Tax Saving (ELSS) Mutual Funds

Tax saving mutual funds, also known as Equity Linked Savings Schemes (ELSS), invest primarily in equity related asset classes. Investments in ELSS funds are qualified for deduction from taxable income (up to Rs 1 lakh) under section 80C of the Income Tax Act, 1961. Tax saving mutual funds usually have a lock in period of 3 years. Mentioned below is the list of tax saving mutual funds in India:

Tax Saving (ELSS) Schemes	1 mth	3 mth	6 mth	1 yr▼	3 yr	5 yr	NAV	Size*
HDFC Childrens Gift Fund - Saving Plan	2.99	1.89	2.16	9.85	14.64	10.12	24.17	0.00
Birla Sun Life Savings Fund - Institutional - Growth	0.80	2.33	4.69	9.36	6.97	7.69	201.33	0.00
Birla Sun Life Savings Fund - Retail - DAP	0.71	2.05	4.09	8.12	NA	NA	116.61	0.00
ICICI Prudential RIGHT Fund - Growth	10.21	-1.21	-7.01	6.36	NA	NA	12.20	0.00
BNP Paribas Tax Advantage Plan - Growth	11.19	-0.22	-2.27	5.76	24.77	-0.23	13.92	53.07
HSBC MIP - Savings Plan - Growth	3.91	2.41	2.40	5.24	9.76	8.27	19.84	336.22
Franklin India Taxshield - Growth	10.99	-0.71	-2.08	3.78	30.66	9.28	206.69	747.12
Religare Tax Plan - Growth	10.65	-1.88	-7.11	1.15	29.30	10.33	16.73	0.00
Canara Robeco Equity Taxsaver - Growth	9.67	-0.12	-4.66	0.81	33.97	NA	24.96	0.00
Reliance Tax Saver (ELSS) Fund - Growth	18.05	1.74	-4.95	0.48	28.61	5.42	19.93	0.00
Edelweiss ELSS Fund - Growth	12.36	-0.22	-3.90	0.16	22.59	NA	18.46	0.00
Tata Tax Advantage Fund -1	9.21	-3.06	-4.91	-0.76	27.59	8.23	15.61	94.93
Quantum Tax Saving Fund - Growth	13.52	2.39	-0.28	-0.83	30.07	NA	21.40	4.45
Tata Tax Saving Fund	9.54	-2.10	-4.30	-1.02	26.99	4.52	42.23	0.00
Sahara Taxgain - Growth	15.47	0.60	-4.35	-1.14	29.96	10.42	35.64	9.60
ICICI Prudential Taxplan - Growth	15.22	-0.17	-5.20	-2.29	35.68	7.06	132.84	0.00
Reliance Equity Linked Saving Fund - Series I - Growth	16.49	-0.17	-6.91	-2.29	27.57	NA	13.31	0.00
JPMorgan India Tax Advantage Fund - Growth	11.40	-1.69	-5.45	-2.39	19.99	NA	17.28	3.88
IDFC Tax Saver (ELSS) Fund - Growth	9.79	-1.00	-3.61	-2.59	24.80	NA	13.68	39.86
Fidelity Tax Advantage Fund - Growth	11.71	-2.09	-5.08	-2.67	30.30	9.58	20.60	1039.84
SBI Magnum Tax Gain Scheme 93 - Growth	12.26	-0.14	-4.39	-3.13	24.37	3.70	56.02	0.00
Taurus Taxshield - Growth	10.31	-0.39	-4.86	-3.21	28.16	12.14	32.86	0.00
Bharti AXA Tax Advantage Fund - Eco - Growth	10.52	-1.90	-5.74	-3.45	NA	NA	20.69	32.27
Birla Sun Life Tax Plan - Growth	12.88	-1.63	-7.50	-3.49	22.47	2.07	12.71	0.00
Bharti AXA Tax Advantage Fund - Regular - Growth	10.48	-1.96	-5.86	-3.66	NA	NA	20.55	32.27
Sundaram Taxsaver - (Open Ended Fund) - Growth	14.07	0.52	-3.41	-3.71	21.61	7.11	40.75	1283.82
HSBC Tax Saver Equity Fund - Growth	11.00	0.63	-4.36	-3.81	23.88	5.50	13.40	189.58
UTI Long Term Advantage Fund - Series II - Growth	11.87	-3.39	-6.70	-3.96	22.14	NA	13.10	0.00
IDFC Tax Advantage (ELSS) Fund - Growth	13.17	-2.80	-4.25	-4.11	23.48	NA	18.41	133.64
Kotak Taxsaver - Growth	13.54	-0.84	-6.19	-4.69	24.12	2.16	16.82	390.83
HDFC Taxsaver - Growth	11.62	0.30	-7.11	-4.71	32.74	7.49	214.99	0.00
UTI Equity Tax Savings Plan - Growth	10.19	-2.72	-6.68	-5.05	21.49	2.57	36.44	0.00
Religare AGILE Tax Fund - Growth	4.53	-1.24	-2.72	-5.05	12.89	NA	7.15	8.40
ING Tax Saving Fund - Growth	8.10	-2.96	-8.20	-5.45	30.81	-0.70	27.22	29.74
L&T Tax Advantage Fund - Series I - Growth	16.88	0.64	-4.83	-6.11	NA	NA	18.90	3.00
DSP BlackRock Tax Saver Fund - Growth	13.10	-0.87	-7.04	-6.47	26.57	8.11	15.30	651.26
JM Equity - Growth	16.64	0.10	-4.91	-6.49	18.88	-4.06	32.48	0.00
Baroda Pioneer Equity Linked Saving Scheme 96	14.69	-0.27	-5.20	-6.74	23.34	1.89	21.86	0.00
LIC Nomura Tax Plan - Growth	13.16	-0.69	-5.70	-6.87	19.05	-0.53	26.76	30.62
ING OptiMix RetireInvest Fund - Series I - Growth	9.85	-2.99	-8.84	-7.23	17.79	NA	11.10	2.34
UTI Long Term Advantage Fund - Growth	12.35	-1.40	-7.08	-7.62	22.34	NA	11.28	0.00
SBI Tax Advantage Fund - Series 1 - Growth	13.53	-3.55	-11.34	-8.51	NA	NA	10.32	0.00
Principal Personal Taxsaver	13.38	-0.53	-7.00	-8.61	23.71	3.04	84.88	426.09
DWS Tax Saving Fund - Growth	11.09	-2.41	-8.71	-8.61	18.09	1.83	11.93	0.00
L&T Taxsaver Fund - Growth	14.33	-0.21	-6.02	-8.95	26.41	-0.21	14.04	27.85
JM Tax Gain Fund - Growth	17.05	0.34	-5.02	-8.96	17.00	NA	6.18	0.00
PRINCIPAL Tax Savings Fund	14.87	0.95	-5.65	-8.98	18.34	-1.88	66.67	191.22
Birla Sun Life Tax Relief 96 - Growth	12.76	-2.10	-9.17	-9.83	25.86	NA	9.81	0.00
Tata Infrastructure Tax Saving Fund - Growth	19.68	1.19	-8.73	-13.89	NA	NA	13.42	11.65
Escorts Tax Plan - Growth	20.31	-5.00	-15.05	-15.68	13.22	-3.52	38.23	4.16

Mutual Fund Houses (AMCs) in India