Equity mutual fund investors are extremely happy with the performance of their schemes in the last one year. However, SIP investors in 10 equity funds may not be very happy.
The ELSS or tax saving schemes are benchmarked against NIFTY 500 - TRI, S&P BSE 100 - TRI, and S&P BSE 500 - TRI. These benchmarks gave 12.86%, 10.70%, and 12.66% respectively in 2023 so far.