Fund Growth ₹31.372
↓ -0.07
₹9,401Not Rated11.925.273.123.820.921.5
BOI AXA Tax Advantage Fund Growth ₹102.79
↓ -0.26
₹51216.532.977.227.22031.2
Canara Robeco Equity Tax Saver Growth ₹116.85
↓ -0.42
₹2,6801325.869.12418.827.4
IDFC Tax Advantage (ELSS) Fund Growth ₹94.89
↓ -0.02
₹3,33911.828.7852017.418.7
DSP BlackRock Tax Saver Fund Growth ₹82.271
↑ 0.01
₹9,67512.428.37922.616.415
Invesco India Tax Plan Growth ₹83.76
↑ 0.15
₹1,84213.325.763.419.216.319.2
HDFC Long Term Advantage Fund Growth ₹561.864
↑ 0.20
₹1,3631225.772.918.315.811.5
Motilal Oswal Long Term Equity Fund Growth ₹27.3747
↓ -0.09
₹2,400Not Rated12.925.776.717.815.78.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Sep 21

*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. 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 22% since its launch.  Return for 2020 was 21.5% , 2019 was 14.1% and 2018 was -2.3% .

Below is the key information for Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund
Growth
Launch Date 28 Dec 15
NAV (24 Sep 21) ₹31.372 ↓ -0.07   (-0.23 %)
Net Assets (Cr) ₹9,401 on 31 Aug 21
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.4
Sharpe Ratio 3.45
Information Ratio 1.57
Alpha Ratio 9.53
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,804
31 Aug 18₹14,835
31 Aug 19₹14,396
31 Aug 20₹15,873
31 Aug 21₹25,519

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 ₹505,644.
Net Profit of ₹205,644
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 24 Sep 21

DurationReturns
1 Month 7%
3 Month 11.9%
6 Month 25.2%
1 Year 73.1%
3 Year 23.8%
5 Year 20.9%
10 Year
15 Year
Since launch 22%
Historical performance (Yearly) on absolute basis
YearReturns
2020 21.5%
2019 14.1%
2018 -2.3%
2017 47.9%
2016 14.8%
2015
2014
2013
2012
2011
Fund Manager information for Mirae Asset Tax Saver Fund
NameSinceTenure
Neelesh Surana28 Dec 155.59 Yr.

Data below for Mirae Asset Tax Saver Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services38.92%
Technology12.1%
Basic Materials11.65%
Consumer Cyclical8.15%
Industrials6.79%
Health Care6.57%
Consumer Defensive3.98%
Communication Services3.8%
Utility1.87%
Energy1.47%
Asset Allocation
Asset ClassValue
Cash0.98%
Equity99.02%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹703 Cr4,929,722
↑ 245,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹637 Cr9,338,912
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
7%₹575 Cr3,571,693
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
4%₹389 Cr5,486,266
↑ 175,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹340 Cr1,074,826
↑ 135,000
Reliance Industries Limited
Equity, Since 30 Jun 21 | -
4%₹326 Cr2,308,304
↑ 275,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
4%₹310 Cr7,183,799
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹265 Cr4,716,889
↑ 398,889
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 15 | TATASTEEL
3%₹222 Cr1,550,846
↓ -170,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC
3%₹220 Cr901,263
↑ 40,000

2. 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 20.4% since its launch.  Ranked 13 in ELSS category.  Return for 2020 was 31.2% , 2019 was 14.6% and 2018 was -16.3% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (24 Sep 21) ₹102.79 ↓ -0.26   (-0.25 %)
Net Assets (Cr) ₹512 on 31 Aug 21
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 4.47
Information Ratio 0.69
Alpha Ratio 22.44
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,118
31 Aug 18₹13,858
31 Aug 19₹11,934
31 Aug 20₹14,357
31 Aug 21₹24,318

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 ₹505,644.
Net Profit of ₹205,644
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 24 Sep 21

DurationReturns
1 Month 7.9%
3 Month 16.5%
6 Month 32.9%
1 Year 77.2%
3 Year 27.2%
5 Year 20%
10 Year
15 Year
Since launch 20.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2011 -24.1%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 192.05 Yr.

