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6 Best Performing Tax Saving Mutual Funds 2025

Updated on June 11, 2025 , 3520 views

With tax season around the corner, investors who invest in ELSS always look at the funds that are performing best in the Market. Since, many investors find it difficult to choose one fund amongst so many, we are here to suggest some best performers in the ELSS category.

Investors can invest in these funds and save up to INR 1.5 lakh every year under Section 80C of income tax Act 1961. ELSS schemes have a lock-in period of minimum 3 years. Our recommended best performing tax saving Mutual Funds has been carefully shortlisted by undertaking some of the important parameters like AUM, NAV, past performances, etc.

Thus, investors can easily plan their tax savings by Investing in these funds.

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Best Performing Tax Saving Mutual Funds

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Tata India Tax Savings Fund Growth	₹43.7325 ↓ -0.27	₹4,405	12.4	-4	5.7	20.1	22.6	19.5
IDFC Tax Advantage (ELSS) Fund Growth	₹150.011 ↓ -0.82	₹6,806	11.4	-1.9	1.8	19.6	27.1	13.1
L&T Tax Advantage Fund Growth	₹132.74 ↓ -0.70	₹3,917	15	-5.4	5.8	24.3	23.7	33
Principal Tax Savings Fund Growth	₹499.253 ↓ -3.00	₹1,328	11.8	-1.7	4.6	19.1	23.1	15.8
HDFC Long Term Advantage Fund Growth	₹595.168 ↑ 0.28	₹1,318	1.2	15.4	35.5	20.6	17.4
Invesco India Tax Plan Growth	₹124.87 ↓ -0.50	₹2,721	14.3	-5.7	6.7	21.3	21.7	25.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Jun 25

*List of TAX Saving mutual funds having net assets between 1000 Crore to 10,000 Crores.

1. Tata India Tax Savings Fund

To provide medium to long term capital gains along with income tax relief to its Unitholders, while at all times emphasising the importance of capital appreciation..

Tata India Tax Savings Fund is a Equity - ELSS fund was launched on 13 Oct 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.8% since its launch. Ranked 1 in ELSS category. Return for 2024 was 19.5% , 2023 was 24% and 2022 was 5.9% .

Below is the key information for Tata India Tax Savings Fund

Tata India Tax Savings Fund Growth
Launch Date	13 Oct 14
NAV (13 Jun 25)	₹43.7325 ↓ -0.27 (-0.60 %)
Net Assets (Cr)	₹4,405 on 30 Apr 25
Category	Equity - ELSS
AMC	Tata Asset Management Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	0
Sharpe Ratio	0.07
Information Ratio	-0.08
Alpha Ratio	0.83
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹16,250
31 May 22	₹17,665
31 May 23	₹19,848
31 May 24	₹26,082
31 May 25	₹28,948

Tata India Tax Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹530,691.
Net Profit of ₹230,691 Invest Now

Returns for Tata India Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jun 25

Duration	Returns
1 Month	2.3%
3 Month	12.4%
6 Month	-4%
1 Year	5.7%
3 Year	20.1%
5 Year	22.6%
10 Year
15 Year
Since launch	14.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	19.5%
2023	24%
2022	5.9%
2021	30.4%
2020	11.9%
2019	13.6%
2018	-8.4%
2017	46%
2016	2.1%
2015	13.3%

Fund Manager information for Tata India Tax Savings Fund

Name	Since	Tenure
Sailesh Jain	16 Dec 21	3.46 Yr.
Tejas Gutka	9 Mar 21	4.23 Yr.

