Investing in Balanced Fund

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 Whenever you are investing a lumpsum, there is always the risk of committing the entire amount at a market peak

 It would be a great idea to invest the money in a staggered manner in these schemes. Whenever you are investing a lumpsum in the stock market, there is always a risk of committing the entire amount at a market peak. If you stagger your investment over a period, you can rule out the risk. Even if you have a lump sum available, you should split it into at least six monthly installments. This will average out your purchase NAV.

Best Tax Saver Mutual Funds 2016 or ELSS Mutual Funds for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. IDFC Tax Advantage (ELSS) Fund

4. ICICI Prudential Long Term Equity Fund

5. Religare Tax Plan

6. Franklin India TaxShield

7. DSP BlackRock Tax Saver Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. HDFC TaxSaver

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online

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