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Updated:18 Oct 2017 03:31:00 PM(IST)

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Home » Tax Saving (ELSS)

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*
*Size of the scheme (i.e. corpus) is in Rupees crores

Mutual Fund Houses (AMCs) in India

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Mutual fund investments are subject to market risks. Please read the Scheme Information Documents and Statement of Additional Information carefully before investing.