{"id":1652,"date":"2024-04-24T10:10:10","date_gmt":"2024-04-24T10:10:10","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1652"},"modified":"2026-03-02T19:24:16","modified_gmt":"2026-03-02T19:24:16","slug":"are-there-any-tax-saving-mutual-fund-schemes-with-sip","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/24\/are-there-any-tax-saving-mutual-fund-schemes-with-sip\/","title":{"rendered":"Are there any tax saving mutual fund schemes with SIP?"},"content":{"rendered":"\n<p>Yes, you can start an SIP in an Equity Linked Saving Scheme (ELSS) Mutual Funds, that get you tax benefit of upto Rs 46,350, assuming you invest Rs 1.5 lakhs (maximum allowed).<\/p>\n\n\n\n<p>Go for Direct Plan options in these, as you instantly get an extra saving of Rs 7,500 but cutting out commissions.<\/p>\n\n\n\n<p>Here is a list of&nbsp;<a href=\"https:\/\/ref.jama.co.in\/direct-mutual-funds\/best-equity-elss-tax-saving-direct-plan-mutual-funds\/\" target=\"_blank\" rel=\"noreferrer noopener\">best tax saving funds with SIP for 2018<\/a>.<\/p>\n\n\n<!-- mw-cta-block -->\n\n<div class=\"mw-cta-block\" style=\"background:#EEF3FC;border-left:5px solid #1C52A0;padding:22px 26px 20px;margin:36px 0 24px;border-radius:0 10px 10px 0;\">\n  <p style=\"margin:0 0 4px;font-size:11px;font-weight:700;color:#276FC4;letter-spacing:1px;text-transform:uppercase;\">Maxiom Wealth \u2014 Free Tool<\/p>\n  <h3 style=\"margin:0 0 10px;font-size:19px;font-weight:700;color:#113E81;line-height:1.3;\">How Much Will Your SIP Grow to?<\/h3>\n  <p style=\"margin:0 0 18px;color:#444;font-size:15px;line-height:1.65;\">Use our free SIP calculator to project your wealth at 5, 10, or 20 years. Small monthly amounts compound into life-changing wealth \u2014 but only if you start early enough.<\/p>\n  <a href=\"https:\/\/maxiomwealth.com\/resources\/calculators\/sip\" style=\"display:inline-block;background:#1C52A0;color:#fff!important;padding:11px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin:0 10px 8px 0;\">Try the SIP Calculator \u2192<\/a>\n  <a href=\"https:\/\/maxiomwealth.com\/meeting\" style=\"display:inline-block;border:2px solid #1C52A0;color:#1C52A0!important;padding:9px 22px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-bottom:8px;\">Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Yes, you can start an SIP in an Equity Linked Saving Scheme (ELSS) Mutual Funds, that get you tax benefit of upto Rs 46,350, assuming you invest Rs 1.5 lakhs (maximum allowed). Go for Direct Plan options in these, as you instantly get an extra saving of Rs 7,500 but cutting out commissions. Here is&hellip;&nbsp;<a href=\"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/24\/are-there-any-tax-saving-mutual-fund-schemes-with-sip\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Are there any tax saving mutual fund schemes with SIP?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,96],"tags":[],"class_list":["post-1652","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-tax-saving-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1652"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1652\/revisions"}],"predecessor-version":[{"id":3404,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1652\/revisions\/3404"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}