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6 Best Tax Saving SIP MF Plans to Invest in 2021 | Fincash.com

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6 Best Tax Saving SIP Plans to Invest in 2021

Updated on April 7, 2021 , 9208 views

Equity Linked Saving Schemes or ELSS is gaining a huge popularity as the best tax saving option, amongst the Indian investors. It has the potential to deliver good returns, and also it has the shortest lock-in period. ELSS is an equity diversified fund, wherein the majority of the fund corpus is invested either in Equity Fund or equity-related products. Investors can attain tax deductions up to INR 1,50,000 under Section 80C of income tax Act from their taxable Income. As these funds offer dual benefits of— tax saving and wealth creation, investors can invest in ELSS and make the most out of their investment. So, to make the process of Investing easy, we have shortlisted the best tax saving SIP plans that offer the best returns to the investors.

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Best Performing SIP Funds to Invest in Equity Linked Saving Scheme (ELSS) FY 21 - 22

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
Canara Robeco Equity Tax Saver Growth ₹95.35
↓ -0.33
₹1,725 500 4.627.263.516.817.527.4
Mirae Asset Tax Saver Fund Growth ₹25.726
↓ -0.04
₹6,351 500 7.430.676.316.721.921.5
Axis Long Term Equity Fund Growth ₹61.9896
↓ -0.18
₹27,216 500 1.229.553.213.816.620.5
Kotak Tax Saver Fund Growth ₹60.09
↓ -0.06
₹1,679 500 7.42966.213.716.114.9
DSP BlackRock Tax Saver Fund Growth ₹66.503
↓ -0.15
₹7,883 500 7.333.56912.916.515
Invesco India Tax Plan Growth ₹68.2
↓ -0.20
₹1,461 500 3.824.657.411.815.519.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Apr 21
*Above is list of best ELSS SIP funds having AUM/Net Assets above 500 Crore. Sorted on Last 3 Year Return.

1. Canara Robeco Equity Tax Saver

(ELSS Scheme) Seeking to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.

Canara Robeco Equity Tax Saver is a Equity - ELSS fund was launched on 2 Feb 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 20.3% since its launch.  Ranked 36 in ELSS category.  Return for 2020 was 27.4% , 2019 was 10.7% and 2018 was 2.7% .

Below is the key information for Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver
Growth
Launch Date 2 Feb 09
NAV (09 Apr 21) ₹95.35 ↓ -0.33   (-0.34 %)
Net Assets (Cr) ₹1,725 on 28 Feb 21
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.32
Sharpe Ratio 0.99
Information Ratio 0.7
Alpha Ratio 3.71
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,850
31 Mar 18₹13,400
31 Mar 19₹15,236
31 Mar 20₹12,618
31 Mar 21₹21,905

Canara Robeco Equity Tax Saver SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for Canara Robeco Equity Tax Saver

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month -1.1%
3 Month 4.6%
6 Month 27.2%
1 Year 63.5%
3 Year 16.8%
5 Year 17.5%
10 Year
15 Year
Since launch 20.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 27.4%
2019 10.7%
2018 2.7%
2017 32%
2016 0%
2015 0.6%
2014 45.2%
2013 5.3%
2012 30%
2011 -16.3%
Fund Manager information for Canara Robeco Equity Tax Saver
NameSinceTenure
Shridatta Bhandwaldar1 Oct 191.5 Yr.
Cheenu Gupta12 Mar 183.06 Yr.

Data below for Canara Robeco Equity Tax Saver as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services31.77%
Technology18.31%
Industrials12.9%
Consumer Cyclical12.12%
Basic Materials10.76%
Health Care4.18%
Consumer Defensive3.44%
Communication Services2.84%
Utility1.02%
Energy0.41%
Asset Allocation
Asset ClassValue
Cash2.24%
Equity97.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
8%₹163 Cr1,191,310
↑ 116,810
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
7%₹146 Cr2,506,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
6%₹115 Cr767,184
↑ 75,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
6%₹108 Cr2,975,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Dec 20 | LT
5%₹96 Cr680,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
3%₹68 Cr132,450
↑ 7,500
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹65 Cr928,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS
3%₹61 Cr192,815
↑ 70,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Dec 18 | DIVISLAB
2%₹43 Cr119,000
↑ 13,500
Voltas Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Jul 20 | VOLTAS
2%₹42 Cr420,000

2. Mirae Asset Tax Saver Fund

The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns.

Mirae Asset Tax Saver Fund is a Equity - ELSS fund was launched on 28 Dec 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.6% since its launch.  Return for 2020 was 21.5% , 2019 was 14.1% and 2018 was -2.3% .

