With 19.18% Annualised Returns In 3-Years SIP, This Top-Rated ELSS Fund Is Good To Invest

Under Section 80 of the Income Tax Act, the Indian government offers a number of tax benefits to investors. With tax-saving investments like PPF, NPS, etc., you can deduct up to Rs. 1.5 lakh in taxes under Section 80C. However, the only tax-saving option for mutual fund investors is the Equity Linked Savings Scheme (ELSS).

Here, we have highlighted one such ELSS fund with good returns on SIP and lump-sum investments. The fund has outperformed the benchmark and the given good returns to its investors. The name of the fund is Bank Of India Tax Advantage Fund.

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