Kotak ELSS Tax Saver-Direct Plan: Efficient Tax-Saver For The Risk-Averse

As the financial year draws to a close, everyone is in a rush to meet their tax receipt deadlines. If you are planning to invest in a tax-saving mutual fund, such as equity-linked savings scheme (ELSS), then exercise caution. The reason being that you will have to stay invested for three years due to the mandatory lock-in even if the fund underperforms. That’s why, it becomes crucial to choose a fund, which has a good track record and has the potential to deliver better returns in the future. One such fund worth exploring is the Kotak ELSS Tax Saver Fund. It has proven its mettle in the past and its fund management team has the potential to deliver good returns in the future, too. The fund has also weathered many market cycles to emerge as a seasoned performer in the tax-saving category. Portfolio The fund has a mandate to invest across sectors and market caps. Though it prefers...