MFGrowth

Reliance Equity Linked Saving Fund - Series I - Growth

elssEquity - ELSSBenchmark: BSE 100
NAV · 02 Apr 2018₹32.08+0.01%
AUM₹125 Cr
Expense Ratio2.25%
CAGR
Exit LoadNil
Min SIP
Launched2008

Investment Objective

to generate long-term capital appreciation from a portfolio that is invested predominantly in equities along with income tax benefit.

Fund Mandate

Debt0%–20%
Equity80%–100%
MMI0%–20%
Others0%–20%
Asset Allocation
Cash & Equivalents100.0%
Fund Managers
SR
Sailesh Raj Bhan
Fund Manager
Key Information
2.25%
₹500
Nil
3 years
Inception31 Mar 2008
AMC
Top Holdings
1CBLO100.08%
Sector Allocation
Other100.1%
Trailing Returns
PeriodReturns
1 Day+0.01%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.25%
Nil
3 years
₹500
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme