Best Tax Saving Funds

Here are some tax saving funds aka ELSS funds that you might want to consider investing.. Just a reminder, best way to invest is through SIPs throughout the year and not just last minute shopping to save tax..

1. Principal Personal Tax Saver
One of the top performing funds of last 3 years. Worth a place in your portfolio.

2. ICICI Prudential Tax Plan
Very aggressive, and hence falls in the category of high risk high return funds. Got an ability to give really good returns, however considering the volatility in the market, you might want to keep your exposure low in this fund.

3. SBI Magnum Tax Gain
Was very aggressive till 2006, however, after that it has increased its exposure in large caps to reduce the risk. That makes this fund all the more better.

4. HDFC Tax Saver
Year after year it has proved its worth. Definitely worth a place in your tax saving portfolio


For a comparison of returns click here