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6 Best Performing Tax Saving Mutual Funds 2019

Updated on October 16, 2019 , 705 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 (%)	2018 (%)
Tata India Tax Savings Fund Growth	₹18.3856 ↑ 0.13	₹1,815	0.3	1.6	15.8	9.2	13.3	-8.4
IDFC Tax Advantage (ELSS) Fund Growth	₹53.1 ↑ 0.48	₹1,877	-3.1	-6.2	2.3	7.5	10.4	-9.4
DSP BlackRock Tax Saver Fund Growth	₹50.165 ↑ 0.38	₹5,482	4.7	3.5	18.8	8.9	12.5	-7.6
Aditya Birla Sun Life Tax Relief '96 Growth	₹30.8 ↑ 0.20	₹8,562	2.9	-3.8	4.7	7.9	12.2	-4.5
L&T Tax Advantage Fund Growth	₹53.083 ↑ 0.55	₹3,153	0.3	-1.5	1.5	7.1	10	-8.1
HDFC Long Term Advantage Fund Growth	₹357.4 ↑ 2.79	₹1,318	-1.6	-1.4	10.7	9.2	10.2	-3.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Oct 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 12.9% 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 (18 Oct 19)	₹18.3856 ↑ 0.13 (0.72 %)
Net Assets (Cr)	₹1,815 on 31 Aug 19
Category	Equity - ELSS
AMC	Tata Asset Management Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	2.08
Sharpe Ratio	-0.41
Information Ratio	-0.34
Alpha Ratio	-1.76
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 15	₹11,442
30 Sep 16	₹13,426
30 Sep 17	₹15,983
30 Sep 18	₹15,683
30 Sep 19	₹17,578

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 18 Oct 19

Duration	Returns
1 Month	6.5%
3 Month	0.3%
6 Month	1.6%
1 Year	15.8%
3 Year	9.2%
5 Year	13.3%
10 Year
15 Year
Since launch	12.9%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Rupesh Patel	1 Apr 15	3.84 Yr.
Ennette Fernandes	18 Jun 18	0.62 Yr.

Data below for Tata India Tax Savings Fund as on 31 Aug 19

Equity Sector Allocation

Sector	Value
Financial Services	42.52%
Technology	10.66%
Industrials	9.47%
Consumer Cyclical	8.59%
Consumer Defensive	7.1%
Health Care	6.51%
Energy	5.16%
Basic Materials	3.64%
Real Estate	0.83%

Asset Allocation

Asset Class	Value
Cash	5.53%
Equity	94.47%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 30 Nov 16 \| ICICIBANK	9%	₹164 Cr	4,015,000
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 10 \| HDFCBANK	8%	₹143 Cr	641,000 ↑ 81,000
Infosys Ltd (Technology) Equity, Since 30 Sep 18 \| INFY	8%	₹137 Cr	1,680,000
State Bank of India (Financial Services) Equity, Since 30 Nov 18 \| SBIN	6%	₹103 Cr	3,750,000 ↑ 650,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Aug 18 \| 532215	5%	₹100 Cr	1,500,000
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 30 Jun 17 \| HDFC	4%	₹74 Cr	340,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 May 15 \| KOTAKBANK	4%	₹71 Cr	495,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jan 18 \| RELIANCE	3%	₹62 Cr	500,000
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Jul 18 \| TCS	3%	₹56 Cr	250,000
(A) Treps CBLO/Reverse Repo \| -	3%	₹56 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 16.7% 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 (18 Oct 19)	₹53.1 ↑ 0.48 (0.91 %)
Net Assets (Cr)	₹1,877 on 31 Aug 19
Category	Equity - ELSS
AMC	IDFC Asset Management Company Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	2.74
Sharpe Ratio	-0.99
Information Ratio	-0.35
Alpha Ratio	-5.69
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 14	₹10,000
30 Sep 15	₹11,161
30 Sep 16	₹12,262
30 Sep 17	₹15,623
30 Sep 18	₹15,874
30 Sep 19	₹15,691

IDFC Tax Advantage (ELSS) Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578 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 18 Oct 19

