+91-22-62820123
Table of Contents
Top 3 Best Tax Saving ELSS Mutual Funds for 2019
Best elss Funds or Equity Linked Savings Schemes (Tax Saving) are equity diversified Mutual Funds that majorly invest in equity-linked instruments (like shares and stocks) to provide market-linked returns. Typically, 80% of the fund corpus is invested in equity and the remaining in debt instruments. Best ELSS funds are also known as the tax saving Mutual Funds as they offer tax benefits under Section 80C of the Income Tax Act. Moreover, the ELSS Mutual Funds are open-ended, which means that the investors can subscribe in these funds as and when they want. However, before Investing in these tax saving Mutual Funds, it is suggested to consider a list of best ELSS funds.
Talk to our investment specialist
Top 3 ELSS Funds To Invest In 2019
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 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 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 Below is the key information for DSP BlackRock Tax Saver Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2018 (%) Aditya Birla Sun Life Tax Relief '96 Growth ₹28.56
↓ -0.19 ₹8,416 -7.8 -3.6 -12.7 6.6 10.9 -4.5 Tata India Tax Savings Fund Growth ₹17.2155
↓ -0.14 ₹1,807 -5.7 3.1 -4.7 7.8 -8.4 L&T Tax Advantage Fund Growth ₹50.105
↓ -0.58 ₹3,186 -5.6 1.1 -12.6 6.7 9 -8.1 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 21 Aug 19 1. Tata India Tax Savings Fund
CAGR/Annualized return of 11.8% since its launch. Ranked 1 in ELSS category. Return for 2018 was -8.4% , 2017 was 46% and 2016 was 2.1% . Tata India Tax Savings Fund
Growth Launch Date 13 Oct 14 NAV (21 Aug 19) ₹17.2155 ↓ -0.14 (-0.78 %) Net Assets (Cr) ₹1,807 on 31 Jul 19 Category Equity - ELSS AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.61 Sharpe Ratio -0.13 Information Ratio -0.3 Alpha Ratio -0.48 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jul 15 ₹11,807 31 Jul 16 ₹13,072 31 Jul 17 ₹15,988 31 Jul 18 ₹16,984 31 Jul 19 ₹16,911 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Aug 19 Duration Returns 1 Month -4.7% 3 Month -5.7% 6 Month 3.1% 1 Year -4.7% 3 Year 7.8% 5 Year 10 Year 15 Year Since launch 11.8% Historical performance (Yearly) on absolute basis
Year Returns 2018 -8.4% 2017 46% 2016 2.1% 2015 13.3% 2014 2013 2012 2011 2010 2009 Fund Manager information for Tata India Tax Savings Fund
Name Since Tenure Rupesh Patel 1 Apr 15 3.84 Yr. Ennette Fernandes 18 Jun 18 0.62 Yr. Data below for Tata India Tax Savings Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 42.22% Technology 10.43% Industrials 9.9% Consumer Cyclical 9.39% Consumer Defensive 7.05% Health Care 6.3% Energy 4.99% Basic Materials 2.56% Real Estate 0.72% Asset Allocation
Asset Class Value Cash 6.43% Equity 93.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK9% ₹170 Cr 4,015,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY7% ₹133 Cr 1,680,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK7% ₹126 Cr 560,000 A) Repo
CBLO/Reverse Repo | -6% ₹111 Cr State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN6% ₹103 Cr 3,100,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322156% ₹101 Cr 1,500,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK4% ₹75 Cr 495,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC4% ₹72 Cr 340,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE3% ₹58 Cr 500,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS3% ₹55 Cr 250,000 2. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized return of 16.4% since its launch. Ranked 3 in ELSS category. Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (21 Aug 19) ₹50.33 ↓ -0.70 (-1.37 %) Net Assets (Cr) ₹1,902 on 31 Jul 19 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.74 Sharpe Ratio -0.64 Information Ratio -0.23 Alpha Ratio -4.63 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jul 14 ₹10,000 31 Jul 15 ₹13,223 31 Jul 16 ₹13,113 31 Jul 17 ₹16,562 31 Jul 18 ₹18,211 31 Jul 19 ₹16,511 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Aug 19 Duration Returns 1 Month -6.5% 3 Month -9.5% 6 Month -1% 1 Year -13.3% 3 Year 6.7% 5 Year 9.3% 10 Year 15 Year Since launch 16.