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5 Best ELSS Mutual Funds Investments in India for 2021
Best elss Funds or Equity Linked Savings Schemes are equity diversified Mutual Funds that majorly invest in equity-linked instruments (like shares and stocks) to provide market-linked returns. Typically, 80% of the fund corpus is invested in equity and the remaining in debt instruments. Best ELSS funds are also known as the tax saving Mutual Funds as they offer tax benefits under Section 80C of the income tax Act & have lock-in of 3 Years on investments.
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Top 5 Best Performing ELSS Mutual Funds 2021 - 2022
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 Below is the key information for Mirae Asset Tax Saver Fund Returns up to 1 year are on (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 Below is the key information for Canara Robeco Equity Tax Saver Returns up to 1 year are on 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 Below is the key information for BOI AXA Tax Advantage Fund Returns up to 1 year are on 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 Below is the key information for DSP BlackRock Tax Saver Fund Returns up to 1 year are on The investment objective of the scheme is to generate longterm capital appreciation from a diversified portfolio of equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time. Kotak Tax Saver Fund is a Equity - ELSS fund was launched on 23 Nov 05. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Tax Saver Fund Returns up to 1 year are on Assets >= 100 Crore & Sorted on 3 Year CAGR Return.
1. Mirae Asset Tax Saver Fund
CAGR/Annualized return of 20.7% since its launch. Return for 2020 was 21.5% , 2019 was 14.1% and 2018 was -2.3% . Mirae Asset Tax Saver Fund
Growth Launch Date 28 Dec 15 NAV (27 Jul 21) ₹28.582 ↓ -0.13 (-0.46 %) Net Assets (Cr) ₹8,338 on 30 Jun 21 Category Equity - ELSS AMC Mirae Asset Global Inv (India) Pvt. Ltd Rating Risk Moderately High Expense Ratio 1.63 Sharpe Ratio 3.77 Information Ratio 1.8 Alpha Ratio 11.62 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹13,494 30 Jun 18 ₹14,875 30 Jun 19 ₹16,692 30 Jun 20 ₹15,477 30 Jun 21 ₹26,023 Returns for Mirae Asset Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jul 21 Duration Returns 1 Month 1.1% 3 Month 11.9% 6 Month 22.2% 1 Year 60.4% 3 Year 19.6% 5 Year 20.2% 10 Year 15 Year Since launch 20.7% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Neelesh Surana 28 Dec 15 5.51 Yr. Data below for Mirae Asset Tax Saver Fund as on 30 Jun 21
Equity Sector Allocation
Sector Value Financial Services 39.43% Technology 11.56% Basic Materials 11.26% Consumer Cyclical 8.53% Health Care 6.64% Industrials 6.53% Consumer Defensive 4.76% Communication Services 3.74% Utility 1.89% Energy 1.62% Asset Allocation
Asset Class Value Cash 0.4% Equity 99.59% Debt 0.01% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK8% ₹702 Cr 4,684,722
↑ 430,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK7% ₹589 Cr 9,338,912
↑ 740,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY7% ₹565 Cr 3,571,693 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 18 | 5322155% ₹397 Cr 5,311,266
↑ 375,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Dec 15 | TCS4% ₹314 Cr 939,826
↓ -20,000 Reliance Industries Limited
Equity, Since 30 Jun 21 | -4% ₹302 Cr 2,033,304
↑ 2,033,304 State Bank of India (Financial Services)
Equity, Since 31 Dec 15 | SBIN4% ₹301 Cr 7,183,799
↑ 450,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL3% ₹227 Cr 4,318,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 17 | HDFC3% ₹213 Cr 861,263
↑ 125,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | KOTAKBANK2% ₹206 Cr 1,207,227
↑ 430,000 2. Canara Robeco Equity Tax Saver
CAGR/Annualized return of 20.9% since its launch. Ranked 36 in ELSS category. Return for 2020 was 27.4% , 2019 was 10.7% and 2018 was 2.7% . Canara Robeco Equity Tax Saver
