Tax-saving plans are products wherein the investor can claim benefits for the amount invested as per the tax laws. Under Sections 80C and 80D of the Indian Income Tax Act, an individual can claim a deduction on the premium payment made or the investment done.
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.