- Mutual Funds
- ITI Mutual Fund
- ITI ELSS Tax Saver Fund (Growth)
Formerly ITI Long Term Equity Reg Gr
ITI ELSS Tax Saver Fund (Growth)
₹ 22.6163
NAV (May 17)
Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 22.6163
NAV (May 17)
Fund Returns
Last 1Y | 55.1% |
Last 3Y | 19.3% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 19.5% |
6 Month CAGR | 27.1% |
Scheme Information
To provide long-term capital appreciation by investing predominantly in equity and equity related securities. However,there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Expense Ratio | 2.3 |
Launched (5y ago) | Oct 18, 2019 |
AUM in Crores | 325.139 |
ISIN | INF00XX01374 |
Lock-in | 3 |
Benchmark | Nifty 500 TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 13.1 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0.85 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 1.042 |
Sharpe Ratio (5yr) | 0 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ITI ELSS Tax Saver Fund (Growth) | 11,93,843 | 4,61,231 | 19.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
state bank of india
5.2%bharti airtel ltd (partly paid rs.1.25)
5%zomato ltd
4.9%trent ltd
3.5%bharti airtel ltd
3.4%Allocation by Sector
financial services
21.7%consumer cyclical
19.7%industrials
18.6%communication services
10.7%technology
7.6%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 14,859 cr | ||
₹ 22,471 cr | ||
₹ 18,691 cr | ||
₹ 54,904 cr | ||
₹ 42,664 cr |
About the AMC
ITI Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
19.3% | 19.5% | ||
19.3% | 19.5% | ||
18.2% | 17.2% | ||
23.3% | 24.5% | ||
18.2% | 17.2% |
ITI ELSS Tax Saver Fund (G) Review
ITI ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 19.5% over a period of 4 years. The fund was previously known as ITI Long Term Equity Reg Gr. The fund is managed by ITI Asset Management Limited. The fund managers are Dhimant Shah, Vishal Jajoo.
Nav of ITI ELSS Tax Saver Fund (G) as of 5/17/2024 is ₹22.62 with the total AUM as of 5/20/2024 is ₹325.139. With Scripbox you can compare and check the latest nav for all mutual funds in India. ITI ELSS Tax Saver Fund (G) was launched on Oct 18, 2019. The category risk of the fund is Very High Risk.
The minimum SIP amount for ITI ELSS Tax Saver Fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.
ITI ELSS Tax Saver Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty 500 TR INR.
ITI ELSS Tax Saver Fund (G) is rated as a 2 fund in Equity and delivered 55.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ITI ELSS Tax Saver Fund (G).
Frequently Asked Questions
What is ITI ELSS Tax Saver Fund (G)?
How to invest in ITI ELSS Tax Saver Fund (G)?
You can invest in ITI ELSS Tax Saver Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ITI ELSS Tax Saver Fund (G)?
The minimum sip amount for ITI ELSS Tax Saver Fund (G) is ₹500. You can invest in multiples of ₹500.
Is ITI ELSS Tax Saver Fund (G) good to invest in?
As per Scripbox experts, ITI ELSS Tax Saver Fund (G) is a Neutral fund. You can investITI ELSS Tax Saver Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ITI ELSS Tax Saver Fund (G)?
The expense ratio of the ITI ELSS Tax Saver Fund (G) is 2.3% for regular plan.