Jim
  • Business
    Electrical Repairs

    Why Homeowners Trust Sarkinen Electrical for Their Electrical Maintenance Needs

    Hybrid cars

    Why a Warranty for Cars Is Your Best Defense Against Rising Repair Costs

    Water Bill

    How Leak Detection Services Save You Money on Your Water Bill

    Manhattan’s Top General Contractors

    Your Guide to Manhattan’s Top General Contractors

    eSIM

    Why the Best eSIM for Europe Might Be the Simplest Travel Hack You’ve Overlooked

    Small Closet Solutions

    Small Closet? No Problem: Dream Closets Designs That Maximize Every Inch

    Solar Panels

    Solar Upgrades Made Simple: North Valley Solar Power’s Expansion Services in Concord

    How Family Office Wealth Management Software Is Transforming Financial Strategies

    How Financial Synergies Turns Uncertainty into Confidence Through Planning

    HVAC Services

    Dothan’s Trusted Partner: Long Heating and Cooling’s Reputation in Air Conditioning Service

  • Educational Games
    Young child playing a safe educational mobile game on a tablet in a cozy home environment, symbolizing healthy and skill-building screen time.

    Safe Kids Games That Teach: Turning Screen Time Into Learning Time on Mobile Devices

    Future of Gimkit: Virtual Reality (VR) and Augmented Reality (AR) transforming the classroom experience

    Leaping into the Metaverse? The Potential of VR & AR for the Future of Gimkit

    A diverse group of students engaged in a fun and accessible digital learning game, highlighting support for learning disabilities with customizable accommodations.

    Gimkit for Students with Learning Disabilities: Customizable Accommodations

    A special education teacher assists a student with autism in a classroom while another student engages with Gimkit on a laptop, showcasing inclusive learning.

    Unlocking Learning: Engaging Students with ADHD & Autism Using Gimkit in Special Ed

    A diverse group of students and a teacher collaborating on a laptop in a classroom, illustrating inclusive education using Gimkit.

    Gimkit + Canva: Designing Custom Game Assets for Students

    Gimkit and Digital Citizenship: Teaching Online Etiquette

    Diverse group of students in a classroom using Gimkit on a tablet, promoting fairness and inclusivity in education.

    Creating Inclusive Gimkit Games: Avoid Bias & Boost Student Success

    A music teacher helps a young boy read notes on a laptop using Gimkit in a classroom with a piano and chalkboard, illustrating music learning through gamification.

    Harmonious Learning: Using Gimkit for Rhythm & Note Reading in Music Class

    New Teacher? Learn from the Best: A Chat with a Gimkit Expert

  • Gimkit Hacks
    Gimkit Weapon

    Which Gimkit Weapon is the Best? Your Ultimate Guide for 2025 (Classic, PvP & Creative!)

    Which Gimkit Game Gives the Most Coins

    Which Gimkit Game Gives the Most Coins? Helpful Beginner Guide

    Which Gimkit Codes Always Work

    Finding Which Gimkit Codes Always Work in 2025: What Are They For?

    How to Catch Gimfish

    How to Catch Gimfish? Techniques to Follow for a Successful Fishing Mission

    Gimkit Cheats 2025: Why You Must AVOID Them

    Gimkit’s Stance on Cheating: Why Fair Play is Key to Learning & Account Safety

    Gimkit Bookmark Hack

    Gimkit Bookmark ‘Hacks’: Understanding Risks, Avoiding Scams, & Playing Fair

    Concerned student using a laptop, avoiding hacks and malware while playing Gimkit, emphasizing fair play and account security in a modern classroom

    How to Get Gimkit Hacks (Updated 2025) – Your Ultimate Guide

    Gimkit Bots

    Gimkit Bots: Understanding Official AI Players & Avoiding Unauthorized Cheats for Fair Play

    gimkit bot flooder

    Gimkit Bot Flooder: Understanding the Serious Risks, Consequences, and Why They Are Prohibited

  • Technology
    Senior man using CHOSGO Bluetooth hearing aids connected to smartphone app, enjoying wireless control and comfort in daily life.

