Indiabulls Tax Savings Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 21
BMSMONEY Rating
Growth Option As On: 19-04-2024
NAV ₹18.05 (R) +0.33% ₹20.05 (D) +0.3%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 37.05% 17.56% 13.51% -% -%
LumpSum Dir. P 39.04% 19.5% 15.63% -% -%
SIP Reg. P 34.78% 19.33% 17.77% -% -%
SIP Dir. P 36.67% 21.15% 19.93% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.65 0.35 0.74 -1.59% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.73% -13.13% -11.56% 0.93 8.69%

NAV Date: 19-04-2024

Scheme Name NAV Rupee Change Percent Change
Indiabulls Tax Savings Fund- Regular Plan- - Income Distribution cum capital withdrawal Option (Payout) 18.05
0.0600
0.3300%
Indiabulls Tax Savings Fund-Regular Plan-Growth Option 18.05
0.0600
0.3300%
Indiabulls Tax Savings Fund- Direct Plan- Dividend Option 20.03
0.0700
0.3500%
Indiabulls Tax Savings Fund- Direct Plan- Growth Option 20.05
0.0600
0.3000%

Review Date: Feb. 29, 2024

The ELSS (Tax Saving) Fund category has 35 funds. Performance of the Indiabulls Tax Savings Fund has been analyzed on 21 performance parameters. Out of nine return parameters, the fund has two return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved 21 st (out of 35 funds), which is ok rank in the ELSS (Tax Saving) Fund category.
Using a composite performance score, our ranking methodology takes into account the fund's return, the risk it carries, and its risk-adjusted performance during the last three years. This composite performance score then becomes the basis for ranking funds within the category.

The Indiabulls Tax Savings Fund has poor return performance, as all 1 year and above return parameters are below average in ELSS (Tax Saving) Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Indiabulls Tax Savings Fund has given return of 2.29% in last one month which is very poor as it is in the fourth quartile in ELSS (Tax Saving) Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Indiabulls Tax Savings Fund has given return of 12.86% in last three month which is very good as it is in the top quartile in ELSS (Tax Saving) Fund.
  3. 6 Month Return%: Six month return shows funds performance in short period of time, the Indiabulls Tax Savings Fund has given return of 22.77% in last six month which is very good as it is in the top quartile in ELSS (Tax Saving) Fund.
  4. 1 Year Return%: The Indiabulls Tax Savings Fund has given return of 37.38% in last one year which is poor as it is in the below average in ELSS (Tax Saving) Fund. The one year return rank of Indiabulls Tax Savings Fund is 18 in 35 funds. The investment of ₹ 10,000 in this fund would have become ₹ 13738.0 in one year.
  5. 3 Year Return%: The Indiabulls Tax Savings Fund has given return of 16.06% in last three year which is very poor as it is in the fourth quartile with rank of 28 in 33 funds. in ELSS (Tax Saving) Fund.
  6. 5 Year Return%: The Indiabulls Tax Savings Fund has given return of 14.61% in last five year which is very poor as it is in the fourth quartile with rank of 28 in 31 funds. in ELSS (Tax Saving) Fund.
  7. 1 Year SIP Return%: The Indiabulls Tax Savings Fund has given return of 43.64% in last one year which is good as it is above average with return rank of 14 in 35 funds. in ELSS (Tax Saving) Fund.
  8. 3 Year SIP Return%: The Indiabulls Tax Savings Fund has given return of 20.0% in last three year which is poor as it is in the below average with return rank of 19 in 33 funds. in ELSS (Tax Saving) Fund.
  9. 5 Year SIP Return%: The Indiabulls Tax Savings Fund has given return of 18.02% in last five year which is very poor as it is in the fourth quartile with rank of 26 in 31 funds. in ELSS (Tax Saving) Fund.
