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6 Best Tax Saving SIP MF Plans to Invest in 2020 | Fincash.com

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6 Best Tax Saving SIP Plans to Invest in 2020

Updated on March 25, 2020 , 4202 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 20 - 21

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2019 (%)
Tata India Tax Savings Fund Growth ₹13.9333
↑ 0.03
₹2,060 500 -28-24.4-22.4-1.23.613.6
IDFC Tax Advantage (ELSS) Fund Growth ₹37.2
↓ -0.12
₹2,060 500 -32.4-31-33.5-6-1.11.9
Aditya Birla Sun Life Tax Relief '96 Growth ₹24.71
↓ -0.02
₹10,073 500 -23.4-18.8-20.9-0.63.14.3
DSP BlackRock Tax Saver Fund Growth ₹36.792
↑ 0.04
₹6,096 500 -28.9-25.9-22.8-2.83.214.8
Principal Tax Savings Fund Growth ₹152.42
↑ 0.04
₹389 500 -26.8-23.7-26.2-4.12.22.5
L&T Tax Advantage Fund Growth ₹39.047
↓ -0.06
₹3,206 500 -29.6-25.9-26.3-4.91.24.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 27 Mar 20

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 6.3% since its launch.  Ranked 1 in ELSS category.  Return for 2019 was 13.6% , 2018 was -8.4% and 2017 was 46% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund
Growth
Launch Date 13 Oct 14
NAV (27 Mar 20) ₹13.9333 ↑ 0.03   (0.19 %)
Net Assets (Cr) ₹2,060 on 29 Feb 20
Category Equity - ELSS
AMC Tata Asset Management Limited
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 0.46
Information Ratio -0.3
Alpha Ratio 0.94
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,762
28 Feb 17₹11,804
28 Feb 18₹14,663
28 Feb 19₹13,985
29 Feb 20₹15,266

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -26.4%
3 Month -28%
6 Month -24.4%
1 Year -22.4%
3 Year -1.2%
5 Year 3.6%
10 Year
15 Year
Since launch 6.3%
Historical performance (Yearly) on absolute basis
YearReturns
2019 13.6%
2018 -8.4%
2017 46%
2016 2.1%
2015 13.3%
2014
2013
2012
2011
2010
Fund Manager information for Tata India Tax Savings Fund
NameSinceTenure
Rupesh Patel1 Apr 154.59 Yr.
Ennette Fernandes18 Jun 181.37 Yr.

Data below for Tata India Tax Savings Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services40.83%
Consumer Cyclical10.91%
Energy9.34%
Technology8.88%
Industrials8.03%
Basic Materials4.57%
Health Care4.13%
Communication Services2.92%
Consumer Defensive2.34%
Real Estate0.84%
Asset Allocation
Asset ClassValue
Cash7.19%
Equity92.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK
9%₹189 Cr3,800,000
State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN
8%₹161 Cr5,325,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK
7%₹151 Cr1,282,000
(A) Treps
CBLO/Reverse Repo | -
6%₹125 Cr
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 17 | HDFC
6%₹123 Cr565,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY
6%₹123 Cr1,680,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
6%₹116 Cr870,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
5%₹105 Cr1,500,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
3%₹60 Cr1,150,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 18 | TCS
3%₹60 Cr300,000

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 12.4% since its launch.  Ranked 3 in ELSS category.  Return for 2019 was 1.9% , 2018 was -9.4% and 2017 was 53.4% .

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

IDFC Tax Advantage (ELSS) Fund
Growth
Launch Date 26 Dec 08
NAV (27 Mar 20) ₹37.2 ↓ -0.12   (-0.32 %)
Net Assets (Cr) ₹2,060 on 29 Feb 20
Category Equity - ELSS
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.22
Sharpe Ratio -0.02
Information Ratio -0.34
Alpha Ratio -2.93
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,258
28 Feb 17₹11,137
28 Feb 18₹14,855
28 Feb 19₹13,177
29 Feb 20₹13,378

IDFC Tax Advantage (ELSS) Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%

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 27 Mar 20

DurationReturns
1 Month -31.8%
3 Month -32.4%
6 Month -31%
1 Year -33.5%
3 Year -6%
5 Year -1.1%
10 Year
15 Year
Since launch 12.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 24%
Fund Manager information for IDFC Tax Advantage (ELSS) Fund
NameSinceTenure
Daylynn Pinto20 Oct 163.2 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services28.56%
Industrials16.82%
Consumer Cyclical12.92%
Basic Materials12.69%
Technology8.21%
Energy5.74%
Health Care4.32%
Consumer Defensive3.15%
Utility1.39%
Communication Services1.21%
Asset Allocation
Asset ClassValue
Cash3.98%
Equity96.02%
Other0%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
8%₹159 Cr3,200,000
Triparty Repo
CBLO/Reverse Repo | -
4%₹85 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
4%₹83 Cr625,000
↑ 25,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
4%₹82 Cr1,125,000
State Bank of India (Financial Services)
Equity, Since 31 Oct 18 | SBIN
4%₹82 Cr2,700,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
4%₹80 Cr680,000
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | 532215
3%₹70 Cr1,000,000
RBL Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | RBLBANK
3%₹54 Cr1,850,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | 506401
2%₹51 Cr1,110,000
↓ -70,000
KEC International Ltd (Industrials)
Equity, Since 30 Sep 15 | 532714
2%₹51 Cr1,650,000

