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11 Best Tax Saving ELSS Mutual Funds 2025
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 and help save direct tax on Income. Typically, 80% of the fund corpus is invested in equity and the remaining in debt instruments.
ELSS funds are also known as the tax saving Mutual Funds as they offer tax benefits under Section 80C of the income tax Act. Moreover, the ELSS Mutual Funds are open-ended, which means that the investors can subscribe in these funds as and when they want.
Who Can Invest in ELSS Fund?
Generally, ELSS mutual funds are suitable for all kinds of investors who are willing to take market-linked risks for Tax Planning and saving money. Anyone can invest in ELSS funds at any point of time in their life. However, it is suggested to invest in tax saving ELSS funds during the early stage of your career so that your money grows over time and you earn better returns. Hence, save tax and earn good returns both at the same time by Investing in best ELSS funds. Investors should be aware that amount invested in ELSS funds is locked for 3 Years.
Investors can invest in ELSS mutual funds as lumpsum (One Time) of SIP (Systematic Investment plan). It is advised for beginners to generally invest using SIP as it better suited for them.
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Other Tax Saving Options
Other tax saving options under Section 80C includes:
- Life Insurance premium
- Tax saving fixed deposits
- PPF
- NSC
- EPF
- Unit Linked Equity Plans (ULIP)
One should know combines limit of saving under section 80c is limited to 1.5 Lakhs Per Financial year.
Top 11 Best Performing ELSS Mutual Funds for Investment in FY 25 - 26
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Tata India Tax Savings Fund Growth ₹41.5908
↓ -0.65 ₹4,335 0.6 -4.6 6.7 15 23.1 19.5 L&T Tax Advantage Fund Growth ₹124.228
↓ -2.59 ₹3,871 0.1 -4.4 8.9 17.4 23.8 33 Principal Tax Savings Fund Growth ₹482.697
↓ -5.81 ₹1,288 2.9 -1.1 5.9 14.6 24.3 15.8 HDFC Long Term Advantage Fund Growth ₹595.168
↑ 0.28 ₹1,318 1.2 15.4 35.5 20.6 17.4 IDBI Equity Advantage Fund Growth ₹43.39
↑ 0.04 ₹485 9.7 15.1 16.9 20.8 10 JM Tax Gain Fund Growth ₹45.1996
↓ -0.84 ₹184 0 -7 5 18.8 26.9 29 BNP Paribas Long Term Equity Fund (ELSS) Growth ₹89.6673
↓ -1.33 ₹866 1.3 -3 6.8 16.6 21.5 23.6 Invesco India Tax Plan Growth ₹118.16
↓ -2.25 ₹2,638 -0.9 -4.9 7.6 15 22.2 25.2 Sundaram Diversified Equity Fund Growth ₹209.514
↓ -2.48 ₹1,428 2.8 -1.3 6.7 13.3 22.6 12 BOI AXA Tax Advantage Fund Growth ₹150.25
↓ -3.06 ₹1,320 -1.9 -7.7 -4.7 16.3 25.2 21.6 UTI Long Term Equity Fund Growth ₹195.007
↓ -2.45 ₹3,593 1.8 -5 6.7 12.3 22 13.9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Apr 25
*Above is list of top ELSS (Equity Linked Saving Scheme) having AUM/Net Assets above than 500 Crore and having fund age >= 3 years.
