172@29@16@12!~!172@29@0@53!~!|commonstore|commonfiles|moneycontrol_header.php?cid=2&s_cid=0&radar_off=1&is_revamped_header=1&is_responsive=1&sec=&priceinter=0&frommc=1!~!www|moneycontrol|com!~!|commonstore|commonfiles|moneycontrol_header.php!~!is_mobile=false
Moneycontrol
you are here:

Indiabulls Tax Savings Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 9.41 -0.84%
    (as on 22nd September, 2020)
Crisil Rank

Not Ranked

Rank not available for the fund
Risk-O-Meter
Moderately High

Fund has 86.2% investment in indian stocks of which 57.03% is in large cap stocks, 11.59% is in mid cap stocks, 2.55% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

This Scheme
VS
  • Benchmark
    S&P BSE 500 TRI
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • S&P BSE 500 TRI : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 22nd September, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 15-Sep-20 9631.50 -3.69% - -3.57% 36/63
1 Month 21-Aug-20 9691.00 -3.09% - -2.29% 43/62
3 Month 22-Jun-20 10742.00 7.42% - 10.21% 46/63
6 Month 20-Mar-20 12236.70 22.37% - 27.23% 52/63
YTD 01-Jan-20 9127.10 -8.73% - -3.78% 51/63
1 Year 20-Sep-19 9721.10 -2.79% -2.77% 2.11% 43/62
2 Year 21-Sep-18 9936.60 -0.63% -0.32% -0.02% 30/59
Since Inception 28-Dec-17 9410.00 -5.90% -2.20% 8.02% 51/57

SIP Returns (NAV as on 22nd September, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 20-Sep-19 12000 12384.81 3.21 % 5.95 %
2 Year 21-Sep-18 24000 24418.59 1.74 % 1.67 %
 

Tax Treatment

Portfolio (Updated on 31st Aug,2020)

Equity Holding : 86.20% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 86.20%
No of Stocks : 47 (Category Avg - 45.75) | Large Cap Investments : 57.03%| Mid Cap Investments : 11.59% | Small Cap Investments : 2.55% | Other : 15.03%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 63.6 7.59% 0.24% 8.36% (Sep 2019) 7.35% (Jul 2020) 57.01 k 0.00
Yes Bank Banks 48.8 5.82% -1.63% 7.45% (Jul 2020) 0% (Sep 2019) 34.00 L -0.16 Cr
Reliance Industries Ltd. Refineries/marketing 39.8 4.75% -0.19% 7.46% (Nov 2019) 4.75% (Mar 2020) 19.14 k 0.00
HCL Technologies Limited Computers - software 34 4.06% -0.25% 4.31% (Jul 2020) 3.14% (Feb 2020) 49.00 k 0.00
ICICI Bank Ltd. Banks 33.5 3.99% 0.32% 7.21% (Dec 2019) 3.67% (Jul 2020) 84.79 k 0.00
Axis Bank Ltd. Banks 28.3 3.37% 0.30% 3.37% (Aug 2020) 2.23% (Mar 2020) 56.92 k 0.00
Ultratech Cement Ltd. Cement 25.4 3.03% -0.31% 3.56% (May 2020) 2.99% (Dec 2019) 6.51 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 24.5 2.92% -0.03% 4.56% (Sep 2019) 2.92% (Aug 2020) 25.90 k 0.00
Nestle India Ltd. Consumer food 23.9 2.86% -0.23% 3.74% (Mar 2020) 2.49% (Nov 2019) 1.50 k 0.00
Infosys Ltd. Computers - software 22.6 2.70% -0.24% 4.1% (Mar 2020) 0.03% (Oct 2019) 24.37 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 7.34%
MF Units MF Units 4.45%
Net Receivables Net Receivables 2.01%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st August, 2020)

  • Standard Deviation

    High volatility
    18.41vs16.25
    Category Avg
  • Beta

    High volatility
    0.94vs0.76
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    -0.25vs-0.06
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    -0.05vs-0.02
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -6.51vs-1.68
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth NA 14.50 -0.34 21.92 64.04 27.59 8.96
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 298.69 0.09 15.15 29.64 18.10 6.84
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 61.03 1.86 18.23 39.56 17.15 0.00
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 1122.05 0.08 14.14 28.95 12.55 9.37
Mirae Asset Tax Saver Fund - Direct Plan - Growth 4 4181.07 -1.05 12.26 33.94 7.70 8.12
Invesco India Tax Plan - Direct Plan - Growth 4 1112.86 -0.76 9.22 26.26 7.00 6.56
Union Long Term Equity Fund - Direct Plan - Growth 3 272.16 -2.29 9.89 29.23 5.75 4.15
Shriram Long Term Equity Fund - Direct Plan - Growth NA 28.02 -3.02 7.17 22.28 5.11 0.00
Aditya Birla Sun Life Tax Relief 96 - Direct Plan - Growth 4 11000.67 -1.79 6.53 25.33 4.59 3.82
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 5 456.81 -2.49 7.90 21.31 4.35 4.14

More Funds from Indiabulls Mutual Fund

Out of 18 mutual fund schemes offered by this AMC, 2 is/are ranked 3 * , 4 is/are ranked 2 * , 1 is/are ranked 1 * , and 11 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Indiabulls Liquid Fund - Direct Plan - Growth - Unclaimed Dividend < 3 Yrs NA 268.81 0.28 0.64 1.75 0.00 0.00
Indiabulls Liquid Fund - Direct Plan - Growth - Unclaimed Redemption> 3Yrs NA 268.81 0.25 0.76 1.89 0.00 0.00
Indiabulls Liquid Fund - Direct Plan - Growth - Unclaimed Redemption < 3 Yrs NA 268.81 0.25 0.77 1.91 0.00 0.00
Indiabulls Liquid Fund - Direct Plan - Growth - Unclaimed Dividend > 3 Yrs NA 268.81 0.24 0.77 1.90 0.00 0.00
Indiabulls Liquid Fund - Direct Plan - Growth 1 268.81 0.25 0.77 1.91 4.64 6.33
Indiabulls Overnight Fund - Direct Plan - Growth NA 173.77 0.25 0.75 1.44 3.86 0.00
Indiabulls Bluechip Fund - Direct Plan - Growth 2 134.70 -3.28 6.66 20.12 -3.88 2.57
Indiabulls Tax Savings Fund - Direct Plan - Growth NA 83.80 -3.09 7.42 22.37 -2.77 0.00
Indiabulls Equity Hybrid Fund - Direct Plan - Growth NA 31.74 -1.65 6.96 17.78 -0.02 0.00
Indiabulls Income Fund - Direct Plan - Growth 2 25.53 0.35 1.31 4.87 8.65 8.72

Forum

+ See More