Top tax saving mutual funds in 2023 

Published : 4 Jan 2023

0.24%

3Y Returns

Rs. 4,025.95 cr

Fund size

1Y Returns

5Y Returns

23.15%

11.81%

-1.31%

3Y Returns

Rs. 692.94 cr

Fund size

1Y Returns

5Y Returns

22.84%

12.12%

-3.62%

3Y Returns

Rs. 4,562.79 cr

Fund size

1Y Returns

5Y Returns

20.45%

15.15%

-0.66%

3Y Returns

Rs. 448.34 cr

Fund size

1Y Returns

5Y Returns

20.11%

12.67%

-3.32%

3Y Returns

Rs. 14,020.27 cr

Fund size

1Y Returns

5Y Returns

18.84%

13.96%

 Risk Assessment

This process of identifying the amount of risk you are capable of taking is referred to as risk profiling.

Asset allocation

Once you identify your risk profile, you should look to divide your money between various asset classes. Ideally your asset allocation should have a mix of both equity and debt instruments so as to balance out the risks.

   Diversification

Identify funds to invest in each of the asset classes. You can compare mutual funds based on investment objectives and past performance. Decide on the mutual fund schemes you will be investing in and make the application online or offline.

Monitor your portfolio

Tracking and follow-ups are important to ensure that you get the best out of your investment.