To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation.. Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a Below is the key information for Tata India Tax Savings Fund Returns up to 1 year are on To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a Below is the key information for L&T Tax Advantage Fund Returns up to 1 year are on To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation. Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a Below is the key information for Principal Tax Savings Fund Returns up to 1 year are on To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments HDFC Long Term Advantage Fund is a Equity - ELSS fund was launched on 2 Jan 01. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Long Term Advantage Fund Returns up to 1 year are on The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized. IDBI Equity Advantage Fund is a Equity - ELSS fund was launched on 10 Sep 13. It is a fund with Moderately High risk and has given a Below is the key information for IDBI Equity Advantage Fund Returns up to 1 year are on The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns. JM Tax Gain Fund is a Equity - ELSS fund was launched on 31 Mar 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Tax Gain Fund Returns up to 1 year are on The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent fromtime to time. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. BNP Paribas Long Term Equity Fund (ELSS) is a Equity - ELSS fund was launched on 5 Jan 06. It is a fund with Moderately High risk and has given a Below is the key information for BNP Paribas Long Term Equity Fund (ELSS) Returns up to 1 year are on The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities. Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a Below is the key information for Invesco India Tax Plan Returns up to 1 year are on To achieve capital appreciation by investing
predominantly in equities and equity-related
instruments. A three-year lock-in period shall
apply in line with the regulation for ELSS
schemes. Sundaram Diversified Equity Fund is a Equity - ELSS fund was launched on 22 Nov 99. It is a fund with Moderately High risk and has given a Below is the key information for Sundaram Diversified Equity Fund 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 (Erstwhile UTI Long Term Equity Fund (Tax Saving)) The funds collected under the scheme shall be invested in equities, fully convertible debentures/ bonds and warrants of companies. Investment may also be made in issues of partly convertible debentures/bonds including those issued on rights basis subject to the condition that, as far as possible, the non-convertible portion of the debentures/bonds so acquired or subscribed shall be disinvested within a period of twelve months from their acquisition. UTI Long Term Equity Fund is a Equity - ELSS fund was launched on 15 Dec 99. It is a fund with Moderately High risk and has given a Below is the key information for UTI Long Term Equity Fund Returns up to 1 year are on 1. Tata India Tax Savings Fund
CAGR/Annualized return of 14.5% since its launch. Ranked 1 in ELSS category. Return for 2024 was 19.5% , 2023 was 24% and 2022 was 5.9% . Tata India Tax Savings Fund
Growth Launch Date 13 Oct 14 NAV (25 Apr 25) ₹41.5908 ↓ -0.65 (-1.55 %) Net Assets (Cr) ₹4,335 on 31 Mar 25 Category Equity - ELSS AMC Tata Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 0 Sharpe Ratio 0.22 Information Ratio -0.15 Alpha Ratio 3.19 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹16,724 31 Mar 22 ₹20,336 31 Mar 23 ₹20,326 31 Mar 24 ₹27,013 31 Mar 25 ₹29,622 Returns for Tata India Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 0.7% 3 Month 0.6% 6 Month -4.6% 1 Year 6.7% 3 Year 15% 5 Year 23.1% 10 Year 15 Year Since launch 14.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 19.5% 2022 24% 2021 5.9% 2020 30.4% 2019 11.9% 2018 13.6% 2017 -8.4% 2016 46% 2015 2.1% 2014 13.3% Fund Manager information for Tata India Tax Savings Fund
