ITI ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹24.35+0.95%1 day
- Return since launch
- 13.2%
- 52-week range
- ₹20.46 — ₹25.79
- AUM
- ₹445 Cr
ITI ELSS Tax Saver Fund is a ELSS equity fund from ITI Mutual Fund with ₹445 Cr under management, launched in 2019. Over three years it has returned 3.8% a year, against 11.4% for its category. The expense ratio is 2.60% and the SEBI riskometer reading is Very High.
Performance
ITI ELSS Tax Saver Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.8% against 0.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 2.0% | +1.4 pts | 0.6% | 6.0% |
| 2Y | 2.7% | −1.6 pts | 4.3% | 3.9% |
| 3Y | 3.8% | −7.6 pts | 11.4% | 4.6% |
| 5Y | 11.1% | +1.3 pts | 9.8% | 9.3% |
| 7Y | 12.8% | −0.6 pts | 13.3% | 12.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.1% | −5.6 pts | 6.7% | 7.5% |
| 3M | -5.6% | −5.1 pts | -0.5% | -0.5% |
| 6M | 1.0% | −3.6 pts | 4.6% | 4.7% |
| 1Y | -1.6% | −2.1 pts | 0.6% | 0.3% |
| 2Y | 0.8% | −1.1 pts | 1.9% | 1.4% |
| 3Y | 12.0% | +0.6 pts | 11.4% | 10.7% |
| 5Y | 9.7% | −0.1 pts | 9.8% | 8.8% |
| 7Y | 13.0% | −1.6 pts | 14.6% | 12.7% |
Since launch (15 Jul 2019): 13.2%
Calendar-year returns
Category average11.9%
19.0%
2.5%
36.5%
22.0%
2.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 2.6% | −1.9 pts | 4.5% |
| 2024 | 22.0% | +1.7 pts | 20.3% |
| 2023 | 36.5% | +4.7 pts | 31.8% |
| 2022 | 2.5% | −1.0 pts | 3.5% |
| 2021 | 19.0% | −20.9 pts | 39.9% |
| 2020 | 11.9% | −6.8 pts | 18.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.60%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.07%
- Transaction charges
- 0.00%
- Statutory levies
- 0.43%
- Exit load
- 0%
- Lock-in
- 3 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 1.20 | 4.34 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.23 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.36 | 0.55 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.59 | 0.76 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.69 | 17.53 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ITI ELSS Tax Saver Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.0%
- Other1.0%
Market cap split
- Large28.9%
- Mid7.4%
- Small63.7%
- P/E
- 22.96
- P/B
- 3.06
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| TVS Motor Company Ltd. | Automobile | 2.90% | ₹12.88 Cr | +2.40% | +2.86% | +3.52% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.80% | ₹12.47 Cr | +3.05% | +2.83% | +2.93% |
| Sansera Engineering Ltd. | Automobile | 2.80% | ₹12.46 Cr | +2.14% | +1.80% | +1.39% |
| Welspun Corp Ltd. | Metals & Mining | 2.65% | ₹11.77 Cr | +1.62% | +2.70% | +2.48% |
| Bajaj Finance Ltd. | Financial | 2.54% | ₹11.32 Cr | +2.62% | +2.57% | +2.79% |
| HDFC Bank Ltd. | Financial | 2.39% | ₹10.64 Cr | +3.81% | +4.28% | +6.26% |
| State Bank of India | Financial | 2.34% | ₹10.41 Cr | +2.46% | +2.88% | +2.55% |
