Which tax saving Mutual Fund in India has been consistently delivering a return of 40% or more ?

Question

I want to invest in mutual funds. I would like to go ETF's, but they do not provide tax benefit. Can anyone suggest something good?

Answer 1

I would be very happy if I got 40% one year in a decade AND managed to hang on to it.

Your expectation of a consistent 40% is terribly unrealistic.

Risk and return are directly connected. You cannot get around that fact. So 40% and "consistent" DON'T go together. Your return is payment for taking risk.  

Only an extremely risky investment could return that much and then your chances of losing some or all your money is also very high.

Be careful.

Good Luck.

Answer 2

40% is too optimistic.

Also with such falling markets, most of the top performing funds have turned -ve.

SBI's Magnum Tax Gain is India's largest ELSS scheme

Answer 3

NONE. so far.

Answer 4

sir,

1,sundaram tax saver

2,principal parsonal tax saver

3,hdfc long term advantage fund

thanks,

mahesh mewada

ph,09824097824