What are the best ELSS mutual funds to cover under section 80C? Is it wise to invest Rs.3000/ in SIP in top 2 funds (3000 each)?

ELSS is a great way to invest in Mutual funds and get the income tax benefit upto Rs 46,350. When you invest only Direct Plan ELSS Mutual Funds, you get an extra Rs 7,000 off as the agent/broker commission is out. So be sure.

Distributing your SIP across two funds is a good idea. That way you distributing your risk of fund non performance.

Some of the best funds are listed here: Best ELSS Funds for 2018

My answer to What is the best mutual fund to buy for Sip? Ram Kalyan Medury’s answer to What is the best mutual fund on SIP?

Leave a Reply

Your email address will not be published. Required fields are marked *