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Top 10 ELSS mutual fund schemes in terms of 1-year returns

Updated : 2019-06-04 11:30:11

Equity-linked saving schemes (ELSS) witnessed steady inflows in FY19. Total inflows in the ELSS mutual fund schemes stood at Rs 12,771 crore in the fiscal year, compared to Rs 14,316 crore in the FY18, according to Amfi data. Indian benchmark indices BSE Sensex and NSE’s Nifty 50 saw a record rally in May on the back of a historic win for Narendra Modi-led Bharatiya Janata Party (BJP) and allies in the 2019 Lok Sabha elections. In May, the 30-share Sensex rose 1.5 percent and the 50-share Nifty advanced 1.8 percent. According to Value Research data, Canara Robeco Equity Tax Saver Fund was the top performer with a return of 14.13 percent in the last one year. Here is a list of top 10 ELSS schemes:

<strong>Canara Robeco Equity Tax Saver Fund - Regular Plan</strong> | Expense Ratio: 2.27 percent | 1-Year Return: 14.13 percent | Net Assets: Rs 947 crore
Canara Robeco Equity Tax Saver Fund - Regular Plan | Expense Ratio: 2.27 percent | 1-Year Return: 14.13 percent | Net Assets: Rs 947 crore
<strong>Kotak Tax Saver Regular Plan</strong> | Expense Ratio: 2.27 percent | 1-Year Return: 13.55 percent | Net Assets: Rs 898 crore
Kotak Tax Saver Regular Plan | Expense Ratio: 2.27 percent | 1-Year Return: 13.55 percent | Net Assets: Rs 898 crore
<strong>Mirae Asset Tax Saver Fund - Regular Plan</strong> | Expense Ratio: 2.23 percent | 1-Year Return: 12.5 percent | Net Assets: Rs 1,949 crore. (Image: Company)
Mirae Asset Tax Saver Fund - Regular Plan | Expense Ratio: 2.23 percent | 1-Year Return: 12.5 percent | Net Assets: Rs 1,949 crore. (Image: Company)
<strong>ICICI Prudential Long Term Equity Fund (Tax Saving)</strong> | Expense Ratio: 2.16 percent | 1-Year Return: 10.41 percent | Net Assets: Rs 6,273 crore
ICICI Prudential Long Term Equity Fund (Tax Saving) | Expense Ratio: 2.16 percent | 1-Year Return: 10.41 percent | Net Assets: Rs 6,273 crore
<strong>DSP Tax Saver Fund</strong> | Expense Ratio: 1.88 percent | 1-Year Return: 10.01 percent | Net Assets: Rs 5,487 crore
DSP Tax Saver Fund | Expense Ratio: 1.88 percent | 1-Year Return: 10.01 percent | Net Assets: Rs 5,487 crore
<strong>Quantum Tax Saving - Regular Plan</strong> | Expense Ratio: 1.78 percent | 1-Year Return: 8.87 percent | Net Assets: Rs 80 crore
Quantum Tax Saving - Regular Plan | Expense Ratio: 1.78 percent | 1-Year Return: 8.87 percent | Net Assets: Rs 80 crore
<strong>Tata India Tax Savings Fund</strong> | Expense Ratio: 2.01 percent | 1-Year Return: 8.87 percent | Net Assets: Rs 1,790 crore
Tata India Tax Savings Fund | Expense Ratio: 2.01 percent | 1-Year Return: 8.87 percent | Net Assets: Rs 1,790 crore
<strong>Quant Tax Plan</strong> | Expense Ratio: 2.48 percent | 1-Year Return: 8.19 percent | Net Assets: Rs 10 crore
Quant Tax Plan | Expense Ratio: 2.48 percent | 1-Year Return: 8.19 percent | Net Assets: Rs 10 crore
<strong>BNP Paribas Long Term Equity Fund</strong> | Expense Ratio: 2.42 percent | 1-Year Return: 7.69 percent | Net Assets: Rs 466 crore
BNP Paribas Long Term Equity Fund | Expense Ratio: 2.42 percent | 1-Year Return: 7.69 percent | Net Assets: Rs 466 crore
<strong>Axis Long Term Equity Fund</strong> | Expense Ratio: 1.77 percent | 1-Year Return: 7.32 percent | Net Assets: Rs 19,109 crore
Axis Long Term Equity Fund | Expense Ratio: 1.77 percent | 1-Year Return: 7.32 percent | Net Assets: Rs 19,109 crore
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