Name Since Tenure Sailesh Jain 16 Dec 21 3.21 Yr. Tejas Gutka 9 Mar 21 3.98 Yr. Data below for Tata India Tax Savings Fund as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 32.98% Consumer Cyclical 15.28% Industrials 12.78% Technology 7.77% Basic Materials 7.15% Energy 5.32% Communication Services 3.91% Health Care 3.49% Utility 2.65% Real Estate 2.39% Consumer Defensive 1.48% Asset Allocation
Asset Class Value Cash 4.81% Equity 95.19% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | HDFCBANK7% ₹299 Cr 1,725,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 16 | ICICIBANK6% ₹256 Cr 2,125,000 Infosys Ltd (Technology)
Equity, Since 30 Sep 18 | INFY5% ₹196 Cr 1,160,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE4% ₹162 Cr 1,350,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 18 | SBIN4% ₹150 Cr 2,175,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL4% ₹148 Cr 940,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322153% ₹132 Cr 1,300,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 16 | LT3% ₹111 Cr 352,147 NTPC Ltd (Utilities)
Equity, Since 30 Jun 21 | 5325553% ₹107 Cr 3,451,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Mar 22 | 5000342% ₹91 Cr 107,000 2. L&T Tax Advantage Fund
CAGR/Annualized return of 14.1% since its launch. Ranked 7 in ELSS category. Return for 2024 was 33% , 2023 was 28.4% and 2022 was -3% . L&T Tax Advantage Fund
Growth Launch Date 27 Feb 06 NAV (25 Apr 25) ₹124.228 ↓ -2.59 (-2.04 %) Net Assets (Cr) ₹3,871 on 31 Mar 25 Category Equity - ELSS AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.89 Sharpe Ratio 0.38 Information Ratio 0.34 Alpha Ratio 6.76 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹17,157 31 Mar 22 ₹20,223 31 Mar 23 ₹19,900 31 Mar 24 ₹27,682 31 Mar 25 ₹31,345 Returns for L&T Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 0.7% 3 Month 0.1% 6 Month -4.4% 1 Year 8.9% 3 Year 17.4% 5 Year 23.8% 10 Year 15 Year Since launch 14.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 33% 2022 28.4% 2021 -3% 2020 30.3% 2019 13.5% 2018 4.6% 2017 -8.1% 2016 42.3% 2015 8.1% 2014 2.9% Fund Manager information for L&T Tax Advantage Fund
Name Since Tenure Gautam Bhupal 26 Nov 22 2.26 Yr. Sonal Gupta 21 Jul 21 3.61 Yr. Abhishek Gupta 1 Mar 24 1 Yr. Data below for L&T Tax Advantage Fund as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 24.8% Consumer Cyclical 19.28% Industrials 16.35% Technology 11.48% Basic Materials 6.73% Health Care 5.79% Energy 4.26% Consumer Defensive 3.25% Utility 3.16% Communication Services 2.03% Real Estate 1.44% Asset Allocation
Asset Class Value Cash 1.39% Equity 98.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK6% ₹201 Cr 1,162,500 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK4% ₹139 Cr 1,155,500 Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY4% ₹131 Cr 774,900 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE3% ₹114 Cr 951,812 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 22 | LT3% ₹95 Cr 301,450 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Jun 23 | SHRIRAMFIN2% ₹80 Cr 1,291,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 24 | BHARTIARTL2% ₹73 Cr 467,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 21 | PERSISTENT2% ₹71 Cr 133,000
↓ -27,000 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5433202% ₹70 Cr 3,150,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 19 | SBIN2% ₹68 Cr 984,432 3. Principal Tax Savings Fund
CAGR/Annualized return of 15.9% since its launch. Ranked 8 in ELSS category. Return for 2024 was 15.8% , 2023 was 24.5% and 2022 was 4.3% . Principal Tax Savings Fund
