ITI ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Moderately High Risk
3Y Lock In
19.35%
3Y annualised
-0.97% 1D
1M
6M
1Y
3Y
All
NAV: 21 Feb 2024₹22.49
Min. SIP amount₹500
Rating3
Fund size₹266.71Cr

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
6M1Y3YAll
Fund returnsNA48.8%19.4%20.5%
Category averageNA35.5%18.3%NA
Rank with in categoryNA516NA
Understand terms

Holdings (58)

NameSectorInstrumentAssets
CommunicationPPE5.01%
Metals & MiningEquity3.59%
ServicesEquity3.50%
TextilesEquity3.23%
Metals & MiningEquity3.08%
ServicesEquity2.99%
FinancialEquity2.78%
TechnologyEquity2.76%
EnergyEquity2.39%
FinancialEquity2.35%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 0.48%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 2.53 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.48%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

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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