Data below for Tata India Tax Savings Fund as on 30 Apr 25

Equity Sector Allocation

Sector	Value
Financial Services	34.65%
Consumer Cyclical	14.48%
Industrials	12.7%
Basic Materials	6.86%
Technology	6.65%
Energy	5.57%
Communication Services	4.29%
Health Care	3.63%
Utility	2.78%
Real Estate	2.27%
Consumer Defensive	1.24%

Asset Allocation

Asset Class	Value
Cash	4.87%
Equity	95.13%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 10 \| HDFCBANK	8%	₹332 Cr	1,725,000
ICICI Bank Ltd (Financial Services) Equity, Since 30 Nov 16 \| ICICIBANK	7%	₹303 Cr	2,125,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jan 18 \| RELIANCE	4%	₹190 Cr	1,350,000
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Sep 19 \| BHARTIARTL	4%	₹175 Cr	940,000
Infosys Ltd (Technology) Equity, Since 30 Sep 18 \| INFY	4%	₹174 Cr	1,160,000
State Bank of India (Financial Services) Equity, Since 30 Nov 18 \| SBIN	4%	₹172 Cr	2,175,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Aug 18 \| 532215	3%	₹154 Cr	1,300,000
NTPC Ltd (Utilities) Equity, Since 30 Jun 21 \| 532555	3%	₹122 Cr	3,451,000
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Nov 16 \| LT	3%	₹118 Cr	352,147
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Mar 22 \| 500034	2%	₹92 Cr	107,000

2. IDFC Tax Advantage (ELSS) Fund

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund was launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 17.9% since its launch. Ranked 3 in ELSS category. Return for 2024 was 13.1% , 2023 was 28.3% and 2022 was 4.2% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

IDFC Tax Advantage (ELSS) Fund Growth
Launch Date	26 Dec 08
NAV (13 Jun 25)	₹150.011 ↓ -0.82 (-0.54 %)
Net Assets (Cr)	₹6,806 on 30 Apr 25
Category	Equity - ELSS
AMC	IDFC Asset Management Company Limited
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.79
Sharpe Ratio	-0.15
Information Ratio	-0.27
Alpha Ratio	-2.3
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹19,672
31 May 22	₹21,836
31 May 23	₹25,226
31 May 24	₹33,143
31 May 25	₹35,231

IDFC Tax Advantage (ELSS) Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹598,181.
Net Profit of ₹298,181 Invest Now

Returns for IDFC Tax Advantage (ELSS) Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jun 25

Duration	Returns
1 Month	2.2%
3 Month	11.4%
6 Month	-1.9%
1 Year	1.8%
3 Year	19.6%
5 Year	27.1%
10 Year
15 Year
Since launch	17.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	13.1%
2023	28.3%
2022	4.2%
2021	49.2%
2020	18.7%
2019	1.9%
2018	-9.4%
2017	53.4%
2016	0.4%
2015	6.9%

Fund Manager information for IDFC Tax Advantage (ELSS) Fund

Name	Since	Tenure
Daylynn Pinto	20 Oct 16	8.62 Yr.
Ritika Behera	7 Oct 23	1.65 Yr.
Gaurav Satra	10 Jun 24	0.97 Yr.

Data below for IDFC Tax Advantage (ELSS) Fund as on 30 Apr 25

Equity Sector Allocation

Sector	Value
Financial Services	31.45%
Consumer Cyclical	9.01%
Basic Materials	8.92%
Consumer Defensive	8.49%
Energy	8.44%
Technology	8.14%
Health Care	6.97%
Industrials	5.3%
Communication Services	2.74%
Utility	1.63%
Real Estate	1.46%

Asset Allocation

Asset Class	Value
Cash	7.21%
Equity	92.79%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Sep 14 \| HDFCBANK	8%	₹549 Cr	2,850,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 18 \| RELIANCE	7%	₹464 Cr	3,300,000 ↑ 100,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 16 \| ICICIBANK	6%	₹385 Cr	2,700,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 21 \| 532215	5%	₹344 Cr	2,900,000
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Oct 21 \| TCS	4%	₹285 Cr	825,000 ↑ 125,000
Infosys Ltd (Technology) Equity, Since 31 Jul 15 \| INFY	3%	₹203 Cr	1,350,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jan 20 \| BHARTIARTL	3%	₹186 Cr	1,000,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| KOTAKBANK	3%	₹171 Cr	775,000
Maruti Suzuki India Ltd (Consumer Cyclical) Equity, Since 30 Sep 23 \| MARUTI	2%	₹135 Cr	110,000 ↑ 10,000
Jindal Steel & Power Ltd (Basic Materials) Equity, Since 31 Mar 18 \| 532286	2%	₹134 Cr	1,500,000

3. L&T Tax Advantage Fund

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.3% since its launch. Ranked 7 in ELSS category. Return for 2024 was 33% , 2023 was 28.4% and 2022 was -3% .

