Question 1

What are the best ELSS Tax Saving Funds in India?

Accepted Answer

The top performing fund in this category is HDFC Long Term Advantage Plan - Growth Plan by HDFC Mutual Fund with a 3-year CAGR of 20.18%. MFGenie ranks 40 funds in this category based on AMFI data updated daily.

Question 2

What is the average return of ELSS Tax Saving Funds?

Accepted Answer

The average 3-year CAGR of ELSS Tax Saving Funds is 12.65%. Returns are calculated using daily NAV data from AMFI. Past performance does not guarantee future results.

Question 3

How to invest in ELSS Tax Saving Funds?

Accepted Answer

You can invest in ELSS Tax Saving Funds online through MFU (Mutual Fund Utility) via MFGenie.ai. Compare funds by 1Y, 3Y, and 5Y returns, check expense ratios, and start a SIP or lumpsum investment.

Question 4

Are ELSS Tax Saving Funds safe to invest in?

Accepted Answer

Top ELSS funds for Section 80C tax deduction up to ₹1.5L. Only 3-year lock-in period. All mutual fund investments are subject to market risks. Check the fund's risk rating, expense ratio, and historical returns before investing. Consult a financial expert for personalised advice.

#	Fund	NAV	1Y	3Y	5Y	Since Inc.	AUM
1	HDFC Long Term Advantage Plan - Growth Plan HDFC Mutual Fund	₹595.17	+35.51%	+20.18%	+17.39%	+12.93%	—	Invest
2	Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option Motilal Oswal Mutual Fund	₹50.96	+0.30%	+19.57%	+15.39%	+14.48%	₹4,175 Cr	Invest
3	SBI ELSS Tax Saver FUND - REGULAR PLAN- GROWTH SBI Mutual Fund	₹422.67	-4.25%	+18.86%	+16.36%	+12.11%	₹32,171 Cr	Invest
4	WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth WhiteOak Capital Mutual Fund	₹16.48	-4.69%	+16.25%	—	+12.66%	₹438 Cr	Invest
5	HDFC ELSS Tax saver - Growth Plan HDFC Mutual Fund	₹1353.88	-4.10%	+16.25%	+16.24%	+11.82%	₹16,618 Cr	Invest
6	DSP ELSS Tax Saver Fund - Regular Plan - Growth DSP Mutual Fund	₹135.41	-4.96%	+15.86%	+13.47%	+13.84%	₹17,250 Cr	Invest
7	BARODA BNP PARIBAS ELSS Tax Saver Fund - Regular - Growth Option Baroda BNP Paribas Mutual Fund	₹94.69	-0.68%	+15.63%	—	+11.26%	₹906 Cr	Invest
8	HSBC ELSS Tax saver Fund - Regular Growth HSBC Mutual Fund	₹130.50	-2.31%	+15.45%	—	+12.37%	₹4,023 Cr	Invest
9	BANK OF INDIA ELSS Tax Saver -ECO Plan-Growth Bank of India Mutual Fund	₹171.40	-2.21%	+14.90%	+13.31%	+17.80%	—	Invest
10	Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option Nippon India Mutual Fund	₹126.28	-1.22%	+14.79%	+13.02%	+11.35%	₹14,959 Cr	Invest

Best ELSS Tax Saving Funds 2025