Tax saving season has started off. Many mails are pouring into my Mailbox asking for best tax saving mutual funds to invest in. As I always say that there’s nothing that can be called as best, but there should be a process of selecting any investment and your selection should match your risk profile. In this particular case, we are talking of tax saving mutual funds also known as ELSS (Equity Linked saving Scheme) which are pure equity funds, so one has to be alive with the volatility. This article highlights the tax saving mutual funds which satisfies the criteria and process which I follow and advise to follow. You may go through my Money control article – 5 parameters of selecting mutual funds to understand it better.
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