To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities while offering deduction on such investment made in the scheme under Section 80C of the Income Tax Act, 1961.
Benchmark:
BSE 500
Fund Manager:
Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary
| HSBC ELSS Tax saver | -3.34(6M) | 21.60(1Y) |
| Bank of India ELSS Tax Saver | -11.82(6M) | 11.32(1Y) |
Addition to the tax category when people wake up to saving taxes.
Fund House AAUM:
Rs 1845632.16 Lakhs(as on 31st December, 2024)
Fund Manager:
Combined experience of above 23 years
Difficult to make a mark in a crowded category. Initial going on could be good but it's the longer term that poses a problem.