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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 January 15, 2020 , 29645 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 (%)2018 (%)
Tata India Tax Savings Fund Growth ₹19.5926
↑ 0.02
₹2,0637.36.115.413.811.513.6
DSP BlackRock Tax Saver Fund Growth ₹52.765
↑ 0.12
₹6,1866917.412.410.614.8
Invesco India Tax Plan Growth ₹55.03
↑ 0.20
₹9777.79.712.713.4109.4
HDFC Long Term Advantage Fund Growth ₹380.36
↓ -0.19
₹1,4037.34.110.912.49.710.1
Kotak Tax Saver Scheme Growth ₹48.566
↑ 0.11
₹1,03010.48.816.8139.612.7
Aditya Birla Sun Life Tax Relief '96 Growth ₹32.99
↑ 0.11
₹9,9987.89.68.212.59.54.3
L&T Tax Advantage Fund Growth ₹57.468
↑ 0.25
₹3,3969.47.59.710.994.6
BOI AXA Tax Advantage Fund Growth ₹57.03
↑ 0.22
₹2577.913.519.213.98.814.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Jan 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. Tata India Tax Savings Fund

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation..

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.6% 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 (17 Jan 20) ₹19.5926 ↑ 0.02   (0.09 %)
Net Assets (Cr) ₹2,063 on 30 Nov 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 0.86
Information Ratio -0.33
Alpha Ratio -0.71
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹11,331
31 Dec 16₹11,574
31 Dec 17₹16,898
31 Dec 18₹15,482
31 Dec 19₹17,586

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 ₹405,518.
Net Profit of ₹105,518
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 17 Jan 20

DurationReturns
1 Month 1.5%
3 Month 7.3%
6 Month 6.1%
1 Year 15.4%
3 Year 13.8%
5 Year 11.5%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 13.6%
2017 -8.4%
2016 46%
2015 2.1%
2014 13.3%
2013
2012
2011
2010
2009
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 30 Nov 19

Equity Sector Allocation
SectorValue
Financial Services45.76%
Energy10.3%
Industrials9.78%
Technology8.66%
Consumer Cyclical8.53%
Health Care5.45%
Basic Materials3.28%
Consumer Defensive3.06%
Communication Services2.04%
Real Estate0.75%
Asset Allocation
Asset ClassValue
Cash2.49%
Equity97.59%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
10%₹205 Cr4,000,000
↓ -100,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
9%₹182 Cr5,325,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹163 Cr1,282,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
6%₹130 Cr565,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
6%₹117 Cr1,680,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
5%₹113 Cr730,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹111 Cr1,500,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹80 Cr495,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹62 Cr300,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 16 | 500034
3%₹61 Cr150,000

2. 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 13.7% 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 (17 Jan 20) ₹52.765 ↑ 0.12   (0.24 %)
Net Assets (Cr) ₹6,186 on 30 Nov 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio 0.91
Information Ratio -0.26
Alpha Ratio 5.45
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,440
31 Dec 16₹11,617
31 Dec 17₹15,833
31 Dec 18₹14,623
31 Dec 19₹16,792

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 ₹395,578.
Net Profit of ₹95,578
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 17 Jan 20

DurationReturns
1 Month 2.8%
3 Month 6%
6 Month 9%
1 Year 17.4%
3 Year 12.4%
5 Year 10.6%
10 Year
15 Year
Since launch 13.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 14.8%
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%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 153.55 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services37.24%
Energy11.38%
Technology8.48%
Basic Materials7.41%
Consumer Cyclical6.77%
Industrials6.61%
Health Care6.27%
Communication Services5.64%
Utility3.7%
Consumer Defensive2.73%
Real Estate1.41%
Asset Allocation
Asset ClassValue
Cash2.36%
Equity97.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹483 Cr3,789,477
↓ -600,372
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
7%₹463 Cr9,034,351
↓ -1,881,814
State Bank of India (Financial Services)
Equity, Since 30 Sep 19 | SBIN
5%₹313 Cr9,145,279
↑ 3,393,248
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
5%₹307 Cr4,407,883
↑ 1,007,481
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
5%₹299 Cr4,049,346
↑ 547,139
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
4%₹256 Cr1,652,081
↓ -5,403
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
4%₹256 Cr5,781,056
↑ 1,464,051
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
3%₹166 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹161 Cr1,209,233
↓ -50,819
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 19 | 500547
2%₹149 Cr2,916,234
↑ 230,917

