bandhan-tax-advantage-elss-fund-regular-plan-growth

quant-tax-plan-growth-option-regular-plan

canara-robeco-equity-tax-saver-fund-regular-plan-growth-option

<h3>Mirae Asset Tax Saver Fund Regular Plan Growth</h3><p>Mirae Asset Tax Saver Fund is an open-ended equity-linked savings scheme or ELSS. It follows the bottoms-up approach of investing that is driven by value investing in growth-oriented companies. The scheme was launched in December 2015 and has garnered a CAGR of over 14 percent for its investors in the past five years. Mirae Asset Tax Saver Fund is a great pick for investors seeking to create wealth while saving income tax on their earnings. &nbsp;</p><h4>Entry and Exit Load</h4><p>The entry and exit load for Mirae Asset Tax Saver Fund is nil. &nbsp;</p><h4>Minimum Investment Amount &nbsp;</h4><p>The minimum amount for a lump sum as well as a systematic investment plan or SIP in Mirae Asset Tax Saver Fund is INR 500. &nbsp;</p><h4>Fund Manager</h4><p>Mr. Neelesh Surana has been managing Mirae Asset Tax Saver Fund since its inception.</p><h4>Lock-in Period</h4><p>All equity-linked savings schemes, including Mirae Asset Tax Saver Fund, have a lock-in period of three years. Thus, investors are not allowed to redeem their Mirae Asset Tax Saver Fund units within three years of investment. &nbsp;</p><p>Other Funds by Mirae Asset Mutual Fund</p><p>Mirae Asset Emerging Bluechip Fund Regular Plan - Growth Option</p><p>Mirae Asset Great Consumer Fund - Regular Plan - Growth option</p><p>Mirae Asset Large Cap Fund - Growth Plan</p><p>Mirae Asset Hybrid-Equity Fund - Regular Plan - Growth</p><p>Mirae Asset Dynamic Bond Fund-Regular Plan Growth</p><p>Mirae Asset Savings Fund-Regular Savings Plan - Growth</p><p>You can invest in all the above Mirae Asset mutual fund schemes and many more on ZFunds. &nbsp;</p><h3>Why Invest in Mirae Asset Tax Saver Fund ?</h3><p>There are several reasons to choose Mirae Asset Tax Saver Fund. These include:&nbsp;</p><p>Potential for tax savings: Mirae Asset Tax Saver Fund offers investors the opportunity to save taxes under Section 80C of the Income Tax Act. By investing in this fund, individuals can reduce their taxable income by up to ₹1.5 lakh, helping them optimize their tax liability while generating potential long-term wealth.</p><p>Experienced fund management team: The fund is managed by a team of experienced Best equity mutual fund managers who possess in-depth knowledge of the market and have a proven track record of delivering consistent returns. Their expertise in identifying high-growth potential stocks can benefit investors in the long run.</p><p>Diversified portfolio: Mirae Asset Tax Saver Fund follows a diversified investment approach, spreading investments across various sectors and market caps. This strategy helps mitigate risks and capture opportunities arising from different market conditions. The fund's diversified portfolio provides investors with exposure to a wide range of quality companies and sectors.</p><p>Focus on growth-oriented stocks: The fund primarily focuses on investing in growth-oriented stocks with strong fundamentals and long-term growth potential. These stocks are carefully selected based on rigorous research and analysis, aiming to deliver capital appreciation over the long term. This approach aligns with investors seeking wealth creation opportunities while enjoying tax benefits.</p><p>Consistent performance: Mirae Asset Tax Saver Fund has a track record of delivering consistent returns over the years, outperforming its benchmark and peer group in various market cycles. The fund's ability to generate attractive risk-adjusted returns has garnered the trust and confidence of investors. Thus, investors seeking tax-saving <a href="https://zfunds.in/m/best-large-cap-mutual-funds">mutual funds with high returns</a> can invest in Mirae Asset Tax Saver Fund.&nbsp;</p><p>Investing in Mirae Asset Tax Saver Fund provides the dual advantage of potential tax savings and the potential for long-term wealth creation through a well-managed portfolio of growth-oriented stocks. However, it is essential for investors to carefully evaluate their investment goals, risk appetite, and consult with a financial advisor before making investment decisions.</p><h4>Frequently Asked Questions about Mirae Asset Tax Saver Fund</h4><p>Q. What is an equity-linked savings scheme or ELSS ? &nbsp;</p><p>A. Also referred to as tax saver funds, equity-linked savings schemes allow investors to enjoy tax benefits under Section 80C of the Indian Income Tax Act. One can invest in such schemes to claim a deduction of up to INR 1,50,000 from their taxable income in a financial year. An ELSS has a lock-in period of three years; thus, one cannot redeem their ELSS units before three years from the date of purchase. &nbsp;</p><p>Q. Should I invest in Mirae Asset Tax Saver Fund ? &nbsp;</p><p>A. Mirae Asset Tax Saver Fund is a good option for investors with minimum three to five years’ investment horizon. Moreover, the scheme has given impressive returns in the past. &nbsp;</p><p>Q. What is the current expense ratio for the Mirae Asset Tax Saver Fund Regular Growth option ? &nbsp;</p><p>A. The expense ratio for Mirae Asset Tax Saver Fund Regular Growth plan is 1.71. &nbsp;</p><p>Q. What are some other tax saver funds ? &nbsp;</p><p>A. Quant Tax Plan, Canara Robeco Equity Tax Saver Fund, Kotak Tax Saver Scheme, DSP Tax Saver Fund, PGIM India ELSS Tax Saver Fund, IDFC Tax Advantage (ELSS) Fund, and Tata India Tax Savings Fund are some other equity-linked savings schemes or tax saver funds. You can find all of these and many more on ZFunds. &nbsp;</p><p>Q. Can I invest in Mirae Asset Tax Saver Fund on ZFunds ? &nbsp;</p><p>A. You can easily invest in Mirae Asset Tax Saver Fund on ZFunds. You can also get in touch with our representatives for their expert investment advice. &nbsp;</p>

