Tax Saving Mutual Fund(MF)

What are the Tax saving Mutual Fund, what is the Tax saving  Mf, What is risky or Bad About MF, What is The Income Tax Benefit for MF, What are Advantages of Tax saver MF, What are the Current Mf Schemes to Invest in 2019?

Tax Saving Mutual Fund

What is Tax saver Mutual Fund:-

tax saving mutual fund also called the Equity Linked Savings Scheme (ELSS), is a mutual fund scheme that invests in equity & equity-related securities.

How do Tax Saving Mutual Funds work? 

 When it comes to an investor, he/she invests money in a mutual fund, so, the invested capital is added to the pool or called a portfolio. The portfolio corpus of the fund is then invested in the equity market in such a balanced way that even if one investment incurs losses, the other investment manages to mitigate the loss

Are mutual funds safe?

Being very lucrative as it has the magnetic effect of attracting many investors as much as possible. Though the mutual fund is considered as a safe way of investing for a return, the underlying fact is that none of the mutual funds are safe through all mutual funds are safe

Does mutual fund come under 80c?

Contribution towards pension funds is under a Sub Section of 80CCC which is also a part of the 80C Rs. 1.5 lakh limit. There are certain mutual funds that have a lock-in for three years and are formed with a basic objective of tax saving. … Although all mutual funds don’t provide 80C deduction.

Which mutual funds are tax-free?

If it is come about to invest in Mutual Funds for tax availing benefits, Equity Linked Saving Schemes (ELSS) can be the way to go for it. 

ELSS funds are well-known among the  Investors for the tax-saving benefits they offer. Even You can Immediately enjoy benefits on investments if you make investment eligible for section 80c for up to INR 1.5 lakh each year with ELSS.

What are the 3 types of mutual funds?

There has been categorization in Mutual Funds Based upon their features which vary with the time So accordingly, Mutual funds can generally be placed into one of three primary categories:- Equity, Fixed income and money market. Mostly investors can diversify their portfolio by including a mix of the three in a better portfolio mix.

Mutual Funds: Advantages and Disadvantages


Advantages may include for the investors include:-

Properly Advanced Portfolio Management and dividend reinvestment along with the Risk reduction and come with the conventional structure, and fair pricing at all.

The return from these funds is totally tax-free under the income tax act as specified above.


Disadvantages include high fees, tax inefficiency, poor trade execution, and the potential for management abuses,  Anytime you sell the stock, you’re taxed on your gains, you give.

Do TAX SAVING mutual funds give good returns?

Tax Saving Mutual Fund returns vary with Market fluctuations underlying with Equities security trading in diversified companies with diversified Returns with Lucrative way. It ensures the risk most probably will be compensated by different company’s securities as one company’s security giving higher return while the other not.

Income Tax Return filing

Examples of TOP Mutual Funds:-

Top SIP Mutual Funds in India for 2019

  • Mirae Asset Large Cap Fund. Small-Cap Funds. 17.43% 17.99% Invest.
  • Axis Bluechip Fund. Mid Cap Funds. 14.47% 12.48% Invest.
  • ICICI Prudential Bluechip Fund. Mid Cap Funds. 13.36% 12.08% Invest.
  • SBI Bluechip Fund. MultiCam Funds. 9.9% 13.59% …
  • SBI Magnum Multicap Fund. Balanced Funds. 12.32% 16.07%

3 thoughts on “Tax Saving Mutual Fund(MF)”

Leave a Comment