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Impossible Aspirations

Impossible Aspirations

This table shows the state of affairs of the tax saving funds.



Impossible Aspirations
Returns (%)
Name AAUM* (Rs cr) 2008 YTD# To break-even tomorrow ~ Best 1 Year To Break Even in 2009^
Magnum Taxgain 3694 -54.86 54.02 44.35 371.36 122.33
Reliance Tax Saver 1684 -52.35 47.54 43.66 59.90 111.95
HDFC Taxsaver 1363 -51.55 48.92 39.54 272.59 107.80
Fidelity Tax Advantage 880 -50.09 48.18 35.59 68.35 100.91
Sundaram BNP Paribas Taxsaver 847 -47.58 44.85 32.85 112.20 92.42
Birla Sun Life Tax Relief 96 740 -62.67 62.10 66.19 387.28 169.39
ICICI Prudential Tax Plan 688 -56.03 54.36 48.68 154.92 129.49
HDFC LT Advantage 653 -52.39 48.34 42.36 148.61 111.17
Franklin India Taxshield 535 -49.22 45.08 35.95 214.23 97.24
DSPBR Tax Saver 488 -56.68 47.05 61.00 55.88 136.74
Kotak Tax Saver 389 -59.38 48.71 66.71 79.55 147.92
UTI Equity Tax Savings 349 -54.67 43.93 54.27 117.49 122.03
HSBC Tax Saver Equity 227 -51.69 45.62 43.32 47.85 108.70
Principal Tax Savings 202 -64.80 33.90 113.55 128.82 185.93
Birla Sun Life Tax Plan 122 -57.69 53.99 55.05 287.34 138.76
Tata Tax Saving 121 -55.17 48.57 51.93 348.47 125.73
Fortis Tax Advantage Plan 77 -65.56 40.78 108.31 65.82 193.26
Religare Tax Plan 70 -49.51 39.64 42.88 66.08 99.52
DWS Tax Saving 61 -58.08 41.96 70.98 78.73 142.73
Canara Robeco Equity Tax Saver 39 -46.85 53.52 23.04 171.77 88.89
LICMF Tax Plan 36 -56.87 49.93 56.32 132.55 134.38
ING Tax Savings 35 -64.98 59.30 81.89 114.06 189.75
DBS Chola Tax Saver 25 -58.24 60.67 50.64 53.71 142.04
Taurus Tax Shield 19 -54.23 70.24 30.40 170.10 122.00
Baroda Pioneer ELSS 96 11 -57.15 51.05 56.77 140.15 136.81
Sahara Tax Gain 6 -49.56 54.70 30.01 294.09 101.12
Escorts Tax Plan 4 -60.13 33.92 89.60 127.51 153.92
Franklin India Index Tax 2 -51.44 52.80 34.90 100.90 106.13
Category Average -55.34 49.42 129.25
*As of May 31, 2009
#Till June 4, 2009
"~" To Break even the funds need to turn in this much more
^If the funds breakeven in 2009, this will be their return for 2009