ITI ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹24.94-1.90%1 day
- Return since launch
- 14.3%
- 52-week range
- ₹20.46 — ₹25.79
- AUM
- ₹463 Cr
ITI ELSS Tax Saver Fund is a ELSS equity fund from ITI Mutual Fund with ₹463 Cr under management, launched in 2019. Over three years it has returned 6.9% a year, against 10.3% for its category. The expense ratio is 2.57% 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 +2.1% against -2.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.8% | +8.3 pts | -1.5% | -3.3% |
| 2Y | 5.1% | +4.8 pts | 0.3% | -0.8% |
| 3Y | 6.9% | −3.5 pts | 10.3% | 2.5% |
| 5Y | 12.9% | +3.2 pts | 9.7% | 8.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.9% | +0.9 pts | -3.8% | -4.3% |
| 3M | 0.4% | +1.7 pts | -1.3% | -1.7% |
| 6M | 16.1% | +9.2 pts | 6.8% | 5.7% |
| 1Y | 2.1% | +3.6 pts | -1.5% | -2.3% |
| 2Y | -2.3% | +0.9 pts | -3.2% | -3.9% |
| 3Y | 15.1% | +4.7 pts | 10.3% | 9.2% |
| 5Y | 10.7% | +1.1 pts | 9.7% | 8.6% |
Since launch (15 Jul 2019): 14.3%
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
2.57%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.41%
- 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 | 2.94 | 5.10 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.23 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.57 | 0.70 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.83 | 0.92 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 19.97 | 17.44 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ITI ELSS Tax Saver Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.5%
- Other3.5%
Market cap split
- Large33.4%
- Mid7.2%
- Small59.4%
- P/E
- 23.20
- P/B
- 3.10
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 3.48% | ₹15.95 Cr | +5.06% | +5.66% | +3.90% |
| HDFC Bank Ltd. | Financial | 3.30% | ₹15.29 Cr | +3.76% | +4.58% | +6.47% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 3.09% | ₹14.30 Cr | +2.77% | +3.19% | +2.67% |
| TVS Motor Company Ltd. | Automobile | 2.94% | ₹13.62 Cr | +2.47% | +2.91% | +3.46% |
| Axis Bank Ltd. | Financial | 2.74% | ₹12.68 Cr | +2.94% | +3.23% | +2.88% |
| Bajaj Finance Ltd. | Financial | 2.69% | ₹12.47 Cr | +2.51% | +2.81% | +2.53% |
| State Bank of India | Financial | 2.48% | ₹11.50 Cr | +2.45% | +3.12% | +2.42% |
| Sansera Engineering Ltd. | Automobile | 2.38% | ₹11.03 Cr | +2.03% | +1.79% | +1.33% |
| Mahindra & Mahindra Ltd. | Automobile | 2.36% | ₹10.93 Cr | +2.37% | +1.91% | +1.83% |
| IIFL Finance Ltd. | Financial | 2.27% | ₹10.53 Cr | +1.78% | +1.12% | — |
| Welspun Corp Ltd. | Metals & Mining | 2.24% | ₹10.36 Cr | +1.55% | +2.42% | +2.52% |
| Kei Industries Ltd. | Capital Goods | 2.18% | ₹10.10 Cr | +2.17% | +2.14% | +1.64% |
| Sanghvi Movers Ltd. | Construction | 2.17% | ₹10.05 Cr | +1.87% | +1.37% | +1.75% |
| Standard Engineering Technology Limited | Capital Goods | 2.08% | ₹9.64 Cr | +1.30% | +1.24% | +1.00% |
| Bharti Airtel Ltd. | Communication | 1.96% | ₹9.06 Cr | +2.14% | — | — |
| ICICI Bank Ltd. | Financial | 1.96% | ₹9.08 Cr | +1.84% | +2.06% | +1.62% |
