Fund Insights
In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has given 11.42% return, outperforming this fund by 9.81%
In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 35.89% return, outperforming this fund by 23.86% per annum
In the last 5 years, Quant Tax Plan Growth Option Direct Plan has given 21.65% return, outperforming this fund by 13.92% per annum
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.5% which is lower than the category average expense ratio of 1.4%
Indiabulls Tax Savings Direct Growth is an equity fund. This fund was started on 28 December, 2017. The fund is managed by Karan Singh, Sumit Bhatnagar. The fund could potentially beat inflation in the long-run.
1) Indiabulls Tax Savings Direct Growth has a NAV of ₹14.58 as on 08-02-2023.
2) Indiabulls Tax Savings Direct Growth has ₹38 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.
3) The fund has an expense ratio 0.5 %.
Expense ratio | 0.5% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹38 Cr |
Inception Date | 28 December, 2017 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 44.95% |
Indiabulls Tax Savings Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.7% | -1.7% |
6 Month Returns | 1.12% | 1.12% |
1 Year Returns | 1.61% | 1.61% |
3 Years Returns | 40.58% | 12.02% |
5 Years Returns | 45.09% | 7.73% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Indiabulls Tax Savings Direct Growth | -1.03 | -2.73 | -3.28 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Indiabulls Tax Savings Direct Growth | 0.92 | 0.89 | 0.9 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Indiabulls Tax Savings Direct Growth | -0.19 | 0.46 | 0.17 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Indiabulls Tax Savings Direct Growth | 15.8 | 20.56 | 18.11 |
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.