IIFL Mutual Fund has decided to withdraw the IIFL Nifty ETF from benefits under Rajiv Gandhi Equity Saving Scheme, 2012.

As a result, IIFL Nifty ETF will not be eligible to claim deduction under Section 80CCG of Income Tax Act, 1961 with effect from May 14, 2015.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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