How to select Tax Saving Mutual Fund

Selecting the best tax-saving mutual fund (also referred to as equity linked saving scheme – ELSS) is never an easy task. For one, there are just too many funds, which only confuses the investor. Add to this the sometimes misrepresentative mutual fund advertisements that paint a rosier than warranted picture. At the end of the day, often investors end up being invested in the wrong tax-saving mutual fund.

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