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

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8 Best ELSS Tax Saving Mutual Funds 2020

Updated on March 25, 2020 , 36133 views

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

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

ELSS

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

Why Choose ELSS for Tax Savings?

The other major benefits of ELSS are:

Tax Free Returns

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

Minimum Investment Amount

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

Equity Returns

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

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Best Performing ELSS Tax Saving Mutual Funds FY 20 - 21

FundNAVNet Assets (Cr)Rating3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2019 (%)
Motilal Oswal Long Term Equity Fund Growth ₹13.6386
↑ 0.11
₹1,686Not Rated-27.7-23.7-19.3-2.35.213.2
Tata India Tax Savings Fund Growth ₹13.9333
↑ 0.03
₹2,060-28-24.4-22.4-1.23.613.6
BOI AXA Tax Advantage Fund Growth ₹44.94
↓ -0.20
₹280-19.4-14.5-9.22.63.414.6
DSP BlackRock Tax Saver Fund Growth ₹36.792
↑ 0.04
₹6,096-28.9-25.9-22.8-2.83.214.8
Canara Robeco Equity Tax Saver Growth ₹54.04
↓ -0.11
₹1,036-21.4-17.6-16.62.43.110.7
Aditya Birla Sun Life Tax Relief '96 Growth ₹24.71
↓ -0.02
₹10,073-23.4-18.8-20.9-0.63.14.3
Invesco India Tax Plan Growth ₹41.04
↓ -0.21
₹1,028-23.7-19.6-18.90.639.4
Principal Tax Savings Fund Growth ₹152.42
↑ 0.04
₹389-26.8-23.7-26.2-4.12.22.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Mar 20

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

Who Can Invest in ELSS Fund?

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

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

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

1. 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 6.2% since its launch.  Return for 2019 was 13.2% , 2018 was -8.7% and 2017 was 44% .

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

Motilal Oswal Long Term Equity Fund
Growth
Launch Date 21 Jan 15
NAV (27 Mar 20) ₹13.6386 ↑ 0.11   (0.78 %)
Net Assets (Cr) ₹1,686 on 29 Feb 20
Category Equity - ELSS
AMC Motilal Oswal Asset Management Co. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.2
Sharpe Ratio 0.94
Information Ratio 0.31
Alpha Ratio 11.08
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹9,311
28 Feb 17₹13,375
28 Feb 18₹17,009
28 Feb 19₹15,144
29 Feb 20₹17,607

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 ₹349,120.
Net Profit of ₹49,120
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 27 Mar 20

DurationReturns
1 Month -28.3%
3 Month -27.7%
6 Month -23.7%
1 Year -19.3%
3 Year -2.3%
5 Year 5.2%
10 Year
15 Year
Since launch 6.2%
Historical performance (Yearly) on absolute basis
YearReturns
2019 13.2%
2018 -8.7%
2017 44%
2016 12.5%
2015
2014
2013
2012
2011
2010
Fund Manager information for Motilal Oswal Long Term Equity Fund
NameSinceTenure
Aditya Khemani6 Sep 190.32 Yr.
Abhiroop Mukherjee21 Jan 154.95 Yr.

Data below for Motilal Oswal Long Term Equity Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services46.65%
Consumer Cyclical17.67%
Health Care9.42%
Consumer Defensive8.41%
Industrials7.15%
Basic Materials5.37%
Technology2.86%
Real Estate2.05%
Asset Allocation
Asset ClassValue
Cash0.67%
Equity99.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | ICICIBANK
10%₹168 Cr3,195,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | HDFCBANK
8%₹145 Cr1,180,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 532215
7%₹125 Cr1,707,653
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 18 | LT
5%₹87 Cr634,225
↑ 125,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 15 | MARUTI
4%₹76 Cr110,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Apr 19 | 540611
4%₹75 Cr700,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | JUBLFOOD
4%₹74 Cr389,669
↑ 40,000
United Breweries Ltd (Consumer Defensive)
Equity, Since 30 Sep 19 | 532478
4%₹72 Cr567,725
Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Oct 19 | TORNTPHARM
4%₹69 Cr358,081
↑ 102,500
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Aug 19 | 500696
4%₹62 Cr305,000

