Equity Funds vs ELSS schemes

[alok07]

Who has performed better in general?

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[Expert]

Who has performed better in general?

If you include tax rebate also than I think ELSS scores above Equity Funds.
But if you see the lock in period than Equity Fund have advantage over ELSS.

[CSI]

If you have no requirement for tax rebate go for Equity Funds - they will give you better return in short duration.

[Master]

Equity MFs have to give short term as well as long term return to investors, because there is no lock in period. Only the performance will drive the investor.
In case of ELSS - the fund manager invest for longer term, three years plus.

So the objective is different, so the return also. And the final point - nobody predict the market.