| Sanghvi Movers Ltd. | Construction | 2.25% | ₹10.00 Cr | +2.13% | +1.39% | +1.87% |
| Mahindra & Mahindra Ltd. | Automobile | 2.21% | ₹9.82 Cr | +2.26% | +1.88% | +1.90% |
| IIFL Finance Ltd. | Financial | 2.20% | ₹9.78 Cr | +1.83% | +1.10% | — |
| Axis Bank Ltd. | Financial | 2.19% | ₹9.73 Cr | +2.90% | +3.07% | +3.02% |
| Supriya Lifescience Ltd. | Healthcare | 1.96% | ₹8.70 Cr | +2.06% | +1.40% | +1.58% |
| ICICI Bank Ltd. | Financial | 1.86% | ₹8.26 Cr | +1.90% | +2.04% | +1.52% |
| PNB Housing Finance Ltd. | Financial | 1.84% | ₹8.20 Cr | +1.68% | +2.73% | +2.72% |
| Usha Martin Ltd. | Metals & Mining | 1.84% | ₹8.18 Cr | +1.80% | +1.24% | +1.27% |
| Standard Engineering Technology Limited | Capital Goods | 1.83% | ₹8.13 Cr | +2.24% | +1.19% | +0.93% |
| Aditya Birla Real Estate Ltd | Consumer Staples | 1.78% | ₹7.93 Cr | +1.85% | +1.93% | +2.53% |
| Cohance Lifesciences Ltd. | Healthcare | 1.78% | ₹7.93 Cr | +1.80% | +1.71% | — |
| Gandhar Oil Refinery (India) Ltd. | Energy | 1.78% | ₹7.92 Cr | — | — | — |
| Kei Industries Ltd. | Capital Goods | 1.76% | ₹7.84 Cr | +2.11% | +1.93% | +1.69% |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 1.74% | ₹7.73 Cr | +2.47% | +1.61% | — |
| Park Medi World Ltd. | Healthcare | 1.69% | ₹7.50 Cr | — | — | — |
| EFC (I) Ltd. | Services | 1.65% | ₹7.32 Cr | — | — | — |
| Shakti Pumps (India) Ltd. | Capital Goods | 1.62% | ₹7.22 Cr | +0.90% | +0.87% | +0.84% |
| Larsen & Toubro Ltd. | Construction | 1.54% | ₹6.87 Cr | +1.67% | +1.74% | +1.12% |
| Divi's Laboratories Ltd. | Healthcare | 1.50% | ₹6.65 Cr | +1.04% | +1.16% | +0.51% |
| Bharti Airtel Ltd. | Communication | 1.48% | ₹6.60 Cr | +2.05% | +2.42% | — |
| NTPC Ltd. | Energy | 1.46% | ₹6.49 Cr | +1.59% | +2.02% | +1.62% |
| Sobha Ltd. | Construction | 1.41% | ₹6.29 Cr | +1.57% | +1.66% | +2.40% |
| Elecon Engineering Company Ltd. | Capital Goods | 1.39% | ₹6.18 Cr | +0.95% | +0.77% | — |
| Manappuram Finance Ltd. | Financial | 1.34% | ₹5.98 Cr | +1.36% | +1.29% | +1.26% |
| Manipal Payment and Identity Solutions Ltd. | Services | 1.32% | ₹5.88 Cr | — | — | — |
| Aptus Value Housing Finance India Ltd. | Financial | 1.31% | ₹5.82 Cr | +1.54% | +1.32% | +1.15% |
| Jubilant Ingrevia Ltd. | Chemicals | 1.30% | ₹5.76 Cr | +0.71% | +0.78% | +0.40% |
| Anupam Rasayan India Ltd. | Chemicals | 1.26% | ₹5.59 Cr | — | — | — |
| SJS Enterprises Ltd. | Automobile | 1.25% | ₹5.56 Cr | +0.57% | — | — |
| Karur Vysya Bank Ltd. | Financial | 1.20% | ₹5.33 Cr | +1.08% | +1.29% | +0.82% |
| RBL Bank Ltd. | Financial | 1.20% | ₹5.32 Cr | +1.08% | +1.04% | — |
| P N Gadgil Jewellers Ltd. | Consumer Discretionary | 1.19% | ₹5.27 Cr | +1.06% | +0.70% | — |
| Five-Star Business Finance Ltd. | Financial | 1.18% | ₹5.26 Cr | +1.14% | — | — |
| Shriram Finance Ltd | Financial | 1.18% | ₹5.27 Cr | +1.03% | — | — |
