+91-22-62820123
Table of Contents
8 Best ELSS Tax Saving Mutual Funds 2019
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.
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.
Talk to our investment specialist
Best Performing ELSS Tax Saving Mutual Funds FY 19 - 20
Fund NAV Net Assets (Cr) Rating 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2018 (%) Tata India Tax Savings Fund Growth ₹18.8651
↓ -0.12 ₹1,919 ☆☆☆☆☆ 8.4 7.7 16.4 11 12.5 -8.4 Aditya Birla Sun Life Tax Relief '96 Growth ₹31.63
↓ -0.26 ₹9,129 ☆☆☆☆ 10.1 3.2 7.1 9.9 11.2 -4.5 DSP BlackRock Tax Saver Fund Growth ₹51
↓ -0.41 ₹5,841 ☆☆☆☆ 9.7 8.6 18.2 10.1 11.2 -7.6 Invesco India Tax Plan Growth ₹52.63
↓ -0.41 ₹912 ☆☆☆ 8.9 7.8 11.7 11 10.4 -1.3 Kotak Tax Saver Scheme Growth ₹45.47
↓ -0.28 ₹947 ☆☆☆ 7.8 5.6 14.2 9.5 9.9 -3.8 IDBI Equity Advantage Fund Growth ₹27.84
↓ -0.14 ₹589 ☆☆☆ 11.8 10.5 8.7 8.3 9.6 -1.7 IDFC Tax Advantage (ELSS) Fund Growth ₹54.11
↓ -0.14 ₹1,994 ☆☆☆☆☆ 6.4 -0.8 2.5 8.8 9.5 -9.4 LIC MF Tax Plan Growth ₹71.246
↓ -0.35 ₹244 ☆ 10.1 11.4 15.6 11.4 9.3 -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.
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 Below is the key information for Tata India Tax Savings Fund Returns up to 1 year are on 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 Below is the key information for Aditya Birla Sun Life Tax Relief '96 Returns up to 1 year are on 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 Below is the key information for DSP BlackRock Tax Saver Fund Returns up to 1 year are on 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 Below is the key information for Invesco India Tax Plan Returns up to 1 year are on 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 Below is the key information for Kotak Tax Saver Scheme Returns up to 1 year are on 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 Below is the key information for IDBI Equity Advantage Fund Returns up to 1 year are on 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 Below is the key information for IDFC Tax Advantage (ELSS) Fund Returns up to 1 year are on 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 Below is the key information for LIC MF Tax Plan Returns up to 1 year are on 1. Tata India Tax Savings Fund
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% . 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.
Date Value 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 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19 Duration Returns 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
Year Returns 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
Name Since Tenure Rupesh Patel 1 Apr 15 3.84 Yr. Ennette Fernandes 18 Jun 18 0.62 Yr. Data below for Tata India Tax Savings Fund as on 30 Sep 19
Equity Sector Allocation
Sector Value Financial Services 42.62% Industrials 10.11% Technology 9.79% Energy 9.28% Consumer Cyclical 9.14% Health Care 5.95% Basic Materials 3.58% Consumer Defensive 3.2% Communication Services 2.03% Real Estate 0.84% Asset Allocation
Asset Class Value Cash 0.86% Equity 96.54% Other 2.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK10% ₹184 Cr 4,241,000
↑ 226,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK8% ₹157 Cr 1,282,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY7% ₹135 Cr 1,680,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322155% ₹103 Cr 1,500,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN5% ₹102 Cr 3,750,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE5% ₹97 Cr 730,000
↑ 230,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK4% ₹81 Cr 495,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC4% ₹67 Cr 340,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 16 | 5000343% ₹61 Cr 150,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹52 Cr 250,000 2. Aditya Birla Sun Life Tax Relief '96
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% . 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.
