Indiabulls Tax Savings Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | ELSS (Tax Saving) Fund | |||||
BMSMONEY Rank | 24 | |||||
BMSMONEY Rating | ||||||
Gro. Opt. | As On: | 26-07-2024 | ||||
NAV | ₹20.32(R) | +1.5% | ₹22.68(D) | +1.52% | ||
Returns | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum (R) | 37.76% | 17.9% | 16.92% | -% | -% | |
LumpSum (D) | 39.74% | 19.86% | 19.16% | -% | -% | |
SIP (R) | 43.71% | 25.15% | 20.49% | -% | -% | |
SIP (D) | 45.93% | 27.07% | 22.65% | -% | -% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
0.8 | 0.42 | 0.84 | -1.0% | 0.11 | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
12.61% | -13.13% | -11.56% | 0.93 | 8.79% |
NAV Date: 26-07-2024
Scheme Name | NAV | Rupee Change | Percent Change |
---|---|---|---|
Indiabulls Tax Savings Fund- Regular Plan- - Income Distribution cum capital withdrawal Option (Payout) | 20.32 |
0.3000
|
1.5000%
|
Indiabulls Tax Savings Fund-Regular Plan-Growth Option | 20.32 |
0.3000
|
1.5000%
|
Indiabulls Tax Savings Fund- Direct Plan- Dividend Option | 22.65 |
0.3400
|
1.5200%
|
Indiabulls Tax Savings Fund- Direct Plan- Growth Option | 22.68 |
0.3400
|
1.5200%
|
Review Date: 26-07-2024
Indiabulls Tax Savings Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 24 out of 35 funds in the category. The fund has delivered return of 37.76% in 1 year, 17.9% in 3 years and 16.92% in 5 years. The category average for the same periods is 39.91%, 20.18% and 21.58% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 12.61, VaR of -13.13, Average Drawdown of -5.95, Semi Deviation of 8.79 and Max Drawdown of -11.56. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has low risk in the category.Key Points:
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 2.01 |
3.56
|
1.50 | 6.29 | 34 | 35 | Poor | |
3M Return % | 9.48 |
11.56
|
8.82 | 16.41 | 31 | 35 | Poor | |
6M Return % | 15.39 |
20.14
|
15.39 | 27.68 | 35 | 35 | Poor | |
1Y Return % | 37.76 |
39.91
|
24.44 | 56.46 | 18 | 35 | Good | |
3Y Return % | 17.90 |
20.18
|
11.54 | 28.89 | 25 | 33 | Average | |
5Y Return % | 16.92 |
21.58
|
15.49 | 35.49 | 30 | 32 | Poor | |
1Y SIP Return % | 43.71 |
48.01
|
33.64 | 64.79 | 24 | 35 | Average | |
3Y SIP Return % | 25.15 |
28.05
|
20.20 | 39.75 | 25 | 33 | Average | |
5Y SIP Return % | 20.49 |
24.53
|
17.21 | 36.79 | 29 | 32 | Poor | |
Standard Deviation | 12.61 |
12.71
|
9.99 | 16.36 | 17 | 33 | Good | |
Semi Deviation | 8.79 |
9.01
|
7.16 | 11.67 | 16 | 33 | Good | |
Max Drawdown % | -11.56 |
-12.33
|
-22.81 | -6.28 | 16 | 33 | Good | |
VaR 1 Y % | -13.13 |
-14.08
|
-20.17 | -11.38 | 10 | 33 | Good | |
Average Drawdown % | -5.95 |
-5.57
|
-11.96 | -2.58 | 25 | 33 | Average | |
Sharpe Ratio | 0.80 |
0.95
|
0.28 | 1.59 | 25 | 33 | Average | |
Sterling Ratio | 0.84 |
0.93
|
0.36 | 1.67 | 24 | 33 | Average | |
Sortino Ratio | 0.42 |
0.51
|
0.17 | 0.91 | 26 | 33 | Average | |
Jensen Alpha % | -1.00 |
2.63
|
-8.40 | 13.97 | 30 | 33 | Poor | |
Treynor Ratio | 0.11 |
0.14
|
0.04 | 0.23 | 27 | 33 | Average | |
Modigliani Square Measure % | 18.80 |
20.91
|
10.22 | 30.40 | 25 | 33 | Average | |
Alpha % | -2.35 |
0.58
|
-7.65 | 12.32 | 27 | 33 | Average |
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 2.12 | 3.65 | 1.60 | 6.34 | 34 | 35 | ||
