6 Best Performing Tax Saving Mutual Funds 2026

Updated on September 30, 2026 , 4541 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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Fund Selection Methodology used to find 6 funds

Category: Equity
Sub-category: ELSS
AUM Range: 1000 to 10000 Cr
Sorted On : drat (high to low)
Tags: fcpro
No Of Funds: 6

Best Performing Tax Saving Mutual Funds

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2025 (%)
Tata India Tax Savings Fund Growth	₹44.3688 ↓ -0.45	₹4,747	-4.2	7.3	0.9	10	10	4.9
Bandhan Tax Advantage (ELSS) Fund Growth	₹147.425 ↓ -0.82	₹7,005	-4.1	5.2	-2.5	7.2	9.3	8
HDFC Long Term Advantage Fund Growth	₹595.168 ↑ 0.28	₹1,318	1.2	15.4	35.5	20.6	17.4
BOI AXA Tax Advantage Fund Growth	₹158.86 ↓ -1.91	₹1,414	-3.6	6.7	0.7	9.8	9.6	-3.5
Kotak Tax Saver Fund Growth	₹112.245 ↓ -1.03	₹6,384	-2.4	7.8	-2.1	8.7	9.8	1.8
Invesco India Tax Plan Growth	₹120.84 ↓ -0.92	₹2,764	-1.5	13.5	-3	10	7.9	-2.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 1 Oct 26

Research Highlights & Commentary of 6 Funds showcased

Commentary	Tata India Tax Savings Fund	Bandhan Tax Advantage (ELSS) Fund	HDFC Long Term Advantage Fund	BOI AXA Tax Advantage Fund	Kotak Tax Saver Fund	Invesco India Tax Plan
Point 1	Upper mid AUM (₹4,747 Cr).	Highest AUM (₹7,005 Cr).	Bottom quartile AUM (₹1,318 Cr).	Bottom quartile AUM (₹1,414 Cr).	Upper mid AUM (₹6,384 Cr).	Lower mid AUM (₹2,764 Cr).
Point 2	Established history (11+ yrs).	Established history (17+ yrs).	Oldest track record among peers (25 yrs).	Established history (17+ yrs).	Established history (20+ yrs).	Established history (19+ yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 3★ (upper mid).	Rating: 3★ (lower mid).	Rating: 3★ (bottom quartile).	Rating: 3★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 9.99% (upper mid).	5Y return: 9.33% (bottom quartile).	5Y return: 17.39% (top quartile).	5Y return: 9.60% (lower mid).	5Y return: 9.84% (upper mid).	5Y return: 7.91% (bottom quartile).
Point 6	3Y return: 9.98% (upper mid).	3Y return: 7.25% (bottom quartile).	3Y return: 20.64% (top quartile).	3Y return: 9.77% (lower mid).	3Y return: 8.70% (bottom quartile).	3Y return: 9.99% (upper mid).
Point 7	1Y return: 0.86% (upper mid).	1Y return: -2.49% (bottom quartile).	1Y return: 35.51% (top quartile).	1Y return: 0.67% (upper mid).	1Y return: -2.07% (lower mid).	1Y return: -3.00% (bottom quartile).
Point 8	Alpha: 6.01 (top quartile).	Alpha: -0.02 (bottom quartile).	Alpha: 1.75 (upper mid).	Alpha: 2.55 (upper mid).	Alpha: 0.24 (lower mid).	Alpha: 0.13 (bottom quartile).
Point 9	Sharpe: 0.40 (upper mid).	Sharpe: 0.03 (bottom quartile).	Sharpe: 2.27 (top quartile).	Sharpe: 0.19 (upper mid).	Sharpe: 0.08 (lower mid).	Sharpe: 0.04 (bottom quartile).
Point 10	Information ratio: 0.18 (upper mid).	Information ratio: -0.92 (bottom quartile).	Information ratio: -0.15 (lower mid).	Information ratio: 0.16 (upper mid).	Information ratio: -0.26 (bottom quartile).	Information ratio: 0.20 (top quartile).

