Reliance Mutual Fund has launched R* Shares Long Term Gilt ETF. The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 8-13 year G-Sec Index before expenses, subject to tracking errors. The minimum investment required is `5,000 and the NFO closes on 1 July.
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Top 10 Tax Saver Mutual Funds to invest in India for 2016
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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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