By investing in Birla Sun Life Dynamic Bond Fund (An Open-ended Income Scheme) you have gone a long way towards potentially ensuring that they aren't affected by fluctuating interest rates.
 | When interest rates are likely to rise: The fund invests in short-term bonds that mature faster, so that it can invest in newer bonds of higher rates. |
| When interest rates have reached their peak: The fund invests in long-term bonds. Your investment then benefits from a higher interest rate for a longer term. |
| When interest rates are going to fall: You will gain by selling your higher interest-rate bond at a profit. When the interest rate falls, the prices of bonds rise. Hence, bonds that were bought when yields were high are due to generate capital gains when they are sold in a falling interest rate scenario. |
| The investment team of Birla Sun Life Mutual Fund, through its research and process driven investment strategy, would endeavour to capitalise on the available opportunities in a timely manner. |
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. Religare Tax Plan
4. DSP BlackRock Tax Saver Fund
5. Franklin India TaxShield
6. ICICI Prudential Long Term Equity Fund
7. IDFC Tax Advantage (ELSS) Fund
8. Birla Sun Life Tax Relief 96
9. Reliance Tax Saver (ELSS) Fund
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
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