subject: Selecting The Right Tax Saving Mutual Fund [print this page] Along with saving, people also consider tax saving to be an important parameter when investing. Most investors actually invest in a tax saving mutual fund that gives them tax saving benefits under section 88 of the Income Tax. This is the main reason why people invest in such portfolios. This may seem feasible but it is too risky to let tax saving influence your decision for fund selection. Instead treat the tax benefit offered as just an add-on; you will be able to treat tax saving funds
