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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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Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) IDFC Tax Advantage (ELSS) Fund Growth ₹117.121
↑ 0.52 ₹5,014 500 11.5 18.2 21 29.6 15.1 4.2 Franklin India Taxshield Growth ₹1,025.21
↑ 4.34 ₹5,250 500 11.6 17.3 18.9 25.6 12.1 5.4 Nippon India Tax Saver Fund (ELSS) Growth ₹90.333
↑ 0.39 ₹12,634 500 11.5 16 16.1 25.2 9.1 6.9 SBI Magnum Tax Gain Fund Growth ₹282.504
↑ 1.48 ₹15,374 500 13.4 20.7 25.3 25.1 14.2 6.9 HDFC Tax Saver Fund Growth ₹927.646
↑ 2.38 ₹11,296 500 10.7 15.9 19.9 25 11.8 10.5 Mahindra Mutual Fund Kar Bachat Yojana Growth ₹21.6743
↑ 0.07 ₹649 500 9.6 14.4 14.9 24.5 12.6 2 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23 ELSS SIP
funds having AUM/Net Assets above 500 Crore
. Sorted on Last 3 Year Return
.
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 objective for Franklin IndiaTaxshield is to provide medium to long term growth of capital along with income tax rebate Franklin India Taxshield is a Equity - ELSS fund was launched on 10 Apr 99. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Taxshield Returns up to 1 year are on 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. Nippon India Tax Saver Fund (ELSS) is a Equity - ELSS fund was launched on 21 Sep 05. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Tax Saver Fund (ELSS) Returns up to 1 year are on To deliver the benefit of investment in a portfolio of equity shares, while offering
deduction on such investment made in the scheme under section 80C of the
Income-tax Act, 1961. It also seeks to distribute income periodically depending
on distributable surplus. Investments in this scheme would be subject to a
statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits. SBI Magnum Tax Gain Fund is a Equity - ELSS fund was launched on 7 May 07. It is a fund with Moderately High risk and has given a Below is the key information for SBI Magnum Tax Gain Fund Returns up to 1 year are on The fund plans to provide long term growth of capital. HDFC Tax Saver Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Tax Saver Fund Returns up to 1 year are on The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns. Mahindra Mutual Fund Kar Bachat Yojana is a Equity - ELSS fund was launched on 18 Oct 16. It is a fund with Moderately High risk and has given a Below is the key information for Mahindra Mutual Fund Kar Bachat Yojana Returns up to 1 year are on 1. IDFC Tax Advantage (ELSS) Fund
CAGR/Annualized
return of 18.3% since its launch. Ranked 3 in ELSS
category. Return for 2022 was 4.2% , 2021 was 49.2% and 2020 was 18.7% . IDFC Tax Advantage (ELSS) Fund
Growth Launch Date 26 Dec 08 NAV (22 Aug 23) ₹117.121 ↑ 0.52 (0.45 %) Net Assets (Cr) ₹5,014 on 31 Jul 23 Category Equity - ELSS AMC IDFC Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.95 Sharpe Ratio 1.5 Information Ratio 1.29 Alpha Ratio 6.92 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,554 31 Aug 20 ₹9,030 31 Aug 21 ₹15,243 31 Aug 22 ₹16,746 31 Aug 23 ₹19,960 Returns for IDFC Tax Advantage (ELSS) Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.3% 3 Month 11.5% 6 Month 18.2% 1 Year 21% 3 Year 29.6% 5 Year 15.1% 10 Year 15 Year Since launch 18.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 49.2% 2020 18.7% 2019 1.9% 2018 -9.4% 2017 53.4% 2016 0.4% 2015 6.9% 2014 42.2% 2013 15% Fund Manager information for IDFC Tax Advantage (ELSS) Fund
Name Since Tenure Daylynn Pinto 20 Oct 16 6.87 Yr. Nishita Shah 31 Jul 23 0.09 Yr. Data below for IDFC Tax Advantage (ELSS) Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 26.52% Industrials 15.15% Consumer Cyclical 13.31% Basic Materials 10.56% Technology 8.39% Health Care 7.15% Consumer Defensive 6.64% Energy 4.27% Communication Services 2.15% Utility 1.74% Asset Allocation
