ISSN: 2349-5162

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Published in:

Volume 6 Issue 3
March-2019
eISSN: 2349-5162

Unique Identifier

JETIRAJ06015

Page Number

94-99

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Title

Equity Linked Saving Schemes (ELSS): A Rewarding Investment Option Under Section 80C for a Common Man

ISSN

2349-5162

Cite This Article

"Equity Linked Saving Schemes (ELSS): A Rewarding Investment Option Under Section 80C for a Common Man", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 3, page no.94-99, March-2019, Available :http://www.jetir.org/papers/JETIRAJ06015.pdf

Authors

Abstract

In the growth of Indian economy and capital market Indian mutual fund industry is playing an important role. Investment in the equity-linked savings schemes (ELSS) is quite popular among small investors for taking tax incentives under section 80C. This study is carried out to fulfil the objectives of understanding risk return profile of these schemes of various mutual funds. The study aims to examine the relative performance of tax saving schemes of top ten Mutual funds over a period of last 3 years. The statistical tools like CAGR, standard deviation, beta and the risk adjusted performance measures suggested by Treynor and Sharpe are employed. The study reveals that the return given by equity linked saving schemes by some mutual funds are far better than return generated by other investment options available under section 80C.

Key Words

Equity Linked Savings Scheme (ELSS), Sharpe Index, Treynor Index, CAGR, Beta, Standard Deviation.

Cite This Article

"Equity Linked Saving Schemes (ELSS): A Rewarding Investment Option Under Section 80C for a Common Man", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp94-99, March-2019, Available at : http://www.jetir.org/papers/JETIRAJ06015.pdf

Publication Details

Published Paper ID: JETIRAJ06015
Registration ID: 199477
Published In: Volume 6 | Issue 3 | Year March-2019
DOI (Digital Object Identifier):
Page No: 94-99
ISSN Number: 2349-5162

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Cite This Article

"Equity Linked Saving Schemes (ELSS): A Rewarding Investment Option Under Section 80C for a Common Man", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp94-99, March-2019, Available at : http://www.jetir.org/papers/JETIRAJ06015.pdf




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