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There is nothing special or institutional about Franklin India Ultra Short Bond Fund - Super Institutional Plan. It is just another ultra short term fund that offers direct and regular plans to investors. There is no special minimum investment requirement or restrictions on redemption. Sebi has stopped mutual funds from offering multiple plans with varying expense in the same fund in September 2012. Now funds can operate only two plans in a scheme - Regular and Direct. However, a few funds like Franklin India Ultra Short Term Bond Fund still carry 'Institutional' in their name. These institutional plans only carry the name, but they function like a normal plan.
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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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