We do not recommend investing in new fund offers because these funds don't have a track record
We do not recommend investing in NFOs. We believe that investing in an existing scheme with a proven performance record is better than betting on an untested fund. The only exception you can make is when a fund house launches a useful product that do not exist in the market. However, this is very rare. Often fund houses launch NFOs to complete their product line or trying to cash on a trend to amass more assets under its management.
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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