Top Tax Saving ELSS Mutual Funds - Direct+0.4%

-7.7%
1 Year Return
Equity
ELSS
4.0 star
1Y
3Y
5Y

Funds in this Plan

Fund NamePercentageRatingExpense RatioMin SIP Amount
Reliance Tax Saver (ELSS) Fund - Direct - Growth33.3%2 star1.33%500
IDFC Tax Advantage (ELSS) Fund - Direct - Growth33.3%4 star1.18%500
Aditya Birla Sun Life Tax Relief 96 - Direct - Growth33.3%5 star1.11%500

Description

Purpose: Invest in this portfolio if you want to save tax under section 80C. Both the investments and returns are tax-exempt upto a limit of 1.5L under section 80C.

Ideal way of investing: Lumpsum

How much to invest: Total for the year should be 1.2 Lac, rest can be your EPF, etc.

Ideal investment duration: 5+ years

Rationale: Has only Tax Saving ELSS funds. Diversified across top performing mutual funds. Selected Reliance Tax Saver Fund because it generated highest returns with high risk. IDFC Tax Advantage (ELSS) Fund because of it generated highest risk-adjusted returns in this category. Birla Sun Life Tax Relief 96 has a focus on MNC which have given very good returns.

Returns
Fund
1Y
3Y
5Y
Top Tax Saving ELSS Mutual Funds - Direct
-7.7%
11.7% p.a
19.7% p.a

SIP Calculator

I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -7.7% annual returns

    Other Details

    Top Tax Saving ELSS Mutual Funds - Direct

    RiskModerately High
    Min SIP Amount₹1500
    Created ByIshan Bansal
    Expense Ratio2.21%
    Min Lumpsum Amount₹1500
    Created21 Dec 2017
    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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