Data below for BOI AXA Tax Advantage Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services23.77%
Basic Materials21.46%
Technology16.22%
Health Care14.72%
Consumer Cyclical9.84%
Consumer Defensive3.49%
Communication Services3.41%
Industrials3.22%
Energy1.75%
Utility1.49%
Asset Allocation
Asset ClassValue
Cash0.63%
Equity99.37%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
5%₹25 Cr361,176
↑ 30,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
4%₹21 Cr145,982
↓ -18,168
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹19 Cr118,505
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
4%₹19 Cr38,259
Laurus Labs Ltd (Healthcare)
Equity, Since 30 Jun 20 | 540222
3%₹15 Cr236,350
↓ -30,000
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
3%₹15 Cr51,325
Coforge Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jul 20 | 532541
3%₹15 Cr28,640
↑ 1,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 500034
3%₹14 Cr22,229
↑ 2,780
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 19 | 532504
2%₹12 Cr31,892
↓ -1,100
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Aug 20 | 506401
2%₹11 Cr54,523
↑ 2,200

3. Canara Robeco Equity Tax Saver

(ELSS Scheme) Seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.

Canara Robeco Equity Tax Saver is a Equity - ELSS fund was launched on 2 Feb 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 21.5% since its launch.  Ranked 36 in ELSS category.  Return for 2020 was 27.4% , 2019 was 10.7% and 2018 was 2.7% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (24 Sep 21) ₹116.85 ↓ -0.42   (-0.36 %)
Net Assets (Cr) ₹2,680 on 31 Aug 21
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.26
Sharpe Ratio 4.02
Information Ratio 0.76
Alpha Ratio 18.29
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,443
31 Aug 18₹13,658
31 Aug 19₹12,673
31 Aug 20₹14,228
31 Aug 21₹23,269

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 ₹481,656.
Net Profit of ₹181,656
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 24 Sep 21

DurationReturns
1 Month 6.4%
3 Month 13%
6 Month 25.8%
1 Year 69.1%
3 Year 24%
5 Year 18.8%
10 Year
15 Year
Since launch 21.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 27.4%
2019 10.7%
2018 2.7%
2017 32%
2016 0%
2015 0.6%
2014 45.2%
2013 5.3%
2012 30%
2011 -16.3%
Fund Manager information for Canara Robeco Equity Tax Saver
NameSinceTenure
Vishal Mishra26 Jun 210.1 Yr.
Shridatta Bhandwaldar1 Oct 191.83 Yr.

Data below for Canara Robeco Equity Tax Saver as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services31.49%
Technology16.23%
Consumer Cyclical12.85%
Industrials12.49%
Basic Materials8.61%
Health Care5.98%
Consumer Defensive4.32%
Communication Services2.24%
Utility1.98%
Energy1.74%
Asset Allocation
Asset ClassValue
Cash2.07%
Equity97.93%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
9%₹222 Cr1,376,310
↓ -30,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
8%₹189 Cr1,322,184
↑ 80,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
7%₹171 Cr2,506,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Dec 20 | LT
4%₹109 Cr680,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS
4%₹91 Cr288,815
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
3%₹82 Cr132,450
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 20 | HDFC
3%₹73 Cr297,500
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
3%₹69 Cr1,600,000
↑ 100,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹66 Cr928,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB
2%₹50 Cr101,500
↑ 7,500

4. 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 19.3% since its launch.  Ranked 3 in ELSS category.  Return for 2020 was 18.7% , 2019 was 1.9% and 2018 was -9.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (24 Sep 21) ₹94.89 ↓ -0.02   (-0.02 %)
Net Assets (Cr) ₹3,339 on 31 Aug 21
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio 3.28
Information Ratio 0.01
Alpha Ratio 15.08
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,568
31 Aug 18₹14,050
31 Aug 19₹12,018
31 Aug 20₹12,687
31 Aug 21₹21,417

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 ₹470,047.
Net Profit of ₹170,047
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 24 Sep 21

DurationReturns
1 Month 8.5%
3 Month 11.8%
6 Month 28.7%
1 Year 85%
3 Year 20%
5 Year 17.4%
10 Year
15 Year
Since launch 19.3%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2011 -23.3%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 164.78 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services22.86%
Industrials15.28%
Consumer Cyclical15.16%
Basic Materials14.76%
Technology13.83%
Health Care6.09%
Energy4.58%
Consumer Defensive3.01%
Communication Services2.88%
Asset Allocation
Asset ClassValue
Cash1.53%
Equity98.47%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹246 Cr3,600,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
7%₹225 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹155 Cr3,600,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹136 Cr950,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹126 Cr620,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 18 | RELIANCE
3%₹112 Cr550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹95 Cr1,700,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹88 Cr3,000,000
NCC Ltd (Industrials)
Equity, Since 28 Feb 19 | NCC
2%₹79 Cr9,000,000
↓ -200,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹73 Cr1,700,000

