/mutual-funds/investment-ideas/invest-to-save-tax/f769eed4-fba6-40f6-a2c3-1096ecd53df8

Investment Ideas

Curated selection of funds grouped by returns and investment period for you. Explore top mutual funds across different themes.

Invest to Save Tax

Top mutual funds (also known as ELSS) that provide a deduction of up to Rs. 1.5 Lakh per year under section 80C of the Income Tax Act. These provide equity-like returns and have a lock-in period of 3 years, which is lowest among tax-saving instruments under 80C. This is a collection of ELSS funds.

SBI Long Term Equity Fund Direct Plan-Growth

Min. Investment

₹500

29.53

Category Returns

12.33%

29.53%

3Y Returns

29.53 %

HDFC ELSS Tax Saver Direct Plan-Growth

Min. Investment

₹500

27.51

Category Returns

12.33%

29.53%

3Y Returns

27.51 %

Quant ELSS Tax Saver Fund Direct-Growth

Min. Investment

₹500

27.44

Category Returns

12.33%

29.53%

3Y Returns

27.44 %

JM ELSS Tax Saver Fund Direct Plan-Growth

Min. Investment

₹500

25.90

Category Returns

12.33%

29.53%

3Y Returns

25.90 %

Motilal Oswal ELSS Tax Saver Fund Direct-Growth

Min. Investment

₹500

25.65

Category Returns

12.33%

29.53%

3Y Returns

25.65 %

Franklin India ELSS Tax Saver Fund Direct-Growth

Min. Investment

₹500

24.10

Category Returns

12.33%

29.53%

3Y Returns

24.10 %

Bank of India ELSS Tax Saver Direct-Growth

Min. Investment

₹500

24.05

Category Returns

12.33%

29.53%

3Y Returns

24.05 %

Nippon India ELSS Tax Saver Fund Direct-Growth

Min. Investment

₹500

23.99

Category Returns

12.33%

29.53%

3Y Returns

23.99 %

Kotak ELSS Tax Saver Fund Direct-Growth

Min. Investment

₹500

22.99

Category Returns

12.33%

29.53%

3Y Returns

22.99 %

DSP ELSS Tax Saver Direct Plan-Growth

Min. Investment

₹500

22.89

Category Returns

12.33%

29.53%

3Y Returns

22.89 %