Equity Linked Savings Schemes  
How to choose the best tax saving investment
You can turn your tax saving investments into a meaningful sum only by choosing the right option. Here are the pros and cons of the popular tax savings options
PPF has grossly underperformed ELSS
These numbers will prove why a common man needs to invest in equity
Pay Less Tax with Your Investments
There are a wide range of investments that allow you to reduce your tax liability
Tax savings alternatives
There are a variety of tax-saving options available to investors. Here's an overview of the six most popular ones
Saving tax through Mutual Funds
By most measures, Equity-Linked Savings Schemes are better tax-saving choice
Which is better: ELSS or ULIP?
ELSSs have predictable costs, easily understandable returns and are transparent about how the fund operates and what it invests in
Is ELSS suitable for senior citizens?
The idea that equity is risky and therefore suitable only for young people actually pushes many old, retired people towards financial problems
The Promise of ELSS Funds
The combination of equity and tax-saving makes ELSS funds an ideal investment for all types of investors
Tax Helpline
Should I invest in an ELSS with high AUM?
Dhirendra Kumar tells if you should invest in a tax-saving fund with high AUM...
How are SWPs taxed?
Mutual fund withdrawals are subject to tax depending on the category of the funds...
How much tax will I have to pay?
There is no surrender penalty from the 6th policy year, irrespective of the number of years the premiums have been paid...
Should I shift from balanced fund to ULIP?
If your research is correct, your new investment advisor is trying to sell you a Unit Linked Insurance Plan (ULIP)...
Can I open another NPS account?
If you are looking to claim a tax deduction under Section 80C of the Income Tax Act, you can consider investing in Equity Linked Savings Schemes (ELSSs)...
Can I claim a tax deduction on premiums for my son?
A tax payer can claim a tax deduction on premiums paid for a life insurance cover for himself, spouse and children...

Top Rated Tax Planning Funds
Show Direct Plans

Fund Rating Launch 3-Years
Return (%)
Return (%)
Return (%)
Ratio (%)
Net Assets (Cr)
Aditya Birla Sun Life Tax Plan  |  Invest Online Feb-1999 12.22 19.19 17.76 2.38 636
Aditya Birla Sun Life Tax Relief 96  |  Invest Online Mar-1996 12.74 19.98 19.12 2.26 6,480
Axis Long Term Equity Fund Dec-2009 11.61 20.56 - 2.25 16,467
DSP Tax Saver Fund  |  Start SIP Now Jan-2007 11.84 18.16 18.65 2.10 4,329
HDFC Long Term Advantage Fund  |  Invest Online Jan-2001 13.78 16.73 18.36 2.20 1,418
IDFC Tax Advantage (ELSS) Fund - Regular Plan  |  Invest Online Dec-2008 13.03 17.66 - 2.39 1,607
Invesco India Tax Plan  |  Invest Online Dec-2006 11.65 18.83 19.86 2.63 620
L&T Tax Advantage Fund  |  Invest Online Feb-2006 13.45 17.38 18.72 2.15 3,176
Motilal Oswal Long Term Equity Fund - Regular Plan (Erstwhile Motilal Oswal MOSt Focused Long Term Fund)  |  Invest Online Jan-2015 14.13 - - 2.34 1,048
Principal Tax Savings Fund  |  Invest Online Mar-1996 13.38 18.27 16.34 2.56 368
Quant Tax Plan (Erstwhile Escorts Tax Plan) Apr-2000 16.52 22.11 11.81 2.50 8
Tata India Tax Savings Fund  |  Invest Online Mar-1996 11.84 18.61 18.44 2.09 1,425