Can you suggest ELSS diversified and balanced funds which pays regular dividend

Please suggest me balanced, diversified & ELSS funds 2 each. I am 60 years old and want dividends either yearly, quarterly or monthly no matter?

Apr 12, 2017 by Dr. Anutosh Pattanayak,   |   Mutual Fund

You can choose any two funds from the following selections in respective categories –

Balanced Funds – DSP BlackRock Balanced Fund, SBI Balanced Fund, ICICI Prudential Balanced Fund, HDFC Balanced or Birla Sun Life Balanced 95 Fund. These funds pay either monthly or quarterly dividends and suited for your investment needs. Please check their dividend paying track record from here https://www.advisorkhoj.com/mutual-funds-research/mutual-funds-historical-dividends Type the scheme name and the tool will display the historical dividends of the respective funds.

Diversified Equity Funds – Here we have tried selecting good performing funds with half-yearly, quarterly or monthly dividend paying track record. You can select two funds from here – BNP Paribas dividend Yield Fund, Birla Sun Life Dividend Yield Plus and Templeton India Equity Income Fund. However in this category most of the funds have annual dividend paying track record. You can check the most consistent dividend paying funds of this category from this research tool - https://www.advisorkhoj.com/mutual-funds...

ELSS Funds – In this category, most of the top performing funds pay annual dividends. Please check here https://www.advisorkhoj.com/mutual-funds... However two funds pay quarterly dividends – Reliance Tax Saver Fund https://www.advisorkhoj.com/mutual-funds... and Sundaram tax Saver Fund https://www.advisorkhoj.com/mutual-funds...

Hope the above helps you.

Thanks for writing to Advisorkhoj.

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