TAX SAVINGS MUTUAL FUND-ELSS
1. The ELSS category remains uneffected by SEBI’s reclassification.
2. The category remains to Multicap Fund.
3. Return of the category:
1Year 3 Years 5 Years
Category Return (-11.5)% 10.9% 16.3%
SIP Return - 8.4% 10.5%
4. The catch point of the category is that Fund Manager is not bound by market bias and can go any where.
5. The category managed Rs. 86,279 crore ( Nov 2018).
