Key Benefits
- Maximum potential tax saving of Rs. 46,800* per annum
- Enjoy higher returns by investing in a portfolio of Equity Linked Instruments
- Shortest lock-in period among all 80C investments – of just three years
- Ease of investment - You can invest your money via a systematic investment plan (SIP) or as a lump sum
- Lower tax on gains – only long-term capital gains above Rs 1 lakh are taxed at 10%
Top performing** funds as per Morningstar
Scheme Name | MorningstarTM Rating | Returns in 2 Years | Returns in 3 Years | Returns in 5 Years |
---|
ICICI Pru Long Term Eq (Tax Sav) Gr | **** | 8.17% | 13.00% | 14.80% |
Kotak Taxsaver Reg Gr | **** | 6.70% | 14.87% | 17.20% |
Franklin India Taxshield Gr | **** | 6.94% | 10.75% | 15.61% |
(ELSS schemes with fund performace, annualized return as per the Morningstar report as on 2nd May 2019. For the complete report, click here)
To know more about investing in ELSS Mutual Funds funds refer our blog articles here : www.dbs.com/digibank/in/learn/articles/mutual-fund-that-helps-you-save-tax
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