Mirae Asset Tax Saver Fund is an open-ended equity-linked savings scheme or ELSS. It follows the bottoms-up approach of investing that is driven by value investing in growth-oriented companies.

mirae-asset-tax-saver-fund-regular-plan-growth

Mirae Asset Tax Saver Fund Regular Growth | Mirae Asset NAV 2023

<h2>Enjoy Double Benefits with Kotak Tax Saver Fund - Growth &nbsp;</h2><p>Kotak Tax Saver Growth Scheme is an equity-linked savings scheme (ELSS) offered by Kotak Mutual Fund. It offers investors tax benefits under section 80C of the Income Tax Act, 1961, while providing an opportunity to create wealth in the Indian equity market. The scheme aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments of companies across market capitalization. The fund has a lock-in period of three years, during which investors cannot redeem their investments. The scheme is suitable for investors who have a high-risk appetite and are looking for long-term wealth creation along with tax-saving benefits. &nbsp;</p><h3>Entry and Exit Load</h3><p>There is no entry and exit load for Kotak Tax Saver Fund Growth. &nbsp;</p><h3>Minimum Investment Amount</h3><p>The minimum investment amount for Kotak Tax Saver Scheme Growth is INR 500 for lump sum investments and INR 500 per installment for systematic investment plans (SIPs). &nbsp;</p><h3>Fund Manager</h3><p>Mr. Harsha Upadhyaya is currently managing Kotak Tax Saver Fund Growth. He manages four other mutual funds at Kotak Mutual Fund, namely, Kotak ESG Opportunities Fund, Kotak Flexicap Fund, Kotak Equity Opportunities Fund, and Kotak Multicap Fund. &nbsp;</p><h3>Lock-in Period</h3><p>Kotak Tax Saver Fund Growth has a lock-in period of three years from the date of allotment. This means that the units purchased under this scheme cannot be redeemed or sold prior to the completion of the lock-in period. However, after the completion of the lock-in period, investors can redeem or sell their units in part or in full. It is important to note that ELSS funds like Kotak Tax Saver Scheme Growth offer tax benefits under Section 80C of the Income Tax Act, 1961, and therefore, investors need to remain invested for the entire lock-in period to avail of the tax benefits.</p><h3>Other Funds by Kotak Mutual Fund</h3><p>Kotak-Small Cap Fund - Growth</p><p>Kotak Bluechip Fund - Growth</p><p>Kotak Multi Asset Allocator Fund of Fund - Dynamic - Growth</p><p>Kotak Emerging Equity Scheme - Growth</p><p>Kotak India EQ Contra Fund - Growth</p><p>Kotak Infrastructure &amp; Economic Reform Fund - Standard Plan-Growth</p><p>Kotak Equity Savings Fund - Regular - Growth</p><p>All of these mutual funds by Kotak are available on ZFunds. Start investing today. &nbsp;</p><h4>Frequently Asked Questions about Kotak Tax Saver Fund Growth</h4><p>Q. What is an equity-linked savings scheme or ELSS?</p><p>A. An Equity-Linked Saving Scheme (ELSS) is a type of mutual fund that invests primarily in equity and equity-related securities. ELSS funds are primarily designed for long-term wealth creation while offering tax benefits to investors. Under Section 80C of the Income Tax Act, 1961, investments made in ELSS funds are eligible for a deduction of up to INR 1.5 lakh from taxable income. ELSS funds have a lock-in period of three years, which means that investors cannot redeem or sell their units before the completion of the lock-in period. The lock-in period ensures that investors stay invested for a longer period, which is necessary to generate long-term wealth.</p><p>Q. What is the current Kotak Tax Saver Fund NAV? &nbsp;</p><p>A. Kotak Tax Saver Fund NAV for the regular growth option is INR 74.673 as on 10th March 2023. &nbsp;</p>

Kotak tax saver fund  scheme aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments of companies across market capitalization. 

