fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
Top 8 Best ELSS Tax Saving Mutual Funds 2019 – 2020

Fincash » Mutual Funds » Best ELSS Tax Saving Mutual Funds

Top 8 Best ELSS Tax Saving Mutual Funds 2019 – 2020

Updated on January 16, 2019 , 5742 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.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

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.

Best Performing ELSS Tax Saving Mutual Funds

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2017 (%)
Aditya Birla Sun Life Tax Relief '96 Growth ₹30.49
↓ -0.01
₹6,9843.6-1.6-4.71519.2-4.5
IDBI Equity Advantage Fund Growth ₹25.6
↓ -0.11
₹6274.4-3.4-5.711.318.1-1.7
Invesco India Tax Plan Growth ₹48.68
↓ -0.16
₹6682.7-3.2-3.314.518.1-1.3
DSP BlackRock Tax Saver Fund Growth ₹44.711
↓ -0.25
₹4,5675.8-0.1-8.414.617.5-7.6
Principal Tax Savings Fund Growth ₹200.82
↓ -0.98
₹3793.3-0.6-11.516.917.3-9.2
Kotak Tax Saver Scheme Growth ₹41.338
↓ -0.23
₹7665.31.1-4.514.717.3-3.8
Reliance Tax Saver Fund (ELSS) Growth ₹53.7626
↓ -0.60
₹9,8484.81-22.19.817.2-20.7
Franklin India Taxshield Growth ₹542.632
↓ -2.26
₹3,6873.7-1.6-4.21216.5-3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Jan 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. 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 10.8% 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 (18 Jan 19) ₹30.49 ↓ -0.01   (-0.03 %)
Net Assets (Cr) ₹6,984 on 30 Nov 18
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.42
Sharpe Ratio -0.19
Information Ratio -0.06
Alpha Ratio -4.39
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹15,455
31 Dec 15₹16,875
31 Dec 16₹17,446
31 Dec 17₹24,977
31 Dec 18₹23,843

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 ₹493,520.
Net Profit of ₹193,520
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 18 Jan 19

DurationReturns
1 Month -1%
3 Month 3.6%
6 Month -1.6%
1 Year -4.7%
3 Year 15%
5 Year 19.2%
10 Year
15 Year
Since launch 10.8%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -4.5%
2016 43.2%
2015 3.4%
2014 9.2%
2013 54.6%
2012 9.1%
2011 36.6%
2010 -29.6%
2009 13.5%
2008 102.8%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0612.09 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Nov 18

Equity Sector Allocation
SectorValue
Consumer Cyclical21.81%
Financial Services18.86%
Health Care13.38%
Basic Materials11.16%
Industrials11.13%
Consumer Defensive9.06%
Energy7.22%
Technology5.02%
Asset Allocation
Asset ClassValue
Cash2.71%
Equity97.65%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
8%₹545 Cr247,838
↑ 5,067
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
7%₹522 Cr4,651,330
↑ 126,000
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹490 Cr753,410
↑ 13,445
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
6%₹431 Cr1,021,887
↑ 20,411
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
5%₹391 Cr1,368,850
↑ 33,281
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
5%₹372 Cr2,456,639
↑ 50,823
Thomas Cook India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 15 | THOMASCOOK
5%₹350 Cr14,941,212
↑ 460,039
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
5%₹330 Cr1,676,393
Sundaram Clayton Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | 520056
4%₹319 Cr878,222
↑ 1,957
Shoppers Stop Ltd (Consumer Cyclical)
Equity, Since 31 Oct 10 | 532638
4%₹256 Cr4,736,904
↑ 154,121

2. 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 (18 Jan 19) ₹25.6 ↓ -0.11   (-0.43 %)
Net Assets (Cr) ₹627 on 30 Nov 18
Category Equity - ELSS
AMC IDBI Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.86
Sharpe Ratio -0.12
Information Ratio -0.44
Alpha Ratio -3.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹17,118
31 Dec 15₹17,645
31 Dec 16₹17,636
31 Dec 17₹23,866
31 Dec 18₹23,453

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 ₹481,656.
Net Profit of ₹181,656
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 18 Jan 19

DurationReturns
1 Month -3.6%
3 Month 4.4%
6 Month -3.4%
1 Year -5.7%
3 Year 11.3%
5 Year 18.1%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2017 -1.7%
2016 35.3%
2015 0%
2014 3.1%
2013 71.2%
2012
2011
2010
2009
2008
Fund Manager information for IDBI Equity Advantage Fund
NameSinceTenure
Uma Venkatraman1 Jul 180.33 Yr.
Ayushi Sethia9 Oct 180.06 Yr.

