Investing in tax saver mutual funds is a popular practice among many people. These funds not only help one save taxes but also provide excellent returns. The returns from these schemes typically range from 7% to 8%, but some of the best-performing schemes have more than tripled the investment in just three years. One unique feature of these schemes is that the invested amount is returned after three years. This means that one can enjoy tax benefits while also receiving good returns on their investment.

According to income tax regulations, an individual can deposit a maximum of Rs 1.5 lakh annually under 80C. Thus, investing in tax saver mutual funds is an excellent way to save on taxes and earn returns. If one had invested in the top 10 tax saver mutual funds three years ago, they would have received substantial returns. In fact, the top income tax saver fund has increased from Rs 1.5 lakh to over Rs 5.5 lakh in just three years. This is a significant return on investment and demonstrates the potential of these schemes. Investors can check the returns of the top 10 schemes to verify their performance.

It is important to note that past performance does not guarantee future returns. However, investing in tax saver mutual funds with a good track record can increase the likelihood of earning good returns. Tax saver mutual funds are an excellent investment option for those looking to save on taxes and earn good returns. These schemes have a track record of providing excellent returns, and the invested amount is returned after three years. By investing in the top 10 tax saver mutual funds, investors can potentially earn substantial returns and enjoy tax benefits.

Quant Tax Plan Mutual Fund scheme

The Quant Tax Plan Mutual Fund scheme has emerged as a noteworthy investment option for those who are looking to earn good returns on their investment. Over the last three years, this scheme has been consistently delivering an average annual return of 44.24%, which is certainly an impressive feat. This implies that an investment of Rs 1.50 lakh made three years ago has now grown to Rs 5.52 lakh, which is a significant increase in value. But what makes the Quant Tax Plan Mutual Fund scheme stand out from other investment options? To start with, this scheme invests in a diversified portfolio of stocks across different sectors, which helps in reducing the risk associated with investing in a single sector. This not only minimizes the risk but also provides an opportunity to earn higher returns as compared to other investment options. Moreover, the scheme follows a disciplined investment approach and has a proven track record of generating returns consistently. It is managed by a team of experienced professionals who have a deep understanding of the market and are adept at identifying promising investment opportunities. The scheme also has a low expense ratio, which means that investors can retain a larger portion of their returns. Investors who are looking to invest in the Quant Tax Plan Mutual Fund scheme can do so in a hassle-free manner through the online platform of their preferred mutual fund distributor. They can also track the performance of the scheme and make informed investment decisions based on the market trends and their personal financial goals. In conclusion, the Quant Tax Plan Mutual Fund scheme has been a top-performing investment option in the last three years. With its diversified portfolio, disciplined investment approach, and proven track record, it is an attractive investment option for those looking to earn good returns on their investment.

Bandhan Tax Advantage Mutual Fund Scheme

Bandhan Tax Advantage Mutual Fund Scheme has been performing exceptionally well in recent years, providing investors with excellent returns on their investments. Over the last three years, this scheme has been able to generate an average return of 36.35% annually, which is an impressive feat in the world of mutual funds. For those who may be unfamiliar with mutual funds, they are essentially a type of investment vehicle that pools money from multiple investors to purchase a diversified portfolio of stocks, bonds, and other securities. This approach allows investors to benefit from the expertise of professional fund managers while minimizing their risk through diversification. According to data from the mutual fund industry, Bandhan Tax Advantage Mutual Fund Scheme has been able to turn an initial investment of Rs 1.50 lakh into an impressive Rs 4.39 lakh in just three years. This is a remarkable achievement in the world of investing and underscores the potential for significant returns when investing in well-managed mutual funds. It’s worth noting that Bandhan Tax Advantage Mutual Fund Scheme is a tax-saving mutual fund, which means that investors can enjoy tax benefits while also earning good returns on their investment. Under the Indian Income Tax Act, investors can claim a deduction of up to Rs 1.5 lakh per year under Section 80C of the Income Tax Act by investing in tax-saving mutual funds. Overall, investing in a tax-saving mutual fund like Bandhan Tax Advantage Mutual Fund Scheme can be an excellent way to earn good returns while also enjoying tax benefits. With its impressive track record of generating high returns over the last three years, this scheme is worth considering for those looking to invest their money in the Indian stock market.

