Best tax saving mutual funds 2022

Mutual fund investments have become very popular these days. Tax saving mutual funds are just like any other mutual funds with an added tax-saving benefit. These are under tax benefits under section 80C.
Below are tax saving mutual funds of 2022 –

Fund Name3 Year ReturnAll time return
IDFC Tax Advantage ELSS Fund 24.4 %17.7%
ICICI Prudential Long Term Equity Fund Tax Saving 18.6%15.4%
Bank of India Tax Advantage Fund 24.5%17.4%
Nippon India Tax Saver ELSS Fund 15.7%13.3%
Quant Tax Plan Growth Option Direct Plan40%21.52%
Sundaram Long Term Tax Advantage Fund 19.88%11%
These data are till date 25 Oct 2022

Benefits of Tax Saving Mutual Funds
Tax saving mutual funds has lots of benefits for the investors.

  • These types of investments funds are eligible for tax benefits of up to Rs.1.5 lakh.

  • Investments can be made in these schemes as a means to plan for future expenses.

  • If you not withdraw your investment, it will continue to grow and turn good amount for future.

  • Long-term investment gains under these schemes are not taxable.

You can invest in mutual funds with any platforms.
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Mutual fund investments have become very popular these days. Tax saving mutual funds are just like any other mutual funds with an added tax-saving benefit. These are under tax benefits under section 80C.Below are tax saving mutual funds of 2022 – Fund Name 3 Year Return All time return IDFC Tax Advantage ELSS Fund 24.4…

Mutual fund investments have become very popular these days. Tax saving mutual funds are just like any other mutual funds with an added tax-saving benefit. These are under tax benefits under section 80C.Below are tax saving mutual funds of 2022 – Fund Name 3 Year Return All time return IDFC Tax Advantage ELSS Fund 24.4…