| Aditya Birla Real Estate Ltd | Consumer Staples | 1.85% | ₹8.57 Cr | +1.84% | +1.95% | +2.71% |
| PNB Housing Finance Ltd. | Financial | 1.82% | ₹8.41 Cr | +1.77% | +2.63% | +2.64% |
| Usha Martin Ltd. | Metals & Mining | 1.77% | ₹8.19 Cr | +1.94% | +1.17% | +1.35% |
| Cohance Lifesciences Ltd. | Healthcare | 1.76% | ₹8.15 Cr | +1.81% | +1.55% | — |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 1.76% | ₹8.17 Cr | +2.11% | +1.59% | — |
| Park Medi World Ltd. | Healthcare | 1.69% | ₹7.81 Cr | +0.65% | — | — |
| Larsen & Toubro Ltd. | Construction | 1.60% | ₹7.39 Cr | +1.74% | +1.87% | +1.14% |
| Gandhar Oil Refinery (India) Ltd. | Energy | 1.58% | ₹7.32 Cr | — | — | — |
| Supriya Lifescience Ltd. | Healthcare | 1.58% | ₹7.31 Cr | +2.08% | +1.44% | +1.46% |
| Divi's Laboratories Ltd. | Healthcare | 1.46% | ₹6.78 Cr | +1.12% | +1.10% | +0.57% |
| CSB Bank Ltd. | Financial | 1.44% | ₹6.64 Cr | +1.60% | +0.88% | +0.82% |
| NTPC Ltd. | Energy | 1.42% | ₹6.59 Cr | +1.82% | +1.84% | +1.61% |
| Sobha Ltd. | Construction | 1.40% | ₹6.46 Cr | +1.71% | +1.72% | +2.30% |
| Manappuram Finance Ltd. | Financial | 1.39% | ₹6.44 Cr | +1.44% | +1.28% | +1.21% |
| Aptus Value Housing Finance India Ltd. | Financial | 1.35% | ₹6.23 Cr | +1.53% | +1.46% | — |
| Jubilant Ingrevia Ltd. | Chemicals | 1.29% | ₹5.95 Cr | +0.80% | +0.74% | +0.47% |
| company:16456 | Chemicals | 1.29% | ₹5.98 Cr | — | — | — |
| Fusion Finance Ltd. | Financial | 1.24% | ₹5.76 Cr | +1.20% | +1.20% | — |
| Karur Vysya Bank Ltd. | Financial | 1.23% | ₹5.71 Cr | +1.11% | +1.28% | +0.86% |
| Elecon Engineering Company Ltd. | Capital Goods | 1.19% | ₹5.52 Cr | +0.96% | +0.80% | — |
| Five-Star Business Finance Ltd. | Financial | 1.18% | ₹5.44 Cr | +0.54% | — | — |
| Voltamp Transformers Ltd. | Capital Goods | 1.18% | ₹5.46 Cr | +1.11% | +1.09% | — |
| Supreme Petrochem Ltd. | Materials | 1.17% | ₹5.43 Cr | +1.16% | +1.28% | +1.66% |
| P N Gadgil Jewellers Ltd. | Consumer Discretionary | 1.13% | ₹5.22 Cr | +1.14% | +0.64% | — |
| Kaveri Seed Company Ltd. | Consumer Staples | 1.12% | ₹5.18 Cr | +1.37% | +0.81% | — |
| Indusind Bank Ltd. | Financial | 1.09% | ₹5.06 Cr | +1.07% | +1.14% | +0.90% |
| Housing & Urban Development Corporation Ltd. | Financial | 1.08% | ₹4.99 Cr | +1.31% | +1.23% | +1.37% |
| RBL Bank Ltd. | Financial | 1.08% | ₹5.01 Cr | +1.06% | +1.01% | — |
| BEML Ltd. | Capital Goods | 1.07% | ₹4.96 Cr | +1.03% | +1.03% | — |
| Shriram Finance Ltd | Financial | 1.07% | ₹4.95 Cr | +0.99% | — | — |
| company:14273 | Healthcare | 1.05% | ₹4.85 Cr | — | — | — |
| Sandhar Technologies Ltd. | Automobile | 1.01% | ₹4.68 Cr | — | — | — |
| PG Electroplast Ltd. | Capital Goods | 0.98% | ₹4.56 Cr | +0.89% | +1.18% | +0.72% |
| Tata Power Company Ltd. | Energy | 0.98% | ₹4.55 Cr | +1.29% | +1.18% | +1.20% |
| Engineers India Ltd. | Construction | 0.95% | ₹4.39 Cr | +0.91% | +1.08% | +1.33% |
| company:1511 | Metals & Mining | 0.92% | ₹4.25 Cr | — | — | — |
| Lemon Tree Hotels Ltd. | Services | 0.91% | ₹4.21 Cr | +1.06% | +0.88% | — |
| CCL Products (India) Ltd. | Consumer Staples | 0.90% | ₹4.18 Cr | +0.96% | — | — |