Asset Class Value Cash 4.11% Equity 95.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK7% ₹364 Cr 3,800,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK6% ₹284 Cr 1,806,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE4% ₹217 Cr 900,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 5322154% ₹195 Cr 2,000,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY4% ₹194 Cr 1,350,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN3% ₹152 Cr 2,700,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS3% ₹150 Cr 2,500,000
↓ -100,000 NCC Ltd (Industrials)
Equity, Since 28 Feb 19 | NCC2% ₹115 Cr 6,800,000
↓ -700,000 KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 5327142% ₹114 Cr 1,700,000 Jindal Steel & Power Ltd Shs Dematerialised (Basic Materials)
Equity, Since 31 Mar 18 | 5322862% ₹110 Cr 1,600,000 2. Franklin India Taxshield
CAGR/Annualized
return of 20.9% since its launch. Ranked 28 in ELSS
category. Return for 2022 was 5.4% , 2021 was 36.7% and 2020 was 9.8% . Franklin India Taxshield
Growth Launch Date 10 Apr 99 NAV (22 Aug 23) ₹1,025.21 ↑ 4.34 (0.43 %) Net Assets (Cr) ₹5,250 on 31 Jul 23 Category Equity - ELSS AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 1.22 Information Ratio 0.61 Alpha Ratio 4.53 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,025 31 Aug 20 ₹8,788 31 Aug 21 ₹13,944 31 Aug 22 ₹14,999 31 Aug 23 ₹17,549 Returns for Franklin India Taxshield
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 2.2% 3 Month 11.6% 6 Month 17.3% 1 Year 18.9% 3 Year 25.6% 5 Year 12.1% 10 Year 15 Year Since launch 20.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.4% 2021 36.7% 2020 9.8% 2019 5.1% 2018 -3% 2017 29.1% 2016 4.7% 2015 4% 2014 56.9% 2013 6.1% Fund Manager information for Franklin India Taxshield
Name Since Tenure Anand Radhakrishnan 18 Oct 21 1.87 Yr. R. Janakiraman 2 May 16 7.34 Yr. Data below for Franklin India Taxshield as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 28.6% Industrials 13.1% Consumer Cyclical 12% Technology 9.8% Consumer Defensive 9.37% Basic Materials 6.25% Utility 4.48% Communication Services 4.41% Energy 3.79% Health Care 1.09% Asset Allocation
Asset Class Value Cash 7.13% Equity 92.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK8% ₹441 Cr 4,600,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 07 | HDFCBANK7% ₹393 Cr 2,500,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 19 | LT6% ₹297 Cr 1,100,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY5% ₹273 Cr 1,900,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | 5322155% ₹253 Cr 2,600,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 07 | BHARTIARTL4% ₹231 Cr 2,700,000 State Bank of India (Financial Services)
Equity, Since 31 Aug 15 | SBIN3% ₹168 Cr 3,000,000 United Spirits Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Oct 18 | MCDOWELL-N3% ₹166 Cr 1,650,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Oct 21 | HCLTECH3% ₹152 Cr 1,300,000 Grasim Industries Ltd (Basic Materials)
Equity, Since 30 Jun 11 | GRASIM3% ₹143 Cr 800,000 3. Nippon India Tax Saver Fund (ELSS)
CAGR/Annualized
return of 13.1% since its launch. Ranked 16 in ELSS
category. Return for 2022 was 6.9% , 2021 was 37.6% and 2020 was -0.4% . Nippon India Tax Saver Fund (ELSS)
Growth Launch Date 21 Sep 05 NAV (22 Aug 23) ₹90.333 ↑ 0.39 (0.43 %) Net Assets (Cr) ₹12,634 on 31 Jul 23 Category Equity - ELSS AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 1.8 Sharpe Ratio 0.98 Information Ratio 0.76 Alpha Ratio 1.56 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,003 31 Aug 20 ₹7,713 31 Aug 21 ₹12,669 31 Aug 22 ₹13,437 31 Aug 23 ₹15,377 Returns for Nippon India Tax Saver Fund (ELSS)
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.4% 3 Month 11.5% 6 Month 16% 1 Year 16.1% 3 Year 25.2% 5 Year 9.1% 10 Year 15 Year Since launch 13.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 6.9% 2021 37.6% 2020 -0.4% 2019 1.5% 2018 -20.7% 2017 46% 2016 4.2% 2015 -2.9% 2014 83% 2013 3.5% Fund Manager information for Nippon India Tax Saver Fund (ELSS)
