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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 October 21, 2021 , 15562 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 (%)
BOI AXA Tax Advantage Fund Growth ₹101.84
↓ -1.06
₹517 500 8.428.862.931.119.431.2
Canara Robeco Equity Tax Saver Growth ₹118.36
↓ -0.71
₹2,772 500 11.127.85827.818.927.4
Mirae Asset Tax Saver Fund Growth ₹31.955
↓ -0.17
₹9,832 500 11.727.861.227.220.621.5
DSP BlackRock Tax Saver Fund Growth ₹83.218
↓ -0.25
₹9,756 500 9.828.665.226.216.315
Axis Long Term Equity Fund Growth ₹76.5441
↓ -0.58
₹34,371 500 12.427.960.5251820.5
IDFC Tax Advantage (ELSS) Fund Growth ₹97.85
↓ -0.73
₹3,439 500 11.830.178.424.417.918.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Oct 21
*Above is list of best ELSS SIP funds having AUM/Net Assets above 500 Crore. Sorted on Last 3 Year Return.

1. BOI AXA Tax Advantage Fund

The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.)

BOI AXA Tax Advantage Fund is a Equity - ELSS fund was launched on 25 Feb 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 20.1% since its launch.  Ranked 13 in ELSS category.  Return for 2020 was 31.2% , 2019 was 14.6% and 2018 was -16.3% .

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund
Growth
Launch Date 25 Feb 09
NAV (22 Oct 21) ₹101.84 ↓ -1.06   (-1.03 %)
Net Assets (Cr) ₹517 on 30 Sep 21
Category Equity - ELSS
AMC BOI AXA Investment Mngrs Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.56
Sharpe Ratio 4.12
Information Ratio 1.11
Alpha Ratio 15.37
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 16₹10,000
30 Sep 17₹12,173
30 Sep 18₹11,699
30 Sep 19₹12,730
30 Sep 20₹14,795
30 Sep 21₹24,531

BOI AXA 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 ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for BOI AXA 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 22 Oct 21

DurationReturns
1 Month 0.1%
3 Month 8.4%
6 Month 28.8%
1 Year 62.9%
3 Year 31.1%
5 Year 19.4%
10 Year
15 Year
Since launch 20.1%
Historical performance (Yearly) on absolute basis
YearReturns
2020 31.2%
2019 14.6%
2018 -16.3%
2017 57.7%
2016 -1.2%
2015 2.1%
2014 44%
2013 9.1%
2012 24.8%
2011 -24.1%
Fund Manager information for BOI AXA Tax Advantage Fund
NameSinceTenure
Aakash Manghani15 Jul 192.13 Yr.

Data below for BOI AXA Tax Advantage Fund as on 30 Sep 21

Equity Sector Allocation
SectorValue
Financial Services25.63%
Basic Materials21.07%
Technology16.77%
Health Care13.53%
Consumer Cyclical9.25%
Consumer Defensive3.54%
Communication Services3.29%
Industrials2.65%
Energy1.76%
Utility1.44%
Asset Allocation
Asset ClassValue
Cash0.96%
Equity98.94%
Debt0.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
5%₹26 Cr368,176
↑ 7,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK
5%₹23 Cr145,982
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
4%₹20 Cr118,505
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB
4%₹19 Cr37,159
↓ -1,100
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 500034
3%₹18 Cr23,648
↑ 1,419
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND
3%₹17 Cr51,325
Laurus Labs Ltd (Healthcare)
Equity, Since 30 Jun 20 | 540222
3%₹16 Cr236,350
Coforge Ltd (Technology)
Equity, Since 31 Jul 20 | 532541
3%₹15 Cr28,640
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Aug 20 | 506401
3%₹13 Cr57,023
↑ 2,500
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 19 | 532504
2%₹13 Cr31,203
↓ -689

2. 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 21.4% 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 (22 Oct 21) ₹118.36 ↓ -0.71   (-0.60 %)
Net Assets (Cr) ₹2,772 on 30 Sep 21
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.26
Sharpe Ratio 3.67
Information Ratio 0.82
Alpha Ratio 8.97
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 16₹10,000
30 Sep 17₹11,323
30 Sep 18₹12,392
30 Sep 19₹13,385
30 Sep 20₹14,800
30 Sep 21₹23,567

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 ₹481,656.
Net Profit of ₹181,656
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 22 Oct 21

DurationReturns
1 Month 2.3%
3 Month 11.1%
6 Month 27.8%
1 Year 58%
3 Year 27.8%
5 Year 18.9%
10 Year
15 Year
Since launch 21.4%
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
Vishal Mishra26 Jun 210.18 Yr.
Shridatta Bhandwaldar1 Oct 191.92 Yr.

