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6 Best Performing Tax Saving Mutual Funds 2020 | Fincash.com

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6 Best Performing Tax Saving Mutual Funds 2020

Updated on October 17, 2020 , 951 views

With tax season around the corner, investors who invest in ELSS always look at the funds that are performing best in the market. Since, many investors find it difficult to choose one fund amongst so many, we are here to suggest some best performers in the ELSS category.

Investors can invest in these funds and save up to INR 1.5 lakh every year under Section 80C of Income Tax Act 1961. ELSS schemes have a lock-in period of minimum 3 years. Our recommended best performing tax saving Mutual Funds has been carefully shortlisted by undertaking some of the important parameters like AUM, NAV, past performances, etc.

Thus, investors can easily plan their tax savings by Investing in these funds.

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Tax-Savings

Best Performing Tax Saving Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2019 (%)
IDFC Tax Advantage (ELSS) Fund Growth ₹54.37
↑ 0.32
₹2,22810.230.52.4-0.171.9
Tata India Tax Savings Fund Growth ₹18.5008
↑ 0.18
₹2,0709.223.90.62.78.713.6
L&T Tax Advantage Fund Growth ₹53.98
↑ 0.30
₹3,0879.725.11.70.17.14.6
DSP BlackRock Tax Saver Fund Growth ₹49.728
↑ 0.49
₹6,1786.322.6-0.92.68.914.8
Invesco India Tax Plan Growth ₹54.49
↑ 0.24
₹1,1348.4255.65.78.89.4
Kotak Tax Saver Fund Growth ₹46.522
↑ 0.29
₹1,2759.123.554.28.212.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Oct 20
*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 15.4% since its launch.  Ranked 3 in ELSS category.  Return for 2019 was 1.9% , 2018 was -9.4% and 2017 was 53.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (19 Oct 20) ₹54.37 ↑ 0.32   (0.59 %)
Net Assets (Cr) ₹2,228 on 30 Sep 20
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.22
Sharpe Ratio 0.1
Information Ratio -0.68
Alpha Ratio 2.26
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹10,987
30 Sep 17₹13,999
30 Sep 18₹14,223
30 Sep 19₹14,060
30 Sep 20₹14,192

IDFC Tax Advantage (ELSS) Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
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 19 Oct 20

DurationReturns
1 Month -1.4%
3 Month 10.2%
6 Month 30.5%
1 Year 2.4%
3 Year -0.1%
5 Year 7%
10 Year
15 Year
Since launch 15.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 24%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 163.95 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services18.67%
Consumer Cyclical13.98%
Technology13.38%
Industrials12.61%
Health Care11.01%
Basic Materials10.74%
Energy6.94%
Consumer Defensive6.61%
Communication Services3.21%
Utility0.35%
Asset Allocation
Asset ClassValue
Cash2.48%
Equity97.51%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
6%₹136 Cr1,350,000
↑ 150,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
6%₹128 Cr3,600,000
↓ -300,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
6%₹123 Cr550,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹86 Cr800,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹82 Cr1,000,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹72 Cr1,700,000
Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 18 | 524494
3%₹63 Cr290,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
3%₹62 Cr1,800,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 20 | ITC
3%₹58 Cr3,400,000
↑ 700,000
Mastek Ltd (Technology)
Equity, Since 31 Jan 17 | 523704
2%₹53 Cr615,000
↓ -15,000

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 10.8% since its launch.  Ranked 1 in ELSS category.  Return for 2019 was 13.6% , 2018 was -8.4% and 2017 was 46% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (19 Oct 20) ₹18.5008 ↑ 0.18   (1.00 %)
Net Assets (Cr) ₹2,070 on 30 Sep 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio -0.08
Information Ratio -0.82
Alpha Ratio -2.56
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,735
30 Sep 17₹13,969
30 Sep 18₹13,707
30 Sep 19₹15,363
30 Sep 20₹14,906

Tata India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
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 19 Oct 20

DurationReturns
1 Month 1.7%
3 Month 9.2%
6 Month 23.9%
1 Year 0.6%
3 Year 2.7%
5 Year 8.7%
10 Year
15 Year
Since launch 10.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
2012
2011
2010
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Rupesh Patel1 Apr 155.51 Yr.
Ennette Fernandes18 Jun 182.29 Yr.

