Table of Contents
“Equity Mutual Funds are the perfect solution for people who want to own stocks without doing their own research”. – Peter Lynch
When planning to invest in Mutual Funds many investors look for higher return funds. Well, Equity Funds are known for it. Over the long-run, these funds have proven to deliver high returns. Equity funds are a type of Mutual Funds that invests major of its corpus in stocks or equities. Buying an equity fund is one of the best ways to own a business (in a small proportion) without Investing or starting a company directly. These funds can be actively or passively managed, depending on their objective. Let’s know about different equity oriented fund types, equity fund taxation, best equity oriented mutual funds to invest, etc.
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There are various types of equity mutual funds such as Large cap funds, mid & Small cap funds, Diversified Funds, sector funds, etc. These funds come with different investment objectives & risk. Since, equity funds invest in stocks/shares they can be highly risky. So, investors who can Handle the risk of equities should only prefer investing in these funds. Ideally, equities are meant for long-term plan. To get the best results, investors should preferably investing in equities for more than 5 years. The various types of equity funds are as follows:
These funds invest major of its corpus with companies of large market capitalization. These are essentially large companies with large businesses with big team size. The market cap of such companies is more than 1000 Cr. Large cap funds, also known as blue-chip funds, invest in those companies that have the potential of showing year on year steady growth and profits. This, in turn, offers stability to the investors in the long-run.
These funds invest in the shares of the most emerging companies in India. The market caps of mid-cap companies are around 500-1000 Cr and the market cap of small-cap companies could be more around 100-500 Cr. These funds are riskier than large-cap funds. That’s why is it suggested that the investing period of both mid & small caps should be much higher than large-caps. If the companies of these funds perform well in the long run, then it could make good profits to the investors.
Diversified funds invest across all three market capitalizations, i.e., across large-cap, mid-cap, and small-cap funds. They typically invest anywhere between 40–60% in large-cap stocks, 10–40% in mid-cap stocks and about 10% in small-cap stocks. Sometimes, the exposure to small-caps may be very small or none at all. It is said that a diversified fund tends to balance out the risk in the portfolio. For instance, if one fund fails to perform, others are there to balance the returns in the portfolio. But, being an equity fund, the risk still remains in the investment.
ELSS is the tax savings scheme, where investors can save their Taxes under Section 80C of the income tax Act. One can claim the tax Deduction of up to INR 1,50,000 from their taxable Income. ELSS comes with the shortest lock-in of three years. Also, the fund offers the twin advantage of Capital gains and tax benefits, that’s one can also earn returns from their investments in ELSS.
Sector funds invest in stocks of companies that trade in a particular sector or industry, for example- a pharma fund would invest only in pharmaceutical companies. Thematic funds can be across a wider sector than just keep a very narrow focus, for example, media and entertainment. In this theme, the Fund can invest in various companies across publishing, online, media or broadcasting. The risks with thematic funds are the highest since there is virtually very little diversification.
These funds are also known as global fund invest in offshore or foreign equity markets. These funds aim to provide the Indian investors with avenues of international investing and diversification. These are increasingly becoming popular in the context of diversification.
value funds, contra funds, dividend yield funds and focused fund are some of the other types of equity funds.
Depending on the holding period of Mutual Funds, there are two types of Mutual Fund Taxation on growth options-
Equity Schemes | Holding Period | Tax Rate |
---|---|---|
Long Term Capital Gains (LTCG) | More than 1 Year | 10% (with no indexation)***** |
Short Term Capital Gains (STCG) | Less than or equal to a year | 15% |
Tax on Distributed Dividend | 10%# |
*Gains up to INR 1 lakh are free of tax. Tax at 10% applies to gains above INR 1 lakh. Earlier rate was 0% cost calculated as closing price on Jan 31, 2018. #Dividend tax of 10% + Surcharge 12% + Cess 4% =11.648% Health & Education Cess of 4% introduced. Earlier, education Cess was 3%
When Equity Mutual Funds with growth option are sold or redeemed within a one-year period, one is liable to pay a short term Capital Gain tax of 15% on returns.