Duration	Returns
1 Month	4%
3 Month	-3.1%
6 Month	-6.2%
1 Year	2.3%
3 Year	7.5%
5 Year	10.4%
10 Year
15 Year
Since launch	16.7%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Daylynn Pinto	20 Oct 16	2.61 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Aug 19

Equity Sector Allocation

Sector	Value
Financial Services	27.71%
Industrials	15.37%
Basic Materials	13.91%
Consumer Cyclical	13.1%
Technology	7.76%
Energy	6.09%
Health Care	4.59%
Consumer Defensive	4.4%
Utility	1.62%

Asset Allocation

Asset Class	Value
Cash	5.71%
Equity	94.28%
Other	0.01%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 16 \| ICICIBANK	7%	₹135 Cr	3,300,000
Triparty Repo CBLO/Reverse Repo \| -	5%	₹92 Cr
HDFC Bank Ltd (Financial Services) Equity, Since 30 Sep 14 \| HDFCBANK	4%	₹76 Cr	340,000
Axis Bank Ltd (Financial Services) Equity, Since 28 Feb 18 \| 532215	4%	₹71 Cr	1,075,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 18 \| RELIANCE	4%	₹69 Cr	550,000
State Bank of India (Financial Services) Equity, Since 31 Oct 18 \| SBIN	4%	₹68 Cr	2,500,000
Infosys Ltd (Technology) Equity, Since 31 Jul 15 \| INFY	3%	₹65 Cr	800,000
Future Retail Ltd (Consumer Cyclical) Equity, Since 31 Aug 16 \| FRETAIL	3%	₹52 Cr	1,330,000 ↑ 10,000
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Apr 19 \| LT	2%	₹43 Cr	320,000
Nestle India Ltd (Consumer Defensive) Equity, Since 28 Feb 18 \| NESTLEIND	2%	₹41 Cr	32,000

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 13.5% 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 (18 Oct 19)	₹50.165 ↑ 0.38 (0.77 %)
Net Assets (Cr)	₹5,482 on 31 Aug 19
Category	Equity - ELSS
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.47
Sharpe Ratio	-0.38
Information Ratio	-0.14
Alpha Ratio	6.32
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 14	₹10,000
30 Sep 15	₹11,026
30 Sep 16	₹13,281
30 Sep 17	₹15,470
30 Sep 18	₹15,349
30 Sep 19	₹17,204

DSP BlackRock Tax Saver Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 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 18 Oct 19

Duration	Returns
1 Month	7.8%
3 Month	4.7%
6 Month	3.5%
1 Year	18.8%
3 Year	8.9%
5 Year	12.5%
10 Year
15 Year
Since launch	13.5%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Rohit Singhania	16 Jul 15	3.55 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 Aug 19

Equity Sector Allocation

Sector	Value
Financial Services	32.82%
Basic Materials	9.12%
Technology	9.11%
Consumer Cyclical	8.72%
Health Care	7.51%
Industrials	7.49%
Consumer Defensive	6.63%
Energy	6.23%
Utility	3.7%
Communication Services	1.83%
Real Estate	0.59%

Asset Allocation

Asset Class	Value
Cash	6.24%
Equity	93.76%
Debt	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 16 \| ICICIBANK	10%	₹560 Cr	12,909,219 ↑ 1,546,911
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 08 \| HDFCBANK	10%	₹556 Cr	4,533,283 ↑ 662,197
Axis Bank Ltd (Financial Services) Equity, Since 30 Nov 18 \| 532215	5%	₹292 Cr	4,264,970 ↑ 784,720
Reliance Industries Ltd (Energy) Equity, Since 31 May 15 \| RELIANCE	5%	₹265 Cr	1,988,382 ↑ 187,481
Treps / Reverse Repo Investments / Corporate Debt Repo CBLO/Reverse Repo \| -	4%	₹239 Cr
Larsen & Toubro Ltd (Industrials) Equity, Since 29 Feb 16 \| LT	4%	₹210 Cr	1,423,286 ↑ 365,570
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 28 Feb 17 \| KOTAKBANK	3%	₹181 Cr	1,098,092 ↓ -199,803
Asian Paints Ltd (Basic Materials) Equity, Since 31 Jul 16 \| 500820	3%	₹157 Cr	890,894 ↓ -66,414
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jul 19 \| BHARTIARTL	2%	₹135 Cr	3,685,430 ↑ 787,217
Tech Mahindra Ltd (Technology) Equity, Since 30 Jun 19 \| 532755	2%	₹119 Cr	1,668,101

