Indiabulls Tax Savings Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 24
BMSMONEY Rating
Gro. Opt. As On: 11-07-2024
NAV ₹20.21(R) +0.15% ₹22.54(D) +0.13%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 39.38% 18.03% 16.01% -% -%
LumpSum (D) 41.49% 19.98% 18.22% -% -%
SIP (R) 25.8% 23.05% 20.52% -% -%
SIP (D) 27.84% 24.97% 22.72% -% -%
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%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 11-07-2024

Scheme Name NAV Rupee Change Percent Change
Indiabulls Tax Savings Fund- Regular Plan- - Income Distribution cum capital withdrawal Option (Payout) 20.21
0.0300
0.1500%
Indiabulls Tax Savings Fund-Regular Plan-Growth Option 20.21
0.0300
0.1500%
Indiabulls Tax Savings Fund- Direct Plan- Dividend Option 22.51
0.0300
0.1300%
Indiabulls Tax Savings Fund- Direct Plan- Growth Option 22.54
0.0300
0.1300%

Review Date: 11-07-2024

Indiabulls Tax Savings Fund has exhibited 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 39.38% in 1 year, 18.03% in 3 years and 16.01% in 5 years. The category average for the same periods is 41.17%, 20.2% and 20.36% 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:

  1. An investment of ₹10,000 in Indiabulls Tax Savings Fund direct growth option would have grown to ₹14149.0 in 1 year, ₹17272.0 in 3 years and ₹23094.0 in 5 years as of today (11-07-2024).
  2. An SIP of ₹1,000 per month in Indiabulls Tax Savings Fund direct growth option would have grown to ₹13738.0 in 1 year, ₹51699.0 in 3 years and ₹105430.0 in 5 years as of today (11-07-2024).
  3. standard deviation of 12.61 and based on VaR one can expect to lose more than -13.13% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.8 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.95, Beta of 0.93 and Jensen's Alpha of -1.0% which exhibit poor performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.55
5.60
3.46 | 7.80 27 | 35 Average
3M Return % 9.84
12.16
6.01 | 19.30 29 | 35 Poor
6M Return % 16.55
19.63
13.45 | 28.78 26 | 35 Average
1Y Return % 39.38
41.17
25.14 | 60.19 17 | 35 Good
3Y Return % 18.03
20.20
10.89 | 28.40 25 | 33 Average
5Y Return % 16.01
20.36
14.28 | 33.92 28 | 31 Poor
1Y SIP Return % 25.80
28.19
14.07 | 46.90 19 | 35 Average
3Y SIP Return % 23.05
25.47
16.69 | 36.73 22 | 33 Average
5Y SIP Return % 20.52
24.44
16.54 | 37.72 27 | 31 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
Return data last Updated On : July 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.74 5.70 3.52 | 7.90 26 | 35
3M Return % 10.27 12.46 6.20 | 19.66 29 | 35
6M Return % 17.46 20.28 14.12 | 29.63 23 | 35
1Y Return % 41.49 42.70 27.05 | 61.85 17 | 35
3Y Return % 19.98 21.56 11.77 | 29.25 22 | 33
5Y Return % 18.22 21.71 15.27 | 36.14 27 | 31
1Y SIP Return % 27.84 29.66 14.76 | 48.76 19 | 35
3Y SIP Return % 24.97 26.84 17.57 | 37.63 21 | 33
5Y SIP Return % 22.72 25.81 17.47 | 39.89 26 | 31
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
Return data last Updated On : July 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.15 ₹ 10015.0 0.13 ₹ 10013.0
1W -0.98 ₹ 9902.0 -0.97 ₹ 9903.0
1M 4.55 ₹ 10455.0 4.74 ₹ 10474.0
3M 9.84 ₹ 10984.0 10.27 ₹ 11027.0
6M 16.55 ₹ 11655.0 17.46 ₹ 11746.0
1Y 39.38 ₹ 13938.0 41.49 ₹ 14149.0
3Y 18.03 ₹ 16444.0 19.98 ₹ 17272.0
5Y 16.01 ₹ 21008.0 18.22 ₹ 23094.0
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 25.803 ₹ 13614.756 27.8433 ₹ 13738.02
3Y ₹ 36000 23.0455 ₹ 50355.684 24.9655 ₹ 51699.456
5Y ₹ 60000 20.5167 ₹ 99947.04 22.7237 ₹ 105430.02
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
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
25-06-2024 19.89 22.17
24-06-2024 19.77 22.03
21-06-2024 19.72 21.98
20-06-2024 19.76 22.02
19-06-2024 19.74 22.0
18-06-2024 19.79 22.05
14-06-2024 19.69 21.94
13-06-2024 19.55 21.78
12-06-2024 19.4 21.61
11-06-2024 19.33 21.52

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
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.