Best Mutual Funds: These Elss schemes have given more than 20% yields over the past 5 years

Mutual Funds: If you are considering investing in a mutual fund scheme, it is important to first compare its returns with those of other mutual fund schemes in the same category. Although yields from the past do not guarantee future returns, they play an important role in helping an investor decide whether a scheme is worth investing. Here is a list of stock-linked savings schemes (Elss) that has produced more than 20 percent annualized returns over the past five years. Minimum investment of 80% in shares for those who are unaware of it, Elss subject funds invest a minimum of 80 percent in shares in accordance with the shares -linked savings scheme, 2005, norms notified by the Ministry of Finance. These mutual funds have a three -year lock period, the shortest among all other tax -saving options. Investment in these schemes enables investors to claim income tax deduction under section 80c of the Income Tax Act to a maximum of £ 1.5 lakh in the old tax regime. There are a total of 43 schemes in this category (ELSS) with total assets under management of £ 2,48 Lakh-Crore, according to the latest data released by the Association of Mutual Funds in India (AMFI), as at 31 July 2025. Shares-linked Saver Fund 5-year Back Bandhan Els Tax Saver Fund 23.46 Boi Tassie Saver Saver Saver Saver Saver Saver Saver Saver Saver Saver Saver Funder (Saver Fund 20.04 DSP Elss Tax Saver Fund 23.35 Franklin India Elss Tax Saver Fund 23.76 HDFC Elss Tax Saver 24.76 HSBC Elss Tax Saver Fund 20.62 ICICI Pru Elss Saver Funds 20.86 JM Elss bags saver Fund 23.00 Kotak Els Saver Saver Saver Saver Saver Saver Saver Saver 21.06 Mirae Mirae Saver Lasest Declaration 21.22 Motilal Owal Elss Tax Saver Fund 25.44 Nippon India Elss Tax Saver Fund 23.32 pp Elss Tax Saver Fund 22.26 Quant Elss Tax Saver Fund 26.92 SBI Elss Tax Saver Fund 24.82 Sundaram Elss Tax Saver Fund 20.69 Union Els Saver Fund 20.50 (Source: Amfi; 2025) As we can see in the table above, there are almost 18 schemes that have yielded more than 20 percent annually. Annualized returns given and SBI Elss Tax Saver Fund delivered 24.82 percent annualized returns. A scheme has provided good performance in the past does not mean that it will deliver the same – or similar performance in the future.