When you sell or redeem your equity funds after a year of investment, you are taxed at 10% (with no indexation) under long term capital gain tax.
As per the Budget 2018 speech, a new Long Term Capital Gains (LTCG) tax on equity oriented mutual funds & stocks will be applicable from 1st April. Long-term capital gains exceeding INR 1 lakh arising from redemption of Mutual Fund units or equities on or after 1st April 2018, will be taxed at 10 percent (plus cess) or at 10.4 percent. Long-term capital gains till INR 1 lakh will be exempt. For example, if you earn INR 3 lakhs in combined long-term capital gains from stocks or Mutual Fund investments in a financial year. The taxable LTCGs will be INR 2 lakh (INR 3 lakh - 1 lakh) and tax liability will be INR 20,000 (10 per cent of INR 2 lakh).
Illustrations
Description | INR |
---|---|
Purchase of shares on 1st January, 2017 | 1,000,000 |
Sale of shares on 1st April, 2018 | 2,000,000 |
Actual gains | 1,000,000 |
Fair Market Value of shares on 31st January, 2018 | 1,500,000 |
Taxable gains | 500,000 |
Tax | 50,000 |
Fair market value of the shares as on January 31, 2018 to be the cost of acquisition as per the grandfathering provision.
Some of the Best equity funds as per category ranking are as follows-
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sub Cat. IDFC Infrastructure Fund Growth ₹40.678
↑ 0.10 ₹965 10.2 24.6 63.2 31.2 21.9 50.3 Sectoral Tata India Tax Savings Fund Growth ₹36.7341
↑ 0.03 ₹3,987 0.5 8.2 31.7 16.8 15.5 24 ELSS Franklin Asian Equity Fund Growth ₹25.3974
↓ -0.38 ₹223 3.9 1.3 2.8 -7.6 3.3 0.7 Global Sundaram Rural and Consumption Fund Growth ₹78.9022
↑ 0.09 ₹1,364 -0.6 6 33.5 17.4 13.9 30.2 Sectoral DSP BlackRock Natural Resources and New Energy Fund Growth ₹78.031
↓ -0.83 ₹911 8.7 18.6 39.1 22.4 19.2 31.2 Sectoral IDFC Tax Advantage (ELSS) Fund Growth ₹135.241
↑ 0.42 ₹5,976 5 11.4 38.6 22.5 19.4 28.3 ELSS Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Mar 24
The investment objective of the scheme is to seek to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities. However, there can be no assurance that the investment objective of the scheme will be realized. IDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 8 Mar 11. It is a fund with High risk and has given a Below is the key information for IDFC Infrastructure Fund Returns up to 1 year are on 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 Below is the key information for Tata India Tax Savings Fund Returns up to 1 year are on An open-end diversified equity fund that seeks to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalisation. Franklin Asian Equity Fund is a Equity - Global fund was launched on 16 Jan 08. It is a fund with High risk and has given a Below is the key information for Franklin Asian Equity Fund Returns up to 1 year are on (Erstwhile Sundaram Rural India Fund) The primary investment objective of the scheme is to generate consistent long-term returns by investing predominantly in equity & equity related instruments of companies that are focusing on Rural India. Sundaram Rural and Consumption Fund is a Equity - Sectoral fund was launched on 12 May 06. It is a fund with Moderately High risk and has given a Below is the key information for Sundaram Rural and Consumption Fund Returns up to 1 year are on To seek to generate capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose predominant economic activity is in the (a) discovery, development, production, or distribution of natural resources, viz., energy, mining etc; (b) alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies. also invest a certain portion of its corpus in the equity and equity related securities