VR Logo

2 star

Indiabulls Tax Savings Fund - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.28 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.63 -1.58 -1.41 3.33 16.34 23.81 11.24 2.34 -- -- --
S&P BSE 500 TRI 3.00 -1.33 -0.64 7.17 21.97 31.84 20.97 8.13 -- -- --
Equity: ELSS 2.73 -1.23 -1.06 6.81 20.42 29.73 18.06 5.78 -- -- --
Rank within category 37 36 32 38 35 37 31 32 -- -- --
Number of funds in category 38 38 38 38 38 38 38 35 33 29 27

As on 22-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Indiabulls Tax Savings Fund - Regular Plan
2 star
Dec-17 11.24 2.34 -- 2.25 79
Axis Long Term Equity Fund
4 star
Dec-09 20.83 11.39 15.76 1.62 27,181
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 17.42 7.48 15.31 1.85 7,425
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 25.01 11.24 20.53 1.86 5,489
Tata India Tax Savings Fund  | Invest Online
4 star
Mar-96 15.01 5.88 14.12 2.04 2,481

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.16 (24-Mar-2020 - 31-Mar-2020) -16.82 (11-Mar-2020 - 18-Mar-2020)
Month 17.33 (23-Mar-2020 - 22-Apr-2020) -33.56 (20-Feb-2020 - 23-Mar-2020)
Quarter 26.52 (23-Mar-2020 - 22-Jun-2020) -33.56 (23-Dec-2019 - 23-Mar-2020)
Year 14.75 (30-Oct-2018 - 30-Oct-2019) -28.87 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.60 20.78 0.04 0.05 0.90 -4.39
S&P BSE 500 TRI 10.60 22.83 0.26 0.30 -- --
Equity: ELSS 7.85 22.37 0.14 0.16 0.95 -2.47
Rank within category 29 5 28 28 7 26
Number of funds in category 35 35 35 35 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 40
Top 10 Stocks (%) 45.82
Top 5 Stocks (%) 29.31
Top 3 Sectors (%) 61.14
Portfolio P/B Ratio 3.70
Portfolio P/E Ratio 32.07

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,87,460 1,14,833
Giant (%) 67.26 51.95
Large (%) 16.79 15.52
Mid (%) 15.95 24.52
Small (%) -- 8.19
Tiny (%) -- 0.18

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 25.92 10.33 4.48 10.33
equal Indiabulls Nifty 50 Exchange Traded Fund Reg-G Financial -- 5.78
equal ICICI Bank Financial 26.46 7.21 0.00 5.73
equal Reliance Industries Energy 32.81 8.79 3.92 4.79
down HCL Technologies Technology 20.24 4.83 1.98 4.60
equal Infosys Technology 30.70 4.10 0.00 3.86
equal Divi's Laboratories Healthcare 53.49 3.49 0.00 3.49
equal Nestle India FMCG 81.80 3.74 2.40 3.48
equal Tata Consultancy Services Technology 39.69 3.23 0.00 3.23
down Axis Bank Financial 55.59 3.64 0.00 3.16
down Yes Bank Financial -- 7.45 0.00 3.15
down Larsen & Toubro Construction 16.83 5.08 2.81 2.96
equal Bajaj Finance Financial 74.44 3.42 0.00 2.53
down Ultratech Cement Construction 26.67 3.56 0.00 2.34
equal Hindustan Unilever FMCG 80.69 2.65 0.00 2.28
equal Indiabulls Housing Finance Financial 7.61 2.80 0.00 2.19
down Titan Company Cons Durable 187.67 2.24 0.00 2.18
equal ICICI Lombard General Insurance Company Financial 46.29 2.11 0.00 2.11
equal Asian Paints Chemicals 90.61 3.11 0.00 2.09
equal Bharti Airtel Communication -- 2.07 0.00 2.07
equal SBI Life Insurance Company Financial 59.26 2.08 0.00 2.06
equal Pidilite Industries Chemicals 99.90 2.01 0.00 2.01
equal PI Industries Chemicals 54.96 1.94 0.00 1.94
equal Bata India FMCG -- 1.67 0.00 1.67
equal Sanofi India Healthcare 42.98 1.63 0.00 1.58

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2020

Fund Manager

— Rajeev Desai since 13-May-2020

Education: Mr. Desai has done PGDBM (Finance) and B.E. (Mech).

Experience: Prior to joining Indiabulls Mutual Fund, he has worked with Systematix Shares & Stocks (I) Ltd, IFCI Financial Services Ltd., IDFC Securities Ltd. (earlier IDFC SSKI Securities Ltd.), Batliboi Ltd., Blue Star Ltd., Contec Airflow India Pvt. Ltd.

Funds Managed:

— Karan Singh since 30-May-2020

Education: Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1

Experience: Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.

Funds Managed:


-1.58%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 11.1800

Dividend: ₹ 11.1800


Investment Strategy

The Scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The scheme shall offer tax benefits under Section 80C of the Income Tax Act.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: Indiabulls Mutual Fund
Launch Date: 28-Dec-2017
Return Since Launch: 3.70%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 79 Cr (As on 31-Dec-2020)
Expense: 2.25% (As on 30-Nov-2020)
Risk Grade: Average
Return Grade: Below Average
Turnover: 32.00%

Contact Information

AMC: Indiabulls Asset Management Company Ltd.

Address: Indiabulls Finance Centre - 11th Floor, Elphinstone Mills, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400013

Phone: 022-61891300 / 1800-2666-002

Email: [email protected]

Website: http://www.indiabullsamc.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Understanding the new risk-o-meter

dateFriday, 29-Jan-2021
time12:30 PM - 01:00 PM