Should I invest in ELSS Funds of Motilal Oswal and Mirae Asset Mutual Fund

I want to invest lumpsum in ELSS for FY 17-18. I have selected Mirae Tax Saver Direct (G) and Motilal Oswal MOST Long Term Fund direct (G). How are these?

Jun 30, 2017 by Inder, Nagpur  |   Mutual Fund

Though both the funds are comparatively new in the ELSS category, they have performed very well in the last one year.

While Motilal Oswal MOST long term fund gave 37% return, Mirae Asset Tax Saver gave around 36% return in the last one year. Both have beaten the ELSS category return of 23% in the last one year with wide margin. Apart from category, both the funds have beaten benchmark returns as well with huge margin.

You may invest in these two funds based on the above facts.

Thanks for writing to Advisorkhoj.

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