Data below for IDBI Equity Advantage Fund as on 30 Nov 18

Equity Sector Allocation
SectorValue
Consumer Cyclical33.6%
Financial Services22.09%
Consumer Defensive19.46%
Industrials11.61%
Basic Materials11.4%
Asset Allocation
Asset ClassValue
Cash1.89%
Equity98.16%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 532343
7%₹46 Cr803,574
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 532827
6%₹40 Cr15,969
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN
6%₹39 Cr308,490
GRUH Finance Ltd (Financial Services)
Equity, Since 30 Sep 13 | 511288
6%₹38 Cr1,188,209
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND
6%₹36 Cr322,946
MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 500290
5%₹33 Cr4,950
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK
5%₹31 Cr246,474
Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | EICHERMOT
5%₹30 Cr13,037
VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 509966
5%₹29 Cr88,342
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 500820
4%₹27 Cr194,293

3. 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 14% 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 (18 Jan 19) ₹48.68 ↓ -0.16   (-0.33 %)
Net Assets (Cr) ₹668 on 30 Nov 18
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.71
Sharpe Ratio 0.03
Information Ratio -0.32
Alpha Ratio -1.03
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹15,430
31 Dec 15₹16,326
31 Dec 16₹16,885
31 Dec 17₹22,921
31 Dec 18₹22,634

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 ₹481,656.
Net Profit of ₹181,656
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 18 Jan 19

DurationReturns
1 Month -0.8%
3 Month 2.7%
6 Month -3.2%
1 Year -3.3%
3 Year 14.5%
5 Year 18.1%
10 Year
15 Year
Since launch 14%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -1.3%
2016 35.7%
2015 3.4%
2014 5.8%
2013 54.3%
2012 10.1%
2011 30.3%
2010 -18.9%
2009 22.1%
2008 83.5%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 180.59 Yr.
Dhimant Kothari29 Mar 180.59 Yr.

Data below for Invesco India Tax Plan as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services33.53%
Consumer Cyclical16.12%
Industrials11.24%
Technology10.39%
Energy8.8%
Consumer Defensive6.3%
Health Care4.49%
Basic Materials3.22%
Utility3.19%
Asset Allocation
Asset ClassValue
Cash2.71%
Equity97.29%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹63 Cr295,921
↑ 15,985
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
7%₹47 Cr417,453
↑ 1,156
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹47 Cr236,674
↑ 37,797
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹42 Cr1,167,075
↑ 95,337
Triparty Repo
CBLO/Reverse Repo | -
6%₹40 Cr
Infosys Ltd (Technology)
Equity, Since 30 Jun 15 | INFY
5%₹36 Cr541,233
↓ -105,392
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
4%₹31 Cr214,136
↑ 32,432
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | INDUSINDBK
4%₹29 Cr181,440
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 09 | MARUTI
3%₹23 Cr30,373
↓ -6,748
Net Receivables / (Payables)
Net Current Assets | -
3%-₹21 Cr

4. 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 13.3% 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 (18 Jan 19) ₹44.711 ↓ -0.25   (-0.55 %)
Net Assets (Cr) ₹4,567 on 30 Nov 18
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio -0.39
Information Ratio -0.22
Alpha Ratio -5.51
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹15,221
31 Dec 15₹15,891
31 Dec 16₹17,682
31 Dec 17₹24,099
31 Dec 18₹22,258

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 ₹470,047.
Net Profit of ₹170,047
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 18 Jan 19

DurationReturns
1 Month -0.4%
3 Month 5.8%
6 Month -0.1%
1 Year -8.4%
3 Year 14.6%
5 Year 17.5%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -7.6%
2016 36.3%
2015 11.3%
2014 4.4%
2013 52.2%
2012 6.7%
2011 39.8%
2010 -26.7%
2009 23.3%
2008 84.2%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 153.3 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services38.85%
Technology12.57%
Basic Materials10.55%
Industrials7.83%
Health Care7.13%
Consumer Defensive5.64%
Consumer Cyclical4.81%
Energy3.86%
Utility2.39%
Real Estate0.72%
Asset Allocation
Asset ClassValue
Cash4.39%
Equity95.46%
Other0.15%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹438 Cr12,166,301
↑ 1,450,347
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
9%₹400 Cr1,882,985
↑ 32,958
Treps / Reverse Repo Investments
CBLO/Reverse Repo | -
4%₹205 Cr
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹189 Cr2,865,745
↑ 770,998
State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN
4%₹188 Cr6,370,022
↑ 318,603
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
4%₹177 Cr1,230,394
↑ 133,353
Tech Mahindra Ltd (Technology)
Equity, Since 30 Jun 18 | 532755
3%₹137 Cr1,893,615
↓ -414,013
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
2%₹99 Cr1,599,318
↑ 627,821
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA
2%₹98 Cr1,342,803
↑ 234,577
ITC Ltd (Consumer Defensive)
Equity, Since 31 Dec 18 | ITC
2%₹97 Cr3,456,080
↑ 3,456,080

5. Principal Tax Savings Fund

To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation.

Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.1% since its launch.  Ranked 8 in ELSS category.  Return for 2018 was -9.2% , 2017 was 48.8% and 2016 was 6.2% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (18 Jan 19) ₹200.82 ↓ -0.98   (-0.49 %)
Net Assets (Cr) ₹379 on 30 Nov 18
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.88
Sharpe Ratio -0.51
Information Ratio 0.29
Alpha Ratio -6.53
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹14,945
31 Dec 15₹15,348
31 Dec 16₹16,298
31 Dec 17₹24,251
31 Dec 18₹22,021

Principal 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 ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Principal 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 18 Jan 19

DurationReturns
1 Month -1%
3 Month 3.3%
6 Month -0.6%
1 Year -11.5%
3 Year 16.9%
5 Year 17.3%
10 Year
15 Year
Since launch 16.1%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -9.2%
2016 48.8%
2015 6.2%
2014 2.7%
2013 49.4%
2012 8.5%
2011 46.5%
2010 -30.4%
2009 15%
2008 64.7%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
P.V.K. Mohan1 Sep 108.17 Yr.

Data below for Principal Tax Savings Fund as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services26.61%
Consumer Defensive12.95%
Basic Materials12.55%
Technology10.36%
Industrials9.28%
Consumer Cyclical9.24%
Utility6.78%
Health Care4.18%
Energy3.93%
Communication Services1.32%
Asset Allocation
Asset ClassValue
Cash3.27%
Equity97.21%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
5%₹19 Cr91,334
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹18 Cr509,143
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
4%₹15 Cr134,452
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹13 Cr68,640
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹13 Cr455,396
Treps 01-Jan-2019
CBLO/Reverse Repo | -
3%₹12 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
3%₹11 Cr77,262
Tata Power Co Ltd (Utilities)
Equity, Since 30 Nov 17 | 500400
3%₹11 Cr1,442,240
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹11 Cr369,851
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
3%₹11 Cr161,594

6. 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 11.4% 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 (18 Jan 19) ₹41.338 ↓ -0.23   (-0.54 %)
Net Assets (Cr) ₹766 on 30 Nov 18
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.73
Sharpe Ratio -0.3
Information Ratio 0
Alpha Ratio -2.4
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹15,661
31 Dec 15₹15,892
31 Dec 16₹17,078
31 Dec 17₹22,844
31 Dec 18₹21,975

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 ₹470,047.
Net Profit of ₹170,047
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 18 Jan 19

DurationReturns
1 Month -0.8%
3 Month 5.3%
6 Month 1.1%
1 Year -4.5%
3 Year 14.7%
5 Year 17.3%
10 Year
15 Year
Since launch 11.4%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -3.8%
2016 33.8%
2015 7.5%
2014 1.5%
2013 56.6%
2012 -6.3%
2011 36.2%
2010 -26%
2009 19.9%
2008 75%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.19 Yr.

Data below for Kotak Tax Saver Scheme as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services25.64%
Industrials16.74%
Basic Materials14.21%
Technology11.12%
Energy7.46%
Consumer Defensive7.05%
Consumer Cyclical5.74%
Health Care4.68%
Utility4.49%
Asset Allocation
Asset ClassValue
Cash1.62%
Equity97.17%
Debt0%
Other1.21%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹52 Cr464,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
7%₹51 Cr240,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹48 Cr1,325,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
5%₹35 Cr245,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹34 Cr45,000
↑ 5,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹32 Cr170,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
4%₹30 Cr450,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
3%₹26 Cr415,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹25 Cr395,000
Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 30 Jun 18 | BHARATFIN
3%₹22 Cr219,090

7. Reliance Tax Saver Fund (ELSS)

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However, there can be no assurance that the scheme’s investment objective shall be achieved.

Reliance Tax Saver Fund (ELSS) is a Equity - ELSS fund was launched on 21 Sep 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.5% since its launch.  Ranked 16 in ELSS category.  Return for 2018 was -20.7% , 2017 was 46% and 2016 was 4.2% .

