Keep SIP into Mutual Funds

 

Investments in mid-cap funds through systematic investment plans (SIP) have yielded higher returns as compared to large-cap funds. Data show that SIPs in mid-cap funds have delivered better performance over tenures of up to five years. But analysts warn that new investors should not be swayed only by high returns in mid-cap funds. Some investors are switching from large-cap funds to mid-cap funds because of the underperformance of blue chips. Do not switch to a category which is the flavour of the season. Use SIPs in mutual funds as a tool to meet your long-term financial goals such as child's education, buying a house, or retirement.

 

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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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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