3 Best Tax Saving Mutual Fund ELSS Schemes Rated No 1 By Crisil To Invest For Tax Savings
The Equity Linked Savings Schemes ( ELSS are 4 tax savings ELSS schemes that are rated No 1 by Crisil to consider for tax savings purposes.
When we say best ELSS, it is largely based n Crisil ratings and not our own assessment.
The Parag Parikh Tax Saver Fund has given an annualized returns of 21% over the last 3- years.
fund has invested in some good quality bluechip stocks, including the likes of Housing Development Finance Corporation, Bajaj Holdings, Axis Bank, ICICI Bank, ITC, HCL Technologies etc.
A sum invested upto sum of Rs 1.5 lakhs, qualifies for exemption under Sec 80 C of the Income Tax Act.
Quant Tax Plan
Quant Tax Plan.
There are good quality stocks in the portfolio of the company including names like State Bank of India, ITC, Ambuja Cements, Reliance and Adani Ports.
A majority of the holdings of is in largecap stocks, which comprise 63% of the holdings.
IDFC Tax Advantage Fund
IDFC Tax Advantage Fund is a tax savings fund, which offers you some break.
The 3- year returns from the fund has been 21% on an annualized basis IDFC Tax Advantage Fund. The fund size is around Rs 4000 crores.
Some of the stocks in the portfolio of include names like ICICI Bank, State Bank of India, Infosys, HDFC Bank and Reliance Industries among others.
A few things to note
A a fund does not guarantee similar returns and markets are dynamic and hence investors should note that fund schemes.
track record of the.
By Sunil Fernandes Goodreturns source: goodreturns.in Dailyhunt