Home > Portfolios > Best Tax Saving ELSS Funds for 2017
Best Tax Saving ELSS Funds for 2017+0.8%
8.8%
1 Year Return
Equity
ELSS
4.0 star
1Y
3Y
5Y
Funds in this Plan
Fund NamePercentageRatingExpense RatioMin SIP Amount
Reliance Tax Saver (ELSS) Fund - Growth25.0%3 star1.98%500
DSP BlackRock Tax Saver Fund - Growth25.0%4 star2.07%1000
Kotak Taxsaver - Regular - Growth25.0%3 star2.43%1000
Aditya Birla Sun Life Tax Relief 96 - Growth25.0%5 star2.26%500
Description

Purpose: Invest in this portfolio if you want to save tax under section 80C. Both the investments and returns are tax exempt upto a limit of 1.5L under section 80C.

Ideal way of investing: SIP (systematic investment plan)

How much to invest: Rs. 10,000 (total for the year will reach to 1.2 Lac, rest can be your EPF, etc.)

Ideal investment duration: 5+ years

Rationale: Has only Tax Saving ELSS funds. Diversified across top performing mutual funds. Selected Reliance Tax Saver Fund because it generated highest returns with high risk. Kotak Tax Saver Fund because of it generated best risk-adjusted returns in this category. DSP BR Tax Saver for its consistent performance. Birla Sun Life Tax Relief 96 has focus on MNC which have given very good returns.

Returns
Fund
1Y
3Y
5Y
Best Tax Saving ELSS Funds for 2017
8.8%
11.1% p.a
23.9% p.a
SIP Calculator
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 8.8% annual returns
    Other Details
    Risk
    Moderately High
    Min SIP Amount
    ₹2000
    Created By
    Ishan
    Expense Ratio
    2.30%
    Min Lumpsum Amount
    ₹2000
    Created On
    20 May 2017