DWS Hybrid Fixed Term Fund Series

 Deutsche Mutual Fund has launched DWS Hybrid Fixed Term Fund-Series 41. The scheme will invest in fixed income securities maturing on or before the date of the maturity of the scheme and in equity and equity related instruments. The minimum investment is `5,000. The NFO closes on 3 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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