Growth Launch Date 2 Feb 09 NAV (27 Jul 21) ₹106.56 ↓ -0.56 (-0.52 %) Net Assets (Cr) ₹2,343 on 30 Jun 21 Category Equity - ELSS AMC Canara Robeco Asset Management Co. Ltd. Rating ☆ Risk Moderately High Expense Ratio 2.32 Sharpe Ratio 3.87 Information Ratio 0.86 Alpha Ratio 15.26 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹11,830 30 Jun 18 ₹13,070 30 Jun 19 ₹14,755 30 Jun 20 ₹13,804 30 Jun 21 ₹22,789 Returns for Canara Robeco Equity Tax Saver
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jul 21 Duration Returns 1 Month 2.2% 3 Month 12.8% 6 Month 20.8% 1 Year 56.5% 3 Year 19.3% 5 Year 17.6% 10 Year 15 Year Since launch 20.9% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Vishal Mishra 26 Jun 21 0.01 Yr. Shridatta Bhandwaldar 1 Oct 19 1.75 Yr. Data below for Canara Robeco Equity Tax Saver as on 30 Jun 21
Equity Sector Allocation
Sector Value Financial Services 31.53% Technology 17.02% Industrials 12.65% Consumer Cyclical 11.48% Basic Materials 9.28% Health Care 5.83% Consumer Defensive 4.22% Communication Services 2.34% Energy 1.9% Utility 1.03% Asset Allocation
Asset Class Value Cash 2.71% Equity 97.29% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 Jul 18 | INFY9% ₹222 Cr 1,406,310 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 08 | HDFCBANK8% ₹186 Cr 1,242,184
↑ 50,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK7% ₹158 Cr 2,506,000 Larsen & Toubro Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Dec 20 | LT4% ₹102 Cr 680,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 20 | TCS4% ₹97 Cr 288,815 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 19 | 5000343% ₹80 Cr 132,450 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 20 | HDFC3% ₹74 Cr 297,500 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 5322153% ₹69 Cr 928,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN3% ₹63 Cr 1,500,000
↑ 125,000 Motherson Sumi Systems Ltd Shs Dematerialised (Consumer Cyclical)
Equity, Since 31 Mar 21 | MOTHERSUMI2% ₹45 Cr 1,843,334
↓ -41,666 3. BOI AXA Tax Advantage Fund
CAGR/Annualized return of 19.7% since its launch. Ranked 13 in ELSS category. Return for 2020 was 31.2% , 2019 was 14.6% and 2018 was -16.3% . BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (27 Jul 21) ₹93.68 ↓ -0.51 (-0.54 %) Net Assets (Cr) ₹473 on 30 Jun 21 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.67 Sharpe Ratio 4.53 Information Ratio 0.44 Alpha Ratio 20.48 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹12,118 30 Jun 18 ₹14,241 30 Jun 19 ₹13,638 30 Jun 20 ₹13,699 30 Jun 21 ₹23,962 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jul 21 Duration Returns 1 Month 5.2% 3 Month 15.3% 6 Month 29.7% 1 Year 68.6% 3 Year 18.9% 5 Year 18.8% 10 Year 15 Year Since launch 19.7% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Aakash Manghani 15 Jul 19 1.96 Yr. Data below for BOI AXA Tax Advantage Fund as on 30 Jun 21
Equity Sector Allocation
Sector Value Financial Services 25.11% Basic Materials 20.77% Technology 15.18% Health Care 14.52% Consumer Cyclical 9.44% Industrials 4.39% Communication Services 3.02% Consumer Defensive 2.97% Energy 2.12% Utility 1.43% Asset Allocation
Asset Class Value Cash 1.05% Equity 98.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹25 Cr 164,150
↓ -9,336 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK4% ₹21 Cr 331,176 Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY4% ₹19 Cr 118,505 Laurus Labs Ltd (Healthcare)
Equity, Since 30 Jun 20 | 5402224% ₹18 Cr 266,350
↓ -12,000 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 18 | DIVISLAB4% ₹17 Cr 38,259 PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 18 | PIIND3% ₹15 Cr 51,325 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Jul 19 | 5325043% ₹12 Cr 32,992
↓ -1,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 18 | 5000342% ₹12 Cr 19,449
↑ 950 Coforge Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jul 20 | 5325412% ₹11 Cr 27,640
↑ 1,198 Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Nov 18 | RELIANCE2% ₹10 Cr 47,566
↑ 1,200 4. DSP BlackRock Tax Saver Fund
CAGR/Annualized return of 15% since its launch. Ranked 12 in ELSS category. Return for 2020 was 15% , 2019 was 14.8% and 2018 was -7.6% . DSP BlackRock Tax Saver Fund
