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