Saturday 4 February 2017

Top Tax Saving Mutual Funds

Investments in tax saving schemes of mutual funds (also known as equity linked saving scheme) is one of the best Tax Savings scheme because returns are good and also tax free, moreover locking period is also 3 years only.

But the main worry that comes in the way is in which scheme to invest. So keeping in mind the need of the investors, we are providing the list of top tax savings mutual funds.... hope this comparative study will help you :

Mutual Fund Scheme
Crisil Rank
1yr
2yr
3yr
5yr
HDFC Tax Saver - Direct (G)
Not Ranked
37.2
5.2
23.5
--
HDFC Tax Saver (G) 
Rank 4
36.3
4.6
22.8
15.7
Mirae Asset Tax Saver Fund - DP (G)
Not Ranked
37.7
--
--
--
DSP-BRTax Saver Fund -Direct (G)
Not Ranked
34.0
11.4
27.6
--
DSP-BRTax Saver Fund (G) 
Rank 1
32.9
10.6
26.8
20.5
Motilal MOSt Long Term Fund -RP (G) 
Not Ranked
35.8
16.6
--
--
SBI Tax Advantage Sr-2 (G) 
Not Ranked
37.7
12.1
30.8
--
Sundaram LT Tax Advantage- Sr-I - DP (G)
Not Ranked
36.4
--
--
--
DSP-BRTax Saver Fund (G) 
Rank 1
32.9
10.6
26.8
20.5
Sundaram LT Tax Advantage- Sr-I - RP (G)
Not Ranked
35.9
--
--
--
HDFC Long Term Advant. - Direct (G)
Not Ranked
32.1
7.6
21.7
--
HDFC Long Term Advantage (G)
Rank 3
31.2
6.9
21.0
16.6
Escorts Tax Plan (G)
Not Ranked
30.5
14.4
33.2
15.0
Escorts Tax Plan - Direct (G)
Not Ranked
30.4
13.3
32.0
--
SBI Long Term Advantage-Sr2-DP (G)
Not Ranked
33.4
--
--
--
SBI Long Term Advantage-Sr2-RP (G)
Not Ranked
33.3
--
--
--
HSBC Tax Saver Equity -Direct (G)
Not Ranked
29.6
5.8
23.6
--
Kotak Tax Saver - Direct (G)
Not Ranked
31.6
7.1
27.0
--
Principal Tax Savings – Direct
Not Ranked
32.4
7.5
24.3
--
L&T Long Term Adv. Fund - I (G)
Not Ranked
31.2
10.3
24.5
17.6
L&T Tax Saver Fund (G) 
Not Ranked
31.8
10.4
25.0
17.1
Principal Tax Savings
Rank 3
31.8
7.0
23.7
19.7
HSBC Tax Saver Equity Fund (G)
Not Ranked
28.7
5.1
22.7
17.8
Sundaram Tax Saver -Direct (G)
Not Ranked
31.5
7.8
24.1
--
Sundaram Tax Saver (G)
Rank 3
31.1
7.5
23.7
16.0
Quantum Tax Saving Fund (G)
Not Ranked
29.3
9.9
21.9
16.5
Kotak Tax Saver – Regular (G)
Rank 2
29.6
5.5
25.5
15.8
L&T Tax Advantage -Direct (G)
Not Ranked
29.9
8.2
23.7
--
Reliance Tax Saver(ELSS)-Direct (G)
Not Ranked
29.6
3.5
30.6
--
L&T Tax Advantage (G)
Rank 2
29.0
7.5
23.0
16.1
JM Tax Gain Fund -Direct (G)
Not Ranked
28.0
6.3
26.3
--
ICICI Pru RIGHT Fund (G) 
Not Ranked
26.0
5.2
25.5
22.1
SBI Long Term Advantage-Sr1-DP (G)
Not Ranked
29.0
--
--
--
Reliance Tax Saver (ELSS) (G)
Rank 3
28.5
2.8
29.6
20.6
SBI Long Term Advantage-Sr1-RP (G)
Not Ranked
28.9
--
--
--
IDFC Tax Saver Fund (G) 
Not Ranked
25.2
0.6
15.4
13.6
IDFC Tax Adv. (ELSS) -Direct (G)
Not Ranked
23.8
6.5
23.2
--
Baroda Pioneer ELSS 96 - Plan B Dir (Bo)
Not Ranked
23.8
3.5
--
--
Baroda Pioneer ELSS 96 - Plan B Dir (G)
Not Ranked
23.8
--
--
--
Tata Infra Tax Saving Fund (G) 
Not Ranked
25.9
2.6
23.5
10.5
JM Tax Gain Fund (G)
Not Ranked
25.1
4.2
24.3
15.7
Baroda Pioneer ELSS 96 - Plan-A (G)
Not Ranked
22.9
--
--
--
Baroda Pioneer ELSS 96 - Plan-A (Bonus)
Not Ranked
22.9
2.6
19.9
--
DHFL Pramerica Tax Plan -Direct (G)
Not Ranked
22.8
6.0
21.6
--
IDFC Tax Advantage (ELSS)-RP (G)
Rank 4
22.5
