Can I create a retirement corpus by investing in ELSS funds

Thanks for your valuable advises. I would like to know other than diversified fund whether by investing 11,500 monthly in ELSS funds for 30 years can build a retirement corpus of 4 crore. Which all ELSS Fund can be utilized for this purpose?

May 23, 2017 by Adheena Ram A, Kerala  |   Mutual Fund

You are most welcome.

Yes, ELSS funds are also diversified equity funds. You can build a corpus of Rs 4 Crores by investing monthly Rs 11,500 in ELSS funds over 30 years.

Some of the good ELSS funds are DSP BlackRock Tax Saver Fund, Reliance Tax Saver Fund, ICICI Prudential Long Term Fund.

Thanks for writing to Advisorkhoj.

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