kotak-tax-saver-scheme-growth

Kotak Tax Saver Mutual Fund NAV for Regular Growth Option

<h2>Save Tax and Create Wealth with DSP Tax Saver Fund Growth&nbsp;</h2><p>DSP Tax Saver Fund is an open-ended equity savings scheme apt for medium to long-term capital appreciation. It invests in market leaders as well as emerging businesses across market caps to offer a blend of stability and growth for investors. The scheme was launched in January 2013, and the regular growth option of this scheme has given an annualized return of around 14 percent since its inception. It has around 70 percent asset allocation in large-cap companies, while mid-cap and small-cap holdings currently stand at around 19 and 11 percent, respectively. &nbsp; &nbsp;</p><h2>About DSP Tax saver Fund</h2><p>DSP Taxsaver Fund is an open-ended equity-linked saving scheme which comes with a lock-in period of 3 years.</p><h3>Investment Objective</h3><p>The investment objective of the scheme is to provide medium to long-term capital appreciation to the investors by making investments in a diversified portfolio of equity &amp; equity-related securities of companies and enable investors to avail of the deductions under Section 80C of Income Tax Act,1961.</p><h3>Entry and Exit Load &nbsp;</h3><p>The entry and exit load for DSP Tax Saver Fund is nil. &nbsp;</p><h3>Minimum Investment Amount &nbsp;</h3><p>You can start investing in DSP Tax Saver Fund with a small sum of money. The minimum amount for an initial lump sum, subsequent lump sum, as well as SIP investments in DSP Tax Saver Fund Growth, is INR 500. &nbsp;</p><h3>Fund Manager</h3><p>DSP Tax Saver Fund is managed by Rohit Singhania (since July 2015) and Kaushal Maroo (since December 2022). &nbsp;</p><p>Other Funds by DSP Mutual Fund</p><p>DSP Small Cap Fund - Regular - Growth</p><p>DSP Flexi Cap Fund - Regular Plan - Growth</p><p>DSP India T.I.G.E.R. Fund - Regular Plan - Growth</p><p>DSP Equity Opportunities Fund-Regular Plan - Growth</p><p>DSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth</p><p>DSP Natural Resources And New Energy Fund - Regular - Growth</p><p>DSP Midcap Fund - Regular Plan - Growth</p><p>All the above-mentioned DSP mutual fund schemes and many more are available for investing on ZFunds. Invest today! &nbsp;</p><h3>Benchmark</h3><p>The Benchmark of the scheme is Nifty 500 Index TRI.</p><h3>Investment Details</h3><figure class="table"><table><tbody><tr><td>Particulars</td><td>Minimum Amount</td></tr><tr><td>Minimum Application Amount</td><td>Rs.500 &amp; any amount thereafter</td></tr><tr><td>Minimum Additional Investment</td><td>Rs.500 &amp; any amount thereafter</td></tr></tbody></table></figure><h3>SIP Details</h3><figure class="table"><table><tbody><tr><td>Type</td><td>Minimum Amount</td><td>Minimum Installments</td></tr><tr><td>Monthly</td><td>Rs.500 &amp; in multiples of Rs.1 thereafter</td><td>6</td></tr><tr><td>Quarterly</td><td>Rs.500 &amp; in multiples of Rs.1 thereafter</td><td>6</td></tr></tbody></table></figure><h3>Loads</h3><p><strong>Entry Load:</strong> Nil</p><p><strong>Exit Load:</strong> Nil</p><h3>Suitability</h3><p>DSP Taxsaver Fund is suitable for investors with moderate to high-risk appetite looking to invest for a period of 5 years &amp; above. This fund is recommended to investors for meeting their tax-saving needs.</p><h3>Taxation:</h3><p>As the fund predominantly invests in equity securities, DSP Taxsaver Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:</p><ul><li>If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.</li><li>If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.</li></ul><p>Being an ELSS Scheme, contributions to DSP Taxsaver Fund are eligible for claiming tax deductions under Section 80C of the Income Tax Act,1961.