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Indian Journal of Finance

ISSN: 0973-8711 Frequency: Monthly Peer Review: Double-blind Published since: 2007 Language: English
A publication of AMCPL
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New Delhi, India
Indexed in: Scopus Q2 UGC-CARE Group II Google Scholar J-Gate NISCAIR Crossref

Original Article

Open Access Original Article

Investment Performance of Equity Linked Savings Schemes - An Empirical Study

Kavita Chavali1,  Shefali Jain2

1 Associate Professor, Alliance Business School, Bangalore, Karnataka

2 PGP Student, Alliance Business School, Bangalore, Karnataka

Volume 3
Issue 2
Pages 15–22
Year 2009
Published: Feb. 1, 2009
Abstract

Tax saving is the motive of any Indian investor today with increasing average income and cash inflows. Investors have a choice of investing in a lot of traditional tax saving instruments. They are all supported by Government of India and offer low rate of return with long lock-in periods. The study evaluates the performance of equity-linked saving schemes selected at random vis-à-vis the traditional schemes to give an insight into how these funds perform with respect to risk and returns. This is done to help investors to choose an ideal option to save tax and enjoy the benefits of investing in equity market which offers good returns.

How to Cite

Kavita Chavali, Shefali Jain (2009). Investment Performance of Equity Linked Savings Schemes - An Empirical Study. Indian Journal of Finance, 3(2), 15–22.

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