Which tax Saver Fund is best?
Table of Contents
Which tax Saver Fund is best?
Top 10 Tax Saving Mutual Funds in India
| Funds | 1-Year Returns (\%) | 3-Year Returns |
|---|---|---|
| Aditya Birla Sun Life Tax Relief 96 Fund Growth | 19.3 | 12.1 |
| Aditya Birla Sun Life Tax Plan Growth | 18.9 | 11.6 |
| DSP BlackRock Tax Saver Fund Growth | 9 | 11.4 |
| Axis Long Term Equity Fund Growth | 18.1 | 9.3 |
What fund has the highest return?
Best-performing U.S. equity mutual funds
| Fund | Symbol | 3-year return |
|---|---|---|
| Fidelity Series Growth Company | FCGSX | 31.19\% |
| Fidelity Series Blue Chip Growth | FSBDX | 30.45\% |
| American Century Focused Dynamic Gr Inv | ACFOX | 30.08\% |
| Fidelity Growth Company K | FGCKX | 29.95\% |
Is Quant tax plan is good?
Quant Tax Plan (Growth) is a good choice within tax saving mutual funds. Scripbox recommends other funds for investment in tax saving. Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Is Mirae Asset Tax Saver Fund good?
Hence, an investor must understand that their principal amount of investment will be at very high risk. Since its inception, Mirae Asset Taxsaver Fund-Growth has delivered a return of 20.60\%….Mirae Asset Tax Saver Fund- Growth Scheme Details.
| 1 Year Return | 66.40\% |
|---|---|
| 3 Years Return | 20.50\% |
| 5 Years Return | 21\% |
How is Mirae Asset Tax Saver Fund?
Pros and Cons of Mirae Asset Tax Saver Fund The expense ratio of Mirae Asset Tax Saver Fund is as low as 0.64\%, and it comes with nil exit load. The one-year and three-year returns are higher than that of the category average returns. However, the risk-adjusted returns are lower than the category.
When can I redeem Mirae Asset Tax Saver Fund?
3 years
Equity Linked Savings Schemes (ELSS) have lock-in period of 3 years, i.e. you cannot redeem your ELSS units before 3 years from the date of purchase. If you are investing in ELSS through Systematic Investment Plan (SIP), each instalment will be locked in for 3 years from their respective investment dates.
What is Aditya Birla Sun Life tax relief 96?
Aditya Birla Sun Life Tax Relief ’96 is an equity linked saving scheme which can help you build wealth over long term along with saving tax for you under section 80C of the Income Tax Act, 1961. It primarily invests in equities and comes along with a 3-year mandatory lock-in period.
Who is the investment manager of Aditya Birla Sun Life mutual fund?
Aditya Birla Sun Life AMC Limited is the investment manager of Aditya Birla Sun Life Mutual Fund. The Sponsors of Aditya Birla Sun Life Mutual Fund are Aditya Birla Capital Limited, a part of the Aditya Birla Group, which is a premier conglomerate of businesses in India and Sun Life (India) AMC Investments Inc.
What is tax relief 96 direct-growth ELSS fund?
Aditya Birla Sun Life Tax Relief 96 Direct-Growth is a ELSS mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 8 yrs 6 m, having been launched on 01/01/2013.
What is the valuedsp Blackrock tax Saver fund?
DSP BlackRock Tax Saver Fund is a part of DSP BlackRock Mutual Fund. This scheme is an open-ended tax savings scheme and was launched in the year since 2007. The investment objective of the scheme is to ensure Capital growth in the long-term from a portfolio that predominantly consists of equity and equity-related instruments of various companies.