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6 Best Performing Tax Saving Mutual Funds 2021

Updated on April 12, 2021 , 1161 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	₹75.05 ↑ 1.09	₹2,976	7.4	37	88.5	8.3	15.4	18.7
Tata India Tax Savings Fund Growth	₹22.7569 ↑ 0.35	₹2,636	0.6	23.2	57.9	8.9	13.6	11.9
DSP BlackRock Tax Saver Fund Growth	₹64.861 ↑ 0.82	₹7,883	2.9	31	65.3	11.9	15.2	15
L&T Tax Advantage Fund Growth	₹67.07 ↑ 0.88	₹3,416	2.4	23.4	60.9	6	13.1	13.5
HDFC Long Term Advantage Fund Growth	₹448.369 ↑ 7.96	₹1,340	2.5	28.1	67.1	9.7	14.2	11.5
Kotak Tax Saver Fund Growth	₹58.438 ↑ 0.48	₹1,679	3.9	25.7	62.2	12.6	14.7	14.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Apr 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 17.8% 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 (13 Apr 21)	₹75.05 ↑ 1.09 (1.47 %)
Net Assets (Cr)	₹2,976 on 28 Feb 21
Category	Equity - ELSS
AMC	IDFC Asset Management Company Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	0.68
Sharpe Ratio	0.97
Information Ratio	-0.5
Alpha Ratio	2.87
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Mar 16	₹10,000
31 Mar 17	₹12,748
31 Mar 18	₹15,606
31 Mar 19	₹15,750
31 Mar 20	₹10,371
31 Mar 21	₹20,692

IDFC Tax Advantage (ELSS) 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 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 13 Apr 21

Duration	Returns
1 Month	-2.3%
3 Month	7.4%
6 Month	37%
1 Year	88.5%
3 Year	8.3%
5 Year	15.4%
10 Year
15 Year
Since launch	17.8%

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	4.45 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 28 Feb 21

Equity Sector Allocation

Sector	Value
Financial Services	20.86%
Consumer Cyclical	16.43%
Industrials	15.75%
Basic Materials	14.73%
Technology	12.48%
Health Care	6.98%
Energy	5.22%
Communication Services	3.37%
Consumer Defensive	2.4%
Utility	0.28%

Asset Allocation

Asset Class	Value
Cash	1.51%
Equity	98.49%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 16 \| ICICIBANK	7%	₹215 Cr	3,600,000
Infosys Ltd (Technology) Equity, Since 31 Jul 15 \| INFY	6%	₹175 Cr	1,400,000
HDFC Bank Ltd (Financial Services) Equity, Since 30 Sep 14 \| HDFCBANK	4%	₹123 Cr	800,000
Deepak Nitrite Ltd (Basic Materials) Equity, Since 31 Mar 17 \| 506401	4%	₹116 Cr	851,002 ↓ -84,482
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 31 Jul 18 \| RELIANCE	4%	₹115 Cr	550,000
State Bank of India (Financial Services) Equity, Since 30 Jun 20 \| SBIN	4%	₹105 Cr	2,700,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jan 20 \| BHARTIARTL	3%	₹100 Cr	1,800,000
Tata Motors Ltd (Consumer Cyclical) Equity, Since 31 May 20 \| TATAMOTORS	3%	₹97 Cr	3,000,000
NCC Ltd (Industrials) Equity, Since 28 Feb 19 \| NCC	3%	₹82 Cr	9,250,000 ↑ 50,000
KEC International Ltd (Industrials) Equity, Since 30 Sep 15 \| 532714	3%	₹78 Cr	1,800,000

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 13.5% 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 (13 Apr 21)	₹22.7569 ↑ 0.35 (1.57 %)
Net Assets (Cr)	₹2,636 on 28 Feb 21
Category	Equity - ELSS
AMC	Tata Asset Management Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.97
Sharpe Ratio	0.78
Information Ratio	-0.68
Alpha Ratio	-1.32
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Mar 16	₹10,000
31 Mar 17	₹12,631
31 Mar 18	₹14,411
31 Mar 19	₹15,560
31 Mar 20	₹11,840
31 Mar 21	₹19,801

Tata India Tax Savings 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 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 13 Apr 21

Duration	Returns
1 Month	-5%
3 Month	0.6%
6 Month	23.2%
1 Year	57.9%
3 Year	8.9%
5 Year	13.6%
10 Year
15 Year
Since launch	13.5%

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
Rupesh Patel	1 Apr 15	6.01 Yr.
Ennette Fernandes	18 Jun 18	2.79 Yr.

