Invest Reliance Regular Savings Fund – Balanced Option Online
Balanced Funds offer the triple benefits of wealth creation through equity exposure, stability and therefore, lower volatility through the debt exposure and tax efficiency of equity-oriented funds. By combining Systematic Withdrawal Plans (SWP) in Balanced Funds, investors could choose to get regular cash flows as well, which could compare favorably over propositions such as Post Office Monthly Income Schemes. The average rolling return in RRSF – Balanced has been 14% compounded over different periods of 3, 5 and 7 years. If any investor had invested Rs. 10 Lakh and done a SWP @9% for a period of 5 years, the investor would have not only ensured regular cash flow of Rs. 7500 per month (Rs. 90,000 per year / Rs. 4.5 Lakhs in 5 years), the original investments also would have grown in value.
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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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