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 10.2% 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 (18 Oct 19)	₹30.8 ↑ 0.20 (0.65 %)
Net Assets (Cr)	₹8,562 on 31 Aug 19
Category	Equity - ELSS
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.42
Sharpe Ratio	-1.18
Information Ratio	-0.33
Alpha Ratio	-7.35
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 14	₹10,000
30 Sep 15	₹11,883
30 Sep 16	₹13,526
30 Sep 17	₹16,138
30 Sep 18	₹17,265
30 Sep 19	₹17,024

Aditya Birla Sun Life Tax Relief '96 SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 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 18 Oct 19

Duration	Returns
1 Month	5.9%
3 Month	2.9%
6 Month	-3.8%
1 Year	4.7%
3 Year	7.9%
5 Year	12.2%
10 Year
15 Year
Since launch	10.2%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Ajay Garg	1 Oct 06	12.84 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 31 Aug 19

Equity Sector Allocation

Sector	Value
Financial Services	22.78%
Consumer Cyclical	14.64%
Industrials	13.59%
Health Care	12.36%
Basic Materials	10.78%
Consumer Defensive	9.38%
Energy	8.78%
Technology	4.74%

Asset Allocation

Asset Class	Value
Cash	4.27%
Equity	95.73%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Honeywell Automation India Ltd (Industrials) Equity, Since 30 Jun 08 \| 517174	9%	₹806 Cr	281,118 ↑ 5,133
Reliance Industries Ltd (Energy) Equity, Since 30 Jun 08 \| RELIANCE	9%	₹801 Cr	6,012,936 ↑ 346,297
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 30 Jun 08 \| HDFC	7%	₹648 Cr	3,280,120 ↑ 547,172
Gillette India Ltd (Consumer Defensive) Equity, Since 30 Jun 14 \| GILLETTE	7%	₹623 Cr	877,433
Pfizer Ltd (Healthcare) Equity, Since 30 Apr 11 \| PFIZER	6%	₹544 Cr	1,623,958 ↑ 6,176
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| KOTAKBANK	5%	₹432 Cr	2,626,017
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare) Equity, Since 31 Mar 10 \| 500660	5%	₹422 Cr	3,036,075 ↑ 71,550
Bayer CropScience Ltd (Basic Materials) Equity, Since 31 Aug 11 \| 506285	4%	₹406 Cr	1,211,346 ↑ 22,027
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Jun 08 \| LT	4%	₹397 Cr	2,693,268 ↑ 19,287
Clearing Corporation Of India Limited CBLO \| -	3%	₹294 Cr

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% 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 (18 Oct 19)	₹53.083 ↑ 0.55 (1.05 %)
Net Assets (Cr)	₹3,153 on 31 Aug 19
Category	Equity - ELSS
AMC	L&T Investment Management Ltd
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.61
Sharpe Ratio	-1.09
Information Ratio	-0.46
Alpha Ratio	-6.38
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 14	₹10,000
30 Sep 15	₹11,196
30 Sep 16	₹12,666
30 Sep 17	₹15,637
30 Sep 18	₹15,796
30 Sep 19	₹15,633

L&T Tax Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578 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 18 Oct 19

Duration	Returns
1 Month	6.2%
3 Month	0.3%
6 Month	-1.5%
1 Year	1.5%
3 Year	7.1%
5 Year	10%
10 Year
15 Year
Since launch	13%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
S.N. Lahiri	24 Nov 12	6.85 Yr.