Data below for Tata India Tax Savings Fund as on 28 Feb 21

Equity Sector Allocation

Sector	Value
Financial Services	37.82%
Technology	11.92%
Energy	9.99%
Health Care	9.48%
Consumer Cyclical	9%
Industrials	8.75%
Basic Materials	5.57%
Communication Services	5.06%
Consumer Defensive	1.15%
Real Estate	0.8%

Asset Allocation

Asset Class	Value
Cash	0.46%
Equity	99.54%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 30 Nov 16 \| ICICIBANK	9%	₹245 Cr	4,100,000
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 10 \| HDFCBANK	9%	₹230 Cr	1,500,000
Infosys Ltd (Technology) Equity, Since 30 Sep 18 \| INFY	8%	₹222 Cr	1,770,000
State Bank of India (Financial Services) Equity, Since 30 Nov 18 \| SBIN	8%	₹208 Cr	5,325,000
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 31 Jan 18 \| RELIANCE	7%	₹181 Cr	870,000 ↓ -50,000
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Sep 19 \| BHARTIARTL	5%	₹134 Cr	2,400,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Aug 18 \| 532215	5%	₹130 Cr	1,800,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 30 Jun 17 \| HDFC	5%	₹119 Cr	470,000
UltraTech Cement Ltd (Basic Materials) Equity, Since 28 Feb 14 \| ULTRACEMCO	3%	₹76 Cr	125,000
Mahindra & Mahindra Ltd (Consumer Cyclical) Equity, Since 31 May 20 \| M&M	3%	₹75 Cr	930,000

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 14% 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 (13 Apr 21)	₹64.861 ↑ 0.82 (1.28 %)
Net Assets (Cr)	₹7,883 on 28 Feb 21
Category	Equity - ELSS
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.91
Sharpe Ratio	0.85
Information Ratio	0.32
Alpha Ratio	-1.73
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Mar 16	₹10,000
31 Mar 17	₹13,067
31 Mar 18	₹14,223
31 Mar 19	₹15,420
31 Mar 20	₹11,752
31 Mar 21	₹20,865

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 13 Apr 21

Duration	Returns
1 Month	-2.3%
3 Month	2.9%
6 Month	31%
1 Year	65.3%
3 Year	11.9%
5 Year	15.2%
10 Year
15 Year
Since launch	14%

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	5.71 Yr.
Charanjit Singh	1 Jan 21	0.24 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 28 Feb 21

Equity Sector Allocation

Sector	Value
Financial Services	35.63%
Basic Materials	12.76%
Technology	9.36%
Consumer Cyclical	8.19%
Industrials	7.63%
Health Care	7.36%
Consumer Defensive	4.99%
Communication Services	4.53%
Energy	4.36%
Utility	3.85%

Asset Allocation

Asset Class	Value
Cash	1.34%
Equity	98.66%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Infosys Ltd (Technology) Equity, Since 31 Mar 12 \| INFY	8%	₹637 Cr	5,082,080 ↑ 311,187
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 16 \| ICICIBANK	8%	₹599 Cr	10,028,596 ↓ -1,658,411
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 08 \| HDFCBANK	7%	₹572 Cr	3,726,332
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jul 19 \| BHARTIARTL	5%	₹357 Cr	6,420,892 ↓ -595,011
Axis Bank Ltd (Financial Services) Equity, Since 30 Nov 18 \| 532215	4%	₹316 Cr	4,354,860
State Bank of India (Financial Services) Equity, Since 30 Jun 20 \| SBIN	4%	₹283 Cr	7,266,283 ↓ -2,156,375
Hindustan Unilever Ltd (Consumer Defensive) Equity, Since 31 May 20 \| 500696	3%	₹226 Cr	1,060,242 ↑ 124,841
Tata Steel Ltd (Basic Materials) Equity, Since 31 Dec 20 \| TATASTEEL	3%	₹220 Cr	3,074,876 ↑ 117,233
UltraTech Cement Ltd (Basic Materials) Equity, Since 31 May 14 \| ULTRACEMCO	2%	₹184 Cr	301,231 ↓ -15,645
Dr Reddy's Laboratories Ltd (Healthcare) Equity, Since 31 Jul 20 \| 500124	2%	₹176 Cr	396,776 ↑ 24,938

