Produced by: Basudha Das
Designed by: Mohsin Shaikh
Equity-linked savings schemes or ELSS funds are equity funds that invest a major portion of their corpus into equity or equity-related instruments. ELSS funds are tax-saving schemes as they offer tax exemption of up to Rs 150,000 under Section 80C of the Income Tax Act
SBI Long Term Equity Fund Direct Plan-Growth has Rs 15,587 crores worth of assets under management (AUM) as on 30/06/2023. It was launched in 2013
SBI Long Term Equity Fund Direct Plan-Growth returns of last 1-year are 36.87%. Since launch, it has delivered 15.27% average annual returns
The fund has mainly invested in Financial, Energy, Healthcare, Automobile, Technology sectors. The net asset value, as of September 26, is Rs 311.88
SBI Long Term Equity Fund's top 5 holdings are in ICICI Bank Ltd, HDFC Bank Ltd, Larsen & Toubro Ltd, Mahindra & Mahindra Ltd, Bharti Airtel Ltd
Motilal Oswal Long Term Equity Fund Direct-Growth has Rs 2,535 crores worth of assets under management (AUM) as on June 30, 2023. It was launched in December 2014
Motilal Oswal Long Term Equity Fund Direct-Growth returns of last 1-year are 32.08%. Since launch, it has delivered 16.10% average annual returns
The fund has mainly invested in Financial, Healthcare, Services, Technology, Capital Goods sectors. The net asset value, as of September 26, is Rs 36.54
Motilal Oswal Long Term Equity Fund's top 5 holdings are in Trent Ltd, Infosys Ltd, Global Health Ltd, ICICI Bank Ltd, Mankind Pharma Ltd
HDFC Taxsaver Direct Plan-Growth has Rs 11,286 Crores worth of assets under management (AUM) as on June 30, 2023. It was launched in 2013
HDFC Taxsaver Direct Plan-Growth returns of the last 1-year are 22.50%. Since launch, it has delivered 14.11% average annual returns
The fund has mainly invested in Financial, Technology, Healthcare, Energy, Automobile sectors. The net asset value, as of September 26, is Rs 1,016.91
HDFC TaxSaver's top 5 holdings are in ICICI Bank Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, Hindustan Aeronautics Ltd, National Thermal Power Corp. Ltd
Business Today provides mutual fund news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions