Presenting Investor Education Originals, where we simplify the basics of personal finance and investing for you. In this video, we will learn how to beat inflation by investing in ELSS mutual funds.
Now, how does one beat it?
It is a bug that can only be cured by putting your money in assets with a high probability of delivering returns at a higher rate than inflation . Equity Linked Mutual Funds are one such instrument. Over the last decade, Sensex has produced gains of more than 10%, whereas the average inflation rate stood at 5.98%.
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