| Voltamp Transformers Ltd. | Capital Goods | 1.18% | ₹5.26 Cr | +1.15% | +1.18% | — |
| BEML Ltd. | Capital Goods | 1.15% | ₹5.10 Cr | +1.00% | +0.95% | — |
| Midwest Ltd. | Materials | 1.15% | ₹5.12 Cr | — | — | — |
| Fusion Finance Ltd. | Financial | 1.13% | ₹5.03 Cr | +1.21% | +1.00% | — |
| Kaveri Seed Company Ltd. | Consumer Staples | 1.10% | ₹4.91 Cr | +1.33% | +0.94% | +0.92% |
| Gabriel India Ltd. | Automobile | 1.06% | ₹4.72 Cr | — | — | — |
| Housing & Urban Development Corporation Ltd. | Financial | 1.03% | ₹4.57 Cr | +1.24% | +1.19% | +1.45% |
| Others | Others | 1.03% | ₹4.57 Cr | +1.70% | +3.81% | +1.84% |
| Indusind Bank Ltd. | Financial | 1.01% | ₹4.49 Cr | +1.02% | +1.02% | +0.87% |
| IDFC First Bank Ltd. | Financial | 0.97% | ₹4.34 Cr | — | — | — |
| Thyrocare Technologies Ltd. | Healthcare | 0.96% | ₹4.28 Cr | — | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 0.95% | ₹4.23 Cr | +0.64% | +0.73% | — |
| Sandhar Technologies Ltd. | Automobile | 0.94% | ₹4.20 Cr | +0.48% | — | — |
| Lemon Tree Hotels Ltd. | Services | 0.93% | ₹4.13 Cr | +1.02% | +0.88% | — |
| CCL Products (India) Ltd. | Consumer Staples | 0.89% | ₹3.95 Cr | +1.01% | — | — |
| Engineers India Ltd. | Construction | 0.88% | ₹3.90 Cr | +0.89% | +1.01% | +1.25% |
| PG Electroplast Ltd. | Capital Goods | 0.87% | ₹3.87 Cr | +0.93% | +1.00% | +0.66% |
| Hindustan Copper Ltd. | Metals & Mining | 0.86% | ₹3.83 Cr | — | — | — |
| Central Depository Services (India) Ltd. | Financial | 0.83% | ₹3.69 Cr | +0.84% | +0.89% | +1.01% |
| Kotak Mahindra Bank Ltd. | Financial | 0.83% | ₹3.67 Cr | +0.76% | +0.84% | +0.83% |
| KFin Technologies Ltd. | Financial | 0.82% | ₹3.63 Cr | +0.84% | +1.03% | +0.57% |
| CreditAccess Grameen Ltd. | Financial | 0.81% | ₹3.60 Cr | +0.93% | +0.68% | — |
| CMS Info Systems Ltd. | Services | 0.80% | ₹3.56 Cr | +1.00% | +1.19% | +0.70% |
| Aequs Ltd. | Technology | 0.75% | ₹3.35 Cr | — | — | — |
| Eternal Ltd. | Services | 0.74% | ₹3.31 Cr | +0.61% | +0.64% | — |
| JSW Energy Ltd. | Capital Goods | 0.72% | ₹3.22 Cr | +0.84% | +0.83% | — |
| Cummins India Ltd. | Capital Goods | 0.65% | ₹2.88 Cr | +0.76% | +0.74% | +0.56% |
| Gokaldas Exports Ltd. | Textiles | 0.62% | ₹2.75 Cr | — | — | — |
| NBCC (India) Ltd. | Construction | 0.59% | ₹2.61 Cr | +0.77% | +0.70% | +1.62% |
| Mrs. Bectors Food Specialities Ltd. | Consumer Staples | 0.50% | ₹2.20 Cr | +0.59% | +0.72% | +0.62% |
| Supreme Petrochem Ltd. | Materials | 0.34% | ₹1.51 Cr | +1.18% | +1.49% | +1.47% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| CSB Bank Ltd. | 1.44% | 0.00% | -1.44% |
| Manipal Payment and Identity Solutions Ltd. | 0.00% | 1.32% | +1.32% |
| Midwest Ltd. | 0.00% | 1.15% | +1.15% |
| Gabriel India Ltd. | 0.00% | 1.06% | +1.06% |
| Tata Power Company Ltd. | 0.98% | 0.00% | -0.98% |
| IDFC First Bank Ltd. | 0.00% | 0.97% | +0.97% |
| EFC (I) Ltd. | 0.68% | 1.65% | +0.97% |