Growth Launch Date 31 Mar 96 NAV (25 Apr 25) ₹482.697 ↓ -5.81 (-1.19 %) Net Assets (Cr) ₹1,288 on 31 Mar 25 Category Equity - ELSS AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.26 Sharpe Ratio 0.02 Information Ratio -0.26 Alpha Ratio -0.34 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹17,162 31 Mar 22 ₹21,396 31 Mar 23 ₹21,311 31 Mar 24 ₹29,041 31 Mar 25 ₹30,850 Returns for Principal Tax Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 2.1% 3 Month 2.9% 6 Month -1.1% 1 Year 5.9% 3 Year 14.6% 5 Year 24.3% 10 Year 15 Year Since launch 15.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 15.8% 2022 24.5% 2021 4.3% 2020 32.1% 2019 18.9% 2018 2.5% 2017 -9.2% 2016 48.8% 2015 6.2% 2014 2.7% Fund Manager information for Principal Tax Savings Fund
Name Since Tenure Sudhir Kedia 29 Oct 19 5.42 Yr. Rohit Seksaria 1 Jan 22 3.25 Yr. Data below for Principal Tax Savings Fund as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 32.55% Industrials 11.74% Consumer Cyclical 10.61% Technology 8.27% Health Care 6.81% Consumer Defensive 5.77% Energy 5.37% Basic Materials 5.31% Communication Services 4.95% Utility 1.37% Asset Allocation
Asset Class Value Cash 6.71% Equity 93.29% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK9% ₹112 Cr 644,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹89 Cr 737,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE4% ₹52 Cr 434,000 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY4% ₹52 Cr 306,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LT3% ₹42 Cr 134,000
↑ 19,000 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN3% ₹37 Cr 532,000
↑ 88,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 5322153% ₹32 Cr 311,000 InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 Oct 22 | INDIGO2% ₹28 Cr 63,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Jan 14 | 5325382% ₹27 Cr 27,000 Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services)
Equity, Since 30 Nov 21 | 8901572% ₹25 Cr 221,000
↓ -62,000 4. HDFC Long Term Advantage Fund
CAGR/Annualized return of 21.4% since its launch. Ranked 23 in ELSS category. . HDFC Long Term Advantage Fund
Growth Launch Date 2 Jan 01 NAV (14 Jan 22) ₹595.168 ↑ 0.28 (0.05 %) Net Assets (Cr) ₹1,318 on 30 Nov 21 Category Equity - ELSS AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.25 Sharpe Ratio 2.27 Information Ratio -0.15 Alpha Ratio 1.75 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹17,787
Purchase not allowed Returns for HDFC Long Term Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 4.4% 3 Month 1.2% 6 Month 15.4% 1 Year 35.5% 3 Year 20.6% 5 Year 17.4% 10 Year 15 Year Since launch 21.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for HDFC Long Term Advantage Fund
Name Since Tenure Data below for HDFC Long Term Advantage Fund as on 30 Nov 21
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 5. IDBI Equity Advantage Fund
CAGR/Annualized return of 16% since its launch. Ranked 21 in ELSS category. . IDBI Equity Advantage Fund
Growth Launch Date 10 Sep 13 NAV (28 Jul 23) ₹43.39 ↑ 0.04 (0.09 %) Net Assets (Cr) ₹485 on 30 Jun 23 Category Equity - ELSS AMC IDBI Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.39 Sharpe Ratio 1.21 Information Ratio -1.13 Alpha Ratio 1.78 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹14,407 31 Mar 22 ₹17,362 31 Mar 23 ₹17,326 Returns for IDBI Equity Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 3.1% 3 Month 9.7% 6 Month 15.1% 1 Year 16.9% 3 Year 20.8% 5 Year 10% 10 Year 15 Year Since launch 16% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for IDBI Equity Advantage Fund
Name Since Tenure Data below for IDBI Equity Advantage Fund as on 30 Jun 23
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 6. JM Tax Gain Fund
CAGR/Annualized return of 9.2% since its launch. Ranked 18 in ELSS category. Return for 2024 was 29% , 2023 was 30.9% and 2022 was 0.5% . JM Tax Gain Fund
