|Mutual funds are popular investment options for individuals and investors. They are a great way to save taxes and invest in various instruments.|
|IDFC Tax Advantage (ELSS) Fund Growth|
|Tata India Tax Savings Fund Growth|
|L&T Tax Advantage Fund Growth|
|Aditya Birla Sun Life Tax Relief 96 Fund Growth|
|Aditya Birla Sun Life Tax Plan-Growth|
|DSP BlackRock Tax Saver Fund Growth|
|Axis Long Term Equity Fund Growth|
|Kotak Tax Saver Fund Growth|
|Invesco India Tax Plan Fund Growth|
|HDFC TaxSaver Fund|
|A tax-saving mutual fund is a type of investment that helps you save tax money on your investments and have fun with them. This kind of mutual fund scheme will help you get back ‘losses’, also called dividends, by deducting the loss amount from your taxable income as part of your Income Tax return at the end of the financial year.|
Investing in such funds is a better option than investing independently. At the same time, it keeps most of the transactions and gains tax-free.
The best advice would be to consult with a Certified Financial Planner or an investment advisor before deciding on what option is better for you.