5. 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 15.4% since its launch.  Ranked 12 in ELSS category.  Return for 2020 was 15% , 2019 was 14.8% and 2018 was -7.6% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (24 Sep 21) ₹82.271 ↑ 0.01   (0.01 %)
Net Assets (Cr) ₹9,675 on 31 Aug 21
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.87
Sharpe Ratio 3.42
Information Ratio 1.06
Alpha Ratio 8.29
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,735
31 Aug 18₹12,750
31 Aug 19₹12,267
31 Aug 20₹12,804
31 Aug 21₹21,118

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 ₹458,689.
Net Profit of ₹158,689
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 24 Sep 21

DurationReturns
1 Month 5.6%
3 Month 12.4%
6 Month 28.3%
1 Year 79%
3 Year 22.6%
5 Year 16.4%
10 Year
15 Year
Since launch 15.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2011 -26.7%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 156.05 Yr.
Charanjit Singh1 Jan 210.58 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services38.95%
Basic Materials13.59%
Technology9.35%
Consumer Cyclical9.05%
Industrials8.22%
Utility5.88%
Health Care5.52%
Communication Services3.63%
Energy2.59%
Consumer Defensive2.18%
Asset Allocation
Asset ClassValue
Cash1.05%
Equity98.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹796 Cr11,659,184
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
7%₹651 Cr4,039,852
↓ -1,016,277
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
6%₹552 Cr3,873,109
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹480 Cr11,115,901
↑ 207,399
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 20 | TATASTEEL
5%₹431 Cr3,007,540
↑ 74,481
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹376 Cr5,301,622
↑ 298,302
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
4%₹339 Cr6,032,398
Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Jan 21 | 532978
3%₹235 Cr165,147
↑ 22,441
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | CROMPTON
2%₹214 Cr4,386,588
ACC Ltd (Basic Materials)
Equity, Since 28 Feb 19 | 500410
2%₹210 Cr876,828

6. 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 15.5% since its launch.  Ranked 17 in ELSS category.  Return for 2020 was 19.2% , 2019 was 9.4% and 2018 was -1.3% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (24 Sep 21) ₹83.76 ↑ 0.15   (0.18 %)
Net Assets (Cr) ₹1,842 on 31 Aug 21
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 3.2
Information Ratio -0.18
Alpha Ratio 6.89
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,379
31 Aug 18₹13,705
31 Aug 19₹12,416
31 Aug 20₹13,369
31 Aug 21₹20,344

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 ₹458,689.
Net Profit of ₹158,689
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 24 Sep 21

DurationReturns
1 Month 7.7%
3 Month 13.3%
6 Month 25.7%
1 Year 63.4%
3 Year 19.2%
5 Year 16.3%
10 Year
15 Year
Since launch 15.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 19.2%
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%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Nigam3 Sep 200.91 Yr.
Dhimant Kothari29 Mar 183.35 Yr.

Data below for Invesco India Tax Plan as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services31.54%
Technology16.72%
Consumer Cyclical12.43%
Industrials10.18%
Basic Materials10.15%
Energy7.99%
Health Care4.44%
Utility3.86%
Consumer Defensive1.41%
Asset Allocation
Asset ClassValue
Cash1.29%
Equity98.71%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 17 | RELIANCE
8%₹142 Cr696,659
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹139 Cr2,031,464
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
7%₹133 Cr824,204
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
7%₹130 Cr913,263
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
4%₹72 Cr1,016,758
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
3%₹62 Cr373,623
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 20 | 532755
3%₹54 Cr448,931
L&T Technology Services Ltd (Technology)
Equity, Since 31 Aug 20 | LTTS
3%₹49 Cr131,842
Tata Steel Ltd (Basic Materials)
Equity, Since 30 Apr 21 | TATASTEEL
2%₹43 Cr299,503
↓ -56,005
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
2%₹40 Cr105,755
↓ -27,862

