List of Tax Saving Mutual Funds

If one wants to take advantage of both equity returns and tax saving then Tax saving mutual funds is perhaps the best option because these mutual funds invest in equity and investments made by individuals are eligible for deduction from taxable income. Taxes saving mutual funds are also known as Equity Linked Savings Schemes. Given below is the list of tax saving mutual funds –

  1. JPMorgan India Tax Advantage Fund – Growth
  2. Reliance Equity Linked Saving Fund – Series I – Growth
  3. ICICI Prudential Right Fund – Growth
  4. Edelweiss ELSS Fund – Growth
  5. UTI Long Term Advantage Fund – Series II – Growth
  6. HDFC Taxsaver – Growth
  7. Franklin India Taxshield – Growth
  8. Kotak Taxsaver – Growth
  9. Tata Tax Saving Fund
  10. HDFC Childrens Gift Fund – Saving Plan
  11. PRINCIPAL Tax Savings Fund
  12. Franklin India Index Tax Fund
  13. Baroda Pioneer Equity Linked Saving Scheme 96
  14. Birla Sun Life Savings Fund – Retail
  15. Principal Personal Taxsaver
  16. HSBC MIP – Savings Plan – Growth
  17. SBI Tax Advantage Fund – Series 1 – Growth
  18. JM Tax Gain Fund – Growth
  19. Bharti AXA Tax Advantage Fund – Eco – Growth
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