Category: Equity: ELSS |
Launch Date: 01-11-2005 |
Asset Class: Equity |
Benchmark: NIFTY 500 TRI |
TER: 1.79% As on (29-02-2024) |
Status: Open Ended Schemes |
Minimum Investment: 500.0 |
Minimum Topup: 500.0 |
Total Assets: 5,050.36 Cr As on (29-02-2024) |
Turn over: 28.33% | Exit Load: Nil |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
The scheme aims to generate long-term capital appreciation from a diversified portfolio ofequity and equity related securities and enable investors to avail the income tax rebate, as per the prevailing tax laws.
Standard Deviation | 11.37 |
Sharpe Ratio | 1.22 |
Alpha | 2.61 |
Beta | 0.82 |
Yield to Maturity | - |
Average Maturity | - |
Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
---|---|---|---|---|---|---|
Kotak ELSS Tax Saver Fund Growth | 01-11-2005 | 35.22 | 18.16 | 19.84 | 18.12 | 17.71 |
SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 56.08 | 29.58 | 26.46 | 20.6 | 17.04 |
Quant ELSS Tax Saver Fund - Growth Option - Regular Plan | 01-04-2000 | 52.88 | 25.83 | 30.74 | 30.17 | 25.45 |
BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 51.43 | 22.83 | 23.45 | 24.15 | 18.65 |
ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 48.43 | 23.23 | 16.94 | - | - |
Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 46.35 | 24.4 | 21.37 | 17.76 | - |
HDFC ELSS Tax saver - Growth Plan | 05-03-1996 | 44.56 | 25.54 | 25.77 | 17.12 | 15.85 |
Franklin India ELSS Tax Saver Fund-Growth | 05-04-1999 | 43.14 | 21.3 | 21.21 | 16.95 | 16.56 |
WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth | 14-10-2022 | 41.59 | - | - | - | - |
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option | 05-09-2005 | 40.15 | 19.05 | 20.39 | 14.27 | 15.01 |
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Small Cap
11.75%
Others
0.79%
Large Cap
63.84%
Mid Cap
23.62%
There are no scheme documents available
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund