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Indiabulls Tax Savings Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 9.58 0.42%
    (as on 11th August, 2020)
Crisil Rank

Not Ranked

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

Fund has 86.28% investment in indian stocks of which 56.32% is in large cap stocks, 11.37% is in mid cap stocks, 2.25% 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.

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Returns (NAV as on 10th August, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 03-Aug-20 10403.50 4.04% - 4.06% 20/63
1 Month 10-Jul-20 10541.40 5.41% - 6.04% 33/63
3 Month 08-May-20 11836.20 18.36% - 22.42% 54/63
6 Month 10-Feb-20 9289.20 -7.11% - -7.31% 31/63
YTD 01-Jan-20 9253.20 -7.47% - -4.23% 41/63
1 Year 09-Aug-19 10159.70 1.60% 1.59% 4.83% 40/62
2 Year 10-Aug-18 9665.70 -3.34% -1.68% -2.11% 32/59
Since Inception 28-Dec-17 9540.00 -4.60% -1.78% 8.00% 51/57

SIP Returns (NAV as on 10th August, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 09-Aug-19 12000 12377.33 3.14 % 5.86 %
2 Year 10-Aug-18 24000 24534.99 2.23 % 2.13 %
 

Tax Treatment

Portfolio (Updated on 31st Jul,2020)

Equity Holding : 86.28% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 86.28%
No of Stocks : 46 (Category Avg - 45.49) | Large Cap Investments : 56.32%| Mid Cap Investments : 11.37% | Small Cap Investments : 2.25% | Other : 16.34%

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
# Yes Bank Banks 59.8 7.45% 7.45% 0% (Aug 2020) 0% (Aug 2020) 50.00 L 50.00 L
# HDFC Bank Ltd. Banks 58.9 7.35% 0.00% 9.13% (Jul 2019) 7.51% (Mar 2020) 57.01 k 0.00
# Reliance Industries Ltd. Refineries/marketing 39.6 4.94% 0.00% 7.52% (Jul 2019) 4.75% (Mar 2020) 19.14 k -8.74 k
# HCL Technologies Limited Computers - software 34.6 4.31% 0.00% 3.78% (May 2020) 3.14% (Feb 2020) 49.00 k 0.00
# ICICI Bank Ltd. Banks 29.4 3.67% 0.00% 7.21% (Dec 2019) 2.41% (Jul 2019) 84.79 k 0.00
# Ultratech Cement Ltd. Cement 26.8 3.34% 0.00% 3.56% (May 2020) 2.99% (Dec 2019) 6.51 k 0.00
# Nestle India Ltd. Consumer food 24.8 3.09% 0.00% 3.74% (Mar 2020) 2.49% (Nov 2019) 1.50 k 0.00
# Axis Bank Ltd. Banks 24.6 3.07% 0.00% 3.3% (Dec 2019) 2.23% (Mar 2020) 56.92 k 0.00
# Larsen & Toubro Ltd. Engineering, designing, construction 23.7 2.95% 0.00% 4.57% (Jul 2019) 3.17% (Apr 2020) 25.90 k 0.00
# Infosys Ltd. Computers - software 23.5 2.94% 0.00% 4.1% (Mar 2020) 0.03% (Oct 2019) 24.37 k -0.17 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 5.86%
MF Units MF Units 4.52%
Net Receivables Net Receivables 3.34%

Risk Ratios

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

  • Standard Deviation

    High volatility
    20.95vs18.59
    Category Avg
  • Beta

    High volatility
    0.97vs0.79
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    -0.29vs-0.07
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    -0.06vs-0.02
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -7.23vs-1.87
    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 12.07 16.56 36.92 15.58 26.41 9.61
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 283.93 9.27 20.55 -1.27 20.92 9.22
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 54.62 9.37 29.61 5.96 16.30 0.00
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 1088.76 7.62 20.07 -3.16 12.62 9.82
Shriram Long Term Equity Fund - Direct Plan - Growth NA 27.26 5.35 18.83 -1.64 11.62 0.00
Mirae Asset Tax Saver Fund - Direct Plan - Growth 4 3857.79 6.25 25.73 -2.81 9.71 9.45
Union Long Term Equity Fund - Direct Plan - Growth 3 263.30 6.23 22.06 -2.81 9.11 5.81
Aditya Birla Sun Life Tax Relief 96 - Direct Plan - Growth 4 10382.69 4.12 16.60 -6.15 8.84 5.63
UTI Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 1297.37 6.12 21.66 -6.70 8.71 4.77
Invesco India Tax Plan - Direct Plan - Growth 4 1074.62 5.38 19.22 -6.52 7.93 7.63

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 263.00 0.16 0.66 1.91 0.00 0.00
Indiabulls Liquid Fund - Direct Plan - Growth - Unclaimed Redemption> 3Yrs NA 263.00 0.25 0.79 2.11 0.00 0.00
Indiabulls Liquid Fund - Direct Plan - Growth - Unclaimed Redemption < 3 Yrs NA 263.00 0.26 0.80 2.12 0.00 0.00
Indiabulls Liquid Fund - Direct Plan - Growth - Unclaimed Dividend > 3 Yrs NA 263.00 0.26 0.80 2.13 0.00 0.00
Indiabulls Liquid Fund - Direct Plan - Growth 1 263.00 0.26 0.80 2.12 4.95 6.47
Indiabulls Overnight Fund - Direct Plan - Growth NA 188.50 0.26 0.74 1.61 4.12 0.00
Indiabulls Bluechip Fund - Direct Plan - Growth 2 132.15 4.75 19.25 -9.37 1.10 4.86
Indiabulls Tax Savings Fund - Direct Plan - Growth NA 80.15 5.86 19.15 -7.35 2.01 0.00
Indiabulls Banking & PSU Debt Fund - Direct Plan - Growth NA 44.03 0.49 1.61 2.83 6.60 0.00
Indiabulls Income Fund - Direct Plan - Growth 2 33.14 0.27 2.74 5.46 8.64 8.91

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