Re: Need suggestions in choosing Tax Saving MF
My pick would be Birla Sunlife Tax Relief 96 or Fidelity Tax Advantage.
Though these 2 funds do not have much history to boast off, both have a good one year performance and have maintained a large cap bias in thier portfolio. Given that there is a lock in period of three year period, I would be concerned if my tax saving mf has a large exposure to mid/small caps.
If you do not mind taking the risk, you could go for star performers like Magnum Tax gain, HDFC Taxsaver or Birla Equity Plan.
My pick would be Birla Sunlife Tax Relief 96 or Fidelity Tax Advantage.
Though these 2 funds do not have much history to boast off, both have a good one year performance and have maintained a large cap bias in thier portfolio. Given that there is a lock in period of three year period, I would be concerned if my tax saving mf has a large exposure to mid/small caps.
If you do not mind taking the risk, you could go for star performers like Magnum Tax gain, HDFC Taxsaver or Birla Equity Plan.