Best Tax Saving Funds

  • No. of Funds
    34
  • Average Return
    10.29% p.a.
Large Cap Fund
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Discover Mutual Funds

What are Tax Saving Funds?

Large-cap mutual funds are investment funds that primarily invest in the stocks of large, established companies with a market capitalization typically above ₹20,000 Crores. These companies are often industry leaders and are considered more stable and less volatile than smaller firms, making large-cap mutual funds a relatively safer investment option for conservative investors.

Key Benefits of Tax Saving Funds:

  • Offer stability with lower risk due to investments in well-established companies
  • Provide consistent, long-term returns
  • Potential for regular dividend income from large-cap companies
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Market winners

Top Tax Saving Funds

Fund Name 1 Yr. Return 3 Yr. Return 5 Yr. Return Fund Size Expense Ratio
sbi-long-term-equity-fund-direct-g
SBI Long Term Equity Fund - Direct (G) 10.92% 24.66% 32.48% ₹25724 Cr 1.07%
hdfc-elss-tax-saver-fund-direct-g
HDFC ELSS Tax Saver Fund - Direct (G) 13.18% 22.54% 30.85% ₹14671 Cr 1.09%
quant-lss-tax-saver-fund-direct-g
Quant ELSS Tax Saver Fund - Direct (G) -4.26% 15.64% 39.86% ₹9486 Cr 0.5%
parag-parikh-elss-tax-saver-fund-direct-g
Parag Parikh ELSS Tax Saver Fund - Direct (G) 15.35% 18.95% 30.72% ₹4477 Cr 0.63%
motilal-oswal-elss-tax-saver-fund-dir-g
Motilal Oswal ELSS Tax Saver Fund-Dir (G) 11.92% 24.49% 28.92% ₹3405 Cr 0.72%
dsp-elss-tax-saver-fund-direct-g
DSP ELSS Tax Saver Fund - Direct (G) 17.7% 19.58% 30.14% ₹14981 Cr 0.72%
franklin-india-elss-tax-saver-fund-direct-g
Franklin India ELSS Tax Saver Fund - Direct (G) 9.78% 19.13% 29.63% ₹5986 Cr 1.09%
jm-elss-tax-saver-fund-direct-g
JM ELSS Tax Saver Fund - Direct (G) 11.82% 18.58% 28.2% ₹167 Cr 1.27%
quantum-elss-tax-saver-fund-direct-g
Quantum ELSS Tax Saver Fund - Direct (G) 11.44% 17.83% 26.93% ₹200 Cr 0.89%
bandhan-elss-tax-saver-fund-direct-g
Bandhan ELSS Tax Saver Fund - Direct (G) 3.92% 14.93% 32.03% ₹6232 Cr 0.68%
sbi-long-term-equity-fund-direct-g
  • Return 10.92%
  • Fund Size ₹25724Cr
  • Expense Ratio 1.07%
hdfc-elss-tax-saver-fund-direct-g
  • Return 13.18%
  • Fund Size ₹14671Cr
  • Expense Ratio 1.09%
quant-lss-tax-saver-fund-direct-g
  • Return -4.26%
  • Fund Size ₹9486Cr
  • Expense Ratio 0.5%
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Calculate Your Returns from Top Tax Saving Funds

Find out how much your investment would have grown to

of
for
in
Total investment 3.2 Crs
Profit 1.22 Crs

Current value 4.43 Crs
This fund has generated an XIRR of 22.14% over the past 3 years
Large Cap Fund
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Understanding Tax Saving Funds

How {{fund_type}} work?

ELSS funds invest mainly in equities and offer tax benefits under Section 80C, with a three-year lock-in period. The tax benefit can extend up to a maximum amount of ₹1.5 lakhs.

Why should you invest in {{fund_type}}?

ELSS funds provide a unique combination of tax savings and growth potential, making them an attractive option for taxpayers. By investing in ELSS, you can reduce your taxable income under Section 80C, while also aiming for higher returns through equity exposure. These funds encourage long-term investing, which can lead to significant wealth accumulation over time. The three-year lock-in period is relatively short, allowing you to enjoy tax benefits without a long commitment. ELSS funds are ideal for investors who want to build an equity portfolio while saving on taxes.

Who should invest in {{fund_type}}?

Suited for taxpayers who want equity exposure with tax savings.

What are the taxes on {{fund_type}}?

Short term capital gains on {{fund_type}} mutual funds are 15%, while long term capital gains are 12.5% (above ₹1.25 lakh).

How to invest in {{fund_type}}?

  1. Open Appreciate account.
  2. Choose the fund you want to invest in.
  3. Make the payment and track your investment.

Frequently Asked Questions about Tax Saving Funds

  1. Are {{fund_type}} risky?

    ELSS funds carry moderate to high risk due to their equity exposure, though they also offer tax benefits.

  2. Should I invest in {{fund_type}} ?

    Yes, if you want tax savings and are willing to invest in equities with a three-year lock-in period.

  3. How long should I stay invested in {{fund_type}} ?

    The minimum is three years, but staying invested longer can help maximize returns.

  4. Can I withdraw my investment from {{fund_type}} anytime?

    No, ELSS funds have a mandatory lock-in period of three years.

  5. What are the expenses involved in {{fund_type}} ?

    Expense ratios for ELSS funds can vary from 1% to 2%, which is typical for actively managed funds.

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