Data below for Canara Robeco Equity Tax Saver as on 30 Sep 21

Equity Sector Allocation
SectorValue
Financial Services32.22%
Technology15.48%
Industrials12.68%
Consumer Cyclical10.97%
Basic Materials7.88%
Health Care6.91%
Consumer Defensive5.45%
Utility1.97%
Energy1.77%
Communication Services1.41%
Asset Allocation
Asset ClassValue
Cash3.24%
Equity96.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
8%₹219 Cr1,281,310
↓ -95,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
8%₹209 Cr1,322,184
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
7%₹180 Cr2,506,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT
4%₹114 Cr680,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS
4%₹109 Cr288,815
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
4%₹100 Cr132,450
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 20 | HDFC
3%₹80 Cr287,500
↓ -10,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
3%₹75 Cr1,750,000
↑ 150,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹73 Cr928,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | 500696
2%₹53 Cr194,690
↑ 20,000

3. 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 22.1% 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 (22 Oct 21) ₹31.955 ↓ -0.17   (-0.52 %)
Net Assets (Cr) ₹9,832 on 30 Sep 21
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.4
Sharpe Ratio 3.77
Information Ratio 1.48
Alpha Ratio 8.07
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 16₹10,000
30 Sep 17₹12,717
30 Sep 18₹13,562
30 Sep 19₹14,761
30 Sep 20₹15,789
30 Sep 21₹25,942

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 ₹505,644.
Net Profit of ₹205,644
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 22 Oct 21

DurationReturns
1 Month 2.8%
3 Month 11.7%
6 Month 27.8%
1 Year 61.2%
3 Year 27.2%
5 Year 20.6%
10 Year
15 Year
Since launch 22.1%
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 155.68 Yr.

Data below for Mirae Asset Tax Saver Fund as on 30 Sep 21

Equity Sector Allocation
SectorValue
Financial Services38.91%
Basic Materials12.22%
Technology12.08%
Consumer Cyclical7.81%
Industrials7.57%
Health Care6.91%
Consumer Defensive3.78%
Communication Services3.46%
Utility1.65%
Energy1.18%
Asset Allocation
Asset ClassValue
Cash0.41%
Equity99.59%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
8%₹787 Cr4,979,722
↑ 50,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹672 Cr9,338,912
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
6%₹599 Cr3,511,693
↓ -60,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
5%₹431 Cr5,486,266
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹379 Cr999,826
↓ -75,000
Reliance Industries Limited
Equity, Since 30 Jun 21 | -
4%₹377 Cr2,333,304
↑ 25,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN
4%₹348 Cr8,158,799
↑ 975,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹298 Cr4,491,889
↓ -225,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC
2%₹234 Cr836,263
↓ -65,000
JK Cement Ltd (Basic Materials)
Equity, Since 30 Jun 19 | JKCEMENT
2%₹216 Cr659,543
↑ 18,652

4. 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 15.4% 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 (22 Oct 21) ₹83.218 ↓ -0.25   (-0.29 %)
Net Assets (Cr) ₹9,756 on 30 Sep 21
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 1.87
Sharpe Ratio 3.96
Information Ratio 0.88
Alpha Ratio 9.96
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 16₹10,000
30 Sep 17₹11,648
30 Sep 18₹11,557
30 Sep 19₹12,954
30 Sep 20₹12,588
30 Sep 21₹21,403

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 22 Oct 21

DurationReturns
1 Month 2.7%
3 Month 9.8%
6 Month 28.6%
1 Year 65.2%
3 Year 26.2%
5 Year 16.3%
10 Year
15 Year
Since launch 15.4%
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 156.13 Yr.
Charanjit Singh1 Jan 210.67 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 30 Sep 21

