ITI ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Moderately High Risk
3Y Lock In
18.46%
3Y annualised
+0.73% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Nov 2024₹25.77
Min. SIP amount₹500
Rating4
Fund size₹411.63Cr

Return calculator

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

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns32.7%18.5%19.8%20.4%
Category average27.4%14.6%19.0%NA
Rank with in category10617NA
Understand terms

Peer Comparison

Holdings (60)

NameSectorInstrumentAssets
ServicesEquity4.74%
ServicesEquity4.52%
FinancialEquity4.02%
ServicesEquity4.00%
Consumer StaplesEquity3.27%
Consumer StaplesEquity3.15%
AutomobileEquity2.78%
FinancialEquity2.61%
FinancialEquity2.58%
FinancialEquity2.52%
FinancialEquity2.35%
FinancialEquity2.33%
Metals & MiningEquity2.29%
TechnologyEquity2.17%
EnergyEquity2.11%
FinancialEquity2.09%
Capital GoodsEquity1.99%
Metals & MiningEquity1.85%
Capital GoodsEquity1.83%
ChemicalsEquity1.78%
ServicesEquity1.69%
ServicesEquity1.66%
ConstructionEquity1.63%
ConstructionEquity1.60%
Metals & MiningEquity1.59%
CommunicationPPE1.55%
Metals & MiningEquity1.51%
EnergyEquity1.48%
HealthcareEquity1.47%
EnergyEquity1.40%
FinancialEquity1.40%
Consumer StaplesEquity1.33%
EnergyEquity1.28%
ConstructionEquity1.21%
Metals & MiningEquity1.18%
ServicesEquity1.12%
TechnologyEquity1.08%
TechnologyEquity1.07%
EnergyEquity1.01%
Capital GoodsEquity0.96%
TextilesEquity0.96%
CommunicationEquity0.92%
TechnologyEquity0.91%
ChemicalsEquity0.82%
InsuranceEquity0.76%
Capital GoodsEquity0.76%
ConstructionEquity0.70%
AutomobileEquity0.70%
ConstructionEquity0.66%
HealthcareEquity0.63%
Consumer StaplesEquity0.59%
ConstructionEquity0.56%
Capital GoodsEquity0.54%
AutomobileEquity0.53%
Consumer StaplesEquity0.53%
ChemicalsEquity0.52%
ServicesEquity0.51%
TextilesEquity0.36%
TechnologyEquity0.28%
ConstructionPPE0.11%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 0.5%
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 4.56 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Cons

Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 0.50%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Vishal Jajoo
May 2023 - Present
View details

Education
Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)
Experience
Prior to joining ITI Mutual Fund, he has worked with Tata Investment Corporation Ltd
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Launch Date
14 May 2018
ITI Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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