Date Value 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 Returns for Aditya Birla Sun Life Tax Relief '96
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19 Duration Returns 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
Year Returns 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
Name Since Tenure Ajay Garg 1 Oct 06 12.84 Yr. Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Sep 19
Equity Sector Allocation
Sector Value Financial Services 22.78% Consumer Cyclical 14.64% Industrials 13.59% Health Care 12.36% Basic Materials 10.78% Consumer Defensive 9.38% Energy 8.78% Technology 4.74% Asset Allocation
Asset Class Value Cash 2.95% Equity 97.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 5171749% ₹806 Cr 281,118
↑ 5,133 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE9% ₹801 Cr 6,012,936
↑ 346,297 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC7% ₹648 Cr 3,280,120
↑ 547,172 Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE7% ₹623 Cr 877,433 Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER6% ₹544 Cr 1,623,958
↑ 6,176 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK5% ₹432 Cr 2,626,017 GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 5006605% ₹422 Cr 3,036,075
↑ 71,550 Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 5062854% ₹406 Cr 1,211,346
↑ 22,027 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT4% ₹397 Cr 2,693,268
↑ 19,287 Clearing Corporation Of India Limited
CBLO | -3% ₹294 Cr 3. DSP BlackRock Tax Saver Fund
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% . 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.
Date Value 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 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19 Duration Returns 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
Year Returns 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
Name Since Tenure Rohit Singhania 16 Jul 15 3.55 Yr. Data below for DSP BlackRock Tax Saver Fund as on 30 Sep 19
Equity Sector Allocation
Sector Value Financial Services 35.98% Energy 9.85% Industrials 9.44% Basic Materials 9% Technology 7.22% Health Care 6.9% Consumer Cyclical 5.46% Consumer Defensive 4.41% Utility 3.44% Communication Services 2.32% Real Estate 0.46% Asset Allocation
Asset Class Value Cash 5.51% Equity 94.49% Debt 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK10% ₹560 Cr 12,909,219
↑ 1,546,911 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK10% ₹556 Cr 4,533,283
↑ 662,197 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322155% ₹292 Cr 4,264,970
↑ 784,720 Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE5% ₹265 Cr 1,988,382
↑ 187,481 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -4% ₹239 Cr Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT4% ₹210 Cr 1,423,286
↑ 365,570 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK3% ₹181 Cr 1,098,092
↓ -199,803 Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 5008203% ₹157 Cr 890,894
↓ -66,414 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL2% ₹135 Cr 3,685,430
↑ 787,217 Tech Mahindra Ltd (Technology)
Equity, Since 30 Jun 19 | 5327552% ₹119 Cr 1,668,101 4. Invesco India Tax Plan
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% . 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.
Date Value 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 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19 Duration Returns 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
Year Returns 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
Name Since Tenure Amit Ganatra 29 Mar 18 0.85 Yr. Dhimant Kothari 29 Mar 18 0.85 Yr. Data below for Invesco India Tax Plan as on 30 Sep 19
Equity Sector Allocation
Sector Value Financial Services 33.31% Consumer Defensive 10.92% Industrials 9.68% Technology 9.24% Consumer Cyclical 8.74% Energy 8.73% Health Care 5.72% Basic Materials 5.27% Utility 2.28% Communication Services 1.65% Asset Allocation
Asset Class Value Cash 4.48% Equity 95.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK9% ₹83 Cr 678,130
↑ 7,968 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE8% ₹70 Cr 522,200
↑ 22,730 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK7% ₹62 Cr 1,421,664
↑ 21,105 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC6% ₹57 Cr 289,121
↑ 11,383 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS5% ₹47 Cr 224,486
↑ 13,920 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT5% ₹43 Cr 292,256
↑ 23,588 Triparty Repo
CBLO/Reverse Repo | -5% ₹43 Cr ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC5% ₹42 Cr 1,615,672
↑ 209,716 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK3% ₹30 Cr 183,772
↓ -15,085 UltraTech Cement Ltd (Basic Materials)
Equity, Since 30 Apr 19 | ULTRACEMCO3% ₹24 Cr 56,041
↑ 10,105 5. Kotak Tax Saver Scheme
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% . 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.
Date Value 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 Returns for Kotak Tax Saver Scheme
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19 Duration Returns 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
Year Returns 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
Name Since Tenure Harsha Upadhyaya 25 Aug 15 3.44 Yr. Data below for Kotak Tax Saver Scheme as on 30 Sep 19
Equity Sector Allocation
Sector Value Financial Services 27.73% Industrials 20.11% Basic Materials 17.05% Technology 8.8% Energy 8.25% Consumer Defensive 6.34% Consumer Cyclical 4.83% Utility 3.1% Health Care 2.19% Asset Allocation
Asset Class Value Cash 1.57% Equity 98.39% Other 0.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE7% ₹62 Cr 464,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹61 Cr 1,400,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK6% ₹59 Cr 480,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 5322156% ₹53 Cr 775,000 GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 5006764% ₹38 Cr 45,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT4% ₹37 Cr 250,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY4% ₹36 Cr 450,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS4% ₹36 Cr 170,000 SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF3% ₹29 Cr 105,000 AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 5406113% ₹26 Cr 400,000
↑ 5,000 6. IDBI Equity Advantage Fund
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% . 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.
