Reliance Mutual Fund has decided to introduce/modify certain features in the Reliance SIP Insure with effect from April 11, 2016.
Quarterly and Yearly frequencies will also be available to the investors in addition to Monthly option under the revised provisions. The minimum SIP installment under Quarterly option will be R3,000 per quarter & in multiples of R1 and Yearly option will be R12,000 per year & in multiples of R1 {except in the schemes of Reliance Tax Saver (ELSS) Fund & Reliance Retirement Fund where minimum installment shall be in multiples of R500 thereafter} while it will be the same under the monthly option.
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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