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Indiabulls Tax Savings Fund

Indiabulls Tax Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

15.04

as on 07 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,223 today.

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NAV Performance

Indiabulls Tax Savings Fund performance graph for last 3 years
Performance of Indiabulls Tax Savings Fund for last 3 Years

Fund Information

  • ₹ 16.320

    as on 07 Dec 2023
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 36 Cr.

    as on 31 May 2023
  • 2.25%

  • 28 Dec 2017

  • Equity - ELSS

  • S&P BSE 500 TRI

  • Indiabulls Mutual Fund

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  • Data not available.

Highlights of this fund

Indiabulls Tax Savings Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 28 Dec 2017. This fund is offered by one of the top AMC (Assets Management Company) Indiabulls Mutual Fund. You can also view here all other Equity funds offered by Indiabulls Mutual Fund.

Latest NAV of the fund is ₹ 16.320 as on 07 Dec 2023.

This fund has 5 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.25%. Ideally you shoulds compare this fund with the benchmark S&P BSE 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities.The scheme shall offer tax benefits under Section 80C of the Income Tax Act.

List of Fund Managers of Indiabulls Tax Savings Fund

  • About Karan Singh

    Picture of Karan SinghMr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1 Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.
  • About Anupam Tiwari

    Picture of Anupam TiwariAnupam Tiwari is an Equity Fund Manager at Axis AMC. He joined Axis AMC in September 2016. Prior to this, he worked with Reliance Life Insurance & Principal PNB Asset Management as a Fund Manager. He started his career as an Equity Analyst with Reliance Capital AMC in 2005.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 11.40% 13.64% 25.51% 30.41% 32.94% 32.57% 28.49% 24.71% 47.39% 31.05% 25.50% 32.25% 24.06%
Category Average 7.55% 6.98% 16.50% 20.35% 13.52% 19.98% 16.12% 16.22% 33.87% 21.78% 18.09% 19.30% 15.03%
Indiabulls Tax Savings Fund 8.22%₹ 10,822 9.38%₹ 10,938 15.66%₹ 11,566 16.41%₹ 11,640 30.99%₹ 13,925 10.98%₹ 12,316 19.23%₹ 28,970 15.04%₹ 15,223 15.23%₹ 45,124 12.43%₹ 17,973 15.11%₹ 87,576 - -
Quant Tax Plan 10.98%₹ 11,097 10.66%₹ 11,066 25.51%₹ 12,550 20.11%₹ 12,010 44.91%₹ 14,746 18.19%₹ 13,967 27.12%₹ 31,104 32.57%₹ 23,296 25.50%₹ 52,080 28.49%₹ 35,047 32.25%₹ 1,32,297 24.71%₹ 91,160 24.06%₹ 4,29,094
Kotak Tax Saver Fund 6.55%₹ 10,655 5.21%₹ 10,520 14.53%₹ 11,453 18.33%₹ 11,832 28.41%₹ 13,771 14.15%₹ 13,030 20.55%₹ 29,324 20.82%₹ 17,637 18.16%₹ 47,040 17.70%₹ 22,595 19.95%₹ 98,576 17.42%₹ 49,873 15.98%₹ 2,77,400
Mirae Asset Tax Saver Fund 7.95%₹ 10,795 5.27%₹ 10,527 16.12%₹ 11,612 18.69%₹ 11,868 30.83%₹ 13,916 11.11%₹ 12,344 19.69%₹ 29,093 19.65%₹ 17,129 16.56%₹ 45,990 18.64%₹ 23,512 20.05%₹ 98,834 - -
IDFC Tax Advantage (elss) Fund 6.98%₹ 10,698 4.82%₹ 10,482 15.88%₹ 11,587 21.98%₹ 12,198 32.32%₹ 14,005 15.59%₹ 13,361 22.34%₹ 29,806 25.55%₹ 19,789 20.36%₹ 48,517 19.16%₹ 24,035 23.45%₹ 1,07,298 17.86%₹ 51,811 17.30%₹ 2,97,796
BOI AXA Tax Advantage Fund 11.40%₹ 11,139 11.62%₹ 11,161 24.13%₹ 12,412 27.45%₹ 12,745 45.80%₹ 14,797 15.23%₹ 13,277 27.85%₹ 31,305 23.87%₹ 19,007 22.21%₹ 49,781 22.90%₹ 28,056 24.74%₹ 1,10,676 18.07%₹ 52,742 18.33%₹ 3,14,821

Portfolio Holdings

Portfolio holdings pattern of Indiabulls Tax Savings Fund as on 08 Dec 2023 are listed below:

  • Equity Holdings:

    80.67%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    19.33%

Top Sector Holdings of Indiabulls Tax Savings Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 25.62% ₹ 9.60 Cr.
Refineries/Marketing 6.88% ₹ 2.58 Cr.
Computers - Software 6.64% ₹ 2.49 Cr.
Passenger/Utility vehicles 4.61% ₹ 1.72 Cr.
Cement 4.44% ₹ 1.67 Cr.
Others 51.81% -

Top Stock Holdings of Indiabulls Tax Savings Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 7.85% ₹ 2.94 Cr.
HDFC Bank Ltd. 7.66% ₹ 2.87 Cr.
Reliance Industries Ltd. 6.88% ₹ 2.58 Cr.
ITC Limited 4.37% ₹ 1.64 Cr.
Axis Bank Ltd. 4.15% ₹ 1.56 Cr.
Others 69.09% -

Other Holdings

Holding TypeHolding Percentage
MF Units 15.96%
TREPS 2.93%
Net Receivables 0.44%