Equity Sector Allocation
SectorValue
Financial Services40.81%
Basic Materials13.42%
Technology10.47%
Consumer Cyclical8.13%
Industrials7.75%
Utility5.65%
Health Care4.54%
Communication Services3.57%
Energy2.61%
Consumer Defensive2.25%
Asset Allocation
Asset ClassValue
Cash0.79%
Equity99.21%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹853 Cr11,862,015
↑ 202,831
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
7%₹652 Cr3,818,400
↓ -221,452
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
7%₹641 Cr4,054,521
↑ 181,412
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
5%₹437 Cr5,553,541
↑ 251,919
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
4%₹410 Cr9,631,242
↓ -1,484,659
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 20 | TATASTEEL
4%₹377 Cr2,601,708
↓ -405,832
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
4%₹345 Cr5,202,696
↓ -829,702
Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Jan 21 | 532978
3%₹283 Cr165,147
ACC Ltd (Basic Materials)
Equity, Since 28 Feb 19 | 500410
2%₹212 Cr876,828
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 21 | KOTAKBANK
2%₹210 Cr1,197,908
↑ 79,658

5. 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 18.8% 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 (22 Oct 21) ₹76.5441 ↓ -0.58   (-0.76 %)
Net Assets (Cr) ₹34,371 on 30 Sep 21
Category Equity - ELSS
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.68
Sharpe Ratio 2.68
Information Ratio 0.32
Alpha Ratio -7.43
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 16₹10,000
30 Sep 17₹11,703
30 Sep 18₹12,644
30 Sep 19₹14,176
30 Sep 20₹14,067
30 Sep 21₹22,847

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 ₹470,047.
Net Profit of ₹170,047
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 22 Oct 21

DurationReturns
1 Month -0.4%
3 Month 12.4%
6 Month 27.9%
1 Year 60.5%
3 Year 25%
5 Year 18%
10 Year
15 Year
Since launch 18.8%
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 1110.43 Yr.

Data below for Axis Long Term Equity Fund as on 30 Sep 21

Equity Sector Allocation
SectorValue
Financial Services33.47%
Consumer Defensive13.02%
Technology11.59%
Basic Materials10.53%
Consumer Cyclical9.77%
Communication Services7.73%
Health Care7.26%
Utility3.85%
Industrials1.59%
Real Estate0.29%
Asset Allocation
Asset ClassValue
Cash0.9%
Equity99.1%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
11%₹3,605 Cr4,790,581
↑ 50,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 17 | TCS
8%₹2,821 Cr7,451,140
↓ -50,000
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 540376
8%₹2,744 Cr6,937,429
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 May 14 | NAUKRI
8%₹2,619 Cr4,236,101
↑ 150,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 17 | DIVISLAB
5%₹1,827 Cr3,531,231
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFC
5%₹1,757 Cr6,278,691
↑ 300,000
Nestle India Ltd (Consumer Defensive)
Equity, Since 31 Aug 14 | NESTLEIND
5%₹1,666 Cr855,912
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
5%₹1,659 Cr10,488,502
↑ 913,596
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Nov 14 | PIDILITIND
5%₹1,544 Cr6,769,674
↑ 192,412
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 11 | KOTAKBANK
4%₹1,455 Cr8,297,028
↓ -53,641

6. 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 19.5% 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 (22 Oct 21) ₹97.85 ↓ -0.73   (-0.74 %)
Net Assets (Cr) ₹3,439 on 30 Sep 21
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio 3.7
Information Ratio 0.14
Alpha Ratio 16.83
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Sep 16₹10,000
30 Sep 17₹12,741
30 Sep 18₹12,946
30 Sep 19₹12,796
30 Sep 20₹12,917
30 Sep 21₹22,718

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 ₹470,047.
Net Profit of ₹170,047
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 22 Oct 21

DurationReturns
1 Month 4.8%
3 Month 11.8%
6 Month 30.1%
1 Year 78.4%
3 Year 24.4%
5 Year 17.9%
10 Year
15 Year
Since launch 19.5%
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 164.87 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Sep 21

Equity Sector Allocation
SectorValue
Financial Services23.52%
Basic Materials15.16%
Consumer Cyclical14.85%
Industrials14.4%
Technology14.22%
Energy4.99%
Health Care4.7%
Communication Services3.38%
Consumer Defensive3.37%
Asset Allocation
Asset ClassValue
Cash1.41%
Equity98.59%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
8%₹259 Cr3,600,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
7%₹235 Cr1,375,000
↓ -25,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
5%₹153 Cr3,600,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹150 Cr950,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
4%₹137 Cr600,000
↓ -20,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹124 Cr550,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
3%₹113 Cr1,700,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
3%₹86 Cr3,000,000
HCL Technologies Ltd (Technology)
Equity, Since 30 Nov 20 | HCLTECH
2%₹83 Cr700,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 532215
2%₹75 Cr950,000

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