Parag Parikh Tax Saver Mutual Fund Scheme

The Parag Parikh Tax Saver Mutual Fund Scheme has been a popular investment option for many investors, thanks to its impressive returns over the last three years. With an average return of 30.35% every year, this scheme has outperformed many other tax-saving mutual funds in the market. This means that if you had invested Rs 1.50 lakh in this scheme three years ago, you would have seen your investment grow to Rs 3.69 lakh today. One of the reasons why this scheme has been so successful is the investment philosophy of Parag Parikh itself. The company believes in investing in high-quality businesses with strong management teams and sustainable competitive advantages. The fund managers of this scheme follow a similar approach, investing in a mix of Indian and foreign stocks of companies that meet these criteria. This approach has proven to be successful, as the scheme has consistently delivered high returns to its investors. Another factor that has contributed to the success of this scheme is its tax-saving benefits. As a tax-saving mutual fund, investors can avail tax benefits under Section 80C of the Income Tax Act. This means that investors can claim a deduction of up to Rs 1.5 lakh from their taxable income by investing in this scheme. This makes it an attractive investment option for those looking to save on their tax liabilities. In terms of performance, the scheme has delivered impressive returns across various time periods. For example, over the last five years, the scheme has delivered an average return of 23.84%. Similarly, over the last ten years, the scheme has delivered an average return of 17.02%. This shows that the scheme has a strong track record of delivering consistent returns over the long term. In conclusion, the Parag Parikh Tax Saver Mutual Fund Scheme has been a great investment option for those looking for high returns and tax-saving benefits. With its strong investment philosophy and consistent performance, this scheme is likely to continue to deliver good returns in the future as well. It is always advisable to consult a financial advisor before making any investment decision.

PGIM India ELSS Tax Saver Mutual Fund scheme

The PGIM India ELSS Tax Saver Mutual Fund scheme has been achieving impressive returns over the past 3 years. With an average return of 29.38% every year in the last 3 years, investors who have invested in this scheme have been able to enjoy significant gains. This is particularly true for those who have invested a sum of Rs 1.50 lakh as this amount has been transformed into a remarkable Rs 3.58 lakh in just 3 years. The ELSS Tax Saver Mutual Fund scheme is one of the most popular investment options in India due to its potential for high returns. This scheme offers tax benefits to investors, making it an attractive option for those looking to save on income tax. The fund invests primarily in equity and equity-related securities, which have the potential to generate high returns over the long term. This makes the scheme an ideal choice for those who are looking for an investment option that offers the potential for both capital appreciation and tax savings. Investing in ELSS Tax Saver Mutual Fund schemes requires a long-term perspective. Although the returns may be volatile in the short term, over the long term, the scheme has the potential to generate impressive gains. The PGIM India ELSS Tax Saver Mutual Fund scheme has proven this to be true, with its remarkable returns over the past 3 years. Furthermore, the fund managers of the PGIM India ELSS Tax Saver Mutual Fund scheme have a proven track record of making sound investment decisions. This is evidenced by the impressive returns generated by the scheme. Investors can, therefore, have confidence in the scheme’s ability to generate long-term gains. In conclusion, the PGIM India ELSS Tax Saver Mutual Fund scheme is an attractive investment option for those looking to generate high returns while also saving on income tax. With its impressive returns over the past 3 years and its experienced fund managers, investors can be confident in the scheme’s ability to generate long-term gains.

Mahindra Manulife ELSS Mutual Fund scheme

The Mahindra Manulife ELSS Mutual Fund scheme has been a popular investment choice for those seeking high returns in recent years. With an average return of 29.16% per year over the last 3 years, this fund has consistently outperformed many other mutual fund schemes in the market. It is a diversified equity fund that invests primarily in large-cap stocks, providing investors with a stable portfolio that is well-suited for long-term wealth creation. One of the key benefits of this fund is that it is a tax-saving mutual fund under Section 80C of the Income Tax Act. This means that investors can claim a deduction of up to Rs 1.5 lakh per year on their taxable income by investing in this scheme. Additionally, the fund has a lock-in period of 3 years, ensuring that investors stay invested for the long term and reap the benefits of compounding. Looking at the numbers, it is clear that the Mahindra Manulife ELSS Mutual Fund scheme has delivered impressive returns to its investors. A sum of Rs 1.50 lakh invested in this scheme 3 years ago would have grown to Rs 3.56 lakh today, representing a return of 137%. This is a remarkable achievement, especially considering the volatility in the stock markets over the last few years. It is also worth noting that the fund is managed by experienced professionals who have a track record of delivering consistent returns. The fund managers follow a disciplined investment approach, focusing on investing in quality stocks with strong fundamentals and good growth potential. This has helped the fund generate sustainable returns over the long term, making it an attractive investment option for those looking to create wealth over time. In conclusion, the Mahindra Manulife ELSS Mutual Fund scheme has proven to be a reliable investment option for those seeking high returns in the long term. With its impressive track record, tax-saving benefits, and experienced management team, this fund is well-suited for investors looking to build a stable portfolio that can deliver consistent returns over time.

