Best tax saving mutual funds 2022
- by Investment
- 36
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 % | 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 Plan | 40% | 21.52% |
Sundaram Long Term Tax Advantage Fund | 19.88% | 11% |
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…