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 |
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Expense Ratios (%) | Add to watchlist | Add to My Investments | ||||
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Returns (%) | Returns (growth of 1 lakh) | SIP Return (%) | SIP Return (growth of 10k/mth) | ||||||||
Bandhan Tax Advtg (ELSS) Dir | Invest Online | EQ-ELSS | 20.05 | 1,20,051 | 28.61 | 1,36,966 | 0.63 | |||||
Bank of Ind Tax Advtg Dir | Invest Online | EQ-ELSS | 18.22 | 1,18,223 | 31.41 | 1,38,560 | 1.24 | |||||
Canara Robeco Eqt Tax Saver Dir | Invest Online | EQ-ELSS | 11.45 | 1,11,453 | 18.85 | 1,31,328 | 0.56 | |||||
DSP Tax Saver Dir | EQ-ELSS | 17.72 | 1,17,719 | 27.17 | 1,36,146 | 0.80 | |||||
Kotak Tax Saver Dir | Invest Online | EQ-ELSS | 17.19 | 1,17,194 | 25.44 | 1,35,149 | 0.56 | |||||
Mahindra Manulife ELSS Dir | EQ-ELSS | 18.59 | 1,18,590 | 26.53 | 1,35,778 | 0.67 | |||||
Mirae Asset Tax Saver Dir | Invest Online | EQ-ELSS | 17.09 | 1,17,094 | 25.29 | 1,35,067 | 0.66 | |||||
PGIM Ind ELSS Tax Saver Dir | Invest Online | EQ-ELSS | 15.30 | 1,15,300 | 17.91 | 1,30,781 | 0.85 | |||||
Parag Parikh Tax Saver Dir | Invest Online | EQ-ELSS | 18.46 | 1,18,462 | 25.78 | 1,35,347 | 0.77 | |||||
Quant Tax Plan Dir | EQ-ELSS | 10.17 | 1,10,168 | 26.32 | 1,35,660 | 0.76 | |||||
SBI LT Eqt Dir | Invest Online | EQ-ELSS | 27.07 | 1,27,071 | 38.36 | 1,42,467 | 1.02 | |||||
Union Tax Saver (ELSS) Dir | EQ-ELSS | 15.05 | 1,15,048 | 24.19 | 1,34,434 | 1.47 |