15 ELSS mutual funds multiplied investors’ wealth by over 1.25 times in 3 years

In the last three years, around 15 ELSS or tax-saving mutual funds have significantly increased investors' wealth. Funds like SBI Long Term Equity Fund and Motilal Oswal ELSS Tax Saver Fund showed substantial growth. ELSS funds offer tax savings under Section 80C of the IT Act, while being high-risk investments with a three-year lock-in period.