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6 Best Performing Tax Saving Mutual Funds 2020 | Fincash.com

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6 Best Performing Tax Saving Mutual Funds 2020

Updated on July 9, 2020 , 882 views

With tax season around the corner, investors who invest in ELSS always look at the funds that are performing best in the market. Since, many investors find it difficult to choose one fund amongst so many, we are here to suggest some best performers in the ELSS category.

Investors can invest in these funds and save up to INR 1.5 lakh every year under Section 80C of Income Tax Act 1961. ELSS schemes have a lock-in period of minimum 3 years. Our recommended best performing tax saving Mutual Funds has been carefully shortlisted by undertaking some of the important parameters like AUM, NAV, past performances, etc.

Thus, investors can easily plan their tax savings by Investing in these funds.

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Tax-Savings

Best Performing Tax Saving Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2019 (%)
Tata India Tax Savings Fund Growth ₹16.6673
↓ -0.07
₹1,77014.4-14.1-8.817.113.6
IDFC Tax Advantage (ELSS) Fund Growth ₹48.56
↓ -0.23
₹1,75821.5-13.3-12.1-1.63.61.9
Aditya Birla Sun Life Tax Relief '96 Growth ₹30.09
↓ -0.15
₹9,37114.6-7.30.52.66.94.3
DSP BlackRock Tax Saver Fund Growth ₹46.279
↓ -0.15
₹5,40717.6-11.1-3.42.47.414.8
L&T Tax Advantage Fund Growth ₹48.465
↓ -0.27
₹2,70015.8-13.9-8.8-1.84.94.6
Kotak Tax Saver Fund Growth ₹42.185
↑ 0.03
₹1,04016.7-11.5-4.81.8612.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 10 Jul 20
*List of TAX Saving mutual funds having net assets between 1000 Crore to 10,000 Crores.

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 9.3% 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 (10 Jul 20) ₹16.6673 ↓ -0.07   (-0.41 %)
Net Assets (Cr) ₹1,770 on 30 Apr 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio -0.42
Information Ratio -0.68
Alpha Ratio -0.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹11,152
30 Jun 17₹13,540
30 Jun 18₹14,513
30 Jun 19₹16,246
30 Jun 20₹13,902

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 ₹367,070.
Net Profit of ₹67,070
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 10 Jul 20

DurationReturns
1 Month 4.6%
3 Month 14.4%
6 Month -14.1%
1 Year -8.8%
3 Year 1%
5 Year 7.1%
10 Year
15 Year
Since launch 9.3%
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 155.25 Yr.
Ennette Fernandes18 Jun 182.04 Yr.

Data below for Tata India Tax Savings Fund as on 30 Apr 20

Equity Sector Allocation
SectorValue
Financial Services31.93%
Energy15.76%
Consumer Cyclical10.3%
Health Care9.33%
Basic Materials7.27%
Communication Services7.07%
Technology6.75%
Industrials6.5%
Consumer Defensive2.15%
Real Estate0.44%
Asset Allocation
Asset ClassValue
Cash2.81%
Equity97.19%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
12%₹204 Cr1,390,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹132 Cr1,382,000
↑ 100,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
7%₹126 Cr3,800,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
7%₹122 Cr2,200,000
↑ 880,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
7%₹116 Cr1,680,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
5%₹94 Cr565,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹86 Cr5,325,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 17 | DIVISLAB
3%₹51 Cr215,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 28 Feb 14 | ULTRACEMCO
3%₹49 Cr125,000
↑ 25,000
A) Repo
CBLO/Reverse Repo | -
3%₹48 Cr

2. IDFC Tax Advantage (ELSS) Fund

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund was launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.7% since its launch.  Ranked 3 in ELSS category.  Return for 2019 was 1.9% , 2018 was -9.4% and 2017 was 53.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (10 Jul 20) ₹48.56 ↓ -0.23   (-0.47 %)
Net Assets (Cr) ₹1,758 on 30 Apr 20
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.22
Sharpe Ratio -0.58
Information Ratio -0.74
Alpha Ratio -4.75
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹9,691
30 Jun 17₹12,295
30 Jun 18₹13,857
30 Jun 19₹14,079
30 Jun 20₹11,573

IDFC Tax Advantage (ELSS) Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹331,978.
Net Profit of ₹31,978
Invest Now

Returns for IDFC Tax Advantage (ELSS) Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 10 Jul 20

DurationReturns
1 Month 6%
3 Month 21.5%
6 Month -13.3%
1 Year -12.1%
3 Year -1.6%
5 Year 3.6%
10 Year
15 Year
Since launch 14.7%
Historical performance (Yearly) on absolute basis
YearReturns
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%
2012 36.2%
2011 -23.3%
2010 24%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 163.7 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Apr 20