Tata India Tax Savings Fund

Upper mid AUM (₹4,747 Cr).
Established history (11+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 9.99% (upper mid).
3Y return: 9.98% (upper mid).
1Y return: 0.86% (upper mid).
Alpha: 6.01 (top quartile).
Sharpe: 0.40 (upper mid).
Information ratio: 0.18 (upper mid).

Bandhan Tax Advantage (ELSS) Fund

Highest AUM (₹7,005 Cr).
Established history (17+ yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately High.
5Y return: 9.33% (bottom quartile).
3Y return: 7.25% (bottom quartile).
1Y return: -2.49% (bottom quartile).
Alpha: -0.02 (bottom quartile).
Sharpe: 0.03 (bottom quartile).
Information ratio: -0.92 (bottom quartile).

HDFC Long Term Advantage Fund

Bottom quartile AUM (₹1,318 Cr).
Oldest track record among peers (25 yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 17.39% (top quartile).
3Y return: 20.64% (top quartile).
1Y return: 35.51% (top quartile).
Alpha: 1.75 (upper mid).
Sharpe: 2.27 (top quartile).
Information ratio: -0.15 (lower mid).

BOI AXA Tax Advantage Fund

Bottom quartile AUM (₹1,414 Cr).
Established history (17+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 9.60% (lower mid).
3Y return: 9.77% (lower mid).
1Y return: 0.67% (upper mid).
Alpha: 2.55 (upper mid).
Sharpe: 0.19 (upper mid).
Information ratio: 0.16 (upper mid).

Kotak Tax Saver Fund

Upper mid AUM (₹6,384 Cr).
Established history (20+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 9.84% (upper mid).
3Y return: 8.70% (bottom quartile).
1Y return: -2.07% (lower mid).
Alpha: 0.24 (lower mid).
Sharpe: 0.08 (lower mid).
Information ratio: -0.26 (bottom quartile).

Invesco India Tax Plan

Lower mid AUM (₹2,764 Cr).
Established history (19+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 7.91% (bottom quartile).
3Y return: 9.99% (upper mid).
1Y return: -3.00% (bottom quartile).
Alpha: 0.13 (bottom quartile).
Sharpe: 0.04 (bottom quartile).
Information ratio: 0.20 (top quartile).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

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MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 10+ years in Mutual Fund distribution

Our Expertise

Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

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Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

*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..

Research Highlights for Tata India Tax Savings Fund

Upper mid AUM (₹4,747 Cr).
Established history (11+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 9.99% (upper mid).
3Y return: 9.98% (upper mid).
1Y return: 0.86% (upper mid).
Alpha: 6.01 (top quartile).
Sharpe: 0.40 (upper mid).
Information ratio: 0.18 (upper mid).

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund Growth
Launch Date	13 Oct 14
NAV (01 Oct 26)	₹44.3688 ↓ -0.45 (-1.01 %)
Net Assets (Cr)	₹4,747 on 31 Aug 26
Category	Equity - ELSS
AMC	Tata Asset Management Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.83
Sharpe Ratio	0.4
Information Ratio	0.18
Alpha Ratio	6.01
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹10,192
30 Sep 23	₹12,034
30 Sep 24	₹16,837
30 Sep 25	₹15,781
30 Sep 26	₹16,174

Tata India Tax Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859 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 1 Oct 26

Duration	Returns
1 Month	-6.9%
3 Month	-4.2%
6 Month	7.3%
1 Year	0.9%
3 Year	10%
5 Year	10%
10 Year
15 Year
Since launch	13.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	4.9%
2024	19.5%
2023	24%
2022	5.9%
2021	30.4%
2020	11.9%
2019	13.6%
2018	-8.4%
2017	46%
2016	2.1%

Fund Manager information for Tata India Tax Savings Fund

Name	Since	Tenure
Sailesh Jain	16 Dec 21	4.71 Yr.