Bank of India Tax Advantage Mutual Fund Scheme

The Bank of India Tax Advantage Mutual Fund Scheme has been a popular choice for investors seeking high returns for the past three years. According to recent data, this scheme has delivered impressive average returns of 29.12% per year, making it a top performer in the mutual fund industry. In fact, over the last three years, the scheme has turned an initial investment of Rs 1.50 lakh into an impressive Rs 3.55 lakh. So, what makes this scheme a standout performer? One key factor is its focus on tax savings. The Bank of India Tax Advantage Mutual Fund Scheme is a tax-saving mutual fund that allows investors to take advantage of tax benefits under Section 80C of the Income Tax Act. This means that investors can claim a deduction of up to Rs 1.5 lakh from their taxable income, reducing their tax liability in the process. Another factor contributing to the scheme’s success is its investment strategy. The scheme invests primarily in equity and equity-related securities, with a focus on companies with strong growth potential. This approach has allowed the scheme to capitalize on the growth potential of the Indian stock market, leading to impressive returns for investors. It’s worth noting that mutual funds are subject to market risks and past performance is not a guarantee of future returns. However, the Bank of India Tax Advantage Mutual Fund Scheme has demonstrated consistent performance over the past three years, making it a compelling investment choice for those seeking high returns and tax savings. Overall, the Bank of India Tax Advantage Mutual Fund Scheme has proven to be an excellent investment opportunity for those looking to grow their wealth while minimizing their tax liability. With its impressive track record and sound investment strategy, this scheme is definitely worth considering for investors looking to diversify their portfolio and maximize their returns.

Bank of India Tax Saver Mutual Fund Scheme

The Bank of India Tax Saver Mutual Fund Scheme has been a popular investment option for those seeking good returns in the long-term. This particular fund has been performing remarkably well over the past three years, with an average return of 28.97% per year. This is a testament to the fund’s ability to generate consistent returns, even in volatile market conditions. One of the main benefits of investing in a tax saver mutual fund scheme is the tax benefits that come along with it. As per the Income Tax Act, investors can claim a tax deduction of up to Rs. 1.5 lakhs on their investment in this scheme. This makes it an ideal choice for investors who want to save taxes while earning decent returns on their investment. Another factor that makes this fund attractive is its diversified portfolio. The fund invests in a mix of equity and debt instruments, which helps to reduce the overall risk of the portfolio. Additionally, the fund managers diversify the portfolio across different sectors and industries, which further minimizes the risk. The performance of this scheme can be seen in the returns it has generated over the past three years. A sum of Rs. 1.5 lakhs invested in this scheme three years ago would have grown to Rs. 3.54 lakhs today. This is a remarkable return on investment, especially considering the moderate risk profile of the fund. It is worth noting that mutual fund investments are subject to market risks. Past performance is not a guarantee of future returns. However, investors can take comfort in the fact that the Bank of India Tax Saver Mutual Fund Scheme has a proven track record of generating consistent returns over the long-term. It is always advisable to consult a financial advisor before making any investment decisions.

