Invest RELIANCE MID & SMALL CAP Fund Online
This fund, earlier known as Reliance Long Term Equity Fund, underwent a change in fundamental attributes early last year to become a mida nd smallcap-oriented scheme. Managerial responsibilities have also changed hands, even though experienced fund manager Sunil B. Singhania continues to oversee the fund. The fund's track record is not healthy, and it has under performed many of its peers over different time frames. Despite leaning on the mid-cap basket, its exposure to small caps is higher compared to that of its peers in the category. Given the limited track record of the revamped fund's new manager, there is not much clarity on his execution capabilities. So, investors should stick with proven funds in this category.
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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds
Top 10 Tax Saving 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. 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
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