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6 Best Performing Tax Saving Mutual Funds 2019 | Fincash.com

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6 Best Performing Tax Saving Mutual Funds 2019

Updated on January 17, 2019 , 97 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

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2017 (%)
Tata India Tax Savings Fund Growth ₹16.9407
↓ -0.04
₹1,5126.70.3-8.214.7 -8.4
IDFC Tax Advantage (ELSS) Fund Growth ₹52.86
↓ -0.20
₹1,6891.8-3.8-12.414.816.4-9.4
Aditya Birla Sun Life Tax Relief '96 Growth ₹30.49
↓ -0.01
₹6,9843.6-1.6-4.71519.2-4.5
DSP BlackRock Tax Saver Fund Growth ₹44.711
↓ -0.25
₹4,5675.8-0.1-8.414.617.5-7.6
L&T Tax Advantage Fund Growth ₹52.005
↓ -0.36
₹3,221-0.6-5.3-11.615.316.1-8.1
HDFC Long Term Advantage Fund Growth ₹342.866
↓ -0.19
₹1,4796.22.3-4.517.416.2-3.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Jan 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 13.2% 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 Jan 19) ₹16.9407 ↓ -0.04   (-0.25 %)
Net Assets (Cr) ₹1,512 on 30 Nov 18
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.42
Information Ratio -0.18
Alpha Ratio -15.19
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,530
31 Dec 15₹11,931
31 Dec 16₹12,187
31 Dec 17₹17,793
31 Dec 18₹16,302

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 ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jan 19

DurationReturns
1 Month -0.1%
3 Month 6.7%
6 Month 0.3%
1 Year -8.2%
3 Year 14.7%
5 Year
10 Year
15 Year
Since launch 13.2%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -8.4%
2016 46%
2015 2.1%
2014 13.3%
2013
2012
2011
2010
2009
2008
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Rupesh Patel1 Apr 153.59 Yr.
Ennette Fernandes18 Jun 180.37 Yr.

Data below for Tata India Tax Savings Fund as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services41.2%
Consumer Cyclical15.5%
Consumer Defensive10.42%
Industrials9.22%
Technology7.36%
Health Care4.98%
Energy3.6%
Basic Materials3.42%
Real Estate0.7%
Asset Allocation
Asset ClassValue
Cash2.86%
Equity96.41%
Debt0.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹145 Cr4,015,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
8%₹119 Cr560,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹84 Cr1,360,000
↑ 260,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹84 Cr2,830,000
↑ 790,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
4%₹67 Cr1,020,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹62 Cr495,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹61 Cr310,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
4%₹56 Cr500,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹47 Cr250,000
Havells India Ltd (Industrials)
Equity, Since 31 Aug 17 | 517354
3%₹45 Cr656,000

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 18% 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 Jan 19) ₹52.86 ↓ -0.20   (-0.38 %)
Net Assets (Cr) ₹1,689 on 30 Nov 18
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.74
Sharpe Ratio -0.55
Information Ratio -0.15
Alpha Ratio -9.94
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹14,221
31 Dec 15₹15,202
31 Dec 16₹15,265
31 Dec 17₹23,410
31 Dec 18₹21,209

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 ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for IDFC Tax Advantage (ELSS) Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Jan 19

DurationReturns
1 Month -2.3%
3 Month 1.8%
6 Month -3.8%
1 Year -12.4%
3 Year 14.8%
5 Year 16.4%
10 Year
15 Year
Since launch 18%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -9.4%
2016 53.4%
2015 0.4%
2014 6.9%
2013 42.2%
2012 15%
2011 36.2%
2010 -23.3%
2009 24%
2008 70.8%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 162.03 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services25.04%
Consumer Cyclical15.77%
Basic Materials10.84%
Technology9.43%
Industrials7.74%
Consumer Defensive7.35%
Health Care5.73%
Energy5.63%
Utility5.24%
Asset Allocation
Asset ClassValue
Cash6.59%
Equity93.4%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Triparty Repo
CBLO/Reverse Repo | -
7%₹118 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
6%₹95 Cr2,650,000
↑ 50,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹74 Cr350,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹62 Cr550,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
3%₹56 Cr1,900,000
↑ 300,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
3%₹54 Cr825,000
↑ 25,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹51 Cr1,010,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹46 Cr800,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
2%₹34 Cr550,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 18 | ITC
2%₹34 Cr1,200,000