    10. '
'

The Indiabulls Tax Savings Fund has average risk performance, as more than 25% risk parameters are above average ELSS (Tax Saving) Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Indiabulls Tax Savings Fund has standard deviation of 12.73 which is poor as it is in the below average with risk rank of 18 in 33 funds. in ELSS (Tax Saving) Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Indiabulls Tax Savings Fund has semi deviation of 8.69 which is good as it is above average with risk rank of 18 in 33 funds. in ELSS (Tax Saving) Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Indiabulls Tax Savings Fund has max drawdown of -11.56% which is good as it is above average with risk rank of 16 in 33 funds. in ELSS (Tax Saving) Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Indiabulls Tax Savings Fund has 1Y VaR at 95% of -13.13% which is good as it is above average with risk rank of 10 in 33 funds. in ELSS (Tax Saving) Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Indiabulls Tax Savings Fund has average drawdown of -5.06% which is poor as it is in the below average with risk rank of 21 in 33 funds. in ELSS (Tax Saving) Fund.
    6. '
'

The Indiabulls Tax Savings Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in ELSS (Tax Saving) Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Indiabulls Tax Savings Fund has Sterling Ratio of 0.74 which is poor as it is in the below average with risk rank of 24 in 33 funds. in ELSS (Tax Saving) Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Indiabulls Tax Savings Fund has Sortino Ratio of 0.35 which is very poor as it is in the fourth quartile with risk rank of 27 in 33 funds. in ELSS (Tax Saving) Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Indiabulls Tax Savings Fund has Jensen Alpha of -1.59% which is very poor as it is in the fourth quartile with risk rank of 30 in 33 funds. in ELSS (Tax Saving) Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Indiabulls Tax Savings Fund has Treynor Ratio of 0.09 which is very poor as it is in the fourth quartile with risk rank of 29 in 33 funds. in ELSS (Tax Saving) Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Indiabulls Tax Savings Fund has Modigliani Square Measure of 16.65% which is very poor as it is in the fourth quartile with risk rank of 27 in 33 funds. in ELSS (Tax Saving) Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Indiabulls Tax Savings Fund has Alpha of -2.79% which is very poor as it is in the fourth quartile with risk rank of 29 in 33 funds. in ELSS (Tax Saving) Fund.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 3.62
4.27
1.41 | 10.13 23 | 35
No
No
No
6M Return % 20.74
18.67
9.43 | 34.33 8 | 35
Yes
Yes
No
1Y Return % 37.05
39.04
23.66 | 60.44 18 | 35
No
No
No
3Y Return % 17.56
20.05
