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Indiabulls Tax Savings Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock Inlock
43.52%
1Y return
+0.53% 1D
1M
6M
1Y
3Y
All
NAV: 29 Jul 2021₹13.29
Min. SIP Amount₹500
Rating2star
Fund Size₹52.89 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns43.5%10.9%NA8.3%
Category average54.9%14.2%14.3%NA
Rank with in category3528NANA
Understand termsinfo

Holdings (40)

NameSectorInstrumentAssets
Indiabulls Nifty 50 Exchange Traded Fund Regular - Growth
FinancialMutual Fund9.5%
Reliance Industries Ltd.EnergyEquity5.4%
Infosys Ltd.TechnologyEquity5.2%
HDFC Bank Ltd.FinancialEquity4.8%
ICICI Bank Ltd.FinancialEquity4.8%
Larsen & Toubro Ltd.ConstructionEquity4.2%
HCL Technologies Ltd.TechnologyEquity3.9%
Axis Bank Ltd.FinancialEquity3.3%
Bharti Airtel Ltd.CommunicationEquity3.2%
State Bank of India
FinancialEquity3.2%
See All

Pros and cons

Category: Equity ELSS

Pros

  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.5%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Vikrant Mehta
Jun 2019 - Present
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Malay Shah
Sep 2017 - Present
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Sumit Bhatnagar
May 2021 - Present
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Karan Singh
May 2020 - Present
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Veekesh Gandhi
Oct 2018 - Present
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Rajeev Desai
May 2020 - Present
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Fund house & investment objective

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Fund house contact details

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