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Anyone help me find the best tax saving mutual fund schemes in India?
Psiddhesh
: Hi there! In order to save tax on the mutual fund schemes, you can invest in equity linked saving schemes under tax save law section 80C. However, equity linked saving schemes are diversified schemes wherein you can invest in equity related instruments, having a locking a period of about 3 years. For your reference, I have listed some of the good financial institution that offers best tax saving schemes. They are as follows: Top 5 tax Saving Mutual Fund based on lat 1 year returns
- SBI Magnum Tax Plan
- Reliance Mutual Fund - ELS - Fund Series 1
- Sundaram BNP Paribas Tax Saver
- Franklin India Tax Shield
- Prudential ICICI Tax Plan
I hope the above information might be useful for you.
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∙ 12y ago
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What are the tax saving schemes in India?
Tax Saving Schemes in India:Post your tax queries in http://www.etaxmentor.com/etmc/eTaxMentorPages/Query.aspxfor free............We are happy to help you.http://www.etaxmentor.com
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