Growth Launch Date 31 Mar 08 NAV (25 Apr 25) ₹45.1996 ↓ -0.84 (-1.83 %) Net Assets (Cr) ₹184 on 31 Mar 25 Category Equity - ELSS AMC JM Financial Asset Management Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.4 Sharpe Ratio 0.26 Information Ratio 0.48 Alpha Ratio 4.69 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹17,396 31 Mar 22 ₹21,099 31 Mar 23 ₹20,935 31 Mar 24 ₹30,269 31 Mar 25 ₹33,442 Returns for JM Tax Gain Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 0.9% 3 Month 0% 6 Month -7% 1 Year 5% 3 Year 18.8% 5 Year 26.9% 10 Year 15 Year Since launch 9.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 29% 2022 30.9% 2021 0.5% 2020 32.2% 2019 18.3% 2018 14.9% 2017 -4.6% 2016 42.6% 2015 5.2% 2014 -0.6% Fund Manager information for JM Tax Gain Fund
Name Since Tenure Satish Ramanathan 1 Oct 24 0.41 Yr. Asit Bhandarkar 31 Dec 21 3.17 Yr. Chaitanya Choksi 18 Jul 14 10.63 Yr. Ruchi Fozdar 4 Oct 24 0.41 Yr. Data below for JM Tax Gain Fund as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 24.93% Consumer Cyclical 16.94% Basic Materials 12.3% Technology 11.78% Industrials 9.75% Health Care 9.45% Consumer Defensive 4.67% Communication Services 2.88% Utility 1.21% Asset Allocation
Asset Class Value Cash 4.75% Equity 95.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICICIBANK6% ₹9 Cr 77,975
↑ 20,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 11 | HDFCBANK6% ₹9 Cr 54,131 Infosys Ltd (Technology)
Equity, Since 31 Aug 18 | INFY5% ₹8 Cr 45,965
↓ -2,500 Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Jan 25 | 5329784% ₹7 Cr 35,500
↑ 3,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 24 | MARUTI3% ₹6 Cr 4,706 Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 30 Sep 24 | 5329773% ₹5 Cr 6,550 State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN3% ₹5 Cr 72,900 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL3% ₹5 Cr 30,700 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT3% ₹5 Cr 14,447 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 24 | CREDITACC2% ₹4 Cr 43,600 7. BNP Paribas Long Term Equity Fund (ELSS)
CAGR/Annualized return of 12% since its launch. Ranked 22 in ELSS category. Return for 2024 was 23.6% , 2023 was 31.3% and 2022 was -2.1% . BNP Paribas Long Term Equity Fund (ELSS)
Growth Launch Date 5 Jan 06 NAV (25 Apr 25) ₹89.6673 ↓ -1.33 (-1.46 %) Net Assets (Cr) ₹866 on 31 Mar 25 Category Equity - ELSS AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.29 Sharpe Ratio 0.22 Information Ratio 0.11 Alpha Ratio 3.06 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹15,840 31 Mar 22 ₹18,175 31 Mar 23 ₹17,467 31 Mar 24 ₹24,819 31 Mar 25 ₹27,184 Returns for BNP Paribas Long Term Equity Fund (ELSS)
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 1.5% 3 Month 1.3% 6 Month -3% 1 Year 6.8% 3 Year 16.6% 5 Year 21.5% 10 Year 15 Year Since launch 12% Historical performance (Yearly) on absolute basis
Year Returns 2023 23.6% 2022 31.3% 2021 -2.1% 2020 23.6% 2019 17.8% 2018 14.3% 2017 -9.3% 2016 42.3% 2015 -6.6% 2014 7.7% Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
Name Since Tenure Sanjay Chawla 14 Mar 22 2.97 Yr. Pratish Krishnan 14 Mar 22 2.97 Yr. Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 27.76% Industrials 11.82% Consumer Cyclical 11.61% Technology 10.27% Health Care 8.44% Consumer Defensive 7.81% Basic Materials 6.73% Energy 4.19% Utility 3.21% Communication Services 3.1% Asset Allocation
Asset Class Value Cash 4.62% Equity 95.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK7% ₹57 Cr 328,160 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK6% ₹49 Cr 411,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 18 | RELIANCE4% ₹34 Cr 284,200 Infosys Ltd (Technology)
Equity, Since 29 Feb 24 | INFY3% ₹27 Cr 161,100
↓ -43,900 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL3% ₹25 Cr 160,566 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | 5433203% ₹20 Cr 920,813 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 20 | LT2% ₹20 Cr 64,020 Sagility India Ltd (Healthcare)
