Equity-Linked Savings Schemes (ELSS) are not just for tax savings. Data shows that ELSS have delivered better returns like any other equity funds over the long run too, say 7-10 years. Performance as measured by 10-year rolling returns that calculated from the last 15 years’ NAV history shows that the ELSS category delivered a compounded annualised return of 13.6% while the Nifty 500 – TRI clocked 12.8%.
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
Read More
