Best Tax Saving Mutual Funds India

 

Best Tax Saving Mutual Funds India

ELSS (Equity Linked Savings Schemes) also known as Tax saving mutual funds are the one of the best way to save tax up to Rs.1 lakh per year under section 80C.

ELSS comes with a lock-in period of 3 years and you can save lots of tax under these funds.

Here are the Best tax Saving Mutual Funds of India. However, keep in mind that after implementation of DTC (Direct Tax Code) in India (Probably April 2012), these are no longer consider under Section 80C Tax deductions.

Anyways…So Here is a List.

01) Reliance Tax Saver Fund

02) Reliance Tax Plan

03) Canara Robeco Equity Tax Saver Fund

04) Religare Tax Plan

05) Taurus Tax Shield

06) ICICI Prudential Tax Plan

07) Sahara Tax Gain

08) HDFC Tax Saver

09) HDFC Long Term Advantage

10) DSPBR Tax Saver Fund

All of the above are the Top 10 Tax Saving mutual funds of India of all time and investing in them will definitely fetch superior returns in the long run.

So invest in any of the above funds. They are the all time best funds.