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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 January 14, 2021 , 1061 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 ₹69.41
↓ -0.58
₹2,51229.444.622.4414.118.7
Tata India Tax Savings Fund Growth ₹22.3996
↓ -0.25
₹2,34223.836.614.6614.211.9
DSP BlackRock Tax Saver Fund Growth ₹62.398
↓ -0.70
₹7,01528.236.718.68.115.415
L&T Tax Advantage Fund Growth ₹64.62
↓ -0.84
₹3,36021.134.113.12.713.213.5
Invesco India Tax Plan Growth ₹65.64
↓ -0.72
₹1,28021.934.220.49.114.719.2
Kotak Tax Saver Fund Growth ₹55.719
↓ -0.65
₹1,44521.733.415.68.614.714.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 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 17.4% 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 (15 Jan 21) ₹69.41 ↓ -0.58   (-0.83 %)
Net Assets (Cr) ₹2,512 on 30 Nov 20
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.68
Sharpe Ratio 0.33
Information Ratio -0.91
Alpha Ratio 0.68
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,042
31 Dec 17₹15,399
31 Dec 18₹13,951
31 Dec 19₹14,223
31 Dec 20₹16,883

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 ₹436,710.
Net Profit of ₹136,710
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 15 Jan 21

DurationReturns
1 Month 8.4%
3 Month 29.4%
6 Month 44.6%
1 Year 22.4%
3 Year 4%
5 Year 14.1%
10 Year
15 Year
Since launch 17.4%
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 164.2 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services20.24%
Consumer Cyclical15.29%
Technology14.34%
Industrials14.05%
Basic Materials11.51%
Health Care9.29%
Energy5.35%
Consumer Defensive4.2%
Communication Services3.42%
Utility0.28%
Asset Allocation
Asset ClassValue
Cash2.02%
Equity97.97%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
7%₹193 Cr3,600,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
7%₹176 Cr1,400,000
↑ 50,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹115 Cr800,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹109 Cr550,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹94 Cr1,000,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹92 Cr1,800,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
3%₹74 Cr2,700,000
Mastek Ltd (Technology)
Equity, Since 31 Jan 17 | 523704
3%₹69 Cr610,000
↓ -27,500
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹66 Cr1,800,000
Birlasoft Ltd (Technology)
Equity, Since 31 Jul 17 | 532400
2%₹64 Cr2,600,000
↓ -100,000

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 13.8% 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 (15 Jan 21) ₹22.3996 ↓ -0.25   (-1.08 %)
Net Assets (Cr) ₹2,342 on 30 Nov 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 1.97
Sharpe Ratio 0.18
Information Ratio -1.04
Alpha Ratio -4.25
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,214
31 Dec 17₹14,913
31 Dec 18₹13,663
31 Dec 19₹15,520
31 Dec 20₹17,364

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 15 Jan 21

DurationReturns
1 Month 7.1%
3 Month 23.8%
6 Month 36.6%
1 Year 14.6%
3 Year 6%
5 Year 14.2%
10 Year
15 Year
Since launch 13.8%
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
Rupesh Patel1 Apr 155.76 Yr.
Ennette Fernandes18 Jun 182.54 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services35.17%
Technology12.57%
Energy11.43%
Health Care10.78%
Consumer Cyclical9.28%
Industrials6.98%
Basic Materials5.52%
Communication Services4.73%
Consumer Defensive1.51%
Real Estate0.73%
Asset Allocation
Asset ClassValue
Cash1.3%
Equity98.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
10%₹237 Cr1,890,000
↓ -80,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹219 Cr4,100,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
9%₹215 Cr1,500,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
9%₹212 Cr1,070,000
↓ -130,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
6%₹146 Cr5,325,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
5%₹120 Cr470,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
5%₹117 Cr2,300,000
↑ 200,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹99 Cr1,600,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 17 | DIVISLAB
3%₹73 Cr190,000
↓ -10,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
3%₹72 Cr360,000

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 14% 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 (15 Jan 21) ₹62.398 ↓ -0.70   (-1.12 %)
Net Assets (Cr) ₹7,015 on 30 Nov 20
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.91
Sharpe Ratio 0.26
Information Ratio -0.28
Alpha Ratio -2.49
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,127
31 Dec 17₹15,166
31 Dec 18₹14,007
31 Dec 19₹16,084
31 Dec 20₹18,505

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 15 Jan 21

DurationReturns
1 Month 7.5%
3 Month 28.2%
6 Month 36.7%
1 Year 18.6%
3 Year 8.1%
5 Year 15.4%
10 Year
15 Year
Since launch 14%
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 155.47 Yr.
Charanjit Singh1 Jan 210 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services35.11%
Basic Materials12.56%
Technology9.34%
Health Care8.82%
Consumer Cyclical7.35%
Industrials6.53%
Consumer Defensive5.92%
Communication Services5.69%
Utility3.85%
Energy3.75%
Asset Allocation
Asset ClassValue
Cash1.08%
Equity98.92%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹648 Cr12,112,336
↓ -580,715
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
8%₹599 Cr4,770,893
↑ 124,101
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹569 Cr3,963,238
↓ -536,438
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
6%₹423 Cr8,291,940
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹288 Cr10,473,572
↓ -572,016
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
3%₹228 Cr3,672,716
↑ 300,344
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 500696
3%₹224 Cr935,401
↑ 164,818
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | 500124
3%₹194 Cr371,838
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 20 | HDFC
2%₹180 Cr704,585
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
2%₹168 Cr316,876

