mutual funds have managed to outperform their respective benchmarks in the last three and five years. ETMutualFunds reviewed the performance of 36 ELSS funds that have completed five years of existence in the market.
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Bank of India ELSS Tax Saver managed to outperform its benchmark in the last three and five years. The scheme gave 14.53% CAGR in the last three years and 22.80% in the last five years against 12.20% and 17.70% CAGR offered by its benchmark (BSE 500 — TRI), respectively.
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-117394126»>Also Read | Trump Presidency: Time to go global with international mutual funds?
DSP ELSS Tax Saver Fund and Franklin India ELSS Tax Saver Fund, benchmarked against Nifty 500 — TRI, outperformed in both the horizons.
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