11.24 | 30.80 27 | 33
No
No
Yes
5Y Return % 13.51
17.14
10.23 | 31.66 29 | 31
No
No
Yes
1Y SIP Return % 34.78
34.16
18.56 | 61.94 14 | 35
Yes
No
No
3Y SIP Return % 19.33
20.78
14.32 | 32.53 18 | 33
No
No
No
5Y SIP Return % 17.77
21.21
13.50 | 36.34 25 | 31
No
No
Yes
Standard Deviation 12.73
12.70
9.92 | 16.81 18 | 33
No
No
No
Semi Deviation 8.69
8.84
7.09 | 11.91 18 | 33
Yes
No
No
Max Drawdown % -11.56
-12.33
-22.81 | -6.28 16 | 33
Yes
No
No
VaR 1 Y % -13.13
-14.08
-20.17 | -11.38 10 | 33
Yes
No
No
Average Drawdown % -5.06
-5.05
-8.14 | -2.87 21 | 33
No
No
No
Sharpe Ratio 0.65
0.83
0.14 | 1.46 27 | 33
No
No
Yes
Sterling Ratio 0.74
0.85
0.29 | 1.53 24 | 33
No
No
No
Sortino Ratio 0.35
0.45
0.09 | 0.82 27 | 33
No
No
Yes
Jensen Alpha % -1.59
2.44
-8.96 | 17.77 30 | 33
No
No
Yes
Treynor Ratio 0.09
0.12
0.02 | 0.26 29 | 33
No
No
Yes
Modigliani Square Measure % 16.65
19.26
8.41 | 30.07 27 | 33
No
No
Yes
Alpha % -2.79
0.51
-8.84 | 16.09 29 | 33
No
No
Yes
Return data last Updated On : April 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 3.72 4.36 1.48 | 10.24 20 | 35
No
No
No
6M Return % 21.59 19.31 10.52 | 35.00 8 | 35
Yes
Yes
No
1Y Return % 39.04 40.54 25.54 | 62.20 18 | 35
No
No
No
3Y Return % 19.50 21.41 12.14 | 32.85 24 | 33
No
No
No
5Y Return % 15.63 18.45 11.19 | 33.83 24 | 31
No
No
Yes
1Y SIP Return % 36.67 35.61 20.38 | 63.62 14 | 35
Yes
No
No
3Y SIP Return % 21.15 22.10 15.19 | 33.38 17 | 33
No
No
No
5Y SIP Return % 19.93 22.55 14.42 | 38.54 24 | 31
No
No
Yes
Standard Deviation 12.73 12.70 9.92 | 16.81 18 | 33
No
No
No
Semi Deviation 8.69 8.84 7.09 | 11.91 18 | 33
Yes
No
No
Max Drawdown % -11.56 -12.33 -22.81 | -6.28 16 | 33
Yes
No
No
VaR 1 Y % -13.13 -14.08 -20.17 | -11.38 10 | 33
Yes
No
No
Average Drawdown % -5.06 -5.05 -8.14 | -2.87 21 | 33
No
No
No
Sharpe Ratio 0.65 0.83 0.14 | 1.46 27 | 33
No
No
Yes
Sterling Ratio 0.74 0.85 0.29 | 1.53 24 | 33
No
No
No
Sortino Ratio 0.35 0.45 0.09 | 0.82 27 | 33
No
No
Yes
Jensen Alpha % -1.59 2.44 -8.96 | 17.77 30 | 33
No
No
Yes
Treynor Ratio 0.09 0.12 0.02 | 0.26 29 | 33
No
No
Yes
Modigliani Square Measure % 16.65 19.26 8.41 | 30.07 27 | 33
No
No
Yes
Alpha % -2.79 0.51 -8.84 | 16.09 29 | 33
No
No
Yes
Return data last Updated On : April 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.33 ₹ 10033.0 0.3 ₹ 10030.0
1W -0.77 ₹ 9923.0 -0.79 ₹ 9921.0
1M 3.62 ₹ 10362.0 3.72 ₹ 10372.0
3M - ₹ - - ₹ -
6M 20.74 ₹ 12074.0 21.59 ₹ 12159.0
1Y 37.05 ₹ 13705.0 39.04 ₹ 13904.0
3Y 17.56 ₹ 16247.0 19.5 ₹ 17064.0
5Y 13.51 ₹ 18841.0 15.63 ₹ 20670.0
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 34.7815 ₹ 14159.736 36.669 ₹ 14271.924
3Y ₹ 36000 19.3305 ₹ 47828.052 21.1545 ₹ 49061.844
5Y ₹ 60000 17.7662 ₹ 93481.8 19.9339 ₹ 98555.22
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
19-04-2024 18.05 20.05
18-04-2024 17.99 19.99
