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6 Best Performing Tax Saving Mutual Funds 2021

Updated on September 20, 2021 , 1404 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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Best Performing Tax Saving Mutual Funds

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2020 (%)
IDFC Tax Advantage (ELSS) Fund Growth	₹93.41 ↑ 0.87	₹3,339	10.1	25.3	76.6	18.6	17	18.7
Tata India Tax Savings Fund Growth	₹27.4772 ↑ 0.01	₹2,888	11.6	18.5	56.2	17.5	14.4	11.9
DSP BlackRock Tax Saver Fund Growth	₹81.063 ↑ 0.00	₹9,675	11.1	25	70.4	21.2	16	15
L&T Tax Advantage Fund Growth	₹80.012 ↑ 0.25	₹3,652	9.8	19.9	53.8	13.4	13.2	13.5
HDFC Long Term Advantage Fund Growth	₹552.309 ↑ 0.38	₹1,363	9.6	21.7	64.5	17.1	15.4	11.5
Sundaram Diversified Equity Fund Growth	₹147.13 ↓ -0.04	₹2,340	12.5	21.8	60	14	11.5	9.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Sep 21

*List of TAX Saving mutual funds having net assets between 1000 Crore to 10,000 Crores.

1. 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 19.2% since its launch. Ranked 3 in ELSS category. Return for 2020 was 18.7% , 2019 was 1.9% and 2018 was -9.4% .

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

IDFC Tax Advantage (ELSS) Fund Growth
Launch Date	26 Dec 08
NAV (22 Sep 21)	₹93.41 ↑ 0.87 (0.94 %)
Net Assets (Cr)	₹3,339 on 31 Aug 21
Category	Equity - ELSS
AMC	IDFC Asset Management Company Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	2.06
Sharpe Ratio	3.28
Information Ratio	0.01
Alpha Ratio	15.08
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Aug 16	₹10,000
31 Aug 17	₹12,568
31 Aug 18	₹14,050
31 Aug 19	₹12,018
31 Aug 20	₹12,687
31 Aug 21	₹21,417

IDFC Tax Advantage (ELSS) Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689 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 Sep 21

Duration	Returns
1 Month	6.8%
3 Month	10.1%
6 Month	25.3%
1 Year	76.6%
3 Year	18.6%
5 Year	17%
10 Year
15 Year
Since launch	19.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	18.7%
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%

Fund Manager information for IDFC Tax Advantage (ELSS) Fund

Name	Since	Tenure
Daylynn Pinto	20 Oct 16	4.78 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Aug 21

Equity Sector Allocation

Sector	Value
Financial Services	22.86%
Industrials	15.28%
Consumer Cyclical	15.16%
Basic Materials	14.76%
Technology	13.83%
Health Care	6.09%
Energy	4.58%
Consumer Defensive	3.01%
Communication Services	2.88%

Asset Allocation

Asset Class	Value
Cash	1.53%
Equity	98.47%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 16 \| ICICIBANK	7%	₹246 Cr	3,600,000
Infosys Ltd (Technology) Equity, Since 31 Jul 15 \| INFY	7%	₹225 Cr	1,400,000
State Bank of India (Financial Services) Equity, Since 30 Jun 20 \| SBIN	5%	₹155 Cr	3,600,000
HDFC Bank Ltd (Financial Services) Equity, Since 30 Sep 14 \| HDFCBANK	4%	₹136 Cr	950,000
Deepak Nitrite Ltd (Basic Materials) Equity, Since 31 Mar 17 \| 506401	4%	₹126 Cr	620,000
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 31 Jul 18 \| RELIANCE	3%	₹112 Cr	550,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jan 20 \| BHARTIARTL	3%	₹95 Cr	1,700,000
Tata Motors Ltd (Consumer Cyclical) Equity, Since 31 May 20 \| TATAMOTORS	3%	₹88 Cr	3,000,000
NCC Ltd (Industrials) Equity, Since 28 Feb 19 \| NCC	2%	₹79 Cr	9,000,000 ↓ -200,000
KEC International Ltd (Industrials) Equity, Since 30 Sep 15 \| 532714	2%	₹73 Cr	1,700,000

