Best mutual funds to save tax.
ELSS funds are the only equity mutual funds that qualify for the ₹1.5L Section 80C deduction, and they carry the shortest lock-in of any 80C instrument — 3 years, versus 5 for tax-saver FDs and 15 for PPF. You save tax AND stay invested in equity.
Salaried taxpayers on the old regime looking to use their ₹1.5L 80C limit; anyone wanting equity growth with a tax break.
ELSS only — the single category with the 80C tax benefit. Ranked by 5-year return so you see who compounded best across a full lock-in cycle.
3+ years (locked)
High
The shortlist
Direct-plan funds from the ELSS category, ranked by 5-year return. Past returns don’t predict future ones — use this as a starting shortlist, not a buy list.
Next steps
- · SIP calculator — see what a monthly SIP grows to at these return rates
- · Fund overlap analyser — check two funds aren’t holding the same stocks before you buy both
- · Other investor goals — beginner, tax-saver, retirement, safety, growth, lifelong SIP
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Mutual funds in India are regulated by SEBI and managed by AMFI-registered AMCs. Fund performance, ratings, and expense ratios shown are sourced from AMFI / scheme information documents. Past performance is NOT indicative of future returns. NAV fluctuates with market conditions; capital is at risk.
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