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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 January 14, 2021 , 8078 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 ₹90.59
↓ -1.32
₹1,333 500 22.439.830.214.216.327.4
Axis Long Term Equity Fund Growth ₹59.8042
↓ -0.82
₹25,618 500 27.43719.71215.620.5
Mirae Asset Tax Saver Fund Growth ₹24.179
↓ -0.22
₹5,044 500 25.840.923.911.420.421.5
Invesco India Tax Plan Growth ₹65.64
↓ -0.72
₹1,280 500 21.934.220.49.114.719.2
UTI Long Term Equity Fund Growth ₹115.656
↓ -1.19
₹1,558 500 29.240.422.58.613.720.2
ICICI Prudential Long Term Equity Fund (Tax Saving) Growth ₹467.74
↓ -5.64
₹7,277 500 30.537.716.58.612.613.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 15 Jan 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 (15 Jan 21) ₹90.59 ↓ -1.32   (-1.44 %)
Net Assets (Cr) ₹1,333 on 30 Nov 20
Category Equity - ELSS
AMC Canara Robeco Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.32
Sharpe Ratio 0.6
Information Ratio 0.49
Alpha Ratio 9.5
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,996
31 Dec 17₹13,191
31 Dec 18₹13,544
31 Dec 19₹14,999
31 Dec 20₹19,102

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 ₹458,689.
Net Profit of ₹158,689
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 15 Jan 21

DurationReturns
1 Month 8.2%
3 Month 22.4%
6 Month 39.8%
1 Year 30.2%
3 Year 14.2%
5 Year 16.3%
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 191.25 Yr.
Cheenu Gupta12 Mar 182.81 Yr.

Data below for Canara Robeco Equity Tax Saver as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services32.65%
Technology21.24%
Basic Materials10.6%
Consumer Cyclical10.18%
Industrials9.54%
Health Care5.24%
Energy2.95%
Communication Services2.79%
Consumer Defensive1.99%
Asset Allocation
Asset ClassValue
Cash2.82%
Equity97.18%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY
9%₹135 Cr1,074,500
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
9%₹127 Cr2,381,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK
7%₹99 Cr692,184
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 500034
4%₹60 Cr112,450
↓ -6,700
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 20 | LT
3%₹48 Cr375,000
↑ 375,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 19 | RELIANCE
3%₹44 Cr219,500
↓ -25,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
3%₹43 Cr1,550,000
↑ 200,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 20 | HDFC
3%₹42 Cr165,000
↑ 65,000
Asian Paints Ltd (Basic Materials)
Equity, Since 30 Sep 20 | 500820
3%₹37 Cr135,200
↓ -74,800
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS
3%₹37 Cr130,000
↓ -50,000

2. 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 (15 Jan 21) ₹59.8042 ↓ -0.82   (-1.36 %)
Net Assets (Cr) ₹25,618 on 30 Nov 20
Category Equity - ELSS
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 1.72
Sharpe Ratio 0.43
Information Ratio 0.47
Alpha Ratio 3.64
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹9,931
31 Dec 17₹13,649
31 Dec 18₹14,013
31 Dec 19₹16,092
31 Dec 20₹19,393

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 ₹447,579.
Net Profit of ₹147,579
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 15 Jan 21

DurationReturns
1 Month 4%
3 Month 27.4%
6 Month 37%
1 Year 19.7%
3 Year 12%
5 Year 15.6%
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 119.76 Yr.

Data below for Axis Long Term Equity Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services35.73%
Consumer Cyclical13.21%
Consumer Defensive12.18%
Technology11.07%
Health Care8.6%
Basic Materials7.46%
Communication Services6.4%
Utility3.04%
Industrials1.33%
Asset Allocation
Asset ClassValue
Cash0.97%
Equity99.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
9%₹2,524 Cr4,767,001
↓ -300,544
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
7%₹2,020 Cr14,064,035
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 17 | TCS
7%₹1,944 Cr6,791,985
↑ 111,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 May 11 | KOTAKBANK
7%₹1,830 Cr9,169,478
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 540376
7%₹1,819 Cr6,581,351
↑ 809,914
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 May 14 | NAUKRI
6%₹1,739 Cr3,654,111
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFC
6%₹1,565 Cr6,118,288
↑ 150,000
Nestle India Ltd (Consumer Defensive)
Equity, Since 31 Aug 14 | NESTLEIND
5%₹1,493 Cr811,600
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Nov 10 | MARUTI
5%₹1,408 Cr1,840,742
↓ -70,000
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Nov 14 | PIDILITIND
4%₹1,200 Cr6,796,272
↓ -290,000

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 19.1% 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 (15 Jan 21) ₹24.179 ↓ -0.22   (-0.92 %)
Net Assets (Cr) ₹5,044 on 30 Nov 20
Category Equity - ELSS
AMC Mirae Asset Global Inv (India) Pvt. Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 1.63
Sharpe Ratio 0.44
Information Ratio 0.69
Alpha Ratio 5.12
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹11,480
31 Dec 17₹16,977
31 Dec 18₹16,591
31 Dec 19₹18,925
31 Dec 20₹23,001

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 15 Jan 21

DurationReturns
1 Month 7.4%
3 Month 25.8%
6 Month 40.9%
1 Year 23.9%
3 Year 11.4%
5 Year 20.4%
10 Year
15 Year
Since launch 19.1%
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 155.01 Yr.