Below is the key information for Reliance Tax Saver Fund (ELSS)

Reliance Tax Saver Fund (ELSS)
Growth
Launch Date 21 Sep 05
NAV (18 Jan 19) ₹53.7626 ↓ -0.60   (-1.10 %)
Net Assets (Cr) ₹9,848 on 30 Nov 18
Category Equity - ELSS
AMC Reliance Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 2.41
Sharpe Ratio -1.19
Information Ratio -0.87
Alpha Ratio -25.15
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹18,300
31 Dec 15₹17,765
31 Dec 16₹18,518
31 Dec 17₹27,044
31 Dec 18₹21,451

Reliance Tax Saver Fund (ELSS) 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 Reliance Tax Saver Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jan 19

DurationReturns
1 Month -0.9%
3 Month 4.8%
6 Month 1%
1 Year -22.1%
3 Year 9.8%
5 Year 17.2%
10 Year
15 Year
Since launch 13.5%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -20.7%
2016 46%
2015 4.2%
2014 -2.9%
2013 83%
2012 3.5%
2011 46.1%
2010 -24.2%
2009 22.5%
2008 82%
Fund Manager information for Reliance Tax Saver Fund (ELSS)
NameSinceTenure
Ashwani Kumar22 Sep 0513.12 Yr.
Kinjal Desai25 May 180.44 Yr.

Data below for Reliance Tax Saver Fund (ELSS) as on 30 Nov 18

Equity Sector Allocation
SectorValue
Industrials26.93%
Financial Services22.19%
Consumer Cyclical21.83%
Basic Materials11.54%
Energy7.93%
Consumer Defensive4.18%
Technology3.72%
Health Care0.7%
Utility0.36%
Communication Services0.14%
Asset Allocation
Asset ClassValue
Cash0.15%
Equity99.52%
Other0.32%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN
9%₹889 Cr31,230,000
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Jul 14 | TATASTEEL
6%₹620 Cr11,700,000
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | 532343
6%₹570 Cr10,224,900
↑ 180,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 Aug 17 | TATAMOTORS
5%₹464 Cr27,000,000
↑ 900,000
Honeywell Automation India Ltd (Industrials)
Equity, Since 31 Dec 12 | 517174
5%₹449 Cr202,631
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK
5%₹447 Cr12,600,000
↓ -1,440,000
ABB India Ltd (Industrials)
Equity, Since 31 Mar 12 | 500002
4%₹437 Cr3,105,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 May 18 | ITC
4%₹412 Cr14,400,000
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
4%₹366 Cr5,489,550
↑ 139,500
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
3%₹307 Cr2,142,000
↑ 270,000

8. Franklin India Taxshield

The primary objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate

Franklin India Taxshield is a Equity - ELSS fund was launched on 10 Apr 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 22.4% since its launch.  Ranked 28 in ELSS category.  Return for 2018 was -3% , 2017 was 29.1% and 2016 was 4.7% .

Below is the key information for Franklin India Taxshield

Franklin India Taxshield
Growth
Launch Date 10 Apr 99
NAV (18 Jan 19) ₹542.632 ↓ -2.26   (-0.41 %)
Net Assets (Cr) ₹3,687 on 30 Nov 18
Category Equity - ELSS
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 2.35
Sharpe Ratio -0.26
Information Ratio -0.58
Alpha Ratio -1.65
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹15,693
31 Dec 15₹16,328
31 Dec 16₹17,099
31 Dec 17₹22,076
31 Dec 18₹21,408

Franklin India Taxshield 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 Franklin India Taxshield

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jan 19

DurationReturns
1 Month -0.7%
3 Month 3.7%
6 Month -1.6%
1 Year -4.2%
3 Year 12%
5 Year 16.5%
10 Year
15 Year
Since launch 22.4%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -3%
2016 29.1%
2015 4.7%
2014 4%
2013 56.9%
2012 6.1%
2011 29.4%
2010 -15.2%
2009 23.5%
2008 78.8%
Fund Manager information for Franklin India Taxshield
NameSinceTenure
R. Janakiraman2 May 162.5 Yr.
Lakshmikanth Reddy2 May 162.5 Yr.

Data below for Franklin India Taxshield as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services30.26%
Consumer Cyclical16.41%
Basic Materials10.95%
Utility8.29%
Consumer Defensive7.26%
Energy7.04%
Technology5.4%
Industrials3.16%
Health Care2.53%
Communication Services1.96%
Asset Allocation
Asset ClassValue
Equity93.26%
Other6.74%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 532215
8%₹307 Cr4,949,477
↑ 334,950
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK
8%₹307 Cr1,445,052
Call, Cash & Other Assets
Receivables | -
7%₹254 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Nov 17 | KOTAKBANK
5%₹204 Cr1,624,652
↓ -150,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Oct 14 | M&M
4%₹158 Cr1,959,699
Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 May 17 | HINDALCO
4%₹148 Cr6,549,242
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹145 Cr4,013,153
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Oct 16 | 532898
3%₹128 Cr6,423,306
Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM
3%₹118 Cr1,431,440
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
3%₹113 Cr1,721,884

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

How to Invest in Best ELSS Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

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.
How helpful was this page ?
Rated 4.7, based on 7 reviews.
POST A COMMENT