16-04-2024 18.1 20.11
15-04-2024 18.19 20.21
12-04-2024 18.4 20.44
09-04-2024 18.43 20.47
08-04-2024 18.48 20.53
05-04-2024 18.43 20.46
04-04-2024 18.47 20.51
03-04-2024 18.35 20.38
02-04-2024 18.31 20.33
01-04-2024 18.26 20.28
28-03-2024 18.07 20.06
27-03-2024 17.96 19.94
26-03-2024 17.85 19.81
22-03-2024 17.79 19.74
21-03-2024 17.69 19.63
20-03-2024 17.42 19.33
19-03-2024 17.39 19.3
18-03-2024 17.56 19.48
15-03-2024 17.57 19.5
14-03-2024 17.6 19.52
13-03-2024 17.36 19.25
12-03-2024 17.81 19.76
11-03-2024 17.92 19.88
07-03-2024 18.09 20.06
06-03-2024 18.07 20.04
05-03-2024 18.09 20.06
04-03-2024 18.17 20.15
01-03-2024 18.14 20.11
29-02-2024 17.9 19.85
28-02-2024 17.8 19.74
27-02-2024 18.04 20.01
26-02-2024 18.0 19.96
23-02-2024 18.05 20.01
22-02-2024 17.96 19.91
21-02-2024 17.83 19.76
20-02-2024 17.94 19.89
19-02-2024 17.93 19.87
16-02-2024 17.9 19.84
15-02-2024 17.74 19.66
14-02-2024 17.66 19.57
13-02-2024 17.61 19.51
12-02-2024 17.53 19.43
09-02-2024 17.74 19.65
08-02-2024 17.73 19.64
07-02-2024 17.79 19.71
06-02-2024 17.72 19.64
05-02-2024 17.55 19.44
02-02-2024 17.61 19.5
01-02-2024 17.53 19.41
31-01-2024 17.62 19.51
30-01-2024 17.5 19.38
29-01-2024 17.61 19.5
25-01-2024 17.33 19.19
24-01-2024 17.32 19.18
23-01-2024 17.14 18.98
19-01-2024 17.42 19.29
18-01-2024 17.21 19.05
17-01-2024 17.25 19.09
16-01-2024 17.49 19.37
15-01-2024 17.55 19.43
12-01-2024 17.49 19.35
11-01-2024 17.34 19.19
10-01-2024 17.25 19.1
09-01-2024 17.2 19.04
08-01-2024 17.14 18.97
05-01-2024 17.26 19.1
04-01-2024 17.17 19.0
03-01-2024 16.97 18.78
02-01-2024 17.01 18.82
01-01-2024 17.14 18.97
29-12-2023 17.15 18.97
28-12-2023 17.11 18.92
27-12-2023 17.1 18.91
26-12-2023 16.92 18.72
22-12-2023 16.86 18.65
21-12-2023 16.73 18.5
20-12-2023 16.61 18.37
19-12-2023 16.98 18.77
18-12-2023 17.0 18.79
15-12-2023 16.93 18.72
14-12-2023 16.81 18.59
13-12-2023 16.55 18.3
12-12-2023 16.43 18.17
11-12-2023 16.5 18.25
08-12-2023 16.38 18.11
07-12-2023 16.32 18.04
06-12-2023 16.31 18.03
05-12-2023 16.25 17.96
04-12-2023 16.14 17.84
01-12-2023 15.86 17.53
30-11-2023 15.72 17.37
29-11-2023 15.61 17.24
28-11-2023 15.44 17.06
24-11-2023 15.36 16.97
23-11-2023 15.36 16.97
22-11-2023 15.39 17.0
21-11-2023 15.43 17.04
20-11-2023 15.38 16.99
17-11-2023 15.38 16.99
16-11-2023 15.45 17.07
15-11-2023 15.35 16.96
13-11-2023 15.21 16.79
10-11-2023 15.15 16.73
09-11-2023 15.13 16.71
08-11-2023 15.12 16.69
07-11-2023 15.08 16.65
06-11-2023 15.1 16.67
03-11-2023 14.94 16.49
02-11-2023 14.81 16.35
01-11-2023 14.62 16.14
31-10-2023 14.64 16.16
30-10-2023 14.68 16.2
27-10-2023 14.63 16.15
26-10-2023 14.46 15.95
25-10-2023 14.62 16.14
23-10-2023 14.74 16.27
20-10-2023 14.95 16.49
19-10-2023 15.05 16.6
18-10-2023 15.02 16.57
17-10-2023 15.13 16.69
16-10-2023 15.11 16.66
13-10-2023 15.13 16.69
