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6 Best Tax Saving SIP MF Plans to Invest in 2019 | Fincash.com

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6 Best Tax Saving SIP Plans to Invest in 2019

Updated on May 16, 2019 , 661 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 19 - 20

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2018 (%)
Tata India Tax Savings Fund Growth ₹17.7419
↑ 0.21
₹1,770 500 6.96.91.113.3 -8.4
IDFC Tax Advantage (ELSS) Fund Growth ₹54.25
↑ 0.30
₹1,992 500 8.11.6-7.912.414.7-9.4
DSP BlackRock Tax Saver Fund Growth ₹46.597
↑ 0.42
₹5,413 500 8.15.60.91314.7-7.6
Aditya Birla Sun Life Tax Relief '96 Growth ₹30.32
↑ 0.34
₹8,599 500 2.51.1-4.411.716.1-4.5
Principal Tax Savings Fund Growth ₹200.82
↑ 2.22
₹408 500 5.10.3-5.113.813.1-9.2
L&T Tax Advantage Fund Growth ₹51.828
↑ 0.59
₹3,338 500 5.3-2.9-8.511.612.5-8.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 May 19

1. Tata India Tax Savings Fund

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 CAGR/Annualized return of 13.3% since its launch.  Ranked 1 in ELSS category.  Return for 2018 was -8.4% , 2017 was 46% and 2016 was 2.1% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (17 May 19) ₹17.7419 ↑ 0.21   (1.20 %)
Net Assets (Cr) ₹1,770 on 31 Mar 19
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio 0.32
Information Ratio -0.08
Alpha Ratio -10.6
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,951
30 Apr 16₹11,582
30 Apr 17₹14,949
30 Apr 18₹17,303
30 Apr 19₹17,474

Tata India Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 19

DurationReturns
1 Month -2.5%
3 Month 6.9%
6 Month 6.9%
1 Year 1.1%
3 Year 13.3%
5 Year
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rupesh Patel1 Apr 153.84 Yr.
Ennette Fernandes18 Jun 180.62 Yr.

Data below for Tata India Tax Savings Fund as on 31 Mar 19

Equity Sector Allocation
SectorValue
Financial Services40.7%
Technology10.21%
Consumer Cyclical9.33%
Industrials9.28%
Consumer Defensive9.05%
Energy5.84%
Health Care5.22%
Basic Materials3.29%
Real Estate0.62%
Asset Allocation
Asset ClassValue
Cash6.46%
Equity93.54%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹164 Cr4,015,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹130 Cr560,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
7%₹126 Cr1,680,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
6%₹115 Cr1,500,000
(A) Treps
CBLO/Reverse Repo | -
6%₹113 Cr
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
5%₹96 Cr3,100,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
4%₹70 Cr500,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 15 | KOTAKBANK
4%₹69 Cr495,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
3%₹62 Cr310,000
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 16 | ITC
3%₹57 Cr1,900,000

2. 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 17.7% since its launch.  Ranked 3 in ELSS category.  Return for 2018 was -9.4% , 2017 was 53.4% and 2016 was 0.4% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (17 May 19) ₹54.25 ↑ 0.30   (0.56 %)
Net Assets (Cr) ₹1,992 on 31 Mar 19
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.74
Sharpe Ratio -0.05
Information Ratio 0.05
Alpha Ratio -10.76
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹15,042
30 Apr 16₹14,224
30 Apr 17₹18,363
30 Apr 18₹22,995
30 Apr 19₹21,602

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 ₹436,710.
Net Profit of ₹136,710
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 17 May 19

DurationReturns
1 Month -4.7%
3 Month 8.1%
6 Month 1.6%
1 Year -7.9%
3 Year 12.4%
5 Year 14.7%
10 Year
15 Year
Since launch 17.7%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Daylynn Pinto20 Oct 162.28 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Mar 19

Equity Sector Allocation
SectorValue
Financial Services27.99%
Consumer Cyclical13.97%
Basic Materials12.13%
Industrials11.42%
Technology8.79%
Energy6.55%
Health Care6.44%
Consumer Defensive3.43%
Utility3.35%
Communication Services0.16%
Asset Allocation
Asset ClassValue
Cash5.1%
Equity94.9%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
6%₹128 Cr3,150,000
↑ 50,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹100 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹81 Cr350,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹81 Cr2,600,000
↑ 100,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹77 Cr550,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
4%₹71 Cr925,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
3%₹60 Cr800,000
↓ -100,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹56 Cr825,000
↑ 25,000
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹53 Cr1,260,000
↑ 120,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 532286
2%₹39 Cr2,200,000
↑ 400,000

