Equity Linked Savings Schemes
Don't make sub-optimal decisions for tax-saving investments
ELSSs are unique in being the only viable tax-saving investment within Rs 1.5 lakh limit
Pay Less Tax with Your Investments
There are a wide range of investments that allow you to reduce your tax liability
Tax Savings Alternatives
There are a variety of tax savings options available to investors. Here's an overview
Saving tax through Mutual Funds
By most measures, Equity-Linked Savings Schemes are better tax-saving choice
ELSS to Build Wealth
It's the equity element that gives ELSS it's unique wealth-creation abilities
Which is better: ELSS or ULIP?
ELSSs have predictable costs, easily understandable returns and are transparent about how the fund operates and what it invests in
Is ELSS suitable for senior citizens?
The idea that equity is risky and therefore suitable only for young people actually pushes many old, retired people towards financial problems
The Promise of ELSS Funds
The combination of equity and tax-saving makes ELSS funds an ideal investment for all types of investors
Tax Helpline
How are SWPs taxed?
Mutual fund withdrawals are subject to tax depending on the category of the funds...
Can I open another NPS account?
If you are looking to claim a tax deduction under Section 80C of the Income Tax Act, you can consider investing in Equity Linked Savings Schemes (ELSSs)...
Can I claim a tax deduction on premiums for my son?
A tax payer can claim a tax deduction on premiums paid for a life insurance cover for himself, spouse and children...
Can I claim deduction on my fixed deposit of 5 years?
Tax-saving fixed deposits have a lock-in period of five years and they qualify for a tax deduction of up to Rs 1.5 lakh under Section 80C...
How much tax will I have to pay?
There is no surrender penalty from the 6th policy year, irrespective of the number of years the premiums have been paid...
Should I shift from balanced fund to ULIP?
If your research is correct, your new investment advisor is trying to sell you a Unit Linked Insurance Plan (ULIP)...

Top Rated Tax Planning Funds
Show Direct Plans

Fund Rating Launch 3-Years
Return (%)
Return (%)
Return (%)
Ratio (%)
Net Assets (Cr)
Aditya Birla Sun Life Tax Plan | Invest Online Feb-1999 14.43 21.44 11.89 2.56 692
Aditya Birla Sun Life Tax Relief 96 | Invest Online Mar-1996 15.00 22.21 11.02 2.32 4,759
Aditya Birla Sun Life Tax Savings Fund | Invest Online Mar-2004 14.66 19.00 10.19 2.70 28
Axis Long Term Equity Fund Dec-2009 12.44 24.06 - 1.97 16,108
DSP BlackRock Tax Saver Fund | Start SIP Now Jan-2007 14.91 20.73 13.08 2.50 3,834
Escorts Tax Plan Apr-2000 17.33 20.48 5.38 - 8
IDFC Tax Advantage (ELSS) Fund - Regular Plan | Invest Online Dec-2008 16.69 21.87 - 2.31 897
L&T Tax Advantage Fund | Invest Online Feb-2006 16.02 20.09 14.22 2.06 2,927
Tata India Tax Savings Fund Mar-1996 16.98 21.66 12.87 2.40 1,092

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