Samco ELSS Tax Saver Fund
NAV Growth: Rs 10.7300
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital appreciation through investments made predominantly in equity and equity related instruments.
Fund Manager:
1) Nirali Bhansali
Education: Ms. Nirali Bhansali is a B.E., MBA
Experience: She started as a senior analyst at Samco Securities Ltd. and has been the Head of Equity Research. She has over 7 years of work experience with more than 5 years capital markets and investment research.
Investment Details
Min. Investment (Rs) | 500 |
Min. Addl Investment (Rs) | 500 |
Min. SIP Investment (Rs) | 500 |
Min. Withdrawal (Rs) | — |
Min. No of Cheques | 12 |
Min. Balance (Rs) | — |
Lock-in Period | 3 Years |
Exit Load | 0 |
Basic Details
Fund House | Samco Mutual Fund |
Launch Date | 22-Dec-22 |
Return Since Launch | 7.30% |
Benchmark | NIFTY 500 TRI |
Riskometer | Very High |
Type | Open-ended |
Assets | Rs 50 Cr |
(As on 31-May-2023) | |
Expense | 0.89% |
(As on 31-May-2023) | |
Risk Grade | — |
Return Grade | — |
Turnover | — |
Samco ELSS Tax Saver Fund Trailing Returns (%)
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
Samco ELSS Tax Saver Dir | 6.98 | 0.37 | 3.47 | 5.92 | — | — | — | — | — | — |
S&P BSE 500 TRI | 3.47 | 0.31 | 3.10 | 8.80 | — | — | — | — | — | — |
Equity: ELSS | 5.53 | 0.34 | 3.46 | 8.55 | — | — | — | — | — | — |
Rank within category | 8 | 16 | 20 | 35 | — | — | — | — | — | — |
Number of funds in category | 36 | 38 | 38 | 37 | 35 | 34 | 34 | 31 | 29 | 25 |
Samco ELSS Tax Saver Fund Peer Comparison
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
Samco ELSS Tax Saver Dir | Unrated | — | — | — | 0.89 | 50 | 7.30 | — | 0yrs 5mo | — |
Mirae Asset Tax Saver Dir | 5 star | 16.31 | 28.74 | 16.41 | 0.45 | 15,838 | 18.90 | — | 7yrs 5mo | 82.00 |
SBI LT Eqt Dir | 4 star | 25.78 | 29.08 | 13.79 | 1.07 | 13,538 | 14.40 | — | 10yrs 5mo | 15.00 |
DSP Tax Saver Dir | 4 star | 17.59 | 27.61 | 14.81 | 0.78 | 10,877 | 16.50 | — | 10yrs 5mo | 34.00 |
Canara Robeco Eqt Tax Saver Dir | 5 star | 18.74 | 27.62 | 16.30 | 0.56 | 5,473 | 15.33 | — | 10yrs 5mo | 24.00 |
Portfolio Analysis
No. of Stocks | 36 |
Top 10 Stocks | 36.10% |
Top 5 Stocks | 19.45% |
Top 3 Sectors | 44.53% |
Portfolio P/B Ratio | 6.43 |
Portfolio P/E Ratio | 31.83 |
Portfolio Breakup
Fund | Category | |
Average Mkt Cap (Rs Cr) | 22,670 | 1,60,245 |
Giant (%) | — | 55.65 |
Large (%) | 4.89 | 18.29 |
Mid (%) | 83.46 | 21.89 |
Small (%) | 11.65 | 7.29 |
Tiny (%) | — | 0.35 |
Chanakya’s Mutual Fund Guidance For Samco ELSS Tax Saver Fund
Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Apply Online: https://www.samcomf.com/investor/register
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