5.3
21.6
18.0
LIC Tax Plan - Direct (G)
Not Ranked
24.6
2.4
20.2
--
Taurus Tax Shield - Direct (G)
Not Ranked
24.8
5.2
19.2
--
Tata India Tax Savings Fund - Direct (G)
Not Ranked
24.6
10.5
--
--
UTI Master Equity Plan (US) 
Not Ranked
24.4
4.7
19.6
14.5
ICICI Pru Long Term Equity-Tax Svng-DP-G
Not Ranked
21.7
5.6
23.4
--
Franklin (I) Tax Shield -Direct (G)
Not Ranked
21.7
6.3
25.1
--
LIC Tax Plan (G)
Not Ranked
23.6
1.8
19.3
14.2
DHFL Pramerica Tax Plan (G)
Not Ranked
21.1
4.5
20.4
15.1
SBI Tax Advantage Sr-3- Direct (G)
Not Ranked
24.8
9.6
--
--
SBI Tax Advantage Sr-1 (G) 
Not Ranked
24.5
8.0
27.0
20.1
Tata India Tax Savings Fund - Reg (G)
Not Ranked
23.5
9.5
--
--
SBI Tax Advantage Sr-3- Regular (G)
Not Ranked
24.7
9.4
--
--
Taurus Tax Shield (G)
Not Ranked
23.3
3.8
18.1
12.3
Principal Personal Tax Saver
Rank 3
23.2
3.5
19.1
14.6
Sahara Taxgain - Direct (G)
Not Ranked
23.7
3.1
17.3
--
UTI LTEF (Tax Saving) - Direct (G)
Not Ranked
23.1
4.6
20.1
--
Franklin India Tax Shield (G) 
Rank 3
20.5
5.3
24.0
17.6
ICICI Pru Long Term Equity (Tax Svng)-G 
Rank 3
20.1
4.4
22.1
17.7
Invesco India Tax Plan - DP (G)
Not Ranked
22.1
7.1
25.5
--
Birla SL Tax Relief 96-Direct (G)
Not Ranked
19.9
6.1
26.1
--
UTI Long Term Advantage (G) 
Not Ranked
22.4
3.5
19.3
13.6
UTI Long Term Advantage S2 (G) 
Not Ranked
22.4
3.5
19.4
14.4
Sahara Taxgain (G)
Not Ranked
22.5
2.1
16.5
12.9
Birla Sun Life Tax Plan-Direct (G)
Not Ranked
19.3
5.7
25.4
--
UTI LTEF (Tax Saving) (G)
Rank 3
21.8
3.6
19.1
14.4
Birla SL Tax Savings -Direct (G)
Not Ranked
19.2
5.0
23.2
--
Birla SL Tax Savings (G)
Not Ranked
19.2
5.0
22.9
14.8
BOI AXA Tax Advtg -Eco (G)
Not Ranked
19.1
3.2
18.9
15.0
SBI Magnum Tax Gain - Direct (G)
Not Ranked
21.5
3.3
21.0
--
Can Robeco Eqty TaxSaver-Direct (G)
Not Ranked
18.9
1.6
18.9
--
Birla SL Tax Relief 96 (G) 
Rank 2
18.8
5.3
25.1
19.3
Edelweiss ELSS Fund - Direct (G)
Not Ranked
18.6
4.2
20.1
--
SBI Magnum Tax Gain (G) 
Rank 4
20.8
2.7
20.3
16.3
BOI AXA Tax Advtg -RP (G)
Not Ranked
18.3
2.4
18.1
14.3
Can Robeco Eqty TaxSaver (G)
Rank 5
18.2
1.0
18.3
14.1
Invesco India Tax Plan (G) 
Rank 3
20.0
5.3
23.5
18.2
Birla Sun Life Tax Plan (G) 
Rank 2
18.0
4.6
24.1
18.5
Edelweiss ELSS Fund (G) 
Not Ranked
17.6
3.5
19.4
15.7
BOI AXA Tax Advantage - Direct (G)
Not Ranked
20.1
4.1
19.8
--
Reliance ELSF - Series 1 (G) 
Not Ranked
19.6
-0.6
18.5
15.1
Edelweiss Tax Advantage -Direct (G)
Not Ranked
16.1
2.9
20.5
--
Invesco India AGILE Tax (G) 
Not Ranked
17.0
1.6
7.4
8.3
IDBI Equity Advantage -Direct (G)
Not Ranked
15.2
2.2
26.1
--
Edelweiss Tax Advantage (G)
Not Ranked
15.1
1.6
19.1
13.4
IDBI Equity Advantage - Reg (G)
Not Ranked
14.1
1.4
25.1
--
BNP Paribas Long Term Equity-DP (G)
Not Ranked
14.0
2.2
21.5
--
Axis Long Term Equity - Direct (G)
Not Ranked
13.6
4.6
26.4
--
BNP Paribas Long Term Equity (G)
Rank 5
13.1
1.5
20.8
16.9
Axis Long Term Equity Fund (G)
Rank 4
12.4
3.5
24.8
21.4
Union KBC Tax Saver - Direct (G)
Not Ranked
14.5
-1.2
15.6
--
Union KBC Tax Saver Scheme (G)
Not Ranked
13.1
-2.1
14.8
13.3
Tata Tax Advantage Fund-1(G) 
Not Ranked
-10.8
17.2
15.7
11.6

 @source money control


Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)