Tax savings schemes which have performed in bear as well as bull market

Following are the few of the good Top performing ELSS mutual Funds.

1) SBI Magnum Taxgain
2) Sundaram Tax saver
3) Principal Personal Taxsaver
4) ICICI Pru Tax plan

All of the above funds has given an annualized return of between 30% to 50% compounded annually as on 30th june 2008 for previous 5 years.

Note: To find out the actual returns as of today you can click on the following link. http://www.moneycontrol.com/india/mutualfunds/gainerloser/10/14/snapshot/op1/an/option/eqt/sort/yr5

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