Equity, Since 30 Nov 24 | SAGILITY2% ₹20 Cr 4,616,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Sep 23 | CHOLAFIN2% ₹17 Cr 120,500 State Bank of India (Financial Services)
Equity, Since 31 Mar 22 | SBIN2% ₹17 Cr 243,000 8. Invesco India Tax Plan
CAGR/Annualized return of 14.4% since its launch. Ranked 17 in ELSS category. Return for 2024 was 25.2% , 2023 was 30.9% and 2022 was -7.7% . Invesco India Tax Plan
Growth Launch Date 29 Dec 06 NAV (25 Apr 25) ₹118.16 ↓ -2.25 (-1.87 %) Net Assets (Cr) ₹2,638 on 31 Mar 25 Category Equity - ELSS AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.97 Sharpe Ratio 0.14 Information Ratio -0.28 Alpha Ratio 2.26 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹16,599 31 Mar 22 ₹19,855 31 Mar 23 ₹18,491 31 Mar 24 ₹26,109 31 Mar 25 ₹28,196 Returns for Invesco India Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 2.4% 3 Month -0.9% 6 Month -4.9% 1 Year 7.6% 3 Year 15% 5 Year 22.2% 10 Year 15 Year Since launch 14.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 25.2% 2022 30.9% 2021 -7.7% 2020 32.6% 2019 19.2% 2018 9.4% 2017 -1.3% 2016 35.7% 2015 3.4% 2014 5.8% Fund Manager information for Invesco India Tax Plan
Name Since Tenure Amit Nigam 3 Sep 20 4.49 Yr. Dhimant Kothari 29 Mar 18 6.93 Yr. Data below for Invesco India Tax Plan as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 24.73% Consumer Cyclical 17.09% Industrials 15.73% Technology 11.8% Health Care 10.1% Consumer Defensive 6.21% Basic Materials 6% Energy 3.02% Communication Services 2.08% Utility 1.7% Real Estate 0.72% Asset Allocation
Asset Class Value Cash 0.82% Equity 99.18% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | HDFCBANK7% ₹175 Cr 1,012,536
↓ -60,367 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | ICICIBANK4% ₹102 Cr 844,199
↓ -368,382 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 20 | 5322154% ₹99 Cr 972,099 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 23 | TCS3% ₹66 Cr 189,981
↓ -79,126 Metro Brands Ltd (Consumer Cyclical)
Equity, Since 31 Jan 24 | 5434262% ₹62 Cr 553,399
↓ -7,797 LTIMindtree Ltd (Technology)
Equity, Since 30 Sep 24 | LTIM2% ₹60 Cr 129,520
↑ 13,789 Infosys Ltd (Technology)
Equity, Since 31 Dec 19 | INFY2% ₹60 Cr 357,766
↓ -43,464 Dixon Technologies (India) Ltd (Technology)
Equity, Since 31 Aug 22 | DIXON2% ₹60 Cr 43,113 Home First Finance Co India Ltd --- (Financial Services)
Equity, Since 31 Mar 23 | HOMEFIRST2% ₹58 Cr 565,548
↓ -52,985 Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 30 Nov 23 | EICHERMOT2% ₹56 Cr 117,657
↑ 50,186 9. Sundaram Diversified Equity Fund
CAGR/Annualized return of 15.8% since its launch. Ranked 14 in ELSS category. Return for 2024 was 12% , 2023 was 23.3% and 2022 was 4% . Sundaram Diversified Equity Fund
Growth Launch Date 22 Nov 99 NAV (25 Apr 25) ₹209.514 ↓ -2.48 (-1.17 %) Net Assets (Cr) ₹1,428 on 31 Mar 25 Category Equity - ELSS AMC Sundaram Asset Management Company Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.16 Sharpe Ratio -0.05 Information Ratio -0.67 Alpha Ratio -1.4 Min Investment 500 Min SIP Investment 250 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹17,008 31 Mar 22 ₹20,512 31 Mar 23 ₹20,733 31 Mar 24 ₹27,136 31 Mar 25 ₹28,521 Returns for Sundaram Diversified Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 2.1% 3 Month 2.8% 6 Month -1.3% 1 Year 6.7% 3 Year 13.3% 5 Year 22.6% 10 Year 15 Year Since launch 15.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 12% 2022 23.3% 2021 4% 2020 31.5% 2019 9.9% 2018 6.2% 2017 -10.6% 2016 38.4% 2015 6.8% 2014 3.1% Fund Manager information for Sundaram Diversified Equity Fund
