This is a list of top 10 Tax Saving Equity Mutual Funds which you can invest in. This year hasn't been particularly good for the Equity Markets and hence you will find most Equity Mutual Funds gave a negative return if you look at their 12 month return. However if you consider a 3 year return (Tax saving funds have a 3 year lock in), the top 10 funds have given an Annual Compounded Return of over 30%.
5 year Annual Compounded Growth Rate
Equity Mutual Funds perform exceedingly well in the long term and they need to be looked at from a long term perspective. The 3 year and 5 year charts show the long term performers and ideally while choosing an Equity Mutual Fund, these charts should be given more importance.
(Mutual Funds Return Calculated based on Data available as of October 30th, 2011)
To read the article on how to select a Mutual Fund Click here
To Read on When to Redeem your Mutual Fund Click here
To Read on the Basics of Mutual Funds Click here
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