Data below for Tata India Tax Savings Fund as on 31 Aug 26

Equity Sector Allocation

Sector	Value
Financial Services	35.22%
Industrials	17.22%
Consumer Cyclical	13.15%
Health Care	6.74%
Communication Services	5.44%
Energy	4.66%
Basic Materials	4.52%
Technology	3.12%
Utility	2.38%
Real Estate	2.26%
Consumer Defensive	1.57%

Asset Allocation

Asset Class	Value
Cash	3.73%
Equity	96.27%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Mar 26 \| BHARTIARTL	5%	₹258 Cr	1,426,428
ICICI Bank Ltd (Financial Services) Equity, Since 30 Nov 16 \| ICICIBANK	5%	₹238 Cr	1,639,000
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 10 \| HDFCBANK	5%	₹228 Cr	3,210,000
State Bank of India (Financial Services) Equity, Since 30 Nov 18 \| SBIN	5%	₹216 Cr	2,040,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jan 18 \| RELIANCE	4%	₹172 Cr	1,350,000
Samvardhana Motherson International Ltd (Consumer Cyclical) Equity, Since 30 Nov 22 \| MOTHERSON	3%	₹154 Cr	9,000,000 ↓ -850,000
PB Fintech Ltd (Financial Services) Equity, Since 28 Feb 26 \| POLICYBZR	3%	₹153 Cr	814,850
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Nov 16 \| LT	3%	₹142 Cr	352,147
Pricol Ltd (Consumer Cyclical) Equity, Since 31 Jan 24 \| PRICOLLTD	3%	₹135 Cr	1,682,941
Motilal Oswal Financial Services Ltd (Financial Services) Equity, Since 30 Nov 25 \| MOTILALOFS	3%	₹128 Cr	1,231,123

2. Bandhan 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.

Research Highlights for Bandhan Tax Advantage (ELSS) Fund

Highest AUM (₹7,005 Cr).
Established history (17+ yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately High.
5Y return: 9.33% (bottom quartile).
3Y return: 7.25% (bottom quartile).
1Y return: -2.49% (bottom quartile).
Alpha: -0.02 (bottom quartile).
Sharpe: 0.03 (bottom quartile).
Information ratio: -0.92 (bottom quartile).

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

Bandhan Tax Advantage (ELSS) Fund Growth
Launch Date	26 Dec 08
NAV (01 Oct 26)	₹147.425 ↓ -0.82 (-0.56 %)
Net Assets (Cr)	₹7,005 on 31 Jul 26
Category	Equity - ELSS
AMC	IDFC Asset Management Company Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.74
Sharpe Ratio	0.03
Information Ratio	-0.92
Alpha Ratio	-0.02
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹10,337
30 Sep 23	₹12,656
30 Sep 24	₹16,987
30 Sep 25	₹15,870
30 Sep 26	₹15,699

Bandhan Tax Advantage (ELSS) Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859 Invest Now

Returns for Bandhan 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 1 Oct 26

Duration	Returns
1 Month	-5.2%
3 Month	-4.1%
6 Month	5.2%
1 Year	-2.5%
3 Year	7.2%
5 Year	9.3%
10 Year
15 Year
Since launch	16.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	8%
2024	13.1%
2023	28.3%
2022	4.2%
2021	49.2%
2020	18.7%
2019	1.9%
2018	-9.4%
2017	53.4%
2016	0.4%

Fund Manager information for Bandhan Tax Advantage (ELSS) Fund

Name	Since	Tenure
Daylynn Pinto	20 Oct 16	9.87 Yr.
Ritika Behera	7 Oct 23	2.9 Yr.
Gaurav Satra	10 Jun 24	2.23 Yr.

Data below for Bandhan Tax Advantage (ELSS) Fund as on 31 Jul 26

Equity Sector Allocation

Sector	Value
Financial Services	36.02%
Consumer Defensive	9.84%
Technology	8.96%
Consumer Cyclical	8.27%
Energy	7.9%
Health Care	6.96%
Basic Materials	6.72%
Industrials	3.96%
Communication Services	2.47%
Real Estate	2.39%
Utility	1.69%

Asset Allocation

Asset Class	Value
Cash	4.82%
Equity	95.18%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Sep 14 \| HDFCBANK	8%	₹539 Cr	7,600,000 ↑ 200,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| KOTAKBANK	6%	₹440 Cr	10,500,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 18 \| RELIANCE	6%	₹434 Cr	3,400,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 16 \| ICICIBANK	6%	₹393 Cr	2,700,000
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Oct 21 \| TCS	4%	₹300 Cr	1,250,000
Infosys Ltd (Technology) Equity, Since 31 Jul 15 \| INFY	3%	₹215 Cr	1,900,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 21 \| 532215	3%	₹208 Cr	1,600,000
Maruti Suzuki India Ltd (Consumer Cyclical) Equity, Since 30 Sep 23 \| MARUTI	3%	₹183 Cr	135,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jan 20 \| BHARTIARTL	2%	₹172 Cr	950,000
Larsen & Toubro Ltd (Industrials) Equity, Since 29 Feb 24 \| LT	2%	₹162 Cr	400,000

3. HDFC Long Term Advantage Fund

To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments

Research Highlights for HDFC Long Term Advantage Fund

Bottom quartile AUM (₹1,318 Cr).
Oldest track record among peers (25 yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 17.39% (top quartile).
3Y return: 20.64% (top quartile).
1Y return: 35.51% (top quartile).
Alpha: 1.75 (upper mid).
Sharpe: 2.27 (top quartile).
Information ratio: -0.15 (lower mid).

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund Growth
Launch Date	2 Jan 01
NAV (14 Jan 22)	₹595.168 ↑ 0.28 (0.05 %)
Net Assets (Cr)	₹1,318 on 30 Nov 21
Category	Equity - ELSS
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.25
Sharpe Ratio	2.27
Information Ratio	-0.15
Alpha Ratio	1.75
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value

HDFC Long Term Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 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 1 Oct 26

Duration	Returns
1 Month	4.4%
3 Month	1.2%
6 Month	15.4%
1 Year	35.5%
3 Year	20.6%
5 Year	17.4%
10 Year
15 Year
Since launch	21.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Fund Manager information for HDFC Long Term Advantage Fund

Name	Since	Tenure

Data below for HDFC Long Term Advantage Fund as on 30 Nov 21

Equity Sector Allocation

Sector	Value

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

4. BOI AXA Tax Advantage Fund

The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.)

Research Highlights for BOI AXA Tax Advantage Fund

Bottom quartile AUM (₹1,414 Cr).
Established history (17+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 9.60% (lower mid).
3Y return: 9.77% (lower mid).
1Y return: 0.67% (upper mid).
Alpha: 2.55 (upper mid).
Sharpe: 0.19 (upper mid).
Information ratio: 0.16 (upper mid).

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund Growth
Launch Date	25 Feb 09
NAV (01 Oct 26)	₹158.86 ↓ -1.91 (-1.19 %)
Net Assets (Cr)	₹1,414 on 31 Aug 26
Category	Equity - ELSS
AMC	BOI AXA Investment Mngrs Private Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.97
Sharpe Ratio	0.19
Information Ratio	0.16
Alpha Ratio	2.55
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹9,743
30 Sep 23	₹11,953
30 Sep 24	₹17,421
30 Sep 25	₹15,627
30 Sep 26	₹16,000

BOI AXA Tax Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859 Invest Now

Returns for BOI AXA 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 1 Oct 26

Duration	Returns
1 Month	-4.2%
3 Month	-3.6%
6 Month	6.7%
1 Year	0.7%
3 Year	9.8%
5 Year	9.6%
10 Year
15 Year
Since launch	17%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-3.5%
2024	21.6%
2023	34.8%
2022	-1.3%
2021	41.5%
2020	31.2%
2019	14.6%
2018	-16.3%
2017	57.7%
2016	-1.2%

Fund Manager information for BOI AXA Tax Advantage Fund

Name	Since	Tenure
Alok Singh	27 Apr 22	4.35 Yr.