</p><h2>DSP Tax saver Fund’s Asset Allocation</h2><p>Under normal conditions, the pattern of asset allocation is as follows:</p><figure class="table"><table><tbody><tr><td>Assets</td><td>Minimum indicative allocation (% of total assets)</td><td>Maximum indicative allocation (% of total assets)</td><td>Risk Profile</td></tr><tr><td>Equity &amp; Equity related securities&nbsp;</td><td>80</td><td>100</td><td>High&nbsp;</td></tr><tr><td>Investments in ADRs, GDRs &amp; Foreign equity</td><td>0</td><td>20</td><td>High</td></tr><tr><td>Debt &amp; money market instruments</td><td>0</td><td>20</td><td>Low to Moderate</td></tr></tbody></table></figure><h3>Who should invest ?</h3><p>ELSS funds are those equity mutual funds that invest in the equity &amp; equity-related securities of companies across market capitalizations &amp; different sectors. These funds provide an opportunity for investors to earn capital gains through its equity investments along with offering tax benefits.</p><p>Investments in DSP Taxsaver Fund can be made by investors who want to invest for their tax-saving needs. The fund has a multi-cap portfolio that provides a diversified equity portfolio that can generate good returns over long periods.</p><p>Investors looking to invest in a tax-saving product with high risk/reward characteristics could consider ELSS funds. Otherwise, one could consider other tax saving schemes which offer fixed returns with relatively lower risks.</p><p>Though the fund has a lock-in of 3 years, we recommend investments for at least 5 years or more to earn potential good returns on the investments.</p><h3>Eligibility&nbsp;</h3><p>The following people are eligible for investing in this scheme:</p><ul><li>Indian Resident Adults (single holder or on a joint basis)</li><li>Hindu Undivided Family</li><li>Partnership entities</li><li>Limited Liability Partnership units</li><li>Minor through parent or a legal guardian</li><li>Sole Proprietor</li><li>Corporates, PSUs &amp; others.</li><li>NRIs/POIs/OCIs</li><li>Banks &amp; Financial Institutions</li><li>Religious &amp; Charitable Trusts</li><li>Defense &amp; paramilitary units</li><li>Foreign Portfolio Investors</li><li>Pension/Provident/Gratuity Funds</li><li>Trustee, AMCs or Sponsors</li><li>Other schemes of DSP MF or other mutual funds</li><li>Alternative Investment Funds</li><li>Others</li></ul><h3>How to invest?</h3><p>You can invest in DSP Taxsaver Fund through any AMFI distributor, AMC, banks, or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.</p><h4>Frequently Asked Questions about DSP Tax Saver Fund Growth</h4><p>Q. What is a tax saver scheme?</p><p>A. Also known as an equity-linked savings scheme, a tax saver scheme allows investors to claim tax deductions of up to INR 1,50,000 from their taxable income in a financial year. Thus, you can invest in an ELSS and save up to INR 46,800 tax in a financial year. &nbsp;</p><p>Q. What are some other tax saver schemes besides SDP Tax Saver Fund? &nbsp;</p><p>A. Quant Tax Plan, Canara Robeco Equity Tax Saver Fund, Mirae Asset Tax Saver Fund, Kotak Tax Saver-Scheme, PGIM India ELSS Tax Saver Fund, IDFC Tax Advantage (ELSS) Fund, Tata India Tax Savings Fund, ICICI Prudential Long Term Equity Fund (Tax Saving), and UTI - Long Term Equity Fund (Tax Saving) are some other mutual fund schemes you can invest in to save tax. All of these and many more are available on ZFunds. &nbsp;</p><p>Q. What is the current DSP Tax Saver Fund NAV? &nbsp;</p><p>A. The DSP Tax Saver Fund NAV as on 8th March 2023 is INR 30.8, while the fund size is INR 14,042. &nbsp;</p><p>Q. Who should invest in DSP Tax Saver Fund? &nbsp;</p><p>A. Anyone who wants to save tax, and seeks to generate wealth in the long term can invest in this scheme. Also, one must analyze their risk appetite before investing in DSP Tax Saver Fund. &nbsp;</p>

