![PhonePe Blogs Main Featured Image](https://www.phonepe.com/webstatic/7968/static/77020d989fb4f92b3a5ba60a82f82a77/7db1d/Invest-in-Tax-Saving-Funds-on-PhonePe.png)
Investments
Invest in Tax Saving Funds on PhonePe
PhonePe Team|1 min read|08 January, 2020
Invest in Tax Saving Funds on PhonePe
PhonePe offers a paperless experience for investing in Tax Saving Funds in just a few minutes. You can invest in funds from some of India’s highly reputed mutual fund companies. Here’s how:
- In the PhonePe app click on ‘My Money’ at the bottom and then click on the ‘Tax Saving Funds’ icon.
- Enter the amount that you want to invest (max 1.5 lakhs for tax saving).
- Select from our list of top hand-picked funds.
- Complete your one-time Free digital KYC.
- Make a payment from your UPI-linked bank account.
That’s it! You will receive a tax saving receipt instantly in your mail.
If you are not already KYC compliant, you may want to keep the following documents ready with you:
(a) PAN card and
(b) Any one of Aadhar card, Driving License, Voter ID card or Passport
Once you invest, you can go to the same page to track all your investments through a simple dashboard.
So, don’t wait. Start today and join over 50 Lakh Indians who invest over Rs. 15,000 Crores in Tax Saving Funds every year!
Mutual Funds are subject to market risk. Please read the scheme information document carefully before investing.
PhonePe Wealth Broking Private Limited | AMFI — Registered Mutual Fund Distributor ARN- 187821.