Data below for Mirae Asset Tax Saver Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services38.7%
Technology11.23%
Consumer Defensive8.57%
Basic Materials8.04%
Health Care7.52%
Consumer Cyclical6.43%
Industrials5.42%
Energy4.68%
Communication Services3.5%
Utility1.66%
Asset Allocation
Asset ClassValue
Cash0.97%
Equity99.02%
Other0.01%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
10%₹533 Cr3,710,722
↑ 80,000
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
7%₹390 Cr3,106,693
↓ -10,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
7%₹381 Cr7,123,912
↑ 187,500
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 532215
5%₹258 Cr4,166,266
↑ 445,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS
4%₹220 Cr768,179
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
3%₹191 Cr3,748,000
Reliance Industries Limited
Equity, Since 30 Jun 20 | -
3%₹180 Cr1,610,338
Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 28 Feb 19 | 500124
3%₹155 Cr298,090
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC
3%₹155 Cr606,263
Max Financial Services Ltd (Financial Services)
Equity, Since 31 Mar 18 | 500271
3%₹145 Cr2,151,203

4. 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 14.3% 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 (15 Jan 21) ₹65.64 ↓ -0.72   (-1.08 %)
Net Assets (Cr) ₹1,280 on 30 Nov 20
Category Equity - ELSS
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.37
Information Ratio -0.15
Alpha Ratio 1.72
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,342
31 Dec 17₹14,039
31 Dec 18₹13,864
31 Dec 19₹15,171
31 Dec 20₹18,078

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 ₹436,710.
Net Profit of ₹136,710
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 15 Jan 21

DurationReturns
1 Month 7.3%
3 Month 21.9%
6 Month 34.2%
1 Year 20.4%
3 Year 9.1%
5 Year 14.7%
10 Year
15 Year
Since launch 14.3%
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 200.33 Yr.
Dhimant Kothari29 Mar 182.76 Yr.

Data below for Invesco India Tax Plan as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services30.62%
Technology18.04%
Consumer Cyclical10.71%
Consumer Defensive7.62%
Industrials6.87%
Basic Materials6.57%
Energy5.7%
Health Care5.55%
Utility3.18%
Communication Services2.9%
Real Estate0.9%
Asset Allocation
Asset ClassValue
Cash1.35%
Equity98.65%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 09 | HDFCBANK
10%₹136 Cr948,078
Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY
10%₹135 Cr1,076,677
↑ 105,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK
8%₹109 Cr2,031,464
↑ 66,661
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 17 | RELIANCE
6%₹79 Cr397,743
↓ -21,877
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | KOTAKBANK
5%₹63 Cr316,379
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Jun 19 | 500696
4%₹61 Cr254,612
L&T Technology Services Ltd (Technology)
Equity, Since 31 Aug 20 | LTTS
3%₹42 Cr179,214
↑ 32,921
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL
3%₹40 Cr787,339
↓ -274,498
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 532215
3%₹40 Cr638,509
↑ 638,509
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 532977
3%₹38 Cr111,023
↑ 29,347

5. UTI Long Term Equity Fund

(Erstwhile UTI Long Term Equity Fund (Tax Saving))

The funds collected under the scheme shall be invested in equities, fully convertible debentures/ bonds and warrants of companies. Investment may also be made in issues of partly convertible debentures/bonds including those issued on rights basis subject to the condition that, as far as possible, the non-convertible portion of the debentures/bonds so acquired or subscribed shall be disinvested within a period of twelve months from their acquisition.

UTI Long Term Equity Fund is a Equity - ELSS fund was launched on 15 Dec 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.7% since its launch.  Ranked 29 in ELSS category.  Return for 2020 was 20.2% , 2019 was 10.4% and 2018 was -6.5% .

Below is the key information for UTI Long Term Equity Fund

UTI Long Term Equity Fund
Growth
Launch Date 15 Dec 99
NAV (15 Jan 21) ₹115.656 ↓ -1.19   (-1.01 %)
Net Assets (Cr) ₹1,558 on 30 Nov 20
Category Equity - ELSS
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.41
Sharpe Ratio 0.42
Information Ratio -0.12
Alpha Ratio 2.98
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,331
31 Dec 17₹13,750
31 Dec 18₹12,861
31 Dec 19₹14,192
31 Dec 20₹17,056

UTI 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 ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for UTI 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 15 Jan 21

DurationReturns
1 Month 7.8%
3 Month 29.2%
6 Month 40.4%
1 Year 22.5%
3 Year 8.6%
5 Year 13.7%
10 Year
15 Year
Since launch 14.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 20.2%
2019 10.4%
2018 -6.5%
2017 33.1%
2016 3.3%
2015 2.6%
2014 40.7%
2013 7.1%
2012 26.9%
2011 -23.4%
Fund Manager information for UTI Long Term Equity Fund
NameSinceTenure
Vetri Subramaniam1 Sep 173.34 Yr.
Vishal Chopda30 Aug 191.34 Yr.