Below is the key information for L&T Tax Advantage Fund

L&T Tax Advantage Fund Growth
Launch Date	27 Feb 06
NAV (13 Jun 25)	₹132.74 ↓ -0.70 (-0.52 %)
Net Assets (Cr)	₹3,917 on 30 Apr 25
Category	Equity - ELSS
AMC	L&T Investment Management Ltd
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.89
Sharpe Ratio	0.13
Information Ratio	0.39
Alpha Ratio	2
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹16,072
31 May 22	₹16,614
31 May 23	₹19,190
31 May 24	₹26,811
31 May 25	₹29,875

L&T Tax Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹543,623.
Net Profit of ₹243,623 Invest Now

Returns for L&T Tax Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jun 25

Duration	Returns
1 Month	3.6%
3 Month	15%
6 Month	-5.4%
1 Year	5.8%
3 Year	24.3%
5 Year	23.7%
10 Year
15 Year
Since launch	14.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	33%
2023	28.4%
2022	-3%
2021	30.3%
2020	13.5%
2019	4.6%
2018	-8.1%
2017	42.3%
2016	8.1%
2015	2.9%

Fund Manager information for L&T Tax Advantage Fund

Name	Since	Tenure
Sonal Gupta	21 Jul 21	3.86 Yr.
Abhishek Gupta	1 Mar 24	1.25 Yr.

Data below for L&T Tax Advantage Fund as on 30 Apr 25

Equity Sector Allocation

Sector	Value
Financial Services	26.16%
Consumer Cyclical	18.76%
Industrials	16.95%
Technology	10.59%
Basic Materials	5.95%
Health Care	5.84%
Energy	4.51%
Consumer Defensive	3.35%
Utility	3.26%
Communication Services	2.22%
Real Estate	1.47%

Asset Allocation

Asset Class	Value
Cash	0.65%
Equity	99.35%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 06 \| HDFCBANK	6%	₹224 Cr	1,162,500
ICICI Bank Ltd (Financial Services) Equity, Since 30 Jun 09 \| ICICIBANK	4%	₹165 Cr	1,155,500
Reliance Industries Ltd (Energy) Equity, Since 30 Nov 21 \| RELIANCE	3%	₹134 Cr	951,812
Infosys Ltd (Technology) Equity, Since 31 Mar 06 \| INFY	3%	₹116 Cr	774,900
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Jul 22 \| LT	3%	₹101 Cr	301,450
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jan 24 \| BHARTIARTL	2%	₹87 Cr	467,000
Shriram Finance Ltd (Financial Services) Equity, Since 30 Jun 23 \| SHRIRAMFIN	2%	₹79 Cr	1,291,500
State Bank of India (Financial Services) Equity, Since 31 Jan 19 \| SBIN	2%	₹78 Cr	984,432
Eternal Ltd (Consumer Cyclical) Equity, Since 31 Oct 23 \| 543320	2%	₹73 Cr	3,150,000
Persistent Systems Ltd (Technology) Equity, Since 31 Jul 21 \| PERSISTENT	2%	₹71 Cr	133,000

4. Principal Tax Savings Fund

To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation.

Principal Tax Savings Fund is a Equity - ELSS fund was launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16% since its launch. Ranked 8 in ELSS category. Return for 2024 was 15.8% , 2023 was 24.5% and 2022 was 4.3% .

