Which is best dividend payout tax saving mutual fund?

Question

Thanks in advance.

Answer 1

Best ELSS fund - Taurus Tax Sheild.

Dividend payout is just one option. Other options are:  Dividend Reinvest & Growth.

Answer 2

Abhijit,

It is not recommended to select dividend option with ELSS because the ELSS subscription not only give you the tax exemption but can use as a long term portfolio to create wealth.

If you still want to go with, select one or more of the below mentioned funds.

SBI Magnum Taxgain

Sundaram Tax Saver

DSP Tax Saver

These all are well dividend payers.

Well div payer does not mean that the dividend will get in the regular intervals.

Best wishes