Best ELSS (Equity Linked Savings Scheme) - II

#1
Hello

There are two funds in my list -

1. DSP-MLTax Saver Fund (D) = 15k
2. Birla Sun Life Tax Relief '96 = 15k

What you guys think about these two ELSS?

Second,
1. Principal Tax saving, or
2. Personal Tax Saver

Which one is good in between these two Principal ELSS?


Nitin
 
#2
Re: About ELSS Funds?

Your choices of funds are good Birla Sunlife tax Relief 96 and Principal tax Savings would make a good choice. Both are aggressive funds and have a good amount of churn in their portfolios. Principal tax savings is more aggressive taking sunstantial positions in small and mid cap funds while Birla Sunlife tax relief has a large cap orientation.
 
#3
Re: About ELSS Funds?

Hello

There are two funds in my list -

1. DSP-MLTax Saver Fund (D) = 15k
2. Birla Sun Life Tax Relief '96 = 15k

What you guys think about these two ELSS?

Second,
1. Principal Tax saving, or
2. Personal Tax Saver

Which one is good in between these two Principal ELSS?


Nitin
Principal Personal tax Saving has high risk grade. Avoid! Also you will have 3 year lock & you wont get the oportunity to exit from it if it proves to be poor choice
 
#5
Suggestions on ELSS...plsssssss

Hi all...
I have to buy 2 tax-savings Mutual Funds...Im very confused on which fund to buy ... Can u pls suggest me some ELSS which is performing well or is predicted to perform well..

I had these mutual funds in my mind.

Taurus Libra Taxshield
DWS Tax Savings
Kotak Tax Saver
SBI Magnum Tax Gain
Lotus India TaxPLan

Any comments on these funds ? Which of these is a good option to buy ?
Pls give me any of ur own suggestion on any good tax-savings fund too...

I have to buy it within a day or so...I dont have enough time...so plss reply soooon....
 
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#6
Re: Suggestions on ELSS...plsssssss

Among the funds you selected the best would be Magnum tax gain, followed by Kotak tax Saver.

Avoid taurus Libra Tax shield. It has a very poor long term track record. DWS is relatively a new fund.

Another good fund outside this spectrum would be Birla Sunlife Tax Relief 96. It has a good long term track record, fell once below the category average in 2005. Since inception it has delivered 40% CAGR.
 
#7
Re: Suggestions on ELSS...plsssssss

Hey...16 people have viewed it n jst 1 reply ??????
Hey folks....plss pour in ur opinion.....Pls give me a suggestion.............
 
#8
Re: Suggestions on ELSS...plsssssss

my choices
1) sbi tax gain
2) hdfc tax saver
3) sundaram tax saver
4) kotak tax saver

disclaimer
my choices may not be the right choice for you
 
#9
Re: Suggestions on ELSS...plsssssss

Hey...16 people have viewed it n jst 1 reply ??????
Hey folks....plss pour in ur opinion.....Pls give me a suggestion.............
in sbi tax gain fund 93. they are not accepting new inverstors application forms due to the large size of funs, instead they have launched scheme SBI TAX ADVANTAGE FUND SERIES 1, u must have to invest in thias funs to get the best performance than sbi tax gain fund.
 
#10
Re: Suggestions on ELSS...plsssssss

Hello !!

I never heard of this before. In fact, I just applied my first MF on this today !!

How many else have faced this problem of SBI not allowing you to invest in TAX GAIN 93?

And by the way is SBI Magnum Tax Gain & Tax Gain 93 one and the same?

Thanks

Jeet

in sbi tax gain fund 93. they are not accepting new inverstors application forms due to the large size of funs, .
 

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