Top three ELSS funds for 2017: ELSS are eligible for 80C deduction under income tax Act. In ELSS we can invest either lump sum or via SIP. It is better to choose SIP over lump sum investment as it capture the various levels of market.Here
Top three ELSS funds for 2017:
ELSS are eligible for 80C deduction under income tax Act. In ELSS we can invest either lump sum or via SIP. It is better to choose SIP over lump sum investment as it capture the various levels of market.Here we have compiled theΒ Top three ELSS funds for 2017:
Top 3 Tax Saving Funds
Scheme Name
1 Year Return
3 Years Return
5 Years Return
Axis LT Equity Fund(G)
2.0%
21.0%
22.1%
Birla SL Tax Relief β96(G)
7.4%
21.3%
21.0%
Reliance Tax Saver (ELSS) Fund(G)
10.0%
24.6%
23.0%
S&P BSE SENSEX
7.3%
8.9%
11.0%
Returns as on January 06, 2017
1 year returns are absolute; 3 years and 5 years returns are CAGR
Disclaimer:
The investor should independently evaluate the investment risks. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The fund may or may not be suitable for all investors, who must make their own investment decisions, based on their own investment objectives, financial positions and needs. This document may not be taken in substitution for the exercise of independent judgement by any investor. There is no assurance or guarantee that the objective of the investments will be achieved. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