Data below for BOI AXA Tax Advantage Fund as on 31 Aug 26

Equity Sector Allocation

Sector	Value
Industrials	21.34%
Financial Services	21.26%
Basic Materials	10.51%
Consumer Cyclical	9.13%
Consumer Defensive	6%
Utility	4.14%
Technology	3.34%
Communication Services	3.2%
Health Care	3.17%
Energy	2.03%
Real Estate	0.12%

Asset Allocation

Asset Class	Value
Cash	15.07%
Equity	84.81%
Debt	0.12%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
State Bank of India (Financial Services) Equity, Since 31 Oct 21 \| SBIN	5%	₹76 Cr	715,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 18 \| ICICIBANK	5%	₹64 Cr	440,000
Hindustan Aeronautics Ltd Ordinary Shares (Industrials) Equity, Since 31 Jul 23 \| HAL	4%	₹53 Cr	110,000
Quality Power Electrical Equipments Ltd (Industrials) Equity, Since 31 Jul 25 \| QPOWER	3%	₹47 Cr	324,293
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Sep 24 \| BHARTIARTL	3%	₹45 Cr	250,000 ↑ 15,000
UNO Minda Ltd (Consumer Cyclical) Equity, Since 31 Aug 22 \| UNOMINDA	3%	₹42 Cr	330,439
Balrampur Chini Mills Ltd (Consumer Defensive) Equity, Since 30 Apr 22 \| BALRAMCHIN	3%	₹40 Cr	579,622 ↑ 14,622
HEG Advanced Materials Ltd (Industrials) Equity, Since 31 Dec 22 \| HEG	3%	₹39 Cr	530,000
LG Electronics India Ltd (Technology) Equity, Since 31 Dec 25 \| LGEINDIA	3%	₹37 Cr	217,000
E I D Parry India Ltd (Basic Materials) Equity, Since 31 Aug 26 \| EIDPARRY	3%	₹36 Cr	450,000 ↑ 450,000

5. 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.

Research Highlights for Kotak Tax Saver Fund

Upper mid AUM (₹6,384 Cr).
Established history (20+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 9.84% (upper mid).
3Y return: 8.70% (bottom quartile).
1Y return: -2.07% (lower mid).
Alpha: 0.24 (lower mid).
Sharpe: 0.08 (lower mid).
Information ratio: -0.26 (bottom quartile).

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund Growth
Launch Date	23 Nov 05
NAV (01 Oct 26)	₹112.245 ↓ -1.03 (-0.91 %)
Net Assets (Cr)	₹6,384 on 31 Aug 26
Category	Equity - ELSS
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.76
Sharpe Ratio	0.08
Information Ratio	-0.26
Alpha Ratio	0.24
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹10,331
30 Sep 23	₹12,400
30 Sep 24	₹17,390
30 Sep 25	₹16,151
30 Sep 26	₹16,075

Kotak Tax Saver Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859 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 1 Oct 26

Duration	Returns
1 Month	-4.9%
3 Month	-2.4%
6 Month	7.8%
1 Year	-2.1%
3 Year	8.7%
5 Year	9.8%
10 Year
15 Year
Since launch	12.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	1.8%
2024	21.8%
2023	23.6%
2022	6.9%
2021	33.2%
2020	14.9%
2019	12.7%
2018	-3.8%
2017	33.8%
2016	7.5%

Fund Manager information for Kotak Tax Saver Fund

Name	Since	Tenure
Harsha Upadhyaya	25 Aug 15	11.03 Yr.

Data below for Kotak Tax Saver Fund as on 31 Aug 26

Equity Sector Allocation

Sector	Value
Financial Services	31.37%
Consumer Cyclical	14.34%
Industrials	11%
Health Care	10.41%
Basic Materials	8.11%
Technology	6.68%
Energy	4.91%
Communication Services	4.26%
Consumer Defensive	3.94%
Utility	3.74%

Asset Allocation

Asset Class	Value
Cash	1.25%
Equity	98.75%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| HDFCBANK	7%	₹425 Cr	6,000,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	5%	₹334 Cr	2,300,000
State Bank of India (Financial Services) Equity, Since 28 Feb 21 \| SBIN	5%	₹334 Cr	3,150,000
Bharti Airtel Ltd (Communication Services) Equity, Since 28 Feb 21 \| BHARTIARTL	3%	₹217 Cr	1,200,000 ↓ -15,714
Eternal Ltd (Consumer Cyclical) Equity, Since 31 Jul 24 \| ETERNAL	3%	₹197 Cr	6,000,000
Tech Mahindra Ltd (Technology) Equity, Since 31 Aug 23 \| 532755	3%	₹195 Cr	1,200,000
Bosch Ltd (Consumer Cyclical) Equity, Since 28 Feb 23 \| 500530	3%	₹175 Cr	35,000
NTPC Ltd (Utilities) Equity, Since 30 Sep 22 \| 532555	3%	₹170 Cr	5,200,000
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Jan 25 \| 500034	3%	₹166 Cr	1,575,000
Divi's Laboratories Ltd (Healthcare) Equity, Since 31 May 25 \| DIVISLAB	3%	₹166 Cr	175,000

