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Best ELSS (tax-saving) funds

36 funds match this screen, ranked on 5-year return. Which tax-saving funds have the best long-term record?

Criteria: ELSS funds, ranked on 5-year return.

ELSS carries a 3-year lock-in, which is the shortest of any 80C option — and it is the only one that invests in equity. Because the money is locked anyway, the 5-year record is the right lens; a 1-year number describes a period you could not have acted on.

Best ELSS (tax-saving) funds, ranked by 5-year return

#
1Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth OptionPlatinumELSS+16.99%+19.38%57%-37.7%+21.46%₹5,134 Cr0.98%
2SBI Long Term Advantage Fund - Series V - Direct Plan - GrowthGoldELSS+15.16%+20.46%79%-35.8%+20.70%₹381 Cr1.28%
3quant ELSS Tax Saver Fund - Growth Option - Direct PlanPlatinumELSS+14.94%+21.54%62%-36.1%+15.05%₹13,458 Cr1.21%
4SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTHELSS+14.16%+17.68%50%-38.2%+13.17%₹31,735 Cr1.27%
5JM ELSS Tax Saver Fund (Direct) - Growth OptionPlatinumELSS+13.73%+17.93%53%-37.4%+16.55%₹248 Cr2.69%
6HDFC ELSS Tax saver - Growth Option - Direct PlanSilverELSS+13.40%+15.61%41%-44.1%+12.55%₹15,992 Cr1.21%
7ITI ELSS Tax Saver Fund - Direct Plan - Growth OptionGoldELSS+12.98%+20.72%87%-38.5%+17.18%₹463 Cr0.90%
8SBI Long Term Advantage Fund - Series VI - Direct Plan - GrowthELSS+11.90%+20.88%80%-36.1%+9.62%₹262 Cr1.40%
9Tata ELSS Fund-Growth-Direct PlanGoldELSS+11.68%+16.32%37%-36.8%+12.69%₹4,747 Cr0.88%
10Kotak ELSS Tax Saver Fund-Growth - DirectGoldELSS+11.56%+17.17%46%-36.4%+11.08%₹6,384 Cr0.83%
11Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth OptionGoldELSS+11.38%+15.36%41%-51.9%+12.27%₹14,718 Cr1.12%
12Edelweiss ELSS Tax Saver Fund - Direct Plan-Growth OptionGoldELSS+11.33%+15.86%37%-36.8%+13.23%₹462 Cr0.93%
13DSP ELSS Tax Saver Fund - Direct Plan - GrowthSilverELSS+11.26%+18.87%58%-37.2%+12.68%₹16,666 Cr0.91%
14BANK OF INDIA ELSS Tax Saver -Direct Plan- GrowthGoldELSS+11.16%+17.74%51%-31.7%+12.45%₹1,414 Cr1.10%
15Franklin India ELSS Tax Saver Fund - Direct - GrowthELSS+10.94%+17.15%47%-39.0%+10.25%₹6,223 Cr1.17%
16BANDHAN ELSS Tax Saver Fund - Direct Plan - GrowthELSS+10.86%+17.59%50%-42.6%+9.36%₹6,965 Cr0.95%
17Parag Parikh ELSS Tax Saver Fund- Direct GrowthELSS+10.28%+22.44%80%-29.5%+8.55%₹5,613 Cr0.65%
18Mirae Asset ELSS Tax Saver Fund - Direct Plan - GrowthELSS+10.25%+18.93%63%-37.8%+11.94%₹26,428 Cr0.99%
19Union ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+9.85%+13.96%31%-35.4%+10.43%₹872 Cr1.73%
20PGIM India ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+9.71%+15.25%36%-36.7%+9.35%₹722 Cr1.09%
21CANARA ROBECO ELSS TAX SAVER - DIRECT PLAN - GROWTH OPTIONSilverELSS+9.59%+16.03%37%-34.3%+11.35%₹8,725 Cr0.69%
22Invesco India ELSS Tax Saver Fund - Direct Plan - GrowthSilverELSS+9.59%+16.43%41%-35.8%+12.60%₹2,764 Cr1.19%
23ICICI Prudential ELSS Tax Saver Fund - Direct Plan - GrowthELSS+9.38%+15.49%37%-37.5%+11.16%₹14,286 Cr1.22%
24SBI Long Term Advantage Fund - Series IV - Direct Plan - GrowthELSS+9.21%+26.70%67%-34.4%+7.83%₹196 Cr1.24%
25Quantum ELSS Tax Saver Fund - Direct Plan Growth OptionELSS+9.03%+14.43%33%-39.6%+9.07%₹210 Cr0.95%
26LIC MF ELSS Tax Saver-Direct Plan-GrowthELSS+8.71%+14.83%24%-35.7%+9.96%₹1,021 Cr1.28%
27Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -GrowthELSS+8.69%+16.63%45%-35.9%+7.80%₹895 Cr1.06%
28Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct PlanELSS+7.60%+13.46%20%-35.1%+10.66%₹14,543 Cr1.09%
29UTI ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+6.89%+14.16%26%-35.1%+8.00%₹3,482 Cr1.16%
30Axis ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS+5.10%+14.41%26%-33.5%+10.20%₹32,667 Cr1.05%
31BARODA BNP PARIBAS ELSS Tax Saver Fund - Direct Plan - Growth OptionGoldELSS—+19.55%76%-17.3%+15.03%₹930 Cr1.28%
32WhiteOak Capital ELSS Tax Saver Fund Direct Plan GrowthPlatinumELSS—+20.71%93%-16.4%+15.98%₹507 Cr0.87%
33Samco ELSS Tax Saver Fund - Direct Plan - Growth OptionELSS—+6.89%0%-29.6%+4.91%₹109 Cr2.11%
34HSBC ELSS Tax saver Fund - Direct GrowthGoldELSS—+18.52%73%-19.2%+16.16%₹4,229 Cr1.22%
35NAVI ELSS TAX SAVER NIFTY 50 INDEX FUND - DIRECT PLAN GROWTHELSS—+9.07%0%-15.5%+6.53%₹154 Cr0.24%
36NJ ELSS Tax Saver Scheme Direct GrowthSilverELSS———-22.8%+9.52%₹349 Cr0.79%

Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct plan, Growth option. Wound-up, suspended and distributing (IDCW/payout) variants are excluded. Distributing funds are matched by NAME as well as by option, because the option field is wrong on around 100 schemes.

For the full category view, see our main page for this category, which covers every fund in it rather than only those meeting this screen.