Best SIP Funds Online
ELSS is a good option for an investor to take exposure to equities as it comes with an added benefit of tax savings on investments up to a specified limit. Although it comes with a lock-in of three years, this should not be seen as an irritant as equity is a long-term asset class and delivers superior return over cycles. To benefit from the compounding effect, one has be patient and remain invested during market ups and downs. Three-year lock in encourages the investor to have a minimum three-year view while investing in ELSS funds which is in the interests of the investors considering the characteristics of the asset class I just explained.
Indian equity markets have delive-red very strong returns in the last 12 months with the benchmark Sensex delivering about 26% returns and BSE Midcap Index about 37% returns. Even though the medium- to long-term outlook for markets continues to remain positive, it would be prudent for investors to moderate their return expectations and not extrapolate last one year's returns. Over a longer period of time, return expectation from equity as an asset class should be in line with the nominal GDP growth.
SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich
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