12-10-2023 15.15 16.71
11-10-2023 15.15 16.71
10-10-2023 15.08 16.63
09-10-2023 14.91 16.44
06-10-2023 15.05 16.6
05-10-2023 14.95 16.49
04-10-2023 14.83 16.35
03-10-2023 15.0 16.54
29-09-2023 14.96 16.49
27-09-2023 14.95 16.48
26-09-2023 14.87 16.4
25-09-2023 14.85 16.37
22-09-2023 14.82 16.33
21-09-2023 14.84 16.36
20-09-2023 15.0 16.53
18-09-2023 15.13 16.68
15-09-2023 15.18 16.72
14-09-2023 15.1 16.64
13-09-2023 15.03 16.56
12-09-2023 14.99 16.51
11-09-2023 15.14 16.67
08-09-2023 15.04 16.57
07-09-2023 14.92 16.44
06-09-2023 14.83 16.33
05-09-2023 14.83 16.33
04-09-2023 14.79 16.29
01-09-2023 14.69 16.18
31-08-2023 14.58 16.06
30-08-2023 14.62 16.1
29-08-2023 14.59 16.06
28-08-2023 14.54 16.01
25-08-2023 14.52 15.98
24-08-2023 14.62 16.1
23-08-2023 14.59 16.06
22-08-2023 14.56 16.03
21-08-2023 14.5 15.96
18-08-2023 14.39 15.83
17-08-2023 14.46 15.92
16-08-2023 14.5 15.96
14-08-2023 14.49 15.94
11-08-2023 14.53 15.98
10-08-2023 14.57 16.04
09-08-2023 14.65 16.12
08-08-2023 14.6 16.06
07-08-2023 14.61 16.08
04-08-2023 14.59 16.05
03-08-2023 14.54 15.99
02-08-2023 14.64 16.1
01-08-2023 14.81 16.29
31-07-2023 14.84 16.32
28-07-2023 14.75 16.23
27-07-2023 14.74 16.21
26-07-2023 14.76 16.23
25-07-2023 14.71 16.18
24-07-2023 14.72 16.18
21-07-2023 14.7 16.16
20-07-2023 14.81 16.28
19-07-2023 14.74 16.2
18-07-2023 14.65 16.1
17-07-2023 14.64 16.1
14-07-2023 14.6 16.05
13-07-2023 14.5 15.93
12-07-2023 14.48 15.91
11-07-2023 14.52 15.96
10-07-2023 14.46 15.89
07-07-2023 14.49 15.93
06-07-2023 14.59 16.03
05-07-2023 14.52 15.95
04-07-2023 14.48 15.91
03-07-2023 14.45 15.88
30-06-2023 14.38 15.8
28-06-2023 14.22 15.63
27-06-2023 14.1 15.49
26-06-2023 14.01 15.39
23-06-2023 13.98 15.35
22-06-2023 14.07 15.46
21-06-2023 14.16 15.55
20-06-2023 14.16 15.54
19-06-2023 14.11 15.5
16-06-2023 14.15 15.53
15-06-2023 14.05 15.43
14-06-2023 14.11 15.49
13-06-2023 14.11 15.49
12-06-2023 14.0 15.37
09-06-2023 13.98 15.35
08-06-2023 14.02 15.39
07-06-2023 14.11 15.48
06-06-2023 13.97 15.34
05-06-2023 13.94 15.29
02-06-2023 13.9 15.25
01-06-2023 13.83 15.17
31-05-2023 13.85 15.2
30-05-2023 13.91 15.26
29-05-2023 13.88 15.22
26-05-2023 13.8 15.14
25-05-2023 13.67 15.0
24-05-2023 13.66 14.99
23-05-2023 13.73 15.06
22-05-2023 13.72 15.04
19-05-2023 13.68 15.0
18-05-2023 13.61 14.92
17-05-2023 13.66 14.97
16-05-2023 13.67 14.99
15-05-2023 13.71 15.03
12-05-2023 13.64 14.95
11-05-2023 13.6 14.91
10-05-2023 13.63 14.94
09-05-2023 13.6 14.9
08-05-2023 13.62 14.93
05-05-2023 13.48 14.77
04-05-2023 13.56 14.86
03-05-2023 13.48 14.77
02-05-2023 13.52 14.81
28-04-2023 13.45 14.74
27-04-2023 13.34 14.61
26-04-2023 13.31 14.57
25-04-2023 13.27 14.53
24-04-2023 13.25 14.51
21-04-2023 13.17 14.42
20-04-2023 13.17 14.42
19-04-2023 13.16 14.41

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.