ELSS Mutual Funds to Invest
ELSS Mutual Funds
ELSS mutual funds, or Equity Linked Savings Schemes, are equity-oriented mutual fund schemes with a three-year lock-in period. Eligible investments in ELSS funds may qualify for a tax deduction under Section 80C of the Income-tax Act, subject to applicable limits, tax rules, and investor eligibility.
ELSS funds invest mainly in shares of listed companies, so their value can move up or down with market conditions. You can make an ELSS investment through a SIP or as a lump sum. Mutual fund investments are subject to market risks, and past performance does not indicate future results.
Fund List – Explore ELSS Funds
Use the fund list below to compare ELSS mutual funds by historical returns, NAV, and risk level. Explore best ELSS funds and top rated ELSS funds using available scheme details. Returns and ratings are for reference only and do not guarantee future performance.
You can use this list to select ELSS funds, then start a SIP or make a lump-sum ELSS investment directly through your Alice Blue account.
- Number of funds listed
- 68
- Average expense ratio
- 1.86%
- Range of 1Y returns (min–max)
- -8.31% – 15.19%
| ₹13.47+0.12% | -2.73% | +7.65% | Very High | |
| ₹57.70+0.04% | +13.45% | +21.42% | Very High | |
| ₹18.19-0.12% | +4.85% | +15.34% | Very High | |
| ₹16.22-0.17% | -4.57% | +6.73% | Very High | |
| ₹189.45-0.05% | +1.54% | +10.82% | Very High | |
| ₹98.02-0.23% | +1.72% | +11.29% | Very High | |
| ₹31.23-0.10% | +7.58% | +12.88% | Very High | |
| ₹25.54-0.21% | +7.28% | +15.94% | Very High | |
| ₹22.36-0.21% | +7.28% | +15.93% | Very High | |
| ₹97.07-0.14% | +8.16% | +11.78% | Very High |
1–10 of 68
Why Invest in ELSS Funds via Alice Blue
- Explore plans of eligible ELSS mutual fund schemes through your Alice Blue account.
- Compare NAV, historical ELSS fund returns, expense ratio, and Riskometer in one place.
- Start a SIP or lump-sum ELSS investment from the scheme listing.
- Manage mutual fund investments alongside other eligible investment products through a single account.
ELSS Mutual Funds – FAQs
01What are ELSS mutual funds?
ELSS mutual funds are equity-oriented mutual fund schemes with a mandatory three-year lock-in period. Eligible investments may qualify for a tax deduction under the applicable provisions of the Income-tax Act, subject to the tax regime selected, applicable limits and individual eligibility. ELSS returns are market-linked and not guaranteed.
02Are ELSS funds risky?
Yes. ELSS funds invest mainly in equity and are subject to market risk. Their NAV can move up or down based on market conditions and the scheme’s portfolio. Check the fund’s Riskometer, investment objective and scheme documents before investing.
03What is the lock-in period for ELSS funds?
ELSS funds have a mandatory lock-in period of three years from the date of investment. If you invest through SIP, every instalment is treated as a separate investment and has its own three-year lock-in period.
04How much return can I expect from ELSS mutual funds?
ELSS returns depend on market conditions, portfolio holdings, expenses and your holding period. Historical ELSS fund returns can help you compare schemes, but they do not indicate or guarantee future results. Choose an ELSS fund based on your goals and risk comfort.
05Can I start a SIP in ELSS funds?
Yes, you can start a SIP in eligible ELSS funds through your Alice Blue account. A SIP helps you invest at regular intervals, but it does not remove market risk or assure returns. Each SIP instalment is subject to a separate three-year lock-in period.
06What are the benefits of ELSS funds?
Benefits of ELSS funds may include equity market exposure, the option to invest through SIP or lump sum, and potential tax deduction eligibility under Section 80C. ELSS funds also have a three-year lock-in period. Tax benefits are subject to applicable laws and individual eligibility.
07How are ELSS funds taxed?
Eligible ELSS investments may qualify for a deduction under Section 80C, subject to prevailing tax rules and applicable limits. On redemption, capital gains are taxed as per the tax rules applicable to equity-oriented mutual funds. Consult a tax professional for guidance based on your circumstances.
08What is a suitable holding period for ELSS funds?
ELSS funds come with a mandatory lock-in of three years. Since they are equity-oriented, investors may consider their financial goal, risk comfort, and investment horizon before investing. Review the scheme’s Riskometer and investment objective before making a decision.
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