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Can I invest more in Mirae Tax Saver Fund?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

ET Online|
Last Updated: Mar 18, 2020, 12.11 PM IST
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I have investments in Mirae Asset Tax Saver Fund. I want to invest more to save taxes. Should I go with the same fund or should I invest in another tax savings fund?
-Danish Sharma


Mirae Tax Saver Fund is one of the toppers in the ELSS category. In fact, the scheme is part of our recommendation list. For more, read: Best ELSS funds to invest in 2020

You may invest in it to save taxes under Section 80C in this financial year.

You have not stated how much you plan to invest in the scheme. If you are investing Rs 1 lakh or more, you may also split your investments between two schemes. You can use our recommendation list to zero in on the other scheme.
(If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)
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