ELSS - Equity Linked Saving Schemes

What is ELSS - The full form of ELSS is "Equity Linked Saving Schemes". As the name suggests it is one type of investment plan which is used for saving both Money and Income Tax and is linked with equity, i.e. stock market but it is a Diversified Equity based Mutual Fund Scheme and has a lock-in period of 3 years.after 3 Years the profit earned on this investment is completely Tax Free. ELSS attracts deduction under Sec 80C of Income Tax Act.

Why to Invest in ELSS - ELSS is the best investment vehicle among other options available Under Sec 80C. Some major benefits of ELSS are mentioned below.....

a. It provides Tax Saving benefit like other products under Sec 80C but it gives you much higher returns than others. History says in 3 to 5 years it gives (CAGR)15% to 22% return annualy.

b. Even if this money is invested in equity linked but risk is managed by their experienced Fund Managers.

c. It is a Diversified Mutual Fund Scheme which is less risky than mid & Small Cap Schemes and Sectoral Funds.

d. due to lock-in period of 3 years you get the in built advantage of long term saving option.

e. the best part of ELSS is that it's very simple and easy to invest in ELSS. It requires less paper work and less time to invest. Even you don't need to go any office, just connect your internet and go at www.yuvainvestors.in and invest online anytime.

Best ELSS Funds - There are a numbers of ELSS available in Mutual fund market but we are detailing about some best performing ELSS schemes.

a. Axis Long Term Equity Fund
b. Birla Sun Life Tax Saver fund
c. DSP BlackRock Tax Saver Fund
d. Reliance Tax Saver Fund
e. Mirae Assets Tax Saver Fund
f.  Franklin India Tax Shield

How to invest in ELSS - There are two ways to invest in ELSS...
a. Through Online                  b. Through Paper Form
in both ways you can invest by choosing either SIP or Lumpsum mode

After you decide SIP/Lumpsum just go to www.yuvainvestors.in and click on "Online Investment" Tab (http://www.yuvainvestors.in/p/online-investment.html). Then select your desired AMC Link and click "Go".
now in the target window do according to the website instruction and at one point it will ask you - whether through Advisor or Direct. Now choose Advisor and fill the below mentioned details to complete it successfully...

ARN- 70354

EUIN - E134790

Last 5 Years Return in ELSS

 (returns as on Dec 23 ,2016)

Name of the ELSS Fund	1 Year Return (CAGR)	2 Years Return (CAGR)	3 Years Return (CAGR)	5 Years Return (CAGR)
Axis Long term Equity Fund	-1.4%	+2.7%	+20%	+21.6%
Birla SL Tax Saver Fund	+1.9%	+5.5%	+17.6%	+14.6%
DSP BR Tax Saver  Fund	+10.2%	+7.6%	+20.5%	+20.8%
Reliance Tax Saver Fund	+3.4%	+1.5%	+23%	+22.3%
Mirae Assets Tax Saver Fund	+5.6% (6 Months)
Franklin India Tax Shield	+3.3%	+4.3%	+19%	+18%