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I need names of mutual funds in which I can invest for tax benefits (as per indian income tax law) ?


Also , any details on tne average return would be very helpful.

some of the best mutual funds have been
1) SBI Magnum Tax Gain
2) HDFC Tax Plan
3) HDFC Long Term Plan
4) Sundaram BNP Paribas Taxsaver

The returns are based on investment patterns so please look for a fund with long term stability and the sector avg for the last 1 year is around 35% that does not mean you will get 35% returns the past years have been very good equity has beat other forms of investment always over any 10 year period

Please visit www.icicidirect.com and click on mutual fund.You will get all the details

SBI Magnum Tax Plan & HDFC Tax Saver.

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