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 15.7% since its launch. Ranked 1 in ELSS category. Return for 2020 was 11.9% , 2019 was 13.6% and 2018 was -8.4% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund Growth
Launch Date	13 Oct 14
NAV (22 Sep 21)	₹27.4772 ↑ 0.01 (0.05 %)
Net Assets (Cr)	₹2,888 on 31 Aug 21
Category	Equity - ELSS
AMC	Tata Asset Management Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.9
Sharpe Ratio	2.7
Information Ratio	-0.34
Alpha Ratio	7.93
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Aug 16	₹10,000
31 Aug 17	₹11,956
31 Aug 18	₹13,244
31 Aug 19	₹12,573
31 Aug 20	₹12,840
31 Aug 21	₹19,338

Tata India Tax Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 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 Sep 21

Duration	Returns
1 Month	6.9%
3 Month	11.6%
6 Month	18.5%
1 Year	56.2%
3 Year	17.5%
5 Year	14.4%
10 Year
15 Year
Since launch	15.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	11.9%
2019	13.6%
2018	-8.4%
2017	46%
2016	2.1%
2015	13.3%
2014
2013
2012
2011

Fund Manager information for Tata India Tax Savings Fund

Name	Since	Tenure
Ennette Fernandes	18 Jun 18	3.12 Yr.
Tejas Gutka	9 Mar 21	0.39 Yr.

Data below for Tata India Tax Savings Fund as on 31 Aug 21

Equity Sector Allocation

Sector	Value
Financial Services	35.47%
Industrials	13.41%
Technology	10.99%
Consumer Cyclical	9.54%
Basic Materials	8.71%
Energy	7.14%
Health Care	6.49%
Communication Services	3.05%
Real Estate	1.74%
Utility	1.48%

Asset Allocation

Asset Class	Value
Cash	1.98%
Equity	98.02%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 30 Nov 16 \| ICICIBANK	10%	₹266 Cr	3,900,000 ↓ -200,000
Infosys Ltd (Technology) Equity, Since 30 Sep 18 \| INFY	9%	₹251 Cr	1,560,000
State Bank of India (Financial Services) Equity, Since 30 Nov 18 \| SBIN	7%	₹190 Cr	4,400,000
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 10 \| HDFCBANK	6%	₹162 Cr	1,135,000 ↓ -165,000
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 31 Jan 18 \| RELIANCE	6%	₹153 Cr	750,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 30 Jun 17 \| HDFC	4%	₹115 Cr	470,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Aug 18 \| 532215	4%	₹110 Cr	1,550,000
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Sep 19 \| BHARTIARTL	3%	₹84 Cr	1,500,000 ↓ -250,000
Hindalco Industries Ltd Shs Dematerialised (Basic Materials) Equity, Since 31 May 21 \| HINDALCO	2%	₹67 Cr	1,500,000
Voltas Ltd Shs Dematerialised (Industrials) Equity, Since 31 May 19 \| VOLTAS	2%	₹62 Cr	590,000

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 15.3% since its launch. Ranked 12 in ELSS category. Return for 2020 was 15% , 2019 was 14.8% and 2018 was -7.6% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund Growth
Launch Date	18 Jan 07
NAV (22 Sep 21)	₹81.063 ↑ 0.00 (0.00 %)
Net Assets (Cr)	₹9,675 on 31 Aug 21
Category	Equity - ELSS
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.87
Sharpe Ratio	3.42
Information Ratio	1.06
Alpha Ratio	8.29
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Aug 16	₹10,000
31 Aug 17	₹11,735
31 Aug 18	₹12,750
31 Aug 19	₹12,267
31 Aug 20	₹12,804
31 Aug 21	₹21,118

DSP BlackRock Tax Saver Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 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 Sep 21

