Which are good ELSS funds to invest and save the taxes if my CTC is around 10lpa?

If you could provide some good suggestions to analyse.
I'm in the beginning of the career and starting the investing in ELSS for the first time to save the taxes this year.

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Download the app “Groww”, search for ELSS Mutual Funds, compare and research further on Google if needed. Start investing.

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I think Mirae, Canara Robecco, Axis Long term are good.

I got Aditya Birla, Axis 3 years back when it was doing good. But now both are average and above average player.

So you can't predict.

Don't go with Quant as it's showing huge growth. It's investment is in mid and small cap only and is very volatile. This is my suggestion 😇

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Check where all your money is invested if another fund is investing in the same then not needed go on with single one. Unless it's expense ratio is low.

1. For Section 80c - ELSS funds works, try axis. Always go for direct funds
2. For availing additional tax exemption under 80ccd, open NPS account ( in NPS you can submit 1.5L under 80C and 50k under 80ccd) . So invest 50k in NPS as well.
This will reduce your taxable income by 2L.
3. You can then show health insurance upto 25K for yourself and spouse.( This can include the one you have from office)

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Thank you so much for the help.
What about PPF ? Or Tax saving FDs.

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Yes, I agree. No one can predict share market but it will eventually increase if we hold on for sometime it's just about time. Thanks.

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