Are you scrambling for 80C deductions like Priya? ELSS is a popular choice, but the 'best' fund isn't found by blindly punching numbers into a calculator. Let's uncover the truth!
Blindly using a calculator won't reveal the 'best' ELSS fund. It depends on *your* unique financial goals, risk appetite, and strategy, not just past returns. Your journey is unique!
ELSS offers 80C tax benefits but is also a powerful equity wealth-creation tool. With a 3-year lock-in and flexi-cap strategy, it builds capital for long-term goals beyond just tax.
Before choosing a fund, define your 80C need, risk appetite, and financial goals. This clarity helps you align ELSS with your broader wealth creation journey. Plan smarter, invest better.
Look for consistent performance (5-7 years), reasonable expense ratios, experienced fund managers, and a reputable fund house. One or two well-chosen funds are usually sufficient.
Don't scramble last minute. Avoid chasing past top performers or treating ELSS only as a tax-saving tool. And don't over-diversify; one or two funds are usually enough.
Empower your financial journey! Use our SIP and Goal SIP calculators to plan effectively and project your potential returns. Visit sipplancalculator.in today!