Duration	Returns
1 Month	5.3%
3 Month	11.1%
6 Month	25%
1 Year	70.4%
3 Year	21.2%
5 Year	16%
10 Year
15 Year
Since launch	15.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	15%
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%

Fund Manager information for DSP BlackRock Tax Saver Fund

Name	Since	Tenure
Rohit Singhania	16 Jul 15	6.05 Yr.
Charanjit Singh	1 Jan 21	0.58 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 Aug 21

Equity Sector Allocation

Sector	Value
Financial Services	38.95%
Basic Materials	13.59%
Technology	9.35%
Consumer Cyclical	9.05%
Industrials	8.22%
Utility	5.88%
Health Care	5.52%
Communication Services	3.63%
Energy	2.59%
Consumer Defensive	2.18%

Asset Allocation

Asset Class	Value
Cash	1.05%
Equity	98.95%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 16 \| ICICIBANK	9%	₹796 Cr	11,659,184
Infosys Ltd (Technology) Equity, Since 31 Mar 12 \| INFY	7%	₹651 Cr	4,039,852 ↓ -1,016,277
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 08 \| HDFCBANK	6%	₹552 Cr	3,873,109
State Bank of India (Financial Services) Equity, Since 30 Jun 20 \| SBIN	5%	₹480 Cr	11,115,901 ↑ 207,399
Tata Steel Ltd (Basic Materials) Equity, Since 31 Dec 20 \| TATASTEEL	5%	₹431 Cr	3,007,540 ↑ 74,481
Axis Bank Ltd (Financial Services) Equity, Since 30 Nov 18 \| 532215	4%	₹376 Cr	5,301,622 ↑ 298,302
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jul 19 \| BHARTIARTL	4%	₹339 Cr	6,032,398
Bajaj Finserv Ltd (Financial Services) Equity, Since 31 Jan 21 \| 532978	3%	₹235 Cr	165,147 ↑ 22,441
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical) Equity, Since 31 Jul 19 \| CROMPTON	2%	₹214 Cr	4,386,588
ACC Ltd (Basic Materials) Equity, Since 28 Feb 19 \| 500410	2%	₹210 Cr	876,828

4. 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 14.3% since its launch. Ranked 7 in ELSS category. Return for 2020 was 13.5% , 2019 was 4.6% and 2018 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 Sep 21)	₹80.012 ↑ 0.25 (0.32 %)
Net Assets (Cr)	₹3,652 on 31 Aug 21
Category	Equity - ELSS
AMC	L&T Investment Management Ltd
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.03
Sharpe Ratio	3.23
Information Ratio	-0.84
Alpha Ratio	7.2
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Aug 16	₹10,000
31 Aug 17	₹12,478
31 Aug 18	₹13,719
31 Aug 19	₹11,983
31 Aug 20	₹12,383
31 Aug 21	₹18,696

L&T Tax Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 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 Sep 21

Duration	Returns
1 Month	6.7%
3 Month	9.8%
6 Month	19.9%
1 Year	53.8%
3 Year	13.4%
5 Year	13.2%
10 Year
15 Year
Since launch	14.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	13.5%
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%

Fund Manager information for L&T Tax Advantage Fund

Name	Since	Tenure
Vihang Naik	17 Dec 19	1.62 Yr.
Cheenu Gupta	2 Jul 21	0.08 Yr.

Data below for L&T Tax Advantage Fund as on 31 Aug 21

Equity Sector Allocation

Sector	Value
Financial Services	21.12%
Basic Materials	20.42%
Technology	15.94%
Consumer Cyclical	14.97%
Industrials	9.57%
Health Care	7.93%
Consumer Defensive	4.83%
Real Estate	2.29%
Utility	0.84%