Below is the key information for Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund
Growth
Launch Date 28 Dec 15
NAV (09 Apr 21) ₹25.726 ↓ -0.04   (-0.16 %)
Net Assets (Cr) ₹6,351 on 28 Feb 21
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.63
Sharpe Ratio 1.02
Information Ratio 1.12
Alpha Ratio 5.26
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹13,829
31 Mar 18₹16,061
31 Mar 19₹18,098
31 Mar 20₹14,060
31 Mar 21₹26,154

Mirae Asset 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 ₹518,033.
Net Profit of ₹218,033
Invest Now

Returns for Mirae Asset 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 9 Apr 21

DurationReturns
1 Month -1.1%
3 Month 7.4%
6 Month 30.6%
1 Year 76.3%
3 Year 16.7%
5 Year 21.9%
10 Year
15 Year
Since launch 19.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 21.5%
2019 14.1%
2018 -2.3%
2017 47.9%
2016 14.8%
2015
2014
2013
2012
2011
Fund Manager information for Mirae Asset Tax Saver Fund
NameSinceTenure
Neelesh Surana28 Dec 155.26 Yr.

Data below for Mirae Asset Tax Saver Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services38.67%
Technology11.42%
Basic Materials10.1%
Consumer Cyclical7.4%
Health Care7.18%
Consumer Defensive6.23%
Industrials6.18%
Energy4.42%
Communication Services3.26%
Utility1.84%
Asset Allocation
Asset ClassValue
Cash0.32%
Equity99.68%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
9%₹593 Cr3,864,722
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
7%₹448 Cr3,571,693
↑ 365,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹445 Cr7,443,912
↑ 140,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
5%₹296 Cr4,086,266
↓ -80,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹273 Cr944,826
↑ 155,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
3%₹197 Cr5,053,799
Reliance Industries Limited
Equity, Since 30 Jun 20 | -
3%₹190 Cr1,568,304
↓ -42,034
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹184 Cr3,313,000
↓ -265,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Dec 15 | MARUTI
3%₹161 Cr235,091
↑ 65,999
JK Cement Ltd (Basic Materials)
Equity, Since 30 Jun 19 | JKCEMENT
2%₹157 Cr584,199

3. Axis Long Term Equity Fund

To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Axis Long Term Equity Fund is a Equity - ELSS fund was launched on 29 Dec 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 17.6% since its launch.  Ranked 20 in ELSS category.  Return for 2020 was 20.5% , 2019 was 14.8% and 2018 was 2.7% .

Below is the key information for Axis Long Term Equity Fund

Axis Long Term Equity Fund
Growth
Launch Date 29 Dec 09
NAV (09 Apr 21) ₹61.9896 ↓ -0.18   (-0.29 %)
Net Assets (Cr) ₹27,216 on 28 Feb 21
Category Equity - ELSS
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.72
Sharpe Ratio 0.69
Information Ratio 0.22
Alpha Ratio -6.32
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,830
31 Mar 18₹13,816
31 Mar 19₹14,994
31 Mar 20₹13,208
31 Mar 21₹20,820

Axis Long Term 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 ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for Axis Long Term 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 9 Apr 21

DurationReturns
1 Month -1.3%
3 Month 1.2%
6 Month 29.5%
1 Year 53.2%
3 Year 13.8%
5 Year 16.6%
10 Year
15 Year
Since launch 17.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 20.5%
2019 14.8%
2018 2.7%
2017 37.4%
2016 -0.7%
2015 6.7%
2014 66.2%
2013 16.5%
2012 33.7%
2011 -14.8%
Fund Manager information for Axis Long Term Equity Fund
NameSinceTenure
Jinesh Gopani1 Apr 1110.01 Yr.

Data below for Axis Long Term Equity Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services36.13%
Consumer Cyclical12.99%
Consumer Defensive12.67%
Technology10.86%
Basic Materials8.11%
Communication Services7.06%
Health Care6.14%
Utility3.8%
Industrials1.66%
Asset Allocation
Asset ClassValue
Cash0.6%
Equity99.4%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
9%₹2,523 Cr4,792,826
↑ 73,578
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 540376
8%₹2,060 Cr6,881,351
↑ 300,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 17 | TCS
7%₹1,871 Cr6,463,794
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 May 14 | NAUKRI
7%₹1,871 Cr3,809,775
↑ 234,942
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
7%₹1,774 Cr11,564,035
↓ -1,000,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 11 | KOTAKBANK
6%₹1,756 Cr9,863,096
↑ 500,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFC
6%₹1,535 Cr6,043,288
Nestle India Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Aug 14 | NESTLEIND
5%₹1,387 Cr861,600
↑ 50,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Nov 10 | MARUTI
5%₹1,246 Cr1,814,727
↓ -31,015
Pidilite Industries Ltd Shs Dematerialised (Basic Materials)
Equity, Since 30 Nov 14 | PIDILITIND
4%₹1,105 Cr6,552,262
↓ -200,000

4. 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 12.4% 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 (09 Apr 21) ₹60.09 ↓ -0.06   (-0.09 %)
Net Assets (Cr) ₹1,679 on 28 Feb 21
Category Equity - ELSS
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.34
Sharpe Ratio 0.77
Information Ratio 0.32
Alpha Ratio -3.9
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹12,978
31 Mar 18₹13,789
31 Mar 19₹15,193
31 Mar 20₹11,938
31 Mar 21₹20,457

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 ₹458,689.
Net Profit of ₹158,689
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 9 Apr 21

DurationReturns
1 Month 0.5%
3 Month 7.4%
6 Month 29%
1 Year 66.2%
3 Year 13.7%
5 Year 16.1%
10 Year
15 Year
Since launch 12.4%
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 155.6 Yr.