Name Since Tenure Sudhir Kedia 1 Jan 22 3.25 Yr. Rohit Seksaria 24 Feb 21 4.1 Yr. Data below for Sundaram Diversified Equity Fund as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 33.52% Industrials 11.4% Consumer Cyclical 10.51% Technology 9.43% Health Care 6.76% Consumer Defensive 6.1% Basic Materials 5.59% Energy 5.59% Communication Services 5.33% Utility 1.44% Asset Allocation
Asset Class Value Cash 3.85% Equity 96.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 13 | HDFCBANK9% ₹125 Cr 724,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 11 | ICICIBANK8% ₹106 Cr 883,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 16 | INFY5% ₹61 Cr 364,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 12 | RELIANCE4% ₹60 Cr 504,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT4% ₹49 Cr 156,446 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL3% ₹44 Cr 280,000
↓ -24,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 18 | 5322153% ₹43 Cr 419,000 State Bank of India (Financial Services)
Equity, Since 31 Aug 20 | SBIN3% ₹41 Cr 595,000
↑ 50,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jul 20 | TCS3% ₹40 Cr 114,734 InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 Oct 22 | INDIGO3% ₹37 Cr 83,000 10. BOI AXA Tax Advantage Fund
CAGR/Annualized return of 18.3% since its launch. Ranked 13 in ELSS category. Return for 2024 was 21.6% , 2023 was 34.8% and 2022 was -1.3% . BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (25 Apr 25) ₹150.25 ↓ -3.06 (-2.00 %) Net Assets (Cr) ₹1,320 on 31 Mar 25 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio -0.21 Information Ratio 0.26 Alpha Ratio -5.05 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹17,451 31 Mar 22 ₹21,638 31 Mar 23 ₹21,564 31 Mar 24 ₹33,320 31 Mar 25 ₹33,284 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month -0.1% 3 Month -1.9% 6 Month -7.7% 1 Year -4.7% 3 Year 16.3% 5 Year 25.2% 10 Year 15 Year Since launch 18.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 21.6% 2022 34.8% 2021 -1.3% 2020 41.5% 2019 31.2% 2018 14.6% 2017 -16.3% 2016 57.7% 2015 -1.2% 2014 2.1% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Alok Singh 27 Apr 22 2.85 Yr. Data below for BOI AXA Tax Advantage Fund as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 25.03% Technology 15.87% Basic Materials 14.62% Industrials 14.46% Utility 6.52% Consumer Cyclical 5.47% Health Care 3.84% Consumer Defensive 3.77% Real Estate 2.69% Communication Services 2.01% Energy 1.38% Asset Allocation
Asset Class Value Cash 4.34% Equity 95.65% Debt 0.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK5% ₹62 Cr 355,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN5% ₹58 Cr 839,000 Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 24 | 5002955% ₹56 Cr 1,412,000
↑ 59,000 Coforge Ltd (Technology)
Equity, Since 30 Jun 23 | COFORGE4% ₹48 Cr 65,600
↑ 1,800 Ami Organics Ltd (Basic Materials)
Equity, Since 31 May 24 | 5433493% ₹35 Cr 161,471
↓ -4,149 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK3% ₹34 Cr 285,000 Dixon Technologies (India) Ltd (Technology)
Equity, Since 31 Dec 23 | DIXON3% ₹33 Cr 24,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325553% ₹30 Cr 955,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 23 | HAL2% ₹27 Cr 86,000
↑ 6,000 Swan Energy Ltd (Industrials)
Equity, Since 29 Feb 24 | SWANENERGY2% ₹27 Cr 650,000 11. UTI Long Term Equity Fund
CAGR/Annualized return of 14.4% since its launch. Ranked 29 in ELSS category. Return for 2024 was 13.9% , 2023 was 24.3% and 2022 was -3.5% . UTI Long Term Equity Fund
Growth Launch Date 15 Dec 99 NAV (25 Apr 25) ₹195.007 ↓ -2.45 (-1.24 %) Net Assets (Cr) ₹3,593 on 31 Mar 25 Category Equity - ELSS AMC UTI Asset Management Company Ltd Rating ☆☆ Risk Moderately High Expense Ratio 1.9 Sharpe Ratio 0.13 Information Ratio -0.81 Alpha Ratio 1.5 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 20 ₹10,000 31 Mar 21 ₹17,372 31 Mar 22 ₹20,659 31 Mar 23 ₹19,709 31 Mar 24 ₹25,992 31 Mar 25 ₹28,043 Returns for UTI Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Apr 25 Duration Returns 1 Month 1.6% 3 Month 1.8% 6 Month -5% 1 Year 6.7% 3 Year 12.3% 5 Year 22% 10 Year 15 Year Since launch 14.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 13.9% 2022 24.3% 2021 -3.5% 2020 33.1% 2019 20.2% 2018 10.4% 2017 -6.5% 2016 33.1% 2015 3.3% 2014 2.6% Fund Manager information for UTI Long Term Equity Fund
