56% of ELSS mutual funds fail to outperform their benchmarks in three years
Around 56% of ELSS or tax savings mutual funds have failed to surpass their respective benchmarks in the past three years. Of the 36 ELSS Funds Of the active funds in the period, 20 have failed to outperform their respective benchmarks. In other words, only 16 funds in the category have managed to outperform the … Read more