Data below for Kotak Tax Saver Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services24.97%
Basic Materials18.07%
Industrials17.52%
Technology11.81%
Consumer Cyclical7.89%
Health Care6.53%
Energy3.73%
Utility3.47%
Communication Services2.98%
Consumer Defensive1.59%
Asset Allocation
Asset ClassValue
Cash1.44%
Equity98.55%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹140 Cr2,350,000
↑ 850,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY
6%₹100 Cr800,000
↓ -25,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹65 Cr225,000
↓ -46,027
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Jun 06 | RELIANCE
4%₹63 Cr300,000
↓ -100,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
4%₹60 Cr1,550,000
↑ 1,550,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
3%₹58 Cr380,000
SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF
3%₹54 Cr100,000
↓ -5,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 532215
3%₹53 Cr725,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 21 | BHARTIARTL
3%₹50 Cr900,000
↑ 900,000
Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 28 Feb 14 | LT
3%₹47 Cr325,000
↑ 25,000

5. 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 14.2% 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 (09 Apr 21) ₹66.503 ↓ -0.15   (-0.22 %)
Net Assets (Cr) ₹7,883 on 28 Feb 21
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.91
Sharpe Ratio 0.85
Information Ratio 0.32
Alpha Ratio -1.73
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹13,067
31 Mar 18₹14,223
31 Mar 19₹15,420
31 Mar 20₹11,752
31 Mar 21₹20,865

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 ₹458,689.
Net Profit of ₹158,689
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 9 Apr 21

DurationReturns
1 Month 0.2%
3 Month 7.3%
6 Month 33.5%
1 Year 69%
3 Year 12.9%
5 Year 16.5%
10 Year
15 Year
Since launch 14.2%
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 155.71 Yr.
Charanjit Singh1 Jan 210.24 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services35.63%
Basic Materials12.76%
Technology9.36%
Consumer Cyclical8.19%
Industrials7.63%
Health Care7.36%
Consumer Defensive4.99%
Communication Services4.53%
Energy4.36%
Utility3.85%
Asset Allocation
Asset ClassValue
Cash1.34%
Equity98.66%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
8%₹637 Cr5,082,080
↑ 311,187
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
8%₹599 Cr10,028,596
↓ -1,658,411
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
7%₹572 Cr3,726,332
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
5%₹357 Cr6,420,892
↓ -595,011
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
4%₹316 Cr4,354,860
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹283 Cr7,266,283
↓ -2,156,375
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 20 | 500696
3%₹226 Cr1,060,242
↑ 124,841
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 20 | TATASTEEL
3%₹220 Cr3,074,876
↑ 117,233
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
2%₹184 Cr301,231
↓ -15,645
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | 500124
2%₹176 Cr396,776
↑ 24,938

6. 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 14.4% 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 (09 Apr 21) ₹68.2 ↓ -0.20   (-0.29 %)
Net Assets (Cr) ₹1,461 on 28 Feb 21
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.73
Information Ratio -0.15
Alpha Ratio -6.07
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹12,091
31 Mar 18₹13,969
31 Mar 19₹15,241
31 Mar 20₹12,017
31 Mar 21₹19,947

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 ₹447,579.
Net Profit of ₹147,579
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 9 Apr 21

DurationReturns
1 Month -1.6%
3 Month 3.8%
6 Month 24.6%
1 Year 57.4%
3 Year 11.8%
5 Year 15.5%
10 Year
15 Year
Since launch 14.4%
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 200.57 Yr.
Dhimant Kothari29 Mar 183.01 Yr.

Data below for Invesco India Tax Plan as on 28 Feb 21

Equity Sector Allocation
SectorValue
Financial Services34.53%
Technology16.82%
Consumer Cyclical10.26%
Industrials9.02%
Basic Materials7.28%
Energy5.68%
Consumer Defensive4.97%
Health Care4.4%
Utility3.13%
Communication Services2.77%
Asset Allocation
Asset ClassValue
Cash1.14%
Equity98.86%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
10%₹145 Cr948,078
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
9%₹135 Cr1,076,677
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹121 Cr2,031,464
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 17 | RELIANCE
6%₹83 Cr397,743
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
4%₹64 Cr883,988
↑ 192,701
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
4%₹56 Cr316,379
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
4%₹54 Cr254,612
L&T Technology Services Ltd (Technology)
Equity, Since 31 Aug 20 | LTTS
3%₹43 Cr167,264
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
3%₹41 Cr728,066
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Apr 20 | 543066
3%₹37 Cr348,092

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