Indiabulls Tax Savings Fund-Regular Plan-Growth Option
Fund House: Indiabulls Mutual Fund| Category: Equity: ELSS |
| Launch Date: 20-12-2017 |
| Asset Class: Equity |
| Benchmark: S&P BSE 500 TRI |
| Expense Ratio: 2.25% As on (28-02-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 41.66 Cr As on (31-08-2022) |
| Turn over: 59% | Exit Load: Nil |
13.61
0.03 (0.2204%)
6.69%
S&P BSE 500 TRI 11.4%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The Scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The scheme shall offer tax benefits under Section 80C of the Income Tax Act.
Current Asset Allocation (%)
Indicators
| Volatility | |
| Sharp Ratio | 0.58 |
| Alpha | -4.76 |
| Beta | 0.88 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name |
Inception
Date |
1 Year
Return(%) |
2 Year
Return(%) |
3 Year
Return(%) |
5 Year
Return(%) |
10 Year
Return(%) |
|---|---|---|---|---|---|---|
| Indiabulls Tax Savings Fund-Regular Plan-Growth Option | 20-12-2017 | 2.18 | 21.36 | 13.94 | - | - |
| Quant Tax Plan - Growth Option - Regular Plan | 01-04-2000 | 17.42 | 50.76 | 41.64 | 22.35 | 21.83 |
| HDFC Taxsaver - Growth Plan | 05-03-1996 | 11.35 | 32.11 | 18.44 | 9.78 | 13.98 |
| Parag Parikh Tax Saver Fund- Regular Growth | 08-07-2019 | 9.75 | 29.74 | 24.4 | - | - |
| IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 8.51 | 38.06 | 25.14 | 13.42 | 17.7 |
| Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth | 02-01-2013 | 8.37 | 31.53 | 21.71 | 11.72 | 16.88 |
| Franklin India Taxshield-Growth | 05-04-1999 | 7.94 | 33.76 | 18.77 | 11.22 | 15.34 |
| PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option | 11-12-2015 | 7.78 | 32.53 | 21.3 | 12.62 | - |
| Tata India Tax Savings Fund-Growth-Regular Plan | 13-10-2014 | 7.28 | 29.29 | 19.12 | 11.61 | - |
| Kotak Tax Saver-Scheme-Growth | 01-11-2005 | 7.08 | 31.83 | 21.65 | 13.14 | 15.55 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
2.41%
Others
18.23%
Large Cap
73.11%
Mid Cap
6.24%
Scheme Documents
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
