In the first part of the three part series on the best ELSS that you can buy at the end of financial year 2016-17, we provide our reasons for liking Birla Sun Life Tax Relief '96. 0:50 While buying ELSS for tax saving ensure that the investment is a good fit for your needs
1:01 This series on Best ELSS 2017 discusses three ELSS that we like
1:10 This video, first part of a three part series will discuss the first scheme
2:01 In this video, we will tell you why we like Birla Sun Life Tax Relief '96
2:15 It has been around since 1996 and is one of the oldest ELSS
2:42 The scheme gives you the conviction while making the investment
2:53 The scheme has been doing well consistently over a long period of time
3:17 Over a 5 year period, it has delivered 18.93% annually compared 11.79% by its benchmark S&P BSE 200
3:24 Always compare ELSS performance with its benchmark. Birla Sun Life Tax Relief '96 has beaten its benchmark by a decent margin
4:24 The scheme allows young investors and others to start investing with an amount as small as Rs 500
4:45 As you get comfortable with investing in equity funds, especially ELSS, you can increase the investment amount
5:31 If you had invested in an SIP of Rs 1,000 three years ago
5:40 Today your investments would have grown very well and have been worth Rs 45,600
6:30 Remember to buy ELSS for long term needs since equity funds like ELSS work best in the long term
7:15 Do follow the other two parts of this series on Best ELSS 2017