Below is the key information for Principal Tax Savings Fund

Principal Tax Savings Fund Growth
Launch Date	31 Mar 96
NAV (13 Jun 25)	₹499.253 ↓ -3.00 (-0.60 %)
Net Assets (Cr)	₹1,328 on 30 Apr 25
Category	Equity - ELSS
AMC	Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	2.26
Sharpe Ratio	0.01
Information Ratio	-0.17
Alpha Ratio	-0.25
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹16,668
31 May 22	₹18,355
31 May 23	₹20,598
31 May 24	₹26,948
31 May 25	₹29,401

Principal Tax Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹543,623.
Net Profit of ₹243,623 Invest Now

Returns for Principal Tax Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jun 25

Duration	Returns
1 Month	1.9%
3 Month	11.8%
6 Month	-1.7%
1 Year	4.6%
3 Year	19.1%
5 Year	23.1%
10 Year
15 Year
Since launch	16%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	15.8%
2023	24.5%
2022	4.3%
2021	32.1%
2020	18.9%
2019	2.5%
2018	-9.2%
2017	48.8%
2016	6.2%
2015	2.7%

Fund Manager information for Principal Tax Savings Fund

Name	Since	Tenure
Rohit Seksaria	1 Jan 22	3.41 Yr.
Bharath Subramanian	2 Jun 25	0 Yr.

Data below for Principal Tax Savings Fund as on 30 Apr 25

Equity Sector Allocation

Sector	Value
Financial Services	32.69%
Consumer Cyclical	10.72%
Industrials	10.28%
Health Care	7.63%
Consumer Defensive	7.47%
Basic Materials	6.66%
Technology	6.35%
Energy	5.8%
Communication Services	4.78%
Utility	1.91%

Asset Allocation

Asset Class	Value
Cash	5.68%
Equity	94.32%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 09 \| HDFCBANK	9%	₹124 Cr	644,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	8%	₹105 Cr	737,000
Reliance Industries Ltd (Energy) Equity, Since 31 Dec 21 \| RELIANCE	5%	₹61 Cr	434,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Sep 17 \| 532215	3%	₹43 Cr	366,000 ↑ 55,000
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Mar 13 \| LT	3%	₹42 Cr	126,000 ↓ -8,000
State Bank of India (Financial Services) Equity, Since 30 Apr 05 \| SBIN	3%	₹42 Cr	532,000
Infosys Ltd (Technology) Equity, Since 31 Jan 09 \| INFY	3%	₹41 Cr	276,000
ITC Ltd (Consumer Defensive) Equity, Since 31 Jan 23 \| ITC	3%	₹40 Cr	951,000 ↑ 372,000
UltraTech Cement Ltd (Basic Materials) Equity, Since 31 Jan 14 \| 532538	2%	₹31 Cr	27,000
Hindustan Unilever Ltd (Consumer Defensive) Equity, Since 30 Apr 20 \| HINDUNILVR	2%	₹29 Cr	125,000 ↑ 30,000

5. HDFC Long Term Advantage Fund

To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments

HDFC Long Term Advantage Fund is a Equity - ELSS fund was launched on 2 Jan 01. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 21.4% since its launch. Ranked 23 in ELSS category. .

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund Growth
Launch Date	2 Jan 01
NAV (14 Jan 22)	₹595.168 ↑ 0.28 (0.05 %)
Net Assets (Cr)	₹1,318 on 30 Nov 21
Category	Equity - ELSS
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.25
Sharpe Ratio	2.27
Information Ratio	-0.15
Alpha Ratio	1.75
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹17,522

HDFC Long Term Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Purchase not allowed

Returns for HDFC Long Term Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jun 25

Duration	Returns
1 Month	4.4%
3 Month	1.2%
6 Month	15.4%
1 Year	35.5%
3 Year	20.6%
5 Year	17.4%
10 Year
15 Year
Since launch	21.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015

Fund Manager information for HDFC Long Term Advantage Fund

Name	Since	Tenure

Data below for HDFC Long Term Advantage Fund as on 30 Nov 21

Equity Sector Allocation

Sector	Value

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

6. Invesco India Tax Plan

The investment objective of the Scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Invesco India Tax Plan is a Equity - ELSS fund was launched on 29 Dec 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.7% since its launch. Ranked 17 in ELSS category. Return for 2024 was 25.2% , 2023 was 30.9% and 2022 was -7.7% .