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 -9.4% 2017 53.4% 2016 0.4% 2015 6.9% 2014 42.2% 2013 15% 2012 36.2% 2011 -23.3% 2010 24% 2009 70.8% Fund Manager information for IDFC Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 2.61 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 29.19% Industrials 14.52% Basic Materials 13.41% Consumer Cyclical 12.84% Technology 7.84% Energy 5.95% Health Care 4.94% Consumer Defensive 4.63% Utility 1.64% Communication Services 0.35% Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK7% ₹140 Cr 3,300,000
↓ -50,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN4% ₹83 Cr 2,500,000
↓ -300,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK4% ₹77 Cr 340,000
↓ -10,000 Triparty Repo
CBLO/Reverse Repo | -4% ₹73 Cr Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 5322154% ₹72 Cr 1,075,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE3% ₹64 Cr 550,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹63 Cr 800,000 Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL3% ₹54 Cr 1,320,000
↑ 35,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 19 | LT2% ₹44 Cr 320,000
↑ 20,000 RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK2% ₹41 Cr 1,025,000
↑ 125,000 3. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 12.9% since its launch. Ranked 12 in ELSS category. Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (21 Aug 19) ₹46.233 ↓ -0.41 (-0.87 %) Net Assets (Cr) ₹5,434 on 31 Jul 19 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.47 Sharpe Ratio -0.21 Information Ratio -0.13 Alpha Ratio 4.25 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Jul 14 ₹10,000 31 Jul 15 ₹12,547 31 Jul 16 ₹13,778 31 Jul 17 ₹16,669 31 Jul 18 ₹17,634 31 Jul 19 ₹17,404 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 Aug 19 Duration Returns 1 Month -2% 3 Month -3.2% 6 Month 5.8% 1 Year -4% 3 Year 7.2% 5 Year 10.7% 10 Year 15 Year Since launch 12.9% Historical performance (Yearly) on absolute basis
Year Returns 2018 -7.6% 2017 36.3% 2016 11.3% 2015 4.4% 2014 52.2% 2013 6.7% 2012 39.8% 2011 -26.7% 2010 23.3% 2009 84.2% Fund Manager information for DSP BlackRock Tax Saver Fund
Name Since Tenure Rohit Singhania 16 Jul 15 3.55 Yr. Data below for DSP BlackRock Tax Saver Fund as on 31 Jul 19
Equity Sector Allocation
Sector Value Financial Services 36.42% Basic Materials 10% Technology 9.08% Consumer Defensive 8.06% Industrials 8.04% Health Care 7.03% Consumer Cyclical 5.95% Energy 3.27% Utility 2.89% Communication Services 1.5% Real Estate 0.55% Asset Allocation
Asset Class Value Cash 7.21% Equity 92.79% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK9% ₹516 Cr 12,145,076
↑ 689,423 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK7% ₹361 Cr 1,603,762
↓ -322,394 Treps / Reverse Repo Investments / Corporate Debt Repo
CBLO/Reverse Repo | -6% ₹314 Cr Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322156% ₹300 Cr 4,451,500
↓ -630,289 Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 5008203% ₹185 Cr 1,217,529 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK3% ₹181 Cr 1,189,291
↑ 72,854 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT3% ₹152 Cr 1,096,888
↑ 18,662 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 May 19 | INDUSINDBK2% ₹133 Cr 943,052
↓ -1,336,899,160 Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY2% ₹126 Cr 1,586,804
↓ -649,060 HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH2% ₹124 Cr 1,203,216
↓ -228,794
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2019 Shepard Technologies Private Limited. All Rights Reserved