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 13.4% 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 (13 Apr 21)	₹67.07 ↑ 0.88 (1.33 %)
Net Assets (Cr)	₹3,416 on 28 Feb 21
Category	Equity - ELSS
AMC	L&T Investment Management Ltd
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.04
Sharpe Ratio	0.69
Information Ratio	-1.57
Alpha Ratio	-7.81
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Mar 16	₹10,000
31 Mar 17	₹13,044
31 Mar 18	₹15,121
31 Mar 19	₹15,050
31 Mar 20	₹10,963
31 Mar 21	₹18,809

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 13 Apr 21

Duration	Returns
1 Month	-1.4%
3 Month	2.4%
6 Month	23.4%
1 Year	60.9%
3 Year	6%
5 Year	13.1%
10 Year
15 Year
Since launch	13.4%

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
Venugopal Manghat	17 Dec 19	1.29 Yr.
Vihang Naik	17 Dec 19	1.29 Yr.

Data below for L&T Tax Advantage Fund as on 28 Feb 21

Equity Sector Allocation

Sector	Value
Financial Services	24.79%
Basic Materials	14.95%
Consumer Cyclical	14.41%
Technology	12.45%
Health Care	8.97%
Industrials	8.52%
Consumer Defensive	6.8%
Energy	5.06%
Communication Services	2.23%

Asset Allocation

Asset Class	Value
Cash	1.83%
Equity	98.16%
Other	0.01%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 30 Jun 09 \| ICICIBANK	5%	₹175 Cr	2,933,600
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 06 \| HDFCBANK	5%	₹168 Cr	1,097,700
Infosys Ltd (Technology) Equity, Since 31 Mar 06 \| INFY	5%	₹154 Cr	1,232,500
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 31 Aug 18 \| RELIANCE	4%	₹135 Cr	648,400
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Jun 09 \| TCS	4%	₹125 Cr	430,700
Larsen & Toubro Ltd Shs Dematerialised (Industrials) Equity, Since 31 Mar 06 \| LT	3%	₹112 Cr	778,000
State Bank of India (Financial Services) Equity, Since 31 Jan 19 \| SBIN	3%	₹112 Cr	2,871,200 ↑ 889,200
HCL Technologies Ltd Shs Dematerialised (Technology) Equity, Since 30 Sep 17 \| HCLTECH	3%	₹109 Cr	1,203,500 ↓ -357,400
Emami Ltd (Consumer Defensive) Equity, Since 30 Jun 19 \| 531162	3%	₹106 Cr	2,333,743
Ramco Cements Ltd (Basic Materials) Equity, Since 30 Jun 14 \| RAMCOCEM	3%	₹103 Cr	1,068,449

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 20.6% 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 (13 Apr 21)	₹448.369 ↑ 7.96 (1.81 %)
Net Assets (Cr)	₹1,340 on 28 Feb 21
Category	Equity - ELSS
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.17
Sharpe Ratio	0.83
Information Ratio	-0.7
Alpha Ratio	0.75
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Mar 16	₹10,000
31 Mar 17	₹13,009
31 Mar 18	₹14,495
31 Mar 19	₹16,072
31 Mar 20	₹11,350
31 Mar 21	₹20,188

HDFC Long Term Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 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 13 Apr 21

Duration	Returns
1 Month	-4.5%
3 Month	2.5%
6 Month	28.1%
1 Year	67.1%
3 Year	9.7%
5 Year	14.2%
10 Year
15 Year
Since launch	20.6%

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	14.01 Yr.
Anand Laddha	21 Oct 20	0.44 Yr.

