Top 10 Tax Saving Mutual Funds

Tax Saving Mutual Funds also known as ELSS (Equity Linked Saving Schemes) come under the Section 80C of Income Tax Act. They come with 3 years of lock in period and are the only tax saving instruments which are Equity Linked.

Here are the Top 10 Tax Saving Mutual Funds of India

* SBI Magnum Tax Gain 1993
* Birla Sunlife Tax Relief 1996
* Sundaram BNP Paribas Tax Saver
* Franklin India Tax Shield
* Prudential ICICI Tax Plan
* Principal Tax Saving
* Principal Personal Tax Saver
* Kotak Tax Saver
* Fidelity Tax Advantage
* Birla Equity Plan

All of the above are the Best Tax Saving Mutual Funds (ELSS) of India. And all of them have a past proven record of good performance.

If you want to know more about these funds and track their performance on the regular basis than go to Valueresearchonline.com

Valueresearchonline by Dhirendra Kumar is India’s Best Mutual Fund Rating Agency. You will find all the information about tax saving mutual funds and every other kind of mutual funds from this website. What I advise you is that, to take the full advantage of Equity markets start investing in the ELSS from the first day of the financial year means from 1st April rather than rushing at the end of the year in January and February to save the tax.