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 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 (17 Jan 20) ₹55.03 ↑ 0.20   (0.36 %)
Net Assets (Cr) ₹977 on 30 Nov 19
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.39
Sharpe Ratio 0.4
Information Ratio -0.46
Alpha Ratio -2.61
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,581
31 Dec 16₹10,943
31 Dec 17₹14,855
31 Dec 18₹14,669
31 Dec 19₹16,053

Invesco India Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20

DurationReturns
1 Month 3%
3 Month 7.7%
6 Month 9.7%
1 Year 12.7%
3 Year 13.4%
5 Year 10%
10 Year
15 Year
Since launch 14%
Historical performance (Yearly) on absolute basis
YearReturns
2018 9.4%
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%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Ganatra29 Mar 181.59 Yr.
Dhimant Kothari29 Mar 181.59 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services36.4%
Consumer Defensive10.43%
Energy9.78%
Industrials9.3%
Technology8.4%
Consumer Cyclical7.11%
Health Care5.83%
Basic Materials5.35%
Utility2.3%
Communication Services1.74%
Asset Allocation
Asset ClassValue
Cash3.36%
Equity96.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹86 Cr678,130
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
9%₹86 Cr553,507
↑ 31,307
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹80 Cr1,551,916
↑ 130,252
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 18 | HDFC
7%₹66 Cr289,121
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 19 | TCS
5%₹46 Cr224,486
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | ITC
4%₹40 Cr1,615,672
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 17 | LT
4%₹39 Cr292,256
Triparty Repo
CBLO/Reverse Repo | -
4%₹34 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹34 Cr212,897
↑ 29,125
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
3%₹30 Cr149,509

4. 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 21.1% since its launch.  Ranked 23 in ELSS category.  Return for 2019 was 10.1% , 2018 was -3.9% and 2017 was 36.2% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (17 Jan 20) ₹380.36 ↓ -0.19   (-0.05 %)
Net Assets (Cr) ₹1,403 on 30 Nov 19
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 0.48
Information Ratio -0.89
Alpha Ratio -5.45
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹9,760
31 Dec 16₹11,030
31 Dec 17₹15,023
31 Dec 18₹14,437
31 Dec 19₹15,896

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 ₹385,859.
Net Profit of ₹85,859
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 17 Jan 20

DurationReturns
1 Month 1.5%
3 Month 7.3%
6 Month 4.1%
1 Year 10.9%
3 Year 12.4%
5 Year 9.7%
10 Year
15 Year
Since launch 21.1%
Historical performance (Yearly) on absolute basis
YearReturns
2018 10.1%
2017 -3.9%
2016 36.2%
2015 13%
2014 -2.4%
2013 44.7%
2012 11%
2011 28.8%
2010 -23.5%
2009 28.4%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0712.51 Yr.

Data below for HDFC Long Term Advantage Fund as on 30 Nov 19

Equity Sector Allocation
SectorValue
Financial Services35.32%
Industrials18.55%
Energy13.48%
Technology10.37%
Basic Materials5.49%
Consumer Defensive5.07%
Consumer Cyclical2.16%
Utility2.1%
Communication Services1.64%
Health Care1.62%
Asset Allocation
Asset ClassValue
Cash4.21%
Equity95.79%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹138 Cr2,690,000
↓ -160,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
10%₹137 Cr1,078,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
10%₹136 Cr875,000
↓ -57,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹101 Cr1,453,908
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
7%₹92 Cr400,000
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
6%₹89 Cr2,600,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹81 Cr607,500
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
5%₹70 Cr2,822,910
Treps - Tri-Party Repo
CBLO/Reverse Repo | -
4%₹57 Cr
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 12 | 500547
4%₹51 Cr1,000,000

5. Kotak Tax Saver Scheme

The investment objective of the scheme is to generate longterm capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.

