Mutual Funds, Aug. 18 -- If you are contemplating investing in a mutual fund scheme, it is important to first compare its returns against those of other mutual fund schemes in the same category.

Although past returns do not guarantee future returns, they play a vital role in helping an investor decide whether a scheme is worth investing in.

Here, we list equity-linked savings schemes (ELSS) which have delivered over 20 per cent annualised returns in the past five years.

For those who are not aware, ELSS mutual funds invest a minimum of 80 per cent in stocks in accordance with the Equity Linked Saving Scheme, 2005, norms notified by the Ministry of Finance. These mutual funds have a lock-in period of three years, the shortest among all ...