DSP Tax Saver Fund is an open-ended equity savings scheme apt for medium to long-term capital appreciation. Get the complete details about DSP Tax Saver Fund Regular Plan Growth.

dsp-tax-saver-fund-regular-plan-growth

DSP Tax Saver Fund Regular Growth | DSP Tax Saver Fund NAV 2023

union-long-term-equity-fund-growth-option

bank-of-india-tax-advantage-fund-regular-plan-growth

pgim-india-elss-tax-saver-fund-regular-plan-growth-option

jm-tax-gain-fund-regular-growth-option

<h2>Build Wealth and Save Tax with SBI Long-Term Equity Fund</h2><p>SBI Long-Term Equity Fund is an open-ended equity-linked savings scheme that helps investors save tax and appreciate capital. The fund invests at least 80 percent of its assets in equity, fully convertible debentures, cumulative convertible preference shares, bonds, etc., and has a provision of investing up to 20 percent of its assets in money market instruments. Since this is an ELSS, it has a lock-in period of three years. The regular growth option of this scheme has given an annualized return of around 15.5 percent since its inception in March 1993. &nbsp;</p><h3>Entry and Exit Load</h3><p>There is no entry or exit load for SBI Long-Term Equity Fund. &nbsp;</p><h3>Minimum Investment Amount &nbsp;</h3><p>You can make a lump sum investment in SBI Long-Term Equity Fund Regular Growth Plan with INR 500, and any additional amount in multiples of 1. The minimum amount for SIP in SBI Long-Term Equity Fund Regular Growth Plan is also INR 500. &nbsp;</p><h3>Fund Manager</h3><p>The fund is managed by Mr. Dinesh Balachandran since September 2016. &nbsp;</p><h3>Lock-in Period</h3><p>Since SBI Long-Term Equity Fund Regular Growth Plan is an ELSS or tax saver fund, investors cannot redeem or switch out their mutual fund units within three years of investment. &nbsp;</p><h3>Other Funds by SBI Mutual Fund</h3><p>SBI Technology Opportunities Fund - Regular Plan - Growth</p><p>SBI Contra Fund - Regular Plan - Growth</p><p>SBI Small Cap Fund - Regular Plan - Growth</p><p>SBI Large &amp; Midcap Fund- Regular Plan -Growth</p><p>SBI Magnum Midcap Fund - Regular Plan - Growth</p><p>SBI Infrastructure Fund - Regular Plan - Growth</p><p>SBI Healthcare Opportunities Fund - Regular Plan -Growth</p><p>You can invest in all of these and many others without any hassles on ZFunds. &nbsp;</p><p>Frequently Asked Questions about SBI Long-Term Equity Fund</p><p>Q. What is the expense ratio for SBI Long-Term Equity Fund Regular Growth Plan? &nbsp;</p><p>A. The current expense ratio for SBI Long-Term Equity Fund Regular Growth Plan is 1.73. It is the annual maintenance charge that the mutual fund levies on investors to finance its expenses.</p><p>Q. Who should invest in SBI Long-Term Equity Fund Regular Growth Plan? &nbsp;</p><p>A. Anyone, who has a long investment horizon, seeks to create wealth in the long term, and wants to save income tax, can invest in SBI Long-Term Equity Fund Regular Growth Plan. Moreover, since the scheme has a lock-in period, it is advisable that you only invest funds that you will not need in the next three years. &nbsp;</p><p>Q. Where can I check my expected returns from SBI Long-Term Equity Fund Regular Growth Plan SIP investments? &nbsp;</p><p>A. You can use the SBI mutual fund SIP calculator to check your expected returns from SIP in SBI Long-Term Equity Fund Regular Growth Plan. All you need to do is provide a few inputs and the tool calculates the returns you can expect from your investment. &nbsp;</p><p>Q. What is the SBI Long-Term Equity Fund Regular Growth Plan NAV? &nbsp;</p><p>A. The net asset value or NAV for SBI Long-Term Equity Fund Regular Growth Plan as on 8th March 2023 is INR 237, while the asset under management or AUM is INR &nbsp;12073.1. &nbsp;</p>

SBI Long-Term Equity Fund is an open-ended equity-linked savings scheme that helps investors save tax and appreciate capital. The fund invests at least 80 percent of its assets in equity.