Kotak Tax Saver Scheme is a Equity - ELSS fund was launched on 23 Nov 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.8% since its launch.  Ranked 19 in ELSS category.  Return for 2019 was 12.7% , 2018 was -3.8% and 2017 was 33.8% .

Below is the key information for Kotak Tax Saver Scheme

Kotak Tax Saver Scheme
Growth
Launch Date 23 Nov 05
NAV (17 Jan 20) ₹48.566 ↑ 0.11   (0.24 %)
Net Assets (Cr) ₹1,030 on 30 Nov 19
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio 0.74
Information Ratio -0.29
Alpha Ratio 3.33
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,148
31 Dec 16₹10,905
31 Dec 17₹14,587
31 Dec 18₹14,032
31 Dec 19₹15,809

Kotak Tax Saver Scheme SIP Returns

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

Returns for Kotak Tax Saver Scheme

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Jan 20

DurationReturns
1 Month 4.6%
3 Month 10.4%
6 Month 8.8%
1 Year 16.8%
3 Year 13%
5 Year 9.6%
10 Year
15 Year
Since launch 11.8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 12.7%
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%
Fund Manager information for Kotak Tax Saver Scheme
NameSinceTenure
Harsha Upadhyaya25 Aug 153.44 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services28.31%
Industrials18.69%
Basic Materials18.52%
Energy8.15%
Technology6.84%
Consumer Cyclical6.22%
Consumer Defensive5.99%
Utility3.43%
Health Care2.17%
Asset Allocation
Asset ClassValue
Cash1.63%
Equity98.32%
Other0.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹72 Cr464,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹72 Cr1,400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
6%₹61 Cr480,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
6%₹57 Cr775,000
GlaxoSmithKline Consumer Healthcare Ltd (Consumer Defensive)
Equity, Since 30 Nov 17 | 500676
4%₹40 Cr45,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹34 Cr105,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
3%₹33 Cr250,000
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 540611
3%₹33 Cr400,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
3%₹31 Cr150,000
↓ -20,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
3%₹28 Cr400,000

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 10.6% 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 (17 Jan 20) ₹32.99 ↑ 0.11   (0.33 %)
Net Assets (Cr) ₹9,998 on 30 Nov 19
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 0.24
Information Ratio -0.2
Alpha Ratio -4.49
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,919
31 Dec 16₹11,288
31 Dec 17₹16,161
31 Dec 18₹15,427
31 Dec 19₹16,086

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 ₹385,859.
Net Profit of ₹85,859
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 17 Jan 20

DurationReturns
1 Month 1.7%
3 Month 7.8%
6 Month 9.6%
1 Year 8.2%
3 Year 12.5%
5 Year 9.5%
10 Year
15 Year
Since launch 10.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 4.3%
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%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0612.84 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services24.61%
Health Care14.41%
Consumer Cyclical12.73%
Industrials12.27%
Basic Materials11.87%
Energy9.35%
Consumer Defensive8.32%
Technology4.32%
Asset Allocation
Asset ClassValue
Cash2.13%
Equity97.87%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
9%₹935 Cr6,028,079
↑ 15,143
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
8%₹812 Cr292,357
↑ 1,042
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
8%₹809 Cr3,522,583
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
7%₹672 Cr1,623,958
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
6%₹603 Cr878,672
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
5%₹546 Cr3,255,027
↑ 161,677
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
5%₹461 Cr1,239,841
↑ 28,495
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹424 Cr2,626,017
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹379 Cr2,850,078
↑ 156,810
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
3%₹294 Cr2,308,258

7. L&T Tax Advantage Fund

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.4% since its launch.  Ranked 7 in ELSS category.  Return for 2019 was 4.6% , 2018 was -8.1% and 2017 was 42.3% .

