Save upto Rs 46,350 in taxes in 10 minutes

Save taxes under 80C by investing in the best Tax Saving Mutual Funds (ELSS) online. Hassle-free and paperless.

Check how much you can save

Why Tax Saver Mutual Funds (ELSS)

Tax Saver Mutual Funds are better than all other tax saving options, here is why.

Shortest Lock-in period
Higher past returns
Tax on returns

Tax Saver Mutual Funds

3 Years

12-15%*

No tax on profits

Others (PPF, FD, NPS, ULIPs)

5-15 years

7-9%

Not tax free in all cases

*Mutual Fund investments are subject to market risks. Past performance is not indicative of future performance.

Why Tax Saver Mutual Funds (ELSS)

Tax Saver Mutual Funds are better than all other tax saving options, here is why.

Shortest Lock-in period

Tax Saver Mutual Funds 3 Years Other options (PPF, FD, NPS etc) 5- 15 years

Higher past returns

Tax Saver Mutual Funds 12-15%* Other options (PPF, FD, NPS etc) 7-9%

Tax on returns

Tax Saver Mutual Funds No tax on profits Other options (PPF, FD, NPS etc) Not tax free in all cases

*Mutual Fund investments are subject to market risks. Past performance is not indicative of future performance.

Invest in the Best Tax Saver Mutual Funds for FY 2018

Birla Sun Life Tax Relief '96 Fund

Past 5 yr Returns
21.9% p.a.
Fund Size
₹ 4700+ Cr
Fund Rating

Based on VRO and Morningstar Fund Ratings

IDFC Tax Advantage (ELSS) Fund

Past 5 yr Returns
21.7 % p.a.
Fund Size
₹ 900+ Cr
Fund Rating

Based on VRO and Morningstar Fund Ratings

L&T Tax Advantage Fund

Past 5 yr Returns
20.0% p.a.
Fund Size
₹ 2900+ Cr
Fund Rating

Based on VRO and Morningstar Fund Ratings

Read how we select the best funds

Superb concept, nice platform, hassle free KYC, excellent customer service. I would recommend "Goalwise" to any investor. You people are doing great a job !!

Deepanjan Neogi

Analyst, Nomura, Thane

Invest with Goalwise in the best ELSS funds

Bank Grade Security

Money invested through Goalwise goes directly from your bank account to the Mutual Funds and is completely secure.

Paperless

No need to courier any documents. Sign up, complete your KYC and invest online in under 10 minutes.

Investment proof for HR

Download your 80C investment proof instantly after investment and submit to HR.

Easy to withdraw

Get the money back to your bank account in a single click once the 3 year lock-in is over. No paperwork needed.

Easy to invest

Invest online using net-banking in the best Tax Saver Mutual Funds hand-picked by our experts for 2018.

Easy to track

You can see how your investments are doing at any time on your dashboard. What you see is what you get.

12,000+

Users

27,000+

Goals

80,000+

Transactions

FAQs

What is ELSS?

ELSS are specially designated Mutual Funds in which investments are exempt under section 80C of the Income Tax Act. These funds invest in the stock markets and hence earn higher returns in the long term as compared to traditional instruments like PPF and FDs.

Can I lose money by investing in ELSS?

Since ELSS Mutual Funds invest mainly in the stock market, the returns are also linked to how the stock markets perform. In any given year the returns can be positive or negative. However over the long term, say 6-7 years or above, stock markets and ELSS funds have given returns of around 14-15% annualised.

Are there any charges for investing with Goalwise?

Like all Mutual Fund distributors, we get a small recurring fee (~0.6-1% annually) from your investments via the Mutual Fund company. You don’t pay anything directly. You can read more about our commissions here.

Is there a lock-in period?

Yes. ELSS Funds have a lock-in of 3 years. This means you cannot withdraw your money before 3 years. This is the shortest lock-in period amongst all investment options like PPF, LIC etc. under section 80C.

Is Goalwise safe to invest with?

Investing through Goalwise is very safe since all your investments are made in your name and your money goes directly from your account to the Mutual Fund companies. You will receive emails and sms from Mutual Funds that you invest in.

What happens to my money if Goalwise shuts down?

In a nutshell, nothing. Your investments are made directly with the Mutual Fund companies and not with Goalwise. Hence, your investments are secure with the Mutual Funds you are invested in irrespective of Goalwise. You can access them directly, with or without Goalwise.You can read more about it here.

Can I choose my own Mutual Funds to invest in?

Yes you can although you should only do it if you are confident of your selection otherwise it is better to stick with tried and tested strategy. You can choose from the Mutual Funds of all the top AMCs like ICICI, Birla, HDFC, Axis etc.

What else can I do with Goalwise?

On Goalwise you can invest in the best Mutual Funds not just for Tax Saving but for all your financial goals like Wealth, Retirement etc. You can set a target for your goals and track your progress as well. All with just a few clicks. And our customer service is one of the best in the industry. So go ahead and sign up 🙂