of companies domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/or the units shares of Merrill Lynch international Investment Funds New Energy Fund, Merrill Lynch International Investment Funds World Energy Fund and similar other overseas mutual fund schemes. DSP BlackRock Natural Resources and New Energy Fund is a Equity - Sectoral fund was launched on 25 Apr 08. It is a fund with High risk and has given a Below is the key information for DSP BlackRock Natural Resources and New Energy Fund Returns up to 1 year are on 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 Below is the key information for IDFC Tax Advantage (ELSS) Fund Returns up to 1 year are on 1. IDFC Infrastructure Fund
CAGR/Annualized
return of 11.4% since its launch. Ranked 1 in Sectoral
category. Return for 2023 was 50.3% , 2022 was 1.7% and 2021 was 64.8% . IDFC Infrastructure Fund
Growth Launch Date 8 Mar 11 NAV (18 Mar 24) ₹40.678 ↑ 0.10 (0.24 %) Net Assets (Cr) ₹965 on 31 Jan 24 Category Equity - Sectoral AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk High Expense Ratio 2.44 Sharpe Ratio 3.34 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹9,597 28 Feb 21 ₹13,458 28 Feb 22 ₹16,871 28 Feb 23 ₹18,229 29 Feb 24 ₹31,471 Returns for IDFC Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 1 Month -1.3% 3 Month 10.2% 6 Month 24.6% 1 Year 63.2% 3 Year 31.2% 5 Year 21.9% 10 Year 15 Year Since launch 11.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 50.3% 2022 1.7% 2021 64.8% 2020 6.3% 2019 -5.3% 2018 -25.9% 2017 58.7% 2016 10.7% 2015 -0.2% 2014 43.2% Fund Manager information for IDFC Infrastructure Fund
Name Since Tenure Vishal Biraia 24 Jan 24 0.1 Yr. Ritika Behera 7 Oct 23 0.4 Yr. Data below for IDFC Infrastructure Fund as on 31 Jan 24
Equity Sector Allocation
Sector Value Industrials 61.6% Basic Materials 16.49% Utility 8.76% Consumer Cyclical 4.02% Communication Services 2.96% Technology 2.75% Financial Services 1.29% Asset Allocation
Asset Class Value Cash 2.14% Equity 97.86% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT6% ₹57 Cr 163,980
↓ -75,139 Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 30 Apr 15 | AHLUCONT5% ₹51 Cr 431,238 Torrent Power Ltd (Utilities)
Equity, Since 31 Mar 18 | 5327795% ₹48 Cr 442,900 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 14 | ULTRACEMCO4% ₹44 Cr 44,530
↓ -7,257 Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Dec 17 | KIRLOSBROS4% ₹43 Cr 466,186 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Oct 19 | BEL4% ₹42 Cr 2,028,839
↓ -635,761 JK Cement Ltd (Basic Materials)
Equity, Since 31 Oct 17 | JKCEMENT4% ₹41 Cr 91,403
↓ -5,477 GPT Infraprojects Ltd (Industrials)
Equity, Since 30 Nov 17 | GPTINFRA3% ₹30 Cr 1,619,950 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 5322863% ₹28 Cr 366,666 ITD Cementation India Ltd (Industrials)
Equity, Since 30 Jun 15 | 5094963% ₹28 Cr 843,106
↓ -128,598 2. Tata India Tax Savings Fund
CAGR/Annualized
return of 14.8% since its launch. Ranked 1 in ELSS
category. Return for 2023 was 24% , 2022 was 5.9% and 2021 was 30.4% . Tata India Tax Savings Fund
Growth Launch Date 13 Oct 14 NAV (18 Mar 24) ₹36.7341 ↑ 0.03 (0.09 %) Net Assets (Cr) ₹3,987 on 31 Jan 24 Category Equity - ELSS AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.75 Sharpe Ratio 1.66 Information Ratio -0.44 Alpha Ratio -2.15 Min Investment 500 Min SIP Investment 500 Exit Load NIL Sub Cat. ELSS Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,916 28 Feb 21 ₹13,936 28 Feb 22 ₹16,090 28 Feb 23 ₹16,987 29 Feb 24 ₹22,339 Returns for Tata India Tax Savings Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 1 Month -1.9% 3 Month 0.5% 6 Month 8.2% 1 Year 31.7% 3 Year 16.8% 5 Year 15.5% 10 Year 15 Year Since launch 14.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 24% 2022 5.9% 2021 30.4% 2020 11.9% 2019 13.6% 2018 -8.4% 2017 46% 2016 2.1% 2015 13.3% 2014 Fund Manager information for Tata India Tax Savings Fund