Below is the key information for L&T Tax Advantage Fund

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (17 Jan 20) ₹57.468 ↑ 0.25   (0.43 %)
Net Assets (Cr) ₹3,396 on 30 Nov 19
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.04
Information Ratio -0.84
Alpha Ratio -7.47
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,290
31 Dec 16₹11,127
31 Dec 17₹15,830
31 Dec 18₹14,551
31 Dec 19₹15,227

L&T 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 ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for L&T 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 17 Jan 20

DurationReturns
1 Month 4.1%
3 Month 9.4%
6 Month 7.5%
1 Year 9.7%
3 Year 10.9%
5 Year 9%
10 Year
15 Year
Since launch 13.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 4.6%
2017 -8.1%
2016 42.3%
2015 8.1%
2014 2.9%
2013 44.8%
2012 6.8%
2011 27.4%
2010 -21.8%
2009 29.2%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
S.N. Lahiri24 Nov 127.02 Yr.
Venugopal Manghat17 Dec 190 Yr.

Data below for L&T Tax Advantage Fund as on 30 Nov 19

Equity Sector Allocation
SectorValue
Financial Services36.52%
Technology11.33%
Basic Materials11.1%
Health Care9.37%
Consumer Cyclical8.75%
Industrials8.06%
Energy4.6%
Consumer Defensive3.93%
Communication Services3.61%
Utility0.61%
Asset Allocation
Asset ClassValue
Cash2.72%
Equity97.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
8%₹256 Cr4,984,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
7%₹223 Cr1,751,800
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
5%₹153 Cr747,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹132 Cr853,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹124 Cr765,100
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹113 Cr853,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
3%₹99 Cr879,200
↓ -20,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
3%₹98 Cr2,214,200
↓ -487,611
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹95 Cr1,370,200
(A) Tri Party Repo Dealing System (Treps)
CBLO/Reverse Repo | -
3%₹93 Cr

8. 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 17.3% 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 (17 Jan 20) ₹57.03 ↑ 0.22   (0.39 %)
Net Assets (Cr) ₹257 on 30 Nov 19
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 3.02
Sharpe Ratio 0.7
Information Ratio -0.06
Alpha Ratio 3.38
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,206
31 Dec 16₹10,080
31 Dec 17₹15,891
31 Dec 18₹13,294
31 Dec 19₹15,236

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 ₹376,357.
Net Profit of ₹76,357
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 17 Jan 20

DurationReturns
1 Month 3.3%
3 Month 7.9%
6 Month 13.5%
1 Year 19.2%
3 Year 13.9%
5 Year 8.8%
10 Year
15 Year
Since launch 17.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 14.6%
2017 -16.3%
2016 57.7%
2015 -1.2%
2014 2.1%
2013 44%
2012 9.1%
2011 24.8%
2010 -24.1%
2009 5.9%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 190 Yr.

Data below for BOI AXA Tax Advantage Fund as on 30 Nov 19

Equity Sector Allocation
SectorValue
Financial Services43.25%
Basic Materials11.97%
Industrials10.83%
Consumer Cyclical7.41%
Health Care5.64%
Technology5.63%
Consumer Defensive5.26%
Energy4.83%
Utility1.17%
Real Estate0.98%
Communication Services0.98%
Asset Allocation
Asset ClassValue
Cash2.05%
Equity97.94%
Debt0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 500034
7%₹18 Cr43,814
↑ 615
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
7%₹17 Cr337,241
↑ 10,926
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
6%₹17 Cr131,179
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE
5%₹12 Cr80,135
↑ 12,523
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
5%₹12 Cr71,724
↑ 4,015
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
3%₹8 Cr54,155
↑ 1,828
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 19 | HDFC
3%₹8 Cr33,400
↑ 2,400
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | 532215
3%₹7 Cr97,680
Abbott India Ltd (Healthcare)
Equity, Since 31 Aug 18 | 500488
3%₹7 Cr5,731
↑ 304
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
3%₹7 Cr39,000

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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