With the tax-saving season approaching, investors are turning to ELSS mutual funds for their potential high returns. Over the past three years, some ELSS funds have delivered up to 22% XIRR on SIP investments. SBI Long Term Equity Fund led the category with a 22.20% XIRR.
Nifty records worst February month since Covid-19 with 6% loss
Nifty suffered its worst February decline since 2020, dropping 5.9% amid a broad sell-off, primarily in IT, auto, and pharma stocks. The index is down