Data below for Tata India Tax Savings Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services28.61%
Energy17.88%
Technology11.9%
Consumer Cyclical9.98%
Health Care8.14%
Industrials6.35%
Basic Materials6.29%
Communication Services4.27%
Consumer Defensive3.27%
Real Estate0.57%
Asset Allocation
Asset ClassValue
Cash2.93%
Equity97.27%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
15%₹304 Cr1,360,000
↓ -20,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
10%₹199 Cr1,970,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹162 Cr1,500,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
7%₹145 Cr4,100,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹99 Cr5,325,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
4%₹88 Cr2,100,000
↓ -200,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹82 Cr470,000
↓ -95,000
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 31 Jul 18 | JUBLFOOD
3%₹66 Cr280,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 17 | DIVISLAB
3%₹61 Cr200,000
↓ -15,000
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | M&M
3%₹61 Cr1,000,000

3. 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 12.2% since its launch.  Ranked 7 in ELSS category.  Return for 2019 was 4.6% , 2018 was -8.1% and 2017 was 42.3% .

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

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (19 Oct 20) ₹53.98 ↑ 0.30   (0.56 %)
Net Assets (Cr) ₹3,087 on 30 Sep 20
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.04
Sharpe Ratio 0.05
Information Ratio -1.14
Alpha Ratio 0.21
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,313
30 Sep 17₹13,967
30 Sep 18₹14,109
30 Sep 19₹13,963
30 Sep 20₹14,041

L&T Tax Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
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 19 Oct 20

DurationReturns
1 Month 0.5%
3 Month 9.7%
6 Month 25.1%
1 Year 1.7%
3 Year 0.1%
5 Year 7.1%
10 Year
15 Year
Since launch 12.2%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 29.2%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
Venugopal Manghat17 Dec 190.79 Yr.
Vihang Naik17 Dec 190.79 Yr.

Data below for L&T Tax Advantage Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services20.96%
Health Care14.97%
Technology14.27%
Basic Materials13.38%
Consumer Cyclical12.7%
Energy6.82%
Industrials5.37%
Consumer Defensive5.31%
Communication Services1.86%
Asset Allocation
Asset ClassValue
Cash3.5%
Equity96.48%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
6%₹183 Cr818,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
5%₹143 Cr1,758,400
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
4%₹138 Cr1,370,200
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
4%₹128 Cr3,605,800
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹123 Cr491,900
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
3%₹92 Cr853,400
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
3%₹86 Cr675,107
Abbott India Ltd (Healthcare)
Equity, Since 28 Feb 19 | 500488
3%₹82 Cr50,000
Emami Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 531162
3%₹82 Cr2,333,743
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 07 | ITC
3%₹82 Cr4,771,387

4. 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 12.4% since its launch.  Ranked 12 in ELSS category.  Return for 2019 was 14.8% , 2018 was -7.6% and 2017 was 36.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (19 Oct 20) ₹49.728 ↑ 0.49   (1.00 %)
Net Assets (Cr) ₹6,178 on 30 Sep 20
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.91
Sharpe Ratio -0.06
Information Ratio -0.38
Alpha Ratio -3.77
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹12,045
30 Sep 17₹14,030
30 Sep 18₹13,920
30 Sep 19₹15,603
30 Sep 20₹15,161

DSP BlackRock Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
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 19 Oct 20

DurationReturns
1 Month 0.3%
3 Month 6.3%
6 Month 22.6%
1 Year -0.9%
3 Year 2.6%
5 Year 8.9%
10 Year
15 Year
Since launch 12.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 23.3%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 155.22 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services32.92%
Health Care10.29%
Basic Materials10.11%
Technology8.32%
Consumer Cyclical7.23%
Communication Services6.85%
Industrials6.45%
Consumer Defensive5.97%
Energy5.86%
Utility3.6%
Asset Allocation
Asset ClassValue
Cash2.17%
Equity97.83%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹568 Cr16,019,233
↑ 197,451
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
9%₹568 Cr5,262,093
↑ 60,048
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
7%₹423 Cr10,058,042
↓ -338,417
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
7%₹416 Cr4,125,016
↑ 68,159
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹253 Cr13,654,254
↑ 493,392
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
3%₹207 Cr927,181
↓ -68,997
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | 500124
3%₹189 Cr365,231
↑ 61,570
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 20 | HDFC
2%₹154 Cr887,596
↓ -35,766
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
2%₹132 Cr326,437
Manappuram Finance Ltd (Financial Services)
Equity, Since 30 Apr 20 | 531213
2%₹132 Cr8,382,554

5. 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.

Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.1% since its launch.  Ranked 17 in ELSS category.  Return for 2019 was 9.4% , 2018 was -1.3% and 2017 was 35.7% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (19 Oct 20) ₹54.49 ↑ 0.24   (0.44 %)
Net Assets (Cr) ₹1,134 on 30 Sep 20
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.14
Information Ratio 0.21
Alpha Ratio 2.98
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹10,988
30 Sep 17₹12,632
30 Sep 18₹13,908
30 Sep 19₹14,411
30 Sep 20₹15,006

Invesco India Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
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 19 Oct 20

DurationReturns
1 Month 0.5%
3 Month 8.4%
6 Month 25%
1 Year 5.6%
3 Year 5.7%
5 Year 8.8%
10 Year
15 Year
Since launch 13.1%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.4%
2018 -1.3%
2017 35.7%
2016 3.4%
2015 5.8%
2014 54.3%
2013 10.1%
2012 30.3%
2011 -18.9%
2010 22.1%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Nigam3 Sep 200.07 Yr.
Dhimant Kothari29 Mar 182.51 Yr.

Data below for Invesco India Tax Plan as on 30 Sep 20

Equity Sector Allocation
SectorValue
Financial Services26.88%
Energy11.49%
Technology11.06%
Consumer Cyclical10.2%
Industrials7.76%
Basic Materials7.48%
Consumer Defensive7.2%
Utility4.6%
Health Care4.39%
Communication Services3.94%
Real Estate0.56%
Asset Allocation
Asset ClassValue
Cash4.43%
Equity95.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
11%₹130 Cr582,815
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
9%₹102 Cr948,078
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
8%₹96 Cr950,093
↓ -59,282
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
6%₹67 Cr1,885,026
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
4%₹47 Cr226,766
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹47 Cr367,073
↓ -83,761
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
4%₹45 Cr1,061,837
↑ 284,509
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Apr 20 | 543066
3%₹29 Cr338,899
Vinati Organics Ltd (Basic Materials)
Equity, Since 29 Feb 20 | 524200
2%₹25 Cr184,799
↑ 28,099
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
2%₹24 Cr81,676

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 10.9% since its launch.  Ranked 19 in ELSS category.  Return for 2019 was 12.7% , 2018 was -3.8% and 2017 was 33.8% .

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund
Growth
Launch Date 23 Nov 05
NAV (19 Oct 20) ₹46.522 ↑ 0.29   (0.63 %)
Net Assets (Cr) ₹1,275 on 30 Sep 20
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.34
Sharpe Ratio 0.08
Information Ratio 0.09
Alpha Ratio 1.07
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 15₹10,000
30 Sep 16₹11,197
30 Sep 17₹12,954
30 Sep 18₹13,262
30 Sep 19₹14,403
30 Sep 20₹14,730

Kotak Tax Saver Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
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 19 Oct 20

DurationReturns
1 Month 1.5%
3 Month 9.1%
6 Month 23.5%
1 Year 5%
3 Year 4.2%
5 Year 8.2%
10 Year
15 Year
Since launch 10.9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 19.9%
Fund Manager information for Kotak Tax Saver Fund
NameSinceTenure
Harsha Upadhyaya25 Aug 155.11 Yr.

Data below for Kotak Tax Saver Fund as on 30 Sep 20

Equity Sector Allocation
SectorValue
Basic Materials17.65%
Financial Services16.22%
Industrials15.5%
Technology14.73%
Consumer Defensive10.54%
Energy8.88%
Consumer Cyclical6.29%
Health Care5.73%
Utility3.12%
Asset Allocation
Asset ClassValue
Cash0.96%
Equity99.01%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
9%₹113 Cr506,666
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
7%₹83 Cr825,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
6%₹75 Cr300,000
↑ 25,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
4%₹56 Cr270,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
4%₹50 Cr1,400,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹43 Cr105,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | 500124
3%₹42 Cr80,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
3%₹41 Cr380,000
Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 500825
3%₹38 Cr100,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
2%₹32 Cr750,000
↓ -27,025

Tax Savings in Equity Linked Saving Scheme

Let's check the tax benefits by comparing tax savings with and without ELSS:

Particulars Tax Planning (ELSS) No Tax Planning
Gross Total Income 8,00,000 8,00,000
Exemption from Taxation 1,50,000 Nil
Total Taxable Income 6,50,000 8,00,000
Tax to be Paid 32,500 62,500
Saved Amount 30,000 Nil

Hence, total amount saved by investing in ELSS is INR 30,000.

Benefits of Investing in Tax Saving Mutual Funds

Along with tax benefits, ELSS also offers you the following advantages:

Equity Returns

As ELSS is a combination of equity and tax saving, the money you invest grows as the stock market grows. So, investors can also earn returns from the equity market. Hence, ELSS is also an avenue for a long-term wealth creation.

SIP Benefits

Instead of investing a lump sum amount, investors can choose an easy path by investing monthly via a SIP. With a SIP, one can invest as low as INR 500, making it the most affordable tax-planning and investment avenue for the investors.

Shortest Lock-in Period

ELSS has lock-in period of 3 years, which is the shortest lock-in period among all other tax-saving instruments.

How to Invest in ELSS Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

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

    Get Started

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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