3. 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 10.8% 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 Jan 19) ₹30.49 ↓ -0.01   (-0.03 %)
Net Assets (Cr) ₹6,984 on 30 Nov 18
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.42
Sharpe Ratio -0.19
Information Ratio -0.06
Alpha Ratio -4.39
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹15,455
31 Dec 15₹16,875
31 Dec 16₹17,446
31 Dec 17₹24,977
31 Dec 18₹23,843

Aditya Birla Sun Life Tax Relief '96 SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
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 Jan 19

DurationReturns
1 Month -1%
3 Month 3.6%
6 Month -1.6%
1 Year -4.7%
3 Year 15%
5 Year 19.2%
10 Year
15 Year
Since launch 10.8%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -4.5%
2016 43.2%
2015 3.4%
2014 9.2%
2013 54.6%
2012 9.1%
2011 36.6%
2010 -29.6%
2009 13.5%
2008 102.8%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0612.09 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 30 Nov 18

Equity Sector Allocation
SectorValue
Consumer Cyclical21.81%
Financial Services18.86%
Health Care13.38%
Basic Materials11.16%
Industrials11.13%
Consumer Defensive9.06%
Energy7.22%
Technology5.02%
Asset Allocation
Asset ClassValue
Cash2.71%
Equity97.65%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
8%₹545 Cr247,838
↑ 5,067
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
7%₹522 Cr4,651,330
↑ 126,000
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹490 Cr753,410
↑ 13,445
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
6%₹431 Cr1,021,887
↑ 20,411
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
5%₹391 Cr1,368,850
↑ 33,281
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
5%₹372 Cr2,456,639
↑ 50,823
Thomas Cook India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 15 | THOMASCOOK
5%₹350 Cr14,941,212
↑ 460,039
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
5%₹330 Cr1,676,393
Sundaram Clayton Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | 520056
4%₹319 Cr878,222
↑ 1,957
Shoppers Stop Ltd (Consumer Cyclical)
Equity, Since 31 Oct 10 | 532638
4%₹256 Cr4,736,904
↑ 154,121

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 13.3% 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 Jan 19) ₹44.711 ↓ -0.25   (-0.55 %)
Net Assets (Cr) ₹4,567 on 30 Nov 18
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio -0.39
Information Ratio -0.22
Alpha Ratio -5.51
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹15,221
31 Dec 15₹15,891
31 Dec 16₹17,682
31 Dec 17₹24,099
31 Dec 18₹22,258

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 ₹470,047.
Net Profit of ₹170,047
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 Jan 19

DurationReturns
1 Month -0.4%
3 Month 5.8%
6 Month -0.1%
1 Year -8.4%
3 Year 14.6%
5 Year 17.5%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -7.6%
2016 36.3%
2015 11.3%
2014 4.4%
2013 52.2%
2012 6.7%
2011 39.8%
2010 -26.7%
2009 23.3%
2008 84.2%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 153.3 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services38.85%
Technology12.57%
Basic Materials10.55%
Industrials7.83%
Health Care7.13%
Consumer Defensive5.64%
Consumer Cyclical4.81%
Energy3.86%
Utility2.39%
Real Estate0.72%
Asset Allocation
Asset ClassValue
Cash4.39%
Equity95.46%
Other0.15%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹438 Cr12,166,301
↑ 1,450,347
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
9%₹400 Cr1,882,985
↑ 32,958
Treps / Reverse Repo Investments
CBLO/Reverse Repo | -
4%₹205 Cr
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹189 Cr2,865,745
↑ 770,998
State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN
4%₹188 Cr6,370,022
↑ 318,603
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
4%₹177 Cr1,230,394
↑ 133,353
Tech Mahindra Ltd (Technology)
Equity, Since 30 Jun 18 | 532755
3%₹137 Cr1,893,615
↓ -414,013
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
2%₹99 Cr1,599,318
↑ 627,821
Aurobindo Pharma Ltd (Healthcare)
Equity, Since 30 Sep 18 | AUROPHARMA
2%₹98 Cr1,342,803
↑ 234,577
ITC Ltd (Consumer Defensive)
Equity, Since 31 Dec 18 | ITC
2%₹97 Cr3,456,080
↑ 3,456,080

