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?
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.
Aug 29, 2019 by Nandu
Aug 26, 2019 by Dhiraj
Aug 18, 2019 by Dr. Ketan S Trivedi
Aug 16, 2019 by Sanjay Gargish
Aug 3, 2019 by Chirag Agrawal
Jul 30, 2019 by Abhishek Shah
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
Jul 27, 2019 by Pravin Jain
Aug 26, 2019 by Joel A Peres
Jul 25, 2019 by Rabindra Chandra Bhattachara
Nov 22, 2024 by Axis Mutual Fund
Nov 22, 2024 by Advisorkhoj Team
Nov 22, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team
Nov 21, 2024 by Advisorkhoj Team