Top Tax Saving Mutual Funds to invest in !
Tax saving mutual funds are those which invest at least 80% of their assets in equities.
These are equity-linked saving schemes (ELSS) which offer tax benefits to the investors under Section 80C of the Income Tax Act, 1961.
1.Quant Tax Plan Direct-Growth
Fund Size - ₹3198.18 Cr Expense Ratio - 0.57% 3Y RETURN -
46.78%
MIN. SIP INVESTMENT₹500
2.Bandhan Tax Advantage (ELSS) Direct Plan-Growth
Fund Size - ₹4169.25 Cr. Expense Ratio - 0.75% 3Y RETURN -
36.03%
MIN. SIP INVESTMENT ₹1000
3.Parag Parikh Tax Saver Fund Direct - Growth
Fund Size - ₹1356.09 Cr. Expense Ratio - 0.78% 3Y RETURN -
33.85%
MIN. SIP INVESTMENT ₹1000
4.PGIM India ELSS Tax Saver Fund Direct-Growth
Fund Size - ₹471.15 Cr. Expense Ratio - 1.00% 3Y RETURN -
30.03%
MIN. SIP INVESTMENT ₹500
5.Mirae Asset Tax Saver Fund Direct-Growth
Fund Size - ₹14448.50 Cr. Expense Ratio - 0.65% 3Y RETURN - 29
.33%
MIN. SIP INVESTMENT ₹500
6.Mahindra Manulife ELSS Fund Direct -Growth
Fund Size - ₹542.86 Cr. Expense Ratio - 0.72% 3Y RETURN - 29.06
%
MIN. SIP INVESTMENT ₹500
7.Bank of India Tax Advantage Direct-Growth
Fund Size - ₹695.47 Cr. Expense Ratio - 1.31% 3Y RETURN - 28.71
%
MIN. SIP INVESTMENT ₹500
8.Kotak Tax Saver Fund Direct-Growth
Fund Size - ₹3400.35 Cr Expense Ratio - 0.69% 3Y RETURN - 28.68
%
MIN. SIP INVESTMENT ₹500