Data below for HDFC Long Term Advantage Fund as on 28 Feb 21

Equity Sector Allocation

Sector	Value
Financial Services	36.16%
Industrials	18.71%
Energy	11.45%
Technology	9.99%
Basic Materials	5.72%
Consumer Defensive	4.3%
Health Care	3.19%
Utility	2.4%
Communication Services	2.13%
Consumer Cyclical	1.96%

Asset Allocation

Asset Class	Value
Cash	2.31%
Equity	96%
Other	1.69%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Jun 13 \| HDFCBANK	10%	₹130 Cr	850,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	9%	₹120 Cr	2,000,000
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 31 Jul 05 \| RELIANCE	8%	₹108 Cr	520,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 31 Oct 08 \| HDFC	8%	₹102 Cr	400,000
State Bank of India (Financial Services) Equity, Since 31 Jan 03 \| SBIN	8%	₹101 Cr	2,600,000
Infosys Ltd (Technology) Equity, Since 30 Nov 06 \| INFY	7%	₹94 Cr	750,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials) Equity, Since 31 Oct 07 \| LT	7%	₹88 Cr	607,500
Carborundum Universal Ltd (Industrials) Equity, Since 30 Jun 03 \| 513375	5%	₹62 Cr	1,229,000
ITC Ltd (Consumer Defensive) Equity, Since 31 Oct 05 \| ITC	4%	₹58 Cr	2,822,910
Bharat Petroleum Corp Ltd (Energy) Equity, Since 30 Sep 12 \| 500547	3%	₹45 Cr	1,000,000

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 12.2% since its launch. Ranked 19 in ELSS category. Return for 2020 was 14.9% , 2019 was 12.7% and 2018 was -3.8% .

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund Growth
Launch Date	23 Nov 05
NAV (13 Apr 21)	₹58.438 ↑ 0.48 (0.82 %)
Net Assets (Cr)	₹1,679 on 28 Feb 21
Category	Equity - ELSS
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.34
Sharpe Ratio	0.77
Information Ratio	0.32
Alpha Ratio	-3.9
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Mar 16	₹10,000
31 Mar 17	₹12,978
31 Mar 18	₹13,789
31 Mar 19	₹15,193
31 Mar 20	₹11,938
31 Mar 21	₹20,457

Kotak Tax Saver 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 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 13 Apr 21

Duration	Returns
1 Month	-2.3%
3 Month	3.9%
6 Month	25.7%
1 Year	62.2%
3 Year	12.6%
5 Year	14.7%
10 Year
15 Year
Since launch	12.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2020	14.9%
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%

Fund Manager information for Kotak Tax Saver Fund

Name	Since	Tenure
Harsha Upadhyaya	25 Aug 15	5.6 Yr.

Data below for Kotak Tax Saver Fund as on 28 Feb 21

Equity Sector Allocation

Sector	Value
Financial Services	24.97%
Basic Materials	18.07%
Industrials	17.52%
Technology	11.81%
Consumer Cyclical	7.89%
Health Care	6.53%
Energy	3.73%
Utility	3.47%
Communication Services	2.98%
Consumer Defensive	1.59%

Asset Allocation

Asset Class	Value
Cash	1.44%
Equity	98.55%
Other	0.01%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	8%	₹140 Cr	2,350,000 ↑ 850,000
Infosys Ltd (Technology) Equity, Since 31 Dec 05 \| INFY	6%	₹100 Cr	800,000 ↓ -25,000
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Apr 18 \| TCS	4%	₹65 Cr	225,000 ↓ -46,027
Reliance Industries Ltd Shs Dematerialised (Energy) Equity, Since 30 Jun 06 \| RELIANCE	4%	₹63 Cr	300,000 ↓ -100,000
State Bank of India (Financial Services) Equity, Since 28 Feb 21 \| SBIN	4%	₹60 Cr	1,550,000 ↑ 1,550,000
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jan 10 \| HDFCBANK	3%	₹58 Cr	380,000
SRF Ltd (Basic Materials) Equity, Since 30 Apr 16 \| SRF	3%	₹54 Cr	100,000 ↓ -5,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Mar 13 \| 532215	3%	₹53 Cr	725,000
Bharti Airtel Ltd (Communication Services) Equity, Since 28 Feb 21 \| BHARTIARTL	3%	₹50 Cr	900,000 ↑ 900,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials) Equity, Since 28 Feb 14 \| LT	3%	₹47 Cr	325,000 ↑ 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.