    Hearing Aids An Analysis of Bluetooth and Over-the-Counter Options:

    Premium Hosting

    What Premium Hosting Companies Don’t Want You to Know (Industry Insider Reveals All)

    A creative professional, with a laptop open displaying customizable illustrations, smiles confidently in a modern, well-lit studio. Various digital tools and design elements are subtly visible in the background, emphasizing efficiency and creativity in design.

    Icons8 Ouch: The Illustration Platform That Gets It Right

    Elevate Customer Satisfaction: A Deep Dive into Vidnoz AI Interactive Avatars

    A split-screen image showing offshore online casinos with international license symbols on one side and local online casinos with national license symbols on the other, representing the differences in licensing, payments, and player protection

    Offshore vs Local Online Casinos: What You Need to Know

    SEO Web Design

    How Pizano Web Design Creates Websites That Reflect Your Unique Brand Identity

    10 Ways iTop Easy Desktop Can Make Your Digital Workspace Easy

    A broken AI robot hand struggles to insert mismatched, jagged puzzle pieces into a sleek, futuristic ad generator interface, symbolizing the financial and brand damage from poor AI advertising inputs.

    The Actual Price of Bad AI Ad Makers Inputs

    Students enjoying online learning and educational games, powered by a robust and reliable Windows Virtual Private Server (VPS) for seamless performance.

    How to Choose the Best VPS Provider for Learning and Game Hosting

  • Contact us
No Result
View All Result
Gim
  • Business
    Electrical Repairs

    Why Homeowners Trust Sarkinen Electrical for Their Electrical Maintenance Needs

    Hybrid cars

    Why a Warranty for Cars Is Your Best Defense Against Rising Repair Costs

    Water Bill

    How Leak Detection Services Save You Money on Your Water Bill

    Manhattan’s Top General Contractors

    Your Guide to Manhattan’s Top General Contractors

    eSIM

    Why the Best eSIM for Europe Might Be the Simplest Travel Hack You’ve Overlooked

    Small Closet Solutions

    Small Closet? No Problem: Dream Closets Designs That Maximize Every Inch

    Solar Panels

    Solar Upgrades Made Simple: North Valley Solar Power’s Expansion Services in Concord

    How Family Office Wealth Management Software Is Transforming Financial Strategies

    How Financial Synergies Turns Uncertainty into Confidence Through Planning

    HVAC Services

    Dothan’s Trusted Partner: Long Heating and Cooling’s Reputation in Air Conditioning Service

  • Educational Games
    Young child playing a safe educational mobile game on a tablet in a cozy home environment, symbolizing healthy and skill-building screen time.

    Safe Kids Games That Teach: Turning Screen Time Into Learning Time on Mobile Devices

    Future of Gimkit: Virtual Reality (VR) and Augmented Reality (AR) transforming the classroom experience

    Leaping into the Metaverse? The Potential of VR & AR for the Future of Gimkit

    A diverse group of students engaged in a fun and accessible digital learning game, highlighting support for learning disabilities with customizable accommodations.

    Gimkit for Students with Learning Disabilities: Customizable Accommodations

    A special education teacher assists a student with autism in a classroom while another student engages with Gimkit on a laptop, showcasing inclusive learning.

    Unlocking Learning: Engaging Students with ADHD & Autism Using Gimkit in Special Ed

    A diverse group of students and a teacher collaborating on a laptop in a classroom, illustrating inclusive education using Gimkit.

    Gimkit + Canva: Designing Custom Game Assets for Students

    Gimkit and Digital Citizenship: Teaching Online Etiquette

    Diverse group of students in a classroom using Gimkit on a tablet, promoting fairness and inclusivity in education.

    Creating Inclusive Gimkit Games: Avoid Bias & Boost Student Success

    A music teacher helps a young boy read notes on a laptop using Gimkit in a classroom with a piano and chalkboard, illustrating music learning through gamification.

    Harmonious Learning: Using Gimkit for Rhythm & Note Reading in Music Class

    New Teacher? Learn from the Best: A Chat with a Gimkit Expert

  • Gimkit Hacks
    Gimkit Weapon

    Which Gimkit Weapon is the Best? Your Ultimate Guide for 2025 (Classic, PvP & Creative!)

    Which Gimkit Game Gives the Most Coins

    Which Gimkit Game Gives the Most Coins? Helpful Beginner Guide

    Which Gimkit Codes Always Work

    Finding Which Gimkit Codes Always Work in 2025: What Are They For?

    How to Catch Gimfish

    How to Catch Gimfish? Techniques to Follow for a Successful Fishing Mission

    Gimkit Cheats 2025: Why You Must AVOID Them

    Gimkit’s Stance on Cheating: Why Fair Play is Key to Learning & Account Safety

    Gimkit Bookmark Hack

    Gimkit Bookmark ‘Hacks’: Understanding Risks, Avoiding Scams, & Playing Fair

    Concerned student using a laptop, avoiding hacks and malware while playing Gimkit, emphasizing fair play and account security in a modern classroom

    How to Get Gimkit Hacks (Updated 2025) – Your Ultimate Guide

    Gimkit Bots

    Gimkit Bots: Understanding Official AI Players & Avoiding Unauthorized Cheats for Fair Play

    gimkit bot flooder

    Gimkit Bot Flooder: Understanding the Serious Risks, Consequences, and Why They Are Prohibited

  • Technology
    Senior man using CHOSGO Bluetooth hearing aids connected to smartphone app, enjoying wireless control and comfort in daily life.

    Hearing Aids An Analysis of Bluetooth and Over-the-Counter Options:

    Premium Hosting

    What Premium Hosting Companies Don’t Want You to Know (Industry Insider Reveals All)

    A creative professional, with a laptop open displaying customizable illustrations, smiles confidently in a modern, well-lit studio. Various digital tools and design elements are subtly visible in the background, emphasizing efficiency and creativity in design.

    Icons8 Ouch: The Illustration Platform That Gets It Right

    Elevate Customer Satisfaction: A Deep Dive into Vidnoz AI Interactive Avatars

    A split-screen image showing offshore online casinos with international license symbols on one side and local online casinos with national license symbols on the other, representing the differences in licensing, payments, and player protection

    Offshore vs Local Online Casinos: What You Need to Know

    SEO Web Design

    How Pizano Web Design Creates Websites That Reflect Your Unique Brand Identity

    10 Ways iTop Easy Desktop Can Make Your Digital Workspace Easy

    A broken AI robot hand struggles to insert mismatched, jagged puzzle pieces into a sleek, futuristic ad generator interface, symbolizing the financial and brand damage from poor AI advertising inputs.

    The Actual Price of Bad AI Ad Makers Inputs

    Students enjoying online learning and educational games, powered by a robust and reliable Windows Virtual Private Server (VPS) for seamless performance.

    How to Choose the Best VPS Provider for Learning and Game Hosting

  • Contact us
No Result
View All Result
Gim
No Result
View All Result
Home Business

Dual Benefits: ELSS Mutual Funds That Doubled Investors Money in 3 Years

Amelia Bree by Amelia Bree
August 2, 2024
in Business
0
Investors Money

Investors Money

Share on FacebookShare on Twitter

ELSS refers to Equity Linked Savings Schemes. Despite the scheme having a three-year lock-in period, it is preferred by investors nationwide due to its dual benefits. That means you enjoy higher market-linked returns and qualify for tax benefits under Section 80C for your contributions to this scheme. When filing your returns, you can lower your taxable income by up to Rs 1,50,000.

While the above provides general information, it is interesting that several funds in this category have doubled investors’ invested capital in just three years.

ELSS Funds that Doubled Investors’ Money in 3 Years

Here are the best ELSS funds that have given investors attractive returns.

Quant ELSS Tax Saver funds 

Launched on 13th April 2000, Quant ELSS Tax Saver Funds has delivered absolute returns of 101.92% and annualized returns of 26.37%. The fund operates under the active management and dynamic investing approach of Quant Fund.

The scheme currently comprises 46 stocks, with large-cap holdings dominating the portfolio with a weightage of 38.63%.

The Quant ELSS scheme tracks the performance of NIFTY 500 TRI. Currently, Ankit Pande and Vasav Sahgal manage this scheme.

