ELSS: Selecting tax saver fund based on recent performance is risky
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar cautioned that ELSS returns can swing widely, so these funds may not suit investors who dislike risk. He said people willing to take risk and saving for long-term goals could consider them.
More of Abhishek's views on mutual funds
Written during the tax-saving season, the article explains how equity-linked saving schemes compare with other Section 80C options, noting their shorter three-year lock-in and higher volatility. It discusses passive ELSS options and lists checks for choosing an active fund, such as rolling returns, consistency and fund manager changes, rather than recent performance alone.
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ELSS: Selecting tax saver fund based on recent performance is risky