2. 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 6.3% since its launch.  Ranked 1 in ELSS category.  Return for 2019 was 13.6% , 2018 was -8.4% and 2017 was 46% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (27 Mar 20) ₹13.9333 ↑ 0.03   (0.19 %)
Net Assets (Cr) ₹2,060 on 29 Feb 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 0.46
Information Ratio -0.3
Alpha Ratio 0.94
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,762
28 Feb 17₹11,804
28 Feb 18₹14,663
28 Feb 19₹13,985
29 Feb 20₹15,266

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -26.4%
3 Month -28%
6 Month -24.4%
1 Year -22.4%
3 Year -1.2%
5 Year 3.6%
10 Year
15 Year
Since launch 6.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
2012
2011
2010
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Rupesh Patel1 Apr 154.59 Yr.
Ennette Fernandes18 Jun 181.37 Yr.

Data below for Tata India Tax Savings Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services40.83%
Consumer Cyclical10.91%
Energy9.34%
Technology8.88%
Industrials8.03%
Basic Materials4.57%
Health Care4.13%
Communication Services2.92%
Consumer Defensive2.34%
Real Estate0.84%
Asset Allocation
Asset ClassValue
Cash7.19%
Equity92.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹189 Cr3,800,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
8%₹161 Cr5,325,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹151 Cr1,282,000
(A) Treps
CBLO/Reverse Repo | -
6%₹125 Cr
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
6%₹123 Cr565,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
6%₹123 Cr1,680,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
6%₹116 Cr870,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹105 Cr1,500,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
3%₹60 Cr1,150,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹60 Cr300,000

3. 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 14.5% since its launch.  Ranked 13 in ELSS category.  Return for 2019 was 14.6% , 2018 was -16.3% and 2017 was 57.7% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (27 Mar 20) ₹44.94 ↓ -0.20   (-0.44 %)
Net Assets (Cr) ₹280 on 29 Feb 20
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 3.02
Sharpe Ratio 1.32
Information Ratio 0.52
Alpha Ratio 16.52
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,239
28 Feb 17₹10,494
28 Feb 18₹14,313
28 Feb 19₹11,995
29 Feb 20₹14,686

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -23.8%
3 Month -19.4%
6 Month -14.5%
1 Year -9.2%
3 Year 2.6%
5 Year 3.4%
10 Year
15 Year
Since launch 14.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 14.6%
2018 -16.3%
2017 57.7%
2016 -1.2%
2015 2.1%
2014 44%
2013 9.1%
2012 24.8%
2011 -24.1%
2010 5.9%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 190.46 Yr.

Data below for BOI AXA Tax Advantage Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services33.43%
Basic Materials12.54%
Consumer Cyclical9.03%
Consumer Defensive8.8%
Health Care8.79%
Industrials7.03%
Technology4.52%
Communication Services4.18%
Energy4.11%
Utility1.15%
Real Estate1.02%
Asset Allocation
Asset ClassValue
Cash5.38%
Equity94.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 500034
7%₹19 Cr43,629
↑ 1,426
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹15 Cr131,575
↓ -4,748
Repo
CBLO/Reverse Repo | -
5%₹14 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹12 Cr243,281
↓ -18,810
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
4%₹12 Cr86,583
Abbott India Ltd (Healthcare)
Equity, Since 31 Aug 18 | 500488
3%₹10 Cr6,158
↑ 427
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
3%₹10 Cr59,607
↓ -3,700
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
3%₹9 Cr60,346
↑ 6,191
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
3%₹7 Cr34,011
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | 540376
2%₹7 Cr28,674

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 10.4% since its launch.  Ranked 12 in ELSS category.  Return for 2019 was 14.8% , 2018 was -7.6% and 2017 was 36.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (27 Mar 20) ₹36.792 ↑ 0.04   (0.11 %)
Net Assets (Cr) ₹6,096 on 29 Feb 20
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio 0.62
Information Ratio 0.07
Alpha Ratio 6.72
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,574
28 Feb 17₹12,141
28 Feb 18₹14,249
28 Feb 19₹13,625
29 Feb 20₹15,190