Data below for UTI Long Term Equity Fund as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services31%
Technology14.52%
Consumer Cyclical14.39%
Consumer Defensive8.63%
Basic Materials6.87%
Health Care5.84%
Utility5.13%
Industrials4.95%
Communication Services3.38%
Energy2.03%
Real Estate2.01%
Asset Allocation
Asset ClassValue
Cash1.26%
Equity98.74%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 11 | HDFCBANK
8%₹141 Cr980,857
↓ -9,336
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
7%₹123 Cr980,429
↓ -13,699
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 07 | ICICIBANK
7%₹116 Cr2,174,560
↓ -17,384
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFC
5%₹90 Cr353,136
↓ -3,849
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 10 | 532215
4%₹66 Cr1,063,713
↓ -13,032
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 13 | BHARTIARTL
3%₹56 Cr1,102,677
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
3%₹46 Cr2,184,943
↑ 52,132
Gujarat Gas Ltd (Utilities)
Equity, Since 30 Sep 17 | 539336
2%₹37 Cr988,224
↓ -17,846
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | 500034
2%₹35 Cr65,258
↓ -3,842
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 May 16 | CROMPTON
2%₹34 Cr900,232
↓ -44,341

6. ICICI Prudential Long Term Equity Fund (Tax Saving)

To generate long-term capital appreciation through investments made primarily in equity and equity related securities of companies.

ICICI Prudential Long Term Equity Fund (Tax Saving) is a Equity - ELSS fund was launched on 19 Aug 99. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 19.7% since its launch.  Ranked 30 in ELSS category.  Return for 2020 was 13.6% , 2019 was 8.8% and 2018 was 0.5% .

Below is the key information for ICICI Prudential Long Term Equity Fund (Tax Saving)

ICICI Prudential Long Term Equity Fund (Tax Saving)
Growth
Launch Date 19 Aug 99
NAV (15 Jan 21) ₹467.74 ↓ -5.64   (-1.19 %)
Net Assets (Cr) ₹7,277 on 30 Nov 20
Category Equity - ELSS
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.01
Sharpe Ratio 0.21
Information Ratio -0.18
Alpha Ratio -4.01
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Dec 15₹10,000
31 Dec 16₹10,392
31 Dec 17₹13,094
31 Dec 18₹13,160
31 Dec 19₹14,320
31 Dec 20₹16,268

ICICI Prudential Long Term Equity Fund (Tax Saving) 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 ICICI Prudential Long Term Equity Fund (Tax Saving)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 15 Jan 21

DurationReturns
1 Month 7.8%
3 Month 30.5%
6 Month 37.7%
1 Year 16.5%
3 Year 8.6%
5 Year 12.6%
10 Year
15 Year
Since launch 19.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 13.6%
2019 8.8%
2018 0.5%
2017 26%
2016 3.9%
2015 4.3%
2014 50.8%
2013 10.2%
2012 37.6%
2011 -24%
Fund Manager information for ICICI Prudential Long Term Equity Fund (Tax Saving)
NameSinceTenure
Priyanka Khandelwal15 Jun 173.55 Yr.
Harish Bihani5 Nov 182.16 Yr.

Data below for ICICI Prudential Long Term Equity Fund (Tax Saving) as on 30 Nov 20

Equity Sector Allocation
SectorValue
Financial Services29.99%
Technology15.63%
Consumer Defensive9.72%
Communication Services7.42%
Industrials6.76%
Health Care6.73%
Utility6.27%
Energy5.86%
Basic Materials5.35%
Consumer Cyclical3.88%
Real Estate0.67%
Asset Allocation
Asset ClassValue
Cash1.7%
Equity98.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 17 | HDFCBANK
7%₹544 Cr3,789,252
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | ICICIBANK
7%₹513 Cr9,593,900
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL
6%₹501 Cr9,822,396
↓ -63,086
Infosys Ltd (Technology)
Equity, Since 30 Jun 16 | INFY
6%₹484 Cr3,856,651
↑ 273,120
NTPC Ltd (Utilities)
Equity, Since 31 Jul 17 | 532555
4%₹294 Cr29,614,644
↓ -5,185,072
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 20 | HDFC
4%₹279 Cr1,089,047
HCL Technologies Ltd (Technology)
Equity, Since 31 May 19 | HCLTECH
3%₹245 Cr2,587,282
↑ 1,383,474
Reliance Industries Ltd (Energy)
Equity, Since 31 May 20 | RELIANCE
3%₹243 Cr1,222,205
Hindalco Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | HINDALCO
3%₹211 Cr8,779,419
↓ -304,902
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 17 | ITC
3%₹203 Cr9,716,954
↓ -300,000

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