5 Best-Performing Tax Saving Mutual Funds in 1 Year

5 Best-Performing Tax Saving Mutual Funds in 1 Year

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Direct plans of as many as 5 tax-saving ELSS funds have given over 20% returns in year. Let’s have a look.

Please note this exercise is for informational purposes only. It is not intended to recommend any of the funds mentioned here for investment.

Source: AMFI website data as on November 13, 2023.

Motilal Oswal ELSS Tax Saver Fund: The direct plan of this scheme has given 26.54% returns in 1 year.

Source: AMFI website data as on November 13, 2023.

SBI Long Term Equity Fund: The direct plan of this scheme has given 24.43% returns in 1 year.

Source: AMFI website data as on November 13, 2023.

ITI ELSS Tax Saver Fund: The direct plan of this scheme has given 22.77% returns in 1 year.

Source: AMFI website data as on November 13, 2023.

JM ELSS Tax Saver Fund: The direct plan of this scheme has given 20.53% returns in 1 year.

Source: AMFI website data as on November 13, 2023.

Bank of India Tax Advantage Fund: The direct plan of this scheme has given 20.83% returns in 1 year.

Next: 9 Best Small Cap Mutual Funds in 1 Year (Return-Wise)

Disclaimer: This story is for informational purposes only. Mutual Fund investments are subject to market risks. Please consult your financial advisor before investing.

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