They collects and pools money from various people/investors, who share a common investment objective, and invests this amount in various financial securities such as stocks and bonds.
Best Tax Saver Mutual Funds in India?
IDFC Tax Advantage (ELSS) Fund – Direct Plan-Growth ELSS
Fund size of ₹ 3692.39 Cr with an expense ratio of 1.97% and the NAV of ₹ 98.71
HDFC Tax Saver Fund – Direct Plan-Growth ELSS:
Fund size of ₹ 9408.98 Cr with an expense ratio of 1.24% and the NAV of ₹ 832.435
Quant Tax Plan – Direct Plan-Growth ELSS
Fund size of ₹ 1584.38 Cr with an expense ratio of 0.57% and the NAV of ₹ 251.1707