📗 Tax saving mutual funds are one of the investment avenue with many features like exemption on paying tax, market related return, safety and security. To escape from paying tax they have to invest required amount in to tax shielded avenue. Along with tax exemption they expect return out of it. By investing in ax saving mutual fund investors can avail tax exemption of Rs. 1,00,000 under 80C of Income tax act 1961 in India