Fund Performance
Lumpsum
SIP
15.04
as on 07 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,223 today.
NAV Performance
Fund Information
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₹ 16.320
as on 07 Dec 2023 -
Regular - Growth
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-
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₹ 500
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₹ 36 Cr.
as on 31 May 2023 -
2.25%
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28 Dec 2017
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S&P BSE 500 TRI
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Indiabulls Mutual Fund
Show All Funds -
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
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About Karan Singh
Mr. 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.
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About Anupam Tiwari
Anupam 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
Top Sector Holdings of Indiabulls Tax Savings Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| MF Units | 15.96% |
| TREPS | 2.93% |
| Net Receivables | 0.44% |