Looking for the best tax-saving mutual funds to invest in? Here are top 5 options
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Tax-Saving Funds
With the tax-saving season around the corner, investors are looking for the best ELSS mutual funds to invest in. Here are the top 5 performers (Source: MF Screener):
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SBI Long Term Equity Fund
This oldest ELSS fund offered a return of around 24.80% over the last three years. The scheme had an AUM of ₹25,723 crore as of February 28, 2025.
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Motilal Oswal ELSS Tax Saver Fund
This ELSS fund offered a return of around 24.21% over the last three years. The scheme had an AUM of ₹3,405 crore as of February 28, 2025.
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HDFC ELSS Tax Saver Fund
This ELSS fund offered a return of around 22.47% over the last three years. The scheme had an AUM of ₹14,671 crore as of February 28, 2025.
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ITI ELSS Tax Saver Fund
This ELSS fund offered a return of around 20.83% over the last three years. The scheme had an AUM of ₹343 crore as of February 28, 2025.
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DSP ELSS Tax Saver Fund
This ELSS fund offered a return of around 19.42% over the last three years. The scheme had an AUM of ₹14,981 crore as of February 28, 2025.