Among the oldest funds in the country, this scheme is recommended for any person who wants to start investing in equities. The fund managers stick to large-cap stocks with good balance sheets, which has resulted in the scheme under-performing its peers in the past. "The fund's ability to curtail volatility and falls in down markets, despite not reducing its exposure to equities like its peers do, makes it stand out in such markets. As a wealth manager puts it: The scheme is best suited for an individual shifting from fixed deposits to equities.
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online -
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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