ELSS - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
(as on June 30, 2023)
SCHEME OBJECTIVE | ELSS seeking to provide long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized. |
DATE OF ALLOTMENT | March 31, 1993 |
BENCHMARK | S&P BSE 500 Index TRI |
FUND MANAGER | 1) Mr. Vishal Mishra 2) Mr. Shridatta Bhandwaldar |
TOTAL EXPERIENCE | 1) 18 Years 2) 15 Years |
MANAGING THIS FUND | 1) Since 26-June-21 2) Since 01-Oct-19 |
ASSET ALLOCATION | Equity and equity related instruments - 80% to 100% (Risk- High) Money Market instruments- 0% to 20% (Risk- Low) |
MINIMUM INVESTMENT | ₹ 500 and in multiples of ₹ 1 thereafter Subsequent purchases: Minimum amount of ₹ 500 and multiples of ₹ 1 thereafter SIP: For Any date/monthly frequency – ₹ 500 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter STP: For Daily/Weekly/Monthly frequency – ₹ 500 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter SWP: For monthly frequency – ₹ 500 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 1000 and in multiples of ₹ 1 thereafter |
PLANS / OPTIONS | Regular Plan - Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Growth Option Direct Plan Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Growth Option |
ENTRY LOAD | Nil |
EXIT LOAD | Nil |
EXPENSE RATIO^: |
Regular Plan : 1.75% Direct Plan : 0.56% |
Monthend AUM# | ₹ 5,749.92 Crores |
Monthly AVG AUM | ₹ 5,591.79 Crores |
(as on June 30, 2023) | (₹) |
Direct Plan - Growth Option | 137.6000 |
Regular Plan - Growth Option | 126.0800 |
Regular Plan - IDCW (Payout) | 39.2300 |
Direct Plan - IDCW (Payout) | 62.0700 |
Standard Deviation | 13.03 |
Portfolio Beta | 0.85 |
Portfolio Turnover Ratio | 0.21 times |
R-Squared | 0.89 |
Sharpe Ratio | 1.32 |
Name of the Instruments |
% to NAV |
Equities |
96.96 |
Listed |
96.96 |
Banks |
23.12 |
HDFC Bank Ltd |
6.66 |
ICICI Bank Ltd |
6.54 |
State Bank of India |
3.58 |
Axis Bank Ltd |
2.54 |
IndusInd Bank Ltd |
1.51 |
Kotak Mahindra Bank Ltd |
1.31 |
Federal Bank Ltd |
0.98 |
Finance |
9.16 |
Housing Development Finance Corporation Ltd |
3.83 |
Bajaj Finance Ltd |
2.90 |
Cholamandalam Investment and Finance Co Ltd |
1.60 |
SBI Cards and Payment Services Ltd |
0.83 |
IT - Software |
9.10 |
Infosys Ltd |
5.37 |
Tata Consultancy Services Ltd |
2.85 |
Mphasis Ltd |
0.47 |
Coforge Ltd |
0.41 |
Petroleum Products |
5.77 |
Reliance Industries Ltd |
5.26 |
Bharat Petroleum Corporation Ltd |
0.51 |
Diversified Fmcg |
3.98 |
Hindustan Unilever Ltd |
2.06 |
ITC Ltd |
1.92 |
Auto Components |
3.86 |
Samvardhana Motherson International Ltd |
1.10 |
Schaeffler India Ltd |
1.10 |
Uno Minda Ltd |
0.91 |
Sona Blw Precision Forgings Ltd |
0.75 |
Automobiles |
3.37 |
Tata Motors Ltd |
1.43 |
Bajaj Auto Ltd |
1.00 |
Maruti Suzuki India Ltd |
0.94 |
Pharmaceuticals & Biotechnology |
3.25 |
Sun Pharmaceutical Industries Ltd |
1.49 |
J.B. Chemicals & Pharmaceuticals Ltd |
1.06 |
Abbott India Ltd |
0.55 |
Mankind Pharma Ltd |
0.15 |
Transport Services |
3.01 |
Blue Dart Express Ltd |
1.08 |
Interglobe Aviation Ltd |
0.91 |
Container Corporation Of India Ltd |
0.55 |
TCI Express Ltd |
0.47 |
Cement & Cement Products |
2.96 |
Ultratech Cement Ltd |
1.95 |
J.K. Cement Ltd |
1.01 |
Telecom - Services |
2.29 |
Bharti Airtel Ltd |
2.29 |
Electrical Equipment |
2.27 |
ABB India Ltd |
1.52 |
Siemens Ltd |
0.75 |
Retailing |
2.22 |
Vedant Fashions Ltd |
1.12 |
Trent Ltd |
1.10 |
Chemicals & Petrochemicals |
2.21 |
Navin Fluorine International Ltd |
0.86 |
Vinati Organics Ltd |
0.68 |
Atul Ltd |
0.67 |
Healthcare Services |
2.00 |
Max Healthcare Institute Ltd |
1.35 |
Dr. Lal Path Labs Ltd |
0.65 |
Personal Products |
1.92 |
Godrej Consumer Products Ltd |
0.99 |
Dabur India Ltd |
0.93 |
Construction |
1.89 |
Larsen & Toubro Ltd |
1.89 |
Consumer Durables |
1.77 |
Titan Co Ltd |
0.86 |
Bata India Ltd |
0.67 |
Voltas Ltd |
0.24 |
Power |
1.44 |
NTPC Ltd |
1.44 |
Realty |
1.35 |
Oberoi Realty Ltd |
1.35 |
Agricultural, Commercial & Construction Vehicles |
1.31 |
Ashok Leyland Ltd |
1.31 |
Fertilizers & Agrochemicals |
1.27 |
PI Industries Ltd |
1.27 |
Insurance |
1.19 |
SBI Life Insurance Co Ltd |
0.61 |
ICICI Lombard General Insurance Co Ltd |
0.58 |
Aerospace & Defense |
1.12 |
Bharat Electronics Ltd |
1.12 |
Industrial Products |
1.06 |
KEI Industries Ltd |
1.06 |
Beverages |
0.98 |
United Spirits Ltd |
0.98 |
Textiles & Apparels |
0.85 |
Page Industries Ltd |
0.85 |
Leisure Services |
0.68 |
Indian Hotels Co Ltd |
0.68 |
Capital Markets |
0.63 |
Central Depository Services (India) Ltd |
0.63 |
Non - Ferrous Metals |
0.47 |
Hindalco Industries Ltd |
0.47 |
Ferrous Metals |
0.46 |
Tata Steel Ltd |
0.46 |
Money Market Instruments |
2.86 |
TREPS |
2.86 |
Net Current Assets |
0.18 |
Grand Total ( Net Asset) |
100.00 |
This product is suitable for investors who are seeking*: | |
|
|
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. |
$ Source ICRA MFI Explorer | #Monthend AUM / Quantitative Information as on 30.06.2023 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers.