Top 8 Tax Saving Mutual Funds With Highest SIP Returns in 3 Years till Oct 5

Top 8 Tax Saving Mutual Funds With Highest SIP Returns in 3 Years till Oct 5

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Direct plans of several tax saving mutual funds have given high annualised returns to investors in 3 years. Here’s a look at top 8 such schemes.

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 October 5, 2023.

Quant Tax Plan: The direct plan of this scheme has given 35.31% annualised returns in 3 years.

Source: AMFI website data as on October 5, 2023.

Bandhan Tax Advantage (ELSS) Fund: The direct plan of this scheme has given 31.13% annualised returns in 3 years.

Source: AMFI website data as on October 5, 2023.

Franklin India Taxshield Fund: The direct plan of this scheme has given 28.65% annualised returns in 3 years.

Source: AMFI website data as on October 5, 2023.

HDFC Taxsaver Fund: The direct plan of this scheme has given 27.99% annualised returns in 3 years.

Source: AMFI website data as on October 5, 2023.

Nippon India Tax Saver (ELSS) Fund: The direct plan of this scheme has given 27.77% annualised returns in 3 years.

Source: AMFI website data as on October 5, 2023.

Mahindra Manulife ELSS Fund: The direct plan of this scheme has given 27.56% annualised returns in 3 years.

Source: AMFI website data as on October 5, 2023.

SBI Long Term Equity Fund: The direct plan of this scheme has given 27.46% annualised returns in 3 years.

Source: AMFI website data as on October 5, 2023.

Motilal Oswal Long Term Equity Fund: The direct plan of this scheme has given 26.96% annualised returns in 3 years.

Next: Top SBI SIP schemes with over 32% returns in 3 years till October 5

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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