Best ELSS 2017: Franklin India Tax Shield

In this third, and concluding part of our series on Best ELSS 2017, we tell you why we like the tax saving mutual fund Franklin India Tax Shield.

Edited highlights
0:52 This is the final and third part of our series on Best ELSS 2017

0;56 In this video, we will talk about the third ELSS that we like

1:30 The third ELSS that we like is the Franklin India Tax Shield

1:48 It has been around for 18 years

1:51 If a scheme is around for some time, it can show its performance track record

2:05 This ELSS has also been a fairly consistent performer over the years

2:10 They may not be the number one scheme in all years but they have performed consistently

3:48 Consistent performance over the years can be attributed to its investments in well performing large-cap stocks

4:39 This ELSS keep its focus on individual stocks instead of prevalent or other investment themes

6:20 Over a 5 year period , the scheme has provided returns of 18.33% returns every year

6:26 Over a 10 year period, the annual return is 15.54%

7:22 All these factors give you confidence in investing in Franklin India Tax Shield

7:52 If you made a monthly investment of Rs 1,000 in this scheme for the last three years, the investment value would have grown to Rs 43,000