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6 Best Performing Tax Saving Mutual Funds 2021 | Fincash.com

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6 Best Performing Tax Saving Mutual Funds 2021

Updated on September 20, 2021 , 1404 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 (%)2020 (%)
IDFC Tax Advantage (ELSS) Fund Growth ₹93.41
↑ 0.87
₹3,33910.125.376.618.61718.7
Tata India Tax Savings Fund Growth ₹27.4772
↑ 0.01
₹2,88811.618.556.217.514.411.9
DSP BlackRock Tax Saver Fund Growth ₹81.063
↑ 0.00
₹9,67511.12570.421.21615
L&T Tax Advantage Fund Growth ₹80.012
↑ 0.25
₹3,6529.819.953.813.413.213.5
HDFC Long Term Advantage Fund Growth ₹552.309
↑ 0.38
₹1,3639.621.764.517.115.411.5
Sundaram Diversified Equity Fund Growth ₹147.13
↓ -0.04
₹2,34012.521.8601411.59.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Sep 21
*List of TAX Saving mutual funds having net assets between 1000 Crore to 10,000 Crores.

1. IDFC Tax Advantage (ELSS) Fund

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund was launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.2% since its launch.  Ranked 3 in ELSS category.  Return for 2020 was 18.7% , 2019 was 1.9% and 2018 was -9.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (22 Sep 21) ₹93.41 ↑ 0.87   (0.94 %)
Net Assets (Cr) ₹3,339 on 31 Aug 21
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio 3.28
Information Ratio 0.01
Alpha Ratio 15.08
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,568
31 Aug 18₹14,050
31 Aug 19₹12,018
31 Aug 20₹12,687
31 Aug 21₹21,417

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 22 Sep 21

DurationReturns
1 Month 6.8%
3 Month 10.1%
6 Month 25.3%
1 Year 76.6%
3 Year 18.6%
5 Year 17%
10 Year
15 Year
Since launch 19.2%
Historical performance (Yearly) on absolute basis
YearReturns
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%
2012 36.2%
2011 -23.3%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 164.78 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services22.86%
Industrials15.28%
Consumer Cyclical15.16%
Basic Materials14.76%
Technology13.83%
Health Care6.09%
Energy4.58%
Consumer Defensive3.01%
Communication Services2.88%
Asset Allocation
Asset ClassValue
Cash1.53%
Equity98.47%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹246 Cr3,600,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
7%₹225 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹155 Cr3,600,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹136 Cr950,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹126 Cr620,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 18 | RELIANCE
3%₹112 Cr550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹95 Cr1,700,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹88 Cr3,000,000
NCC Ltd (Industrials)
Equity, Since 28 Feb 19 | NCC
2%₹79 Cr9,000,000
↓ -200,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹73 Cr1,700,000

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 15.7% since its launch.  Ranked 1 in ELSS category.  Return for 2020 was 11.9% , 2019 was 13.6% and 2018 was -8.4% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (22 Sep 21) ₹27.4772 ↑ 0.01   (0.05 %)
Net Assets (Cr) ₹2,888 on 31 Aug 21
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.9
Sharpe Ratio 2.7
Information Ratio -0.34
Alpha Ratio 7.93
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,956
31 Aug 18₹13,244
31 Aug 19₹12,573
31 Aug 20₹12,840
31 Aug 21₹19,338

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 22 Sep 21

DurationReturns
1 Month 6.9%
3 Month 11.6%
6 Month 18.5%
1 Year 56.2%
3 Year 17.5%
5 Year 14.4%
10 Year
15 Year
Since launch 15.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 11.9%
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
2012
2011
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Ennette Fernandes18 Jun 183.12 Yr.
Tejas Gutka9 Mar 210.39 Yr.

Data below for Tata India Tax Savings Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services35.47%
Industrials13.41%
Technology10.99%
Consumer Cyclical9.54%
Basic Materials8.71%
Energy7.14%
Health Care6.49%
Communication Services3.05%
Real Estate1.74%
Utility1.48%
Asset Allocation
Asset ClassValue
Cash1.98%
Equity98.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
10%₹266 Cr3,900,000
↓ -200,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
9%₹251 Cr1,560,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
7%₹190 Cr4,400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
6%₹162 Cr1,135,000
↓ -165,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jan 18 | RELIANCE
6%₹153 Cr750,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
4%₹115 Cr470,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹110 Cr1,550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
3%₹84 Cr1,500,000
↓ -250,000
Hindalco Industries Ltd Shs Dematerialised (Basic Materials)
Equity, Since 31 May 21 | HINDALCO
2%₹67 Cr1,500,000
Voltas Ltd Shs Dematerialised (Industrials)
Equity, Since 31 May 19 | VOLTAS
2%₹62 Cr590,000

