How to select Tax Saving Mutual Fund

Tax planning 763 views 2 replies

Selecting the best tax-saving mutual fund (also referred to as equity linked saving scheme - ELSS) is never an easy task. For one, there are just too many funds, which only confuses the investor. Add to this the sometimes misrepresentative mutual fund advertisements that paint a rosier than warranted picture. At the end of the day, often investors end up being invested in the wrong tax-saving mutual fund.

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How to select Tax Saving Mutual Fund

Replies (2)

thank u very much for sharing such nice information

You need to select the 5 Star Rated funds , which has given consistently good return in last 3/4 years . check Moneycontrol.com or Valueresearchonline.com , Plz note that there is no short cut to be rich , u need to be discipline in investment . SIP is always a good idea rather on timing the market.

rashmi

Originally posted by : Vishal


Selecting the best tax-saving mutual fund (also referred to as equity linked saving scheme - ELSS) is never an easy task. For one, there are just too many funds, which only confuses the investor. Add to this the sometimes misrepresentative mutual fund advertisements that paint a rosier than warranted picture. At the end of the day, often investors end up being invested in the wrong tax-saving mutual fund.

Read More:
How to select Tax Saving Mutual Fund


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