Mutual Fund Risk profile
The risk profile associated with a fund tells you how dynamic the returns could be. Equity funds which are invested in stock exchanges are highly dynamic as their fate is tied to that of the unpredictable stock markets. As such, these are categorized as high risk mutual funds where returns could be very high while downsides can be equally drastic. Debt funds are safe bets as these are invested in stable securities such as government securities, bonds, treasury bills etc. and are therefore categorized as low risk. Hybrid funds are an amalgamation of both equity and debt instruments, and are profiled according to the diversification of portfolio among debt and equity funds.
Top 10 Tax Saving Mutual Funds to invest in India for 2016 or 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
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
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