5 Els Funds that Made Investors Rich in 10 Years. Return got 21 per cent annually, tax is left separate, these 5 ELSS funds made fun of

New DelhiEquity-Linked Savings Schemes (ELSS) not only gives great returns, but also saving tax. They are also called tax saving mutual funds. According to SEBI rules, it is mandatory for ELSS fund to invest at least 80% of the amount in equity, while the remaining 20% ​​can be invested in other assets. Under Section 80C of the Income Tax Act, there is a tax exemption of up to ₹ 1.5 lakh on investment in ELSS. Some ELSS has given great returns in the last ten years. Today we will tell you about five such funds that have made previous investors rich.

It is worth noting here that the ELSS fund has a 3-year lock-in period. That is, the money invested in it cannot be withdrawn before three years. The special thing is that there is no maximum limit of investment in ELSS and you can start investing from ₹ 500. In this, money can be invested by lump sum and SIP.

Bank of India ELSS Tax Saver Fund

It follows ELLS BSE 500 TRI. The cost ratio of this fund is 0.84%, while the annual return of 10 years has been 17.55%. At the same time, SIP returns have been 20.42%. A corpus of ₹ 10,000 monthly SIP became a corpus of ₹ 35.22 lakh. The investment of ₹ 1 lakh was increased to ₹ 5 lakh.

JM ELSS Tax Saver Fund
The Expensing Ratio of JM ELSS Tax Sever Fund belonging to BSE 500 TRI is 1.27%. Its 10 -year annual return is 17.01% and SIP returns are 19.79%. In this fund, ₹ 10,000 monthly SIP has become a fund of ₹ 34.04 lakh in 10 years. At the same time, the investment of ₹ 1 lakh was increased to ₹ 4.81 lakh.

DSP ELSS Tax Saver Fund

DSP ELSS Tax Sever Fund has also given excellent returns in the last ten years. This fund also follows the benchmark BSE 500 TRI. The expansion ratio of this fund is 0.74%. The 10 -year annual return of the fund is 16.72% and SIP returns are 19.01% percent. A corpus of ₹ 10,000 monthly SIP has been made from ₹ 32.79 lakh. The investment of ₹ 1 lakh has been increased to ₹ 4.69 lakh.

Bandhan ELSS Tax Saver Fund
This fund, which follows BSE 500 TRI, is 0.66% of the expedition ratio. The fund has given 16.17% annual return in the last ten years. At the same time, SIP returns were 18.11%. A fund of ₹ 10,000 monthly SIP from ₹ 31 lakh was formed in ten years. The investment of ₹ 1 lakh was increased to ₹ 4.48 lakh.