sbi-long-term-equity-fund-regular-plan--growth

SBI Long Term Equity Fund Regular Growth Plan Investment 2023

icici-prudential-long-term-equity-fund-tax-saving-growth

mahindra-manulife-elss-fund-regular-plan-growth

tata-india-tax-savings-fund-growth-regular-plan

uti-long-term-equity-fund--tax-saving--regular-plan-growth-option

<h2>About HDFC TaxSaver Fund</h2><p>HDFC TaxSaver Fund is an open-ended equity-linked saving scheme which comes with a lock-in period of 3 years &amp; tax benefits.</p><h3>Investment Objective</h3><p>The investment objective of the scheme is to provide for income &amp; long-term capital appreciation to the investors by making investments in a diversified portfolio of equity &amp; equity-related securities across market capitalizations &amp; sectors.</p><h3>Benchmark</h3><p>The Benchmark of the scheme is Nifty 500 TRI.</p><h3>Investment Details</h3><figure class="table"><table><tbody><tr><td><strong>Particulars</strong></td><td><strong>Minimum Amount</strong></td></tr><tr><td>Minimum Application Amount</td><td>Rs.500 &amp; in multiples of Rs.500 thereafter</td></tr><tr><td>Minimum Additional Investment</td><td>Rs.500 &amp; in multiples of Rs.500 thereafter</td></tr></tbody></table></figure><h3>SIP Details</h3><figure class="table"><table><tbody><tr><td><strong>Type</strong></td><td><strong>Minimum Amount</strong></td><td><strong>Minimum Installments</strong></td></tr><tr><td>Daily</td><td rowspan="6">Rs.500 &amp; in multiples of Rs.500 thereafter.</td><td>-</td></tr><tr><td>Weekly</td><td>6</td></tr><tr><td>Monthly (Less than Rs.1,000)</td><td>12</td></tr><tr><td>Monthly (Equal to or greater than Rs.1,000)</td><td>6</td></tr><tr><td>Quarterly (Less than Rs.3,000)</td><td>4</td></tr><tr><td>Quarterly (Equal to or greater than Rs.3,000)</td><td>2</td></tr></tbody></table></figure><h3>Loads</h3><p><strong>Entry Load:</strong> Nil</p><p><strong>Exit Load:</strong> Nil</p><h3>Suitability</h3><p>HDFC TaxSaver Fund is suitable for investors with moderate to high-risk appetite looking to invest for a period of 5 years &amp; above. This fund is recommended to investors seeking long term capital appreciation along with the dual benefit of meeting their tax-saving needs.</p><h3>Taxation:</h3><p>As the fund predominantly invests in equity securities, HDFC TaxSaver Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:</p><ul><li>If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.</li><li>If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.</li></ul><p>Being an ELSS Scheme, contributions to HDFC TaxSaver Fund are eligible for claiming tax deductions under Section 80C of the Income Tax Act,1961.</p><h2>HDFC TaxSaver Fund’s Asset Allocation</h2><p>Under normal conditions, the pattern of asset allocation is as follows:</p><figure class="table"><table><tbody><tr><td>Assets</td><td>Minimum indicative allocation (% of total assets)</td><td>Maximum indicative allocation (% of total assets)</td><td>Risk Profile</td></tr><tr><td>Equity &amp; Equity related securities&nbsp;</td><td>80</td><td>100</td><td>High&nbsp;</td></tr><tr><td>Debt &amp; money market instruments</td><td>0</td><td>20</td><td>Low to Moderate</td></tr></tbody></table></figure><h2>Who should invest?</h2><p>ELSS funds are those equity mutual funds that invest in equity &amp; equity-related securities of companies across market capitalizations &amp; different sectors. These funds provide an opportunity for investors to earn capital gains through its equity investments along with offering tax benefits.</p><p>Investments in HDFC TaxSaver Fund can be made by investors who want to invest for their tax-saving needs. The fund has a multi-cap portfolio that provides a diversified equity portfolio and can generate good returns over long periods.</p><p>Investors looking to invest in a tax-saving product with high risk/reward characteristics could consider ELSS funds. Though the fund has a lock-in of 3 years, we recommend investments for at least 5 years or more to earn potential good returns on the investments.</p><h3>Eligibility</h3><p>The following people are eligible for investing in this scheme:</p><ul><li>Indian Resident Adults (single holder or on a joint basis)</li><li>Hindu Undivided Family</li><li>Partnership entities</li><li>Limited Liability Partnership units</li><li>Minor through parent or a legal guardian</li><li>Sole Proprietor</li><li>Corporates, PSUs &amp; others.</li><li>NRIs/POIs/OCIs</li><li>Banks &amp; Financial Institutions</li><li>Religious &amp; Charitable Trusts</li><li>Defense &amp; paramilitary units&nbsp;</li><li>Foreign Portfolio Investors</li><li>Pension/Provident/Gratuity Funds</li><li>Trustee, AMCs or Sponsors</li><li>Other schemes of HDFC MF or other mutual funds</li><li><a href="https://zfunds.in/m/alternative-investment-funds">Alternative Investment Funds</a></li><li>Others</li></ul><h2>How to invest?</h2><p>You can invest in HDFC TaxSaver Fund through any AMFI distributor, AMC, banks, or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.</p>

hdfc-taxsaver-growth-plan

franklin-india-taxshield-growth

taurus-taxshield-regular-plan-growth

invesco-india-tax-plan-growth

lic-mf-tax-plan-regular-plan-growth

edelweiss-long-term-equity-fund-tax-savings-regular-plan-growth-option

motilal-oswal-long-term-equity-fund-moflte-regular-plan-growth-option

quantum-tax-saving-fund-regular-plan-growth-option

Axis Long Term Equity Fund (Direct and Regular) Growth is an equity mutual fund scheme from Axis fund. Zfunds provides an overview, including returns, latest NAV, ratings etc.

Bandhan Tax Advantage (ELSS) Fund - Regular Plan - Growth

Performance Graph

Returns Calculator

Write a Review

Investment Objective

Similar Funds

Riskometer

Top Holdings

Fund House