Top 10 ELSS mutual funds in terms of 1 month returns in November

SUMMARY

The top 10 ELSS mutual funds gave up to 3 percent returns in the month of November, according to Value Research data. The BSE Sensex and NSE’s Nifty 50 rose 1.66 percent and 1.5 percent in November. Foreign investors remained net buyers in the Indian capital market for the third straight month in November, putting in Rs 22,872 crore on net basis during the month. HSBC Tax Saver Equity Fund, UTI Long Term Equity Fund and Mirae Asset Tax Saver Fund were among the top performing ELSS funds in November, according to Value Research. Here are the top 10 ELSS mutual fund schemes in terms of 1-month returns:

By CNBC-TV18Dec 3, 2019 6:44:52 AM IST (Updated)

HSBC Tax Saver Equity Fund | 1-month return: 2.8 percent | 1-year return: 9.26 percent | Expense Ratio: 2.5 percent

UTI Long Term Equity Fund | 1-month return: 2.74 percent | 1-year return: 10.25 percent | Expense Ratio: 2.49 percent

Mirae Asset Tax Saver Fund - Regular Plan | 1-month return: 2.15 percent | 1-year return: 14.07 percent | Expense Ratio: 1.89 percent

Kotak Tax Saver Regular Plan | 1-month return: 2.03 percent | 1-year return: 12.60 percent | Expense Ratio: 2.36 percent

IDFC Tax Advantage (ELSS) Fund - Regular Plan | 1-month return: 1.79 percent | 1-year return: 2.76 percent | Expense Ratio: 2.14 percent

Tata India Tax Savings Fund | 1-month return: 1.68 percent | 1-year return: 14.75 percent | Expense Ratio: 2.10 percent

Principal Tax Savings Fund | 1-month return: 1.64 percent | 1-year return: 2.89 percent | Expense Ratio: 2.55 percent

ITI Long Term Equity Fund - Regular Plan | 1-month return: 1.63 percent | 1-year return: NA | Expense Ratio: 2.51 percent

Essel Long Term Advantage Fund | 1-month return: 1.4 percent | 1-year return: 8.40 percent | Expense Ratio: 2.25 percent

ICICI Prudential Long Term Equity Fund (Tax Saving) | 1-month return: 1.37 percent | 1-year return: 9.20 percent | Expense Ratio: 2.13 percent