Name Since Tenure Vishal Chopda 30 Aug 19 5.51 Yr. Data below for UTI Long Term Equity Fund as on 31 Mar 25
Equity Sector Allocation
Sector Value Financial Services 32.26% Consumer Cyclical 13.94% Technology 10.44% Industrials 7.14% Consumer Defensive 6.89% Communication Services 6.36% Health Care 5.88% Basic Materials 5.22% Utility 3.56% Energy 3.08% Real Estate 2.52% Asset Allocation
Asset Class Value Cash 2.72% Equity 97.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 11 | HDFCBANK9% ₹307 Cr 1,771,762
↓ -27,572 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 07 | ICICIBANK9% ₹289 Cr 2,396,325 Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY6% ₹198 Cr 1,171,631 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 13 | BHARTIARTL5% ₹177 Cr 1,128,444 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 10 | 5322154% ₹119 Cr 1,172,385 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | 5000343% ₹113 Cr 132,911
↑ 16,014 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | MARUTI2% ₹82 Cr 68,258 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Sep 19 | 5403762% ₹81 Cr 238,440 Reliance Industries Ltd (Energy)
Equity, Since 31 May 24 | RELIANCE2% ₹81 Cr 675,510 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | CHOLAFIN2% ₹79 Cr 565,111
ELSS SIP Calculator
Know Your SIP Returns
Investment Modes in ELSS
SIP (Systematic Investment Plan) in ELSS
One can choose SIP as an investment mode for invest in Tax Saving Mutual Funds (ELSS) as certain amount is invested every month.
As shown in sample below-
| Month | Amount | Mode | |||
|---|---|---|---|---|---|
| April | 12,500 | SIP | May | 12,500 | SIP |
| June | 12,500 | SIP | July | 12,500 | SIP |
| August | 12,500 | SIP | September | 12,500 | SIP |
| October | 12,500 | SIP | November | 12,500 | SIP |
| December | 12,500 | SIP | January | 12,500 | SIP |
| Feburary | 12,500 | SIP | March | 12,500 | SIP |
| Total | 1,50,000 |
While investing through SIP method SIP benefits of Rupee Cost averaging are reaped as it scatter purchases every month and invest is made at an average price rather than at particular price which might be the case with Lumpsum Investments.
Lumpsum Investment in ELSS
As one might be saving in other tax saving intruments like ULIP, NSC, PF/EPF, insurance (under Sector 80c) one can decide whatever amount is needed to save tax after deducting other instruments and invest as Lumpsum purchases over the year or one time near end of Financial Year (Jan - Mar).
Tips to Invest in Best Tax Saving ELSS Funds
Invest in best ELSS Funds via a SIP (Systematic Investment Plan) in the beginning of the financial year (i.e. in April) and not when the financial year is ending
Choose an ELSS Mutual Fund carefully among the list of best ELSS Funds, and invest in the same for a year instead of jumping to other tax saving ELSS funds every year
Good ELSS returns can be achieved when invested for 5-7 years, so it is suggested not to pull out money once your lock-in ends after 3 years. Try holding it for a longer duration to earn better returns
If you are a risk-averse investor and want a less-volatile fund, consider investing in a large-cap Mutual Fund
How to Invest in ELSS Funds Online?
Open Free Investment Account for Lifetime at Fincash.com
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
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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Nice article. Highly recommended for guys who are looking to save tax under section 80c.