Which ELSS is the best?
The table below shows the top-performing ELSS mutual funds based on the past five year returns:
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| Canara Robeco Equity Tax Saver Fund | 21\% | 25.61\% |
| JM Tax Gain Fund – Growth | 19.21\% | 25.4\% |
| Mirae Asset Tax Saver Fund | 22.39\% | 24.84\% |
| Union Long Term Equity Fund Growth | 16.54\% | 24.52\% |
Which fund is best to invest in 2020?
Top 10 Mutual Funds in India 2020
- ICICI Prudential Focused Bluechip Equity Fund.
- Aditya Birla Sun Life Small & Midcap Fund.
- Tata Equity PE Fund.
- HDFC Monthly Income Plan – MTP.
- L Tax Advantage Fund.
- SBI Nifty Index Fund.
- Kotak Corporate Bond Fund.
- Canara Robeco Gilt PGS.
Is it good to invest in ELSS now?
Some investors use ELSS to fund their retirement or a long term plan. Every investment made today in ELSS can work as an annuity for the future years. Currently, the 1-year, 3-year 5-year average annualised growth of ELSS funds is nearly 54 per cent, 14 per cent and 14.25 per cent respectively.
How do I choose the best ELSS?
How to select the right ELSS fund and create wealth
- Market Cap Composition Of The Portfolio.
- Understand The Concentration Risk And Over-diversification.
- Check The Expense Ratio Of The ELSS Fund.
- Check The Basic Parameters.
- Compare The ELSS Fund With Other Equity Funds You Have Invested.
- Finally.
Which is the best SIP to invest in 2021?
Best Mutual Fund for SIP to Invest in December 2021
| Fund Name | 1Y CAGR 3Y CAGR 5Y CAGR Till Date CAGR | Till Date CAGR |
|---|---|---|
| Kotak Bluechip fund (G) | 19.2\% | – |
| ICICI Prudential Bluechip Fund (G) | 17.1\% | 14.6\% |
| Axis Bluechip Fund (G) | 19.4\% | 13.5\% |
| Mirae Asset Large Cap Fund (G) | 17.6\% | 16.1\% |
How to pick top ELSS mutual funds to invest in 2020?
Below is the methodology we have used in picking up Top ELSS mutual funds funds to invest in 2020 in India. 1) ELSS Mutual Fund schemes that have performed well in the last 5-10 years are considered here. 2) Tax Saving Funds that have performed well in various stock market cycles are further filtered.
What are the returns of ELSS funds?
The returns of the ELSS funds reflect returns from the equity markets. ELSS schemes are open ended, which means, the investor can subscribe to the fund at any day. NAV (Net Asset Value) of the fund is decided on every business day. What is our methodology in picking the Top ELSS funds for 2020?
Is ELSS eligible for 80C tax?
ELSS or tax saving mutual funds are eligible for income tax u/s 80c up to Rs 1.5 Lakhs for a financial year. Which ELSS is best to invest in 2020?
What are 5 star and 4 star ELSS funds from value research?
Value Research rates the funds as 5 stars to 1 star. The higher the stars, the fund is categorized as highly rated one. The funds we indicated are all 5 star and 4 star ELSS funds from value research. Readers, do you think this article covers all your queries?