Which are good ELSS funds for tax savings?
As lock-in will be 3 years so looking for good MFs.

I was investing in Axis long terms equity but it's returns are decreasing with time and fund size is also huge.

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Posting as :
works at
You are currently posting as works at

Mirae asset fund

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I have axis long term equity fund. Right now, the returns are a bit low as entire market is volatile. It is an OK fund. Anyway, I am planning to stop my investments in that fund and planning to invest that money in stock market by myself. Ppf of 1.5 lakh will be enough to save tax.

All are good. Mutual funds is a long run instrument, ye u will not see return intitally but later you see huge difference.

I started SIP of 1000 each in 3 elss long back now all are around 30-40% up in 5 years

Mirae Tax Saver Fund - The Best!

Not sure about the other two buddy, but I have got 90% returns in Mirae in 2 years..so I can vouch for it. Also I prefer to invest lump sum.

Pl suggest under which category or in what SIPs you are investing?

Hi bro,

Sip's in mutual funds are with respect to long term minimum five years. It may be negative since you may have started your investing in bull market and you may have bought little units for higher NAV's ( Net Asset Value). Now the NAV value may be less than the average NAV at which units were accumulated by you. You should increase your SIP amount during bear market particularly so that when market recovers NAV goes higher and you get more profit in bull market.

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