DSP Tax Saver – Direct Plan – Growth

This is a Tax Saver Mutual Fund (ELSS) scheme of DSP Mutual Fund. It is a mid-size scheme in its class, launched on January 1, 2013 and currently managed by fund managers Rohit Singhania and Charanjit Singh. It has an AUM of Rs 9,855.59 Crores and the latest reported NAV is Rs 80.664 as of 24th February 2022. The fund has an expense ratio of 0.87% which is lower than what most of the other ELSS funds. The fund is 99.18% invested in Indian equities.

The fund has returned 14.99% annualized under the Direct Plan-Growth program over the past year. The fund’s annualized returns over 2, 3 and 5 years are average compared to the average return for its category over the same period. However, the fund has delivered annualized returns of 17.04% since inception. The minimum SIP amount to be invested in this program is Rs 500.

SIP Returns

IDFC Tax Benefit (ELSS) – Direct Plan – Growth

This is a Tax Saver ELSS mutual fund scheme of IDFC Mutual Fund. It is a medium-sized fund in its category, launched on January 1, 2013, and currently managed by Daylynn Gerard Paul Pinto. It has an AUM of Rs 3,582.68 Crores and the Net Asset Value is Rs 98,340 as of February 24, 2022. The fund has an expense ratio of 0.67%, which is lower than what most other funds charge ELSS. The fund is 98.01% invested in Indian equities.

The Fund’s Direct Plan-Growth program over the past year has provided returns of 20.22%, while over the past 3 years it has provided annualized returns of 27.74%, which is greater than average for its category over the same period. Since inception, it has delivered average annual returns of 17.56%, which is better than the category average annual returns of 14.87%. The min. The amount of SIP to be invested in this program is Rs 500.

SIP Returns

Canara Robeco Equity Tax Saver – Direct Plan-Growth

This is a Tax Saver ELSS mutual fund scheme of Canara Robeco Mutual Fund. It opened with an above average quality mutual fund, launched on 02 January 2013, and is currently managed by Shridatta Bhandwaldar. It has an AUM of Rs 3,208.77 Crores and the Net Asset Value is Rs 115.82 as of February 24, 2022. The fund has an expense ratio of 0.93%, which is lower than most other ELSS funds charge and its category average expense ratio. The fund is 96.61% invested in Indian equities.

The Fund’s Direct Plan-Growth program over the past year has provided returns of 13.36%, while over the past 3 years it has provided annualized returns of 22.85%, which is greater than average for its category over the same period. Since its inception, it has given average annual returns of 15.87%, which is better than the average annual returns for the category. The min. The amount of SIP to be invested in this program is Rs 500.

SIP Returns

Mirae Asset Tax Saver Fund – Direct Plan-Growth

This is an ELSS mutual fund scheme of Mirae Asset Mutual Fund. It is a medium-sized open-ended program in its category, launched on January 1, 2013 and currently managed by Neelesh Surana. The fund has a value of Rs 10,072 crore in AUM and Net Asset Value of Rs 31,204 as of 24 February 2022. The expense ratio of the fund is 0.47%, which is below the average expense ratio for its category . The fund is 99.2% invested in Indian equities.

The fund has returned an average of 13% under the Direct Plan-Growth program over the past year. The fund’s annualized returns over 2, 3 and 5 years are better than the average returns for its category over the same investment period. In 3 years, it offers average returns of 22.40%. The fund has delivered annualized returns of 20.27% since inception. The minimum SIP amount to be invested in this program is Rs 500.

SIP Returns