Date Value 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 Returns for IDBI Equity Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19 Duration Returns 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
Year Returns 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
Name Since Tenure Uma Venkatraman 1 Jul 18 0.59 Yr. Ayushi Sethia 9 Oct 18 0.31 Yr. Data below for IDBI Equity Advantage Fund as on 30 Sep 19
Equity Sector Allocation
Sector Value Consumer Cyclical 27.02% Financial Services 19.5% Consumer Defensive 19.2% Basic Materials 12.11% Industrials 10.43% Health Care 3.49% Asset Allocation
Asset Class Value Cash 8.24% Equity 91.76% Top Securities Holdings / Portfolio
Name Holding Value Quantity Treps
CBLO/Reverse Repo | -9% ₹50 Cr 5,020,093
↑ 2,124,556 Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Sep 13 | PIDILITIND6% ₹35 Cr 242,235 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Nov 13 | CHOLAFIN6% ₹33 Cr 1,067,825 Bata India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 5000436% ₹33 Cr 190,489 VST Industries Ltd (Consumer Defensive)
Equity, Since 30 Sep 13 | 5099666% ₹33 Cr 86,262 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 13 | KOTAKBANK5% ₹31 Cr 191,141 MRF Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 5002905% ₹31 Cr 4,827 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jan 14 | 5323435% ₹28 Cr 671,959 Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 13 | 5008205% ₹28 Cr 159,407 Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Sep 13 | 5328274% ₹26 Cr 11,670
↓ -2,000 7. IDFC Tax Advantage (ELSS) Fund
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% . 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.
Date Value 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 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19 Duration Returns 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
Year Returns 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
Name Since Tenure Daylynn Pinto 20 Oct 16 2.61 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Sep 19
Equity Sector Allocation
Sector Value Financial Services 27.71% Industrials 15.37% Basic Materials 13.91% Consumer Cyclical 13.1% Technology 7.76% Energy 6.09% Health Care 4.59% Consumer Defensive 4.4% Utility 1.62% Asset Allocation
Asset Class Value Cash 4.81% Equity 95.18% Other 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK7% ₹143 Cr 3,300,000 Triparty Repo
CBLO/Reverse Repo | -5% ₹99 Cr HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹83 Cr 680,000 Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 5322154% ₹75 Cr 1,100,000
↑ 25,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN3% ₹68 Cr 2,500,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE3% ₹67 Cr 500,000
↓ -50,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹64 Cr 800,000 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹52 Cr 1,360,000
↑ 30,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT2% ₹47 Cr 320,000 RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK2% ₹44 Cr 1,350,000
↑ 250,000 8. LIC MF Tax Plan
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% . 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.
Date Value 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 Returns for LIC MF Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 19 Duration Returns 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
Year Returns 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
Name Since Tenure Sachin Relekar 5 Mar 15 3.91 Yr. Data below for LIC MF Tax Plan as on 30 Sep 19
Equity Sector Allocation
Sector Value Financial Services 41.03% Consumer Cyclical 12.65% Technology 12.15% Basic Materials 10.03% Consumer Defensive 9.34% Energy 3.34% Real Estate 2.54% Industrials 2.28% Health Care 1.73% Utility 0.26% Asset Allocation
Asset Class Value Cash 4.64% Equity 95.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK8% ₹19 Cr 156,190 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 5000346% ₹14 Cr 35,200 Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY6% ₹14 Cr 171,256
↑ 13,700 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK6% ₹14 Cr 318,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS5% ₹12 Cr 58,900
↑ 5,400 City Union Bank Ltd (Financial Services)
Equity, Since 31 Mar 14 | CUB5% ₹11 Cr 518,285
↑ 15,000 Treps
CBLO/Reverse Repo | -5% ₹11 Cr Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 5329784% ₹11 Cr 12,500 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 5403764% ₹10 Cr 51,192 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK3% ₹8 Cr 51,430
ELSS SIP Calculator
Know Your SIP Returns
How to Invest in Best ELSS Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2019 Shepard Technologies Private Limited. All Rights Reserved