3. 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 7.8% since its launch.  Ranked 4 in ELSS category.  Return for 2019 was 4.3% , 2018 was -4.5% and 2017 was 43.2% .

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 (27 Mar 20) ₹24.71 ↓ -0.02   (-0.08 %)
Net Assets (Cr) ₹10,073 on 29 Feb 20
Category Equity - ELSS
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.17
Sharpe Ratio 0.17
Information Ratio 0.12
Alpha Ratio 0.23
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,696
28 Feb 17₹11,108
28 Feb 18₹14,197
28 Feb 19₹13,725
29 Feb 20₹14,366

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -23%
3 Month -23.4%
6 Month -18.8%
1 Year -20.9%
3 Year -0.6%
5 Year 3.1%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 4.3%
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%
Fund Manager information for Aditya Birla Sun Life Tax Relief '96
NameSinceTenure
Ajay Garg1 Oct 0613.26 Yr.

Data below for Aditya Birla Sun Life Tax Relief '96 as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services23.84%
Health Care15.57%
Industrials14.4%
Basic Materials12.68%
Consumer Cyclical10.79%
Energy8.26%
Consumer Defensive7.33%
Technology5.43%
Asset Allocation
Asset ClassValue
Cash1.77%
Equity98.23%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 08 | RELIANCE
8%₹851 Cr6,028,079
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
8%₹850 Cr3,522,583
Honeywell Automation India Ltd (Industrials)
Equity, Since 30 Jun 08 | 517174
8%₹819 Cr292,357
Pfizer Ltd (Healthcare)
Equity, Since 30 Apr 11 | PFIZER
7%₹707 Cr1,705,226
↑ 22,628
GlaxoSmithKline Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Mar 10 | 500660
6%₹590 Cr3,545,290
↑ 132,763
Gillette India Ltd (Consumer Defensive)
Equity, Since 30 Jun 14 | GILLETTE
5%₹549 Cr879,261
Bayer CropScience Ltd (Basic Materials)
Equity, Since 31 Aug 11 | 506285
5%₹512 Cr1,239,841
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹444 Cr2,626,017
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 08 | LT
4%₹415 Cr3,027,803
↑ 100,725
Johnson Controls - Hitachi Air Conditioning India Ltd (Technology)
Equity, Since 28 Feb 15 | 523398
3%₹306 Cr1,268,198

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 10.4% since its launch.  Ranked 12 in ELSS category.  Return for 2019 was 14.8% , 2018 was -7.6% and 2017 was 36.3% .

Below is the key information for DSP BlackRock Tax Saver Fund

DSP BlackRock Tax Saver Fund
Growth
Launch Date 18 Jan 07
NAV (27 Mar 20) ₹36.792 ↑ 0.04   (0.11 %)
Net Assets (Cr) ₹6,096 on 29 Feb 20
Category Equity - ELSS
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.11
Sharpe Ratio 0.62
Information Ratio 0.07
Alpha Ratio 6.72
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,574
28 Feb 17₹12,141
28 Feb 18₹14,249
28 Feb 19₹13,625
29 Feb 20₹15,190

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 ₹331,978.
Net Profit of ₹31,978
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 27 Mar 20

DurationReturns
1 Month -27.5%
3 Month -28.9%
6 Month -25.9%
1 Year -22.8%
3 Year -2.8%
5 Year 3.2%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2010 23.3%
Fund Manager information for DSP BlackRock Tax Saver Fund
NameSinceTenure
Rohit Singhania16 Jul 154.46 Yr.

