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6 Best Performing Tax Saving Mutual Funds 2019 | Fincash.com

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6 Best Performing Tax Saving Mutual Funds 2019

Updated on March 20, 2019 , 156 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 (%)2018 (%)
Tata India Tax Savings Fund Growth ₹17.9189
↓ -0.05
₹1,5986.45.96.715.7 -8.4
IDFC Tax Advantage (ELSS) Fund Growth ₹55.59
↓ -0.29
₹1,7413.5-0.8-0.615.717.2-9.4
DSP BlackRock Tax Saver Fund Growth ₹47.399
↓ -0.15
₹4,7406.54.17.115.218-7.6
Aditya Birla Sun Life Tax Relief '96 Growth ₹31.11
↓ -0.09
₹7,5611.9-2.13.114.818.7-4.5
L&T Tax Advantage Fund Growth ₹52.739
↓ -0.28
₹3,0740-3.9-2.213.915.5-8.1
HDFC Long Term Advantage Fund Growth ₹357.836
↓ -2.19
₹1,4256.33.98.816.715.8-3.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Mar 19
*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 14% since its launch.  Ranked 1 in ELSS category.  Return for 2018 was -8.4% , 2017 was 46% and 2016 was 2.1% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (22 Mar 19) ₹17.9189 ↓ -0.05   (-0.30 %)
Net Assets (Cr) ₹1,598 on 28 Feb 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.38
Information Ratio -0.08
Alpha Ratio -10.52
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹11,512
29 Feb 16₹10,087
28 Feb 17₹13,589
28 Feb 18₹16,880
28 Feb 19₹16,099

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 ₹447,579.
Net Profit of ₹147,579
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 22 Mar 19

DurationReturns
1 Month 7.2%
3 Month 6.4%
6 Month 5.9%
1 Year 6.7%
3 Year 15.7%
5 Year
10 Year
15 Year
Since launch 14%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rupesh Patel1 Apr 153.84 Yr.
Ennette Fernandes18 Jun 180.62 Yr.

Data below for Tata India Tax Savings Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services40.47%
Consumer Cyclical13.63%
Consumer Defensive10.96%
Technology10.82%
Industrials9.37%
Health Care4.93%
Energy3.85%
Basic Materials3.16%
Real Estate0.62%
Asset Allocation
Asset ClassValue
Cash2.24%
Equity97.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹141 Cr4,015,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
8%₹123 Cr1,680,000
↑ 660,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹116 Cr560,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
7%₹106 Cr1,500,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹83 Cr3,100,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
4%₹62 Cr500,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹60 Cr495,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹57 Cr310,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC
3%₹52 Cr1,900,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹50 Cr250,000

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 18.2% since its launch.  Ranked 3 in ELSS category.  Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (22 Mar 19) ₹55.59 ↓ -0.29   (-0.52 %)
Net Assets (Cr) ₹1,741 on 28 Feb 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.74
Sharpe Ratio -0.96
Information Ratio -0.07
Alpha Ratio -12.71
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,810
29 Feb 16₹13,056
28 Feb 17₹17,607
28 Feb 18₹23,485
28 Feb 19₹20,833

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 ₹470,047.
Net Profit of ₹170,047
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 22 Mar 19

DurationReturns
1 Month 8.7%
3 Month 3.5%
6 Month -0.8%
1 Year -0.6%
3 Year 15.7%
5 Year 17.2%
10 Year
15 Year
Since launch 18.2%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Daylynn Pinto20 Oct 162.28 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services27.22%
Consumer Cyclical15.53%
Basic Materials11.17%
Technology9.68%
Industrials8.39%
Health Care6.3%
Energy5.83%
Utility5.15%
Consumer Defensive4.63%
Asset Allocation
Asset ClassValue
Cash5.09%
Equity94.9%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
6%₹105 Cr3,000,000
↑ 100,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹92 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹73 Cr350,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
4%₹70 Cr950,000
↓ -25,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹68 Cr550,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹65 Cr2,400,000
↑ 100,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹64 Cr900,000
↑ 50,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹46 Cr800,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹44 Cr1,041,754
↑ 21,754
Nestle India Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | NESTLEIND
2%₹32 Cr30,000

