Tax Saver Mutual Fund is not just Tax Saver.

Around April most people seeking  for tax saving option and ended up buying product like PPF or Money Back Insurance plan which might the not need at all. Better planning ahead could give you better option to save tax also get good return on your money. Equity Link Saving Schema(ELSS) is the finest way to save tax and generate handy return.

ELSS Mutual Fund investment give you tax benefit under Section 80-C of the Income Tax Act. Also ELSS funds come with locking period of 3 year which minimum of any tax saving option available in India.

ELSS Fund just not tax saver but also great option to generate good return over the period of time.
Let have look of ELSS fund return vs. PPF return.

Type	SBI Magnum Tax Gain Schema	PPF
Date of Investment	01-05-2000	01-05-2000
Investment Amount	10000	10000
Return %	Market Driven	8.8 %approx. (average of 17 years)
Risk	Moderate	Assured Return
Current Investment value	139160	31946
Total Return on Investment	1391.6%	319.6 %

Just look at the numbers, ELSS beat PPF by huge margin. With SIP option one can reduce the amount of risk in ELSS and generate better than average return. There was time when PPF come with 12% return but now it’s come down to 8.1. So investing in PPF now is not wise.
Reliance Tax Save Fund(G) is our pick from all fund.  Its high performance fund in ELSS category. One can start with minimum 500 INR SIP in ELSS fund. Investor can directly invest in Reliance MF from link: Reliance Mutual Fund.  Start your journey of Investment with Tax saving today.

Not taking risk is the biggest risk in life

Be Smart. Invest Smarty.

Best Tax Saver Fund with good Return.

When come to Tax saving one should take in count of Tax Saver fund known as ELSS (Equity Linked Savings Scheme).

ELSS fund may give you dual advantage: Tax Saving + Good Return. Also Locking period of ELSS Fund are only 3 years.

There are few very good Mutual Funds which have well past performance with 15-20 % annual return over 5 years.

Let’s check out the best option you can pick 

1. Reliance Tax Saver (ELSS) Fund.

NAV: 36.076

Asset Size (Cr):1948.85

Min Investment: 500

This Fund have massive 61% return over last year while 5year return is 20.4%. The scheme is ranked 2nd in ELSS category by Crisil.

2. Axis Long term Equity Fund (G).

NAV: 22.28

Asset Size (Cr):921.68

Min Investment: 500

This Fund have massive 50% return over last year while 3year return is 21%. The scheme is ranked 1st in ELSS category by Crisil.

3. SBI Magnum Tax Gain Scheme.

NAV: 91.018

Asset Size (Cr):4110

Min Investment: 500

This Fund have massive 41% return over last year while 3year return is 14.3%. The scheme is ranked 3rd in ELSS category by Crisil.

 Many other best options are available to invest.

SIP is best way to invest in this MF. Monthly Small contribution creates big value at long term.

Be smart. Invest Smartly.