Axis Hybrid Fund, Series

 Axis Mutual Fund has launched Axis Hybrid Fund, Series 25. The scheme will invest in high quality fixed income securities that are maturing on or before the maturity of the scheme. It will also invest in equity and equity-related instruments. The minimum investment is `5,000. The NFO closes on 17 August

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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