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Reliance Tax Saver Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 58.5015 -0.75%
    (as on 14th June, 2019)
Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Moderately High

Fund has 97.46% investment in indian stocks of which 53.65% is in large cap stocks, 26.47% is in mid cap stocks, 17.16% in small cap stocks.Fund has 0.68% investment in Debt of which , 0.68% in funds invested in very low risk securities..

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 14th June, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 07-Jun-19 9916.52 -0.83% - -0.76% 40/64
1 Month 14-May-19 10533.75 5.34% - 5.34% 31/64
3 Month 14-Mar-19 10184.13 1.84% - 2.07% 40/64
6 Month 14-Dec-18 10349.72 3.50% - 5.71% 49/63
YTD 01-Apr-19 9872.59 -1.27% - 0.10% 39/64
1 Year 14-Jun-18 9783.56 -2.16% -2.16% 0.43% 46/60
2 Year 14-Jun-17 9828.73 -1.71% -0.86% 5.59% 49/51
3 Year 14-Jun-16 12733.50 27.33% 8.39% 12.94% 45/45
5 Year 13-Jun-14 16071.66 60.72% 9.94% 12.67% 29/33
10 Year - - - - 14.65% -/-
Since Inception 02-Jan-13 23512.61 135.13% 14.18% - -/-

SIP Returns (NAV as on 14th Jun,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 14-Jun-18 12000 12324.35 2.70 % 5.04 %
2 years 14-Jun-17 24000 23218.02 -3.26 % -3.15 %
3 years 14-Jun-16 36000 36809.54 2.25 % 1.45 %
5 years 14-Jun-14 60000 68530.3 14.22 % 5.26 %
 

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 May,2019)

Equity Holding : 97.46% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.46%
No of Stocks : 51 (Category Avg - 44.48) | Large Cap Investments : 53.65%| Mid Cap Investments : 26.47% | Small Cap Investments : 17.16% | Other : 0.18%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
State Bank Of India Banks 9200.3 8.43% 1.14% 7.29% (Apr 2019) 7.29% (Apr 2019) 2.61 Cr 9.00 L
Tata Steel Ltd. Steel 6943.6 6.36% 0.18% 5.79% (Mar 2019) 5.79% (Mar 2019) 1.42 Cr 23.40 L
Infosys Ltd. Computers - software 5511 5.05% 0.63% 0.37% (Jun 2018) 0.37% (Aug 2018) 74.70 L 11.70 L
ICICI Bank Ltd. Banks 5491.2 5.03% 0.17% 2.01% (Jan 2019) 2.01% (Jan 2019) 1.30 Cr 1.80 L
ABB India Ltd. Power equipment 5225.8 4.79% 0.19% 3.46% (Jun 2018) 3.46% (Jun 2018) 33.30 L 0.00
Honeywell Automation India Ltd. Industrial electronics 5214.6 4.78% 0.23% 3.89% (Jun 2018) 3.89% (Jun 2018) 2.03 L 0.00
Tata Motors Ltd. Passenger/utility vehicles 4660.2 4.27% -0.77% 4.27% (May 2019) 4.27% (May 2019) 2.70 Cr 18.00 L
TVS Motor Company Ltd. Motor cycles/scooters 4214.5 3.86% -0.14% 3.77% (Mar 2019) 3.77% (Mar 2019) 87.93 L 90.00 k
Bank Of Baroda Banks 3957.5 3.63% 0.79% 1.54% (Jun 2018) 1.54% (Jun 2018) 2.97 Cr 36.00 L
Larsen & Toubro Ltd. Engineering, designing, construction 3784.9 3.47% 0.41% 0.69% (Jun 2018) 0.69% (Jun 2018) 24.30 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 1 (Category Avg - 0.12) | Modified Duration 0.39 Years (Category Avg - 1.90)| Yield to Maturity - -- (Category Avg - 7.87%)

Type of Holdings

Security Type
% Weight
Category Average
CD 0.68% 0.01%
T-Bills 0.00% 0.01%
NCD & Bonds 0.00% 0.00%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.00% 0.00%
Low Risk 0.68% 0.01%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
Reverse Repo Reverse Repo 2.11%
Call Call 0.00%
Net Receivables Net Receivables -0.25%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2019)

  • Standard Deviation

    High volatility
    16.01vs9.47
    Category Avg
  • Beta

    High volatility
    1.14vs0.67
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.23vs0.34
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.03vs0.05
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -4.57vs-0.27
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Kotak Tax Saver Scheme - Direct Plan - Growth 4 934.61 6.38 5.66 10.11 11.62 15.91
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 982.77 6.84 5.05 9.14 10.98 15.34
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 2111.58 6.62 4.01 8.63 10.65 20.91
Tata India Tax Savings Fund - Direct Plan - Growth NA 1873.40 7.29 5.57 11.63 8.96 15.52
DSP Tax Saver Fund - Direct Plan - Growth 3 5642.77 5.64 3.81 9.77 7.45 14.75
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 6424.90 3.77 3.81 7.45 7.10 13.49
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 2 476.90 6.69 5.44 8.98 6.40 10.97
DHFL Pramerica Tax Plan - Direct Plan - Growth NA 34.69 5.96 4.78 9.36 5.36 14.36
DHFL Pramerica Long Term Equity Fund - Direct Plan - Growth 4 335.95 5.73 4.43 8.96 5.22 14.30
JM Tax Gain Fund - (Direct) - Growth 3 32.67 6.90 4.72 8.51 5.11 16.56

More Funds from Reliance Mutual Fund

Out of 187 mutual fund schemes offered by this AMC, 5 is/are ranked 5 * , 2 is/are ranked 4 * , 9 is/are ranked 3 * , 7 is/are ranked 2 * , 4 is/are ranked 1 * , and 160 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Reliance Liquid Fund - Direct Plan - Growth 3 31841.33 0.65 1.91 3.74 7.68 7.23
Reliance Large Cap Fund - Direct Plan - Growth 5 13170.35 4.71 2.90 8.40 10.26 16.58
Reliance Equity Hybrid Fund - Direct Plan - Growth 2 11257.05 6.59 0.91 3.97 0.44 11.18
Reliance Tax Saver Fund - Direct Plan - Growth 1 10914.29 5.34 1.84 3.50 -2.16 8.39
Reliance Multicap Fund - Direct Plan - Growth 5 10687.46 4.47 1.15 5.12 9.41 13.35
Reliance Arbitrage Fund - Direct Plan - Growth 5 8534.74 0.80 2.17 3.74 7.48 7.12
Reliance Credit Risk - Direct Plan- Growth 2 8533.99 0.90 -1.02 1.59 5.68 7.40
Reliance Small Cap Fund - Direct Plan - Growth 3 8437.61 3.85 -0.54 0.86 -7.84 15.95
Reliance Growth Fund - Direct Plan - Growth 4 6857.99 4.28 2.35 5.72 1.11 12.64
Reliance Short Term Fund - Direct Plan - Growth 3 6585.28 1.25 2.38 5.08 9.19 7.73

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