ELSS Mutual Funds for Tax Benefits

What Are ELSS Funds?

Features of ELSS Funds

How to Invest in ELSS Mutual Funds?

Benefits of Investing in ELSS Funds

Things to Keep in Mind While Investing in an ELSS Fund

How Much Are the Returns for ELSS Funds?

 

The average return applicable for ELSS funds is around 11% to 17%. Furthermore, the table given below offers an idea of ELSS funds returns by highlighting the best ELSS funds in 2021 and their past returns:

[1] [2]

Scheme Name

3-Year Returns

5-Year Returns

Mirae Asset Tax Saver

19.40%

20.38%

DSP Tax Saver

17.08%

15.99%

ICICI Prudential Long Term Equity

14.33%

13.57%

Axis Long Term Equity

15.69%

16.18%

Kotak Tax Saver

16.18%

15.06%

*data as on 21 October 2021

ELSS funds offer the perks of equity investments along with tax savings. That said, keep the above-mentioned points in mind before choosing a scheme to make an informed investment decision.

Frequently Asked Questions