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -27.5%
3 Month -28.9%
6 Month -25.9%
1 Year -22.8%
3 Year -2.8%
5 Year 3.2%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
2019 14.8%
2018 -7.6%
2017 36.3%
2016 11.3%
2015 4.4%
2014 52.2%
2013 6.7%
2012 39.8%
2011 -26.7%
2010 23.3%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 154.46 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services28.25%
Basic Materials10.21%
Consumer Cyclical9.58%
Energy9.23%
Industrials8.17%
Technology7.03%
Health Care6.82%
Communication Services6.57%
Utility4.89%
Consumer Defensive4.6%
Real Estate1.45%
Asset Allocation
Asset ClassValue
Cash3.2%
Equity96.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
7%₹473 Cr8,989,466
↑ 717,008
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
7%₹435 Cr3,545,249
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
6%₹353 Cr7,105,725
↑ 638,291
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
5%₹317 Cr4,343,049
↑ 291,760
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹286 Cr3,685,639
↓ -295,570
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
4%₹233 Cr1,652,795
State Bank of India (Financial Services)
Equity, Since 30 Sep 19 | SBIN
3%₹196 Cr6,161,541
↓ -1,869,239
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
3%₹175 Cr397,237
↑ 52,943
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 19 | 500547
2%₹145 Cr3,162,904
↑ 246,670
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | CROMPTON
2%₹143 Cr5,035,792

5. 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 16.3% since its launch.  Ranked 36 in ELSS category.  Return for 2019 was 10.7% , 2018 was 2.7% and 2017 was 32% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (27 Mar 20) ₹54.04 ↓ -0.11   (-0.20 %)
Net Assets (Cr) ₹1,036 on 29 Feb 20
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.32
Sharpe Ratio 0.89
Information Ratio 0.66
Alpha Ratio 10.65
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹7,993
28 Feb 17₹10,225
28 Feb 18₹12,324
28 Feb 19₹12,607
29 Feb 20₹14,526

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -24.8%
3 Month -21.4%
6 Month -17.6%
1 Year -16.6%
3 Year 2.4%
5 Year 3.1%
10 Year
15 Year
Since launch 16.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.7%
2018 2.7%
2017 32%
2016 0%
2015 0.6%
2014 45.2%
2013 5.3%
2012 30%
2011 -16.3%
2010 24.9%
Fund Manager information for Canara Robeco Equity Tax Saver
NameSinceTenure
Shridatta Bhandwaldar1 Oct 190.16 Yr.
Cheenu Gupta12 Mar 181.72 Yr.

Data below for Canara Robeco Equity Tax Saver as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services32.61%
Health Care13.11%
Consumer Defensive10.94%
Industrials9.97%
Technology7.76%
Basic Materials6.98%
Energy6.59%
Consumer Cyclical4.68%
Communication Services3.39%
Asset Allocation
Asset ClassValue
Cash3.91%
Equity96.09%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
7%₹69 Cr1,386,000
↑ 50,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE
7%₹68 Cr514,000
↑ 37,500
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
6%₹61 Cr136,650
↑ 7,500
Treps
CBLO/Reverse Repo | -
6%₹58 Cr
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
6%₹58 Cr789,500
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
5%₹48 Cr408,184
↓ -275,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 500696
4%₹47 Cr213,830
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹44 Cr628,500
↑ 177,500
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB
4%₹44 Cr206,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 29 Feb 20 | BHARTIARTL
3%₹35 Cr672,000
↑ 672,000

6. 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 7.8% since its launch.  Ranked 4 in ELSS category.  Return for 2019 was 4.3% , 2018 was -4.5% and 2017 was 43.2% .

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

Aditya Birla Sun Life Tax Relief '96
Growth
Launch Date 6 Mar 08
NAV (27 Mar 20) ₹24.71 ↓ -0.02   (-0.08 %)
Net Assets (Cr) ₹10,073 on 29 Feb 20
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 0.17
Information Ratio 0.12
Alpha Ratio 0.23
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,696
28 Feb 17₹11,108
28 Feb 18₹14,197
28 Feb 19₹13,725
29 Feb 20₹14,366