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 15.3% since its launch.  Ranked 12 in ELSS category.  Return for 2020 was 15% , 2019 was 14.8% and 2018 was -7.6% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (22 Sep 21) ₹81.063 ↑ 0.00   (0.00 %)
Net Assets (Cr) ₹9,675 on 31 Aug 21
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.87
Sharpe Ratio 3.42
Information Ratio 1.06
Alpha Ratio 8.29
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,735
31 Aug 18₹12,750
31 Aug 19₹12,267
31 Aug 20₹12,804
31 Aug 21₹21,118

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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for DSP BlackRock Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Sep 21

DurationReturns
1 Month 5.3%
3 Month 11.1%
6 Month 25%
1 Year 70.4%
3 Year 21.2%
5 Year 16%
10 Year
15 Year
Since launch 15.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 15%
2019 14.8%
2018 -7.6%
2017 36.3%
2016 11.3%
2015 4.4%
2014 52.2%
2013 6.7%
2012 39.8%
2011 -26.7%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 156.05 Yr.
Charanjit Singh1 Jan 210.58 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services38.95%
Basic Materials13.59%
Technology9.35%
Consumer Cyclical9.05%
Industrials8.22%
Utility5.88%
Health Care5.52%
Communication Services3.63%
Energy2.59%
Consumer Defensive2.18%
Asset Allocation
Asset ClassValue
Cash1.05%
Equity98.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹796 Cr11,659,184
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
7%₹651 Cr4,039,852
↓ -1,016,277
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
6%₹552 Cr3,873,109
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹480 Cr11,115,901
↑ 207,399
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 20 | TATASTEEL
5%₹431 Cr3,007,540
↑ 74,481
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹376 Cr5,301,622
↑ 298,302
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
4%₹339 Cr6,032,398
Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Jan 21 | 532978
3%₹235 Cr165,147
↑ 22,441
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | CROMPTON
2%₹214 Cr4,386,588
ACC Ltd (Basic Materials)
Equity, Since 28 Feb 19 | 500410
2%₹210 Cr876,828

4. L&T Tax Advantage Fund

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.3% since its launch.  Ranked 7 in ELSS category.  Return for 2020 was 13.5% , 2019 was 4.6% and 2018 was -8.1% .

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

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (22 Sep 21) ₹80.012 ↑ 0.25   (0.32 %)
Net Assets (Cr) ₹3,652 on 31 Aug 21
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.03
Sharpe Ratio 3.23
Information Ratio -0.84
Alpha Ratio 7.2
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹12,478
31 Aug 18₹13,719
31 Aug 19₹11,983
31 Aug 20₹12,383
31 Aug 21₹18,696

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 ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for L&T Tax Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Sep 21

DurationReturns
1 Month 6.7%
3 Month 9.8%
6 Month 19.9%
1 Year 53.8%
3 Year 13.4%
5 Year 13.2%
10 Year
15 Year
Since launch 14.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 13.5%
2019 4.6%
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%
2013 6.8%
2012 27.4%
2011 -21.8%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
Vihang Naik17 Dec 191.62 Yr.
Cheenu Gupta2 Jul 210.08 Yr.

Data below for L&T Tax Advantage Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services21.12%
Basic Materials20.42%
Technology15.94%
Consumer Cyclical14.97%
Industrials9.57%
Health Care7.93%
Consumer Defensive4.83%
Real Estate2.29%
Utility0.84%
Asset Allocation
Asset ClassValue
Cash2.09%
Equity97.91%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
6%₹229 Cr1,422,800
↑ 452,500
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
5%₹179 Cr2,616,600
↑ 539,800
State Bank of India (Financial Services)
Equity, Since 31 Jan 19 | SBIN
5%₹168 Cr3,894,300
↑ 1,023,100
K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 31 Jan 15 | 532889
4%₹129 Cr686,900
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
3%₹117 Cr819,900
↑ 176,300
Jubilant Foodworks Ltd (Consumer Cyclical)
Equity, Since 28 Feb 19 | JUBLFOOD
3%₹110 Cr292,400
Tata Steel Ltd (Basic Materials)
Equity, Since 29 Feb 20 | TATASTEEL
3%₹108 Cr752,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹107 Cr668,000
↓ -110,000
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO
3%₹105 Cr138,300
↑ 91,331
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
3%₹100 Cr315,000

5. HDFC Long Term Advantage Fund

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

HDFC Long Term Advantage Fund is a Equity - ELSS fund was launched on 2 Jan 01. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 21.4% since its launch.  Ranked 23 in ELSS category.  Return for 2020 was 11.5% , 2019 was 10.1% and 2018 was -3.9% .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund
Growth
Launch Date 2 Jan 01
NAV (22 Sep 21) ₹552.309 ↑ 0.38   (0.07 %)
Net Assets (Cr) ₹1,363 on 31 Aug 21
Category Equity - ELSS
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.25
Sharpe Ratio 2.51
Information Ratio -0.1
Alpha Ratio 8.34
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,926
31 Aug 18₹13,427
31 Aug 19₹12,682
31 Aug 20₹12,863
31 Aug 21₹20,367

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 ₹447,579.
Net Profit of ₹147,579
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 22 Sep 21

DurationReturns
1 Month 5%
3 Month 9.6%
6 Month 21.7%
1 Year 64.5%
3 Year 17.1%
5 Year 15.4%
10 Year
15 Year
Since launch 21.4%
Historical performance (Yearly) on absolute basis
YearReturns
2020 11.5%
2019 10.1%
2018 -3.9%
2017 36.2%
2016 13%
2015 -2.4%
2014 44.7%
2013 11%
2012 28.8%
2011 -23.5%
Fund Manager information for HDFC Long Term Advantage Fund
NameSinceTenure
Chirag Setalvad2 Apr 0714.34 Yr.

