We have finally managed to do a video feature. We have been wanting to do this for a long time, but never really managed to find intelligent things to say. We did a piece of work this week which quite frankly is easier explained in a video than written about.
We looked at all the tax saving equity linked savings schemes that are available to investors in India and used their historical returns & current portfolio composition to identify the best possible fund(s). We used Python & some advanced mathematics to compute a number of risk/return ratios and used a technique called principal components analysis to identify similarities between these different funds. If you are looking to make a tax saving ELSS investment before the end of this financial year, this video should help! Happy watching!
P.S : If you are interested in the full code and the data used in this analysis, you can find it on our Github page right here.