Check Free CIBIL Score Online

Which ELSS Funds Have Provided the Highest Returns in a 10-year Period?

Highlights

  • Seeking a list of top ELSS funds that have performed well in a span of 10 years? Look at the sorted list here
  • ICICI Prudential Long Term Equity Fund, DSP Tax Saver Fund Head the List of Top ELSS Funds
  • Invest in top ELSS funds to save taxes and create wealth over time

Equity mutual funds are one of the most preferred ways to mop up earnings over time. And when the earnings get a string of tax exemption, the joy of investing in the asset class doubles. Well, that’s possible with Equity-linked Savings Scheme (ELSS), a part of equity mutual fund that makes an individual qualify for tax exemption up to ₹1.5 lakh in a financial year. It can also firm up the returns over time. There have been a handful of ELSS funds that have given good returns in a span of 10 years. Want to look at those funds that rocked in 10 years with significant returns? Read this post further to know those.

List of ELSS Funds with Best Returns in 10 Years

Check out the table below showing a list of ELSS funds that have performed well in a 10-year span.

ELSS Funds10-year ReturnRating
ICICI Prudential Long Term Equity Fund
14.84%3 Star
DSP Tax Saver Fund
14.27%4 Star
IDFC Tax Advantage (ELSS) Fund
14.05%4 Star
Franklin India Taxshield Fund
13.90%3 Star
Principal Tax Savings Fund
12.44%3 Star

Note – The data is sourced from Value Research as on July 24, 2019, and pertains to the regular plan of the schemes shown above.

How to Invest in Top-performing ELSS Funds Online?

You can invest in ELSS funds via any of lump sum or SIP route. Lump sum, as the name suggests, is a one-time investment although additional investments are also allowed. In contrast, a Systematic Investment Plan (SIP) would mean the investments would go into mutual funds on a recurring basis. Based on the frequency interval – monthly, quarterly, half-yearly or annually – you choose, the applicable SIP amount will be deducted from the bank account accordingly.

People Also Look For  Top-rated Reliance Debt Mutual Fund Schemes

Now come to know how can you invest online. Well, you can do so at Wishfin, a premier online financial marketplace that enables you to subscribe to the best of ELSS and other mutual fund schemes. The online investment entails the following steps.

  • Go to www.wishfin.com
  • Click on ‘Mutual Funds’
  • Click on Login/Register

If you are a new investor, you need to register first.

Registration Process

  • Provide your mobile number
  • Click on ‘Next’
  • Enter the One-time Password (OTP) received on your mobile number in the prescribed space
  • Click on ‘Verify and Continue’
  • Mention your name, email ID, the city you live in
  • Create a password in line with the requirements laid down in terms of alphabets, numeric and special characters
  • Click on ‘Sign Up’

The login access can thus be created.

Post Login

  • Go to ‘Explore Mutual Funds’
  • Click on ‘Save Tax’ icon
  • A number of ELSS funds will appear on the screen
  • Choose the ELSS fund you want to invest in
  • Click on ‘Invest’ below the name of the chosen fund

Disclaimer – “Mutual fund investments are subject to market risks. Please read the scheme document carefully before investing”.