3. 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 13.6% since its launch.  Ranked 12 in ELSS category.  Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (22 Mar 19) ₹47.399 ↓ -0.15   (-0.30 %)
Net Assets (Cr) ₹4,740 on 28 Feb 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio -0.41
Information Ratio -0.05
Alpha Ratio -2.17
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹16,130
29 Feb 16₹13,830
28 Feb 17₹19,583
28 Feb 18₹22,984
28 Feb 19₹21,978

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 ₹481,656.
Net Profit of ₹181,656
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 22 Mar 19

DurationReturns
1 Month 8.1%
3 Month 6.5%
6 Month 4.1%
1 Year 7.1%
3 Year 15.2%
5 Year 18%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rohit Singhania16 Jul 153.55 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services37.14%
Basic Materials13.54%
Technology12.01%
Health Care8.35%
Industrials7.68%
Consumer Defensive6%
Energy4.76%
Consumer Cyclical4.57%
Utility3.75%
Real Estate0.71%
Asset Allocation
Asset ClassValue
Cash1.47%
Equity98.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹422 Cr12,051,260
↑ 1,120,839
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹382 Cr1,838,413
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹206 Cr2,898,029
↑ 416,484
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹184 Cr2,502,741
↑ 31,689
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹159 Cr1,225,918
↑ 94,893
State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN
3%₹135 Cr5,010,825
↓ -152,479
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
3%₹133 Cr1,094,394
↑ 208,441
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹123 Cr878,387
↑ 116,770
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH
2%₹117 Cr1,112,891
↑ 221,675
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA
2%₹110 Cr1,547,126
↑ 63,715

4. Aditya Birla Sun Life Tax Relief '96

An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities

Aditya Birla Sun Life Tax Relief '96 is a Equity - ELSS fund was launched on 6 Mar 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.8% since its launch.  Ranked 4 in ELSS category.  Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% .

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

Aditya Birla Sun Life Tax Relief '96
Growth
Launch Date 6 Mar 08
NAV (22 Mar 19) ₹31.11 ↓ -0.09   (-0.29 %)
Net Assets (Cr) ₹7,561 on 28 Feb 19
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.42
Sharpe Ratio -0.37
Information Ratio -0.14
Alpha Ratio -4.04
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹17,030
29 Feb 16₹14,809
28 Feb 17₹18,917
28 Feb 18₹24,178
28 Feb 19₹23,375

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 ₹481,656.
Net Profit of ₹181,656
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 22 Mar 19

DurationReturns
1 Month 4.5%
3 Month 1.9%
6 Month -2.1%
1 Year 3.1%
3 Year 14.8%
5 Year 18.7%
10 Year
15 Year
Since launch 10.8%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Ajay Garg1 Oct 0612.34 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services20.34%
Consumer Cyclical19.86%
Health Care13.24%
Industrials11.88%
Basic Materials11.03%
Consumer Defensive9.02%
Energy7.81%
Technology5.18%
Asset Allocation
Asset ClassValue
Cash1.64%
Equity98.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
8%₹590 Cr4,795,108
↑ 127,972
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
7%₹551 Cr255,146
↑ 3,082
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹514 Cr788,960
↑ 16,596
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
6%₹466 Cr1,073,304
↑ 25,110
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
6%₹459 Cr1,417,590
↑ 13,199
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
5%₹399 Cr2,166,003
↑ 220,797
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
4%₹340 Cr2,544,125
↑ 46,251
Thomas Cook India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 15 | THOMASCOOK
4%₹329 Cr15,532,569
↑ 266,042
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹277 Cr2,286,465
↑ 452,500
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
3%₹258 Cr1,996,386
↑ 253,125

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 13.6% since its launch.  Ranked 7 in ELSS category.  Return for 2018 was -8.1% , 2017 was 42.3% and 2016 was 8.1% .