Name Since Tenure Rupesh Patel 1 Jul 21 2.17 Yr. Ashutosh Bhargava 1 Jul 20 3.17 Yr. Kinjal Desai 25 May 18 5.27 Yr. Akshay Sharma 1 Dec 22 0.75 Yr. Data below for Nippon India Tax Saver Fund (ELSS) as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 35.44% Consumer Cyclical 12.4% Industrials 9.84% Consumer Defensive 9.12% Basic Materials 8.92% Utility 5.22% Technology 5.04% Energy 4.38% Health Care 3.94% Communication Services 3.33% Real Estate 1.51% Asset Allocation
Asset Class Value Cash 0.39% Equity 99.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK9% ₹1,109 Cr 7,056,000 ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK8% ₹997 Cr 10,400,000
↓ -300,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY5% ₹632 Cr 4,400,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | 5322154% ₹560 Cr 5,750,000
↓ -650,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN4% ₹483 Cr 8,600,000
↓ -400,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE4% ₹457 Cr 1,900,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 28 Feb 19 | 5325553% ₹357 Cr 16,200,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT3% ₹351 Cr 1,300,000 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | MOTHERSON2% ₹304 Cr 31,700,000
↓ -1,000,000 Linde India Ltd (Basic Materials)
Equity, Since 31 Oct 13 | 5234572% ₹257 Cr 410,000
↓ -71,532 4. SBI Magnum Tax Gain Fund
CAGR/Annualized
return of 11.9% since its launch. Ranked 31 in ELSS
category. Return for 2022 was 6.9% , 2021 was 31% and 2020 was 18.9% . SBI Magnum Tax Gain Fund
Growth Launch Date 7 May 07 NAV (22 Aug 23) ₹282.504 ↑ 1.48 (0.53 %) Net Assets (Cr) ₹15,374 on 31 Jul 23 Category Equity - ELSS AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.79 Sharpe Ratio 1.65 Information Ratio 0.48 Alpha Ratio 9.77 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,931 31 Aug 20 ₹9,588 31 Aug 21 ₹14,572 31 Aug 22 ₹15,615 31 Aug 23 ₹19,279 Returns for SBI Magnum Tax Gain Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.5% 3 Month 13.4% 6 Month 20.7% 1 Year 25.3% 3 Year 25.1% 5 Year 14.2% 10 Year 15 Year Since launch 11.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 6.9% 2021 31% 2020 18.9% 2019 4% 2018 -8.3% 2017 33% 2016 2.1% 2015 3.2% 2014 49.1% 2013 7% Fund Manager information for SBI Magnum Tax Gain Fund
Name Since Tenure Dinesh Balachandran 10 Sep 16 6.98 Yr. Data below for SBI Magnum Tax Gain Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 25.93% Industrials 14.7% Health Care 9.35% Consumer Cyclical 8.64% Energy 8.31% Basic Materials 8.1% Technology 8.03% Utility 5.01% Consumer Defensive 3.14% Communication Services 3.06% Real Estate 1.42% Asset Allocation
Asset Class Value Cash 4.32% Equity 95.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK5% ₹711 Cr 7,416,237 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 07 | LT4% ₹667 Cr 2,468,968 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK4% ₹667 Cr 4,243,253 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M3% ₹538 Cr 3,415,083 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTL3% ₹476 Cr 5,563,576 Cummins India Ltd (Industrials)
Equity, Since 28 Feb 19 | 5004803% ₹472 Cr 2,763,190
↓ -94,007 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE3% ₹466 Cr 1,937,574 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 11 | 5322153% ₹437 Cr 4,492,332 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN3% ₹431 Cr 7,685,639 Cipla Ltd Shs Dematerialised (Healthcare)
Equity, Since 31 Jul 18 | 5000873% ₹428 Cr 3,403,528 5. HDFC Tax Saver Fund
CAGR/Annualized
return of since its launch. Ranked 27 in ELSS
category. Return for 2022 was 10.5% , 2021 was 35.3% and 2020 was 5.8% . HDFC Tax Saver Fund
