Open App
you are here:

Indiabulls Tax Savings Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 14.29 2%
    (as on 04th October, 2022)
Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 81.76% investment in domestic equities of which 68.49% is in Large Cap stocks, 3.25% is in Mid Cap stocks, 2.41% 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 04th October, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 27-Sep-22 10106.10 1.06% - 2.01% 54/55
1 Month 02-Sep-22 9868.80 -1.31% - -0.46% 45/55
3 Month 04-Jul-22 10908.40 9.08% - 12.46% 52/55
6 Month 04-Apr-22 9903.00 -0.97% - 0.40% 35/55
YTD 31-Dec-21 10042.20 0.42% - 1.71% 36/55
1 Year 04-Oct-21 9903.00 -0.97% -0.97% 2.53% 39/55
2 Year 01-Oct-20 14839.00 48.39% 21.72% 30.51% 47/55
3 Year 04-Oct-19 14823.70 48.24% 14.01% 21.93% 52/54
Since Inception 28-Dec-17 14290.00 42.90% 7.77% 15.37% 51/51

SIP Returns (NAV as on 04th October, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 04-Oct-21 12000 12202.03 1.68 % 3.13 %
2 Year 01-Oct-20 24000 26639.85 11 % 10.38 %
3 Year 04-Oct-19 36000 45097.94 25.27 % 15.19 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Aug,2022)

Portfolio Turnover Ratio : 25.00%  |   Category average turnover ratio is 56.42%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 81.76% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 81.76%
No of Stocks : 33 (Category Avg - 46.50) | Large Cap Investments : 68.49%| Mid Cap Investments : 3.25% | Small Cap Investments : 2.41% | Other : 7.61%

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
ICICI Bank Ltd. Banks 34.6 8.31% 0.62% 8.31% (Aug 2022) 5.4% (Sep 2021) 39.00 k 0.00
Reliance Industries Ltd. Refineries/marketing 30.2 7.25% 0.33% 8.19% (Mar 2022) 5.72% (Nov 2021) 11.44 k 0.00
HDFC Bank Ltd. Banks 29.7 7.13% 0.22% 7.13% (Aug 2022) 5.22% (Sep 2021) 20.00 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 23.6 5.65% 0.31% 5.79% (Dec 2021) 4.81% (May 2022) 12.25 k 0.00
Infosys Ltd. Computers - software 20.9 5.02% -0.21% 7.26% (Mar 2022) 5.02% (Aug 2022) 14.00 k 0.00
State Bank Of India Banks 19.1 4.59% 0.01% 4.76% (Jan 2022) 3.49% (Sep 2021) 35.97 k 0.00
Tata Consultancy Services Ltd. Computers - software 13.8 3.31% -0.10% 3.78% (Mar 2022) 2.92% (Oct 2021) 4.29 k 0.00
Bharti Airtel Ltd. Telecom - services 13.6 3.26% 0.21% 3.33% (Jun 2022) 2.09% (Oct 2021) 18.70 k 0.00
Kotak Mahindra Bank Ltd. Banks 12.6 3.03% 0.16% 3.03% (Aug 2022) 2.45% (Dec 2021) 6.59 k 0.00
Hindustan Unilever Ltd. Diversified 11.3 2.71% 0.02% 3.27% (Jul 2022) 2.34% (Nov 2021) 4.24 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
MF Units MF Units 14.19%
TREPS TREPS 3.96%
Net Receivables Net Receivables 0.09%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2022)

  • Standard Deviation

    Low volatility
    18.75vs20.38
    Category Avg
  • Beta

    Low volatility
    0.85vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.31vs0.68
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.07vs0.16
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -5.47vs2.03
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 1787.29 0.47 17.77 3.34 12.81 42.22
HDFC Tax Saver Fund - Direct Plan - Growth 4 9787.51 -0.04 11.79 3.73 8.11 17.90
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 733.49 1.93 10.18 1.78 5.60 25.42
Kotak Tax Saver Fund - Direct Plan - Growth 4 2935.89 -0.69 12.12 -0.12 4.75 21.27
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3851.42 0.01 12.29 -0.93 4.26 25.58
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 5 415.69 -0.53 9.18 -2.87 3.66 20.91
Tata India Tax Savings Fund - Direct Plan - Growth 3 3118.97 -1.04 11.87 -1.06 3.55 18.72
Sundaram Tax Saving Fund - Direct Plan - Growth 3 969.37 -0.87 11.85 0.56 3.41 21.06
SBI Long Term Equity Fund - Direct Plan - Growth 4 11204.25 -1.34 10.34 1.45 2.70 19.99
Franklin India Taxshield Fund - Direct - Growth 3 4862.16 -0.59 11.61 -0.09 2.23 18.21

More Funds from Indiabulls Mutual Fund

Out of 9 mutual fund schemes offered by this AMC, 2 is/are ranked 3 * , 3 is/are ranked 2 * , 1 is/are ranked 1 * , and 3 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 1 306.40 0.44 1.28 2.26 3.93 3.89
Indiabulls Bluechip Fund - Direct Plan - Growth 2 98.61 -1.16 10.00 -1.66 -0.75 13.15
Indiabulls Tax Savings Fund - Direct Plan - Growth 3 41.66 -1.31 9.08 -0.97 -0.97 14.01
Indiabulls Overnight Fund - Direct Plan - Growth NA 40.45 0.42 1.24 2.25 3.93 3.58
Indiabulls Equity Hybrid Fund - Direct Plan - Growth NA 33.38 -0.45 8.40 -1.14 0.58 13.79
Indiabulls Dynamic Bond Fund - Direct Plan - Growth NA 25.27 0.07 1.33 0.83 2.35 4.89
Indiabulls Short Term Fund - Direct Plan - Growth 2 24.35 0.02 1.42 0.95 2.33 4.54
Indiabulls Arbitrage Fund - Direct Plan - Growth 2 13.21 0.37 0.83 1.57 3.08 3.40
Indiabulls Value Fund - Direct Plan - Growth 3 10.76 -1.98 8.23 -2.51 -0.80 17.15

Forum

+ See More