3. 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 13.3% since its launch.  Ranked 12 in ELSS category.  Return for 2018 was -7.6% , 2017 was 36.3% and 2016 was 11.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (17 May 19) ₹46.597 ↑ 0.42   (0.91 %)
Net Assets (Cr) ₹5,413 on 31 Mar 19
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.47
Sharpe Ratio 0.34
Information Ratio -0.08
Alpha Ratio -1.51
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹14,315
30 Apr 16₹14,767
30 Apr 17₹19,536
30 Apr 18₹21,742
30 Apr 19₹22,332

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 ₹436,710.
Net Profit of ₹136,710
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 17 May 19

DurationReturns
1 Month -4.3%
3 Month 8.1%
6 Month 5.6%
1 Year 0.9%
3 Year 13%
5 Year 14.7%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Rohit Singhania16 Jul 153.55 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 31 Mar 19

Equity Sector Allocation
SectorValue
Financial Services38.4%
Basic Materials12.23%
Industrials8.67%
Technology8.4%
Health Care8.12%
Consumer Defensive6.32%
Energy6.3%
Consumer Cyclical5.24%
Utility2.72%
Real Estate0.69%
Asset Allocation
Asset ClassValue
Cash2.92%
Equity97.08%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
9%₹513 Cr12,587,271
↑ 267,844
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
8%₹452 Cr1,950,336
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
6%₹328 Cr4,276,922
↑ 1,103,434
State Bank of India (Financial Services)
Equity, Since 30 Jun 08 | SBIN
4%₹225 Cr7,244,278
↑ 775,787
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
4%₹200 Cr1,436,111
↑ 453,532
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
4%₹199 Cr1,477,316
↑ 80,964
Bharat Financial Inclusion Ltd (Financial Services)
Equity, Since 31 Aug 17 | BHARATFIN
3%₹174 Cr1,723,167
↑ 429,361
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 16 | HCLTECH
3%₹166 Cr1,404,077
↑ 401,486
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 16 | 500820
3%₹166 Cr1,132,293
↑ 150,841
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KOTAKBANK
3%₹160 Cr1,154,022
↑ 140,224

4. Aditya Birla Sun Life Tax Relief '96

An Open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities

Aditya Birla Sun Life Tax Relief '96 is a Equity - ELSS fund was launched on 6 Mar 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10.4% since its launch.  Ranked 4 in ELSS category.  Return for 2018 was -4.5% , 2017 was 43.2% and 2016 was 3.4% .

Below is the key information for Aditya Birla Sun Life Tax Relief '96

Aditya Birla Sun Life Tax Relief '96
Growth
Launch Date 6 Mar 08
NAV (17 May 19) ₹30.32 ↑ 0.34   (1.13 %)
Net Assets (Cr) ₹8,599 on 31 Mar 19
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.42
Sharpe Ratio 0.12
Information Ratio -0.21
Alpha Ratio -7.2
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹15,571
30 Apr 16₹15,822
30 Apr 17₹19,624
30 Apr 18₹23,928
30 Apr 19₹23,272

Aditya Birla Sun Life Tax Relief '96 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 Aditya Birla Sun Life Tax Relief '96

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 19

DurationReturns
1 Month -5.7%
3 Month 2.5%
6 Month 1.1%
1 Year -4.4%
3 Year 11.7%
5 Year 16.1%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -4.5%
2017 43.2%
2016 3.4%
2015 9.2%
2014 54.6%
2013 9.1%
2012 36.6%
2011 -29.6%
2010 13.5%
2009 102.8%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0612.34 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 31 Mar 19

Equity Sector Allocation
SectorValue
Financial Services20.83%
Consumer Cyclical18.44%
Industrials11.81%
Health Care11.53%
Basic Materials11.28%
Consumer Defensive9.22%
Energy8.29%
Technology5%
Asset Allocation
Asset ClassValue
Cash3.59%
Equity96.41%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
8%₹720 Cr5,171,293
↑ 161,485
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
7%₹633 Cr263,291
↑ 3,825
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
7%₹626 Cr829,890
↑ 18,106
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
5%₹476 Cr1,157,074
↑ 45,400
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
5%₹474 Cr2,375,753
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
5%₹462 Cr1,469,672
↑ 29,312
Thomas Cook India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 15 | THOMASCOOK
5%₹410 Cr16,692,669
↑ 652,500
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹346 Cr2,562,781
↑ 63,765
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
4%₹345 Cr2,682,825
↑ 70,300
Clearing Corporation Of India Limited
CBLO | -
4%₹344 Cr

5. Principal Tax Savings Fund

To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation.

Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.9% since its launch.  Ranked 8 in ELSS category.  Return for 2018 was -9.2% , 2017 was 48.8% and 2016 was 6.2% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (17 May 19) ₹200.82 ↑ 2.22   (1.12 %)
Net Assets (Cr) ₹408 on 31 Mar 19
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.88
Sharpe Ratio 0.04
Information Ratio 0.17
Alpha Ratio -7.11
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹13,606
30 Apr 16₹13,515
30 Apr 17₹18,423
30 Apr 18₹22,124
30 Apr 19₹20,807

Principal Tax Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for Principal Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 19

DurationReturns
1 Month -5.5%
3 Month 5.1%
6 Month 0.3%
1 Year -5.1%
3 Year 13.8%
5 Year 13.1%
10 Year
15 Year
Since launch 15.9%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
2013 8.5%
2012 46.5%
2011 -30.4%
2010 15%
2009 64.7%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
P.V.K. Mohan1 Sep 108.42 Yr.

Data below for Principal Tax Savings Fund as on 31 Mar 19

Equity Sector Allocation
SectorValue
Financial Services28.67%
Basic Materials13.16%
Consumer Defensive11.95%
Technology10.71%
Industrials8.13%
Consumer Cyclical6.97%
Energy4.61%
Health Care4.42%
Utility4.24%
Communication Services1.28%
Asset Allocation
Asset ClassValue
Cash5.74%
Equity94.26%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
5%₹21 Cr91,334
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
5%₹21 Cr509,143
Net Receivable / Payable
Net Current Assets | -
5%₹19 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
5%₹19 Cr134,452
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
4%₹15 Cr66,040
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹15 Cr479,851
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹14 Cr455,396
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹12 Cr89,915
Tata Power Co Ltd (Utilities)
Equity, Since 30 Nov 17 | 500400
3%₹11 Cr1,582,240
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
3%₹10 Cr77,262

6. L&T Tax Advantage Fund

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.3% since its launch.  Ranked 7 in ELSS category.  Return for 2018 was -8.1% , 2017 was 42.3% and 2016 was 8.1% .

Below is the key information for L&T Tax Advantage Fund

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (17 May 19) ₹51.828 ↑ 0.59   (1.14 %)
Net Assets (Cr) ₹3,338 on 31 Mar 19
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.16
Information Ratio -0.32
Alpha Ratio -11.53
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
30 Apr 14₹10,000
30 Apr 15₹13,664
30 Apr 16₹13,704
30 Apr 17₹18,331
30 Apr 18₹21,557
30 Apr 19₹19,996

L&T 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 ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for L&T 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 17 May 19

DurationReturns
1 Month -4.2%
3 Month 5.3%
6 Month -2.9%
1 Year -8.5%
3 Year 11.6%
5 Year 12.5%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
2018 -8.1%
2017 42.3%
2016 8.1%
2015 2.9%
2014 44.8%
2013 6.8%
2012 27.4%
2011 -21.8%
2010 29.2%
2009 86.7%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
S.N. Lahiri24 Nov 126.19 Yr.

Data below for L&T Tax Advantage Fund as on 31 Mar 19

Equity Sector Allocation
SectorValue
Financial Services33.77%
Technology12.28%
Basic Materials11.44%
Industrials10.33%
Consumer Cyclical9.99%
Health Care8.29%
Energy4.92%
Consumer Defensive2.69%
Communication Services2.03%
Utility1.02%
Asset Allocation
Asset ClassValue
Cash2.38%
Equity96.94%
Other0.68%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
6%₹211 Cr5,184,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
6%₹208 Cr897,300
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹146 Cr644,500
↑ 29,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹140 Cr1,004,100
↑ 23,900
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 17 | HDFC
3%₹110 Cr549,000
↓ -100,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹102 Cr753,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Mar 19 | RBLBANK
3%₹101 Cr1,490,700
↑ 206,262
Future Retail Ltd (Consumer Cyclical)
Equity, Since 31 Aug 16 | FRETAIL
3%₹100 Cr2,386,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹100 Cr1,327,000
↓ -89,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 17 | 532215
3%₹99 Cr1,293,000

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