In the equity-linked savings scheme category,
Axis Long Term Equity,
Birla Sun Life Tax Plan and
BNP Paribas Long Term Equity have achieved this feat.
Axis Long Term Equity, steered by Jinesh Gopani, has delivered the highest outperformance relative to the benchmark across 3 and 5-years and also boasts the best risk-reward profile and lower volatility in this category. This fund is also a relative newcomer in the industry. A purely growth-oriented fund, it has a distinct quality bias in its stock picks. HDFC Bank, Kotak Mahindra Bank and Tata Consultancy Services are the top bets in its portfolio as of November-end.
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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
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