Asset Allocation

Asset Class	Value
Cash	2.09%
Equity	97.91%
Other	0.01%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 31 Mar 06 \| INFY	6%	₹229 Cr	1,422,800 ↑ 452,500
ICICI Bank Ltd (Financial Services) Equity, Since 30 Jun 09 \| ICICIBANK	5%	₹179 Cr	2,616,600 ↑ 539,800
State Bank of India (Financial Services) Equity, Since 31 Jan 19 \| SBIN	5%	₹168 Cr	3,894,300 ↑ 1,023,100
K.P.R. Mill Ltd (Consumer Cyclical) Equity, Since 31 Jan 15 \| 532889	4%	₹129 Cr	686,900
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 06 \| HDFCBANK	3%	₹117 Cr	819,900 ↑ 176,300
Jubilant Foodworks Ltd (Consumer Cyclical) Equity, Since 28 Feb 19 \| JUBLFOOD	3%	₹110 Cr	292,400
Tata Steel Ltd (Basic Materials) Equity, Since 29 Feb 20 \| TATASTEEL	3%	₹108 Cr	752,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials) Equity, Since 31 Mar 06 \| LT	3%	₹107 Cr	668,000 ↓ -110,000
UltraTech Cement Ltd (Basic Materials) Equity, Since 31 Oct 19 \| ULTRACEMCO	3%	₹105 Cr	138,300 ↑ 91,331
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Jun 09 \| TCS	3%	₹100 Cr	315,000

5. 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 21.4% since its launch. Ranked 23 in ELSS category. Return for 2020 was 11.5% , 2019 was 10.1% and 2018 was -3.9% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund Growth
Launch Date	2 Jan 01
NAV (22 Sep 21)	₹552.309 ↑ 0.38 (0.07 %)
Net Assets (Cr)	₹1,363 on 31 Aug 21
Category	Equity - ELSS
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.25
Sharpe Ratio	2.51
Information Ratio	-0.1
Alpha Ratio	8.34
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Aug 16	₹10,000
31 Aug 17	₹11,926
31 Aug 18	₹13,427
31 Aug 19	₹12,682
31 Aug 20	₹12,863
31 Aug 21	₹20,367

HDFC Long Term Advantage Fund SIP 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 Sep 21

Duration	Returns
1 Month	5%
3 Month	9.6%
6 Month	21.7%
1 Year	64.5%
3 Year	17.1%
5 Year	15.4%
10 Year
15 Year
Since launch	21.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	11.5%
2019	10.1%
2018	-3.9%
2017	36.2%
2016	13%
2015	-2.4%
2014	44.7%
2013	11%
2012	28.8%
2011	-23.5%

Fund Manager information for HDFC Long Term Advantage Fund

Name	Since	Tenure
Chirag Setalvad	2 Apr 07	14.34 Yr.

Data below for HDFC Long Term Advantage Fund as on 31 Aug 21

Equity Sector Allocation

Sector	Value
Financial Services	35.68%
Industrials	17.76%
Technology	14.97%
Energy	11.53%
Consumer Defensive	4.5%
Basic Materials	4.47%
Health Care	2.8%
Utility	2.61%
Consumer Cyclical	2.35%
Communication Services	2.21%

Asset Allocation

Asset Class	Value
Cash	1.12%
Equity	98.88%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	10%	₹130 Cr	1,900,000 ↓ -100,000
Infosys Ltd (Technology) Equity, Since 30 Nov 06 \| INFY	9%	₹121 Cr	750,000
HDFC Bank Ltd (Financial Services) Equity, Since 30 Jun 13 \| HDFCBANK	9%	₹114 Cr	800,000
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 31 Jul 05 \| RELIANCE	8%	₹106 Cr	520,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 31 Oct 08 \| HDFC	7%	₹98 Cr	400,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials) Equity, Since 31 Oct 07 \| LT	7%	₹97 Cr	607,500
State Bank of India (Financial Services) Equity, Since 31 Jan 03 \| SBIN	7%	₹91 Cr	2,100,000
Carborundum Universal Ltd (Industrials) Equity, Since 30 Jun 03 \| 513375	5%	₹68 Cr	1,010,413 ↓ -16,354
Redington (India) Ltd (Technology) Equity, Since 31 Jul 15 \| 532805	5%	₹64 Cr	1,951,513
ITC Ltd (Consumer Defensive) Equity, Since 31 Oct 05 \| ITC	4%	₹58 Cr	2,822,910

6. Sundaram Diversified Equity Fund

To achieve capital appreciation by investing predominantly in equities and equity-related instruments. A three-year lock-in period shall apply in line with the regulation for ELSS schemes.

