Best Tax Saving Mutual Funds (ELSS) 2026
Best ELSS tax saving mutual funds in India 2026. Save up to ₹46,800 tax under Section 80C with 3-year lock-in ELSS funds.
20
Top Funds
Top Ranked by 3-Year Returns
Motilal Oswal ELSS Tax Saver Fund - IDCW Payout
Motilal Oswal Mutual Fund · ELSS
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option
Motilal Oswal Mutual Fund · ELSS
Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout
Motilal Oswal Mutual Fund · ELSS
Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option
Motilal Oswal Mutual Fund · ELSS
HDFC Long Term Advantage Plan - Growth Option - Direct Plan
HDFC Mutual Fund · ELSS
WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth
WhiteOak Capital Mutual Fund · ELSS
WhiteOak Capital ELSS Tax Saver Fund Regular Plan IDCW
WhiteOak Capital Mutual Fund · ELSS
WhiteOak Capital ELSS Tax Saver Fund Direct Plan IDCW
WhiteOak Capital Mutual Fund · ELSS
WhiteOak Capital ELSS Tax Saver Fund Direct Plan Growth
WhiteOak Capital Mutual Fund · ELSS
SBI ELSS Tax Saver Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)
SBI Mutual Fund · ELSS
SBI ELSS Tax Saver FUND - REGULAR PLAN- GROWTH
SBI Mutual Fund · ELSS
SBI ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)
SBI Mutual Fund · ELSS
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH
SBI Mutual Fund · ELSS
quant ELSS Tax Saver Fund - Growth Option - Direct Plan
Quant Mutual Fund · ELSS
HSBC ELSS Tax saver Fund - Regular Growth
HSBC Mutual Fund · ELSS
HSBC ELSS Tax saver Fund - Regular IDCW Payout
HSBC Mutual Fund · ELSS
HSBC ELSS Tax saver Fund - Direct IDCW Payout
HSBC Mutual Fund · ELSS
HSBC ELSS Tax saver Fund - Direct Growth
HSBC Mutual Fund · ELSS
JM ELSS Tax Saver Fund (Direct) - IDCW
JM Financial Mutual Fund · ELSS
JM ELSS Tax Saver Fund (Regular) - IDCW
JM Financial Mutual Fund · ELSS
How to Choose the Best Tax Saving Mutual Funds (ELSS) 2026?
When selecting the best mutual fund, look at: Consistent returns (not just 1-year performance), expense ratio (lower is better — even 0.5% difference compounds significantly), fund manager track record, AUM size (very small or very large AUM can be a concern), and alignment with your investment horizon and risk tolerance.
Important: Past returns do not guarantee future performance. Always consider your financial goals and consult a SEBI-registered investment advisor before investing.
Frequently Asked Questions
How much should I invest per month? expand_more
There is no fixed rule. Start with an amount you can consistently invest every month without straining your budget. Even ₹500-₹1,000/month compounded over 10+ years can build significant wealth.
Should I invest in a SIP or lump sum? expand_more
SIP (Systematic Investment Plan) is recommended for most investors as it averages out the purchase cost over time (rupee cost averaging). Lump sum is suitable when markets are significantly undervalued or you have a large amount to invest.
How are returns taxed? expand_more
Equity fund LTCG (held > 1 year) above ₹1 lakh is taxed at 10%. STCG (held < 1 year) is 15%. For ELSS, gains after 3-year lock-in are LTCG. Debt fund gains are taxed per your income tax slab (post-2023).
What is CAGR? expand_more
CAGR stands for Compounded Annual Growth Rate — the rate at which your investment would have grown each year if it had grown at a steady rate. It is the standard way to compare mutual fund returns across different time periods.
Related Pages
* Data is for informational purposes only. Mutual fund investments are subject to market risks. Past performance does not guarantee future returns. Consult a SEBI-registered investment advisor.