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 13.4% 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 (15 Jan 21) ₹64.62 ↓ -0.84   (-1.28 %)
Net Assets (Cr) ₹3,360 on 30 Nov 20
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.04
Sharpe Ratio 0.26
Information Ratio -1.3
Alpha Ratio -1.87
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,813
31 Dec 17₹15,384
31 Dec 18₹14,140
31 Dec 19₹14,798
31 Dec 20₹16,789

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 15 Jan 21

DurationReturns
1 Month 4.9%
3 Month 21.1%
6 Month 34.1%
1 Year 13.1%
3 Year 2.7%
5 Year 13.2%
10 Year
15 Year
Since launch 13.4%
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
Venugopal Manghat17 Dec 191.04 Yr.
Vihang Naik17 Dec 191.04 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services23.73%
Basic Materials15.07%
Consumer Cyclical13.77%
Technology13.51%
Health Care10.23%
Industrials7.26%
Consumer Defensive6.77%
Energy4.63%
Communication Services2.03%
Asset Allocation
Asset ClassValue
Cash2.98%
Equity97%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
5%₹158 Cr1,097,700
↑ 244,300
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
5%₹157 Cr2,933,600
↓ -672,200
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
5%₹155 Cr1,232,500
↓ -137,700
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
4%₹148 Cr1,560,900
↓ -197,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹129 Cr648,400
↓ -169,600
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹123 Cr430,700
↓ -61,200
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹100 Cr778,000
Emami Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 531162
3%₹99 Cr2,333,743
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | 540716
3%₹93 Cr609,000
Berger Paints India Ltd (Basic Materials)
Equity, Since 29 Feb 16 | 509480
3%₹89 Cr1,169,800

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 14.3% since its launch.  Ranked 17 in ELSS category.  Return for 2020 was 19.2% , 2019 was 9.4% and 2018 was -1.3% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan
Growth
Launch Date 29 Dec 06
NAV (15 Jan 21) ₹65.64 ↓ -0.72   (-1.08 %)
Net Assets (Cr) ₹1,280 on 30 Nov 20
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.37
Information Ratio -0.15
Alpha Ratio 1.72
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,342
31 Dec 17₹14,039
31 Dec 18₹13,864
31 Dec 19₹15,171
31 Dec 20₹18,078

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 ₹436,710.
Net Profit of ₹136,710
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 15 Jan 21

DurationReturns
1 Month 7.3%
3 Month 21.9%
6 Month 34.2%
1 Year 20.4%
3 Year 9.1%
5 Year 14.7%
10 Year
15 Year
Since launch 14.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 19.2%
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%
Fund Manager information for Invesco India Tax Plan
NameSinceTenure
Amit Nigam3 Sep 200.33 Yr.
Dhimant Kothari29 Mar 182.76 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services30.62%
Technology18.04%
Consumer Cyclical10.71%
Consumer Defensive7.62%
Industrials6.87%
Basic Materials6.57%
Energy5.7%
Health Care5.55%
Utility3.18%
Communication Services2.9%
Real Estate0.9%
Asset Allocation
Asset ClassValue
Cash1.35%
Equity98.65%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
10%₹136 Cr948,078
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
10%₹135 Cr1,076,677
↑ 105,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹109 Cr2,031,464
↑ 66,661
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
6%₹79 Cr397,743
↓ -21,877
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
5%₹63 Cr316,379
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
4%₹61 Cr254,612
L&T Technology Services Ltd (Technology)
Equity, Since 31 Aug 20 | LTTS
3%₹42 Cr179,214
↑ 32,921
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
3%₹40 Cr787,339
↓ -274,498
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹40 Cr638,509
↑ 638,509
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
3%₹38 Cr111,023
↑ 29,347

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 12% since its launch.  Ranked 19 in ELSS category.  Return for 2020 was 14.9% , 2019 was 12.7% and 2018 was -3.8% .

Below is the key information for Kotak Tax Saver Fund

Kotak Tax Saver Fund
Growth
Launch Date 23 Nov 05
NAV (15 Jan 21) ₹55.719 ↓ -0.65   (-1.16 %)
Net Assets (Cr) ₹1,445 on 30 Nov 20
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.34
Sharpe Ratio 0.31
Information Ratio -0.04
Alpha Ratio -0.36
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,746
31 Dec 17₹14,374
31 Dec 18₹13,827
31 Dec 19₹15,579
31 Dec 20₹17,907

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 ₹436,710.
Net Profit of ₹136,710
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 15 Jan 21

DurationReturns
1 Month 6.2%
3 Month 21.7%
6 Month 33.4%
1 Year 15.6%
3 Year 8.6%
5 Year 14.7%
10 Year
15 Year
Since launch 12%
Historical performance (Yearly) on absolute basis
YearReturns
2020 14.9%
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%
Fund Manager information for Kotak Tax Saver Fund
NameSinceTenure
Harsha Upadhyaya25 Aug 155.36 Yr.

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

Equity Sector Allocation
SectorValue
Financial Services18.87%
Basic Materials17.41%
Industrials14.24%
Technology14.18%
Consumer Defensive8.46%
Consumer Cyclical8%
Health Care7.91%
Energy5.85%
Utility3.04%
Asset Allocation
Asset ClassValue
Cash2.03%
Equity97.95%
Other0.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
7%₹104 Cr825,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
6%₹91 Cr1,700,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 06 | RELIANCE
6%₹89 Cr450,000
↓ -56,666
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
5%₹78 Cr271,357
↓ -28,643
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | 500696
4%₹65 Cr270,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
4%₹59 Cr105,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
4%₹55 Cr380,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
3%₹45 Cr725,000
↓ -25,000
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | 500124
3%₹42 Cr80,000
Cipla Ltd (Healthcare)
Equity, Since 30 Nov 20 | 500087
3%₹41 Cr500,000
↑ 300,000

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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