Growth Launch Date 18 Jan 07 NAV (27 Jul 21) ₹76.436 ↓ -0.09 (-0.12 %) Net Assets (Cr) ₹8,963 on 30 Jun 21 Category Equity - ELSS AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 3.41 Information Ratio 1.23 Alpha Ratio 4.33 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹12,216 30 Jun 18 ₹12,844 30 Jun 19 ₹14,231 30 Jun 20 ₹13,001 30 Jun 21 ₹21,444 Returns for DSP BlackRock Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jul 21 Duration Returns 1 Month 3.3% 3 Month 15.6% 6 Month 27.3% 1 Year 62.4% 3 Year 17.8% 5 Year 16% 10 Year 15 Year Since launch 15% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Rohit Singhania 16 Jul 15 5.96 Yr. Charanjit Singh 1 Jan 21 0.5 Yr. Data below for DSP BlackRock Tax Saver Fund as on 30 Jun 21
Equity Sector Allocation
Sector Value Financial Services 38.6% Basic Materials 12.19% Technology 10.63% Consumer Cyclical 9.13% Industrials 8.44% Health Care 6.42% Utility 4.93% Communication Services 3.54% Energy 2.92% Consumer Defensive 2.13% Asset Allocation
Asset Class Value Cash 1.07% Equity 98.92% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 Mar 12 | INFY9% ₹799 Cr 5,056,129
↓ -349,113 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK8% ₹736 Cr 11,659,184
↑ 140,498 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK6% ₹580 Cr 3,873,109
↑ 88,703 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN5% ₹457 Cr 10,908,502
↑ 208,883 Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 18 | 5322154% ₹374 Cr 5,003,320
↑ 120,477 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Dec 20 | TATASTEEL4% ₹342 Cr 2,933,059 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jul 19 | BHARTIARTL4% ₹317 Cr 6,032,398 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | 5001242% ₹204 Cr 375,535 Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | CROMPTON2% ₹191 Cr 4,386,588 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 14 | ULTRACEMCO2% ₹181 Cr 266,775 5. Kotak Tax Saver Fund
CAGR/Annualized return of 12.8% since its launch. Ranked 19 in ELSS category. Return for 2020 was 14.9% , 2019 was 12.7% and 2018 was -3.8% . Kotak Tax Saver Fund
Growth Launch Date 23 Nov 05 NAV (27 Jul 21) ₹65.855 ↓ -0.43 (-0.65 %) Net Assets (Cr) ₹2,073 on 30 Jun 21 Category Equity - ELSS AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.34 Sharpe Ratio 4.22 Information Ratio 0.53 Alpha Ratio 11.94 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 30 Jun 16 ₹10,000 30 Jun 17 ₹12,392 30 Jun 18 ₹12,898 30 Jun 19 ₹14,617 30 Jun 20 ₹13,131 30 Jun 21 ₹20,796 Returns for Kotak Tax Saver Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jul 21 Duration Returns 1 Month 1% 3 Month 10.3% 6 Month 20.8% 1 Year 53.1% 3 Year 15.9% 5 Year 14.8% 10 Year 15 Year Since launch 12.8% Historical performance (Yearly) on absolute basis
Year Returns 2020 14.9% 2019 12.7% 2018 -3.8% 2017 33.8% 2016 7.5% 2015 1.5% 2014 56.6% 2013 -6.3% 2012 36.2% 2011 -26% Fund Manager information for Kotak Tax Saver Fund
Name Since Tenure Harsha Upadhyaya 25 Aug 15 5.85 Yr. Data below for Kotak Tax Saver Fund as on 30 Jun 21
Equity Sector Allocation
Sector Value Financial Services 22.97% Basic Materials 18.48% Industrials 18.17% Technology 10.79% Consumer Cyclical 9.91% Health Care 6.93% Utility 4% Energy 3.06% Communication Services 2.03% Consumer Defensive 1.49% Asset Allocation
Asset Class Value Cash 2.17% Equity 97.82% Other 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK8% ₹158 Cr 2,500,000 Infosys Ltd (Technology)
Equity, Since 31 Dec 05 | INFY6% ₹126 Cr 800,000 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN5% ₹99 Cr 2,350,000
↑ 250,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK4% ₹82 Cr 550,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS4% ₹75 Cr 225,000 SRF Ltd (Basic Materials)
Equity, Since 30 Apr 16 | SRF4% ₹73 Cr 100,000 Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 30 Jun 06 | RELIANCE3% ₹63 Cr 300,000 Gujarat Gas Ltd (Utilities)
Equity, Since 30 Apr 19 | 5393363% ₹56 Cr 850,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | 5322153% ₹54 Cr 725,000 Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 28 Feb 18 | 5322863% ₹54 Cr 1,350,000
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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