I started a rupees 2000 pm SIP in this ELSS tax saving fund ( Axis Long Term Equity) governed by karvy in last fiscal, but ti my utter surpise this was the worst ever financial decision I took.
Annulised XIRR returns on fund is mere 6% low below comparing it with peers
From investment point of few this fund is not worth at all, fund manager have not made inveatments in good stocks and it was unable to sustain during bear run in market.
Do not invest , better option is ICICI Ltef