Data below for HDFC Long Term Advantage Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services35.68%
Industrials17.76%
Technology14.97%
Energy11.53%
Consumer Defensive4.5%
Basic Materials4.47%
Health Care2.8%
Utility2.61%
Consumer Cyclical2.35%
Communication Services2.21%
Asset Allocation
Asset ClassValue
Cash1.12%
Equity98.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
10%₹130 Cr1,900,000
↓ -100,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 06 | INFY
9%₹121 Cr750,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | HDFCBANK
9%₹114 Cr800,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jul 05 | RELIANCE
8%₹106 Cr520,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFC
7%₹98 Cr400,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Oct 07 | LT
7%₹97 Cr607,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
7%₹91 Cr2,100,000
Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 03 | 513375
5%₹68 Cr1,010,413
↓ -16,354
Redington (India) Ltd (Technology)
Equity, Since 31 Jul 15 | 532805
5%₹64 Cr1,951,513
ITC Ltd (Consumer Defensive)
Equity, Since 31 Oct 05 | ITC
4%₹58 Cr2,822,910

6. Sundaram Diversified Equity Fund

To achieve capital appreciation by investing predominantly in equities and equity-related instruments. A three-year lock-in period shall apply in line with the regulation for ELSS schemes.

Sundaram Diversified Equity Fund is a Equity - ELSS fund was launched on 22 Nov 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.7% since its launch.  Ranked 14 in ELSS category.  Return for 2020 was 9.9% , 2019 was 6.2% and 2018 was -10.6% .

Below is the key information for Sundaram Diversified Equity Fund

Sundaram Diversified Equity Fund
Growth
Launch Date 22 Nov 99
NAV (22 Sep 21) ₹147.13 ↓ -0.04   (-0.03 %)
Net Assets (Cr) ₹2,340 on 31 Aug 21
Category Equity - ELSS
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.14
Sharpe Ratio 2.87
Information Ratio -0.91
Alpha Ratio 1.45
Min Investment 500
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,743
31 Aug 18₹12,712
31 Aug 19₹11,153
31 Aug 20₹11,059
31 Aug 21₹17,197

Sundaram Diversified Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Sundaram Diversified Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Sep 21

DurationReturns
1 Month 6.4%
3 Month 12.5%
6 Month 21.8%
1 Year 60%
3 Year 14%
5 Year 11.5%
10 Year
15 Year
Since launch 16.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 9.9%
2019 6.2%
2018 -10.6%
2017 38.4%
2016 6.8%
2015 3.1%
2014 45.7%
2013 1.4%
2012 34.5%
2011 -25.4%
Fund Manager information for Sundaram Diversified Equity Fund
NameSinceTenure
S. Bharath23 Jul 201.11 Yr.
Rohit Seksaria24 Feb 210.52 Yr.

Data below for Sundaram Diversified Equity Fund as on 31 Aug 21

Equity Sector Allocation
SectorValue
Financial Services31.58%
Technology13.85%
Industrials11.35%
Basic Materials9.39%
Consumer Cyclical9.32%
Consumer Defensive8.49%
Energy8.05%
Health Care5.48%
Communication Services1.98%
Asset Allocation
Asset ClassValue
Cash0.38%
Equity99.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK
8%₹171 Cr2,500,000
Infosys Ltd (Technology)
Equity, Since 30 Nov 16 | INFY
7%₹168 Cr1,045,000
↓ -27,000
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Apr 12 | RELIANCE
7%₹148 Cr725,000
↓ -45,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK
6%₹138 Cr970,000
↓ -180,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 532215
4%₹97 Cr1,370,000
↓ -30,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 19 | HDFC
4%₹90 Cr370,000
↓ -75,000
State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN
3%₹73 Cr1,700,000
↑ 50,000
HCL Technologies Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 19 | HCLTECH
3%₹69 Cr675,000
↓ -65,000
Grindwell Norton Ltd (Industrials)
Equity, Since 31 Mar 14 | 506076
3%₹69 Cr550,000
↓ -10,000
Quess Corp Ltd (Industrials)
Equity, Since 31 Jan 18 | 539978
3%₹67 Cr775,000
↓ -25,000

Tax Savings in Equity Linked Saving Scheme

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

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

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

Benefits of Investing in Tax Saving Mutual Funds

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

Equity Returns

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

SIP Benefits

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

Shortest Lock-in Period

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

How to Invest in ELSS Funds Online?

  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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