Top 7 ELSS SIP Mutual Funds Up To 35% Returns: Check Rs 10,000, Rs 15,000 & Rs 20,000 Investment Calculation

Apart from Tax saver benefits, ELSS SIP mutual funds have also given good returns to the investors in last 3 years. Check Top 7 ELSS SIP Mutual Funds with returns over here.

Published date india.com Published: May 21, 2024 2:16 PM IST
Although mutual funds do not have zero risk, they manage risk beautifully.

Equity Linked Savings Scheme (ELSS) has a variety of options to invest and is most popular among users because it’s also a tax saver fund. Deposits up to Rs 1.50 lakh in the fund are tax-exempt under Section 80C of the Income Tax Act, 1961. ELSS funds have two options, they are systematic investment plans (SIPs) as well as lump sum investment options.

Top 7 ELSS Funds In 3 Years, according to Experts and Zee Business

SBI Long Term Equity Fund – Direct Plan

The fund has given 35.06 per cent returns in the three-year period. The fund has assets under management (AUM) of Rs 23,818.75 crore, while the size of its net asset value (NAV) is Rs 422.7788.

Ge T&D India, HDFC Bank, Torrent Power, and ICICI Bank are its main stocks. 

A Rs 10,000 SIP in the fund has given a total of Rs 6,41,123.

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A Rs 15,000 SIP in the fund has given a total of Rs 9,61,685.

A Rs 20,000 SIP in the fund has given a total of Rs 12,82,246.

Motilal Oswal ELSS Tax Saver Fund – Direct Plan

The ELSS fund has given SIP returns of 34.14 per cent in the three years. Its AUM is worth Rs 3.407.30 crore, while its NAV size is Rs 50.6905.

Zomato, Trent, Jio Financial Services, and Prestige Estates are the main stocks in its 30-stock portfolio. 

A Rs 10,000 SIP in the fund has given a total of Rs 6,30,926.

A Rs 15,000 SIP in the fund has given a total of Rs 9,46,389.

A Rs 20,000 SIP in the fund has given a total of Rs 12,61,852.

Quant ELSS Tax Saver Fund – Direct Plan

The fund has given SIP returns upto 33.21 per cent. In the five years the fund has given returns of 38.74 per cent.

The fund’s AUM Rs is Rs 9,446.12 crore, while its NAV size is Rs 415.7055.

It has 39 stocks in its portfolio with Reliance Industries Limited, Adani Power, Jio Financial, and Hindalco as its main stocks.
 
A Rs 10,000 SIP in the fund has given a total of Rs 6,20,812.

A Rs 15,000 SIP in the fund has given a total of Rs 9,31,217.

A Rs 20,000 SIP in the fund has given a total of Rs 12,41,623.

ITI ELSS Tax Saver Fund – Direct Plan

The fund has given a return of 31.50 per cent in the three years. It has an AUM of Rs 330.19 crore , while its NAV is worth Rs 24.8453.

In a portfolio of 55 stocks, it has SBI, Bharti Airtel, Zomato, and Trent as its main stocks. 

A Rs 10,000 SIP in the fund has given a total of Rs 6,02,708.

A Rs 15,000 SIP in the fund has given a total of Rs 9,04,062.

A Rs 20,000 SIP in the fund has given a total of Rs 12,05,416.

Bank of India ELSS Tax Saver Fund – Direct Plan

This ELSS fund has given a return of 31.35 per cent in the three years with an AUM of Rs 1,304.19 crore, its NAV is worth Rs 184.0200.

It has an investment in 66 stocks with SBI, Canara Ban, Vedanta, and Oil India as its main stocks.

A Rs 10,000 SIP in the fund has given a total of Rs 6,01,150.

A Rs 15,000 SIP in the fund has given a total of Rs 9,01,725.

A Rs 20,000 SIP in the fund has given a total of Rs 12,02,300.

JM ELSS Tax Saver Fund – Direct Plan

The fund has given returns of 29.76 per cent in the three-year period. The fund’s AUM is Rs 144.75 crore, while the NAV size for the fund is Rs 50.3877.

The fund has 52 stocks in its portfolio with HDFC Bank, ICICI Bank, Larsen & Toubro and Power Finance Corporation Ltd as the leading ones. 

A Rs 10,000 SIP in the fund has given a total of Rs 5,84,924.

A Rs 15,000 SIP in the fund has given a total of Rs 8,77,386.

A Rs 20,000 SIP in the fund has given a total of Rs 11,69,848

HDFC ELSS Tax Saver Fund – Direct Plan

The fund gave annualized SIP returns of 29.34 per cent in the three years.

The fund’s AUM is worth Rs 14,641.46 crore, while its NAV stands at Rs 1,306.3070.

In a portfolio of 40 stocks, the fund’s main stocks are ICICI Bank, HDFC Bank, Axis Bank, and Hindustan Aeronautics.      

A Rs 10,000 SIP in the fund has given a total of Rs 5,80,725.

A Rs 15,000 SIP in the fund has given a total of Rs 8,71,087.

A Rs 20,000 SIP in the fund has given a total of Rs 11,61,449.

(Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The above article is meant for informational purposes only, and should not be considered as any investment advice.)

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