| KFin Technologies Ltd. | Financial | 0.90% | ₹4.19 Cr | +0.87% | +0.99% | +0.57% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.90% | ₹4.16 Cr | +0.66% | +0.71% | — |
| Central Depository Services (India) Ltd. | Financial | 0.88% | ₹4.09 Cr | +0.85% | +0.89% | +1.02% |
| CMS Info Systems Ltd. | Services | 0.85% | ₹3.91 Cr | +1.18% | +1.20% | +0.79% |
| CreditAccess Grameen Ltd. | Financial | 0.83% | ₹3.86 Cr | +0.86% | +0.65% | — |
| Kotak Mahindra Bank Ltd. | Financial | 0.80% | ₹3.69 Cr | +0.79% | +0.88% | +0.84% |
| Eternal Ltd. | Services | 0.73% | ₹3.40 Cr | +0.61% | +0.61% | — |
| JSW Energy Ltd. | Capital Goods | 0.73% | ₹3.39 Cr | +0.91% | +0.76% | — |
| Shakti Pumps (India) Ltd. | Capital Goods | 0.73% | ₹3.38 Cr | +0.85% | +0.86% | +0.86% |
| Mrs. Bectors Food Specialities Ltd. | Consumer Staples | 0.72% | ₹3.35 Cr | +0.59% | +0.74% | — |
| company:6326 | Services | 0.68% | ₹3.12 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 0.67% | ₹3.09 Cr | +0.83% | +0.71% | +0.57% |
| NBCC (India) Ltd. | Construction | 0.62% | ₹2.87 Cr | +0.78% | +0.74% | +1.54% |
| SJS Enterprises Ltd. | Automobile | 0.62% | ₹2.87 Cr | +0.06% | — | — |
| TVS Motor Company Ltd - Pref. Shares | Automobile | 0.04% | ₹0.18 Cr | +0.04% | +0.04% | +0.04% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 3.34% | 1.41% | -1.93% |
| company:16456 | 0.00% | 1.29% | +1.29% |
| Bikaji Foods International Ltd. | 1.20% | 0.00% | -1.20% |
| company:14273 | 0.00% | 1.05% | +1.05% |
| ITC Hotels Ltd. | 0.96% | 0.00% | -0.96% |
| company:1511 | 0.00% | 0.92% | +0.92% |
| Urban Company Ltd. | 0.89% | 0.00% | -0.89% |
| company:6326 | 0.00% | 0.68% | +0.68% |
| Welspun Corp Ltd. | 1.57% | 2.24% | +0.67% |
| Elecon Engineering Company Ltd. | 0.74% | 1.19% | +0.45% |
| Sandhar Technologies Ltd. | 0.59% | 1.01% | +0.42% |
| Sansera Engineering Ltd. | 2.02% | 2.38% | +0.36% |
| Standard Engineering Technology Limited | 1.73% | 2.08% | +0.35% |
| Bajaj Finance Ltd. | 2.96% | 2.69% | -0.27% |
| Kei Industries Ltd. | 1.93% | 2.18% | +0.25% |
| HDFC Bank Ltd. | 3.54% | 3.30% | -0.24% |
| Bharti Airtel Ltd. | 2.17% | 1.96% | -0.21% |
| Gandhar Oil Refinery (India) Ltd. | 1.39% | 1.58% | +0.19% |
| P N Gadgil Jewellers Ltd. | 1.32% | 1.13% | -0.19% |
| Divi's Laboratories Ltd. | 1.27% | 1.46% | +0.19% |
| Sanghvi Movers Ltd. | 1.98% | 2.17% | +0.19% |
| Manappuram Finance Ltd. | 1.55% | 1.39% | -0.16% |
| CreditAccess Grameen Ltd. | 0.99% | 0.83% | -0.16% |
| Supriya Lifescience Ltd. | 1.74% | 1.58% | -0.16% |
| Sobha Ltd. | 1.55% | 1.40% | -0.15% |
| PNB Housing Finance Ltd. | 1.69% | 1.82% | +0.13% |
| Engineers India Ltd. | 0.82% | 0.95% | +0.13% |
| Jubilant Ingrevia Ltd. | 1.42% | 1.29% | -0.13% |
| Mahindra & Mahindra Ltd. | 2.48% | 2.36% | -0.12% |
| Tata Power Company Ltd. | 1.10% | 0.98% | -0.12% |
| Aditya Birla Real Estate Ltd | 1.97% | 1.85% | -0.12% |
| Axis Bank Ltd. | 2.63% | 2.74% | +0.11% |
| NTPC Ltd. | 1.53% | 1.42% | -0.11% |
| Kirloskar Pneumatic Company Ltd. | 1.86% | 1.76% | -0.10% |
