Best Tax Saver Funds^~

A tax saving fund is a type of mutual where you get an additional benefit of tax saving. These types of mutual funds are eligible for tax deductions under the provisions of Section 80C of the Income Tax Act, 1961. Here you can claim a tax deduction of up to INR 1,50,000 and save taxes up to INR 46,800 in a year. These tax saver funds are also known as ELSS funds which stands for equity-linked savings scheme.

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Fund Details	Fund Size	NAV	5 Year	7 Year	10 Year
High Growth Fund Fund Size: 9,928 Cr	9,928 Cr	116.7 -0.60%	27.23% Highest Returns	21.83%	18.4%	Get Details
Top 200 Fund Fund Size: 2,323 Cr	2,323 Cr	178.67 -1.91%	30.78% Highest Returns	22.34%	17.46%	Get Details
Accelerator Mid-Cap Fund II Fund Size: 5,652 Cr	5,652 Cr	83.19 -0.40%	23.59% Highest Returns	13.57%	14.73%	Get Details
Opportunities Fund Fund Size: 37,289 Cr	37,289 Cr	78.13 -0.49%	25% Highest Returns	15.59%	14.71%	Get Details
Equity II Fund Fund Size: 3,556 Cr	3,556 Cr	42.15 -0.33%	19.29% Highest Returns	10.82%	10.2%	Get Details
Accelerator Fund Fund Size: 236 Cr	236 Cr	49.78 -0.39%	23% Highest Returns	15.76%	13.35%	Get Details
Grow Money Plus Fund Fund Size: 440 Cr	440 Cr	68.73 -0.48%	20.42% Highest Returns	14.45%	13.81%	Get Details
Multiplier Fund Size: 4,557 Cr	4,557 Cr	94.84 -0.72%	25.88% Highest Returns	14.93%	15.51%	Get Details
Equity Top 250 Fund Fund Size: 539 Cr	539 Cr	58.41 -0.35%	19.7% Highest Returns	12.68%	11.51%	Get Details
Future Apex Fund Fund Size: 101 Cr	101 Cr	57.71 -0.59%	23.82% Highest Returns	15.92%	13.34%	Get Details
Opportunities Fund Fund Size: 3,368 Cr	3,368 Cr	59.78 -0.48%	22.7% Highest Returns	14.04%	12.36%	Get Details
Frontline Equity Fund Fund Size: 4,348 Cr	4,348 Cr	69.41 -0.54%	23.77% Highest Returns	15.66%	14.08%	Get Details
Flexi Growth Fund Fund Size: 717 Cr	717 Cr	11.82 -0.09%	-	-	-	Get Details
Virtue II Fund Size: 3,248 Cr	3,248 Cr	70.77 -0.67%	24.25% Highest Returns	17.4%	15.09%	Get Details
Pension Dynamic Equity Fund Fund Size: 6 Cr	6 Cr	73.66 -0.52%	18.95% Highest Returns	12.06%	10.83%	Get Details
Equity Fund Fund Size: 78,278 Cr	78,278 Cr	206.47 -1.88%	19.71% Highest Returns	13.04%	11.79%	Get Details
Blue-Chip Equity Fund Fund Size: 1,335 Cr	1,335 Cr	35.21 -0.21%	16.68% Highest Returns	11.12%	10.16%	Get Details

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Best ULIP Funds - Consider the best performing ULIP funds to invest in 2025 with Policybazaar. Find the list of best ULIP funds in India on the basis of Returns, Latest Nav, Fund Size and Categories

Data source :

Returns as on 06-07-2025. The returns are the returns of best-performing fund in the plan

Disclaimer :
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

Best Tax Saver Funds^~

Quant Tax Plan

Quant Tax Plan is an ELSS fund scheme offered by Quant Mutual Fund. This fund aims to generate long-term wealth for its investor by creating a diversified portfolio of equity and equity-related securities with high growth potential.

This fund has consistently delivered good returns over the years.

Also, this fund has a Sharpe ratio of 1.24. The higher the Sharpe ratio of a fund, the better its returns have been relative to the risk it carries.

Features of the fund:
- AUM (Fund Size): Currently, the fund is managing an AUM of ₹555 Crores
- Minimum Investment: For SIP and lumpsum, the minimum investment is ₹500
- Exit Load: 0%
- Lock-in: 3 Years
- Expense ratio: 0.57%
Performance of the fund:

Period

Returns

1 year

61.61 %

3 years

36.58%
Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund is an ELSS mutual fund scheme from Mirae Asset Mutual Fund. This fund aims to generate long-term wealth for its investor by creating a diversified portfolio of equity and equity-related securities with high growth potential.

Since its inception, the fund has delivered 20.45% CAGR returns. It has delivered returns consistently without many ups and downs in the portfolio.

Features of the fund:
- AUM (Fund Size): Currently, the fund is managing an AUM of ₹ 10,087 Crores
- Minimum Investment: For SIP and lumpsum, the minimum investment is ₹500
- Exit Load: 0%
- Lock-in: 3 Years
- Expense ratio: 0.43%
Performance of the fund:

Period

Returns

1 year

35.42%

3 years

24.85%
Canara Robeco Equity Tax Saver

Canara Robeco Equity Tax Saver is an ELSS mutual fund scheme offered by Canara Robeco. This fund aims to generate long-term wealth for its investor by creating a diversified portfolio of equity and equity-related securities with high growth potential.