Growth Launch Date 31 Mar 96 NAV (22 Aug 23) ₹927.646 ↑ 2.38 (0.26 %) Net Assets (Cr) ₹11,296 on 31 Jul 23 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio 1.44 Information Ratio 0.61 Alpha Ratio 6.36 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,819 31 Aug 20 ₹8,707 31 Aug 21 ₹13,025 31 Aug 22 ₹14,624 31 Aug 23 ₹17,289 Returns for HDFC Tax Saver Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 1.5% 3 Month 10.7% 6 Month 15.9% 1 Year 19.9% 3 Year 25% 5 Year 11.8% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2022 10.5% 2021 35.3% 2020 5.8% 2019 3.7% 2018 -10.9% 2017 38.7% 2016 7.6% 2015 -6.2% 2014 56.4% 2013 5.1% Fund Manager information for HDFC Tax Saver Fund
Name Since Tenure Roshi Jain 13 Jan 22 1.63 Yr. Dhruv Muchhal 22 Jun 23 0.19 Yr. Data below for HDFC Tax Saver Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 35.2% Technology 12.27% Health Care 11.77% Industrials 10.77% Consumer Cyclical 6.55% Utility 5.99% Communication Services 5.85% Energy 4.96% Real Estate 2.28% Asset Allocation
Asset Class Value Cash 4.35% Equity 95.65% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK9% ₹1,035 Cr 10,800,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | HDFCBANK9% ₹1,006 Cr 6,400,000
↑ 300,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL6% ₹642 Cr 7,500,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jan 22 | HAL5% ₹585 Cr 1,500,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 30 Nov 16 | 5325555% ₹573 Cr 26,000,000 Cipla Ltd Shs Dematerialised (Healthcare)
Equity, Since 31 Oct 09 | 5000875% ₹566 Cr 4,500,000
↑ 200,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 06 | SBIN5% ₹561 Cr 10,000,000 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH5% ₹539 Cr 4,600,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | M&M4% ₹504 Cr 3,200,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 08 | INFY4% ₹502 Cr 3,500,000
↓ -200,000 6. Mahindra Mutual Fund Kar Bachat Yojana
CAGR/Annualized
return of 11.9% since its launch. Return for 2022 was 2% , 2021 was 39.4% and 2020 was 14.1% . Mahindra Mutual Fund Kar Bachat Yojana
Growth Launch Date 18 Oct 16 NAV (22 Aug 23) ₹21.6743 ↑ 0.07 (0.33 %) Net Assets (Cr) ₹649 on 31 Jul 23 Category Equity - ELSS AMC Mahindra Asset Management Company Pvt. Ltd. Rating Risk Moderately High Expense Ratio 2.48 Sharpe Ratio 1.02 Information Ratio 0.4 Alpha Ratio 1.89 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹8,870 31 Aug 20 ₹9,234 31 Aug 21 ₹15,052 31 Aug 22 ₹15,847 31 Aug 23 ₹18,058 Returns for Mahindra Mutual Fund Kar Bachat Yojana
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.4% 3 Month 9.6% 6 Month 14.4% 1 Year 14.9% 3 Year 24.5% 5 Year 12.6% 10 Year 15 Year Since launch 11.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 2% 2021 39.4% 2020 14.1% 2019 4.5% 2018 -9.8% 2017 24.8% 2016 2015 2014 2013 Fund Manager information for Mahindra Mutual Fund Kar Bachat Yojana
Name Since Tenure Manish Lodha 21 Dec 20 2.7 Yr. Fatema Pacha 16 Oct 20 2.88 Yr. Data below for Mahindra Mutual Fund Kar Bachat Yojana as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 31.37% Consumer Cyclical 14.18% Technology 12.29% Industrials 11.37% Basic Materials 11.11% Consumer Defensive 5.13% Energy 4.92% Health Care 3.73% Utility 2.14% Real Estate 1.59% Asset Allocation
Asset Class Value Cash 2.17% Equity 97.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | HDFCBANK8% ₹55 Cr 349,876 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 19 | ICICIBANK8% ₹50 Cr 519,620
↑ 45,500 Infosys Ltd (Technology)
Equity, Since 29 Feb 20 | INFY5% ₹35 Cr 243,807 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE5% ₹32 Cr 134,154 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 5322154% ₹28 Cr 289,631 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 31 May 19 | TCS3% ₹22 Cr 65,286
↑ 6,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 21 | 5000343% ₹20 Cr 27,900
↑ 2,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 18 | MARUTI3% ₹17 Cr 17,376 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 18 | LT3% ₹17 Cr 63,071 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 28 Feb 21 | 5325552% ₹14 Cr 636,000