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

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (22 Mar 19) ₹52.739 ↓ -0.28   (-0.52 %)
Net Assets (Cr) ₹3,074 on 28 Feb 19
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -1.02
Information Ratio -0.35
Alpha Ratio -12.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹15,441
29 Feb 16₹13,112
28 Feb 17₹18,155
28 Feb 18₹22,828
28 Feb 19₹20,252

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 ₹447,579.
Net Profit of ₹147,579
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 22 Mar 19

DurationReturns
1 Month 6.5%
3 Month 0%
6 Month -3.9%
1 Year -2.2%
3 Year 13.9%
5 Year 15.5%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2009 86.7%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
S.N. Lahiri24 Nov 126.19 Yr.

Data below for L&T Tax Advantage Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services29.24%
Technology13.84%
Industrials11.8%
Basic Materials11.58%
Consumer Cyclical10.34%
Health Care7.26%
Energy4.71%
Consumer Defensive2.66%
Communication Services1.72%
Utility1.06%
Asset Allocation
Asset ClassValue
Cash5.65%
Equity94.73%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
6%₹186 Cr897,300
↑ 119,600
(A) Tri Party Repo Dealing System (Treps)
CBLO/Reverse Repo | -
6%₹174 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
5%₹163 Cr4,658,200
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹122 Cr615,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹121 Cr980,200
↑ 241,200
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 17 | HDFC
4%₹119 Cr649,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹104 Cr1,416,000
↑ 61,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹101 Cr2,386,000
↑ 500,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹97 Cr753,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 17 | 532215
3%₹92 Cr1,293,000
↑ 65,000

6. 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 21.7% since its launch.  Ranked 23 in ELSS category.  Return for 2018 was -3.9% , 2017 was 36.2% and 2016 was 13% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (22 Mar 19) ₹357.836 ↓ -2.19   (-0.61 %)
Net Assets (Cr) ₹1,425 on 28 Feb 19
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.49
Sharpe Ratio -0.32
Information Ratio 0.21
Alpha Ratio -7.8
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹14,693
29 Feb 16₹12,140
28 Feb 17₹17,075
28 Feb 18₹20,668
28 Feb 19₹20,265

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 ₹447,579.
Net Profit of ₹147,579
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 22 Mar 19

DurationReturns
1 Month 6.9%
3 Month 6.3%
6 Month 3.9%
1 Year 8.8%
3 Year 16.7%
5 Year 15.8%
10 Year
15 Year
Since launch 21.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -3.9%
2017 36.2%
2016 13%
2015 -2.4%
2014 44.7%
2013 11%
2012 28.8%
2011 -23.5%
2010 28.4%
2009 88.9%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0711.84 Yr.
Amar Kalkundrikar10 Jan 190.06 Yr.

Data below for HDFC Long Term Advantage Fund as on 28 Feb 19

Equity Sector Allocation
SectorValue
Financial Services29.52%
Industrials17.52%
Energy12.39%
Technology10.06%
Basic Materials9.92%
Consumer Defensive4.61%
Health Care4.36%
Consumer Cyclical3.83%
Utility1.95%
Communication Services0.9%
Asset Allocation
Asset ClassValue
Cash4.93%
Equity95.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
9%₹133 Cr1,080,000
↓ -70,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹126 Cr605,000
↓ -40,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹116 Cr3,300,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹107 Cr1,453,908
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹79 Cr607,500
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
5%₹74 Cr400,000
Collateralised Borrowing & Lending Obligation
CBLO | -
5%₹72 Cr
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
5%₹70 Cr2,600,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹64 Cr2,322,910
Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 520113
3%₹47 Cr400,000

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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