Passive ELSS Mutual Funds
Passive ELSS (Equity-Linked Savings Scheme) Mutual Funds are tax-saving investment options that mirror the performance of a specific stock market index, such as the Nifty 50 or Sensex. Unlike actively managed funds, these funds follow a passive approach, aiming to replicate the index’s performance without attempting to outperform it. They consist of equities from the top 250 companies by market capitalization, offering broad market exposure. View More
Passive ELSS Mutual Funds List
| Fund Name | Fund Size (Cr.) | 3Y Returns | 5Y Returns | |
|---|---|---|---|---|
360 ONE ELSS Tax Saver Nifty 50 Index Fund-Dir Growth
|
79 | - | - | |
Navi ELSS Tax Saver Nifty 50 Index Fund-Dir Growth
|
86 | - | - | |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund-Direct Growth
|
177 | - | - |
| Fund Name | 1Y Returns | Rating | Fund Size (Cr.) |
|---|---|---|---|
360 ONE ELSS Tax Saver Nifty 50 Index Fund-Dir Growth
|
6.85% Fund Size (Cr.) - 79 |
||
Navi ELSS Tax Saver Nifty 50 Index Fund-Dir Growth
|
6.85% Fund Size (Cr.) - 86 |
||
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund-Direct Growth
|
6.62% Fund Size (Cr.) - 177 |
Who Should Invest in Passive ELSS Mutual Funds?
Passive ELSS funds are ideal for individuals seeking tax-saving investments with minimal risk and management effort. These funds cater to:
- 1. Those aiming for consistent growth over the years benefit from the market-wide exposure these funds provide.
- 2. Individuals who prefer not to actively oversee their investments.
- 3. Those who want to ensure that a greater portion of returns is retained, as these funds come with lower expense ratios compared to active ELSS funds.
- 4. Individuals who wish to benefit from tax deductions of up to ₹1.5 lakh under Section 80C.
By aligning with long-term financial objectives and offering tax benefits, these funds serve as an efficient solution for investors looking to save tax and grow wealth simultaneously.