6. Invesco India Tax Plan

The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Research Highlights for Invesco India Tax Plan

Lower mid AUM (₹2,764 Cr).
Established history (19+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 7.91% (bottom quartile).
3Y return: 9.99% (upper mid).
1Y return: -3.00% (bottom quartile).
Alpha: 0.13 (bottom quartile).
Sharpe: 0.04 (bottom quartile).
Information ratio: 0.20 (top quartile).

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan Growth
Launch Date	29 Dec 06
NAV (01 Oct 26)	₹120.84 ↓ -0.92 (-0.76 %)
Net Assets (Cr)	₹2,764 on 31 Aug 26
Category	Equity - ELSS
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.88
Sharpe Ratio	0.04
Information Ratio	0.2
Alpha Ratio	0.13
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹9,229
30 Sep 23	₹10,953
30 Sep 24	₹15,900
30 Sep 25	₹14,948
30 Sep 26	₹14,686

Invesco India Tax Plan SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070 Invest Now

Returns for Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 26

Duration	Returns
1 Month	-5.7%
3 Month	-1.5%
6 Month	13.5%
1 Year	-3%
3 Year	10%
5 Year	7.9%
10 Year
15 Year
Since launch	13.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-2.8%
2024	25.2%
2023	30.9%
2022	-7.7%
2021	32.6%
2020	19.2%
2019	9.4%
2018	-1.3%
2017	35.7%
2016	3.4%

Fund Manager information for Invesco India Tax Plan

Name	Since	Tenure
Deepesh Kashyap	1 Jul 25	1.17 Yr.

Data below for Invesco India Tax Plan as on 31 Aug 26

Equity Sector Allocation

Sector	Value
Financial Services	30.31%
Consumer Cyclical	20.54%
Industrials	14.25%
Health Care	11.04%
Technology	7.29%
Real Estate	5.68%
Basic Materials	4.93%
Consumer Defensive	2.89%
Communication Services	1.73%
Energy	0.81%

Asset Allocation

Asset Class	Value
Cash	0.54%
Equity	99.46%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 22 \| HDFCBANK	4%	₹119 Cr	1,680,697
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| ICICIBANK	4%	₹101 Cr	697,836 ↓ -36,732
Jyoti CNC Automation Ltd (Industrials) Equity, Since 30 Jun 24 \| JYOTICNC	2%	₹68 Cr	682,470 ↓ -76,591
Coforge Ltd (Technology) Equity, Since 31 May 24 \| COFORGE	2%	₹60 Cr	301,485 ↓ -18,660
Divi's Laboratories Ltd (Healthcare) Equity, Since 31 Jan 24 \| DIVISLAB	2%	₹58 Cr	61,507 ↑ 5,349
Axis Bank Ltd (Financial Services) Equity, Since 31 Jan 26 \| 532215	2%	₹58 Cr	447,024 ↓ -43,413
InterGlobe Aviation Ltd (Industrials) Equity, Since 31 May 25 \| INDIGO	2%	₹55 Cr	105,638
Eternal Ltd (Consumer Cyclical) Equity, Since 31 Aug 23 \| ETERNAL	2%	₹55 Cr	1,665,262 ↓ -180,851
Mrs Bectors Food Specialities Ltd Ordinary Shares (Consumer Defensive) Equity, Since 30 Sep 24 \| BECTORFOOD	2%	₹54 Cr	2,362,900 ↓ -126,133
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Jan 25 \| 500034	2%	₹53 Cr	498,585 ↓ -70,329

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.