ITI ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Moderately High Risk
3Y Lock In
19.62%
3Y annualised
+0.57% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Nov 2024₹26.71
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 returns45.5%19.6%20.9%21.5%
Category average35.0%15.4%19.4%NA
Rank with in category5715NA
Understand terms

Peer Comparison

Holdings (64)

NameSectorInstrumentAssets
ServicesEquity4.82%
ServicesEquity4.76%
ServicesEquity4.46%
FinancialEquity3.31%
Consumer StaplesEquity3.21%
Consumer StaplesEquity3.15%
FinancialEquity3.01%
AutomobileEquity2.98%
FinancialEquity2.40%
EnergyEquity2.39%
FinancialEquity2.37%
FinancialEquity2.34%
Metals & MiningEquity2.28%
FinancialEquity2.21%
TechnologyEquity2.20%
EnergyEquity2.17%
Metals & MiningEquity2.04%
Capital GoodsEquity2.03%
Metals & MiningEquity1.92%
ChemicalsEquity1.92%
FinancialEquity1.90%
ConstructionEquity1.88%
ConstructionEquity1.83%
ChemicalsEquity1.79%
ServicesEquity1.74%
FinancialEquity1.63%
CommunicationPPE1.59%
EnergyEquity1.54%
Capital GoodsEquity1.37%
Consumer StaplesEquity1.36%
EnergyEquity1.29%
Metals & MiningEquity1.26%
TechnologyEquity1.19%
AutomobileEquity1.16%
ConstructionEquity1.16%
Metals & MiningEquity1.14%
TechnologyEquity1.06%
ServicesEquity1.02%
EnergyEquity0.98%
CommunicationEquity0.92%
Capital GoodsEquity0.92%
HealthcareEquity0.91%
TextilesEquity0.90%
ConstructionEquity0.84%
TechnologyEquity0.82%
InsuranceEquity0.78%
Capital GoodsEquity0.76%
AutomobileEquity0.75%
ServicesEquity0.73%
ConstructionEquity0.73%
ConstructionEquity0.72%
ConstructionEquity0.68%
ConstructionEquity0.65%
ServicesEquity0.62%
HealthcareEquity0.60%
Consumer StaplesEquity0.60%
AutomobileEquity0.55%
Consumer StaplesEquity0.54%
Capital GoodsEquity0.53%
ServicesEquity0.50%
CommunicationEquity0.46%
TextilesEquity0.32%
TechnologyEquity0.26%
ConstructionPPE0.15%
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: 4.77 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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