Sundaram Diversified Equity Fund is a Equity - ELSS fund was launched on 22 Nov 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.7% since its launch. Ranked 14 in ELSS category. Return for 2020 was 9.9% , 2019 was 6.2% and 2018 was -10.6% .

Below is the key information for Sundaram Diversified Equity Fund

Sundaram Diversified Equity Fund Growth
Launch Date	22 Nov 99
NAV (22 Sep 21)	₹147.13 ↓ -0.04 (-0.03 %)
Net Assets (Cr)	₹2,340 on 31 Aug 21
Category	Equity - ELSS
AMC	Sundaram Asset Management Company Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.14
Sharpe Ratio	2.87
Information Ratio	-0.91
Alpha Ratio	1.45
Min Investment	500
Min SIP Investment	250
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Aug 16	₹10,000
31 Aug 17	₹11,743
31 Aug 18	₹12,712
31 Aug 19	₹11,153
31 Aug 20	₹11,059
31 Aug 21	₹17,197

Sundaram Diversified Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Invest Now

Returns for Sundaram Diversified 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 22 Sep 21

Duration	Returns
1 Month	6.4%
3 Month	12.5%
6 Month	21.8%
1 Year	60%
3 Year	14%
5 Year	11.5%
10 Year
15 Year
Since launch	16.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	9.9%
2019	6.2%
2018	-10.6%
2017	38.4%
2016	6.8%
2015	3.1%
2014	45.7%
2013	1.4%
2012	34.5%
2011	-25.4%

Fund Manager information for Sundaram Diversified Equity Fund

Name	Since	Tenure
S. Bharath	23 Jul 20	1.11 Yr.
Rohit Seksaria	24 Feb 21	0.52 Yr.

Data below for Sundaram Diversified Equity Fund as on 31 Aug 21

Equity Sector Allocation

Sector	Value
Financial Services	31.58%
Technology	13.85%
Industrials	11.35%
Basic Materials	9.39%
Consumer Cyclical	9.32%
Consumer Defensive	8.49%
Energy	8.05%
Health Care	5.48%
Communication Services	1.98%

Asset Allocation

Asset Class	Value
Cash	0.38%
Equity	99.62%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 30 Nov 11 \| ICICIBANK	8%	₹171 Cr	2,500,000
Infosys Ltd (Technology) Equity, Since 30 Nov 16 \| INFY	7%	₹168 Cr	1,045,000 ↓ -27,000
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 30 Apr 12 \| RELIANCE	7%	₹148 Cr	725,000 ↓ -45,000
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 13 \| HDFCBANK	6%	₹138 Cr	970,000 ↓ -180,000
Axis Bank Ltd (Financial Services) Equity, Since 31 May 18 \| 532215	4%	₹97 Cr	1,370,000 ↓ -30,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 31 Jul 19 \| HDFC	4%	₹90 Cr	370,000 ↓ -75,000
State Bank of India (Financial Services) Equity, Since 31 Aug 20 \| SBIN	3%	₹73 Cr	1,700,000 ↑ 50,000
HCL Technologies Ltd Shs Dematerialised (Technology) Equity, Since 30 Apr 19 \| HCLTECH	3%	₹69 Cr	675,000 ↓ -65,000
Grindwell Norton Ltd (Industrials) Equity, Since 31 Mar 14 \| 506076	3%	₹69 Cr	550,000 ↓ -10,000
Quess Corp Ltd (Industrials) Equity, Since 31 Jan 18 \| 539978	3%	₹67 Cr	775,000 ↓ -25,000

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?

Open Free Investment Account for Lifetime at Fincash.com.

Complete your Registration and KYC Process

Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

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.