These tax saving mutual funds gave excellent returns of up to 17-30% in 3 years, do you have any of these?

Along with direct investing in shares, buying can be done through mutual funds. The fund managers of MF try their best to give best returns to the investors by investing their money in quality equities. Anyway, Equity-linked savings schemes (ELSS) have a lock-in period of three years. These can help investors to make tax-savings at the last minute before the end of the financial year.

Funds that have given returns of up to 30% in 3 years

The Quant Tax Plan has given a compound annual return of 30 percent in three years. The fund manages the assets of the investors to the tune of Rs 789 crore. Quant Mutual Fund follows rules-based investment strategies in its funds.

BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund has given a compound annual return of 22.4 percent over three years. BOI AXA Tax Advantage Fund manages assets worth Rs 546 crore of investors.

Canara Robeco Equity Tax Saver Fund

Canara Robeco Equity Tax Saver Fund has given 18.5 per cent compound annual return in three years. It manages assets worth Rs 3,209 crore of investors.

Mirae Asset Tax Saver

Mirae Asset Tax Saver has given a compound annual return of 18.2 per cent over three years. It manages assets worth Rs 10,972 crore of investors.

IDFC Tax Advantage Fund

IDFC Tax Advantage Fund has given a compound annual return of 17.5 per cent over three years. It manages assets worth Rs 3,583 crore of investors.