In India people invest only for save tax. All mutual fund have ELSS scheme but last one month performance of good scheme are not good. Some under perform ELSS fund out perform right now. Related this Top 5 ELSS scheme performance of one month as below.
Sundaram Tax Saver -7.48%
Can Robeco Equity Tax Saver -9.02%
Religare Tax Plan -9.14%
Tata Tax Savings -9.18%
Axis Tax Saver -9.29%
All ELSS perform negative return but here most valuable thing is that before that all says about Reliance, Birla and HDFC ELSS fund they are not get place on top 5 rank. It means they lost their charm and not perform well.
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