| HDFC Bank Ltd. | 3.30% | 2.39% | -0.91% |
| Shakti Pumps (India) Ltd. | 0.73% | 1.62% | +0.89% |
| Supreme Petrochem Ltd. | 1.17% | 0.34% | -0.83% |
| Aequs Ltd. | 0.00% | 0.75% | +0.75% |
| SJS Enterprises Ltd. | 0.62% | 1.25% | +0.63% |
| Gokaldas Exports Ltd. | 0.00% | 0.62% | +0.62% |
| Axis Bank Ltd. | 2.74% | 2.19% | -0.55% |
| Bharti Airtel Ltd. | 1.96% | 1.48% | -0.48% |
| Kei Industries Ltd. | 2.18% | 1.76% | -0.42% |
| Sansera Engineering Ltd. | 2.38% | 2.80% | +0.42% |
| Welspun Corp Ltd. | 2.24% | 2.65% | +0.41% |
| Others | 1.41% | 1.03% | -0.38% |
| Supriya Lifescience Ltd. | 1.58% | 1.96% | +0.38% |
| Cholamandalam Investment and Finance Company Ltd. | 3.09% | 2.80% | -0.29% |
| Standard Engineering Technology Limited | 2.08% | 1.83% | -0.25% |
| Mrs. Bectors Food Specialities Ltd. | 0.72% | 0.50% | -0.22% |
| Elecon Engineering Company Ltd. | 1.19% | 1.39% | +0.20% |
| Gandhar Oil Refinery (India) Ltd. | 1.58% | 1.78% | +0.20% |
| Bajaj Finance Ltd. | 2.69% | 2.54% | -0.15% |
| Mahindra & Mahindra Ltd. | 2.36% | 2.21% | -0.15% |
| State Bank of India | 2.48% | 2.34% | -0.14% |
| RBL Bank Ltd. | 1.08% | 1.20% | +0.12% |
| Fusion Finance Ltd. | 1.24% | 1.13% | -0.11% |
| PG Electroplast Ltd. | 0.98% | 0.87% | -0.11% |
| Shriram Finance Ltd | 1.07% | 1.18% | +0.11% |
| ICICI Bank Ltd. | 1.96% | 1.86% | -0.10% |
| Thyrocare Technologies Ltd. | 1.05% | 0.96% | -0.09% |
| Indusind Bank Ltd. | 1.09% | 1.01% | -0.08% |
| KFin Technologies Ltd. | 0.90% | 0.82% | -0.08% |
| Sanghvi Movers Ltd. | 2.17% | 2.25% | +0.08% |
| BEML Ltd. | 1.07% | 1.15% | +0.08% |
| Aditya Birla Real Estate Ltd | 1.85% | 1.78% | -0.07% |
| Sandhar Technologies Ltd. | 1.01% | 0.94% | -0.07% |
| Usha Martin Ltd. | 1.77% | 1.84% | +0.07% |
| Engineers India Ltd. | 0.95% | 0.88% | -0.07% |
| IIFL Finance Ltd. | 2.27% | 2.20% | -0.07% |
| Hindustan Copper Ltd. | 0.92% | 0.86% | -0.06% |
| Larsen & Toubro Ltd. | 1.60% | 1.54% | -0.06% |
| P N Gadgil Jewellers Ltd. | 1.13% | 1.19% | +0.06% |
| Central Depository Services (India) Ltd. | 0.88% | 0.83% | -0.05% |
| Housing & Urban Development Corporation Ltd. | 1.08% | 1.03% | -0.05% |
| CMS Info Systems Ltd. | 0.85% | 0.80% | -0.05% |
| LG Electronics India Ltd. | 0.90% | 0.95% | +0.05% |
| Manappuram Finance Ltd. | 1.39% | 1.34% | -0.05% |
| Aptus Value Housing Finance India Ltd. | 1.35% | 1.31% | -0.04% |
| Divi's Laboratories Ltd. | 1.46% | 1.50% | +0.04% |
| NTPC Ltd. | 1.42% | 1.46% | +0.04% |
| TVS Motor Company Ltd. | 2.94% | 2.90% | -0.04% |
| company:20133 | 0.04% | 0.00% | -0.04% |
| Anupam Rasayan India Ltd. | 1.29% | 1.26% | -0.03% |
| Karur Vysya Bank Ltd. | 1.23% | 1.20% | -0.03% |
| NBCC (India) Ltd. | 0.62% | 0.59% | -0.03% |
| Kotak Mahindra Bank Ltd. | 0.80% | 0.83% | +0.03% |
| Cohance Lifesciences Ltd. | 1.76% | 1.78% | +0.02% |
| Cummins India Ltd. | 0.67% | 0.65% | -0.02% |