Equity Sector Allocation
SectorValue
Financial Services21.83%
Consumer Cyclical13.74%
Industrials11.43%
Health Care11.07%
Basic Materials10.09%
Technology8.59%
Consumer Defensive6.92%
Energy6.85%
Communication Services4.48%
Utility0.3%
Asset Allocation
Asset ClassValue
Cash4.64%
Equity95.36%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
6%₹110 Cr3,300,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
5%₹84 Cr575,000
↑ 25,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
5%₹83 Cr1,200,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
5%₹81 Cr850,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹80 Cr
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
4%₹77 Cr1,400,000
↑ 500,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
3%₹53 Cr1,063,744
↓ -11,256
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
3%₹46 Cr1,200,000
↑ 45,000
Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 18 | 524494
3%₹43 Cr290,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 18 | 500124
2%₹41 Cr100,000

3. 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 9.3% 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 (10 Jul 20) ₹30.09 ↓ -0.15   (-0.50 %)
Net Assets (Cr) ₹9,371 on 30 Apr 20
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio -0.38
Information Ratio 0
Alpha Ratio 1.8
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,553
30 Jun 17₹12,798
30 Jun 18₹14,602
30 Jun 19₹14,522
30 Jun 20₹13,814

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 ₹357,992.
Net Profit of ₹57,992
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 10 Jul 20

DurationReturns
1 Month 5.3%
3 Month 14.6%
6 Month -7.3%
1 Year 0.5%
3 Year 2.6%
5 Year 6.9%
10 Year
15 Year
Since launch 9.3%
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 0613.76 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Apr 20

Equity Sector Allocation
SectorValue
Financial Services19.99%
Health Care18.01%
Basic Materials13.9%
Industrials13.08%
Energy10.04%
Consumer Defensive7.91%
Consumer Cyclical7.65%
Technology5.96%
Asset Allocation
Asset ClassValue
Cash3.36%
Equity96.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
10%₹922 Cr6,293,907
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
9%₹818 Cr302,981
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
8%₹743 Cr1,840,052
↑ 20,655
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
7%₹684 Cr4,124,687
↑ 236,000
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
7%₹672 Cr1,250,980
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
5%₹497 Cr3,632,730
↑ 50,054
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
5%₹427 Cr886,417
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹363 Cr2,962,934
Johnson Controls - Hitachi Air Conditioning India Ltd (Technology)
Equity, Since 28 Feb 15 | 523398
3%₹310 Cr1,272,527
↑ 4,329
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
3%₹282 Cr3,027,803

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 12% 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 (10 Jul 20) ₹46.279 ↓ -0.15   (-0.32 %)
Net Assets (Cr) ₹5,407 on 30 Apr 20
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio -0.36
Information Ratio -0.15
Alpha Ratio 4.28
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,757
30 Jun 17₹13,140
30 Jun 18₹13,817
30 Jun 19₹15,309
30 Jun 20₹13,985

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 ₹367,070.
Net Profit of ₹67,070
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 10 Jul 20

DurationReturns
1 Month 6.1%
3 Month 17.6%
6 Month -11.1%
1 Year -3.4%
3 Year 2.4%
5 Year 7.4%
10 Year
15 Year
Since launch 12%
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 154.96 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Apr 20

Equity Sector Allocation
SectorValue
Financial Services25.89%
Basic Materials9.8%
Consumer Cyclical9.18%
Health Care8.55%
Energy7.81%
Consumer Defensive6.8%
Communication Services6.31%
Industrials6.27%
Technology6.12%
Utility3.33%
Real Estate0.63%
Asset Allocation
Asset ClassValue
Cash9.27%
Equity90.73%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -
10%₹532 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹460 Cr13,850,710
↑ 2,044,388
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
7%₹381 Cr4,004,059
↑ 109,310
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
6%₹338 Cr6,114,360
↓ -1,419,215
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
4%₹216 Cr1,472,923
↓ -43,367
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
3%₹153 Cr392,136
↓ -54,704
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
3%₹137 Cr1,979,163
↓ -389,218
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH
2%₹126 Cr2,285,229
↑ 849,432
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 500696
2%₹124 Cr601,322
↑ 601,322
J.B. Chemicals & Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Dec 17 | 506943
2%₹121 Cr1,778,952
↓ -27,433

5. 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 11.6% 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 (10 Jul 20) ₹48.465 ↓ -0.27   (-0.56 %)
Net Assets (Cr) ₹2,700 on 30 Apr 20
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio -0.45
Information Ratio -1.1
Alpha Ratio 0.13
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,489
30 Jun 17₹13,279
30 Jun 18₹14,458
30 Jun 19₹14,411
30 Jun 20₹12,579

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 ₹340,450.
Net Profit of ₹40,450
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 10 Jul 20

DurationReturns
1 Month 4.5%
3 Month 15.8%
6 Month -13.9%
1 Year -8.8%
3 Year -1.8%
5 Year 4.9%
10 Year
15 Year
Since launch 11.6%
Historical performance (Yearly) on absolute basis
YearReturns
2019 4.6%
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%
2013 6.8%
2012 27.4%
2011 -21.8%
2010 29.2%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
Venugopal Manghat17 Dec 190.54 Yr.
Vihang Naik17 Dec 190.54 Yr.

Data below for L&T Tax Advantage Fund as on 30 Apr 20

Equity Sector Allocation
SectorValue
Financial Services22.86%
Health Care15.75%
Basic Materials14%
Technology11.97%
Consumer Cyclical10.73%
Energy6.06%
Industrials5.81%
Consumer Defensive5.25%
Communication Services4.45%
Asset Allocation
Asset ClassValue
Cash2.44%
Equity97.54%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
5%₹140 Cr955,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
5%₹137 Cr1,436,100
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
4%₹118 Cr2,142,500
↓ -261,300
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹97 Cr491,900
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
4%₹97 Cr1,758,400
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
4%₹95 Cr1,370,200
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 07 | ITC
4%₹94 Cr4,771,387
Shree Cement Ltd (Basic Materials)
Equity, Since 30 Nov 19 | 500387
3%₹84 Cr40,300
Abbott India Ltd (Healthcare)
Equity, Since 28 Feb 19 | 500488
3%₹84 Cr50,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
3%₹83 Cr675,107

6. Kotak Tax Saver Fund

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 Fund 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 10.3% 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 Fund

Kotak Tax Saver Fund
Growth
Launch Date 23 Nov 05
NAV (10 Jul 20) ₹42.185 ↑ 0.03   (0.07 %)
Net Assets (Cr) ₹1,040 on 30 Apr 20
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.4
Sharpe Ratio -0.36
Information Ratio -0.14
Alpha Ratio 3.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Jun 15₹10,000
30 Jun 16₹10,035
30 Jun 17₹12,435
30 Jun 18₹12,944
30 Jun 19₹14,669
30 Jun 20₹13,178

Kotak 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 ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for Kotak 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 10 Jul 20

DurationReturns
1 Month 5.8%
3 Month 16.7%
6 Month -11.5%
1 Year -4.8%
3 Year 1.8%
5 Year 6%
10 Year
15 Year
Since launch 10.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 12.7%
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%
Fund Manager information for Kotak Tax Saver Fund
NameSinceTenure
Harsha Upadhyaya25 Aug 154.85 Yr.

Data below for Kotak Tax Saver Fund as on 30 Apr 20

Equity Sector Allocation
SectorValue
Financial Services18.99%
Basic Materials18.93%
Industrials15.61%
Consumer Defensive10.87%
Energy9.07%
Technology6.76%
Consumer Cyclical6.01%
Health Care5.84%
Utility3.77%
Asset Allocation
Asset ClassValue
Cash4.12%
Equity95.85%
Other0.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
7%₹71 Cr506,666
↑ 42,666
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹56 Cr1,700,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
5%₹55 Cr267,392
↑ 17,392
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
4%₹46 Cr480,000
Triparty Repo
CBLO/Reverse Repo | -
4%₹42 Cr
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
4%₹37 Cr105,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 14 | LT
3%₹33 Cr350,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | 500124
3%₹33 Cr80,000
↑ 3,717
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
3%₹30 Cr777,025
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
3%₹30 Cr150,000

Tax Savings in Equity Linked Saving Scheme

Let's check the tax benefits by comparing tax savings with and without ELSS:

Particulars Tax Planning (ELSS) No Tax Planning
Gross Total Income 8,00,000 8,00,000
Exemption from Taxation 1,50,000 Nil
Total Taxable Income 6,50,000 8,00,000
Tax to be Paid 32,500 62,500
Saved Amount 30,000 Nil

Hence, total amount saved by investing in ELSS is INR 30,000.

Benefits of Investing in Tax Saving Mutual Funds

Along with tax benefits, ELSS also offers you the following advantages:

Equity Returns

As ELSS is a combination of equity and tax saving, the money you invest grows as the stock market grows. So, investors can also earn returns from the equity market. Hence, ELSS is also an avenue for a long-term wealth creation.

SIP Benefits

Instead of investing a lump sum amount, investors can choose an easy path by investing monthly via a SIP. With a SIP, one can invest as low as INR 500, making it the most affordable tax-planning and investment avenue for the investors.

Shortest Lock-in Period

ELSS has lock-in period of 3 years, which is the shortest lock-in period among all other tax-saving instruments.

How to Invest in ELSS Funds 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.
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