Data below for L&T Tax Advantage Fund as on 31 Aug 19

Equity Sector Allocation

Sector	Value
Financial Services	34.44%
Technology	12.94%
Consumer Cyclical	11.03%
Basic Materials	10.75%
Health Care	8.25%
Industrials	8.18%
Energy	4.37%
Consumer Defensive	4.09%
Communication Services	3.02%
Utility	0.78%

Asset Allocation

Asset Class	Value
Cash	2.74%
Equity	97.3%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 30 Jun 09 \| ICICIBANK	7%	₹225 Cr	5,184,600
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 06 \| HDFCBANK	7%	₹215 Cr	1,751,800 ↓ -42,800
Tata Consultancy Services Ltd (Technology) Equity, Since 30 Jun 09 \| TCS	5%	₹157 Cr	747,000 ↓ -38,400
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 30 Apr 15 \| KOTAKBANK	4%	₹126 Cr	765,100
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Mar 06 \| LT	4%	₹126 Cr	853,000 ↑ 100,000
Reliance Industries Ltd (Energy) Equity, Since 31 Aug 18 \| RELIANCE	4%	₹122 Cr	912,200 ↓ -38,900
Infosys Ltd (Technology) Equity, Since 31 Mar 06 \| INFY	3%	₹107 Cr	1,327,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 17 \| BHARTIARTL	3%	₹99 Cr	2,701,811
HCL Technologies Ltd (Technology) Equity, Since 30 Sep 17 \| HCLTECH	3%	₹97 Cr	899,700
Future Retail Ltd (Consumer Cyclical) Equity, Since 31 Aug 16 \| FRETAIL	3%	₹92 Cr	2,408,500

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% 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 (18 Oct 19)	₹357.4 ↑ 2.79 (0.79 %)
Net Assets (Cr)	₹1,318 on 31 Aug 19
Category	Equity - ELSS
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.17
Sharpe Ratio	-0.56
Information Ratio	-0.54
Alpha Ratio	-3.39
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 14	₹10,000
30 Sep 15	₹9,907
30 Sep 16	₹11,783
30 Sep 17	₹13,760
30 Sep 18	₹14,785
30 Sep 19	₹15,703

HDFC Long Term Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578 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 18 Oct 19

Duration	Returns
1 Month	6%
3 Month	-1.6%
6 Month	-1.4%
1 Year	10.7%
3 Year	9.2%
5 Year	10.2%
10 Year
15 Year
Since launch	21%

Historical performance (Yearly) on absolute basis

Year	Returns
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

Name	Since	Tenure
Chirag Setalvad	2 Apr 07	12 Yr.
Amar Kalkundrikar	10 Jan 19	0.22 Yr.

Data below for HDFC Long Term Advantage Fund as on 31 Aug 19

Equity Sector Allocation

Sector	Value
Financial Services	34.37%
Industrials	15.7%
Technology	12.42%
Energy	12.31%
Basic Materials	8.29%
Consumer Defensive	5.38%
Utility	2.31%
Health Care	2.29%
Consumer Cyclical	1.78%
Communication Services	1.37%

Asset Allocation

Asset Class	Value
Cash	3.77%
Equity	96.23%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	10%	₹135 Cr	3,120,000 ↓ -60,000
HDFC Bank Ltd (Financial Services) Equity, Since 30 Jun 13 \| HDFCBANK	10%	₹135 Cr	1,100,000 ↓ -60,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 05 \| RELIANCE	10%	₹133 Cr	1,000,000
Infosys Ltd (Technology) Equity, Since 30 Nov 06 \| INFY	9%	₹117 Cr	1,453,908
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Oct 07 \| LT	7%	₹90 Cr	607,500
Housing Development Finance Corp Ltd (Financial Services) Equity, Since 31 Oct 08 \| HDFC	6%	₹79 Cr	400,000
ITC Ltd (Consumer Defensive) Equity, Since 31 Oct 05 \| ITC	5%	₹73 Cr	2,822,910
State Bank of India (Financial Services) Equity, Since 31 Jan 03 \| SBIN	5%	₹70 Cr	2,600,000
Treps - Tri-Party Repo CBLO/Reverse Repo \| -	4%	₹51 Cr
Bharat Petroleum Corp Ltd (Energy) Equity, Since 30 Sep 12 \| 500547	3%	₹47 Cr	1,000,000

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.