Tax-Saving Mutual funds also known as ELSS return to Green. According to the data of Valueresearch, In all, 23 out of the 28 odd funds have delivered positive returns for the 3-years period.
Long-term investors are still less sensitive to the market fluctuations.
This is because, long term Investors know that short term fluctuations in the stock market has nothing to do with the final long-term outcome.
The mood in the stock market is upbeat and people are more positive about the markets. So it is likely that more money would come into this category now.
According to me, if you have an investment time horizon of more than 5 years than you should go for Equity Tax-Saving Mutual Funds. Because Equity is the only Asset class which can give you highest returns than any other asset class in the long run.
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