Title: Reliance Tax Saver Fund
1Reliance Tax Saver Fund
- Tax Saving From a Diversified Equity Portfolio
2What is Reliance Tax Saver Fund?
- It is an Equity Linked Savings Scheme (ELSS)
which allows investors to reduce tax liability
and earn capital appreciation on the invested
amount. - ELSS mutual funds allow investors to reduce
taxable income by up to Rs 1.5 lac every
financial year under section 80C. - The amount invested in Reliance Tax Saver Fund is
directly deducted from taxable income. - A maximum of Rs 46,800 can be saved on tax
liability every year. - It is handled by a professional fund manager who
invests the corpus of the fund in equity
instruments. - It has a lock-in Period of 3 years.
3Benefits of ELSS Mutual Funds
Monthly Investment Reduce Risk and Simplifies Tax
Saving
Lowest lock-in Period Among all the 80C
Instruments
Investments are Handled by Professional Fund
Manager
Investment are Convenient and Transparent
No Entry or Exit Load and Lower Expense Ratio
Highest Long Term Returns Among 80C Tools
4Reliance Tax Saver Fund - Fund Details
Category Equity ELSS
Assets Rs 10,720 crore (As on Apr 30, 2019)
Expense 2.10 (As on Apr 30, 2019)
Fund House Reliance Mutual Fund
Launch Date 21-Sep-05
Benchmark SP BSE 100 TRI
Exit Load () 0
5Where Does it Invest?
- Reliance Tax Saver Fund invests in a diversified
portfolio of equity instruments. - It has a high risk portfolio due to higher
allocation in the small-cap category. - The investment style is a blend of growth and
value investing. - The fund manager is overweight on Auto and
Engineering sector and is underweight on
financial sector. - Top down approach is used for stock picking after
detailed analysis of every stock.
6Sector Allocation
7Reliance Tax Saver Fund Top Holdings
Company Sector Assets
State Bank of India Financial 7.29
Tata Steel Metals 6.18
Tata Motors Automobile 5.04
ICICI Bank Financial 4.86
ABB Engineering 4.6
Honeywell Automation Engineering 4.55
ITC FMCG 4.5
Infosys Technology 4.42
TVS Motor Co. Automobile 4
Reliance Industries Energy 3.51
8Fund Manager
Mr Ashwani Kumar Sr Fund Manager Reliance Mutual
Fund (B.Sc MBA Finance)
- Mr Kumar has been single handedly managing the
investments of Reliance Tax Saver Fund since the
launch of the scheme in August 2005. - He has significant experience in the asset
management business and was previously associated
with Zurich AMC.
9Performance Analysis
YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 6.02 2.8 13.98 0.42 9.55 10.97 15.46
SP BSE 100 TRI 8.45 1.59 9.99 10.84 14.95 11.69 12.39
Category 6.66 2.24 9.89 3.43 12.88 13.07 13.73
- Reliance Tax Saver Fund has outperformed
benchmark and category average several times
since inception. - The returns have been volatile for short tenure
but the long term gains have been better than
most of the peers. - It has a high risk factor and must be chosen by
investors with high risk appetite.
10Enhance your tax saving strategy with superior
returns!
Disclaimer The information and suggestions of
the funds in the presentation are for informative
purpose only. The facts and figures in the
presentation are as per the sources which include
ValueResearch and Moneycontrol as on 15-5-2019.
Mutual fund investments are subject to market
risk. Read all the scheme related documents
carefully.