Which is the best ELSS to invest now?
Top Mutual Fund Schemes to Invest
- Nippon India Tax Saver (ELSS) Direct-G.
- LIC MF Tax Plan Direct-G.
- Principal Personal Tax Saver Direct.
- Canara Robeco Equity Tax Saver Direct-G.
- SBI Long Term Equity Fund Direct-G.
- Baroda ELSS 96 Direct-G.
- BNP Paribas Long Term Equity Direct-G. 63.4130.
- Union Long Term Equity Direct-G. 43.6400.
Which fund is best for SIP?
The table below shows the best equity funds:
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| ICICI Prudential Technology Fund – Direct Plan – Growth | 35.43\% | 46.41\% |
| ICICI Prudential Technology Fund | 34.27\% | 45.16\% |
| Aditya Birla Sun Life Digital India Fund – Growth-Direct Plan | 34.5\% | 44.93\% |
| TATA Digital India Fund DIRECT Plan Growth | 36.41\% | 44.38\% |
What are the best ELSS funds for tax saving?
Best ELSS funds are also known as the tax saving Mutual Funds as they offer tax benefits under Section 80C of the income tax Act. Moreover, the ELSS Mutual Funds are open-ended & offer 2 modes of investments
Which are the top 10 ELSS mutual funds in India?
Top 10 Elss Mutual Funds Fund Name 1Y Returns Rating Fund Size (in Cr) Quant Tax Plan Fund 89.1\% 5 star ₹ 327 Mirae Asset Tax Saver Fund 63.1\% 5 star ₹ 8,739 Canara Robeco Equity Tax Saver 65.5\% 5 star ₹ 2,469 BOI AXA Tax Advantage Fund 71.2\% 4 star ₹ 490
What is the investment objective of IDFC tax advantage (ELSS) fund?
The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised. IDFC Tax Advantage (ELSS) Fund is a Equity – ELSS fund was launched on 26 Dec 08.
What are equity linked savings schemes?
Best elss Funds or Equity Linked Savings Schemes are equity diversified Mutual Funds that majorly invest in equity-linked instruments (like shares and stocks) to provide market-linked returns. Typically, 80\% of the fund corpus is invested in equity and the remaining in debt instruments.