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Fincash » Mutual Funds » Reliance Tax Saver Fund ELSS

Reliance Tax Saver Fund (ELSS) - G

NAV  ₹53.7747 ↓ 0.22   (0.40 %) as on 15 Nov 19

Scheme Objective

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However, there can be no assurance that the scheme’s investment objective shall be achieved.

Reliance Tax Saver Fund (ELSS) is a Equity - ELSS fund launched on 21 Sep 05. It is a fund with Moderately High risk and has given a CAGR return of 12.6% since its launch.  Ranked 16 in ELSS category.  Return for 2018 was -20.7% , 2017 was 46% and 2016 was 4.2% .

Below is the key information for Reliance Tax Saver Fund (ELSS)

NAV as on 15 Nov 19₹53.7747 ↓ 0.22   (0.40 %)
Net Assets (AUM) as on 30 Sep 2019 ₹9,827 Cr.
Launch Date21 Sep 2005
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCReliance Nippon Life Asset Management Ltd.
Alpha Ratio-11.52
Expense Ratio2.41 %
Sharpe Ratio-0.426
Information Ratio-1.22
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Nov 19

DurationReturns
1 Month 7.9%
3 Month 12.3%
6 Month 2.7%
1 Year -0.8%
3 Year 4%
5 Year 3.5%
10 Year
15 Year
Since launch 12.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -20.7%
2017 46%
2016 4.2%
2015 -2.9%
2014 83%
2013 3.5%
2012 46.1%
2011 -24.2%
2010 22.5%

Growth of 10k Over Years

DateValue
31 Oct 14₹10,000
31 Oct 15₹9,999
31 Oct 16₹11,468
31 Oct 17₹14,737
31 Oct 18₹11,780
31 Oct 19₹12,273
Reliance Tax Saver Fund (ELSS) Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.5%
Equity98.5%
Other0%
Reliance Tax Saver Fund (ELSS) Asset Allocation

Sector Allocation

SectorValue
Financial Services27.16%
Industrials25.98%
Consumer Cyclical21.25%
Basic Materials11.13%
Energy9.8%
Utility2.99%
Consumer Defensive0.06%
Reliance Tax Saver Fund (ELSS) Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN
10%₹1,080 Cr34,560,000
↑ 9,315,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 Aug 17 | TATAMOTORS
7%₹720 Cr40,500,000
↑ 10,800,000
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK
7%₹708 Cr15,300,000
↓ -900,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
7%₹703 Cr4,770,000
↑ 720,000
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Jul 14 | TATASTEEL
5%₹582 Cr15,300,000
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | 532343
4%₹471 Cr9,683,297
↓ -756,703
ABB India Ltd (Industrials)
Equity, Since 31 Mar 12 | 500002
4%₹453 Cr3,106,034
↓ -226,966
Honeywell Automation India Ltd (Industrials)
Equity, Since 31 Dec 12 | 517174
4%₹446 Cr158,829
↓ -3,802
Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 30 Apr 18 | HINDPETRO
4%₹378 Cr11,610,000
Ashok Leyland Ltd (Consumer Cyclical)
Equity, Since 30 Nov 18 | 500477
3%₹373 Cr48,600,000
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Fund Managers

NameSinceTenure
Ashwani Kumar22 Sep 0514.03 Yr.
Kinjal Desai25 May 181.35 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Reliance Tax Saver Fund (ELSS)
Normal Dividend, Payout
₹18.0308
↑ 0.07
2.53 %-0.9 %2.91 %2.58 %
Reliance Tax Saver Fund (ELSS)
Growth
₹53.7747
↑ 0.22
2.66 %-0.78 %3.96 %3.52 %
Reliance Tax Saver Fund (ELSS)
Annual Dividend, Payout
₹10.5079
↑ 0.04
2.67 %-1.63 %3.67 %-
Data as on 15 Nov 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.