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -23%
3 Month -23.4%
6 Month -18.8%
1 Year -20.9%
3 Year -0.6%
5 Year 3.1%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 4.3%
2018 -4.5%
2017 43.2%
2016 3.4%
2015 9.2%
2014 54.6%
2013 9.1%
2012 36.6%
2011 -29.6%
2010 13.5%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0613.26 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services23.84%
Health Care15.57%
Industrials14.4%
Basic Materials12.68%
Consumer Cyclical10.79%
Energy8.26%
Consumer Defensive7.33%
Technology5.43%
Asset Allocation
Asset ClassValue
Cash1.77%
Equity98.23%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
8%₹851 Cr6,028,079
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
8%₹850 Cr3,522,583
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
8%₹819 Cr292,357
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
7%₹707 Cr1,705,226
↑ 22,628
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
6%₹590 Cr3,545,290
↑ 132,763
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
5%₹549 Cr879,261
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
5%₹512 Cr1,239,841
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹444 Cr2,626,017
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹415 Cr3,027,803
↑ 100,725
Johnson Controls - Hitachi Air Conditioning India Ltd (Technology)
Equity, Since 28 Feb 15 | 523398
3%₹306 Cr1,268,198

7. Invesco India Tax Plan

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

Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.3% since its launch.  Ranked 17 in ELSS category.  Return for 2019 was 9.4% , 2018 was -1.3% and 2017 was 35.7% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (27 Mar 20) ₹41.04 ↓ -0.21   (-0.51 %)
Net Assets (Cr) ₹1,028 on 29 Feb 20
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio 0.75
Information Ratio 0.61
Alpha Ratio 7.6
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,344
28 Feb 17₹10,902
28 Feb 18₹13,372
28 Feb 19₹13,118
29 Feb 20₹14,768

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -25.6%
3 Month -23.7%
6 Month -19.6%
1 Year -18.9%
3 Year 0.6%
5 Year 3%
10 Year
15 Year
Since launch 11.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.4%
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
2013 10.1%
2012 30.3%
2011 -18.9%
2010 22.1%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 181.76 Yr.
Dhimant Kothari29 Mar 181.76 Yr.

Data below for Invesco India Tax Plan as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services38.03%
Consumer Cyclical9.98%
Technology9.43%
Energy9.06%
Industrials6.76%
Health Care6.14%
Consumer Defensive6.1%
Basic Materials5.47%
Utility2.74%
Communication Services1.93%
Asset Allocation
Asset ClassValue
Cash3.31%
Equity96.69%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹92 Cr784,840
↑ 73,161
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
8%₹86 Cr648,343
↑ 59,987
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹79 Cr1,596,951
↑ 45,035
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹69 Cr314,892
↑ 25,771
Triparty Repo
CBLO/Reverse Repo | -
6%₹58 Cr
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
5%₹52 Cr704,542
↑ 26,418
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹40 Cr243,874
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jul 18 | 500034
3%₹34 Cr76,739
↑ 12,674
Axis Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | 532215
3%₹33 Cr470,681
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
3%₹33 Cr149,509

8. 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 14% since its launch.  Ranked 8 in ELSS category.  Return for 2019 was 2.5% , 2018 was -9.2% and 2017 was 48.8% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (27 Mar 20) ₹152.42 ↑ 0.04   (0.03 %)
Net Assets (Cr) ₹389 on 29 Feb 20
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.02
Information Ratio -0.42
Alpha Ratio -2.16
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,116
28 Feb 17₹11,603
28 Feb 18₹14,896
28 Feb 19₹13,427
29 Feb 20₹13,701

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 ₹323,701.
Net Profit of ₹23,701
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 27 Mar 20

DurationReturns
1 Month -25.3%
3 Month -26.8%
6 Month -23.7%
1 Year -26.2%
3 Year -4.1%
5 Year 2.2%
10 Year
15 Year
Since launch 14%
Historical performance (Yearly) on absolute basis
YearReturns
2019 2.5%
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
2013 8.5%
2012 46.5%
2011 -30.4%
2010 15%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 190.17 Yr.

Data below for Principal Tax Savings Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services34.49%
Consumer Defensive11.95%
Industrials9.05%
Technology8.07%
Consumer Cyclical7.82%
Energy7.32%
Basic Materials6.57%
Health Care5.54%
Utility4.52%
Communication Services1.87%
Asset Allocation
Asset ClassValue
Cash2.72%
Equity97.28%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
8%₹30 Cr255,638
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹27 Cr536,104
↑ 9,956
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
6%₹22 Cr168,133
↑ 7,827
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
4%₹17 Cr144,140
↑ 15,670
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
4%₹15 Cr203,883
↓ -27,015
Treps 02-Mar-2020
CBLO/Reverse Repo | -
4%₹14 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
4%₹14 Cr84,915
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹13 Cr445,461
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
3%₹13 Cr61,980
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹12 Cr60,516

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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