[Mutual Fund Monday] Best Tax Saving Mutual Fund!

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This Article has been brought to you by   Best Tax Saving Funds   Synopsis: Tax Saving Funds offer Tax Deduction up to 1 lakh Axis Long Term Equity Fund has outperformed its peers IDFC Tax Advantage Fund suits slightly aggresive investors New Investors should choose funds with consistent ROI With the tax season on, it may be time for you to scout for tax-saving funds to benefit from tax deductions up to Rs 1 lakh under Section 80C of the Income Tax Act. Franklin India Taxshield, Religare Invesco Tax Plan, Canara Robeco Equity Tax Saverand ICICI Pru Tax Plan have been our select list of funds in the tax-saving category. These are well-established funds and have developed a consistent track record of performance, although they may not always turn out to be chart busters. But there have been other funds in this category that have been conspicuous in the performance chart in recent times, although they do not have a very long track record. We take a look at 3 of these funds that have hogged the limelight. Click here to read more Click Here to Read More About Mutual Funds   You may also like: 7 Income Tax Saving Options for Salaried Individuals Mutual Fund Dividend Tax

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