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2 star

Indiabulls Tax Savings Fund - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.78 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.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 19.35 -0.67 0.53 -3.84 0.00 10.13 25.57 12.74 -- -- --
S&P BSE 500 TRI 30.36 -0.80 1.01 -2.82 0.68 11.49 37.96 19.12 -- -- --
Equity: ELSS 30.18 -0.65 0.89 -3.16 0.68 12.19 37.51 18.09 -- -- --
Rank within category 36 18 32 25 23 32 35 32 -- -- --
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 03-Dec-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 25.57 12.74 -- 2.25% 51
Axis Long Term Equity Fund
4 star
Dec-09 33.43 20.49 19.35 1.58% 34,235
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 40.94 23.05 21.88 1.70% 10,146
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 42.06 21.39 17.31 1.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 52.37 20.88 19.49 1.94% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 70.67 23-Mar-2020 - 23-Mar-2021 -28.87 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.78 19.62 0.51 0.55 0.88 -4.11
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: ELSS 18.76 21.47 0.70 0.75 0.95 -0.21
Rank within category 32 4 32 31 8 32
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 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 45
Top 10 Stocks (%) 46.77
Top 5 Stocks (%) 29.65
Top 3 Sectors (%) 60.08
Portfolio P/B Ratio 2.96
Portfolio P/E Ratio 27.44

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,41,233 1,36,970
Giant (%) 72.29 53.06
Large (%) 9.59 14.68
Mid (%) 15.74 25.08
Small (%) 2.38 7.34
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Indiabulls Nifty 50 Exchange Traded Fund-G Financial -- 11.02
up HDFC Bank Financial 24.50 10.33 4.72 6.81
equal ICICI Bank Financial 23.44 7.21 2.13 6.28
down Reliance Industries Energy 31.17 8.79 3.92 5.75
equal Infosys Technology 34.93 5.71 0.00 5.71
equal Larsen & Toubro Construction 28.92 5.17 2.81 5.10
equal Bank of India Financial 8.87 5.00 0.00 4.66
equal State Bank of India Financial 14.74 3.93 0.60 3.93
equal Ultratech Cement Construction 33.27 3.56 1.00 2.99
equal Tata Consultancy Services Technology 36.81 5.24 0.00 2.92
equal Kotak Mahindra Bank Financial 38.01 4.94 0.70 2.62
equal Hindustan Unilever FMCG 65.71 3.41 1.61 2.36
equal Oracle Fin Ser Software Technology 19.33 2.40 0.00 2.34
equal SBI Life Insurance Company Insurance 94.36 2.41 1.31 2.24
down ITC FMCG 19.14 3.16 0.00 2.18
equal Bharti Airtel Communication 139.49 3.52 0.00 2.17
new Indraprastha Gas Energy 24.35 2.04 0.00 2.04
equal Titan Company Consumer Durable 120.35 2.41 0.00 1.75
up Ambuja Cements Construction 23.22 1.66 0.00 1.66
down Birla Corporation Construction 16.62 2.09 0.00 1.55
down Tata Steel Metals 4.38 2.51 0.00 1.54
equal Axis Bank Financial 20.63 4.13 1.38 1.45
down HCL Technologies Technology 27.55 4.83 1.41 1.41
new Sun Pharmaceutical Industries Healthcare 29.00 1.40 0.00 1.40
down ICICI Lombard General Insurance Company Insurance 56.55 2.42 1.26 1.39

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-Oct-2021

Fund Manager

— Sumit Bhatnagar since 05-May-2021

Education: Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).

Experience: Prior to joining Indiabulls Mutual Fund he has worked with SEBI.

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:


-0.67%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 13.2600

IDCW: ₹ 13.2600


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
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Indiabulls Mutual Fund
Launch Date: 28-Dec-2017
Return Since Launch: 7.44%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 51 Cr (As on 31-Oct-2021)
Expense: 2.25% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 55.00%

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

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