elss funds

Best equity mutual funds deliver up to 84% return in FY24. Do you own any?

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ETMutualFunds looked at the performance of equity mutual funds in FY24 (April 1, 2023 to till date). Nifty50 was up by 27.05% and S&P BSE Sensex was up by 23.32%. The toppers were from sectoral/thematic funds. Aditya Birla SL PSU Equity Fund, the topper in the list, offered 84.86% in the financial year 2023-24 so … Read more

61% ELSS mutual fund schemes underperformed their benchmark category in three years. Should you worry?

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Around 61% ELSS schemes have failed to beat their respective benchmarks and category average in a three year horizon, an analysis of performance by the ELSS category showed. There were around 36 ELSS schemes in the category that have completed three years of existence in the market. Around 22 ELSS schemes failed to beat their … Read more