Sahara TaxGain Growth - Latest NAV ₹53.9631, Returns, Performance & Portfolio

Sahara TaxGain Growth

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  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Average Annualised Returns i
Tax rates i
30%Not taxable10%*
Returns after tax i
Current rate of Inflation i
Real Rate of Return i
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years5.2%
5 Years-1.63%
3 Years-7.68%
1 Year-27.17%
6 Months-27.48%
Fund Details
RiskModerately High risk
Fund TypeELSS (Tax Savings)
Exit Load1% for 1085 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd8.26%
HDFC Bank Ltd7.15%
ICICI Bank Ltd6.89%
Ipca Laboratories Ltd4.46%
Atul Ltd4.35%
Bata India Ltd3.85%
Divi's Laboratories Ltd3.29%
Dabur India Ltd3.21%
Coromandel International Ltd3.18%
Axis Bank Ltd3.12%

About Sahara Tax Gain Fund

Sahara Tax Gain Fund is an open-ended equity-ELSS Scheme. The basic objective of the Scheme is to provide immediate tax relief and long term capital gains to investors. The Scheme is benchmarked against S&P BSE 200. The Scheme is available under Dividend and Growth Option. The minimum and subsequent purchase amount is Rs 500 and in multiples of Re 1 thereafter.

Pros & Cons of Sahara Tax Gain Fund

Sahara Tax Gain Fund offers following benefits:

  1. The Scheme is equity oriented scheme where the investments are predominantly in equity linked securities (more than 80%) and thus suitable for long term capital growth.
  2. Exemption up to Rs 1.5 Lakh is available under section 80C of the Income Tax Act
  3. The Scheme is not ranked in ELSS category by Crisil for quarter ended September 2018.

Fund Information and Statistics of Sahara Tax Gain Fund

i) Inception / Launch date

The Fund was launched in 1 April 1997 as a closed scheme and went open ended from 7 November 2002.

ii) Risk level

The Fund’s Riskometer is determined as “Moderately High” and thus the investment in Fund is suitable for capital growth over long term.

iii) Redemption

Redemptions of units are done by repurchase or buyback by the Sahara Mutual Fund House. In line with SEBI regulations, redemption cheques are dispatched within 10 working days of the receipt of redemption request at the authorized centre of the Sahara Mutual Fund.

iv) Fund Manager

The Scheme is managed by Mr. A.N. Sridhar. Mr. Sridhar has over two decades of experience in Banking and Mutual Fund Industry. He served Central Bank of India from March 1985 to October 1989. He held various responsibilities including equity dealing at UTI Mutual Fund from 1989 till 2003.

v) Entry / Exit load

a. Entry Load N/A b. Exit Load
c. 1% if redeemed before 36 months; beyond 36 months - Nil

About Sahara Mutual Fund

Sahara Mutual Fund enables you to make correct investment decisions with the help of its team of finance experts. You can, thus, lead a stress-free life as they help you to choose the right fund as per your risk profile. The investment solutions offer a perfect balance of returns, safety and liquidity which suits the financial goals of the investors. You may also diversify your portfolios and reduce the risks involved in investment.

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Frequently Asked Questions

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Start your investment

Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns