Do you think all Tax Saving Mutual Funds are same...

Main purpose of this blog post is to explain investors that all ELSS or TAX SAVING Mutual Funds are not one and the same. Investor who are investing in ELSS schemes might well be aware that ELSS scheme comes under Diversify Equity Mutual Funds but they may not aware that ELSS Scheme also have Aggressive and Safer & Balanced approach. 

• Aggressive Approach - In this approach ELSS mainly bet on small and mid cap stocks and hence they have more return potential with bit of more risk. 
• Safer and Balanced Approach - In this ELSS mainly bet on Giant and Large cap stocks, which are more safer than mid and small cap stocks.

Investors needs to understand this that they should invest in that ELSS Scheme which meet there risk appitete. It is also important that they should not invest entire money in just 1 ELSS Scheme which cover both the approaches (i.e Aggressive and Safer & Balanced).

Some Top Performing ELSS MFs with there category:- 

Aggressive 

ICICI Prudential Tax Plan-G

Reliance Tax Saver - G

Sahara Tax Gain - G

Safer & Balance

Canara Robeco Equity Tax Saver -D

HDFC Tax Saver - G

HDFC LT Advantage - G

Magnum Tax Gain -G

So, next time think twice before investing in ELSS Scheme. :)

Note : This blog is not for recommendation purpose, hence, must not be treated as an encouragement to invest in above listed funds. The decision of investment in any above listed funds solely lies with the reader/investor.