Name Since Tenure Sailesh Jain 16 Dec 21 2.21 Yr. Tejas Gutka 9 Mar 21 2.98 Yr. Data below for Tata India Tax Savings Fund as on 31 Jan 24
Equity Sector Allocation
Sector Value Financial Services 31.44% Industrials 15.89% Consumer Cyclical 12.46% Technology 8.86% Basic Materials 6.95% Energy 4.83% Communication Services 4.56% Health Care 4.22% Utility 3.6% Consumer Defensive 2.71% Real Estate 2.46% Asset Allocation
Asset Class Value Cash 2.03% Equity 97.97% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK8% ₹316 Cr 2,160,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK6% ₹239 Cr 2,325,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY5% ₹193 Cr 1,160,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE5% ₹193 Cr 675,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN4% ₹160 Cr 2,500,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322153% ₹139 Cr 1,300,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LT3% ₹123 Cr 352,147 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL3% ₹110 Cr 940,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 21 | 5325553% ₹110 Cr 3,451,000 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | RADICO3% ₹108 Cr 650,000 3. Franklin Asian Equity Fund
CAGR/Annualized
return of 5.9% since its launch. Ranked 1 in Global
category. Return for 2023 was 0.7% , 2022 was -14.5% and 2021 was -5.9% . Franklin Asian Equity Fund
Growth Launch Date 16 Jan 08 NAV (15 Mar 24) ₹25.3974 ↓ -0.38 (-1.46 %) Net Assets (Cr) ₹223 on 31 Jan 24 Category Equity - Global AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.55 Sharpe Ratio -1.21 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-3 Years (1%),3 Years and above(NIL) Sub Cat. Global Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,770 28 Feb 21 ₹15,153 28 Feb 22 ₹12,887 28 Feb 23 ₹11,538 29 Feb 24 ₹11,492 Returns for Franklin Asian Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 1 Month 2.9% 3 Month 3.9% 6 Month 1.3% 1 Year 2.8% 3 Year -7.6% 5 Year 3.3% 10 Year 15 Year Since launch 5.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 0.7% 2022 -14.5% 2021 -5.9% 2020 25.8% 2019 28.2% 2018 -13.6% 2017 35.5% 2016 7.2% 2015 -4.6% 2014 9.2% Fund Manager information for Franklin Asian Equity Fund
Name Since Tenure Varun Sharma 18 Oct 21 2.37 Yr. Sandeep Manam 18 Oct 21 2.37 Yr. Data below for Franklin Asian Equity Fund as on 31 Jan 24
Equity Sector Allocation
Sector Value Technology 28% Consumer Cyclical 20.3% Financial Services 19.44% Consumer Defensive 9.11% Industrials 6.31% Communication Services 5.93% Basic Materials 3.34% Health Care 2.27% Energy 1.68% Real Estate 1.56% Asset Allocation
Asset Class Value Cash 2.05% Equity 97.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity Taiwan Semiconductor Manufacturing Co Ltd (Technology)
Equity, Since 31 Mar 09 | 233012% ₹28 Cr 166,000 Samsung Electronics Co Ltd (Technology)
Equity, Since 31 Mar 08 | 0059309% ₹20 Cr 45,179
↓ -7,584 Tencent Holdings Ltd (Communication Services)
Equity, Since 31 Jul 14 | 007006% ₹13 Cr 45,900 AIA Group Ltd (Financial Services)
Equity, Since 31 Mar 12 | 012995% ₹11 Cr 172,400
↓ -8,000 Alibaba Group Holding Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Dec 20 | 099883% ₹7 Cr 97,504 Hyundai Motor Co (Consumer Cyclical)
Equity, Since 31 Aug 22 | 0053803% ₹6 Cr 5,095 PT Bank Central Asia Tbk (Financial Services)
Equity, Since 30 Nov 12 | BBCA2% ₹5 Cr 1,072,900
↓ -170,400 SK Hynix Inc (Technology)
Equity, Since 30 Jun 20 | 0006602% ₹5 Cr 5,933 Techtronic Industries Co Ltd (Industrials)
Equity, Since 31 Aug 13 | 006692% ₹5 Cr 55,500 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 5433202% ₹5 Cr 351,259 4. Sundaram Rural and Consumption Fund
CAGR/Annualized
return of 12.3% since its launch. Ranked 2 in Sectoral
category. Return for 2023 was 30.2% , 2022 was 9.3% and 2021 was 19.3% . Sundaram Rural and Consumption Fund
Growth Launch Date 12 May 06 NAV (18 Mar 24) ₹78.9022 ↑ 0.09 (0.12 %) Net Assets (Cr) ₹1,364 on 31 Jan 24 Category Equity - Sectoral AMC Sundaram Asset Management Company Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.27 Sharpe Ratio 2.22 Information Ratio 0.02 Alpha Ratio 7.31 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-12 Months (1%),12 Months and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,932 28 Feb 21 ₹12,515 28 Feb 22 ₹14,219 28 Feb 23 ₹15,227 29 Feb 24 ₹20,617 Returns for Sundaram Rural and Consumption Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 1 Month -2.2% 3 Month -0.6% 6 Month 6% 1 Year 33.5% 3 Year 17.4% 5 Year 13.9% 10 Year 15 Year Since launch 12.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 30.2% 2022 9.3% 2021 19.3% 2020 13.5% 2019 2.7% 2018 -7.8% 2017 38.7% 2016 21.1% 2015 6.3% 2014 47.4% Fund Manager information for Sundaram Rural and Consumption Fund
Name Since Tenure Ratish Varier 1 Jan 22 2.16 Yr. Ashish Aggarwal 1 Jan 22 2.16 Yr. Data below for Sundaram Rural and Consumption Fund as on 31 Jan 24
Equity Sector Allocation
Sector Value Consumer Cyclical 39.96% Consumer Defensive 32.84% Communication Services 10.21% Basic Materials 4.26% Health Care 3.17% Financial Services 2.58% Real Estate 1.97% Technology 0.72% Industrials 0.09% Asset Allocation
Asset Class Value Cash 4.19% Equity 95.81% Top Securities Holdings / Portfolio
Name Holding Value Quantity ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 13 | ITC8% ₹108 Cr 2,449,660 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 22 | BHARTIARTL8% ₹106 Cr 901,929 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | HINDUNILVR7% ₹95 Cr 381,782
↑ 10,000 Titan Co Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | TITAN7% ₹94 Cr 255,389 Kalyan Jewellers India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 21 | KALYANKJIL6% ₹86 Cr 2,458,046
↓ -112,867 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 22 | M&M5% ₹67 Cr 407,736 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | MARUTI5% ₹65 Cr 63,703 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Dec 18 | MCDOWELL-N4% ₹54 Cr 499,998 Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | 5230254% ₹50 Cr 246,492 Apollo Hospitals Enterprise Ltd (Healthcare)
Equity, Since 31 Jul 22 | APOLLOHOSP3% ₹43 Cr 68,048 5. DSP BlackRock Natural Resources and New Energy Fund
CAGR/Annualized
return of 13.8% since its launch. Ranked 2 in Sectoral
category. Return for 2023 was 31.2% , 2022 was 9.8% and 2021 was 42.8% . DSP BlackRock Natural Resources and New Energy Fund
Growth Launch Date 25 Apr 08 NAV (15 Mar 24) ₹78.031 ↓ -0.83 (-1.05 %) Net Assets (Cr) ₹911 on 31 Jan 24 Category Equity - Sectoral AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆☆ Risk High Expense Ratio 2.14 Sharpe Ratio 1.5 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹8,838 28 Feb 21 ₹13,822 28 Feb 22 ₹17,889 28 Feb 23 ₹18,432 29 Feb 24 ₹26,395 Returns for DSP BlackRock Natural Resources and New Energy Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 1 Month -4.2% 3 Month 8.7% 6 Month 18.6% 1 Year 39.1% 3 Year 22.4% 5 Year 19.2% 10 Year 15 Year Since launch 13.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.2% 2022 9.8% 2021 42.8% 2020 11.5% 2019 4.4% 2018 -15.3% 2017 43.1% 2016 43.1% 2015 -1.7% 2014 46.8% Fund Manager information for DSP BlackRock Natural Resources and New Energy Fund