| LG Electronics India Ltd. | 0.80% | 0.90% | +0.10% |
| BEML Ltd. | 0.98% | 1.07% | +0.09% |
| Cohance Lifesciences Ltd. | 1.67% | 1.76% | +0.09% |
| Aptus Value Housing Finance India Ltd. | 1.44% | 1.35% | -0.09% |
| Housing & Urban Development Corporation Ltd. | 1.17% | 1.08% | -0.09% |
| IIFL Finance Ltd. | 2.18% | 2.27% | +0.09% |
| Voltamp Transformers Ltd. | 1.09% | 1.18% | +0.09% |
| CMS Info Systems Ltd. | 0.93% | 0.85% | -0.08% |
| PG Electroplast Ltd. | 1.06% | 0.98% | -0.08% |
| CCL Products (India) Ltd. | 0.98% | 0.90% | -0.08% |
| Fusion Finance Ltd. | 1.31% | 1.24% | -0.07% |
| NBCC (India) Ltd. | 0.69% | 0.62% | -0.07% |
| JSW Energy Ltd. | 0.79% | 0.73% | -0.06% |
| Park Medi World Ltd. | 1.75% | 1.69% | -0.06% |
| Shakti Pumps (India) Ltd. | 0.79% | 0.73% | -0.06% |
| Cummins India Ltd. | 0.73% | 0.67% | -0.06% |
| Kotak Mahindra Bank Ltd. | 0.75% | 0.80% | +0.05% |
| Mrs. Bectors Food Specialities Ltd. | 0.67% | 0.72% | +0.05% |
| CSB Bank Ltd. | 1.40% | 1.44% | +0.04% |
| Cholamandalam Investment and Finance Company Ltd. | 3.13% | 3.09% | -0.04% |
| Eternal Ltd. | 0.69% | 0.73% | +0.04% |
| Five-Star Business Finance Ltd. | 1.22% | 1.18% | -0.04% |
| Shriram Finance Ltd | 1.03% | 1.07% | +0.04% |
| Lemon Tree Hotels Ltd. | 0.95% | 0.91% | -0.04% |
| Kaveri Seed Company Ltd. | 1.16% | 1.12% | -0.04% |
| TVS Motor Company Ltd. | 2.97% | 2.94% | -0.03% |
| Central Depository Services (India) Ltd. | 0.85% | 0.88% | +0.03% |
| State Bank of India | 2.45% | 2.48% | +0.03% |
| Indusind Bank Ltd. | 1.11% | 1.09% | -0.02% |
| Larsen & Toubro Ltd. | 1.58% | 1.60% | +0.02% |
| Usha Martin Ltd. | 1.79% | 1.77% | -0.02% |
| ICICI Bank Ltd. | 1.97% | 1.96% | -0.01% |
| KFin Technologies Ltd. | 0.89% | 0.90% | +0.01% |
| RBL Bank Ltd. | 1.09% | 1.08% | -0.01% |
| SJS Enterprises Ltd. | 0.61% | 0.62% | +0.01% |
| Karur Vysya Bank Ltd. | 1.23% | 1.23% | 0.00% |
| Supreme Petrochem Ltd. | 1.17% | 1.17% | 0.00% |
| TVS Motor Company Ltd - Pref. Shares | 0.04% | 0.04% | 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 | ₹2,530 Cr | 2.34% | 9.5% | 9.4% | 15.2% |
 Motilal Oswal ELSS Tax Saver Fund | ₹5,134 Cr | 2.08% | 17.2% | 12.9% | 18.3% |
 HSBC ELSS Tax saver Fund | ₹4,229 Cr | 1.99% | 5.7% | 8.3% | 13.2% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹507 Cr | 2.59% | 2.8% | 7.1% | — |
 JM ELSS - Tax Saver Fund | ₹248 Cr | 2.69% | 12.5% | 9.3% | 14.1% |
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 months16.08% absolute | ₹60,000 | ₹69,648 | 16.08% | |
| 1 year2.11% annualised | ₹1,20,000 | ₹1,21,380 | 1.15% | |
| 3 years15.06% annualised | ₹3,60,000 | ₹4,57,242 | 27.01% | |
| 5 years10.74% annualised | ₹6,00,000 | ₹7,96,771 | 32.80% |
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 ₹24.94 as on 24 Sep 2026.
What is the expense ratio of ITI ELSS Tax Saver Fund?
The expense ratio of ITI ELSS Tax Saver Fund is 2.57% 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 6.8% over 1 year, 6.9% over 3 years and 12.9% 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 ₹11,302 Cr under management.