Tax Saving Mutual Funds

Invest in ELSS (Equity Linked Saving Scheme) mutual funds for tax benefits and growth.

  • Tax Savings: Deduct up to Rs. 1.5 lakhs under Section 80C.
  • Short Lock-in Period: Only 3 years.
  • Growth Potential: Keep your investment beyond 3 years for higher returns.
  • Flexible Investment: Use SIP for convenient investing.
  • Secure: Regulated by SEBI for transparency and safety.
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To get Started on your investment journey

What are Tax-Saver Funds?

    Tax-Saver Funds or Equity-Linked Savings Schemes (ELSS), are a category of mutual funds that offer tax benefits to investors. Here are it’s key features:

     

  • Tax-Saving Benefits: Enjoy tax benefits under Section 80C of the Income Tax Act of 1961.
  • Equity-Focused: Invest 80% or more in equity shares and equity-based instruments for higher growth potential.
  • Flexible Investment: Start with just Rs. 500 through SIP or lump sum.
  • Tax Deductions: Save on taxes with investments up to Rs. 1.5 lakhs.
  • Short Lock-in Period: Only 3 years, offering quicker access to your returns.
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Invest in ELSS and save tax upto ₹46,800
START INVESTING
Look at the Investment Strategy
Look at the Investment Strategy

Different fund managers use different investment strategies to deliver maximum returns. So, it’s crucial to understand a fund manager’s strategy before investing in an ELSS mutual fund. For example, analyze whether a fund manager is investing in large-cap stocks, small-cap stocks, or mid-cap stocks to understand if their strategy aligns with your investment goals and risk appetite.

Analyze the Historical Performance
Analyze the Historical Performance

Your objective behind investing in an ELSS fund should not only be saving taxes but also to fetch high returns on your investments. That is why you should always analyze the past performance of a fund before investing in it. Compare the fund’s performance with its peers to ensure that it has delivered consistent returns over the years.

Compare the Expense Ratio
Compare the Expense Ratio

The expense ratio of a mutual fund determines what portion of your investment goes towards the management of funds by the fund manager. A higher expense ratio translates into lower returns and vice-versa. So, if there are two funds with similar track records, you should invest in the one with a lower expense ratio.

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