| Kaveri Seed Company Ltd. | 1.12% | 1.10% | -0.02% |
| Kirloskar Pneumatic Company Ltd. | 1.76% | 1.74% | -0.02% |
| Lemon Tree Hotels Ltd. | 0.91% | 0.93% | +0.02% |
| PNB Housing Finance Ltd. | 1.82% | 1.84% | +0.02% |
| CreditAccess Grameen Ltd. | 0.83% | 0.81% | -0.02% |
| CCL Products (India) Ltd. | 0.90% | 0.89% | -0.01% |
| Eternal Ltd. | 0.73% | 0.74% | +0.01% |
| JSW Energy Ltd. | 0.73% | 0.72% | -0.01% |
| Jubilant Ingrevia Ltd. | 1.29% | 1.30% | +0.01% |
| Sobha Ltd. | 1.40% | 1.41% | +0.01% |
| Five-Star Business Finance Ltd. | 1.18% | 1.18% | 0.00% |
| Park Medi World Ltd. | 1.69% | 1.69% | 0.00% |
| Voltamp Transformers Ltd. | 1.18% | 1.18% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,088 Cr | 2.35% | 8.8% | 8.1% | 13.5% |
 Motilal Oswal ELSS Tax Saver Fund | ₹4,890 Cr | 2.07% | 8.1% | 8.8% | 16.0% |
 HSBC ELSS Tax saver Fund | ₹3,974 Cr | 1.98% | 8.0% | 7.9% | 12.9% |
 Baroda BNP Paribas ELSS Tax Saver Fund | ₹857 Cr | 2.46% | 6.6% | 7.2% | 11.9% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹481 Cr | 2.60% | 10.8% | 8.6% | — |
 JM ELSS - Tax Saver Fund | ₹240 Cr | 2.66% | 10.6% | 7.7% | 13.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities.
Fund managers
- Alok RanjanMr. Ranjan has done MBA (Finance), BSc Physics (Honors)Prior to joining ITI Mutual Fund,he was associated with IDBI Asset Management Limited, Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
- Dhimant ShahMr. Shah is a B.Com (H) and Chartered Accountant.Prior to joining ITI Mutual Fund, he has worked with Principal Mutual Fund, HSBC AMC, Reliance Mutual Fund, ASK Raymond James Securities Pvt. Ltd. and IL&FS AMC. Senior Analyst from April 1997 to August 2003.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.03% absolute | ₹60,000 | ₹60,618 | 1.03% | |
| 1 year−1.57% annualised | ₹1,20,000 | ₹1,18,984 | −0.85% | |
| 3 years12.03% annualised | ₹3,60,000 | ₹4,35,287 | 20.91% | |
| 5 years9.66% annualised | ₹6,00,000 | ₹7,73,630 | 28.94% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ITI ELSS Tax Saver Fund?
The NAV of ITI ELSS Tax Saver Fund is ₹24.35 as on 9 Nov 2026.
What is the expense ratio of ITI ELSS Tax Saver Fund?
The expense ratio of ITI ELSS Tax Saver Fund is 2.60% per year.
What is the minimum SIP amount for ITI ELSS Tax Saver Fund?
You can start a SIP in ITI ELSS Tax Saver Fund with ₹3,000 a month.
What returns has ITI ELSS Tax Saver Fund given?
ITI ELSS Tax Saver Fund has returned 2.0% over 1 year, 3.8% over 3 years and 11.1% over 5 years (annualised).
Is there a lock-in or exit load on ITI ELSS Tax Saver Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is ITI ELSS Tax Saver Fund?
ITI ELSS Tax Saver Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages ITI ELSS Tax Saver Fund?
ITI ELSS Tax Saver Fund is managed by ITI Mutual Fund, which runs 20 schemes with ₹12,469 Cr under management.