Skip to main content

Posts

Showing posts from 2019

Best ELSS Mutual Funds in 2018-19 for Tax Saving and Money Growth

ELSS (Equity Linked Savings Scheme) funds are equity-based mutual funds that offer tax rebate under income tax section 80C. ELSS funds have a lock-in period of 3 years and generate good return over a longer period. Here I am listing some best performing ELSS mutual funds that will help you in managing tax and building a huge corpus over time. Scheme Name 3 Year Return 5 Year Return Axis Long Term Equity - Direct (G) 12.2 20.6 ABSL Tax Relief '96-Direct (G) 14.3 20.4 Invesco India Tax Plan (G) 12.0 17.9 IDFC Tax Adv. (ELSS) -Direct (G) 13.2 17.6 This post is for information purpose, Please choose your funds wisely.