SBI CONTRA FUND
This fund has changed its focus from taking contra bets--investing in stocks that are out of favour--to running a diversified, multi-cap strategy with a mild contra bias. The approach has been refined to focus more on the growth potential of underlying businesses, with reasonable valuation just being a supportive parameter rather than the key criterion. The fund leans heavily towards large-caps compared to many of its peers in the multi-cap space which are mid-cap oriented. It has the freedom to take outsized sector bets, even though the portfolio focuses on companies and not sectors. The fund is helmed by a highly skilled fund manager, but it needs to show a sustained improvement in performance to merit a place in your portfolio.
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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 Saver 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
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