Which are aggressive ELSS MF funds for good returns?

ELSS is a Mutual Fund that provides respite to investors under 80C while keeping the money locked in for a nominal time of 3years.

ELSS: Closed Ended Equity Linked Savings Scheme

Since the past decade, it has become a favored route for investing for wealth creation in comparison to the traditional PPF, NPS, EPF, etc.

ELSS v/s PPF for Wealth Creation and Tax Savings

Now, coming to the question: Aggressive ELSS MF funds for good returns

In order to zero in on these funds, we need to keep these points in mind

  1. Fund Size (0–500Cr)
  2. Expense Ratio < 1%
  3. Benchmark (Nifty 500 TRI or S&P BSE 500 TRI)
  4. Fund Composition
Motilal Oswal Nifty 500 Fund
Nifty 500 TRI v/s Other Nifty Index

Considering this, the following schemes stand out

Tax Savings under ELSS

The above suggestion is indicative of the process flow. As an Investor, kindly do your diligence before deciding on the ELSS fund to park your money based on your goals, risk appetite, and horizon.

Hope this helps

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Happy Investing!!

References:

  1. https://www.paisabazaar.com/saving-schemes/elss-vs-ppf/
  2. What Is ELSS And How To Invest In ELSS?
  3. Best ELSS Mutual Funds Ranked By ET Money
  4. ELSS Fund kya hai? | Tax Saving Funds ke fayde in Hindi | ELSS Mutual Fund in Hindi

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