Data below for DSP BlackRock Tax Saver Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services28.25%
Basic Materials10.21%
Consumer Cyclical9.58%
Energy9.23%
Industrials8.17%
Technology7.03%
Health Care6.82%
Communication Services6.57%
Utility4.89%
Consumer Defensive4.6%
Real Estate1.45%
Asset Allocation
Asset ClassValue
Cash3.2%
Equity96.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
7%₹473 Cr8,989,466
↑ 717,008
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
7%₹435 Cr3,545,249
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL
6%₹353 Cr7,105,725
↑ 638,291
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 532215
5%₹317 Cr4,343,049
↑ 291,760
Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY
4%₹286 Cr3,685,639
↓ -295,570
Reliance Industries Ltd (Energy)
Equity, Since 31 May 15 | RELIANCE
4%₹233 Cr1,652,795
State Bank of India (Financial Services)
Equity, Since 30 Sep 19 | SBIN
3%₹196 Cr6,161,541
↓ -1,869,239
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO
3%₹175 Cr397,237
↑ 52,943
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 19 | 500547
2%₹145 Cr3,162,904
↑ 246,670
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | CROMPTON
2%₹143 Cr5,035,792

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 14% since its launch.  Ranked 8 in ELSS category.  Return for 2019 was 2.5% , 2018 was -9.2% and 2017 was 48.8% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund
Growth
Launch Date 31 Mar 96
NAV (27 Mar 20) ₹152.42 ↑ 0.04   (0.03 %)
Net Assets (Cr) ₹389 on 29 Feb 20
Category Equity - ELSS
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.61
Sharpe Ratio -0.02
Information Ratio -0.42
Alpha Ratio -2.16
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,116
28 Feb 17₹11,603
28 Feb 18₹14,896
28 Feb 19₹13,427
29 Feb 20₹13,701

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 ₹323,701.
Net Profit of ₹23,701
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 27 Mar 20

DurationReturns
1 Month -25.3%
3 Month -26.8%
6 Month -23.7%
1 Year -26.2%
3 Year -4.1%
5 Year 2.2%
10 Year
15 Year
Since launch 14%
Historical performance (Yearly) on absolute basis
YearReturns
2019 2.5%
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%
Fund Manager information for Principal Tax Savings Fund
NameSinceTenure
Sudhir Kedia29 Oct 190.17 Yr.

Data below for Principal Tax Savings Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services34.49%
Consumer Defensive11.95%
Industrials9.05%
Technology8.07%
Consumer Cyclical7.82%
Energy7.32%
Basic Materials6.57%
Health Care5.54%
Utility4.52%
Communication Services1.87%
Asset Allocation
Asset ClassValue
Cash2.72%
Equity97.28%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
8%₹30 Cr255,638
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹27 Cr536,104
↑ 9,956
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
6%₹22 Cr168,133
↑ 7,827
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT
4%₹17 Cr144,140
↑ 15,670
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
4%₹15 Cr203,883
↓ -27,015
Treps 02-Mar-2020
CBLO/Reverse Repo | -
4%₹14 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
4%₹14 Cr84,915
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
3%₹13 Cr445,461
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
3%₹13 Cr61,980
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹12 Cr60,516

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 10.2% since its launch.  Ranked 7 in ELSS category.  Return for 2019 was 4.6% , 2018 was -8.1% and 2017 was 42.3% .

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

L&T Tax Advantage Fund
Growth
Launch Date 27 Feb 06
NAV (27 Mar 20) ₹39.047 ↓ -0.06   (-0.15 %)
Net Assets (Cr) ₹3,206 on 29 Feb 20
Category Equity - ELSS
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio 0.26
Information Ratio -0.56
Alpha Ratio 1.42
Min Investment 500
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
28 Feb 15₹10,000
29 Feb 16₹8,492
28 Feb 17₹11,758
28 Feb 18₹14,784
28 Feb 19₹13,116
29 Feb 20₹13,911

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 ₹315,615.
Net Profit of ₹15,615
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 27 Mar 20

DurationReturns
1 Month -28.6%
3 Month -29.6%
6 Month -25.9%
1 Year -26.3%
3 Year -4.9%
5 Year 1.2%
10 Year
15 Year
Since launch 10.2%
Historical performance (Yearly) on absolute basis
YearReturns
2019 4.6%
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%
Fund Manager information for L&T Tax Advantage Fund
NameSinceTenure
Venugopal Manghat17 Dec 190.04 Yr.
Vihang Naik17 Dec 190.04 Yr.

Data below for L&T Tax Advantage Fund as on 29 Feb 20

Equity Sector Allocation
SectorValue
Financial Services34.92%
Basic Materials12.47%
Technology11.14%
Health Care10.31%
Consumer Cyclical9.73%
Industrials8.01%
Energy4.27%
Consumer Defensive3.69%
Communication Services3.5%
Asset Allocation
Asset ClassValue
Cash1.57%
Equity97.76%
Other0.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK
7%₹228 Cr4,329,000
↓ -655,600
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK
5%₹180 Cr1,470,500
↓ -281,300
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | KOTAKBANK
4%₹141 Cr834,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 09 | TCS
4%₹132 Cr635,000
↓ -112,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹120 Cr853,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
4%₹119 Cr2,403,800
↑ 189,600
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 06 | LT
3%₹117 Cr853,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY
3%₹106 Cr1,370,200
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 17 | HCLTECH
3%₹104 Cr1,758,400
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 17 | HDFC
3%₹96 Cr399,000

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