Name Since Tenure Rohit Singhania 1 Jul 12 11.67 Yr. Jay Kothari 1 Mar 13 11.01 Yr. Data below for DSP BlackRock Natural Resources and New Energy Fund as on 31 Jan 24
Equity Sector Allocation
Sector Value Basic Materials 40.09% Energy 34.17% Utility 11.91% Technology 2.31% Industrials 2.18% Consumer Defensive 0.07% Asset Allocation
Asset Class Value Cash 9.27% Equity 90.72% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Coal India Ltd (Energy)
Equity, Since 31 Mar 22 | COALINDIA9% ₹86 Cr 1,974,770 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Aug 16 | TATASTEEL9% ₹86 Cr 6,106,615
↑ 824,231 BGF World Energy I2
Investment Fund | -8% ₹77 Cr 333,646 Hindalco Industries Ltd (Basic Materials)
Equity, Since 31 Oct 15 | HINDALCO8% ₹76 Cr 1,503,820
↑ 29,912 BGF Sustainable Energy I2
Investment Fund | -7% ₹64 Cr 413,047 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 20 | 5322867% ₹64 Cr 821,048 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 08 | RELIANCE5% ₹52 Cr 179,041 NMDC Ltd (Basic Materials)
Equity, Since 30 Sep 18 | 5263715% ₹44 Cr 1,953,972 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 31 Aug 08 | 5005474% ₹37 Cr 608,282 National Aluminium Co Ltd (Basic Materials)
Equity, Since 28 Feb 22 | 5322344% ₹37 Cr 2,347,380
↑ 146,181 6. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized
return of 18.7% since its launch. Ranked 3 in ELSS
category. Return for 2023 was 28.3% , 2022 was 4.2% and 2021 was 49.2% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (18 Mar 24) ₹135.241 ↑ 0.42 (0.31 %) Net Assets (Cr) ₹5,976 on 31 Jan 24 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.95 Sharpe Ratio 2.23 Information Ratio 0.82 Alpha Ratio 4.52 Min Investment 500 Min SIP Investment 500 Exit Load NIL Sub Cat. ELSS Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,153 28 Feb 21 ₹14,343 28 Feb 22 ₹17,974 28 Feb 23 ₹18,911 29 Feb 24 ₹26,388 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 1 Month -0.6% 3 Month 5% 6 Month 11.4% 1 Year 38.6% 3 Year 22.5% 5 Year 19.4% 10 Year 15 Year Since launch 18.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 28.3% 2022 4.2% 2021 49.2% 2020 18.7% 2019 1.9% 2018 -9.4% 2017 53.4% 2016 0.4% 2015 6.9% 2014 42.2% Fund Manager information for IDFC Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 7.37 Yr. Ritika Behera 7 Oct 23 0.4 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Jan 24
Equity Sector Allocation
Sector Value Financial Services 26.81% Consumer Cyclical 13.01% Industrials 11.04% Technology 9.13% Basic Materials 8.29% Consumer Defensive 7.89% Health Care 6.89% Energy 5.25% Communication Services 3.09% Utility 2.65% Real Estate 0.67% Asset Allocation
Asset Class Value Cash 5.28% Equity 94.72% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK6% ₹358 Cr 3,400,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK5% ₹330 Cr 2,350,000
↑ 150,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE5% ₹321 Cr 1,100,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 5322154% ₹237 Cr 2,200,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY4% ₹234 Cr 1,400,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN3% ₹180 Cr 2,400,000
↑ 100,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL2% ₹143 Cr 1,275,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS2% ₹143 Cr 1,500,000
↓ -300,000 NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | 5325552% ₹134 Cr 4,000,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 21 | TCS2% ₹132 Cr 321,877
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