The fund makes investments both in primary and secondary equity markets and may also invest in ADRs or GDRs, which are the overseas markets dealing with investments in equity.

Features of the fund:
- AUM (Fund Size): Currently, the fund is managing an AUM of ₹ 2,876 Crores
- Minimum Investment: For SIP and lumpsum, the minimum investment is ₹500
- Exit Load: 0%
- Lock-in: 3 Years
- Expense ratio: 0.76%
Performance of the fund:

Period

Returns

1 year

35.42%

3 years

25.06 %
Invesco India Tax Plan

Invesco India Tax Plan is an ELSS mutual fund scheme from Invesco Mutual Fund. This fund aims to generate long-term wealth for its investor by creating a diversified portfolio of equity and equity-related securities with high growth potential.

This fund has been in existence for 15 years, and it was launched on 20/11/2006. Since its inception, it has delivered a return of 15.14% CAGR.

Features of the fund:
- AUM (Fund Size): Currently, the fund is managing an AUM of ₹ 1,859 Crores
- Minimum Investment: For SIP and lumpsum, the minimum investment is ₹500
- Exit Load: 0%
- Lock-in: 3 Years
- Expense ratio: 0.88%
Performance of the fund:

Period

Returns

1 year

32.38%

3 years

21.13%
UTI Long Term Equity Fund

UTI Long Term Equity Fund is an ELSS mutual fund scheme from UTI Mutual Fund. It is an open-ended equity fund that invests a minimum of 80% in equity-related instruments and a maximum of 20% in money market instruments and other liquid instruments.

This fund aims to create long-term wealth for its investors by investing the majority of funds in equity and equity-related instruments.

Features of the fund:
- AUM (Fund Size): Currently, the fund is managing an AUM of ₹ 2,977 Crores
- Minimum Investment: For SIP and lumpsum, the minimum investment is ₹500
- Exit Load: 0%
- Lock-in: 3 Years
- Expense ratio: 1.15%
Performance of the fund:

Period

Returns

1 year

32.75%

3 years

21.62%
DSP Tax Saver

DSP Tax Saver is an ELSS mutual fund scheme from DSP Mutual Fund. This fund aims to generate long-term wealth for its investor by creating a diversified portfolio of equity and equity-related securities.

This fund has delivered consistent returns over the years and has invested majorly in the finance, technology, construction, energy, and chemical sectors.

Features of the fund:
- AUM (Fund Size): Currently, the fund is managing an AUM of ₹ 9,420 Crores
- Minimum Investment: For SIP and lumpsum, the minimum investment is ₹500
- Exit Load: 0%
- Lock-in: 3 Years
- Expense ratio: 0.84%
Performance of the fund:

Period

Returns

1 year

34.36%

3 years

22.01%
Axis Long Term Equity

Axis Long Term Equity is an ELSS mutual fund scheme from Axis Mutual Fund. The scheme aims to create long-term wealth and capital growth for its investors by forming a diversified portfolio of equity and equity-related securities.

This fund has allocated 78.56% of the money in large-cap stocks, 18.47% in mid-cap stocks, and 1.81% in small-cap stocks. Axis Long Term Equity invests in businesses with high growth and a sustainable business model.

Features of the fund:
- AUM (Fund Size): Currently, the fund manages an AUM of ₹ 33,529 Crores
- Minimum Investment: For SIP and lumpsum, the minimum investment is ₹500
- Exit Load: 0%
- Lock-in: 3 Years
- Expense ratio: 0.74%
Performance of the fund:

Period

Returns

1 year

32.75%

3 years

21.62%
Kotak Tax Saver Fund

Kotak Tax Saver Fund is an ELSS mutual fund scheme from Kotak Mahindra Mutual Fund. This fund makes investments in companies that have good financial strength, reputation, and a beneficial track record. The fund management selects companies that are relatively less prone to recessions or cycles.

Features of the fund:
- AUM (Fund Size): Currently, the fund has an AUM of ₹ 2,335 Crores
- Minimum Investment: For SIP and lumpsum, the minimum investment is ₹500
- Exit Load: 0%
- Lock-in: 3 Years
- Expense ratio: 0.73%
Performance of the fund:

Period

Returns

1 year

32.75%

3 years

21.62%

FAQ's

Q. What is an ELSS fund?

A. ELSS stands for Equity Linked Savings Scheme. This is a type of mutual fund where you benefit from wealth creation and get an additional benefit of tax saving.
Q. Is there a difference between a tax saver fund and an ELSS fund?

A. No, they are the same. There is no difference between a tax saver fund and an ELSS fund.
Q. What is SIP?

A. SIP stands for Systematic Investment Plan. This is a method of investing where the investor, instead of investing all the money as a lumpsum, invests small amounts periodically (weekly, monthly, quarterly, annually, etc.)
Q. Are mutual funds regulated?

A. Yes, the Securities and Exchange Board of India (SEBI) is the regulatory body for mutual funds in India.
Q. What are dividends?

A. Dividends are amounts of money paid regularly (could be quarterly, semi-annually, annually, etc.) by a business to its stakeholders out of its profits.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Tax benefit is subject to changes in tax laws
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in