As of 18th July 2024, the scheme’s NAV is Rs 407.85.

SBI Long-Term Equity

Being the oldest in the industry under the ELSS category, this fund has delivered an absolute return of 109.02% and an annualized return of 27.83%. The scheme tracks the performance of the BSE 500 TRI. Regarding fund management, Mr Dinesh Balachandran, this scheme’s fund manager, follows a mix of ‘bottom-up’ and ‘top-down’ approaches for stock selection. It considers only those securities that have a high margin of safety.

Regarding its composition, SBI Long Term Equity has 62 stocks in its portfolio, with large-cap holdings weighing 51.21%.

As of 18th July 2024, the scheme’s NAV stands at Rs 434.59.

HDFC ELSS Tax Saver Fund

Launched on 31st March 1996, this scheme has delivered an absolute return of 102.90% and annualized returns of 26.57%. As of 18th July 2024, the NAV of this scheme stood at Rs 1348, while the assets under management were around Rs 15,674.35 crores.

HDFC ELSS Tax Saver tracks the Nifty 500 TRI. This scheme is currently managed by Roshi Jain and Dhruv Muchhal, who, after thorough analysis, have allocated 62.22% of holdings into large-cap investments. Its NAV as of July 2024 is around Rs. 1,352.

JM ELSS Tax Saver Funds

While not precisely doubling the invested capital, the JM ELSS Tax Saver scheme has delivered an absolute return of 91.56% and an annualized return of 24.17% in the last three years. Launched on 31st March 2008, the fund is currently managed by Asit Bhandarkar and Chaitanya Choksi.

This JM ELSS Tax Saver scheme comprises 55 stocks and has a decent weightage in mid-cap and small-cap companies. As of 18th July 2024, the scheme’s NAV stands at Rs 49.1927.

Conclusion

Though there are ELSS funds that generate higher returns compared to traditional savings schemes, you must assess the risk involved with this investment. When you plan to invest in MF, choose funds with a strong track record and consistent performance. Diversify your investments to mitigate risk and stay updated with market trends.

Previous Post

Why Is Online Gaming So Popular Among Teens?

Next Post

Which is Better: Gimkit or Blooket? Choosing the Best Learning Tool

Amelia Bree

Amelia Bree

Ms. Amelia Bree is a writer and content specialist. she helps companies around worldwide connect with their audiences by using branding alongside authoring. being the admin of gimkit join she is helping the users a lot. Amelia, is a graduate of the American national institute and has a passion for writing. She utilises her websites to guide creators, give presentations on personal brand development, & reveal exclusive details about the literary world.

Get In Touch

Get in touch with our Editorial Team,

Contact Us to submit your premium content.

Contact Us

Popular Post

  • Which Gimkit Codes Always Work

    Finding Which Gimkit Codes Always Work in 2025: What Are They For?

    0 shares
    Share 0 Tweet 0
  • Gimkit Bot Flooder: Understanding the Serious Risks, Consequences, and Why They Are Prohibited

    2 shares
    Share 0 Tweet 0
  • The Truth About Gimkit Bot Spammer Tools (2025): Risks & Fair Play Guide

    2 shares
    Share 0 Tweet 0
  • How to Join a Random Gimkit Game in 2025: Your Guide to Public Play

    0 shares
    Share 0 Tweet 0
  • Which Gimkit Weapon is the Best? Your Ultimate Guide for 2025 (Classic, PvP & Creative!)

    0 shares
    Share 0 Tweet 0
GimKit Join

GimKit Join keeps you informed about GimKit's innovative live game show tool revolutionizing classroom learning. The tool turns education into a captivating game, fostering active participation and deep understanding. Join Gim Kit in empowering students to achieve academic excellence.

Browse by categories

  • Blog
  • Business
  • Educational Games
  • Fishtopia
  • Game based learning
  • Gaming
  • Gimkit
  • Gimkit Hacks
  • Health
  • Lifestyle
  • News
  • Technology

Address

USA 1813 East Main Street,
Salem, VA 24153

Useful Links

Contact Us | Write For Us
No Result
View All Result
  • Business
  • Educational Games
  • Gimkit Hacks
  • Technology
  • Contact us