3M Return % | 9.94 | 11.86 | 9.08 | 16.66 | 30 | 35 | ||
6M Return % | 16.31 | 20.78 | 16.31 | 28.51 | 35 | 35 | ||
1Y Return % | 39.74 | 41.42 | 26.33 | 58.34 | 18 | 35 | ||
3Y Return % | 19.86 | 21.54 | 12.42 | 29.75 | 24 | 33 | ||
5Y Return % | 19.16 | 22.94 | 16.48 | 37.72 | 29 | 32 | ||
1Y SIP Return % | 45.93 | 49.61 | 35.65 | 65.93 | 23 | 35 | ||
3Y SIP Return % | 27.07 | 29.41 | 21.08 | 40.65 | 23 | 33 | ||
5Y SIP Return % | 22.65 | 25.87 | 18.11 | 38.88 | 28 | 32 | ||
Standard Deviation | 12.61 | 12.71 | 9.99 | 16.36 | 17 | 33 | ||
Semi Deviation | 8.79 | 9.01 | 7.16 | 11.67 | 16 | 33 | ||
Max Drawdown % | -11.56 | -12.33 | -22.81 | -6.28 | 16 | 33 | ||
VaR 1 Y % | -13.13 | -14.08 | -20.17 | -11.38 | 10 | 33 | ||
Average Drawdown % | -5.95 | -5.57 | -11.96 | -2.58 | 25 | 33 | ||
Sharpe Ratio | 0.80 | 0.95 | 0.28 | 1.59 | 25 | 33 | ||
Sterling Ratio | 0.84 | 0.93 | 0.36 | 1.67 | 24 | 33 | ||
Sortino Ratio | 0.42 | 0.51 | 0.17 | 0.91 | 26 | 33 | ||
Jensen Alpha % | -1.00 | 2.63 | -8.40 | 13.97 | 30 | 33 | ||
Treynor Ratio | 0.11 | 0.14 | 0.04 | 0.23 | 27 | 33 | ||
Modigliani Square Measure % | 18.80 | 20.91 | 10.22 | 30.40 | 25 | 33 | ||
Alpha % | -2.35 | 0.58 | -7.65 | 12.32 | 27 | 33 |
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | 1.50 | ₹ 10,150.00 | 1.52 | ₹ 10,152.00 |
1W | 0.69 | ₹ 10,069.00 | 0.71 | ₹ 10,071.00 |
1M | 2.01 | ₹ 10,201.00 | 2.12 | ₹ 10,212.00 |
3M | 9.48 | ₹ 10,948.00 | 9.94 | ₹ 10,994.00 |
6M | 15.39 | ₹ 11,539.00 | 16.31 | ₹ 11,631.00 |
1Y | 37.76 | ₹ 13,776.00 | 39.74 | ₹ 13,974.00 |
3Y | 17.90 | ₹ 16,387.00 | 19.86 | ₹ 17,221.00 |
5Y | 16.92 | ₹ 21,849.00 | 19.16 | ₹ 24,025.00 |
7Y | ₹ | ₹ | ||
10Y | ₹ | ₹ | ||
15Y | ₹ | ₹ |
Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.
Investment Period | Invested Amount | Regular | Direct | ||
---|---|---|---|---|---|
XIRR % | Current Value of Invested Amount | XIRR % | Current Value of Invested Amount | ||
1Y | ₹ 12000 | 43.71 | ₹ 14,673.70 | 45.93 | ₹ 14,802.76 |
3Y | ₹ 36000 | 25.15 | ₹ 51,828.08 | 27.07 | ₹ 53,196.41 |
5Y | ₹ 60000 | 20.49 | ₹ 99,876.78 | 22.65 | ₹ 105,229.80 |
7Y | ₹ 84000 | ₹ | ₹ | ||
10Y | ₹ 120000 | ₹ | ₹ | ||
15Y | ₹ 180000 | ₹ | ₹ |
Date | NAV Regular Growth | NAV Direct Growth |
---|---|---|
26-07-2024 | 20.32 | 22.68 |
25-07-2024 | 20.02 | 22.34 |
24-07-2024 | 20.08 | 22.41 |
23-07-2024 | 20.05 | 22.38 |
22-07-2024 | 20.18 | 22.52 |
19-07-2024 | 20.05 | 22.37 |
18-07-2024 | 20.42 | 22.78 |
16-07-2024 | 20.38 | 22.74 |
15-07-2024 | 20.42 | 22.78 |
12-07-2024 | 20.35 | 22.7 |
11-07-2024 | 20.21 | 22.54 |
10-07-2024 | 20.18 | 22.51 |
09-07-2024 | 20.34 | 22.69 |
08-07-2024 | 20.28 | 22.62 |
05-07-2024 | 20.41 | 22.76 |
04-07-2024 | 20.39 | 22.73 |
03-07-2024 | 20.29 | 22.62 |
02-07-2024 | 20.15 | 22.46 |
01-07-2024 | 20.16 | 22.48 |
28-06-2024 | 19.96 | 22.25 |
27-06-2024 | 20.0 | 22.3 |
26-06-2024 | 19.92 | 22.21 |
Fund Launch Date: 21/Sep/2017 |
Fund Category: ELSS (Tax Saving) Fund |
Investment Objective: The investment objective of the Scheme is 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. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. |
Fund Description: ELSS |
Fund Benchmark: S&P BSE 500 Total Return Index |
Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.