New Delhi: CRISIL has released the Best 3 Tax Saving ELSS Scheme by ranking all mutual fund schemes. Ranking of all mutual fund schemes from CRISIL is performed.
For this, parameters like returns, ups and downs, investment in sensitive sector, liquidity are taken care of. Based on these parameters, if a scheme is ranked number-1, it means that its performance is very good, which makes that scheme a great place to invest.
The three tax saving equity linked saving schemes i.e. ELSS Scheme which have been given the number-1 title by CRISIL.
- Canara Robeco Equity Tax Saver *
The fund has given excellent returns in the last few years. Canara Robeco has given a return of 12.44% on 1-year savings, while in the last 3 years it has given a return of 9.66%. On the other hand, if we talk about the last 5 years, then the scheme has yielded a return of 10.14%.
These funds are invested in large cap companies like Infosys, Reliance Industries, ICICI Bank, HDFC Bank and TCS. There is also a tax rebate on investments made in it.
- Bank of India Aksa Tax Advantage Fund*
In the last one year, this fund has given a return of 17.58%, while in 3 years it has given a return of 5.86%. At the same time, the fund has given a return of 10.16% on 5 years of investment. Investors also get tax exemption on investing in it.
- BNP Peribus Long Term Equity Fund *
Crisil has given the number-1 ranking on the basis of returns and liquidity.
The fund has given a return of 13.36% in 7 years and 10.59% in 10 years.
This fund will be liked by people who like to invest in medium and long term. At the same time, by investing in this fund, you will also get tax exemption.