General

Which ELSS is best to invest in 2020?

Which ELSS is best to invest in 2020?

Basis this parameter, these are the seven best ELSS mutual funds hand-picked by us:

  • Axis Long Term Equity Fund.
  • Invesco India Tax Plan.
  • DSP Tax Saver.
  • Kotak Tax Saver Fund.
  • Mirae Tax Saver Fund.
  • Canara Robeco Equity Tax Saver Fund.
  • Motilal Oswal Long Term Equity Fund.
  • The Bottom line:

Which ELSS fund is best 2021?

List of Top ELSS Funds to Invest in 2021

  • Mirae Asset Tax Saver Fund.
  • Canara Robeco Equity Taxsaver fund.
  • DSP Tax Saver Fund.
  • Axis Long Term Equity Fund.
  • ICICI Prudential Long Term Equity Fund Tax Saving.
  • SBI Magnum Long Term Equity Scheme.
  • BNP Paribas Long Term Equity Fund.

Which ELSS scheme is best?

The table below shows the top-performing ELSS mutual funds based on the past five year returns:

Mutual fund 5 Yr. Returns 3 Yr. Returns
Canara Robeco Equity Tax Saver Fund 20.45\% 25.76\%
Mirae Asset Tax Saver Fund 21.82\% 25.42\%
JM Tax Gain Fund – Growth 19.21\% 25.4\%
DSP Tax Saver Fund – Direct Plan – Growth 18.42\% 24.67\%
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Is Mirae Asset Tax Saver Fund good?

Hence, an investor must understand that their principal amount of investment will be at very high risk. Since its inception, Mirae Asset Taxsaver Fund-Growth has delivered a return of 20.60\%….Mirae Asset Tax Saver Fund- Growth Scheme Details.

1 Year Return 66.40\%
3 Years Return 20.50\%
5 Years Return 21\%

How is Mirae Asset Tax Saver Fund?

Pros and Cons of Mirae Asset Tax Saver Fund The expense ratio of Mirae Asset Tax Saver Fund is as low as 0.64\%, and it comes with nil exit load. The one-year and three-year returns are higher than that of the category average returns. However, the risk-adjusted returns are lower than the category.

Which is best Mirae fund?

List of Mirae Asset Mutual Funds in India

Fund Name Category 1Y Returns
Mirae Asset Great Consumer Fund Equity 38.3\%
Mirae Asset Cash Management Fund Debt 3.4\%
Mirae Asset Focused Fund Equity 48.0\%
Mirae Asset Midcap Fund Equity 56.9\%
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Are capital gains from ELSS taxable?

The Long-Term Capital Gains on ELSS are tax-exempt up to Rs 1 lakh, and dividend received is tax-free in the hands of investors. You can continue to invest in this scheme even after the completion of the lock-in period of three years.