Are you searching for tax-saving investment avenues with a 3-year horizon? Check out these options!

By Surbhi Khanna, ET Online | Mar 24, 2025, 03:50:41 PM IST

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Trying to save tax?

Are you looking for tax-saving investment options with a three-year investment horizon? Here are some possible options: ELSS funds and NPS, as recommended in a report by Ventura Securities.

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LIC MF ELSS Tax Saver Fund

LIC MF ELSS Tax Saver Fund has delivered a 12% CAGR over the past three years. The scheme had an AUM of Rs 1,007 crore as of February 28, 2025.

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Parag Parikh ELSS Tax Saver Fund

Parag Parikh ELSS Tax Saver Fund delivered a CAGR of 16.4% over the last three years. The scheme had an AUM of Rs 4,477 crore as of February 28, 2025.

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HDFC Pension Management

HDFC Pension Management, an NPS scheme, has delivered a CAGR of 12.1% over the last three years. The scheme had an AUM of Rs 46,478 crore as of February 28, 2025.

ICICI Prudential Pension Fund Management

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ICICI Prudential Pension Fund Management

ICICI Prudential Pension Fund Management, an NPS scheme, delivered a CAGR of 13.1% over the last three years. The scheme had an AUM of Rs 17,070 crore as of February 28, 2025.

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What are ELSS mutual funds?

ELSS or tax-saving schemes help investors save on income tax under Section 80C of the Income Tax Act. A maximum of Rs 1.5 lakh can be invested in a financial year to claim deductions. ELSS funds invest in stocks, carry high risk, and come with a mandatory lock-in period of three years.

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NPS

NPS is a market-linked, defined contribution scheme designed to help you save for retirement. It is simple, voluntary, portable, and flexible. As one of the most efficient ways to boost retirement income and save tax, NPS allows you to plan for a financially secure future with systematic savings, as per the NPS Trust website.

ELSS funds |NPS |Parag Parikh ELSS Tax Saver Fund |HDFC Pension Management

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Are you searching for tax-saving investment avenues with a 3-year horizon? Check out these options!

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