We considered regular and growth options for the analysis. We analysed the yearly performance of ELSS schemes for a period of five years from 2019 to 2023 and considered the ELSS schemes that have underperformed their respective benchmarks for three consecutive years. These schemes are benchmarked against NIFTY 500 - TRI, S&P BSE 100 - TRI, and S&P BSE 500 - TRI.
Quant Small Cap Fund topped the list with 46.70% SIP returns. Nippon India Small Cap Fund offered 37.92% returns. Quant Mid Cap Fund, Bank of India Small Cap Fund, and Quant ELSS Tax Saver Fund also performed well with returns of 34.45%, 34.44%, and 34.05% respectively. The analysis considered XIRR (% returns) for schemes with a five-year horizon from January 2019 to January 2024.
Benefits of equity-linked savings schemes go beyond saving taxes: Build retirement corpus with ELSS financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Tata Indian Opportunities Fund, Tata Mutual Fund – Tata ELSS Tax Saver Fund, BOFA Securities Europe SA-ODI and Aditya Birla Sun Life Insurance Company Limited have collectively been allotted 50 percent of the issue size, the realty firm said.
Get latest articles and stories on Latest News at LatestLY. Realty firm Anant Raj Ltd has raised Rs 500 crore through issuance of shares to institutional investors on a private placement basis to reduce debt and meet working capital requirements. Latest News | Anant Raj Raises Rs 500 Cr Via Issue of Shares to Institutional Investors.