Top 10 Tax Saver ELSS 2019

Here is the list of Top 10 performing Tax saving mutual funds - Equity-linked saving schemes (ELSS) sorted by the returns yield in the last 3 years as of writing this post. The amount invested up to 1,50,000 rupees in a year is exempted under 80c. One should choose a scheme with high returns and a low expense ratio. The expense ratio indicates how much the fund charges annually to manage your investment portfolio. If you invest Rs 20,000 in a fund that has an expense ratio of 2%, then it means that you need to pay Rs 400 per year to the fund to manage your money. The direct plan is preferable over Regular, and the Growth type is preferable over the Dividend option.

ELSS Name	3 year Returns(%)	Scheme Asset Size (cr)	Expense Ratio(%)	Launch Date	Benchmark
Mirae Asset Tax Saver Fund	20.6	1251.65	0.35	12/18/2015	S&P BSE 200
Motilal Oswal Long Term Equity Fund	15.8	1159.37	0.9	1/15/2015	Nifty 500
Quant Tax Plan	14.7	8.16	1.9	1/1/2013	Nifty 50
Principal Tax Savings Fund	14.6	383.48	2.39	1/1/2013	Nifty 500
Taurus Tax Shield	14.56	61.25	2.13	1/1/2013	S&P BSE 200
Invesco India Tax Plan	14.3	686.49	0.99	12/29/2006	S&P BSE 200
Kotak Tax Saver Fund	14.17	778.47	1.32	1/1/2013	NIFTY 500
ABSL Tax Relief 96	14.08	7220.44	1.06	2/1/2013	S&P BSE 200
DSP Tax Saver	13.7	4674.73	1.07	1/1/2013	NIFTY 500
L&T Tax Advantage Fund	13.1	3208.19	1.55	1/31/2006	S&P BSE 200