New Delhi, April 25 -- Before investing in a mutual fund scheme, it is advisable to examine its past returns and compare them with similar schemes in the same category. Here, we share the past returns of two equity-linked savings scheme (ELSS) funds, which have delivered over five-fold returns since their launch.
These two schemes are DSP ELSS Tax Saver Fund and Motilal Oswal ELSS Tax Saver Fund, which have grown by 7.8 and 5.2 times, respectively.
If someone had invested Rs.1 lakh a year ago in DSP ELSS Tax Saver Fund, it would have grown to Rs.1.17 lakh, according to a calculation on dspim.com. In three years, an investment of Rs.1 lakh would have swelled to Rs.1.74 lakh, thus delivering a return of 20.42 per cent.
In five years, an ...
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