wannabeconsultant
wannabeconsultant

Suggest ELSS funds

Looking to invest 1.5L 80C in ELSS funds. Looking for fund and advisor suggestions. Kindly help!

13mo ago
Thomas_Shelby
Thomas_Shelby
Swiggy13mo

You can go for Parag Parikh, Mirae Asset or Quant Tax Plan. These have been doing exceptionally well in the past.

You can check their holdings and invest accordingly if you want to analyse the risk involved otherwise just distribute the fund equally in a couple of different funds.

wannabeconsultant
wannabeconsultant

Thank you! This definitely gives the head start.

SillyEqual74
SillyEqual74

Check the funds with better downward protection

PrivateFen
PrivateFen
Adobe13mo

Go for a Nifty 50 index fund. They have been recently added to ELSS so historical data won't be much. Essentially it has become very hard for large cap funds to beat the index. Indexing is best for long term equity investments

baffledwaffle
baffledwaffle

Check out Parag Parikh & Quant.

AdobeEmp
AdobeEmp
Adobe13mo

Filter MF by 'Growth' type, Search Nifty50, Sort by AUM descending, open top 5, look at 5 yrs CAGR, select three from those 5.

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