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5 Best Performing Tax Saving Mutual Fund Schemes : As the countdown to end of the financial year begins, many investors must be struggling to find the right avenue to park a little amount of their hard earned money that should help them to cut tax out-go with maximum returns. With the shortest lock-in condition, Equity Linked Saving Schemes (ELSS) is the closest that satisfy both these criteria. These types of tax saving mutual funds were taken under the umbrella of section 80C of Income Tax Act to increase the retail participation in equity markets.

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