Best Tax Saving ELSS Mutual Funds+0.10%

3Groww
1.78%
1 Year Return
Equity
ELSS
3.0 star
1Y
3Y

Funds in this Plan

Fund NamePercentageRatingExpense RatioMin SIP Amount
Mirae Asset Tax Saver Fund - Regular - Growth25.0%5 star2.19%500
Reliance Tax Saver (ELSS) Fund - Growth25.0%1 star1.71%500
Motilal Oswal MOSt Focused Long Term Fund - Regular - Growth25.0%5 star2.21%500
Principal Tax Savings Fund25.0%3 star2.54%500

Description

Purpose: Invest in this portfolio if you want to save tax under section 80C. The investments are tax-exempt up to a limit of 1.5L under section 80C. The returns earned on these funds are also tax-free. There is a lock-in of 3 years in these funds.

The ideal way of investing: SIP (systematic investment plan) - monthly small amount.

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: 3+ years

Rationale: Has only Tax Saving ELSS funds. Diversified across top performing mutual funds. Reliance Tax Saver Fund has generated highest returns with high risk. Principal Tax Saving Fund is a top performer in ELSS category. Motilal Oswal Focussed Long Term Fund and Mirae India Tax Saver Fund are new age funds that are also top performing in last few years.

Returns
Fund
1Y
3Y
5Y
Best Tax Saving ELSS Mutual Funds
1.8%
11.4% p.a
NA
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with 1.8% annual returns

    Other Details

    Best Tax Saving ELSS Mutual Funds

    RiskModerately High
    Min SIP Amount₹2000
    Created ByIshan Bansal
    Expense Ratio2.27%
    Min Lumpsum Amount₹2000
    Created On27 Oct 2017
    Invest Now
    Enter investment amount
    + ₹2,000
    + ₹10,000
    + ₹20,000
    ONE TIME
    MONTHLY SIP
    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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