7. 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 21.5% since its launch.  Ranked 23 in ELSS category.  Return for 2020 was 11.5% , 2019 was 10.1% and 2018 was -3.9% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (24 Sep 21) ₹561.864 ↑ 0.20   (0.03 %)
Net Assets (Cr) ₹1,363 on 31 Aug 21
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.25
Sharpe Ratio 2.51
Information Ratio -0.1
Alpha Ratio 8.34
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,926
31 Aug 18₹13,427
31 Aug 19₹12,682
31 Aug 20₹12,863
31 Aug 21₹20,367

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 ₹447,579.
Net Profit of ₹147,579
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 24 Sep 21

DurationReturns
1 Month 6.3%
3 Month 12%
6 Month 25.7%
1 Year 72.9%
3 Year 18.3%
5 Year 15.8%
10 Year
15 Year
Since launch 21.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 11.5%
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%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0714.34 Yr.

Data below for HDFC Long Term Advantage Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services35.68%
Industrials17.76%
Technology14.97%
Energy11.53%
Consumer Defensive4.5%
Basic Materials4.47%
Health Care2.8%
Utility2.61%
Consumer Cyclical2.35%
Communication Services2.21%
Asset Allocation
Asset ClassValue
Cash1.12%
Equity98.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹130 Cr1,900,000
↓ -100,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
9%₹121 Cr750,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹114 Cr800,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 05 | RELIANCE
8%₹106 Cr520,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
7%₹98 Cr400,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Oct 07 | LT
7%₹97 Cr607,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
7%₹91 Cr2,100,000
Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 03 | 513375
5%₹68 Cr1,010,413
↓ -16,354
Redington (India) Ltd (Technology)
Equity, Since 31 Jul 15 | 532805
5%₹64 Cr1,951,513
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹58 Cr2,822,910

8. 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 16.3% since its launch.  Return for 2020 was 8.8% , 2019 was 13.2% and 2018 was -8.7% .

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 (24 Sep 21) ₹27.3747 ↓ -0.09   (-0.33 %)
Net Assets (Cr) ₹2,400 on 31 Aug 21
Category Equity - ELSS
AMC Motilal Oswal Asset Management Co. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.77
Sharpe Ratio 3.27
Information Ratio -0.01
Alpha Ratio 6.77
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹13,247
31 Aug 18₹14,045
31 Aug 19₹12,936
31 Aug 20₹12,890
31 Aug 21₹21,103

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 ₹447,579.
Net Profit of ₹147,579
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 24 Sep 21

DurationReturns
1 Month 5.4%
3 Month 12.9%
6 Month 25.7%
1 Year 76.7%
3 Year 17.8%
5 Year 15.7%
10 Year
15 Year
Since launch 16.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 8.8%
2019 13.2%
2018 -8.7%
2017 44%
2016 12.5%
2015
2014
2013
2012
2011
Fund Manager information for Motilal Oswal Long Term Equity Fund
NameSinceTenure
Aditya Khemani6 Sep 191.9 Yr.
Abhiroop Mukherjee21 Jan 156.53 Yr.

Data below for Motilal Oswal Long Term Equity Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services34.61%
Health Care14.36%
Consumer Cyclical12.16%
Consumer Defensive8.78%
Basic Materials7.33%
Technology6.55%
Utility5.12%
Industrials4.62%
Communication Services3.34%
Real Estate3.06%
Asset Allocation
Asset ClassValue
Cash0.08%
Equity99.92%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
10%₹233 Cr3,415,000
State Bank of India (Financial Services)
Equity, Since 31 May 21 | SBIN
5%₹119 Cr2,760,000
↑ 90,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | JUBLFOOD
5%₹118 Cr311,708
Gujarat Gas Ltd (Utilities)
Equity, Since 30 Sep 20 | 539336
5%₹117 Cr1,632,009
Max Financial Services Ltd (Financial Services)
Equity, Since 30 Apr 20 | 500271
5%₹107 Cr951,544
↓ -186,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 30 Sep 18 | LT
5%₹105 Cr658,225
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 532215
4%₹97 Cr1,372,653
United Breweries Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 30 Sep 19 | 532478
4%₹94 Cr654,911
Torrent Pharmaceuticals Ltd Shs Dematerialised (Healthcare)
Equity, Since 31 Oct 19 | TORNTPHARM
4%₹92 Cr300,076
↑ 31,326
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK
4%₹91 Cr640,000
↓ -65,000

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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