Best ELSS(Tax saving mutual funds)

[rrnarayan]

Hi-Junta,
i went thru some recent posts and some posts of the past.
In all cases, i found that the parameters taken into account while selecting a fund are

Past performance,NAV, and others.

However, I do no agree on this...
While selecting any mutual fund, there are just 4 parameters which should be looked upon -

1. Expenses associated with the fund?

2 Riskiness of the fund - How risk averse it is?

3. Reputation of the fund manager?

4. Past performance of the fund.

These parameters are suggested by Warren Buffet's guru "Benjamin Graham".

i think these are enough to arrive on whether one should invest in a fund or not?


RamNarayan

[magnet]

sbi series is a 10 year closed ended fund wht does it mean since they say 3 years lock in

ALso where its mentioned sbi magnum gain has been stopped????

also how abt jm tax gain new fund as its been managed by sandeep??

[sanx]

This time I took Reliance Tax Saver fund . Any opinion on how it can perform ?

[life2007]

Originally Posted by 200my

One more thing - always opt for Dividend option in ELSS. Let me know ur views on it.

How far do you all agree with the above statement ?

What would be a more sensible situation when it comes to ELSS Funds

2 ELSS , 1 growth & 1 Dividend
2 ELSS , Both growth
2 ELSS, Both Dividend
or only one ELSS either growth or dividend ?

Thanks
Jeet

[Saurabh.Sau]

Hi,

I am Saurabh and new to this forum and investing as well.

I hav to invest 30k in tax saving mf. my pics are
1. Sundaram BNP Paribas (NAV: 38.78)----12k
2. ICICI Prudential Tax Plan (NAV: 106)----10k
3. HDFC Tax Saver (NAV:177)-------------8k

Is it good choice or do i need to make modification.
Kindly suggest.

[Saurabh.Sau]

What are the prospects of Canara Robeco Tax saver fund? I request you experts to have a look on it?

[lonsharim]

Originally Posted by Saurabh.Sau

What are the prospects of Canara Robeco Tax saver fund? I request you experts to have a look on it?

Value Research Online has given this fund a 5 star rating. Its a good fund to invest in.

[nikrod]

Can Robeco Equity tax saver is good fund & 5 star rated bay Value Research. One thing investors should keep in mind before investing is this fund is tilted towards Mid-Cap. Hence is a bit risky proportion.