Equity-linked savings schemes, or ELSS as they are popularly known, are the most suitable alternative to build wealth while saving taxes under Section 80C. But you should consider investing these funds only if you don't need to redeem your money... for at least the next five years. Over this timeframe, you can expect gains that comfortably beat the rate of inflation and the returns offered by fixed income options.But be prepared for ups and downs in your investment value along the way. The table below lists ELSS funds rated four or five star by Value Research. Read more
| Fund name | Rating | VR Opinion | Category |
|
Expense Ratios (%) | Add to watchlist | Add to My Investments | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Returns (%) | Returns (growth of 1 lakh) | SIP Return (%) | SIP Return (growth of 10k/mth) | ||||||||
| Bandhan ELSS Tax Saver Dir | Invest Online |  | EQ-ELSS | 32.19 | 1,32,192 | 38.02 | 1,40,118 | 0.63 | ||||
| Bank of India ELSS Tax Saver Fund Dir | Invest Online |  | EQ-ELSS | 43.94 | 1,43,935 | 44.47 | 1,43,328 | 0.96 | ||||
| DSP ELSS Tax Saver Dir | | EQ-ELSS | 45.96 | 1,45,961 | 56.49 | 1,49,189 | 0.68 | ||||
| HDFC ELSS Tax Saver Dir | Invest Online | | EQ-ELSS | 43.43 | 1,43,427 | 48.21 | 1,45,167 | 1.09 | ||||
| ITI ELSS Tax Saver Dir | | EQ-ELSS | 56.06 | 1,56,061 | 50.98 | 1,46,518 | 0.48 | ||||
| JM ELSS Tax Saver Dir | | EQ-ELSS | 51.56 | 1,51,556 | 61.53 | 1,51,597 | 1.13 | ||||
| Kotak ELSS Tax Saver Dir | Invest Online | | EQ-ELSS | 38.71 | 1,38,705 | 41.69 | 1,41,947 | 0.52 | ||||
| Motilal Oswal ELSS Tax Saver Dir | Invest Online | | EQ-ELSS | 67.04 | 1,67,044 | 68.75 | 1,55,009 | 0.65 | ||||
| Parag Parikh ELSS Tax Saver Dir | Invest Online | | EQ-ELSS | 34.12 | 1,34,121 | 39.47 | 1,40,841 | 0.62 | ||||
| Quant ELSS Tax Saver Dir | | EQ-ELSS | 46.36 | 1,46,361 | 43.46 | 1,42,829 | 0.65 | ||||
| SBI Long Term Equity Dir | Invest Online | | EQ-ELSS | 51.92 | 1,51,916 | 55.28 | 1,48,606 | 0.95 | ||||
