Tata ELSS Tax Saver Fund
Direct · GrowthAI Summary
The fund's SIP XIRR of 16.3% over 3 years and 16.8% over 5 years exceeds the category averages of 14.52% and 16.75% respectively, while its 12-year XIRR of 14.07% trails the category's 15.33%. Rolling returns are broadly consistent with XIRR, with 5-year rolling mean at 16.16% and 10-year at 15.39%. Calendar-year returns show strong years such as 2021 (31.74%) and 2023 (24.65%), but weaker periods including 2018 (-7.14%) and 2022 (5.55%).
The fund recorded 11 drawdown events exceeding 10%, with a maximum drawdown of -0.367675% and an average drawdown of -0.04704%. Recovery from the maximum drawdown took 231 days, while the drawdown duration was 39 days. Calmar ratios range from 0.4297 over 1 year to 0.3944 over 12 years, indicating moderate risk-adjusted returns that decline slightly over longer horizons.
The portfolio holds 59 stocks, with the top 10 accounting for a meaningful share led by Bharti Airtel (6.54%), ICICI Bank (5.33%), and HDFC Bank (5.17%). Banks dominate sector allocation at 20.2%, followed by Auto Components at 8.4% and Capital Markets at 8.3%. This concentration in financials and telecom provides exposure to large-cap leaders but raises sector-specific risk.
The fund outperforms category peers over 1, 3, 5, 7, and 10 years on SIP XIRR, but underperforms over 12 years (14.07% vs 15.33%). Its 7-year XIRR of 16.96% is notably above the category's 15.83%, suggesting stronger medium-term consistency. However, the 12-year lag indicates that long-term peer comparison is less favorable.
This fund suits investors seeking tax savings under Section 80C with a lock-in of three years and a long-term equity horizon of at least 5 to 7 years. It is appropriate for investors with moderate to high risk tolerance who can withstand periodic drawdowns. The direct plan's expense ratio of 0.71% supports cost-efficient long-term compounding.
- SIP XIRR exceeds category average over 1, 3, 5, 7, and 10 years
- Diversified portfolio of 59 holdings with exposure to leading large-cap banks and telecom
- Low expense ratio of 0.71% in the direct plan supports net returns
- 12-year SIP XIRR of 14.07% trails the category average of 15.33%
- Heavy banking sector concentration at 20.2% of NAV increases sector-specific risk
Generated on 11-11-2026, 2:58 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.75 L | 16.4% | -56.5% | 98.3% |
| 3 Years | ₹36.00 L | ₹45.41 L | 15.9% | -19.8% | 33.5% |
| 5 Years | ₹60.00 L | ₹89.64 L | 15.8% | -6.0% | 27.5% |
| 7 Years | ₹84.00 L | ₹1.51 Cr | 16.9% | 12.2% | 22.8% |
| 10 Years | ₹1.20 Cr | ₹2.75 Cr | 16.1% | 13.0% | 19.8% |
| 12 Years | ₹1.44 Cr | ₹3.50 Cr | 14.2% | 13.3% | 15.1% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | Category avg |
|---|---|---|
| 1 Year | 16.4% | 9.5% |
| 3 Years | 15.9% | 14.5% |
| 5 Years | 15.8% | 16.8% |
| 7 Years | 16.9% | 15.8% |
| 10 Years | 16.1% | 15.8% |
| 12 Years | 14.2% | 15.3% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 15.8% | 12.4% | -29.7% | 91.2% | 0.55 | 1.69 | 87% | — | — |
| 3 Years | 15.8% | 16.2% | -3.6% | 32.6% | 1.63 | 7.07 | 99% | — | — |
| 5 Years | 15.5% | 15.3% | 2.1% | 28.3% | 2.11 | 32.83 | 100% | — | — |
| 10 Years | 15.4% | 15.4% | 13.1% | 18.1% | 9.52 | — | 100% | — | — |
Calmar Ratio by Duration
| # | Stock | % of NAV |
|---|---|---|
| 1 | BHARTI AIRTEL LTD | 6.54% |
| 2 | ICICI BANK LTD | 5.33% |
| 3 | HDFC BANK LTD | 5.17% |
| 4 | STATE BANK OF INDIA | 4.56% |
| 5 | RELIANCE INDUSTRIES LTD | 3.66% |
| 6 | SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3.27% |
| 7 | LARSEN & TOUBRO LTD | 3.17% |
| 8 | MOTILAL OSWAL FINANCIAL SERVICE LTD | 2.70% |
| 9 | NTPC LTD | 2.54% |
| 10 | PRICOL LTD | 2.52% |