These schemes offer a tax deduction of up to 1 lakh to investors under section 80C of the Income Tax Act, 1961. Like equity schemes, they are suitable for investors(Individual, HUF and specified investors under Income Tax Act, 1961) with an appetite for high risk and aim to generate capital appreciation over the medium to long-term.
These schemes have a three-year lock-in period and offer an easy way to obtain tax benefits and an opportunity to get the potential upside of investing in the equity markets.
AXIS Bank Mutual Funds |
Baroda Mutual Funds |
Birla SunLife Mutual Funds |
BNP Paribas Mutual Funds |
Bank Of India Mutual Funds |
Canara Bank Mutual Funds |
Deutsche Bank Mutual Funds |
DSP Mutual Funds |
Edelweiss Mutual Funds |
Escorts Mutual Funds |
Fidelity Mutual Funds |
Franklin Templeton Mutual Funds |
Goldman Sachs Mutual Funds |
HDFC Bank Mutual Funds |
HSBC Bank Mutual Funds |
ICICI Bank Mutual Funds |
IDBI Bank Mutual Funds |