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 13.6% 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 Jan 19) ₹52.005 ↓ -0.36   (-0.69 %)
Net Assets (Cr) ₹3,221 on 30 Nov 18
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.38
Information Ratio -0.05
Alpha Ratio -7
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹14,475
31 Dec 15₹14,896
31 Dec 16₹16,106
31 Dec 17₹22,915
31 Dec 18₹21,063

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 ₹458,689.
Net Profit of ₹158,689
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 Jan 19

DurationReturns
1 Month -2.1%
3 Month -0.6%
6 Month -5.3%
1 Year -11.6%
3 Year 15.3%
5 Year 16.1%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -8.1%
2016 42.3%
2015 8.1%
2014 2.9%
2013 44.8%
2012 6.8%
2011 27.4%
2010 -21.8%
2009 29.2%
2008 86.7%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
S.N. Lahiri24 Nov 125.94 Yr.

Data below for L&T Tax Advantage Fund as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services26.08%
Industrials15.16%
Consumer Cyclical13.93%
Basic Materials13%
Technology12.15%
Health Care5.95%
Energy3.36%
Consumer Defensive2.6%
Communication Services1.93%
Utility1.07%
Asset Allocation
Asset ClassValue
Cash2.79%
Equity95.86%
Other1.35%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
5%₹165 Cr777,700
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
5%₹151 Cr4,180,200
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 17 | HDFC
4%₹128 Cr649,000
Graphite India Ltd (Industrials)
Equity, Since 31 Jan 17 | 509488
4%₹123 Cr1,632,935
↓ -42,035
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹108 Cr753,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
3%₹107 Cr565,700
↑ 23,500
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹92 Cr1,836,000
(A) Tri Party Repo Dealing System (Treps)
CBLO/Reverse Repo | -
3%₹90 Cr
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹89 Cr1,355,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 07 | ITC
3%₹83 Cr2,960,500

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 21.6% 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 Jan 19) ₹342.866 ↓ -0.19   (-0.06 %)
Net Assets (Cr) ₹1,479 on 30 Nov 18
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.49
Sharpe Ratio -0.15
Information Ratio 0.17
Alpha Ratio -9.42
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 13₹10,000
31 Dec 14₹14,468
31 Dec 15₹14,121
31 Dec 16₹15,959
31 Dec 17₹21,735
31 Dec 18₹20,888

HDFC Long Term 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 ₹458,689.
Net Profit of ₹158,689
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 Jan 19

DurationReturns
1 Month 0.6%
3 Month 6.2%
6 Month 2.3%
1 Year -4.5%
3 Year 17.4%
5 Year 16.2%
10 Year
15 Year
Since launch 21.6%
Historical performance (Yearly) on absolute basis
YearReturns
2017 -3.9%
2016 36.2%
2015 13%
2014 -2.4%
2013 44.7%
2012 11%
2011 28.8%
2010 -23.5%
2009 28.4%
2008 88.9%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0711.59 Yr.
Rakesh Vyas10 May 126.48 Yr.

Data below for HDFC Long Term Advantage Fund as on 30 Nov 18

Equity Sector Allocation
SectorValue
Financial Services30.82%
Industrials18.07%
Energy11.96%
Basic Materials9.35%
Technology8.99%
Consumer Defensive4.57%
Health Care4.29%
Consumer Cyclical4.03%
Utility2.06%
Communication Services0.86%
Asset Allocation
Asset ClassValue
Cash5%
Equity95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹137 Cr645,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 05 | RELIANCE
9%₹129 Cr1,150,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹119 Cr3,300,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
7%₹96 Cr1,453,908
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
6%₹87 Cr607,500
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
5%₹79 Cr400,000
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
5%₹77 Cr2,600,000
Collateralised Borrowing & Lending Obligation
CBLO | -
5%₹76 Cr
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹65 Cr2,322,910
Vesuvius India Ltd (Industrials)
Equity, Since 31 Jan 11 | 520113
3%₹47 Cr400,000

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?

  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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