Below is the key information for Invesco India Tax Plan

Invesco India Tax Plan Growth
Launch Date	29 Dec 06
NAV (13 Jun 25)	₹124.87 ↓ -0.50 (-0.40 %)
Net Assets (Cr)	₹2,721 on 30 Apr 25
Category	Equity - ELSS
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.97
Sharpe Ratio	0.08
Information Ratio	0.02
Alpha Ratio	1.42
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 20	₹10,000
31 May 21	₹16,334
31 May 22	₹16,560
31 May 23	₹18,212
31 May 24	₹24,910
31 May 25	₹27,808

Invesco India Tax Plan SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 Invest Now

Returns for Invesco India Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jun 25

Duration	Returns
1 Month	3.8%
3 Month	14.3%
6 Month	-5.7%
1 Year	6.7%
3 Year	21.3%
5 Year	21.7%
10 Year
15 Year
Since launch	14.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	25.2%
2023	30.9%
2022	-7.7%
2021	32.6%
2020	19.2%
2019	9.4%
2018	-1.3%
2017	35.7%
2016	3.4%
2015	5.8%

Fund Manager information for Invesco India Tax Plan

Name	Since	Tenure
Amit Nigam	3 Sep 20	4.74 Yr.
Dhimant Kothari	29 Mar 18	7.18 Yr.

Data below for Invesco India Tax Plan as on 30 Apr 25

Equity Sector Allocation

Sector	Value
Financial Services	24.16%
Consumer Cyclical	18.07%
Industrials	15.67%
Technology	11.15%
Health Care	9.95%
Basic Materials	5.94%
Consumer Defensive	5.71%
Energy	3.41%
Communication Services	2.31%
Utility	1.79%
Real Estate	1.02%

Asset Allocation

Asset Class	Value
Cash	0.84%
Equity	99.16%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 22 \| HDFCBANK	7%	₹195 Cr	1,012,536
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| ICICIBANK	4%	₹99 Cr	693,204 ↓ -25,733
Axis Bank Ltd (Financial Services) Equity, Since 31 Dec 20 \| 532215	4%	₹95 Cr	805,531 ↓ -166,568
Infosys Ltd (Technology) Equity, Since 31 Dec 19 \| INFY	3%	₹79 Cr	529,552 ↑ 119,733
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Jan 25 \| 500034	3%	₹72 Cr	83,586 ↑ 7,032
Home First Finance Co India Ltd --- (Financial Services) Equity, Since 31 Mar 23 \| HOMEFIRST	3%	₹71 Cr	579,833 ↑ 14,285
Metro Brands Ltd (Consumer Cyclical) Equity, Since 31 Jan 24 \| 543426	3%	₹69 Cr	648,682
LTIMindtree Ltd (Technology) Equity, Since 30 Sep 24 \| LTIM	2%	₹65 Cr	142,248 ↑ 8,724
Poly Medicure Ltd (Healthcare) Equity, Since 30 Jun 24 \| POLYMED	2%	₹64 Cr	249,456
Eicher Motors Ltd (Consumer Cyclical) Equity, Since 30 Nov 23 \| EICHERMOT	2%	₹63 Cr	113,084 ↓ -4,573

Tax Savings in Equity Linked Saving Scheme

Let's check the tax benefits by comparing tax savings with and without ELSS:

Particulars	Tax Planning (ELSS)	No Tax Planning
Gross Total Income	8,00,000	8,00,000
Exemption from Taxation	1,50,000	Nil
Total Taxable Income	6,50,000	8,00,000
Tax to be Paid	32,500	62,500
Saved Amount	30,000	Nil

Hence, total amount saved by investing in ELSS is INR 30,000.

Benefits of Investing in Tax Saving Mutual Funds

Along with tax benefits, ELSS also offers you the following advantages:

Equity Returns

As ELSS is a combination of equity and tax saving, the money you invest grows as the stock market grows. So, investors can also earn returns from the equity market. Hence, ELSS is also an avenue for a long-term wealth creation.

SIP Benefits

Instead of investing a lump sum amount, investors can choose an easy path by investing monthly via a SIP. With a SIP, one can invest as low as INR 500, making it the most affordable tax-planning and investment avenue for the investors.

Shortest Lock-in Period

ELSS has lock-in period of 3 years, which is the shortest lock-in period among all other tax-saving instruments.

How to Invest in ELSS Funds Online?

Open Free Investment Account for Lifetime at Fincash.com.

Complete your Registration and KYC Process

Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.