Franklin India TaxShield Mutual Fund Scheme

The Franklin India TaxShield Mutual Fund Scheme has been consistently yielding significant returns for the past three years. With an average return of 28.73% per annum, this scheme has proven to be a lucrative investment opportunity for those seeking long-term capital appreciation. In just three years, an investment of Rs 1.50 lakh has grown to a staggering Rs 3.52 lakh, underscoring the effectiveness of this fund. It is worthwhile to note that the Franklin India TaxShield Mutual Fund Scheme is a tax-saving mutual fund, which means that investors can avail tax deductions under Section 80C of the Income Tax Act, 1961. As such, this fund serves as an ideal investment option for those who wish to save on taxes while also seeking substantial returns. One of the factors that contribute to the success of this scheme is its diversified investment portfolio, which includes stocks of companies across various sectors and market capitalizations. This diversification helps mitigate risk and ensures that the fund is well-positioned to capitalize on emerging trends and opportunities. Additionally, the fund managers of the Franklin India TaxShield Mutual Fund Scheme are experts in their field, possessing a vast knowledge of the financial markets and a deep understanding of the Indian economy. They employ a disciplined investment approach, regularly monitoring and adjusting the portfolio to optimize returns and minimize risks. Investing in the Franklin India TaxShield Mutual Fund Scheme is a smart financial decision, given its impressive track record and potential for growth. It is essential to note, however, that investing in mutual funds carries risks and one should carefully evaluate their financial goals and risk appetite before making any investments. It is always advisable to consult a financial advisor to make informed investment decisions.

Mirae Asset Tax Saver Mutual Fund Scheme

Mirae Asset Tax Saver Mutual Fund Scheme has emerged as a popular investment option for investors looking for high returns with minimal risk. The fund has delivered outstanding performance over the last three years, with an average return of 28.73% per annum. This is a remarkable achievement in the mutual fund industry, which is known for its unpredictable nature. Investors who have invested in the scheme have reaped the benefits of the fund’s consistent performance. The fund has generated significant wealth for investors, with an investment of Rs 1.50 lakh turning into Rs 3.51 lakh in just three years. This is a testament to the fund’s investment strategy and management team, who have successfully navigated the market volatility and generated alpha for their investors. The Mirae Asset Tax Saver Mutual Fund Scheme is a tax-saving scheme, which means that investors can claim tax benefits under Section 80C of the Income Tax Act, 1961. This makes it an attractive investment option for investors who are looking to save tax while also generating high returns. The fund invests in a diversified portfolio of stocks across different sectors, which helps to mitigate the risk of concentration in any particular sector. The fund has a bias towards large-cap stocks, which are known for their stability and steady growth. The fund’s investment philosophy is based on a bottom-up approach, which means that the fund managers focus on the fundamentals of individual companies before making investment decisions. Another factor that has contributed to the fund’s success is its low expense ratio. The fund has one of the lowest expense ratios in the industry, which means that investors get to keep a higher percentage of their returns. This is a significant advantage, as high expense ratios can eat into the fund’s returns over the long term. In conclusion, the Mirae Asset Tax Saver Mutual Fund Scheme is a top-performing mutual fund scheme that has delivered consistent returns over the last three years. The fund’s investment strategy, management team, diversified portfolio, and low expense ratio have all contributed to its success. This fund is an excellent investment option for investors who are looking for high returns with minimal risk and tax-saving benefits.

HDFC Taxsaver Mutual Fund scheme

HDFC Taxsaver Mutual Fund scheme has been one of the top-performing funds in the market, delivering remarkable returns consistently over the past three years. With an average return of 28.63% every year in the last three years, this fund has not only outperformed its peers but has also managed to beat the benchmark index. The HDFC Taxsaver Mutual Fund scheme is an Equity-Linked Saving Scheme (ELSS) that invests predominantly in equity and equity-related securities. This means that the fund is inherently high-risk but can also deliver high returns in the long run. The scheme has a well-diversified portfolio, with investments spread across various sectors and industries. If we look at the fund’s performance over the last three years, investors who had invested Rs 1.50 lakh in the scheme three years ago would have seen their investment grow to Rs 3.50 lakh today. This implies a gain of Rs 2 lakh in just three years, which is a remarkable return on investment. Investors who are looking to invest in tax-saving mutual funds should consider HDFC Taxsaver as an option. It not only provides tax benefits under Section 80C of the Income Tax Act but also has the potential to deliver higher returns than traditional investment avenues such as fixed deposits and public provident fund. It is important to note that mutual funds are subject to market risks, and past performance may not be indicative of future returns. Hence, investors should do their due diligence before investing and consult with their financial advisors before making any investment decisions. Overall, HDFC Taxsaver Mutual Fund Scheme is a reliable option for investors looking for high returns in the long run.

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as tax advice. The tax savings and returns mentioned in this article are based on past performance and there is no guarantee of future results. Please consult a qualified tax professional before making any investment decisions. The author and the publication are not responsible for any investment decisions made based on the information provided in this article.